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Waterfront · Condominium
$1,700,000$681 / sqft
7928 EAST DRIVE # 1804, North Bay Village FL 33141
Listed
4
Bedrooms
4
Bathrooms
2,498 sqft
Interior
2009
Year built
$2,662 / mo
HOA
Condominium
Type
About this home
TRUE TROPHY UNIT WITH 20 FOOT CEILINGS, 2,498 LIVING SQFT AND WITH A BOAT SLIP AVAILABLE- 4 Beds |3.5 Baths - This is the kind of place most Miami buyers spend years looking for — a two-story, split-level waterfront residence sitting on the 18th floor of Eloquence on the Bay. The home spans two full levels with soaring ceilings, floor-to-ceiling glass, and four private terraces that capture sunrise over the water and sunset over the city. The open living and dining areas flow naturally, and the loft upstairs works perfectly as a fourth bedroom or private retreat. Every bedroom has its own en-suite bath and private balcony access. Marble and ceramic tile flooring throughout. Dolphins and manatees pass by the marina in the mornings. The water is visible from nearly every room. The building delivers a full resort experience: private marina, luxury pool and jacuzzi, 2-story fitness center, yoga studio, tennis and basketball courts, waterfront walkway, kayak, paddle-board and bike storage, EV charging, and 24/7 concierge and security. Two assigned covered garage spaces included. Tucked at the quiet end of Harbor sland in North Bay Village — one of Miami's last emerging waterfront communities, with new restaurants, retail, and major developments already underway. Minutes from Miami Beach, the Design District, top-rated schools, MIA, and Fort Lauderdale airports. A rare opportunity to own one of Miami's most unique waterfront residences.
Features
- Closet Cabinetry
- Walk-In Closet(s)
- Open Balcony
- Bay
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To 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 4-bed rentals across Miami-Dade, from 124 active listings; the middle half ask $14,000–$33,000.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.