Vida Residences Edgewater Announced, Will Have 121 Units

Plans have been revealed for a new condo project in Edgewater called Vida Residences.

Vida Residences is planned to rise 9 stories and include 121 units, according to an email blast sent by brokers.

Condos will be delivered fully furnished and will be allowed to be rented on a short-term basis using platforms such as Airbnb.

Groundbreaking is planned for Q1 2023, with top off in Q4 2023 and completion in Q3 2024.

Kobi Karp is the architect, with interiors by Euro Design Group. The developer is Urbana.

 

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Anonymous
22 days ago

The city has to stop all these short term rental building. There’s a housing crisis and these project do nothing to alleviate the problem. Also they do nothing to create community. Why does Miami want so many transient people around the core.

Anonymous
22 days ago

These are just hotels with less oversight. Miami will regret having so many Airbnb buildings in the future. Unfortunately the people who stay in these short term rentals don’t care about the community. Look at Opera Tower it’s a cesspool and it hurts the surrounding area.

Anonymous
21 days ago

Really? I thought it was that giant vacant mall that has been vacant for 25 years.

Anonymous
21 days ago

So true. Aria is getting a mess to. Small buildings is the futur. Sorry real estate people 💅🏻

Vince
21 days ago

#1. “using platforms such as Airbnb” is just incomplete reporting. They may also be using Marriot Homes & Villas, or any of a number of extended stay platforms.
#2. Opera Tower is an extreme outlier. This is a failed project from the banking crisis that never had great management. The Club at Brickell Bay had a similar trashy period, but the current management learned and adapted. The Club is probably 50% Short Term, 30% Investors, and less than 20% owner occupied, but the building isn’t a dangerous dump like Opera Tower.
#3. It is a big mistake to assume that people who rent for 21 days or 4 months don’t care about the community. Very often, they chose these properties specifically for an apartment community feel with some discount to hotel costs (ie. “resort fees” and other junk). Yes, some idiots will be idiots. It is incumbent on owners/management to set up guidelines on how and who are staying and what the rules and regulations are.

Anonymous
22 days ago

Everybody that owns a property wishes at the very least to have the freedom to do short term leases if they wish to. This does not mean that the entire building will be full of transient people. But even locals wish they could put their property on Airbnb while going on a week end getaway, that should be right

Anonymous
21 days ago

Not true, I own property and do not wish to do short term leases. I purposely only buy in buildings that only do 1 year leases. I’m very happy when a tenant re-news their lease.

Anon
22 days ago

Bet you’re a renter

Anonymous
21 days ago

If you don’t like it than move into a building with covenants against in place to build against short term rentals. But who are you to tell any private developer what they should or shouldn’t build. There is obviously a needed demand for such in the marketplace, otherwise it wouldn’t be built as such.

Anonymous
21 days ago

The local government can simply change laws to restrict short term rentals. If you look at any real major world city you will find that Airbnb are destroying their cores. That’s why many major European city’s are already starting to restrict them

Vince
21 days ago

Can you give an example of a “real major world city” where AirBnBs are “destroying their cores”?

Anonymous
21 days ago

Barcelona, Amsterdam, Venice…

Anonymous
21 days ago

Funny I’ve spent time in all those places recently and they seem to be in great shape! Could it just be the uber-critical Boomers scared of anything new?

anonymous
22 days ago

That lot has had about 5 proposals over the last 10 years, let’s see if this comes to fruition. Also, I agree, enough with the airbnb buildings…they do nothing to contribute to a neighborhood feel or quality of life in an area. They usually just attract a bunch of trashy people looking to come here and act like fools. I used to live in Opera, so I speak from experience.

Truth Matters
22 days ago

So the same thing could be said for a hotel?

Zonked
22 days ago

Agreed, let’s focus on actual housing before we build any more luxury hotels

Lenny
22 days ago

Whose “we” ?

Anonymous
22 days ago

He said – “let’s focus.”

lol…

Vince
21 days ago

He said – “we build”.

You said, “lol”.

anonymous
22 days ago

No hotels are usually in commercially zoned spaces surrounded by other hotels, not smack dab in the middle of residential areas.

Vince
21 days ago

410 NE 35th Terrace is “smack dab in the middle of residential areas”.??
It shares a property line with McDonald’s, and is across the street from Taco Bell.

Okay community builders….let’s restrict Short Term Rentals so that Long Term Renters can amplify the civic pride and keep those mom & pop Wendy’s, Pollo Tropicals, and mega-gas stations on Biscayne Blvd real.

Lenny
22 days ago

Yes, IF people were being honest and thoughtful about the issue.
That’s a big IF.

NYC Transplant
21 days ago

The difference is that hotels are better equipped to deal with the nonsense created by weekend revelers. Apartment buildings are less so. I spent three months at 485 Brickell after arriving in Miami, and it was a circus. Pot smoke 24/7, people traipsing through public spaces in pajamas or in various stages of undress. Prior to that, I’d spent a week at the W in the same building. I can assure you the public space decorum was far better at the W.

