Kobi Karp-Designed The Cove Residences, A Waterfront Collection, To Offer In-Home Concierge Medical Care to Residents

The Cove Residences, the 40-story boutique waterfront condominium rising in Miami’s Edgewater neighborhood, has announced a partnership with Healthcare on Demand, a premium healthcare concierge program designed to bring personalized medical care directly into residents’ homes. Powered by Healthcare On Demand, the new white-glove offering provides physician house calls, diagnostics and testing, recovery treatments and prescription delivery seven days a week. Included as part of ownership, the service will be available to residents at no additional membership cost as soon as residents move in. As luxury buyers increasingly prioritize health as an essential component of everyday living, the new program elevates the residential experience with proactive, modern wellness, further enriching The Cove Residences' exclusive waterfront lifestyle.

“Luxury living is evolving, and buyers are placing greater value on services that support their health,” said Joseph Stern, Co-Founder and Principal at SB Development, who is developing the project alongside Hazelton Capital Group. “At The Cove Residences, we wanted to create a lifestyle that feels effortless and deeply connected to wellbeing. Bringing healthcare into the home gives residents a level of access and peace of mind that goes far beyond a traditional amenity.”

Envisioned as a seamless approach to personal health, the new Healthcare On Demand concierge delivers rare convenience to owners of the tower’s 134 one- to four-bedroom residences. The healthcare concierge is tied to each residence rather than a specific individual, so owners, family members and guests will be able to access the included services within the home. At a time when coordinating medical appointments often requires significant advance planning, residents can access the highest standards of professional care without any scheduling stress, waiting rooms or unnecessary travel. Services include all facets of medical care, from pediatrics to women’s health, diagnostics like rapid labs, bloodwork X-rays and ultrasounds, as well as wellness and performance treatments such as IV therapy, vitamin boosts, anti-aging programs and joint recovery.

“Wellness is no longer limited to a gym or spa. It has become part of the way people evaluate their homes, their routines and their quality of life,” said Adam Westreich, Principal at Hazelton Capital Group. “The healthcare concierge at The Cove Residences is about giving residents the ability to prioritize their health without disrupting their lives. It is personal, private and available when they need it.”

The introduction of the on-call healthcare service reflects a broader shift toward wellness-driven living, a concept that The Cove Residences also embraced for its design and expansive amenity collection. The development features a state-of-the-art fitness center, yoga room, spa with cold plunge, massage rooms, hammam and sauna, outdoor meditation and Zen Garden, resort-style infinity pool, private cabanas and direct Baywalk access.

Outside of the wellness programming, residents will have access to a full suite of lifestyle amenities designed for work, entertaining and daily ease, including a business center with co-working space, reception and conference rooms, private offices, a theater room, private dining room with chef’s kitchen, game and billiards room, owner’s lounge with wine storage and children’s playroom. Rooftop summer kitchens with grills and seating, a waterside restaurant, water sports dock, pet spa, and valet parking with electric vehicle charging capability will further support a connected, service-oriented residential experience.

Located at 496 NE 29th Street, The Cove Residences is a leading Miami development featuring spacious residences with floor-to-ceiling glass, impressive wrap-around terraces, and interior finishes that emphasize natural textures and materials, blending indoor and outdoor living. With architecture by Kobi Karp Architecture and interiors by Dieguez Fridman Design, the homes provide both park and direct water frontage, sitting just 25 feet from the seawall. Pricing at The Cove Residences starts at $795,000. Completion is expected in 2028.

Douglas Elliman Development Marketing is exclusively handling sales and marketing at The Cove Residences.

Renderings via Metaform, a division of Conway

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Cipriani Residences Miami Tops Off Construction, Surpasses 80% Sold Ahead of Summer 2027 Delivery

Cipriani Residences Miami, the Cipriani brand's first ground-up residential development in North America, has officially topped off construction, reaching its full height of approximately 950 feet and marking a major milestone ahead of its anticipated Summer 2027 delivery.

