1920 Bay Dr, Miami Beach, FL 33141

$5,500,000
List Price
$5,500,000
MLS#
A11519055
Status
ACTIVE
Type
Commercial

Property Description

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.

Additional Information

Days on Market
336
Tax Amount
$10,879
Water Access
Private Dock, Private Dock
Parcel Number
02-32-10-002-1250
Lot Size
8,850
Directions
GPS
Address
1920 Bay Dr, Miami Beach
Development Name
Isle Of Normandy Miami Vi
Development
Isle Of Normandy Miami Vi
Section
10

Listing Courtesy of Douglas Elliman, Contact: info@miamisrealestate.com