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+9 photosLuxury estate — 1500 S Treasure Drive · Treasure Island · North Bay Village
South Florida Luxury Living
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Open property magazine$9,050,000
1500 S Treasure Drive, North Bay Village, FL 33141
North Bay Village, FL, 33141
4 bd · 3 ba · 4,232 sqft
Listed by Dalton Wade Inc
1500 S Treasure Drive, North Bay Village, FL 33141
Listed by Dalton Wade Inc
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Estimated monthly payment
$60,573/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $60,573/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homes4/3 Rare find! Beautiful light and bright. New seawall, dock & roof. This is a 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 $6,000,000You’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.
Ask Simon about boat size
Boat length limit: 318 ft est. — verify · Dock: Not provided — Ask Simon
min · est.
6.0 nm
low tide depth
Enter draft
bridges on the route
a tall boat passes only when they open, on their schedule
Run to the ocean
Map © Esri · saved route, planning only
Water depth on the way out
about 4 ft at low tide (estimate, canal not surveyed)
about 5.9 ft at low tide (estimate, canal not surveyed)
Charted route depths do not confirm private dock depth, current shoaling or safe passage; verify with your captain.
Today’s tide · Eastern time
Current tide prediction not provided — Ask Simon
Route bridges & sources
Bridges on the route
NE 79 St. · opens · 21.7 ft closed
Broad Causeway Bridge · opens · 15.7 ft closed · Opens on the quarter and three-quarter hour
SR A1A Bal Harbour · fixed · 31.8 ft
Depth sources
Army Corps survey · Intracoastal Waterway, Miami-Dade County · surveyed Feb 13, 2025 · shallowest 10 ft on your route
Army Corps survey · Bakers Haulover Inlet · surveyed Aug 6, 2025 · shallowest 7 ft on your route
NOAA chart (updated weekly)Tides
Tides: NOAA tide predictions, nearest station
Estimate only, not guaranteed. Verify before you buy or sell.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
336 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $60,573/mo
1500 S Treasure Drive, North Bay Village, FL 33141 · North Bay Village
Location
1500 S Treasure Drive, North Bay Village, FL 33141
Dock & Draft Match™
Dock / slip — ask about dock
Boat length up to ~318 ft · verify
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 1500 S Treasure Drive, North Bay Village, FL 33141?+
Property tax (after sale): $11,473/month est.; homeowners insurance: $2,142/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $13,615/month est. Principal and interest: $46,959/month; PMI: $0/month. Total for the payment scenario shown: $60,573/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1500 S Treasure Drive, North Bay Village, FL 33141?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1500 S Treasure Drive, North Bay Village, FL 33141 need flood insurance, and what drives the premium?+
Most of North Bay Village sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1500 S Treasure Drive, North Bay Village, FL 33141?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 1500 S Treasure Drive, North Bay Village, FL 33141?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 1500 S Treasure Drive, North Bay Village, FL 33141?+
This listing has been on the market 336 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in North Bay Village, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Treasure Island Elementary School
Elementary · 0.4 mi from this home · 7540 E Treasure Dr, North Bay Village
Miami Beach Nautilus Middle School
Middle school · 2.4 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 3.4 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
Ebenezer Christian Academy II
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Miami
Mcdonalds Playworld Community Development Inc Dba
Pre-K & Kindergarten · Private · Grades K–12 · Miami
Advance Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · North Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
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Simon Gedz
Realtor® since 1995
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$9,050,000 · MLS A11928353
$9,050,000
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