Grandview Palace · Biscayne Bay

Property Proposal


Prepared for
The Owner of Residence 1419
7601 E Treasure Dr #1419, North Bay Village, FL 33141
Grandview Palace
August 18, 2026

Our Commitment


Thank you for trusting us with the sale of 1419.

We are not learning this building on your time. We have sold your exact floor plan twice — residence 1119 three floors below you, and residence 2319 nine floors above — both in the identical 19 line. We already know how the association's approval process runs, what documents buyers ask for in a bayfront tower, and how these stacks actually trade. Those two transactions are also the most relevant comparable sales in existence for your residence, and we lived every day of both.

What you have here is genuinely uncommon. A high floor, open water from the moment the door opens, a renovated split plan with both bedrooms ensuite, and two parking spaces in a building where most owners have one. Those things are real, they are rare, and they are why we can have an honest conversation about a price above where this building has been trading.

We also want to be straightforward with you from day one. There are twenty-nine units for sale here right now, and the average one takes about four months to sell. That is not a reason to hesitate. It is the reason presentation, positioning, and pricing have to be right the first time, because the listings that drift in a market like this are the ones that entered wrong and had to correct later.

Between the two of us you get full coverage: strategy and negotiation, and marketing and media produced in-house rather than farmed out. You will get real feedback from us, not comfortable feedback, and we will be beside you for every step of it. Any question, any day, we are here.

Ricky Z. & Brandon S.

Ricky Zimmerman & Brandon Saballos · Graber Realty Group

Why Choose Us


We Know This Building

We have sold this exact floor plan twice. Residence 1119 closed at $480,000 and residence 2319 is under contract at $517,000 — both in the identical 19 line, three floors below you and nine floors above. We know the association's approval process, its timelines, and the documents buyers request. That is experience most agents pitching this listing simply do not have.

Media Produced In-House

Brandon shoots and edits the photography, video, and drone work himself rather than handing it to a vendor. That means the launch package is built around this specific residence, on our schedule, and revised as often as it needs to be.

Two Agents, Full Coverage

You get both of us on every step — strategy, marketing, showings, and negotiation. Calls get returned, showings get covered, and nothing waits on one person's calendar.

Strong Performance

Ricky consistently achieves 99% or more of asking price. Pricing strategy, market awareness, and negotiation skill are what protect your value and let you move forward with confidence.

Property Overview


Prior listing photography. New photography, video, and drone will be produced ahead of launch.

7601 E Treasure Dr #1419, North Bay Village, FL 33141

2 Beds2 Baths1,030 Sq Ft14th Floor2 Parking Spaces

A renovated fourteenth-floor residence at Grandview Palace, where open water across Biscayne Bay greets you the moment the door opens. A true split plan with both bedrooms ensuite, in a full-service bayfront building with its own private marina — minutes from Miami Beach and Downtown.

Renovation scope and dates, the current maintenance figure, and the association's inspection and reserve documents will be gathered and verified before launch, so every buyer question has an answer waiting on day one.

The Market


An honest read of what Grandview Palace is doing right now, so the pricing decision gets made with eyes open.

29
Active Listings
9
Sales, Last 6 Months
129
Avg Days on Market
$418
Avg Sold / Sq Ft

Nine closings in six months against twenty-nine competing units works out to roughly nineteen months of inventory. The building's average sale over that window was $431,750, or $418 per square foot, while the average asking price sits at $439 per square foot — about a five percent gap between what sellers want and what buyers pay.

That is a buyer's market with a long runway, and pretending otherwise would not serve you. But the number that matters more is this: most of those twenty-nine listings are ordinary units. Un-renovated, single parking space, priced between $360,000 and $500,000. Residence 1419 is not competing with them.

The real competition is the handful of units at the top of the building — and against that group, 1419 is the better buy. That is the whole pricing argument, and it only holds if the presentation is flawless.

We also have something no other agent bringing you a proposal has: we have sold this exact floor plan twice ourselves. Residence 1119 closed at $480,000 ($466 per square foot), and residence 2319 is now under contract at $517,000 ($502 per square foot) — both in the identical 19 line. Those are not portal estimates. They are real contracts we negotiated, eighteen floors apart, and together they show the 19 line trending up while the building overall trends down.

Comparable Sales


Closed sales within Grandview Palace, used to support pricing strategy and market positioning. Click any residence to view it online.

Residences 2319 and 1119 are both our own sales in the identical 19 line — 2319 is under contract at $517,000 and scheduled to close, 1119 closed at $480,000. Remaining closed sale figures are compiled from public listing sources; sale dates and days on market will be confirmed against the MLS record before this proposal is finalized.

The Competition Today

The upper tier of active listings in the building — the group 1419 will actually be measured against.

