House for Sale
$13,999,999
6 bd · 6 ba · 4,703 sqft
7520 W Treasure Dr, North Bay Village, FL 33141
TREASURE ISLAND
Three islands strung along the 79th Street Causeway and wrapped entirely by open water, North Bay Village offers the most attainable direct-waterfront entry on Biscayne Bay. It sits midway between the Miami mainland and North Beach, and a steady redevelopment pipeline keeps resetting the comparables.
House for Sale
$13,999,999
6 bd · 6 ba · 4,703 sqft
TREASURE ISLAND
House for Sale
$11,999,999
5 bd · 4 ba · 3,758 sqft
NORTH BAY ISLAND
House for Sale
$10,999,999
6 bd · 7 ba · 6,816 sqft
TREASURE ISLAND
House for Sale
$9,050,000
4 bd · 3 ba · 4,232 sqft
TREASURE ISLAND
Every figure below is computed from closed MLS transactions in North Bay Village over the trailing twelve months — what buyers and tenants actually paid, not asking prices — and refreshes continuously.
| Bedrooms | Sales | Median price |
|---|---|---|
| Studio | 7 | $175,000 |
| 1 bd | 20 | $250,000 |
| 2 bd | 67 | $475,000 |
| 3 bd | 21 | $890,000 |
| 4 bd | 5 | $2,250,000 |
| Type | Sales | Median price |
|---|---|---|
| Condominium | 106 | $397,500 |
| Single Family Residence | 16 | $1,045,000 |
| Month | Homes sold | Median price |
|---|---|---|
| Oct 2025 | 7 | $510,000 |
| Nov 2025 | 10 | $495,000 |
| Dec 2025 | 7 | $373,000 |
| Jan 2026 | 11 | $395,000 |
| Feb 2026 | 13 | $440,000 |
| Mar 2026 | 15 | $520,000 |
| Apr 2026 | 12 | $437,500 |
| May 2026 | 3 | $365,000 |
| Jun 2026 | 9 | $478,500 |
| Jul 2026 | 12 | $442,500 |
| Aug 2026 | 11 | $400,000 |
| Sep 2026 | 12 | $524,500 |
| Bedrooms | Leases | Median rent |
|---|---|---|
| Studio | 25 | $1,600/mo |
| 1 bd | 102 | $1,982/mo |
| 2 bd | 153 | $2,990/mo |
| 3 bd | 25 | $4,600/mo |
| 4 bd | 8 | $9,150/mo |
| 5+ bd | 3 | $27,500/mo |
North Bay Village is three islands strung along the 79th Street Causeway in the middle of Biscayne Bay — Treasure Island, Harbor Island and North Bay Island — a city of about eight thousand that spent decades as Miami's best-kept mid-bay secret and now stands as its most concentrated redevelopment story. Halfway between the mainland and Miami Beach, the village delivers what neither neighbor can: open-water sunrises and sunsets from the same address, ten minutes from both North Beach's sand and the Design District's showrooms.
The secret ended when the developers arrived. Continuum Club & Residences, Pagani's first-ever residential tower, Tula and Shoma Bay are rebuilding Harbor Island's bayfront line, betting that mid-bay water views at a discount to Edgewater would not stay discounted for long. Village life underneath stays small-scale — a school, a police department, waterfront restaurants where boats tie up — with the construction era's cranes as the visible price of what comes next.
Harbor Island carries the condo market: 1960s-70s bayfront co-ops and rentals (long the entry ticket to open-water living in Miami), the 2000s generation led by 360 Condo's marina campus, and now the branded wave set to redraw the skyline and the price ceiling. West-facing lines watch the sunset over the skyline; east lines face the Beach across the bay — there is no bad water here, only better.
Treasure Island is the family heart, a grid of single-family streets where midcentury ranches — many on wide canals with quick bay access — are being renovated and replaced. North Bay Island, gated and residential, is the quiet estate address at the causeway's mainland end. The village's small stock keeps inventory thin in every category, and the redevelopment wave is narrowing the gap between old and new pricing month by month.
The 79th Street Causeway is the village's main street and its trump card: North Beach and the ocean are five minutes east, the MiMo District and Biscayne Boulevard five minutes west, and the Design District, Wynwood and the airport all fall inside twenty. The John F. Kennedy Causeway's bridges frame the islands with bay views on either side, and the local culture of restaurants-with-docks means much of social life shows up by boat.
A smart North Bay Village purchase begins with knowing what moves its market: island living with the bay's most attainable direct-waterfront pricing. Use the bedroom and property-type tables above to benchmark the segment you're shopping, then open the live map search to see what's on the market right now — every listing links through to full photos, details and a direct line to a licensed Florida broker.
In Florida, a financed purchase generally closes in 30 to 45 days, while an all-cash deal can wrap in as little as two weeks. A condo adds a board-approval step, and anything near the water carries insurance questions worth pricing before you write an offer — both are routine parts of a North Bay Village transaction when you plan for them early.
Rentals turn over faster than sales — a well-priced North Bay Village unit is often under lease within weeks, and most annual leases ask for first month, last month and a security deposit up front. The rent tables above show what tenants actually committed to by bedroom count over the past year, and the live rental search lists every home and condo on offer today.
We work North Bay Village every day — tell us what you need and we'll send listings, pricing and a plan within the day.

The village's front yard — open-water paddleboarding, sunset sails and dolphins off the seawalls.
The bayfront institution beneath the bridge — dock life on game day at its most Miami.
The village's waterfront greens and playgrounds over on Treasure Island.
The barrier island's bandshell park and beach, five minutes across the causeway.
Biscayne Boulevard's mid-century motel row of restaurants and galleries, at the causeway's mainland end.
The county marina and its cherished seabird rescue out on the causeway.
Wings, oysters and bay views at the dockside classic every Miamian knows.
The teppanaki original's long-standing outpost on the bayfront causeway.
Mega-yacht marina dining, just a causeway hop away.
The Argentine-Italian institution, five minutes to the east.
Blue Collar's comfort food and the chef-driven kitchens of the boulevard at the mainland landing.
The islands' own row of neighborhood kitchens along the causeway.
The village's elementary on Treasure Island, dual-language program included.
The island assignments carry across the bay into Miami Beach — confirm by address.
The major independent PK-12, ten minutes west.
St. Patrick, the Hebrew Academy and Miami Shores' schools all sit inside a fifteen-minute ring.
Attendance boundaries shift over time — always confirm the assigned schools for a specific address with the county school district, and verify private-school admissions directly, before you rely on either in a purchase decision.
North Bay Village is known for island living with the bay's most attainable direct-waterfront pricing, and that character is what sustains demand over time. Let the figures on this page do the arguing — real closed sales, the median sale price, and how long homes sat before selling over the trailing twelve months.
The snapshot above reports the current 12-month median sale price for North Bay Village, together with price per square foot and medians split out by bedroom count and property type. Every figure is calculated from closed MLS sales and refreshed continuously — not lifted from a report that's already months old.
The property-type table above breaks North Bay Village sales into condos, single-family homes and townhomes, and shows where each segment's median landed over the past year. A condo brings monthly association dues and a board-approval step; a house carries its own insurance and upkeep. Each property type has its own live search page linked below.
Open the North Bay Village map search — it shows every active MLS listing in the city, updated continuously, with the city boundary traced on the map and filters for property type, bedrooms and price.