A&J Realty Miami LLC
Fractional Ownership Investment Opportunity, Available months remaining are May & June, July & Aug, Sept & Oct, November & December
Property Overview
Welcome to 1930 Bay Drive, PH1, Miami Beach, FL 33141—a luxurious penthouse offering panoramic views of Biscayne Bay. This exclusive residence features an outdoor kitchen, pool, paddle boards, water bike, bicycles,pickle ball equipment, sports equipment, free parking, boat dock, and an upcoming rooftop gym.
Investment Details
• Total Property Value: $4,200,000
• Fractional Ownership: 6 investors
• Individual Buy-In: $700,000
• Annual Expenses:
o HOA and Utilities: $36,000
o Property Taxes: $56,540
o Total Annual Expenses: $92,540
o Per Investor Expense Annual Share: $15,423
• Usage Rights: Each investor enjoys 2 months of exclusive use per year. Owners can trade periods to accommodate extended stays.
Recent Sales and Developments in the Area
• 1930 Bay Drive, PH4: Sold in April 2023 for $4,800,000
Zillow
• 1920 Bay Drive: An 8,850 sq ft lot with 52 feet of water frontage, zoned RM-1, suitable for new condominium development. Sold in Feb 2025 for $5,500,000
Zillow
• 1940 Bay Drive: Approved for a 5-story, 12-unit condominium project with private boat slips and rooftop amenities.
The Real Deal
• Monaco Yacht Club & Residences: A luxury waterfront development featuring 37 residences with one to four-bedroom models, offering views of the Atlantic Ocean and Biscayne Bay.
Miami Residential
Market Trends and Forecast
The 33141-housing market has shown resilience and is up 15.3% year-over-year.
Redfin

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