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For sale

1930 Bay Dr

Miami Beach, FL 33141

$3,550,000

$1,392/ft²

3Beds
3.5Baths
2,551Sq ft
2024Year built
CondoType

About this home

Welcome to one of Miami beach's most exclusive waterfront addresses; an exceptionally rare full-floor bayfront residence, with only four private residences in the entire building. Crafted by renowned Sabal Luxury Builder, this newly constructed architectural masterpiece offers an unparalleled level of privacy, prestige, and waterfront living rarely available in today’s market. Positioned directly on Biscayne Bay, this trophy residence captures breathtaking panoramic views of the Downtown Miami skyline, Miami Beach, and endless open water vistas. Arrive via your private elevator & step into 2,551 SFT of impeccably curated living space, where floor-to-ceiling glass walls frame the surrounding waterfront. An integrated smart-home sound system, electric window treatments create an effortless blend of sophistication and comfort. Designed for those who appreciate seamless indoor-outdoor living, the residence opens to an extraordinary 1,800 SFT private waterfront terrace, an irreplaceable entertaining venue with front row seats to Miami’s legendary sunsets. The chef's Italian kitchen showcases premium appliances, an oversized gathering island, and elegant custom cabinetry, while every bedroom serves as a private retreat featuring its own en-suite bath and secluded terrace. Boutique luxury amenities include a state-of-the-art fitness center, jacuzzi, secure covered parking. Ideally located on Normandy Isles, just moments from Bal Harbour Shops, private clubs, & world class dining!!

Features

  • Waterfront

Property details

Listing

MLS #
A12036006
Status
For sale
Listed on
Jun 18, 2026
Days on market
52 days
Listing data updated
Jul 22, 2026

Interior

Beds
3
Baths
3.5
Living area
2,551 ft²
Price per ft²
$1,392/ft²
Unit
PH1

Building & community

Type
Condo
Year built
2024
HOA fee
$2,440/mo
County
Miami-Dade

Lot & exterior

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)
$17,951
Property taxes (est.)
$3,254
Home insurance (est.)
$600
Flood insurance (est.)
HOA fee
$2,440

Estimated total$24,245*/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?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?

Location

Mortgage calculator

$17,951/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.

Equal Housing Opportunity

This listing is courtesy of Keller Williams Capital Realty.

Ricky Kallabat · 305-747-5117 · richardk@kw.com · 305-662-7325

Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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