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Apartment Unit with Bay Views
For Sale
$270,000

7601 East Treasure Drive Unit CU5, North Bay Village, FL 33141

High-rise unit with central A/C and private bath, offered for sale with a current tenant in place.

Property Size400 SF
Price / SF$675
Days on Market678

Property Features for 7601 East Treasure Drive Unit CU5

General Information

Standard status Active
Size 400 SF
Property subtype Commercial Sale / Mixed Use
Occupancy 100%

Additional Details

Multifamily Units 625

Taxes and HOA fees

Annual Taxes $1,995

Amenities

Central Building
24.0
Ceramic Tile
24
1
Block
Concrete
No
Fire Alarm, Security Guard, Smoke Detector(s)

Building Details

Year Built 1987
Tenancy Single
Listing Agency: Alternative Realty Group, LLC
Listed By: Elsi Alava · License #3250084
Source: Compass
Added: Oct 25, 2024 Changed: Aug 8 Last Checked: Jul 28 at 12:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alternative Realty Group, LLC

Investment Insights

Based on property information with market context.

Offered for sale is a unit in a high-rise building with bay views. The unit features central A/C and a private bath. The current tenant is in place, and the seller states it is easy to show. Sale includes the unit only and not the business.

The property is located at 7601 East Treasure Drive in North Bay Village, approximately 5 minutes from Miami Beach, near Collins Avenue and 71st Street (33141). The building is described as having 625 apartments.

The association dues are stated as $351 per month and include water, security, cleaning, and maintenance of social areas.

Key Highlights

  • High‑rise commercial unit in a 625‑apartment building with a current tenant in place
  • Central building A/C and a private bath
  • Block construction with a concrete roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Restaurant Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

625
Residential units
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

885
Businesses Nearby

Demographics for 33141, FL

35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - High-rise unit with central A/C and private bath, offered for sale with a current tenant in place.
Where is this apartment building located?
The property is located at 7601 East Treasure Drive Unit CU5 North Bay Village, FL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: High‑rise commercial unit in a 625‑apartment building with a current tenant in place; Central building A/C and a private bath; Block construction with a concrete roof
More about this property
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