North Bay Village Real Estate
North Bay Village Real Estate - Condos & Home Listings
North Bay Village, nestled between Miami and Miami Beach, offers a unique blend of waterfront living and central convenience. Comprising a series of islands surrounded by Biscayne Bay, this charming island community boasts incredible open views of the bay and the city skyline. Its intimate atmosphere and tight-knit community make North Bay Village real estate a tranquil retreat amidst the bustling city life of Miami. Residents enjoy easy access to pristine beaches, waterfront parks, and various dining and entertainment options. With its central location and picturesque surroundings, North Bay Village real estate provides a serene yet fun Miami lifestyle that is truly in the middle of it all.
You'll love it here with North Bay Village real estate shining strong for an excellent South Florida living experience. The island life offers awesome views combined with value. Premier communities for single-family homes include North Bay Island and Treasure Island, with the most desirable streets being Bay Terrace, Miami View Drive (guard gated), and South Treasure Drive, offering impressive wide open Biscayne Bay & waterway views. From the list of luxury condos, and unique penthouses to luxury homes for sale, residential North Bay Village real estate offers a tremendous selection, as you will discover looking through today's property listings.
North Bay Village - The Future of The Island (2024-2030)
Welcome to North Bay Village, a charming waterfront community nestled between Miami and Miami Beach. With its stunning views, diverse population, and convenient location, North Bay Village offers a unique blend of coastal living and urban convenience. Whether you're a resident enjoying the tranquil waterfront lifestyle or a visitor exploring the vibrant cultural scene, North Bay Village promises an unforgettable experience in paradise.
A Wave of New Developments
North Bay Village is experiencing a wave of new development. The largest project in the pipeline is the phased mixed-use development north and south of the 79th Street Causeway, which bisects the town. The Ansin family’s Sunbeam Properties plans that project.
MG Developer teamed up with Prosper Group to acquire a waterfront condo development site in North Bay Village for $30.9 million. Miami Beach-based Prosper, a development firm led by Jay Roberts, has purchased the 1-acre assemblage at 1681 North Bay Causeway and 1725 79th Street Causeway. Coral Gables-based MG Developer, led by CEO Alirio Torrealba, is partnering with the firm. The deal closed in October 2024, and the developers plan to build a 340-foot, 147-unit luxury condo tower with retail spaces and a waterfront restaurant. The units will range from one to three bedrooms. This new North Bay Village project is in the planning stages and sits directly to the North of LEXI Condos, somewhat obstructing the buildings north side views. Construction could begin in 2027 and be completed in 2029.
The new North Bay Village condo project is immediately west of the site of Ian Bruce Eichner’s planned Continuum Club at North Bay Village, and the Shuckers site. In June 2024, Continuum Company paid $75 million for the Shuckers Waterfront Bar & Grill property and the adjacent Best Western.
Mikael Hamaoui’s Riviera Horizons is also working on a Pagani-branded condo building called Pagani Residences. Also, Related Group and Macklowe Properties have been assembling land for a phased luxury condo development, and Shoma Group, led by Masoud and Stephanie Shojaee, is building a 19-story, mixed-use condo tower called Shoma Bay.
Tour My Favorite Loft Condos at Space 01 Lofts
What Is North Bay Village Known For?
North Bay Village is a fast-growing island community in Miami-Dade County, with a population that’s just over 8,000 people. It has a unique central location that’s right in the middle of Biscayne Bay, between mainland Miami and Miami Beach on the J.F. Kennedy Causeway. This means those owning North Bay Village real estate are never more than a few steps from water activities & excitement, and plenty of other interesting attractions. Residents can find plenty to love upon making their new home here, from the ease of boating to waterfront dining at Shuckers & Benihanas.
