Own Mid-Beach & North Beach · North Beach

Colonnade Bay

8530 Byron Ave · Built 1979 · 5 floors · 28 residences

Recently sold (2)
For sale
0
0 pending
Sold, 12 months
1
2 recorded sales
Last sale
$523K
Apr 27, 2026
Last sale, per sqft
$397/sqft
$397/sqft sold, 12 mo
Colonnade Bay
Listing photo · courtesy of Unlimited International Realty · MLS #A11976979
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Colonnade Bay is a waterfront building at 8530 Byron Ave in North Beach, with 5 floors and 28 residences, completed in 1979. The building sits in FEMA flood zone AE, part of the Special Flood Hazard Area, where FEMA maps a 1% yearly chance of flooding and lenders require flood insurance for federally backed or regulated mortgages. It is in Miami-Dade hurricane evacuation zone B, and the lowest street next to it is 1.2 ft above the highest tide predicted for 2026 at Virginia Key.

The Car-Free Index is 0, and the nearest Publix is 1500 m (about 0.9 miles) away in a straight line.

On the 2025 Florida tax roll, 61% of the 28 units carry a homestead exemption, meaning the owner declares the unit a permanent residence, and 0% are owned by a company or trust. The Miami-Dade Clerk recorded 1 resale deed in the 12 months to October 22, 2026. One active tower construction site lies within 1 km, which can bring noise and traffic while it lasts.

Live near more of Miami

What surrounds Colonnade Bay: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Mid-Beach & North Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Miami Beach BoardwalkFaena DistrictFontainebleauNorth Shore Open Space ParkNormandy Isle ParkLa Gorce Country ClubCollins Avenue
73
/ 100
A−
own.miami Score

A data-grounded score for Colonnade Bay from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value83
$397/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
Momentum50
Recent price trend
Liquidity94
0.0 months of supply
Health75
2 verified records: Special assessment — noted on 1 listings
Waterfront90
Waterfront building
Age25
Built 1979 — vs. Mid-Beach & North Beach buildings
own.miami Condo Index
85At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#469 of 698 tracked Miami condos
Top 67% by price per sq ft
#56 of 85 in Mid-Beach & North Beach
Momentum
→ Steady
$397/sqft median ask
Liquidity
Warm
See the full Condo Index →

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Colonnade Bay; bars are closings per month.

$351$431$511Oct 2023Mar 2024Jun 2024Mar 2025Mar 2026May 2026

Location

Nearby buildings within half a mile.

Building facts

Address
8530 Byron Ave
Year built
1979
Floors
5
Residences
28
Developer
Eighty-five Hundred Thirtybyron CO, INC
Waterfront
Yes

Amenities

  • · Pool
  • · Social room
  • · Dock
  • · Bike area

Building rules

Parking
The building offers covered and gated parking, including assigned spaces.

Special assessments & recertification outlook

Elevated

Public records checked Oct 31, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).

Verified records

  • ElevatedSpecial assessment — noted on 1 listingsMar 4, 2026

    Source: MLS listing remarks

  • InfoRecertification cycle on fileMar 4, 2026

    Source: MLS listing remarks

  • Verified: a special assessment is in force
  • Built 1979 — past its first structural milestone; next inspection around 2034

Estimated from Colonnade Bay’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Colonnade Bay: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

31Limited financing
Mortgages recorded, 12 months
0
0 from banks and credit unions · purchases and refinances
Sales bank-financed
—
1 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—

Low confidence — few loans · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Mid-Beach & North Beach

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 8.0 ft (NGVD29).
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
2.5 ft
Lowest nearby street
2.2 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 1.2 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

Is Colonnade Bay a waterfront building?+

Yes — Colonnade Bay is a waterfront building (Mid-Beach & North Beach).

When was Colonnade Bay built?+

Colonnade Bay was built in 1979, 5 stories, 28 residences.

Who developed Colonnade Bay?+

Colonnade Bay was developed by Eighty-five Hundred Thirtybyron CO, INC.

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