More and more people have work at home careers with today’s
technology whether in sales or an office position. That is why it is so important to have a
space that accommodates home and work.
MIDBLOCK is a mixed-use building in Midtown Miami with a combination of
lofts, townhouses and tower units. It showcases some of the trendiest and most inviting properties Midtown Miami real estate has to offer.
Designed by Forum Architects, MIDBLOCK is undergoing a shift
from a total rental community to a building with individually owned units. One of the most unique qualities of MIDBLOCK
is its architectural style that features a glass rotunda filled with retail and
restaurants surrounded by townhouses and live/work lofts with tower units on
top of the business levels. MIDBLOCK has
a coolness factor to it that appeals to buyers who have a desire to have a more
updated and modern living space.
Location of MIDBLOCK at Midtown
The physical address of MIDBLOCK is 3250 NE 1st Street
which is in the heart of Miami’s Midtown neighborhood. The best part about living in Midtown is that
it is surrounded by other great neighborhoods like Wynwood and the Design
District and all that those areas have to offer. In fact, it is often referred to SoHo in New
York City – the only difference being that it is about a five minute drive of
Miami Beach. Additionally, it is very
close to the major travel arteries and transportation hubs for which Miami is
known. In fact, MIDBLOCK is close to
everything! From here you can be anywhere
in Miami in less than 10 minutes.
Amenities at MIDBLOCK at Midtown
If being around some of the best shopping and dining is not
enough, MIDBLOCK is full of amenities that make it a fantastic place to
live. Some of the most desirable
include:
· Pet-friendly
· Rooftop patios and gathering areas
· 24-hour concierge
· Key card access controlled elevators
· 24-hour security
· Chic modern lobby
· State of the art fitness centers
· Rooftop swimming pool with 360-degree views of the city
From there, lofts are two-story with an upper level for
bedroom/work area while the townhouse villas offer two stories with two
bedrooms on the upper levels and the tower houses one and two-bedroom
units. Each unit is filled with tons of
amenities and space to make living there pure bliss. Some of the most notable features about the
living space include 10-foot exposed concrete ceilings, large kitchens with
stainless steel appliances, custom cabinetry and stone countertops, spacious master
suites with large master baths and walk-in closets and more. Other amenities for each of the residences
include:
· Full-sized washer and dryer
· Floor to ceiling windows
· Spacious private terraces with amazing views
· Private storage for each residence
Real Estate at MIDBLOCK at Midtown
The mix of residences at MIDBLOCK include apartment units,
townhouses and loft units that range in size from just over 800 square feet for
a one-bedroom tower unit to over 2,000 square feet for a loft and everything in
between. List prices start in the mid to
upper-$300s and climb to over $600K depending on the type and size of
unit. Because it was a rental community
up until recently, many of the units MIDBLOCK rentals already had lease
agreements in place which makes this a huge opportunity for investors. Investors can expect to get anywhere from $2,000 to $3,500 per month for rental rates.
There are currently four units for sale at MIDBLOCK all in
the Tower with list prices ranging from the upper-$300s to mid-$500s. Over the past six months, 13 units at
MIDBLOCK have sold with sale prices falling between the upper-$300s and
low-$500s.
MIDBLOCK Reflects a Growing Economy
MIDBLOCK is a perfect example of how the real estate market
pendulum has swung in the right direction and reflects a growing economy. With 13 sales under its belt since it went
from an entirely rental community to individually-owned units, it shows that
there is a need for properties of this caliber.
MIDBLOCK is what Miami real estate buyers want – especially when Midtown
is where they want to be.