North Bay Road is considered to be one of the most desirable and exclusive areas in all of Miami Beach and Miami, because of the privacy, open wide bay views and large lot sizes. It is situated on the road just west of Alton Road in Miami Beach and is not a major thoroughfare, so it is quiet and peaceful.
There are currently 31 homes for sale on North Bay Road in Miami Beach. 15 of these are waterfront homes. Most of the waterfront homes have open wide bay views. They range in price from $3.495 million to $19.9 million. The waterfront homes are on lot sizes starting at 15,000 square feet up to almost an acre. House sizes typically start at 5,000 square feet. Prices per square foot average over $1,000.
In 2008, 11 homes on North Bay Road have sold year-to-date. Five of them are waterfront homes. Compare this to last year when 13 homes sold for all of 2007.

True Open Wide Bay View of Biscayne Bay and Miami from North Bay Road Home

$19.9 million for 8 bedrooms/9 baths (13,000 sf) on a 26,000 sf lot

The view from the house

3/3 house on a 5,400 sf lot for just under $4 million. Least expensive house with wide bay view.

7 bedrooms/9 baths (15,000 sf) on a 38,000 sf lot for $16.9 million

7 bedrooms/5 baths (6,068 sf) on a 12,759 sf Lot for $6.9 million
Note that the information here is based on recent data from the southeast Florida MLS so it is subject to change based on market conditions and activity. Much of the information is input by real estate agents, so the accuracy cannot be guaranteed.
For more information about homes for sale on North Bay Road in Miami Beach, or other real estate in South Beach, Miami and Miami Beach or the surrounding areas, please contact us at 786.553.0697, or email us. Visit our award winning website at www.HomesForVIPs.com. We are here to help you learn more about the different areas and to assist you in buying, selling or investing here in South Florida. As licensed Florida real estate agents, we are also certified as e-PROs and International Real Estate Specialists. We speak English, Spanish, Portuguese and French.
Michael, what a spectacular home. That certainly would be a nice sale, and it looks as if sales are up from 2007. Great information. ;-)