Construction is not expected to be completed until 2026, but 600 Miami Worldcenter, a 606-unit, 32-story condominium, is sold out. A joint venture between Merrimac Ventures and Aria Development Group just broke ground on 600 Miami Worldcenter, set within Downtown Miami’s Miami Worldcenter 27-acre mixed-use development. The furnished units will have no restrictions on short-term rentals. A $95 million construction loan from Banco Inbursa was secured to help fund the sold-out tower’s development at 600 NE 1st Avenue.

Residences will range from 407-square-foot studios to 830-square-foot two-bedroom units, with prices starting in the $400,000s. Designed by Revuelta Architecture, 600 Miami Worldcenter will boast luxury amenities, including a rooftop swimming pool and a fitness center.

As the second largest urban development in the U.S. after Hudson Yards, the Miami Worldcenter features a diverse mix of residential, commercial and hospitality uses complemented by approximately 300,000 square feet of retail, restaurant, and entertainment space.

Industry leaders and power players are connecting at Connect Phoenix Multifamily & Single-Family Build-to-Rent on April 18 at the Westin Kierland Resort & Spa. Don’t miss the expert’s take on where the market is headed, and what changes are on the horizon. Register Now!