What is the asking price and what does it include?

The list price for 1123 Bay Dr, Miami Beach FL 33141 is $9,700. The property is a Single Family Residence with 5 bedrooms, 4 bathrooms, approximately 1948 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 1123 Bay Dr, Miami Beach FL 33141 in Miami Beach, 33141. Coordinates are approximately 25.8532597, -80.1300776. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami Beach — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 9,700 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 1123 Bay Dr, Miami Beach FL 33141.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

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Get Pre-Approved !

Home
Single Family Residence
1123 Bay Dr, Miami Beach FL 33141 | Miami-Dade County | A12004092

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1123 Bay Dr, Miami Beach FL 33141 | Miami-Dade County | A12004092

1123 Bay Dr, Miami Beach FL 33141

Residential Lease Active

$9,700

43 More

Type
Single Family Residence

5
Bedrooms

4
Bathrooms

0
Garage

1948 Square Feet
Area Size

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Residential Lease Active

1123 Bay Dr, Miami Beach FL 33141 | Miami-Dade County | A12004092

1123 Bay Dr, Miami Beach FL 33141

$9,700

Description

Spacious 1940 residence with pool features 4BR/3BA main house plus 1000 sq ft guesthouse: 1BR/1BA + den, on an oversized 10,000 sq ft lot. 31′ living room with vaulted ceilings and fireplace, separate Florida room and Library. Open modern chef’s kitchen with 42″ Sub-Zero fridge and Wolf stove. Master suite overlooking pool and patio, features huge walk-in closet, spa bathroom with Hans-Grohe fixtures. Oversized guest house with large living room, renovated eat-in-kitchen, bedroom, bathroom, and 2 closets … perfect for in-laws, grandparents, extended family, guests, office, gym, home business. PGT Impact windows, new roof, 3-Zone A/C, 2 storage areas, 10′ x 38′ lap pool, outdoor shower. Normandy Isle location on private cul-de-sac, yet steps to Normandy Fountain, restaurants, shops, and farmers’ market. Owner prefers long lease.

Address

Open on Google Maps

Address: Bay Dr
City: Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33141
Area: OCEANSIDE SEC ISLE OF NOR

Details

Updated on May 28, 2026 at 3:24 am

Property ID A12004092
Price $9,700
Property Size 1948 Square Feet
Bedrooms 5
Bathrooms 4
Garage 0
Year Built 1940
Type Single Family Residence
Property Status Residential Lease

Additional details

ArchitecturalStyle First Floor Entry
AvailabilityDate 2026-06-15
BathroomsFull 4
BathroomsHalf 0
BuildingAreaUnits Square Feet
BuildingName OCEANSIDE SEC ISLE OF NOR
CarportSpaces 0
CommunityFeatures Other Subdivision - See Remarks, Street Lights
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-04-20
Cooling Central Air, Electric
CoveredSpaces 0
DaysOnMarket 23
DirectionFaces South
Directions Normandy Drive OR 71st Street to Rue Notre Dame to Bay Drive
DoorFeatures High Impact Doors
ElementarySchool Treasure Island
EntryLevel 1
ExpirationDate 2026-08-20
Fencing Fenced
Flooring Terrazzo, Tile, Wood
Furnished Unfurnished
Heating Central, Electric
HighSchool Miami Beach
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LeaseAmountFrequency Monthly
LeaseConsideredYN 1
LeaseRenewalOptionYN 1
LeaseTerm 1 Year With Renewal Option
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-979-2233
ListingTerms Lease Option
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 10038
MLSAreaMajor Oceanside Sec Isle Of Nor
MajorChangeTimestamp May 27, 2026 at 08:54pm
MajorChangeType Back On Market
MiddleOrJuniorSchool Nautilus
MlsStatus Active
ModificationTimestamp May 27, 2026 at 08:54pm
OnMarketDate 2026-04-20
OriginalEntryTimestamp April 20, 2026 at 03:00pm
OriginalListPrice 9700
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherEquipment Natural Gas
OtherExpense 0
OtherStructures Extra Building/Shed, Guest House
ParcelNumber 02-32-10-013-2000
ParkingFeatures 2 Spaces, Guest
PatioAndPorchFeatures Deck
PetsAllowed Yes
PhotosChangeTimestamp April 20, 2026 at 03:19pm
PhotosCount 48
PoolFeatures In Ground, Fenced, Equipment Stays
PostalCode 33141
PostalCodePlus4 3624
PriceChangeTimestamp April 20, 2026 at 03:00pm
PropertyCondition Substantially Remodeled
PublicSurveyRange 32
PublicSurveySection 10
PublicSurveyTownship 32
Roof Curved/S-Tile Roof
Sewer Sewer
ShowingInstructions 24 Hour Notice, Pets On Premises, See Broker Remarks
SourceSystemKey 457076906
StateOrProvince FL
StatusChangeTimestamp May 27, 2026 at 08:54pm
Stories 1
StoriesTotal 1
StreetName Bay Dr
StreetNumber 1123
StreetNumberNumeric 1123
StructureType Single Family-Annual, House
SyndicationRemarks Spacious 1940 residence with pool features 4BR/3BA main house plus 1000 sq ft guesthouse: 1BR/1BA + den, on an oversized 10, 000 sq ft lot. 31' living room with vaulted ceilings and fireplace, separate Florida room and Library. Open modern chef's kitchen with 42" Sub-Zero fridge and Wolf stove. Master suite overlooking pool and patio, features huge walk-in closet, spa bathroom with Hans-Grohe fixtures. Oversized guest house with large living room, renovated eat-in-kitchen, bedroom, bathroom, and 2 closets ... perfect for in-laws, grandparents, extended family, guests, office, gym, home business. PGT Impact windows, new roof, 3-Zone A/C, 2 storage areas, 10' x 38' lap pool, outdoor shower. Normandy Isle location on private cul-de-sac, yet steps to Normandy Fountain, restaurants, shops, and farmers' market. Owner prefers long lease.
TaxLegalDescription OCEAN SIDE SEC ISLE OF NORMANDY PB 25-60 LOT 16 & W20FT LOT 15 BLK 12 LOT SIZE 71.700 X 140 OR 15730-2600 1192 1 COC 24083-3165 12 2005 1
View Garden, Pool
WaterSource Municipal Water
WindowFeatures Complete Impact Glass, Blinds, Impact Glass
YearBuiltDetails Resale
Zoning 0100