Virtual TourMap

For SaleSingle Family ResidenceActive

1920 Bay Dr

Miami Beach, FL 33141

$5,500,000

13 Days On Site

  • 4Beds
  • 4Baths4 full
  • 2,684Sq Ft
  • $2,049Per Sq Ft
  • 0.2032Acres
  • 1951Built
Subdivision
Isle Of Normandy Miami Vi
County
Miami-Dade
MLS®
A12111786

Overview

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.

Listing Snapshot

Price
$5,500,000
Days On Site
13 Days
Bedrooms
4
Inside Area (SqFt)
2,684 sqft
Total Baths
4
Full Baths
4
Partial Baths
0
Lot Size
0.2032 Acres
Year Built
1951
MLS® Number
A12111786
Status
Active
Property Tax
$11,961 (2026)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

11 items
Direction Faces
West
Garage
Yes
Garage Spaces
2
Levels
Two
Parking
Driveway
Property Sub Type
Single Family Residence
Sewer
Public Sewer
SqFt Total
4,487
Style
TwoStory
Water Source
Public
Zoning
3900

Interior Features

5 items
Appliances
Wine Cooler
Cooling
Central Air
Flooring
Tile
Heating
Other
Interior
Master Downstairs

Exterior Features

11 items
Construction Details
Block, Frame, Stucco, Concrete
Frontage
60
Lot Features
Waterfront
Patio And Porch
Deck
Pool Features
In Ground, Private
Private Pool
Yes
Roof
Shingle
View
Bay
Waterfront
Yes
Waterfront Features
Ocean Access, Ocean Front
Waterview
Bay

Community Features

3 items
Community Features
Other
MLS Area
32
Financing Terms Available
Cash, Owner May Carry

Location

1920 Bay Dr, Miami Beach, FL 33141 · 32

Open in Google Maps

Neighborhood & Commute

ZIP Code 33141

Median household income
$62,795
Income per person
$40,706
Households
16,385
Average household size
2.08
Median age
45.2

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Schools

Elementary School
Treasure Island
Middle School
Nautilus
High School
Miami Beach

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Active
  3. Listing first seen on site
  4. Price changed to $5,500,000

Friends & Family

Similar Homes

For sale in Miami Beach, single family residence, within 20% of this price.

Listing courtesy of Compass Florida, LLC (917) 696-7141

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-08 11:37 PM EST

Powered by Showcase IDX, a Constellation1 company

We use cookies to improve your experience and our marketing. Privacy Policy