Waterfront Apartment Building

7939 East Dr North Bay Village, FL 33141

Claim this Listing
New
For Sale
Under Contract
$25,000,000

MULTI_FAMILY - North Bay Village, FL

Property size:
1,524 SF
Price / SF:
$16,404/SF
Added:
Jul 8, 2026
Days on Market:
5
Last Refresh:
Jul 12 at 10:06 am

Property Features for 7939 East Dr

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
36
Rooms
Bathroom 27, Bathroom 34, Bathroom 29, Bedroom 1, Bedroom 20, Bathroom 19, Bathroom 12, Bathroom 7, Bedroom 35, Bedroom 24, Bedroom 34, Bathroom 14, Bathroom 17, Bathroom 18, Bedroom 22, Bathroom 22, Bedroom 9, Bedroom 5, Bedroom 14, Bedroom 15, Bathroom 36, Bathroom 11, Bathroom 25, Bathroom 30, Bathroom 4, Bedroom 11, Bedroom 28, Bathroom 8, Bathroom 9, Bedroom 23, Bedroom 32, Bathroom 21, Bathroom 31, Bathroom 5, Bedroom 7, Bedroom 10, Bedroom 2, Bedroom 3, Bedroom 30, Bathroom 1, Bathroom 13, Bedroom 8, Bathroom 20, Bathroom 35, Bedroom 4, Bathroom 32, Bathroom 10, Bedroom 29, Bedroom 36, Bathroom 33, Bathroom 26, Bedroom 25, Bathroom 3, Bedroom 13, Bedroom 18, Bedroom 12, Bedroom 6, Bedroom 33, Bedroom 31, Bedroom 27, Bathroom 16, Bathroom 24, Bathroom 28, Bathroom 15, Bathroom 23, Bathroom 6, Bedroom 19, Bedroom 16, Bedroom 21, Bathroom 2, Bedroom 17, Bedroom 26
Parking
34
Standard status
Active Under Contract
APN
23-32-09-056-0010
Size
1,524 SF

Taxes and HOA fees

Tax Year
2024
Tax Description
ADAGIO CONDO UNIT 1 UNDIV 0.056872038% INT IN COMMON ELEMENTS OFF REC 26555-2037
Tax Annual Amount
160000

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water front
1

Building Details

Year built
2008
Flooring type
Marble
Building materials
Block
Roof type
Concrete

Listing agent Andrew Rotondaro License #3291089

Listing office Compass Florida, LLC 1212 Lincoln Rd Suite 113, Miami, FL

Listing date Jul 8, 2026

MLS# A11658738 Listing URL

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

The property is a 15-unit waterfront apartment building featuring modern architecture and a mix of two-story residences plus a penthouse. The units are described as having 20-foot ceilings and floor-to-ceiling windows, with direct water views throughout. The penthouse is positioned to take in unobstructed panoramic views of Biscayne Bay and Miami Beach.

Located at 7939 East Dr in North Bay Village within Miami-Dade County, the building is presented as a waterfront asset in a three-island community between Miami and Miami Beach. The listing frames the surrounding area as being amid new construction, though no specific neighboring projects are confirmed in the materials provided.

For prospective buyers, this is a residential income property structured around 15 individual two-story units and a distinct penthouse component, with design features centered on ceiling height, expansive glazing, and direct bay visibility. The overall configuration may appeal to operators and investors looking for a waterfront multifamily asset with a premium living experience tied to the views.

Key Highlights

  • 15‑unit waterfront building featuring 15 two‑story units plus a penthouse.
  • Direct water views with panoramic Biscayne Bay and Miami Beach views from the penthouse.
  • 20‑foot ceilings and floor‑to‑ceiling windows in each unit.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Dental Office Building Supply Auto Repair Shop Parking Lot & Garage Auto Parts Store Nail Salon Plumbing Service Garden Center Big Box & Wholesale Store Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 15 two-story units with direct water views, including a penthouse, offers a distinctive multifamily opportunity on the bay.
Where is this apartment building located?
The property is located at 7939 East Dr North Bay Village, FL.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: 15‑unit waterfront building featuring 15 two‑story units plus a penthouse.; Direct water views with panoramic Biscayne Bay and Miami Beach views from the penthouse.; 20‑foot ceilings and floor‑to‑ceiling windows in each unit.
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