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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

28
Units Listed
$2,066
Starting at
$2,565
Average
$3,524
Highest
$3.17
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Overtown rent trends

Beds

Pricing by Bedroom

1 Bed
$2,099
from $2,066 · 6 units
~704 sqft avg
2 Bed
$2,652
from $2,489 · 21 units
~823 sqft avg
3 Bed
$3,524
from $3,524 · 1 units
~1,164 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

$13M annual run rate

Est. Occupancy

94%

of about 469 units (reported building size)

Effective Rent on New Leases

$2,513

vs $2,565 current asking ($52 negotiation gap)

Recent Lease Activity

86 units tracked; 58 assumed leased, 28 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

28

Very high availability

13 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

28 units

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

Filter by unit features

Match all selected features. Layout filters use this unit’s matched floor plan. Missing details do not mean a feature is absent.

Unit features
Accessibility listedPro

Counts show listed matches. Accessibility labels do not describe every access need. Confirm specific features with leasing.

1 Bed / 1 Bath Unit LP0103
$2,066/mo
712 ft² · $2.90/ft²

Available: Oct 15, 2026

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

Available: Nov 5, 2026

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

Available: Oct 16, 2026

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

Available: Now

1 Bed / 1 Bath Unit LP0119
$2,066/mo
712 ft² · $2.90/ft²

Available: Nov 5, 2026

1 Bed / 1 Bath Unit H2614
$2,264/mo
665 ft² · $3.40/ft²

Available: Nov 13, 2026

2 Bed / 1 Bath Unit LH0218
$2,489/mo
831 ft² · $3.00/ft²

Available: Oct 31, 2026

2 Bed / 2 Bath Unit H0605
$2,606/mo
817 ft² · $3.19/ft²

Available: Now

2 Bed / 2 Bath Unit H1105
$2,606/mo
817 ft² · $3.19/ft²

Available: Now

2 Bed / 2 Bath Unit H1213
$2,606/mo
817 ft² · $3.19/ft²

Available: Now

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
  • 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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