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1920 Bay Drive, Miami Beach, FL 33141
Active
4 Days on Market
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How this price compares

List price
$5,500,000
Price per sq ft
$2,049
Vs. nearby sales
In line
Days on market
4

This 4-bedroom single-family home in Isle Of Normandy Miami Vi is listed at $5,500,000, or $2,049 per square foot. It has been on the market for 4 days. 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 is 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
4 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 #
A12111786
Property Tax
$11,961 (2026)
Subdivision
ISLE OF NORMANDY MIAMI VI
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

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.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
1951
Property Condition
Resale
Number of Stories
2
Levels
Two
Garage Spaces
2
Parking
Driveway
Direction Faces
West
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

Cooling
Central Air
Heating
Other
Flooring
Tile
Interior Features
Main Level Primary
Total Rooms
1

Exterior Features

Construction
CBS Concrete Block Structure / Block / Frame / Stucco
Roof
Shingle
Exterior Features
Outdoor Living Area
Private Pool
Yes
Pool Features
In Ground
Patio & Porch
Deck
Waterfront
Yes
Waterfront Features
Bayfront / Ocean Access / Ocean Front
Frontage
Waterfront
Frontage Length
60.00 ft
View
Bay

Community & HOA

Association Amenities
Other
55+ Community
Yes
Financing Terms
Cash / Cryptocurrency / Owner Will Carry / Other
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
15
Median List Price
$1,430,000
Median $/Sq Ft
$492
Avg Days on Market
208
View all 15 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 Active, and has been on the market 4 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 November 14, 2026.

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Listed by Andrew J Rotondaro, Compass Florida, LLC

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