2020 N Bayshore Dr Apt 3804
Miami, FL 33137 · condos · For Sale · 120 days on market
Asking price$885,000
1 beds 2 baths 1,135 sqft
Suggested offer$704,391$180,609 above the est. market value of $704,391.
View on Realtor.com →Listed by Patricia Riestra Peraita · Coldwell Banker Realty
Typecondos
Built2010
Price / sqft$780
Est. value (own analysis)$704,391
Rent estimate (own analysis)$3,500/mo
HOA$1,794/mo
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Show every detail
Statusfor_sale
Listed date2026-05-05
Removed date—
MLSMiamiMLS #A12013505
Coordinates25.79663, -80.18792
Address2020 N Bayshore Dr Apt 3804
CityMiami
StateFL
Zip33137
Listing ID6045028195
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33137)
Typical home value (ZHVI)$682,165
Typical rent (ZORI)$3,560/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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $885,000 |
| Down payment (20.0%) | $177,000 |
| Loan amount | $708,000 |
| Closing costs (5.0%) | $44,250 |
| Total cash to close | $221,250 |
| Income | |
| Rent (comp-derived) | $3,500$42,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,220$38,640 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,401$16,815 |
| Insurance (placeholder 0.8% of price) | $590$7,080 |
| HOA dues | $1,794$21,528 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $175$2,100 |
| Total operating expenses | $3,960$47,523 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $175$2,100 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| condos | 1 | 2 | 835 | $2,700 | 2026-08-21 | — | |
| condos | 1 | 2 | 868 | $2,650 | 2026-08-21 | — | |
| condos | 1 | 1 | 762 | $2,350 | 2026-08-21 | — | |
| apartment | 1 | 2 | 835 | $2,700 | 2026-08-20 | — | |
| condos | 1 | 2 | 854 | $4,000 | 2026-08-20 | — | |
| condos | 1 | 1 | 771 | $3,400 | 2026-08-20 | — | |
| condos | 1 | 1 | 854 | $4,200 | 2026-08-19 | — | |
| apartment | 1 | 2 | 757 | $2,650 | 2026-08-18 | — | |
| apartment | 1 | 1 | 870 | $3,230 | 2024-12-05 | — | |
| apartment | 1 | 1 | 845 | $3,447 | 2026-08-17 | — | |
| condos | 1 | 1 | 740 | $4,000 | 2026-08-11 | — | |
| condos | 1 | 2 | 746 | $3,500 | 2026-08-11 | — | |
| condos | 1 | 2 | 1,147 | $6,800 | 2026-08-10 | — | |
| condos | 1 | 2 | 898 | $5,500 | 2026-08-10 | — | |
| condos | 1 | 1 | 790 | $2,450 | 2026-08-08 | — | |
| condos | 1 | 2 | 973 | $4,200 | 2026-08-07 | — | |
| condos | 1 | 2 | 790 | $4,450 | 2026-08-06 | — | |
| condos | 1 | 1 | 875 | $2,300 | 2026-08-06 | — | |
| condos | 1 | 2 | 768 | $2,500 | 2026-08-06 | — | |
