AvantStay Expands Into South Florida With Nexo Residences Partnership

What The Nexo Residences Partnership Includes
Avantstay is expanding its South Florida presence through a new partnership with Nexo Residences, a professionally managed condominium project under development in North Miami Beach. The 16-story property is being developed by Fortunen International Group and Blue Road and is expected to open in the third quarter of 2026. Under the agreement, AvantStay will serve as the preferred property manager and technology platform for the development’s short-term rental operations.

What The Residential And Hospitality Concept Looks Like
Nexo Residences was designed as a hybrid lifestyle project combining residential living, hospitality services, and coworking-focused amenities within a single property. The development will include 254 residences ranging from studios to three-bedroom units, along with a limited collection of townhomes. Units will be delivered fully furnished with European-style kitchens, Bosch appliances, floor-to-ceiling windows, and private owner storage closets. Amenities planned for the property include a resort-style pool, rooftop observatory deck, yoga studio, fitness center, outdoor movie theater, coworking and tech hub, and hospitality-managed guest services. The project reflects the growing popularity of flexible living environments designed to support both residents and remote-working travelers.

What This Means For Hospitality And Residential Trends
The partnership highlights the continued convergence of hospitality and multifamily residential development across South Florida. Rather than functioning as traditional condominiums or hotels, projects like Nexo are increasingly targeting buyers seeking flexible ownership structures that allow both personal use and professionally managed short-term rentals. Developers are also leaning heavily into coworking spaces, technology integration, and amenity-driven programming as remote work continues influencing residential demand patterns. AvantStay’s role includes operational management, guest services, housekeeping, and technology systems supporting short-term rental activity within the building.

What This Signals About The North Miami Beach Market
North Miami Beach continues attracting mixed-use and hospitality-oriented development as demand expands beyond Brickell and Miami Beach. Projects blending residential ownership with hospitality operations have become increasingly attractive to both developers and investors looking to capitalize on South Florida’s tourism economy and migration growth. The addition of branded management partnerships also reflects how developers are using hospitality operators to differentiate residential projects within an increasingly competitive luxury market. Nexo Residences is located at 13899 Biscayne Boulevard and is currently targeting a Q3 2026 opening.