Building facts
- Address
- 900 Biscayne Blvd.
- Neighborhood
- Downtown Miami
- Year built
- 2008
- Floors
- 63
- Residences
- 516
- Status
- Completed
- Developer
- Terra Group
- Architect
- Revuelta Vega Leon Architects
- Pricing
- Starting at $620,000
Key Takeaways
- A 5.4% four-year gain in price per square foot — from $706 in 2023 to $744 in 2026 to date puts 900 Biscayne Bay in the minority of Miami towers moving up over this stretch.
- 108 qualified sales across four years — is a genuinely deep sample for a single building, not a handful of transactions to caveat around.
- A roughly 27% drop in 2025’s median sale price — was a floorplate-mix shift, not a market decline — the per-square-foot figure moved less than 2% the same year.
- 147 three-bedroom homes out of 508 residential units — give this building an unusually deep supply of large-format stock for downtown Miami.
- A 1,450 sq. ft. median unit size — sits above the one- and two-bedroom-heavy profile typical of most downtown and Brickell condo stock.
- Roughly one home in nineteen changes hands here every year — based on the three complete sales years on record, a healthy liquidity signal for a building this size.
900 Biscayne Blvd, Miami, Florida 33132 | Neighborhood: Downtown Miami
What’s Actually in 900 Biscayne Bay
The Miami-Dade County Property Appraiser carries 550 folios under the 900 BISCAYNE BAY CONDO subdivision at 900 Biscayne Boulevard in Downtown Miami. Of those, 508 are classified as residential homes and 41 as commercial units. That accounts for 549 of the 550. The remaining folio is a reference folio — an administrative master record carrying zero square feet, not a home — and I would rather name it than guess at what it is.
The 508 residential homes split into 208 one-bedrooms, 153 two-bedrooms and 147 three-bedrooms — that bed-mix count adds up to the full residential total on its own, so there’s no meaningful studio or four-bedroom presence in this subdivision’s county record.
Heated area runs from 912 to 3,654 square feet, median 1,450. In my experience touring towers up and down Biscayne Boulevard and Brickell, a median that large is unusual — most downtown one-and-two-bedroom-heavy stock runs smaller. With 147 three-bedrooms out of 508 homes, nearly 29% of the building, the larger median makes sense: this is a building with real depth in large-format inventory, not a one-bedroom rental machine with a few penthouses bolted on top.
2026 assessed values across the subdivision run from $170,858 to $2,315,480, with a median of $640,393. That spread reflects the building’s mix of unit sizes — a 912-square-foot one-bedroom and a 3,654-square-foot three-bedroom were never going to assess anywhere near each other.
Four Years of Sales, and What They Actually Show
The county record shows 108 qualified, arm’s-length sales at 900 Biscayne Bay across the last four years — a genuinely useful sample size for a single building, not the handful of transactions I have to caveat on some of the smaller enclaves I cover. Bulk and portfolio transfers are already collapsed to a single transaction in these counts, so this is 108 real, individual sales.
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 34 | $1,028,750 | $706 |
| 2024 | 37 | $1,035,000 | $722 |
| 2025 | 23 | $755,000 | $710 |
| 2026 to date | 14 | $1,130,000 | $744 |
Read by price per square foot — the number I lead with, and the reason is below — 900 Biscayne Bay moved from $706 in 2023 to $744 in 2026 to date. That’s a 5.4% gain over roughly three and a half years. It’s not a dramatic number, and I’m not going to dress it up as one. But it’s a gain, on a sample of over a hundred sales, in a Miami condo market where plenty of buildings I’ve pulled this same data for went the other direction over the same stretch. That alone makes 900 Biscayne Bay worth a second look if price direction matters to you.
Turnover here is healthy too. The four-year record carries 108 qualified sales against 508 residential homes — roughly one home in nineteen changing hands annually. That is measured on the same basis as every other building in this series, so the figures are directly comparable. Because 2026 is still incomplete, the true current rate is likely a little higher than nineteen.
2026 itself is incomplete — 14 sales through the date I pulled this record, against 34, 37 and 23 in the three years before it. I’m treating its figures as provisional for that reason: the direction is consistent with the rest of the record, but a partial year shouldn’t be read with the same confidence as a full one.
Did 900 Biscayne Bay Really Fall 27% in 2025?
Look at the table above by median price alone and the building appears to have fallen off a cliff in 2025, then staged a dramatic recovery in 2026. Median price dropped from $1,035,000 in 2024 to $755,000 in 2025 — a 27.1% decline. Then in 2026 to date, the median jumped back to $1,130,000 — a 49.7% increase over 2025. Read that way, this looks like a building that ran into trouble and then suddenly didn’t.
Neither happened. Look at the same two years by price per square foot instead: $722 in 2024, $710 in 2025 — a move of 1.7%, essentially flat. Then $710 to $744 in 2026 to date, up 4.8%. The building didn’t crash and it didn’t roar back. What changed between 2024, 2025 and 2026 wasn’t the market’s opinion of 900 Biscayne Bay — it was which floorplans happened to trade in each year.
This is exactly why I lead with $/sq ft on every building page and treat median price as the secondary number, not the headline. A building with only one or two floorplan sizes doesn’t run into this problem — the two figures move together. 900 Biscayne Bay has a genuinely wide range of unit sizes, 912 to 3,654 square feet, and a deep stock of large three-bedrooms, 147 of 508 homes. When a disproportionate share of smaller units happens to close in a given year, the median price falls even though per-square-foot values hold. When larger three-bedrooms trade instead, the median rises even though per-square-foot values barely move. 2025 and 2026 are as clean a demonstration of that mechanism as I’ve seen across this building set.
