2016 Bay Dr APT 203
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Treasure Island Elementary School
Nautilus Middle School
Miami Beach Senior High School
Miami, FL Investment Analysis (2026)
Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-82/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in Miami Beach
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-07 | Listed for sale | $283,000 | $257 |
| 2026-08-06 | Listing removed | $284,000 | $258 |
| 2026-05-26 | Price change | $284,000 | $258 |
| 2026-02-09 | Listed for sale | $292,999 | $266 |
| 2026-01-01 | Listing removed | $295,000 | $268 |
| 2025-12-09 | Listed for sale | $295,000 | $268 |
| 2025-11-11 | Listing removed | $308,900 | $281 |
| 2025-10-30 | Price change | $308,900 | $281 |
| 2025-10-20 | Listed for sale | $315,000 | $286 |
| 2020-11-07 | Listing removed | $1,850 | $2 |
| 2020-09-19 | Listed for rent | $1,850 | $2 |
| 2020-01-09 | Listing removed | $239,000 | $217 |
| 2019-09-30 | Listing removed | $1,775 | $2 |
| 2019-08-11 | Listed for rent | $1,800 | $2 |
| 2019-07-24 | Price change | $239,000 | $217 |
| 2019-07-04 | Listed for sale | $240,000 | $218 |
| 2018-05-05 | Listing removed | $1,800 | $2 |
| 2018-04-11 | Listed for rent | $1,800 | $2 |
| 2018-04-06 | Sold | $213,000 | $194 |
| 2018-02-02 | Pending sale | $219,000 | $199 |
| 2018-01-13 | Listed for sale | $219,000 | $199 |
| 2017-11-28 | Listing removed | $235,000 | $214 |
| 2017-06-14 | Listing removed | $1,800 | $2 |
| 2017-06-03 | Listed for rent | $1,800 | $2 |
| 2017-05-26 | Listed for sale | $235,000 | $214 |
| 2012-05-11 | Sold | $134,166 | $122 |
| 2011-12-20 | Sold | $106,100 | $96 |
| 2002-12-16 | Sold | $135,000 | $123 |
| 2002-03-22 | Sold | $39,600 | $36 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,471.1 | $230,197 |
| 2024 | $4,222.48 | $209,270 |
| 2023 | $3,734.07 | $190,246 |
| 2022 | $3,249.63 | $172,951 |
| 2021 | $3,442.65 | $178,300 |
| 2020 | $3,451.85 | $178,300 |
| 2019 | $3,291.24 | $169,840 |
| 2018 | $3,404.53 | $174,388 |
| 2017 | $3,404.53 | $158,535 |
| 2016 | $3,222.27 | $144,123 |
| 2015 | $2,958.54 | $131,021 |
| 2014 | $2,420 | $119,110 |
| 2013 | $2,566.55 | $119,110 |
| 2012 | $2,566.55 | $125,380 |
| 2011 | $1,760.42 | $125,380 |
| 2010 | $2,176.98 | $139,310 |
| 2009 | $2,127.43 | $143,703 |
| 2007 | $2,307.56 | $114,379 |
| 2006 | $2,598.59 | $0 |
| 2005 | $2,598.59 | $0 |
| 2004 | $2,648.27 | $0 |
| 2003 | $1,532.55 | $0 |
| 2002 | $1,960.73 | $0 |
| 2001 | $1,960.73 | $0 |
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