1215 N Biscayne Point Rd, Miami Beach, FL 33141 — MLS photo

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1215 N Biscayne Point Rd, Miami Beach, FL 33141

Active · SingleFamilyResidence

$6,950,000

1215 N Biscayne Point Rd, Miami Beach, FL 33141

Beds
4
Baths
4
Living area
3,664 sq ft
$ / sq ft
$1,897/sq ft
Year built
1951
Lot size
11,250 sq ft
HOA fee
—
Annual tax
—

About this property

Welcome to Biscayne Point, one of Miami Beach’s most exclusive gated communities! This rare waterfront property offers 75 ft of open bay frontage with stunning views and direct ocean access—perfect for boating and sunsets. Move-in ready with an oversized, grandfathered pool and spacious outdoor living area, it’s ideal for entertaining or relaxing in privacy. Endless potential: add a second story or build a new luxury estate on this exceptional lot. Just minutes from Bal Harbour, world-class dining, and pristine beaches, this home combines lifestyle, location, and investment in one of Miami Beach’s most desirable neighborhoods.

Property location

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1215 N Biscayne Point Rd, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
3,664 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1951
Lot size
11,250 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11878264
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$24,868

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.3%
Gross yield
4.4%
Mortgage payment
$32,947/mo
Down payment
$1,737,500
Loan amount
$5,212,500
Annual NOI
$96,946

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.