The 3 Best New Development Investments for AirBnB in Miami
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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