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1920 Bay DrMiami Beach, FL 33141

For Sale

$5,500,000

Smart Buyer Rebate $55,000

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.

Listed by Andrew Rotondaro

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License #3291089

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Compass Florida, LLC

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9176967141

Last updated October 27, 2026

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Source: SEF #A12111786

Listing Facts

  • TypeSingle-family
  • NeighborhoodIsle of Normandy Miami View
  • Bedrooms4
  • Bathrooms4
  • Days on Prevu5
  • Taxes$11,961/year
  • Size2,684 sqft
  • Price per sqft$2,049

Amenities

  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

10/26/2026
Listed by Compass Florida, LLC
$5,500,000
  1. 10/26/2026$5,500,000
    Listed by Compass Florida, LLC

Property Details for 1920 Bay Dr

Association

Amenities

  • Community Features: Other

Exterior

Construction

  • Roof: Shingle
  • Stories: 2
  • Year Built: 1951
  • Year Built Details: Resale
  • Architectural Style: Two Story
  • Construction Materials: Block, Frame, Stucco, Concrete

Features

  • Direction Faces: West
  • Patio And Porch Features: Deck
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • View: Bay
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Measurements

  • Building Area Total: 4,487
  • Frontage Length: 60
  • Lot Features: Waterfront
  • Lot Size Area: 8,850
  • Lot Size Square Feet: 8,850
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-10-002-1250
  • Tax Annual Amount: $11,961.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Wine Cooler
  • Flooring: Tile
  • Interior Features: Master Downstairs

Measurements

  • Living Area: 2,684

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4

Other

Location

  • Subdivision Name: ISLE OF NORMANDY MIAMI VI

Parking

Parking

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

Schools

Elementary School

  • Elementary School: Treasure Island

High School

  • High School: Miami Beach

Middle or Junior School

  • Middle Or Junior School: Nautilus

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Other
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 4 bathrooms in this single-family home at 1920 Bay Dr.

What schools are nearby to 1920 Bay Dr?

Nearby schools include the Treasure Island Elementary School, Nautilus Middle School, and Miami Beach High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 1920 Bay Dr.

What are the annual taxes for 1920 Bay Dr?

Annual taxes for this single-family home are estimated at $11,961.

How does 1920 Bay Dr compare to other single-family homes in Isle of Normandy Miami View?

This single-family home is listed 191% above the average price for single-family homes in Isle of Normandy Miami View and has been on the market for 208 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,684 sqft.

1920 Bay Dr is a 4-bedroom, 4-bath single-family home for sale in Miami Beach FL 33141. Available on Prevu for 5 days at $5,500,000. This residence features 2,684 square feet of living space, located in Isle of Normandy Miami View. The median listing price for single-family homes in this area is $750,000. Nearby schools include Treasure Island Elementary School, Nautilus Middle School, and Miami Beach High School. The home offers private outdoor space, air conditioning, parking, and swimming pool. View other single-family home listings in Miami Beach.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.