Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,101 sq ft
- Flooring
- Porcelain Tile
- Appliances
- Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Cooling
- Central Air
- Heating
- Electric
Active · Condominium
$450,000
7125 Bay Dr 506, Miami Beach, FL 33141
- Beds
- 2
- Baths
- 2
- Living area
- 1,101 sq ft
- $ / sq ft
- $409/sq ft
- Year built
- 1986
- Lot size
- —
- HOA fee
- $680 Monthly
- Annual tax
- $4,901
About this property
Immaculate! Completely remodeled. Balcony with water views. Just steps from the beach. Close to supermarkets and schools. In the fastest-growing area of Miami Beach, with new luxurious residences under construction. A MUST-SEE! YOU'LL LOVE IT! DON'T MISS THIS OPPORTUNITY TO BUY LOW PRICES IN THIS LUXURY AREA. !
Property location
Get Directions7125 Bay Dr 506, Miami Beach, FL 33141
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1986
- Stories
- 5
- Construction
- Block
- Exterior features
- Balcony
- Pool
- Association
- Waterfront
- Canal Front
- View
- Canal, Water
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- Assigned, Covered, Underground
HOA, Community & Financials
- Association fee
- $680 Monthly
- Fee inclusions
- Association Management, Common Areas, Maintenance Grounds, Roof, Sewer, Trash, Water
- Amenities
- Pool, Trash, Elevators
- Security
- Complex Fenced, Elevator Secured, Secured Garage Parking, Smoke Detectors
- Pets allowed
- Size Limit, Yes
- Annual tax
- $4,901
- Subdivision
- BAY PLAZA CONDO
- County
- Miami-Dade
- Days on market
- 67
- MLS listing ID
- A11998463
- Listing status
- Active
Virtual tour
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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
-$587
- Cap rate
- 4.1%
- Net yield
- 4.1%
- Cash-on-cash return
- -5.6%
- Gross yield
- 8.6%
- Mortgage payment
- $2,133/mo
- Down payment
- $112,500
- Loan amount
- $337,500
- Annual NOI
- $18,554
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.