7133 Bay Dr # 705, Miami Beach FL 33141
About this home
Spacious and well-maintained 1-bedroom, 1-bathroom residence in a desirable location. This bright unit features impact windows and a brand-new A/C unit, offering comfort, efficiency, and peace of mind. The building has successfully completed its 40-year recertification and, with no known special assessments currently expected. Conveniently located near shopping, dining, and beaches, this property is ideal as a primary residence, vacation home, or investment opportunity.
Features
- Cooking Island
- Other
- Walk-In Closet(s)
- East Of Us1
- Barbeque
- Open Balcony
- Canal
- Ocean View
- Other View
- Water View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,360
- HOA
- $663 / 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.
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.
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.