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Park Place By the Bay apartments in Miami, FL

Updated

Park Place By the Bay

915 NW 1st Ave, Miami, FL 33136, USA

4.1 (240 reviews) Official Website

Live pricing, refreshed

25
Units Listed
$2,040
Starting at
$2,520
Average
$2,785
Highest
$3.21
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Overtown rent trends

Beds

Pricing by Bedroom

1 Bed
$2,085
from $2,040 · 6 units
~674 sqft avg
2 Bed
$2,658
from $2,489 · 19 units
~821 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

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

95%

of about 469 units (reported building size)

Effective Rent on New Leases

$2,560

vs $2,520 current asking

Recent Lease Activity

75 units tracked; 50 assumed leased, 25 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

25

Very high availability

14 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. Overtown

Neighborhood

Comparing 5 apartments in Overtown. Click any bar to view that building.

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

Available Units

25 units
1 Bed / 1 Bath 1\/1LHNB
$2,040/mo
620 ft² · $3.29/ft² · #LH0333
1 Bed / 1 Bath 1\/1LHNB
$2,040/mo
620 ft² · $3.29/ft² · #LH0336
1 Bed / 1 Bath 1\/1LPNB
$2,066/mo
712 ft² · $2.90/ft² · #LP0103
1 Bed / 1 Bath 1\/1LPNB
$2,066/mo
712 ft² · $2.90/ft² · #LP0204
1 Bed / 1 Bath 1\/1LPNB
$2,066/mo
712 ft² · $2.90/ft² · #LP0340
1 Bed / 1 Bath 1\/1EVB
$2,229/mo
665 ft² · $3.35/ft² · #H2314
2 Bed / 1 Bath 2\/1LHB
$2,489/mo
831 ft² · $3.00/ft² · #LH0218
2 Bed / 2 Bath 2\/2SVD
$2,606/mo
817 ft² · $3.19/ft² · #H0605
2 Bed / 2 Bath 2\/2SVD
$2,606/mo
817 ft² · $3.19/ft² · #H1105
2 Bed / 2 Bath 2\/2SVD
$2,606/mo
817 ft² · $3.19/ft² · #H1113

Train activity

Loud train activity

Freight line 505 ft away

  • Trains pass infrequently
  • Quiet zone. Horns are silenced at the nearest crossing.
  • 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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