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9940 W Bay Harbor Dr, Bay Harbor Islands FL 33154

Condo/Co-op Recently Sold
$1,860,000

BTC: 22.86135693

ETH: 764.80263158

Sold on: 2026-09-25
50 days
Waterfront
3 bds
3 ba
1,882 sqft

Overview

Welcome to the crown jewel of KAI — a stunning 7th-floor penthouse corner residence offering the rarest combination in Bay Harbor Islands: spectacular Southwest-facing panoramic views of Biscayne Bay, the Intracoastal, and the canal, with a boat slip available for purchase. This expansive 3-bed/3-bath residence spans 1,882 SF with an open, airy layout flooded with natural light. Beautifully appointed throughout — MiaCucina cabinetry, quartz countertops, Bosch appliances, marble baths with dual sinks, walk-in closets, impact glass, and elegant tile floors. In-unit washer/dryer. Two side-by-side assigned garage spaces. KAI is a boutique 7-story building designed by Arquitectonica featuring a rooftop infinity-edge pool, spa, BBQ terrace, fitness center, 24-hour concierge, and marina. Pet friendly. Steps to the beach, Bal Harbour Shops, top restaurants, and A+ rated Ruth K. Broad K-8 Center. Easy access to Aventura, Sunny Isles, and Miami Beach. Unfurnished and move-in ready. A rare opportunity — penthouse views, two side-by-side parking spaces, boat slip available, and turnkey luxury all in one address.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Limited # Of Vehicle / No Rv/Boats
Year Built:
2016
Lot:
No Data
Heating:
Central
Price/sqft:
$1,168
Cooling:
Central Air
HOA:
$2,814

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,520,000
$1.3M – $2.0M
Confidence Low
List vs. estimate
$679K above estimate
List $2,199,000 · +44.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,168
+116.6% vs. city median $539
Based on
17 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
$24,933
2025
HOA
$2,814/mo
View
Canal, Intracoastal View
Waterfront
Canal Front, No Fixed Bridges
Garage
2 car garage
All facts and features
  • 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

    • 2 Or More Spaces

    • Limited # Of Vehicle

    • No Rv/Boats

    Property

    • Exterior Features: East Of Us1

    Other Property Information

    • Parcel Number: 13-22-27-116-0520

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $2,814

    • HOA Frequency: Monthly

    • Annual tax amount: $24,933

  • Source details

    • MLS ID: A12048965

    Other facts

    • Construction Materials: CBS Construction

    • Window Features: Complete Impact Glass

    • Architectural Style: Corner Unit / Penthouse

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 1882

    • 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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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