Miami’s New and Pre-Construction Condo Update: February 2019

Miami’s New and Pre-Construction Condo Update: February 2019

Mar 19, 2019 March 19, 2019

We know how much everyone loves to save. That is why, starting this month, we will be featuring a special section talking about all the special deals and offers announced on pre- or latest-construction condos in our monthly reports. So, read on and subscribe to stay tuned on all the latest developments in the pre-construction condo space in Miami, and find some special opportunities while you’re at it!


Topped-off

Monad Terrace - South Beach
Monad Terrace South Beach

Pritzker Prize-winning architect, Jean Nouvel’s first built project in Florida has officially topped off. Each of the 59 condo residences in this "reflective building" are designed to offer ocean views. With completion on track for early next year, amenities include a signature water garden comprising of a central lagoon, reflecting pools, adjacent swimming pools, plus climbing gardens, sun deck with pool service, café and juice bar, residents’ lounge, water sports storage and much more.

Prices start at $1.7 million, with a choice of two- to five-bedroom residences


Other Updates

Okan Tower - Downtown Miami

Okan Tower Downtown Miami

This first approved condo-hotel in Downtown is moving ahead with contract conversions early this spring. The 70-story tower includes 153 condos, 236 condo-hotel units and 316 hotel suites. Conversions are starting for both, the condo and condo-hotel units. Aimed at being the tallest in Miami, amenities here include full-service spa with Hammam, three swimming pools, a pool bar and lounge, screening room, kids’ club, cigar room, co-working spaces and much more.

Prices start at $346,000, with a choice of studios to three-bedroom residences


Special Offers

Reach at Brickell City Center - Brickell

Reach and Rise Brickell City Center Brickell

Okay, so we know that Brickell City Center’s condo towers are not pre-construction, but the incentive offered by developers is worth a mention. With about 19% of the combined units at these 43-story towers still unsold, Swire Properties is offering a 10% cash back and two-year waiver on maintenance fee for their leftover inventory. This means, on a condo worth a million dollars, the incentives add up to $130,000, which would include $100,000 (10%) in cash back and $15,000 per year in condo fee.


Rise at Brickell City Center - Brickell


Amenities at Reach and Rise include a half-acre amenity deck inclusive of heated lap and social pools, poolside café service, exclusive Hammam, nail salon, library, tech-savvy children’s playroom, tea room and much more.


Cover photo credit: monadterrace.miami




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