1920 Bay Dr, Miami Beach FL 33141
Miami Beach, FL, 33141
$5,500,000
+ 23 more photos
Property facts
- Status
- Active
- Price
- $5,500,000
- Bedrooms
- 4
- Bathrooms
- 4
- Living area
- 2,684 sqft
- Lot size
- 8,850 sqft
- Year built
- 1951
- Type
- Single Family Residence
- Garage spaces
- 2
- Days on market
- 1
- On market
- October 26, 2026
- MLS #
- A12111786
About this single family residence
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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Listing courtesy of Compass Florida, LLC, 305-851-2820. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.