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$1,813 /mo
Principal and interest only, based on $69,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,404/mo HOA are not included.
Customize this estimateDirect Biscayne Bay and marina views frame this oversized 1,042-square-foot residence, offering exceptional space and light in one of Miami’s top waterfront enclaves. The unit features an expansive open plan where the kitchen, living, and dining areas breathe together naturally, framed by floor-to-ceiling glass. Proportion and flow are both right, complemented by a walk-in closet, dedicated additional storage, assigned covered parking, an in-unit dishwasher, and pet-friendly policies.Reserves are fully funded, concrete restoration is nearly complete, and a new roof is paid for. The marina fronting the property is under active restoration and generating rental income with completion expected within the year.Palm Bay is one of Miami's more distinctive addresses — a low-density waterfront community originally developed as a private tennis club, set on eight acres of landscaped grounds beneath a canopy of mature oaks. It feels closer to a private park than a condo complex. Residents enjoy a bayfront pool, jacuzzi, modern fitness center, and tennis/pickleball courts, plus direct water access for paddleboarding and kayaking. A private gate connects directly to Legion Park next door. Minutes from the beach, the Design District, Downtown Miami, I-95, and MIA, this is the ultimate retreat in the heart of the Upper Eastside.
Virtual TourAbout the Community
Palm Bay Condominium is a waterfront community in Miami, Miami-Dade County, Florida. Active listings are priced from $355,000 to $525,000. Homes were built starting 1965. Pure Equity Realty lists homes in Palm Bay Condominium for 1% commission and represents buyers at no cost.
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Listing courtesy of Keller Williams Realty Miami Beach
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. 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 August 30, 2026.
$345,000
Contact us to schedule a showing or ask a question.
Listed by Valerie Benadi, Keller Williams Realty Miami Beach
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