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Waterfront · Condominium
$475,000$461 / sqft
7601 E Treasure Dr # 717, North Bay Village FL 33141
Listed
2
Bedrooms
2
Bathrooms
1,030 sqft
Interior
1987
Year built
$893 / mo
HOA
Condominium
Type
About this home
Welcome to unit 717 at Grandview Palace, where panoramic views of Biscayne Bay, the Intracoastal, and the Miami skyline define waterfront living. This fully renovated 2 bed, 2 bath residence with private balcony boasts contemporary finishes and desirable northeast exposure, filling the split open floor plan with natural light and breathtaking sunrises over tranquil water. Brand new designer kitchen features stainless steel appliances with an electric range, dishwasher, refrigerator, and in-unit washer/dryer, complemented by a new A/C system and elegant living spaces built for comfort and entertaining. Step onto your balcony for sweeping bay and skyline views. Resort style amenities include a heated waterfront saltwater pool, children's pool, Jacuzzi, bayfront fitness center, poolside bar, 24 hour security and concierge, marina, and Petralunga (waterfront Italian restaurant). Two covered assigned parking spaces convey with the sale. In the heart of North Bay Village, you're 5 minutes from the beach, minutes to Downtown, Brickell, the Design District, and Wynwood, 15 minutes to Bal Harbour Shops, and close to Miami International Airport or Fort Lauderdale Airport. Close by, there are numerous gourmet restaurants and cafes, shops, entertainment, and the Normandy Shores Golf Club. A luxurious primary home, vacation retreat, or standout investment, this property delivers location, lifestyle, and value. Billions invested in development and growth to the neighborhood.
Features
- First Floor Entry
- Closet Cabinetry
- Fire Sprinklers
- Split Bedroom
- Walk-In Closet(s)
- Open Balcony
- Bay
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,350–$4,801.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.