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Waterfront · Condominium
$295,000$399 / sqft
7904 West Dr # 901, North Bay Village FL 33141
Listed
1
Bedrooms
1
Bathrooms
739 sqft
Interior
1963
Year built
$698 / mo
HOA
Condominium
Type
About this home
Experience the best of Miami waterfront living in this oversized 1-bedroom, 1-bath corner residence located on the 9th floor in North Bay Village. Unlike standard layouts, this full-size unit offers expanded interior space and unobstructed, panoramic views of Biscayne Bay and the Miami skyline. Bathed in natural light, the unit features an open layout with endless potential to personalize. Whether you're looking for a serene primary residence or a high-potential investment, this property delivers. The surrounding area is undergoing a major revitalization, with several luxury developments already underway—positioning this unit for excellent future appreciation. A rare opportunity to own a corner waterfront unit with incredible upside in one of Miami’s fastest-growing communities.
Features
- Other
- East Of Us1
- Open Balcony
- Bay
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
- Ok To Lease
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.
Location
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,800.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.