Announced

7931 East Drive

North Bay Village · Residences

El-Ad Properties, the Boca Raton-based arm of New York's Elad Group, has filed plans for a two-tower condominium across five parcels at 7922 East Drive and 7925-7931 East Drive on Harbor Island in North Bay Village.

Verified Sep 20, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
165
Units
46
Floors
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Details

7922 and 7925-7931 East Drive, North Bay Village. 46 floors and 165 residences.

The story so far
Announced 2026 est.
Two-tower plan filed on Harbor Island Sep 2026El-Ad's 46-story, 518-foot tower would be North Bay Village's tallest, paired with a 39-story companion building, 165 residences, 5,295 square feet of waterfront restaurant and more than 10,000 square feet of public park
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Expected opening date TBD
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Supply pressure 38 · BalancedNorth Bay Village marketMarket
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About the project

El-Ad Properties, the Boca Raton-based arm of New York's Elad Group, has filed plans for a two-tower condominium across five parcels at 7922 East Drive and 7925-7931 East Drive on Harbor Island in North Bay Village. The taller tower would rise 46 stories and 518 feet (about 540 feet with mechanical levels) and the second 39 stories and 465 feet, together holding 165 one- to four-bedroom residences starting around 1,240 square feet, along with a 5,295-square-foot waterfront restaurant, 427 parking spaces, a private drop-off, pool and indoor amenity spaces, and a clubhouse across the street with a fitness center, spa and outdoor terrace. A public baywalk and a landscaped park of more than 10,000 square feet with a yoga lawn and mini amphitheater front the water. ODP Architecture and Garcia Stromberg are the architects. The project needs a Special Area Plan approval for its height and density from the village and Miami-Dade County, and would be built in three phases: the taller tower first, then the second tower, then the clubhouse. El-Ad assembled the site in 2026, paying $19 million for three vacant lots at 7922, 7923 and 7925 East Drive in January, and separately holds the approved Marina View site at 7913 West Drive.

The North Bay Village market 38 · Balanced supplyHarbor Island 7-project pipeline · 1,022 residences and keys · peak Late ’27 Explore the market →
Common questions

Frequently asked

Where is 7931 East Drive located?

7931 East Drive is located in North Bay Village.

When will 7931 East Drive be built?

7931 East Drive is an announced development that has not yet started construction.

Who is developing 7931 East Drive?

El-Ad National Properties is the developer behind 7931 East Drive.

Who designed 7931 East Drive?

7931 East Drive was designed by ODP Architects, Garcia Stromberg.

How big is 7931 East Drive?

7931 East Drive rises 46 stories with 165 residences.