$5.2M42.1%
$2,999,999
Studio
Beds
7,891
SqFt
Status
OFF MARKETExpired
Parking
10
Size
7,891 SqFt (733 m2)
Price
$380/SqFt ($4,092/m2)
Type
Condo
Built
1963
HOA
$150/MO
MLS Number
A11779874
View
Bay
On Site
525 Days
Updated
177 Days ago
Page Views
0
We are excited to present the opportunity to acquire The Penthouse, a prestigious 8,000-square-foot property featuring 3,000 square feet of private outdoor terraces. Formerly a restaurant lounge where Sinatra once performed, the property is currently zoned for residential use. This is a unique opportunity to develop expansive penthouse units or convert it into three separate units. Additionally, the property includes 10 parking spaces. Located in a rapidly growing area with over $1 billion in new development, this property offers incredible potential for future appreciation and is positioned at the heart of Miami’s thriving real estate market.

Features

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Deck
  • View: Bay
Interior, Heating and Cooling
  • Equipment / Appliances: None
  • Heating Description: None
  • Cooling Description: None
Building and Construction
  • Floor Description: Concrete
  • Year Built: 1963
  • Year Built Description: Effective Year Built
  • Style: None
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 10
    • Listing Date: 2025-04-09T09:59:12.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Pools,Sewer,Trash
    • Taxes: No info
    • Security Information: DoorMan, ElevatorSecured
    • Parking Description: Covered
    • Total Floors in Building: 10

    Apples-to-Apples Comparables

     Closest-Match Comparables
    See closest-match comps for this subdivision
    No obligation
    Verified
    Trends
    Insights
    Best of Luxury Realty
    Talk to a local advisor
    Licensed advisors answering your questions across North Bay Village, FL
    01
    Licensed Brokerage
    02
    Local Advisors
    03
    Direct Answers
    Exclusive real estate service partner

    Price History

    Current
    $3M
    High
    $5.2M
    Low
    $3M
    Total Change
    -42.1%
    $5.4M$4.1M$2.7MApr 25Nov 25Jan 26Feb 26
    Date
    Event
    Price
    Change
    Price Per
    02/12/2026
    Price Reduced
    $3M
    -19.46%
    $380 ft2
    $4,092 m2
    01/30/2026
    Price Reduced
    $3.7M
    -6.76%
    $472 ft2
    $5,081 m2
    11/02/2025
    Price Reduced
    $4M
    -22.9%
    $506 ft2
    $5,450 m2
    04/08/2025
    Listed
    $5.2M
     
    $657 ft2
    $7,068 m2
    02/12/2026
    $3M
    Event
    Price Reduced
    Change
    -19.46%
    Price Per
    $380 ft2
    $4,092 m2
    01/30/2026
    $3.7M
    Event
    Price Reduced
    Change
    -6.76%
    Price Per
    $472 ft2
    $5,081 m2
    11/02/2025
    $4M
    Event
    Price Reduced
    Change
    -22.9%
    Price Per
    $506 ft2
    $5,450 m2
    04/08/2025
    $5.2M
    Event
    Listed
    Price Per
    $657 ft2
    $7,068 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Christy CancioCompass Florida, LLC • Buyer Agency Compensation .

    Listing Location & Street View
    MapStreet View

    Peer Listings

    Active listings from matched communities
    Results 0 of 0
    No listings found
    Try adjusting your filters or changing your location to see available listings
    Turn on listing alerts and we'll notify you
    when matching listings appear

    Scores

    Walk Score®
    Somewhat Walkable. Some errands can be accomplished on foot
    50

    100
    Bike Score®
    Somewhat Bikeable. Minimal bike infrastructure
    43

    100
    Sound Score®
    Very loud
    68

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    41

    100
    Local Score
    Limited local amenities nearby
    3

    100
    Community Snapshot
    Studio – 1 BR
    Bedrooms
    $180K – $3.5M
    Price Tier
    386 - 7,891
    SqFt Range
    1963
    Year Build
    11
    Total Floors
    173
    Total Units

    Subdivision Amenities

    Barbecue
    Boat Dock
    Elevators
    Fitness Center
    Laundry
    Marina
    Pool
    Trash

    North Bay Village
    Mid-Tier
    Mid-Tier Homes & Condos