Most of the residents of North Bay Village have year-round homes here, although it does make a great place to have a vacation spot. Those who live in the village will find great restaurants, a grocery store, marinas, Treasure Island Elementary School, a community park, and a quick drive to many of the other hottest spots in the Miami area. They can easily reach South Beach, Downtown Miami, Bal Harbour, Fort Lauderdale, and countless other Miami hot spots in under 30 minutes. The island is central to everything in Miami. Now, the island has evolved into a central residential enclave with a more permanent population where the pace moves slower but is in the middle of everything in Miami. With North Bay Village as a centrally located island, you'll find drive time easy with a 7-minute drive to the beaches and a 30-minute drive to either (MIA & FLL) airport. It’s a picturesque island location surrounded by the waters of Biscayne Bay on all sides.
Demographics
North Bay Village is an urban community located in Miami-Dade County, comprising a series of islands surrounded by Biscayne Bay. With a population of approximately 8,000 residents, North Bay Village is known for its diverse population and scenic waterfront views.
- Population: Approximately 8,000
- Median Household Income: $$$
- Median Property Value: $$$
- Average Age: 35 years old
Education and Schools
North Bay Village is served by top-rated public and private schools, providing residents with quality education for their children.
Top Schools in North Bay Village:
- Treasure Island Elementary School
- Ruth K. Broad Bay Harbor K-8 Center
- Miami Beach Senior High School
- Lehrman Community Day School
Amenities and Offerings
Despite its small size, North Bay Village offers a variety of amenities and cultural attractions for residents and visitors to enjoy.
Best of North Bay Village:
- Harbor Island Park: Enjoy waterfront picnics, fishing, and scenic views at this picturesque park.
- Treasure Island Park: Relax on the sandy beaches and soak up the sun with stunning views of downtown Miami.
- Shuckers Waterfront Grill: Indulge in fresh seafood and waterfront dining at this popular restaurant overlooking Biscayne Bay.
- North Bay Village Farmers Market: Shop for fresh produce, artisanal goods, and local crafts at this weekly market.
A Miami Island Community
The intimate community atmosphere and stunning waterfront setting sets North Bay Village apart. Residents enjoy a relaxed coastal lifestyle with easy access to urban amenities and cultural attractions. With its scenic views, diverse dining options, and vibrant community events, North Bay Village exudes a truly unique air of tranquility and charm. In a picturesque waterfront setting, North Bay Village offers a coastal lifestyle and urban convenience. Whether you're drawn to its scenic views, waterfront dining, or community events, North Bay Village promises an extraordinary living experience.
North Bay Village Residential Market Trends
North Bay Village's real estate market has seen increasing demand, especially for waterfront properties offering stunning views of Biscayne Bay. Known for its mid-century architecture and a mix of single-family homes, affordable condos, and new luxury condo developments, this island community appeals to both investors and homeowners seeking a serene yet convenient location near Miami Beach and Downtown Miami. The limited inventory and growing interest in waterfront living have driven property values upward, making North Bay Village a competitive market for those looking to enjoy a relaxed, coastal lifestyle with easy city access.
The History of North Bay Village
The City of North Bay Village is best known now for its bustling JFK Causeway, boutique highrise condo buildings, a bayfront bar called Shuckers, and the longtime home of WSVN-Channel 7’s studios. The island has seen several transformations through the decades. It’s been a family town, a strip of ‘50s drive-in restaurants, a Mafia hangout, a center of all-night clubs, the home to a 24-hour beauty parlor, and for the last several decades, transitioned back to a family-friendly community. Celebrities like Judy Garland, Dean Martin, and Frank Sinatra spent time in North Bay Village during the winter in the 60s and 70s and popularized the islands’ nighttime entertainment scene.
1940 -1970s
North Bay Island was dredged up from Biscayne Bay in 1940. Harbor Island and Treasure Island followed. The city was incorporated in 1945. Before 1940, only Broadcast Key (Cameo Island) existed in North Bay Village. Treasure Island’s street names, which include Adventure and Buccaneer Avenues, were taken from Robert Louis Stevenson’s novel, Treasure Island. Broadcast Key, home to television station WSVN-Channel 7 and several radio stations, was annexed in 1963. In the 1960s, North Bay Village became a place for the famous and infamous. There were days past when North Bay Village’s bars and clubs were open until sunrise, and people like Dean Martin and Frank Sinatra were often spotted. Back then, stars like Dean Martin, who owned a restaurant and bar called Dino’s, and Frank Sinatra spent time in the city. There were outrageous nightclub parties like the Bonfire, Harbor Lounge, Black Magic Room, Nick and Arthur’s, and Vanity Fair. There was also an all-night “beauty parlor” called Head Hunter, where hookers and showgirls were the main attraction.
