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Waterfront · Condominium
$200,000$505 / sqft
7904 West Dr # 111, North Bay Village FL 33141
Listed
0
Bedrooms
1
Bathrooms
396 sqft
Interior
1963
Year built
$562 / mo
HOA
Condominium
Type
About this home
Beautiful studio in North Bay Village can be rented as AIRBNB w/a city license The Association allows 30 days Leases without the need of a license . The building is 10 min away from the beach and 15 min from the Aventura Mall. Unit is located on the pool Deck level, the balcony sliding high window offering views of the intercostal Bay and gives you access to the pool deck The unit is fully renovated with a ceramic tiles and lots of closed space 24-hours concierge service, parking, marina with a boat docks are available; Jets skis and boats are available for rent The building is pets -friendly and there is pet grooming store on the premises Enjoy the stunning bay views and sunset from this incredible vantage point.
Features
- Other
- Open Balcony
- Bay
- Intracoastal View
- Pool Area View
- Water View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Daily Rentals Allowed
- Ok To Lease
The leasing terms stated for this listing contradict each other. They all come from one MLS record and none of them overrides another — confirm with the association before relying on any of them.
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 studio rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,000.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.