| SMART BRICKELL TOWER 3 SHORT TERM RENTAL APPROVED PRE-CONSTRUCTION OPPORTUNITY
SUMMARY:
Smart Brickell Tower 3 is a boutique building with 71 residences and 42 residence lodging units with hotel-style amenities. Smart Brickell Tower I and Tower II are SOLD, and Tower 1 is currently under construction. Units are delivered finished, furnished, and ready to move in with Arquitectonica Interiors, Bosch appliances and Italian kitchen cabinets.
RENTAL OPTIONS:
OPTION 1 - LEASEBACK program with the developer for 2 years that guarantees 2 years of rent at a fixed rate. Lodging Units - 7% Leaseback Condo Units - 6% Leaseback
OPTION 2: Flexibility to place their unit on any short-term rental site such as AirBnB.com, Booking.com, VRBO.com, and many others, to maximize their profitability. The unit can be rented up to 365 times a year.
PRICE RANGES:
Condos: 1 bed /1 bath: $496,000 - $530,600 1 bed + Den/1.5 bath: $587,900 - $613,900 2 bed/2 bath: $759,900 - $804,900
Lodging: 1 bed /1 bath: Starting at $477,405 1 Bed + Den / 2 Bath: $502,900 - $522,900
*Prices are subject to availability and may change
RESIDENTIAL MIX:
71 Condominiums Levels 10 - 22 1 Bedroom 533 - 560 SF 1 Bed 1.5 Bath + Den 660 - 706 SF 1 Bed 2 Bath + Den 770 - 839 SF 2 Bedroom 847 SF
42 Hotel Residences Levels 2 - 7 1 Bedroom 600 SF 1 Bed 2 Bath + Den 626 - 648 SF
DEPOSIT PROGRAM:
10% upon reservation 10% to the contract – estimated Q1 2022 10% at groundbreaking - estimated in Q3 2022 10% 90 days after groundbreaking estimated Q4 2022 10% at eighth floor - estimated Q1 2023 50% at closing - estimated Q4 2024
HOA and PARKING:
Maintenance: $ 0.80 per square foot. Parking- 1 valet parking spot
EXPECTED COMPLETION DATE:
Q4 2024
If you would like more information on this project or would like to schedule an appointment to visit the sales gallery, call or text me today: 305-902-7107
|
| |
|
|
|
| Not intended as a solicitation if your property is already listed by another broker. Affiliated real estate agents are independent contractor sales associates, not employees. ©2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. |
|
|
|
|