Premier waterfront development opportunity in the heart of Miami Beach. This assemblage consists of two contiguous bayfront parcels totaling 17,918 SF with approximately 108 feet of direct water frontage and two existing multifamily buildings containing 10 income-producing units. The existing cash flow provides holding income while planning and permitting a future redevelopment. Strategically positioned directly across from North Bay Village in one of South Florida's most active redevelopment corridors, surrounded by significant new luxury residential investment. An exceptional opportunity for developers, investors, family offices, and institutional buyers seeking a trophy waterfront land acquisition. Contact Listing Agent for rent roll, survey, and additional due diligence information. Buyer to independently verify zoning, density, and development potential.