9 months on rocket

1920 Bay Dr, Miami Beach, FL, 33141

$5,500,000

0.20 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontBay Front
ViewBay, Water
MLS #A11519055
Lot Size0.20 Acres
StatusActive

About 1920 Bay Dr

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.

Property Details

Property Features

Listing Office:

  • Office Name: Douglas Elliman
  • Office Email: info@miamisrealestate.com
  • Listing Agent: David Nguah

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay, Water
  • Exterior: Storm/Security Shutters

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • Treasure Island Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000

Tax Information:

  • Annual Amount: $10,743
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

1920 Bay Dr vs Miami Beach

287 DAYS ON ROCKET

+186 Days

$5,500,000

+$4.8M More

KEY TAKEAWAY

This property is $4.8M more than the Median Sold Price in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11519055

Listing Office:

  • Office Name: Douglas Elliman
  • Office Email: info@miamisrealestate.com
  • Listing Agent: David Nguah

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$10,743$595,704
2018$9,973$571,454
2017$9,881$559,701

History based on county public records data.

Payment Calculator

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1814062
7
/10
  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 0.48 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1814063
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.35 miles

  • Public District Grades 6-8

High School

school-card-donut-1814064
6
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 3.50 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,935. Most Miami Beach, FL residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1920 Bay Dr

What is the listing price of this property?

The listing price of 1920 Bay Dr property is $5,500,000.

What type of property is this?

The property 1920 Bay Dr is land located in Miami Beach, Florida, 33141.

Is this property for sale now?

Active Listing: 1920 Bay Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1920 Bay Dr are:
Treasure Island Elementary School: GreatSchools Rating 7/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,743 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1920 Bay Dr is 0.20 acres.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach331411920 Bay Dr

This home is located at 1920 Bay Dr in Miami Beach, FL and zip code 33141 in the Normandy Isle neighborhood. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since January 23, 2024 and is currently priced at $5,500,000.

Miami Beach, FL housing market in October 2024 saw over 6 listings sold above listed price, more than 9 sold at listed price and over 77 sold below. In October 2024 in Miami Beach, FL there were 15.1% more homes for sale than in September 2024. In October 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $604,583.

From Rocket Homes Real Estate and based on county public records data.

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