Shoma Group Breaks Ground on Shoma Bay, Luxury Waterfront Residences in North Bay Village

Miami-based developer Shoma Group celebrated the groundbreaking of Shoma Bay in the waterfront community of North Bay Village, Florida. With this groundbreaking, Shoma Group aims to fill a significant gap in the North Bay Village community, which has been virtually untouched from a development standpoint for approximately a decade, and set a new standard for modern living in the area. Shoma Bay offers a unique, unparalleled residential experience and serves as a testament to Shoma Group’s commitment to enhancing the local landscape by bringing forth positive change. ISG World is the exclusive sales team for Shoma Bay, with available inventory starting at $750,000.

Since its launch in September 2022, Shoma Bay has become the benchmark for future residential projects in North Bay Village. Masoud Shojaee, CEO and Chairman of the Board at Shoma Group, recognized the island’s potential as a hidden gem early on, making Shoma Bay the first development to capitalize on North Bay Village’s evolution.

“We are thrilled to commence the construction of Shoma Bay, a project that exemplifies our commitment to delivering exceptional residential experiences,” said Masoud Shojaee, CEO and Chairman of the Board at Shoma Group. “This groundbreaking marks the beginning of a new era in North Bay Village, where residents will have the opportunity to embrace a luxurious bay-front lifestyle in one of Miami’s most sought-after communities.”

Shoma Bay will offer 333 luxury residences, three of which have been combined into larger units. The project’s assortment of meticulously designed floor plans include furnished studios to three-bedroom units, ranging from 344 to 2,700 square feet, and 10 penthouses; Masoud and his wife Stephanie Shojaee, President of Shoma Group, will be residing in one of these penthouses.

“Shoma Bay is a game-changer for North Bay Village and a shining example of ISG World’s unwavering dedication to redefining luxury residential living standards across South Florida,” Craig Studnicky, CEO and Founder of ISG World, said. “Promoting this remarkable project allows us to highlight our commitment to luxurious and innovative design, guaranteeing buyers an unparalleled living experience,” he continued. “Shoma Bay will not only enhance the North Bay Village community with its assortment of unrivaled amenities and access to the best that South Florida has to offer but will also set a precedent for contemporary living and future concepts coming to the new North Bay Village Neighborhood.”

Each residence will be thoughtfully crafted to optimize comfort and functionality, with abundant natural light and elegant finishes curated by renowned designer Adriana Hoyos. By blending classic art-deco elements with a contemporary aesthetic, the building’s sophisticated design and thoughtfully crafted amenities will cater to individuals seeking a holistic approach to living, seamlessly integrating work, wellness, and leisure.

Separate from the offerings of the standard residences, Shoma Bay’s penthouses will showcase unique finishes. Penthouse kitchens will feature an exclusive Gaggenau Appliance Collection, including a French Door Panel-Ready Refrigerator and Freezer, a Panel-Ready dishwasher, a Wall Oven, and an Induction Cooktop. The bathrooms will feature an exclusive Armani Bathroom Collection, including a Frameless Rain Shower and a Designer Soaking Tub in select units.

The development will also include a resident lounge and bar, a spa with a hammam, a golf simulator, a two-story state-of-the-art fitness center, a pet spa, a kids club, a theater room, a wine cellar, a cigar lounge, and a Zen Garden with fire pits. The highlight of the development will be the expansive 6,030-square-foot pool deck, offering panoramic views of Biscayne Bay, complete with a pool, cabanas, and a summer kitchen. Residents will also benefit from designated parking, electric vehicle charging stations, a bike room, storage spaces, a grocery delivery room, and other conveniences. Additionally, the project will be anchored by a 35,037-square-foot Publix supermarket and 15,628 square feet of retail space, which includes a rooftop lounge. 

“We are incredibly excited to break ground on Shoma Bay and embark on this transformative journey in North Bay Village,” said Stephanie Shojaee. “At Shoma Group, we meticulously craft each development with the future residents in mind, ensuring that every detail enhances their comfort and enriches their lifestyle. That’s what they will experience firsthand at Shoma Bay. From the serene resident lounge to the state-of-the-art fitness center and the panoramic pool deck overlooking Biscayne Bay, we have curated a collection of exceptional amenities that will elevate the living experience for our residents.”

Situated at 1850 John F. Kennedy Causeway, Shoma Bay benefits from a prime location at the intersection of 79th Street Causeway and East Treasure Drive. Residents will enjoy convenient access to major highways and a plethora of world-class dining, retail, and entertainment options South Florida offers. The project’s anticipated completion date is the end of 2026.