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2500 Bay Avenue, Miami Beach, FL 33140

$22,500,000

Property Type: Land & Docks Lot Size (sq. ft.): 84,071 Status: Closed

Current Price: $22,500,000 List Date: 5/27/2008 Last Modified: 4/09/2026

Description

Once in a lifetime opportunity! Amazing waterfront location on Sunset Island II. +/-2 acres in one of the most prestigious gated communities in Miami Beach. Stunning forever-wide bay and downtown Miami skyline views! Indulge in the +/-570-foot of water fr ontage with ocean access. Fabulous sunsets. One of the last spectacular lots in South Florida.

More Information MLS# M1238594

Contract Information

Comp Sale YN: No LP/Acre: 15025906.74 Listing Date: 2008-05-27 Status: Closed Original List Price: 29000000 Sold Price: $22,500,000 Current Price: $22,500,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Beach Municipal Code: 2 Postal Zip: 33140 Subdivision Number: 1 County Land Use: EXT Country: United States Street Number: 2500 Street Name: Bay Street Suffix: Avenue State Or Province: FL Postal Code: 33140 Subdivision Name: SUNSET ISLANDS Area: 2320 Elementary School: North Beach Middle Or Junior School: Miami Beach Nautilus High School: Miami Beach Parcel Number: 0232280011185 Zoning: 21/EST 1

General Property Information

Number Of Lots: 3 Lot Size Dimensions: X Water Frontage Feet: 569 LP/SqFt: 344.95 Property Sub Type: Unimproved Land Lot Size Acres: 1.93 Lot Size Square Feet: 84070.8 Additional Parcels YN: 1 Additional Parcels Description: 2nd Parcel ID 02-32-28-001-1180 Waterfront YN: 1 Direction Faces: West

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Cash SP/Acre: 11658031.09 Major Change Timestamp: 2008-10-02T09:03:19Z Major Change Type: Status Change Status Change Date: 2008-10-03 Under Contract Date: 2008-07-16 Close Date: 2008-10-02 Close Price: 22500000

Documents Available

Survey: 1

Fencing

Fenced: 1

Current Use

Residential: 1 Single Family: 1 Other: 1

Development Status

Recorded Plat: 1

Location of Property

City Location: 1

Other Structures

None: 1

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Soil Type

Dirt: 1

Special Information

Disclosure: 1

Trees

Partial Tree Coverage: 1

Utilities

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1 Sewer Available: 1 Water Available: 1 None: 1 Trash Removal: 1

Vegetation

Grassed: 1

Water View

Bay: 1

Listing Terms

Conventional: 1 Other: 1

Lot Features

Cleared: 1

Road Surface Type

Paved: 1

Water Source

Public: 1

Waterfront Features

Bayfront: 1

Boat and Dock Information

Dock: Yes Boat Dock Accommodates: Over 101 Ft Boat

Boat and Dock Features

Private Dock: 1

Showing Requirements

Call Listing Agent: 1

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 1185

Acreage Description

2 To Less Than 3 Acre Lot: 1

Financial Information

Tax Year: 2007 Tax Annual Amount: 295608 Tax Legal Description: 27-28-33-34 53 42SUNSET ISLANDS ISLAND NO 2 PB 40-8 LOTS 9-13 BLK 2H

Originating Details

Originating System Key: 28963814 Originating System ID: M00000151

Property Features

Current Use: Residential; Single Family; Other Development Status: Recorded Plat Documents Available: Survey Fencing: Fenced Location of Property: City Location Other Structures: None Possession: Negotiable Sewer: Public Sewer Soil Type: Dirt Special Information: Disclosure Trees: Partial Tree Coverage Utilities: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available; None; Trash Removal Vegetation: Grassed Boat and Dock Features: Private Dock Listing Terms: Conventional; Other Lot Features: Cleared Road Surface Type: Paved Water Source: Public Water View: Bay Waterfront Features: Bayfront Showing Requirements: Call Listing Agent Acreage Description: 2 To Less Than 3 Acre Lot

Listing Office: Coldwell Banker Realty

Last Updated: April - 09 - 2026

2500 Bay Avenue, Miami Beach, FL 33140- MLS# M1238594

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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