Own Mid-Beach & North Beach · North Beach

Colonnade Bay

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

2 for sale
For sale
2
0 pending · 24.0 mo supply
Median asking
$487K
from $485K
Median $/sqft
$446/sqft
$397/sqft sold, 12 mo
Days on market
128
56 to sell · 1 in 12 mo
Colonnade Bay
Listing photo · courtesy of Unlimited International Realty · MLS #A11976979

Colonnade Bay is a boutique waterfront condominium located in North Beach, offering a serene coastal atmosphere. The building is situated near the Intracoastal Waterway and is located just two blocks from the beach and nearby parks. The property features a west-facing orientation that provides views of the Intracoastal and bay.

The building includes a waterfront pool, a social room with a kitchen, and a large common dock suitable for launching kayaks, canoes, or paddleboards. There is also a dedicated space for kayaks and paddleboards and a bike area.

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
58
/ 100
B
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.

Value84
$446/sqft — vs. Miami condos
Momentum50
Recent price trend
Liquidity21
24.0 months of supply · 128 days on market
Health81
2 verified records: Special assessment — noted on 1 listings
Waterfront90
Waterfront building
Age0
Built 1979
own.miami Condo Index
56100 = the median Miami condo, by price and liquidity.
Rank
#515 of 597 tracked Miami condos
Top 86% by price & liquidity
#70 of 78 in Mid-Beach & North Beach
Momentum
→ Steady
$446/sqft median ask
Liquidity
Slow
See the full Condo Index →
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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
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

Verified records

  • Positive40-year recertification completedMay 6, 2026

    Source: MLS listing remarks

  • ElevatedSpecial assessment — noted on 1 listingsMar 4, 2026

    Source: MLS listing remarks

  • Listings report the 40-year recertification completed
  • 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.

Frequently asked

How much do condos at Colonnade Bay cost?+

There are 2 condos for sale at Colonnade Bay, from $485,000, with a median asking price of $487,300 ($446/sqft).

Is Colonnade Bay a good time to buy?+

Colonnade Bay currently has about 24.0 months of supply — a buyer-friendly pace with more negotiating room.

How much are the HOA fees at Colonnade Bay?+

HOA / maintenance fees at Colonnade Bay run around $530 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

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.

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