How do I schedule a tour of 1242 NE 81st Terrace, Miami, FL 33138?

Use the Tour button on this listing to request a showing of 1242 NE 81st Terrace, Miami, FL 33138. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 1242 NE 81st Terrace, Miami, FL 33138 still available?

1242 NE 81st Terrace, Miami, FL 33138 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 1242 NE 81st Terrace, Miami, FL 33138?

With 20% down ($1,340,000) on the $6,700,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1242 NE 81st Terrace, Miami, FL 33138 is about $35,211/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 1242 NE 81st Terrace, Miami, FL 33138?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1242 NE 81st Terrace, Miami, FL 33138. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

What schools serve 1242 NE 81st Terrace, Miami, FL 33138?

1242 NE 81st Terrace, Miami, FL 33138 is zoned for Horace Mann (middle), Miami Edison (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 1242 NE 81st Terrace, Miami, FL 33138?

Often, yes. The right offer on 1242 NE 81st Terrace, Miami, FL 33138 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

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$6,700,000

1242 NE 81st Terrace

Miami, FL 33138

BAY CREST SEC 2

Explore the area: Miami homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $6,700,000
Price per sq ft: $3,217
Vs. nearby sales: 342.5% above
Days on market: N/A

This 3-bedroom single-family home in ZIP 33138 is listed at $6,700,000, or $3,217 per square foot. The 6 most recent single-family home sales in the closings shown below sold at a median of $727 per square foot, so the asking price is 342.5% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

2,083

Living Sq Ft

1973

Year Built

Estimated monthly payment

$35,211 /mo

Principal and interest only, based on $1,340,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $6,700,000
Days on Site: 0 Days
Bedrooms: 3
Total Baths: 3
Full Baths: 2
Partial Baths: 1
Living Area: 2,083 sqft
Total Sq Ft: 3,068 sqft
Lot Size: 0.25 Acres
Year Built: 1973
Property Type: Single Family
MLS #: A12098919
Property Tax: $66,088 (2024)
Subdivision: BAY CREST SEC 2
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

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.

Virtual Tour

General Features

Property Type: Single Family
Status: Active
Year Built: 1973
Property Condition: Resale
Number of Stories: 1
Levels: One
Garage Spaces: 2
Parking: Driveway / Paver Block
Direction Faces: West
Lot Size (Acres): 0.25
Living Sq Ft: 2,083
Total Sq Ft: 3,068
Sewer: Public Sewer
Water Source: Public
Zoning: 0100

Interior Features

Appliances: Dryer / Dishwasher / Gas Range / Microwave / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Marble
Interior Features: Bidet / Dual Sinks / Entrance Foyer / Main Level Primary / Separate Shower / Stacked Bedrooms / Walk In Closets
Total Rooms: 1

Exterior Features

Construction: CBS Concrete Block Structure / Block
Roof: Metal
Exterior Features: Lighting / Outdoor Living Area
Private Pool: Yes
Pool Features: In Ground
Patio & Porch: Patio
Waterfront: Yes
Waterfront Features: Bayfront / Intracoastal Access / No Fixed Bridges / Ocean Access
Frontage: Waterfront
Frontage Length: 76.00 ft
View: Bay / Water

Community & HOA

Association Amenities: Sidewalks
Financing Terms: Cash / Conventional / Other
Restrictions: Other Restrictions
MLS Area: 2320

Schools

Middle School: Horace Mann
High School: Miami Edison

About the Area

Miami

View Miami Real Estate →

Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale: 11,910
Median List Price: $639,000
Median $/Sq Ft: $498
Avg Days on Market: 139

View all 11,910 homes for sale in Miami →

Frequently Asked Questions

How do I schedule a tour of 1242 NE 81st Terrace, Miami, FL 33138?: Use the Tour button on this listing to request a showing of 1242 NE 81st Terrace, Miami, FL 33138. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1242 NE 81st Terrace, Miami, FL 33138 still available?: 1242 NE 81st Terrace, Miami, FL 33138 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1242 NE 81st Terrace, Miami, FL 33138?: With 20% down ($1,340,000) on the $6,700,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1242 NE 81st Terrace, Miami, FL 33138 is about $35,211/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1242 NE 81st Terrace, Miami, FL 33138?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1242 NE 81st Terrace, Miami, FL 33138. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 1242 NE 81st Terrace, Miami, FL 33138?: 1242 NE 81st Terrace, Miami, FL 33138 is zoned for Horace Mann (middle), Miami Edison (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1242 NE 81st Terrace, Miami, FL 33138?: Often, yes. The right offer on 1242 NE 81st Terrace, Miami, FL 33138 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Black Key Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 2, 2026.

$6,700,000

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Listed by Melissa Morales Ferrer, Black Key Realty

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Recently sold homes in ZIP 33138

These are the last 6 recorded closings in ZIP 33138, with the price each home actually sold for rather than what it was listed at. They closed at a median of $772 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.