All listings
Active
Active1 / 27
Photo 1 of 27
Waterfront · Condominium
$200,000$347 / sqft
1865 79th St Cswy # 15F, North Bay Village FL 33141
Listed
0
Bedrooms
1
Bathrooms
577 sqft
Interior
1952
Year built
$562 / mo
HOA
Condominium
Type
About this home
Waterfront Living in Miami's Next Chapter. Wake up to sweeping views of Biscayne Bay and the Miami skyline in this bright, loft-style condo minutes from the beach. Private balcony, open kitchen with new appliances, marble floors, assigned parking. The building offers a heated bay-front pool, gym, activity room, and laundry on every floor. Currently rented at $2,000/month through January 2027 — turnkey opportunity for investors. The location is the story. North Bay Village sits on three private islands between Miami Beach and the mainland, in the middle of a generational transformation. Over $2 billion in new development is reshaping the waterfront — the Ritz-Carlton Residences (Related/Macklowe), Continuum Club & Residences, Shoma Bay with a flagship Publix, and the El-Ad bayfront tower — bringing 3,000+ new luxury homes, a marina district, and a hotel to a community of just over one square mile. 10 minutes to South Beach. 15 to Brickell, Wynwood, and the Design District. 20 to MIA. Public transit and the free trolley at your door. This is the moment before the moment. Pre-construction at the new towers starts above $1M. Owning here today means the same bay, the same skyline, the same neighborhood, at a fraction of tomorrow's price.
Features
- Lobby
- Fire Sprinklers
- Walk-In Closet(s)
- Open Balcony
- Pool Area View
- Skyline
- Water 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 studio rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,000.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.