1920 Bay Dr, Miami Beach FL 33141

MLS #A12111786

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Active Add
$5,500,000
4
Bedrooms
4.0
Bathrooms
2,684 sq ft
Living Area
8,850 sq ft
Lot Size

Property Details

Type Residential
Style Single Family Residence
Bedrooms 4
Bathrooms 4
Half Baths 0
Living Area 2,684 sq ft
Pets Allowed No
Taxes $11,961
Maintenance Fee $0
Price $5,500,000
Status Active
Lot Size 8,850 sq ft
Year Built 1951
Waterfront Yes
Pool Yes
Subdivision ISLE OF NORMANDY MIAMI VI
Days on Market 19

Additional Information

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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Michael Light

Michael Light

Broker Associate
The Light Group Douglas Elliman

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