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Listed
BRAND-NEW CONSTRUCTION | BAY HARBOR ISLANDS — A rare opportunity to own a sophisticated corner residence in the only new building in Bay Harbor Islands ready for occupancy. Residence 503 is ideally positioned high in the sky on the Northwest corner, offering beautiful panoramic bay views and spectacular sunsets. This elegant 3-bedroom, 3.5-bath residence features refined Calacatta porcelain flooring throughout, a sophisticated European kitchen with custom oak cabinetry, and top-of-the-line Bosch appliances. Designed for effortless luxury and modern living, the residence also includes 2 assigned parking and private storage. Enjoy resort-style amenities including a rooftop pool with breathtaking sunset views, summer kitchen and BBQ area—perfect for entertaining and relaxing. Ideally located within walking distance to the beach, parks, shopping and restaurants, and just minutes from the iconic Bal Harbour Shops. A truly exceptional opportunity to experience new-construction luxury in one of Miami’s most exclusive island communities. Easy to show.
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.
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 $3,250–$12,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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