Blue Road and Ilia Development Group's The William Residences Hits 35% Sold in North Miami Beach Participating in EB-5 Program

The William, a 26-story residential tower in North Miami Beach developed by Blue Road and Ilia Development Group, with sales and marketing led by Fortune Development Sales, has achieved 35% sold since launching sales in late Q3 2025. Situated at 2040 NE 163rd Street, the project continues to gain traction for its new construction offering, lifestyle-driven amenities, central location and international appeal.

The William, a 374-unit, 26-story residential tower in North Miami Beach developed by Blue Road and Ilia Development Group, with sales and marketing led by Fortune Development Sales, has achieved 35% sold since launching sales in late Q3 2025. Situated at 2040 NE 163rd Street, the project continues to gain traction for its new construction offering, lifestyle-driven amenities, central location and international appeal.

The sales progress comes as buyers and investors are becoming more intentional about where they commit capital, looking for markets where connectivity, livability and relative value can support long-term appreciation. As limited availability and rising prices continue to define Miami’s most established neighborhoods, attention is shifting toward North Miami Beach, an area that has evolved into a coveted lifestyle destination.

“This milestone confirms what we believed from the beginning: buyers are ready to look at North Miami Beach differently,” said Jorge Savloff, founder and CEO of Blue Road. “The city has the access, lifestyle and momentum people are seeking, and The William is helping define what this next chapter can look like. Reaching 35% sold shows that buyers recognize the opportunity to be part of that growth early.”

The project spans a broad buyer base, from domestic purchasers seeking a more approachable path into Miami to international investors, particularly from Latin America, drawn to its EB-5 investment opportunity. Residences are priced starting in the mid $400,000s, providing a rare entry point into a new development elevated by world-class design.

“The William’s momentum stands out at a time when condo buyers are being highly selective,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The interest we are seeing from Colombia, Argentina and Mexico speaks to the continued strength of international demand for Miami, particularly when buyers see a compelling investment opportunity in properties that offer new construction, excellent connectivity, and strong long-term growth potential.”

Residences at The William range from studios to three-bedroom floor plans spanning 552 to 1,412 square feet, with sweeping balconies and floor-to-ceiling windows that bring light, views and outdoor living into the everyday experience. Interiors offer imported porcelain flooring throughout, setting a refined foundation for daily living. Kitchens bring together form and function with custom Italkraft cabinetry in a warm tobacco walnut finish, accented by tinted glass doors, brushed black chrome fixtures by Hansgrohe, quartz countertops with seamless backsplashes, and a fully integrated suite of Bosch appliances. Bathrooms echo this attention to detail with contemporary Italkraft cabinetry, quartz surfaces, porcelain tile walls and flooring, and Hansgrohe fixtures.

More than 40,000 square feet of amenities across the tower are designed around everyday living. Offerings include a resort-style pool and sun deck, fitness and wellness facilities, spa treatment rooms, outdoor dining and lounge areas, co-working and café spaces, a children’s playroom and playground, and rooftop gathering areas featuring a pickleball court, courtside lounge and sweeping views of Biscayne Bay and the Atlantic Ocean.

Architecture is led by internationally renowned Carlos Ott in collaboration with Behar Font & Partners, with interiors by Miami-based Urban Robot. Together, the design team brings a high-caliber residential vision to North Miami Beach, pairing a striking louvered façade with warm, contemporary interiors and shared spaces.

Positioned between I-95 and the Atlantic Ocean, The William places residents at the center of it all. Aventura Mall and Bal Harbour Shops, Oleta River State Park, golf courses, marinas, and world-class healthcare are minutes away, while access to I-95, SR-826, two international airports, and the Brightline Aventura station ensure effortless regional and global travel.

The William’s sales gallery is located at 16251 West Dixie Hwy, North Miami Beach.

Renderings via The William Residences / Blue Road

Past PROFILEmiami articles about The William Residences:

For more information about The William Residences or to inquire about purchasing a unit please fill out the form below:

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Blue Road and Ilia Development Group Reveal New Renderings of The William Residences in North Miami Beach

Blue Road and Ilia Development Group have revealed new renderings for The William Residences, a new luxury condominium development in North Miami Beach. The visuals offer a glimpse into the project’s social amenity spaces, part of a 40,000-square-foot interconnected lifestyle program spanning the ninth floor and rooftop.