Anon
21 days ago

What exactly happened to opera…why didn’t owners oust the board and take back the building…when it first opened it had a beautiful light feature on the west and east rooftop and I often thought about possibly buying there…soooo glad I didn’t…but still hope it turns itself around and becomes a better building….

anonymous
21 days ago

Long Short, the condo docs were silent to short term rentals (i.e. they were allowed). Most of the building was scooped up by investors between 2009-14 during the recession. As airbnb gained popularity they wanted it to remain because they were making tons of money. In order to change the condo docs you needed 66% of the voters to vote for it….there werent enough owners to do so nor was there the will to replace the board. Finally during the pandemic the city became wise (after the story on channel 7) that the building was operating as a de facto hotel but was registered as a condo/apartment so it was in violation of Miami 21. Now the city banned short term less than 30 in the building. So the building has improved drastically, but like all things Miami there are still some who try to skirt the rules and do daily rentals. The building did get facial recognition security and I also have heard they completely renovated the pool and gym. Still having lived through the worst of the airbnb I can say I am not a fan. The quality of life stinks and the effect on the neighborhood is damaging.

Vince
21 days ago

Similar thing that happened to Opera happened to Icon Brickell.
Note that both of those building delivered in the banking crisis. Pre-construction, individuals paid deposits with the intention to own. Miami was redlined as the banks collapsed, and no individuals were qualifying for loans as the property values plummeted.

Major investors came in and paid cash to buy units in bulk, or developers (Opera) kept the units and renegotiated with their banks. The used their votes to change condo documents and began running these buildings as apartment buildings without regard to intense screening of tenants. Axis Brickell, the Club at Brickell Bay, The Vue, they all were overrun with parties, kids with diapers in the pool, cigarette butts raining off the balcony etc.

Good building management can turn it around.
In the buildings that are starting with the freedom for Short Term Rentals as an option, they will attract investors intent on protecting their real estate investment and their furniture package. Smart owners/management will use technology like in room tobacco/canabis/vape detectors, noise detectors, cell phone counters, and a robust screening process, etc to limit the unruly fools.

Anonymous
22 days ago

With so many new projects allowing short-term rentals, I think the new condo buildings that don’t allow short term will be even more coveted. Not all residents want to live in that type of environment. Is this short-term development typology being overused to attract foreign investment capital, or will it work out in the long run?

Magazine
22 days ago

Complete lack of vision from city leaders allowing the non-stop proliferation of short term rental projects. Look at the building that is the biggest disaster in Edgewater – why? STR. Look what has happened to Miami Beach – why? STR. This has the potential to be such an amazing live, work, play area. Instead, it will be destroyed by the over-abundance of STR. The condo-owner STR model will eventually bring a lot of investor pain.

Conno Sir
22 days ago

I think it’s a beautiful project and the right height for the area too.

Anonymous
22 days ago

“the right height for the area” is just your opinion, because that’s what pleases your eyes. I could say it should be 14 to 16 stories tall… am I wrong?.. because again, that’s just an opinion for an area where they could build even taller than that.

J.M.
22 days ago

Relax, Karen…

Anonymous
22 days ago

^
Haha.. another “gas lighting” Kevin.

Anonymous
21 days ago

…an opinion ON AN OPINION FORUM!!!….how dare he?

Not Anonymous
22 days ago

Finally a development in Edgewater that isn’t a condo tower hugging the coast! Hopefully this will spur development in the area. Should be longer term rentals, though.

Rocky
22 days ago

The Lamborghini SIAN was a funny addition to the rendering just due to how rare that car actually is compared to a Huracan… The building itself looks nice as well especially the interior. I am not a fan of the AirBnB short term rentals just due to the housing crisis we are experiencing.

Anonymous
21 days ago

Would be better without the sticks running up and down the building in random places, but certainly an improvement over Kobi Krap’s last turd proposed on this site.

Melo is sigma and chad
22 days ago

If you look at the first photo there is a building that didn’t even finish the first floor, what was that building suppose to be and will it ever been developed.

dj milligrams
20 days ago

malchiks and proles from far and wide come to sunny miami for vacation…..and as said before the lobby will be trash like the paraiso tower set built on brasilian parked bank accounts

anonymous
22 days ago

Nice, love the height!

Anonymous
22 days ago

Please.. this looks like a hotel from the 1980’s.

Anonymous
21 days ago

I don’t think you were alive back then.

Anonymous
22 days ago

if that rooftop is a public accessible restaurant that would be great…looks really nice…

Anonymous
22 days ago

Nice! Hopefully this begins to round out Edgewater as a neighborhood.

pork rinds
22 days ago

design worthy of uzbekistan hyatt regency….very late 20th century former eastern bloc….but the airbnb guests have their choice of all the grease-ville joints around the corner-micky-d’s,taco-tico,wendy’s,pollo bland tropicale,7-11 hot dogs,and denny’s…but not bars on biscayne…gotta walk over to that fake new orleans spot on 2nd ave for that and no liqour there….

Anonymous
21 days ago

The previous proposal looked more “Former Eastern Bloc” meets Kobi Krap’s loose inspiration from MiMo cues that never even existed

Melo, the true giga chad
22 days ago

Decent building but it could have been taller and not as fancy. Its probably gonna $600K for a 2 bedroom. We need density, especially in Edgewater, not some investment opportunity for Airbnb hosts…

Anonymous
21 days ago

No. The size is perfect.

Anonymous
21 days ago

It’s not “we”, it’s “you”. There is a market to be served with this, hence the plans for this. The market for your $300K 2 bedroom condo desire is a 1970s built condo in Kendall. Not a new building in Edgewater near your giga chad job at Melo.

popeye
21 days ago

big buildings….big boobs…..big buildings….big boogs……..