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ELLE RESIDENCES MIAMI

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.

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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)

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