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Waterfront · Condominium
$424,900$378 / sqft
11930 N Bayshore Dr # 704, North Miami FL 33181
Listed
2
Bedrooms
2
Bathrooms
1,124 sqft
Interior
1969
Year built
$1,039 / mo
HOA
Condominium
Type
About this home
!!!OWNER FINANCING WITH 30%DOWN!!!PERFECTLY POSITIONED RIGHT ON BISCAYNE BAY, Million-Dollar Views Without the Million-Dollar Price Tag! breathtaking panoramic views of Biscayne Bay from this 2-bedroom, 2-bath residence in Majorca Towers. BOAT DOCKS FOR RENT ( subject to availability) Situated on the 7th floor,The open layout features updated flooring throughout, a modern kitchen with stainless steel appliances, generous storage, and abundant natural light. The primary suite offers water views and an en-suite bath, while the second bedroom, which also has direct water views, provides flexibility for guests, a home office, or additional living space. Enjoy morning coffee or sunsets from your private balcony overlooking Biscayne Bay. Perfectly positioned directly on Biscayne Bay, this residence enjoys rare unobstructed open-water views with no intervening land, creating the feeling of living directly over the water. Majorca Towers is a gated waterfront community, Majorca Towers is a gated waterfront community offering secured entry, waterfront amenities, community spaces, and a prime North Miami location just minutes from Bal Harbour, Surfside, Miami Beach, Aventura, restaurants, shopping, and major highways !!! OWNER FINANCING WITH 30%DOWN !!!
Features
- Pantry
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Bay
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Lease-1st Year Owned
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.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.