Condo with City and Sunset
For Sale
$499,000
1750 N Bayshore Dr 2215, Miami, FL 33132
Two-bedroom condo with city views, modern kitchen, and balcony.
Property Size1,048 SF
Days on Market328
Property Features for 1750 N Bayshore Dr 2215
General Information
Standard status
Active
Size
1,048 SF
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$7,065
Building Details
Building Size
1,048 SF
Year Built
2007
Listed By:
Alexandra Castro
(305) 927-4251
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 16
Last Checked: Oct 20 at 9:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alexandra Castro
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Investment Insights
Based on property information with market context.
This two-bedroom condo offers city views and sunset views. The unit features a modern kitchen with stainless steel appliances, as well as a washer and dryer. Every room provides access to a large, oversized balcony. The property is located across from Margaret Pace Park and is close to supermarkets, restaurants, the Arena, Adrienne Arsht Center for the Performing Arts, Prez Art & Frost Museum of Science. It is also located minutes from the Midtown shopping center, Wynnwood, and the design district. Building amenities include a pool, gym, sun deck, club room, mini market, front desk, and 24-hour valet.
Key Highlights
- Short‑term rentals allowed (minimum 30 days)
- Great city and sunset views
- Oversized balcony with access from every room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,360
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,200
$387.2K
Cap Rate 7%
$276,571
$276.6K
Cap Rate 9%
$215,111
$215.1K
Market Conditions
NOI Build-Up for 1,048 SF
Gross rent
$37.7K $36.00/SF
− Vacancy
−$2.5K −$2.41/SF
EGI
$35.2K $33.59/SF
− OpEx
−$15.8K −$15.11/SF
NOI
$19.4K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,200
Cap Rate 7%
$276,571
Cap Rate 9%
$215,111
Alternative Uses
Best Use
Apartment 5plus
$276.6K
$242.0K – $322.7K
NOI $19,360 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$707.4K
$619.0K – $825.3K
NOI $49,518 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
4,327
Businesses Nearby
Explore this area
Business Placement
Demographics for 33132, FL
18,159
Population
12,725
Households
1.4
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
12,106
Density / Sq Mi
$109,505
Median Household Income
$71,509
Median Earnings
$2,534
Median Rent
$545,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-bedroom condo with city views, modern kitchen, and balcony.
Where is this apartment building located?
The property is located at 1750 N Bayshore Dr 2215 Miami, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Short‑term rentals allowed (minimum 30 days); Great city and sunset views; Oversized balcony with access from every room
