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North Bay Village

Residence in North Bay Village

$485,000
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Bedrooms
2
Bathrooms
2
Living Area
1,030 sq ft
Year Built
1987
Garage
1 car
Type
Condominium
HOA
$854/mo
Waterfront
Yes
Private Pool
Yes
Days on Market
26
Status
Active

Listing courtesy of Julies Realty, LLC (Danae Cruzata Rodriguez). Contact: [email protected].

About this home

Excellent investment opportunity at the prestigious Grandview Palace in North Bay Village! This spacious condo unit features an open layout with beautiful views and is currently tenant-occupied, providing immediate rental income from day one. Located in a full-amenity waterfront building offering a resort-style pool, fitness center, marina, and 24/7 security. Unbeatable location just minutes from the beach, Bal Harbour, and Midtown Miami. Tenant occupied.

What it costs to own
Estimated monthly payment
$4,290/mo
Principal and interest
$2,452
Property tax
$684
Homeowners insurance
$300
HOA
$854

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$8,209/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$854/mo (from the listing)
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All homes in North Bay Village

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.