| condos | 1 | 1 | 773 | $2,500 | 2026-07-24 | — | |
| condos | 1 | 1 | 794 | $3,100 | 2026-07-22 | — | |
| condos | 1 | 2 | 966 | $7,000 | 2026-07-21 | — | |
| condos | 1 | 2 | 990 | $3,000 | 2026-07-20 | — | |
| apartment | 1 | 1 | 755 | $2,700 | 2026-07-20 | — | |
| condos | 1 | 1 | 740 | $3,500 | 2026-07-18 | — | |
| condos | 1 | 2 | 912 | $4,150 | 2026-07-17 | — | |
| condos | 1 | 2 | 861 | $3,950 | 2026-07-17 | — | |
| condos | 1 | 2 | 757 | $2,750 | 2026-07-16 | — | |
| condos | 1 | 2 | 966 | $7,500 | 2026-07-16 | — | |
| condos | 1 | 1 | 776 | $4,500 | 2026-07-15 | — | |
| condos | 1 | 2 | 767 | $2,900 | 2026-07-15 | — | |
| condos | 1 | 2 | 861 | $4,000 | 2026-07-14 | — | |
| condos | 1 | 3 | 940 | $5,400 | 2026-07-13 | — | |
| condos | 1 | 2 | 768 | $2,500 | 2026-07-13 | — | |
| condos | 1 | 2 | 790 | $4,300 | 2026-07-08 | — | |
| condos | 1 | 2 | 966 | $6,700 | 2026-07-03 | — | |
| condos | 1 | 1 | 786 | $3,950 | 2026-07-03 | — | |
| condos | 1 | 2 | 786 | $6,500 | 2026-07-03 | — | |
| condos | 1 | 2 | 768 | $2,250 | 2026-07-02 | — | |
| condos | 1 | 2 | 786 | $5,800 | 2026-06-30 | — | |
| apartment | 1 | 2 | 1,036 | $3,922 | 2026-06-30 | — | |
| condos | 1 | 2 | 786 | $4,250 | 2026-06-27 | — | |
| condos | 1 | 2 | 965 | $3,000 | 2026-06-26 | — | |
| condos | 1 | 1 | 854 | $3,700 | 2026-06-23 | — | |
| condos | 1 | 1 | 779 | $2,400 | 2026-06-22 | — | |
| condos | 1 | 2 | 828 | $3,300 | 2026-06-18 | — | |
| condos | 1 | 2 | 786 | $4,900 | 2026-06-18 | — | |
| condos | 1 | 2 | 1,174 | $4,500 | 2026-06-17 | — | |
| condos | 1 | 2 | 1,080 | $6,200 | 2026-06-11 | — | |
| condos | 1 | 2 | 1,096 | $2,950 | 2026-06-10 | — | |
| condos | 1 | 2 | 786 | $4,700 | 2026-05-23 | — | |
| condos | 1 | 2 | 786 | $3,950 | 2026-05-11 | — | |
| condos | 1 | 2 | 790 | $4,200 | 2026-06-09 | — | |
| apartment | 1 | 2 | 786 | $4,400 | 2026-06-08 | — | |
| condos | 1 | 1 | 792 | $2,800 | 2026-06-05 | — | |
| condos | 1 | 1 | 822 | $2,450 | 2026-06-04 | — | |
| condos | 1 | 2 | 761 | $3,000 | 2026-06-01 | — | |
| condos | 1 | 2 | 785 | $4,500 | 2026-05-29 | — | |
| condos | 1 | 1 | 822 | $2,450 | 2026-05-29 | — | |
| condos | 1 | 1 | 779 | $2,450 | 2026-05-29 | — | |
| condos | 1 | 2 | 768 | $2,300 | 2026-05-22 | — | |
| condos | 1 | 1 | 786 | $4,350 | 2026-05-19 | — | |
| condos | 1 | 2 | 1,147 | $6,325 | 2026-05-15 | — | |
| condos | 1 | 2 | 768 | $2,700 | 2026-05-13 | — | |
| apartment | 1 | 1 | 750 | $1,700 | 2026-05-08 | — | |
| condos | 1 | 2 | 1,327 | $3,800 | 2026-04-27 | — | |
