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Waterfront · Condominium
$1,910,000$765 / sqft
7928 East Dr, North Bay Village FL 33141
Listed
3
Bedrooms
4
Bathrooms
2,498 sqft
Interior
2009
Year built
$2,662 / mo
HOA
Condominium
Type
About this home
Experience the ultimate Miami “Home in the Sky”. This rare 2-story waterfront residence offers the scale, privacy & feel of a single-family home with the convenience of luxury condo living. Designed by renowned architect Kobi Karp, this 3 bed + den, 3.5 bath masterpiece features soaring ceilings, dramatic floor-to-ceiling glass, expansive living & dining areas, breakfast nook, loft/convertible 4th bed & 4 private terraces capturing breathtaking sunrise-to-sunset views. Wake up to dolphins and manatees along the marina & enjoy spectacular water views from nearly every room. Each bedroom offers an en-suite bath & private balcony access. Abundant natural light & an open two-level design create a truly elevated coastal lifestyle. Located at the end of a quiet street surrounded by water, enjoy a resort-style experience with private marina, luxury pool, jacuzzi, fitness center, yoga studio, tennis & basketball courts, 24/7 concierge/security, waterfront walkway, kayak, paddleboard & bike storage, & EV charging stations. Perfectly positioned in North Bay Village, one of Miami’s most exciting waterfront communities with upcoming dining, retail & world-class developments, minutes from Miami Beach, Design District, best schools, airports & top destinations. Don’t miss this rare opportunity to own an extraordinary waterfront retreat in the sky in the area’s last emerging waterfront island communities amid unprecedented growth & redevelopment. Boat docks available for rent or purchase.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Volume Ceilings
- Walk-In Closet(s)
- Den/Library/Office
- Barbeque
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.