7133 Bay Dr # 305, Miami Beach FL 33141 | Miami-Dade County | A12028596
- $249,000
- $249,000
Description
Spacious residence offering comfortable living in a desirable Bay Drive location. This unit features an open layout concept with abundant natural light, impact windows, generous living and dining areas, and a private balcony ideal for relaxing or entertaining. The kitchen provides ample cabinetry and counter space, while the bedroom offers good size and storage. Enjoy a well-kept building with convenient amenities and a prime location near shopping, dining, major roadways, and local waterfront attractions. Perfect for an end user looking for a centrally located bayfront community. Association has reserves.
Property Overview
This is a 1-bedroom, 1-bath condominium of about 900 square feet at 7133 Bay Dr # 305, Miami Beach FL 33141 (Miami Beach 33141), listed at $249,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $797.
The tax of record is $2,483 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $4,980/yr (≈ $415/mo); with the homestead exemption on a primary residence, about $3,980/yr (≈ $332/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 7133 Bay Dr #305 is $249,000. While the MLS does not specify the furnished status, fixtures and built-in appliances typically convey with the home—always confirm specifics before closing. The unit itself includes its own laundry, but residents also enjoy shared HOA amenities like the business center, elevator access, and pool.
For precise details on what stays with the property, reach out directly to Christopher Lazaro, Miami Beach Real Estate Advisor, who can verify inclusions and guide you through the process.
Where exactly is it, and what should I know about the location?
7133 Bay Drive #305 is in Miami Beach, Florida, 33141, along the coastal corridor just west of Collins Avenue. This prime location offers easy access to the beach, local dining, and shopping while maintaining a residential feel. For precise details on the neighborhood’s dynamics or to schedule a private tour, reach out to Christopher Lazaro, Miami Beach Real Estate Advisor, today.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for 7133 Bay Dr #305 is $797, which covers Common Area maintenance, Parking, and Pool Service as confirmed by the association’s records. Note that an active special assessment is currently in place—we’ll verify its balance and terms for you. As with all Miami Beach properties, this community adheres to local ordinances; review the Miami Beach Municipal Code for details. For precise fee breakdowns or assessment specifics, contact Christopher Lazaro, Miami Beach Real Estate Advisor, to ensure full transparency.
What are the property taxes and homestead implications?
The current tax of record for 7133 Bay Dr #305 is $2,483 (2025), but Florida reassesses at sale. As an estimate only, at the $249,000 list price and Miami-Dade’s approximate 2.0% rate: without homestead, expect around $4,980/yr (≈ $415/mo); with Florida’s homestead exemption—which lowers taxable value for primary residences only—the estimate drops to $3,980/yr (≈ $332/mo). These are estimates, not quotes; always confirm with the Miami-Dade Property Appraiser and a tax professional. For precise figures tailored to your situation, contact Christopher Lazaro, Miami Beach Real Estate Advisor.
Is the home in a flood zone, and what does that mean?
Flood zones indicate a property's risk level for flooding, with FEMA classifying areas from high-risk (like Zone A or V) to minimal-risk (Zone X). FEMA's flood zone definitions detail these categories, and you can view the FEMA flood map for this address to confirm its specific designation. If the home is in a high-risk zone, lenders typically require flood insurance—a key factor to weigh alongside the $249,000 listing price. For precise guidance, connect with Christopher Lazaro, Miami Beach Real Estate Advisor, who can clarify the implications and next steps.
Are pets allowed?
Yes, pets are allowed at 7133 Bay Dr #305—a rare perk for Miami Beach condos. We’ll gladly pull the association’s exact pet rules (size, breed, or quantity limits) for you to review before proceeding. Note that documented service animals or emotional support animals follow separate federal accommodation laws.
For the latest details or to discuss this unit’s pet policy, contact Christopher Lazaro, Miami Beach Real Estate Advisor, directly.
How is the price set and is there room to negotiate?
The price reflects a competitive Miami Beach condo market where Miami-Dade condos have recently been closing at 94% of list, averaging 64 days on market (MIAMI REALTORS®, May 2026). Your specific negotiation leverage depends on a CMA of recent sales in this building and nearby—I’d be happy to provide a Miami Beach-specific CMA before you consider an offer. For precise guidance tailored to 7133 Bay Dr #305, contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify the current dynamics.
What financing step do you recommend before touring?
Before touring 7133 Bay Dr #305, I strongly recommend securing a pre-approval from a Florida Licensed Mortgage Loan Originator. This clarifies your budget and strengthens your position in Miami Beach’s competitive market, especially for this $249,000 condo. Reach out to me, Christopher Lazaro, Miami Beach Real Estate Advisor, to verify financing options or schedule a showing—I’ll ensure you’re fully prepared.
Monthly Fees & Carrying Costs
| Association Fee | $797 / month |
| Total Monthly Fees | $797 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Have a question about this Miami Beach listing?
Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Bay Dr
-
City: Miami Beach
-
Zip/Postal Code: 33141
Details
Updated on July 4, 2026 at 5:52 pm-
Property ID A12028596
-
Price $249,000
-
Property Size 900 Sq Ft
-
Bedroom 1
-
Room 0
-
Bathroom 1
-
Year Built 1969
-
Property Status Active, Residential
Additional details
-
Flooring Tile
-
Waterfront Features Canal Front
-
Bedroom Features Entry Level, Primary Bath Tub
-
Cooling Central Air
-
Association Type Condo
-
Building The Knightsbridge
-
Association Fee Frequency Monthly
-
Area The Knightsbridge Condo
-
Annual Tax 2483
-
Association Yes
-
Elementary School Treasure Island
-
Private Pool No
-
Listing Terms All Cash, Conventional
-
Waterfront Yes
-
Full Bathrooms 1
-
Subdivision THE KNIGHTSBRIDGE CONDO
-
Total Stories 9
-
Restrictions No Daily Rentals
-
Maintenance Includes Common Area, Parking, Pool Service
-
Amenities Business Center, Laundry, Elevator(s), Pool
-
Parking 1 Space, Assigned
-
Heating Central
-
Structure Type Condo 5+ Stories, Condo
-
Tax Year 2025
-
Construction Concrete Block Construction
-
Building Area 900
-
Covered Spaces 0
-
Middle School Nautilus
-
Unit Floor 3
-
View Canal, Intracoastal View, Pool Area View
-
Year Built Details Resale
-
High School Miami Beach
-
Pets Allowed Yes
-
Attached Yes
-
Unit Number 305
-
Inclusions None
-
Half Bathrooms 0
-
Flood Zone AE
-
New Construction No
-
Garage Spaces 0
-
Style Condo 5+ Stories
-
Association Fee 797
-
Lot Size (Sq Ft) 0
-
Membership Purchase Required No
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees