Home in 1920 Bay Drive, Miami Beach, FL 33141 for sale with MLS# A12111786
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.
1920 Bay Drive, Miami Beach, FL 33141
- Price:
- $5,500,000.00
- Original List Price:
- $5,500,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $2,049.18
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 26, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 4
- Bathrooms Total:
- 4
- Full Bath:
- 4
- Room Type:
- Family Room
- Master Bedroom Bath:
- Master Bdrm - Ground
- Living Area:
- 2,684 Sqft
- Built-Up Area:
- 4,487 Sqft
- Lot Area:
- 8,850 Sqft
- Lot Size Acres:
- 0.2
- View from the Property:
- Bay
- Waterfront:
- Yes
- Waterfront Features:
- Ocean Access, Ocean Front, Bayfront
- Frontage Length:
- 60
- Private Pool
- Swimming Pool Features:
- In Ground
- Patio and Porch:
- Deck
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Other
- Boat and Dock Features:
- Lift, Deeded Dock
- Property Entrance Faces:
- West
- Year Built:
- 1951
- Roof:
- Shingle
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- Frame, Stucco, CBS
- Flooring:
- Tile
- Number of stories:
- 2
- Flood Zone Code:
- AE
- Property Condition:
- Resale
- Tax Annual Amount:
- $11,961.00
- Tax Year:
- 2026
- Property Tax Details:
- City/County
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Parking Features:
- Driveway
- Sewer:
- Public Sewer
- Water Source:
- Public
- Amenities Provided by the Homeowner's Association (HOA):
- Other
- Subdivision Name:
- ISLE OF NORMANDY MIAMI VI
- Senior Community:
- Yes
- Restrictions:
- No Restrictions
- Community Dock
- Listing Terms Considered by Seller:
- Cash, Cryptocurrency, Owner Will Carry Points, Other
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- ISLE OF NORMANDY MIAMI VIEW SEC PART 1 PB 34-80 LOT 20 BLK 39 LOT SIZE 52.060 X 170 OR 18915-3183 11 1999 1
- Real Estate Folio Number (Parcel Number):
- 0232100021250
- Zoning:
- 3900
- Elementary School:
- Treasure Island
- High School:
- Miami Beach
- Middle Or Junior School:
- Miami Beach Nautilus
- Active on the market since:
- October 26, 2026
- Listing Agreement executed on:
- October 26, 2026
- Listing Status Last Changed On:
- October 26, 2026 4:00 am
- Photos updated on:
- October 26, 2026 1:26 pm
- Last Modified:
- October 26, 2026 2:33 pm
- Courtesy of:
- Compass Florida, LLC
- Attribution:
- Not provided
- Street Name:
- Bay
- Street Number:
- 1920
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33141
- County:
- Miami-Dade
- Latitude:
- N25° 50' 58.1''
- Longitude:
- W81° 51' 33.2''
- Street Suffix:
- Drive

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 1920 Bay Drive, Miami Beach, FL 33141