FLORIDA LUXReal Estate

North Bay Village, FL Real Estate Guide

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.

North Bay Village Market Snapshot

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.

127
Homes sold, last 12 months
$455K
Median sale price
$399
Median price per sqft
77 days
Median time on market
305
Leases signed, last 12 months
$2,600/mo
Median rent achieved
$3
Median rent per sqft
58 days
Median time to lease
Homes Sold per Month
15Sep9Oct10Nov7Dec11Jan13Feb15Mar12Apr3May9Jun12Jul9Aug
Median Sale Price per Month
$520K$340KSepOctNovDecJanFebMarAprMayJunJulAug
Median Sale Price by Bedrooms
BedroomsSalesMedian price
Studio10$175,000
1 bd23$250,000
2 bd64$467,500
3 bd22$885,000
4 bd5$2,250,000
5+ bd3$12,500,000
Sales by Property Type
TypeSalesMedian price
Condominium109$395,000
Single Family Residence17$1,090,000
Townhouse1$550,000
12-Month Sales Trend
MonthHomes soldMedian price
Sep 202515$440,000
Oct 20259$500,000
Nov 202510$495,000
Dec 20257$373,000
Jan 202611$395,000
Feb 202613$440,000
Mar 202615$520,000
Apr 202612$437,500
May 20263$365,000
Jun 20269$478,500
Jul 202612$442,500
Aug 20269$340,000
Median Rent by Bedrooms
BedroomsLeasesMedian rent
Studio25$1,600/mo
1 bd98$1,900/mo
2 bd146$2,900/mo
3 bd25$4,600/mo
4 bd8$9,150/mo
5+ bd3$27,500/mo

Living in North Bay Village

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.

North Bay Village Buildings & Housing Stock

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.

Location & Getting Around

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.

Buying a Home in North Bay Village

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.

Renting in North Bay Village

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.

Featured Listings in North Bay Village

See every home for sale →

Things to Do & Places to See in North Bay Village

Biscayne Bay, all of it

The village's front yard — open-water paddleboarding, sunset sails and dolphins off the seawalls.

Shuckers Waterfront Grill

The bayfront institution beneath the bridge — dock life on game day at its most Miami.

Treasure Island Park & Vogel Park

The village's waterfront greens and playgrounds over on Treasure Island.

North Beach Oceanside Park (east)

The barrier island's bandshell park and beach, five minutes across the causeway.

The MiMo District (west)

Biscayne Boulevard's mid-century motel row of restaurants and galleries, at the causeway's mainland end.

Pelican Harbor Marina & Seabird Station

The county marina and its cherished seabird rescue out on the causeway.

Dining in North Bay Village

Shuckers

Wings, oysters and bay views at the dockside classic every Miamian knows.

Benihana

The teppanaki original's long-standing outpost on the bayfront causeway.

The Deck at Island Gardens (nearby)

Mega-yacht marina dining, just a causeway hop away.

Cafe Prima Pasta (North Beach)

The Argentine-Italian institution, five minutes to the east.

MiMo District row (west)

Blue Collar's comfort food and the chef-driven kitchens of the boulevard at the mainland landing.

Sushi Siam & village standbys

The islands' own row of neighborhood kitchens along the causeway.

Schools in North Bay Village

Treasure Island Elementary
Public

The village's elementary on Treasure Island, dual-language program included.

Nautilus Middle & Miami Beach Senior High
Public

The island assignments carry across the bay into Miami Beach — confirm by address.

Miami Country Day School (mainland)
Private

The major independent PK-12, ten minutes west.

Beach & Shores privates
Private

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.

Condo Neighborhoods in North Bay Village

North Bay Village Real Estate FAQ

Is North Bay Village a good place to buy a home?

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.

What is the median home price in North Bay Village?

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.

Condo or house in North Bay Village — which should I buy?

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.

Where can I see every home for sale in North Bay Village?

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.

Discover Your Perfect Home

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