Construction Begins at Prescott Estates in Miami’s Bayside District

Construction has officially commenced at Prescott Estates, a boutique single-family waterfront development rising on a 1.4-acre site within Miami’s historic Bayside District. The project will introduce five waterfront residences along approximately 345 linear feet of open bay frontage overlooking Biscayne Bay, Downtown Miami, and Miami Beach.

Prescott Estates is being developed by Procure Development. Architectural design is led by Ivan Kadey in collaboration with Chris Fernandez, with landscape architecture by Raymond Jungles. Interior design is being handled by Stephanie Harroch of XID. Exclusive sales and marketing are led by Chad Carroll of The Chad Carroll Group at Compass.

Credit: Alberto Esteban.

The development is planned to include four newly constructed contemporary waterfront residences ranging from 4,711 to 7,621 square feet. Each home is designed with direct bay access, private waterfront pools, and outdoor living areas oriented toward the water. The site will also feature four deepwater docks designed to accommodate yachts up to 100 feet in length.

Serving as the centerpiece of the enclave is Villa Prescott, a Mediterranean Revival–style residence originally constructed in the 1920s. The historic structure is being preserved and restored while undergoing a comprehensive modernization. Upon completion, Villa Prescott will total approximately 8,280 square feet and include six bedrooms and seven and a half bathrooms.

Credit: Alberto Esteban.

The five individually designed residences within the enclave are named Villa Riva, Villa Vento, Villa Mare, Villa Nova, and Villa Prescott. According to marketing materials, pricing across the collection ranges from $17.2 million to $24.85 million.

Prescott Estates adds a rare, low-density waterfront residential project to Miami’s Bayside District, combining new construction with the adaptive restoration of a historic estate on one of the area’s remaining bayfront sites.

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