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2
Bedrooms
2
Bathrooms
965 sqft
Interior
2018
Year built
$499 / mo
HOA
Condominium
Type
About this home
Miami Design District Townhomes at One Bay Residences. One Bay is a small luxury townhome community with only 38 residences, tucked inside a lushly landscaped enclave east of Biscayne Boulevard and just a short walk to the Miami Design District. This 965sq. ft. 2-bedroom townhome offers the rare combination of both a private garage and direct-entry ground floor living. What makes One Bay special is that it lives much more like a single-family home than a typical condo. There are no elevators, no parking garages, and no long hallways. You park in your own private garage and walk directly into your own home. The community is quiet, residential, and mostly owner-occupied, with a much less transient feel than many Miami buildings. Monthly maintenance is only about $499, which is unheard of for a newer, high-end community in this location. One Bay offers privacy, low carrying costs, a true neighborhood feel, and an unbeatable location just steps from the Design District and minutes from Midtown, Wynwood, Downtown, Brickell, and Biscayne Bay.
Features
- First Floor Entry
- Split Bedroom
- Walk-In Closet(s)
- East Of Us1
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
- Ok To Lease
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.