Fifty Units Sold In Five Days At Auberge

Sales are off to a strong start at Auberge Residences & Spa Miami.

In the first five days of sales 50 units were reserved, according to Related Group president Carlos Rosso. Buyers are required to place 10 percent down to reserve a unit.

Construction can begin when 60 percent of the project’s 290 units are sold. Rosso said that Related’s partners wanted to launch Auberge at an accelerated pace and at lower prices in order to get a construction loan.

Prices at Auberge average $575 per square foot.

 

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Anonymous
5 years ago

The SE corner high floors have unobstructed water views – looking over Arsht and PAMM. These units are great deals.

Anonymous
5 years ago

went to sales center on day one…..I cant afford more than 1 bedroom unit….got info and went back 5 hours later and they had completely sold out ….great layouts and nice amenities….really great for $$$…im sorry I lost out but salesperson hopes developer may offer more 1 bedrooms …this project is priced so maybe locals can afford….maybe melo will notice and build affordable condo just west of ne 2nd and 14street…I KNOW there would be buyers………

BZ
5 years ago

I’ll sell you mine

Anonymous
5 years ago

Have thought of downsizing into a 1 bedroom but saw the floorplan and question where am I going to store my clothing? Very little closet space and the rooms are small.
Maybe they will offer a larger 1 br in the next phase?
The 1980’s buildings in Omni area offer much more spacious living+storage areas.

Anonymous
5 years ago

Whatever may happen in this current cycle or in the next ten years if people who thought about buying but didn’t are will probably feel that they missed a opportunity. Never will Miami be NYC but it can be a hybrid between Singapore and current Miami. Overall Miami is a good investment in the long run. The smarter investors just try to time things better so that they can save a few more bucks.
As far as this project is concerned I think it will steadily sell but maybe not at a hyper rate. I am not sure if 50 units in the first week is realistic but with these price points it most probably will be sold out a quarter before completion. Long term whatever is on Biscayne is going to be prime real estate. The only real important issue for a building is how will the exterior of the structure look in 15 years. The interiors can always be remolded but the location will always be a different story.

Opinions are always welcomed if it will lead to a smarter discussion.

Anonymous
5 years ago

why all the negativity….you.may not like the project but related builds every development that they pre sell….this is a great location in what will be a very desirable neighborhood in a few years…im glad to see Omni move forward.

Marina Solo
5 years ago

I like the building and location, do believe it could be a good investment. Call me to discuss 954-850-9455

Alpina
5 years ago

If it is true, at this rate is supposed to sell in a month.

LG
5 years ago

then they should start selling One Brickell soon. i love how Related works!!

Anonymous
5 years ago

Lower deposits to get construction loan quicker. Can’t see what could go wrong here.

Anonymous
5 years ago

they did not lower deposits. They lowered prices.

Anonymous
5 years ago

If they sold 50 units in a week then Santa Clause bought a unit there and also Elvis Presley along with Michael Jackson

IloveMiami
5 years ago

Not sure if Elvis or Michael bought units there, but I did see them having lunch together at Joe’s on Sunday. Have’t seen Santa since December at Dadeland. Maybe if they do buy, they will use the proposed park under the signature bridge to play with Bubbles.

Anonymous
5 years ago

It’s too big. Can we bring some buildings down to scale?

Anonymous
5 years ago

This is such BS