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1920 Bay Drive, Miami Beach, FL 33141
Under Contract
130 Days on Market
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How this price compares

Asking price
$5,500,000
Price per sq ft
$2,049
Vs. nearby sales
In line
Days on market
130

This 4-bedroom single-family home in Isle Of Normandy Miami Vi went under contract with an asking price of $5,500,000, or $2,049 per square foot. It spent 130 days on the market before going under contract. The 3 most recent single-family home sales in the closings shown below sold at a median of $2,006 per square foot, so the asking price was in line with what comparable homes here actually sold for.

4
Bedrooms
4
Bathrooms
2,684
Living Sq Ft
1951
Year Built

Estimated monthly payment

$28,905 /mo

Principal and interest only, based on $1,100,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$5,500,000
Days on Site
130 Days
Bedrooms
4
Total Baths
4
Full Baths
4
Partial Baths
0
Living Area
2,684 sqft
Total Sq Ft
4,487 sqft
Lot Size
0.2 Acres
Year Built
1951
Property Type
Single Family
MLS #
A12001806
Property Tax
$11,961 (2025)
Subdivision
ISLE OF NORMANDY MIAMI VI
County
Miami Dade
Status
Under Contract
Special Conditions
Listed As Is

About This Property

A Rare Wide Bay Waterfront Property and opportunity to acquire a prime waterfront, unobstructed, panoramic bay and downtown Miami skyline views. Situated on an 8,850 SF lot this property offers the ultimate Miami waterfront lifestyle — with no fixed bridges to the ocean for seamless boating access. Existing grandfathered boat dock pilings significantly enhance the property’s value.Offering RM-1 zoning, this site presents compelling redevelopment potential. With an allowable 1.25 FAR, the property supports approximately 12,000+/- square feet of buildable living area, with a maximum height of 55 feet. The property is non-historic, providing flexibility and a clear path toward creating a landmark waterfront estate or boutique condominium development.Whether envisioned as a trophy single-family compound or a luxury residential project, this is a premier development opportunity in one of the most desirable waterfront corridors.

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General Features

Property Type
Single Family
Status
Under Contract
Year Built
1951
Property Condition
Resale
Number of Stories
3
Levels
Two / Three Or More
Garage Spaces
4
Parking
Driveway
Direction Faces
Southwest
Lot Size (Acres)
0.2
Living Sq Ft
2,684
Total Sq Ft
4,487
Sewer
Public Sewer
Water Source
Public
Zoning
3900

Interior Features

Appliances
Ice Maker
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile
Interior Features
Main Level Primary
Total Rooms
1

Exterior Features

Construction
Block
Roof
Flat / Tile
Exterior Features
Outdoor Living Area
Private Pool
Yes
Pool Features
Concrete
Patio & Porch
Deck
Waterfront
Yes
Waterfront Features
Bayfront
Frontage
Waterfront
Frontage Length
60.00 ft
View
Bay / Ocean

Community & HOA

Association Amenities
Boating
Community Features
Boat Facilities
55+ Community
Yes
Financing Terms
Cash
Restrictions
No Restrictions
MLS Area
2320

Schools

Elementary School
Treasure Island
Middle School
Miami Beach Nautilus
High School
Miami Beach

Isle Of Normandy Miami Vi is a waterfront community in Miami Beach, Miami-Dade County, Florida. Active listings are priced from $725,000 to $6,900,000. Homes were built between 1939 and 2023. Pure Equity lists homes in Isle Of Normandy Miami and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
21
Median List Price
$1,390,000
Median $/Sq Ft
$513
Avg Days on Market
197
View all 21 homes for sale in Isle Of Normandy Miami →
How do I schedule a tour of 1920 Bay Drive, Miami Beach, FL 33141?
Use the Tour button on this listing to request a showing of 1920 Bay Drive, Miami Beach, FL 33141. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1920 Bay Drive, Miami Beach, FL 33141 still available?
1920 Bay Drive, Miami Beach, FL 33141 is currently listed as Under Contract, and has been on the market 130 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1920 Bay Drive, Miami Beach, FL 33141?
With 20% down ($1,100,000) on the $5,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1920 Bay Drive, Miami Beach, FL 33141 is about $28,905/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1920 Bay Drive, Miami Beach, FL 33141?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1920 Bay Drive, Miami Beach, FL 33141. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 1920 Bay Drive, Miami Beach, FL 33141?
1920 Bay Drive, Miami Beach, FL 33141 is zoned for Treasure Island (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1920 Bay Drive, Miami Beach, FL 33141?
Often, yes. The right offer on 1920 Bay Drive, Miami Beach, FL 33141 depends on how it's priced against comparable single family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Compass Florida, LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

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Listed by Andrew J Rotondaro, Compass Florida, LLC

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