With 70% of units sold and unprecedented demand from foreign buyers, Fortune International Group, in partnership with Blue Toad, broke ground on Nexo Residences, the first new construction condominium project with full home-sharing capabilities in the rapidly evolving city of North Miami Beach. The property has witnessed remarkable sales success since its launch in 2022, continuing to attract buyers for its short-term rental offerings, idyllic location, and EB-5 investment component.
The 15-story development presents 254 move-in-ready residences that will be delivered fully furnished and can be utilized at the discretion of each homeowner. Priced from the mid-$600s, studios to four-bedroom townhomes range from 531 to 2,190 interior square feet.
“We are immensely proud to commemorate the groundbreaking of Nexo Residences,” says Edgardo Defortuna, CEO of Fortune International Group. “Buyers and investors from all around the globe have flocked to this project because of its central location, impeccable amenities and the appeal of having the flexibility to rent out their units, keeping in line with Fortune’s mission of creating timeless projects that surpass all expectations through innovation and attention to detail.”
Fortune International Group, Blue Road, city officials, development partners and friends gathered at Nexo Residences’ stunning sales gallery at 13750 Biscayne Blvd. to celebrate the groundbreaking. Honorary guests included North Miami Beach Commissioners Daniela Jean and Phyllis Smith, North Miami Beach Chief of Staff Marline Monestime, and Mercedes Mosley from North Miami Beach Economic Development.