Bayfront redevelopment opportunity in the heart of Miami Beach. This rare waterfront property offers direct bay frontage with expansive water and city skyline views, just minutes from the beach, dining, and North Beach amenities.rnThe site is ideally positioned for a boutique multifamily redevelopment and is supported by architectural renderings prepared by Kobi Karp Architecture & Interior Design, illustrating the potential for a modern waterfront residential project. Zoning allows for multifamily use with favorable development parameters in a highly sought-after Miami Beach location.rnEnjoy unobstructed bay views, stunning sunsets, and a prime location approximately 5 minutes from the ocean. The property benefits from a central North Beach location with convenient access to Bal Harbour, Surfside, and the broader Miami Beach corridor.rnAn exceptional opportunity for developers or investors seeking bayfront land with strong redevelopment potential in a supply-constrained market.