new-construction-homes in North Bay Village

There are 12 new construction homes for sale in North Bay Village, Florida right now, priced from $385K to $14M. The median list price is $1,410,000. That puts this segment 187% above the overall North Bay Village median of $491,000 across 153 active listings.

These homes average 2,196 square feet of living area on lots averaging 0.17 acres. Average pricing runs $1,417 per square foot versus $783 citywide. The median year built is 2027. 33% of them include a private pool.

This segment averages 120 days on market, 23 days faster than the North Bay Village average of 143. The median closed-sale price in North Bay Village is $517,000. Deals close at 93.0% of list price. The absorption rate is 5.1%.

The largest concentration is in Shoma Bay, with 6 available listings. The rest is spread across 4 other communities.

New construction here includes both builder inventory and recently completed resales. Delivery timelines, design-center allowances and CDD fees vary by community — those three items usually move the real cost more than the base price does.

María Delgado works the South Florida market daily and can send you the full list with photos, association documents and recent comparables — in English or Spanish.