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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

4.1 (240 reviews) Official Website

Live pricing, refreshed

27
Units Listed
$2,040
Starting at
$2,587
Average
$3,524
Highest
$3.21
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Miami, FL rent trends

Beds

Pricing by Bedroom

1 Bed
$2,062
from $2,040 · 6 units
~696 sqft avg
2 Bed
$2,698
from $2,606 · 20 units
~820 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

Window

Property Price Trend

Units with Price Changes (10)

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

94%

of about 469 units (reported building size)

Effective Rent on New Leases

$2,556

vs $2,587 current asking ($31 negotiation gap)

Recent Lease Activity

60 units tracked; 33 assumed leased, 27 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

27

Very high availability

12 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 4 apartments in Overtown. Click any bar to view that building.

Available Units

27 units
1 Bed / 1 Bath 1\/1LHNB
$2,040/mo
620 ft² · $3.29/ft\u00B2 · #LH0336
1 Bed / 1 Bath 1\/1DWC
$2,066/mo
709 ft² · $2.91/ft\u00B2 · #H1601
1 Bed / 1 Bath 1\/1LPNB
$2,066/mo
712 ft² · $2.90/ft\u00B2 · #LP0122
1 Bed / 1 Bath 1\/1LPNB
$2,066/mo
712 ft² · $2.90/ft\u00B2 · #LP0204
1 Bed / 1 Bath 1\/1LPNB
$2,066/mo
712 ft² · $2.90/ft\u00B2 · #LP0206
1 Bed / 1 Bath 1\/1LPNB
$2,066/mo
712 ft² · $2.90/ft\u00B2 · #LP0230
2 Bed / 2 Bath 2\/2SVD
$2,606/mo
817 ft² · $3.19/ft\u00B2 · #H0605
2 Bed / 2 Bath 2\/2SVD
$2,606/mo
817 ft² · $3.19/ft\u00B2 · #H0911
2 Bed / 2 Bath 2\/2SVD
$2,606/mo
817 ft² · $3.19/ft\u00B2 · #H0913
2 Bed / 2 Bath 2\/2SVD
$2,606/mo
817 ft² · $3.19/ft\u00B2 · #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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