1242 NE 81st Terrace, Miami, FL 33138

$6,700,000 · Active

  • 3 beds
  • 3 baths
  • 2,083 sq ft
  • Single Family Residence
  • Built 1973
  • Lot 10,890 sq ft
  • 3,068 sq ft total
  • 2 garage spaces
  • Miami-Dade County
  • MLS# A12098919
  • Bay Crest Sec 2
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About this home

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.

Features

Schools

  • Middle: Horace Mann
  • High: Miami Edison

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Black Key Realty · belkiscruzrealty@yahoo.com · Listing agent: Melissa Morales Ferrer

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1242 NE 81st Terrace.

Questions About 1242 NE 81st Terrace

How much is 1242 NE 81st Terrace?
1242 NE 81st Terrace is listed at $6,700,000, which is about $3,217 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 1242 NE 81st Terrace?
The listing reports annual property taxes of $66,088 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1242 NE 81st Terrace built?
1242 NE 81st Terrace was built in 1973 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1242 NE 81st Terrace been on the market?
1242 NE 81st Terrace has been listed for 17 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 1242 NE 81st Terrace waterfront?
Yes. The listing describes the water as ocean access bayfront intracoastal no fixed bridges. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 1242 NE 81st Terrace?
The MLS lists Horace Mann (middle), Miami Edison (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 1242 NE 81st Terrace?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 4 bedroom home at 745 NE 77th Street, Miami, FL 33138 is comparable and listed for sale at $8,250,000. Another comparable home, 3601 Matheson Avenue, Miami, FL 33133, sold for $7,100,000 in October 2026. Other Miami neighborhoods include Morningside and Belle Meade. Nearby ZIP codes include 33125 and 33126. This property also neighbors Bal Harbour, Miami Beach, and Brickell. Compare it with the Miami housing market report.