1920 Bay Drive For Sale
Property Details
| Asking Price | $5,500,000 |
|---|---|
| Price per SqFt | $2,049 |
| Property Taxes | $11,961 2026 |
| Interior Space | 2,684 SqFt |
| Beds/Baths | 4/4 |
| Year Built | 1951 |
| Garage | 2 spaces |
| Pool | Yes |
| Lot Size | 0.20 acres |
| MLS # | A12111786 |
Location
From the listing
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.
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $11,961 for 2026. MLS figures, which may not be accurate.
Sales History for This Home · 1920 Bay Drive, Miami Beach, FL 33141
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11517733 | $4,700,000 | 3/14/25 |
| A11519055 | $4,700,000 | 3/14/25 |
Listed by Compass Florida, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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1920 Bay Drive, Miami Beach · MLS A12111786 · $5,500,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.