www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31413070
31413069

Confidential, North Bay Village, FL 33141

Allan Tahar R.E. Broker
Listed by Allan Tahar R.E. Broker
Unpriced
65 days on market
Updated 56 days ago

Prime development opportunity

Details
Property Type Land
Sub Type Residential
Lot Size (SqFt) 24,000
Parking Spaces 19 spaces

Development Opportunity – | Seeking Experienced Developer for Sale or JV

Marketing description

PRIME DEVELOPMENT OPPORTUNITY FOR A SIGNATURE BRANDED ULTRA-LUXURY WATERFRONT TOWER

Prime 150 Linear Feet of Direct Biscayne Bay Waterfront 24,000 SF Parcel | Existing 20-Unit Apartment Building

This rare waterfront site is 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

    • 150 linear feet of prime direct Biscayne Bay frontage with sweeping panoramic water views
    • 24,000-square-foot development parcel
    • Existing 20-unit apartment building providing potential interim cash flow or phased redevelopment
    • Strong alignment with the award-winning NBV100 Master Plan — a visionary framework focused on livability, sustainability, resilience, and long-term prosperity

Zoning & Entitlement Opportunity Current zoning supports redevelopment. The selected developer will file for increased density and height entitlements. Recent approvals for major high-rise projects in the area confirm strong municipal support for high-quality, resilient luxury developments that advance NBV100 principles.

North Bay Village: Miami’s Next Ultra-Luxury Waterfront Enclave North Bay Village is rapidly transforming into the region’s premier ultra-luxury destination — often compared to the next Bal Harbour. Momentum is fueled by landmark projects including:

    • Sunbeam North Bay Village — the 7.3 million SF mixed-use masterplan featuring nearly 2,000 residences, a hotel, retail, restaurants, offices, and expansive public waterfront parks and promenades (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: the new AFA (Argentine Football Association) International Center — a world-class sports complex with illuminated soccer fields, padel courts, and pickleball courts. This premier facility brings vibrant recreational energy and premium lifestyle appeal to the neighborhood.

The site offers exceptional scale and location to create a signature high-rise that defines the evolving skyline, with potential for a private marina and resort-style amenities.

Development Terms

    • Offered strictly for development/redevelopment
    • Inquiries invited exclusively from qualified developers with proven track record in high-rise ultra-luxury projects
    • Owner 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. Immediate access to Bal Harbour Shops, Wynwood, Design District, Miami International Airport, and major highways. Benefits from ongoing infrastructure enhancements under the NBV100 vision, including the new AFA sports complex and the transformative Sunbeam development.

This is a legacy-defining opportunity to shape the future of North Bay Village’s prestigious waterfront skyline.

IG: @signaturewaterfrontmiami

Investment highlights

Development Terms

    • Offered strictly for development/redevelopment
    • Inquiries invited exclusively from qualified developers with proven track record in high-rise ultra-luxury projects
    • Owner 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

IG: @signaturewaterfrontmiami

Listing Contacts

Allan Tahar R.E. Broker
Listed by Allan Tahar R.E. Broker

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591