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Condominium at 7133 Bay Dr # 305, Miami Beach FL 33141Active
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Waterfront · Condominium
$249,000$277 / sqft

7133 Bay Dr # 305, Miami Beach FL 33141

1
Bedrooms
1
Bathrooms
900 sqft
Interior
1969
Year built
$797 / mo
HOA
Condominium
Type

About this home

Spacious residence offering comfortable living in a desirable Bay Drive location. This unit features an open layout concept with abundant natural light, impact windows, generous living and dining areas, and a private balcony ideal for relaxing or entertaining. The kitchen provides ample cabinetry and counter space, while the bedroom offers good size and storage. Enjoy a well-kept building with convenient amenities and a prime location near shopping, dining, major roadways, and local waterfront attractions. Perfect for an end user looking for a centrally located bayfront community. Association has reserves.

Features

  • Lobby
  • Walk-In Closet(s)
  • East Of Us1
  • Exterior Cat Walk
  • Other
  • Canal
  • Intracoastal View
  • Pool Area View

Location

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

Estimated loan & HOA

$2,056

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

Principal & interest
$1,259
HOA
$797 / 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.