1920 Bay Dr Miami Beach, FL $ 5,500,000
1920 Bay Dr
$ 5,500,000
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1920 Bay Dr

Miami Beach, FL, 33141
$ 5,500,000
Bedrooms4 Baths4.0 Sq 2,684

Monthly Estimate*

$ 37,987

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Single Family Home for sale in Miami Beach, FL

for $5,500,000 with 4 bedrooms and 4 full baths. This 2,684 square foot home was built in 1951.

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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Single Family Active

Price

$ 5,500,000

Bedrooms

4

Full Bath

4

Property Type

Single Family

Taxes

$ 11,961

Style

Year Built

1951

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A12111786

Features
General
Sewer Public Sewer
Heating Other
Cooling Central Air
Possession Close Of Escrow
Roof Shingle
Appliances Wine Cooler
Garage Spaces 2
Patio/Porch Features Deck
Architectural Style Two Story
Pool Features In Ground Pool
Restrictions No Restrictions
Construction Materials CBS (Concrete Block Structure) Block Frame Stucco
Year Built 1951
View Bay
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Bayfront Ocean Access Ocean Front
Community Features Other
County Miami-Dade
Property Type Residential
Subdivision Name ISLE OF NORMANDY MIAMI VI
Facing Direction West
Garage Y/N true
Total Rooms 0
Full Baths 4
Special Listing Conditions Listed As-Is
Status Active
High School Miami Beach
City Miami Beach
Senior Community Y/N false
Zoning Description 3900
MLS Area 32
Lot Size Units Square Feet
Lot Size Square Feet 8850
Listing Terms Cash Cryptocurrency Owner May Carry Other
Elementary School Treasure Island
Year Built Details Resale
Tax Annual Amount 11961
Middle/Junior High School Nautilus
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12111786
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Single Family Residence
Legal Description ISLE OF NORMANDY MIAMI VIEW SEC PART 1 PB 34-80 LOT 20 BLK 39 LOT SIZE 52.060 X 170 OR 18915-3183 11 1999 1
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Interior
Interior Amenities Bedroom on Main Level First Floor Entry
Flooring Tile
Air Conditioning Y/N true
Half Baths 0
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Deck
Parking Features Driveway
Lot Features Flood Zone < 1/4 Acre
Water Source Public
Lot Size Area 8850
Building Area Total 4487
Frontage Length 60
Private Pool true
Waterfront Y/N true
Covered Spaces 2
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* Excluded Features
List By
Compass Florida, Llc

Broker

andy.daro@compass.com

Email

Affordability Calculator

$38,984
Per Month
97%
3%
0%
Monthly Principal & Interest
$37,987
Monthly Property Taxes
$997
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4205728 Elementary School
4205765 Middle School
Miami Beach High School High School
Pricing History
Date Price Price Change Description
10/26/2026 $5,500,000 Listed Price

Map


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1920 Bay Dr, Miami Beach, FL, 33141 is a Single Family Home for sale at $5,500,000 with 2,684 sqft. 1920 Bay Dr has 4 bedrooms, 4.0 baths, and was built in 1951. The property's zip code is 33141 which is in Miami Beach, FL