Listed by Keller Williams Realty Miami Beach

Recently sold · North Bay Village

$480,000

7135 Collins Ave # 834, Miami Beach FL 33141

Listed by Miami Beach Real Estate Group · Sold by BHHS EWM Realty

Public MIAMI MLS record · deemed reliable but not guaranteed · MiamiCityRealty.com not necessarily a party

Miami · ZIP 33141 · Live MLS

North Bay Village

North Bay Village: 7,800-resident Town on three Biscayne Bay islands (Treasure, Harbor, North Bay) on the 79th Street Causeway. Bayfront condos 5 min from South Beach at half the price. Pelican Harbor Marina + Seabird Station. Median condo 25K; canal-front single-family .5-6M.

$548K

Median price

$467

Per sq ft

94

Active listings

71 d

Median days on mkt

Price position -32% vs MCR median
See all

Median list price

$547,500

For-sale active inventory

Price / sq ft

$467

Across active listings

Active inventory

94

On the market right now

Median days on market

71

Well-priced units move faster

✦ Computed live from MIAMI MLS active inventory · refreshed every few hours · updated July 21, 2026

North Bay Village real estate market data, live from MIAMI MLS, updated July 21, 2026
Median list price$547,500
Median price per square foot$467
Active for-sale inventory94
Median days on market71 days
Median asking rent$3,200 / month
Year-over-year price change-4.4%
Homes in a FEMA high-risk flood zone15% of active for-sale homes
Typical home typeCondominium

Market pulse

How North Bay Village is trading

Median asking price by month listed, plus how active inventory splits — all live from MIAMI MLS active listings (not closed sales).

Median list price, by month listed

12-mo avg
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul

-4.4%

Median list, recent vs. earlier

$796,190

12-month average

94

For-sale listings

What's on the market, by price

Share of active for-sale inventory

Under $500K 44% · 41
$500K – $1M 28% · 26
$1M – $3M 17% · 16
$3M – $10M 10% · 9
$10M+ 2% · 2

Recently sold in North Bay Village (1)

Public MIAMI MLS closings

Closed-sale data from the MIAMI MLS · deemed reliable but not guaranteed. MiamiCityRealty.com was not necessarily involved in these transactions; the listing and selling brokerages credited above are the parties to each sale.

The insider read

What North Bay Village actually is

North Bay Village is a Town of ~7,800 residents spread across three small islands in Biscayne Bay — Treasure Island, Harbor Island, and North Bay Island — all strung along the 79th Street Causeway that connects mainland Miami’s Upper East Side to the north end of Miami Beach. Incorporated in 1945, the Town’s character is mid-century bay-island residential: low-rise condos lining the causeway-side, single-family homes on the canal-side streets, the working Pelican Harbor Marina at the western edge, and water on every horizon you can see.

The Town has a particular kind of underrated charm. In the 1950s-60s, North Bay Village was a destination — The Place For Steak (later The Forge) was here before it moved to Miami Beach, the bay-front Italian joints drew the Rat Pack era’s South Florida moment, and Frank Sinatra used to gamble at private parties in the area. The Town slept through the 1980s-2000s while Miami Beach got the glory. Now, as Miami Beach pricing has compressed entry buyers, North Bay Village is rediscovering its value: bayfront condo access 5 minutes from South Beach for prices that are half of South Beach. The development pipeline is real (multiple new luxury condo projects), the older MiMo stock is being thoughtfully restored, and new investment is layering in.

The Town is small enough that everyone knows each other. Treasure Island has the Village’s elementary (Treasure Island Elementary). Harbor Island and North Bay Island have the single-family residential streets where kids ride bikes and learn to fish off the docks. The Town’s small footprint + island geography means traffic is minimal on residential streets — the only real traffic is the causeway itself, which threads through the Village. For renters and investors, the Town’s steady rental demand makes it one of the better small-condo cash-flow markets on the bay corridor.

