Published by Peter Zalewski
12/4/2023 
4:31:23 PM Project Description:
This project is designed for home-sharing. Nexo Residences offer a new, urban autonomy for independent homeowners.
Nexo’s 254 move-in ready residences range from studios to four-bedroom townhomes.
– Turnkey tastefully finished and furnished units
– No rental restrictions
– Approved in Florida for EB-5
For More Information, Click Here
CraneSpotters Preconstruction Condo Project Overview |
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| Condo Description | Details |
| PROJECT NAME | Nexo Residences |
| ADDRESS | 13899 Biscayne Boulevard North Miami Beach, FL 33181 |
| SUBMARKET | North Miami Beach |
| COUNTY | Miami-Dade |
| WATERFRONT PROJECT | No |
| TYPE OF WATERFRONT? | n/a |
| NUMBER OF TOWERS | 1 |
| TOTAL FLOORS (BY ELEVATOR) | 15 |
| TOTAL RESIDENTIAL UNITS | 254 |
| BED RANGE | Studios TO 4 Bedrooms |
| RANGE OF SQUARE FEET | 450k TO 1.8 Million |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 1 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 2 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 3 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 4 BED – XX – X,XXX SF |
| MINIMUM PRICE PER UNIT | 400k |
| MONTHLY MAINTENANCE FEE PER UNIT | |
| MONTHLY MAINTENANCE FEE PER SQUARE FOOT | $ 1.17 |
| TURNKEY READY | Yes |
| PROPERTY AMENITIES | Resort pool, bar, gym, Pilates and yoga, outdoor cinema, roof top observatory terrace, fireplaces, BBQ, business center, kids’ playground, self-parking and valet. |
| WATER VIEWS | |
| PETS PERMITTED | Yes |
| MAXIMUM NUMBER OF PETS | |
| RENTAL TIMES PER YEAR | no restrictions |
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| RECOMMENDED LENDERS | |
| PROJECT STATUS | Under Construction |
| PRESALES UNDERWAY? | |
| RATIO OF PRESALES | |
| SCHEDULED CONSTRUCTION START | 2023 |
| SCHEDULED COMPLETION DATE | 2025 |
| YEAR COMPLETED | |
| DEVELOPER | FORTUNE INTERNATIONAL |
| COUNTRY OF DEVELOPER | UNITED STATES |
| DEVELOPER FEE % | |
| ARCHITECT | FRANKEL BENAYOUN ARCHITECTS |
| ARCHITECTURAL FIRM | FRANKEL BENAYOUN ARCHITECTS |
| GENERAL CONTRACTOR | |
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| MINIMUM PRICE PER DOOR | |
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Condo Market Inventory Tracker
A Snapshot Of Tricounty South Florida Region Of Miami-Dade, Broward And Palm Beach
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| Condos | 24,016 | 10.2 |
| Luxury Condos | 3,740 | 15.1 |
| Shortsales | 30 | 15.0 |
| REOs | 126 | 6.6 |
| Rentals | 21,476 | 3.9 |
Peter Zalewski is a licensed real estate broker and consultant focused on the South Florida condo market. Zalewski is a former special contributor to the Miami Herald and a former real estate columnist for The Real Deal magazine. Zalewski now hosts the Miami Real Estate Investing Podcast that is available in audio and video wherever you get your podcasts.
Confused about whether it is the appropriate time to buy or sell a condo in South Florida? The experts at CVR Realty are here to assist you in crafting a strategy during this uncertain time. Unlike many brokers offering services, our organization has been through the cycles and can assist you to capitalize on the situation.
For a free consultation, please contact the South Florida Condo Experts
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