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Property Status: Active Beautiful one bed one bath, great location safe neighborhood, newly renovated unit... Office Phone: (786) 356-9166 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 987 Bay Dr #1 compares to other nearby properties.
Positives
| Neighborhood | Normandy Isles |
|---|---|
| Zip code | 33141 |
| Type | Apartment for rent |
1-bedroom apartments at 987 Bay Dr #1 cost about 11% less than the average rent price for 1-bedroom apartments in Miami Beach.
| Month | Median Rent |
|---|---|
| June 2024 | $2,700 |
| July 2024 | $2,612 |
| August 2024 | $2,648 |
| September 2024 | $2,587 |
| October 2024 | $2,500 |
| November 2024 | $2,470 |
| December 2024 | $2,500 |
| January 2025 | $2,462 |
| February 2025 | $2,400 |
| March 2025 | $2,500 |
| April 2025 | $2,700 |
| May 2025 | $2,550 |
| June 2025 | $2,522 |
| July 2025 | $2,518 |
| August 2025 | $2,519 |
| September 2025 | $2,505 |
| October 2025 | $2,510 |
| November 2025 | $2,500 |
| December 2025 | $2,450 |
| January 2026 | $2,428 |
| February 2026 | $2,367 |
| March 2026 | $2,412 |
| April 2026 | $2,537 |
| May 2026 | $2,600 |
| Month | Median Rent |
|---|---|
| June 2024 | $2,000 |
| July 2024 | $2,000 |
| August 2024 | $2,000 |
| September 2024 | $2,000 |
| October 2024 | $2,000 |
| November 2024 | $1,980 |
| December 2024 | $2,000 |
| January 2025 | $1,978 |
| February 2025 | $1,950 |
| March 2025 | $1,971 |
| April 2025 | $1,950 |
| May 2025 | $1,950 |
| June 2025 | $1,987 |
| July 2025 | $2,000 |
| August 2025 | $1,992 |
| September 2025 | $1,994 |
| October 2025 | $1,998 |
| November 2025 | $1,954 |
| December 2025 | $1,947 |
| January 2026 | $1,950 |
| February 2026 | $1,937 |
| March 2026 | $1,912 |
| April 2026 | $1,912 |
| May 2026 | $1,890 |
Can I afford to live at 987 Bay Dr #1?
Bedrooms
1 bedroomRent-to-income ratio
30%
$68,000/yr
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Normandy Isles | Miami Beach, FL