Blue Road and Ilia Development Group have revealed new renderings for The William Residences, a new luxury condominium development in North Miami Beach. The visuals offer a glimpse into the project’s social amenity spaces, part of a 40,000-square-foot interconnected lifestyle program spanning the ninth floor and rooftop. Conceived by Miami-based Urban Robot, the interiors of the 26-story tower blend sculptural lighting, layered textures, curved forms, warm wood ceilings and lush greenery, all seamlessly connected to outdoor environments. From sunset-facing lounges to garden-framed firepit terraces, each space is designed to feel immersive and intimate.

The newly revealed spaces reflect The William’s approach to design-forward, lifestyle-driven living including a fitness studio with outdoor training and recovery zones; a rooftop Coral Lounge and indoor bar; landscaped firepit lounges with hammock seating; a children’s playroom; and a poolside outdoor bar and social terrace.

Situated at 2040 NE 163rd Street, The William brings to the market 374 residences amid 26 stories. Designed as more than a place to live, it creates a community that blends design, lifestyle, and long-term value, appealing not only to local buyers but also to international investors through its planned EB-5 opportunities, offering both a home in South Florida and a potential pathway to U.S. residency. Residences are priced from the high $300,000s, with sales and marketing exclusively represented by Fortune Development Sales.

Residences at The William are available in studio- to three-bedroom floor plans ranging from 552 to 1412 square feet, with expansive balconies framed by glass railings and floor-to-ceiling windows that maximize natural light and views. Interiors offer imported porcelain flooring throughout, setting a refined foundation for daily living. Kitchens bring together form and function with custom Italkraft cabinetry in a warm tobacco walnut finish, accented by tinted glass doors, brushed black chrome fixtures by Hansgrohe, quartz countertops with seamless backsplashes, and a fully integrated suite of Bosch appliances. Bathrooms echo this attention to detail with contemporary Italkraft cabinetry, quartz surfaces, porcelain tile walls and flooring, and Hansgrohe fixtures.

An expansive array of amenities span more than 40,000 square feet, creating a destination as much as a home. On the ninth floor, residents can enjoy lifestyle experiences focused on wellness, connection, and leisure. This includes a resort-style pool and sun deck, alfresco dining stations with BBQ/summer kitchens, an outdoor bar and terrace lounge with firepits, a state-of-the-art fitness center and yoga studio, an outdoor training and recovery zone, locker rooms, and private spa treatment rooms. The floor also offers a co-working lounge with a terrace and library, an indoor café station, and a self-serve market, while families benefit from an interactive children’s playroom and outdoor playground.

Rising to the rooftop, residents are greeted with sweeping views of Biscayne Bay and the Atlantic Ocean. Distinctive spaces for recreation and gathering include a pickleball court and courtside lounge with a game room, hammock grove, sunset terrace, summer kitchen, and the Coral Lounge, a reservable bar and event space for private celebrations. Four-legged companions are also part of the lifestyle, with a dedicated rooftop pet run and grooming station.

Conveniences will make daily life seamless, including high-speed WiFi, a smart package locker system, seven levels of secure parking with EV charging stations, and a professionally staffed reception with 24-hour concierge and security.

Architecture by internationally renowned Carlos Ott, in collaboration with Behar Font & Partners, gives The William its striking louvered façade. The design is complemented by lush landscaping that evokes a sense of tranquility and renewal, softening the tower’s contemporary lines. Interiors are envisioned by Miami-based Urban Robot, whose multidisciplinary team is known for narrative-driven design that balances form, function, and human connection. Together, the design teams created residences and shared spaces that merge artistry with livability and a modern aesthetic that feels both refined and welcoming.

Perfectly positioned between the I-95 and the Atlantic Ocean, The William places residents at the center of it all. Aventura Mall and Bal Harbour Shops, Oleta River State Park, golf courses, marinas, and world-class healthcare are minutes away, while access to I-95, SR-826, two international airports, and the Brightline Aventura station ensure effortless regional and global travel.

The William’s sales gallery is located at 16251 West Dixie Hwy, North Miami Beach.

Renderings via The William Residences / Blue Road

Past PROFILEmiami articles about The William Residences:

For more information about The William Residences or to inquire about purchasing a unit please fill out the form below:

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Fortune International Group and Blue Road Reveal New Renderings of Townhomes at Nexo Residences in North Miami Beach

Nexo Residences in North Miami Beach, has unveiled new renderings of its townhomes collection, offering a closer look at a residential experience that blends the space and comfort of a single-family home with the flexibility of a short-term rental community.

Nexo Residences in North Miami Beach, has unveiled new renderings of its townhomes collection, offering a closer look at a residential experience that blends the space and comfort of a single-family home with the flexibility of a short-term rental community. In a market where rising insurance premiums, maintenance costs and property management demands are reshaping buyer priorities, townhomes within a full-service residential building present a lower-maintenance alternative, designed for families, end users and investors seeking more room without sacrificing amenities and lock-and-leave flexibility.

Developed by Fortune International Group in partnership with Blue Road, the townhomes offer seasonal rental flexibility of three months or more, up to three times per year, creating an attractive opportunity for home sharing. Each residence is fully furnished, move-in ready and equipped with enhanced digital features such as keyless entry for added convenience and security.

Nexo Residences’ turnkey townhomes feature expansive two-story layouts, private terraces with summer kitchens and dramatic 15-foot first-floor windows, with pricing starting at $1.23 million. Floor plans include three- and four-bedroom residences ranging from 1,547 to 2,094 interior square feet, all situated at ground level along Highland Drive within the building’s podium.

Residents also enjoy full access to Nexo Residences’ resort-style amenities, including a two-story arrival lobby and lounge, tech hub with café and coworking spaces, fitness center with yoga studio and virtual trainer, a luxury pool deck with spa and summer kitchen, rooftop observatory deck, children’s playground, clubroom, private event spaces and a pet-friendly environment.

The 16-story short-term rental condominium in the rapidly evolving city of North Miami Beach is over 90% sold and on schedule for completion in 2026. With exclusive sales and marketing by Fortune Development Sales, Nexo Residences’ 254 units will be delivered fully furnished. Priced from $599,000s, studio to three-bedroom floorplans, along with a collection of three and four-bedroom townhomes range from 531 to 2,438 interior square feet.

Nexo Residences has garnered considerable interest from buyers who are drawn to the property’s convenient location and rental capabilities, an appealing feature for those seeking the freedom to use their space on their own terms. A dedicated on-site management team further supports owners by handling guest check-ins, check-outs, and housekeeping services during their absence.

Adding to the appeal is the project’s EB-5 Program. To comply, international investors must invest $1,050,000 in Nexo’s EB-5 Program and follow the required process under the United States Citizenship and Immigration Services (USCIS) for eligibility to receive a green card, officially known as a permanent resident status. A limited number of spots remain available.

Each turnkey residence features floor-to-ceiling windows, porcelain flooring, built-in-bedroom closets, dedicated lockable owners’ closets, and expansive balconies with glass railing. European-style kitchens are outfitted with quartz countertops and matte black fixtures for a modern look.

Enhanced digital features, such as smart key access, a self-service package system, and Wi-Fi throughout the common areas, provide ease for owners and guests. Additional tech-driven management systems to further elevate the transient experience will also be introduced in the future.

Blending the necessities of remote work life with inspiration from South Florida as a year-round vacation destination, Nexo Residences’ suite of amenities includes a three-story arrival lobby and lounge with a café; a two-story tech hub with coworking spaces; a luxury pool deck and jacuzzi; three fully equipped summer kitchens; a fitness center with a yoga studio and virtual trainer; and a rooftop observatory deck with unobstructed views to the south. Entertainment offerings include an outdoor children’s playground, a multi-purpose clubroom and private event area, and an outdoor movie theater. The property will also be pet friendly.

The project’s design was envisioned by Carlos Ott and realized by the project’s architect, Frankel Benayoun Architects Inc. Its common areas, residence interiors, and landscaping are curated by Urban Robot, the local, full-service design collective behind some of the city’s leading hotels and retail concepts, including W Hotel South Beach, the Gucci Flagship in Miami’s Design District, and Oasis Wynwood.

