North Bay Village, FL, is a vibrant and attractive waterfront neighborhood that offers a one-of-a-kind lifestyle while being conveniently located near Miami and Miami Beach. Whether you're looking for a rental, thinking about relocating, or looking into investment options, North Bay Village offers the best of both worlds—suburban tranquility combined with the excitement of Miami's thriving cultural and business communities.
A magnificent waterfront property offering panoramic views, where the lush palm trees meet the serene waters, providing the perfect setting for relaxation.
Discover what sets this vibrant community apart from the rest, from its prime location to its unique charm.
North Bay Village consists of three islands: North Bay Island, Treasure Island, and Harbor Island, each with its own distinct beauty. The town is a combination of residential neighborhoods and gorgeous landscapes, with modern condominiums, comfortable apartments, and single-family houses. Its small-town atmosphere is complemented by its proximity to Miami's hectic city life and the opulent attractions of Miami Beach. The location appeals to both young workers and seniors looking for a calm yet connected place to live.
North Bay Village residents enjoy breathtaking coastline views, ranging from the peaceful waters of Biscayne Bay to the picturesque Miami skyline. The beachfront villas here provide not only stunning views but also easy access to boating, fishing, and water sports. Whether you're looking for a relaxing hideaway or an active lifestyle, living by the ocean at North Bay Village offers an unforgettable experience.
The region now known as North Bay Village has a rich history and an intriguing past. Before the 1940s, much of the land was underwater in Biscayne Bay. The only dry ground available at the time was Broadcast Key, a 5-acre island where the pioneering radio station WIOD began broadcasting in 1926. Today, the location houses the headquarters of television station WSVN-TV and is now part of Treasure Island. North Bay Island was developed in 1940 by dredging and bulkheading activities, and by 1941, the first palm-lined roadways had been planned out, with twelve homes constructed and occupied. Since then, the island has grown into a flourishing, verdant neighborhood dotted with lovely single-family houses and upscale condominiums.
Here are key tips for securing the best properties for rent in this desirable location.
A modern and luxurious high-rise in North Bay Village, with sleek architecture and impressive amenities, offering residents both comfort and stunning views of the water and city skyline.
North Bay Village offers a wide variety of lease choices to fit different lifestyles and budgets. From spacious luxury apartments in high-rise buildings to smaller units in low-rise buildings, the area has something for everyone. Most apartments offer modern amenities, such as pools, fitness centers, and seaside views. Whether you prefer a cozy one-bedroom or a multi-bedroom family home, North Bay Village's rental market has plenty to choose from.
The lease prices in North Bay Village vary significantly depending on the property type and location. Smaller apartments, such as studios and one-bedrooms, are more affordable, but larger units in luxury buildings with water views come at a premium. For example, a one-bedroom with water views can easily reach $3,000+ per month, while larger two-bedroom or three-bedroom units with expansive views can exceed $4,500. It's important to consider the floor plan and the amenities that come with each unit, like updated kitchens, balconies, and access to private beach areas, as they can significantly impact the overall value.
When looking for a lease in North Bay Village, it's critical to set a clear budget and prioritize your needs. If you value amazing sea views and access to the water, you may need to spend a larger budget for those amenities. Working with a local real estate agent can help you speed the process by providing insights into available listings, negotiating tips, and navigating competitive lease seasons. Be prepared to act quickly if you locate a house that matches your requirements, especially since demand in North Bay Village can be high at times of the year.
Understanding the expenses involved in residing here will help you plan your budget effectively.
A spacious, beautifully designed interior with expansive windows that allow you to enjoy breathtaking views of the water and the Miami skyline.
Rental prices in North Bay Village are relatively affordable compared to other coastal communities in Miami, with variants that suit a range of budgets. On average, you can expect to pay $2,051 for a studio, $2,319 for a 1-bedroom apartment, and $3,269 for a 2-bedroom unit. If you're looking for more space, 3-bedroom apartments typically start at around $4,600. The area offers a variety of rental properties, from modern waterside condos with breathtaking views of Biscayne Bay to more budget-friendly options just a few blocks away from the water. For those looking for a long-term rental or a vacation home, North Bay Village offers competitive pricing compared to Miami Beach, making it an attractive choice.
The cost of living in North Bay Village, Florida, is 25% higher than the national average. This includes various expenses like housing, utilities, commuting, and groceries, which reflect the area's desirable location and lifestyle. Here are the key expenses to consider:
Utilities: Utility prices are generally 4% higher than the national average, impacting monthly bills, including energy and water costs.
Transportation: These expenses, including gas and commute fares, are 1% higher than the national average.
Gas: $3.43 per gallon
Public Transport: Buses connect to Miami's Metrorail system.
Groceries: Grocery prices in North Bay Village are 7% higher than the national average. For example:
Loaf of Bread: $4.24
Gallon of Milk: $4.99
Carton of Eggs: $3.70
Hamburger: $5.91
Phone and Energy Bills. These utility expenses are higher due to the location's proximity to the coast and climate.
