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9700 Bay Harbor Dr, Unit 505
+22 more
$280K

Summit Unit 505

9700 Bay Harbor Dr, Unit 505 • Bay Harbor Islands, FL 33154

at Summit

Beds
1
Baths
2
Living Area
919 SF
Price / SF
$305
HOA / Monthly
$403
Days on Market
145

About This Unit

GREAT FOR INVESTORS. EXCELLENT, MULTIPLE YEAR TENANT WOULD LOVE TO REMAIN IN UNIT. LARGE 1 BEDROOM 1 1/2 BATH WITH TILE FLOORING THROUGHOUT. BUILDING HAS LOCKED LOBBY WITH TELEPHONE ENTRY SYSTEM, VERY NICE POOL, AND A GREAT LOCATION. BEACH, SHOPPING, RESTAURANTS, HOUSES OF WORSHIP ALL WITHIN WALKING DISTANCE. 1 ASSIGNED PARKING SPACE.

Pricing at Summit — $305/sqft
Summit Unit 505 is listed at $305/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Summit.
Time on Market — 145 days
Summit Unit 505 has been on the market for 145 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $309,000. Reduced to $279,998 on Apr 5, 2026 (after 164 days on market) — -9.4% (−$29,002).
Estimated Monthly Cost
Mortgage (P&I)
$1,520
HOA
$403
Property Tax
$353
Total / mo
$2,276
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.51%. HOA $0.44/sqft · All-in $2.48/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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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 1963 (63 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Building: Summit
Unit: 505
Year Built: 1963
Stories: 5
City: Bay Harbor Islands
Postal Code: 33154
HOA Fee: $403 / Monthly
View: Garden View
Waterfront: No
Private Pool: No
Heating: Central, Electric
Cooling: Central Air, Electric
Days on Market: 145
Listed: October 24, 2025
MLS #: A11896182

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-RICKY
That's (305) 337-4259
Email About This Unit
Listing courtesy of: Estelle Stern Realty, Inc.
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11896182 Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11896182 • Updated Apr 14, 2026