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9940 W Bay Harbor Dr, Bay Harbor Islands FL 33154

Condo/Co-op For Sale
$1,999,999

BTC: 24.69134568

ETH: 822.36800987

116 days
Waterfront
3 bds
3 ba
1,834 sqft

Overview

PENTHOUSE CORNER RESIDENCE AT KAI — BAY HARBOR ISLANDS Rarely available penthouse corner unit in one of Bay Harbor’s most sought-after boutique buildings. This 3-bed/3-bath residence offers 1,834 SF of turnkey living with sweeping panoramic views of Biscayne Bay, the Intracoastal, and the Miami skyline. West-facing exposure frames spectacular sunsets every evening, and the oversized corner layout fills every room with natural light. Offered fully furnished — just bring your toothbrush. Features include a chef’s kitchen with premium appliances, walk-in closets, wood floors throughout, impact doors, and two assigned parking spaces. KAI delivers resort-style living: heated pool, spa, rooftop BBQ terrace with bay views, fitness center, bike storage, business center, and 24/7 lobby attendant. Pet friendly. Walk to the beach and Bal Harbour Shops, with Aventura, Sunny Isles, and Miami Beach minutes away. Served by highly rated Miami-Dade public schools. Investors: rent-ready from day one, with an estimated rental value of $9,000/month. A true penthouse at one of Bay Harbor’s most exclusive addresses.

Location

Florida • Bay Harbor Islands • 33154 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
Assigned
Year Built:
2016
Lot:
No Data
Heating:
Central
Price/sqft:
$1,091
Cooling:
Central Air
HOA:
$2,746

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,495,000
$1.2M – $1.8M
Confidence Low
List vs. estimate
$504K above estimate
List $1,999,999 · +33.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,090
+83.1% vs. city median $595
Based on
19 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $754K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$25,891
2025
HOA
$2,746/mo
View
Bay, Canal
Waterfront
Canal Front, No Fixed Bridges
Garage
2 car garage
All facts and features

  • Flooring

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Closet Cabinetry

    • Elevator

    • Fire Sprinklers

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Assigned

    Property

    • Exterior Features: East Of Us1

    Other Property Information

    • Parcel Number: 13-22-27-116-0540

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $2,746

    • HOA Frequency: Monthly

    • Annual tax amount: $25,891

  • Source details

    • MLS ID: A12044162

    Other facts

    • Construction Materials: CBS Construction

    • Direction Faces: West

    • Architectural Style: Corner Unit / Penthouse

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 1834

    • Subdivision Name: KAI AT BAY HARBOR CONDO

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
33154
182
median $1.6M
Active
Same city
Bay Harbor Islands
86
median $969K
Active
Same type
Condo/Co-op
72
median $809K
Active
Similar price
$1.4M – $2.6M
15
median $2.1M
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