Press Releases

Nexo Residences

Sales launch for Biscayne Boulevard condos that will double as short-term rentals

Investors flock to short-term rental condo projects in Miami

Developers of short-term rental-friendly condo projects in Miami are experiencing quick sellouts, as investors and end-users flock to more affordable units.

The projects offer units priced as low as the $300,000s, close to what a starter home would cost, in a market that has become out of reach for so many prospective buyers and renters. That appeals to investors, who are snapping them up to generate rental income, experts say.

Investors-flock-to-short-term-rental-condo-projects-in-Miami
Nexo Residences

Fortune Launches Condo Sales of Nexo in North Miami Beach

Fortune International Group, a residential real estate development, sales and marketing firm with nearly 40 years of experience in South Florida, partnered with Blue Road, a Florida-based developer of hospitality, residential, commercial and mixed-use projects, to launch the sales for Nexo Residences.

Nexo’s residences are priced from the $400,000s featuring studios to four-bedroom townhomes ranging from about 525 to 2,190 interior square feet. Each homeowner has the choice to rent their residence for short-, seasonal or long-term durations without listing limitations, making it a coveted property type for investors or residents seeking personal leisure.