The Harbor at North Bay Village

The Harbor at North Bay Village

Addresses: 7909-7911 East Drive, North Bay Village, FL 33141

Site Area: +/- 23,707 SF

ZONING: RM-70

Miami has solidified its status as a global hub for the ultra-wealthy, who are drawn by its pro-business climate, vibrant culture, and the state’s absence of income tax. This migration has fueled a massive surge in luxury real estate values, particularly for waterfront properties that have become a symbol of prestige and stability. This market phenomenon is now driving unprecedented development in North Bay Village, a prime location for those seeking to capitalize on Miami’s growth.

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

The Harbor at North Bay Village 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.

Investment Highlights:

• Rare Waterfront Development Opportunity

• +/- 180 Linear Feet on Biscayne Bay

• Zoned RM-70, With Possible Density and Height Bonuses Via TDRs

• Walkable Location to Proposed Sunbeam Megaplex

• Unmatched Views and Island Exclusivity

• Existing Boat Pier with Expansion Potential