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Bunny Hart
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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

$760,413

AVERAGE PRICE OF 246 HOMES

$255,155

AVERAGE PRICE OF 9 DISTRESSED HOMES

$5,780,503

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$3,096,779

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$2,210,000

AVERAGE PRICE OF 5 HOMES WITH A POOL

$511,901

AVERAGE PRICE OF 117 REDUCED PRICE HOMES

Average Home

Average Price $760,413
Avg Bedrooms 2.01 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

1 bedroom $195,434
2 bedrooms $356,516
3 bedrooms $681,958
4 bedrooms $1,511,249
5 bedrooms $1,558,779
North Bay Village Home Price Trends
  7/2018 6/2018 5/2018 4/2018 3/2018
Total Listings 256 262 269 n/a 279
Average Price $749,848 $732,322 $696,018 n/a $540,049
Avg Price Change +2.39% +5.22% n/a n/a -2.14%
Median Price $347,530 $344,884 $340,631 n/a $335,848
Med Price Change +0.77% +1.25% n/a n/a -0.51%
Avg Bedrooms 2.03 beds 2.04 beds 2.01 beds n/a 2 beds
Avg Bathrooms 2.1 baths 2.09 baths 2.06 baths n/a 2.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Miami Beach 26 $447,676 155 days
Miami Senior 1 $625,000 25 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 246 $760,413 166 days
Distressed Homes 9 $255,155 135 days
Multi-Million Dollar Homes 19 $5,780,503 209 days
Newly Built Homes 2 $3,096,779 286 days
Homes with a Pool 5 $2,210,000 169 days
Reduced Price Homes 117 $511,901 203 days

School Data

Highly Rated North Bay Village Schools

9

ACREAGE PINES ELEMENTARY SCHOOL
Elementary School
Public

Julie's Realty LLC
Julie Sidorevskaya
1700 Kennedy Causeway #160 North Bay Village, FL 33141
305-340-1857

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.