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For Sale
Listed on October 22, 2025

6881 Bay Dr, Unit 7

$340,000
1 Beds
1 Baths
763 sqft
0 Parkings
HOA fees
$553
Annual Tax
$3,831
Occupancy
Tenant
Year Built
1948
Stories
3
Days on market
72 days ago

Description

Rare Investor Opportunity with Dock Space – Coastal Miami Living! A truly rare offering for investors: secure a leased 1BD + den apartment with a market-rate tenant and the option to lease one of only six private boat slips—accommodating vessels up to 44 feet. Just a half-mile from the beach, this boutique building has recently completed its 40-year recertification along with a brand-new seawall and dock. Apartment features: New kitchen appliances, renovated bathroom, skim-coated walls and ceilings, Florida pine hardwood floors, cedar-lined closets, designer lighting, and a spacious terrace with views of Biscayne Bay. Building amenities include a laundry room, kayak storage, and a secure bike area. With a local market, bars, and restaurants steps away, this is classic Miami coastal living.
Direct Real Estate

Features & Details

Learn about the features and details of 6881 Bay Dr, Unit 7

Property Details

  • Property Type
    Condominium
  • Living Area
    763 sqft
  • Year Built
    1948
  • Lot Size
    -
  • Stories
    3 Stories
  • Annual Tax
    $3,831.00
  • List Date
    10/22/2025
  • Updated
    10/26/2025
  • Last Checked
    Recent
  • MLS Number
    #A11900831
  • Brokerage
    Direct Real Estate
  • Postal Code
    33141
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $340,000.00
  • Unit Number
    7
  • Construction
    Other
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    Rv access parking, On street
  • Pets Allowed
    Conditional,Yes
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    Association
  • Patio
    Balcony,Open,Porch
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    Water
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    Electric range, Refrigerator
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    1 Bed, 1 Bath
  • Bedrooms
    1
  • Full Bathrooms
    1
  • Ensuite
    Yes
  • Bathrooms
    1
  • Flooring
    Mixed

Price history

Learn about the price history of 6881 Bay Dr, Unit 7

Amenities

Discover the amenities available at 6881 Bay Dr, Unit 7

  • Boat dock
  • Bike storage
  • Laundry
  • Pool

Real estate trends

View trends of price in Miami Beach over the last 12 months

Explore Miami-Dade

Learn about the area around 6881 Bay Dr, Unit 7

Mortgage Calculator
Estimate monthly payments for 7 - 6881 BAY DR
$0
20.0%
$340,000
1%
5.25%
10%
Estimated Monthly Payment

$1,630

Cash Flow Analysis
Mortgage Payment:
$1,629.95
Monthly Payment:
$2,502.2
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this impressive condominium in the heart of Isle of Normandy Ocean Side, Miami Beach. This well-appointed property offers 1 bedroom, 1 bathroom, 763 square feet of living space. secure building access, central heating, Central Air. Originally built in 1948 in a 3-story building. Offered at $340,000.00 Residents will appreciate the excellent amenities including Boat dock, Bike storage, Laundry, and Pool. The property comes with Electric range, Refrigerator. Utilities included: water. Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 6881 Bay Dr, Unit 7

6881 Bay Dr, Unit 7, MLS® A11900831 has a size of 763 sqft.

There are 1 bedrooms and 1 bathrooms in this Condo at 6881 Bay Dr, Unit 7, MLS® A11900831.

Annual taxes for this home are $3,831 based on 2024 tax year reports.

The monthly HOA fees covers water for the unit.

The building's pet policy is as follows: Conditional,Yes. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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6881 Bay Dr, Unit 7