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North Bay Village

Why you'd want to live in North Bay Village

Prior to 1940, most of what is now North Bay Village lay beneath the waters of Biscayne Bay. The only dry land was Broadcast Key, a five-acre island from which pioneer radio station WIOD began broadcasting in 1926. Today, television station WSVN-TV maintains its headquarters at this same site, now joined with Treasure Island. In 1940, dredging and bulk-heading created North Bay Island. By 1941, palm-lined streets had been laid out, and 12 homes had been built and occupied. Today, the Island has grown into a lush neighborhood of attractive single-family residences. During the mid 1940’s dredging and filling created Harbor Island and Treasure Island. Harbor Island is composed primarily of multi-family buildings. Treasure Island whose street name was drawn from Robert Louis Stevenson’s classic adventure novel Treasure Island, is a mixture of single family dwellings and multifamily dwellings. Treasure Island’s streets took their names from the novel too such as Cutlass, Buccaneer, Hispanola and even Pirate’s Alley. North Bay Village was incorporated in 1945. Harbor Island and Treasure Islands were annexed several years later. Broadcast Key, also known as Cameo Island, was annexed in 1963. During its early years, North Bay Village was primarily a haven for winter residents. The city became widely known for its popular restaurants and nightclubs, which attracted celebrities like Frank Sinatra and Judy Garland. Most of today’s residents live here year-round. North Bay Village continues to be home to several of South Florida’s most popular restaurants, as well as a variety of business enterprises, apartment buildings, condominiums and 376 single-family homes. via http://www.nbvillage.com

North Bay Village

North Bay Village Market Report

$1,227,368

AVERAGE PRICE OF 155 HOMES

$8,515,235

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$8,000,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$2,327,417

AVERAGE PRICE OF 18 HOMES WITH A POOL

$393,000

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $1,227,368
Avg Bedrooms 2.02 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $208,070
2 bedrooms $393,366
3 bedrooms $560,021
4 bedrooms $1,826,650
5 bedrooms $3,487,000
North Bay Village Home Price Trends
  10/2021 9/2021 8/2021 7/2021 6/2021
Total Listings 167 164 167 164 174
Average Price $1,117,131 $1,104,985 $1,078,310 $736,079 $830,620
Avg Price Change +1.10% +2.47% +46.49% -12.84% -53.86%
Median Price $345,660 $346,320 $345,646 $336,981 $335,294
Med Price Change -0.19% +0.19% +2.57% +0.50% +0.95%
Avg Bedrooms 2.01 beds 2.15 beds 2.14 beds 2.31 beds 2.45 beds
Avg Bathrooms 2.11 baths 2.22 baths 2.22 baths 2.23 baths 2.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Miami Beach 32 $440,543 87 days
Miami Jackson 1 $35,000 126 days
Miami Senior 1 $237,500 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 155 $1,227,368 149 days
Multi-Million Dollar Homes 17 $8,515,235 181 days
Newly Built Homes 1 $8,000,000 11 days
Homes with a Pool 18 $2,327,417 142 days
Reduced Price Homes 3 $393,000 34 days
Julie's Realty LLC
1700 79th Street Causeway, Suite 160
North Bay Village, FL 33141
305-751-6400

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