1920 Bay Dr
Sold

1920 Bay Dr

1920 Bay Dr, Miami Beach, FL 33141

$4,700,000
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.

8,850 Sq.Ft. lot

Features & Amenities

Area & Lot

  • Status Sold
  • Date Sold March 14, 2025
  • Lot Area8,850 Sq.Ft.
  • MLS® IDA11519055
  • TypeCommercial
  • View DescriptionBay View, Other Water View

Exterior

  • water SourceMunicipal Water
  • utilitiesCable Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Removal, Water Available
  • lot featuresNear School, Less Than 1 Acre
  • sewerOther

Financial

  • Sales Price$4,700,000
  • Real Estate Tax $10,879/yr
  • Zoning 3900
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Work With Johnathan Shirey, P.A.

Acquiring within a premier new development requires more than access to inventory. It requires comparative insight, disciplined selection, and a strategy aligned with both lifestyle and long-term goals. I provide private buyer advisory for leading waterfront, branded, and luxury new-construction opportunities across Naples and select South Florida markets.

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