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9940 W Bay Harbor Dr, Bay Harbor Islands FL 33154
About this home
Kai Bay Harbor is a boutique waterfront residence designed by Arquitectonica, offering direct water views and a highly desirable location in Bay Harbor Islands. This 1-bedroom plus den, converted into a second bedroom, features Cristal White marble floors throughout and faces west, capturing open marina views and striking sunsets. The residence offers spacious interiors and a generous balcony, ideal for indoor-outdoor living. Kai’s rooftop level includes an infinity-edge pool, sun deck, and lounge area with 360-degree views of Biscayne Bay, Bal Harbour, and the ocean. Located within walking distance to A-rated schools, Bal Harbour Shops, the beach, restaurants, and places of worship. Positioned between Aventura and South Beach, Kai offers convenient access to both while maintaining a quiet residential setting on the water.
Features
- Lobby
- First Floor Entry
- Open Balcony
- Intracoastal View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $5,051
- HOA
- $1,657 / mo
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
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Enter rent, 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.