Availability: Studio - 2 bedroom
Price: From $644,000
Estimated Completion: Q3 2024
Tenure: Freehold
Rental Yield: 6.3%
Why Miami, Florida?
• Florida receives 45% of all international visitors to the US
• Miami hosts 1,641 visitors for every 100 residents
•Florida GDP has topped $1 trillion, making it the 18th largest economy in the world
• One of the most tax-friendly states in the US
• Miami Airport connects with 150 destinations globally generating $31.9 billion annually
• Fastest house price growth in the US, well above the national average
FULL DESCRIPTION
In the Heart of Downtown Miami – Short-term Let Approved
Located in Downtown Miami next to the Miami World Center, our project is comprised of 160 luxury fully furnished condos within a stunning development offering over 70,000 sqft of incredible amenities. The 51-story landmark building is designed by internationally acclaimed Arquitectonica, offering panoramic ocean, Biscayne Bay and Miami skyline views.
Amongst other things, amenities include a 9th-floor restaurant, media lounge, ground-floor coffee shop, poolside retreat with cabanas, yoga studio, sauna and steam rooms—plus private beach club access on Miami Beach.
BUILDING FEATURES:
•Double-height lobby with floor-to-ceiling windows
•24-hour welcome desk, valet parking, and secure access
•Advanced technology smart-building with high-speed fiber-optic
•Wireless internet access throughout common areas
•Cutting-edge green building technology
•Six high-speed passenger elevators with access control
•On-site hospitality management
•Over 9,000 sqft of ground level retail with known food and beverage offerings
•Three floors of private office space for lease
•Three floors of dedicated amenity space including wellness, culinary, conference centre and pool
PERFECT FOR INVESTMENT
Over 26.5 million people visited Miami in 2022, driving huge demand and occupancy, providing some of the best short stay rental returns in the USA.
Apartments can be rented out 365 days of the year via any short-term let company including Airbnb. Everything can be managed for you offering you a true hands-off experience. There is nothing else available in the market at this price, location and high quality that is ready for 2024.
LOCATION
UNPARALLELED FOR AIRBNB
The epicentre of Downtown Miami means always having the best of the city nearby, including the Miami World Center, which has the incredible 7th street promenade, and offers an array of shopping, dining, commercial, and green open spaces, and so much more.
Located next to the new Brightline Station, which from the 22nd September 2023 will now run directly to Orlando, increasing the number of visitors coming directly into Downtown Miami. With annual occupancy rates over 80% in Miami, this development is located in the perfect spot for investment.
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