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Why Buy a Condo in North Bay Village?

North Bay Village is a chain of islands (North Bay Island, Harbor Island, and Treasure Island) located between Miami Beach and the mainland. Close to Normandy Isles, North Bay Village is linked with the other islands by the John F. Kennedy Causeway, which extends across Biscayne Bay from Miami proper to Miami Beach.

By Maryline Lacorre 15 Feb 2021

A three-island paradise

Historically, most of North Bay Village lay beneath the waters of Biscayne Bay—but in 1940, dredging and bulk-heading created the island as we know it today. One year later, palm-lined streets had been laid out and 12 homes had been built and occupied. During that same year, dredging and filling created Harbor Island and Treasure Island. Today, North Bay Island has grown into a lush neighborhood of attractive single-family residences while Harbor Island is composed primarily of multi-family buildings. Beautiful views of Biscayne Bay and a variety of restaurants and shops add to North Bay Village’s appeal. The real estate market of North Bay Village is positively stable. Indeed, according to the Q3 2020 report, the average sales price increased by 4.1% compared to 2019 and the number of days on the market had decreased significantly (132 days in 2020 compared to 203 in 2019). North Bay Village is an attractive market due to its location and the diversity of the properties available there.

Where to buy in North Bay Village?

- West and South Treasure Drive: This street is located on the south side of Treasure Island along the bay. Here you can find waterfront homes and enjoy stunning views of the bay and the Miami skyline.

- Adagio: Adagio is a 15-story waterfront residential building facing the wide bay. Built in 2008, the Adagio offers 15 two-story loft units with spectacular views of Biscayne Bay and resort-style amenities, including a bayfront swimming pool, a fitness center, and a sauna.

- Eloquence on the Bay: This boutique-style waterfront building features only 120 condo residences across 20 stories. Built in 2009, Eloquence on the Bay offers stunning views of Biscayne Bay with beautifully finished units and high-end amenities.

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