Miami’s skyline has been fast changing with the other tallest completed towers including Aston Martin Residences rising 817’, One Thousand Museum by Zaha Hadid Architects rising 706’, and Paramount Miami Worldcenter rising 700’. Under construction in Brickell is The Residences at 1428 Brickell which will rise 861’; and, in Downtown Miami are The Waldorf Astoria Hotel & Residences Miami, which will be Miami’s first completed supertall with construction closing in on 1,049’, and Okan Tower which will rise 902’.

Now more than 80% sold, the 85-story landmark has attracted buyers from more than 30 countries across the Northeastern United States, the West Coast, Latin America and Europe, reinforcing both the enduring global appeal of the Cipriani brand and Miami's position as one of the world's premier destinations for high-end real estate investment and residency.

With the tower now at full height, construction remains on schedule for Summer 2027 occupancy, making Cipriani Residences Miami one of the only ultra-luxury residential towers in Brickell expected to deliver this coming year.

"For nearly a century, our family, inspired by our Italian heritage and traditions, has welcomed people from around the world with the same philosophy: to create places where elegance, service and hospitality come naturally," said Giuseppe Cipriani. "I am excited to see this spirit continue through Cipriani Residences Miami. It is not simply a residential tower, but a home where people can experience the comfort of simple pleasures, timeless style and effortless living."

The topping off represents more than a construction milestone. It reflects Miami's continued emergence as one of the world's leading destinations for global wealth and long-term investment. Buyers have come from more than 30 countries, with particularly strong demand across the Northeastern United States, the West Coast, Latin America and Europe, as well as established Cipriani markets including London, Milan, Monte Carlo and Mexico. Increasingly, purchasers are choosing Miami as a primary residence rather than a seasonal destination, underscoring the city's evolution into a global financial and cultural capital.

"This milestone represents far more than reaching the top of the tower. It reflects the continued evolution of Miami as one of the world's premier destinations for high-end real estate," said Camilo Miguel Jr., Founder and CEO of Mast Capital. "As we celebrate reaching full height and surpassing 80 percent in sales, we continue to see extraordinary validation from buyers around the world who recognize the exceptional quality of what we have created alongside our partners. Cipriani Residences Miami embodies our vision of delivering a truly world-class residential experience where exceptional design, legendary hospitality and disciplined execution come together to establish a new benchmark for luxury living."

Designed by Arquitectonica with interiors by 1508 London, Cipriani Residences Miami brings nearly a century of Italian hospitality into a collection of 397 residences inspired by the legendary service and understated elegance that have defined the Cipriani family since Harry's Bar first opened in Venice in 1931.

Residents will enjoy more than 50,000 square feet of private amenities, including signature Cipriani dining experiences, a resort-style pool deck, wellness facilities, a holistic spa, private screening room, children's play spaces, business lounges and the exclusive 37th-floor speakeasy overlooking Biscayne Bay.

"Reaching the top of the structure is a significant achievement because it brings buyers one step closer to taking ownership of their homes," said Scott Moss, CEO of Moss Construction. "Constructing one of the tallest residential towers in the country requires extraordinary coordination, engineering expertise and craftsmanship. Every milestone reflects the commitment of hundreds of professionals working together to deliver a building that will define Miami's skyline and set a new benchmark for residential construction. With occupancy beginning next summer, buyers can now see that vision becoming reality."

As the brand's first ground-up residential development in North America, Cipriani Residences Miami represents the evolution of nearly a century of hospitality into a permanent residential offering. Combined with Miami's continued emergence as one of the world's foremost destinations for international business and global wealth, the development has established itself as one of the city's defining residential addresses.

Occupancy is anticipated in Summer 2027. Sales and marketing for the project are exclusively represented by Fortune Development Sales. Residences are priced from $1.8 million, with The Canaletto Collection beginning at $4.1 million.

Renderings via The Boundary

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First Condo Listing in Miami Design District Hits The Market For $9.985 Million at Fouquet's Hotel & Residences, Miami Design District

The first condominium residence in the Miami Design District has hit the market for nearly $10 million. Unit 2101 Fouquet's Hotel & Residences, Miami Design District has officially been listed for sale, marking a milestone for the new luxury mixed-use development. Priced at $9.985 million, the listing offers buyers the first opportunity to purchase within what will become the first-ever residential development in the Miami Design District.

