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Condominium at 900 Bay Dr, Miami Beach FL 33141Active
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Waterfront · Condominium
$2,500,000$784 / sqft

900 Bay Dr, Miami Beach FL 33141

4
Bedrooms
3
Bathrooms
3,189 sqft
Interior
1963
Year built
$3,234 / mo
HOA
Condominium
Type

About this home

Coastal Chic! A boater's paradise & rare opportunity to own one of the most celebrated residences within the legendary King Cole. Spanning approximately 3,200 SF, this extraordinary corner waterfront home features an expansive open floor plan, floor-to-ceiling impact glass, & over 120 feet of wraparound terraces overlooking the Intracoastal Waterway, city skyline, & glimpses of the Atlantic Ocean. Seamless indoor-outdoor living creates an atmosphere reminiscent of a private waterfront villa. Designed for effortless entertaining, the open chef's kitchen flows into the generous living & dining areas, while every bedroom enjoys water views & direct terrace access. The oversized primary suite offers dual walk-in closets, dual vanities, a steam room, & a spa-inspired bath with a jacuzzi tub featuring light therapy & a separate shower. A true boater's paradise, the building sits on approximately 2.5 acres of waterfront grounds & features a private marina with dock slips available for purchase or lease, accommodating vessels up to 75 feet. Whether heading out on Biscayne Bay or enjoying a sunset cruise, few residences offer this level of boating convenience. Residents enjoy valet, doorman, fitness center, party room, waterfront pool, & marina. Located on Normandy Isle, just three blocks from the beach, the residence is moments from Normandy Shores Golf Club, the Miami Beach Bandshell, Bal Harbour Shops, restaurants, shopping, & North Beach.

Features

  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Other
  • Pantry
  • East Of Us1
  • Open Balcony
  • Bay
  • Other View
  • Pool Area View
  • Water View

Location

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

Estimated loan & HOA

$15,875

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

Principal & interest
$12,641
HOA
$3,234 / 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
Compass Florida, LLC

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.