For saleDock reportedVirtual tour
$5,500,000
4 beds2,684 sq ft
Ocean or gulf · Bay, harbor, inlet or soundDirect parcel frontage
1920 Bay DrMiami Beach, FL 33141
House · MLS 12043792
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $500,000 from $5,475,000Virtual tour
$4,975,000
3 beds2,970 sq ft
1445 16th St #902Miami Beach, FL 33139
Homes, condos and townhomes · MLS 11960835 · Listed 60 days ago (Aug 31, 2026)
Bay, harbor, inlet or sound · Shared waterfront site · Waterfront details
For sale: Listed and available according to the MyStateMLS feed.
About this property
Enjoy the most coveted views in Miami Beach at the iconic Capri South Beach - Biscayne Bay, Monument Island, the islands of South Beach & Downtown Miami skyline at night! Located within Marina Grande, this unique combined 01/02 flow-through residence features 3BD + den/office & 3.5BA. Elevated finishes include Venetian plaster walls and ceilings, a custom wood-paneled ceiling, Saturnia marble, custom wallpapers and built-ins, handmade doors with metal inlays, motorized Somfy shades, ceiling-integrated speakers, and much more! The sleek kitchen boasts a Viking double wall oven, Wolf microwave, Thermador induction cooktop, Miele extractor, Sub-Zero refrigerator and freezer, quartz countertops, and a marble waterfall island, complemented by a wet bar with dual Sub-Zero wine and beverage refrigerators. A primary suite with its own office/seating area, a separate office nook, and an interior den with banquette & trundle beds rounds out the flexible living space - ideal for family and guests. Amenities at Capri South Beach include a private marina and boat slips, a bayfront pool and spa, a state-of-the-art fitness center, lush landscaped courtyards, a bay walk, and 24-hour concierge, valet, and security. All just moments from Lincoln Road, Ocean Drive, and Sunset Harbour - waterfront luxury living at its finest, where craftsmanship, comfort, and the bay come together.
Description provided by the listing brokerage.
MLS-reported waterfront
Waterfront details
The home is part of a condominium, cooperative or community whose shared site is reported as waterfront. Shoreline and docks are typically common or community property, not owned by the individual unit.
- Relationship to the water
- Shared waterfront site
- Water type
- Bay, harbor, inlet or sound
- Water body
- Not provided. Ask the listing agent.
- Frontage length
- Not provided. Ask the listing agent.
- Water access arrangement
- Not provided. Ask the listing agent.
- Docks, slips, lifts, moorings
- Dock reported
- Dock depth
- Not provided. Ask the listing agent.
- Shoreline
- Not provided. Ask the listing agent.
- Seasonal or tidal conditions
- Not provided. Ask the listing agent.
- Boating limits (bridges, depth, open-water access)
- Not provided. Ask the listing agent.
The listing reports a dock. It does not say whether the dock is private, shared or transferable, or what boats it fits.
Why this is listed as waterfront
WaterfrontYN“Yes”: The listing is marked waterfront.WaterfrontFeatures“Bay”: Describes the water without a frontage value.PropertyTypeDetail“condo”: A unit on a shared (condominium-style) site.
Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront
Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Compass Florida, LLC.
Facts
- List price
- $4,975,000
- Original list price
- $5,475,000
- Status
- For sale
- Property type
- Condo
- Bedrooms
- 3
- Full baths
- 4
- Interior area
- 2,970 sq ft
- Year built
- 2008
- Garage spaces
- 2
- County
- Miami-Dade County
- MLS number
- 11960835
- Annual property tax (2025)
- $41,768
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.
Features
Interior
- Walk-In Closet(s)
Exterior
- Dock
Appliances
- Washer
- Microwave
- Refrigerator
- Dryer
- Dishwasher
Flooring
- Marble
Heating
- Electric
Virtual tours
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Miami Beach.
Price and status history
- Original list price reported by the brokerage: $5,475,000
Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.
Estimate a monthly payment
$995,000
Illustrative. Replace with a quote from your lender.
From the listing (tax year 2025). Taxes can change after a sale.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.
Estimated monthly payment
$30,087 per month
Principal and interest$25,156
Property tax$3,481
Homeowners insurance$1,450
Loan amount$3,980,000
Total interest over the term$5,076,271
An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.
Similar waterfront listings nearby
Waterfront listings of the same property type and water type in Miami Beach, priced within 25% of this listing ($3,731,250 to $6,218,750), newest first. Each one passes the same waterfront rules. See all matches
For saleDock reportedVirtual tour
$4,189,000
3 beds3,211 sq ft
Ocean or gulf · Bay, harbor, inlet or soundShared waterfront site
201 Aqua Ave #801Miami Beach, FL 33141
Condo · MLS 11964147
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleDock reportedVirtual tour
$4,999,999
5 beds4,574 sq ft
Bay, harbor, inlet or soundWaterfront, relationship not specified
6109 W Laguna Dr W #6109Miami Beach, FL 33141
Townhome · MLS 11395368
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $225,000Dock reportedVirtual tour
$4,050,000
3 beds2,269 sq ft
Bay, harbor, inlet or soundShared waterfront site
1300 Monad Ter #8DMiami Beach, FL 33139
Condo · MLS 11395882
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $899,000Virtual tour
$5,500,000
4 beds3,442 sq ft
Ocean or gulf · Canal · Bay, harbor, inlet or soundShared waterfront site
6101 Aqua Ave #PH11AMiami Beach, FL 33141
Condo · MLS 11395459
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $800,000Virtual tour
$3,950,000
3 beds2,691 sq ft
Bay, harbor, inlet or soundShared waterfront site
1300 Monad Ter #3BMiami Beach, FL 33139
Condo · MLS 11395763
Listing courtesy of Compass Florida, LLC · MyStateMLS
Questions to ask before you buy
Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.
- Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
- Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
- What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
- How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
- What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
- What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
- How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
- How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
- What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.
Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)
Guides and next steps
Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.
Listing last updated by the brokerage Oct 22, 2026, 11:50 AM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 3:43 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.