1920 Bay Drive, Miami Beach, FL 33141
- $5,500,000
- 4
- BD
- 4
- BA
- 2,684
- SqFt
- List Price
- $5,500,000
- Status
- ACTIVE
- Days on Market
- 3
- MLS#
- A12111786
- Subtype
- Residential
- Year Built
- 1951
- Bedrooms
- 4
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 2,684
- Acres
- 0.20
- Subdivision
- Isle Of Normandy Miami Vi
- MLS Area Major
- 2320
Property Description
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.
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Additional Information
- Amenities
- Other
- Interior Features
- Main Level Primary
- Exterior Features
- Outdoor Living Area
- Taxes
- $11,961
- Zoning
- 3900
- Flooring
- Tile
- Heating
- Other
- Air Conditioning
- Central Air
- Exterior Construction
- CBS (Concrete Block Structure), Block, Frame, Stucco
- Stories
- 2
- Levels
- Two
- Roof
- Shingle
- Pool
- Yes
- Parking Features
- Driveway
- Garage Spaces
- 2
- Elementary School
- Treasure Island
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
- View
- Bay
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Listing courtesy of Compass Florida, LLC. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Andrew J Rotondaro | Email: andy.daro@compass.com