Recently Sold Homes in Island Place At North Bay

Recently Sold · 4

About Island Place At North Bay

Island Place At North Bay is an age-restricted 55+ community in North Bay Village, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $323,000 to $369,000. At least one resident per home must be 55 or older. Pure Equity Realty represents buyers and sellers in Island Place At North Bay at 1% listing commission. Free buyer representation.

Homes & Architecture

Homes in Island Place At North Bay

Recent listings in Island Place At North Bay have offered 1 bedroom and 1 bath. Living areas run from about 531 to 827 square feet. The mix here includes condo homes. Current prices run from $173,000 to $369,000.

Amenities & Lifestyle

Living in Island Place At North Bay

Waterfront homes here offer canal, lake, or Intracoastal frontage, and some sites include private dockage. As an age-restricted community, Island Place At North Bay centers on an active adult lifestyle, with amenities and a social calendar built for residents 55 and over.

Location

Island Place At North Bay Location

Island Place At North Bay sits in North Bay Village, part of Miami-Dade County, Florida. Residents are close to the shopping, dining, schools, and parks of the North Bay Village area, with the wider job centers, beaches, and airports of the region within driving distance.

Buying in Island Place At North Bay

Buying a home in Island Place At North Bay

Watching Island Place At North Bay for your next home? The buying process here 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. Ask for the association's governing documents, budget, and reserve study before you write an offer. Association fees, any club or membership costs, and rules on rentals, pets, and leasing vary by community and materially affect the true cost of ownership. 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 Island Place At North Bay the day they reach the market.

Selling in Island Place At North Bay

Selling a home in Island Place At North Bay

If recent activity in Island Place At North Bay has you thinking about selling, it starts with pricing the home correctly for current conditions. List prices in Island Place At North Bay currently center around $250,000, 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. Buyers in an association community also want to see the HOA or condo docs, the reserve study, and any pending or special assessments up front, so having those ready before you list avoids delays once you are under contract. 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 Island Place At North Bay owners in North Bay Village, so you can see what your property could sell for before you commit to listing.

Frequently Asked Questions

How many homes are for sale in Island Place At North Bay?

There are 9 active listings for sale in Island Place At North Bay right now, updated from the MLS.

What is the median home price in Island Place At North Bay?

The median list price in Island Place At North Bay is $250,000, or about $306 per square foot.

What price range do homes in Island Place At North Bay cover?

Listings in Island Place At North Bay currently range from $173,000 to $369,000.

How long do homes take to sell in Island Place At North Bay?

Homes in Island Place At North Bay are averaging 223 days on market.

Is Island Place At North Bay a 55+ community?

Yes. Island Place At North Bay is an age-restricted 55-and-over active adult community.

Are there waterfront homes in Island Place At North Bay?

Yes. Island Place At North Bay includes waterfront homes with canal, lake, or Intracoastal frontage.

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