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Older Apartments Near Miami Could Make Way for Waterfront Project

With Lack of Land, Builders Often Look for Redevelopment Options
Mid Bay Club Apartments in North Miami, Fla., is listed for sale with no asking price. (Colliers International)
Mid Bay Club Apartments in North Miami, Fla., is listed for sale with no asking price. (Colliers International)
CoStar News
November 19, 2019 | 4:36 P.M.

The owner of a 55-year-old apartment complex overlooking Biscayne Bay near Miami wants to sell, hoping to capitalize on a seemingly insatiable demand for waterfront properties in land-constrained South Florida.

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