Island Place at North Bay
Condos for Sale in North Bay Village, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of September 2026, Island Place at North Bay in North Bay Village, FL has 7 homes for sale, asking from $170,000 to $380,000 (median $232,900). Over the 12 months ending 2026-09-12, 6 recorded sales closed at a median of $235,000, $288 per square foot, a median 90 days on market, sellers accepting 91% of original asking (+2% versus the prior year). Homes listed or recently sold were built 1966–1966; 7 of 7 report an HOA (median $841/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $4,130 ($3,420 with the full homestead exemption).
Homes For Sale Right Now in Island Place at North Bay
Live MLS inventory for Island Place at North Bay. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Island Place at North Bay listings as of 2026-09-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Tap any home to ask about it.
Island Place at North Bay is pricing around a $235,000 median, with a per-square-foot figure near $285.86 — a combination that points to a smaller-footprint, condo-style product rather than larger single-family stock. With only four closings in the current window, that median should be read as a snapshot of a thin market, not a statistically deep trend line.
Median days on market sits at 82, and year-over-year pricing is essentially flat, down 0.8 percent. Combined with a market heat score of 48, this reads as a balanced-to-soft market: sellers should price realistically and expect a longer marketing period, and buyers have room to negotiate on condition and terms rather than compete on multiple offers.
Island Place at North Bay right now
🟡 Still climbing. The trailing-12-month median ($235K) is up 2.2% from the prior 12 months ($230K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Low (6 and 5 sales in the two windows).
What's unique here: the median sale price is about 58% below the typical Miami-Dade County sale ($235K vs $555K, trailing 12 months, MIAMI MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Island Place at North Bay market snapshot (as of September 12, 2026): the median sale price is about $235K ($288 per sq ft over the trailing 12 months of closed sales), and a median 90 days on market for closed sales. The trailing-12-month median is up 2% from the prior 12 months, computed from record-level MIAMI MLS closed sales (6 closings in the current window).
Pricing here is condition- and unit-driven rather than tied to a published amenity package — current MLS listings show no community amenities identified, so value comes down to the individual home, its finish level, and its position within the building or complex.
The setting & the homes.
Aerial and on-site photos of Island Place at North Bay. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Island Place at North Bay
Island Place at North Bay
Island Place at North Bay
Island Place at North Bay
Island Place at North Bay
Island Place at North Bay
Island Place at North BayPhotos from MIAMI MLS listings in Island Place at North Bay; content deemed reliable but not guaranteed.
Who Island Place at North Bay is best for.
Best for
- Buyers targeting a purchase near the $235,000 median who want room to negotiate rather than compete.
- Buyers comfortable evaluating a unit on its own condition and finish level rather than a marketed amenity list.
- Sellers who can price to current comparables and accept a marketing period in the range of the current 82-day median.
Probably not for
- Buyers who want a guaranteed fast close in a low days-on-market market.
- Buyers specifically shopping for a community with an active, defined amenity package.
- Sellers expecting a bidding-war pace given the current 48 market heat score and flat year-over-year pricing.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($235K) IS the median in the snapshot above, and the move from 2025 ($230K) IS the +2.2% one-year change.
Windows contain 1 to 16 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
ISLAND PLACE AT NORTH BAY Market Scorecard
ISLAND PLACE AT NORTH BAY is currently a thin data market. Limited supply, a median asking price of $232,900, and homes go under contract in about 175 days.
Typical home value in the 33141 ZIP is $429,203, about 33.5% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
The Island Place at North Bay buying strategy.
If we were buying in Island Place at North Bay today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Island Place at North Bay.
What the numbers are actually saying
A $235,000 median paired with an 82-day median days-on-market tells a straightforward story: this is not a market where homes move quickly on price alone. Buyers are taking their time, which usually means inspection findings, association details, and unit condition are getting real scrutiny before an offer comes together.
The four-closing window is small enough that any single sale can move the median meaningfully in either direction next quarter. Treat the current figures as directional rather than final, and expect a comparable-sales conversation with your agent before setting a list or offer price — this is a market where the specific unit matters more than the neighborhood average.
The location and the amenities are priced into every listing in Island Place at North Bay. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market with only a handful of recent closings and a flat-to-slightly-down year-over-year trend, pricing precision matters more than usual. We pull the actual comparables behind the median, not just the headline number, so sellers do not underprice a well-kept unit and buyers do not overpay because the sample size looks thin.
Island Place at North Bay in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Island Place at North Bay buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Island Place at North Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Island Place at North Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Island Place at North Bay home worth?
Get a no-obligation home value based on real comparable sales in Island Place at North Bay, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Island Place at North Bay on the map →
Frequently Asked Questions
What is the median home price in Island Place at North Bay?
How long do homes in Island Place at North Bay take to sell?
Who is the best real estate agent for Island Place at North Bay?
How do I find a top North Bay Village real estate agent who knows Island Place at North Bay?
Can Momentum Realty connect me with an agent for Island Place at North Bay?
Should you buy in Island Place at North Bay?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Island Place at North Bay with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2018 (72 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how ISLAND PLACE AT NORTH BAY fits the bigger picture — live prices, inventory, and Momentum Scores: