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For Sale
Single Family Residence
Waterfront

$12,000,000

1398 Bay Dr, Miami Beach FL 33141

5

Bedrooms

6

Bathrooms

4,115

Sq Ft

About This Property

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!

Property Details

MLS #:A11958741
Price:$12,000,000
Status:For Sale
Days on Market:122
Date Listed:Feb 4, 2026
Bedrooms:5
Total Bathrooms:6
Full Bathrooms:5
Half Bathrooms:1
Living Area:4115 sqft
Building Area:6642 sqft
Lot Size:10880 sqft
Price per Sqft:$2,916/sqft
Year Built:1939
Property Type:Residential
Property Sub Type:Single Family Residence

Bedrooms:5
Full Bathrooms:5
Half Bathrooms:1
Heating:Central, Electric
Cooling:Central Air, Electric
Appliances:Dishwasher, Dryer, Ice Maker, Gas Range, Refrigerator, Washer
Flooring:Terrazzo, Tile, Wood
Interior Features:First Floor Entry, Built-in Features, Cooking Island, Pantry, Walk-In Closet(s), Family Room, Utility Room/Laundry
Window Features:Complete Impact Glass, Bay Window(s), Impact Glass
Security Features:Fire Alarm, Smoke Detector
Laundry:Utility Room/Laundry
Virtual Tour:Available

Architectural Style:Detached, Two Story
Construction Materials:CBS Construction
Structure Type:House
Roof:Barrel Roof
Exterior Features:Barbeque, Built-In Grill
Patio/Porch:Deck, Patio
Fencing:Fenced
Lot Features:1/4 To Less Than 1/2 Acre Lot
Lot Size:10880 sqft
Pool:In Ground
Waterfront:Yes – Ocean Access, No Fixed Bridges
View:Bay, Ocean, Water
Sewer:Public Sewer
Water Source:Municipal Water

Parking Features:Driveway
Garage Spaces:2
Covered Spaces:2
Attached Garage:Yes

HOA:Yes
Community Features:None
Pets Allowed:Yes

Area/Region:Oceanside Sec Isle Of Nor
Direction Faces:Northeast
Elementary School:Treasure Island
Middle School:Nautilus
High School:Miami Beach
Zoning:0100

Price per Sqft:$2,916/sqft
Annual Tax Amount:$22,558
Tax Year:2025
Listing Terms:All Cash, Conventional
Possession:Funding
Parcel Number:02-32-10-013-2200
Legal Description:OCEAN SIDE SEC ISLE OF NORMANDY PB 25-60 LOT 1 BLK 14 LOT SIZE 64.000 X 170 COC 24086-0698 12 2005 1

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Estimated Monthly Payment

$72,558/mo

Principal & Interest$60,679
Property Tax$1,880
Insurance$10,000
Down Payment20% ($2,400,000)
Loan Amount$9,600,000
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REsource

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Listing courtesy of Compass Florida, LLC. Data last updated May 4, 2026 at 06:21 AM.