Published by Peter Zalewski
1/16/2024 
3:42:54 PM Project Description:
7918 West Drive stands as a beacon of innovation and luxury on the shores of North Bay Village, Miami. This 21-story, 54-residence waterfront condominium development is scheduled for completion in 2025, promising an exceptional living experience that marries modernity with privacy and comfort.
The property, developed by Pacific and Orient Properties and Pacific & Orient Berhad — is nestled on a 33,600 sq ft lot, perfectly located between North Miami Beach and Miami Shores. From its ideal spot on the waterfront, you’ll get breathtaking views in all directions.
Conceptualized by award-winning architect Juan Azulay, the design incorporates forward-thinking parametric techniques with an emphasis on digital fabrication. The innovation doesn’t end with architecture; 7918 integrates advanced technology like facial and license plate recognition systems, offering residents unmatched security and personalized convenience.
Each residence at 7918 West Drive is a testament to high-quality craftsmanship. Units are graced with Miele appliances, Hansgrohe and Kohler fixtures, Dekton countertops, Iberia finishes, and Siematic cabinets in the kitchen and bathroom. The exteriors flaunt Siematic/Dekton kitchens, providing a luxurious alfresco dining experience. 7918 West Drive presents a unique blend of modern luxury, comfort, and tranquility.
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CraneSpotters Preconstruction Condo Project Overview |
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| Condo Description | Details |
| PROJECT NAME | 7918 West Drive |
| ADDRESS | 7918 West Drive – North Bay Village |
| SUBMARKET | Miami Beach |
| COUNTY | Miami-Dade |
| WATERFRONT PROJECT | Yes |
| TYPE OF WATERFRONT? | Bay |
| NUMBER OF TOWERS | 1 |
| TOTAL FLOORS (BY ELEVATOR) | 21 |
| TOTAL RESIDENTIAL UNITS | 54 |
| BED RANGE | 2 TO 6 |
| RANGE OF SQUARE FEET | 1,694 TO 3,661 |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 1 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 2 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 3 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 4 BED – XX – X,XXX SF |
| MINIMUM PRICE PER UNIT | $ 1.8 Million |
| MONTHLY MAINTENANCE FEE PER UNIT | |
| MONTHLY MAINTENANCE FEE PER SQUARE FOOT | $ 1.00 |
| TURNKEY READY | |
| PROPERTY AMENITIES | |
| WATER VIEWS | |
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| UNIT FINANCING AVAILABLE | |
| RECOMMENDED LENDERS | |
| PROJECT STATUS | Under Construction |
| PRESALES UNDERWAY? | |
| RATIO OF PRESALES | |
| SCHEDULED CONSTRUCTION START | |
| SCHEDULED COMPLETION DATE | 2025 |
| YEAR COMPLETED | |
| DEVELOPER | Pacific and Orient Properties and Pacific & Orient Berhad |
| COUNTRY OF DEVELOPER | Malasya |
| DEVELOPER FEE % | |
| ARCHITECT | Juan Azulay |
| ARCHITECTURAL FIRM | MTTR |
| GENERAL CONTRACTOR | Thorton Residential |
| DATE OF GROUNDBREAKING PARTY | |
| NOTICE OF COMMENCEMENT FILED | |
| DATE CRANE ERECTED | |
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| MINIMUM PRICE PER DOOR | |
| MINIMUM PRICE PER SQUARE FOOT | |
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Condo Market Inventory Tracker
A Snapshot Of Tricounty South Florida Region Of Miami-Dade, Broward And Palm Beach
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| Condos | 24,016 | 10.2 |
| Luxury Condos | 3,740 | 15.1 |
| Shortsales | 30 | 15.0 |
| REOs | 126 | 6.6 |
| Rentals | 21,476 | 3.9 |
Peter Zalewski is a licensed real estate broker and consultant focused on the South Florida condo market. Zalewski is a former special contributor to the Miami Herald and a former real estate columnist for The Real Deal magazine. Zalewski now hosts the Miami Real Estate Investing Podcast that is available in audio and video wherever you get your podcasts.
Confused about whether it is the appropriate time to buy or sell a condo in South Florida? The experts at CVR Realty are here to assist you in crafting a strategy during this uncertain time. Unlike many brokers offering services, our organization has been through the cycles and can assist you to capitalize on the situation.
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