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- Market Report
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Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
2024
Sq.Footage
N/A
This unit operates under a co-ownership model with eight owners per residence. Each buyer acquires a 1/8 share of the property, sharing the initial purchase cost as well as operating and maintenance expenses equally among all owners. Ownership is structured through a parent company in which all owners are included on the title, ensuring a clear and secure legal framework. Under this flexible-use model, each owner enjoys up to 45 days of use per year, distributed across multiple stays, with usage weeks rotating annually to allow access to different seasons at no additional cost. Unlike a fixed model, there is no guaranteed rental income; however, owners may personally use their allotted days or place them in the rental pool to generate income based on market demand and occupancy. The developer is also one of the co-owners and manages all operations, administration, and reservations, eliminating the need for personal involvement. The unit is delivered fully furnished and ready for immediate use, and all fractional interests are priced equally since ownership is based on rotating usage rather than fixed seasons. Overall, this is an ideal opportunity for buyers seeking a Brickell property with a low entry cost, flexible annual use, and income potential without the burden of hands-on management—supported by professional photos and a virtual tour available in the unit’s Dropbox.
Features & Amenities
Interior
-
Other Interior Features
Master Downstairs
-
Total Bedrooms
2
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Electric
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
No
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Parking
Valet
-
Patio and Porch Features
Deck
-
Pool
Yes
-
Pool Features
Association
-
Waterfront YN
NO
-
View
Other
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Condominium
Price
-
Sales Price
$124,500
-
Tax Amount
1079.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
Yes
-
Association Fee
$923
-
Association Fee Frequency
Annually
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
26
-
Association Amenities
Fitness Center, Pool, Elevator(s)
-
Ownership
Fractional/Co-Ownership
-
Senior Community YN
NO
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Martha Ledesma Guevara , EXP Realty LLC
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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