The 79th Street Causeway strip, as it was known then, was a gaudy collection of drive-ins, motels, bars, and strip joints where bartenders warned patrons when undercover agents entered the premises. In 1967, there was a gangland-type slaying outside a popular restaurant, The Place for Steak, when Tommy “The Enforcer” Altamura, a big man in the local Cosa Nostra hierarchy, was shot twice in the head. Actress Eva Gabor was robbed of $25,000 in diamonds while staying in the Village. Tobacco heir Richard Reynolds III and his wife were victims of a $100,000 jewel robbery at their apartment when their Doberman pinscher was at the vet for a tonsillectomy. A snake dancer at a local strip club known as Zorita had an orchid-colored mini-mansion on North Bay Island and drove around in a Rolls-Royce. Neighbors complained she was the village vampire who skinny-dipped in her swimming pool. The Miami Herald editorialized in 1968 that “the strip has fielded more prostitutes per foot than any series of dives east of Las Vegas, noting it is easy to get shot there and easier still to get robbed."
1980s
By the mid-1980s, new leadership emerged, the city cleaned up its act, the clubs closed, and the thugs and prostitutes disappeared from the strip. The Village settled into a residential community populated by families and retirees. City officials hope the flurry of new North Bay Village condo developments will give the Village new life. Surrounding the Village on every side are unobstructed panoramic views of the sparkling waters of Biscayne Bay and the remarkable Miami skylines. Developers say the Village’s potential has been long overlooked and recognized as a prominent and dramatic central location. Developers have discovered that the tiny Village of three man-made islands scooped out of Biscayne Bay is a sleeping beauty with affordable land and is surrounded on every side by beautiful Biscayne Bay views that make it a natural location for condominium living with an urban flair.
The Central Island Location
Located east of Biscayne Boulevard at 79th Street, the Village is brimming with new residents and developers seeking new development opportunities. Developers target young professionals and empty nesters, cosmopolitan residents whom the city expects will bring new vitality to the Village. Less than two miles in length and linked to Miami and Miami Beach by the Kennedy Causeway, the strip is traveled by 50,000 cars daily. The City of North Bay Village successfully shook a notorious reputation as a haven for hookers, hoodlums, and mobster mayhem to become a tranquil enclave of family living and strict law enforcement. Today, North Bay Village is a four-island community of more than 370 single-family homes, condo buildings, and businesses. Young professionals with children have moved in to replace snowbirds and retirees over the past 30 years, changing the look and needs of the community of 6,500+ residents.
Premier North Bay Village Real Estate Listings
North Bay Village real estate is highly desirable, and people worldwide come to see what the excitement about Miami real estate is all about. We have beautiful waterfront homes for sale, newly renovated condos, premier rental property listings and so many more real estate opportunities available in North Bay Village, Florida today. My favorite new construction and existing buildings here include Shoma Bay, Cielo on the Bay, Lexi, and my numero uno for all Miami loft condos is Space 01 Lofts. Experience Island Living in North Bay Village, Florida.
Properties for Rent in North Bay Village, Florida
Explore a North Bay Village property rental. Our comprehensive listings feature a vast selection of North Bay Village condos and homes available for rent, catering to various buildings and budgets. Whether you're seeking a luxurious waterfront condo with impressive Miami skyline views or a single-family home in this vibrant community, we have great rental properties in North Bay Village to suit your needs. Explore our latest rental listings today to find your ideal North Bay Village condo rentals and homes for rent in North Bay Village, Florida. Experience the ultimate in location, comfort, and convenience. Experience home, one step closer!