by RH Advisors

Check Availability
$5,500,000
House - For Sale

1920 Bay Dr

Miami Beach, FL 33141
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3427 Sqft
$27,913
Estimated Monthly
$0
HOA / Fees
2.42%
Cap Rate

About This Property

Presenting a rare chance to acquire a wide bay single-family home with breathtaking wide bay views. 8,850 SQ FT ft lot featuring 52 feet of water frontage on the wide bay, with downtown views. There are no fixed bridges to the ocean. ** Grandfathered Boat Dock Pilings** significantly enhance the value of this already attractive property. Offering RM-1 Zoning, perfect for a new condominium development project. The FAR of 1.25 permits up to 11,000+/- sq feet of living space, with a maximum height of 55 feet. The property is not historic, paving a path to creating something extraordinary. This is a prime residential development opportunity not to be missed.
Unit Size
3,427Ft²
Days on Market
100 days
Land Size
0.20 acres
Price per sqft
$1,605
Property Type
House
Property Taxes
$907
HOA Dues
-
Year Built
1951
Last updated: 4 months ago (Miami MLS #A11517733)

Price History

Date / Event Date Event Price
Jan 22, 2024 Listed by Douglas Elliman $5,500,000
Listed by Douglas Elliman
Presenting a rare chance to acquire a wide bay single-family home with breathtaking wide bay views. 8,850 SQ FT ft lot featuring 52 feet of water frontage on the wide bay, with downtown views. There are no fixed bridges to the ocean. ** Grandfathered Boat Dock Pilings** significantly enhance the value of this already attractive property. Offering RM-1 Zoning, perfect for a new condominium development project. The FAR of 1.25 permits up to 11,000+/- sq feet of living space, with a maximum…

Property Highlights

Parking Available
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Covered
Garage Spaces: 1
Covered Parking Spaces: 1
Interior Details

Bathroom Information

Full Bathrooms: 4

Bedroom Information

Bedrooms: 4
Bedroom Features: Other

Interior Information

Interior Features: Other, Walk-In Closet(s), Wet Bar
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Flooring Type: Marble, Tile, Wood

Room Information

Living Room Features: Other

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
3,674 ft²
$1,198/ft²
$4,400,000 Mar 24, 2023
$4,400,000 Oct 13, 2023
$1,540/mo
House
4 Beds
3 Baths
2,986 ft²
$1,708/ft²
$5,100,000 Aug 16, 2023
$5,100,000 Sep 29, 2023
$2,213/mo
House
4 Beds
4 Baths
3,980 ft²
$1,193/ft²
$4,750,000 Oct 20, 2023
$4,750,000 Jan 9, 2024
$3,248/mo
Condo
4 Beds
4 Baths
2,844 ft²
$1,424/ft²
$4,050,000 Oct 23, 2023
$4,050,000 Dec 13, 2023
$5,161/mo
House
5 Beds
5 Baths
3,961 ft²
$1,500/ft²
$5,940,000 Sep 19, 2023
$5,940,000 Jan 9, 2024
$1,277/mo
House
3 Beds
2 Baths
1,816 ft²
$2,643/ft²
$4,800,000 Oct 18, 2023
$4,800,000 Dec 18, 2023
$3,425/mo
House
4 Beds
5 Baths
3,245 ft²
$1,525/ft²
$4,950,000 Oct 13, 2023
-
$2,208/mo
House
4 Beds
4 Baths
3,450 ft²
$1,447/ft²
$4,993,000 Nov 13, 2023
-
$3,301/mo
House
4 Beds
5 Baths
3,016 ft²
$1,558/ft²
$4,700,000 Sep 22, 2023
-
$2,844/mo
House
4 Beds
5 Baths
3,839 ft²
$1,550/ft²
$5,950,000 Jun 29, 2023
-
$7,146/mo
House
4 Beds
4 Baths
2,380 ft²
$2,038/ft²
$4,850,000 Nov 17, 2022
-
$1,667/mo
House
5 Beds
6 Baths
3,900 ft²
$1,231/ft²
$4,800,000 Jul 25, 2023
-
$1,528/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1920 Bay Drive 1920 Bay Drive, Miami Beach, FL 33141
  • 1 Unit for Sale
More about this Building
1920 Bay Drive
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About Normandy Isles


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