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EXCLUSIVE DEVELOPMENT OPPORTUNITY 1830 S Treasure Dr 20 Unit Apartment Building For Sale North Bay Village, FL 33141



Investment Highlights
- Prime Waterfront Prestige: Unobstructed 160 linear feet of open water frontage that cannot be replicated.
- Future Retail Convenience: Just a couple of blocks from the upcoming Publix supermarket (estimated opening in 24 months)
- Strategic Location in the Next Bal Harbour: North Bay Village is rapidly becoming the most desirable address in the heart of the bay.
- Directly across the street from the prestigious AFA Argentine Football Association, adding immediate international cachet and prestige to the site.
- An exclusive opportunity for visionary developers seeking a true legacy landmark in one of the city’s most promising emerging enclaves.
Executive Summary
**********Investment Opportunity**************
Seeking full sale of the project or Joint Venture (JV) partner where the principal seller remains involved and holds a minority equity percentage for long-term alignment.
*********This is a land play acquisition, not a cash flow acquisition*******
EXCLUSIVE DEVELOPMENT OPPORTUNITY
Iconic Ultra-Luxury Waterfront Tower North Bay Village
Prime 160 Linear Feet of Direct Biscayne Bay Waterfront | 24,000 SF Parcel Existing 20-Unit Apartment Building
This rare waterfront site is one of the final major development opportunities in North Bay Village, ideally positioned to deliver the area’s most iconic ultra-luxury branded residential tower.
Property Highlights
• 160 linear feet of prime direct Biscayne Bay frontage with sweeping panoramic water views
• 24,000-square-foot development parcel
• Existing 20-unit apartment building providing potential interim cash flow or phased redevelopment
• Strong alignment with the award-winning NBV100 Master Plan — a visionary framework focused on livability, sustainability, resilience, and long-term prosperity
Zoning & Entitlement Opportunity
Current zoning supports redevelopment and allows up to 20 stories as-of-right, with additional density achievable through Transfer of Development Rights (TDR). The selected developer will file for increased density and height entitlements. Additional residential units can be unlocked by acquiring and transferring TDR credits from eligible sending sites within the NBV zoning framework, materially increasing the project’s unit count and value above baseline entitlements. Recent approvals for major high-rise projects in the area confirm strong municipal support for high-quality, resilient luxury developments that advance NBV100 principles.
North Bay Village: Miami’s Next Ultra-Luxury Waterfront Enclave
North Bay Village is rapidly transforming into the region’s premier ultra-luxury destination — often compared to the next Bal Harbour. Momentum is fueled by landmark projects including:
• Sunbeam North Bay Village — the 7.3 million SF mixed-use masterplan featuring nearly 2,000 residences, a hotel, retail, restaurants, offices, and expansive public waterfront parks and promenades (first phase: 39-story Isle of Dreams tower)
• Shoma Bay — mixed-use luxury residences anchored by Publix retail
• Continuum Club & Residences — waterfront club-style living
• Pagani Residences — the world’s first Pagani-branded ultra-luxury development
• Ritz-Carlton Residences by Related Group and Macklowe Properties
Lifestyle & Community Amenities Directly across the street: the new AFA (Argentine Football Association) International Center — a world-class sports complex with illuminated soccer fields, padel courts, and pickleball courts. This premier facility brings vibrant recreational energy and premium lifestyle appeal to the neighborhood.
The site offers exceptional scale and location to create a signature high-rise that defines the evolving skyline, with potential for a private marina and resort-style amenities.
Location Advantages
Centrally located on Biscayne Bay between Miami Beach and the mainland. Immediate access to Bal Harbour Shops, Wynwood, Design District, Miami International Airport, and major highways. Benefits from ongoing infrastructure enhancements under the NBV100 vision, including the new AFA sports complex and the transformative Sunbeam development.
This is a legacy-defining opportunity to shape the future of North Bay Village’s prestigious waterfront skyline.
**********Investment Opportunity**************
Seeking full sale of the project or Joint Venture (JV) partner where the principal seller remains involved and holds a minority equity percentage for long-term alignment.
*********This is a land play acquisition, not a cash flow acquisition*******
Seeking full sale of the project or Joint Venture (JV) partner where the principal seller remains involved and holds a minority equity percentage for long-term alignment.
