MURIVEST USA
Wake Biscayne Bay — North Bay Village, Florida
residentialfor-saleAvailable

Wake Biscayne Bay — North Bay Village, FloridaInvestment sale — an undisclosed scale

North Bay Village, Florida

Indicative Value (USD)

$72000000

USD

Net Yield

6%

Institutional Grade US Asset

Investment Returns Analysis

Monthly Income362000
Annual Income4344000
Appreciation5%
Target ROI8%

Executive Summary

Wake Biscayne Bay — a 336-unit, two-building waterfront portfolio situated on the southern tip of Treasure Island in North Bay Village, Florida. The offering commands approximately 600 linear feet of direct Biscayne Bay frontage, with unobstructed sightlines to the Downtown Miami skyline and the Miami Beach coastline. 100% of the unit benefit from waterviews. The portfolio comprises the North Tower (158 units, built 1962) and the Point Tower (178 units, built 1966), each operating as a separate legal entity and together forming the anchor of a Master Association controlling more than 1,000 total linear feet of continuous bayfront exposure. This waterfront position cannot be replicated — Wake Biscayne Bay is one of only two existing multifamily rental properties in North Bay Village and controls the island’s largest concentration of direct bayfront rental frontage.

Key Investment Attributes

Multifamily / residential investment asset
Marketed via CBRE Deal Flow — status: Available

Asset Specifications

Number of Units336
Beds (student housing)1 & 2 Beds
Listed Price$72000000
Year Built1962
SubmarketNorth Bay Village, Florida
Research ConfidenceListed data only — deep research pending
Principal AdvisorMurivest Group Ltd

Regulatory & Advisory

Visual Documentation

Exclusive Mandate

Direct representation by Murivest US Platform

Total Area

744 sq ft

Schedule Consultation

This memorandum is confidential and provided for qualified investors only (KYC/AML verification required). All figures are indicative and subject to final due diligence. US investors should consult independent tax counsel regarding structuring, including potential 1031 like-kind exchange treatment.

Mandated Advisory

All information contained herein is provided for informational purposes only and should not be construed as investment, legal, or tax advice. Past performance is not indicative of future returns. Available exclusively to mandated partners and qualified investors under NDA, subject to KYC/AML verification. Murivest Group Ltd is an independent commercial real estate advisory firm; it does not act as a licensed investment advisor, does not operate collective investment schemes, and does not pool investor capital. All US transactions are subject to formal mandate agreements and independent due diligence. Transactions in US real estate may involve additional regulatory, tax, and securities considerations; prospective investors should obtain independent US legal and tax counsel.