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12488 N Bayshore DrNorth Miami, FL 33181

For Sale

$2,490,000

Smart Buyer Rebate $24,900

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

Exterior

Construction

  • Roof: Curved/S-Tile Roof
  • Structure Type: House
  • Year Built: 1955
  • Year Built Details: Resale
  • Architectural Style: Detached, One Story
  • Building Name: KEYSTONE ISLAND NO 1
  • Construction Materials: CBS Construction
  • Exterior Features: Lighting

Features

  • Direction Faces: Northeast
  • Fencing: Fenced
  • Pool Features: In Ground
  • View: Garden, Water
  • Waterfront Features: Ocean Access, Canal Front, Canal Width 81-120 Feet, Fixed Bridge(S)
  • Waterfront: Yes

Measurements

  • Building Area Total: 2,752
  • Building Area Units: Square Feet
  • Frontage Length: 75
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Square Feet: 9,375
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 06-22-28-013-0400
  • Tax Annual Amount: $990.00
  • Tax Year: 2024

Interior

Features

  • 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.

Full MLS Disclaimers

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.