Nexo, meaning “nexus” in Spanish, is the brand’s ethos as a central point that links two or more things. Located at 13899 Biscayne Blvd., Nexo Residences is near a plethora of business and leisure offerings in Miami, Bal Harbour, Aventura, North Bay Village, Sunny Isles, Hollywood Beach, and beyond. The property is set along the main thoroughfare of Biscayne Boulevard, minutes from the Intracoastal, and is nearly equidistant to Miami International Airport and Fort Lauderdale-Hollywood International Airport, as well as being four miles away from the Brightline Aventura station.

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Fortune International Group and Blue Road Top Off Nexo Residences

Fortune International Group and Blue Road have officially topped off Nexo Residences, marking a significant construction milestone for the 16-story short-term rental condominium in the rapidly evolving city of North Miami Beach.

Fortune International Group and Blue Road have officially topped off Nexo Residences, marking a significant construction milestone for the 16-story short-term rental condominium in the rapidly evolving city of North Miami Beach. Designed for modern ownership and flexible use, the project continues to gain strong market traction, reaching 90% in sales to date and on schedule for completion in 2026.

“We’re proud to celebrate the topping off of Nexo Residences, an achievement that reflects the strength of the project and the enthusiasm it’s generating among buyers worldwide,” said Edgardo Defortuna, CEO of Fortune International Group. “With buyers from more than 25 countries, Nexo is fulfilling its vision of offering something for everyone—combining flexibility, design, and service in a way that resonates globally, underscoring Fortune’s commitment to creating enduring developments defined by thoughtful innovation and attention to detail.”

With exclusive sales and marketing by Fortune Development Sales, Nexo Residences’ 254 units will be delivered fully furnished. Priced from $599,000s, studio to three-bedroom floorplans, along with a collection of three and four-bedroom townhomes range from 531 to 2,438 interior square feet.

Nexo Residences has garnered considerable interest from buyers who are drawn to the property’s convenient location and rental capabilities, an appealing feature for those seeking the freedom to use their space on their own terms. A dedicated on-site management team further supports owners by handling guest check-ins, check-outs, and housekeeping services during their absence.

Adding to the appeal is the project’s EB-5 Program. To comply, international investors must invest $1,050,000 in Nexo’s EB-5 Program and follow the required process under the United States Citizenship and Immigration Services (USCIS) for eligibility to receive a green card, officially known as a permanent resident status. A limited number of spots remain available.

Each turnkey residence features floor-to-ceiling windows, porcelain flooring, built-in-bedroom closets, dedicated lockable owners’ closets, and expansive balconies with glass railing. European-style kitchens are outfitted with quartz countertops and matte black fixtures for a modern look.

Enhanced digital features, such as smart key access, a self-service package system, and Wi-Fi throughout the common areas, provide ease for owners and guests. Additional tech-driven management systems to further elevate the transient experience will also be introduced in the future.

Blending the necessities of remote work life with inspiration from South Florida as a year-round vacation destination, Nexo Residences’ suite of amenities includes a three-story arrival lobby and lounge with a café; a two-story tech hub with coworking spaces; a luxury pool deck and jacuzzi; three fully equipped summer kitchens; a fitness center with a yoga studio and virtual trainer; and a rooftop observatory deck with unobstructed views to the south. Entertainment offerings include an outdoor children’s playground, a multi-purpose clubroom and private event area, and an outdoor movie theater. The property will also be pet friendly.

“Nexo is thoughtfully designed as a playground for all ages, with amenities that speak to families, leisure seekers, and professionals alike,” said Jorge Savloff, CEO of Blue Road. “From state-of-the-art coworking spaces to flexible living options, it reflects the needs of today’s dynamic, hybrid lifestyles. What truly sets the project apart is its location in North Miami Beach—a growing destination that offers the best of South Florida living, with proximity to Bal Harbour Shops, Aventura Mall, world-class beaches, and an overall sense of balance that appeals to both visitors and full-time residents.”

The project’s design was envisioned by Carlos Ott and realized by the project’s architect, Frankel Benayoun Architects Inc. Its common areas, residence interiors, and landscaping are curated by Urban Robot, the local, full-service design collective behind some of the city’s leading hotels and retail concepts, including W Hotel South Beach, the Gucci Flagship in Miami’s Design District, and Oasis Wynwood.

