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$340,000
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Property 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.
Full Property Details
Full Property Details for 6881 Bay Dr #7
General
- Price: $340,000
- HOA FEE: $553/month
- Taxes: $3,831 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11900831
- Updated: 10/22/2025
- Added to Site: 86 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Electric Range, Refrigerator
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: At Least 1 Bedroom Ground Level
Additional Information
- Shared Amenities: Bike Storage, Boat Dock, Laundry, Pool
- Maint. Includes: Sewer, Trash Removal, Water
- Security/Safety: Intercom In Lobby
Exterior
- Exterior Features: None, Courtyard, Open Balcony
- Deck/Patio: Open Balcony, Open Porch
Parking
- Parking Features: Rv/Boat Parking, On Street
Location
- Area: Bay Drive Condo
- County: Miami-Dade County
- Subdivision: BAY DRIVE CONDO
- Building Name: BAY DRIVE CONDO
Community
- Community Name: Bay Drive Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: Other
- Entry Floor Number: 1
- Building Size: 763
- Square Feet: 763
- Living Area: 763 Sq. Ft.
- Year Built: 1948
Lot Features
- Property View: Bay, Intracoastal View, Pool Area View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Intracoastal Front
Financial Considerations
- Price Per Sq. Ft.: $445.61
- Association Fee: $553
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,831
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: BAY DRIVE CONDO UNIT 7 UNDIV 4.37% INT IN COMMON ELEMENTS OFF REC 17755-0964 OR 21132-4137 1102 4 COC 25513-2319 03 2007 1
- Restrictions: Dock Restrictions, No Daily Rentals, Ok To Lease, Okay To Lease 1st Year
- Inclusions: Boatlock, Dock Available, Private Dock, Boat Lock, Dock Available, Parking, Private Dock
- Property ID: 02-32-10-049-0200
Listed by Direct Real Estate
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Schools
Schools serving 6881 Bay Dr #7
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Treasure Island Elementary School 7540 East Treasure Drive, North Bay Village, FL 33141 | PK-5 | 1.4 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.8 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6881 Bay Dr #7
Date
Details
Price
Change
Source
10/22/2025
Listed
$340,000
61.9%
MLS
3/07/2022
Sold
$210,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6881 Bay Dr #7
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,831
18%
$231,687
35%
2023
$3,243
18%
$171,620
5%
2022
$2,753
13%
$163,449
27%
2021
$2,438
—
$128,700
-8%
2021
$2,438
2%
$140,000
36%
2019
$2,388
3%
$103,183
10%
2018
$2,311
8%
$93,803
-41%
2017
$2,149
7%
$160,332
107%
2016
$2,005
17%
$77,524
10%
2015
$1,713
32%
$70,477
10%
2014
$1,302
—
$64,070
—
2013
$1,303
—
$64,070
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6881 Bay Dr #7
6881 Bay Dr #7, Miami Beach, FL 33141 (MLS# A11900831) is a Condo property with 1 bedroom and 1 full bathroom. 6881 Bay Dr #7 is currently listed for $340,000 and was received on October 22, 2025. Want to learn more about 6881 Bay Dr #7? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

