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28037642
28037643

2 Locations

DM
FL 0704134
MSP Group
CC
FL SL3069720, FL SL3069720x
Blanca Commercial Real Estate, Inc.
SM
3341183
MSP Group, LLC
Listed by MSP Group, Blanca Commercial Real Estate, Inc., MSP Group, LLC
Unpriced
236 days on market
Updated 95 days ago

The Harbor at North Bay Village

Details
Property Type Land
Sub Type Commercial, Residential
Lot Size (SqFt) 23,707
Zoning RM-70

Waterfront Development Opportunity

Marketing description

Miami has solidified its status as a global hub for the ultra-wealthy, who are drawn by its pro-business climate, vibrant culture, and the state’s absence of income tax. This migration has fueled a massive surge in luxury real estate values, particularly for waterfront properties that have become a symbol of prestige and stability. This market phenomenon is now driving unprecedented development in North Bay Village, a prime location for those seeking to capitalize on Miami’s growth.

This offering represents a generational opportunity to acquire a premier waterfront development site in North Bay Village, a three-island enclave situated between mainland Miami and the world-famous sands of Miami Beach. The Village’s central location, tranquil setting, and forward-thinking 2020 zoning code—which allows for taller structures and higher densities—have ignited a development renaissance, attracting over $2 billion in new projects. As demand for luxury residences along Miami’s coastline continues to outpace supply, this site is perfectly positioned to deliver a landmark waterfront destination and capture significant value.

The Harbor at North Bay Village represents a prime redevelopment opportunity amid the transformative wave sweeping through North Bay Village. Currently home to two aging buildings with 29 condo units, this waterfront property is strategically positioned for a visionary developer to capitalize on Miami’s ongoing ascent as the ultimate destination for the world’s elite. At elevation, mid- and upper-floor units will enjoy expansive panoramas from downtown Miami to Sunny Isles, while the neighborhood’s ongoing gentrification, enhanced by public amenities like the future Island Walk promenade, promises robust appreciation and a sophisticated, self-sustaining community.

Investment highlights

  • Site Area: 23,707 square feet (0.54 acres)

  • Current Zoning: RM-70

  • As-of-Right Development: 38 units with a maximum height of 150 feet

  • Transferable Development Rights (TDR): Potential to expand to 50 units with a maximum height of 195 feet (subject to TDR bank capacity)

  • Frontage on Water: +/- 180 linear feet on Biscayne Bay with existing boat pier

  • Views: Wide bay views looking east with panoramas from downtown Miami to Sunny Isles Local

  • Amenities: A short walk along the future Island Walk promenade to amenities promised by the Sunbeam mega-project

Listing Contacts

DM
FL 0704134
MSP Group
CC
FL SL3069720, FL SL3069720x
Blanca Commercial Real Estate, Inc.
SM
3341183
MSP Group, LLC
Listed by MSP Group, Blanca Commercial Real Estate, Inc., MSP Group, LLC

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Zoning

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RM-70 ResidentialMulti FamilyMultiple Family Residential
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Deme Mekras
License
0704134
Brokerage Phone
786-671-0149
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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