TRADED

Nexo Residences Tops Off on North Miami Beach, Changing Short-Term Rental Game

Construction Milestone: Nexo Residences has officially topped off at 16 stories, marking significant progress toward its anticipated 2026 completion.


Strong Sales Performance: The development has achieved 90% in pre-sales, with units starting from the $599,000s, attracting buyers from over 25 countries.


Flexible Ownership Model: Designed for short-term rentals, Nexo offers fully furnished units with no leasing restrictions, catering to modern, hybrid lifestyles.


Nexo Residences, a pioneering short-term rental condominium in North Miami Beach, has reached a key milestone by topping off at 16 stories. This innovative development is redefining condo ownership with its short-term rental-friendly model and international sales appeal.


Breaking Ground, Breaking Molds
Located at 13899 Biscayne Boulevard, Nexo is being developed by a joint venture between Fortune International Group and Blue Road.


The 254-unit building includes fully furnished residences ranging from studios to four-bedroom
townhomes.


Unlike traditional condos, Nexo allows for daily, weekly, or monthly rentals, offering owners complete freedom to lease as they choose.


The building will feature a suite of modern amenities, including a two-story lobby, resort-style pool, co-working spaces, a gym, and electric vehicle charging stations.


Completion is slated for 2026, with construction now shifting focus to interior and amenity buildouts. Why Nexo’s model is drawing international buyers and local investor buzz.


Pre-sales have hit 90%, a strong signal of market appetite, especially among international buyers from Latin America, Europe, and Canada.


Prices start from the high $500,000s, making it a relatively affordable entry point into Miami’s hot short-term rental market.


This model appeals to investors looking to capitalize on South Florida’s tourism economy without the headaches of traditional property management.


The hands-off management style and built-in flexibility also cater to digital nomads and seasonal residents, a growing demographic in the region.


The Bigger Picture: A Sign of the Times

Nexo Residences isn’t just another condo project—it’s a marker of shifting lifestyles and the growing investor appetite for short-term rental-ready units. With its topping-off, Nexo underscores how real estate in South Florida is evolving to meet the demands of a more flexible, globalized market.

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