1920 Bay Dr, Miami Beach, FL 33141
For Sale $5,500,000
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Listing Agent: Andrew J Rotondaro
Agent Phone:
917-696-7141
Agent Email:
andy.daro@compass.com
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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.
Other
Taxes: $11,961.00
Tax Year: 2026
Deck
Bay
Ocean Access
Bayfront
Ocean Front
Elementary School: Treasure Island
Middle School: Miami Beach Nautilus
Junior High: Miami Beach Nautilus
High School: Miami Beach
MLS Area: 2320
Total Square Footage: 4,487
Price per Square Feet: $2,049.18
Total Rooms: 1
Total Floors: 2
Water: Public
Construction: Frame, Stucco, Cbs
Date Listed: 2026-10-26 00:00:00
Pool: Y
Pool Description: In Ground
Parking: Driveway
Garage Spaces: 2
Flooring: Tile
Roof: Shingle
Heating: Other
Cooling: Central Air
55+ Community: Y
Restrictions: No Restrictions
Sewer: Public Sewer
Parcel ID: 0232100021250
Amenities: Other
Listing Courtesy Of: Compass Florida, Llc
andy.daro@compass.com
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.
Property Details
Price: $5,500,000
Sq Ft: 2,684
($2,049 per
sqft)
Bedrooms: 4
Bathrooms: 4
City: Miami Beach
County: Miami-Dade
Type: Single Family
Development: Isle Of Normandy Miami Vi
Acres: 0.2000
Virtual Tour/Floorplan: View
Year Built: 1951
Listing Number: A12111786
Status Code: A-Active
Taxes: $11,961.00
Tax Year: 2026
Garage:
2
Amenities:
Other
Financial Information:
Taxes: $11,961.00
Tax Year: 2026
Exterior Features:
Deck
View:
Bay
Waterfront Description:
Ocean Access
Bayfront
Ocean Front
School Information:
Elementary School: Treasure Island
Middle School: Miami Beach Nautilus
Junior High: Miami Beach Nautilus
High School: Miami Beach
Additional Information:
MLS Area: 2320
Total Square Footage: 4,487
Price per Square Feet: $2,049.18
Total Rooms: 1
Total Floors: 2
Water: Public
Construction: Frame, Stucco, Cbs
Date Listed: 2026-10-26 00:00:00
Pool: Y
Pool Description: In Ground
Parking: Driveway
Garage Spaces: 2
Flooring: Tile
Roof: Shingle
Heating: Other
Cooling: Central Air
55+ Community: Y
Restrictions: No Restrictions
Sewer: Public Sewer
Parcel ID: 0232100021250
Amenities: Other
Map of 1920 Bay Dr, Miami Beach, FL 33141
Listing Courtesy Of: Compass Florida, Llc
andy.daro@compass.com