Waterfront Community · North Bay Village, FL
The Lexi North Bay Village, FL Homes For Sale & Real Estate
The Lexi, North Bay Village, FL, is a waterfront community in Miami-Dade County with 5 homes for sale right now. The Lexi Condo is a waterfront community in North Bay Village, Miami-Dade County, Florida.
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Market Overview
The Lexi real estate market
There are 5 active listings for sale in The Lexi right now. The median list price is $750,000, or about $447 per square foot. Listings span $729,000 to $825,000, so there is inventory across most budgets. Homes are averaging 100 days on market. These figures update from the MLS as the market moves.
The Lexi Market Stats
MLS data updated October 1, 2026- Active Listings
- 5
- Median List Price
- $750,000
- Median $/Sq Ft
- $447
- Avg Days on Market
- 100
- Price Range
- $729,000 to $825,000
Frequently Asked Questions
- How many homes are for sale in The Lexi?
- There are 5 active listings for sale in The Lexi right now, and these counts update from the MLS as homes come on the market and go under contract. Prices sit in a narrow band here, so homes in The Lexi tend to compete directly with each other. Ask us to set up a search alert and you will see new The Lexi listings the day they reach the market.
- What is the median home price in The Lexi?
- The median list price in The Lexi is $750,000, or roughly $447 per square foot. The median is the midpoint of what is currently listed, so about half of The Lexi homes ask more and half ask less, within a broader range of $729,000 to $825,000. The median sits in the lower part of that range, so most The Lexi homes are nearer the entry level and a few high-end listings pull the top up. We can pull recent comparable sales to price a specific home more precisely.
- What price range do homes in The Lexi cover?
- Homes for sale in The Lexi currently range from about $729,000 at the entry level to $825,000 at the top of the market. That spread reflects unit size, floor, and finish level across the condos and townhomes here, with the median list price around $750,000. The spread is tight, which usually points to a consistent housing stock rather than a mix of sizes and eras. Tell us your budget and must-haves and we will send the The Lexi listings that actually fit.
- How long do homes take to sell in The Lexi?
- Homes in The Lexi are averaging 100 days on market, measured from the day a listing goes live to the day it goes under contract. That is a measured pace, which usually leaves buyers room to negotiate and makes pricing at the outset matter more for sellers. Days on market in The Lexi also shift with the season and with how a home is priced, so a sharply priced listing can still sell well ahead of the average.
- Are there waterfront homes in The Lexi?
- Yes. The Lexi includes waterfront homes with canal, lake, or Intracoastal frontage.
About The Lexi
The Lexi, North Bay Village, FL, is a waterfront community in Miami-Dade County with 5 homes for sale right now. The Lexi Condo is a waterfront community in North Bay Village, Miami-Dade County, Florida. Active listings are priced from $625,000 to $770,000. Homes were built starting 2007. Pure Equity lists homes in The Lexi and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
Homes & Architecture
Homes for sale in The Lexi
Homes for sale in The Lexi offer 2 to 3 bedrooms and 2 to 3 baths. Floor plans span roughly 1,458 to 1,753 square feet. The mix here includes condo homes. Current prices run from $729,000 to $825,000.
Schools
Schools near The Lexi
Homes for sale in The Lexi are typically zoned for the North Bay Village public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Miami-Dade school district before you buy.
- Elementary School
- Treasure Island
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
HOA
The Lexi HOA fees
- Median HOA fee
- $1,659/mo
- Typical range
- $1,602 to $1,659
- Lowest to highest
- $1,330 to $1,676
- Listings with a fee
- 5 of 5
Across the 5 homes for sale in The Lexi that list an HOA fee, the median is $1,659 a month. Half of them fall between $1,602 and $1,659. Fees quoted quarterly or yearly are converted to a monthly figure so they compare directly.
The fee most often covers cable TV, building insurance, pool upkeep, trash pickup, water and common areas. Coverage differs from one building or section to the next, so read what a specific listing includes before comparing it with another.
Listings here most often mention billiard room, elevators, fitness center, parking, pool and bike storage.
All 5 listings that state a pet policy allow pets, some with size or number limits.
From current MLS listings in The Lexi; the figures change as homes come and go. Confirm the fee, any special assessments and the association's rules with the HOA before you buy.
Recent Sales
Recently sold homes in The Lexi
These are the last 6 recorded closings in The Lexi, with the price each home actually sold for rather than what it was listed at. They closed at a median of $394 per square foot. The most recent closed on August 21, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$520,000
Sold · August 21, 2026
7901 Hispanola Avenue 807
2 bed · 2 bath · 1,735 sqft · $300/sqft
$79,000 under the asking price
Sold$760,000
Sold · July 17, 2026
7901 Hispanola Avenue 902
2 bed · 2.5 bath · 1,753 sqft · $434/sqft
$35,000 under the asking price
Sold$575,000
Sold · April 28, 2026
7901 Hispanola Avenue 2003
2 bed · 2 bath · 1,458 sqft · $394/sqft
$24,900 under the asking price
Sold$565,000
Sold · March 9, 2026
7901 Hispanola Avenue 804
2 bed · 2 bath · 1,458 sqft · $388/sqft
$30,000 under the asking price
Sold$717,000
Sold · February 24, 2026
7901 Hispanola Avenue 608
2 bed · 2 bath · 1,735 sqft · $413/sqft
$22,000 under the asking price
Sold$550,000
Sold · November 18, 2025
7901 Hispanola Avenue 1609
2 bed · 2 bath · 1,458 sqft · $377/sqft
$24,900 under the asking price
See every recorded sale in The Lexi or find out what your The Lexi home is worth.
