Miami Shores Bay Park Estates

It's a quiet, water-oriented residential enclave in North Miami, favored by buyers who want larger homes and bay proximity over high-rise density. Established neighboring communities like Keystone Point share the same calm character. The trade-off is scale — this is a small pocket with only a handful of homes on the market at any time.

Yes — this is a luxury market where every one of the 4 active listings is priced above $1 million. The median list price is $3,000,000, with homes ranging from $1,598,000 up to $5,250,000. At roughly $1,075 per square foot, you're paying a premium for the location and lot sizes.

Active listings currently run from $1,598,000 to $5,250,000, with a median list price of $3,000,000. Over the past 12 months, 6 homes sold at a median price of $2,200,000. The gap between list and sold prices reflects how much room there can be to negotiate in this segment.

It's thin and slow-moving by design — just 4 homes are active and only 6 sold in the past year. The median home takes about 165 days to sell, and sellers are averaging 92% of their asking price. That means motivated buyers who wait for the right listing often have real negotiating leverage.

There's no reported HOA structure for this enclave, so you won't budget for monthly association dues here. Property taxes are the bigger line item, with a median of about $18,106 per year, in line with the high home values. As always, confirm the exact tax figure on any specific property before you make an offer.