900 Bay Dr 122, Miami Beach, FL 33141 — MLS photo

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900 Bay Dr 122, Miami Beach, FL 33141

Active · Condominium

$785,000

900 Bay Dr 122, Miami Beach, FL 33141

Beds
2
Baths
2
Living area
1,550 sq ft
$ / sq ft
$506/sq ft
Year built
1963
Lot size
—
HOA fee
$1,838 Monthly
Annual tax
$8,129

About this property

Move-in ready residence featuring spectacular views and exceptional convenience. This unique 2-bedroom, 2-bath layout offers remarkable flexibility, with the second bedroom located on the second floor and accessible via the first floor. The upper level includes its own independent entrance and can be fully enclosed from the main residence, creating a completely private space ideal for a family member, guest suite, or home office. The main living area on the first floor enjoys direct access to the pool deck without passing through the lobby, offering unmatched ease of access and a true resort-style lifestyle. This unit also has ramp access, making it especially suitable for residents with mobility needs or families with children. Situated in a beautifully maintained building with outstanding views, this residence combines comfort, privacy, and accessibility in one exceptional opportunity. 24-hour doorman, valet, Olympic-sized heated pool, fitness center, marina, indoor kids' playground, bicycle storage, library/bar, party room, lounge, business center, and a rooftop deck — with all utilities included in the maintenance fee, such as electricity, cable, ultra-high-speed fiber optic internet, and more. Additionally, a deeded dock space is available (not included in the price) for your boat, allowing you to truly embrace the Miami lifestyle. Located in Normandy Isles, you are just steps from top restaurants, shops, and the beach.

Property location

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900 Bay Dr 122, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,550 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
None
Interior features
Bedroom On Main Level, Second Floor Entry, First Floor Entry, Bar

Exterior & Structure

Property type
Condominium
Year built
1963
Stories
11
Construction
Brick, Block
Exterior features
Awnings, Barbecue, Fruit Trees, Security High Impact Doors, Porch
Pool
Heated
Waterfront
Bayfront, Canal Access, Navigable Water, Seawall
View
Bay, Garden, Pool

Parking

Garage spaces
2
Covered spaces
2
Parking features
Valet

HOA, Community & Financials

Association fee
$1,838 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Electricity, Hot Water, Insurance, Internet, Pest Control, Pools, Sewer, Trash, Water
Amenities
Boat Dock, Billiard Room, Marina, Bike Storage, Fitness Center, Laundry, Library, Barbecue, Picnic Area, Pier, Playground, Pool, Storage, Trash
Security
Complex Fenced, Door Man, Lobby Secured, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$8,129
Subdivision
KING COLE CONDO
County
Miami-Dade
Days on market
0
MLS listing ID
A12031848
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

-$2,241

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.2%
Gross yield
7.6%
Mortgage payment
$3,721/mo
Down payment
$196,250
Loan amount
$588,750
Annual NOI
$17,769

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