Nexo, meaning “nexus” in Spanish, is the brand’s ethos as a central point that links two or more things. Located at 13899 Biscayne Blvd., Nexo Residences is near a plethora of business and leisure offerings in Miami, Bal Harbour, Aventura, North Bay Village, Sunny Isles, Hollywood Beach, and beyond. The property is set along the main thoroughfare of Biscayne Boulevard, minutes from the Intracoastal, and is nearly equidistant to Miami International Airport and Fort Lauderdale-Hollywood International Airport, as well as being four miles away from the Brightline Aventura station.

For more information about Nexo Residences or to inquire about purchasing a unit please fill out the form below:

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Alba Palm Beach Closes On $95 Millon Construction Loan

Miami-based BGI Capital has closed on a $95 million construction loan sourced in partnership with Wexcor Capital, a New York City-based real estate investment, management & advising firm, and financed by Kriss Capital, an New York City-based direct lender making construction and bridge loans on residential assets, to fund the completion of Alba Palm Beach.

Miami-based BGI Capital, managed by Kenneth Baboun and Robert Barthelmess, have closed on a $95 million construction loan sourced in partnership with Wexcor Capital, a New York City-based real estate investment, management & advising firm, and financed by Kriss Capital, an New York City-based direct lender making construction and bridge loans on residential assets, to fund the completion of Alba Palm Beach.

As the only new development directly on the Intracoastal waterways in the emerging Northwood neighborhood of West Palm Beach, Alba Palm Beach is being developed by BGI Companies and Blue Road and is set to deliver a boutique collection of 55 luxury residences by 2025, including unique two- and three-story townhomes with unobstructed views. Starting prices begin at $3 million at Alba Palm Beach, which broke ground in August and is currently over 45% sold.

“We’re thrilled to announce the next step in Alba Palm Beach’s evolution with a construction loan of $95 million with a trusted lender like Kriss Capital,” said Kenneth Baboun, principal developer. “Following the momentum of Alba’s groundbreaking, this milestone puts us one step closer to successfully welcoming residents as we remain bullish on the development of West Palm Beach.”

About the loan, Wexcor Capital partner Ron Wexler said "Kriss Capital’s significant experience with condo development and deep understanding of flexible financing in times of market uncertainty set their team apart. We were pleased to partner with a best-in-class sponsor, BGI Capital & Blue Road Group, to deliver tailored financing for this development. Alba will be an excellent addition to West Palm Beach and I’m proud to have played a part in bringing it to life."

“At Kriss Capital, we get to evaluate hundreds of development projects each year and choose a select few to finance. Alba Palm Beach has all the components of a successful project that we look for including stunning design, a first-class development team, and an outstanding waterfront location,” said Jody Kriss, founder and principal of Kriss Capital.

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Fortune International Group and Blue Road Partnership Closes On Land For Next Residences For $16 Million

Fortune International Group, in partnership with Blue Road, has closed on a 1.74-acre site at 13899 Biscayne Boulevard for $16 million, paving the way for the future development of Nexo Residences. Nexo Residences is one of the first condo projects with short-term rental capability in the rapidly evolving city of North Miami Beach.

Fortune International Group, in partnership with Blue Road, has closed on a 1.74-acre site at 13899 Biscayne Boulevard for $16 million, paving the way for the future development of Nexo Residences. Nexo Residences is one of the first condo projects with short-term rental capability in the rapidly evolving city of North Miami Beach.

“The transaction is another positive step toward bringing Nexo Residences to fruition, following an extremely successful sales launch and approximately 50 percent of units reserved,” said Edgardo Defortuna, President and CEO of Fortune International Group. “We continue to see strong interest from buyers and investors who are witnessing North Miami Beach’s transformation and want to own a part of its growth as a thriving destination.”

Slated to convert reservations to contracts end of August, Nexo Residences presents 254 move-in-ready condominiums with full home-sharing capabilities, coupled with resort-style amenities. With exclusive sales and marketing by Fortune Development Sales, Nexo Residences’ units will be delivered fully furnished.

Priced from the low $500,000s, studios to four-bedroom townhomes range from about 525 to 2,190 interior square feet. 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 utilize it at their own discretion or for personal leisure.

“Understanding the consumer demand to be at the nexus of everything, the project unites activated amenity spaces with an ideal location that allows residents to take advantage of the experiential offerings on property and within the neighborhood,” added Jorge Savloff, CEO of Blue Road.

