Photo 1 of 10
$4,150,000
$1,584/sqft Listed 1 day ago
5386 Alton Road, Miami Beach, FLListing courtesy of One Sotheby's International Realty
For sale
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Photo courtesy of Beaches MLS
House · Miami Beach
$5,500,000
1920 Bay Drive, Miami Beach, FL
Listing courtesy of Compass Florida, LLC
About this home
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.
- Area
- Miami Beach
- MLS #
- A12111786
- Listing agent
- Andrew J Rotondaro
- Living area (m²)
- 249 m²
- Price per m²
- $22,055
- Property tax (per year)
- $11,961 (2026)
- Year built
- 1951
- Floors in the building
- 2
- Parking
- Garage: 2
- Waterfront
- Yes
- Private pool
- Yes
- Flooring
- Tile
- View
- Bay
- Listed
- October 26, 2026
- Days on market
- 4
Interior features
- Main Level Primary
Exterior features
- Outdoor Living Area
Parking features
- Driveway
Location
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Listing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice.
Last updated October 30, 2026, 6:29 pm
$5,500,000
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