BAY CREST SEC 2
1242 NE 81st Ter, Miami FL 33138
3 beds · 2.5 baths · 2,083 ft²
3
Bedrooms
2.5
Bathrooms
2,083
Sq. Ft.
1973
Year Built
2
Garage
74
Days on Market
Description
Attention Developers and Investors! Renderings available to develop your dream mansion on the bay or build it as spec home for sale. You can develop up 7000 sf house with a rooftop terrace overlooking the Biscayne Bay with a 80 foot dock and an infinity pool. Currently the property is a fully renovated 3/3 villa villa that offers a pool, dock with a boat lift, 2 car garage and stainless steel appliances and custom cabinets. Property is sold furnished and ready for an airbnb business to generate income before beginning of construction.
Facts
- MLS#
- A11488780
- Subdivision
- BAY CREST SEC 2
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 11,100 ft²
- Sq. Ft.
- 2,083 ft²
- Sq. Mt.
- 194 m²
- Price per sq. ft.
- $2,880/ft²
- Price per sq. mt.
- $30,923/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 74 days
- Listed
- Nov 19, 2023
- Last Updated
- Mar 21, 2024
- Price/Lot Sq.Ft.
- $540/ft²
Comparable homes
Same ZIP, similar price + bedrooms.

$6,300,000
3 bd · 3 ba · 2,083 sqft
1242 NE 81st Ter, Miami FL 33138
SOLD$6,400,000
3 bd · 3 ba · 3,150 sqft
928 Belle Meade Island Dr, Miami FL 33138
SOLD$5,000,000
3 bd · 2 ba · 1,816 sqft
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4 bd · 3 ba · 2,986 sqft
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$5,490,000
4 bd · 5 ba · 5,440 sqft
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SOLD$4,950,000
4 bd · 3 ba · —
7300 Belle Meade Island Dr, Miami FL 33138
SOLD$5,100,000
4 bd · 3 ba · 2,986 sqft
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SOLD$6,900,000
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
45
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 3/21/2024 | Sold | $5,999,000 |
| 12/26/2023 | Price change | $5,999,000+20.2% |
| 11/19/2023 | Listed for sale | $4,990,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
A.D. Henderson University School & Fau High SchoolKG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
Boca Raton Community Middle School6,7,8 · public · 0.7 mi
Boca Raton Middle Adult Education CenterUG · public · 0.7 mi
Boca Raton Christian High SchoolPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
Boca Raton Christian SchoolPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
St Paul Lutheran SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 0.7 mi
The French International School of Boca Raton Le Petit PrincePK,TK,KG,1,2,3,4,5,6,7 · private · 0.7 mi
Boca Raton High Adult Education CenterUG · public · 0.8 mi
Boca Raton Community High School9,10,11,12 · public · 0.9 mi
Children's House Of Boca RatonPK,KG · private · 0.9 mi
Estimated Monthly Payment
$37,078/mo
Principal & Interest
$31,929
Property Tax
$4,999
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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