1920 Bay Dr, Miami Beach, FL 33141

$5,500,000 Asking Price

4 beds
4 baths
3,427  sqft
Built in 1951

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.

Features & Amenities

Interior

General:
Other, Walk-In Closet(s), Wet Bar
Appliances:
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Flooring:
Marble, Tile, Wood
A/C:
true, Ceiling Fan(s), Central Air
Heating:
true, Central

Exterior

General:
Other
Style:
Detached, Two Story
Pool:
In Ground
Parking:
Covered

Construction

Roofing:
Barrel Roof
Windows:
Clear Impact Glass
General:
CBS Construction

Location

Originating MLS:
Miami Association of REALTORS®
County:
Miami-Dade County

Lot

Zoning:
3900, ISLE OF NORMANDY MIAMI VIEW SEC PART 1 PB 34-80 LOT 20 BLK 39 LOT SIZE 52.060 X 170 OR 18915-3183 11 1999 1, 02-32-10-002-1250
View:
Bay, Water

Utilities

Water:
Municipal Water
Sewer:
Public Sewer

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
Douglas Elliman, David Nguah

About Miami Beach, FL

Housing

Number of Units
82,069
Median Home Value
$619,013
Median Rent
$1,460

57.93% of housing units are renter occupied.

32.52% are vacant.

Commute

Car
44.34%
Public Transportation
5.99%
Walk to Work
6.35%
Work from Home
37.44%
Other
1.90%

The median travel time to work is 20 minutes.

People

Population
110,258
Median Age
43.20
Median Household Size
2.27

Education

High School
17.42%
Associate’s Degree
9.14%
Bachelor’s Degree
27.90%
Graduate Degree
24.27%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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