7701 Center Bay Dr, North Bay Village, FL, 33141
About This Home
Welcome to a exceptional opportunity to create your dream home in the highly sought-after gated community of North Bay Island. Situated on a private island in Biscayne Bay, this spacious 5-bedroom, 4-bathroom residence offers an incredible canvas for customization, renovation, or redevelopment. North Bay Island is known for its privacy, security, and tranquil residential atmosphere—while still being just minutes from the vibrant energy of Miami Beach and the mainland. The island setting provides a peaceful lifestyle and a true sense of retreat, all while remaining centrally located. The home features generous living spaces and an ideal layout for both large families and entertaining, with endless potential to transform into a modern masterpiece. Enjoy close proximity to top dining, shopping, beaches, marinas, and outdoor recreation, with easy access to both Miami and Miami Beach. This is more than a home—it’s a chance to build value, create vision, and own in one of Miami’s most unique and desirable island communities.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1956
Materials
- Roof: Other
- Construction materials: Concrete Block Construction
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Electric Range,Refrigerator,Washer
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Features
- Built-in Features,Entrance Foyer,Other,Split Bedroom,3 Bedroom Split,Walk-In Closet(s),Storage
- Door features: French Doors
- Flooring: Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Ceiling Fan(s),Central Air,Humidity Control
Interior Area
- Total structure area: 2,747
- Total interior livable area: 2,667 sqft
Property
Details
- Parcel number: 2332090080890
- Zoning: 0900
Features
- Stories: 1
- Entry location: Foyer
- Pool features: R30-No Pool/No Water
- Exterior features: Barbecue,Built-in Barbecue,Room For Pool
- Has view: Yes
- View description: None
Lot
- Lot size: 7,700 sqft
- Features: Less Than 1/4 Acre Lot
Parking
- Parking features: Circular Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,062 | $120,744 |
| Home Insurance * | $1,570 | $18,840 |
| Property Taxes | $1,343 | $16,116 |
| Electricity | $268 | $3,220 |
| Total | $13,243 | $158,916 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-12 | Price change | $1,990,000 |
| 2026-05-07 | Listed for sale | $2,199,000 |
| 2021-06-08 | Sold | $130,000 |
View on Zillow