ActiveSingle Family Residence
1920 Bay Dr, Miami Beach FL 33141
Miami Beach, FL 33141 · MLS #A12111786Photo 1 / 35
The residence
About this property
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.
At a glance
Property details
- Property type
- Single Family Residence
- Listing type
- For sale
- Status
- Active
- Bedrooms
- 4
- Bathrooms
- 4
- Living area
- 2,684 sq. ft.
- Year built
- 1951
- Lot size
- 8,850 sq. ft.
- Subdivision
- ISLE OF NORMANDY MIAMI VI
- County
- Miami-Dade County
- Days on market
- 1
- Original list price
- $5,500,000
- Listing date
- October 26, 2026
- MLS record updated
- October 27, 2026
- Annual property tax
- $11,961 (2026)
- Listing agent
- Andrew Rotondaro
- Listing office
- Compass Florida, LLC
- MLS number
- A12111786
Neighborhood & location
Explore ISLE OF NORMANDY MIAMI VI
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $27,811
- Property taxes
- $997
- Homeowners insurance
- $2,750
- Estimated total
- $31,558
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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Listing courtesy of Compass Florida, LLC, 305-851-2820.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.