900 Bay Dr, Miami Beach FL 33141
About this home
DOCK INCLUDED! Rare opportunity to own a flexible, high-floor residence in the iconic King Cole on Miami Beach. Complete with a deeded boat dock (DS14) accommodating up to a 70-foot vessel. For boaters, this combination at this price point is virtually impossible to find on Miami Beach. Unit #1005 offers sweeping bay and city views from the 10th floor, floor-to-ceiling windows, and a versatile layout currently configured as a 1-bedroom plus DEN that could be used as a guest room or dining room. The choice is yours. King Cole is a full-service building featuring an Olympic sized Bayfront pool, fitness center, 24-hour security and valet, and a children's playroom all set on the southeastern tip of Normandy Isle. Walk to the beach, North Beach dining, and boutique shops, while staying minutes from South Beach, Bal Harbor, and MIA. Docks are trading for more than $300k. This is a great opportunity. HOA for the unit is $1378/mo and for the dock is $312/ mo = $1690 total
Features
- Walk-In Closet(s)
- East Of Us1
- Bay
- Intracoastal View
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,160
- HOA
- $1,690 / 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.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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.
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.