North Bay Village, FL – New Construction – PENDING CLOSINGS - This 120 unit building is nearing completion and is located on the bay in North Bay Village, just north of Miami Beach. The luxury property offers 120 units with unit sizes ranging from 918 to 2,851 sq ft and includes one to three bedroom units with some loft-style and penthouse units. This equates to a range of $458 a foot to $702 a foot. Total sq ft is about 170,000. The building was largely sold out pre-construction with prices ranging from $450k to $2MM+. However and unfortunately, defaults will likely be extreme as has been witnessed by all properties of late. HOA’s are slated at $.51 a foot. Loan is $11MM.