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Buildings/North Bay Village/THE GRANDVIEW PALACE COND

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THE GRANDVIEW PALACE COND

7601 E Treasure Dr, North Bay Village 33141

★ 3.7

1987

Year Built

532

Units

CI Score

Moderate

For Sale

$485K

Avg Price

$403

Sale $/SF

For Rent

$2,750

Avg Rent

$2.91

Rent $/SF

-3.1%

YoY

For Sale

For Rent

Investor-Owned

70%

Avg HOA

$817/mo

Building Details

Address

7601 E Treasure Dr, North Bay Village, 33141

Neighborhood

North Bay Village

Year Built

1987

Total Units

532

Avg Unit Sqft

1,025 SF

Tier

Premium

Avg $/SF

$402.91

Avg Rent

$2,750/mo

Rent $/SF

$2.91/SF

HOA Range

$595 – $1,173

Google Rating

3.7 (84 reviews)

Neighborhood Rank

Top 20%

Avg Unit Value

$346K

Total Sales (All-Time)

1,391

Phone

(305) 861-7512

Investment Analysis

Yield Metrics

Rental Yield (annualized)8.0%

YoY Appreciation-3.1%

Total Yield91.5%

Median Rent$2,750/mo

YoY Rent Change-5.2%

YoY Sale $/SF Change+9.2%

Liquidity & Demand

Closed Sales (120d)2

Days on Market158 days

Months of Inventory70.0

Sale-to-List Ratio1.0%

Price Reduction Rate100%

Investor-Owned70%

For Sale6

For Rent6

Top 20%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$403

+23.9%

Rental Price Trend ($/SF)

$2.62

-10.0%

Building Activity

Sales & Listings

Active Listings

For Sale (6)

$369K

Unit 2404

1 bd1 ba705 sf

$375K

Unit 1021

2 bd2 ba1,030 sf

$364/SF64 DOM

$375K

2 bd2 ba1,030 sf

$395K

Unit 2001

2 bd2 ba1,030 sf

$384/SF

$399K

2 bd2 ba1,030 sf

$387/SF171 DOM

$424K

2 bd2 ba1,030 sf

For Rent (6)

$2K

Unit 703

2 bd2 ba1,030 sf

$2/SF3 DOM

$2K

Unit 1401

1 bd1 ba705 sf

$3/SF

$3K

Unit 2309

2 bd2 ba1,030 sf

$3/SF77 DOM

$3K

Unit 1604

2 bd2 ba1,030 sf

$3/SF85 DOM

$3K

Unit 607

2 bd2 ba1,061 sf

$3/SF54 DOM

$3K

Unit 2210

2 bd2 ba1,030 sf

$3/SF4 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Feb 9, 2026	$440K	$427.18	2/2	1,030
Feb 2, 2026	$390K	$378.64	2/2	1,030
Dec 18, 2025	$373K	$362.14	2/2	1,030
Nov 24, 2025	$320K	$310.68	2/2	1,030
Oct 27, 2025	$475K

Units & Ownership

Total Units

532

Avg Sqft

1,025 SF

Avg Assessed

$296K

Owner-Occupied

30%

Tax & Ownership

Investor-Owned

70%

Owner-Occupied

30%

Avg Assessed Value

$296K

Avg Taxable Value

$280K

Effective Year Built

1987

Zoning

6300

Unit Mix

Studio12

Avg 1,058 SF

1 BR3

Avg 705 SF

2 BR489

Avg 1,036 SF

4 BR2

Avg 1,046 SF

Unknown26

Avg 832 SF

Unit Directory

Showing 10 of 532 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
401	2	2	1,030	$241K	—	$235K	$228	Feb 2017
402	2	2	1,030	$241K	—	$230K	$223	Dec 2014
403	2	2	1,030	$241K	—	$170K	$165	Nov 2014
404	2	2	1,030	$208K	✓	$220K	$214	Oct 2021
405	2	2	1,061	$332K	—	$324K	$305	May 2022
406	2	2	1,030	$250K	—	$100	$0	May 2012
407	2	2	1,061	$328K	—	$89K	$84	Dec 2010
408	2	2	1,030	$332K	✓	$354K	$344	Jun 2022
409	2	2	1,030	$332K	—	$339K	$329	Jun 2022
410	2	2	1,030	$195K	✓	$200K	$194	Mar 2019