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About This Development
The coolest space in the hottest city. Every inch brilliantly curated to make room for fun. Innovative design provides affordability with priceless amenities all in the heart of Downtown and social zones for lounging, dipping, and connecting. Digitally driven, people powered, your PAD is the smart way to condo in Miami.
YOTELPAD in downtown Miami, this project is perfect for the foreign or local buyer, the new innovative way to condo in Miami.
YOTELPAD is the latest residential extension to the YOTEL & YotelAir brand, bringing to the market efficiently designed units to utilize the space in a way to fit everything you need without compromising on luxury.
This development is perfect for the international and local US buyer giving them the opportunity to purchase a residential unit with the convenience OF NO RENTAL RESTRICTIONS allowing the buyer to have the freedom to optimize his rental capacity through numerous options.
OPTION1 - We offer a leaseback program for 2 years, where a rent of 8% of the value of the purchase price is paid to the owner. This is an ideal option to have something guaranteed since the buyer has a fixed monthly payment for those first 2 years.
OPTION 2- Is that the client has the freedom to place his unit in any short-term rental sites such as Airbnb, booking.com, and numerous others providing the client with another opportunity to maximize his profitability. Since there are no rental restrictions, units can be rented on a daily, weekly & monthly basis.
OPTION 3- Client can also place his unit in the Hotel rental program if he chooses, if the client is interested in either the leaseback program or the Hotel Rental program then a purchase of the furniture package will be required, I will have more details soon regarding this package.
Here below you have 2 links, the YotelPad Presentation link with floorplans and renderings and the other link below it is the YotelPad video to get a glimpse of this innovative Project.
Our deposit structure:
20% at contract (can be 10% now and 10% in 45 days)
10% by July 2019
10% by September 2019
10% at the 1ST Quarter of 2020
50% at the 1ST Quarter of 2021
Maintenance: it is $0.78 per foot.
Groundbreaking Has Already Begun
Completion 1ST Quarter of 2021