+6 more
$450K
Bay Plaza Condominium Unit 506
7125 Bay Dr, Unit 506 • Miami Beach, FL 33141
About This Unit
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. !
Pricing at Bay Plaza Condominium — $409/sqft
Bay Plaza Condominium Unit 506 is listed at $409/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Bay Plaza Condominium.
Time on Market — 1 day
Bay Plaza Condominium Unit 506 has been on the market for 1 day.
Building-level pace data is thin for this bedroom count.
Estimated Monthly Cost
Mortgage (P&I)
$2,444
HOA
$680
Property Tax
$408
Total / mo
$3,532
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.09%.
HOA $0.62/sqft · All-in $3.21/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at Bay Plaza Condominium.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1986 (40 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Building: Bay Plaza Condominium
Unit: 506
Year Built: 1986
Stories: 5
City: Miami Beach
Postal Code: 33141
HOA Fee: $680 / Monthly
View: Canal, Water View
Waterfront: Yes
Private Pool: No
Heating: Electric
Cooling: Central Air
Days on Market: 1
Listed: April 9, 2026
MLS #: A11998463
Location
Tour with Ricky
Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.
Text or Call (305) 33-RICKYThat's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: AVYA Corp
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11998463
• Updated Apr 10, 2026
• Photos updated 18 days ago.