786-671-0149
7909-7911 East Drive, North Bay Village, FL for Sale
Residential LAND - FOR SALE
1/1
23,705 SF

7909-7911 East Drive
North Bay Village, FL 33141
North Bay Island


HIGHLIGHTS

  • 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)
  • Local Amenities: A short walk along the future Island Walk promenade to amenities promised by the Sunbeam mega-project
  • Views: Wide bay views looking east with panoramas from downtown Miami to Sunny Isles

OVERVIEW

The Harbor Condo site 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. The current zoning (RM-70) allows for an as-of-right development of 38 units with a maximum height of 150 feet. Transferable Development Rights (TDR) allows for potential to expand to 50 units with a maximum height if 195 feet, subject to TDR bank capacity. 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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

The Harbor Condo

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units - Condo

LAND ACRES

0.54 AC

LAND SF

23,707 SF

OFFSITE IMPROVEMENTS

-

ZONING

RM-70

APN/PARCEL ID

23-3209-034-0001

ASK ABOUT THIS PROPERTY

Deme MekrasMSP Group LLCMore Info
786-671-0149

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Deme MekrasMSP Group LLCMore Info
786-671-0149

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.