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Bay Park Towers

3301 N.E. 5TH AVENUE, Miami, FL 33137
Building file last updated 2026-07-10 · How we research buildings
1961
YEAR BUILT
254
UNITS
14
FLOORS
$315,000-$500,000
RECENT SALES

Bay Park Towers is a 14-story mid-century high-rise in Miami's Edgewater/Biscayne Corridor neighborhood, built in 1961 with studio, one-, and two-bedroom residences ranging from 440 to 1,512 square feet. The building carries a Walk Score of 85, reflecting a highly walkable location near Biscayne Boulevard's restaurants and shops, a short drive from Midtown Miami, the Design District, and Downtown Miami.

What our building intelligence file shows

No red flags currently on our file (last updated 2026-07-10) — but our file reflects publicly identified issues, not verified good standing. Your report re-checks all 14 risk categories fresh and tells you exactly what to verify with the association.

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Researched fresh for your purchase from state, county and city records, court dockets, and live market data. Delivered within 24 hours — usually much sooner.
Buying a specific unit? Add the Unit Price Analysis (+$5): is the asking price fair? We position it against the building's recent sales and estimate your true monthly cost of ownership — HOA, known assessments, and taxes — for your unit.

Frequently asked questions

How much do condos at Bay Park Towers cost?

Recent listings at Bay Park Towers range around $315,000-$500,000.

What is the pet policy at Bay Park Towers?

Publicly reported pet policy: pet friendly. Confirm current rules with the association before purchasing.

How old is Bay Park Towers?

Bay Park Towers was built in approximately 1961 and rises 14 floors with 254 units.

What is the building inspection status at Bay Park Towers?

Florida condominiums of this age are subject to milestone inspection and structural reserve requirements. Our Intelligence Report covers what official city and county records show for this building, and what remains for a buyer to verify with the association.

Why Florida condo buildings need a closer look

When you buy into a condo building that's 15 or more years old — anywhere in the US — you should expect by default that an assessment, or several, is in effect or on the way: roof repairs, elevator replacement, repaving, facade work. Buildings age on a schedule, and the bill lands on the owners: often hundreds of dollars a month on top of your mortgage, HOA fee, taxes, and insurance. The unit listing rarely mentions any of it.

In Florida, the stakes for older buildings are higher still. Since the 2021 Surfside tragedy, state law requires milestone structural inspections at 30 years (25 in some coastal areas), Structural Integrity Reserve Studies, and — critically — bars associations from waiving reserve funding for structural components, ending decades of artificially low fees. Add the state's insurance surge, and many older buildings carry obligations that never appear in a listing. None of this makes an older building a bad purchase — but the difference between a well-run 1970s tower and a struggling one can be tens of thousands of dollars per unit. That's the question our building intelligence answers.

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Nearby in Miami: Star Lakes Estates · Point East One · Green Hills Park West Condominium · Grove Gardens · Kendall Acres · All Miami condos