New Residential Towers to Provide Renters a Taste of Condo Living in Miami
The city’s real estate market will shortly see more options regarding rental units
Three rental towers will soon provide Miami’s real estate market with properties capable of delivering luxury living for residents preferring leasing options. While a significant number of new residential developments in Miami consisting primarily of condominiums for buyers, the new residences are slated to open over the coming summer and fall seasons to provide more availability to luxury renters.
Downtown 5th (pictured top), CORE at Link at Douglas (pictured left) and Bezel Miami Worldcenter (pictured bottom) will open their doors to provide luxe home options and glamorous amenities for residents wanting high-end living but not yet ready to delve into the cost of purchasing Miami real estate.
At Downtown 5th, twin 52-story towers consisting of 1,042 rental units with nearly 13,000 square feet of ground-floor retail space will become the single most extensive multifamily development ever built in Downtown Miami’s Central Business District.
Being situated along Coconut Grove and Coral Gables enables CORE at Link at Douglas to provide renters a central location near Miami’s popular shopping, dining and entertainment destinations. The 22-story, 312-unit residential building sits on a seven-acre mixed-use development located next to Miami-Dade’s Metrorail and The Underline linear park. Amenities include a rooftop pool deck, poolside grilling, private cabanas, a fitness center with a yoga studio, as well as a business center and media room.
“With CORE, we wanted to set a new standard for those who want a more connected lifestyle,” says Aaron Stolear, Associate Vice President of 13th Floor Investments, on behalf of the joint venture development team. “At CORE, residents will lease apartments but will ‘live’ at the building – the amenities are just that spectacular.”
The Bezel Miami Worldcenter tower provides a mix of residential, shopping, dining and entertainment space along 27 acres, which also consists of commercial and hotel use. The transit-oriented residence is mere feet from Brightline’s MiamiCentral train station with views overlooking Biscayne Bay, FTX Arena and Museum Park.