This unit operates under a co-ownership model with eight owners per residence. Each buyer acquires a 1/8 share of the property, sharing the initial purchase cost as well as operating and maintenance expenses equally among all owners. Ownership is structured through a parent company in which all owners are included… Read More on the title, ensuring a clear and secure legal framework. Under this flexible-use model, each owner enjoys up to 45 days of use per year, distributed across multiple stays, with usage weeks rotating annually to allow access to different seasons at no additional cost. Unlike a fixed model, there is no guaranteed rental income; however, owners may personally use their allotted days or place them in the rental pool to generate income based on market demand and occupancy. The developer is also one of the co-owners and manages all operations, administration, and reservations, eliminating the need for personal involvement. The unit is delivered fully furnished and ready for immediate use, and all fractional interests are priced equally since ownership is based on rotating usage rather than fixed seasons. Overall, this is an ideal opportunity for buyers seeking a Brickell property with a low entry cost, flexible annual use, and income potential without the burden of hands-on management—supported by professional photos and a virtual tour available in the unit’s Dropbox. Read Less
Courtesy of EXP Realty LLC 888-883-8509
Listing Snapshot
Days Online
253
Last Updated
Property Type
Condominium
Beds
2
Full Baths
2
Year Built
2024
MLS Number
A11946527
30 Days Snapshot Of 33130
$787k
+12%
(avg) sold price
7
-75%
homes sold
101
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: East of US-1
Appliances & Equipment
Refrigerator
Building
Built in 2024
Cooling
Electric
Floors
Ceramic Tile
Garage
1 space
Heating
Electric
Home Owner's Association
Association fee: $106, Association fee frequency: Monthly, Association fee includes: Elevator, HVAC Maintenance, Association amenities: Maintenance, Pool, Elevator(s), Fitness Center
Laundry
Washer Hookup, Dryer Hookup
Parking
Valet
Pets Policy
Pets allowed: No
Property
Patio and porch features: Deck
Security Features
Security System
Taxes
Annual amount: $1,079
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