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Prime Biscayne Bay Waterfront Assemblage Confidential 30 Unit Apartment Building For Sale North Bay Village, FL 33141
Investment Highlights
- Prime Waterfront Prestige: Unobstructed 225 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
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.
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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment | Lot Size | 0.82 AC |
| Sale Condition | Redevelopment Project | Building Size | 36,000 SF |
| No. Units | 30 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1957 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.81/1,000 SF |
| Building Class | C | ||
| Zoning | RM-40, N Bay Village - Zoning Code: RM-40 - Medium Density Multiple Family Residential District Significant development potential under the NBV100 Master Plan. | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.82 AC |
| Building Size | 36,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | RM-40, N Bay Village - Zoning Code: RM-40 - Medium Density Multiple Family Residential District Significant development potential 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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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Prime Biscayne Bay Waterfront Assemblage | Confidential