The North Bay Village markets

  • Treasure Island condos (the causeway-side cluster) — bayfront 1970s-2010s mid-rise condos. The bulk of inventory. $300K-$1.2M.
  • New + planned luxury condo projects (multiple in pipeline) — the 2020s redevelopment wave bringing branded-residence-style buildings. $700K-$3M.
  • Harbor Island single-family — canal-front + open-bay homes on the smallest of the three islands. $1M-$5M.
  • North Bay Island single-family — the residential island, mid-century ranch + Mediterranean homes. $1.5M-$6M with the bay-front lots.
  • Older 1950s-1960s MiMo condos — the foundational stock, often well-restored. $250K-$700K, the entry-tier.
  • Restaurants + retail along the causeway — mixed-use cluster includes apartments above the retail.
  • Rentals — solid pool. Apartment rentals $1,800-3,500; condo family rentals $2,500-5,000; bayfront condo premium $4-8K/mo.

Live North Bay Village inventory

🏝️ NBV Estates — Harbor Island + North Bay Island waterfront

Waterfront single-family on the residential islands. Canal-front + open-bay lots.

🏛️ NBV Mansions + Larger Homes

5,000+ sqft single-family — the larger Harbor Island and North Bay Island lots.

🏡 NBV Family Homes

3-4 BR single-family. The residential-island stock — mid-century ranch + Mediterranean.

🌃 NBV Penthouses

Top-floor bayfront units — including the new-luxury wave.

🏢 Luxury NBV Condos

1,500-2,500 sqft, 2-3 BR. Bayfront mid-rise + the new luxury cluster.

🏬 NBV Starter Condos

1BR + studios. The deepest bayfront-access entry-tier in zip 33141 — and one of the best first-purchase markets on the corridor.


North Bay Village rentals

🏢 NBV Family + Premium Rentals

$3K-$6K/mo. 2-3BR bayfront condo + waterfront single-family rentals.

🏬 NBV Standard Rentals

Under $3K/mo. 1BR + studio apartments — the workforce pool, 5 min from South Beach.


The places that make NBV, NBV

Pelican Harbor Marina + Seabird Station

1275 NE 79th Street. The Miami-Dade County-operated marina at the Village’s western edge, with 180+ wet slips, fueling, boat ramps, and the Pelican Harbor Seabird Station — the wildlife rehabilitation facility that rescues injured pelicans, herons, ospreys, and other South Florida seabirds. The Station is open for visitor tours (donation-based); kids’ field trips are popular. The marina is the boating launchpad for residents who keep small craft.

The 79th Street Causeway restaurant cluster

The causeway is North Bay Village’s restaurant row. Shuckers Bar & Grill (the venerable bayfront seafood joint, the Sunday-afternoon gathering point with sunset views, very local, slightly grungy in the best way). Benihana (the longstanding Japanese teppanyaki, family birthday institution). Solar Bistro (modern Latin). Burger Bar. Hooked on Crab. Pesca (Italian-seafood, bayfront). The cluster isn’t fine dining — it’s neighborhood-restaurant-with-water-views, which is exactly the Village’s vibe.

The bayfront sunset

NBV’s residential streets face west across Biscayne Bay toward the mainland skyline (Edgewater + Miami’s downtown). The sunsets here are spectacular — the Miami skyline silhouetted against orange + pink + violet sky, the bay reflecting both. Many NBV residents will tell you the sunset is their daily commute reward. The causeway pulloffs are popular for runners + dog-walkers + photographers at golden hour. It’s the kind of “free luxury” that doesn’t show up on listings but defines the lived experience.

The Harbor Island + North Bay Island residential blocks

The two residential islands feel like a different country from the causeway. Quiet, tree-lined streets, kids on bikes, dogs off-leash, neighbors waving from porches. The mid-century Mediterranean Revival + ranch architecture is well-preserved. Many homes have small private docks. It’s the small-town residential intimacy you don’t expect to find this close to South Beach.


Living in NBV

Schools

  • Treasure Island Elementary — A-rated district public on Treasure Island.
  • Nautilus Middle School — A-rated district public, adjacent Miami Beach.
  • Miami Beach Senior High School — adjacent Miami Beach, A/B-rated.
  • iPrep Academy + Mater Academy charter networks — multiple campuses within reach.
  • Lehrman Community Day School + Hebrew Academy (RASG) — day schools in adjacent Miami Beach.
  • St. Joseph Catholic School — adjacent Miami Beach K-8.
  • MAST Academy — magnet 9-12 on Virginia Key.

Getting around

  • 79th Street Causeway (SR-934) — the only road in/out. Connects to mainland Miami (Upper East Side, MiMo District) west, North Beach east.
  • South Beach 10 min east via Collins Avenue · Brickell 18 min south via I-95.
  • MIA 25 min · FLL 30 min · OPF 15 min.
  • Free Miami-Dade Connect Trolley — limited service through the causeway.
  • The Town is genuinely walkable within its small footprint. Bike-friendly. Boat launches at Pelican Harbor.

North Bay Village 2026 market: what we’re watching

  1. The new-construction wave. Multiple new luxury condo projects in the pipeline. Pricing in the $1,000-$1,500/sqft tier — significantly above existing inventory. Will the absorption support the new baseline?
  2. South Beach overflow. As South Beach pricing pushes entry buyers out, NBV captures the value-conscious “5 minutes from South Beach” demand. Watch absorption of 1BR + studio inventory.
  3. SB 4-D structural reviews. NBV has a meaningful 1950s-1970s condo cluster — most are completing or have completed SB 4-D inspections. Pricing reflects building-by-building structural-record quality.
  4. Insurance + flood exposure. Bayfront + island geography = real windstorm + flood-insurance cost. Premiums are a quiet drag on per-sqft pricing.
  5. Treasure Island Elementary as buyer anchor. In-district priority for the A-rated elementary drives demand. Treasure Island condo inventory tightens during enrollment season.

Frequently asked questions

How safe + structurally sound is NBV condo inventory?

Building-by-building. NBV has a real 1950s-1970s condo cluster that’s now in the SB 4-D structural-review cycle. Most buildings have completed inspection or are mid-process. Some buildings are funding repair assessments; others have already remediated. Always pull the engineer’s report + reserve study + 12-month special-assessment history before offer on any pre-1990 NBV condo. The good news: NBV’s smaller scale + tighter community + active Town government means structural transparency is meaningfully better than in many comparable submarkets.

NBV vs Miami Beach vs Upper East Side?

Three different vibes. NBV = small bay-island Town, mid-century bones, 5 min from South Beach at 40-60% of South Beach pricing, small-town residential intimacy. Miami Beach = the destination — beachfront, nightlife, art scene, much higher prices. Upper East Side (MiMo + Morningside + Belle Meade across the bay on the mainland) = historic single-family + low-rise condos, more walkable urbanism, similar pricing to NBV. NBV is the bay-island middle position between mainland UES and Miami Beach.

Is NBV good for investment?

Yes for cash-flow rental investors. Strong rental demand from the South Beach workforce. Cap rates work meaningfully better than South Beach itself. The risk: SB 4-D special-assessment surprise on older buildings — minimize by buying buildings with completed remediation.

Schools serving NBV?

Public: Treasure Island Elementary (in-district A-rated), Nautilus Middle + Miami Beach Senior High (adjacent Miami Beach, A/B-rated). Charter: iPrep + Mater networks. Lehrman Community Day School + Hebrew Academy (Miami Beach). Other: St. Joseph Catholic, MAST Academy magnet.

Bitcoin purchases in NBV?

Yes. Title companies on the bay corridor are experienced with BTC closings. BTC pricing displayed on every listing.