The listing marks the first residence within the development to officially come to market. The project will also introduce the iconic Fouquet's hospitality brand's first residential development in the United States, bringing the renowned Parisian luxury lifestyle to one of the country's fastest-growing luxury neighborhoods.

The four-bedroom, four-and-a-half-bath residence spans nearly 3,000 square feet and includes an additional den, expansive indoor-outdoor living areas, floor-to-ceiling glass and a large private terrace. Owners will also receive access to the full collection of services and amenities offered through the adjoining five-star Fouquet's hotel.

Developed by Miami Design District Associates (MDDA) in partnership with Raycliff Capital, Fort Partners and Constellation Hotels Holding Ltd., the mixed-use project will introduce both the neighborhood's first luxury private residences and its first luxury hotel. The arrival of Fouquet's is expected to serve as both a hospitality centerpiece and cultural anchor for the Miami Design District, creating a hospitality-driven residential experience in one of Miami's premier shopping, dining and cultural destinations.

Designed by Pritzker Prize-winning architect David Chipperfield of David Chipperfield Architects, the development pairs contemporary European architecture with interiors by RDAI, the Paris-based design studio internationally recognized for designing Hermès boutiques around the world. Together, the architectural and interior design teams aim to create a refined residential environment centered on timeless materials, natural light and understated luxury.

The development will feature 143 private condominium residences within a striking 25-story residential tower, connected to an adjacent 12-story hotel containing 85 guest rooms. Fouquet's will operate both the hotel and the residential component, bringing its signature hospitality model to homeowners through concierge services, curated programming, personalized experiences and hotel-style management.

Residents will enjoy approximately 40,000 square feet of amenities, including a rooftop swimming pool, state-of-the-art fitness center, golf simulator, spa, juice bar, salon and an extensive collection of wellness offerings. The hotel will also lead the property's food and beverage program, introducing five distinct dining concepts inspired by Fouquet's celebrated culinary portfolio, further integrating the hotel's hospitality experience into everyday residential living.

The project marks another milestone for the renowned French luxury brand. Founded in 1899 on Paris's famed Champs-Élysées, Fouquet's has grown into one of the world's premier hospitality names, with luxury properties in destinations including Paris, New York, Saint-Barth and Courchevel. The Miami Design District development will become the brand's second hotel in the United States, following the opening of Fouquet's New York in 2022, while also representing its first residential development in the U.S.

Situated at 39 NE 39th Street, the nearly two-acre property places residents in the heart of the Miami Design District, surrounded by internationally recognized luxury fashion houses, acclaimed restaurants, contemporary art galleries and public art installations. The location also provides convenient access to Wynwood, Brickell, Miami Beach and Miami International Airport, positioning residents within minutes of many of South Florida's leading cultural, business and entertainment destinations.

Corcoran Sunshine Marketing Group is serving as the exclusive sales and marketing firm for Fouquet's Hotel & Residences, Miami Design District. The listing of the project's first available residence provides an early look at what will become the Miami Design District's first residential development, combining internationally recognized design, branded hospitality and luxury residential living in one of Miami's most dynamic neighborhoods.

Renderings via Mr. P Studios & RDAI

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Selling Globally: Using Technology to Access International Real Estate Demand

Real estate has always had a global audience, but access has historically been limited by geography, timing, and process. Today, that dynamic has shifted. International buyers are more informed, more selective, and increasingly comfortable transacting remotely. What was once a relationship-driven, in-person process is now being redefined by digital access and immediacy. PropTech is at the center of this shift, giving developers and sales teams the ability to reach, engage, and convert buyers anywhere in the world.

The opportunity is significant. Markets like New York City, Miami, Dubai and Toronto have long attracted international interest, but that demand has taken on new importance in today’s environment. Global buyers can act as a stabilizing force when local markets slow, bringing in diversified capital driven by lifestyle goals, long-term investment strategies, or currency advantages. For new development projects, expanding beyond a local buyer pool is no longer a bonus, it is a necessity.

