1920 Bay Drive, Miami Beach, FL 33141

$5,500,000
4
BD
4
BA
2,684
SqFt

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List Price
$5,500,000
Days on Market
0
MLS#
A12111786
Bedrooms
4
Full Bathrooms
4
Sq. Ft
2,684
Subtype
Single Family Residence
County
Miami-Dade
Subdivision
Isle Of Normandy Miami Vi
Year Built
1951

Property Description

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.

Additional Information

Garage Spaces
2
Construction
CBS (Concrete Block Structure), Block, Frame, Stucco
Cooling
Central Air
Flooring
Tile
Heating
Other
Restrict
No Restrictions
Roof
Shingle
Taxes
$11,961
View
Bay
Private Pool
Yes
Amenities
Other
Waterfront
Bayfront, Ocean Access, Ocean Front
Stories
2
Acres
0.20
Price Per Sqft
$2,049
Elementary School
Treasure Island
Middle School
Miami Beach Nautilus
High School
Miami Beach

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Listing courtesy of Compass Florida, LLC. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Andrew J Rotondaro | Email: andy.daro@compass.com