KEYSTONE ISLAND NO 1
12488 N Bayshore Dr, North Miami FL 33181
3 beds · 2 baths · 2,179 ft²
3
Bedrooms
2
Bathrooms
2,179
Sq. Ft.
1955
Year Built
2
Garage
64
Days on Market
Description
Prime Waterfront Development Opportunity in Keystone Point! Located in prestigious 24HR guard-gated Keystone Point Islands, this 75’ x 125’ lot offers 75 ft of deep-water frontage with direct ocean access and one fixed bridge with 10ft clearance. Situated on wide 100+ ft canal, property offers expansive water views & endless redevelopment potential. Lovingly maintained by same owner for many years this single-sty pool home spans over 2,300 SF with 3 beds, 2 baths, & 2-car gar. 2001 tile roof—ideal for full renovation or teardown. 9,373 SF of land in one of North Miami’s most desirable waterfront neighborhoods, rare opportunity to build a luxury custom home in a prime location just mins from Bal Harbour, beaches, and top-tier marinas. Longtime ownership—first time on market in 50+ years!
Facts
- MLS#
- A11868560
- Subdivision
- KEYSTONE ISLAND NO 1
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 9,375 ft²
- Sq. Ft.
- 2,179 ft²
- Sq. Mt.
- 202 m²
- Price per sq. ft.
- $998/ft²
- Price per sq. mt.
- $10,767/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 64 days
- Listed
- Sep 2, 2025
- Last Updated
- Dec 15, 2025
- Price/Lot Sq.Ft.
- $232/ft²
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Same ZIP, similar price + bedrooms.
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Market insights for North Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
October 2026
71
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).
| 12/15/2025 | Sold | $2,175,000 |
| 10/24/2025 | Price change | $2,175,000-12.7% |
| 9/2/2025 | Listed for sale | $2,490,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$13,539/mo
Principal & Interest
$11,576
Property Tax
$1,813
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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