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Condominium at 900 Bay Dr # 122, Miami Beach FL 33141Active
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Waterfront · Condominium
$785,000$506 / sqft

900 Bay Dr # 122, Miami Beach FL 33141

2
Bedrooms
2
Bathrooms
1,550 sqft
Interior
1963
Year built
$1,838 / mo
HOA
Condominium
Type

About this home

Move-in ready residence featuring spectacular views and exceptional convenience. This unique 2-bedroom, 2-bath layout offers remarkable flexibility, with the second bedroom located on the second floor and accessible via the first floor. The upper level includes its own independent entrance and can be fully enclosed from the main residence, creating a completely private space ideal for a family member, guest suite, or home office. The main living area on the first floor enjoys direct access to the pool deck without passing through the lobby, offering unmatched ease of access and a true resort-style lifestyle. This unit also has ramp access, making it especially suitable for residents with mobility needs or families with children. Situated in a beautifully maintained building with outstanding views, this residence combines comfort, privacy, and accessibility in one exceptional opportunity. 24-hour doorman, valet, Olympic-sized heated pool, fitness center, marina, indoor kids' playground, bicycle storage, library/bar, party room, lounge, business center, and a rooftop deck — with all utilities included in the maintenance fee, such as electricity, cable, ultra-high-speed fiber optic internet, and more. Additionally, a deeded dock space is available (not included in the price) for your boat, allowing you to truly embrace the Miami lifestyle. Located in Normandy Isles, you are just steps from top restaurants, shops, and the beach.

Features

  • First Floor Entry
  • Second Floor Entry
  • East Of Us1
  • Barbeque
  • Fruit Trees
  • Bay
  • Garden View
  • Pool Area View

Location

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

Estimated loan & HOA

$5,807

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

Principal & interest
$3,969
HOA
$1,838 / 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
Florida Capital Realty

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.