As Miami continues its evolution into a global capital of luxury real estate, one waterfront enclave is quietly emerging as a strategic hub for the city’s next chapter: North Bay Village. Nestled in the heart of Biscayne Bay, it is made up of three distinct islands—North Bay Island, Treasure Island, and Harbor Island, connected by the John F. Kennedy Causeway—and is surrounded by water in all directions, offering panoramic views of Miami’s skyline, bay, and ocean.
Where is North Bay Village
Strategically located at the very center of Biscayne Bay, North Bay Village sits quite literally in the middle of everything. It offers quick and easy access to both the mainland and the beach, placing residents just minutes from some of Miami’s most vibrant districts, including Miami Beach, Bal Harbour, Wynwood, Brickell, and the Design District. This unique centrality, combined with its serene island setting, makes it one of the few places in Miami where you can enjoy both privacy and connectivity—a rare combination that is now drawing the attention of luxury developers, investors, and discerning buyers from around the world.
Waterfront Living and Quality of Life
Life in North Bay Village is defined by its immersive connection to the water. Surrounded on all sides by the shimmering expanse of Biscayne Bay, this island community offers a lifestyle that blends tropical tranquility with easy access to the vibrancy of Miami. Residents enjoy year-round boating, paddle boarding, kayaking, and dining at waterfront restaurants with cinematic sunsets and panoramic skyline views as their backdrop. It’s a setting where everyday moments feel like a getaway.
At the heart of this coastal experience is Pelican Harbor Marina, a key recreational hub that links the community directly to the bay and beyond. Fully equipped for boats, jet skis, kayaks, and paddle boards, the marina attracts both locals and visitors, and often serves as the launch point for community events such as the popular Food Truck Rally. Just offshore, Pelican Island provides a peaceful natural retreat and bird sanctuary, reinforcing the neighborhood’s harmony with nature and the sea.
In addition to its stunning setting, North Bay Village offers a level of safety, privacy, and quality of life that is increasingly rare in urban Miami. As an island enclave accessible only by bridges, the area benefits from limited through-traffic and controlled entry points, which allow for strong law enforcement presence and a calm, secure environment. With well-rated schools and a family-friendly atmosphere, the neighborhood is ideal for those seeking the perfect balance between residential comfort and proximity to Miami’s key business and cultural districts.
North Bay Village’s Bold Vision for the Future
North Bay Village is undergoing an unprecedented urban transformation, driven not only by luxury developments but also by public investment and significant improvements in infrastructure. The city has prioritized initiatives that directly benefit its residents, making the neighborhood increasingly attractive as a place to live, invest, and enjoy.
One of the most anticipated projects is the new Baywalk—a waterfront promenade that will eventually wrap around the islands of North Bay Village, creating a safe and scenic path for walking, exercising, and enjoying the panoramic views of Biscayne Bay. This initiative is part of a broader vision to connect the entire community through a greener, more accessible, and nature-integrated urban environment.
With limited land left for development across Miami, North Bay Village stands out as one of the last centrally located waterfront areas where large-scale planning and growth can still happen from the ground up, guided by a long-term vision for sustainability, livability, and architectural excellence.
Another major highlight is the development of a multimillion-dollar community center, the result of a partnership between the city and the Argentine Football Association (AFA). In addition to serving as the official training base for Argentina’s national team in the United States, the facility will be open to the local community, featuring athletic and social amenities designed to activate the neighborhood and draw international attention.
An Island with History: From Radio Station to New Luxury Hotspot
Long before becoming one of Miami’s most promising addresses, North Bay Village was almost entirely submerged beneath the waters of Biscayne Bay. The only landmass was a small five-acre island known as Broadcast Key, where, in 1926, one of Florida’s first radio stations—WIOD—began broadcasting. The island earned its name because it served as a broadcast transmission point.
In the 1940s, the area underwent a large-scale dredging and land reclamation effort, creating the three islands that form present-day North Bay Village: North Bay Island, Treasure Island, and Harbor Island. Broadcast Key was ultimately incorporated into the new urban landscape.
During the 1950s and 60s, North Bay Village became a lively waterfront entertainment hub, known for its upscale restaurants and glamorous nightclubs. One of the standout venues of the time was Dino’s Pub, a club created by legendary singer and actor Dean Martin, whose birth name was Dino Paul Crocetti. While Martin owned several well-known establishments—most famously his restaurant called Dino’s Lodge, in Los Angeles —few people are aware that he also opened a nightclub in North Bay Village. Dino’s Pub, contributed to the area’s golden era of nightlife and cultural prestige, though very few references to it can be found online today. Other celebrities like Frank Sinatra and Judy Garland were also frequent visitors, adding to the glamour and legacy that still echoes through the neighborhood’s evolving identity.
From the 1970s onward, the area evolved into a more residential and family-oriented community, but its sophisticated past remains a defining part of its identity.
New Luxury Projects Reshaping North Bay Village
North Bay Village is entering a new era of sophistication, driven by high-end real estate projects that are reshaping the area’s identity. With billion-dollar investments and developments backed by world-renowned brands, the neighborhood is evolving from a quiet waterfront enclave into one of Miami’s most coveted addresses. Leading this transformation are Pagani Residences, Shoma Bay, and Continuum Club & Residences.
- Continuum Club & Residences – Developed by Continuum Company, known for its iconic properties in Miami Beach, the Continuum Club & Residences brings an added layer of exclusivity to North Bay Village. The 32-story tower will feature 198 luxury residences and replace a former surface parking lot, maximizing the site’s potential to create a striking new residential icon. With panoramic views and a prime location, the Continuum is set to uphold the brand’s signature high standards that have made it one of the most sought-after names in Miami real estate.
- Pagani Residences – The first residential project by iconic Italian hypercar brand Pagani chose North Bay Village for its world debut. Slated for completion in 2027, Pagani Residences will feature just 70 exclusive units in a boutique 28-story tower, all with luxurious finishes and breathtaking views of Biscayne Bay. The project embodies the brand’s philosophy of handcrafted excellence and absolute exclusivity, offering a one-of-a-kind living experience for design and automotive aficionados.
- Shoma Bay – Shoma Bay is a mixed-use development that will redefine luxury and convenience in North Bay Village. Developed by Shoma Group, the project will feature 333 residences, including studios and one- to three-bedroom units ranging from 344 to 2,700 square feet. Highlights include the neighborhood’s first Publix supermarket and the Shoma Bazaar, a contemporary food hall with diverse dining options. Combining upscale living, practical amenities, and a vibrant atmosphere, Shoma Bay is poised to become a new neighborhood landmark.
Guiding You to the Best of North Bay Village
As North Bay Village continues to emerge as one of Miami’s most dynamic and desirable waterfront communities, opportunities for investment and lifestyle are rapidly evolving. Whether you’re searching for a luxury residence, a smart real estate investment, or a tranquil retreat with easy access to the city, CAP International is here to guide you. With deep expertise in the Miami market and a tailored, client-first approach, we offer personalized service to help you navigate every step of your real estate journey—right here in the heart of South Florida’s next great destination.