Purchase and Sale of Transferable Development Rights

The Village of North Bay Village is soliciting proposals from property owners to purchase and sell up to 49 transferable development rights under RFP 2026-003.

North Bay Village


General
Open
RFP 2026-003
Oct 21, 2026 06:00 PM
Aug 21, 2026 02:00 PM
$9,800,000.00
Request for Proposal (RFP)
Local
Ask AI about this solicitation
Contact
procurement@nbvillage.com
+13057567171
1666 John F. Kennedy Causeway, Miami Beach, FL, USA
Submission Instructions
Description

The Village of North Bay Village is soliciting proposals from property owners to purchase and sell up to 49 transferable development rights under RFP 2026-003. The solicitation package includes forms of the purchase agreement, escrow agreement, deed, representations, and declaration associated with the transfer of development rights.

Classification Codes
NAICS531390Other Activities Related to Real Estate
PSCE1PCPURCHASE OF UNIMPROVED REAL PROPERTY (LAND)
Smart Codes
transferable development rightsreal estate transactionsproperty rights acquisition
Specifications
Supply Only
Timeline
Aug 21, 2026-Advertisement/Distribution of RFP
Sep 11, 2026-Written Questions Due
Sep 18, 2026-Village Answers to Questions
Oct 21, 2026 06:00 PM-Proposal Due and Opening (optional)
Public proposal opening via Zoom; Meeting ID 816 9884 2281; password 877450.
Nov 10, 2026-Village Manager Recommendation to Commission
Nov 17, 2026-Commission Meeting to Award (optional)
Village Hall Commission Chambers; virtual meeting access details to be provided.
Requirements
Scored
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