A NEW URBAN LIVING SOLUTION:
URBIN OFFERS AFFORDABLE GLOBAL MOBILITY THROUGH RESPONSIBLE GREEN LIVING AND WORKING IN URBAN CENTERS: URBIN is designed to address the needs of today’s residents. The vision fosters creativity and ignites connections through design-forward residences, an amenity program focused on wellness, and social programming that spurs connection and creativity. URBIN is a circular community that provides a responsible, authentic, and portable lifestyle created as a home of today and tomorrow.
REAL ESTATE WITH BENEFITS:
We are pleased to present an opportunity to purchase a residential condominium in URBIN Retreat Miami Beach, a boutique mixed-use project located in the heart of the world-renown South Beach neighborhood. URBIN provides residents a unique turnkey experience including fully designed and furnished vacation homes that deliver a flexible lifestyle to live, work, play and seek wellness delivering a truly unique experience. URBIN Retreat Miami Beach features turnkey residences from studios to four-bedroom condominiums. While away, the residence, will generate revenue which defrays holding costs while your residence simultaneously appreciates in value further optimizing the benefits of ownership.
Ownership is maximized with the URBIN Retreat Miami Beach 7.0% Leaseback Program. Upon purchasing a residence, the developer will offer to lease the residence back from purchasers allowing for virtually hassle-free ownership of an asset that generates an attractive annual return.
- The leaseback agreement equates to a minimum fixed 7.0% annual return against the purchase price of a unit
- Anticipated lease term of five years
- Owner retains right to use their unit or a comparable residence for up to 90 nights per year
- The owner will provide first right of refusal to developer before listing for sale; the buyback option will include a 3.0% anual increase to be added to the original purchase price
- Staff services and maintains your unit avoiding the need for laborious self-management
- Instant access to socially curated events (happy hours, movie nights)
- Units are a part of a rental program when not in use by owner
The building will offer a robust amenity program including flexible (“flex”) office spaces, lifestyle-oriented retail along with a wellness hub where various activities addressing overall health and well-being are all found within this circular community.
- Modern mid-rise tower
- Building amenities grossing over 20,000 SF
- Less than a 5-minute walk to the Atlantic Ocean
- Short walk to Ocean Drive shops and restaurants
- Valet parking and concierge
- Housekeeping services
- Room service available
- Food and beverage venues including café and bar
- Wellness Center with onsite program for stretching, workouts and nutrition
- Expansive street scape with shaded plaza
- Outdoor lounge terrace with places for work/play
- Roof deck with pool and bar/lounge area
- Rooftop green area
Designed to address the lifestyle needs of today’s city renters. URBIN is designed as convenient, easy living that meets our end user’s needs for a comfortable price. Suites are designed as studios and two-bedroom units as well as pods of three-to-four-bedroom residences sharing a common kitchen, dining, and living space. Each bedroom has its own bathroom. Laundry facilities are also in-unit. Utilities such as electricity and water are included. Furnished Units (Turnkey)
- Contracts will be available in September/October*
- Reservations Required: 10%
- Down-payment: Required 50% / optional 100% – we are paying 7% interest in ALL deposits, when they deposit the funds.
- Lease Back: 7% net after HOA expenses, insurance & property taxes included and paid for by URBIN – Quarterly payments
- Lease Term: 5 Years – at the end of 5 years there is a reset of the payment (Renewal) 3.0% year-over-year based on said appreciation against the purchase price.