‘Incredible’ Okan Tower Notched $39M Sales In 30 Days Last Month

Sales momentum appears to be building at downtown Miami’s Okan Tower.

In March, the developers saw $39 million in sales in just 30 days, according to an announcement yesterday.

The sales figures were released by in-house broker Fortune International Group, which called the monthly sales figure “incredible.”

Okan Tower is planned to rise 70 stories, or 902 feet, with a tulip-inspired design.

Groundbreaking is planned for June, the developers previously said.

The project is already in contract, with buyers required to place a deposit.

 

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$30kMillionMIA
5 months ago

this beauty is the reason why i continue to buy powerball tickets 🙂

Anonymous
5 months ago

A truly iconic tower. I’d also buy a unit there if I hit the Mega$

Anonymous
5 months ago

I think this project is one of the best in Miami right now and I really hope it gets off the ground. Okan, Aston Martin, One Thousand Museum, the best in the new city skyline. And then there are the supertalls.

Anonymous
5 months ago

Is the tulip flower looks like this tower?

Anonymous
5 months ago

Okan, Aston Martin, One Thousand Museum, the best in the new city skyline… and don’t forget E11even.

Anonymous
5 months ago

E11EVEN are big buildings, but not great architecture. I would say Paramount instead.

rmc62788
5 months ago

WA as well.

Anonymous
5 months ago

I will believe it when I I see it.

Anonymous
5 months ago

Genuinely curious how they are able to sell condos on the south side of this building, just a few feet from Downtown 5th.

Melo is sigma and chad
5 months ago

They’re going to be rentals.

Rmiamimiami
5 months ago

Not a rental community. Residences and short term permitted

frank
5 months ago

Will be minimum 30 day rentals ,, Okan is right beside the Crosby which has no rental restrictions

Anonymous
5 months ago

To avoid squatters though (which Miami is FULL of right now) they might treat it more like a hotel where only up to 14-day stays can be booked at a time. This is also a great strategy because it allows them to increase the rent rate every 14 day days to meet demand while still being able to instantly evict anyone that can’t afford it

Anonymous
5 months ago

Didn’t they say something similar over a year ago?

Antennae
5 months ago

I’m throwing a party once the first shovel gets moving.
This Gorgeous tower will shift the center of gravity back to the CBD again.

Anonymous
5 months ago

If I’m mistaken, this tower is technically in Park West and not the CBD.

Melo is sigma and chad
5 months ago

Look at IG location tags. Downtown and Brickell are included under Downtown Miami Brickell now. Park west will be called downtown.

Anonymous
5 months ago

Almost in Miami World Center. Right next to it.

frank
5 months ago

It is in Park West but part of Miami World Centre

Anonymous
5 months ago

Redevelopment in Park West will put greater pressure on the CBD to redevelop sandwiched in between it and Brickell.

Alpha Melo
5 months ago

CBD oil?

eymay
5 months ago

central business district, basically the mana and mdc slums

Melo is sigma and chad
5 months ago

So where are the construction permits and utility deal, I want this tower to succeed it will be a beacon in the skyline.

Miami’s Future
5 months ago

I call total Bull on this, they’re pulling the same bluff that One River Point pulled and look at it today still “awaiting ground breaking”, these two projects are going no where fast errr.. slow

Anonymous
5 months ago

O’ye of little faith!

Anonymous
5 months ago

One River Point’s sales were during a mediocre market and as the market got hotter, they disappeared. Apples to oranges, or tulips to weeds.

Conno Sir
5 months ago

I’ll take the weed

The Colonel
5 months ago

Meanwhile their competitors MADE the market, Melo built and sold units all over downtown during that exact same time frame

frank
5 months ago

Funny how each new condo shows no viewing obstructions. In a few years, unless you’re above 30th floor, you won’t be a able to see anything aside from the building next to you. Too many buildings planned in the World Centre.

Anonymous
5 months ago

When are they starting building it though!?

PirataDeCulo
5 months ago

Why comment on an article you did not read?

PirataDeCulo
5 months ago

It says it in the article.

Anonymous
5 months ago

It ain’t dead yet!

The Colonel
5 months ago

Correct, it was dead on arrival

brickellguy
5 months ago

2024/25 deals in Miami will make 08 discounts look silly, build build build!!!

Anonymous
5 months ago

But does it have parking 🤣

Anonymous
5 months ago

The restrictions on use by the owner on the short term rentals was the deal breaker for me. I loved the building but the Hilton spoiled the deal.

frank
5 months ago

30 day rental to maximum of 12 x per year. The Crosby, which is across street from Okan has no restrictions and sold out in under 3 months

Miguel
5 months ago

Gorgeous building. Great location. This whole area is blowing up!

MiamiHeat
5 months ago

This area near the train station has so much money pouring into it. Truly amazing how this area is transforming into one of the hottest real esate markets in the world. Miami is growing up before our very eyes!

Anonymous
5 months ago

Spectacular! I would love to buy a unit here.

Anonymous
5 months ago

Where is the sales center?

Anonymous
5 months ago

you work there, you tell us

BallinInMiami
5 months ago

Would not mind living here. The good life!

Anonymous
5 months ago

you already work there, so what the heck

Miami Investor
5 months ago

Beautiful building!!! Will be the centerpiece of Miami once built.
Incredible how this city burgeoning into a thiving metropolis!
Everyone is moving to Miami! Amazing growth along with the influx of new jobs.

Miami Investor
5 months ago

Sensational sales at Okan Tower! Miami is on fire!!!

Anonymous
5 months ago

Wow! Unbelievable sales figures! Miami real estate is super hot! So much going on here. Helps that it is centrally located between the Brightline station and FTX arena.

REMiami
5 months ago

Ok Okan! Sexy building!

Dolphfins
5 months ago

Who do I contact if I want to buy a unit here?

Anonymous
5 months ago

call yourself

Joe
5 months ago

Walmart customer service desk