The Lexi Condos For Sale & Rent

The Lexi Condo North Bay Village Condo Overview

The Lexi Condo North Bay Village is a North Bay Village condo building at 7901 Hispanola Ave in North Bay Village. Built in 2008, the property has 19 residences. Buyers usually compare bay views, bridge access, parking, building condition, rental rules, and value versus Miami Beach.

The Lexi Condo North Bay Village Condos for Sale

The Lexi Condo North Bay Village condos for sale should be compared by bay, Intracoastal, or city exposure, floor height, layout, renovation level, parking, and monthly fees. Buyers should review recent comparable sales, view quality, interior condition, parking, monthly fees, building rules, reserves, and insurance considerations before deciding how a listing is positioned.

The Lexi Condo North Bay Village Rentals and Rental Policy

If rentals are part of the plan at The Lexi Condo North Bay Village, review current association rules, approval requirements, fees, minimum lease terms, taxes, and active rental inventory before making a purchase decision. Confirm the policy directly with the association before relying on projected income.

Amenities and Building Details

The building was designed by Kobi Karp and developed by The Greenwald Group. The building is pet-friendly. Buyers should review amenities, parking, security, reserves, insurance considerations, association rules, and monthly fees with the specific residence. The two-story lobby exudes grandeur, leading to an infinity swimming pool with a Lanai deck that offers serene Biscayne Bay views. For fitness enthusiasts, the state-of-the-art fitness center is a perfect retreat, while the barbecue and picnic area offer spaces for social gatherings. Other amenities include on-site dining and retail options, a spa, business center, media room, clubhouse, tennis court, and more. Residences at The Lexi are a testament to luxury living, featuring Italian-designed kitchens with granite countertops and 10-foot high ceilings.

What to Compare Before Buying at The Lexi Condo North Bay Village

Compare active condos for sale, active rentals, recent sales, water exposure, unit condition, monthly fees, parking, rental rules, pet policy, and North Bay Village access. It is also useful to compare The Lexi Condo North Bay Village with nearby buildings and area pages such as North Bay Village.

Market Context

The Lexi Condo North Bay Village has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 74 recorded condo sales, or about 8 sales per year. That is a thinner resale sample, so each closed sale should be reviewed closely for condition, view, size, and unusual terms before using it as a benchmark. The busiest year in the series was 2022 with 18 sales, while the quietest was 2020 with 1. Recent completed-year sales volume is close to the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for The Lexi Condo North Bay Village ranges from about $230/sqft to $415/sqft, with an average near $323/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is higher than the first, moving from $281/sqft in 2017 to $390/sqft in 2025. The recent completed-year price-per-square-foot average is above the long-term average. Average closed price over the same completed-year period was about $537,038, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at The Lexi Condo North Bay Village: 2 Beds and 3 Beds units have the broadest historical comparison set, while 2 Beds around $542,548 and 3 Beds around $541,242 represent the higher average closed-price tiers in the chart data. Because that segment appears across several years, it is more useful as a comparison base than a one-off sale. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Rental rules should be reviewed alongside the closed-sale statistics because permitted use can influence long-term buyer demand and resale positioning.