Historically, reaching these buyers came with challenges. Physical sales galleries limited access to those who could be present. Time zone differences slowed communication. Inventory and pricing were not always transparent or easily accessible. Transactions often required layers of manual coordination, adding friction to an already complex process. These barriers made it difficult to effectively engage international prospects, let alone convert them.

PropTech has fundamentally changed that equation. Today, buyers can explore projects at any time, from anywhere, through centralized digital platforms like BLACKLINE. Real-time inventory and pricing provide clarity and confidence, while digital contract generation and secure deposit systems streamline the path to purchase. The reliance on physical presence has been replaced with a model that prioritizes accessibility, speed, and transparency. For developers and sales teams, this means the ability to operate continuously, without the constraints of geography.

Equally important is the experience itself. For international buyers, confidence is built through clarity and immersion. The traditional sales gallery has evolved into a digital environment where high-quality renderings, interactive digital twin models, and virtual walkthroughs bring a project to life. These tools are not simply visual enhancements, they are essential in helping buyers understand space, context, and value from a distance. A well-executed digital experience ensures that the story of a development remains consistent, regardless of where the buyer is engaging from.

Behind the scenes, data plays a critical role. Modern CRM systems allow teams to track every interaction, from initial inquiry to final purchase, across multiple regions. This level of visibility provides insight into buyer behavior, preferences, and intent. It enables more targeted outreach, more relevant communication, and ultimately, more efficient sales strategies. Digital marketing channels can then be layered on top, allowing teams to reach specific international audiences with precision, rather than relying on broad, unfocused campaigns.

The competitive advantage is clear. Developers and sales agencies that embrace PropTech are able to move faster, operate more efficiently, and extend their reach far beyond traditional boundaries. They are no longer limited by physical infrastructure or local demand. Instead, they are positioned to meet buyers where they are, with the tools and information needed to make confident decisions.

The shift from local to global selling is already underway. PropTech is not an added layer to the sales process, it is becoming the foundation. As the industry continues to evolve, we are seeing developers go all in on these platforms to create a borderless approach to capture the next wave of international demand.

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Blue Road and Ilia Development Group's The William Residences Hits 35% Sold in North Miami Beach Participating in EB-5 Program

The William, a 374-unit, 26-story residential tower in North Miami Beach developed by Blue Road and Ilia Development Group, with sales and marketing led by Fortune Development Sales, has achieved 35% sold since launching sales in late Q3 2025. Situated at 2040 NE 163rd Street, the project continues to gain traction for its new construction offering, lifestyle-driven amenities, central location and international appeal.

The sales progress comes as buyers and investors are becoming more intentional about where they commit capital, looking for markets where connectivity, livability and relative value can support long-term appreciation. As limited availability and rising prices continue to define Miami’s most established neighborhoods, attention is shifting toward North Miami Beach, an area that has evolved into a coveted lifestyle destination.

“This milestone confirms what we believed from the beginning: buyers are ready to look at North Miami Beach differently,” said Jorge Savloff, founder and CEO of Blue Road. “The city has the access, lifestyle and momentum people are seeking, and The William is helping define what this next chapter can look like. Reaching 35% sold shows that buyers recognize the opportunity to be part of that growth early.”

The project spans a broad buyer base, from domestic purchasers seeking a more approachable path into Miami to international investors, particularly from Latin America, drawn to its EB-5 investment opportunity. Residences are priced starting in the mid $400,000s, providing a rare entry point into a new development elevated by world-class design.

“The William’s momentum stands out at a time when condo buyers are being highly selective,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The interest we are seeing from Colombia, Argentina and Mexico speaks to the continued strength of international demand for Miami, particularly when buyers see a compelling investment opportunity in properties that offer new construction, excellent connectivity, and strong long-term growth potential.”

