Atlantic Luxury AdvisorsKeller Williams Realty Services

68 photos

1930 Bay Dr #PH1

Miami Beach, FL 33141

$3,250,000
3
3.5
2,551 sq ft
2024
2 car
Condominium
$2,440/mo
Yes
98
Active

Listing courtesy of Keller Williams Capital Realty. Contact: [email protected].

About this home

PRICE REDUCED! Miami beach's most exclusive waterfront addresses; an exceptionally rare full-floor bayfront residence, with only four private residences in the entire building. Crafted by renowned Sabal Luxury Builder, this newly constructed architectural masterpiece offers an unparalleled level of privacy, prestige, and waterfront living rarely available in today’s market. Positioned directly on Biscayne Bay, this trophy residence captures breathtaking panoramic views of the Downtown Miami skyline, Miami Beach, and endless open water vistas. Arrive via your private elevator & step into 2,551 SFT of impeccably curated living space, where floor-to-ceiling glass walls frame the surrounding waterfront. An integrated smart-home sound system, electric window treatments create an effortless blend of sophistication and comfort. Designed for those who appreciate seamless indoor-outdoor living, the residence opens to an extraordinary 1,800 SFT private waterfront terrace, an irreplaceable entertaining venue with front row seats to Miami’s legendary sunsets. The chef's Italian kitchen showcases premium appliances, an oversized gathering island, and elegant custom cabinetry, while every bedroom serves as a private retreat featuring its own en-suite bath and secluded terrace. Boutique luxury amenities include a state-of-the-art fitness center, jacuzzi, secure covered parking. Ideally located on Normandy Isles, just mins from Bal Harbour Shops, private clubs, & world class dining!!

What it costs to own
Estimated monthly payment
$25,851/mo
Principal and interest
$16,434
Property tax
$4,944
Homeowners insurance
$2,033
HOA
$2,440

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
$59,332/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
$2,440/mo (from the listing)
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.

Florida condo safety laws

This building was built in 2023, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2053. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

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.