Neighborhood · North Bay Village, Florida
Bay Lure
Ultra-luxury waterfront living on Biscayne Bay
3
Homes for sale
$5,925,000
Median list price
$1,452
Avg price / sqft
66
Median days on market
Bay Lure is a small, exclusive enclave within North Bay Village, the island community that sits mid-bay between Miami and Miami Beach on Biscayne Bay. This is a place defined by water — deep-water access, big-square-footage homes, and the kind of privacy that comes with a tightly held pocket of just a handful of properties. Neighboring Treasure Island shares that same island-luxury character, and the whole area lives quiet and residential despite being minutes from the causeway.
For a buyer today, this is a top-tier luxury market with very little inventory to choose from. There are just 3 active listings, priced from about $4 million to nearly $9 million, with a median list price of $5,925,000 and an average of $1,452 per square foot. Homes here are large — the median is 4,225 square feet — and they take time to move, sitting a median of 66 days on market. If you want to see exactly what is available, the live map is the fastest way to watch it.
Bay Lure is a community in North Bay Village, Florida.
Quick facts
$3,999,999 – $9.0M price range
4,225 sqft median home
$11,500/mo median rent
1 sold in 12 months
On the market now
Homes for sale in Bay Lure
$3,999,999
1276 NE 93rd St, Miami Shores FL 33138, MIAMI SHORES
6 bd · 5 ba · 4,109 sqft
$8,995,000
9301 N Bayshore Dr, Miami Shores FL 33138, MIAMI SHORES
4 bd · 4.5 ba · 4,225 sqft
$5,925,000
1202 NE 93rd St, Miami Shores FL 33138, MIAMI SHORES
6 bd · 5.5 ba · 4,727 sqft
Every active listing inside the Bay Lure boundary
Open full map search →Find your fit
Browse Bay Lure
By feature — on the live map
The numbers that matter
The Bay Lure market
1
Sold, last 12 months
$2,250,000
Median sold price
94%
Sale-to-list ratio
What sellers actually get vs asking
59 days
Median time to sell
Bay Lure vs North Bay Village
Median list price
Price per sqft
Days on market
Live Stellar MLS data — every listing and closed sale inside the Bay Lure boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Bay Lure is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Bay Lure home
≈ $37,425/mo
$5,925,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$11,500/mo
Median rent
Homes for rent inside the boundary
Population
371
Median age
40
Median income
$171,250
Median home value
$1,223,100
Beyond the listings
Living in Bay Lure
Culture
Top 1% in the U.S.Artistic Appreciation
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Lifestyles
Top 4% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Entertainment
Top 6% in the U.S.Party Life
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Relationships
Top 8% in the U.S.Networking
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Appearance oriented
Top 12% in the U.S.Body Art
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Culture
Top 15% in the U.S.Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Straight answers
Bay Lure FAQs
Is Bay Lure a good place to live?+
It suits a buyer who wants an exclusive, water-focused address on Biscayne Bay with real privacy and large homes. As part of North Bay Village, it keeps a quiet island feel while sitting minutes from both Miami and Miami Beach. It's a small enclave, so the appeal is scarcity and setting more than a bustling neighborhood scene.
Is Bay Lure expensive?+
Yes — this is a top-tier luxury market. The median list price is $5,925,000 and homes average $1,452 per square foot, with every active listing above the $1 million mark. Even renting is premium here, with a median around $11,500 per month.
What do homes cost in Bay Lure?+
Active listings currently range from about $3,999,999 to $8,995,000, with a median of $5,925,000 for a typical home near 4,225 square feet. The one sale in the past 12 months closed at $2,250,000, so pricing spans a wide band depending on the specific property and its water frontage. You can compare current options against the broader North Bay Village homes for sale.
How is the market in Bay Lure?+
It's a low-volume, patient market — just 3 homes are active and only 1 sold in the past year. Listings sit a median of 66 days on market, and sellers are getting about 94% of their asking price on average. With so few trades, each sale carries real weight in setting the tone.
What about HOA fees and property taxes?+
HOA data isn't currently reported for the active Bay Lure listings, so budget on a per-property basis. Property taxes reflect the luxury values here, with a median around $71,968 per year. At these price points, taxes are a meaningful line item to factor into your carrying costs.
Keep exploring
More North Bay Village neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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