Phone Bill: $201.28/month
Energy Bill: $208.07/month
When considering living in North Bay Village, it's important to account for these additional expenditures to create a comprehensive budget. While housing and groceries may be more expensive than the national average, the area's prime location with waterfront access and amenities justifies the expenses.
North Bay Village provides a less expensive alternative to the surrounding luxury areas of Miami Beach and downtown Miami. Rents in North Bay Village are typically 20-30% lower than in Miami Beach for comparable-sized units, making it a fantastic value for seaside living. Miami Beach, known for its high-end houses, typically has inflated rent prices, whereas North Bay Village strikes a balance between affordability and luxury. Furthermore, North Bay Village homeowners have easy access to both Miami's bustling city life and the spectacular beaches of Miami Beach, making it an ideal alternative for those looking for a blend of convenience and tranquility.
Explore the different commuting methods available to make getting around convenient and stress-free.
This elegant building in North Bay Village showcases a stunning entrance with contemporary design and luxurious finishes, promising a comfortable and upscale living experience.
The Kennedy Causeway is the main bridge that connects North Bay Village to Miami and the Miami coastline, making commuting to either location quick and easy. This central highway is ideal for those working in the city or seeking to enjoy the attractions of the beachfront district. Traffic can be heavy during peak hours, but the commute is typically manageable.
Public transportation services in North Bay Village include buses that connect to the Metrorail system, offering access to the wider Miami-Dade district. While public transit is reliable, many residents prefer driving due to the village's smaller size and proximity to major roads. Biking and walking are also popular modes of transport for those residing in the heart of North Bay Village.
The location of North Bay Village is one of its major selling points—it provides easy access to both downtown Miami and the Miami coastline. Whether you're commuting for work or leisure, you're just minutes away from Miami's downtown or the beautiful beaches and attractions of the Miami shoreline.
One of the best aspects of residing in North Bay Village is the easy access to spectacular seaside views, deep-sea fishing, and charter services. Pelican Harbor Marina, managed by Miami-Dade County and located on Biscayne Bay, is a popular destination in the area for launching various maritime activities.
And for those seeking a peaceful boating experience, the views from the water are breathtaking. As you navigate the bay, the city's skyline seems to rise directly from the ocean—a sight not to be missed by both locals and visitors alike.
Discover educational opportunities to ensure quality learning for families in the area.
A vibrant and spacious campus with scenic views, featuring expansive green areas, playgrounds, and modern facilities, creating an ideal environment for young learners.
Treasure Island Elementary School, located in North Bay Village, FL, serves grades PK-5 with 399 students. The school has a student-teacher ratio of 15:1, which is better than the district's average. 62% of students are proficient in math, and 52% are proficient in reading. With 87% minority enrollment and 59% economically disadvantaged students, the school is ranked #707 in Florida and #153 in Miami-Dade County. Treasure Island performs better than both the district and state averages in math.
Discover other educational facilities within easy reach of North Bay Village.
Pardes Day School (PK-5): Located just 5 minutes away, Pardes Day School is a private Jewish institution that provides a nurturing environment where students excel in both general and Judaic studies. The center uses a hands-on approach tailored to students' individual learning styles, preparing them for future academic success.
Phyllis Ruth Miller Elementary (PK-5): This academic establishment, a 7-minute drive from the village, serves grades PK-5. Phyllis Ruth Miller Elementary focuses on offering a rigorous curriculum, fostering creativity, and developing responsible citizens who are also lifelong learners.
Biscayne Beach Elementary School (PK-5): Only 8 minutes away, Biscayne Beach Elementary is notable for its diversity and emphasis on inclusion. The institute provides extracurricular programs like robotics and ballet while maintaining a student-teacher ratio of 15:1 to assure individual attention.
The French American School of Miami (PK-5): Located 10 minutes away, this private center offers French-English immersion, providing students with a multicultural education. The institution offers high academic standards in subjects like art, music, and science, ensuring students are prepared for success in a global society.
Papillon Montessori (PK-8): Papillon Montessori, located 10 minutes from the area, follows Dr. Maria Montessori's educational approach, fostering independent thinking and self-discipline in students. It provides a nurturing environment where students develop into lifelong learners and compassionate individuals.
Mater Academy Miami Beach (K-8): This charter school, a 10-minute drive away, provides tuition-free education with a focus on academic performance, technology, and community service. Mater Academy teaches students to have a good influence and equips them with the tools they need to prosper in a global society.
The Cushman School (PK-12): Located 10 minutes away, it caters to students from PK through 12th grade. It provides personalized learning that emphasizes creativity, leadership, and character development, ensuring students reach their full potential.
Morningside K-8 Academy (PK-8): This educational facility provides a rigorous curriculum in a supportive, inclusive environment. It is located nearby and is committed to building a culture of respect, excellence, and academic success.
American Worldwide Academy (9-12): This private Christian institution, just 8 minutes away, offers high-quality secondary education. American Worldwide Academy nurtures students' individuality, striving for academic excellence and personal growth with a student-teacher ratio of 15:1.
