Trophy Condos Hitting Miami’s Housing Market This Spring Include a $125 Million Mega-Penthouse

Mansion Global | Bill Cary | Sunday, March 23, 2025

A rooftop padel court, a beach concierge, poolside cabanas, pet care and a gourmet culinary program are just some of the amenities across the latest developments

Tula Residences, 7918 West Drive, North Bay Village

Tula (Sanskrit for “balance”) will be the first completed condo development in over a decade in North Bay Village, a three-island waterfront community nestled between Miami and Miami Beach in Biscayne Bay, and the first of a new wave of luxury development transforming the neighborhood. This 21-story, 54-unit condo tower on the Harbor Island waterfront offers sweeping 360-degree views of the bay and city skyline. Interior designs are by SFD, a boutique design firm founded by Shannon Farrell.

Sales are launching this spring, and construction has begun, with closings and delivery set for 2026.

Number of Units: 54, including six penthouses

Price Range: Two-bedroom units start at $1.995 million, three bedrooms start at $2.995 million and the five-bedroom penthouses start at $5.995 million

Developer/Architect: Bayshore Grove Capital and Pacific & Orient Properties/M77R

Home Sizes: Two to five bedrooms, each with private outdoor space, ranging from about 1,600 to 4,000 square feet

Amenities: The entire sixth floor is dedicated to a selection of indoor and outdoor amenities, including an infinity pool with poolside lounge and cabanas, an indoor lounge, a fitness center and a media room for screenings, meetings and private events

Be among the first to own at Tula.

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Disclaimer

This project is being developed by Pacific & Orient Properties, LLC, a Florida limited liability company (“Developer”). This brochure is for Tula Residences (the “Residences”) and any and all depictions, renderings, descriptions, etc., of any additional improvements within the overall project are subject to change at any time, without notice. Any additional improvements may not be available at the time of closing and/or may never be made available and shall not be relied upon in any manner. ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THIS WEBSITE AND TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE. THE COMPLETE OFFERING TERMS ARE IN A CPS-12 APPLICATION AVAILABLE FROM THE OFFEROR. FILE NO. CP24-0048. WARNING: THE CALIFORNIA DEPARTMENT OF REAL ESTATE HAS NOT INSPECTED, EXAMINED, OR QUALIFIED THIS OFFERING. These images are conceptual only and are for the convenience of reference. They should not be relied upon as representations, express or implied, of the final detail of The Residences. The Developer expressly reserved the right to make modifications, revisions and changes it deems desirable in its sole and absolute discretion. All plans, features and amenities depicted and/or described herein are based upon preliminary development plans and are subject to change without notice in the manner provided in the offering documents. All improvements, designs and construction are subject to first obtaining the appropriate federal, state, and local permits and approvals for same. No guarantees or representations whatsoever are made that any plans, features, amenities or facilities will be provided or, if provided, will be of the same type, size, location or nature as depicted or described herein. Additional rates for amenities may apply. Only those amenities set forth in the prospectus (offering circular) stated as being without additional cost will be provided by Developer without additional cost. All dimensions are estimates which will vary with actual construction, and all floor plans, specifications and other development plans are subject to change and will not necessarily accurately reflect the final plans and specifications for the development. No guarantees or representations whatsoever are made that existing or future views of the project and surrounding areas described herein will be provided or, if provided, will be as described herein. Any view from a unit or from other portions of the property may in the future be limited or eliminated by future development or forces of nature and the Developer in no manner guarantees the continuing existence of any view. Certain items, if included with the unit, such as tile, marble, stone, granite, cabinets, wood, stain, grout, wall and ceiling texture, mica and carpeting, are subject to size and color variations, grain and quality variations, and may vary in accordance with price, availability and changes by manufacturer from those shown in the models or in illustrations or in the published list of standard items (if any). If circumstances arise which, in Developer’s opinion, warrant changes of suppliers, manufacturers, brand names, models, or items, or if Developer elects to omit certain items, Developer may modify the list of the standard features or make substitutions for equipment, material, appliances, brands, models, etc. with item which in Developer’s opinion are equal or better quality (regardless of cost). The project graphics, renderings and text provided herein may be protected by copyright law and are owned by the Developer. All rights reserved. Unauthorized reproduction, display or other dissemination of such materials is strictly prohibited and constitutes copyright infringement.
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