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Waterfront · Condominium
$215,000$239 / sqft
1801 S Treasure Dr # 115, North Bay Village FL 33141
Listed
2
Bedrooms
2
Bathrooms
900 sqft
Interior
1972
Year built
$745 / mo
HOA
Condominium
Type
About this home
REDUCED for quick sale. Seller relocating. Location, location, location, North Bay Village is undergoing one of the largest redevelopment waves in South Florida. Here are the most significant developments as of mid-2026: Continuum Club & Residences, Harbor Village, Pagani Residences and Shoma Bay. I offer you this spacious apartment (900 sq ft) located across the street from the North Bay Village Community center and The Phillip Shonberger Memorial playground. Seller motivated, some upgrades, make your highest and best offer. Assessment must be paid at the time of closing. 2 bedrooms and 2 baths conveniently located at the first floor. Great upcoming area, full of opportunities. A Publix supermarket is planned for North Bay Village as part of the new mixed-use waterfront development, Shoma Bay. Investors yes it can be rented right away.
Features
- Other
- East Of Us1
- Barbeque
- Courtyard
- Garden View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
- Okay To Lease 1st Year
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.
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.