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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

$755,609

AVERAGE PRICE OF 255 HOMES

$362,228

AVERAGE PRICE OF 7 DISTRESSED HOMES

$5,252,478

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$25,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$1,745,113

AVERAGE PRICE OF 24 HOMES WITH A POOL

$747,112

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $755,609
Avg Bedrooms 1.96 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $203,065
2 bedrooms $339,550
3 bedrooms $715,417
4 bedrooms $1,032,850
5 bedrooms $1,365,583
North Bay Village Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 251 237 231 252 251
Average Price $731,591 $734,635 $736,190 $752,324 $723,209
Avg Price Change -0.42% -0.21% -2.19% +4.03% +2.69%
Median Price $318,463 $320,065 $318,775 $318,660 $315,672
Med Price Change -0.50% +0.40% +0.04% +0.95% -1.78%
Avg Bedrooms 1.92 beds 1.9 beds 1.92 beds 1.95 beds 1.94 beds
Avg Bathrooms 2.01 baths 1.99 baths 1.99 baths 2.03 baths 2.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Coral Glades High 1 $328,000 8 days
Miami Beach 37 $504,218 131 days
Robert Morgan Edu Ctr 1 $370,000 33 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 255 $755,609 139 days
Distressed Homes 7 $362,228 143 days
Multi-Million Dollar Homes 22 $5,252,478 154 days
Newly Built Homes 1 $25,000 27 days
Homes with a Pool 24 $1,745,113 143 days
Reduced Price Homes 8 $747,112 101 days

School Data

Highly Rated North Bay Village Schools

10

BAYVIEW ELEMENTARY SCHOOL
Elementary School
Public

9

AIR BASE ELEMENTARY SCHOOL
Middle School
Public

Julie's Realty LLC
1700 79th Street Causeway, Suite 160
North Bay Village, FL 33141
305-751-6400

The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare © 2018 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
© 2020 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.7/10/2020 9:55 AM CST