900 Bay Dr 606, Miami Beach, FL 33141 — MLS photo

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900 Bay Dr 606, Miami Beach, FL 33141

Active · Condominium

$450,000

900 Bay Dr 606, Miami Beach, FL 33141

Beds
1
Baths
2
Living area
1,147 sq ft
$ / sq ft
$392/sq ft
Year built
1963
Lot size
—
HOA fee
$1,379
Annual tax
—

About this property

Experience the ultimate Miami Beach lifestyle at King Cole Condominium with this stunning waterfront residence offering breathtaking panoramic views of the Intracoastal, Allison Island, La Gorce Island, Biscayne Bay, and the Miami Beach skyline through expansive floor to ceiling windows. This spacious 1 bedroom + den/office/second room with 2 full bathroom residence features a large private balcony that feels like an extension of the living space perfect for relaxing or entertaining while enjoying the spectacular sunrise and waterfront scenery. The thoughtfully designed floor plan includes an oversized primary suite with a generous walk in closet, an additional space ideal for a home office or den, a newer kitchen, abundant closet space, and hurricane shutters. One valet parking space is included. Enjoy resort style living with luxury amenities including 24 hour valet and doorman service, heated bayfront pool, fitness center, lounge and party room, children’s playroom, bar area, kayak and bicycle storage, and more. Ideally located just moments from the beach, fine dining, local shops, supermarkets, and everything Miami Beach has to offer. All current assessments will been paid by the owner. Easy to show.

Property location

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900 Bay Dr 606, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,147 sq ft

Exterior & Structure

Property type
Condominium
Year built
1963

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,379
County
Miami-Dade
MLS listing ID
A12024304
Listing status
Active

Investment intelligence

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

Estimated monthly cash flow

-$1,515

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.4%
Gross yield
8.8%
Mortgage payment
$2,133/mo
Down payment
$112,500
Loan amount
$337,500
Annual NOI
$7,414

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