1398 Bay Dr

Miami Beach, FL 33141

$12,000,000

$2,916/ft²

5Beds

5.5Baths

4,115Sq ft

1939Year built

Single-family homeType

About this home

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!

Features

Waterfront

Property details

Listing

MLS #: A11958741
Status: For sale
Listed on: Feb 4, 2026
Days on market: 186 days
Listing data updated: May 4, 2026

Interior

Beds: 5
Baths: 5.5
Living area: 4,115 ft²
Price per ft²: $2,916/ft²

Building & community

Type: Single-family home
Year built: 1939
County: Miami-Dade

Lot & exterior

Lot size: 10,880 ft²
Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $60,679
Property taxes (est.): $11,000
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$72,279*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?