$350,000
$50K PRICE DROP

Estimated payment $2,805/month

Total Views 3,442
2 Beds
1 Bath
763 Sq Ft
$459 Price per Sq Ft

Highlights

  • Private Dock
  • Intercom to Front Desk
  • Wood Flooring
  • Property fronts an intracoastal waterway
  • RV or Boat Parking
  • Main Floor Bedroom

About This Home

Rare Investor Opportunity with Dock Space – Coastal Miami Living! A truly rare offering for investors: secure a leased 1BD + den apartment with a market-rate tenant and the option to lease one of only six private boat slips—accommodating vessels up to 44 feet. Just a half-mile from the beach, this boutique building has recently completed its 40-year recertification along with a brand-new seawall and dock. Apartment features: New kitchen appliances, renovated bathroom, skim-coated walls and ceilings, Florida pine hardwood floors, cedar-lined closets, designer lighting, and a spacious terrace with views of Biscayne Bay. Building amenities include a laundry room, kayak storage, and a secure bike area. With a local market, bars, and restaurants steps away, this is classic Miami coastal living.

Listing Agent

Michael Carioti

Direct Real Estate License #3355424 Listed on: 02/04/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,831

Year Built

  • Built in 1948

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor

HOA Fees

  • $553 Monthly HOA Fees

Property Views

  • Intracoastal
  • Bay
  • Pool

Interior Spaces

  • 763 Sq Ft Home
  • 3-Story Property
  • Electric Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Parking Available
  • On-Street Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Boat Lock
  • Private Dock
  • Balcony
  • Courtyard
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-10-049-0200

Community Details

Overview

  • Low-Rise Condominium
  • Bay Drive Condo
  • Bay Drive Condo Subdivision

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Bike Room

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,831

Year Built

Built in 1948

Lot Details

0

HOA Fees

$553 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlock,Dock Available,Private Dock, Boat Lock,Dock Available,Parking,Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: BAY DRIVE CONDO
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 763
  • Stories: 3
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Bay, Intracoastal View, Pool Area View
  • Exterior Features: None, Courtyard, Open Balcony
  • Construction Type: Other
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BAY DRIVE CONDO
  • Open Parking: Yes
  • Parking Features: Rv/Boat Parking, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 553
  • Amenities: Bike Storage, Boat Dock, Laundry, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-10-049-0200

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3831

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,831 $207,660 -- --
2024 $3,243 $188,782 -- --
2023 $3,243 $171,620 $0 $0
2022 $2,753 $137,336 $0 $0
2021 $2,438 $124,851 $0 $0
2020 $2,386 $140,000 $0 $0
2019 $2,388 $157,500 $0 $0
2018 $2,311 $175,000 $0 $0
2017 $2,149 $85,276 $0 $0
2016 $2,005 $77,524 $0 $0
2015 $1,713 $70,477 $0 $0
2014 $1,302 $64,070 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Price Changed $350,000 -6.7% $459 / Sq Ft
02/22/2025 02/22/25 Price Changed $375,000 -6.3% $491 / Sq Ft
02/04/2025 02/04/25 For Sale $400,000 +90.5% $524 / Sq Ft
03/08/2022 03/08/22 Sold $210,000 -10.6% $275 / Sq Ft
11/05/2021 11/05/21 For Sale $235,000 0.0% $308 / Sq Ft
04/05/2021 04/05/21 Rented $1,350 -6.9% --
11/09/2020 11/09/20 Price Changed $1,450 -3.3% $2 / Sq Ft
10/30/2020 10/30/20 For Rent $1,500 +7.1% --
12/21/2014 12/21/14 Rented $1,400 -6.7% --
12/21/2014 12/21/14 For Rent $1,500 +36.4% --
08/20/2012 08/20/12 Rented $1,100 -4.3% --
08/20/2012 08/20/12 For Rent $1,150 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Alvarez Law Group
Warranty Deed $246,000 None Available
Interfamily Deed Transfer -- --
Warranty Deed $140,000 --
Quit Claim Deed -- --
Warranty Deed $51,500 --
Deed $100 --
Deed $100 --
Warranty Deed $100,000 --
Warranty Deed $54,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $196,800 Unknown
Previous Owner $48,950 Credit Line Revolving
Previous Owner $112,000 Unknown
Previous Owner $21,000 Credit Line Revolving
Previous Owner $49,500 No Value Available
Previous Owner $75,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11737006

MIAMI REALTORS® MLS

APN: 02-3210-049-0200