What KOYA Bay North Miami Beach is, and what "upper floor" means here
KOYA Bay North Miami Beach is not a high-rise. It is a small, gated collection of waterfront residences in Eastern Shores, a private enclave of North Miami Beach on the Intracoastal waterway. The developer, Macken Companies, describes the project on its website as ten new waterfront residences with four levels of living, and names Randall Stofft as architect. Some summaries call the homes townhouse-style, which is a more accurate picture than a conventional condominium tower.
That changes how a buyer should read the phrase "penthouse." In a tower, the penthouse is a separate, scarce product on the top floors. At KOYA Bay, the equivalent is the top of each residence: the upper living level and the rooftop terrace that crowns it. The developer's materials do not market a separate penthouse tier, so the useful question is not which floor to buy on, but how each home uses its four levels to reach the water.
The address is 4098 NE 167th Street, North Miami Beach, Florida 33160. The developer's website describes the setting as an Intracoastal location with direct ocean access, and a separate project summary describes each home as sitting right on the water, overlooking the Eastern Shores bay area. Readers comparing it with Biscayne Bay towers should keep in mind that this is a low-rise, private-enclave setting, not a skyline vantage point.
The rooftop terrace: the widest outlook in the building
The most distinctive feature for anyone focused on views is the private rooftop terrace. The developer's marketing points to resort-style amenities and "your private rooftop terrace" as the two poles of the offering, and a North Miami Beach condominium overview describes the residences as having expansive rooftop terraces alongside waterfront balconies and soaring ceilings.
On a low-rise waterfront property, the roof is where the horizon opens up. Standing above the residences' own balconies, a rooftop terrace is typically the point with the least obstruction from neighboring structures and landscaping, and the widest sweep over the water. That is a reasonable expectation rather than a measured fact for each unit, because the sources do not publish terrace dimensions or view studies. Buyers should ask the sales team for terrace square footage, orientation, and whether the terrace has any built-in kitchen, shade structure or plumbing, since those details define how usable the space is day to day.
It also helps to visit at different times. Water-facing exposure in Eastern Shores will read differently at midday and at sunset, and a terrace that looks generous in a rendering can feel different when neighboring rooflines and mature trees are in the frame. A site visit to the actual residence, or to the finished model, settles what a rendering cannot.
Ceiling heights and the indoor-outdoor connection
Published descriptions of KOYA Bay consistently emphasize volume. One project description cites elevated ceilings combined with discreetly folding glass to create a seamless indoor-outdoor experience, and the broader market overview refers to soaring ceilings. Finishes are described as wood flooring and Calacatta porcelain tile, chosen so natural light moves through the living areas, and each residence is described as a smart-home design.
What the available materials do not provide is a measured ceiling height. Unlike some new buildings that publish a figure for each level, KOYA Bay's public descriptions use qualitative language. Anyone who cares about proportion, particularly in a large living room that opens to the water, should ask for the floor-to-ceiling dimension of each level in the specific plan, and whether the height differs between the main living floor and the upper floors.
The folding glass matters as much as the ceiling. When the glass walls open onto a balcony or terrace, the interior reads as a single space with the outdoors, and the effective view extends from the sofa rather than only from the railing. Ask which walls of a given residence open fully, how far they open, and what the glass specification is, so that the view you see on a tour is the view you will live with.
The residences: four levels, a large floor plan and a garage
The plan the developer has shown in its available inventory is called Aura. According to the developer's inventory page as of this writing, an Aura residence has four bedrooms, four and a half baths and 4,627 square feet of living area. A project directory listing for the same plan adds a two-car garage. Those numbers describe a very large home by any waterfront standard, and they underline that KOYA Bay competes with single-family houses and estates as much as with condominium apartments.
The developer's site presents the homes as fully furnished and available for immediate occupancy, so the plans a buyer sees may be finished rather than conceptual. That matters for upper-level evaluation: you can stand on the actual terrace and judge the actual view instead of relying on a floor plate diagram. At the same time, the developer shows only a small number of residences available, and one project directory describes a single quick move-in home in that plan. Availability can change quickly in a ten-home project, so confirm what is open, and which levels and exposures each open home has, directly with the sales team.
