7921 East Drive # 8, North Bay Village FL 33141
About this home
Cute one bedroom one bath ground floor residence 741 SF in a quiet two story 20 units art deco building historically designated by Miami Dade County. Bay / ICW waterfront building. Pool. New seawall. New 40 ft deck. Newer paint. Newer gutters. Newer security gates. Unit recently painted throughout. Authentic Mexican tile flooring. Plenty of closet spaces. Mid century bathroom tub and shower combo. New fridge. New kitchen faucet. New shower head. Single lady tenant with quiet shiba inu currently pays $1950 pm rent. Lease expires December 31 2026. Tenant will likely renew another year. If purchaser is going to be owner-occupied call LA for more info. Building is designated a historic site by Miami Dade County
Features
- First Floor Entry
- Chandelier To Be Replaced
- East Of Us1
- Exterior Cat Walk
- Courtyard
- Bay
- Garden View
- Intracoastal View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,391
- HOA
- $619 / 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.
Run the numbers
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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.