Premier Real Estate Group
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1920 Bay Drive

Miami Beach, FL 33141

MLS # A12111786· ActiveIDX IDX

$5,500,000

Bedrooms
4
Bathrooms
4
Living area
2,684 sq ft
Lot size
0.2 acres
Year built
1951
Type
Single Family Residence
Days on market
13

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.

Details

MLS #A12111786
StatusActive
SubdivisionIsle Of Normandy Miami Vi
CountyMiami-Dade
ZIP33141
ViewBay
WaterfrontYes
Private poolYes
Garage spaces2
ConstructionFrame, Stucco, CBS
RoofShingle
FlooringTile
HeatingOther
CoolingCentral Air
WaterPublic
SewerPublic Sewer
Annual taxes$11,961

Listing courtesy of Compass Florida, LLC, Andrew J Rotondaro. Last updated Oct 30, 2026, 2:22 PM ET.

Request a showing

Mention MLS # A12111786 (1920 Bay Drive) and when you would like to visit. A licensed real-estate professional will contact you.

Licensed brokerage

Premier Real Estate Group Inc

Broker of record Maxim Bohadana, Florida broker license BK3314523

(888) 440-3766

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IDX

The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 30, 2026, 2:22 PM ET.

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