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200 Biscayne Boulevard Way, Unit 503
+34 more
$1M

Epic Residences Unit 503

200 Biscayne Boulevard Way, Unit 503 • Miami, FL 33131

at Epic Residences

Beds
2
Baths
3
Living Area
1,430 SF
Price / SF
$734
HOA / Monthly
$2,502
Days on Market
97

About This Unit

Live right on the water at Epic Residences Miami in this striking 2 Bed / 2.5 Bath + den townhome in the heart of Miami. Best-priced true waterfront condo in a prime location—offering a strong value play in a building with solid financials and consistent demand. What makes this one stand out is simple: you get the feel of a private home with the upside of a full-service luxury building. Drive straight into the garage and park on your level—no elevators, no waiting. It’s a level of convenience and privacy that’s extremely hard to find in the city in Miami. Inside, the layout is spacious and bright. Double height floor-to-ceiling windows bring in natural light and open up to direct water and Brickell Ave views, giving you that constant connection to the bay and Brickell skyline. The den adds flexibility—perfect for a private home office or an extension of the living spaces. This is a move-in ready home, but still leaves room to add your own style and increase value over time. Living here also means full access to Kimpton’s Epic resort amenities: pool, gym, spa, valet, concierge, and direct access to Zuma Miami. Step outside to the Miami Riverwalk and you’re minutes from Brickell. Top-tier dining, shopping, and nightlife.

Pricing at Epic Residences — $734/sqft
At $734/sqft, Epic Residences Unit 503 is priced at the low end of the building — only 10% of active 2BRs ask less per sqft.
Epic Residences Unit 503 vs Active Listings at Epic Residences: This condo is -11.6% lower ($96/less per sqft) than the building's active 2BR median of $830/sqft, based on 20 active 2BRs.
Epic Residences Unit 503 vs Recent Sold Listings at Epic Residences: This unit is -1.0% lower ($7/less per sqft) than recent 2BR sales (median $741/sqft, based on 13 sales over 9 months).
Rank: This unit's $/sqft is higher than 10% of currently-active 2BR units at Epic Residences (sample of 20).
Insider Negotiation Strategy: 2BR units at Epic Residences typically close at 93.8% of asking. At that ratio, this unit could plausibly trade around $984,487.
Based on live MIAMIRE active & closed listings at Epic Residences.
Time on Market — 97 days
Epic Residences Unit 503 is above the typical days on market for this building. The seller may be flexible on price.
This unit's 97 days on the market is 48 days longer than the active 2BR median of 49 days (+98.0%).
Recent 2BR sales at Epic Residences typically went under contract in 62 days (based on 13 sales over 9 months).
Inventory position: 68th percentile for 2BRs currently active at this building.
Price History
Originally listed at $1,090,000. Reduced to $1,049,000 on Mar 25, 2026 (after 78 days on market) — -3.8% (−$41,000).
Estimated Monthly Cost
Mortgage (P&I)
$5,696
HOA
$2,502
Property Tax
$1,414
Total / mo
$9,612
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.62%. HOA $1.75/sqft · All-in $6.72/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Recent Comparable Sales

Active 2BR Comps at Epic Residences

UnitListSqft$/sqftDOM
#4912 $880,000 1,237 $711 459
#3501 $1,100,000 1,539 $715 137
#703 $1,070,000 1,430 $748 25
#4510 $940,000 1,237 $760 84
#4512 $940,000 1,237 $760 31

Recent Closed 2BR Sales

ClosedUnitSold$/sqftvs List
2026-04-24 #303 $1,060,000 $741 98.1%
2026-04-24 #706 $1,400,000 $871 94.9%
2026-02-27 #3108 $1,075,000 $717 89.6%
2026-02-27 #4603 $1,100,000 $737 89.8%
2026-02-13 #505 $1,125,000 $712 84.9%
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
Insider Notes from Ricky
  • 30-day minimum lease applies only to FURNISHED units; 12 leases per year cap.
  • Lower-floor units ending in 309/311 are townhouse-style with split levels and private dock access.
  • Heated pool deck on the amenity floor; HOA covers water, internet, hot water, insurance, security, parking — but NOT electric or cable.
  • Building sits at the bend of the Miami River — lower units (X09-X11) face river, higher floors capture bay/skyline views.
  • Reserves reported as 100% funded with no special assessments as of late 2025.
What to Verify
Flood Zone: This unit is in a split flood zone (AE, X) — this typically means lower floors carry the higher-risk designation; verify per-unit.
Special Assessments: 14 of the 32 active listings populate this field; the rest are blank. All report NO special assessment.
Reserves Signal: Of 32 active listings: 2 listings cite "fully funded reserves"; 2 cite "no special assessments"; 1 reference SIRS completion.
Building Age: Built in 2008 (18 years old).
Verify all of the above with the HOA before closing.
Building Activity
32 active listings · 18 closed in last 9mo (2.0/mo pace) → ~16.0 months of supply.
3 new listings in the past 30 days.
See all Epic Residences listings ›
Lifestyle & Rules: Pets allowed (verify size/breed restrictions) · 30-day minimum lease · up to 12 leases per year · $150 application fee · 1-2 weeks approval.
Building: Epic Residences
Unit: 503
Year Built: 2008
Stories: 54
City: Miami
Postal Code: 33131
HOA Fee: $2,502 / Monthly
View: Bay, Direct Ocean, River, Skyline
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 97
Listed: January 7, 2026
MLS #: A11938330

Location

Tour with Ricky

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Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Avanti Way Realty LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11938330 • Updated Apr 14, 2026 • Photos uploaded 70 days ago.