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Waterfront · Condominium
$3,375,000$1,323 / sqft
1930 Bay Dr # 2, Miami Beach FL 33141
Listed
3
Bedrooms
4
Bathrooms
2,551 sqft
Interior
2024
Year built
$2,440 / mo
HOA
Condominium
Type
About this home
Welcome to one of Miami beach's most exclusive waterfront addresses; an exceptionally rare full-floor bayfront residence, with only four private residences in the entire building. Crafted by renowned Sabal Luxury Builder, this newly constructed architectural masterpiece offers an unparalleled level of privacy, prestige, and waterfront living rarely available in today’s market. Positioned on the 3rd Floor directly on Biscayne Bay, this trophy residence captures breathtaking panoramic views of the Downtown Miami skyline, Miami Beach, and endless open water vistas. Arrive via your private elevator & step into 2,551 SFT of impeccably curated living space, where floor-to-ceiling glass walls frame the surrounding waterfront. An integrated smart-home sound system, electric window treatments create an effortless blend of sophistication and comfort. Designed for those who appreciate seamless indoor-outdoor living, the residence opens to an extraordinary private waterfront terrace, an irreplaceable entertaining venue with front row seats to Miami’s legendary sunsets. The chef's Italian kitchen showcases premium appliances, an oversized gathering island, and elegant custom cabinetry, while every bedroom serves as a private retreat featuring its own en-suite bath and secluded terrace. Boutique luxury amenities include a state-of-the-art fitness center, jacuzzi, secure covered parking. Ideally located on Normandy Isles, just moments from Bal Harbour Shops & world class dining!!
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Custom Mirrors
- Elevator
- Fire Sprinklers
- Entrance Foyer
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 3-bed rentals in Miami Beach, from 103 active listings; the middle half ask $9,500–$39,200.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.