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Waterfront · Condominium
$535,000$428 / sqft
7900 Harbor Island Dr # 705, North Bay Village FL 33141
Listed
2
Bedrooms
2
Bathrooms
1,251 sqft
Interior
2007
Year built
$893 / mo
HOA
Condominium
Type
About this home
Waterfront unit - most desirable "05" line in the building, featuring unobstructed east-facing views of beautiful Biscayne Bay. This 2-bedroom, 2-bath residence in the exclusive gated 360 Condominium offers ash-toned laminate flooring throughout, granite countertops, stainless steel appliances, impact windows and doors, and a spacious private balcony perfect for enjoying breathtaking sunrises and the bay breeze. Resort-style amenities include 24-hour security, concierge, two heated pools, Jacuzzi, fitness center, sauna, private marina, kayak launch, clubhouse, EV charging stations, guest parking, and complimentary valet. A perfect waterfront retreat in the heart of North Bay Village. As-Is Sale.
Features
- Walk-In Closet(s)
- Open Balcony
- Bay
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 4
- No Daily Rentals
- Okay To Lease 1st Year
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
Approximate — shows the building, not the unit.
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.