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Waterfront · Condominium
$595,000$405 / sqft
1881 79th St Cswy # 401, North Bay Village FL 33141
Listed
2
Bedrooms
3
Bathrooms
1,470 sqft
Interior
2006
Year built
$2,200 / mo
HOA
Condominium
Type
About this home
Breathtaking views, an oversized terrace, and an unbeatable Miami lifestyle await! Discover this unique 2-bedroom, 2-bathroom residence at The Bridgewater in North Bay Village, featuring TWO MASTER SUITES, an open-concept layout, generous closet space, and stunning views of Biscayne Bay, the ocean, and the Miami skyline. Includes an in-unit washer and dryer and TWO ASSIGNED PARKING SPACES. Enjoy resort-style amenities, including a renovated lobby, pool and jacuzzi, fitness center, BBQ area, party room, bayfront walking path, and 24-hour concierge. Ideally located between Miami Beach and Biscayne Boulevard, close to shopping, dining, and entertainment. Seller incentive: Six months of condominium association fees credited to the buyer at closing! Don’t miss this exceptional opportunity to own a piece of Miami
Features
- Lobby
- Fire Sprinklers
- Entrance Foyer
- Split Bedroom
- East Of Us1
- Open Balcony
- Intracoastal View
Leasing
- Minimum lease
- 360 days
- Leases permitted per year
- 1
- No Daily Rentals
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–$5,500.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.