As a benefit of ownership at District 225, a Related development, the property has been designed for effortless hosting on Airbnb.
Between Miami Avenue and 3rd street, District 225 is perfectly situated in the heart of Miami’s extraordinary social, cultural, culinary, and sporting offerings. A short distance from Miami Beach, Brickell, Wynwood Arts District, Design District, Miami International Airport, Adrienne Arsht Center for the Performing Arts, and the American Airlines Arena (now FTX Arena).
As Downtown Miami evolves into one of the Magic City’s most dynamic live-work-play-stay destinations, it has become the ideal location for a luxury condo tower designed in every detail for those seeking effortless, fully flexible residential ownership.
The building consists of 343 apartments developing on a total of 37 floors, divided between Studio (20%), one bedroom (55%) and 2 bedroom (25%).
Double-height lobby featuring professionally curated, museum-quality art
Expansive resort-style pool deck offering towel services, an indoor/outdoor bar area and social lounge with food/beverage service, and entertainment room with gaming tables
Two floors of activity amenities featuring a state-of-the-art, fully equipped fitness center that includes a private yoga/ spinning room with virtual trainer, an indoor basketball court, 28-foot-high rock climbing wall, and a regulation-size racquetball court Meshberg Group-designed treatment room and spa with separate his-and-hers saunas, steam rooms, and changing rooms
Co-working floor featuring private meeting rooms, conference room, lounge area, highspeed Internet, and a full-service kitchen Rooftop amenity deck with plunge swim spa, fire pit, summer kitchen, and gorgeous views of Downtown Miami and Biscayne Bay On-site cafe offering delivery service throughout the building, to residences and to amenity areas
Customized password-protected application for smart-home management, including integrated concierge services
Electric bikes with charging stations for residents on the go
On-demand housekeeping services
Climate-controlled package room
24/7 security services, high-speed elevators, and controlled property access 24/7
valet services and self-parking (valet parking included) 24/7 concierge services
Fully finished and furnished
Gourmet kitchens featuring custom Italian cabinetry Smeg appliances, including paneled refrigerator/freezer and dishwasher, built-in convection oven, cooktop, and microwave
Fully built-out closets
Rain showers in primary bathrooms and custom Italian vanities
Contemporary lighting packages, including recessed lighting, dimmers, and lighting control 9-foot-high ceilings
Full-size washer and dryer
Smart home technology for seamless personalization with the touch of a button, including controls for audio, climate, window treatments, and lighting systems
Pre-wired for high-speed communications and data connection Smart access using keyless entry
With no rental minimum or maximum stays, residences can be immediately leased for both short- and long-term durations (in accordance with applicable laws and restrictions). No other comparable property can offer this combination of flexibility, expertise, and reputation.
Great return on investment projected to be about 8-10% net and before income taxes, if managed as short term rental.
The building offer to owners the qualification of SUPER HOST on Airbnb platform, giving them the opportunity to market their own apartments with the advantage of excellence, providing also up to $1,000,000 USD property damage protection on most bookings and 24 hours services of concierge and cleaning.
TIMING OF THE CONSTRUCTION
Groundbreaking 1st quarter 2022
End of construction 4th quarter 2023/1st quarter 2024