Miami Worldcenter Tower With 606 Condo Units Sells Out, Gets Construction Loan

Developers of a 32-story tower at Miami Worldcenter are preparing to break ground after preselling all units and obtaining a construction loan.

Merrimac Ventures and Aria Development Group obtained a a $95 million construction loan from Banco Inbursa to build the new tower, known as 600 Miami Worldcenter.

Groundbreaking is upcoming, with completion expected in 2026.

“600 Miami Worldcenter has been one of our most anticipated and fastest-selling developments, which was appealing for our lenders at Banco Inbursa,” said Nitin Motwani, Managing Partner of Merrimac Ventures.

Buyers at the sold-out tower are mostly from the U.S., Colombia, Turkey and Argentina.

Units are being delivered fully finished and furnished, and will allow short term rentals.

Other nearby towers allowing short-term rentals are also sold out.

They include The Crosby Miami Worldcenter with 450 condos (on the same block, developed by Merrimac and Related Group), and 501 First with 476 condos (one block away, developed by Aria in partnership with AQARAT).

 

 

 

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Anon
23 days ago

Gorgeous building with a nice colonnade at the base instead of a 8 story parking garage

Downtowner
23 days ago

Park West is the next hot spot. Can’t wait for all the new restaurants and retails to open this year😎

Nate
23 days ago

MWC and Crosby will be great for staying a few days to walk to arena. Going to be such a vibrant spot soon

Anon
23 days ago

Honestly they are great for a second residence as well – imagine living in West Palm and then just taking the Brightline to your pied-a-terre in Miami for the weekend

Anonymous
22 days ago

If I live in West Palm Beach, I sure as hell ain’t looking at The Crapsby as an in-town residence.

Sureeeeee
22 days ago

No you don’t lmao like you could afford this building anyways

Anon
22 days ago

This is 600 Miami WorldCenter – the Crosby Residences is to the west.

Judging by your reading comprehension level, I am severely doubting your claim about living in palm beach and being able to afford a second residence.

Anon
22 days ago

^^pot meet kettle—that’s not what that poster said 🤡

Anon
22 days ago

West Palm is too unaffordable now, what’s the next west palm up the coast? I need to start planning for my future.

Name*
22 days ago

Vero or Palm Coast are the next quiet but nice places. Try SWFL Naples.

Name*
22 days ago

Maybe a very small barrier Island like Hutchinson Island off Port St Lucie.

Anonymous
22 days ago

all nice places, but good luck making a living there

Antennae
23 days ago

Gorgeous tower. So happy it sold out so quickly

Downtowner
23 days ago

It’s amazing to see how much this area has already been transformed.

anonymous
23 days ago

glad to see this project is finally moving. 6th street will look great a few years from now

Azarius
22 days ago

Melo 5 will be completed before all the other buildings on the same block

Anonymous
22 days ago

Better than The Crosby.

Dade
22 days ago

We need a condo building for the homeless

Anon
22 days ago

WE NEED—how about you put them up in your mom’s apartment?

Bruh
22 days ago

Does this have a parking garage?

Anon
22 days ago

nope