Residences at The William range from studios to three-bedroom floor plans spanning 552 to 1,412 square feet, with sweeping balconies and floor-to-ceiling windows that bring light, views and outdoor living into the everyday experience. Interiors offer imported porcelain flooring throughout, setting a refined foundation for daily living. Kitchens bring together form and function with custom Italkraft cabinetry in a warm tobacco walnut finish, accented by tinted glass doors, brushed black chrome fixtures by Hansgrohe, quartz countertops with seamless backsplashes, and a fully integrated suite of Bosch appliances. Bathrooms echo this attention to detail with contemporary Italkraft cabinetry, quartz surfaces, porcelain tile walls and flooring, and Hansgrohe fixtures.

More than 40,000 square feet of amenities across the tower are designed around everyday living. Offerings include a resort-style pool and sun deck, fitness and wellness facilities, spa treatment rooms, outdoor dining and lounge areas, co-working and café spaces, a children’s playroom and playground, and rooftop gathering areas featuring a pickleball court, courtside lounge and sweeping views of Biscayne Bay and the Atlantic Ocean.

Architecture is led by internationally renowned Carlos Ott in collaboration with Behar Font & Partners, with interiors by Miami-based Urban Robot. Together, the design team brings a high-caliber residential vision to North Miami Beach, pairing a striking louvered façade with warm, contemporary interiors and shared spaces.

Positioned between I-95 and the Atlantic Ocean, The William places residents at the center of it all. Aventura Mall and Bal Harbour Shops, Oleta River State Park, golf courses, marinas, and world-class healthcare are minutes away, while access to I-95, SR-826, two international airports, and the Brightline Aventura station ensure effortless regional and global travel.

The William’s sales gallery is located at 16251 West Dixie Hwy, North Miami Beach.

Renderings via The William Residences / Blue Road

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Kempinski Residences Miami Design District Reveals New Interior and Amenity Renderings

Kempinski Residences Miami Design District has revealed new renderings showcasing both interiors and more amenity spaces, including the twin pool decks, yoga lawn, porte cochère arrival and the fourth-floor sky bridge connecting the two towers, one of the more unusual architectural moves in the project.

Kempinski Group is Europe’s oldest independent luxury hotel company, with the development representing Kempinski Group’s first branded residential project in the United States. Developed by DaGrosa Capital Development Partners LLC, Kempinski Residences Miami Design District is located at the gateway to the Miami Design District, at 3801 and 3883 Biscayne Boulevard.

Kempinski Residences Miami Design District is designed by Arquitectonica with interiors by Rockwell Group and landscape architecture by Enea. The project will feature 132 private residences across two 20-story towers, along with six townhomes and 17 guest suites exclusively for sale to residents. The residences will range from two to four bedrooms, with interiors measuring approximately 2,100 to 3,100 square feet and total living areas of up to 3,700 square feet. Expansive terraces will offer sweeping views of Biscayne Bay and the Downtown Miami skyline.

Amenities will span both towers, connected by an elevated fourth-floor amenity bridge. Wellness offerings will include a fitness center, spa and recovery zones, lap pool, cold plunge, infrared and steam saunas, and outdoor training areas. Social amenities will feature a restaurant with terrace seating, dining salons, a library with wine and game lounges, a screening room, and golf and Formula 1 simulator rooms. Family-focused spaces will include children's playrooms, splash pads, shaded play areas, and a padel court, surrounded by landscaped grounds and electric-vehicle charging stations.

Completion of the project is slated for Q4 2029. Sales are overseen by ISG World.

Renderings via ARX Creative

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Kobi Karp-Designed Edge House Miami Completes Foundation Pour, Begins Vertical Construction in Edgewater

Edge House Miami, the 57-story luxury residential tower rising in Miami's rapidly evolving Edgewater neighborhood, has reached a major construction milestone with the completion of its foundation pour, setting the stage for the project to begin its vertical ascent over the Biscayne Bay skyline.

Developed by internationally recognized Grupo T&C, the achievement represents one of the most significant phases of the construction process and underscores the continued momentum behind the Edge House, which is currently under active construction at 1837 NE 4th Avenue. Led by Thornton Construction Company, the foundation pour required more than 7,000 cubic yards of concrete delivered by over 700 concrete trucks during a continuous 30-plus-hour pour.

