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    Fort Lauderdale’s Waterfront Market Closes in on Miami—with More Room to Build

    September 28, 2026

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Luxury Real Estate

Miami Beach Approves New Luxury Condo Tower at 1250 West Avenue

May 16, 2026
Luxury condo tower at 1250 West Avenue, Miami Beach.
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The Miami Beach Design Review Board has given the green light to a significant new development at 1250 West Avenue. Terra, in collaboration with RG Development Group and GV Development, will construct a 330-foot, 106-unit luxury condominium tower, replacing the existing Bay Garden Manor. The project also includes the redevelopment of the Bikini Hostel site into a public park.

Key Takeaways

  • Approval granted for a 330-foot, 106-unit luxury condo tower at 1250 West Avenue.
  • The project involves redeveloping the current Bay Garden Manor site and creating a new public park.
  • The design emphasizes a boutique, design-driven approach to waterfront living.

Project Details and Approvals

The approved proposal by Terra and its partners will see the construction of a high-end residential tower designed by ODP Architects. This new development will rise on a site currently occupied by the 1964-built, 15-story Bay Garden Manor. The acquisition of the site, which previously had a 150-foot height restriction, was finalized in September 2025 for approximately $120 million. The increased height was negotiated with the Miami Beach City Commission in exchange for a reduced density compared to initial plans and the developer’s commitment to designing and funding a new section of the baywalk.

Design and Community Impact

Designed by ODP Architects, the 1250 West Avenue project aims to offer a more exclusive and architecturally focused waterfront living experience. Key features include reduced density, an expansion of publicly accessible green spaces, and significant enhancements to the Baywalk and the surrounding public areas. This approach is intended to complement the existing character of West Avenue while improving the neighborhood’s waterfront environment.

David Martin, CEO of Terra, expressed his appreciation for the board’s support, stating, "The approval by the Miami Beach Design Review Board marks an important milestone for 1250 West Avenue and reflects the thoughtful evolution of the project through continued collaboration with the City, board members, and neighborhood stakeholders." He highlighted the project’s boutique scale, reduced density, enhanced green spaces, and contributions to the Baywalk as elements that received positive feedback.

Redevelopment Plans

Beyond the condominium tower, the development includes plans to transform the Bikini Hostel property, located across the street, into a public park. This initiative, along with the baywalk improvements, underscores the project’s commitment to enhancing the public realm and providing community benefits alongside private development.

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