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1500 S Treasure Dr, North Bay Village FL 33141
About this home
4/3 Rare find! Beautiful light and bright. New seawall, dock & roof. This is a Developer opportunity..Rent while you draw up plan. *****TEXT AGENT FOR VIDEO*********** Endless views. Prime living in North Bay Village. Sitting on the ultra-prestigious South Treasure Drive, this lot commands panoramic Miami skyline views and true direct ocean access. Not “bay views,” not “partial water.” Direct. Ocean. Access. Boaters know the difference and they pay for the difference. Inventory on this water line is basically extinct. Compared to a 2k sqft home on treasure drive asking approx $6,000,000 You’re not competing with listings you’re competing with time. Surrounded by trophy estates, ongoing luxury redevelopment, and values that are aggressively climbing, this is one of the last chances to plant your flag on a strip that’s about to explode even further. Hesitating puts someone wealthier, faster, and smarter. This is Miami’s next big flex and it’s sitting at 1500 S Treasure Drive.
Features
- First Floor Entry
- Family Room
- Other
- Intracoastal View
- Ocean
- Direct Ocean
- Water
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $45,762
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.