7904 West Dr Apt 810

North Bay Village, FL 33141 · condos · For Sale · 92 days on market
Asking price$225,000
0 beds 1 baths 443 sqft
Suggested offer$172,792$52,208 above the est. market value of $172,792.
View on Realtor.com →
Listed by Hans Waisfeld · Fortune Christie's International Real Estate
Typecondos
Built1963
Price / sqft$508
Est. value (own analysis)$172,792
Rent estimate (own analysis)$1,598/mo
HOA$420/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-02
Removed date
MLSMiamiMLS #A12028382
Coordinates25.84909, -80.15993
Address7904 West Dr Apt 810
CityNorth Bay Village
StateFL
Zip33141
Listing ID5080227130
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33141)

Typical home value (ZHVI)$429,204
Typical rent (ZORI)$2,504/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$225,000
Down payment (20.0%)$45,000
Loan amount$180,000
Closing costs (5.0%)$11,250
Total cash to close$56,250
Rent (comp-derived)$1,598$19,170
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$19,170
Vacancy rate (assumption) assumption8.0%

$19,170 × 8.0% = $1,534

Effective gross income$1,470$17,636
Property tax (placeholder 1.9% of price)$356$4,275
Insurance (placeholder 0.8% of price)$150$1,800
HOA dues$420$5,040
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$80$959
Total operating expenses$1,006$12,074
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$17,636
Total operating expenses derived$12,074

$17,636 − $12,074 = $5,563

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$180,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$180,000 amortized at 6.7% over 30 years = $1,157/mo

CapEx reserve (5.0% of GSR)$80$959
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$5,563
Annual debt service derived$13,881
Annual CapEx reserve assumption$959
Annual PMI assumption$0

($5,563 − $13,881 − $959 − $0) ÷ 12 = -$773

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$5,563
Purchase price data$225,000

$5,563 ÷ $225,000 = 2.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$9,276
Total cash to close derived$56,250

-$9,276 ÷ $56,250 = -16.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$5,563
Annual debt service derived$13,881

$5,563 ÷ $13,881 = 0.40

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$19,170
Purchase price data$225,000

($19,170 ÷ 12) ÷ $225,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$225,000
Gross scheduled rent (annual) comp$19,170

$225,000 ÷ $19,170 = 11.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$12,074
Effective gross income derived$17,636

$12,074 ÷ $17,636 = 68.5%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$12,074
Annual debt service derived$13,881
Annual PMI assumption$0
Gross scheduled rent (annual) comp$19,170

($12,074 + $13,881 + $0) ÷ $19,170 = 135.4%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment01430$1,7642026-02-19
apartment01510$1,8002025-05-28
apartment01576$1,5252025-09-04
condos0400$1,2002026-07-13
apartment01550$1,4002026-08-12
apartment01411$1,5232026-08-25
condos01406$1,3002026-07-26
condos01450$1,5002026-07-01
condos01399$1,5002026-08-28
condos01415$1,4502026-08-20
condos01400$1,9002026-08-27
condos01415$1,3752026-08-21
condos01406$1,4002026-07-28
apartment01411$1,4772026-06-19
condos01450$1,6002026-08-04
condos01402$1,5002026-08-15
condos01375$1,5002026-06-04
condos01468$1,5002026-08-14
apartment01370$1,5502026-08-16
condos01465$1,5002026-08-01
condos01577$1,7002026-06-04
condos01410$1,6902026-08-24
apartment01500$1,5752026-08-06
apartment01400$1,5502026-06-03
condos01402$1,4502026-04-03
apartment01450$1,5502026-06-22
condos01387$1,6502026-07-31
condos01406$1,5002026-08-10
condos01569$2,2502026-04-24
apartment01470$1,5502026-04-15
condos01416$1,7002026-07-17
condos01406$1,5502026-06-26
condos01468$1,6502026-08-01
condos01432$1,7902026-03-02
condos01468$1,5502026-07-20
apartment01406$1,7002026-08-04
condos01594$1,9502026-07-29
condos01465$1,6002026-08-04
condos01295$1,6452026-08-10
apartment01500$1,6902026-01-09
condos01444$1,8002026-07-23
condos01395$1,7902026-04-08
condos01443$1,7992026-05-27
condos01444$2,0002026-05-11
condos01444$2,0002023-05-24
apartment01575$1,5952025-02-19
condos01443$1,6002026-08-27
apartment01510$1,950
apartment01433$1,650
apartment01450$1,7102026-08-09
condos0400$1,2002026-07-08
apartment01300$1,5502026-08-18
condos01406$1,3502026-08-29
condos01432$1,7002026-08-31
apartment01475$1,6002026-08-31
condos01446$1,6002026-09-01

1006 Bay Dr

Miami, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage430
Listed2026-02-19
Days on market

