ActiveMLS® A12098919

$6,700,000

1242 NE 81st Terrace, Miami, FL 33138

Beds: 3
Baths: 3
Sqft: 2,083

Est. payment$43,622/mo

Home type: Single Family Residence
Year built: 1973
Lot size: 10,890 sqft
Price / sqft: $3,217
HOA: $0/mo
Community: BAY CREST SEC 2

Property description

Welcome to this stunning waterfront home in Miami’s Upper East Side! This beautifully maintained 3-bedroom, 2.5-bath residence offers 80 feet of waterfront, direct bay access, a private dock and boat lift. Enjoy a spacious outdoor area with a pool and breathtaking water views, perfect for entertaining or relaxing. Ideally located near Miami’s top dining, shopping and entertainment, this is a rare opportunity to enjoy the best of the Miami waterfront lifestyle.

Listing activity

Days on market: 23
Listed: Oct 1, 2026
MLS listing updated: Oct 2, 2026
Feed last checked: 12 minutes ago

Listed by Melissa Morales Ferrer · Black Key Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Bathrooms (decimal): 2.5
Full bathrooms: 2
Half bathrooms: 1

Rooms & features

Rooms: 1
Interior features: Bedroom Layout - Stacked, Entrance Foyer, Walk-In Closet(s)
Flooring: Marble
Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer, Other
Other equipment: Other

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 2
Garage: Yes
Covered spaces: 2
Parking features: Driveway, Paver Block
Attached garage: No

Exterior

Stories: 1
Building area: 3,068 sqft
Entry level: 1
Patio & porch: Patio
Exterior features: Lighting
Fencing: Fenced
Pool: Yes
Pool features: In Ground
View: Bay, Water
Waterfront: Ocean Access, Bay, Intracoastal, No Fixed Bridges
Waterfront property: Yes

Lot

Lot size: 10,890 sqft
Lot size (acres): 0.25 acres
Zoning: 0100

Construction

Type & style

Home type: Single Family Residence
Year built: 1973
New construction: No

Materials

Construction: CBS
Roof: Metal
Property condition: Resale
Levels: One
Faces: West

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: BAY CREST SEC 2
MLS area: 2320
55+ community: No

Association

Has association: No
Estimated monthly dues: $0
Amenities: Sidewalks

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33138

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12098919
Possession: Negotiable
Original list price: $6,700,000
Parcel number: 0132080190090
Annual property tax: $66,088
Tax year: 2024
Tax legal description: BAY CREST SEC 2 PB 66-50 LOT 9 BLK 2 LOT SIZE SITE VALUE OR 14413-3242 0190 1 COC 22267-3715 04 2004 1

Additional MLS details

Reported by the listing source

Association Amenities: Sidewalks
Association: No
Bathrooms Total Decimal: 2.5
Bathrooms Total Integer: 3
Building Area Total: 3068
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 23
Direction Faces: West
High School: Miami Edison
List Price: 6700000
Listing Contract Date: 2026-10-01
Living Area: 2083
Lot Size Acres: 0.25
Lot Size Area: 11100
MLSArea Major: 2320
Middle Or Junior School: Horace Mann
Mls Status: Active
On Market Date: 2026-10-01
Patio And Porch Features: Patio
Photos Count: 26
Postal Code: 33138
Property Sub Type: Single Family Residence
Property Type: Residential
Rooms Total: 1
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-10-01T04:00:00Z
Stories Total: 1
Subdivision Name: BAY CREST SEC 2
Water Source: Public
Waterfront Features: Ocean Access, Bay, Intracoastal, No Fixed Bridges
Tax Annual Amount: 66088
Bathrooms Full: 2
Pool Private: Yes
Bedrooms Total: 3
Bathrooms Half: 1

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Oct 1, 2026	ListedMIAMI REALTORS® MLS	$6,700,000$3,217/sqft

Public tax history

Year	Property taxes	Assessment
2024	$66,088	—

Payment calculator

Estimated monthly payment$43,622/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $34,765
Property taxes: $5,507
Insurance: $3,350
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

BAY CREST SEC 2

Miami · Miami-Dade County · 33138

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Horace MannMiddle

—

Miami EdisonHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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