Investment Opportunity in North Bay Village: Studio with Canal Views and Great Rental Potential
1455 N Treasure Dr #5E, North Bay Village, FL, 33141, US
CondoStatus: active
$188,000
Estimated annual taxes: $2,771
0 Bedrooms
1 Bathrooms
534 ft² · 50 m²
1 Garages
About this property
We present an exceptional value opportunity in the heart of North Bay Village. This studio in Island Place is the perfect entry point into the Miami real estate market, whether as an investment property with high rental demand or as a cozy retreat near the sea. The unit stands out for its brightness and enviable canal-front location, offering a coastal lifestyle for a fraction of the price of nearby areas. With the certification of an established community and proximity to Miami Beach, this property is a smart choice for those seeking location and profitability in one package.
Technical details & MLS (USA)
Year built: 1996
Stories: —
Lot size: 0 acres
Zoning: Residential / Condominium (Waterfront)
MLS area: 32
Special notes: ISLAND PLACE AT NORTH BAY
Environment
Nearby schools
- ElementaryTreasure Island
- MiddleNautilus
- High SchoolMiami Beach
Neighborhood features
WaterfrontYes
ViewYes
Location on Google Maps
Open in MapsDetails & Features
Financial information
Annual taxes:$2,771
HOA fee:$500 (Mensual)
Additional features
-Rooms: 0 (Studio) -Prime Location: Bright apartment located in desirable North Bay Village, just minutes from Miami Beach. -Water Views: Canal-front unit with relaxing views and excellent natural light. -Functional Layout: The studio design maximizes the 534 ft², including a convenient walk-in closet. -Convenience: Strategically located near dining areas, luxury shops, and quick access to major highways. -Investment Profile: Ideal for end-users or investors seeking strong rental potential in a growing coastal community. -Social Area: The Island Place complex offers access to the association pool and barbecue area. -Infrastructure: Solid block and brick construction. -Climate Control: Central air conditioning system; no heating system required. -Appliances: Includes garbage disposal, electric stove, and refrigerator. -Parking: Features garage and parking available for residents. -Utilities: Located in an area with all public utilities connected and high-speed connectivity available.