Read the full record 4 paragraphs and 12 facts, every figure from the MLS and county record
KAI at Bay Harbor Islands is a 7-story mid-rise at 9940 W Bay Harbor Dr in Bay Harbor Islands, built in 2016. County folio records count 54 residences, averaging 1,403 SF of living area. The condo archive records it as waterfront (channel front). MLS and county records use the legal name Kai at Bay Harbor Condo.
Five units were for sale on November 2, 2026, asking $975K to $2M (median ask $999/SF across 5 listings). Seven sales closed between November 2, 2025 and November 2, 2026, from $800K to $3.4M, a median $764/SF, after a median 50 days on the market. In the 12 months before that, six sales closed at a median $732/SF, so the median rose 4%. Across 47 recorded sales since 2019, the best year by median price per square foot was 2024, at $917 over 4 sales. That 12-month median ranks 7th of the 17 Bay Harbor Islands buildings with at least three sales in the same window. Two-bedrooms made up nine of the 13 sales in the last 24 months, at a median $845,000.
Two units were offered for rent at $5,700 to $6,500 a month. Nine leases were signed over the same 12 months, at a median $5,600 a month (range $4,950 to $7,350).
County records show 33% of residences as owner-occupied, which points to an investor-heavy ownership base.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.
The record
- Address
- 9940 W Bay Harbor Dr, Bay Harbor Islands 33154
- Neighborhood
- Bay Harbor Islands
- Year built
- 2016
- Floors
- 7
- Residences (county-verified)
- 54
- Owner-occupied
- 33% of residences
- Avg. unit size
- 1,403 sq ft
- Total living area
- 75,784 sq ft
- County condo folios
- 54
- Waterfront
- Yes / Channel Front
- Recorded MLS listings
- 116
- Recorded as
- Kai at Bay Harbor Condo
