Comptroveby RentSpire

The Watermarc at Biscayne Bay

2150 N Bayshore Drive, Miami, FL, 33137

Market rate 2,026 units (unit count basis: listing-reported) Built 2021 Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $4,300. Average effective rent: $4,300.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$3,644$3,6449741
2 bedroom$4,610$4,6101,2151
3 bedroom$4,647$4,6471,4471

HUD Fair Market Rent gap

HUD area: Miami-Miami Beach-Kendall, FL HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

Enjoy smart home technology for added convenienceHost events at the 27th-floor sky deck and clubroomKeep your pet clean at the on-site pet washing stationRelax at the rooftop pool with stunning bay viewsStay fit in the 24/7 fitness center and yoga studio.

Operator

Managed by Apartment Income REIT (AIRC).

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

No nearby comparables with rent data were found within 3 miles.

Sources & provenance

Sourced from https://www.thewatermarcbiscaynebay.com/floor-plan/2-bedroom/design-2b/0705.html — 1 observation(s), last observed Aug 1, 2026.

Sourced from https://www.thewatermarcbiscaynebay.com/floor-plan/3-bedroom/design-3a/0809.html — 1 observation(s), last observed Aug 1, 2026.

Sourced from https://www.thewatermarcbiscaynebay.com/floor-plan/1-bedroom/design-1d/0504.html — 1 observation(s), last observed Aug 1, 2026.

Data age: 16 days. Last observed: Aug 1, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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