Waterfront modern building located in the Heart of the Miami Bay, North Bay Village. This modern architectural gem offers 15 two-story units, crowned by a spectacular penthouse boasting unobstructed panoramic views of Biscayne Bay. Amidst a wave of development, including a Ritz Carlton Residences coming next door, North Bay Village is emerging as one of the most desirable locations in Miami-Dade, ideally positioned between Miami and Miami Beach. Property features all floor-to-ceiling windows, 20 foot ceilings in each residence, with spectacular water views in each unit. 34-space covered parking spaces and two elevators. The building offers investor flexibility, allowing to lease the units immediately, and sell off individually at any time as the area is appreciating by the day!
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$124.8K
Per Month
Principal & Interest
$124.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$75K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school0.78 miles
Public District Grades PK-5
8
/10
Phyllis R. Miller Elementary School
840 NE 87th St
Distance between this listing and this school1.46 miles
Public Magnet Grades PK-5
6
/10
Biscayne Elementary School
800 77th St
Distance between this listing and this school1.99 miles
Public District Grades PK-5
Nearby Schools
7
/10
Mater Academy Miami Beach
8625 Byron Ave
Distance between this listing and this school2.44 miles
Public Charter Grades KG-8
4
/10
Horace Mann Middle School
8950 NW 2nd Ave
Distance between this listing and this school2.82 miles
Public Magnet Grades 6-8
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school3.01 miles
Public District Grades 6-8
Nearby Schools
1
/10
Dr. Marvin Dunn Academy for Community Education.
8950 NW 2nd Ave
Distance between this listing and this school2.79 miles
Public District Grades 9-12
7
/10
Itech@Thomas a Edison Educational Center
6101 NW 2nd Ave
Distance between this listing and this school3.06 miles
Public Magnet Grades 9-12
3
/10
Miami Edison Senior High School
6161 NW 5th Ct
Distance between this listing and this school3.31 miles
The neighbors living near this home have an average income of $56,913. The majority of North Bay Village, FL residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7939 E Dr in North Bay Village, FL and zip code 33141. This 1,524 square foot home was built in 2008. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $25,000,000.
While more than 0 listings in North Bay Village, FL in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 8 were sold below. The number of listings in North Bay Village, FL increased by 15.6% between September 2024 and October 2024. In October 2024, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $549,000.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Men's Tennis
Men's Tennis
Major League Soccer (MLS)
Nordstrom Rack
Banana Republic
Crate & Barrel
The Cheesecake Factory
Jack In The Box
Starbucks
Volvo
Toyota
BMW
News
Jazz
Rhythmic Contemporary Hits