
Wake Biscayne Bay — North Bay Village, FloridaInvestment sale — an undisclosed scale
Indicative Value (USD)
$72000000
USD
Net Yield
6%
Institutional Grade US Asset
Investment Returns Analysis
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
Asset Specifications
Regulatory & Advisory
Visual Documentation
Exclusive Mandate
Direct representation by Murivest US Platform
Total Area
744 sq ft
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.