Market & Value
The Lexi market and home values
The The Lexi real estate market reads best through the community's own recent activity, not a county-wide average. The median list price in The Lexi is around $750,000, or roughly $447 per square foot. That sits about 25% above the Miami-Dade County median, which shows where The Lexi lands in the local market. Recent asking prices have run from $729,000 to $825,000, so the home you choose within The Lexi matters as much as the community average. Homes here have recently taken about 100 days to go under contract, a useful gauge of how quickly the The Lexi market is moving. For pricing an offer or a listing, comparable sales within The Lexi carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in The Lexi so you work from real numbers, not an estimate.
How It Compares
The Lexi compared to nearby North Bay Village communities
The Lexi sits 3 of 7 on median price among these North Bay Village communities. Price per square foot is the fairer comparison between communities, because it adjusts for the fact that one neighborhood builds bigger homes than another. Days on market shows how quickly each one is actually selling.
| Community | Homes | Median | $/Sq Ft | Days |
|---|---|---|---|---|
| Treasure Island | 13 | $5,245,000 | $1,335 | 150 |
| Eloquence On The Bay | 13 | $850,000 | $626 | 121 |
| The Lexi this page | 5 | $750,000 | $447 | 100 |
| The Grandview Palace | 39 | $454,500 | $442 | 221 |
| Kennedy House | 18 | $257,000 | $277 | 178 |
| Bayshore Yacht & Tennis C | 22 | $234,500 | $447 | 301 |
| North Bay Villas | 11 | $225,000 | $296 | 112 |
Medians come from active listings in each community and move as inventory turns over. They describe the homes currently for sale, not what any one home is worth.
Who It Suits
Is The Lexi right for you?
It helps to know who The Lexi tends to suit before you tour. The Lexi appeals to boaters and buyers who want to be on the water, whether a canal, lake, or the Intracoastal. Waterfront homes carry their own insurance and maintenance considerations, so factor wind and flood coverage into the budget from the start. On price, The Lexi sits in the upper tier, drawing buyers who want more space, newer construction, or a stronger location. Whether The Lexi is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Living in The Lexi
Waterfront homes here offer canal, lake, or Intracoastal frontage, and some sites include private dockage.
Location
The Lexi location
The Lexi is located in North Bay Village, part of Miami-Dade County, Florida. The North Bay Village area's shopping, dining, schools, and parks are all nearby, and the region's job centers, beaches, and airports are within driving distance.
Buying in The Lexi
Buying a home in The Lexi
The buying process in The Lexi is the one used across Miami-Dade County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Miami-Dade County is about $3,516. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows North Bay Village means you see new listings in The Lexi the day they reach the market.
Selling in The Lexi
Selling a home in The Lexi
Selling a home in The Lexi starts with pricing it correctly for current conditions. List prices in The Lexi currently center around $750,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for The Lexi owners in North Bay Village, so you can see what your property could sell for before you commit to listing.
Thinking of Selling?
What is your The Lexi home worth?
Online estimates miss what makes a home different. Tell us about yours and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in The Lexi.
Listing agents and seller representation in The Lexi
Thinking about selling in The Lexi? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.
Conditions in The Lexi sit close to balanced, which rewards sellers who price against real closed sales instead of neighboring asking prices. Homes here are averaging about 100 days from listing to accepted offer, so build that into your moving timeline.
Community-level detail matters most here. Association rules, what the fees cover, and which buildings sell fastest all affect your outcome. So does whether a buyer needs board approval before closing. None of it appears in a listing description. All of it decides whether a sale closes on time.
Pure Equity is a licensed Florida brokerage serving The Lexi. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.
More on this: what does a listing agent actually do? · selling a house with an HOA violation
Realtors and real estate agents serving The Lexi
People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.
What separates real estate professionals in The Lexi is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.
More on this: what is a comparative market analysis? · appraisal vs CMA: which number should you trust? · Florida seller disclosures and inspections
Buyer's agents in The Lexi
A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.
Where buyers have room to negotiate, as they do in The Lexi, the leverage is only worth something if you know where it exists and what to ask for. If you are buying and selling at the same time, which is common for people moving within Miami-Dade County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.
What representation costs
Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.
Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.
More on this: how commission is actually structured · cash offer or financed offer? · when a sale falls through
Buying Instead?
Search The Lexi with someone local
We will tell you which listings are worth your time, what comparable homes actually closed for, and how to structure an offer that holds up through inspection and financing.
Frequently asked questions
How do I find a listing agent in The Lexi?
Ask any listing agent you interview two questions. Which homes have they closed near The Lexi, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. With a median around $750,000 here, the gap between realistic pricing guidance and optimistic guidance is real money. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity is a licensed brokerage serving Miami-Dade County. You can reach the broker directly at (561) 835-5400.
What does a seller's agent actually do?
A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.
How much does a real estate agent cost in The Lexi?
Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.
What is the difference between a realtor, a real estate agent, and a broker?
A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in The Lexi, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?
Do I need an agent to buy a home in The Lexi?
You are not legally required to use one, but most buyers in The Lexi do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. Even in a slower market, negotiating room is only useful if you know where it exists.
Can one agent help me sell my current home and buy the next one?
Yes. For people moving within Miami-Dade County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.
Public Records
Look up The Lexi property records
Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.
Miami-Dade County Property Appraiser
Assessed value, homestead exemption status, and recorded sales history for any parcel.
FEMA Flood Map Service Center
Look up the official flood zone for an address before you budget for insurance.
Florida Department of Revenue, property taxes
How Florida assesses property, and which exemptions you can claim.
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