IN THE HEART OF SOUTH BEACH
Ownership maximized with the URBIN Retreat
Miami Beach 7% Leaseback Program
URBIN MIAMI BEACH
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.
ESTIMATED
CONSTRUCTION END
2nd quarter of 2023
PERFORMANCE
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 buy back option will include a 3.0% annual 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