Blending the necessities of remote work life with inspiration from South Florida as a year-round vacation destination, Nexo Residences’ suite of amenities includes a three-story arrival lobby and lounge; a two-story tech hub with a café; coworking spaces; a business center; luxury pool deck outfitted with a resort-inspired pool with loungers; two fully equipped summer kitchens; and a rooftop observatory deck with 360-degree views. Entertainment offerings include an outdoor children’s playground; multi-purpose clubroom and private event area; and a fitness center with a yoga studio and virtual trainer. The property will also be pet friendly.

Nexo Residences is in proximity to a plethora of business and leisure offerings in Miami, Bal Harbour, Aventura, North Bay Village, Sunny Isles, Hollywood Beach, and beyond. The property is set along the main thoroughfare of Biscayne Boulevard, minutes from the Intracoastal, and is nearly equidistant to Miami International Airport and Fort Lauderdale-Hollywood International Airport. Owners and guests can easily shop at brands like Whole Foods and Target, or indulge in fine dining, shops, and entertainment at surrounding retail centers. The property is also near popular outdoor recreational areas and green spaces, like Oleta River State Park and Haulover Park.

For more information about Nexo Residences, private showings or purchasing/ leasing information please fill out the form below:

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PROFILE EXCLUSIVE: NEW RENDERINGS OF NEXO RESIDENCES IN NORTH MIAMI BEACH

Fortune International Group in partnership with Blue Road announced the sales launch for Nexo Residences in April and today have released new renderings and design details, exclusively on PROFILEmiami.

Fortune International Group in partnership with Blue Road announced the sales launch for Nexo Residences in April and today have released new renderings and design details, exclusively on PROFILEmiami.

The property, featuring 254 residences, is one of the first condo 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 Boulevard, it presents move-in-ready residences with full home-sharing capabilities without restrictions, coupled with resort-style amenities. Priced from the $400,000s, studios to four-bedroom townhomes range from about 525 to 2,190 interior square feet.

“We underwent an extensive design process, which included traveling to Italy to visit Il Salone Di Mobile which is the most important design fair to incorporate the most cutting-edge elements throughout the property. Both within the residences and shared amenity spaces, it is important that we deliver a project that speaks to both the buyer and user,” said Ana Christina DeFortuna, Executive Vice President of Fortune International Group. “In studying the audience for Nexo Residences, combined with its prime North Miami Beach location, it was necessary to consider a tech-forward destination that incorporates sustainability with contemporary materials, while making social gathering spaces the highlight of the property.”

The project is designed by Frankel Benayoun Architects Inc, with consultation from internationally-renowned architect Carlos Ott. Its common areas, residence interiors, and landscaping are curated by Urban Robot, the local, full-service design collective behind some of the city’s leading hotels and retail concepts, including W Hotel South Beach, the Gucci Flagship in Miami’s Design District, and Oasis Wynwood. The amenity program was purposefully designed to activate spaces that inspire connectivity within the community.

A rooftop observatory deck will be perfect for scenic experiences, enjoying the expansive open vistas of the neighborhood treetops and water views. The space will be regularly activated as a central area for socializing, complete with a fire pit, dining and cooking area and a refuge for stargazing.

The architectural centerpiece for Nexo Residences is the two-story tech hub with a café, coworking spaces, and a business center. It was designed as a grand focal point when you approach the property from the main thoroughfare of Biscayne Boulevard. The multi-story space will span more than 2,600 square feet and feature large floor-to-ceiling windows that will welcome natural light throughout.

Blending the necessities of remote work life with inspiration from South Florida as a year-round vacation destination, Nexo Residences’ suite of amenities includes a two-story arrival lobby and lounge, which will be an impressive visual experience upon entry to the building. The property’s contemporary design extends onto an outdoor children’s playground. Catering to the modern family, it is a kid’s haven of fitness and activity surrounded by striking architecture and lush greenery. Health enthusiasts can relish the indoor/outdoor fitness center with a yoga studio and virtual trainer and a luxury pool deck complete with resort-inspired pool and two spa pools with loungers.

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Fortune International Group And Blue Road Launch Nexo Residences, North Miami Beach Condo Allowing Short Term Rentals

Fortune International Group, one of South Florida’s preeminent residential real estate development, sales and marketing leaders for nearly 40 years, in partnership with Blue Road, a Florida-based integrated developer of hospitality, residential, commercial, and mixed-use projects, has announced the sales launch for Nexo Residences.

