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+32 photosWaterfront home — 1398 Bay Drive · Oceanside Sec Isle Of Nor · Miami Beach
South Florida Luxury Living
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Open property magazine$12,000,000
1398 Bay Drive, Miami Beach, FL 33141
Boat up to 45' (stated)
Estimate only, not guaranteed. Verify before you buy or sell. Saved Baker's Haulover Inlet route. Charted route depth is not a surveyed private-dock depth or confirmed boat draft; uncovered stretches need verification. Verify tide and bridge headroom with your captain.
Miami Beach, FL, 33141
5 bd · 6 ba · 4,115 sqft
Listed by Compass Florida, LLC
1398 Bay Drive, Miami Beach, FL 33141
Boat up to 45' (stated)
Estimate only, not guaranteed. Verify before you buy or sell. Saved Baker's Haulover Inlet route. Charted route depth is not a surveyed private-dock depth or confirmed boat draft; uncovered stretches need verification. Verify tide and bridge headroom with your captain.
Listed by Compass Florida, LLC
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Estimated monthly payment
$79,150/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $79,150/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesWelcome 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!
Ask Simon about boat size
Boat length limit: 45 ft est. — verify · Dock: 45 ft
min · est.
5.7 nm
low tide depth
Enter draft
bridges on the route
a tall boat passes only when they open, on their schedule
Run to the ocean
Map © Esri · saved route, planning only
Water depth on the way out
about 4 ft at low tide (estimate, canal not surveyed)
Charted route depths do not confirm private dock depth, current shoaling or safe passage; verify with your captain.
Today’s tide · Eastern time
Current tide prediction not provided — Ask Simon
Route bridges & sources
Bridges on the route
Broad Causeway Bridge · opens · 15.7 ft closed · Opens on the quarter and three-quarter hour
SR A1A Bal Harbour · fixed · 31.8 ft
Depth sources
Army Corps survey · Intracoastal Waterway, Miami-Dade County · surveyed Feb 13, 2025 · shallowest 10 ft on your route
Army Corps survey · Bakers Haulover Inlet · surveyed Aug 6, 2025 · shallowest 7 ft on your route
NOAA chart (updated weekly)Tides
Tides: NOAA tide predictions, nearest station
Estimate only, not guaranteed. Verify before you buy or sell.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
282 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
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Your costs (est.)
≈ $79,150/mo
1398 Bay Drive, Miami Beach, FL 33141 · Miami Beach
Location
1398 Bay Drive, Miami Beach, FL 33141
Dock & Draft Match™
45 ft dock stated in the listing; confirm berth position and canal/inlet limits on site
Boat length ~45 ft · preliminary
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 1398 Bay Drive, Miami Beach, FL 33141?+
Property tax (after sale): $15,212/month est.; homeowners insurance: $1,672/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $16,884/month est. Principal and interest: $62,265/month; PMI: $0/month. Total for the payment scenario shown: $79,150/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1398 Bay Drive, Miami Beach, FL 33141?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1398 Bay Drive, Miami Beach, FL 33141 need flood insurance, and what drives the premium?+
Most of Miami Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1398 Bay Drive, Miami Beach, FL 33141?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 1398 Bay Drive, Miami Beach, FL 33141?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 1398 Bay Drive, Miami Beach, FL 33141?+
This listing has been on the market 282 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami Beach. Beachside neighborhoods with local dining, Lincoln Road shopping and connections across the causeways to Miami.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Treasure Island Elementary School
Elementary · 0.9 mi from this home · 7540 E Treasure Dr, North Bay Village
Miami Beach Nautilus Middle School
Middle school · 2.5 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 3.6 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
Advance Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · North Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
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