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Sold for $2,950,000
  • $2,950,000

    1261 98th St, Bay Harbor Islands, FL 33154

    4beds
    2,350sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $4,277,300 Zestimate®
    $1,255/sqft
    $6,998 Estimated rent

    Home value

    $4,277,300

    $3.64M - $5.09M

    $6,998/mo

    Zestimate® history
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    What's special

    Charming, Fully Remodeled Mediterranean-Style Home in Prestigious Bay Harbor Islands 1261 98th Street | 4 Beds | 3.5 Baths | 2,350 Sq Ft | 10,000 Sq Ft Lot | Available for rent on December first. Welcome to 1261 98th Street, an elegant single-family Mediterranean-style residence nestled in the heart of the exclusive Bay Harbor Islands. Situated on a spacious 10,000 sq ft lot, this beautifully remodeled and meticulously maintained home offers 2,500 sq ft of luxurious living space blending modern comfort, style, and convenience in one of South Florida's most desirable neighborhoods. This residence features 4 spacious bedrooms and 3.5 new bathrooms, including fully renovated ensuite baths with designer wood cabinetry, sleek sinks, modern finishes, and premium fixtures. All bedrooms include closets, providing ample storage space. The chef's kitchen has been completely rebuilt with custom wood cabinetry, granite countertops, two sinks and faucets, undermount lights, and brand-new high-end appliances. The updated laundry room offers new appliances, cabinetry, and quartz stone countertops. The entire interior has been freshly painted and updated with new Italian porcelain floors, solid doors, Baldwin door handles, and a brand-new air-conditioning system with new ducts, ensuring beauty and efficiency throughout. Enjoy peace of mind with the home's central generator, ready to power the house in the event of an outage. Outside, the home offers an expansive front yard with a large driveway for ample private parking, plus additional free street parking. The spacious backyard provides a green oasis perfect for outdoor entertaining, relaxation, or play. Location highlights: This home offers unmatched access to world-class amenities, including the famed Bal Harbour Shops, upscale dining, houses of worship, parks, supermarkets, banks, gyms, and recreational facilities. Outdoor enthusiasts will love the proximity to Haulover Marina and pristine beaches, ideal for boating, walking, sun-filled afternoons, and the popular weekend farmers market. Families will appreciate being near top-rated schools, including Ruth K. Broad Bay Harbor K-8 Center and Miami Beach Senior High School. Key Features: Fully remodeled interior Brand new kitchen & laundry appliances Granite & marble countertops Italian porcelain floors throughout Solid doors & custom cabinetry New A/C system & ducts Central generator Spacious front & back yards Large garage + ample parking Prime Bay Harbor Islands location Available for rent starting September 15th, 2025 Experience the charm, convenience, and elevated lifestyle of Bay Harbor Islands. This unfurnished rental is a rare opportunity to enjoy a serene and secure lifestyle in one of Florida's most distinguished private communities. A must-see! Don't miss your chance to make this beautiful home yours. The tenant is responsible for covering the costs associated with landscape maintenance, air conditioning servicing, and exterminator services. This must be paid directly to the landlord along with the rental fee each month In addition to these services, tenants are responsible for utility expenses, including water, sewage, gas, WiFi, and cable services. As for the rental terms, the minimum lease period is one year, providing tenants with stability and security in their housing arrangements. Upon signing the lease agreement, tenants are required to pay the first two months' rent, the last month's rent, and a security deposit in advance. This upfront payment ensures financial security for both parties and facilitates a smooth transition into the tenancy. Renter's insurance is a mandatory requirement, offering protection and peace of mind for tenants in the event of unforeseen circumstances or emergencies. No pets. No smoking. No subletting

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 2,350 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Cable not included in rent, Gas not included in rent, Heating system: Forced Air, Internet not included in rent, Lawn, Sewage not included in rent, Water not included in rent, generator
    Details
    • Parcel number: 1322270015500

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $13,900
    • Administrative fee: $450
    Location
    • Region: Bay Harbor Islands

    Financial & listing details

    • Price per square foot: $1,255/sqft
    • Tax assessed value: $2,682,191
    • Annual tax amount: $49,570
    • Date on market: 9/29/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    2/24/2026Listing removed$13,900$6/sqft
    Source: MIAMI #A11961322 Report a problem
    2/10/2026Listed for rent$13,900$6/sqft
    Source: MIAMI #A11961322 Report a problem
    2/5/2026Listing removed$13,900$6/sqft
    Source: Zillow Rentals Report a problem
    8/21/2025Price change$13,900+7.8%$6/sqft
    Source: Zillow Rentals Report a problem
    6/11/2025Listed for rent$12,900$5/sqft
    Source: Zillow Rentals Report a problem
    6/6/2024Sold$2,950,000$1,255/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$49,570 +689.7%$2,682,191 +595.6%
    2024$6,277 +2.7%$385,579 +3%
    2023$6,109 +3.5%$374,349 +3%
    2022$5,903 -1.8%$363,446 +3%
    2021$6,011 +1.1%$352,861 +1.4%
    2020$5,945 +2.4%$347,990 +2.3%
    2019$5,808 +4.2%$340,167 +1.9%
    2018$5,577 $333,825 +2.1%
    2017$5,577 -0.4%$326,959 +2.1%
    2016$5,598 -2%$320,235 +0.7%
    2015$5,710 -2.6%$318,009 +0.8%
    2014$5,865 +2%$315,486 +1.5%
    2013$5,750 $310,824 +1.7%
    2012$5,750 +3.1%$305,629 +3.1%
    2011$5,577 -4.1%$296,339 +1.5%
    2010$5,813 +14%$291,960 +2.7%
    2009$5,100 +2.7%$284,285 +13.4%
    2007$4,964 -9.7%$250,730
    2006$5,499 --
    2005$5,499 +1.3%--
    2004$5,428 +4.1%--
    2003$5,216 +2.7%--
    2002$5,079 --
    2001$5,079 --
    Find assessor info on the county website

    Neighborhood: 33154

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,277,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,277,300