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Park Place By the Bay apartments in Miami, FL

Updated

Park Place By the Bay

4.1 (240 reviews) Official Website

Live pricing, refreshed

20
Units Listed
$2,040
Starting at
$2,455
Average
$3,560
Highest
$3.09
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Downtown Miami rent trends

Beds

Pricing by Bedroom

1 Bed
$2,112
from $2,040 · 8 units
~689 sqft avg
2 Bed
$2,605
from $2,484 · 11 units
~824 sqft avg
3 Bed
$3,560
from $3,560 · 1 units
~1,337 sqft avg

Rent Distribution

The final bar groups units at that price or more when the range is wide.

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Lines hold the last known price between updates. Diamond markers show changes in quote terms.

Timeframe

Property Price Trend

Estimated Building Revenue

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$1.1M

$14M annual run rate

Est. Occupancy

96%

of about 469 units (reported building size)

Effective Rent on New Leases

$2,543

vs $2,455 current asking

Recent Lease Activity

95 units tracked; 75 assumed leased, 20 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

20

Good availability

11 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Miami, FL

Similar

Comparing this building against 6 similar Miami, FL apartments by price. Click any bar to view that building.

See rent trends on the Miami, FL map Explore Miami, FL on the interactive map

Available Units

20 units

Select a unit to see its price history and link to the rental site.

1 Bed / 1 Bath Unit LH0332
$2,040/mo
620 ft² · $3.29/ft²

Base rent

Available: Jan 1, 2027

1 Bed / 1 Bath Unit LP0340
$2,066/mo
712 ft² · $2.90/ft²

Base rent

Available: Dec 1, 2026

1 Bed / 1 Bath Unit LP0344
$2,066/mo
712 ft² · $2.90/ft²

Base rent

Available: Dec 1, 2026

1 Bed / 1 Bath Unit LP0226
$2,066/mo
712 ft² · $2.90/ft²

Base rent

Available: Dec 18, 2026

1 Bed / 1 Bath Unit LP0304
$2,066/mo
712 ft² · $2.90/ft²

Base rent

Available: Dec 1, 2026

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Loud train activity

Freight line 505 ft away

  • Trains pass infrequently
  • Crossing 505 ft away. Horns expected during the day.
  • Operator: FEC

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Miami, FL notes

No resident notes for this property yet.

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