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Buildings/North Bay Village/THE LEXI CONDO

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THE LEXI CONDO

7901 HISPANOLA AVE, North Bay Village 33141

2007

Year Built

163

Units

CI Score

Moderate

For Sale

$729K

Avg Price

$404

Sale $/SF

For Rent

$5,225

Avg Rent

$2.97

Rent $/SF

-1.3%

YoY

For Sale

For Rent

Investor-Owned

57%

Avg HOA

$1,499/mo

Building Details

Address

7901 HISPANOLA AVE, North Bay Village, 33141

Neighborhood

North Bay Village

Year Built

2007

Total Units

163

Avg Unit Sqft

1,649 SF

Tier

Premium

Avg $/SF

$403.82

Avg Rent

$5,225/mo

Rent $/SF

$2.97/SF

HOA Range

$1,330 – $1,655

Neighborhood Rank

Top 100%

Avg Unit Value

$522K

Total Sales (All-Time)

351

Investment Analysis

Yield Metrics

Rental Yield (annualized)9.7%

YoY Appreciation-1.3%

Total Yield110.6%

Median Rent$5,225/mo

YoY Rent Change+21.5%

YoY Sale $/SF Change+9.8%

Liquidity & Demand

Closed Sales (120d)2

Days on Market64 days

Months of Inventory14.0

Sale-to-List Ratio1.0%

Price Reduction Rate100%

Investor-Owned57%

For Sale6

For Rent4

Top 100%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$394

+1.4%

Rental Price Trend ($/SF)

$3.01

+12.3%

Building Activity

Days on Market

Sales & Listings

Active Listings

For Sale (6)

$595K

2 bd2 ba1,458 sf

$700K

Unit 1810

2 bd2 ba

$729K

Unit 2010

2 bd2 ba1,458 sf

$729K

Unit 2010

2 bd2 ba1,458 sf

$500/SF

$740K

3 bd3 ba1,753 sf

$770K

Unit 1008

2 bd2 ba1,735 sf

$444/SF71 DOM

For Rent (4)

$5K

Unit 604

2 bd2 ba1,458 sf

$3/SF1 DOM

$5K

Unit 1201

3 bd3 ba1,753 sf

$3/SF39 DOM

$5K

Unit 1611

3 bd3 ba1,753 sf

$3/SF65 DOM

$5K

Unit 2007

2 bd2 ba1,735 sf

$3/SF2 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Nov 16, 2025	$550K	$377.23	1/2	1,458
Aug 27, 2025	$685K	$394.81	2/2	1,735
Aug 25, 2025	$660K	$452.67	2/2	1,458
Aug 5, 2025	$580K	$334.29	2/2	1,735
Jun 13, 2025	$679K

Units & Ownership

Total Units

163

Avg Sqft

1,649 SF

Avg Assessed

$442K

Owner-Occupied

43%

Tax & Ownership

Investor-Owned

57%

Owner-Occupied

43%

Avg Assessed Value

$442K

Avg Taxable Value

$418K

Effective Year Built

2007

Zoning

6000

Unit Mix

1 BR53

Avg 1,458 SF

2 BR109

Avg 1,741 SF

3 BR1

Avg 1,753 SF

Unit Directory

Showing 10 of 163 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
601	3	2	1,753	$603K	—	$550K	$314	Mar 2022
602	2	2	1,753	$193K	✓	$495K	$282	Jun 2021
603	1	2	1,458	$299K	✓	$390K	$267	Jul 2017
604	1	2	1,458	$426K	—	$480K	$329	Oct 2022
605	2	2	1,735	$493K	✓	$450K	$259	Jan 2022
606	2	2	1,735	$439K	—	$385K	$222	Sep 2011
607	2	2	1,735	$450K	—	$450K	$259	Oct 2008
608	2	2	1,735	$440K	✓	$700K	$403	Jul 2024
701	2	2	1,753	$381K	✓	$404K	$230	Dec 2012
702	2	2	1,753	$512K	—	$395K	$225	Mar 2011