| condos | 1 | 1 | 786 | $4,700 | 2026-08-04 | — | |
| condos | 1 | 1 | 791 | $3,590 | 2026-08-04 | — | |
| condos | 1 | 1 | 762 | $2,500 | 2026-08-03 | — | |
| condos | 1 | 2 | 950 | $3,050 | 2026-08-01 | — | |
| apartment | 1 | 1 | 786 | $4,500 | 2026-07-30 | — | |
| condos | 1 | 1 | 795 | $2,695 | 2026-07-30 | — | |
| apartment | 1 | 2 | 950 | $2,000 | 2025-10-30 | — | |
| condos | 1 | 2 | 746 | $3,400 | 2026-01-16 | — | |
| condos | 1 | 1 | 770 | $3,139 | 2024-04-21 | — | |
| condos | 1 | 2 | 746 | $3,500 | 2026-08-23 | — | |
| condos | 1 | 1 | 779 | $2,550 | 2026-04-09 | — | |
| condos | 1 | 2 | 944 | $5,000 | 2026-08-23 | — | |
| condos | 1 | 1 | 850 | $2,499 | 2025-05-19 | — | |
| condos | 1 | 1 | 794 | $2,950 | 2026-02-06 | — | |
| condos | 1 | 2 | 1,028 | $7,700 | 2026-04-24 | — | |
| condos | 1 | 2 | 854 | $2,900 | 2025-04-01 | — | |
| condos | 1 | 2 | 1,147 | $6,450 | 2026-03-11 | — | |
| condos | 1 | 2 | 1,135 | $6,500 | 2026-03-18 | — | |
| condos | 1 | 2 | 746 | $3,800 | 2026-04-02 | — | |
| condos | 1 | 1 | 843 | $3,800 | 2025-04-02 | — | |
| condos | 1 | 1 | 771 | $4,700 | 2021-12-17 | — | |
| apartment | 1 | 2 | 898 | $4,400 | — | — | |
| apartment | 1 | 1 | 744 | $2,300 | — | — | |
| apartment | 1 | 1 | 861 | $3,850 | — | — | |
| apartment | 1 | 1 | 810 | $3,138 | — | — | |
| apartment | 1 | 1 | 766 | $3,110 | — | — | |
| apartment | 1 | 1 | 794 | $3,447 | — | — | |
| apartment | 1 | 1 | 900 | $3,905 | — | — | |
| apartment | 1 | 1 | 745 | $4,050 | — | — | |
| apartment | 1 | 1 | 802 | $3,200 | — | — | |
| apartment | 1 | 1 | 797 | $2,500 | 2025-01-31 | — | |
| condos | 1 | 1 | 822 | $2,350 | 2026-08-24 | — | |
| condos | 1 | 2 | 761 | $3,100 | 2026-08-28 | — | |
| apartment | 1 | 2 | 835 | $2,800 | 2026-08-27 | — | |
| condos | 1 | 2 | 746 | $3,600 | 2026-01-08 | — | |
| apartment | 1 | 1 | 766 | $3,578 | — | — | |
| apartment | 1 | 1 | 870 | $2,900 | — | — | |
| apartment | 1 | 1 | 870 | $3,000 | — | — | |
| apartment | 1 | 1 | 873 | $3,464 | — | — | |
| apartment | 1 | 1 | 885 | $3,544 | — | — | |
| apartment | 1 | 1 | 820 | $3,459 | — | — | |
| apartment | 1 | 1 | 820 | $3,509 | — | — | |
| apartment | 1 | 1 | 820 | $3,639 | — | — | |
| apartment | 1 | 1 | 820 | $3,630 | — | — | |
| condos | 1 | 1 | 740 | $3,500 | — | — | |
| apartment | 1 | 1 | 863 | $3,689 | — | — | |
| apartment | 1 | 1 | 863 | $3,689 | — | — | |
| apartment | 1 | 1 | 900 | $3,805 | — | — | |
| apartment | 1 | 1 | 820 | $3,739 | — | — | |
| apartment | 1 | 1 | 786 | $2,921 | — | — | |
| apartment | 1 | 1 | 766 | $2,990 | — | — | |
