$5,850,000
7941 East Drive
Explore the area: North Bay Village homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $5,850,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 149
This lot in Harbor Island went under contract with an asking price of $5,850,000. It spent 149 days on the market before going under contract.
Estimated monthly payment
$30,744 /mo
Principal and interest only, based on $1,170,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $5,850,000
- Days on Site
- 149 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.26 Acres
- Property Type
- Land
- MLS #
- A11887589
- Property Tax
- $42,993 (2024)
- Subdivision
- HARBOR ISLAND
- County
- Miami Dade
- Status
- Under Contract
About This Property
Amazing opportunity to develop a new luxury waterfront condominium in North Bay Village on Harbor IslandThe Island is booming with many new exciting developments, perfect for a developer looking to create a 16-18 high-end boutique concierge with boat docks. Unobstructed beautiful water views for all units
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Under Contract
- Lot Size (Acres)
- 0.26
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- 4000
Exterior Features
- Lot Features
- Cul De Sac
- Waterfront
- Yes
- Waterfront Features
- Bayfront
- View
- Bay / Beach
Community & HOA
- Utilities
- Cable Available / Electricity Available / Natural Gas Available / Trash Collection / Water Available
- Restrictions
- City Restrictions
- MLS Area
- 2320
Features & Amenities
About the Community
Harbor Island is a luxury waterfront, luxury community in North Bay Village, Miami-Dade County, Florida. Properties are priced from $2,000,000 to $6,000,000. Pure Equity lists homes in Harbor Island and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 5
- Median List Price
- $2,700,000
- Median $/Sq Ft
- $1,425
- Avg Days on Market
- 460
Frequently Asked Questions
- How do I schedule a tour of 7941 East Drive, North Bay Village, FL 33141?
- Use the Tour button on this listing to request a showing of 7941 East Drive, North Bay Village, FL 33141. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 7941 East Drive, North Bay Village, FL 33141 still available?
- 7941 East Drive, North Bay Village, FL 33141 is currently listed as Under Contract, and has been on the market 149 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 7941 East Drive, North Bay Village, FL 33141?
- With 20% down ($1,170,000) on the $5,850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7941 East Drive, North Bay Village, FL 33141 is about $30,744/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 7941 East Drive, North Bay Village, FL 33141?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7941 East Drive, North Bay Village, FL 33141. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 7941 East Drive, North Bay Village, FL 33141?
- Often, yes. The right offer on 7941 East Drive, North Bay Village, FL 33141 depends on how it's priced against comparable land sales in North Bay Village, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Brown Harris Stevens
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 1, 2026.
$5,850,000
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Listed by Jeff J Cohen, Brown Harris Stevens
Map & Location
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Recent Sales
Recently sold homes in Harbor Island
These are the last 4 recorded closings in Harbor Island, with the price each home actually sold for rather than what it was listed at. They closed at a median of $339 per square foot. The most recent closed on April 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$150,000
Sold · April 13, 2026
7904 West Drive 409
0 bed · 1 bath · 443 sqft · $339/sqft
$10,000 under the asking price
Sold$1,200,000
Sold · November 18, 2025
1467 Mariner Way
4 bed · 3 bath
$75,000 under the asking price
Sold$1,272,000
Sold · October 16, 2025
1468 Mariner Way
4 bed · 3 bath · 2,660 sqft · $478/sqft
$123,000 under the asking price
Sold$489,000
Sold · August 21, 2025
6244 NW 38th Drive
3 bed · 2 bath · 1,509 sqft · $324/sqft
$10,900 under the asking price
See every recorded sale in Harbor Island or find out what your Harbor Island home is worth.
