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One Hollywood Residences – Nexo Residences
We are a project that genuinely checks every box for the savvy investor looking for real ROI. Nexo is a Fortune development in North Miami Beach.
The only Short-Term Rental building in the area, delivering later this year, fully furnished and turnkey from day one, with interiors curated by Urban Robot. North Miami Beach is having a real moment right now. We’re talking minutes from Aventura Mall, Bal Harbour Shops, Sunny Isles Beach, and easy access to both Miami and Fort Lauderdale. And then there’s UHealth — the University of Miami’s new hospital complex which is already driving a wave of medical professionals, professors, and their families relocating to the area. These are consistent, high-quality tenants and future buyers.
Amenities
Limited inventory, very little STR competition, and a neighborhood that's only going in one direction. A few things worth knowing:
* Only 25% total deposit required — 10% at contract, 15% by May 30th, balance at closing
* STR allowed with a 3-day minimum rental — the rental upside here is real
* Over 90% sold, with a strong development team behind it
* EB-5 slots still available — Nexo is the most successful EB-5 program in South Florida, and the only development where approved applicants have already received their provisional green cards. Permanent cards and full investment returns are next On the incentives — and these are genuinely good: Buyers can choose one: either 1 year of HOA covered at closing, or a 2-year leaseback at 7% net return (8.5% gross). Even if your client doesn't take the leaseback, those figures are a solid benchmark for what they can expect to earn on their own once the program ends.
For EB-5 buyers specifically — this is a very special deal: The incentives above don't apply to EB-5 purchases, unless the buyer opts to close at delivery by paying in full. But what EB-5 buyers get instead is arguably better: only 25% total deposit required upfront, with the full balance due at closing — approximately 3 years out. In the meantime, at delivery they can move in, rent it out, or simply hold it — locking in today's price on a fully delivered, income-producing asset. It's an exceptionally favorable structure that very few projects can offer, and ours is one of the very few that can actually back it up with approvals already in hand.