David Ramirez
$4,700,0005 bd6 ba3,464 sqft$1,357 /sqft$29,014 /mo all-in ↓

, NORTH BAY VILLAGE, FL, 33141

Active27 days on marketListed Jun 26, 2026MLS #A12043868

New constructionSingle Family ResidenceNORTH BAY ISLAND

About this home

An extraordinary opportunity to complete a custom-designed ultra-luxury residence in the prestigious gated community of North Bay Island. Presented in designer-ready condition, Casa Francesca offers a streamlined path to creating a one-of-a-kind modern masterpiece tailored to your exact vision. Significant planning and construction milestones have already been achieved, allowing the next owner to focus on the most exciting phase—selecting finishes, curating interiors, and bringing a fully customized luxury home to life. The current general contractor is available to continue working alongside the buyer, their architects, designers, and consultants, ensuring a seamless transition from vision to completion. Set within the prestigious guard-gated enclave of North Bay Island, the community is celebrated for its controlled access, privacy, and exclusivity, all just moments from Bal Harbour, Miami Beach, and the Design District.

Facts & features

The home at a glance

5

Bedrooms

6

Bathrooms

3,464

Sqft

2

Garage

2026

Year built

$1,357

Per sqft

Garden view

Inside

FlooringOther
AppliancesOther Equipment/Appliances
InteriorFirst Floor Entry · Other · Volume Ceilings · Walk-In Closet(s)
CoolingCentral Air
HeatingCentral

Outside & construction

RoofConcrete
ConstructionConcrete Block Construction
ViewGarden
FacesWest
ParkingAdditional Spaces Available · Covered · Driveway
ExteriorNone

Community & fees

Taxes (2025)$20,765/yr
CommunityGated Community · Security Patrol

Utilities & systems

WaterMunicipal Water

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$29,014 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$25,361
PMI (est., until 20% equity)$1,763
Property tax — 2025 actual bill$1,730
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $470,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $470,000
Interest rate6.00%
Loan term

Estimated payment

$29,014/mo

Principal & interest$25,361
PMI (est., until 20% equity)$1,763
Property taxes (actual bill)$1,730
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs North Bay Village actives

$1,357 vs $442

Days on market

27 vs 4 typical

Where $1,357/sqft sits among the 164 North Bay Village actives

90
41
11
4
6
12 · this home
$267–460$460–653$653–846$846–1039$1039–1232$1232+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside North Bay Village

Map of

Get to know North Bay Village. See the full North Bay Village guide →

NORTH BAY VILLAGE 33141 — neighborhood snapshot

Population

36,016

Median age

45

Median income

$64,457

Median home value

$434,500

Avg household

2.15

Households w/ children

3,213

For the school run

Dade County School District

ElementaryTreasure Island Elementary School★★★★★
MiddleMiami Beach Nautilus Middle School★★★★★
HighMiami Beach Senior High School★★★★★
District Instructional Center (Dic)
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The North Bay Village market

$955K$4.3M

North Bay Village median sold, yr/yr

9 of 164

North Bay Village actives have cut their price

This home is listed 2847% above the NORTH BAY VILLAGE 33141 median. See the full North Bay Village market guide →

Paper trail

This home's history

Jun 26, 2026Listed at $4,700,000 · 27 days on market since
2026Built · NORTH BAY ISLAND

Reality check

What actually sold near

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

7720 Miami View Dr, North Bay Village FL 33141Sold · Oct ’25

$9,000,000

7720 Miami View Dr, North Bay Village FL 33141 · same community

5 bd · 4 ba · 3,758 sqft · $2,395/sqft · 68 DOM

7431 Center Bay Dr, North Bay Village FL 33141Sold · Apr ’26

$1,900,000

7431 Center Bay Dr, North Bay Village FL 33141 · same community

3 bd · 3 ba · 2,926 sqft · $649/sqft · 13 DOM

Nearby listingSold · Mar ’26

$1,500,000

Nearby listing · same community

3 bd · 2.5 ba · 2,337 sqft · $642/sqft

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

FAQs

What would the monthly payment be for ?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $29,014/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on ?+

The most recent tax bill on record (2025) was $20,765. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in North Bay Village?+

At $4,700,000, this home is listed about 2482% above the North Bay Village median of $182,000. The market section on this page shows how the area is trending.

Which schools are assigned to ?+

Treasure Island Elementary School (elementary), Miami Beach Nautilus Middle School (middle), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$4,700,000 runs 2847% above the NORTH BAY VILLAGE 33141 median — but at 3,464 sqft it's also nearly 5 times the size of the typical North Bay Village listing.

02Garden views

The garden view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

27 days on market against a North Bay Village median of 4 — sellers in this position are usually ready to negotiate.

Listing courtesy of The Keyes Company · Eleonora De Palma. MLS #A12043868.

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 Miami Association of REALTORS®.

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