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$5,500,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 2,684 Sq. Ft.
  • Updated 36 minutes ago
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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.

Full Property Details for 1920 Bay Dr

General

  • Price: $5,500,000
  • Taxes: $11,961 (2026)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A12111786
  • Updated: Today (10/26/2026)
  • Added to Site: Today

Interior

  • Interior Features: First Floor Entry, Family Room
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4
  • Bedroom Features: At Least 1 Bedroom Ground Level

Other Rooms

  • Living Room: Family Room Sq. Ft.

Additional Information

  • Pool: Yes
  • Pool Description: In Ground, 60x30

Exterior

  • Deck/Patio: Deck

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Driveway

Location

  • Area: Isle Of Normandy Miami Vi
  • County: Miami-Dade County
  • Subdivision: ISLE OF NORMANDY MIAMI VI
  • Building Name: ISLE OF NORMANDY MIAMI VI
  • Direction Faces: West

School Information

  • Elementary School: Treasure Island
  • Middle School: Nautilus
  • High School: Miami Beach

Community

  • Community Name: Isle Of Normandy Miami Vi

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Other

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached, Two Story
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: CBS Construction, Frame With Stucco
  • Roof: Shingle
  • Building Size: 4487
  • Square Feet: 2,684
  • Living Area: 2,684 Sq. Ft.
  • Year Built: 1951

Lot Features

  • Property View: Bay
  • Lot Size (Sq. Ft.): 8,850
  • Frontage: Bay
  • Frontage Feet: 60
  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 3900

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Ocean Access, Ocean Front

Financial Considerations

  • Price Per Sq. Ft.: $2,049.18
  • Tax Amount: $11,961
  • Tax Year: 2026
  • Terms: All Cash, Cryptocurrency, Owner Will Carry

Disclosures and Reports

  • 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
  • Restrictions: No Restrictions
  • Inclusions: Boatlift, Deeded Dock, Dock Available
  • Property ID: 02-32-10-002-1250

Listed by Compass Florida, LLC

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Listing agent

— 1920 Bay Dr —

  • Compass Florida, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1920 Bay Dr

School District:Dade County School District
NameGradesDistance
Treasure Island Elementary School
7540 East Treasure Drive, North Bay Village, FL 33141
PK-50.4 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-82.4 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-123.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1920 Bay Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/26/2026
Listed
$5,500,000
17.02%
MLS
3/11/2025
Sold
$4,700,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1920 Bay Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,961
3%
$679,193
3%
2024
$11,629
3%
$660,052
3%
2023
$11,332
4%
$640,828
6%
2021
$10,873
—
$604,043
-3%
2022
$10,915
—
$622,164
4%
2021
$10,873
4%
$595,704
2%
2019
$10,494
5%
$582,311
2%
2018
$9,974
1%
$571,454
2%
2017
$9,881
—
$559,701
2%
2016
$9,860
-1%
$548,190
1%
2015
$9,985
-2%
$544,380
1%
2014
$10,156
2%
$540,060
1%
2013
$10,003
—
$532,079
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Compass Florida, LLC

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1920 Bay Dr, Miami Beach, FL 33141 (MLS# A12111786) is a Single Family property with 4 bedrooms and 4 full bathrooms. 1920 Bay Dr is currently listed for $5,500,000 and was received on October 26, 2026. Want to learn more about 1920 Bay Dr? Do you have questions about finding other Single Family real estate for sale in Normandy Isles? You can browse all Normandy Isles real estate or contact a Coldwell Banker agent to request more information.

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