1850 S TREASURE DR, North Bay Village, FL 33141

1850 S TREASURE DR, North Bay Village, FL 33141 is a 12-bedroom, 10-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1963 with 8,858 square feet of living space on a 12,000 square foot lot. The property is currently owned by NBV OCEAN LLC, recorded as of 2026-06-20. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-05-27 for $7,099,000, when TREASURE 1850 LLC sold to ACS PROMOTIONS LLC. The property sold for $1,851,000 less than the prior sale of $8,950,000 on 2026-05-26. There are 6 recorded sales for this property.

The 2025 assessed value is $2,890,000 with a market value of $2,890,000. This breaks down to $2,880,000 for the land and $10,000 for the building. The assessed value decreased 4% from $3,000,000 in 2024.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $74,241, and the median home value is $429,600.

The population density is 22,530 people per square mile. There are active mortgage liens totaling $5,913,037 recorded against this property. 1850 S TREASURE DR, North Bay Village, FL 33141 is located in North Bay Village, Florida.

Property records, tax assessments, sales history, and ownership information for this North Bay Village property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2019 to 2026, with 6 recorded transactions in the public record. The current assessed value represents 41% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $801 per square foot — a key metric for comparing value across North Bay Village's real estate market..