224-479-0868
NE 164th St & NE 19th Ave, North Miami Beach, FL for Sale
Apartments - FOR SALE
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NE 164th St & NE 19th Ave
North Miami Beach, FL 33162
Fulford Bythe Sea


HIGHLIGHTS

  • NE 164th Street and NE 19th Avenue is a shovel-ready North Miami development site with a fully entitled 37,281 square feet and utilities in place.
  • Approved for a 19-story branded tower, Skygarden will feature 341 luxury units, four retail spaces, and 402 parking spots across 508,674 square feet.
  • Designed as a five-star resort-style residence, amenities include open-air gardens, yoga studios, a pet hotel, spa spaces, and social lounges.
  • Walkable location holds a 92 walk score and offers seamless access to Interstate 95, airports, seaports, and transit lines within a 10-mile radius.
  • Minutes from Aventura Mall, Biscayne Boulevard, Sunny Isles Beach, and anchored by schools and retailers like Walmart, Aldi, and Marshalls.
  • Positioned in a fast-growing area with $2 billion in consumer spending and a strong renter base, Skygarden is set to lead North Miami’s luxury scene.

OVERVIEW

Skygarden Apartments is a premier development opportunity offering a fully entitled 37,281-square-foot site with utilities in place, ready for immediate vertical construction. Approved for a transformative 19-story branded multifamily tower, the project is designed to include 341 luxury rental residences, four ground-floor retail units, and 402 dedicated parking spaces, totaling 508,674 square feet. The visionary design blends the elegance of a five-star resort with the function of high-end urban living. Future residents and visitors will enjoy a suite of lifestyle-driven amenities, including open-air gardens, yoga studios, running tracks, a beauty center, pet hotel, curated landscaping, and social spaces, redefining the standard of luxury living in North Miami Beach. As the region’s first branded multifamily project of its kind, Skygarden offers a rare opportunity to deliver an iconic living experience in one of South Florida’s most dynamic submarkets. Perfectly situated at the intersection of NE 163rd Street and NE 19th Avenue, Skygarden is in a walker's paradise with a 92 walkability score and unmatched proximity to major transit lines. The property is just minutes from key destinations including Aventura Mall, Sunny Isles Beach, and Biscayne Boulevard, with Florida’s four major international airports and seaports located within a 10-mile radius. The area is anchored by a strong educational network comprising six high schools and five universities, providing a robust tenant pool and consistent demand for high-quality rental housing. The surrounding area features a vibrant retail landscape, such as Walmart, The Home Depot, Marshalls, Aldi, and more. Including national chains and local boutiques, they cater to the day-to-day needs of residents and enhance the overall quality of life. North Miami is at the heart of a powerful transformation, sitting directly in the path of Miami’s expanding luxury real estate frontier. With a population nearing 250,000, more than half of whom are renters, and over $2 billion in annual consumer spending within 3 miles. Supportive zoning, continued infrastructure upgrades, and a surge of developer interest are rapidly reshaping the skyline and enhancing long-term value. Bankruptcy Sale: USBC Southern District of Florida. Petition No: 1:25-bk-11136-LMI

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

341

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Skygarden Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

19

YEAR BUILT

2026

PARKING SPACES

402

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

B-2

APN/PARCEL ID

07-2216-001-0640

ASK ABOUT THIS PROPERTY

Stephen MaduraHilco Real EstateMore Info
224-479-0868

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Stephen MaduraHilco Real EstateMore Info
224-479-0868

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