‘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
11 months ago

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

Anonymous
11 months ago

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

Anonymous
11 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
11 months ago

Is the tulip flower looks like this tower?

Anonymous
11 months ago

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

Anonymous
11 months ago

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

rmc62788
11 months ago

WA as well.

Anonymous
11 months ago

I will believe it when I I see it.

Anonymous
11 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
11 months ago

They’re going to be rentals.

Rmiamimiami
11 months ago

Not a rental community. Residences and short term permitted

frank
11 months ago

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

Anonymous
11 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
11 months ago

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

Antennae
11 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
11 months ago

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

Melo is sigma and chad
11 months ago

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

Anonymous
11 months ago

Almost in Miami World Center. Right next to it.

frank
11 months ago

It is in Park West but part of Miami World Centre

Anonymous
11 months ago

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

Alpha Melo
11 months ago

CBD oil?

Melo is sigma and chad
11 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
11 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
11 months ago

O’ye of little faith!

Anonymous
11 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
11 months ago

I’ll take the weed

The Colonel
11 months ago

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

frank
11 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
11 months ago

When are they starting building it though!?

PirataDeCulo
11 months ago

Why comment on an article you did not read?

PirataDeCulo
11 months ago

It says it in the article.

Anonymous
11 months ago

It ain’t dead yet!

The Colonel
11 months ago

Correct, it was dead on arrival

brickellguy
11 months ago

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

Anonymous
11 months ago

But does it have parking 🤣

Anonymous
11 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
11 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
11 months ago

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

MiamiHeat
11 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
11 months ago

Spectacular! I would love to buy a unit here.

Anonymous
11 months ago

Where is the sales center?

Anonymous
11 months ago

you work there, you tell us

BallinInMiami
11 months ago

Would not mind living here. The good life!

Anonymous
11 months ago

you already work there, so what the heck

Miami Investor
11 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
11 months ago

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

Anonymous
11 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
11 months ago

Ok Okan! Sexy building!

Dolphfins
11 months ago

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

Anonymous
11 months ago

call yourself

Joe
11 months ago

Walmart customer service desk