1920 Bay Drive, Miami Beach, FL 33141

New Listing

$5,500,000

Covered stone patio featuring classical columns, integrated lantern-style pendant lighting, and a kidney-shaped pool with stone decking

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12111786

Waterfront swimming pool with natural stone decking, integrated stairs, wood-finish dock, and tropical landscaping

Curved swimming pool with stone coping, wood-plank dock, and boat lift

Curved swimming pool featuring stone coping and a wood-plank deck with pilings

Waterfront wood deck featuring a boat lift, fixed dock pilings, and mature palm trees

Waterfront wooden dock featuring vertical timber pilings, metal ladder access, and expansive open-water frontage

Waterfront wood deck featuring structural pilings and direct water access

Waterfront property featuring a private wooden dock, boat lift, expansive deck, and a swimming pool

Waterfront property featuring a private wooden dock, bulkhead sea wall, expansive deck, and mature palm landscaping

Enclosed courtyard featuring stone tile flooring, two solid wood entry doors, decorative stone door surrounds, and a double-gate wooden entrance framed by a Spanish-style tile roof

Private outdoor space featuring multi-level wood decking, natural stone pathways, mature palm trees, and an arched garden trellis

Single-car garage featuring a terracotta tile roof, stucco exterior, and wall-mounted coach lighting, surrounded by mature palm trees and tropical landscaping

Waterfront property featuring a private dock, mature tropical landscaping, and multiple clay-tile roof structures

Waterfront property featuring a terra cotta roof, palm tree-lined grounds, and multistory buildings with private balconies

Waterfront property featuring expansive bay exposure, a private wooden dock, and mature palm trees, topped with a traditional clay tile roof

Waterfront property featuring a private wooden dock, a multi-tiered concrete patio, and mature palm trees

Waterfront property featuring a clay tile roof, private dock, and mature tropical landscaping

Aerial perspective of a waterfront property featuring direct canal access, deep-water dockage, palm-lined grounds, and a skyline backdrop

Waterfront property featuring deep-water dockage, multi-level terraces, glass balcony railings, and lush perimeter landscaping, set against a metropolitan skyline

Aerial perspective featuring waterfront residential properties, direct ocean access, maritime docking infrastructure, and proximity to high-rise metropolitan infrastructure

Aerial perspective of coastal residential area featuring waterfront property positioning, deep-water access, and proximity to maritime channels

Aerial perspective of coastal residential property featuring a deep-water bulkhead, private boat docks, landscaped grounds with palm trees, and proximity to open water

Aerial perspective of waterfront property featuring deep-water dockage, a swimming pool, and shoreline positioning along the bay

Aerial perspective of waterfront properties featuring deep-water dockage, multi-level balconies, exterior swimming pools, and concrete seawalls

Waterfront property featuring a private dock, two swimming pools, multi-level balconies, and extensive perimeter landscaping

Waterfront property featuring direct maritime access, private boat docks, and swimming pools

Waterfront property featuring a private wooden dock, clay tile roof, expansive outdoor patio, and mature palm trees

Waterfront property featuring a private dock, clay tile roof, swimming pool, and dense mature landscaping

Aerial perspective of waterfront property featuring a tile roof, mature palm trees, a private wooden dock, and bulkhead hardscaping

Waterfront property featuring extensive palm tree landscaping, a tiled roof structure, and direct water access via a private dock

Waterfront location featuring expansive bay scenery, multi-story white stucco architecture, private balconies, and mature palm landscaping

Waterfront property featuring expansive bay exposure, a private swimming pool, mature tropical palms, a terracotta-tiled roof, and a private dock

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,487 Status: Active

Current Price: $5,500,000 List Date: 10/26/2026 Last Modified: 10/27/2026

Overview

Description

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.

Listing Details MLS# A12111786

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 4
Building Area Main: 4487
Living Area Main: 2684
Adjusted Area Main: 2718
Year Built: 1951
Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Lot Size Area: 8850
Lot Size Acres: 0.2
Senior Community YN: Yes
Waterfront YN: Yes
Water Frontage Feet: 60
Outdoor Living Spaces YN: Yes
Stories Total: 2
Direction Faces: West
Pool Private YN: Yes

Property Features

Flooring: Tile Parking Features: Driveway Property Condition: Resale Boat and Dock Features: Deeded Dock; Lift Construction Materials: CBS; Frame; Stucco Cooling: Central Air Heating: Other Levels: Two Listing Terms: Cash; Cryptocurrency; Owner Will Carry; Other Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Shingle Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Water Access: Ocean Access Water Source: Public Water View: Bay Waterfront Features: Bayfront; Ocean Front Showing Requirements: Call Listing Agent Outdoor Living Spaces: Deck Room Types: Family Room

Contract Information

Comp Sale YN: No
Original List Price: 5500000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1920
Street Name: Bay
Street Suffix: Drive
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33141
Postal Code +4: 4412
Postal Zip: 33141
Subdivision Name: ISLE OF NORMANDY MIAMI VI
Area: 2320
Elementary School: Treasure Island
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0232100021250
Subdivision Number: 2
Zoning: 3900
Flood Zone: AE
Multiple Offers Accepted: Yes

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 11961
Tax Year: 2026
Tax 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

Status Change Information

Major Change Timestamp: 2026-10-26T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-26

More Information

Entry Information

Entry Level: Yes

Boat and Dock Information

Dock: Yes

Pool Size Details

Pool Size (WxL): 60x30

Price Calculations

Current Price To SqFt: 2049.18

Section Details

Parcel Number MLX: 1250

Originating Details

Originating System Key: 568189042
Originating System ID: M00000151

Room Information

Room Name
Family Room

Listing Office: Compass Florida, LLC

Last Updated: October - 27 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

1920 Bay Drive, Miami Beach, FL 33141 (MLS# A12111786)