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Grandview Palace

7601 EAST TREASURE DRIVE, North Bay Village, FL 33141
Building file last updated 2026-07-10 · How we research buildings
1987
YEAR BUILT
535
UNITS
26
FLOORS
$353,000-$1,600,000
RECENT SALES

Grandview Palace is a 26-story bayfront condominium tower built in 1987 on Treasure Island in North Bay Village, between Miami Beach and the mainland. Third-party listing sources report unit counts ranging from about 497 to 539, somewhat higher than the 506 units in official state records. The building sits directly on Biscayne Bay with a private marina and is positioned as a mid-market waterfront option convenient to Miami Beach, downtown Miami, and Miami International Airport. The resale market is active with a steady mix of one-, two-, and three-bedroom units turning over.

What our building intelligence file shows

No red flags currently on our file (last updated 2026-07-10) — but our file reflects publicly identified issues, not verified good standing. Your report re-checks all 14 risk categories fresh and tells you exactly what to verify with the association.

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Amenities at Grandview Palace

heated poolspa/hot tubmarina/boat dockfitness centercommon laundryelevatorassigned/garage parkingwaterfront

Frequently asked questions

How much do condos at Grandview Palace cost?

Recent listings at Grandview Palace range around $353,000-$1,600,000, with about 27 units actively for sale as of the last research date.

What is the pet policy at Grandview Palace?

Publicly reported pet policy: pets allowed for owners (large pets ok); generally not permitted for renters/tenants. Confirm current rules with the association before purchasing.

How old is Grandview Palace?

Grandview Palace was built in approximately 1987 and rises 26 floors with 535 units.

What is the building inspection status at Grandview Palace?

Florida condominiums of this age are subject to milestone inspection and structural reserve requirements. Our Intelligence Report covers what official city and county records show for this building, and what remains for a buyer to verify with the association.

Why Florida condo buildings need a closer look

When you buy into a condo building that's 15 or more years old — anywhere in the US — you should expect by default that an assessment, or several, is in effect or on the way: roof repairs, elevator replacement, repaving, facade work. Buildings age on a schedule, and the bill lands on the owners: often hundreds of dollars a month on top of your mortgage, HOA fee, taxes, and insurance. The unit listing rarely mentions any of it.

In Florida, the stakes for older buildings are higher still. Since the 2021 Surfside tragedy, state law requires milestone structural inspections at 30 years (25 in some coastal areas), Structural Integrity Reserve Studies, and — critically — bars associations from waiving reserve funding for structural components, ending decades of artificially low fees. Add the state's insurance surge, and many older buildings carry obligations that never appear in a listing. None of this makes an older building a bad purchase — but the difference between a well-run 1970s tower and a struggling one can be tens of thousands of dollars per unit. That's the question our building intelligence answers.

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