Asking rent: $1,764

View on Zillow →

7910 West Dr

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage510
Listed2025-05-28
Days on market

Asking rent: $1,800

View on Zillow →

7700 Abbott Ave

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage576
Listed2025-09-04
Days on market

Asking rent: $1,525

View on Zillow →

6760 Collins Ave Unit 29

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / — ba
Square footage400
Listed2026-07-13
Days on market

Asking rent: $1,200

View on Zillow →

7721 Dickens Ave Apt 6

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage550
Listed2026-08-12
Days on market

Asking rent: $1,400

View on Zillow →

6971 Carlyle Ave Apt 102

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage411
Listed2026-08-25
Days on market

Asking rent: $1,523

View on Zillow →

7720 Harding Ave Apt 9

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage406
Listed2026-07-26
Days on market

Asking rent: $1,300

View on Zillow →

7717 Byron Ave Apt 12

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage450
Listed2026-07-01
Days on market

Asking rent: $1,500

View on Zillow →

7725 Carlyle Ave Apt 9

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage399
Listed2026-08-28
Days on market

Asking rent: $1,500

View on Zillow →

7545 E Treasure Dr Apt 1A

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage415
Listed2026-08-20
Days on market

Asking rent: $1,450

View on Zillow →

6484 Indian Creek Dr Apt 227

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage400
Listed2026-08-27
Days on market

Asking rent: $1,900

View on Zillow →

7424 Byron Ave Apt 4B

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage415
Listed2026-08-21
Days on market

Asking rent: $1,375

View on Zillow →

7720 Harding Ave Apt 7

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage406
Listed2026-07-28
Days on market

Asking rent: $1,400

View on Zillow →

6971 Carlyle Ave Apt 107

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage411
Listed2026-06-19
Days on market

Asking rent: $1,477

View on Zillow →

8080 Tatum Waterway Dr Apt 21

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage450
Listed2026-08-04
Days on market

Asking rent: $1,600

View on Zillow →

620 76th St Apt 10

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage402
Listed2026-08-15
Days on market

Asking rent: $1,500

View on Zillow →

6490 Collins Ave Apt 3

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage375
Listed2026-06-04
Days on market

Asking rent: $1,500

View on Zillow →

300 74th St Apt 15

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage468
Listed2026-08-14
Days on market

Asking rent: $1,500

View on Zillow →

6498 Collins Ave Apt 40

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage370
Listed2026-08-16
Days on market

Asking rent: $1,550

View on Zillow →

8080 Tatum Waterway Dr Apt 12

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage465
Listed2026-08-01
Days on market

Asking rent: $1,500

View on Zillow →

1865 79th St Cswy Apt 1L

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage577
Listed2026-06-04
Days on market

Asking rent: $1,700

View on Zillow →

7904 West Dr Apt 107

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage410
Listed2026-08-24
Days on market

Asking rent: $1,690

View on Zillow →

1000 Biarritz Dr Apt 3

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage500
Listed2026-08-06
Days on market

Asking rent: $1,575

View on Zillow →

924 Marseille Dr Apt 26

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage400
Listed2026-06-03
Days on market

Asking rent: $1,550

View on Zillow →

620 76th St Apt 11

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage402
Listed2026-04-03
Days on market

Asking rent: $1,450

View on Zillow →

960 Biarritz Dr Apt 2

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage450
Listed2026-06-22
Days on market

Asking rent: $1,550

View on Zillow →

7315 Byron Ave Apt 12

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage387
Listed2026-07-31
Days on market

Asking rent: $1,650

View on Zillow →

8132 Harding Ave Apt 1

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage406
Listed2026-08-10
Days on market

Asking rent: $1,500

View on Zillow →

6580 Indian Creek Dr Apt 511

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage569
Listed2026-04-24
Days on market

Asking rent: $2,250

View on Zillow →

535 74th St Apt 11

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage470
Listed2026-04-15
Days on market

Asking rent: $1,550

View on Zillow →

503 75th St Unit 517

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage416
Listed2026-07-17
Days on market

Asking rent: $1,700

View on Zillow →

8132 Harding Ave Apt 5

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage406
Listed2026-06-26
Days on market

Asking rent: $1,550

View on Zillow →

300 74th St Apt 14

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage468
Listed2026-08-01
Days on market

Asking rent: $1,650

View on Zillow →

7545 E Treasure Dr Apt 9I

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage432
Listed2026-03-02
Days on market

Asking rent: $1,790

View on Zillow →

300 74th St Apt 17

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage468
Listed2026-07-20
Days on market

Asking rent: $1,550

View on Zillow →

8132 Harding Ave Apt 3

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage406
Listed2026-08-04
Days on market

Asking rent: $1,700

View on Zillow →

401 69th St Apt 1502

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage594
Listed2026-07-29
Days on market