Get the NBV market report — monthly


Other Miami-Dade neighborhoods we cover

Condo buildings in North Bay Village

All 10 →
The Grandview Palace CondNorth Bay Village Listing by JJ Gold Realty LLC • Assoc. under enforcement 21 active listings View building → Tula ResidencesNorth Bay Village Listing by Brown Harris Stevens 5 active listings View building → Kennedy HouseNorth Bay Village Listing by Riviera Realty Associates Inc 7 active listings View building → 360 Condo ANorth Bay Village Listing by Compass Florida, LLC • Assoc. under enforcement 5 active listings View building → Eloquence On The Bay CondNorth Bay Village Listing by Florida Capital Realty • Assoc. under enforcement 6 active listings View building → The BridgewaterNorth Bay Village Listing by Home Concepts International Rlty LLC No listings available in this building View report →

On the market

In North Bay Village right now

All North Bay Village listings →
New

North Beach

$599,999

7900 Harbor Island Dr, North Bay Village FL 33141

2 bd 2 ba 1,223 sqft

Listing courtesy of Keller Williams Realty Miami Beach

Tour →

North Beach

$750,000

7918 Harbor Island Dr # 212, North Bay Village FL 33141

3 bd 2 ba 1,336 sqft

Listing courtesy of Ojeda Lazar Real Estate Inc

Tour →
New

North Beach

$1,750,000

7928 East Drive # 106, North Bay Village FL 33141

4 bd 3.5 ba 2,496 sqft

Listing courtesy of Miami Portfolio Collection

Tour →

North Beach

$6,998,200

7940 West Drive # 1501, Miami FL 33141

4 bd 4.5 ba 3,247 sqft

Listing courtesy of Fortune International Realty

Tour →

North Beach

$530,000

1625 Kennedy Cswy # 603F, North Bay Village FL 33141

2 bd 2 ba 1,253 sqft

Listing courtesy of Beycome of Florida LLC

Tour →

North Beach

$750,000

7901 S Hispanola Ave # 1008, North Bay Village FL 33141

2 bd 2 ba 1,735 sqft

Listing courtesy of One Sotheby's International Realty

Tour →
New

North Beach

$5,450,000

7701 Coquina Drive, North Bay Village FL 33141

5 bd 5.5 ba 4,410 sqft

Listing courtesy of Douglas Elliman

Tour →

North Beach

$659,000

7601 E Treasure Dr # 611, North Bay Village FL 33141

3 bd 3 ba 1,390 sqft

Listing courtesy of JJ Gold Realty LLC

Tour →

Down the block

What the numbers say about living in North Bay Village

Each figure below is live from MIAMI MLS active inventory + FEMA flood data — nothing illustrative.

🌊

Flood reality

About 15% of active for-sale homes here are mapped in a FEMA Special Flood Hazard Area. Confirm a specific home's zone, elevation and insurance before you buy.

💵

What you'll pay

Median asking price is $547,500 (about $467/sq ft) — -32% vs MCR median.

🏠

What's available

Condominium is the most common home type among the 94 homes for sale right now.

🔑

Renting here

Median asking rent is $3,200/month across 52 active rentals — useful if you're weighing rent vs. buy.

Your North Bay Village specialist

RP

Robert Paulson

Founding Broker · BK3286709

Tell me what you're after in North Bay Village — budget, building, must-haves — and I'll match you with the specialist who works that block.

Miami Insider Report

North Bay Village price moves, in your inbox.

New listings and monthly market shifts. No spam.

Explore nearby neighborhoods

Coconut Grove $2.6M median Brickell $860K median Liberty City $623K median Miami Gardens $550K median Allapattah $721K median

MiamiCityRealty.com LLC · 1000 5th St Ste 200, Miami Beach, FL 33139 · (305) 547-8912 · Robert Paulson, Broker · FL Lic. BK3286709. All MCR agents are REALTORS®, members of the National Association of REALTORS®. Equal Housing Opportunity. Median price, price-per-foot, inventory, days-on-market, the price trend and inventory mix are computed live from MIAMI MLS active for-sale inventory (not closed sales); the flood figure is from FEMA's National Flood Hazard Layer. All deemed reliable but not guaranteed and never an appraisal. Lifestyle and "best for" labels describe places, amenities and inventory — not people. In accordance with Florida §475.

North Bay Village · $548K median

See what's on the market

Browse →

Compare listings

Compare

Sign In

Register

Reset Password

Please enter your username or email address, you will receive a link to create a new password via email.