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Waterfront · Condominium
$589,000$507 / sqft
1900 N Bayshore Dr # 1518, Miami FL 33132
Listed
2
Bedrooms
3
Bathrooms
1,162 sqft
Interior
2008
Year built
$1,230 / mo
HOA
Condominium
Type
About this home
A place to come home, exhale, and enjoy the best of Miami every day. Welcome to Quantum on the Bay #1518, a spacious corner 2-bedroom, 2.5-bath condo in Edgewater Miami. Filled with natural light, each bedroom features its own ensuite bathroom and walk-in closet. The residence also includes a separate guest bathroom, all bathrooms just updated, dedicated laundry closet, and a nearly 300 sq ft private terrace with gorgeous sunset views and plenty of room to relax or entertain. Directly across from Margaret Pace Park on Biscayne Bay, enjoy green space, dog areas, sports and fitness amenities, bayfront paths, farmers market mornings, and nearby kayak and paddleboard rentals. Close to Midtown Miami, the Design District, Wynwood, Downtown Miami, Miami Beach, I-95, Miami International Airport, the Adrienne Arsht Center, and PAMM. Quantum on the Bay offers 24/7 concierge and security, valet, two pools, a two-story fitness center, sauna, club and lounge spaces, theater room, and convenient ground-level retail. Ideal for buyers searching for an Edgewater Miami condo for sale, a 2-bedroom corner condo near Margaret Pace Park, a Miami bayfront residence with sunset views, or a home convenient to Midtown, Wynwood, the Design District, Downtown Miami and Miami Beach. Quantum #1518 combines location, outdoor space, newly renovated bathrooms and full-service amenities in one of Miami’s most desirable waterfront neighborhoods.
Features
- First Floor Entry
- Cooking Island
- Elevator
- Fire Sprinklers
- Entrance Foyer
- Split Bedroom
- Walk-In Closet(s)
- Family Room
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 $2,350–$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.