New Residential Development in Downtown Miami Begins Offering Leasing Options

Soleste Grand Central inside designOne of Miami newest residential developments, Soleste Grand Central, has begun offering leasing contracts for its luxurious property. Billed as Miami’s first large-scale opportunity zone development, Soleste Grand Central will provide 360 units from studio size to three-bedroom homes starting at $1,500 per month.

PTM Partners (PTM) and The Estate Companies (EIG) are partnering on the project as co-developers with the project expected to be completed by the end of June. The 230,430-square-foot property at 218 NW 8th Street is located in Miami’s Overtown neighborhood and features wood style porcelain flooring and modern kitchens with stainless steel appliances, chef’s islands, custom cabinets, quartz countertops and subway backsplashes.

“Our goal for Soleste Grand Central was to add a heightened vitality to Downtown Miami, more specifically Overtown, contributing to the area’s shift in becoming a 24-7, walkable, mixed-use community,” says Robert Suris, managing principal of The Estate Companies.

The property will also include 34,000 square feet of outdoor and indoor amenity space featuring car charging stations, a pool, spa, sun deck, private cabanas, a rooftop lounge with a bar, fitness center, game room, children’s playroom, a dog park, office spaces for rent and dry cleaning services.

“We are confident Soleste Grand Central will exceed the expectations of the members of the immediately surrounding community while attracting the newcomers as part of South Florida’s steady population surge,” says Michael Tillman, CEO of PTM. “If COVID-19 taught us anything in the real estate industry, it’s that the need for accessible housing options that provide premium amenities, especially large outdoor spaces, are valued at a premium by the resident.  We have ensured to deliver that with nearly an acre of indoor and outdoor amenity spaces at Soleste Grand Central.”

For more information, visit Solestegrandcentral.com.

You May Also Like
Rebirth and transformation in our neighborhoods

Cranespotters.com founder Peter Zalewski is in the middle of a boat tour of the condo scene in the Miami area when he points to a couple of cranes and starts

Read More
Slideshow: A spectacular 43-story view in Miami

It’s approaching cocktail hour on Friday afternoon in Miami, but I feel like I’m living an episode of Don Wildman’s “Off Limits” Cable TV show. I’m climbing inside the construction

Read More
Wanna buy a $139 million home?

Le Palais Royal is being proclaimed the most expensive U.S. residential listing at $139 million. The more than 60,000-square-foot, French-inspired Beaux Arts mansion is along the Atlantic Ocean in Hillsboro

Read More
It Pays to Be Hip

When investment and distressed asset veteran Bruno Duarte opened the U.S. office of Brazil-based real estate fund TRX, he needed an office that reflected the fund’s discerning investors.  It had

Read More
Other Posts
FIGHTING THE ELEMENTS

The steel, fabric and glass ribbon is designed to create a cooler microclimate by scooping up breezes, providing a cover during rain showers and generating shade for walkways, shops, restaurants,

Read More
Le Palais Royal

The more than 60,000-square-foot, French-inspired Beaux Arts mansion is along the Atlantic Ocean in Hillsboro Beach. The home’s name is similar to Domaine National Du Palais-Royal, a so-called village in

Read More
Retail rebound

 You don’t have to look much further than the local street corner to realize retail is back in South Florida.  New retail developments have begun to spring up like lilacs

Read More
Not So Scary

Sometimes bad stories end up with happy endings. A major political scandal arose when Tamarac’s Sabal Palm golf course was being converted to residential development land. Father-and-son developers Bruce and

Read More