$444,000for a 1/8 share1/8 Co-Ownership

Miami, Florida, USA — 2-Bed Branded Residence With Panoramic Terrace

2Bedrooms
3Bathrooms
218 m²Living area
45Nights / year
1/8Share size
Contact UsEnquire
I'm interested

About This Property

A 2,351 sq ft residence in a five-star branded property on South Miami Avenue, with 10-foot ceilings, floor-to-ceiling sliding glass and a 281 sq ft terrace wrapped in panoramic views. Two bedrooms plus a flex room that converts to a third, three baths, Italian cabinetry, Wolf and Sub-Zero appliances and full smart-home automation.

The building is the point as much as the apartment. Two resort decks with pools and private cabanas, a spa with sauna, a Technogym fitness centre, a pickleball court, a golf simulator, a library, a screening room, pet services, a private restaurant with 24/7 in-residence dining, and a house limousine. It is a hotel that happens to be your address, in the part of Brickell that has become the centre of the city rather than an annex to it.

Features & Amenities

  • Five-Star Branded Residence
  • 281 Sq Ft Panoramic Terrace
  • 10-Foot Ceilings & Floor-To-Ceiling Glass
  • Two Resort Pools With Private Cabanas
  • Spa, Sauna & Technogym Fitness Center
  • Private Restaurant & 24/7 In-Residence Dining
  • Screening Room, Library & Golf Simulator
  • House Limousine Service

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: $444k for a 1/8 share of a $3.6M 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

$1,180

per night you stay

Real cost over 10 years
$531,000
Money tied up
None
Back when you sell
Nothing
Nights a year
45

Co-own a 1/8 share

$692

per night you stay

Real cost over 10 years
$311,435
Money tied up
$479,520
Back when you sell
$421,800
Nights a year
about 45

Buy the whole home

$5,537

per night you stay

Real cost over 10 years
$2,491,478
Money tied up
$3,836,160
Back when you sell
$3,374,400
Nights a year
45 of 365

At 45 nights a year, owning a share works out at $692 a night: $488 a night less than renting and $4,845 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

When are you thinking?
Roughly what were you thinking of spending?
Have you looked at co-ownership before?

Similar Properties in Florida

Miami, Florida, USA — 2-Bed+Den Apartment With Pool

2Beds
83 m²Home size
$113,0001/8 share
2 Beds83 m²

$113,000

1/8 share
View Property →

Miami, Florida, USA — 1-Bed Apartment With Pool

1Bed
66 m²Home size
$84,0001/8 share
1 Bed66 m²

$84,000

1/8 share
View Property →

Miami, Florida, USA — Studio With Pool

41 m²Home size
$68,0001/8 share
41 m²

$68,000

1/8 share
View Property →