Asking rent: $1,950

View on Zillow →

8080 Tatum Waterway Dr Apt 19

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage465
Listed2026-08-04
Days on market

Asking rent: $1,600

View on Zillow →

6484 Indian Creek Dr Apt 205

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage295
Listed2026-08-10
Days on market

Asking rent: $1,645

View on Zillow →

6890 Abbott Ave Apt 4A

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage500
Listed2026-01-09
Days on market

Asking rent: $1,690

View on Zillow →

7904 West Dr Apt 1010

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage444
Listed2026-07-23
Days on market

Asking rent: $1,800

View on Zillow →

7904 West Dr Apt 109

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage395
Listed2026-04-08
Days on market

Asking rent: $1,790

View on Zillow →

7904 West Dr Apt 411

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage443
Listed2026-05-27
Days on market

Asking rent: $1,799

View on Zillow →

7904 West Dr Apt 705

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage444
Listed2026-05-11
Days on market

Asking rent: $2,000

View on Zillow →

7904 West Dr Apt 812

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage444
Listed2023-05-24
Days on market

Asking rent: $2,000

View on Zillow →

7610 Byron Ave

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage575
Listed2025-02-19
Days on market

Asking rent: $1,595

View on Zillow →

7904 West Dr Apt 210

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage443
Listed2026-08-27
Days on market

Asking rent: $1,600

View on Zillow →

7910 West Dr Apt 109

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage510
Listed
Days on market

Asking rent: $1,950

View on Zillow →

540 74th St Apt 14

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage433
Listed
Days on market

Asking rent: $1,650

View on Zillow →

6844 Abbott Ave Apt 11

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage450
Listed2026-08-09
Days on market

Asking rent: $1,710

View on Zillow →

6760 Collins Ave Unit 7

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / — ba
Square footage400
Listed2026-07-08
Days on market

Asking rent: $1,200

View on Zillow →

1940 Bay Dr Apt 6

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage300
Listed2026-08-18
Days on market

Asking rent: $1,550

View on Zillow →

7720 Harding Ave Apt 2

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage406
Listed2026-08-29
Days on market

Asking rent: $1,350

View on Zillow →

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage432
Listed2026-08-31
Days on market

Asking rent: $1,700

View on Zillow →

7128 Indian Creek Dr Apt 6

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage475
Listed2026-08-31
Days on market

Asking rent: $1,600

View on Zillow →

7904 West Dr Apt 204

North Bay Village, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage446
Listed2026-09-01
Days on market

Asking rent: $1,600

View on Zillow →

Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
330 74th St Apt 15condos01383$158,0002026-08-20
1455 N Treasure Dr Apt 6Dcondos01531$152,0002026-08-14
7725 Carlyle Ave Apt 10condos01399$155,0002026-08-06
6365 Collins Ave Unit CAB8condos01245$410,0002026-07-29
6484 Indian Creek Dr Apt 310condos01$120,0002026-07-03
1865 79th St Cswy Apt 3Fcondos01577$175,0002026-06-22
6770 Indian Creek Dr Apt 14Jcondos01993$400,0002026-06-01
7904 West Dr Apt 409condos01443$150,0002026-04-13
330 74th St Apt 5condos01383$150,0002026-03-23
7904 West Dr Apt 1004condos01444$200,0002026-03-15
401 69th St Apt 1003condos01594$210,0002026-03-13
8132 Harding Ave Apt 7condos01406$159,0002026-03-11
7725 Carlyle Ave Apt 4condos01399$150,0002026-02-17
1865 79th St Cswy Apt 4Lcondos01577$150,0002026-01-27
6801 Indian Creek Dr Apt 405condos01510$215,0002026-01-09

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
7928 Harding Ave Apt 3condos01394$180,000
7720 Harding Ave Apt 8condos01406$130,000
6490 Collins Ave Apt 14condos01375$145,000
6484 Indian Creek Dr Apt 111condos01$100,000
300 74th St Apt 6condos01468$215,000
6498 Collins Ave Apt 41condos01370$168,000
6484 Indian Creek Dr Apt 320condos01$153,000
7300 Ocean Tersingle_family0$49,900,000

10-year hold projection

IRR-0.8%
Equity multiple0.86x
Total return (10yr)$21,548
YearProperty valueNOICash flowLoan balanceEquity
1$231,750$5,563-$9,276$178,048$53,702
2$238,703$5,790-$9,073$175,963$62,740
3$245,864$6,026-$8,862$173,734$72,130
4$253,239$6,270-$8,643$171,352$81,888
5$260,837$6,523-$8,416$168,806$92,030
6$268,662$6,785-$8,180$166,086$102,576
7$276,722$7,057-$7,935$163,179$113,543
8$285,023$7,339-$7,681$160,072$124,951
9$293,574$7,631-$7,418$156,752$136,822
10$302,381$7,933-$7,144$153,204$149,177
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.