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Waterfront · Condominium
$1,750,000$701 / sqft

7928 East Drive # 106, North Bay Village FL 33141

4
Bedrooms
4
Bathrooms
2,496 sqft
Interior
2009
Year built
$2,659 / mo
HOA
Condominium
Type

About this home

A rare offering at Eloquence on the Bay, this two-story waterfront residence delivers the privacy and scale of a single-family home within a discreet condominium setting. With only one shared wall, the home lives quietly and independently, an uncommon quality along the waterfront. Interiors open to a private backyard and expansive patio, creating a seamless connection to the outdoors just moments from the water's edge. Positioned alongside the pool and near the marina, a boat slip is available for purchase, allowing for effortless access to open water. Thoughtfully arranged across two levels, the residence offers a calm, understated approach to coastal living designed for those who value privacy, simplicity, and quiet sophistication.

Features

  • First Floor Entry
  • Walk-In Closet(s)
  • Bay

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$11,508

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$8,849
HOA
$2,659 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Miami Portfolio Collection

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.