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1920 Bay Dr

Miami Beach, FL 33141 · Miami-Dade County

$5,500,000
1920 Bay Dr, Miami Beach
Price
$5,500,000
Bedrooms
4
Bathrooms
4
Living area
2,684 sq ft
Year built
1,951
Days on market
1
Type
Single Family Residence
Waterfront
Yes
Photos
35
MLS #
A12111786

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.

Courtesy of Compass Florida, LLC / Andrew Rotondaro · MLS # A12111786

Michael Travin
Michael Travin, Licensed Real Estate Broker, License #3478835, Coldwell Banker Realty, Miami Beach
For this property, or any home in Miami, speak directly with the broker.
Contact the Broker
Cell 212-933-0700 · [email protected]