"This is an incredibly proud moment for our entire team," said William Ticona, General Manager of Grupo T&C. "For more than two decades, Grupo T&C has delivered residential communities throughout Peru, and Edge House represents an important part of our long-term vision in Miami. We are excited to continue expanding our presence in one of the world's most dynamic real estate markets."

Designed by internationally renowned architect Kobi Karp with interiors by Adriana Hoyos Design Studio, Edge House Miami is a luxury home-sharing condominium designed for flexible ownership to meet the needs of today's global buyer. Upon completion, the tower will deliver 608 fully furnished residences, including studios, one-, two-, and three-bedroom layouts, many featuring lockout configurations that provide owners with additional flexibility for personal use and rental opportunities.

"This is a significant step forward that transitions Edge House from a vision into a tangible landmark on the Miami skyline," said Jay Phillip Parker, CEO of Brokerage, Douglas Elliman’s Florida Region and President of Douglas Elliman Development Marketing, Florida. "The demand for sophisticated, flexible-ownership properties in Edgewater has never been higher. Today's global buyers want world-class design and turnkey convenience, and Edge House delivers exactly that in one of the city's most desirable waterfront neighborhoods."

The project's robust amenity offering includes a resort-style pool deck, wellness and fitness facilities, co-working and collaboration spaces, a professional-grade podcast studio, golf putting green, kids playground, owners' lounges, and hospitality-inspired services designed to support modern lifestyles.

The news comes as Edgewater continues to establish itself as one of Miami's fastest-growing residential neighborhoods, with billions of dollars in new development underway along Biscayne Bay. Once viewed primarily as a connector between Downtown, Midtown, Wynwood, and the Design District, the neighborhood has emerged as a residential destination, attracting a new generation of luxury and branded developments.

Douglas Elliman Development Marketing is the exclusive sales and marketing representative for Edge House Miami. Units are competitively priced, starting in the $550,000s, with completion anticipated in the fourth quarter of 2028.

Construction images via ARVA Studio | Renderings via Edge House Miami

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Allen Morris Co. Completes Demolition at Ponce Park Coral Gables, Set to Open New On-Site Sales Gallery

Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has completed demolition at the future site of Ponce Park Coral Gables, paving the way for the start of site work and vertical construction. A newly rebuilt sales gallery to the same quality and standard as the original is set to open on-site in the coming weeks. With construction underway completion is anticipated in early 2028.

The demolition follows a December groundbreaking and closing of a $132.5 million construction loan from Bank OZK for Ponce Park, an ultra-luxury condominium development in the heart of Coral Gables that will redefine boutique luxury living. Located at 3000 Ponce de Leon Blvd., at the intersection of Ponce de Leon Blvd. and University Drive, Ponce Park will introduce world-class retail and residential offerings that honor Coral Gables’ Mediterranean roots through contemporary design.

The 11-story tower offers 58 bespoke two- to five-bedroom residences ranging from 1,900 to more than 6,500 square feet. At ground level, the development will introduce 25,000 square feet of curated retail anchored by a world-class restaurant, all just steps from The Plaza Coral Gables and Miracle Mile.

Designed by John Cunningham with interiors by the internationally acclaimed Meyer Davis, each home will feature 11- to 12-foot ceilings, private elevators, Italian-crafted kitchens, expansive terraces with summer kitchens and interiors that blend modern refinement with classic European-inspired details. The project also features landscape design by Naturalficial.

Residents will enjoy access to a suite of amenities including a rooftop pool, sky bar, artisanal cafe, spa and serene meditation courtyard, fitness studio and a private rooftop lounge offering panoramic views of the Southeast Gables. Acclaimed Madrid dining institution Quintín Ultramarinos from Grupo Paraguas will open at the project in 2028.

As part of its commitment to enhancing the surrounding community, Allen Morris Co., in partnership with the City of Coral Gables, is undergoing a $11 million renovation of Ponce Circle Park next door to the project, which will transform the neighborhood streetscape.

The residential component, exclusively represented by ONE Sotheby’s International Realty, offers pricing starting at $3.1 million.

