1398 Bay Dr, Miami Beach FL 33141 | Miami-Dade County | A11958741

The list price is $12,000,000. The home is being sold unfurnished; all fixtures and built-in appliances are expected to convey with the property. The private in-ground pool also conveys with the home, while on-site community amenities are detailed in the HOA documents and should be confirmed on request.

For a precise verification of what is included and to review the complete offering, you should contact Christopher Lazaro, Miami Beach Real Estate Expert.

The property at 1398 Bay Dr is located in Miami Beach, Florida 33141, on the coastal corridor of Biscayne Bay. This position offers direct water access and views, which is a primary driver of value in this market.

To understand the specific dynamics of this corridor and verify current availability, you should contact Christopher Lazaro, Miami Beach Real Estate Expert, for a detailed briefing.

This property at 1398 Bay Dr has no mandatory homeowners association. The owner is directly responsible for all utilities, maintenance, and exterior upkeep.

All residences remain subject to Miami Beach city ordinances, which you can review online. For precise verification of any municipal requirements, contact Christopher Lazaro, Miami Beach Real Estate Expert.

The tax of record is $22,558 (2025). As an estimate only, Florida reassesses upon sale. At this list price of $12,000,000 and a Miami-Dade rate near 2.0%, the estimated annual property tax would be approximately $240,000 without a homestead exemption, or about $239,000 with one, as the homestead exemption lowers the taxable value for a primary residence. These are estimates, not quotes; you must confirm with the Miami-Dade Property Appraiser and a tax professional.

For precise verification tailored to this property at 1398 Bay Dr, reach out to Christopher Lazaro, Miami Beach Real Estate Expert.

Yes, the property at 1398 Bay Dr is in a high-risk flood zone, designated as an AE zone by FEMA. This means there is at least a 1% annual chance of flooding, and lenders will require flood insurance as a condition for a mortgage. FEMA definitions provide the technical details, and you can View the FEMA flood map for this address.

To discuss the specific insurance implications and costs for this $12,000,000 listing, contact Christopher Lazaro, Miami Beach Real Estate Expert, for verification and guidance.

As a single-family home, 1398 Bay Dr has no condo association or HOA board establishing a pet policy. Pet allowances are therefore at the owner's discretion, subject to local ordinances and the terms of any active lease.

Note that documented service animals and emotional support animals are protected under separate federal housing laws. For precise verification of current terms, contact Christopher Lazaro, Miami Beach Real Estate Expert.

The price reflects a comparative market analysis for the immediate vicinity. In the broader market, Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract. A specific, updated CMA for Miami Beach properties is essential before determining your offer strategy.

To verify the analysis and discuss negotiation parameters for 1398 Bay Dr, reach out to Christopher Lazaro, Miami Beach Real Estate Expert.

Before touring any property, I recommend securing a pre-approval letter from a Florida-licensed mortgage originator. This clarifies your budget and strengthens your position when you find the right home, like 1398 Bay Dr listed at $12,000,000. For a reliable connection, you can start the process at Get-PreApproved.com.

Once you have your financing preview, contact Christopher Lazaro, Miami Beach Real Estate Expert, to schedule a viewing and discuss the specific market dynamics for this five-bedroom home.