ResidenceSq FtList Price$ / Sq FtNotes
8191,030$600,000$583Same 19 line — low floor
22201,005$572,000$569Higher floor, smaller plan
17201,005$569,000$566Higher floor, smaller plan
20071,061$565,000$532Larger plan
1419 — recommended1,030$550,000$534Renovated · 2 parking
11201,005$548,000$545Mid floor
9231,030$538,888$52368 days on market
23081,030$515,000$500High floor
21241,030$500,000$485Listed July 2026
22091,030$485,000$471High floor
2319 — under contract1,030$517,000$502Same 19 line · our sale

Nineteen additional residences are listed between $300,000 and $475,000, largely un-renovated single-space units.

Pricing Strategy


Two numbers are on the table. Here is the honest case for each.

Our Recommendation
$550,000
$534 per square foot

Positions 1419 just beneath the $565,000–$600,000 band where the building's high-floor and renovated units sit, which makes it read immediately as the better value in that group. It also leaves genuine room to negotiate into the mid or low $500s without ever having to announce a price reduction — and 2319 tells us the mid $500s is a real landing zone for this floor plan. In a building averaging 129 days on market, entering correctly is worth more than entering high.

Owner's Preference
$560,000
$544 per square foot

Achievable, and we will represent it fully if that is your decision. The trade-off is that it places 1419 shoulder to shoulder with 2220 and 1720 — both higher floors — and only $5,000 below 2007. It gives up the "best value at the top" position, and it most likely means a longer runway followed by a price adjustment, which is the one signal that tells buyers to wait you out.

Building sold avg
$418
Building list avg
$439
1419 in 2022
$451
1119 — our sale
$466
2319 — our sale
$502
At $550,000
$534
At $560,000
$544
Highest active (819)
$583

Price per square foot. Both target prices sit above the building's recent sold average — the renovation, the fourteenth-floor water view, and the second parking space are what carry that gap. Our two 19-line sales — 1119 at $466 and 2319 at $502 — are the closest read anyone has on what this exact floor plan commands today.

We would rather launch at $550,000 with a strong media package and hold firm than launch at $560,000 and reduce in sixty days. Either way, we will not promise a price or a timeline the market has not agreed to.

Sales Process


A clear, strategic process from preparation to closing — handled with clear communication, thoughtful planning, and hands-on support throughout.

01

Consultation & Strategy

We define pricing, timing, and strategy — and gather the association documents and disclosures up front so nothing derails us later.

02

Home Prep & Coordination

We prepare the residence through light staging, touch-ups, and detailing. Against 29 competing units, presentation is the whole game.

03

Media Production

Photography, cinematic video, aerial drone, and floor plan — shot at golden hour to capture the water the way a buyer experiences it.

04

Launch & Exposure

We bring the residence to market with targeted, high-visibility exposure across MLS, portals, social, and the agent community.

05

Showings & Negotiation

We manage buyer activity, report real feedback as it comes in, and negotiate strategically on your behalf.

06

Under Contract to Closing

We oversee inspection, appraisal, the association application and approval, title, and the final walkthrough through to handoff.

One note specific to this building: Grandview Palace requires association approval of the buyer, which adds time on the back end. We build that into the contract dates from the start rather than discovering it late.

Marketing Strategy


Tailored to this residence, its ideal buyer, and current market conditions — with the goal of creating strong exposure, quality interest, and the best possible result.

Sales Price
$550,000
Marketing Runway
90–120 days
Settlement
45–60 days

Digital Marketing

  • Zillow and MLS exposure
  • Social media campaigns
  • Buyer-focused digital ads
  • Email outreach to agents

Print Exposure

  • Professional brochures
  • Property feature sheet
  • Building and lobby materials
  • Open house materials

Visual Assets

  • Professional photography
  • Cinematic video
  • Aerial drone footage
  • Floorplan + 360 walkthrough

Presentation & Positioning

  • Interior staging consultation
  • Pre-list prep recommendations
  • Strategic pricing and timing

The most likely buyer is a second-home or full-time owner-occupant who wants a turnkey water-view residence without Miami Beach pricing, or a boater drawn by the private marina. The renovation and the two parking spaces are what separate this residence from the field, and the campaign will lead with both alongside the view.

Services & Inclusions


Commission Structure

Our commission reflects the level of strategy, marketing, negotiation, and hands-on service involved in delivering a strong result.

  • Standard market commission for full-service representation
  • Commission rate of 6%
  • Compensation is only earned upon a successful closing

Marketing Investment

We invest in presenting your property at a high level so it reaches the right audience and stands out in the market.

  • Professional media and launch preparation
  • Digital, social, and MLS exposure
  • Marketing tailored to the residence and target buyer

What Our Service Covers

We manage the process from preparation through closing, with a focus on clarity, presentation, and execution.

  • Pricing strategy and campaign planning
  • Vendor coordination and listing preparation
  • Association document gathering and buyer approval support
  • Showing management, feedback, and negotiation

Optional Campaign Enhancements

For sellers who want a more polished launch, we can also help coordinate additional services.

  • Decluttering, moving, and storage coordination
  • Repair and handyman scheduling
  • Staging or styling enhancements

Net Sales Proceeds


An estimate of projected selling costs and approximate net proceeds across the anticipated price range. Use the calculator below to explore any sale price.