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Images via Allen Morris Company

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Development Spotlight: Tula Residences North Bay Village

Few emerging waterfront communities in South Florida are experiencing as much transformation as North Bay Village. Positioned between Miami and Miami Beach, the three-island community is quickly evolving into one of the region's next luxury residential destinations, attracting a new generation of boutique waterfront developments.

Among the projects helping define that evolution is Tula Residences, a refined collection of just 54 luxury homes overlooking Biscayne Bay. Developed by Bayshore Grove Capital in partnership with Pacific & Orient Properties, the 21-story tower combines contemporary architecture, expansive corner residences, and wellness-focused amenities within an intimate waterfront setting. As construction progresses, Tula represents both the resurgence of a long-anticipated project and the continued emergence of North Bay Village as one of South Florida's most compelling luxury real estate markets. The tower is already under construction with an expected completion in 2027.

Project Overview

As North Bay Village enters a new era of waterfront redevelopment, Tula Residences is helping define its future. Rising directly on Biscayne Bay at 7918 West Drive, the boutique condominium introduces 54 luxury residences within a thoughtfully designed 21-story tower that blends privacy, architecture, and wellness-focused living.

Developed by Bayshore Grove Capital in partnership with Pacific & Orient Properties, Tula is one of the first new luxury condominium developments to move forward in North Bay Village in more than a decade. With construction actively underway, the project represents an important milestone in the transformation of the three-island community into one of South Florida's emerging luxury waterfront destinations.

Why It Matters

North Bay Village has quietly become one of South Florida's most closely watched redevelopment markets. Positioned between Miami and Miami Beach, the island community offers waterfront living with exceptional accessibility while remaining significantly more intimate than many neighboring luxury markets.

Tula arrives at a pivotal moment for the neighborhood, introducing boutique-scale luxury residences that emphasize spacious floor plans, expansive outdoor living, and panoramic Biscayne Bay views. As one of the first new condominium developments to advance during the area's renaissance, the project is helping establish a new benchmark for residential design and quality in North Bay Village.

Architecture & Design

Designed by M77R (Matter), Tula embraces contemporary waterfront architecture through soft curves, expansive glass, and sculptural wraparound terraces that maximize views from every residence.

The building's distinctive "corner-only" floor plan ensures abundant natural light and panoramic exposures throughout while creating a more private residential experience with only four residences per typical floor.

Interiors by Shannon Farrell Design feature warm natural materials, refined detailing, and an understated palette inspired by coastal living. Kitchens showcase marble countertops and backsplashes, bespoke millwork, and fully integrated Miele appliances, while primary bathrooms feature sculptural stone finishes, custom vanities, and spa-inspired detailing.

Residences

Tula offers an exclusive collection of just 54 residences, including six penthouses occupying the tower's upper levels. Pricing starts at $1.9 million with sales overseen by Brown Harris Stevens.

Residence highlights include:

• Two-bedroom, two-bedroom plus den, and three-bedroom residences

• Approximately 1,590 to 2,440 square feet

• Six penthouses ranging from approximately 3,700 to 4,140 square feet

• All residences are corner homes

• Expansive wraparound glass terraces

• 10-foot ceilings

• Floor-to-ceiling windows

• Custom European flooring

• Fully integrated Miele appliance packages

• Walk-in laundry rooms

• Panoramic Biscayne Bay, city and ocean views where available

Amenities

Designed around wellness and everyday waterfront living, Tula's amenity collection balances relaxation, entertainment, and hospitality.

Amenities include:

• Resort-style waterfront pool with landscaped deck and private cabanas

• Grand lobby with 24-hour concierge

• Residents' lounge overlooking Biscayne Bay

• Private dining room with warming kitchen

• State-of-the-art fitness center

• Wellness center

• Media room

• Dog spa

• Bayfront promenade access

• Skyline club room and gathering spaces

Location

Located at 7918 West Drive on Harbor Island, Tula enjoys a prime waterfront setting in North Bay Village with direct Biscayne Bay frontage.

Residents are minutes from Miami Beach, Bal Harbour, the Design District, Midtown Miami, Wynwood, Downtown Miami, and Miami International Airport while enjoying a quieter residential setting that has become increasingly attractive to luxury buyers seeking waterfront living with convenient regional access.

