, NORTH BAY VILLAGE, FL, 33141
Active71 days on marketListed May 14, 2026MLS #A12019410
About this home
Beautiful 2/2 unit. Exclusive corner residence in the boutique Magaluf Towers, ideally located on a private island in North Bay Village, Miami. Enjoy breathtaking bay views from this bright unit featuring 2 large bedrooms with en-suite bathrooms and private balconies for each room. Laundry room in the same floor. Gorgeous pool and community room. Investors only, signed lease.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,000
Sqft
1
Garage
1979
Year built
$279
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,492 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,492/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−28%
$/sqft vs North Bay Village actives
$279 vs $446
Days on market
71 vs 4 typical
Where $279/sqft sits among the 164 North Bay Village actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside North Bay Village
Get to know North Bay Village. See the full North Bay Village guide →
NORTH BAY VILLAGE 33141 — neighborhood snapshot
Population
36,016
Median age
45
Median income
$64,457
Median home value
$434,500
Avg household
2.15
Households w/ children
3,213
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The North Bay Village market
$955K → $4.3M
North Bay Village median sold, yr/yr
9 of 164
North Bay Village actives have cut their price
This home is listed 75% above the NORTH BAY VILLAGE 33141 median. See the full North Bay Village market guide →
Paper trail
This home's history
Reality check
What actually sold near
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$340,000
7601 E Treasure Dr # 824, North Bay Village FL 33141
2 bd · 2 ba · 1,030 sqft · $330/sqft · 404 DOM
Sold · Feb ’26$347,500
7601 E Treasure Dr # 1021, North Bay Village FL 33141
2 bd · 2 ba · 1,030 sqft · $337/sqft · 64 DOM
Sold · Jun ’26$480,000
7601 E Treasure Dr # 1119, North Bay Village FL 33141
2 bd · 2 ba · 1,030 sqft · $466/sqft · 30 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
FAQs
What would the monthly payment be for ?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,492/mo — principal and interest, the actual property-tax bill, the $1,164/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at ?+
The association fee works out to $1,164 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on ?+
The most recent tax bill on record (2025) was $4,822. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at ?+
The listing reports pets: No, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in North Bay Village?+
At $279,000, this home is listed about 53% above the North Bay Village median of $182,000. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
Treasure Island Elementary School (elementary), Miami Beach Nautilus Middle School (middle), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$279,000 runs 75% above the NORTH BAY VILLAGE 33141 median — but at 1,000 sqft it's also 45% larger than the typical North Bay Village listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $1,164/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
71 days on market against a North Bay Village median of 4 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $287,000, now $279,000 — a $8K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Weston International Realty · Elizabeth Pineiro. MLS #A12019410.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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