7601 E Treasure Dr

North Bay Village, FL 33141

$475,000

$461/ft²

2Beds

2Baths

1,030Sq ft

1987Year built

CondoType

About this home

Welcome to unit 717 at Grandview Palace, where panoramic views of Biscayne Bay, the Intracoastal, and the Miami skyline define waterfront living. This fully renovated 2 bed, 2 bath residence with private balcony boasts contemporary finishes and desirable northeast exposure, filling the split open floor plan with natural light and breathtaking sunrises over tranquil water. Brand new designer kitchen features stainless steel appliances with an electric range, dishwasher, refrigerator, and in-unit washer/dryer, complemented by a new A/C system and elegant living spaces built for comfort and entertaining. Step onto your balcony for sweeping bay and skyline views. Resort style amenities include a heated waterfront saltwater pool, children's pool, Jacuzzi, bayfront fitness center, poolside bar, 24 hour security and concierge, marina, and Petralunga (waterfront Italian restaurant). Two covered assigned parking spaces convey with the sale. In the heart of North Bay Village, you're 5 minutes from the beach, minutes to Downtown, Brickell, the Design District, and Wynwood, 15 minutes to Bal Harbour Shops, and close to Miami International Airport or Fort Lauderdale Airport. Close by, there are numerous gourmet restaurants and cafes, shops, entertainment, and the Normandy Shores Golf Club. A luxurious primary home, vacation retreat, or standout investment, this property delivers location, lifestyle, and value. Billions invested in development and growth to the neighborhood.

Features

Waterfront

Property details

Listing

MLS #: A12060651
Status: For sale
Listed on: Aug 1, 2026
Days on market: 26 days
Listing data updated: Aug 22, 2026

Interior

Beds: 2
Baths: 2
Living area: 1,030 ft²
Price per ft²: $461/ft²
Unit: 717

Building & community

Type: Condo
Year built: 1987
HOA fee: $893/mo
County: Miami-Dade

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

What's nearby

Elementary school: TREASURE ISLAND ELEMENTARY SCHOOL · 0.1 mi away
Middle school: MATER ACADEMY (MIAMI BEACH) · 2.1 mi away
High school: MATER BISCAYNE ACADEMY NORTH MIAMI HIGH SCHOOL · 3.4 mi away
Transit: 79 STCY & E TREASURE DR · 0.1 mi away
Supermarket: Presidente Supermarket · 0.4 mi away
Park: Normandy Isle Park & Pool · 0.5 mi away
Pharmacy: Walgreens · 0.4 mi away

Straight-line distances · Sources: NCES/FL DOE, GTFS Miami-Dade and Broward, OpenStreetMap

True monthly cost

Mortgage (principal & interest): $2,402
Property taxes (est.): $436
Home insurance (est.): $317
Flood insurance (est.): —
HOA fee: $893

Estimated total$4,048*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?