Space 01

7934 West Drive # 501, North Bay Village FL 33141

4 beds · 3.5 baths · 3,721 ft²

For Sale · Active Listing

$18,000

2.70%

Est. Payment $96/mo

MLS Sheet Video

4

Bedrooms

3.5

Bathrooms

3,721

Sq. Ft.

2006

Year Built

4

Garage

20

Stories

43

Days on Market

Description

Expansive Bayfront Living in North Bay Village. Enjoy open bay views and stunning sunsets over the Downtown Miami skyline from this exceptional 3,721 sq. ft. waterfront residence. Offering four bedrooms and three and a half bathrooms, the home features soaring 10-foot ceilings and floor-to-ceiling windows that fill the space with natural light. The expansive layout provides multiple living and entertaining areas, creating seamless flow and flexibility. A defining feature is the full-length waterfront balcony spanning the entire unit — a rare offering within the building and ideal for outdoor dining, lounging, and panoramic water views. The rooftop pool offers breathtaking bay views, while the gym located next door provides convenient access to daily fitness and wellness. This boutique waterfront setting delivers privacy, scale, and space in a peaceful island environment. Located minutes from Miami Beach, MIMI District, Midtown, and Miami Shores, North Bay Village continues to evolve with new luxury developments enhancing the area’s long-term appeal. Waterfront space, light, and lifestyle — all in one remarkable residence.

Facts

MLS#
A11974339
Subdivision
Space 01
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
2006
Lot Size
0 sqft
Sq. Ft.
3,721 ft²
Sq. Mt.
346 m²
Price per sq. ft.
$5/ft²
Price per sq. mt.
$52/m²
Stories
20
Garage
4 spaces
Pool
Days on Market
43 days
Listed
Mar 1, 2026
Last Updated
Apr 13, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for North Bay Village

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

64

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/13/2026Price change$18,000-2.7%
3/1/2026Listed for sale$18,500

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

7934 West Drive # 501, North Bay Village FL 33141Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$60,000

gross income / month to qualify

Monthly rent$18,000
Required annual income$720,000
Security deposit (est.)$18,000
Move-in cost (1st + last + security)$54,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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