$5,500,000
1920 Bay Dr, Miami Beach FL 33141
5 days on market
- Bedrooms
- 4
- Bathrooms
- 4
- Living area
- 2,684 sqft
- Price per sqft
- $2,049
- Type
- Single Family Residence
- Year built
- 1951
- Taxes
- $11,961/yr
- Waterfront
- Yes
- MLS #
- A12111786
About this home
Rare wide open bay waterfront development or redevelopment opportunity in Miami Beach. Situated on an expansive 8,850 SF lot with direct Biscayne Bay frontage, 1920 Bay Drive offers breathtaking, unobstructed panoramic views of the wide bay and Downtown Miami skyline. The views are unmatched at this price-point. Located in the desirable Normandy Isles neighborhood, this exceptional property presents an opportunity to redevelop a luxury waterfront estate or create a boutique condominium project. Featuring RM-1 zoning, a 1.25 FAR allowing approximately 11,000 SF of buildable floor area, and a potential building height of up to 55 feet, the property offers tremendous development possibilities. Enjoy direct ocean access with no fixed bridges and existing grandfathered dock pilings for a boaters paradise. A very rare opportunity to create a landmark waterfront residence or exclusive boutique development in one of Miami Beach's hottest residential neighborhoods.
Estimated subtotal
$997/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2026 annual tax, shown monthly
- $997
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami Beach, 33141
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Compass Florida, LLC
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.