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The 3 Best New Development Investments for AirBnB in Miami
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·2 min read

These are the 3 best new developments today in Miami if you want to invest on airbandb rentals.

We are including the facts so we can keep this information as useful as possible.

NOMAD

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  • Price Range: $700,000 - $850,000
  • Developer: Related Group
  • Architect: Arquitectonica
  • Interior Design: The Design Agency
  • Number of Units: 329
  • Numbers of Floors: 8 stories
  • Size Range: From 464ft² - 931ft²
  • HOA: Less than $1.00 per Sq.Ft.
  • Deposit Schedule
    • 10% at Reservation
    • 10% at Contract (60 days after)
    • 10% at Groundbreaking (end of 2022)
    • 10% at Top off end of 2023)
    • 60% at Closing (4th quarter of 2024)

THE ELSER

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    • Price From: $577,200 - $1,715,000
    • DeveloperProperty Markets Group (PMG) Greybrook
    • Architect: Sieger Suarez Architects
    • Interior Design: Cotofana Designs
    • Number of Units: 640
    • Numbers of Floors: 47 stories
    • Size Range: From 404ft² - 1,307ft²
    • HOAUnder $1.00 per Sq.Ft.
    • Deposit Schedule
      • 10% deposit at Reservation
      • 40% deposit at Contract - end of June 2022
      • 50% deposit at the closing - August 2022

    NEXO RESIDENCES

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    • Price From: $435,750 - $1,629,085
    • Developer: Fortune International Group & Blue Road
    • Architect: Frankel Benayoun Architects, Inc.
    • Interior Design: Carlos Ott
    • Number of Units: 254
    • Numbers of Floors: 15 stories
    • Size Range: From 465ft² - 2,190ft²
    • Deposit Schedule
      • Studio $25,000 Deposit
      • 1 Bedroom $40,000 Deposit
      • 2 Bedroom $60,000 Deposit
      • 3 Bedroom $80,000 Deposit
      • 3 Bedroom Townhome $80,000 Deposit
      • 4 Bedroom Townhome $100,000 Deposit
      • *** Balance due within 30 days of contract to complete
      • 20% Total Deposit
      • 10% at Groundbreaking
      • 10% 90 Days after groundbreaking
      • 10% at Top-off
      • 50% at Closing

    As always, we are commited to bring you themost relevant information on the real estate market and these projects speak of that relevancy.

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