$89,000for a 1/8 share1/8 Co-Ownership

Miami, Florida, USA — 1-Bed Brickell Apartment With Rooftop Pool & Spa

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

A one-bedroom, one-bathroom apartment in Brickell, with a professionally designed open living and dining room, floor-to-ceiling windows, built-in closets, a washer-dryer and a private balcony with views across the city. It comes fully furnished by the developer, with smart-home control for entertainment, lighting and air conditioning.

The building is a 25-storey tower of just 100 residences, with a rooftop pool, sauna and fitness centre looking across the Miami skyline, a full-service spa, on-site hospitality, 24/7 concierge and valet parking — and a boutique coffee shop in the building. Brickell City Centre, the waterfront and the neighbourhood's restaurants are all within walking distance.

Features & Amenities

  • Floor-to-Ceiling Windows & Private Balcony
  • Rooftop Pool & Sauna
  • Fitness Center
  • Full-Service Spa
  • 24/7 Concierge & Valet Parking
  • Smart Home Lighting, AC & Entertainment
  • Fully 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: $89k for a 1/8 share of a $712k 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

$240

per night you stay

Real cost over 10 years
$108,000
Money tied up
None
Back when you sell
Nothing
Nights a year
45

Co-own a 1/8 share

$139

per night you stay

Real cost over 10 years
$62,427
Money tied up
$96,120
Back when you sell
$84,550
Nights a year
about 45

Buy the whole home

$1,110

per night you stay

Real cost over 10 years
$499,418
Money tied up
$768,960
Back when you sell
$676,400
Nights a year
45 of 365

At 45 nights a year, owning a share works out at $139 a night: $101 a night less than renting and $971 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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