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1500 S Treasure Dr, North Bay Village, FL, 33141

4beds
3baths
4,232sqft
$9,050,000
$2,138price/sqft
$71,016/moest. monthly cost
$2,840,640/yrincome needed

About This Home

4/3 Rare find! Beautiful light and bright. New seawall, dock & roof. Developer opportunity..Rent while you draw up plan. *****TEXT AGENT FOR VIDEO*********** Endless views. Prime living in North Bay Village. Sitting on the ultra-prestigious South Treasure Drive, this lot commands panoramic Miami skyline views and true direct ocean access. Not “bay views,” not “partial water.” Direct. Ocean. Access. Boaters know the difference and they pay for the difference. Inventory on this water line is basically extinct. Compared to a 2k sqft home on treasure drive asking approx $6,000,000 You’re not competing with listings you’re competing with time. Surrounded by trophy estates, ongoing luxury redevelopment, and values that are aggressively climbing, this is one of the last chances to plant your flag on a strip that’s about to explode even further. Hesitating puts someone wealthier, faster, and smarter. This is Miami’s next big flex and it’s sitting at 1500 S Treasure Drive.

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

5/10
Nautilus Middle SchoolGrades 6-82.4 mi
4/10

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Other
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Trash Compactor,Dishwasher,Disposal,Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Other
  • Flooring: Other

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,906
  • Total interior livable area: 4,232 sqft

Property

Details

  • Parcel number: 2332090090240
  • Zoning: 0600

Features

  • Stories: 2
  • Entry location: First Floor Entry
  • Private pool: Yes
  • Pool features: Other
  • Patio & porch: Deck
  • Exterior features: Other
  • Has view: Yes
  • View description: Intracoastal View,Ocean,Water
  • Has water view: Yes
  • Water view: Intracoastal View,Ocean,Water
  • On waterfront: Yes
  • Waterfront features: Ocean Access,Intracoastal Front,Ocean Front,WF/Pool/Ocean Access
  • Frontage length: 60

Lot

  • Lot size: 9,000 sqft
  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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 FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Lightning
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 $45,761$549,132
Home Insurance *$7,140$85,680
Property Taxes $17,690$212,280
Electricity $425$5,110
Total$71,016$852,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,434,834/yr
40% on housing$2,130,480/yr
45% on housing$1,893,760/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

$2,138This listing

vs Other Active Listings

Avg $/sqft

ZIP 33141$962
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
2026-01-24Price change$7,395,000
2025-12-10Listed for sale$7,095,000
2025-12-10Price change$31,000
2025-11-21Listed for rent$36,000
2013-08-10Listing removed$2,290,000
2013-07-12Listed for sale$2,290,000
2013-03-20Listing removed$2,290,000
2013-03-09Listed for sale$2,290,000
2013-02-05Listing removed$2,290,000
2012-11-11Price change$2,290,000
2012-06-28Price change$2,240,000
2012-03-31Listed for sale$2,290,000
1998-11-09Sold$533,500
1997-07-30Sold$460,000
1996-12-20Sold$475,000

For Sale by Agent

AgentLucrecia Arana Lindemann
BrokerageDalton Wade Inc

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