900 Bay Dr 1012, Miami Beach, FL 33141 — MLS photo

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900 Bay Dr 1012, Miami Beach, FL 33141

Active · Condominium

$549,000

900 Bay Dr 1012, Miami Beach, FL 33141

Beds
1
Baths
2
Living area
1,133 sq ft
$ / sq ft
$485/sq ft
Year built
1963
Lot size
—
HOA fee
$1,203
Annual tax
—

About this property

Looking for the most breathtaking views in Miami Beach? Look no further! This stunning residence offers panoramic views of the Bay and the beaches, delivering an undeniable WOW factor. Featuring 1 bedroom and 2 FULL bathrooms, the unit boasts a spacious floor plan, floor-to-ceiling IMPACT window and doors, NEW AC and a large balcony that feels like an extension of the living space—perfect for relaxing or entertaining. Highlights include a fabulous primary suite with an oversized walk-in closet, remodeled kitchen and bathrooms, and elegant travertine floors throughout. Welcome to the luxurious lifestyle of The King Cole. Resort-style amenities include 24-hour valet and doorman, heated bayfront pool, gym, children’s playroom, bar, lounge areas, and kayak & bicycle storage. Ideally located within walking distance to the beach, al the local shops & restaurants and so much more. Easy to show.

Property location

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900 Bay Dr 1012, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,133 sq ft

Exterior & Structure

Property type
Condominium
Year built
1963

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,203
County
Miami-Dade
MLS listing ID
A11961768
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,801

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-14.1%
Gross yield
7.8%
Mortgage payment
$2,603/mo
Down payment
$137,250
Loan amount
$411,750
Annual NOI
$9,619

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.