$99,000for a 1/8 share1/8 Co-Ownership

Miami, Florida, USA — 1-Bed Apartment With Bay Views & Resort Pool

1Bedrooms
1Bathrooms
54 m²Living area
45Nights / year
1/8Share size
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About This Property

High in a tower at the centre of Miami Worldcenter, this one-bedroom residence looks out across the bay through floor-to-ceiling glass. The layout is open and light all day, and the building does the rest — this is a home you arrive at with a suitcase and nothing else.

Downstairs, and it is a long way downstairs, sits over 70,000 sq ft of amenities: a resort-style pool with private cabanas, a hammam spa with sauna and steam rooms, yoga and fitness studios, and on-site fine dining. There is beach club access on Miami Beach with a shuttle, which is the piece most city apartments cannot offer. Downtown Miami, the Arsht Center and the Design District are all within a few minutes.

Features & Amenities

  • Resort Pool With Cabanas
  • Hammam Spa, Sauna & Steam
  • Fitness & Yoga Studios
  • On-Site Fine Dining
  • Beach Club Access With Shuttle
  • Delivered Furnished
  • Short-Term Rentals Permitted

Location

Miami, Florida, USA

How Co-Ownership Works

How Co-Ownership Works

  • You own 1/8 of the homeReal ownership of the home — not a timeshare, not points.
  • 45 nights a yearStays are scheduled fairly between the co-owners across the whole year.
  • Costs are sharedYou pay 1/8th of the home's total running costs, shared between all owners.
  • Fully managedMaintenance, cleaning and scheduling are handled for you — just arrive and enjoy.
  • You set the resale priceThe share then goes on the open market.
  • Transfer to your loved onesPass your share on to your children or loved ones, so your family can enjoy the home for generations.

What a night here really costs

Owning a piece of this home, renting something similar, or buying a whole home like it: the cost per night you'd stay, side by side.

Prefilled with this home: $99k for a 1/8 share of a $792k home.

Assumptions

Example figures: change them to your own. This home's real running costs are a button away below.

What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.

Rent every year

$260

per night you stay

Real cost over 10 years
$117,000
Money tied up
None
Back when you sell
Nothing
Nights a year
45

Co-own a 1/8 share

$154

per night you stay

Real cost over 10 years
$69,442
Money tied up
$106,920
Back when you sell
$94,050
Nights a year
about 45

Buy the whole home

$1,235

per night you stay

Real cost over 10 years
$555,532
Money tied up
$855,360
Back when you sell
$752,400
Nights a year
45 of 365

At 45 nights a year, owning a share works out at $154 a night: $106 a night less than renting and $1,080 less than owning the whole home for the same stays.

Per night = what you pay in (price, taxes, running costs, and what the money could have earned) minus what you get back when you sell, divided by the nights you stay. It assumes the home is worth the same when you sell; a share can appreciate in value, so change that under Assumptions if you like.

What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.

Want the real numbers for this home?

We'll send its yearly running costs with the full photos and floor plans.

Enquire About This Property

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