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Waterfront · Condominium
$449,000$418 / sqft
900 Bay Dr, Miami Beach FL 33141
Listed
1
Bedrooms
2
Bathrooms
1,075 sqft
Interior
1963
Year built
$100 / mo
HOA
Condominium
Type
About this home
Warm and Inspiring direct water views. Magnificent high floor with panoramic eastern water view in the prestigious King Cole building! Floor to ceiling impact glass windows. Spacious & luminous, Luxury service, doorman & valet 24/7, olympic size heated pool, gym and marina. Maintenance includes all electric, water, internet (250MB) cable TV and one parking space using valet, 2nd car $75 a month. Unit has impact windows and electrical shades.We are selling unit 716 next door as well so you can combine both units. Dock slips #10 (50 x 15 ft) & #18 (65 X 20 ft) available as well. Waking distance to houses of worship, the beach, restaurants, supermarkets and shops.
Features
- Walk-In Closet(s)
- Other
- Bay
- Ocean View
- Skyline
- Water View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
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
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.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.