The building’s two largest sales on record bracket this well: $3,500,000 in February 2013 for a 2,625-square-foot home, and $3,180,000 in July 2024 for a 3,199-square-foot home. Both sit outside the routine four-year window above — the 2013 sale predates it entirely — and I’m noting both here as ceiling context, not as evidence of a pricing trend. Two data points more than a decade apart can’t establish a trend, and I’m not going to pretend they can.
Who 900 Biscayne Bay Suits — and Who It Doesn’t
This building suits a buyer who wants genuine price appreciation backed by a real sample size, not a hopeful two-sale anecdote. A 5.4% four-year gain in $/sq ft on 108 qualified sales is a defensible number to build a purchase decision around.
It also suits a buyer who actually wants the larger floorplan. 147 three-bedrooms out of 508 homes is real depth, and a 1,450-square-foot median gives you more room than most downtown Miami towers offer at a comparable price. If you’re trading up from a one-bedroom investment unit into a home you plan to live in, this building has genuine inventory in that size range.
Liquidity-minded buyers and investors should take the roughly one-in-nineteen annual turnover rate noted above as a healthy sign — homes here sell with some regularity, which matters if you may need to exit.
It suits this building badly if you read the 2025 numbers and expect a bargain. The $755,000 median that year wasn’t a discount on the building — smaller homes happened to trade. Price by $/sq ft, not by matching last year’s median, or you’ll misprice your offer in either direction.
A word for sellers: if you own a smaller one-bedroom here, don’t let a strong three-bedroom sale in your comp set inflate expectations, and don’t let a soft median year like 2025 talk you into underpricing a well-supported $/sq ft number. Price the square footage, not the headline.
I don’t have building age, storey count or amenity detail confirmed from a primary source for 900 Biscayne Bay, so I’m leaving those out rather than filling them from memory. What’s above is what the county record actually supports.
Verified 18 August 2026 against the Miami-Dade County Property Appraiser record for 900 Biscayne Boulevard, Downtown Miami — all 550 folios retrieved individually, grouped by subdivision (900 BISCAYNE BAY CONDO) and filtered to residential homes, excluding commercial folios along with parking, cabana and storage. Sale figures are qualified, arm’s-length transactions only, with bulk/portfolio transfers collapsed to a single transaction. 2026 is an incomplete year. Building age, storey count and amenity detail are omitted: no primary source has been confirmed for them. Re-check when the next tax roll publishes.
900 Biscayne Bay — Frequently Asked Questions
Has 900 Biscayne Bay’s price per square foot actually gone up since 2023?
Yes. The Miami-Dade County Property Appraiser’s qualified sales record shows median price per square foot moving from $706 in 2023 to $744 in 2026 to date, a 5.4% gain across 108 qualified sales. That’s a real, if modest, four-year increase — and it puts this building in the minority of Miami condos I’ve reviewed that gained value over this period rather than losing it.
Why did the median sale price drop so sharply in 2025 if per-square-foot values held?
Because median sale price and price per square foot measure different things. The 2025 median fell to $755,000 from $1,035,000 in 2024 — a 27.1% drop — but the median $/sq ft barely moved, from $722 to $710, down just 1.7%. The explanation is floorplate mix: a disproportionate share of smaller homes happened to sell in 2025. The building’s own value didn’t fall anywhere near 27%.
How many homes are actually in 900 Biscayne Bay?
The county record shows 550 folios in the 900 BISCAYNE BAY CONDO subdivision: 508 classified as residential homes and 41 as commercial units (the remaining folio is an administrative reference record carrying zero square feet). Of the 508 residential homes, 208 are one-bedrooms, 153 are two-bedrooms and 147 are three-bedrooms.
What size are the units at 900 Biscayne Bay?
Heated area ranges from 912 to 3,654 square feet, with a median of 1,450 square feet — a larger median than most downtown Miami condo stock, driven by a deep supply of 147 three-bedroom homes.
How liquid is this building — how often do units actually sell?
Across the four years on record the building recorded 108 qualified sales, an average of 27 a year against 508 residential homes. That works out to roughly one home in nineteen changing hands annually, a healthy turnover rate for a building this size.
What’s the highest price ever paid for a unit at 900 Biscayne Bay?
The highest qualified sale on record is $3,500,000, closed in February 2013 for a 2,625-square-foot home. The most recent high-water mark is $3,180,000, closed in July 2024 for a 3,199-square-foot home. Both sit outside the routine four-year sales window and are noted here as ceiling context, not as evidence of a trend — two sales over a decade apart can’t establish one.
Is 900 Biscayne Bay a good fit for every buyer?
No, and I’d rather say that directly. It fits a buyer who wants a defensible price-appreciation record and genuine large-format inventory. It fits poorly a buyer looking for a 2025-priced bargain — that year’s low median reflected which units sold, not a discount on the building. I also don’t have confirmed building age, storey count or amenity detail from a primary source, so those are left off this page rather than filled from memory.
Sources and further reading
Interested in selling at 900 Biscayne Bay?
Learn more about selling your condo at 900 Biscayne Bay with Josh Stein.
Related coverage
Part of Miami Luxury Condos.