Tula Residences
Pre-construction condos in North Bay Village, Miami. Expected delivery Q4 2026-2027. Developed by Bayshore Grove Capital.
Tula Residences at a glance
| Address | 7918 West Dr |
|---|---|
| Neighborhood | North Bay Village |
| Developer | Bayshore Grove Capital |
| Units | 54 |
| Floors | 21 |
| Expected delivery | Q4 2026-2027 |
| Priced from | $2.0-2.4M |
| Deposit schedule | 20% contract / 10% at 6 months / 70% closing |
| Status | Under construction, selling |
Fields left out are ones I could not verify. A range means sources disagree. I do not publish a number I cannot show you the source for.
What the deposit schedule actually asks of you
20% contract / 10% at 6 months / 70% closing
The common Miami pattern is 20 percent at contract, 10 percent at groundbreaking, 10 percent at top-off and the balance at closing. Compare where this one front-loads or spreads out, because two projects at the same price can ask for very different cash over the same three years. The schedule in the purchase agreement governs, not the marketing sheet.
How Miami deposit schedules work and the contract clauses worth arguing about.
How Tula Residences compares in North Bay Village
Every other condo project selling off plan in North Bay Village right now, so you can see where this one sits rather than looking at it alone.
| Project | Units / Floors | Delivery | From | Deposit at contract |
|---|---|---|---|---|
| Tula Residences (this project) | 54 / 21 | Q4 2026-2027 | $2.0-2.4M | 20% contract / 10% at 6 months / 70% closing |
| Continuum Club & Residences | 198-236 / 32-36 | July 2028 | $938K-$1.25M | 20% contract / 10% at 120 days / 10% top-off / 60% closing |
| Pagani Residences Miami | 70 / 30 | 2027 | $3.9M | 20% contract / 10% groundbreaking / 10% amenity deck / 10% top-off / 50% closing |
| Shoma Bay | 333 / 21-28 | 2027 | $500-750K | 30% contract / 10% amenity deck / 10% top-off / balance closing |
Questions buyers ask about Tula Residences
What is the deposit schedule at Tula Residences?
As published: 20% contract / 10% at 6 months / 70% closing. Deposit terms live in the purchase agreement rather than in marketing material, so confirm this against the contract before you rely on it.
When is Tula Residences expected to be delivered?
Currently Q4 2026-2027. Pre-construction delivery dates move, and the contract governs what happens if they do.
Who is developing Tula Residences?
The developer is Bayshore Grove Capital. A developer's track record on delivery matters as much as the building itself, and it is worth asking what else they have completed in Miami and when.
How big is Tula Residences?
Tula Residences is planned at 54 units across 21 floors. Where a figure shows a range, sources disagree and I have not been able to confirm which is current.
Can a non-resident or foreign national buy at Tula Residences?
Yes. There is no citizenship or residency requirement to own Florida real estate. What differs is the paperwork - financing terms for foreign nationals, tax identification, and the withholding rules that apply when you eventually sell.
Keep looking
Condos for sale and rent in North Bay Village · Every Miami pre-construction condo · Pre-construction vs resale · Financing options
Thinking about Tula Residences?
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