| apartment | 1 | 1 | 789 | $4,125 | — | — | |
| apartment | 1 | 2 | 998 | $3,044 | — | — | |
| apartment | 1 | 1 | 810 | $3,201 | — | — | |
| apartment | 1 | 2 | 998 | $3,259 | — | — | |
| apartment | 1 | 1 | 947 | $3,396 | — | — | |
| apartment | 1 | 1 | 845 | $3,520 | — | — | |
| apartment | 1 | 1 | 811 | $3,524 | — | — | |
| apartment | 1 | 2 | 1,040 | $3,144 | — | — | |
| apartment | 1 | 1 | 810 | $3,208 | — | — | |
| apartment | 1 | 1 | 740 | $3,093 | — | — | |
| apartment | 1 | 1 | 810 | $3,192 | — | — | |
| apartment | 1 | 1 | 777 | $3,392 | — | — | |
| apartment | 1 | 2 | 768 | $3,380 | — | — | |
| apartment | 1 | 1 | 829 | $3,382 | — | — | |
| apartment | 1 | 1 | 872 | $3,293 | — | — | |
| apartment | 1 | 1 | 775 | $3,342 | — | — | |
| apartment | 1 | 1 | 786 | $3,319 | — | — | |
| apartment | 1 | 1 | 813 | $3,494 | — | — | |
| apartment | 1 | 1 | 786 | $3,447 | — | — | |
| apartment | 1 | 2 | 768 | $3,430 | — | — | |
| apartment | 1 | 1 | 767 | $3,374 | — | — | |
| apartment | 1 | 1 | 820 | $3,529 | — | — | |
| apartment | 1 | 1 | 777 | $3,312 | — | — | |
| apartment | 1 | 1 | 758 | $3,449 | — | — | |
| apartment | 1 | 1 | 766 | $3,327 | — | — | |
| apartment | 1 | 1 | 754 | $3,274 | — | — | |
| apartment | 1 | 1 | 901 | $3,425 | — | — | |
| apartment | 1 | 1 | 740 | $3,655 | — | — | |
| apartment | 1 | 1 | 907 | $3,565 | — | — | |
| apartment | 1 | 1 | 820 | $3,594 | — | — | |
| apartment | 1 | 1 | 740 | $3,588 | — | — | |
| apartment | 1 | 1 | 820 | $3,630 | — | — | |
| apartment | 1 | 1 | 820 | $3,604 | — | — | |
| apartment | 1 | 1 | 873 | $3,604 | — | — | |
| apartment | 1 | 1 | 740 | $3,557 | — | — | |
| apartment | 1 | 1 | 840 | $3,739 | — | — | |
| apartment | 1 | 1 | 812 | $3,794 | — | — | |
| apartment | 1 | 1 | 840 | $3,664 | — | — | |
| apartment | 1 | 1 | 812 | $3,739 | — | — | |
| apartment | 1 | 1 | 820 | $3,664 | — | — | |
| apartment | 1 | 1 | 775 | $3,707 | — | — | |
| apartment | 1 | 1 | 740 | $3,770 | — | — | |
| apartment | 1 | 1 | 947 | $4,294 | — | — | |
| apartment | 1 | 1 | 771 | $4,190 | — | — | |
| apartment | 1 | 1 | 771 | $4,048 | — | — | |
| apartment | 1 | 1 | 840 | $4,100 | — | — | |
| apartment | 1 | 1 | 900 | $4,060 | — | — | |
| apartment | 1 | 1 | 812 | $4,100 | — | — | |
| condos | 1 | 1 | 870 | $3,107 | 2025-11-19 | — | |
| apartment | 1 | 1 | 918 | $2,500 | 2026-09-01 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 3301 NE 1st Ave Apt L0304 | condos | 1 | 2 | 711 | $385,000 | 2026-08-27 |
| 3301 NE 1st Ave Apt M0503 | condos | 1 | 2 | 1,328 | $582,000 | 2026-08-26 |
