North Miami Beach’s newest condominium project by Fortune International Group & Blue Road Development introduces spacious, two-story townhomes with short-term rental capability.
MIAMI – Nexo Residences – one of the first condo projects with short-term rental capability in the rapidly growing city of North Miami Beach – announced the introduction of its exclusive collection of seven townhomes. Delivered turnkey, each townhome presents expansive two-story layouts, terraces with summer kitchens, and 15-foot first-floor windows priced from $1.23 million. Developed by visionary developers Fortune International Group in partnership with Blue Road, this unique product contributes to the expansion of the home-sharing condo market, integrating the quality, comfort and space of a single family home to the short-term rental development.
Situated on the ground level, the townhomes boast three- and four-bedroom floor plans ranging from 1,547 to 2,094 interior square feet. Each homeowner has the freedom to rent their residence for a seasonal duration of three months or more, up to three times per year, making it a coveted property type for investors to earn a passive income through home sharing while away. Located at 13899 Biscayne Boulevard, the townhomes are positioned within the podium of the building along Highland Drive. All are furnished, move-in-ready and provide access to resort-style amenities available to both owners and tenants.
“We are pleased to introduce this limited collection of premier townhomes to market, adding to Nexo Residences’ diverse array of offerings,” said Edgardo Defortuna, president and CEO of Fortune International Group. “Three- and four-bedroom condos and seasonal rentals with ample space and storage are at a premium, particularly among families, because they provide the privacy and spaciousness of a house, combined with the luxury of having upscale amenities at your fingertips.”
Nexo Residences is designed by Frankel Benayoun Architects Inc, with consultation from internationally renowned architect Carlos Ott. Its common areas, residence interiors, and landscaping are curated by Urban Robot, the local, full-service design collective behind some of the city’s leading hotels and retail concepts, including W Hotel South Beach, the Gucci Flagship in Miami’s Design District, and Oasis Wynwood.
Each townhome comes with a walk-up gated terrace which includes a spacious summer kitchen. The unit’s ground floor will feature 15-foot expansive ceilings while the second-floor ceilings span 10 ft. Enhanced digital features, such as keyless door entry, are integrated throughout for maximal convenience and security.
Also offering 254 condominiums available to lease for short-, seasonal or long-term durations, Nexo Residences’ suite of amenities includes a two-story arrival lobby and lounge, which will be an impressive visual experience upon entry to the building. A two-story tech hub with a café, coworking spaces, and a business center make work a breeze, while entertainment offerings include an outdoor children’s playground, multi-purpose clubroom and private event area.
Health enthusiasts can relish the indoor fitness center with a yoga studio and virtual trainer. To enjoy Miami’s sunshine, the luxury pool deck will be complete with a resort-inspired pool, a spa with loungers, and a summer kitchen, while stargazing can be experienced on the rooftop observatory deck. Additionally, residents can rest assured that their four-legged friends are welcome in the pet-friendly building.
“Nexo Residences will serve as the premier short-term rental offering in North Miami Beach, an area that has been underserved in hotel and rental product,” said Jorge Savloff, CEO of Blue Road. “There is incredible demand for condos that offer home-sharing capabilities, and Nexo’s townhomes have a unique appeal because of the longer rental period. Its spacious floorplan paired with the convenience and comfort of amenities makes this the perfect product for families and seasonal residents.”
Nexo Residences is in proximity to a plethora of business and leisure offerings in Miami, Bal Harbour, Aventura, North Bay Village, Sunny Isles, Hollywood Beach, and beyond. The property is ideally set along the main thoroughfare of Biscayne Boulevard, minutes from the Intracoastal, and is nearly equidistant to both Miami International Airport and Fort Lauderdale-Hollywood International Airport. Nearby attractions include Bal Harbour Shops and Aventura Mall as well as popular outdoor recreational areas and green spaces, like Oleta River State Park and Haulover Park.
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