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1920 Bay Dr, Miami Beach, FL 33141

$5,500,000
: 4
BD
: 4
BA
: 2,684
SqFt

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List Price: $5,500,000
MLS#: A12111786
Bedrooms: 4
Bathrooms: 4
Sq. Ft: 2,684
Lot Size: 8,850
Subtype: Single Family Residence
County: Miami-Dade
Community: Isle Of Normandy Miami Vi
Subdivision: Isle Of Normandy Miami Vi
Year Built: 1951

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Property Description

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.

954-557-5993

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Additional Information

Front Exposure: West
Status Label: ACTIVE
Boat Service: Boatlift, Deeded Dock, Dock Available
Construction: CBS Construction, Frame With Stucco
Cooling: Central Air
Flooring: Tile
Heating: Other
Lot Description: Less Than 1/4 Acre Lot
Parking: Driveway
Roof: Shingle
Bedroom Description: At Least 1 Bedroom Ground Level
Taxes: $11,961
View: Bay
Waterfront: Yes
Roofing: Shingle
Price Per Sqft: $2,049
Boat Services: Boatlift, Deeded Dock, Dock Available