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Intracoastal Condos a Deal!

 

harbour pool

The Harbour

With nearly 8,000 new condo units in the pre-construction phase between N.E. 151st Street and N.E. 176th Street, now is a good time to buy in the Intracoastal neighborhood of North Miami Beach. CraneSpotters.com says developers are vying for this prime waterfront area near Aventura, Sunny Isles and Bal Harbour because of cheaper land prices and new zoning regulations which now allow for higher-density projects along Biscayne Boulevard. And, the Tri-Rail commuter train connecting Dade, Broward and Palm Beach counties is adding a stop at 163rd Street.

Neil Fairman, founder of the Plaza Group and co-developer of the Marina Palms Yacht Club and Residences [with DevStar Group] at 17201 Biscayne Blvd. says, "The Intracoastal always had enormous development potential, but, previous zoning laws held it back for many years. It was a bedroom community often overlooked by developers, but now there's a new attitude to make North Miami Beach a dynamic, healthy and well-developed city.”

Last February, Plaza Group topped off the first of Marina Palms' two 25-floor towers -- total 468 units. Its marina and yacht club offers concierge service plus 112 boat slips. To date, 80 per cent of the units in the south tower have been sold, and closings have begun on the recently finished north tower.

marina palms

Marina Palms Yacht Club & Residences

In August, 13th Floor Investments & Key International closed on a $30.5 million deal to buy land at 16385 Biscayne Boulevard, where a twin-tower condo project called The Harbour will be built. In the works are 425 total units in two 32-story towers. Seventy per cent of the units have been sold. They range in size from 1,032 square feet to 2,442 square feet, with prices from $552,000 to $1.2 million. Sounds good?

Start the new year right! Look into these Miami Beach condos for sale. E-mail us at info@stream-line.com. Or, call 305.532.7368.

- Cyn. Zarco

The Intracoastal neighborhood in North Miami Beach has long been known for its mid-rise apartment buildings and stretches of traditional shopping centers along Biscayne Boulevard.

Yet, its blue collar aesthetic is about to undergo a major facelift as luxury condo developers are snatching up wide swaths of land to develop new high-rise buildings and mixed-use projects they hope will lure well-heeled buyers who are looking for bargains near Aventura and Sunny Isles Beach.

According to the preconstruction condo website CraneSpotters.com, there are nearly 8,000 new condo and rental units in the planning and presale phases of development on and around a stretch of Biscayne Boulevard between Northeast 151st Street and Northeast 176th Street.

Developers are flocking to the Intracoastal area because the cheaper land prices allow them to build more reasonably priced units in a neighborhood that is still close to the water and that will soon benefit from passenger rail service when the Tri-Rail commuter train adds a new stop at 163rd Street, possibly in 2018.

Developers have also been encouraged to build along the Intracoastal by the North Miami Beach City Council, which passed new zoning regulations in March that allow for higher density projects along the Biscayne Boulevard corridor.

- See more at: http://therealdeal.com/miami/blog/2015/12/24/neighborhood-dive-north-miami-beach-redeveloping/#sthash.aoiYkisv.dpuf

The Intracoastal neighborhood in North Miami Beach has long been known for its mid-rise apartment buildings and stretches of traditional shopping centers along Biscayne Boulevard.

Yet, its blue collar aesthetic is about to undergo a major facelift as luxury condo developers are snatching up wide swaths of land to develop new high-rise buildings and mixed-use projects they hope will lure well-heeled buyers who are looking for bargains near Aventura and Sunny Isles Beach.

According to the preconstruction condo website CraneSpotters.com, there are nearly 8,000 new condo and rental units in the planning and presale phases of development on and around a stretch of Biscayne Boulevard between Northeast 151st Street and Northeast 176th Street.

Developers are flocking to the Intracoastal area because the cheaper land prices allow them to build more reasonably priced units in a neighborhood that is still close to the water and that will soon benefit from passenger rail service when the Tri-Rail commuter train adds a new stop at 163rd Street, possibly in 2018.

Developers have also been encouraged to build along the Intracoastal by the North Miami Beach City Council, which passed new zoning regulations in March that allow for higher density projects along the Biscayne Boulevard corridor.

- See more at: http://therealdeal.com/miami/blog/2015/12/24/neighborhood-dive-north-miami-beach-redeveloping/#sthash.aoiYkisv.dpuf
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Streamline Properties, Inc.
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1125 Washington Avenue , Miami Beach , FL 33139
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