The Lexi North Bay Village Is Now a Reality

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The Lexi North Bay Village Is Now a Reality! The Lexi of North Bay Village real estate has now opened its doors. Closing over 55 units, we now have unique, oversized loft-style condos with exceptional views. The views vary from the Downtown Miami skyline and Biscayne Bay. What’s great for our North Bay Village community is the addition of new retail shopping spaces. Rumored to come are Starbucks, a gourmet bakery, and more space available for small businesses.

The Lexi of North Bay Village facing south

“Residences are sized for living large, ranging from 1,458 to 1,753 sq. ft. under air. 10-foot ceilings, oversized sliding glass doors, and bay-view windows add to the open-air feeling. With sweeping panoramic views of Biscayne Bay from just about every vantage point in your home, you’ll have the perfect atmosphere for large-scale entertaining and intimate private moments.”

The Lexi Condos

The Lexi Condos is a luxury residential building located in North Bay Village, Florida. The building is situated in the heart of the island. Lexi offers stunning south views of Biscayne Bay and the Miami skyline. The Lexi Condos features a variety of spacious residences, ranging from two to three bedrooms. Each home has modern finishes and high-end appliances. The building also offers luxurious amenities. Residents love the large fitness center, infinity rooftop pool, hot tub, and rooftop garage terrace with panoramic views and a great entertainment place.

Today’s Lexi condo values range from $1,900 (1+Den) to $2,400 (2+Den) to rent. A condo costs $455,000 to $815,000 (1753 sf). Contact me here or call 1.888.38.DREAM or write to find out more or visit LEXI Condos Retail Space, also available if you are looking for open retail on the busy JFK causeway next to a Starbucks (great location!).

The Lexi retail space

About Ashton Coleman

Ashton is a tech & social media savvy professional who understands the industry providing white-glove service with a wealth of experience, an impeccable reputation, and a keen ability to efficiently handle all facets of real estate. Ashton’s territory has grown significantly since 2002, marketing & selling extraordinary South Florida coastal real estate from Miami Beach to Lighthouse Point. A Certified Luxury Homes Marketing Specialist (Million Dollar Guild), with a multitude of other residential certifications, Ashton provides both exceptional service and unique selling techniques. His success is attributed to an unparalleled work ethic with years of experience including top-tier professional services where the ‘art of the deal’ is mastered in contract negotiations, deal-making intricacies and the end, results-driven real estate.

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3 thoughts on “The Lexi North Bay Village Is Now a Reality”

  1. The value on the 1750 sf 3 BR’s may be in the mid to low 400’s.
    The smaller 1450 sf, 2 BR’s, in the high 300’s. Nothing of resale has closed yet…

    #1105 (3 BR) is at $489,900 and may sell for low 400’s.
    #1009 (2 BR) is at $425,000

    North Bay Village Stats show as having 432 total condos for sale with 139 listed in the last 90 days. 5 are under contract and 5 closed in the last 30 days. 12 sales occurred in the last 90 days…
    Properties are selling at about 90% of list price at an average of 150 days on the market.

    What is interesting is selling price per square foot on new construction is at:
    360 Condos Selling at $282 psf

    The Lexi may be estimated at around $260-300 psf when they finally do begin to sell. I believe there is pent up demand.

    —
    Think Big, Aim High, Act Bold,
    Ashton Coleman
    Real Estate Sales Consultant

  2. What is the outlook on NBV condos, like the Lexi? They are not beach front properties like Sunny Isles, but bay front/view. Comparing to Miami downtown and midtown condos, which have major fortclosures now, how is NBV compared? Thanks

  3. Hi Anthony,
    Thank you for writing. My outlook on NBV bullish. A small undiscovered island community with excellent upside potential. The local price per square foot for a Miami Beach entity is awesome. The views exceptional and the infrastructure is moving forward. As an upside indicator, I look at limited room to build (ie. San Fran, SoBe, Manhattan), and unobstructed water views (NBV is an ISLAND). I couldn’t compare NBV to Downtown as there is ample room for future development.

    Here the developers have seen the potential and have almost completed 90% development on this small island. There are only 2-3 projects that didn’t take off (Space 02 & Indigo Lofts) and with one’s that did (Lexi, Bridgewater, 360), they are priced well for a Miami Beach zip. Eloquence on the Bay is moving to completion fast! Foreclosures are occasionally found but not at all like Downtown Miami~Big anchor tenants like Starbucks have now moved in and I see a great potential for a Publix Supermarket or Wild Oats in the near future. We have our own police, fire dept. and mayor who do an outstanding job.

    There are also deals in the high $100’s per square foot almost equal to today’s replacement costs. New construction in the high $200’s psf…it hardly gets much better. True, not oceanfront, but central to both airports, central to SoBe and Aventura with only a 5 minute drive to the Atlantic ocean. I am very optimistic on North Bay Village real estate.