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Condominium
$329,000$554 / sqft
1900 N Bayshore Drive # 1705, Miami FL 33132
Listed
0
Bedrooms
1
Bathrooms
594 sqft
Interior
2007
Year built
$535 / mo
HOA
Condominium
Type
About this home
Exceptional investment opportunity at Quantum on the Bay! This tenant-occupied studio is currently generating $2,000 per month—$24,000 in annual gross rental income—providing immediate income from day one. Located on the 17th floor, this spacious 594-square-foot residence features an open layout, one full bathroom, abundant natural light, and a modern kitchen with stainless-steel appliances. Quantum on the Bay is a full-service waterfront condominium in Miami's desirable Edgewater neighborhood, directly across from Margaret Pace Park and minutes from Downtown Miami, Brickell, Wynwood, the Design District, Miami Beach, Kaseya Center, shopping, dining, and entertainment. Ideal for an investor seeking a centrally located Miami property with an established tenant and immediate rental income. Buyer must assume the existing lease.
Features
- Interior Hall
- Lobby
- Elevator
- Entrance Foyer
- Pantry
- Volume Ceilings
- Studio Apartment
- East Of Us1
- Other
- Bay
- City Lights
- Pool
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 studio rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,000.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.