Atlantic Luxury Advisors
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73 photos

1606 Bayshore Dr

Miami, FL 33133

$4,675,000
7
6.5
5,588 sq ft
6,000 sq ft
2026
2 car
Single Family Residence
181
Active

Listing courtesy of Continuum Realty LLC (Alina Chudnova). Contact: [email protected].

About this home

Excellent investment opportunity. Property is currently operating as a successful luxury short-term vacation rental with high rental demand and established rental history. Prime location with convenient access to Coral Gables, Key Biscayne, Brickell, Downtown Miami, Miami Beach and the Miami Design District. Ideal for an investor seeking an income-producing Miami asset with flexibility for personal use. Rental history available to serious qualified buyers upon request. Furniture negotiable. Contact Listing Agent for additional information and showing availability.

What it costs to own
Estimated monthly payment
$33,704/mo
Principal and interest
$23,639
Property tax
$7,140
Homeowners insurance
$2,925
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$85,679/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.