| 501 NE 31st St Unit 2903 | condos | 1 | 2 | 662 | $440,000 | 2026-08-24 |
| 2900 NE 7th Ave Unit 504 | condos | 1 | 2 | 1,029 | $699,510 | 2026-08-24 |
| 350 NE 24th St Apt 814 | condos | 1 | 1 | 679 | $307,500 | 2026-08-21 |
| 460 NE 28th St Apt 1602 | condos | 1 | 1 | 854 | $530,000 | 2026-08-17 |
| 2001 Biscayne Blvd Apt 2306 | condos | 1 | 1 | 706 | $352,000 | 2026-08-13 |
| 3301 NE 1st Ave Apt H2405 | condos | 1 | 2 | 761 | $363,000 | 2026-08-10 |
| 321 NE 26th St Unit 802 | condos | 1 | 1 | 560 | $336,000 | 2026-08-06 |
| 601 NE 36th St Apt 2908 | condos | 1 | 2 | 761 | $490,000 | 2026-08-03 |
| 3301 NE 1st Ave Apt L0302 | condos | 1 | 2 | 711 | $370,000 | 2026-07-31 |
| 121 NE 34th St Unit 2311 | condos | 1 | 1 | 612 | $430,000 | 2026-07-22 |
| 3470 E Coast Ave Apt H0603 | condos | 1 | 1 | 664 | $299,000 | 2026-07-09 |
| 3470 E Coast Ave Apt H2403 | condos | 1 | 2 | 735 | $435,000 | 2026-07-09 |
| 3900 Biscayne Blvd Unit N1011 | condos | 1 | 1 | 636 | $465,000 | 2026-06-29 |
| 3131 NE 7th Ave Unit 1202 | condos | 1 | 2 | 959 | $785,000 | 2026-06-26 |
| 3131 NE 7th Ave Unit 3402 | condos | 1 | 2 | 959 | $760,000 | 2026-06-26 |
| 700 NE 24th St Unit 2504 | condos | 1 | 2 | 1,028 | $1,100,000 | 2026-06-25 |
| 601 NE 27th St Apt 1003 | condos | 1 | 1 | — | $470,000 | 2026-06-05 |
| 3900 Biscayne Blvd Unit S716 | condos | 1 | 1 | 743 | $510,000 | 2026-06-03 |
| 480 NE 31st St Unit 702 | condos | 1 | 2 | 940 | $655,000 | 2026-06-02 |
| 121 NE 34th St Unit L606 | condos | 1 | 1 | 683 | $428,000 | 2026-06-01 |
| 4250 Biscayne Blvd Apt 1112 | condos | 1 | 1 | 640 | $385,000 | 2026-05-27 |
| 333 NE 24th St Apt 1102 | condos | 1 | 1 | 693 | $390,000 | 2026-05-27 |
| 3301 NE 1st Ave Apt H1108 | condos | 1 | 2 | 861 | $465,000 | 2026-05-21 |
| 725 NE 22nd St Apt 17E | condos | 1 | 1 | 850 | $530,000 | 2026-05-12 |
| 725 NE 22nd St Ph 2B | condos | 1 | 1 | 850 | $560,000 | 2026-05-11 |
| 480 NE 31st St Unit 2102 | condos | 1 | 2 | 940 | $712,000 | 2026-05-08 |
| 700 NE 26th Ter Unit 2004 | condos | 1 | 1 | 680 | $610,000 | 2026-05-01 |
| 700 NE 26th Ter Unit 3104 | condos | 1 | 1 | 680 | $715,000 | 2026-04-30 |
| 121 NE 34th St Unit 1906A | condos | 1 | 1 | 713 | $575,000 | 2026-04-24 |
| 600 NE 36th St Apt 414 | condos | 1 | 2 | 990 | $410,000 | 2026-04-18 |
| 3301 NE 1st Ave Apt H1506 | condos | 1 | 2 | 861 | $437,000 | 2026-04-17 |
| 600 NE 36th St Apt 1220 | condos | 1 | 2 | 757 | $377,000 | 2026-04-15 |
| 501 NE 31st St Unit 2902 | condos | 1 | 2 | 622 | $430,000 | 2026-04-02 |
| 600 NE 36th St Apt 720 | condos | 1 | 2 | 757 | $377,000 | 2026-04-01 |
| 700 NE 24th St Unit 2704 | condos | 1 | 2 | 1,037 | $1,080,000 | 2026-03-31 |
| 444 NE 30th St Unit 1105 | condos | 1 | 1 | 643 | $360,000 | 2026-03-25 |
| 3470 E Coast Ave Apt H0803 | condos | 1 | 2 | 735 | $370,000 | 2026-03-25 |
| 700 NE 26th Ter Unit 1004 | condos | 1 | 1 | 680 | $590,000 | 2026-03-25 |
| 501 NE 31st St Unit 2007 | condos | 1 | 2 | 746 | $460,000 | 2026-03-24 |
| 480 NE 31st St Unit 1002 | condos | 1 | 2 | 940 | $725,000 | 2026-03-23 |
| 3301 NE 1st Ave Apt H1705 | condos | 1 | 2 | 761 | $415,000 | 2026-03-17 |
| 333 NE 24th St Apt 1002 | condos | 1 | 1 | 693 | $380,000 | 2026-03-13 |
| 2000 N Bayshore Dr Apt 625 | condos | 1 | 1 | 792 | $365,000 | 2026-03-03 |
| 3470 E Coast Ave Apt H1610 | condos | 1 | 1 | 697 | $480,000 | 2026-03-02 |
| 2900 NE 7th Ave Unit 1506 | condos | 1 | 2 | 1,014 | $710,000 | 2026-02-27 |
| 725 NE 22nd St Apt 9E | condos | 1 | 1 | 850 | $475,000 | 2026-02-26 |
| 600 NE 36th St Apt 1810 | condos | 1 | 2 | 955 | $375,000 | 2026-02-26 |
| 700 NE 24th St Unit 1104 | condos | 1 | 2 | 1,059 | $960,000 | 2026-02-20 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 601 NE 23rd St Apt 707 | condos | 1 | 1 | 663 | $350,000 | — |
| 4250 Biscayne Blvd Apt 1009 | condos | 1 | 1 | 733 | $449,500 | — |
| 90 NE 32nd St Unit 306 | condos | 1 | 2 | 786 | $899,000 | — |
| 480 NE 31st St Unit 1802 | condos | 1 | 2 | 940 | $795,000 | — |
| 90 NE 32nd St Unit 805 | condos | 1 | 1 | 598 | $760,000 | — |
| 460 NE 28th St Apt 1102 | condos | 1 | 2 | 973 | $635,000 | — |
| 480 NE 30th St Apt 1102 | condos | 1 | 2 | 828 | $400,000 | — |
| 121 NE 34th St Unit 1210 | condos | 1 | 1 | 593 | $470,000 | — |
10-year hold projection
IRR-9.7%
Equity multiple-0.65x
Total return (10yr)-$249,195
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $911,550 | -$8,883 | -$65,581 | $700,324 | $211,226 |
| 2 | $938,897 | -$8,912 | -$65,662 | $692,120 | $246,776 |
| 3 | $967,063 | -$8,936 | -$65,740 | $683,353 | $283,710 |
| 4 | $996,075 | -$8,954 | -$65,813 | $673,985 | $322,091 |
| 5 | $1,025,958 | -$8,967 | -$65,882 | $663,972 | $361,985 |
| 6 | $1,056,736 | -$8,974 | -$65,947 | $653,273 | $403,464 |
| 7 | $1,088,438 | -$8,974 | -$66,007 | $641,838 | $446,600 |
| 8 | $1,121,092 | -$8,968 | -$66,061 | $629,619 | $491,473 |
| 9 | $1,154,724 | -$8,954 | -$66,110 | $616,560 | $538,165 |
| 10 | $1,189,366 | -$8,933 | -$66,153 | $602,604 | $586,762 |
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.