Fortune International Group, one of South Florida’s preeminent residential real estate development, sales and marketing leaders for nearly 40 years, in partnership with Blue Road, a Florida-based integrated developer of hospitality, residential, commercial, and mixed-use projects, has announced the sales launch for Nexo Residences. The newest condominium development in North Miami Beach introduces short-term rental capability with full flexibility and central connectivity.

The property, featuring 254 residences, is one of the first condo 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 Boulevard, it presents move-in-ready residences with full home-sharing capabilities without restrictions, coupled with resort-style amenities.

Nexo Residences’ units will be delivered turnkey and are priced from the $400,000s, studios to four-bedroom townhomes range from about 525 to 2,190 interior square feet. 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 utilize it at their own discretion or for personal leisure. Sales and marketing are exclusively overseen by Fortune Development Sales.

“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,” said 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.”

“Understanding the consumer demand to be at the nexus of everything, we chose a location that allows residents to take advantage of all the experiential offerings in the neighborhood, with the added benefit and comfort of hotel amenities and services,” added Jorge Savloff, CEO of Blue Road.

Each turnkey residence is fully finished with floor-to-ceiling windows, porcelain flooring, built-in bedroom closets, dedicated lockable owners’ closets, and expansive balconies with glass railing. European-style kitchens are outfitted with quartz countertops and matte black fixtures for a modern look.

Enhanced digital features, such as smart key access, a self-service package system, and Wi-Fi throughout the common areas, provide ease for owners and guests. Additional tech-driven management systems to further elevate the transient experience will also be introduced in the future.

Blending the necessities of remote work life with inspiration from South Florida as a year-round vacation destination, Nexo Residences’ suite of amenities includes a two-story arrival lobby and lounge, which will be an impressive visual experience upon entry to the building. A two-story tech hub with a café, coworking spaces, and a business center make work a breeze, while entertainment offerings include an outdoor children’s playground, multi-purpose clubroom and private event area.

Health enthusiasts can relish the indoor/outdoor fitness center with a yoga studio and virtual trainer. To enjoy Miami’s sunshine, visit the luxury pool deck complete with a resort-inspired pool and two spa pools with loungers, or meet friends in the summer kitchen, followed by stargazing on the rooftop observatory deck. Additionally, residents can rest assured that their four-legged friends are welcome in the pet-friendly building.

The project is designed by Frankel Benayoun Architects Inc, with consultation from internationally-renowned architect Carlos Ott. Its common areas, residence interiors, and landscaping are curated by Urban Robot, the local, full-service design collective behind some of the city’s leading hotels and retail concepts, including W Hotel South Beach, the Gucci Flagship in Miami’s Design District, and Oasis Wynwood.

Nexo Residences is in proximity to a plethora of business and leisure offerings in Miami, Bal Harbour, Aventura, North Bay Village, Sunny Isles, Hollywood Beach, and beyond. The property is ideally set along the main thoroughfare of Biscayne Boulevard, minutes from the Intracoastal, and is nearly equidistant to both Miami International Airport and Fort Lauderdale-Hollywood International Airport. Nexo Residences is also nearby Bal Harbour Shops and Aventura Mall, which recently underwent a multi-million-dollar expansion, and popular outdoor recreational areas and green spaces, like Oleta River State Park and Haulover Park.

For more information about Nexo Residences, private showings or purchasing/ leasing information please fill out the form below:

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CASA Boutique Hotel Opens on Washington Avenue, Miami Beach

The CASA Boutique Hotel recently opened at Miami Beach's 1334 Washington Avenue under the direction of developers Blue Road, led by Jorge Savloff and Marcelo Tenenbaum. Casa Boutique Hotel will feature 32 upgraded rooms at the site that housed the original, historic, Waldorf Building which was built in 1925. Blue Road kept the original exterior, Spanish style of the building while completely renovating the interior. Il Baretto, a new Italian restaurant which will offer tapas, fire-oven pizza and homemade pasta, is slated to open in March. Blue Road aims to offer affordable luxury to Miami Beach tourists that blends history and charm with modern luxury and technology. 

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