$450,000
7125 Bay Drive 506
Miami Beach, FL 33141
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $450,000
- Price per sq ft
- $409
- Vs. nearby sales
- 13.7% below
- Days on market
- 88
This 2-bedroom condo in ZIP 33141 is listed at $450,000, or $409 per square foot. It has been on the market for 88 days. The 5 most recent condo sales in the closings shown below sold at a median of $474 per square foot, so the asking price is 13.7% below what comparable homes here actually sold for.
Estimated monthly payment
$2,365 /mo
Principal and interest only, based on $90,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $680/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $450,000
- Days on Site
- 88 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,101 sqft
- Total Sq Ft
- 1,101 sqft
- Year Built
- 1986
- Property Type
- Condo
- MLS #
- A11998463
- Property Tax
- $4,901 (2024)
- HOA Fees
- $680 / Monthly
- Subdivision
- BAY PLAZA CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Immaculate! Completely remodeled. Balcony with water views. Just steps from the beach. Close to supermarkets and schools. In the fastest-growing area of Miami Beach, with new luxurious residences under construction. A MUST-SEE! YOU'LL LOVE IT! DON'T MISS THIS OPPORTUNITY TO BUY LOW PRICES IN THIS LUXURY AREA. !
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1986
- Property Condition
- Resale
- Number of Stories
- 5
- Garage Spaces
- 1
- Parking
- Assigned / Covered
- Living Sq Ft
- 1,101
- Total Sq Ft
- 1,101
Interior Features
- Appliances
- Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Electric
- Interior Features
- Other / Separate Shower
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Canal Front / Other
- View
- Canal / Water
Community & HOA
- HOA Fee
- $680 / Monthly
- HOA Includes
- Common Areas / Maintenance Grounds / Roof / Sewer / Trash / Water
- Association Amenities
- Management / Pool / Trash / Elevators
- Security
- Elevator Secured / Secured Garage Parking / Smoke Detectors / Security Fence
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Truck / No Trailer Parking
- MLS Area
- 2320
Schools
- Elementary School
- Treasure Island
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
Bay Plaza Condo is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $339,900 to $450,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Bay Plaza and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 1
- Median List Price
- $450,000
- Median $/Sq Ft
- $409
- Avg Days on Market
- 88
Frequently Asked Questions
- How do I schedule a tour of 7125 Bay Drive 506, Miami Beach, FL 33141?
- Use the Tour button on this listing to request a showing of 7125 Bay Drive 506, Miami Beach, FL 33141. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 7125 Bay Drive 506, Miami Beach, FL 33141 still available?
- 7125 Bay Drive 506, Miami Beach, FL 33141 is currently listed as Active, and has been on the market 88 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 7125 Bay Drive 506, Miami Beach, FL 33141?
- With 20% down ($90,000) on the $450,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7125 Bay Drive 506, Miami Beach, FL 33141 is about $2,365/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 7125 Bay Drive 506, Miami Beach, FL 33141?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7125 Bay Drive 506, Miami Beach, FL 33141. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 7125 Bay Drive 506, Miami Beach, FL 33141 have an HOA fee?
- Yes: 7125 Bay Drive 506, Miami Beach, FL 33141 carries an HOA fee of about $680 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 7125 Bay Drive 506, Miami Beach, FL 33141?
- 7125 Bay Drive 506, Miami Beach, FL 33141 is zoned for Treasure Island (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 7125 Bay Drive 506, Miami Beach, FL 33141?
- Often, yes. The right offer on 7125 Bay Drive 506, Miami Beach, FL 33141 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of AVYA Corp
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$450,000
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Listed by Emerio Alonso Agudelo, AVYA Corp
Map & Location
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Recent Sales
Recently sold homes in ZIP 33141
These are the last 6 recorded closings in ZIP 33141, with the price each home actually sold for rather than what it was listed at. They closed at a median of $474 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$460,000
Sold · October 2, 2026
6801 Indian Creek Drive 207
2 bed · 2 bath · 1,160 sqft · $397/sqft
$5,000 over the asking price
Sold$295,000
Sold · October 1, 2026
6770 Indian Creek Drive 5D
2 bed · 2 bath · 1,326 sqft · $222/sqft
$30,000 under the asking price
Sold$660,000
Sold · September 30, 2026
6515 Collins Avenue 804
1 bed · 1.5 bath · 667 sqft · $990/sqft
$88,000 under the asking price
Sold$525,000
Sold · September 29, 2026
6305 Indian Creek Drive 6B
2 bed · 2 bath · 1,056 sqft · $497/sqft
$10,000 under the asking price
Sold$1,260,000
Sold · September 28, 2026
770 83rd Street
0 bed · 0 bath · 3,423 sqft · $368/sqft
$70,000 under the asking price
Sold$580,000
Sold · September 28, 2026
7900 Harbor Island Drive PH19
2 bed · 2 bath · 1,223 sqft · $474/sqft
$19,999 under the asking price
See every recorded sale in ZIP 33141 or find out what your ZIP 33141 home is worth.
