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1920 Bay Dr, Miami Beach FL 33141

Commercial For Sale
$5,500,000

BTC: 85.93750000

ETH: 2,890.72026237

67 days
Waterfront
0 room(s)

Overview

1920 Bay Dr in Miami Beach is a prime, high-end residential property featuring breathtaking, unobstructed panoramic views of the wide bay and downtown Miami skyline. Build you dream oversized room, or Boutique Condo Building. Located in a sought-after area, this property offers a rare opportunity for luxury waterfront living, sometimes featured as a high-value listing in Miami Beach, FL.

Location

Florida • Miami Beach • 33141 • Commercial • For Sale • Waterfront

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.20 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,492,500
$946K – $7.8M
Confidence Low
List vs. estimate
$2.0M above estimate
List $5,500,000 · +57.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $318K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$100,000
2026
Waterfront
Yes
All facts and features

  • Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 02-32-10-002-1250

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Sewer Connected

    • None

  • Other financial information

    • Annual tax amount: $100,000

  • Source details

    • MLS ID: A12015615

    Other facts

    • Lot Features: Beach Area / Less Than 1 Acre

    • Waterfront: Yes

    • Water Source: Other

    • Lot Size Dimensions: 52x170

    • Subdivision Name: ISLE OF NORMANDY MIAMI VI

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33141
633
median $595K
Active
Same city
Miami Beach
2,474
median $629K
Active
Same type
Commercial
158
median $1.8M
Active
Similar price
$3.8M – $7.2M
164
median $5.0M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc