305-609-4190
1 BIRD KEY, Miami FL 33138
Active Residential Waterfront

1 BIRD KEY, Miami FL 33138

Miami, FL, 33138

$31,500,000

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Garage

Photo Gallery (5 photos)

About This Property

Presenting Bird Key, an uninhabited 4+/- acre island in Biscayne Bay. The ONLY privately owned island with views of Miami’s skyline, amid the clear beautiful, blue waters of the Bay - with no traffic or people- this gem for sale! Bird Key sits just 500 yards offshore, south of the 79th Street Causeway, a 37.5+/- acre offering with 4+/- acres of land surrounded by 33+/- acres of submerged land in sparkling blue water. Only four owners have been able to claim ownership to this property. This is a once-in-a-lifetime opportunity to acquire this special property and let your imagination run free to build something truly spectacular or to donate it to the public as an environmental treasure for future generations to come.

Property Details

MLS #

A11576936

Status

Active

Property Type

Land/Boat Docks

Sub Type

Residential

Days on Market

867

Pool

No

Waterfront

Yes

HOA Fee

None

Est. Insurance

$10,500/mo

Tax Year

2023

Tax Amount

$749

Garage

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Lot Size

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MLS Area

Bird Key

Subdivision

BIRD KEY

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$220,500
Est. Monthly Rent
1.9%
Cap Rate
9.6%
Cash-on-Cash
$607,128
Net Operating Income

ROI Projections (4% Annual Appreciation)

157%
5-Year ROI
Value: $38,324,566
336%
10-Year ROI
Value: $46,627,695
545%
15-Year ROI
Value: $56,729,720

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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