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Waterfront · Condominium
$405,018$348 / sqft
11930 N Bayshore Dr # 502, North Miami FL 33181
Listed
2
Bedrooms
2
Bathrooms
1,165 sqft
Interior
1969
Year built
$1,159 / mo
HOA
Condominium
Type
About this home
Experience the best views of Indian Creek from this expansive apartment in the luxury Mallorca building. Watch dolphins swim right by from your private balcony, the waterfront BBQ area, or while lounging at the pool that perfectly overlooks $100 million estates. Located immediately adjacent to the Continuum 1200 project (where units start at $1.5 million), this represents an exceptional lifestyle and investment opportunity in an up-and-coming area. Unit Features: 2 Bedrooms, 2 Bathrooms Kitchen with an eat-in dining area Formal dining space and large living room Walk-in pantry and generous linen closets 1 covered parking space First-Class Amenities: Marina spaces available for residents Waterfront BBQ area State-of-the-art gym with the latest machines, overlooking the water and Indian Creek Expansive party room accommodating over 200 guests, complete with a full kitchen Ping pong and recreation areas 24-hour security and concierge Dedicated on-site management Prime Location: Perfectly situated halfway between both major airports. You are just 10 minutes from the beach and 10 minutes from world-class shopping at Bal Harbour Shops. Buy now and make this your home forever. Great unit to remodel to your liking. Seller will pay off condominium's special assessment balance at closing
Features
- Cooking Island
- Pantry
- Walk-In Closet(s)
- East Of Us1
- Barbeque
- Courtyard
- Other
- Intracoastal View
- Ocean View
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,350–$5,750.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.