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Alton Biscayne

Alton Biscayne is a South Florida development we have tracked since August 13, 2026. It is currently at the Permitted stage. Below is the full verified timeline, what is still unknown, and my read as a licensed Compass agent. Sources: The Real Deal and others, linked per entry.
Current stage
Permitted
Location
11240 Biscayne Boulevard, North Miami Beach, FL 33181
Developer
Kolter Multifamily

Development timeline

  • August 13, 2026Permitted

    A $28 million building permit was issued for Alton Biscayne, covering 701,390 square feet for a 12-story residential tower with 336 apartments, eight townhome-style flats and a seven-story garage topped with a pool and clubhouse.

    Source: The Real Deal →
  • August 19, 2026Permitted

    One Alton Biscayne at 11240 Biscayne Boulevard received the largest South Florida building permit issued in the week ending August 19, 2026, for a 12-story, 336-unit apartment building by Kolter Multifamily, Carlyle Group and Altman, backed by an $86.1 million PNC Bank construction loan.

    Source: The Real Deal →

What is still unknown

  • for-sale residential component (this is a rental project)
  • developer project site with developer-own renderings
  • unit mix and sizes
  • delivery timeline

My read

My read on Alton Biscayne: with the project this far along, what I tell buyers to weigh is the deposit structure, the delivery timeline, and how the floor and line affect light and resale, not just the launch price. If you are weighing 11240 Biscayne Boulevard, North Miami Beach, FL 33181, those are the details that decide value.

This project is in an early, pre-construction stage. Details are not final and may change. Gerardo Gonzalez is an independent licensed agent at Compass providing buyer-side guidance, not the listing or sales brokerage.

Last verified August 2026. This is a live tracker, updated as the radar surfaces verified news. Stages and figures trace to the named sources above; nothing here is a confirmed sale or a solicitation.

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