Condo for Sale
$2,450,000
4 bd · 4 ba · 3,696 sqft
7934 West Dr # 1503 & 1504, North Bay Village, FL 33141
5 days on market
SPACE O1 CONDO
7934 West Dr, North Bay Village, FL 33141 · North Bay Village
Space 01 is a 16-story condominium at 7934 West Dr in North Bay Village, built in 2006. It was developed by Cambridge Development and designed by Oppenheim Architecture.
One residence is for sale right now, asking $2.5M (a median $663 per square foot). 3 residences are offered for rent, $5,700–$6,200 per month.
Space 01 recorded 4 closed sales in the trailing twelve months at a median $1.1M ($605/sq ft), typically going under contract in about 140 days. Prices have firmed 42% year over year. 9 leases were signed over the same period at a median $6,000 a month.
Life in the building comes with a fitness center, key card entry, a spa, a pool, security patrol and above ground.
HOA, pet and leasing details are read from current MLS listings in the building and can vary by unit — confirm with the association before you buy.
Features vary by residence — confirm details for any specific unit with us.
Residence configurations observed across current and recent Space 01 listings:
| Residence | Size Range | For Sale | For Rent | Sale Pricing | Avg $/SqFt |
|---|---|---|---|---|---|
| 2 Bed / 2 Bath | 1,804–1,906 sqft | — | 2 | — | — |
| 3 Bed / 2 Bath | 1,906 sqft | — | — | — | — |
| 4 Bed / 4 Bath | 3,696–3,721 sqft | 1 | — | $2.5M | $663 |
Derived from live MLS data — request official floor plans and we'll send the developer set for your line.
Over the last 12 months, 4 condo sales closed in Space 01 at a median of $1.1M ($605/sqft), median 140 days on market. Median sold prices are up 42.4% year-over-year. 9 leases were signed at a median of $6,000/mo ($3.15/sqft). Computed from recorded MLS closings; updates automatically.
| Residence | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| 2 Bed | 2 | $1.1M | $620 | 112 | 8 | $6,000 | $3.22 |
| 3 Bed | 1 | $880K | $462 | 140 | 1 | $5,200 | $2.73 |
| 4+ Bed | 1 | $2.3M | $605 | 152 | — | — | — |
| Month | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| Nov 2025 | 1 | $1.1M | $620 | 27 | 1 | $6,000 | $3.15 |
| 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 | — | — | — | — | — | — | — |
North Bay Village · North Bay Village · Miami-Dade County
Buyers weighing Space 01 tend to shortlist these North-bay-village buildings in a comparable price band:
The one unit listed now asks $2.5M. Closed sales over the past year had a median of $1.1M, or $605 per square foot. Typical sale prices: two-bedrooms $1.1M. Exact value depends on floor, line, view and finish.
Yes — 1 residence is for sale, the least expensive at $2.5M. Mix: 1 four-bedroom-plus. 3 units are also available for rent.
The median rent over the past twelve months was $6,000 a month across 9 leases. Two-bedrooms rented for about $6,000 and three-bedrooms rented for about $5,200. 3 units are available to lease today. Minimum lease terms are set by the association — ask us for Space 01’s current rental policy.
The median sale price is up 42% compared with the prior twelve months. Units that sold took a median 140 days to go under contract. 4 sales closed in the last year.
Space 01 was completed in 2006 and has 16 stories. The project credits developer Cambridge Development and architect Oppenheim Architecture.
Space 01 is at 7934 West Dr, North Bay Village, FL 33141, in North Bay Village. Nearby comparable buildings include Eloquence on the Bay, Cielo on the Bay and Grandview Palace.
Space 01 lists from $2.5M to $2.5M today. For comparison, Eloquence on the Bay asks $639K–$1.9M, Cielo on the Bay asks $899K–$1.2M and Grandview Palace asks $250K–$1.6M.
Space 01 is a condominium in North Bay Village, North Bay Village, FL 33141 (Miami-Dade County). Current snapshot — 1 for sale, 3 for rent and 4 sold in the past year. Buyers comparing it also look at Eloquence on the Bay, Cielo on the Bay and Grandview Palace. For a private showing, off-market availability or a valuation of your unit at Space 01, call Matthew Gromadzki at +1 786-370-8570.