Luxury Townhouses on Tap in North Miami Beach's Eastern Shores
Koya Bay will have 10 units starting at $1.9 million.
October 26, 2020 at 01:14 PM
2 minute read
A luxury waterfront townhouse community is on tap in North Miami Beach's high-end Eastern Shores neighborhood. The four-story Koya Bay will have 10 residences at the end of a cul-de-sac at 4098 NE 167th St. surrounded on three sides by the Intracoastal Waterway. The North Miami Beach City Commission approved the site plan Thursday. Construction is to start in the second quarter. The gated community will have three-, four- and five-bedroom townhouses, ranging from 2,900 square feet to 3,600 square feet. Each residence will have its own elevator, two-car garage with an optional car lift and a rooftop terrace. The terraces will have enclosed air conditioned areas and an open area with Jacuzzi and summer kitchens. Prices start at $1.9 million. Koya Bay targets boaters since each unit will have a private dock with water and electricity. "Koya Bay is a boater's delight with no fixed bridges and minutes away from the Haulover Cut and sandbar," Macken Cos. CEO Alan Macken said in a statement. He's been eyeing the site for a long time. Koya Bay is about 2.5 miles from Haulover Inlet and Beach Park and across the Northeast 163rd Causeway from the 1,043-acre Oleta River State Park on Biscayne Bay. The North Miami Beach-based developer has construction and brokerage divisions, and Macken Realty is Koya Bay's exclusive sales agent. Macken also is developing the 5 Park shopping plaza in North Miami Beach. The 45,000-square-foot retail center on 3 acres at 16955-17071 W. Dixie Highway is set to finish in the second quarter. The gated Eastern Shores community, which has its own park and playground, juts into the Intracoastal along the causeway connecting North Miami Beach and Sunny Isles Beach.
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