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North Bay Island Multifamily Home for Sale

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    $25,000,000

    • 1,524 Sq Ft

    7939 East Dr, North Bay Village, FL 33141

    15-Unit Waterfront Building for sale in the Heart of the Bay, North Bay Village. This modern architectural gem offers 15 two-story units, crowned by a spectacular penthouse boasting unobstructed panoramic views of Biscayne Bay and Miami Beach. Each unit has 20 foot ceilings, floor-to ceiling windows, and DIRECT water views! Amidst a wave of new construction, including what is rumored to be a Ritz

    Andy Daro Compass Florida, LLC.

    7939 East Dr, North Bay Village, FL 33141

Why Live in North Bay Island

North Bay Island, part of North Bay Village in Miami, is a serene island community in Biscayne Bay, offering both single and multifamily homes. The island is connected by the John F. Kennedy Causeway, providing easy access to Miami Beach and the mainland. North Bay Island features a mix of housing styles, from 1950s and 1960s single-family homes, many of which have been remodeled, to modern constructions and luxury high-rises with private marinas. Multifamily residences include low-rise condos and high-end penthouses. The area is undergoing development with new condos, a hotel, and mixed-use buildings. Local amenities include Presidente Supermarket and Healthy D'Light café, while nearby Treasure Island offers waterfront dining at Benihana. Students attend Treasure Island Elementary, Miami Beach Nautilus Middle, and Miami Beach Senior High, all of which have high ratings. For recreation, Dr. Paul Vogul Community Park provides bay views, a playground, and a picnic area, while a dog park caters to pet owners. North Bay Island is a quiet enclave with tropical scenery and proximity to Miami Beach, making it an attractive option for those seeking a laid-back lifestyle with convenient urban access.

Home Trends in North Bay Island, FL

Housing Trends

Median Sale Price
$622,500
Median Single Family Sale Price
$2,900,000
Median 2 Bedroom Sale Price
$559,000
Median 1 Bedroom Sale Price
$270,000
Average Price Per Sq Ft
$792
Number of Homes for Sale
66
Last 12 months Home Sales
44
Months of Supply
18.00
Median List Price
$599,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
8%
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