Waterfront modern building located in the Heart of the Miami 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. Amidst a wave of development, including a Ritz Carlton Residences coming next door, North Bay Village is emerging as one of the most desirable locations in Miami-Dade, ideally positioned between Miami and Miami Beach. Property features all floor-to-ceiling windows, 20 foot ceilings in each residence, with spectacular water views in each unit. 34-space covered parking spaces and two elevators. The building offers investor flexibility, allowing to lease the units immediately, and sell off individually at any time as the area is appreciating by the day!
The median home value in North Bay Village, FL is $512,500. This is higher than the county median home value of $463,600. The national median home value is $338,100. The average price of homes sold in North Bay Village, FL is $512,500. Approximately 28.49% of North Bay Village homes are owned, compared to 50.78% rented, while 20.72% are vacant. North Bay Village real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Bay Village real estate agent to arrange a tour today!
North Bay Village, Florida has a population of 8,057. North Bay Village is more family-centric than the surrounding county with 29.49% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in North Bay Village, Florida is $65,857. The median household income for the surrounding county is $57,815 compared to the national median of $69,021. The median age of people living in North Bay Village is 40.7 years.
The average high temperature in July is 89.6 degrees, with an average low temperature in January of 59 degrees. The average rainfall is approximately 59 inches per year, with 0 inches of snow per year.