See Home Value
$2,660,339*
↓ $200K (11.8%)
Commercial - Off Market

1850 S Treasure Drive

North Bay Village, FL 33141
bedrooms
Studio
bathrooms
0 Bath
$1,350,000 - $1,650,000
Reference Base Price*
77.36%
Since Mar 1, 2019
FL-Miami
Primary Model

About This Property

FANTASTIC 10-UNIT APARTMENT BUILDING ON THE INTRACOASTAL. INCREDIBLE OPEN BAY VIEWS FROM THIS 2-STORY CBS BUILDING CONSISTING OF 2- 2/2'S AND 8- 1/1'S ON A LARGE 12,000 SF LOT ON A VERY PRIVATE AND TRANQUIL STREET. CONSISTENTLY FULLY RENTED, THE PROPERTY FEATURES UPSIDE AS SOME UNITS ARE RENOVATED AND SOME OTHERS CAN BENEFIT FROM A UNIT IMPROVEMENT PROGRAM; STILL, ALL HAVE RENTS THAT CAN BE CONSIDERED LOWER FOR THE AREA. THE UNITS ARE INDIVIDUALLY METERED FOR ELECTRIC WHILE THE OWNER PAYS FOR WATER BILLS. PROPERTY IS ON A GROUND LEASE; EXPIRES 08/14/2055; RENT IS $2,500/YEAR.LOCATED IN BEAUTIFUL NORTH BAY VILLAGE, THE PROPERTY IS ON A TRANQUIL STREET, JUST 2 BLOCKS AWAY FROM NE 79th ST/NORMANDY DR. FROM THERE, IT CONNECTS MIAMI TO MIAMI BEACH MAKING THE PROPERTY ACCESSIBLE TO ALL THE
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1963

Price History

Date / Event Date Event Price
Nov 28, 2018 Price Decreased $1,500,000
↓ $200K (11.8%)
Price Decreased
Jul 3, 2017 Listed $1,700,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
-
3,692 ft²
$420/ft²
$1,550,000 Jun 9, 2023
-
$907/mo
Land
Loft
-
-
$1,400,000 Sep 16, 2023
-
$253/mo
Condo
2 Beds
2 Baths
1,513 ft²
$958/ft²
$1,450,000 Mar 13, 2023
-
$2,170/mo
House
5 Beds
3 Baths
1,999 ft²
$725/ft²
$1,450,000 Jun 27, 2023
-
$1,268/mo
House
4 Beds
2 Baths
2,420 ft²
$579/ft²
$1,400,000 Oct 4, 2023
-
$686/mo
House
3 Beds
2 Baths
2,033 ft²
$787/ft²
$1,600,000 Sep 29, 2023
-
$832/mo
House
3 Beds
3 Baths
1,836 ft²
$762/ft²
$1,399,000 Aug 20, 2023
-
$397/mo
Condo
3 Beds
2 Baths
1,443 ft²
$963/ft²
$1,390,000 Sep 25, 2023
-
-
House
4 Beds
3 Baths
1,974 ft²
$821/ft²
$1,620,800 Sep 11, 2023
-
$987/mo
House
4 Beds
3 Baths
2,253 ft²
$599/ft²
$1,349,000 Oct 18, 2023
-
$210/mo
House
4 Beds
4 Baths
2,121 ft²
$636/ft²
$1,350,000 Sep 6, 2023
-
$1,165/mo
House
5 Beds
6 Baths
1,679 ft²
$798/ft²
$1,340,000 Feb 28, 2023
-
$1,406/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210317
03/17/2021
Loft
-
-
$5,350,000
bedrooms
Loft
bathrooms
-
-
-
-
Adriana Brito
Fortune International Realty
20170703
07/03/2017
Studio
-
-
$1,700,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

1850 South Treasure Drive 1850 South Treasure Drive, Miami Beach, FL 33141
More about this Building
1850 South Treasure Drive
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About North Bay Village


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