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Waterfront · Condominium
$299,000$360 / sqft
11930 N Bayshore Dr # 1405, North Miami FL 33181
Listed
1
Bedrooms
2
Bathrooms
831 sqft
Interior
1969
Year built
None
HOA
Condominium
Type
About this home
Spectacular high-floor views define this 831 SF, 1-bedroom, 1.5-bath residence at Majorca Towers. From Unit 1405, enjoy sweeping views across Biscayne Bay with distant ocean glimpses through the Miami Beach skyline. Step onto the private balcony and take in the water, passing boats, sunrises and the South Florida skyline from an exceptional 14th-floor vantage point. Hurricane-impact glass and tile floors throughout; the original kitchen and baths offer a wonderful opportunity to renovate and create exactly what you want without paying for someone else's choices. There are an amazing amount of closet spaces, 3 in the bedroom, one in the foyer and one in the dining room. Vacant and ready to sell in a beautifully maintained waterfront building with a heated bayfront pool, fitness center, clubroom, game room, BBQ area, secured lobby, assigned parking and community boat dock subject to association rules and availability. An ideal full-time residence or easy South Florida getaway, close to Bal Harbour and the beaches, with an abundance of restaurants, shopping and houses of worship within walking or biking distance or just minutes by car. Bike to the beach, head out for dinner, or simply stay home and enjoy one of the best features of this unit—the view. Select photos have been virtually staged with period-inspired furnishings, artwork and décor; no permanent features or finishes have been digitally altered.
Features
- Interior Hall
- Custom Mirrors
- East Of Us1
- Open Balcony
- Bay
- Ocean View
Leasing
- Minimum 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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,400.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.