Miami developer Shoma Group recently launched sales for Shoma Bay, a 327-unit condominium building in North Bay Village.
The 21-story building at 79th Street Causeway and East Treasure Drive will be anchored by a Publix and additional retail. The project is on the site of what was Dean Martin’s nightclub in the 1960s and ’70s.
The condos will range from 360-square-foot furnished studios to 1,447-square-foot three-bedroom units with views of Biscayne Bay. Building amenities will include spa, fitness center, kids club, pet spa, co-working space, library, pool and sky lounge with a bar. Units start in the $400,000s.
“Shoma Group has a proven track record of identifying underappreciated and undervalued submarkets and meeting demand with brand new, thoughtfully designed communities that attract new life and investment,” Craig Studnicky, CEO of International Sales Group and Related ISG, said in a news release. “North Bay Village has long been one of Miami’s best-kept secrets, and we’re already seeing a surge of buyers who are extremely eager to be part of it.”
Construction is scheduled to begin early next year and take 18 months to complete.