Team

Tula Residences is developed by Bayshore Grove Capital, led by Vivian Dimond, in partnership with Pacific & Orient Properties. The project represents the revitalization of a previously stalled development and reflects Bayshore Grove Capital's vision of delivering a boutique luxury waterfront community that complements North Bay Village's ongoing evolution.

Tula Residences features architecture by M77R (Matter), interiors by Shannon Farrell Design, and landscape architecture by H.L. Martin Landscape Architects. Exclusive sales are led by Brown Harris Stevens Development Sales.

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Renderings via Bloom Images

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New Construction Home in Miami's Bay Point Neighborhood Sells For Record-Setting $27.25 Million

Casa Moderne, a newly completed waterfront residence at 790 Lake Road in Miami's exclusive Bay Point neighborhood, has sold for a record $27.25 million. The transaction establishes a new record-setting canal-front price per square foot in Bay Point at $4,284 per square foot, reflecting not only the continued demand for luxury waterfront real estate in Miami, but also how the luxury buyer relocating to the area today is fundamentally different from the buyer from a decade ago. Today’s buyers are not looking for a project—they are looking for certainty. They want exceptional architecture, thoughtful design and a home they can enjoy immediately as their most valuable currency is time.

The transaction was overseen by Ana Teresa Rodriguez, founder and CEO of ATR Luxury Homes Group at Coldwell Banker Realty who listed the property. The buyer was represented by Cyril Matz with Douglas Elliman.

Offered fully furnished, the six-bedroom Casa Moderne includes seven full bathrooms and one powder room and spans 6,361 square feet on a 13,532-square-foot waterfront lot. The move-in ready residence features Bay Point's only grandfathered rooftop terrace with panoramic 360-degree views of Biscayne Bay and the Miami skyline, along with custom millwork, a private dock, an infinity-edge pool with spa, chef's kitchen, elevator, air-conditioned garage and designer furnishings by Minotti and Fendi.

The sale is a testament to a significant appreciation in the property's value over time. Originally acquired in 1976 for approximately $125,000, the property was purchased in 2012 by Adonel Concrete CEO Luis García for $1.9 million as his personal residence. In 2016, García offered the property for sale either as an existing residence for $9.98 million or as a redevelopment opportunity with approved plans for approximately $15 million.

After reassessing the long-term potential of the site, García decided to take the listing off the market, demolish the existing home and pursue a full ground-up redevelopment. The new home was envisioned and creatively directed by ATR Concepts, a division of ATR Luxury Homes Group.

Today, the sale of Casa Moderne for $27.25 million underscores the considerable increase in value of premier waterfront real estate in Miami due to the continued migration of wealth to South Florida following COVID and the impact of Florida’s tax advantages. It is also an indication of the strength of Miami's ultra-luxury residential market, where turnkey waterfront properties attract strong buyer demand.

Located in the gated Bay Point neighborhood, Casa Moderne sits on a private waterfront cul-de-sac just moments from Biscayne Bay and offers convenient access to the Miami Design District, Wynwood, Edgewater, Brickell, Miami Beach, Miami International Airport and several of Miami's top private schools. Bay Point, one of Miami’s best-kept secrets, quietly offers something incredibly rare: a private community of approximately 250 homes, owned and operated by its homeowners, with exceptional security, privacy, and one of the most central waterfront locations in the city.

“What was once considered an undervalued hidden gem has evolved into one of South Florida's most sought-after luxury communities,” said Rodriguez. “Buyers today increasingly recognize what longtime residents and investors understood years ago. Bay Point offers an extraordinary combination of exclusivity, privacy, security and accessibility. It now belongs in the same conversation as South Florida’s most exclusive private enclaves.”

“I believed in Bay Point long before it became one of Miami’s most sought-after luxury communities,” said García. “What attracted me from the beginning was its privacy, security, waterfront lifestyle, and central location. I always felt the market would eventually recognize what made this neighborhood so special.”

Images via Unihouse Production

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