1920 Bay Dr Miami Beach FL 33141 | MLS #A12111786
1920 Bay Dr
Miami Beach, FL, 33141
$5,500,000
4 Beds
4 Baths
2,684 SqFt
0 Acres
$5,500,000
1920 Bay Dr
Miami Beach, FL, 33141
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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.

Property Details

Price:
$5,500,000
MLS #:
A12111786
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
ISLE OF NORMANDY MIAMI VI
Neighborhood:
isleofnormandymiamivi
Listed Date:
Oct 26, 2026
Finished Sq Ft:
2,684
Total Sq Ft:
4,487
Year Built:
1951
WaterfrontOceanfrontPoolIsle Of Normandy Miami ViIsleofnormandymiamiviIsle Of Normandy Miami ViTreasure IslandNautilusMiami BeachBayNo Restrictions

Schools

Elementary School:
Treasure Island
Middle School:
Nautilus
High School:
Miami Beach

Interior

Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Tile
Heating
Other
Interior Features
First Floor Entry, Family Room

Exterior

Architectural Style
Attached, Two Story
Community Features
Additional Amenities
Construction Materials
CBS Construction, Frame With Stucco
Covered Spaces
2
Direction Faces
West
Garage Spaces
2
Lot Features
Less Than 1/4 Acre Lot
Open Parking YN
1
Parking Features
Driveway
Patio And Porch Features
Deck
Roof
Shingle
View
Bay
Waterfront Features
Ocean Access, Ocean Front

Financial

Tax Year
2026
Taxes
$11,961
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Current real estate data for Single Family in Miami Beach as of Oct 28, 2026
273
Single Family Listed
167
Avg DOM
1,979
Avg $ / SqFt
$9,645,823
Avg List Price

Community

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Property Summary

    Located in the ISLE OF NORMANDY MIAMI VI subdivision, 1920 Bay Dr Miami Beach FL is a Single Family for sale in Miami Beach, FL, 33141. It is listed for $5,500,000 and features 4 beds, 4 baths, and has approximately 2,684 square feet of living space, and was originally constructed in 1951. The current price per square foot is $2,049. The average price per square foot for Single Family listings in Miami Beach is $1,979. The average listing price for Single Family in Miami Beach is $9,645,823.
1920 Bay Dr
Miami Beach, FL