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Condominium at 2016 Bay Dr # 808, Miami Beach FL 33141Pending
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Waterfront · Condominium
$395,000$359 / sqft

2016 Bay Dr # 808, Miami Beach FL 33141

2
Bedrooms
2
Bathrooms
1,100 sqft
Interior
1966
Year built
$1,224 / mo
HOA
Condominium
Type

About this home

Spacious 2-bedroom, 2-bathroom condominium offering a well-designed floor plan in a desirable Miami Beach location. This unfurnished residence features an open living and dining area with abundant natural light, a split-bedroom layout for enhanced privacy, and generously sized bedrooms with ample closet space. Enjoy your private balcony overlooking tranquil water views, the perfect setting to take in Miami Beach's spectacular sunsets and unwind at the end of the day. The unit also includes an assigned parking space for added convenience. Ideally situated near beaches, shopping, dining, parks, and major thoroughfares, this property offers an exceptional opportunity as a primary residence, second home, or investment. Experience the best of Miami Beach living with beautiful waterfront scenery, breathtaking evening sunsets, and easy access to everything the area has to offer.

Features

  • Elevator
  • Open Balcony
  • Bay

Location

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

Estimated loan & HOA

$3,221

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

Principal & interest
$1,997
HOA
$1,224 / 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
Fortune Christie's International Real Estate

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.