The project is currently designed for up to 180 luxury condo-hotel residences across approximately 95,000 net sellable air-conditioned square feet (“NSF”). up to tow (2) commercial units across 4,400 net rentable square feet (“NRF”) of commercial, and over 186 parking spaces. The Project is planned to rise to 337 SQ.FT. across 23 floors. Sponsor is currently under negotiations with a Hotel Management operator and a Brand to strengthen the offering to improve sales velocity and price per SQ.FT.
The nation’s most sought-after urban center located in the heart of Miami
PRODUCT SUMMARY
Developer: Vertical Developments | UNCG Architect: Behar & Partners Total Units: 180 Types of Units: One to two bedrooms
Developer: UNCG Architect: Kobi Karp Total Equity: $12.5M Total Units: 180 Condo Hotel (Studio, Jr. Suite, 1-Bedroom, 1-Bedroom + Den, 2-Bedroom) Lot Area (Acres): 0.44 Gross Area (SQFT): 171,595 Commercial: 8,000 SQFT Sellout: $139M Average per SQFT: $1,350 (Condo Hotel)