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Waterfront · Condominium
$250,000$390 / sqft
7904 West Dr # 616, North Bay Village FL 33141
Listed
1
Bedrooms
1
Bathrooms
641 sqft
Interior
1963
Year built
$830 / mo
HOA
Condominium
Type
About this home
Move-in ready sixth-floor residence at the Bayshore Yacht & Tennis Club on Biscayne Bay, offered turnkey with furniture included (a few personal items excluded). The spacious living room opens to a breakfast bar and dining area, with a balcony facing the bay where dolphins make the occasional appearance. Tile and vinyl flooring runs throughout the 641-square-foot layout, cooled by window/wall units, framing unobstructed water and downtown Miami skyline views. The waterfront building offers a secured lobby, common laundry, elevator, a bayfront pool, and marina/boat dock access, minutes from Wynwood, the Design District, and Miami Beach via the JFK Causeway. Short-term rentals are currently permitted at the building and city level, an established income angle for investors.
Features
- Lobby
- Other
- East Of Us1
- Barbeque
- Bay
- Pool Area View
- Skyline
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,800.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.