Bayshore Grove Capital Officially Launches Sales for Tula Residences

Key Points

• 54-unit luxury tower at 7918 West Drive, with pricing from $1.995M

• First new condo in North Bay Village in over 10 years, with panoramic bay and skyline views

• Completion expected in 2026, construction now underway

A Waterfront Revival Takes Shape

Bayshore Grove Capital officially launches sales for Tula Residences in North Bay Village, signaling a wave of transformation for this once-sleepy island community. Located at 7918 West Drive, the boutique 21-story project will deliver 54 thoughtfully designed residences with wraparound terraces, bespoke interiors, and sweeping views of Biscayne Bay and Downtown Miami.

Construction is already underway, and sales have officially launched with two-bedroom residences starting at $1.995 million. This is the first new condo development in the area in over a decade.

Bold Design Meets Island Serenity

Designed by architecture firm M77R and Shannon Farrell Design, Tula combines sharp modern architecture with interiors inspired by yacht living and natural luxury.

Residences feature:

• Open-concept floor plans

• Blond wood and natural stone finishes

• Floor-to-ceiling windows and oversized terraces

• Designer kitchens with custom cabinetry and premium appliances

Six penthouses crown the top three floors, each offering multiple terraces and expansive living areas.

Wellness-Driven Amenities with a View

Tula's amenity deck is centered around wellness and connection, featuring:

• An infinity-edge pool with bay views

• Private cabanas and lush sun deck

• Indoor lounge with fireplace and dining suite

• Sauna, fitness center, and media room

On the ground floor, the Vista Lounge offers serene bayfront views in a sophisticated, sun-filled setting.

A Quiet Island with Big Upside

North Bay Village, a three-island city between Miami and Miami Beach, is undergoing a major transition. As new residential, hospitality, and commercial projects take shape, Tula positions itself as a first-mover in a rising luxury neighborhood.

With limited competition, early investors stand to benefit from:

• Unique waterfront views

• Proximity to both city and beach

• A revitalized, walkable neighborhood that’s still under the radar

Buyer Profile & Sales Strategy

Residences range from two- to five-bedrooms, with pricing structured as follows:

• 2BR from $1.995M

• 3BR from $2.995M

• Penthouses up to $5.995M

Brown Harris Stevens Miami leads sales, with a strategy that blends boutique service and global reach. Their focus is on telling the Tula story to a mix of end-users and long-term investors.

Tula Residences is more than just a new condo—it’s a bet on the future of North Bay Village. With construction in progress and sales live, it's a rare opportunity to get in early on a luxury development that pairs design excellence with waterfront tranquility.