Own Mid-Beach & North Beach · Normandy Isles

Bay Plaza

7125 Bay Dr · Built 1986 · 5 floors · 32 residences

1 for sale
For sale
1
0 pending
Median asking
$450K
from $450K
Median $/sqft
$409/sqft
Days on market
67
0 sold in 12 months

Bay Plaza is a waterfront building situated in a growing area of Miami Beach. The property is located within walking distance of the beach, restaurants, stores, and schools.

The building features a pool with views of the canal. Units include balconies with views of the water.

Live near more of Miami

What surrounds Bay Plaza: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Mid-Beach & North Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Miami Beach BoardwalkFaena DistrictFontainebleauNorth Shore Open Space ParkNormandy Isle ParkLa Gorce Country ClubCollins Avenue
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Bay Plaza; bars are closings per month.

$290$297$305Feb 2024Apr 2026Sep 2026

Location

Nearby buildings within half a mile.

Building facts

Address
7125 Bay Dr
Year built
1986
Floors
5
Residences
32
Developer
7125 Bay Corp.
Waterfront
Yes

Amenities

  • · Pool

Building rules

Pet, leasing and parking rules are being verified with the association.

Special assessments & recertification outlook

Elevated

Public records checked Oct 31, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 1986 — past its first structural milestone; next inspection around 2031

Estimated from Bay Plaza’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Bay Plaza: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

Not enough recorded loans

No bank mortgages recorded here in the last two years. That is not a verdict on the building — many condos trade for cash — only the absence of a signal.

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Mid-Beach & North Beach

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 8.0 ft (NGVD29).
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
2.3 ft
Lowest nearby street
2.5 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 1.5 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Bay Plaza cost?+

There are 1 condos for sale at Bay Plaza, from $450,000, with a median asking price of $450,000 ($409/sqft).

How much are the HOA fees at Bay Plaza?+

HOA / maintenance fees at Bay Plaza run around $680 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Bay Plaza a waterfront building?+

Yes — Bay Plaza is a waterfront building (Mid-Beach & North Beach).

When was Bay Plaza built?+

Bay Plaza was built in 1986, 5 stories, 32 residences.

Who developed Bay Plaza?+

Bay Plaza was developed by 7125 Bay Corp..

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