New Residence Offers Short-Term Rentals in North Miami Beach
The latest project from Fortune International
In an era of hyperconnectivity, contemporaries seek immediacy in all their lifestyle needs, from convenience to location and technology. Fortune International Group in partnership with Blue Road—the Florida-based integrated developer of hospitality, residential, commercial and mixed-use projects—has announced the sales launch for Nexo Residences. The property, featuring 254 residences, is one of the first condominium projects with short-term rental capability in the rapidly growing city of North Miami Beach, adding to the area’s economic growth currently underway. Located at 13899 Biscayne Blvd., it presents move-in-ready residences with full home-sharing capabilities without restrictions, coupled with resort-style amenities.
Nexo, meaning “nexus” in Spanish, is the ethos of the brand: a central point that links two or more elements. The connection to all essentials is a key factor when today’s short-term renters select their next stay, reinforcing the unique opportunity for buyers to benefit from this notion within the budding submarket. With exclusive sales and marketing by Fortune Development Sales, Nexo Residences’ units will be delivered turnkey. Each homeowner has the choice to rent his/her residence for short-, seasonal- or long-term durations without listing limitations, making it a coveted property type for investors, while enjoying the option to use it at their own discretion or for personal leisure.
“Nexo Residences will serve as the premier short-term rental offering in North Miami Beach, an area that has been underserved in hotel and rental product; most projects of this kind concentrate in downtown Miami and Brickell,” says Edgardo Defortuna, president and CEO of Fortune International Group. “This booming submarket continues to draw residents and visitors for its nearby office parks, universities, shops, and dining. We envisioned the project as a complement to its surroundings while activating the property with thoughtful features and technology that speak to the future of real estate.”