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1398 Bay Dr, Miami Beach FL 33141

House For Sale
$12,000,000

BTC: 186.94614284

ETH: 6,806.81134922

138 days
Waterfront
5 bds
5 ba
4,115 sqft

Overview

Welcome to this spectacular 5 bedroom, 5 1/2 bathroom private tropical oasis on over 65 feet of open Bay with a 45 foot dock. Live your best indoor/outdoor luxury lifestyle with French doors opening up to beautiful terraces throughout this renovated Mediterranean estate. This incredible home is perfect for entertaining with a gorgeous family room and wet bar overlooking the Bay as well as an incredible eat in chef's kitchen with 60" Wolf Duel Stove with French Top, 45" Subzero refrigerator/freezer, 36" Hoshizaki ice maker, Subzero wine refrigerator, Wolf warming drawer and stunning marble island. The Elan Smart Home is surrounded by 8 foot privacy wall, Hikvision cameras as well as mature lush foliage that creates a secluded dream home. Come see this one of a kind waterfront property. You do not want to miss it!

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1939
Lot:
10880 Square Feet
Heating:
Central / Electric
Price/sqft:
$2,916
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,650,000
$3.1M – $9.3M
Confidence Low
List vs. estimate
$7.3M above estimate
List $12,000,000 · +158.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,916
+170.6% vs. city median $1,077
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $440K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$22,558
2025
Pool
In Ground
View
Bay, Ocean
Waterfront
Ocean Access, No Fixed Bridges
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Terrazzo

    • Tile

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Ice Maker

    • Gas Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Cooking Island

    • Pantry

    • Walk-In Closet(s)

    • Family Room

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 5

  • Parking

    • Driveway

    Property

    • Exterior Features: Barbeque / Built-In Grill

    Lot

    • Lot: 10880 Square Feet

    Other Property Information

    • Parcel Number: 02-32-10-013-2200

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $22,558

  • Source details

    • MLS ID: A11958741

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Utility Room/Laundry

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features: Deck / Patio

    • Pool Features: In Ground

    • Window Features: Complete Impact Glass / Bay Window(s) / Impact Glass

    • Direction Faces: Northeast

    • Architectural Style: Detached / Two Story

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4115

    • Water Source: Municipal Water

    • Subdivision Name: OCEANSIDE SEC ISLE OF NOR

Private inquiry
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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: Compass Florida, LLC