1920 Bay Drive, Miami Beach, FL 33141
- Beds
- 4
- Baths
- 4
- Living Area
- 2,684 SF
- Year Built
- 1951
- $/SF
- $2049
- Type
- SingleFamilyResidence
- DOM
- 64
4 bed · 4 bath · 2,684 sqft · Built 1951
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.
- Property type
- SingleFamilyResidence
- Condition
- Resale
- Year built
- 1951
- Stories
- 3
- Roof
- Flat,Tile
- Subdivision
- ISLE OF NORMANDY MIAMI VI
- Waterfront
- Yes
- Waterfront features
- Bayfront
- Private pool
- Yes
- Parcel number
- 0232100021250
- Annual tax
- $11,961
Miami Beach runs from South Beach Art Deco condos to Mid-Beach high-rises and North Beach single-family pockets. The condo market dwarfs the SFH market here — supply dynamics diverge sharply by submarket.
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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 7/10/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.