COLONNADE BAY CONDO

8530 Byron Ave # 505, Miami Beach FL 33141

2 beds · 2 baths · 1,318 ft²

Closed

$565,000

Est. Payment $3,007/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,318

Sq. Ft.

1979

Year Built

1

Garage

5

Stories

56

Days on Market

Description

Imagine coming home to a sunset over the Intracoastal and bay—the sky shifting evenings as water moves below. This waterfront corner penthouse is a 2-bedroom, 2-bath residence that offers 1,318 square feet of interior space—the largest in the building—paired with unobstructed Intracoastal and bay views and a western orientation showing spectacular sunsets. The home features two private balconies, one off the living room and another off the kitchen, creating rare, usable outdoor spaces overlooking open water. The unit is well maintained and retains its original character, offering immediate comfort and the flexibility to personalize at your own pace—without urgency or compromise. What cannot be replicated is the penthouse elevation, open exposure, and panoramic outlook—timeless attributes that define its value. Additional highlights include central A/C, separate storage, one assigned parking space, and a waterfront building with a pool. Ideally located in North Beach, residents enjoy proximity to world-class shopping, newly renovated parks, and a diverse dining scene offering something for every palate. The beach is moments away, while the Intracoastal Waterway becomes an extension of daily life—perfect for kayaking or canoeing from the building’s private dock. A rare opportunity to acquire a true penthouse with exceptionally low monthly maintenance, generous square footage, and amazing water views in one of Miami Beach’s most rapidly evolving coastal communities.

Facts

MLS#
A11962471
Subdivision
COLONNADE BAY CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1979
Lot Size
0 sqft
Sq. Ft.
1,318 ft²
Sq. Mt.
122 m²
Price per sq. ft.
$429/ft²
Price per sq. mt.
$4,631/m²
Stories
5
Garage
1 spaces
Pool
Days on Market
56 days
Listed
Feb 10, 2026
Last Updated
Apr 30, 2026
Price/Lot Sq.Ft.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

48

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/30/2026Sold$565,000
2/10/2026Listed for sale$565,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

8530 Byron Ave # 505, Miami Beach FL 33141Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$3,628/mo

Principal & Interest

$3,007

Property Tax

$471

Insurance

$150

HOA

$0

20% ($113,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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