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Waterfront · Condominium
$2,980,000$1,126 / sqft
900 Biscayne Blvd, Miami FL 33132
Listed
3
Bedrooms
4
Bathrooms
2,647 sqft
Interior
2008
Year built
$3,618 / mo
HOA
Condominium
Type
About this home
PH6205 at 900 Biscayne Bay is a flow-through penthouse with 3 bedrooms, 3.5 baths, a private elevator and foyer. Floor-to-ceiling glass showcases sweeping East and West views while three expansive balconies provide the perfect setting for sunrise and sunset views over Biscayne Bay and the Miami skyline Inside, no detail has been overlooked. Custom wood paneling, 48" x 48" Italian porcelain flooring, designer LED lighting, and custom doors create a sophisticated modern aesthetic throughout. The chef's kitchen is appointed with premium Miele appliances, including double dishwashers and a built-in coffee system, a Sub-Zero refrigerator, wine cooler and ice maker. The spacious primary suite offers a luxurious retreat with stunning views, generous closet space, and a spa-inspired bath. Residents enjoy world-class amenities including two resort-style pools, two state-of-the-art fitness centers, a full-service spa featuring sauna, steam room, and cold plunge, a movie theater, newly renovated residents room, outdoor BBQ, valet, and 24-hour security. Two assigned parking spaces are included Located in the heart of Downtown Miami, with easy access to I95 and Miami Beach, is within walking distance to museums, Arscht Center, Kasya Arena, dining, shopping, and Miami World center.
Features
- Closet Cabinetry
- Split Bedroom
- Open Balcony
- Bay
- Water View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Okay To Lease 1st Year
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,000–$11,500.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.