786-212-0345
Confidential, North Bay Village, FL for Sale
Apartments - FOR SALE
1/5
null | Request Cap Rate

Confidential
North Bay Village, FL 33141
Treasure Island


HIGHLIGHTS

  • Prime Waterfront Prestige: Unobstructed 225 linear feet of open water frontage that cannot be replicated.
  • Directly across the street from the prestigious AFA Argentine Football Association, adding immediate international cachet and prestige to the site.
  • Future Retail Convenience: Just a couple of blocks from the upcoming Publix supermarket (estimated opening in 24 months)
  • An exclusive opportunity for visionary developers seeking a true legacy landmark in one of the city’s most promising emerging enclaves.
  • Strategic Location in the Next Bal Harbour: North Bay Village is rapidly becoming the most desirable address in the heart of the bay.

OVERVIEW

PRIME BISCAYNE BAY WATERFRONT ASSEMBLAGE 1830, 1840 and 1850 S Treasure Drive | North Bay Village, Florida 36,000 SF CONTIGUOUS WATERFRONT SITE Three adjoining parcels forming approximately 36,000 square feet of contiguous land in one of North Bay Village’s most strategically positioned waterfront locations. 225 LINEAR FEET OF DIRECT BISCAYNE BAY FRONTAGE Substantial open-water frontage with expansive Biscayne Bay views toward Miami Beach and the Miami skyline. RARE THREE-PARCEL ASSEMBLAGE The combination of 1830, 1840 and 1850 S Treasure Drive creates a development footprint materially larger and more flexible than the individual parcels alone. INCOME-PRODUCING DEVELOPMENT CARRY The assemblage is currently improved with 30 multifamily units, providing existing income while a future owner evaluates design, entitlements, financing and optimal development timing. POSITIONED FOR NORTH BAY VILLAGE’S NEXT DEVELOPMENT CYCLE The site is located within a neighborhood undergoing substantial luxury residential transformation driven by branded residences, institutional development capital, new retail and waterfront investment. CONTROL WATERFRONT LAND BEFORE THE TRANSFORMATION IS COMPLETE A purchaser can secure a significant waterfront position today ahead of the completion and resale of the next generation of North Bay Village luxury projects. SCARCE OPEN-WATER DEVELOPMENT FRONTAGE North Bay Village can accommodate new construction, but it cannot create additional Biscayne Bay shoreline. Large contiguous waterfront sites become increasingly difficult to reproduce as redevelopment progresses. STRATEGIC SCALE FOR LUXURY RESIDENTIAL DEVELOPMENT The assembled configuration may provide greater architectural presence, building-placement flexibility, amenity programming, waterfront exposure and overall project scale, subject to zoning and governmental approvals. SURROUNDED BY MAJOR LUXURY INVESTMENT North Bay Village is attracting projects and capital associated with Continuum, Pagani Residences, Related Group / Macklowe, Shoma Bay and the broader NBV100 redevelopment vision. MINUTES FROM MIAMI’S ULTRA-LUXURY WATERFRONT CORRIDOR Strategically positioned near Bal Harbour, Surfside, Bay Harbor Islands, Indian Creek, Miami Beach and the Miami mainland. DIRECTLY ACROSS FROM THE AFA INTERNATIONAL CENTER A distinctive location opposite the Argentine Football Association facility, adding recreational and lifestyle infrastructure immediately adjacent to the site. NEW NEIGHBORHOOD INFRASTRUCTURE New residential, retail and lifestyle development, including Publix at Shoma Bay, is supporting North Bay Village’s transition into a more complete luxury waterfront community. FUTURE DEVELOPMENT OPTIONALITY A purchaser may evaluate applicable zoning rights, density, height, Transfer of Development Rights, waterfront amenities and other development strategies for the combined 36,000 SF site, subject to independent due diligence and governmental approvals. PRICING UPON REQUEST The assemblage is being presented selectively to qualified principals capable of recognizing the strategic value of a large contiguous Biscayne Bay waterfront development position.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

30

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Biscayne Bay Waterfront Assemblage

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

RM-40, N Bay Village

APN/PARCEL ID

23-3209-014-0110

ASK ABOUT THIS PROPERTY

786-212-0345

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786-212-0345

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