+30 more
$229K
North Bay Village Condo Unit 217
1801 Treasure Dr, Unit 217 • North Bay Village, FL 33141
About This Unit
Corner unit with sweeping Intracoastal views from every room, renovated 2-bedroom, 2-bath residence on the 2nd floor of North Bay Village's sought-after waterfront enclave is move-in ready. The fully updated kitchen features quartz countertops, stainless steel appliances, and a designer tile backsplash. Resort-style amenities include a waterfront heated pool, fitness center, 24/7 security patrol, and lush tropical gardens. One attached garage parking space included. HOA covers water, cable, and internet Investor-friendly: currently tenant-occupied at $2,350/month. Seller financing considered for qualified buyers. ****Cash offers only****
Pricing at North Bay Village Condo — $254/sqft
At $254/sqft, North Bay Village Condo Unit 217 is priced below the building's typical 2BR — worth a closer look.
North Bay Village Condo Unit 217 vs Active Listings at North Bay Village Condo: This condo is -2.5% lower ($7/less per sqft) than the building's active 2BR median of $261/sqft, based on 4 active 2BRs.
Rank: This unit's $/sqft is higher than 25% of currently-active 2BR units at North Bay Village Condo (sample of 4).
Based on live MIAMIRE active & closed listings at North Bay Village Condo.
Time on Market — 5 days
North Bay Village Condo Unit 217 is fresh to market — limited negotiating leverage at this stage.
This unit's 5 days on the market is 111 days shorter than the active 2BR median of 116 days (-95.7%).
Inventory position: 0th percentile for 2BRs currently active at this building.
Price History
Originally listed at $249,900. Reduced to $229,000 on Apr 29, 2026 (after 2 days on market) — -8.4% (−$20,900).
Estimated Monthly Cost
Mortgage (P&I)
$1,244
HOA
$897
Property Tax
$379
Total / mo
$2,519
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.98%.
HOA $1/sqft · All-in $2.8/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at North Bay Village Condo.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 2BR Comps at North Bay Village Condo
UnitListSqft$/sqftDOM
#329
$240,000
900
$267
236
#426
$295,000
900
$328
40
#526
$220,000
900
$244
191
#217
$229,000
900
$254
5
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
Insider Notes from Ricky
- North Bay Village Condo is a 5-story low-rise at 1801 Treasure Dr, Miami Beach, FL 33141, built 1972. Currently 5 active listings on the market, with active asking prices ranging up to $340K.
- Neighborhood: Miami Beach. Miami Beach is three distinct neighborhoods: South Beach (Ocean Drive, Lincoln Road, Art Deco, walking-everywhere), Mid-Beach (Faena, Edition -- quieter money), and North Beach (newer ultra-luxury construction without South Beach baggage). Per-square-foot variance between them is enormous.
- Buyer profile here: Mix of primary residents (especially South Beach south of Fifth and Mid-Beach Faena District), second-home buyers, and condo-hotel investors.
- Built 1972 (now 54 years old) -- past Florida's 25-year structural recertification trigger.
- Value-tier inventory with active asking prices up to $340K.
- At 5 stories, North Bay Village Condo is low-rise scale -- fewer total units typically means a more intimate building feel.
- Compared anchor: Compared to Sunny Isles (oceanfront tower wall), Miami Beach has more architectural diversity, more restaurants per block, and the South of Fifth and Faena Districts give some sub-areas resort-grade amenity stacks.
- Rental rules vary per association in this market -- most Miami-Dade condos require 6 or 12-month minimum leases. Verify per-association before assuming Airbnb potential.
- Pre-offer diligence: Older South Beach inventory hits Florida's 25-year structural recertification triggers; reserve study and assessment history are critical pre-offer items on pre-2000 buildings.
- Ricky has worked the Miami Beach market for years and can pull HOA documents, recent comps, and reserve study status on any unit you're considering. Text (305) 33-RICKY -- that's (305) 337-4259 -- for a same-week walk-through.
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1972 (54 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Aug 2022 for $225,000 — held 4 years. They’re now asking $229,000 — +1.8% (+$4,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
| Date | Price | Type |
|---|---|---|
| Aug 2022 | $225,000 | arm’s-length |
| Oct 2010 | $67,750 | Financial inst or "In Lieu of Forclosure" stated |
| Dec 2005 | $265,000 | arm’s-length |
| Jul 2004 | $160,900 | arm’s-length |
Source: Miami-Dade Property Appraiser. This unit owns 0.0081982% of the building’s common elements. County living area: 900 sqft.
Building: North Bay Village Condo
Unit: 217
Year Built: 1972
Stories: 5
City: North Bay Village
Postal Code: 33141
HOA Fee: $897 / Monthly
View: Intracoastal View
Waterfront: No
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 5
Listed: April 28, 2026
MLS #: A12009494
Location
Listing courtesy of: BlueBay Brokers, LLC.
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A12009494
• Updated May 3, 2026
