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1398 Bay Dr, Miami Beach FL 33141
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!
Features
- First Floor Entry
- Built-in Features
- Cooking Island
- Pantry
- Walk-In Closet(s)
- Family Room
- Utility Room/Laundry
- Barbeque
- Built-In Grill
- Bay
- Ocean
- Water
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan payment
Loan payment only — this building's HOA dues aren't stated in the listing. Property tax and insurance are significant here and are not included.
- Principal & interest
- $60,679
- HOA
- Not stated
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price. This listing doesn't state its HOA dues, so that's yours to enter too, along with rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, HOA, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.