$2,450,000New
4 bd · 4 ba · 3,696 sqft
7934 West Dr # 1503 & 1504, North Bay Village, FL 33141
SPACE O1 CONDO
Space 01 Building Guide
7934 West Dr, North Bay Village, FL 33141 · North Bay Village
Inside Space 01
On 7934 West Dr in North Bay Village, Space 01 is a residential condominium. We follow this building unit by unit: each line, floor and exposure trades at its own level, so the listings below are sorted by status — available, under contract and recently closed — rather than blended into a single average.
The layouts seen in recent MLS activity run from 1-bedroom plans up to 4-bedroom residences. Shared facilities on record for the building include elevator(s), exercise room, intercom in lobby, key card entry, security patrol and spa/hot tub — worth confirming with the association which are covered by the monthly dues and which carry their own fees. For closed prices, rents and time-to-sell by bedroom count, scroll to the twelve-month market report for Space 01 further down.
Building Record
- Address
- 7934 West Dr, North Bay Village, FL 33141
- Median Price / SqFt
- $663
Shared Amenities at Space 01
- Elevator(s)
- Exercise Room
- Intercom In Lobby
- Key Card Entry
- Security Patrol
- Spa/Hot Tub
- Above Ground
- Barbecue
- Community Pool
- Elevator Secure
- Grillwork
- Hot Tub
- In Ground
- Key/Card Entry Parking
- Phone Entry
- Trash Chute
In-Unit Features at Space 01
- Bay
- Blinds
- Dishwasher
- Dryer
- Electric Range
- Refrigerator
- Washer
- Bay Window(s)
- Ceramic Floor
- Clear Impact Glass
- Closet Cabinetry
- First Floor Entry
- High Impact Windows
- Ice Maker
- Impact Glass
- Microwave
- Tile
- Walk-In Closet(s)
- Water View
Finishes differ from unit to unit; check any feature against the specific listing before relying on it.
Layouts & Floor Plans in Space 01
Unit layouts recorded in Space 01 listings, active and recently closed:
| Residence | Size Range | For Sale | For Rent | Sale Pricing | Avg $/SqFt |
|---|---|---|---|---|---|
| 2 Bed / 2 Bath | 1,804–1,906 sqft | 1 | 2 | $1.1M | $637 |
| 3 Bed / 2 Bath | 1,906 sqft | — | — | — | — |
| 4 Bed / 4 Bath | 3,696–3,721 sqft | 1 | — | $2.5M | $663 |
Compiled from MLS records. Ask for the official plan of a particular line and we will send the developer drawing.
Space 01 Listings
Space 01 — Units for Sale
Space 01 — Units for Lease
Space 01 — Closed Sales, Past Year
Space 01 — Leases Signed, Past Year
Space 01: Twelve-Month Condo Readout
A rolling year of recorded closings and signed leases for Space 01, recalculated as new MLS closings post. Switch the metric or bedroom count below to isolate the part of the building stock you are shopping.
- Closed sales:
- 3
- Median closed:
- $1.0M
- Per sqft:
- $538
- Median days to sell:
- 140
- Year over year:
- −8.9%
- Leases signed:
- 8
- Median rent:
- $6,000/mo ($3.22/sqft)
$1.0M
Median (12 mo)
3
Sales (12 mo)
140 days
Median DOM
Last 12 Months by Bedroom Count
| Residence | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| 2 Bed | 1 | $1.0M | $538 | 112 | 7 | $6,000 | $3.22 |
| 3 Bed | 1 | $880K | $462 | 140 | 1 | $5,200 | $2.73 |
| 4+ Bed | 1 | $2.3M | $605 | 152 | — | — | — |
Month-by-month table — All
| Month | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| Dec 2025 | 1 | $2.3M | $605 | 152 | — | — | — |
| Jan 2026 | — | — | — | — | 2 | $6,400 | $3.55 |
| Feb 2026 | — | — | — | — | 1 | $6,000 | $3.15 |
| Mar 2026 | 1 | $880K | $462 | 140 | 1 | $5,800 | $3.22 |
| Apr 2026 | — | — | — | — | — | — | — |
| May 2026 | — | — | — | — | 1 | $5,200 | $2.73 |
| Jun 2026 | — | — | — | — | 1 | $6,800 | $3.68 |
| Jul 2026 | 1 | $1.0M | $538 | 112 | — | — | — |
| Aug 2026 | — | — | — | — | — | — | — |
| Sep 2026 | — | — | — | — | 2 | $6,250 | $3.38 |
| Oct 2026 | — | — | — | — | — | — | — |
| Nov 2026 | — | — | — | — | — | — | — |
Where Space 01 Sits
Towers to Compare With Space 01
Comparable North Bay Village buildings whose current listings overlap the Space 01 price band — worth touring side by side:
Questions Buyers Ask About Space 01
Which association documents should I review before buying at Space 01?
Request the current budget, the reserve study, at least a year of board minutes, the rules and regulations, and a written statement of any special assessment that is approved or under discussion. Florida's condo-safety laws now require milestone structural inspections and structural integrity reserve studies for buildings of three or more stories, so ask where Space 01 stands on both.
Does Space 01 allow pets?
Pet policy is set by the Space 01 association and can limit the number, size or type of animals — and a board vote can change it. Get the current rule in writing before you make an offer; we request it as a standard step on every condo purchase we handle.
What leasing rules apply to owners at Space 01?
Minimum lease length, how many times a year a unit may be leased, tenant approval and any waiting period for new owners are association decisions. If you plan to rent the unit out, verify the current policy first; the rental and leased tabs on this page show the lease activity recorded here.
How do view lines and floor height affect value at Space 01?
Inside one tower, price follows the stack: exposure, view corridor, floor height and whether the line is a corner unit all matter. Compare closed prices by bedroom count in the market report, then ask us which lines in Space 01 face which direction before you build a shortlist.
Does a unit at Space 01 come with parking?
Parking arrangements differ by building and sometimes by unit — assigned spaces, valet, or spaces conveyed as limited common elements. Confirm how many spaces transfer with the specific residence and whether guest parking or storage costs extra.
How does Gromadzki Real Estate price a unit in Space 01?
Building first: closings in the same line and bedroom count, then nearby floors, then comparable towers in North Bay Village. The association's health — reserves, assessments and insurance — gets equal weight, because it shapes the monthly cost of ownership as much as the purchase price does.
What is the street address of Space 01?
The building's address is 7934 West Dr, North Bay Village, FL 33141 — part of North Bay Village. The map lower on this page pins its exact location.
Space 01: Building Notes
Building file: Space 01, North Bay Village, North Bay Village, Florida 33141 (Miami-Dade County). Before any offer here we pull the association's current budget, reserve funding, recent board minutes, any approved or proposed special assessment and the building's milestone-inspection status, then price the unit against closings in its own line before looking at neighboring towers. Buyers weighing Space 01 usually tour Eloquence on the Bay, Cielo on the Bay and Grandview Palace as well. To see a specific unit or ask which lines face which direction, call Matthew Gromadzki at +1 786-370-8570.