Atlantic Luxury AdvisorsKeller Williams Realty Services

28 photos

1161 NE 86th St

Miami, FL 33138

$2,590,000
3
2.5
1,903 sq ft
7,800 sq ft
1950
2 car
Single Family Residence
Yes
149
Active

Listing courtesy of Realty Hub. Contact: [email protected].

About this home

Motivated Seller! Priced improvement. Exceptional waterfront opportunity on one of the most beautiful Palm tree-lined streets in the exclusive Davis Harbor in desirable Miami's Upper East Side. This prime property offers 75 feet of water frontage on a wide, deep canal just moments from the open bay, with direct ocean access and no fixed bridges—a dream setting for boating enthusiasts. Major waterfront improvements have already been completed, including a newer seawall with upgraded erosion protection, jet filters, and a brand-new dock (2024), providing tremendous long-term value. The home is being sold AS IS. The house already have high impact proof windows and doors including garage doors, instant hot water heater, new roof (2024) and EV charger (2023). House was settled but approximately 70% of the foundation has already been secured, allowing the next owner to continue the renovation or take advantage of this incredible lot to design and build a spectacular custom waterfront estate. Whether you envision restoring the existing residence or creating your dream home from the ground up, the possibilities are exceptional. Ideally located less than 20 minutes from Downtown Miami, Aventura, and Miami International Airport, and only 10 minutes from the Design District and Wynwood, this rare waterfront property combines an outstanding location, premium boating access, and unlimited potential.

Virtual tour
What it costs to own
Estimated monthly payment
$18,640/mo
Principal and interest
$13,096
Property tax
$3,927
Homeowners insurance
$1,617
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
$47,129/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.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
Not stated in the listing; ask us
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

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
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

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 Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.