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  4. ›RFP2026-003 Purchase and Sale of Transferable Density Rights (TDRs)

North Bay Village·Florida

RFP2026-003 Purchase and Sale of Transferable Density Rights (TDRs)

Closes 10/21/2026$100k – $1MRequest for Proposal
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Description

The Village of North Bay Village is seeking proposals from property owners within its limits to purchase transferable density rights (TDRs). This solicitation is an RFP that requires electronic submission through DemandStar, with all questions to be submitted before the cut‑off date (not specified). The scope involves the transfer of ownership of density rights, execution of purchase agreements, escrow arrangements, and deed filings as outlined in the attached exhibits. Bidders must comply with all specifications and cannot submit paper bids or use fax. • Scope: Purchase of TDRs from eligible property owners in North Bay Village. • Required deliverables: Executed purchase agreement, escrow agreement, deed, and representation forms (Exhibits A‑E). • Submission: Electronic only via DemandStar by 21 Oct 2026, 18:00 EST.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Annabelle Rodriguez(Grants and Procurement Accountant)

[email protected]

Key dates

Opened
8/21/2026
Closes
10/21/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531210
Solicitation №
RFP-2026-003-0-2026/AR

Budget estimate

$100,000 – $1,000,000

No explicit budget is listed (projectEstimatedBudget = $0), but the purchase of transferable density rights generally involves significant monetary values per parcel. Based on comparable land‑rights transactions in Miami‑Dade County, individual TDR sales can range from $100 k to several million dollars. Assuming the Village is acquiring multiple rights, a plausible aggregate budget estimate falls between $100,000 and $1,000,000. This range reflects variation in parcel size, location, and market demand for density.

AI estimate from the solicitation

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