FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$5,500,00040 days on marketActive

1920 Bay Drive, Miami Beach, FL 33141

Miami Beach, FL 33141
4
Beds
4
Baths
2,684
Sq Ft
$2,049
$/Sq Ft
1951
Year Built
4 car
Garage
0.2 acres
Lot Size

Listing Snapshot

List Price$5,500,000
Price / Sq Ft$2,049
Beds4
Baths4
Living Area2,684 sqft
Lot Size0.2 acres
Year Built1951
Property Tax$11,961/yr
MLS #1159625698
StatusActive
Days on Market40

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

ElementaryTreasure Island
MiddleMiami Beach Nautilus
HighMiami Beach

Map

Virtual Tour

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Listed by Andrew Rotondaro · Compass Florida, LLC
MLS# 1159625698 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $4,400,000

%
Est. Monthly$31,013
Principal & Interest$30,016
Property Tax$997

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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