For SaleGood Deal0 days on market

900 Bay Dr APT 721

900 Bay Dr APT 721, Miami Beach, FL 33141, Miami Beach, FL 33141
$299,000
Estimate®:$297,000

Listing Price

Property image 1
900 Bay Dr APT 721, Miami Beach, FL 33141
Loc: Miami Beach, FL
Days Listed
0
Tax Assessed
$254k
Estimate®
$297k
Market Rate
Rent Estimate
$2,779/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Treasure Island Elementary School

PK-5
1.4 mi away
5

Nautilus Middle School

6-8
2.7 mi away
5

Miami Beach Senior High School

9-12
3.8 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

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

waterfront propertylow-rise apartment complexstucco exteriorbalconiesflat roofswimming poolcourtyardtropical landscapingcoastalresidentialbay viewoutdoor walkways

Haven AI Verdict

Recommendation
Good
Confidence Score: 6/10
Exercise caution due to potential market volatility.
Cap Rate
7.15%
Total ROI
114.3%
Cash Flow
$231/mo
DSCR
1.15
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $231/mo net cash flow with a 7.2% cap rate. Underwriting indicates good fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (7.2%)
  • • Strong rental demand in Miami Beach
Considerations
  • • 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

DateEventPricePrice/sqft
2026-09-24Listed for sale$299,000$325
2025-10-13Listing removed$299,000$325
2025-08-15Listing removed$2,490$3
2025-08-05Price change$2,490$3
2025-07-19Price change$2,500$3
2025-07-09Price change$299,000$325
2025-06-26Price change$305,000$332
2025-06-09Listed for rent$2,600$3
2025-06-05Listed for sale$310,000$337
2025-05-21Listing removed$290,000$315
2025-04-15Listed for sale$290,000$315
2025-03-27Listing removed$290,000$315
2025-03-08Price change$290,000$315
2025-02-21Price change$295,000$321
2025-01-31Price change$298,000$324
2025-01-09Price change$299,000$325
2025-01-06Price change$319,000$347
2024-12-18Listed for sale$325,000$353
2024-07-17Listing removed$0–
2024-04-15Price change$375,000$408
2024-04-05Price change$379,000$412
2024-01-22Listed for sale$400,000$435
2022-06-13Sold$327,000$355
2022-04-11Contingent$335,000$364
2022-04-04Listed for sale$335,000$364
2014-09-03Sold$198,000$215
2004-03-17Sold$161,000$175
1993-12-17Sold$44,000$48

Tax History

YearProperty TaxTax Assessment
2025$4,767.35$254,123
2024$4,505.45$235,994
2023$4,054.11$214,540
2022$3,053.91$162,534
2021$3,138.24$162,534
2020$3,054.96$157,800
2019$3,066.45$158,240
2018$3,234.32$172,000
2017$3,234.32$197,932
2016$3,769.22$190,586
2015$3,432.7$173,260
2014$2,399.15$104,824
2013$2,159.93$95,295
2012$2,159.93$99,107
2011$2,390.98$90,098
2010$2,317.21$105,010
2009$2,823.76$137,270
2007$4,133.37$204,880
2006$3,076.44$0
2005$3,076.44$0
2004$320.14$0
2003$284.77$0
2002$250.01$0
2001$250.01$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
920

Similar Properties Nearby

Explore other investment opportunities in Miami Beach.