FLORIDA LUXReal Estate

Space 01 Condos — North Bay Village

7934 West Dr, North Bay Village, FL 33141 · North Bay Village

1 for sale3 for rent$2.5M – $2.5M$663 / sqft median

About Space 01

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–$6,400 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.

Space 01 Building Facts

The Building

Address
7934 West Dr, North Bay Village, FL 33141
Neighborhood
North Bay Village
City
North Bay Village, FL 33141
County
Miami-Dade County
Year built
2006
Stories
16
Bedrooms
1 – 4 bedrooms
Bathrooms
2 – 4 baths
Developer
Cambridge Development
Architect
Oppenheim Architecture
Construction
Concrete Block Construction
Legal name
Space 01 Condominium

Ownership Costs & Rules

HOA fees
$3,400/mo
HOA average
$3,400/mo
HOA per sq ft
$0.92/sq ft per month
HOA includes
Building Exterior, Common Area, Elevator, Hot Water, Landscaping/Lawn Maintenance, Parking, Pest Control Interior, Pool Service
Pets
Allowed
Leasing
181 days minimum · up to 2× a year

Market — Last 12 Months

Closed sales
4
Median sold price
$1.1M
Median sold $/sq ft
$605
Median days on market
140 days
Leases signed
9
Median rent
$6,000/mo
Price change vs. prior year
+42%

Views, Parking & Security

Waterfront
Yes
Views
Bay
Parking
2 Spaces, Covered, Guest
Security
Intercom In Lobby, Key Card Entry, Card Entry, Elevator Secure

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.

Space 01 Amenities

Pool, Spa & Fitness

  • Exercise Room
  • Spa/Hot Tub
  • Pool
  • Community Pool
  • Heated Pool
  • Hot Tub

Security & Access

  • Intercom In Lobby
  • Key Card Entry
  • Security Patrol
  • Card Entry
  • Gated Community
  • Key/Card Entry Parking
  • Lobby Secured
  • No Security

Social & Leisure

  • Barbecue

Services & Building

  • Elevator(s)
  • Bike Storage
  • Elevator Secure

More Amenities

  • Above Ground
  • Community
  • Grillwork
  • In Ground
  • Maintained Community
  • Phone Entry

Space 01 Residence Features

  • Dishwasher
  • Dryer
  • Refrigerator
  • Washer
  • Bay
  • Blinds
  • Electric Range
  • First Floor Entry
  • Bay Window(s)
  • Ceramic Floor
  • Clear Impact Glass
  • Closet Cabinetry
  • Concrete
  • Disposal
  • High Impact Windows
  • Ice Maker
  • Impact Glass
  • Microwave
  • Tile
  • Walk-In Closet(s)

Features vary by residence — confirm details for any specific unit with us.

Floor Plans & Residences at Space 01

Residence configurations observed across current and recent Space 01 listings:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
1 Bed / 2 Bath1,848 sqft—1——
2 Bed / 2 Bath1,804–1,906 sqft—2——
3 Bed / 2 Bath1,906 sqft————
4 Bed / 4 Bath3,696–3,721 sqft1—$2.5M$663

Derived from live MLS data — request official floor plans and we'll send the developer set for your line.

Space 01 Listings

Space 01 Market Report

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.

0$1.3M$2.5MNovDecJanFebMarAprMayJunJulAugSepOctNov: $1.1M (1 sales)Dec: $2.3M (1 sales)Mar: $880K (1 sales)Jul: $1.0M (1 sales)$1.1M$2.3M$1.0M
$1.1M
Median (12 mo)
4
Sales (12 mo)
140 days
Median DOM

Last 12 Months by Bedroom Count

ResidenceSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
2 Bed2$1.1M$6201128$6,000$3.22
3 Bed1$880K$4621401$5,200$2.73
4+ Bed1$2.3M$605152———
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
Nov 20251$1.1M$620271$6,000$3.15
Dec 20251$2.3M$605152———
Jan 2026————2$6,400$3.55
Feb 2026————1$6,000$3.15
Mar 20261$880K$4621401$5,800$3.22
Apr 2026———————
May 2026————1$5,200$2.73
Jun 2026————1$6,800$3.68
Jul 20261$1.0M$538112———
Aug 2026———————
Sep 2026————2$6,250$3.38
Oct 2026———————

Space 01 Location & Address

Address

7934 West Dr, North Bay Village, FL 33141

North Bay Village · North Bay Village · Miami-Dade County

Get directions

Similar Buildings to Space 01

Buyers weighing Space 01 tend to shortlist these North-bay-village buildings in a comparable price band:

Space 01 — Frequently Asked Questions

What do condos at Space 01 sell for?

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.

Are there condos for sale at Space 01 right now?

Yes — 1 residence is for sale, the least expensive at $2.5M. Mix: 1 four-bedroom-plus. 3 units are also available for rent.

How much is rent at Space 01?

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.

Are prices going up at Space 01?

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.

When was Space 01 built?

Space 01 was completed in 2006 and has 16 stories. The project credits developer Cambridge Development and architect Oppenheim Architecture.

Where is Space 01 located?

Space 01 is at 7934 West Dr, North Bay Village, FL 33141, in North Bay Village. Nearby comparable buildings include Bayshore Yacht & Tennis Club, Eloquence on the Bay and Cielo on the Bay.

How does Space 01 compare with nearby buildings?

Space 01 lists from $2.5M to $2.5M today. For comparison, Bayshore Yacht & Tennis Club asks $190K–$3.5M, Eloquence on the Bay asks $475K–$1.9M and Cielo on the Bay asks $899K–$1.2M.

Living at Space 01: Summary

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 Bayshore Yacht & Tennis Club, Eloquence on the Bay and Cielo on the Bay. For a private showing, off-market availability or a valuation of your unit at Space 01, call Matthew Gromadzki at +1 786-370-8570.