7601 E Treasure Dr #1419$540,000$550,000$560,000
Estimated Listing Price$540,000$550,000$560,000
Est. Broker Compensation (6%)$32,400$33,000$33,600
Est. Seller Closing Costs (1.12%)$6,048$6,160$6,272
Est. Balance After Selling Costs$501,552$510,840$520,128
Est. Mortgage Payoff$422,348$422,348$422,348
Projected Net to Seller$79,204$88,492$97,780

Net Proceeds Calculator

Slide to choose a sale price, then enter your payoff — the breakdown updates instantly.
Selected Sale Price
$550,000
$480,000$600,000
$
Estimated from public record. Amortized from the original $441,750 note recorded 11/28/2022 — 30-year term at 6.61%, monthly principal and interest of $2,824 — carried forward 44 payments through August 2026. This is our calculation, not a lender figure. It assumes payments were made on schedule with no extra principal, no escrow shortage, and no refinance or second lien. Replace it with the lender's payoff statement before relying on the number.
Sale Price$550,000
Broker Compensation (6%)−$33,000
Seller Closing Costs (1.12%)−$6,160
Balance After Selling Costs$510,840
Estimated Mortgage Payoff−$422,348
Projected Net to Seller$88,492

All figures are estimates for planning purposes only. Broker compensation is calculated at 6% and seller closing costs at 1.12% of the sale price, covering Florida documentary stamps on the deed, customary seller title and settlement charges, the association estoppel fee, recording, and prorated taxes and maintenance. The mortgage figure is amortized from the recorded original note and is an estimate, not a lender payoff. Final proceeds will vary based on the actual payoff statement, prorations, closing adjustments, any association assessments outstanding at closing, and the final terms of the sale. We are not attorneys, lenders, or tax advisors — for questions on the tax treatment of the sale or your payoff terms, we will connect you with the right professional.

Next Steps


Once you are ready to begin, we'll take it from there.

We'll begin preparing the residence for listing — scheduling photography, finalizing marketing materials, coordinating any agreed-upon staging or touch-ups, gathering the association documents, and notifying our buyer network that a new listing is coming to market.

What we'll need from you

  • Lender payoff statement — our $422,348 estimate is amortized from the recorded note and needs to be replaced with the real figure
  • Renovation details — scope, approximate dates, and any permits or warranties
  • Most recent maintenance statement and the association's inspection and reserve documents
  • Confirmation of both parking space assignments and any storage
  • Your target timeline and any dates we should work around

What we'll handle

  • Verify every comparable sale against the MLS and finalize the pricing recommendation
  • Confirm the building's assessment and reserve status directly with the association
  • Pull the flood zone and insurance context for the parcel
  • Book the media shoot and build the launch calendar

We're excited to take this next step with you and are committed to ensuring the process is smooth, transparent, and successful from start to finish.

Verification notes — internal

Confirmed public record: Unit 1419 specs and the 11/28/2022 sale at $465,000 (Compass); building six-month averages, active count and DOM (CondoBlackBook); active roster (Sunny Isles Condos RE, Homes.com); closed sales 707, 1216, 1119, 1219 (Coldwell Banker); unit 1524 (Modern Horizon Homes); amenities and building facts (Miami Condo Lifestyle); building audit listing (City of North Bay Village).

Still to verify before this is final:

  • Closed-sale dates and days on market — not published publicly anywhere. Needs a Matrix export.
  • Residence 2319 square footage assumed at 1,030 (the 19 line standard) to derive $502/sf — confirm against the contract before presenting that number.
  • Mortgage payoff is our amortization of the original $441,750 note at 6.61% over 44 payments. Assumes on-schedule payments, no extra principal, no second lien, no refinance. Verify with the lender.
  • Milestone inspection / SIRS status and reserve funding — nothing public found. Highest priority for a 1987 waterfront tower.
  • FEMA flood zone — pull from Miami-Dade for parcel 23-32-09-041-5890.
  • Current maintenance figure for 1419 — was $631/mo in 2022; building average is now roughly $871/mo.
  • Pet policy — four public sources give four different answers. Get it from the association in writing.
  • Rental restriction — minimum one-year lease per public sources; confirm.
  • Pending / under-contract count — not published; pull from Matrix.
  • Unit 1524 at $395,000 — verify condition and date. If it is recent and renovated, it undercuts the pricing case.

Market data compiled August 18, 2026. Price-per-square-foot and months-of-inventory figures are derived from the published values above, not published directly.

Thank You

Ricky Zimmerman · Graber Realty Group
ricky@graberrealty.com · 786 942 8998
Brandon Saballos · brandon@graberrealty.com · 786 564 6861
www.rickyzmiami.com · @rickyzmiami
9699 NE 2nd Ave, Miami Shores, FL 33138
Prepared by Brandon Saballos & Ricky Zimmerman, Graber Realty Group. Estimates are for planning purposes and are not a guarantee of price, timeline, or final proceeds.