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Condominium
$210,000$233 / sqft
1801 S Treasure Dr # 427, North Bay Village FL 33141
Listed
2
Bedrooms
2
Bathrooms
900 sqft
Interior
1972
Year built
$685 / mo
HOA
Condominium
Type
About this home
Staged Photos - Unit is currently Tenant Occupied. North Bay Villas is a quaint 5-story condo conveniently located in the desirable North Bay Village with just 147 units, offering garden and water views throughout the building. This 2-bedroom and 2-bathroom unit offers ample closet space and tile flooring throughout. The condo amenities include a pool, gym, and beautiful landscaping. Currently rented for $2100 to a month to a month-to-month tenant. This area is rapidly growing and offers an opportunity to own a condo in an up-and-coming area. Note: The building is under construction to meet the milestone recertification requirements, and one Special Assessment collection will begin in June 2026. Please contact the HOA or Property Management for updated payment information. Some Photos Virtually Staged for Marketing - Unit is currently TENANT Occupied. Please do not disturb the tenant. Contact Listing Agent Only
Features
- Other
- Courtyard
- Open Balcony
- Bay
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 1
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit.
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.