Available
$580,000(ARV: $800,000)73% of ARV

Miami-Dade County, Miami, FL 33132

1 bd1 ba647 sfBuilt 2025

402 days ago

Gross spread$220,000

Description

The condo/hotel is in Miami Worldcenter, the heart of downtown Miami. The location has a lot of perks and it is in walking to distance to restaurants, cafes and shops. [contact details hidden] It is 20 minutes to the Miami International Airport, 14 minutes to Brickell and 4 minutes to Brightline Miami train station. Units with ocean view and balcony are available. Inventory changes on daily basis but we can find the unit based on your preferences. All units come fully furnished. We can offer you a good discount. 1 bed/1 bath units start at $600k 2 beds/2 baths units start at $800k Developer offers 2-years leaseback. Rents are paid quarterly or monthly at 6% of the purchase price so you don’t need to worry about tenants for 2 years. For example, if you purchase a unit for $500k, you will receive $30k/Annual rent that will be paid for 2 years. Plus, you don’t need to worry about property taxes or monthly HOA fees for 2 years. After 2 years, the developer can continue managing your unit with a minimum fee or you can rent your unit yourself. Alternatively, you can sell it. The condo was completed in October 2025. Cap: %6 No HOA for the first 2 years After 2 years, HOA: $1.27/sf No property tax for the first 2 years. You'll pay the tax and the developer will pay you back. Total Units: 466 Floors: 41 Developer: Merrimac Ventures Fully furnished units with washer and dryer Pet friendly Ocean view or city view units Walking distance to Brightline Train station The condo is in downtown Miami. A fitness center with Technogym and Rogue equipment Spa with sauna, cold plunge, and steam rooms Yoga/pilates studio and meditation space Rooftop pool and poolside restaurant Pet wellness center and dog run On-site restaurant, bar, and coffee lounge 24/7 concierge, security, and package services Workflow coworking spaces with private offices and podcast room A 24-hour open fitness center with turf areas and group classes For more information, please contact [contact details hidden]

$/sqft vs market

This deal$896/sqft
Market median$255/sqft
Difference+251% above

Median of 11 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms1
Bathrooms1
Square feet647
Lot size
Year built2025
ConditionTurn Key
OccupancyVacant
ParkingGarage

Systems & condition

Roof age1-3 yrs
HeatingOther · 0-5 yrs
Air conditioningCentral AC
FoundationOther
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing1,286
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