Koya Bay Homes for Sale

Koya Bay is a residential community in North Miami Beach, Florida.

Pure Equity Realty covers Koya Bay and the North Miami Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for Koya Bay North Miami Beach homes for sale as of October 2026. The median asking price is $2.79M.

That is 440% above the North Miami Beach median of $518,000. On a per-foot basis, homes here ask about $828 per square foot, compared with $415 across North Miami Beach. So the median price buys roughly 3,400 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 307 days on the market. That is slower than the North Miami Beach average of 170 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Koya Bay date from 2023, so they are about 3 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Here is what the median Koya Bay price means in Florida closing terms. At $2.79M, a 20% down payment comes to about $559,000, leaving a loan near $2.24M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $7,826. Next, the intangible tax of 0.2% adds about $4,472. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $16,769 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.