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Waterfront · Condominium
$1,175,000$615 / sqft
7935 East Dr # 1401, North Bay Village FL 33141
Listed
3
Bedrooms
3
Bathrooms
1,910 sqft
Interior
2009
Year built
$2,288 / mo
HOA
Condominium
Type
About this home
Experience waterfront living from this spacious 1,910 SF corner residence at Cielo on the Bay. This beautifully maintained 3-bedroom, 3-bath home is surrounded by expansive glass, filling the interior with natural light and offering impressive Biscayne Bay views from every room. A private elevator opens directly into your own foyer, leading to a bright, open floor plan with spacious living and dining areas and an open kitchen. The large primary suite offers generous closet space, including a walk-in closet. Large sliding glass doors extend the living space to two private balconies, including an oversized main terrace perfect for enjoying the bay views and Miami sunsets. The corner configuration provides multiple exposures, added privacy, and a wonderful sense of openness throughout. Two assigned parking spaces are included. Cielo on the Bay offers a rooftop pool and jacuzzi with panoramic views, fitness center, steam room, community room, and a convenient boat launch/drop-off dock. Centrally located in North Bay Village with easy access to Miami Beach, Bal Harbour, the Design District, and the mainland. A spacious waterfront residence combining privacy, exceptional views, and the best of Miami waterfront living.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Elevator
- Fire Sprinklers
- East Of Us1
- Bay
- Intracoastal View
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.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.