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Listed
Caravelle #6D is an oversized canvas with remarkably large rooms and gorgeous tropical views. This 3 bedroom corner unit is just $995,000 for 2,428 square feet! Beautiful south facing views of Indian Creek and the Miami Beach skyline as well as the bridge to the world famous Billionaire Bunker! Once in a lifetime chance to get in on one of America's most coveted neighborhoods for a tiny fraction of new construction prices! Sellers have already completed the expensive improvements: All impact glass, electrical work and A/C units are new! Make your bespoke designer dreams to come true. This unit was owned by the original builder and features a low maintenance fee, special closet build-outs, and a hidden pantry perfect for a workshop, hobby storage or whatever. 28' foot long balcony features new telescoping impact sliders and extra depth perfect for alfresco dining. 10 New windows provide extra fresh air and light! Large eat in kitchen. Oversized, first floor, private storage included. The Caravelle was solidly built and is remarkably quiet. In Unit Washer & dryers allowed as are certified pets. Classic building upgrades include refurbished lobby, social room, hallways, 2 elevators, New Roof, Building wide electrical upgrade, EV car charger, updated gym, pool furniture, grills, and storm doors. This is your opportunity to live in Bal Harbour/Bay Harbor and enjoy the turquoise waters and white sandy beaches along with world famous shopping and dining! No RENTING First 2 years.
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 across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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