1920 Bay Drive, Miami Beach, FL 33141
Listing Snapshot
| List Price | $5,500,000 |
| Price / Sq Ft | $2,049 |
| Beds | 4 |
| Baths | 4 |
| Living Area | 2,684 sqft |
| Lot Size | 0.2 acres |
| Year Built | 1951 |
| Property Tax | $11,961/yr |
| MLS # | 1159625698 |
| Status | Active |
| Days on Market | 40 |
About This Home
A Rare Wide Bay Waterfront Property and opportunity to acquire a prime waterfront, unobstructed, panoramic bay and downtown Miami skyline views. Situated on an 8,850 SF lot this property offers the ultimate Miami waterfront lifestyle — with no fixed bridges to the ocean for seamless boating access. Existing grandfathered boat dock pilings significantly enhance the property’s value.Offering RM-1 zoning, this site presents compelling redevelopment potential. With an allowable 1.25 FAR, the property supports approximately 12,000+/- square feet of buildable living area, with a maximum height of 55 feet. The property is non-historic, providing flexibility and a clear path toward creating a landmark waterfront estate or boutique condominium development.Whether envisioned as a trophy single-family compound or a luxury residential project, this is a premier development opportunity in one of the most desirable waterfront corridors.
General Features
- Property Type
- Residential
- Sub-type
- SingleFamilyResidence
- Stories
- 3
- Direction Faces
- Southwest
- Garage Spaces
- 4
- Parking
- Driveway
- Zoning
- 3900
- Subdivision
- ISLE OF NORMANDY MIAMI VI
Interior Features
- Appliances
- IceMaker
- Flooring
- CeramicTile
- Heating
- Central
- Cooling
- CentralAir
- Interior Features
- MainLevelPrimary
Exterior Features
- Construction
- Block
- Exterior Features
- OutdoorLivingArea
- Roof
- Flat,Tile
- Patio / Porch
- Deck
- Pool
- Yes
- Pool Features
- Concrete
- View
- Bay,Ocean
- Waterfront
- Yes
- Waterfront Features
- Bayfront
Community Features
- Community Features
- BoatFacilities
- Association Amenities
- Boating
- MLS Area
- 2320
Schools
Map
Virtual Tour
View Virtual TourMLS# 1159625698 · BEACH
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Estimate Your Payment
20% down · Loan: $4,400,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.