ALMA is a nine-residence project at 1160 101st Street, the larger of two sister buildings developed by Islands Development Group with architecture and interior design by Kobi Karp and landscape architecture by Exoticscape. Its counterpart, MILA, sits at 1125 97th Street with a 4-bedroom maximum and a ceiling of 3,900 square feet. ALMA's extra bedroom capacity — up to 5 bedrooms — and larger maximum unit size make it the right comparison for families or buyers who need the square footage MILA doesn't reach.
Building Overview
Nine residences, 2 to 5 bedrooms, from 2,100 to 4,400 square feet. Each residence has its own private elevator arrival — a configuration more common in private houses than in condominium buildings, and one that effectively eliminates the shared-elevator dynamic that most condo buyers accept as a given. Dual terraces on each residence capture both sunrise and sunset exposure, which at a Bay Harbor Islands address means eastern light over the water in the morning and western views toward the bay as the day ends.
The rooftop program includes a private pool, summer kitchen, and dedicated entertaining spaces — nine-owner shared infrastructure, which at this occupancy level functions more like a shared roof deck among a small group of neighbors than a building amenity. Kobi Karp's architectural approach here is described as contemporary tropical: the intent is to integrate the landscaping — handled by Exoticscape — into the building rather than treating it as a separate element applied after construction.
Architecture & Developer
The ALMA and MILA buildings are essentially the same creative exercise executed on two different lots by the same team. That repetition is either reassuring — the developer knows what they're building and has done it before — or limiting, depending on whether differentiation between the two matters to the buyer. In practice, the site locations differ enough (101st Street vs 97th Street within the island) that the buildings serve slightly different positions in the market.
Kobi Karp's presence across this many Bay Harbor Islands projects — La Mare, Bay Harbor Towers, MILA, ALMA — raises a reasonable question about whether the firm's ubiquity in the market is a signal of quality or a sign that Bay Harbor Islands development is consolidating around a single architectural voice. The answer is probably both, and buyers who care about architectural provenance should evaluate his work across the completed buildings in the market rather than relying on the name alone.
Islands Development Group, built around Bay Harbor Islands, has demonstrated consistent focus on the micro-market. Charleville handles construction. Verify their completed project track record and the development entity's financial structure before contract — standard due diligence for any boutique developer at this scale.
Buyer Profile
The 5-bedroom ceiling and 4,400 square foot maximum make ALMA relevant for families who want boutique building scale without the unit size compromise that most nine-residence buildings impose. A 5-bedroom condo in Bay Harbor Islands new construction is rare — most boutique projects top out at 3 or 4. That configuration, combined with private elevator arrival, attracts families who want the spatial layout of a house with the maintenance model of a condominium.
The same profile that finds MILA compelling — buyers who want the smallest possible building footprint, private elevator, and a Kobi Karp design — finds ALMA equally relevant. The decision between the two typically comes down to bedroom count and square footage need, not building character, since the character is effectively identical. Buyers who need 5 bedrooms choose ALMA; buyers whose program fits within 4 bedrooms compare both and make the decision on unit availability and position within the building.
How It Fits the Market
ALMA sits in the same ultra-boutique tier as MILA and La Mare Signature — nine units, private elevator arrivals, no large shared amenity infrastructure. The market for this product in Bay Harbor Islands is real but narrow. Buyers who specifically want this configuration are usually coming from either larger buildings they found impersonal, or from private homes they found operationally demanding. The condo-with-house-privacy proposition resolves both complaints.
Compared to MILA, ALMA's 101st Street address is slightly further from the 97th Street Bal Harbour boundary — a minor geographic distinction but one that matters for buyers for whom walking distance to Bal Harbour Shops is a priority. Both buildings are within Bay Harbor Islands and share the same island access, Kane Concourse walkability, and drive time to Bal Harbour. The MILA-vs-ALMA comparison is ultimately a unit configuration question, not a neighborhood one. For the full Bay Harbor Islands context, see the Bay Harbor Islands real estate overview.