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Waterfront · Condominium
$450,000$392 / sqft
900 Bay Dr # 606, Miami Beach FL 33141
Listed
1
Bedrooms
2
Bathrooms
1,147 sqft
Interior
1963
Year built
$1,379 / mo
HOA
Condominium
Type
About this home
Experience the ultimate Miami Beach lifestyle at King Cole Condominium with this stunning waterfront residence offering breathtaking panoramic views of the Intracoastal, Allison Island, La Gorce Island, Biscayne Bay, and the Miami Beach skyline through expansive floor to ceiling windows. This spacious 1 bedroom + den/office/second room with 2 full bathroom residence features a large private balcony that feels like an extension of the living space perfect for relaxing or entertaining while enjoying the spectacular sunrise and waterfront scenery. The thoughtfully designed floor plan includes an oversized primary suite with a generous walk in closet, an additional space ideal for a home office or den, a newer kitchen, abundant closet space, and hurricane shutters. One valet parking space is included. Enjoy resort style living with luxury amenities including 24 hour valet and doorman service, heated bayfront pool, fitness center, lounge and party room, children’s playroom, bar area, kayak and bicycle storage, and more. Ideally located just moments from the beach, fine dining, local shops, supermarkets, and everything Miami Beach has to offer. All current assessments will been paid by the owner. Easy to show.
Features
- Interior Hall
- Walk-In Closet(s)
- Open Balcony
- Bay
- Intracoastal View
- Pool Area View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
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 $2,300–$3,850.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.