Insights · New Construction · North Bay Village

Shoma Bay: Market Position and Outlook

2026-11-10 · 6 min read · By Kelby Contreras

Representative imagery of Shoma Bay, North Bay Village; official renderings on request

This note is a market-positioning read on Shoma Bay in North Bay Village, Miami-Dade: status, pricing, and delivery evidence, set against what the verified record actually shows. This article is written to complement the project's own buyer guide on this site rather than repeat it. Every factual claim below carries a dated source, cited inline and opening in a new tab, and anything that could not be verified reads exactly "Contact for current information."

Where this project sits in the market

Shoma Bay is an under-construction Condominium in North Bay Village, Miami-Dade , developed by Shoma Group. The building holds 333 residences across 24, with studios, 1-3 bedroom condos, penthouses. The developer attribution is verified against a dated public source (Shoma Group press release , verified November 2026). As with any new construction, the facts that matter most are the current ones: today's price list, today's availability, and today's timeline, all of which move as phases sell.

The verified record on this page shows the project as under construction. That status carries a dated citation (Miami Condo Investments and Multi-Housing News , verified November 2026). The completion evidence reviewed for this article points to 2027 (est.); originally targeted end of 2026. See the citation (Multi-Housing News and market reporting , verified November 2026).

Reported pricing for the project has been published from roughly ~$750K. The price band carries a dated citation (World Red Eye , verified November 2026). Published price-list dates are only reference points: the figures shown are the ones the cited sources recorded, and current pricing changes as phases sell. Contact for current information on today's price list.

The verified record

Each fact below is one this article could confirm against a dated, clickable source. Facts carry the verification date recorded with them (verified November 2026); where a fact could not be verified, this article says so plainly and reads "Contact for current information" rather than guessing.

  • Developer Shoma Group; architecture MSA Architects; interiors Adriana Hoyos Shoma Group press release , verified November 2026.
  • 333 residences in a 24-story tower at 1850 JFK Causeway, studios to three bedrooms plus 10 penthouses Shoma Group press release , verified November 2026.
  • Groundbreaking June/July 2024; master building permit October 2025; vertical construction under way; $172.5M C-PACE construction loan closed in 2026 Miami Condo Investments and Multi-Housing News , verified November 2026.
  • Completion originally targeted end of 2026; current estimates point to 2027 Multi-Housing News and market reporting , verified November 2026.
  • One-bedroom pricing from about $750,000-$855,000; sold-out studios started about $400,000-$475,000; upper units to about $5.3M World Red Eye , verified November 2026.
  • Publix supermarket anchor of about 35,000-36,000 sq ft plus retail and the Shoma Bazaar food hall at the base Official website , verified November 2026.

What to confirm before you commit

The buyer-guide page for Shoma Bay on this site walks the full spec sheet: floor plans, finishes, deposit structure, and the developer contract. This article deliberately does not repeat those details. Before any decision, confirm the items that always move:

  • The current price list and any published price-list dates, including what is actually available at that price. Contact for current information.
  • The deposit schedule and cancellation terms, confirmed in writing with the developer. Contact for current information.
  • Monthly HOA or condominium fees, the reserve position, and any special assessments on the table. Contact for current information.
  • Rental rules and any board approval or right of first refusal that applies to the building. Contact for current information.
  • The current completion timeline and what happens if it slips. Contact for current information.

How it fits your strategy

Start with the full buyer guide for Shoma Bay, then use the new construction directory to compare it against every other tracked project. The guide to buying new construction explains deposits, timelines, and incentives, the luxury homes overview positions it against the wider market, and the consultation page is where a private conversation about this project starts.

Nearby developments to compare

  • Continuum Club & Residences , from ~$940k, North Bay Village. See the full buyer guide for current details.
  • Aria Reserve , resale entry about ~$1.1m (one-bedroom) to ~$4.5m; penthouse asking ~$12.1m; remaining north tower developer inventory from ~$1.9m, Edgewater. See the full buyer guide for current details.
  • Tula Residences , from ~$2.4m, North Bay Village. See the full buyer guide for current details.

Written by Kelby Contreras, Florida Luxury Real Estate. Prices, availability, and completion dates change frequently; confirm current terms before committing.

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