Kai Condos For Sale & Rent

Kai Condo Overview

Kai is a boutique Bay Harbor Islands condo building at 9940 Bay Harbor Dr in Bay Harbor Islands. Built in 2017, the 7-story building has 57 residences near the water, Bal Harbour Shops, Surfside, schools, restaurants, and island services.

Kai Condos for Sale

Kai condos for sale should be compared by water or neighborhood exposure, floor level, layout, interior condition, parking, and monthly fees. Buyers should review boutique Bay Harbor Islands sales, association costs, rental rules, and walkability before deciding on value.

Kai Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 12-month minimum rental term, and up to 1 rental per year. Buyers should confirm association rules, lease approvals, fees, and current restrictions before treating a unit as an investment property.

Amenities and Building Details

Architectural and ownership notes point to Arquitectonica, 3D Developers. The building is pet-friendly. Buyers should review amenities, parking, security, reserves, insurance considerations, and monthly fees with the specific residence. The condos, ranging from one to three bedrooms, span 1,110 to 1,890 square feet, each featuring expansive terraces with breathtaking city and bay views. The property includes a heated outdoor swimming pool with an accompanying deck, direct access to boat docks and Marina, and a state-of-the-art fitness center. Kai's residences exude luxury with their glass-enclosed balconies, European cabinetry, granite countertops, marble bathroom flooring, jacuzzi-equipped master baths, and high-end appliances. These elements combine to create living spaces that are both elegant and functional.

What to Compare Before Buying at Kai

Compare active condos for sale, active rentals, recent sales, water exposure, unit condition, monthly fees, parking, rental rules, pet policy, and Bay Harbor Islands walkability. It is also useful to compare Kai At Bay Harbor Condo with nearby buildings and area pages such as Bay Harbor Islands and Guildford House.

Market Context

Kai At Bay Harbor Condo has completed-year closed-sale history from 2018 through 2025 in the market statistics, with 43 recorded condo sales, or about 6 sales per year. That is a thinner resale sample, so each closed sale should be reviewed closely for condition, view, size, and unusual terms before using it as a benchmark. The busiest year in the series was 2021 with 12 sales, while the quietest was 2019 with 3. Recent completed-year sales volume is below the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Kai At Bay Harbor Condo ranges from about $619/sqft to $963/sqft, with an average near $750/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is lower than the first, moving from $963/sqft in 2018 to $700/sqft in 2025. The recent completed-year price-per-square-foot average is close to the long-term average. Average closed price over the same completed-year period was about $1,015,690, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Kai At Bay Harbor Condo: 2 Beds and 3 Beds units have the broadest historical comparison set, while 4 Beds+ around $2,987,500 and 3 Beds around $1,474,444 represent the higher average closed-price tiers in the chart data. Because the higher-tier segment has limited observations, it should be treated as directional rather than a standalone pricing rule. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Kai At Bay Harbor Condo also has long-term rental positioning with a 12-month minimum lease and up to 1 rental per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.