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7934 West Dr #1503 & 1504, Miami Beach, FL, 33141

4beds
4baths
3,696sqft
$2,450,000
$663price/sqft
$16,345/moest. monthly cost
$653,800/yrincome needed

About This Home

An exceptional opportunity to own a sprawling waterfront residence created from two combined lofts at the coveted Space 01 condominium. Perched on the 15th floor, this one-of-a-kind gem captures sweeping Biscayne Bay views through an impressive wall of glass. Encompassing 3,696 SQ FT, the residence features flexible living spaces, with option to convert to a 4 BD/4 BA. Expansive interiors with soaring ceilings, abundant natural light, and a versatile layout that includes both private and open-concept sleeping quarters. The property includes three dedicated parking spaces along with an additional street parking permit. Space 01 residents enjoy access to a rooftop pool and spa, fitness center, EV charging stations, and secure controlled-entry access.

Getting Around

44
WalkingCar-Dependent
35
TransitSome Transit
40
BikeSomewhat Bikeable

Schools

5/10
Nautilus Middle SchoolGrades 6-83.0 mi
5/10

Construction

Condition

  • Year built: 2006

Materials

  • Construction materials: Concrete Block Construction,Other

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Door features: High Impact Doors
  • Flooring: Concrete,Other

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,696 sqft

Property

Details

  • Parcel number: 2332090480310
  • Attached to another structure: Yes

Features

  • Entry location: First Floor Entry
  • Pool features: Association
  • Spa features: Community
  • Has view: Yes
  • View description: Bay
  • Has water view: Yes
  • Water view: Bay
  • On waterfront: Yes
  • Waterfront features: Bay
  • Frontage type: Bay/Harbor

Parking

  • Total spaces: 3
  • Parking features: 2 Or More Spaces,Assigned,Covered,Electric Vehicle Charging Station(s),Open
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,388$148,656
Home Insurance *$1,933$23,196
Property Taxes $1,653$19,836
Electricity $371$4,463
Total$16,345$196,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$560,400/yr
40% on housing$490,350/yr
45% on housing$435,866/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$663This listing

vs Other Active Listings

Avg $/sqft

ZIP 33141$977
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33141$1,311
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-15Listed for sale$2,450,000
2024-03-14Sold$1,777,000
2024-02-16Pending sale$1,975,000
2024-01-03Price change$1,975,000
2023-12-13Price change$2,100,000
2023-10-25Price change$2,250,000
2023-06-19Listed for sale$2,490,000
2023-06-10Listing removed--
2023-03-14Listed for sale$2,650,000

For Sale by Agent

AgentAndrew Rotondaro
BrokerageCompass Florida, LLC

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