Blue Road

Fortune International Group And Blue Road Launch EB-5 Investment Opportunity For Nexo Residences In North Miami Beach

Miami-based Fortune International Group and Bay Harbor Islands-based Blue Road announced that Nexo Residences, a 15-story condominium project planned for construction in North Miami Beach with unrestricted home-sharing rental capabilities, is now designated for EB-5 Program investment. Located at 13899 Biscayne Boulevard, Nexo Residences is one of the first condo projects in the rapidly growing area that offers short-term rental capability without restrictions amidst its 254 residences. 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 project’s well-thought, resort-style amenities are coupled with connectivity throughout to make one’s stay on the property seamless – giving meaning to the brand’s name, Nexo, which is “nexus” in Spanish, a central point for its location, lifestyle and technology. 

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Fortune International Group And Blue Road Launch 15-Story Nexo Residences In North Miami Beach

Fortune International Group, one of South Florida’s preeminent leaders in residential real estate development, in partnership with Bay Harbor Islands-based Blue Road, have launched Nexo Residences, a 15-story residential building planned for 13899 Biscayne Boulevard in North Miami Beach. Designed by Frankel Benayoun Architects Inc. with consultation from internationally-renowned architect Carlos Ott and Urban Robot Associates handling landscaping and interiors, the structure will yield 254 move-in ready condominium residences with short-term rental capability, one of the first of this kind for North Miami Beach. The developers, who are reportedly under contract to purchase the property, hope to break ground later this year on the triangular 1.74-acre site, bound by Northeast 139th Street on the north, Biscayne Boulevard on the west, Highland Drive on the south and Northeast 20th Place on the east. Fortune Development Sales is exclusively handling sales and marketing, with units starting from $400,000. 

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