Several community initiatives strive to improve the lives of children and families in the region. One of them is NBV Kids, which provides a variety of exciting activities and events for the younger residents and their families. Many of these programs are free and run throughout the year.
After School Athletics: Held on Tuesdays and Thursdays from 3:30 to 5:00 pm at Vogel Park, these sessions provide a fun way for kids to stay active after school.
Skills Camps: Available for children ages 5 to 11, these camps focus on building athletic skills, with programs like Basketball Skills Camp hosted at Treasure Island Elementary School in the winter and spring.
Summer Camp: Running from June to August, this camp welcomes children ages 5 to 12 for a variety of outdoor games, field trips, and themed weeks.
Monthly Activities: Family-friendly activities, such as movie nights, neighborhood bike rides, and safety events, are planned each month. Be sure to check out the area's calendar for updates.
These initiatives provide a valuable opportunity for children to develop new skills, stay active, and foster friendships within the community.
Stay informed about the current trends and future outlook for real estate in this sought-after location.
This peaceful walkway by the water invites you to take a stroll, enjoy the lush surroundings, and take in the beauty of the marina and city skyline in the distance.
The housing sector in this region provides a diverse selection of properties, with 441 homes currently listed for sale, priced from $2K to $27M. As of November 2024, the median listing price for homes is $475K, remaining steady compared to the previous year, with a median price per square foot of $462. The median sold price is $650K, and homes are typically selling for 7.43% below the asking price. North Bay Village is currently considered a buyer's sector, where the supply of homes exceeds demand. On average, properties are staying on the listings for 79 days, which represents a slight increase from last month but a decrease compared to the previous year. Additionally, there are 472 leasing opportunities in the vicinity, with prices ranging from $1.1K to $75K per month. For those interested in exploring further possibilities, the local housing scene also presents chances in open houses, price reductions, foreclosures, and new developments.
North Bay Village is undergoing a significant transformation, with nearly $2 billion in new development projects underway. Historically overlooked, this neighborhood is now attracting developers with its prime location between Miami and Miami Beach. Key projects include luxury residences like Shoma Bay Residences, Continuum Club Miami, and Pagani Residences. These developments promise to reshape the skyline, offering modern amenities and stunning views of the bay. In addition to residential projects, the city is expanding its civic infrastructure, with plans for a new Town Hall and community center set to enhance the area's appeal. These developments offer excellent potential for both homebuyers and investors looking to capitalize on the area's growth.
The ongoing and upcoming development projects in North Bay Village are expected to significantly boost property values. With a range of luxury residential projects and commercial spaces, this island community is becoming an increasingly desirable location. Developers are focusing on eco-friendly, sustainable designs, ensuring that the community's growth is both modern and environmentally responsible. As more upscale properties become available, demand is set to rise, leading to higher property values and greater investment opportunities.
Shoma Bay, a magnificent condominium set amid Biscayne Bay's calm shoreline, offers the ideal balance of peacefulness and urban energy. This magnificent property, which includes a sleek 24-story residential tower and a low-rise building with a store and restaurant, embodies the essence of modern life. Shoma Bay, designed by MSA Architects with an Art Deco exterior, provides a calm getaway while still being close to the excitement of Miami.
At Shoma Bay, every amenity is an invitation to unwind and embrace life's finer moments. Picture yourself lounging at the pool deck, where cabanas and a summer kitchen beckon for afternoons of relaxation. The pet playground offers a joyful space for your furry friends, while the children's club keeps the young ones entertained. Whether you're immersed in the peaceful Zen garden with its golf lawn or finding balance in the yoga and Pilates studio, every corner of this community is designed to nourish your well-being. The wine lounge and cigar room set the stage for quiet evenings, while the cinema and game zones promise plenty of entertainment. Shoma Bay isn't just a place to live but a sanctuary to savor life's simple pleasures.
NBV provides a perfect balance of peaceful surroundings and proximity to the vibrant energy of Miami. Whether you're looking to rent, purchase, or invest, there are various choices available to fit different preferences, all while enjoying the best of coastal views and activities.
8,057 people live in North Bay Village, where the median age is 40.7 and the average individual income is $37,564. Data provided by the U.S. Census Bureau.
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There's plenty to do around North Bay Village, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.
Explore popular things to do in the area, including Just Juice MIA, Aqua Fit, and Renegade Pilates.
| Name | Category | Distance | Reviews |
Ratings by
Yelp
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| Dining | 3.87 miles | 12 reviews | 5/5 stars | |
| Active | 0.46 miles | 28 reviews | 5/5 stars | |
| Active | 1.96 miles | 17 reviews | 5/5 stars | |
| Active | 4.91 miles | 15 reviews | 5/5 stars | |
| Beauty | 3.89 miles | 38 reviews | 5/5 stars | |
| Beauty | 4.4 miles | 7 reviews | 5/5 stars | |
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North Bay Village has 3,336 households, with an average household size of 2.37. Data provided by the U.S. Census Bureau. Here’s what the people living in North Bay Village do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 8,057 people call North Bay Village home. The population density is 21,791.69 and the largest age group is Data provided by the U.S. Census Bureau.
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