Daily Business Review: Luxury Townhouses on Tap in North Miami Beach’s Eastern Shores

A luxury waterfront townhouse community is on tap in North Miami Beach’s high-end Eastern Shores neighborhood.

The four-story Koya Bay will have 10 residences at the end of a cul-de-sac at 4098 NE 167th St. surrounded on three sides by the Intracoastal Waterway.

The North Miami Beach City Commission approved the site plan Thursday. Construction is to start in the second quarter.

The gated community will have three-, four- and five- bedroom townhouses, ranging from 2,900 square feet to 3,600 square feet. Each residence will have its own elevator, two-car garage with an optional car lift and a rooftop terrace. The terraces will have enclosed air conditioned areas and an open area with Jacuzzi and summer kitchens. Prices start at $1.9 million.

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