Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MIAMI-Nirvana, a condominium conversion project on the bay in the city’s emerging Biscayne Corridor, has opened its on-site sales center. The project, located at 680 N.E. 64th St., will span 17 acres from Biscayne Boulevard to Biscayne Bay. It will include a private marina, bayside beach and botanical gardens. The project will consist of five mid-rise buildings containing 374 completely renovated and upgraded homes. The buildings will be connected through lighted, landscaped walkways.

The sales center is located at 777 N.E. 62nd St., Building C. Majestic Properties is the project’s exclusive sales agent. Nirvana is being developed by Midtown Equities of New York, represented by president Dan Pfeffer and Jack Cayre, and Michael Samuel of Samuel & Co. Renovations are under way, and delivery is expected as early as March.

The project offers studios, one- and two-bedroom units that range from 570 sf to 1,089 sf. Prices begin in the mid-$100,000s, with up to 97% financing offered through HSBC.

“We are fulfilling the demand for safe and affordable housing in the area,” Pfeffer says in a statement. “Nirvana represents a well-priced option for urbanites who want the convenience of being close to work but the tranquility of a residential suburb.”

Amenities planned include a fitness center, two tennis courts, two pools, volleyball courts and state-of-the-art security with a 24-hour manned guard house and controlled card access. Inside features include modern Italian kitchens with stainless steel appliances, granite countertops and private terraces.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.