Waterstock - 11950 N Bayshore Dr, North Miami, FL 33181

The waterfront home to many fortunate residents since 1964, the Mid Bay Club apartment complex features 6 Streetside One-Bedroom apartments, 13 Waterside One-Bedroom apartments, and 8 Waterside Two-Bedroom apartments. The Mid-Century Modern (MiMo) three-story design with one full-bath per apartment features a three-stop elevator, exterior “catwalks”, dual access/egress at each unit, 27 asphalt parking spaces, with a coin-operated laundry on the second floor. Amenities include a pool, covered common area, a recently upgraded seawall with sea-bench, and a park-like backyard on the open water of Biscayne Bay. With direct ocean access and no fixed bridges, permits for a docking facility with 4 boat slips is in the final approval process. The walkable neighborhood is a safe haven with concrete sidewalks on the main passages offering easy access to public transportation. Current zoning already allows for a Building Height of 115’ and a density of 100 dwelling units per acre. With a waterfront parcel of more than .79 acres, 79 units could be built “as-of-right”. If a new structure meets even the most minimal energy and sustainability requirements to be certified as a LEED project, then a 15% unit count bonus is awarded - and the enhanced count for this parcel would be established at 90 units. Because of a desire for luxury housing, the logic to fully utilize a majestic stretch of open bay, and recognition that superior projects generate superior tax revenue, a substantial height increase is fathomable.

Waterfront views