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Active
Waterfront · Condominium
$450,000$392 / sqft

900 Bay Dr # 606, Miami Beach FL 33141

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

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$3,654

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,275
HOA
$1,379 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Compass Florida, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.