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 |
| TOTAL ONSITE PARKING SPACES | |
| FIRST DEPOSIT % | |
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| UNIT FINANCING AVAILABLE | |
| 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 | |
| DATE OF GROUNDBREAKING PARTY | |
| NOTICE OF COMMENCEMENT FILED | |
| DATE CRANE ERECTED | |
| DATE OF CONDO DECLARATION FILING | |
| DATE OF CONDO LAUNCH PARTY | |
| DATE OF TOPPING OFF | |
| DATE OF FIRST RECORDED TRANSACTION | |
| LEAD LENDER | |
| LEAD LOAN AMOUNT | |
| DATE OF LEAD LOAN | |
| SECONDARY LENDER | |
| SECONDARY LOAN AMOUNT | |
| DATE OF SECONDARY LOAN | |
| CONDO PROJECT WEBSITE | |
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| BUYSIDE COMMISSION % | |
| PRICING SURVEY DATE | |
| MINIMUM PRICE PER DOOR | |
| MINIMUM PRICE PER SQUARE FOOT | |
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Miami Condo Inventory Report
This is a snapshot of the tricounty South Florida region Of Miami-Dade, Broward And Palm Beach.
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| South Florida | 25,314 | 11.4 |
| Miami-Dade County | 10,322 | 12.5 |
| Broward County | 9,049 | 11.5 |
| Palm Beach County | 6,083 | 10.1 |
Peter Zalewski is a former financial journalist, condo consultant, expert witness, licensed Florida real estate broker and the founder of the Miami Condo Investing Club™ (MiamiCondo.Club).
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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