$5,500,000
1920 Bay Drive
Miami Beach, FL 33141
Estimated payment $28,386/month
no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr
Highlights
About This Home
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.
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Facts & features
Bedrooms & bathrooms
- •Bedrooms:4
- •Bathrooms:4
- •Full bathrooms:0
Heating
- •Has Heating:Yes
Interior area
- •Total structure area:2,684 sqft
- •Total interior livable area:2,684 sqft
Parking
- •Parking features:N/A
- •Garage spaces:0
- •Has attached garage:No
Lot
- •Size:8,712 sqft
Details
- •Parcel number:N/A
Type & style
- •Home type:Single Family Residence
- •Property subtype:Residential
Materials
- • N/A
Condition
- •Year built:1951
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Price history
| Date | Event | Price |
|---|---|---|
| 2026-10-26T00:00:00.000Z | Listed for sale | $5,500,000$2049/sqft |
Listing Agent
Andrew J Rotondaro
Compass Florida, LLC
Brokerage Phone: 305-851-2820
Source: Beaches MLS · MLS #A12111786
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