KEYSTONE ISLAND NO 1

12488 N Bayshore Dr, North Miami FL 33181

3 beds · 2 baths · 2,179 ft²

Closed

$2,175,000

12.65%

Est. Payment $11,576/mo

MLS Sheet Video

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

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for North Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

65

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).

12/15/2025Sold$2,175,000
10/24/2025Price change$2,175,000-12.7%
9/2/2025Listed 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

12488 N Bayshore Dr, North Miami FL 33181Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$13,539/mo

Principal & Interest

$11,576

Property Tax

$1,813

Insurance

$150

HOA

$0

20% ($435,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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