Bay Point Homes – The Investment Value of Bay Point Real Estate

Bay Point Homes – A dive into this exclusive Miami area

Bay Point in Miami is an exclusive and gated community in the Upper East Side of the city.  The area stretches from NE 41Street until NE 50th terrace, and is located east of Biscayne Boulevard.

The Bay Point community is home to high-end properties sitting on valuable and often waterfront land.  Besides from being a gated community with access to the bay, Bay Point is desirable because of its ideal location close to Brickell, Downtown Miami and Miami Beach. Furthermore, Miami’s newest and most up-and-coming areas such as Wynwood, Edgewater and the Design District are all surrounding the Bay Point area.

Bay Point Homes – Some Fast Facts

In 2015:

  • The most affordable Bay Point home sold for $1,6M ($1,15M in 2014),
  • The most exclusive home in Bay Point Miami sold for $7,2M.
  • The sales prices per Sq.Ft varied between $425 and $1,475
  • There are currently 22 Bay Point homes for sale
  • Current Bay Point inventory is 7 months, which makes it a well-balanced market

Bay Point Real Estate in numbers

The David Siddons Group shows you a more detailed look of the Bay Point real estate market. Below you will find the average sales price (per Sq.Ft), the amount of sales reported on a yearly basis and the difference between waterfront and non waterfront properties in Bay Point.

Tour Goran Dragic’s New $8M Bayfront Mansion

Miami Heat star Goran Dragic just purchased a bayfront mansion in Bay Point for $7.9 million. Sitting on a 23,100 Sq.Ft lot, the7-bedroom, 6-bathroom estate encompasses 6,500 Sq.Ft of living area. It features a bayside pool, mosaic fountains and a covered cabana.

The home was listed for $8.2 million in June and last sold for $5.2 million in 2014.

Are you looking to sell your Bay Point home or are you interested in becoming an owner of Bay Point Real Estate?

Contact me today for more information or a personal chat

Bay Point Homes for sale

There are currently 22 properties listed in Bay Point ranging from $1,2M to $20M (Varying between $387 to $2,310 per Sq.Ft)

Have a look at all the current Bay Point homes for sale by clicking on the link

David Siddons

david@siddonsgroup.com | +1 305 508 0899

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FAQ

These are the most commonly asked Google Real Estate Related questions

1. What are the Current Best New Condos in Miami?

If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023

2. What is the best New Construction Condo in Fort Lauderdale?

In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.

3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami? 

Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!

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