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$320,000
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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
- Sold For: $320,000
- HOA FEE: $553/month
- Taxes: $3,831 (2024)
- Status: Closed
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11900831
- Added to Site: 154 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Electric Range, Refrigerator
- Furnishings: Unfurnished
- 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
- Potential Use: Primary
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Intracoastal Front
Financial Considerations
- Price Per Sq. Ft.: $419.4
- 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 and Sold 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 ATTOM Data Solutions 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
3/20/2026
Sold
$320,000
-5.88%
MLS
10/22/2025
Listed
$340,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6881 Bay Dr #7, Miami Beach, FL 33141 (MLS# A11900831) is a Condo property that was sold at $320,000 on March 20, 2026. 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.

