North Bay Village
North Bay Village
Pros & Cons
Top 3 Things To Do
Median Price
The Location
Day & Nightlife
Walk Score
Comparable Neighborhoods
Demographics
North Bay Village
Description of the Neighborhood:
North Bay Island, located within North Bay Village is a secluded, gated and private picturesque neighborhood known for its waterfront properties, lush landscapes, and a serene atmospher.
Pros & Cons
PROS:
Breathtaking Views:
Residents enjoy panoramic views of the Miami skyline, Biscayne Bay, and the Atlantic Ocean, creating a picturesque and dynamic setting.
Waterfront Lifestyle:
With direct access to the bay, North Bay Village provides opportunities for boating, fishing, and waterside recreation.
Central Location:
The neighborhood’s strategic location offers proximity to both Miami Beach and the mainland, providing easy access to urban amenities.
CONS:
Traffic Congestion:
Like many Miami neighborhoods, traffic congestion during peak hours can be a challenge, especially on the causeway connecting the islands to the mainland.
Top 3 Things To Do
Top 3 things to do in the area:
Waterfront Dining:
Explore the diverse waterfront restaurants and cafes, offering a range of culinary experiences with stunning views.
Outdoor Recreation:
Engage in outdoor activities at parks and marinas, taking advantage of the beautiful surroundings for exercise and relaxation.
Nightlife Excursions:
Experience the vibrant nightlife on the islands or venture to nearby Miami Beach for an eclectic mix of bars, clubs, and entertainment.
Best time of the year to visit:
The winter and spring months, from November to April, provide pleasant weather for outdoor activities and showcase the neighborhood’s beauty.
Median Price
Median Residential Rent:
Rental options in North Bay Village vary, with apartments ranging from $1,800 to $5,000 per month, depending on size and amenities.
Median Residential Sale:
Residential properties for sale in North Bay Village have a median price range of $300,000 to $1.5 million, with waterfront condos commanding premium values.
Median Commercial Rent:
Commercial rental rates in North Bay Village may range from $20 to $50 per square foot, depending on the location and size of the space.
Median Commercial Sale:
Commercial properties for sale in North Bay Village, if available, can vary widely but may range from $500,000 to $5 million, depending on factors such as size and waterfront access.
Data as of 12/2023 researched by RealFeed Research Department.
The Location
Location Summary:
North Bay Village’s central location provides convenient access to both Miami and Miami Beach, making it an attractive option for those seeking a balanced urban-suburban lifestyle.
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Day & Nightlife
What’s Happening?..
The neighborhood offers a mix of daytime relaxation and vibrant nightlife, with nearby options in Miami Beach and the mainland.
Walk Score
The most walkable place in Miami.
Somewhat Walkable
Comparable Neighborhoods
Comparable areas are;
Similar to North Bay Island, areas like Belle Isle and Venetian Islands share characteristics with North Bay Village, offering waterfront living and proximity to urban amenities.
Similar Areas
Demographics
North Bay Village attracts a diverse community, including professionals, young couples, and those drawn to the unique island lifestyle.
