The Harbor at North Bay Village

Investment 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, but could be boosted to as high as 312' through the bonus process at the Village. Transferable Development Rights (TDR) allow for the potential to expand to 49 units, subject to TDR bank capacity.

Investment Highlights

• Immediately in front of the 7 million square foot Sunbeam mega mixed use project
• Walking distance to future home of the Ritz Carlton Residences on East Drive
• One block from the world's first Pagani branded tower on West Drive
• Minutes from planned Argentine Football Association sports complex