*********This is a land play acquisition, not a cash flow acquisition*******
EXCLUSIVE DEVELOPMENT OPPORTUNITY
Iconic Ultra-Luxury Waterfront Tower North Bay Village
Prime 160 Linear Feet of Direct Biscayne Bay Waterfront | 24,000 SF Parcel Existing 20-Unit Apartment Building
This rare waterfront site is one of the final major development opportunities in North Bay Village, ideally positioned to deliver the area’s most iconic ultra-luxury branded residential tower.
Property Highlights
• 160 linear feet of prime direct Biscayne Bay frontage with sweeping panoramic water views
• 24,000-square-foot development parcel
• Existing 20-unit apartment building providing potential interim cash flow or phased redevelopment
• Strong alignment with the award-winning NBV100 Master Plan — a visionary framework focused on livability, sustainability, resilience, and long-term prosperity
Zoning & Entitlement Opportunity
Current zoning supports redevelopment and allows up to 20 stories as-of-right, with additional density achievable through Transfer of Development Rights (TDR). The selected developer will file for increased density and height entitlements. Additional residential units can be unlocked by acquiring and transferring TDR credits from eligible sending sites within the NBV zoning framework, materially increasing the project’s unit count and value above baseline entitlements. Recent approvals for major high-rise projects in the area confirm strong municipal support for high-quality, resilient luxury developments that advance NBV100 principles.
North Bay Village: Miami’s Next Ultra-Luxury Waterfront Enclave
North Bay Village is rapidly transforming into the region’s premier ultra-luxury destination — often compared to the next Bal Harbour. Momentum is fueled by landmark projects including:
• Sunbeam North Bay Village — the 7.3 million SF mixed-use masterplan featuring nearly 2,000 residences, a hotel, retail, restaurants, offices, and expansive public waterfront parks and promenades (first phase: 39-story Isle of Dreams tower)
• Shoma Bay — mixed-use luxury residences anchored by Publix retail
• Continuum Club & Residences — waterfront club-style living
• Pagani Residences — the world’s first Pagani-branded ultra-luxury development
• Ritz-Carlton Residences by Related Group and Macklowe Properties
Lifestyle & Community Amenities Directly across the street: the new AFA (Argentine Football Association) International Center — a world-class sports complex with illuminated soccer fields, padel courts, and pickleball courts. This premier facility brings vibrant recreational energy and premium lifestyle appeal to the neighborhood.
The site offers exceptional scale and location to create a signature high-rise that defines the evolving skyline, with potential for a private marina and resort-style amenities.
Location Advantages
Centrally located on Biscayne Bay between Miami Beach and the mainland. Immediate access to Bal Harbour Shops, Wynwood, Design District, Miami International Airport, and major highways. Benefits from ongoing infrastructure enhancements under the NBV100 vision, including the new AFA sports complex and the transformative Sunbeam development.
This is a legacy-defining opportunity to shape the future of North Bay Village’s prestigious waterfront skyline.
**********Investment Opportunity**************
Seeking full sale of the project or Joint Venture (JV) partner where the principal seller remains involved and holds a minority equity percentage for long-term alignment.
*********This is a land play acquisition, not a cash flow acquisition*******
Data Room Click Here to Access
Property Facts
| Sale Type | Investment | Lot Size | 0.55 AC |
| Sale Condition | Redevelopment Project | Building Size | 18,179 SF |
| No. Units | 20 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1957 |
| Apartment Style | Low-Rise | Parking Ratio | 1.05/1,000 SF |
| Building Class | C | ||
| Zoning | RM-40, N Bay Village - Zoning Code: RM-40 - Medium Density Multiple Family Residential District 20-story development achievable today under the NBV100 Master Plan. | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 18,179 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | RM-40, N Bay Village - Zoning Code: RM-40 - Medium Density Multiple Family Residential District 20-story development achievable today under the NBV100 Master Plan. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Tile Floors
- Refrigerator
- Oven
- Range
- Dining Room
Site Amenities
- Property Manager on Site
- Walking/Biking Trails
- Public Transportation
- Walk-Up
- Smoke Detector
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 23-3209-014-0110 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,308,866 |
Property Taxes
Parcel Number
23-3209-014-0110
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,308,866
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EXCLUSIVE DEVELOPMENT OPPORTUNITY | 1830 S Treasure Dr
