Grandview Palace Condos For Sale & Rent

7601 Treasure Dr, North Bay Village, FL 33141

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Grandview Palace Condos For Sale & Rent|7601 Treasure Dr, North Bay Village, FL 33141
Condo photo fullscreen
Units 497
Stories 26
Built 1987

Ownership And Leasing

Long Term Policy: 1 time a year, 12 Months minimum

Lease After Purchase: Ok To Lease

Price Range: From $300,000 To $659,000

Grandview Palace Walk Score ®

Walk:64 - Somewhat Walkable
Bike:55 - Bikeable

Grandview Palace Condo Overview

Grandview Palace is a North Bay Village condo building at 7601 Treasure Dr in North Bay Village. Built in 1987, the property has 26 stories and 497 residences. Buyers usually compare bay views, bridge access, parking, building condition, rental rules, and value versus Miami Beach.

Grandview Palace Condos for Sale

Grandview Palace condos for sale should be compared by bay, Intracoastal, or city exposure, floor height, layout, renovation level, parking, and monthly fees. Buyers should review recent comparable sales, view quality, interior condition, parking, monthly fees, building rules, reserves, and insurance considerations before deciding how a listing is positioned.

Grandview Palace Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 12-month minimum rental term and up to 1 rental per year. Buyers should verify association rules, approval timing, lease fees, taxes, city requirements, and current restrictions before relying on projected income.

Amenities and Building Details

Grandview Palace should be reviewed beyond the listing photos. Buyers should review amenities, parking, security, reserves, insurance considerations, association rules, and monthly fees with the specific residence. These include an outdoor heated swimming pool with deluxe cabanas, access to a 70-boat slip marina, and a state-of-the-art fitness center. The barbecue grilling station and picnic area offer perfect settings for outdoor gatherings, while the on-site seafood restaurant caters to gourmet dining needs. The property is adorned with acres of lushly landscaped tropical gardens and features a rooftop solarium with a hot tub. For social and business gatherings, residents have access to recreation facilities, a business center with conference space, a media and cards room, and a clubhouse with a billiards room.

What to Compare Before Buying at Grandview Palace

Compare active condos for sale, active rentals, recent sales, water exposure, unit condition, monthly fees, parking, rental rules, pet policy, and North Bay Village access. It is also useful to compare Grandview Palace with nearby buildings and area pages such as North Bay Village.

Market Context

Grandview Palace has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 250 recorded condo sales, or about 28 sales per year. That is a deep resale sample for a single building, so buyers can usually find stronger comparable-sale context by bedroom count, line, view, and condition. The busiest year in the series was 2022 with 56 sales, while the quietest was 2024 with 11. Recent completed-year sales volume is below the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Grandview Palace ranges from about $246/sqft to $436/sqft, with an average near $329/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is higher than the first, moving from $246/sqft in 2017 to $387/sqft in 2025. The recent completed-year price-per-square-foot average is above the long-term average. Average closed price over the same completed-year period was about $335,635, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Grandview Palace: 2 Beds and 1 Bed units have the broadest historical comparison set, while 3 Beds around $405,500 and 2 Beds around $346,720 represent the higher average closed-price tiers in the chart data. The segment is useful, but buyers should still check whether the underlying sales were similar in size, view, and condition. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Grandview Palace also has long-term rental positioning with a 12-month minimum lease and up to 1 rental per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.

Building FAQ

Grandview Palace real estate questions

Where is Grandview Palace located?

Grandview Palace is located at 7601 Treasure Dr in North Bay Village.

How large is the Grandview Palace condo building?

The building profile lists 1987 construction, 26 stories, and 497 units.

What is the rental policy at Grandview Palace?

For Grandview Palace, the building profile notes a long-term rental profile, 12 Months minimum rental term, and up to 1 rental per year. That policy can matter as much as the unit itself for investors and seasonal-use buyers. Before making an offer, confirm association rules, approval timing, fees, city requirements, and any recent policy changes.

What should buyers compare before buying at Grandview Palace?

Buyers should compare view exposure, floor plan, unit condition, monthly fees, parking, rental rules, pet policy, amenities, recent sales, and competing nearby buildings.

What do the long-term market statistics show for Grandview Palace?

Grandview Palace has completed-year sales history from 2017 through 2025 with 250 recorded closed sales, or about 28 sales per year. That is a deep resale sample for a single building, so buyers can usually find stronger comparable-sale context by bedroom count, line, view, and condition. Recent completed-year sales volume is below the long-term average. Buyers should still compare individual units by line, view, condition, floor height, fees, parking, and building rules.

How should buyers use price per square foot at Grandview Palace?

The completed-year price-per-square-foot history for Grandview Palace runs from 2017 through 2025 and ranges from about $246/sqft to $436/sqft, with an average near $329/sqft. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. Average closed price over the same completed-year data is about $335,635, but buyers should read that number by bedroom count, size, view, and renovation level.

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Sophia K. Albrecht

Sophia K. Albrecht

Lic. Real Estate Broker