51-Story Bayfront Condo
For Sale
Contact for pricing
1900 N BAYSHORE DR, Miami, FL 33132
Large condominium building with private balconies and a glass facade overlooking Biscayne Bay and the Miami skyline.
Property Size680 SF
Price / SF$7.79
Days on Market272
Property Features for 1900 N BAYSHORE DR
General Information
Standard status
Active
Size
680 SF
Property subtype
Retail
Additional Details
Multifamily Units
698
Taxes and HOA fees
Annual Taxes
$5,300
Building Details
Building Size
680 SF
Year Built
2008
Stories
51
Listing Agency:
London Foster Realty
Listed By:
Rosa Acosta · License #3505335
(305) 342-5511
Source:
Casacollectiongroup
Added: Jan 22
Changed: Oct 16
Last Checked: Oct 21 at 6:45AM
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 London Foster Realty
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Investment Insights
Based on property information with market context.
Quantum on the Bay is a 51-story condominium completed in 2008. The building features a sleek glass facade and contains 698 units, and each unit includes a private balcony.
The property is located on N Bayshore Drive in Miami and is positioned in the Media & Entertainment District. The public remarks describe views of Biscayne Bay and the Miami skyline.
For buyers seeking residential income exposure, this asset offers a sizable, contemporary condominium community with private outdoor space in every unit. Its completed construction and established unit count support a straightforward ownership and operations model centered on condo living within a high-rise format.
The property is located on N Bayshore Drive in Miami and is positioned in the Media & Entertainment District. The public remarks describe views of Biscayne Bay and the Miami skyline.
For buyers seeking residential income exposure, this asset offers a sizable, contemporary condominium community with private outdoor space in every unit. Its completed construction and established unit count support a straightforward ownership and operations model centered on condo living within a high-rise format.
Key Highlights
- Completed 2008, Quantum on the Bay is a 51‑story condominium high‑rise.
- Building offers 698 condominium units.
- Each unit includes a private balcony.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,562
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,240
$251.2K
Cap Rate 7%
$179,457
$179.5K
Cap Rate 9%
$139,578
$139.6K
Market Conditions
NOI Build-Up for 680 SF
Gross rent
$24.5K $36.00/SF
− Vacancy
−$1.6K −$2.41/SF
EGI
$22.8K $33.59/SF
− OpEx
−$10.3K −$15.11/SF
NOI
$12.6K $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%
$251,240
Cap Rate 7%
$179,457
Cap Rate 9%
$139,578
Alternative Uses
Best Use
Apartment 5plus
$179.5K
$157.0K – $209.4K
NOI $12,562 @ 7.0% cap · market cap 237.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$459.0K
$401.6K – $535.5K
NOI $32,130 @ 7.0% cap · market cap 606.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
698
Residential units
Location Intelligence
Trade Area within ½ mile
4,607
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Large condominium building with private balconies and a glass facade overlooking Biscayne Bay and the Miami skyline.
Where is this apartment building located?
The property is located at 1900 N BAYSHORE DR Miami, FL.
What are key features of this property?
This property features: Completed 2008, Quantum on the Bay is a 51‑story condominium high‑rise.; Building offers 698 condominium units.; Each unit includes a private balcony.
