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4 Beds
4 Baths
2,684 sqft

$5,500,000

1920 Bay, Miami Beach FL, 33141

Price per sqft$2,049.18
Built in1951
Property size2,684 sqft
Property typeResidential
Courtesy of Andrew Rotondaro with Compass Florida, LLC

Overview

Active

Listed Oct 26, 2026

Updated 33h ago

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.

$36,592/mo

Est. mortgage payment based on a $5,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A12111786

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.2 Acres

Other Property Details

Taxes
$11,961
Tax Frequency
Annually
View
Yes
Pool
Yes
Waterfront
Yes
55+/Senior Community
Yes
MLS provider logo

Courtesy of Compass Florida, LLC, Andrew Rotondaro,
Listing Contact: 917-696-7141 

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/28/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Martin County REALTORS of the Treasure Coast, Inc. All rights reserved.

Data last updated 3:39 PM UTC, 10/28/2026

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