Home » Properties » 7904 West Dr # 514, North Bay Village FL 33141

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Remodeled Studio Condo at 7904 West Dr #514, North Bay Village

Beautifully remodeled 444 sqft studio condo with balcony and parking in North Bay Village, FL. Ideal for short-term rental with city license.

$210,000

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MLS #A11686177

Listing Updated: 2026-07-13 00:42:52

Listed By: Collins International Prop.

Overview

This charming 444 sqft studio condominium located at 7904 West Dr #514 in North Bay Village offers a comfortable and modern living space. Built in 1963, the unit has been beautifully remodeled and features an open balcony with views to the east of US1, providing a pleasant outdoor area. The property includes one bathroom and one garage space, with additional parking available on the street. Its location in North Bay Village offers convenient access to nearby amenities and waterfront attractions. The unit is permitted for short-term rentals with a city license, making it a flexible option for owners and renters alike.

Property Highlights

Remodeled studio condo, 444 sqft, open balcony, 1 bathroom, 1 garage space, additional street parking, short-term rental allowed with city license, located in North Bay Village, FL.

Property Details

City: North Bay Village

State: FL

Zip Code: 33141

Address: 7904 West Dr # 514, North Bay Village FL 33141

Year Built: 1963

Property Type: Residential

Property Sub Type: Condominium

Listing Office Name: Collins International Prop.

County: Miami-Dade County

Garage Spaces: 1

Parking Features: 1 Space, Additional Spaces Available, On Street

Interior Features: Other

Exterior Features: East Of Us1, Exterior Cat Walk, Open Balcony

Waterfront: Yes

Pool: No

HOA Fee: $575

Annual Tax: $2,243

Days On Market: 582 Days

Original Listing Description

Beautiful remodeled Studio on the Bay. Can be rented SHORT TERM with a City License

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

7904 West Dr # 514, North Bay Village FL 33141

About This Neighborhood

North Bay Village is a waterfront community known for its relaxed atmosphere and proximity to Miami’s vibrant urban life. Residents enjoy easy access to marinas, parks, and local shops. The neighborhood offers a blend of residential comfort and recreational opportunities, making it attractive for those who appreciate coastal living with convenient city access. The community's layout and amenities support a balanced lifestyle with opportunities for boating, dining, and outdoor activities.

Walkability & Lifestyle

The area around 7904 West Dr #514 is pedestrian-friendly, with nearby restaurants, shops, and waterfront parks within walking distance. Residents can enjoy leisurely strolls along the bay and easy access to local amenities. The walkability contributes to a lifestyle that balances relaxation and convenience, with opportunities for outdoor activities and dining experiences close to home.

Things To Do Nearby

North Bay Village offers a variety of recreational activities including boating, fishing, and waterfront dining. Nearby parks and marinas provide spaces for outdoor enjoyment. The community’s proximity to Miami expands options for cultural attractions, nightlife, and shopping. Whether seeking relaxation by the water or urban entertainment, residents have diverse options to explore.

Nearby Schools

North Bay Village offers access to several public and private schools within a reasonable distance, providing educational options for families residing in the area. The community’s location allows for convenient commutes to nearby schools in Miami-Dade County, ensuring residents can benefit from established educational institutions. School accessibility adds to the neighborhood’s appeal for buyers considering long-term residency.

Why Buyers Like This Area

Buyers appreciate North Bay Village for its waterfront setting combined with convenient access to Miami’s amenities. The community’s relaxed vibe and recreational opportunities appeal to those seeking a coastal lifestyle. The availability of properties like this remodeled studio condo offers an accessible entry point into the market. Its short-term rental license adds flexibility, making it attractive for various buyer profiles.

Investment Potential

This studio condo in North Bay Village presents an appealing option for buyers seeking a manageable property with short-term rental potential. Its city license for short-term rentals enhances flexibility for owners, allowing for seasonal or occasional leasing. The location near waterfront areas and local amenities supports tenant interest, making it suitable for those looking to capitalize on the area's rental demand. While modest in size, the property’s remodeled condition and parking availability add to its usability and appeal.

Market Trends

The North Bay Village real estate market maintains steady interest due to its unique location and lifestyle offerings. Condominiums like this studio attract buyers looking for affordable entry points into waterfront living. Inventory levels tend to be moderate, with demand driven by both local residents and seasonal visitors. The market reflects a balanced environment where buyers can find properties that suit a range of needs, from primary residences to vacation homes.

Rental Income Potential

Properties with short-term rental licenses in North Bay Village often attract tenants seeking temporary stays near Miami’s attractions and waterfront. This studio’s size and location make it suitable for vacationers or business travelers. Seasonal demand can influence rental activity, and the availability of parking adds convenience for renters. While rental income can vary, the property’s permitted use for short-term rentals enhances its appeal to potential tenants.