Tula Residences
Tula Residences is a 21-story waterfront condominium rising at 7918 West Drive in North Bay Village, a three-island city in Biscayne Bay positioned between Miami and Miami Beach. Developed by Bayshore Grove Capital in a joint venture with Pacific & Orient Properties, the tower is designed by Miami-based architecture firm M77R, with interiors by Shannon Farrell Design; it is being built by general contractor A&R Development and is targeted for completion around 2026-2027. The building comprises 54 corner-only residences (four per floor) spanning two to five bedrooms across floors 7 through 19, topped by six penthouses occupying floors 20 through 22 with wraparound terraces and bay-to-ocean views. Amenities include a resort-style pool with private cabanas, a wellness/fitness center, a pet spa, and 24-hour concierge service, with interiors featuring Italian-designed kitchens, Miele appliances, and stone flooring. Tula is notable as the first new condominium building completed in North Bay Village in over a decade, arriving amid a broader wave of redevelopment in the small waterfront enclave along the 79th Street Causeway.
Amenities
- Resort-style swimming pool with private cabanas
- Wellness/fitness center
- Pet spa (dog spa)
- 24-hour concierge service
- Skyline club room
- Private dining room
- Wraparound glass terraces on all residences
- Italian-designed kitchens with Miele appliances
- Stone flooring
North Bay Village is a small three-island city (Harbor Island, North Bay Island, and Treasure Island) in Biscayne Bay, situated along the 79th Street (John F. Kennedy) Causeway roughly midway between mainland Miami and Miami Beach. Roughly 60% of the city's area is water, and it has historically been known for its waterfront restaurants and nightlife, and more recently for a wave of new luxury residential development.
Income
Employment
Income Brackets (%)
Population
Age Distribution (%)
Housing Tenure
Ownership (%)
Education (age 25+)
Educational Attainment (%)
Commute to Work
How Residents Commute (%)
Population
Race & Ethnicity (%)
North Bay Village, FL 33141
Available Residences at Tula Residences
5 Bedroom Condos · 1 unit
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 2002 | $5,995,000 | 5 / 6 / 1 | 3,700 | $1,620 | 418 |
3 Bedroom Condos · 2 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 1002 | $3,295,000 | 3 / 4 / 1 | 2,240 | $1,471 | 390 |
| 902 | $2,871,700 | 3 / 4 / 1 | 2,350 | $1,222 | 351 |
2 Bedroom Condos · 4 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 1001 | $2,800,000 | 2 / 3 / 1 | 1,820 | $1,538 | 305 |
| 1403 | $2,700,000 | 2 / 3 / 1 | 1,715 | $1,574 | 418 |
| 701 | $2,650,000 | 2 / 3 / 1 | 1,860 | $1,425 | 418 |
| 704 | $1,995,000 | 2 / 2 | 1,624 | $1,228 | 418 |
Compare every North Bay Village building, its inventory, and area market trends in one place.
ANALYTICS
CURRENT INVENTORY
INVENTORY BY BEDROOM
- 2 Bed (3) 60%
- 3 Bed (1) 20%
- 5+ Bed (1) 20%
INVENTORY TREND (ALL UNITS)
Market & Community Report
As of August 12, 2026, Tula Residences carries 5 active listings at an average asking price of $3.2M, with an average time on market of 405 days. Closed sales over the preceding 36 months averaged — per sq ft, and 0 transactions closed in the past 12 months — implying — months of supply against the current pace of absorption.
Zip code 33141 (North Bay Village) is home to 36,016 residents with a median age of 45. Per-capita income stands at $49,184; 43% hold a bachelor's degree or higher. 35% of units are owner-occupied; 18.5% of residents work from home.
Data current as of August 12, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.
Frequently Asked Questions — Tula Residences
How many condos are for sale at Tula Residences?
As of August 12, 2026, 5 residences are actively listed for sale at Tula Residences. Current asking prices range from $2M to $6M. Inventory updates daily from the MLS.
How much do condos at Tula Residences cost?
Condos at Tula Residences are currently asking from $2M to $6M. Final pricing varies by floor, line, square footage, finishes, and view.
Where is Tula Residences located?
Tula Residences is located at 7918 W Dr, North Bay Village, FL, 33141, in the North Bay Village area.
What neighborhood is Tula Residences in?
Tula Residences is in North Bay Village, North Bay Village. You can compare every condo building, home inventory, and price trend across North Bay Village on its neighborhood guide.
What amenities does Tula Residences offer?
Tula Residences amenities include Resort-style swimming pool with private cabanas, Wellness/fitness center, Pet spa (dog spa), 24-hour concierge service, Skyline club room, Private dining room, Wraparound glass terraces on all residences, Italian-designed kitchens with Miele appliances.