Tula Residences is a pioneering luxury development that marks a definitive shift in the North Bay Village skyline. Located at 7918 West Drive (often associated with the 7928 East Drive assemblage area), this 21-story boutique tower is set to be the first major luxury condominium completed in the neighborhood’s current redevelopment cycle. Developed by Pacific & Orient Properties with recent revitalization and financing leadership from Bayshore Grove Capital (Vivian Dimond) and Concord Summit Capital, Tula offers an ultra-exclusive collection of just 54 residences. With an estimated completion in late 2026 to early 2027, the project is designed to bridge the gap between the quiet seclusion of island living and the high-design sophistication of Miami’s urban core.

The building is an architectural statement of “kinetic modernity,” designed by the avant-garde firm MTTR MGMT (M77R). Its most striking feature is a “corner-only” residential configuration with only four units per floor from levels 7 through 19 ensuring that every single home is a corner unit with dual exposures and expansive wraparound terraces. Interiors curated by Shannon Farrell Design utilize a “refined and raw” aesthetic, blending organic textures with high-performance European finishes to create a sanctuary that feels both contemporary and timeless.

Project Overview and Developer Vision

The vision for Tula Residences is “Harmony in Contrast.” The development team sought to capitalize on North Bay Village’s unique geography a three-island enclave in the heart of Biscayne Bay to offer a “private resort” experience. By securing a $67 million construction loan via S3 Capital in late 2024, the project successfully moved past earlier delays and is now in a high-momentum construction phase.

The building’s design intentionally avoids the “glass box” monotony of typical high-rises. Instead, it features a sculptural, hand-troweled stucco façade and varied floor plate outlines that ensure no two residences receive light in exactly the same way. This commitment to individuality is mirrored in the building’s integration with the environment, featuring a scenic waterfront promenade that connects residents directly to the bay’s edge.

Key Project Stats

Architecture and Design Excellence

Tula’s interiors are designed for “Elevated Quietude.” The residences feature open-concept layouts with 10-foot ceilings and floor-to-ceiling glass that blurs the line between the living room and the wraparound terrace. Kitchens are a collaboration with Shannon Farrell Design, featuring custom European millwork, marble countertops, and a fully integrated suite of Miele appliances, including specialized wine storage.

The primary suites function as private wings, boasting dual walk-in closets and spa-inspired bathrooms clad in sculptural white stone slabs with fluted glass accents and champagne metal framing. Every home is delivered with premium stone flooring throughout and is pre-wired with fiber-optic technology to support a seamless work-from-home lifestyle.

Residence Features Table

World Class Amenities and Services

Tula is conceived as a “Boutique Club,” offering a highly curated amenity suite located primarily on the 6th floor, elevated to capture sweeping views of the bay and the Miami skyline.

Amenities Table (Wellness and Social)

Pricing and Investment Potential

As the “first-to-market” luxury tower in North Bay Village’s new era, Tula offers significant early-mover advantage. Pricing for two-bedroom units starts at approximately $1.995 million, with three-bedroom homes beginning at $2.995 million. The six exclusive penthouses, occupying the top three floors, are priced from $5.995 million.

Market Positioning (Estimated March 2026)

Why Partner With Us for Tula Residences

The transformation of North Bay Village is accelerating rapidly, and Tula is the anchor of this revitalization. We provide our clients with priority access to the recently released “revitalized” floor plans and confidential developer incentives. Our team specializes in the 33141 zip code and can provide a side-by-side ROI analysis comparing Tula’s boutique exclusivity against the larger-scale neighboring developments like Shoma Bay and Continuum.