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Waterfront · Condominium
$899,000$477 / sqft
7935 East Dr # 803, North Bay Village FL 33141
Listed
2
Bedrooms
3
Bathrooms
1,884 sqft
Interior
2009
Year built
$2,110 / mo
HOA
Condominium
Type
About this home
Experience luxury in this stunning 2-story flow-through at Cielo on the Bay, a boutique building with only 35 units. Elevator opens to your private foyer, revealing sunlit spaces with panoramic Biscayne Bay views from sunrise to sunset. Upstairs, two bedrooms with en-suite baths offer water vistas—wake up to shimmering bay views from your bed or shower. Enjoy rooftop pool, hot tub, gym, and community room with water views. Features include a private balcony, covered parking with EV charging, community boat dock, and access to the upcoming 9,000 sqft waterfront park, Island Walk. Pet-friendly, in North Bay Village, between Miami and Miami Beach, steps from fine dining and vibrant nightlife. Same day showings possible .
Features
- Lobby
- First Floor Entry
- Cooking Island
- Elevator
- Entrance Foyer
- Split Bedroom
- Walk-In Closet(s)
- Den/Library/Office
- East Of Us1
- Bay
Leasing
- Minimum lease
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,750.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.