1920 Bay Drive, Miami Beach, Florida 33141 USA

$5,500,000  Single Family MLS® A12111786

Property Details

  • Beds
    4
  • Baths
    4
  • Living Area
    2,684
  • HOA Fees
    $0
  • Year Built
    1951
  • Waterfront
    YES
  • Subdivision
    ISLE OF NORMANDY MIAMI VI
  • Community
    ISLE OF NORMANDY MIAMI VI

About this Property

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.

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Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Compass Florida, LLC.

Property Details

  • $5,500,000
  • Beds
    4
  • Baths
    4
  • Living Area
    2,684
  • HOA Fees
    $0
  • Year Built
    1951
  • Waterfront
    YES
  • Subdivision
    ISLE OF NORMANDY MIAMI VI
  • Community
    ISLE OF NORMANDY MIAMI VI
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