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Waterfront · Condominium
$639,000$453 / sqft
7930 East Dr # 1505, North Bay Village FL 33141
Listed
3
Bedrooms
3
Bathrooms
1,410 sqft
Interior
2009
Year built
$2,014 / mo
HOA
Condominium
Type
About this home
Elegantly appointed 1,400 sq. ft. condominium in the prestigious North Bay Village enclave, ideally located just minutes from Miami Beach, Midtown, Downtown, and North Miami. This residence features soaring ceilings and breathtaking panoramic vistas, capturing the westward shimmer of the water against the Miami skyline and the expansive eastern horizon. The spacious master suite is a true sanctuary, complete with an expansive walk-in closet, luxurious ensuite bath, and direct balcony access. The secondary bedroom, designed in a suite-style layout, also enjoys its own east-facing balcony. A generous den offers versatile use as a cozy third bedroom or home office. The unit includes two dedicated parking spaces.
Features
- First Floor Entry
- Open Balcony
- Bay
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,300–$11,900.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.