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North Bay Village, FL Real Estate Guide

For a direct-water condo at the lowest realistic entry point on Biscayne Bay, North Bay Village is where the search usually ends — three causeway islands where nearly every building touches open water. A wave of approved redevelopment along the 79th Street corridor is gradually pulling values upward, which makes the older bayfront stock interesting to buyers thinking a few years ahead.

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.

125
Homes sold, last 12 months
$475K
Median sale price
$399
Median price per sqft
68 days
Median time on market
307
Leases signed, last 12 months
$2,600/mo
Median rent achieved
$3
Median rent per sqft
57 days
Median time to lease
Homes Sold per Month
9Oct10Nov7Dec11Jan13Feb15Mar12Apr3May9Jun12Jul11Aug4Sep
Median Sale Price per Month
$520K$365KOctNovDecJanFebMarAprMayJunJulAugSep
Median Sale Price by Bedrooms
BedroomsSalesMedian price
Studio8$167,500
1 bd21$250,000
2 bd66$467,500
3 bd22$885,000
4 bd5$2,250,000
5+ bd3$12,500,000
Sales by Property Type
TypeSalesMedian price
Condominium108$400,000
Single Family Residence17$1,090,000
12-Month Sales Trend
MonthHomes soldMedian price
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 202611$400,000
Sep 20264$452,500
Median Rent by Bedrooms
BedroomsLeasesMedian rent
Studio25$1,600/mo
1 bd100$1,950/mo
2 bd145$2,990/mo
3 bd26$4,700/mo
4 bd8$9,150/mo
5+ bd3$27,500/mo

Mid-Bay Miami

North Bay Village occupies a position no other Miami address can claim: three islands — Treasure, Harbor and North Bay — strung along the 79th Street Causeway in the open middle of Biscayne Bay, with water in every direction and both shorelines ten minutes away. From the same building, residents watch the sun rise over the Miami Beach skyline and set behind the mainland's — a combination the bay grants nowhere else. For decades the village stayed a low-key secret of boaters and value hunters; that chapter is closing fast.

Developers found the mid-bay math irresistible — open-water views trading well below Edgewater — and the response has been emphatic: Continuum Club & Residences, the Pagani-branded tower, Tula and Shoma Bay are remaking Harbor Island's waterfront line. Beneath the cranes, the village keeps its small-town wiring: its own police department, an elementary school, and a dockside restaurant culture where a meaningful share of the customers arrive by boat.

Three Islands, Three Markets

Harbor Island is the condo island: bayfront co-ops and rental buildings from the 1960s and 1970s that long served as Miami's cheapest ticket to open-water living, the 2000s generation anchored by the 360 marina complex, and now the branded wave that will reset both the skyline and the ceiling. Every orientation wins something — west lines take the skyline sunset, east lines face the Beach across the bay — which keeps demand unusually balanced across floor plans.

Treasure Island is where the village's families live, a grid of midcentury ranches — many on wide canals with a quick run to open bay — in steady renovation and replacement. North Bay Island, gated and purely residential at the causeway's mainland end, holds the quiet estate tier. With so few properties across all three islands, inventory runs chronically thin, and the new-construction era is narrowing the spread between the village's old and new pricing with every delivery.

Life on the Causeway

The 79th Street Causeway is simultaneously the village's main street, commercial strip and escape route. North Beach and the ocean sit five minutes east; the MiMo District's restaurant row and Biscayne Boulevard five minutes west; Wynwood, the Design District and the airport all fall inside about twenty. Between the bridges, Pelican Harbor's marina and seabird sanctuary share the causeway with the village's dock-and-dine establishments — and for many residents, the boat in the backyard is transportation as much as recreation.

Buying a Home in North Bay Village

Buying in North Bay Village starts with understanding what drives its market: open-bay condos at the market's friendliest waterfront prices. Benchmark the segment you're shopping with the bedroom and property-type tables above, then open the live map search to see everything currently available — every listing links straight to full photos, details and an inquiry line to a licensed Florida broker.

Financed purchases in South Florida typically close in 30–45 days, while cash can close in as little as two weeks. Condo purchases usually add an association-approval step, and properties near the water carry insurance considerations worth pricing before you offer — both are routine in North Bay Village transactions when planned early.

Renting in North Bay Village

Rentals move faster than sales — well-priced North Bay Village units are often signed within weeks, and most annual leases require 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 last year; the live rental search shows every home and condo currently offered.

Featured Listings in North Bay Village

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Things to Do & Places to See in North Bay Village

The open bay

Paddleboards off the seawall, sailboats at sunset and regular dolphin sightings — the village's defining amenity is the water itself.

Shuckers Waterfront Grill

The under-the-bridge dockside landmark where game days and bay views converge.

Treasure Island parks

The village's waterfront greens and playgrounds serving the family island.

Pelican Harbor Marina & Seabird Station

The causeway's county marina and its cherished seabird rescue operation.

The MiMo District

Mid-century motel-row architecture, galleries and chef-driven kitchens at the causeway's mainland landing.

North Beach Oceanside Park

The bandshell, the sand and the shaded canopy five minutes over the east bridge.

Dining in North Bay Village

Shuckers

Oysters, wings and dock life — the bayfront classic the whole city knows.

Benihana

The teppanyaki chain's long-serving bayside outpost on the causeway.

The causeway strip

The village's own run of sushi, Thai and neighborhood kitchens between the bridges.

Blue Collar

The MiMo District's comfort-food standout at the mainland end of the causeway.

Cafe Prima Pasta

North Beach's Argentine-Italian institution, five minutes east.

Schools in North Bay Village

Treasure Island Elementary
Public

The village's own dual-language elementary school on Treasure Island.

Nautilus Middle School
Public

The middle-school assignment across the bay in Miami Beach — confirm by address.

Miami Beach Senior High
Public

The public high school pipeline continuing on the barrier island.

Miami Country Day School
Private

The major mainland independent about ten minutes west, among a ring of nearby private options.

School attendance boundaries change — always verify a specific address's assigned schools with Miami-Dade County Public Schools (or the relevant district) and confirm private-school admissions directly before relying on them 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 open-bay condos at the market's friendliest waterfront prices, and that identity anchors long-term demand. Judge the market by the numbers on this page — actual closed sales, the median sale price, and how long homes took to sell over the trailing twelve months.

What is the median home price in North Bay Village?

The market snapshot above shows the current 12-month median sale price for North Bay Village, along with price per square foot and medians broken out by bedroom count and property type — all computed from closed MLS sales, refreshed continuously rather than quoted from stale reports.

Should I buy a condo or a house in North Bay Village?

The property-type table above shows how North Bay Village sales split between condos, single-family homes and townhomes, and what each segment's median ran over the last year. Condos add monthly association dues and a board-approval step; houses carry their own insurance and maintenance. Every property type has its own live search page linked below.

How do I see every home for sale in North Bay Village?

Use the North Bay Village map search — every active MLS listing in the city, updated continuously, with the city boundary drawn on the map and filters for property type, bedrooms and price.

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