Home » Properties » 1051 NE 89th St, Miami FL 33138

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Spacious Waterfront Estate in Miami with Private Dock

Exceptional 7-bedroom waterfront home in Miami with 5.5 baths, private dock, resort-style pool, and flexible short-term rental permit.

$5,699,000

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MLS #A11854559

Listing Updated: 2026-07-10 18:39:53

Listed By: Robert Bourne Real Estate LLC

Overview

This commanding waterfront estate offers over 6,200 sqft of luxurious living space on a sprawling 17,000+ sqft corner lot. Featuring approximately 70 feet of canal frontage and a private dock with no fixed bridges to the open ocean, it is ideal for boating enthusiasts. The property includes seven bedrooms and five full plus two half bathrooms, with a grand primary suite that boasts dual walk-in closets, two spa-inspired baths, an office, and direct access to the pool and water. The home’s interior impresses with terrazzo floors, a dramatic staircase, and multiple living areas including a family room, Florida room, loft, and private theater. The lush tropical grounds complement a resort-style pool designed for entertaining. Currently permitted for short-term rentals, this residence offers a rare blend of lifestyle flexibility and rental potential.

Property Highlights

7 bedrooms, 5 full + 2 half baths, 6,288 sqft living area, 17,000+ sqft lot, 70 ft canal frontage, private dock, resort-style pool, short-term rental permitted, built in 1939, 1-car garage.

Property Details

City: Miami

State: FL

Zip Code: 33138

Address: 1051 NE 89th St, Miami FL 33138

Year Built: 1939

Property Type: Residential

Property Sub Type: Single Family Residence

Listing Office Name: Robert Bourne Real Estate LLC

County: Miami-Dade County

Garage Spaces: 1

Parking Features: Driveway, On Street

Interior Features: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Loft, Recreation Room, Utility/Laundry In Garage

Exterior Features:

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $52,000

Days On Market: 287 Days

Original Listing Description

Commanding waterfront estate: 6,200+ sq ft on a sprawling 17,000+ sq ft corner lot with approx 70 ft of canal frontage, private dock, and no fixed bridges to open ocean. A true boater’s dream wrapped in lush tropical grounds and anchored by a resort-style pool designed for entertaining. 7 bedrooms, 5 full + 2 half baths with grand-scale living throughout. Primary suite is a private sanctuary with office, dual walk-ins, two spa-inspired baths, and direct access to pool and water. Striking entry with terrazzo floors, fireplace, and dramatic staircase. 4 bedrooms on the main level, 3 upstairs, plus a private theater. Currently permitted for short-term rentals with a strong performance history, offering rare flexibility for both lifestyle and income. 3D tour and drone footage showcase the full experience. Images may be virtually staged and/or digitally enhanced (furniture, colors, fixtures, landscaping) for illustrative purposes only.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

1051 NE 89th St, Miami FL 33138

About This Neighborhood

Located in the vibrant Miami neighborhood of 33138, this property benefits from a dynamic community known for its waterfront living and accessibility. The area offers a blend of residential tranquility and proximity to urban amenities. Residents enjoy easy access to boating, dining, and shopping options, with a strong sense of community and well-maintained surroundings. The neighborhood’s canal-front homes and tropical landscaping create a picturesque setting that enhances the overall living experience.

Walkability & Lifestyle

This Miami waterfront home is situated in a community where residents can enjoy a pleasant walk to local dining, shopping, and recreational spots. The neighborhood’s layout encourages outdoor activities with nearby parks and waterfront promenades. Access to marinas and beaches enhances the walkability experience, making it easy to enjoy daily conveniences and leisure pursuits without extensive travel. The area supports an active lifestyle with a blend of urban and natural amenities within walking distance.

Things To Do Nearby

Residents of this Miami estate have abundant lifestyle options nearby, including boating from the private dock, exploring waterfront dining, and enjoying cultural attractions. The area offers golf courses, marinas, and parks for outdoor recreation. Nightlife and entertainment venues are also accessible, providing a well-rounded experience. Whether seeking relaxation by the pool or engaging in active pursuits, this location supports a diverse range of activities for all interests.

Nearby Schools

Families considering this Miami property will find convenient access to a range of educational institutions nearby. The neighborhood is served by public and private schools that offer diverse programs suitable for different age groups. This accessibility supports a balanced lifestyle for residents, combining quality education options with the benefits of waterfront living. The proximity to schools also adds to the property’s appeal for long-term family residency.

Why Buyers Like This Area

Buyers are drawn to this Miami property for its combination of spacious living, waterfront access, and resort-style amenities. The private dock and canal frontage appeal to boating enthusiasts, while the flexible short-term rental permit adds versatility. The home’s classic design, complemented by modern features and tropical landscaping, creates an inviting atmosphere. Its location balances privacy with convenience, making it attractive to families, entertainers, and those seeking a premium lifestyle in Miami.

Investment Potential

This Miami waterfront estate presents a unique opportunity for buyers interested in properties with both lifestyle appeal and rental flexibility. The permitted short-term rental status enhances its attractiveness for those seeking seasonal tenants or vacation renters. Its prime location with direct canal access and no fixed bridges to the ocean appeals to boating enthusiasts, increasing demand. The sizable living area and multiple bedrooms accommodate a variety of tenant profiles, making it suitable for families or groups. While rental income can vary, the property’s features and location support consistent interest from renters looking for upscale waterfront homes.

Market Trends

Miami’s real estate market continues to attract buyers seeking waterfront properties with unique features such as private docks and resort-style amenities. Demand remains strong for homes that combine spacious interiors with outdoor living spaces. Inventory in this segment tends to be limited, contributing to sustained buyer interest. Properties offering short-term rental permits are particularly sought after, given the flexibility they provide. Overall, the market reflects a preference for well-maintained estate homes in desirable locations like this Miami canal-front community.

Rental Income Potential

The property’s current short-term rental permit supports a flexible rental strategy, appealing to tenants interested in seasonal stays or vacation rentals. Its waterfront location with direct ocean access and private dock enhances its rental desirability. The large number of bedrooms and bathrooms allows for accommodating multiple guests comfortably. While rental income can fluctuate based on market conditions and seasonality, the home’s features and location contribute to steady tenant interest and occupancy potential in Miami’s competitive rental market.