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Slice RealtyPropiedad Futura

$12,000,000

5 bd · 6 ba · 4,115 sq ft · Single Family Residence

1398 Bay Dr, Miami Beach FL 33141

For Sale · Active listing

Est. payment $66,468/mo · Mortgage calculator

Listed by Compass Florida, LLC / Audrey Ross

Contact: 305-661-4003 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

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!

Facts
MLS #
A11958741
Subdivision
OCEANSIDE SEC ISLE OF NOR
Property type
Residential
Property subtype
Single Family Residence
Sq. ft.
4,115
Price per sq. ft.
$2,916 / sq ft
Year built
1939
Days on market
122
County
Miami-Dade County
Date listed
Feb 4, 2026
Last updated
May 4, 2026
Financial considerations
Taxes
$22,558 (2025)
Exterior features
Waterfront
Yes
View
Bay, Ocean, Water
Construction
CBS Construction
Roof
Barrel Roof
Additional features
Barbeque, Built-In Grill
Interior features
Furnished
Unfurnished
Heating
Central, Electric
Cooling
Central Air, Electric
Appliances
Dishwasher, Dryer, Ice Maker, Gas Range, Refrigerator, Washer
Window features
Complete Impact Glass, Bay Window(s), Impact Glass
Additional features
First Floor Entry, Built-in Features, Cooking Island, Pantry, Walk-In Closet(s), Family Room, Utility Room/Laundry
Additional features
Pets allowed
Yes
Security
Fire Alarm, Smoke Detector
Community
None

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-15). Estimate only.

Loan amount$9,600,000
Total cost of mortgage$23,928,646
Monthly payment$66,468

Local context (our analysis)

1,887 homes and condos are listed for sale in Miami Beach, at a median list price of $649,000 and $705 per sq ft. This home asks $2,916 per sq ft.

6 active listings at Oceanside Sec Isle Of Nor

Miami Beach market stats and buildings

Source: Southeast Florida MLS (SEFMLS). Last updated May 4, 2026, 2:21 AM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.