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The Roebling Index · Miami
Published by The Roebling Team at Compass · Corey Cohen, NY Licensed Associate Real Estate Broker
Miami·North Beach·Condominium

Colonnade Bay

8530 Byron Avenue, Miami Beach, FL 33141

North Beach

Folio 0232020820001

At a glance
Year built
1979
Residences
28
Building area
30,956 sq ft
Median residence
1,092 sq ft
FEMA flood zone
Zone AE · BFE 8 ft
Latest arms-length sale
$523,000 · Apr 2026
Median sale (10 yr)
$402,500
Recorded transfers
108
Own an apartment at Colonnade Bay?
Enter your apartment to see its recorded sale history and today’s estimate.

Colonnade Bay is a 28-residence condominium building at 8530 Byron Avenue, in North Beach. County records list 1979 as the year built. It has a median residence of 1,092 square feet.

The recorded market runs to 70 arms-length sales since 1979, an annual turnover rate of 4.6 percent of the building over the past decade, and a median of $82 per square foot. Across 43 same-unit resales, 91 percent sold above their prior recorded price, with a median gain of 37 percent over a median hold of 5.9 years. The 7 sales since 2023 carry a median of $412 per square foot, against a record that opens in 1979 and spans several market cycles.

Selling, buying or moving?

Own a residence at Colonnade Bay? See what it would sell for.

Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

At a glance

Condominium: The condominium is named Colonnade Bay Condominium.

Building type: Low-rise condominium with gated entry and a pool

Unit sizes: One- and two-bedroom plans. Ask for the association's size schedule.

Amenities: Pool, on-site laundry room, gated entry

Policies: Set by the association; see Policy framework.

Source: The Roebling Research Desk.

Why Colonnade Bay matters

It is a small North Beach building of 28 units, built in 1979, with a pool and a gate.

North Beach

North Beach is the part of Miami Beach north of about 63rd Street, running to the Surfside border. It is lower in scale than South Beach and Mid-Beach, with 1950s to 1970s low-rise and mid-rise buildings, single-family blocks, a beach and bayfront parks, and a town-center district around 71st Street.

Byron Avenue is on the residential side of the district. Buyers should measure the walk to the beach, to Collins Avenue and to the bay for the specific unit.

Architecture and unit composition

The building is low-rise, with one- and two-bedroom units. Request the floor plans and the association's size schedule for any unit.

The building has a pool and a laundry room on site, and access is gated.

Building operations

Ask for the current budget and financial statements and any pending or recent special assessments. Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask whether the building falls under the rules, and ask for the inspection report, the reserve study and any assessment history. Also ask for the flood zone and elevation certificate, and ask for the building's current flood and wind coverage and the premium trend.

Policy framework

Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.

Sales context

A sale in April 2026 closed at $523,000. It is one sale, not a building price. Pricing will differ by bedroom count, floor and renovation.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

What to know if you're buying at Colonnade Bay

Check the insurance. Ask for the master policy summary, flood coverage and premium history.

Get the leasing rules. Ask for the minimum lease term and any rental cap.

What to know if you're selling at Colonnade Bay

Price against like units. Use trades of the same bedroom count and renovation level, not the last sale in the building.

Have the documents ready. Budget, reserve study, financials, insurance and inspection status shorten diligence.

Comparable buildings

  • Bay View Lofts — 2000 Bay Drive, a North Beach condominium built in 2005.
  • Mar-Azul — 600 Grapetree Drive, an 11-story Key Biscayne oceanfront condominium built in 1974.
  • Mirasol Ocean Towers — 2655 Collins Avenue, an oceanfront condominium campus in Mid-Beach.

The neighborhood

For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to North Beach.

Run the numbers

Related guides

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Nov 1979. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
Apr 20265051,318 sf$523,000✓
Mar 2025504996 sf$410,000✓
Jun 20244041,104 sf$535,000✓
Apr 20244061,092 sf$412,500✓
Oct 20232041,104 sf$530,000✓
Sep 20235061,092 sf$500,000✓
Feb 20233071,104 sf$402,500✓
Jun 20225021,318 sf$400,000✓
Nov 2021504996 sf$300,000✓
Aug 20213071,104 sf$300,000✓
Jun 20212041,104 sf$295,000✓
Jan 20204051,092 sf$130,000
Oct 20194041,104 sf$221,000
Jul 2019504996 sf$207,000✓
Jun 20193051,092 sf$32,500
Sep 20173011,092 sf$282,000✓
May 20153061,092 sf$184,500✓
Dec 20143061,092 sf$146,000
Mar 20142061,092 sf$170,000✓
Nov 20132061,092 sf$149,100
May 20123011,092 sf$160,000✓
Jan 20072041,104 sf$250,000✓
Dec 20062051,092 sf$245,000✓
Nov 20044051,092 sf$245,000✓
Oct 20042071,104 sf$195,000✓
Sep 20044011,092 sf$210,000✓
Sep 20042061,092 sf$195,000✓
Aug 20045061,092 sf$210,000✓
Mar 20042031,104 sf$175,000✓
Jul 20022051,092 sf$160,000✓
Apr 20022041,104 sf$158,500✓
May 19995051,318 sf$95,000✓
May 19993071,104 sf$86,000✓
Apr 19992041,104 sf$87,500✓
Sep 19985061,092 sf$90,000✓
Aug 19975071,104 sf$89,000✓
Feb 19973031,104 sf$110,000✓
Dec 1996503996 sf$82,000✓
Nov 19962051,092 sf$95,000✓
Sep 19963021,092 sf$89,000✓
Sep 19962041,104 sf$85,000✓
Jun 19963051,092 sf$95,000✓
Jun 19962051,092 sf$72,000✓
May 1996503996 sf$70,000✓
Apr 19965051,318 sf$108,000✓
Feb 19963011,092 sf$89,000✓
Aug 19944031,104 sf$90,000✓
Jul 19933031,104 sf$89,000✓
Mar 19934051,092 sf$88,500✓
Feb 19933051,092 sf$68,000✓
Apr 19913041,104 sf$70,000✓
Mar 19915071,104 sf$77,000✓
Mar 1991503996 sf$67,500✓
Jan 19912041,104 sf$66,000✓
Jun 19905021,318 sf$75,000✓
Dec 19892031,104 sf$67,000✓
Oct 19894051,092 sf$72,000✓
May 19893031,104 sf$69,900✓
Sep 19884021,092 sf$62,000✓
Nov 19863031,104 sf$67,500✓
Sep 19863011,092 sf$63,000✓
Dec 19853021,092 sf$62,000
Jul 19855011,092 sf$65,000✓
Apr 19844011,092 sf$65,000
Mar 19835061,092 sf$87,000✓
Aug 19822041,104 sf$70,000✓
May 19825011,092 sf$86,000✓
Mar 19814071,104 sf$95,000✓
Jan 1981504996 sf$85,000✓
Dec 19793011,092 sf$59,500✓
Nov 19795071,104 sf$60,000✓
Nov 19794011,092 sf$66,000✓
Nov 19793031,104 sf$67,200✓
Nov 19792071,104 sf$62,000✓
Nov 19792061,092 sf$64,000✓
Nov 19792051,092 sf$60,000✓
Nov 19792011,092 sf$60,000✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 31 nominal-consideration paper transfers omitted.

This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.

Considering a move at Colonnade Bay?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.

A note on representation

The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.

To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.