Ultra-Luxury Branded Residential Tower Development
Development Opportunity – | Seeking Experienced Developer for Sale or JV
Marketing description
PRIME DEVELOPMENT OPPORTUNITY - Signature Branded Ultra-Luxury Waterfront Tower
160 Linear Feet of Direct Biscayne Bay Frontage | 24,000 SF Development Parcel | Existing 20-Unit Apartment Building
This rare waterfront site represents one of the final major development opportunities in North Bay Village, ideally positioned to deliver the area's most iconic ultra-luxury branded residential tower.
Property Highlights
- 160 linear feet of prime direct Biscayne Bay frontage offering sweeping panoramic water views
- 24,000-square-foot development parcel
- Existing 20-unit apartment building providing immediate interim cash flow or potential phased redevelopment
- Strong alignment with the award-winning NBV100 Master Plan, emphasizing livability, sustainability, resilience, and long-term prosperity
Zoning & Entitlement Opportunity
Current zoning supports redevelopment. The selected developer will have the opportunity to file for increased density and height entitlements, with huge potential to increase density and sellable square footage. Following a zoning change, Transfer of Development Rights (TDRs) may also be on the table, unlocking additional unit potential. Recent approvals for major high-rise projects in the area demonstrate strong municipal support for high-quality, resilient luxury developments that advance the NBV100 vision.
North Bay Village: Miami's Next Ultra-Luxury Waterfront Enclave
North Bay Village is rapidly emerging as the region's premier ultra-luxury destination, frequently compared to the next Bal Harbour. This momentum is driven by landmark projects including:
- Sunbeam North Bay Village: 7.3 million SF mixed-use masterplan with nearly 2,000 residences, hotel, retail, restaurants, offices, and expansive public waterfront parks (first phase: 39-story Isle of Dreams tower)
- Shoma Bay: Mixed-use luxury residences anchored by Publix retail
- Continuum Club & Residences: Waterfront club-style living
- Pagani Residences: The world's first Pagani-branded ultra-luxury development
- Ritz-Carlton Residences by Related Group and Macklowe Properties
Lifestyle & Community Amenities
Directly across the street lies the new AFA (Argentine Football Association) International Center, a world-class sports complex featuring illuminated soccer fields, padel courts, and pickleball courts. This premier facility adds vibrant recreational energy and premium lifestyle appeal to the neighborhood.
The site's exceptional scale and location offer the perfect canvas for a signature high-rise that will define the evolving skyline, with strong potential for a private marina and resort-style amenities.
Development Terms
- Offered strictly for development/redevelopment
- Inquiries invited exclusively from qualified developers with a proven track record in high-rise ultra-luxury projects
- Owner is open to strategic partnerships or joint ventures with established branded luxury developers
- Branding concepts and positioning suggestions available from the owner to create a distinctive, market-leading identity
Location Advantages
Centrally located on Biscayne Bay between Miami Beach and the mainland, the property enjoys immediate access to Bal Harbour Shops, Wynwood, Design District, Miami International Airport, and major highways. It also benefits from ongoing infrastructure enhancements under the NBV100 vision.
This is a legacy-defining opportunity to shape the future of North Bay Village's prestigious waterfront skyline.
IG: @signaturewaterfrontmiami
Investment highlights
Development Terms
- Iconic Waterfront Position: 160 linear feet of direct Biscayne Bay frontage on a 24,000 SF development parcel - one of the last major waterfront sites available in North Bay Village for a signature high-rise.
- Immediate Cash Flow + Redevelopment Flexibility: Existing 20-unit apartment building generates interim income while offering options for phased redevelopment or full demolition.
- Entitlement Upside: Current zoning supports redevelopment. Under the NBV100 Master Plan, there is potential for a significant density increase, and with the right developer, a path to secure increased density and height approvals for an ultra-luxury tower. Following a zoning change, Transfer of Development Rights (TDRs) may also be on the table, offering additional unit potential.
- Strong Municipal & Market Momentum: Full alignment with the award-winning NBV100 Master Plan. Recent high-rise approvals demonstrate clear city support for transformative luxury developments in North Bay Village.
- Branded Ultra-Luxury Potential: Perfect scale and location for a signature branded residential tower (Ritz-Carlton, Pagani, Louis Vuitton, or similar). Owner provides branding concepts and positioning support to create a market-leading identity.
- Explosive Area Transformation: Surrounded by major developments including Sunbeam North Bay Village (7.3M SF masterplan), Shoma Bay, Pagani Residences, and Ritz-Carlton Residences — rapidly elevating North Bay Village into Miami’s next ultra-luxury waterfront enclave.
- Premium Lifestyle & Amenities: Directly across from the new AFA International Sports Complex (soccer, padel, pickleball). Strong potential for private marina, resort-style amenities, and panoramic bay views.
- Strategic Partnership Opportunity: Owner open to joint ventures or equity partnerships with established ultra-luxury developers. Flexible structure designed to maximize returns through branding, density, and long-term appreciation.
- Legacy-Defining Project: Rare chance to deliver a landmark tower that will define North Bay Village’s skyline and generate exceptional long-term value in one of Miami’s fastest-appreciating waterfront submarkets.
IG: @signaturewaterfrontmiami
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