ISLAND PLACE AT NORTH BAY
Homes for Sale in North Bay Village, FL

ISLAND PLACE AT NORTH BAY market snapshot (as of July 20, 2026): the median sale price is about $235K ($286 per sq ft over the trailing 12 months of closed sales), and a median 82 days on market for closed sales. The trailing-12-month median is down 1% from the prior 12 months, computed from record-level miami closed sales (4 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.

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.

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.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.