About Grandview Palace
Grandview Palace is a bayfront high-rise condominium on East Treasure Drive in North Bay Village, completed in 1987 — among the tallest buildings in the neighborhood, with boat dock access and Biscayne Bay views from most units.
Building Fees & Assessments
MLS listings for Grandview Palace have shown a median association fee around $0.83/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Grandview Palace is 39+ years old, which puts it within Florida's Milestone Inspection requirement (SB 4-D, post-Surfside law covering condo/co-op buildings 3+ stories, coastal buildings inspected at 25 years and every 10 years after). Request the building's most recent milestone inspection report, structural integrity reserve study (SIRS), and reserve fund status before purchasing -- these determine whether a special assessment is likely.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for Grandview Palace's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is Grandview Palace pet-friendly?
Yes, Grandview Palace is generally pet-friendly. Verify current pet rules and any breed or weight restrictions directly with the building association before purchasing.
Can I rent out my unit at Grandview Palace?
Long-term rentals are generally permitted at Grandview Palace, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Is Grandview Palace on the water?
Yes -- it's a bayfront building on East Treasure Drive on Treasure Island, with boat docks/marina access, one of the taller and larger condo buildings in North Bay Village.
Reviewed by Carlos Olivares, FL License #3051724. Last updated September 2026.