$3,999,000list price
Price cut$701,000
4 bd · 2 ba · 2,829 sq ft House
1525 CALAIS DR, MIAMI BEACH, FL 33141
Listing courtesy of Cervera Real Estate Inc.. MLS# A12065827.On the MLS · Listed Aug 3
$5,500,000
1920 BAY DR, MIAMI BEACH, FL 33141
4 beds4 baths2,684 sq ftHouseBuilt 1951
Updated today, November 3, 2026This home against Normandie Sud
$2,049 per sq ft, 349% over the Normandie Sud median
10 days on the market
$11,961 in property taxes (2026)
8,712 sq ft lot
Private pool
Waterfront
2 car garage
Normandie Sud today: 80 homes for sale, median list price $709,500.
About this home
Rare wide open bay waterfront development or redevelopment opportunity in Miami Beach. Situated on an expansive 8,850 SF lot with direct Biscayne Bay frontage, 1920 Bay Drive offers breathtaking, unobstructed panoramic views of the wide bay and Downtown Miami skyline. The views are unmatched at this price-point. Located in the desirable Normandy Isles neighborhood, this exceptional property presents an opportunity to redevelop a luxury waterfront estate or create a boutique condominium project. Featuring RM-1 zoning, a 1.25 FAR allowing approximately 11,000 SF of buildable floor area, and a potential building height of up to 55 feet, the property offers tremendous development possibilities. Enjoy direct ocean access with no fixed bridges and existing grandfathered dock pilings for a boaters paradise. A very rare opportunity to create a landmark waterfront residence or exclusive boutique development in one of Miami Beach's hottest residential neighborhoods.
Zoned schools
Elementary: Treasure Island Elementary School
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Normandy Isle Park & Pool, 0.1 mi
Grocery: Tropical Supermarket, 0.6 mi
Distances from the center of Normandie Sud, MIAMI BEACH.
Listing courtesy of Compass Florida, LLC. MLS# A12111786.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed October 24, 2026.
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