Space 01 Condos For Sale & Rent

Space 01 Condo Overview

Space 01 is a boutique waterfront condo building at 7934 West Dr in North Bay Village. Built in 2006, the 16-story building has 54 residences, making view exposure, floor plan design, parking, and recent sales especially important because direct comparable inventory can be limited.

Space 01 Condos for Sale

Space 01 condos for sale should be compared by bay exposure, floor height, layout, interior condition, parking, and monthly fees. Buyers looking in North Bay Village should weigh the building's smaller scale and water views against association rules, reserves, and carrying costs.

Space 01 Rentals and Rental Policy

If rentals are part of the plan at Space 01, review current association rules, approval requirements, fees, minimum lease terms, and active rental inventory before making a purchase decision. Confirm the policy directly with the association before relying on projected income.

Amenities and Building Details

Architectural and ownership notes point to Kobi Karp, Ben Klein. The building is pet-friendly. Buyers should review amenities, parking, security, reserves, insurance considerations, and monthly fees together with the specific residence.

What to Compare Before Buying at Space 01

Compare active condos for sale, active rentals, recent sales, bay exposure, layout, unit condition, monthly fees, parking, pet policy, and access to Miami Beach and mainland Miami. It is also useful to compare Space 01 Condos with nearby buildings and area pages such as North Bay Village, Downtown Miami, Brickell, South Beach, and Sunny Isles Beach.

Market Context

Space 01 Condos has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 37 recorded condo sales, or about 4 sales per year. That is a thinner resale sample, so each closed sale should be reviewed closely for condition, view, size, and unusual terms before using it as a benchmark. The busiest year in the series was 2019 with 7 sales, while the quietest was 2020 with 2. 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 Space 01 Condos ranges from about $264/sqft to $584/sqft, with an average near $399/sqft across the years shown. That wide valuation band means unit-specific factors can materially change the right price range. The last completed year in the series is higher than the first, moving from $266/sqft in 2017 to $567/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 $851,042, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Space 01 Condos: 2 Beds and 3 Beds units have the broadest historical comparison set, while 4 Beds+ around $2,325,000 and 3 Beds around $1,177,333 represent the higher average closed-price tiers in the chart data. Because the higher-tier segment has limited observations, it should be treated as directional rather than a standalone pricing rule. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Rental rules should be reviewed alongside the closed-sale statistics because permitted use can influence long-term buyer demand and resale positioning.