X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NORTH MIAMI-Keystone Bay, a 90-unit waterfront rental apartment community here, will receive a $1.3 million upgrade as part of a condominium conversion process. The revitalization includes improved entrances and lobbies, new elevator finishes and landings, newly designed corridors on every floor, adding a resident business center and new landscaping. The property also offers boat slips and the option to upgrade residences as part of a purchase.

Keystone Bay is located across from Keystone Point on Biscayne Bay at 135th Street and is also across the street from the 1,043-acre Oleta River State Park. Jean Inman Farrell, sales and marketing manager for Keystone Bay, says she expects a slightly higher-than-average number of existing tenants to buy their residences, limiting availability. Residences vary from studio apartments to three-bedroom units and are priced from $100,000 to $250,000.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.