Image: yotelpadmiami.com
Price
$317,000 - $428,000 — Sold Out New Development
Furniture package sold separately approx $15-$20k, mandatory for hotel or lease back programs
Hotel Program approx 30 - 40% split
No rental restrictions daily, weekly, monthly or Airbnb
2-year lease back 8% gross income purchase price, 4.7% net after HOA fees & property tax
Property
501 NE 1st Ave, Miami, FL 33132
One of few Miami properties with no short term rental restrictions for studio, 1 and 2 bedroom of 231 residential units; social spaces will include full-service restaurant and bar, organic matcha bar along with exclusive residential skytop lounge, bicycle lounge and pet pad with full grooming capabilities
Proximity
American Airlines Arena, Bayfront Park, Bayside Marketplace, WeWork, Miami Worldcenter, Brightline at Virgin Miami Central, Metromover, Citibike
Point of View
Next wave in living — efficient unit and social spaces, intuitive services, approachable flexible — More than a condo
