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!
Listed by Jeffrey Koebel
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License #0547393
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Montgomery & Koebel, Inc.
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305-606-2252
Last updated September 02, 2025
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Source: MIAMIRE #A11868560
Listing Facts
TypeSingle-family
NeighborhoodKeystone Point
Bedrooms3
Bathrooms2
Days on Prevu7
Taxes$990/year
Size2,179 sqft
Price per sqft$1,143
Amenities
Pets Allowed
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
09/02/2025
Listed by Montgomery & Koebel, Inc.
$2,490,000
Property Details for 12488 N Bayshore Dr
Association
Amenities
Community Features: Boating, Gated, Gated Community
Appliances: Microwave, Electric Range, Refrigerator
Flooring: Tile, Wood
Interior Features: First Floor Entry, Family Room
Measurements
Living Area: 2,179
Living Area Units: Square Feet
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 3
Other
Location
Subdivision Name: KEYSTONE ISLAND NO 1
Parking
Parking
Attached Garage: Yes
Covered Spaces: 2
Garage Spaces: 2
Garage: Yes
Parking Features: Covered
Schools
Elementary School
Elementary School: David Lawrence Jr K-8
Middle or Junior School
Middle Or Junior School: North Miami
Utilities
Equipment
Cooling: Central Air, Electric
Has Cooling: Yes
Heating: Central, Electric
Has Heating: Yes
Sewer: Public Sewer
Water Source: Municipal Water
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.