Atlantic Luxury Advisors
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1398 Bay Dr

Miami Beach, FL 33141

$12,000,000
5
5.5
4,115 sq ft
10,880 sq ft
1939
2 car
Single Family Residence
Yes
122
Active

Listing courtesy of Compass Florida, LLC (Audrey Ross). Contact: [email protected].

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!

What it costs to own
Estimated monthly payment
$86,605/mo
Principal and interest
$60,679
Property tax
$18,426
Homeowners insurance
$7,500
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$221,113/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.