1920 Bay Dr, Miami Beach, FL 33141

Miami Beach
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1920 Bay Dr,Miami Beach, FL 33141
$5,500,000
Virtual Tour
  • 4 Beds
  • 4 Baths
  • 2,684 sq. ft.
  • Single family
  • Active
Listed by: andrew rotondaro
Office: compass florida, llc.305-851-2820
MLS#:A12111786
Source:SEFMLS

Price summary

  • Price:$5,500,000
  • Price per sq. ft.:$1,225.76

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1951
  • Subdivision & Development:ISLE OF NORMANDY MIAMI VI
  • Listing ID #:A12111786
  • Updated:November 12, 2026 at 11:07 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Tile
  • Living area:2,684 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1951
  • Building area:2,684 sq. ft.
  • Lot area:0.2 Acres
  • Lot Features:Flood Zone
  • Architectural Style:Two Story
  • Construction Materials:Block, Frame, Stucco
  • Exterior Features:Deck
  • Levels:2 Story

Schools

  • High school:Miami Beach
  • Middle school:Nautilus
  • Elementary school:Treasure Island

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,500,000
  • Price per sq. ft.:$1,225.76
  • Tax amount:$11,961 (2026)

Features and amenities

  • Pool features:In Ground, Pool

Parking

  • Parking description:Driveway
  • Garage:Yes
  • Garage spaces:2
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

New listings near 1920 Bay Dr