Fortune International Group, in collaboration with Blue Road, has officially announced the groundbreaking of Nexo Residences, a 15-story condominium project offering full home-sharing capabilities at 13899 Biscayne Boulevard in North Miami Beach. Designed by Frankel Benayoun Architects Inc. with consultation from internationally-renowned architect Carlos Ott, and common areas, residential interiors, and landscaping curated by Urban Robot, the development features 254 fully furnished residences, giving homeowners complete discretion over their usage. Prices start from the mid $600s, offering a range of options from studios to four-bedroom townhomes, from 531 to 2,190 interior square feet. Nexo Residences, exclusively marketed by Fortune Development Sales, is expected to be completed in 2026.
“We are immensely proud to commemorate the groundbreaking of Nexo Residences,” said 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.”
Nexo Residences has attracted the attention of both national and international buyers, thanks to its convenient location and the chance to earn rental income when they’re not using their units. “Nexo,” which means “nexus” in Spanish, represents the project’s focus as a central point connecting essential elements, making it a desirable choice for today’s short-term renters in this growing submarket. The property’s rental options are a big plus for those looking for flexibility. Owners can also use a professional management team that handles check-ins, check-outs, and housekeeping while away.
“This area holds tremendous appeal for both short-term visitors and long-term residents due to its strategic proximity to renowned South Florida attractions, such as Bal Harbour Shops, Aventura Mall, the beach, and a multitude of upscale dining and entertainment destinations,” said Jorge Savloff, CEO of Blue Road. “The location also distinguishes itself as a more family-friendly alternative to the densely tourist-populated areas of Miami, ensuring a well-rounded and enriching experience for all.”
Nexo Residences provides amenities suitable for remote work and draws inspiration from South Florida’s year-round vacation vibe. These include a three-story arrival lobby and café, a two-story tech hub with coworking spaces, a fancy pool deck and hot tub, three well-equipped summer kitchens, a fitness center with a yoga studio and virtual trainer, and a rooftop observatory deck with clear southern views. Entertainment options include an outdoor kids’ playground, a versatile clubroom, a private event area, and an outdoor movie theater. The property is also pet-friendly.
Boosting the property’s attractiveness is its EB-5 designation, providing a unique chance for international individuals to pursue U.S. citizenship by investing a minimum of $800,000 in Nexo Residences and going through the necessary steps outlined by the United States Citizenship and Immigration Services (USCIS) to become eligible for a green card, also known as a permanent resident card.
Nexo Residences is conveniently located near many business and leisure options in Miami, including Bal Harbour, Aventura, North Bay Village, Sunny Isles, and Hollywood Beach. The property is right on Biscayne Boulevard, near the Intracoastal Waterway. It’s also the same distance from Miami International Airport and Fort Lauderdale-Hollywood International Airport. Plus, the Brightline Aventura station is just 4 miles away.