Bay Point is an exclusive gated community in the affluent Miami neighborhood of Upper Eastside.Bordered by Biscayne Bay to the east, Bay Point boasts an amazing central location that provides residents with all the privacy and tranquility they need while being only minutes away from the best that Miami has to offer.
Established in 1946, Bay Point has been home to many of the country’s most famous celebrities and successful professionals over the years. The changing trends in architectural styles through the decades have been wonderfully preserved here, giving Bay Point a flavor that’s distinctly its own.
The community’s Sabal Palm Road is lined by gorgeous homes and estates that have earned it the reputation as one of the most expensive streets in the US.
Security is paramount in Bay Point. The community is guarded 24/7, and all streets are restricted to residents and their guests. The residents own the streets, ensuring not only the safety of the neighborhood but also the preservation of its rich heritage.
Bay Point is located along the Intracoastal Waterway, and is found east of Biscayne Boulevard, between Northeast 41st Street and Northeast 50th Street.
From the community, you’re only around nine minutes to Miami International Airport, and less than 20 minutes to Downtown Miami, South Beach, Coral Gable, and Aventura Mall.
Real Estate in Bay Point
Average Land Area/House Square Feet
There are around 250 homes in Bay Point, and they come in sizes that range from 2,406 square feet to 11,485 square feet.
Common Property Types or House Styles
Bay Point is a neighborhood of luxurious single-family homes and estates, many of which are waterfront. Home ages vary from one year to over fifty years. The majority of the properties were built in the 1940s to the 1960s – a testament to the enduring prestige of the community over the years.
Average Market Pricing
The listing prices of homes for sale in Bay Point range from $225,000 to $18.9 million, with a median listing price of $2.8 million and median price per square feet of $738.
Common Design, Construction, or Architectural Types
Bay Point homes feature a wide range of architectural styles, showcasing the changing trends throughout several decades. Contemporary, Mid-century, and Ranch are popular architectural styles, but you’ll also find Colonial, Spanish Revival, Italian villas and others. Each home comes with distinctive details that give it a unique character.
Seamless indoor-outdoor living is a common feature, with many homes featuring spacious patios, resort-style swimming pools, impeccable landscaping, and large windows and glass walls that let the stunning views in. Waterfront homes come with private docks and ocean access.
Bay Point is home to international celebrities and A-listers, as well as some of the country’s top CEOs. They include singers Enrique Iglesias and his girlfriend, tennis star Anna Kournikova, Miami Heat star Goran Dragic, rapper DMX, and baseball star Livian Hernandez.
Living in Bay Point
General Cost of Living
The cost of living in the Upper Eastside neighborhood is about 20% higher than the national average, and around 11% higher than the Miami average. With luxury homes as the norm, housing cost is generally higher than in most of the country. Discriminating homebuyers who value exclusivity and an amazing way of life will find living in the area to be well worth the cost.
The median household income of Upper Eastside residents (as of 2016 data) is around $45,000, higher than the Miami median of $35,000. Compared to the rest of Miami, there are more residents here who are engaged in science, law enforcement, entertainment, and social science.
With its close proximity to Downtown Miami and the Financial District, Bay Point residents can easily commute to the city’s commercial and financial centers for business and employment.
Like the rest of Miami, Bay Point enjoys around 248 days of sunshine a year. The hottest month is July with an average temperature high of around 89 degrees. The coldest month is January with an average low of around 61 degrees.
Bay Point residents have easy access to the top restaurants in Upper Eastside and Downtown Miami. Many fine dining establishments can be found around NE 2nd Avenue, which is just steps away from the community. Must-tries include:
Bay Point residents get around by car and have convenient access to Biscayne Boulevard, which connects to Northeast 54th Street to the north and NE36th Street and I195 to the south.
Boats and yachts are also a fairly common mode of transport, particularly for residents with waterfront estates.
Parks, Recreational Activities, and Attractions
Just minutes away from Bay Point are outstanding parks like Morningside Park, Stearns Park, Legion Park, and Lemon City Park. These parks boast various facilities that include recreation centers, playgrounds, sports areas, tennis courts, boat ramps, and more.
Boating and other water activities are popular activities in Bay Point. Residents of waterfront homes can sail their way from their private docks and straight into the waters of Biscayne Bay and the ocean beyond.
Many of Miami’s top destinations are within walking distance or are only a few minutes’ drive. These include the Design District, the Arts and Entertainment District, Brickell City Centre, and the Mimo Historic District.
Looking to move to Bay Point? With everything it has to offer, homes for sale in this community are hard to come by. Partner with the Miami real estate experts at Jills Zeder Group to find the right home for you. Get in touch today at 305-722-5721 or 305-341-7447 to get started.