A selling point for those who want options is that residences are described as customizable, with the developer's design team available to create a bespoke interior. Because most homes are finished or nearly so, ask what can still be changed, at what stage, and who bears the cost, particularly for terrace elements and window treatments that affect how the water is framed.
Amenities and the waterfront setting
KOYA Bay's amenity list is built around its small size and its location on the water. Project summaries cite a marina, spa and wellness facilities, and a gated community, and the developer says ownership includes a program of exclusive amenities designed for comfortable, carefree living. For a waterfront buyer, the marina is the item to examine most closely: ask how many slips exist, whether they are deeded, assigned or leased, the maximum vessel length and draft they accommodate, and how the route out to open water works from the property.
The developer describes the project as a waterfront experience on the Intracoastal with direct ocean access. Navigation details are the sort of thing the sales team and a marine professional can confirm: bridge clearances, depth along the route, and the time from the dock to the inlet. Those facts shape what a boat owner can actually do from the property, regardless of how wide the view is from the roof.
Eastern Shores is a residential enclave rather than a resort district, and the sense of privacy is central to the pitch. The developer's language leans on exclusivity and tranquility. Buyers who want a quiet bayside base within reach of the broader Northeast Miami-Dade shoreline will find that positioning consistent with a ten-home project.
How to evaluate a residence before you commit
Because the project is small, the differences among homes come down to specifics. Compare each available residence on its position relative to the water, the length of waterfront it controls, the orientation of the roof terrace, and the sightlines past neighboring homes. The developer's materials describe the residences as overlooking the Eastern Shores bay area, so ask which direction each terrace faces and what stands between it and the open water.
The developer sells the homes through its own sales gallery. One new-construction index notes that inventory at KOYA Bay is not on the MLS, and that availability, pricing, deposit schedule and delivery timing come directly from the developer. That means the pricing sheet and the contract documents are the authoritative sources, and published numbers elsewhere may lag. Request the current sheet in writing and compare it with the specific unit you visit.
For a private walkthrough focused on the upper levels, rooftop terraces and water exposure at KOYA Bay North Miami Beach, Denis Smykalov and the team at Wolsen Waterfront can help arrange a visit and a side-by-side comparison with other bayfront and Intracoastal options in Miami-Dade and Broward.
Sources & references
Frequently asked questions
Does KOYA Bay North Miami Beach have penthouses?
The developer does not market a separate penthouse tier. KOYA Bay is a low-rise collection of waterfront residences with four levels each, and the top of each home includes a private rooftop terrace, which functions as the upper-floor highlight.
Where is KOYA Bay located?
The address is 4098 NE 167th Street, North Miami Beach, Florida 33160, inside the private Eastern Shores enclave on the Intracoastal waterway.
Who developed and designed KOYA Bay?
According to the developer's website, Macken Companies is the developer and Randall Stofft is the architect.
How many residences are in KOYA Bay?
The developer's website, as of this writing, describes ten waterfront residences across four levels. Availability within that group is limited and changes, so confirm current inventory with the sales team.
Do the residences have rooftop terraces and balconies?
Yes. The developer's materials highlight a private rooftop terrace, and a North Miami Beach condominium overview describes waterfront balconies and expansive rooftop terraces. Ask for terrace dimensions and orientation for each specific home.
How high are the ceilings at KOYA Bay?
Published descriptions use terms such as elevated or soaring ceilings and do not give a measured height. Request the ceiling height of each level in the plan you are considering.
How large is the Aura residence?
According to the developer's inventory page as of this writing, the Aura plan has four bedrooms, four and a half baths and 4,627 square feet of living area.
Is there a marina at KOYA Bay?
Project summaries list a marina among the amenities, along with spa and wellness facilities and a gated community. Ask about slip count, ownership structure, vessel size limits and the route to open water.
Are KOYA Bay residences listed on the MLS?
A new-construction index states that inventory at KOYA Bay is sold through the developer's sales gallery rather than the open market. Pricing, deposit schedule and delivery timing come from the developer.

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