Journal · Miami Luxury Condos Blog
Fortune International Group and Blue Road announced the completion of Nexo Residences.
By Josh Stein · Florida license SL3057661 · Updated 25 October 2026
Key Takeaways
- Fortune International Group and Blue Road announced the completion of Nexo Residences at 13899 Biscayne Boulevard, North Miami Beach, per Florida YIMBY’s report of 29 September 2026.
- The Temporary Certificate of Occupancy came first. Florida YIMBY reported on 28 August 2026, citing KAST Construction, that the building had received its TCO while closeout work continued.
- 254 residences: furnished studios to three-bedroom condominiums plus three- and four-bedroom townhomes, 531 to 2,438 square feet, per the 29 September 2026 announcement.
- The developers report more than 90% sold, to buyers from more than 25 countries, with remaining pricing “starting in the $685,000s”, as reported by Florida YIMBY on 29 September 2026.
- Short-term rentals are built into the building: AvantStay is named as the preferred manager for owners who choose to rent, per the same report.
By Josh Stein, Miami real estate sales associate, Florida license SL3057661. Selling Miami luxury property since 2002.
What was announced
Florida YIMBY reported on 29 September 2026 that Fortune International Group and Blue Road “have announced the completion of Nexo Residences, a 16-story, 254-unit condominium development at 13899 Biscayne Boulevard in North Miami Beach.” The same report says the property “has received its Temporary Certificate of Occupancy and is preparing to welcome its first owners and guests.”
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Last updated November 15, 2026, 10:06 am
The TCO itself was reported a month earlier. On 28 August 2026, Florida YIMBY wrote that KAST Construction had announced the milestone, and that the TCO “allows occupancy to begin while remaining construction and closeout work continues across the property.” That report described the building as 15 stories rising approximately 192 feet, with a 396-space parking garage; the developers’ 29 September announcement describes it as 16 stories. Both reports give 254 residences.
Who built it
Per Florida YIMBY, 29 September 2026: design by Carlos Ott, with Frankel Benayoun Architects Inc. as architect of record; KAST Construction as general contractor; Urban Robot for the common areas, residence interiors and landscaping. Fortune Development Sales handles exclusive sales and marketing.
The residences and the rental programme
The announcement, as reported by Florida YIMBY on 29 September 2026, describes fully furnished studios through three-bedroom condominiums and a collection of three- and four-bedroom townhomes, with interiors from 531 to 2,438 square feet. Florida YIMBY’s 28 August 2026 report states that owners can rent their units “without minimum rental restrictions.”
AvantStay is named as the preferred property manager for short-term rental operations, with an on-site team handling check-ins, check-outs and housekeeping for owners who take part. Owners can also live in their residences themselves, per the 29 September 2026 report.
Amenities listed in the same announcement include a three-story arrival lobby, a two-story technology hub with coworking space, a pool deck and jacuzzi, three summer kitchens, a rooftop observatory deck, a fitness centre with a yoga studio, a children’s playground, a clubroom, an event area and an outdoor movie theatre.
The developers, in their own words
Edgardo Defortuna, CEO of Fortune International Group, quoted by Florida YIMBY on 29 September 2026: “Reaching delivery is the moment a vision becomes a place people can actually walk into and call home.”
Jorge Savloff, CEO of Blue Road, in the same report: “Residents and renters can now experience firsthand what we set out to build.”
What delivery changes for a buyer
Until now, a buyer at Nexo was buying from renderings and a contract. From here the building starts to produce a public record: the county will assess each unit, closings will post as recorded sales, and the first resales will show what these units trade for once they are no longer new.
Two practical points. First, a TCO is not the final certificate of occupancy; the 28 August 2026 report notes closeout work was continuing. Second, in a building designed around short-term rental, the terms that decide an owner’s income, including the rental programme agreement, the management fee split and the association’s own rules, sit in documents rather than in the announcement. Read them before you rely on a rental figure.
The price history on this project is worth knowing. When the tower topped off, Florida YIMBY reported on 3 June 2025 that “pricing begins in the $599,000s”; the 29 September 2026 announcement gives the remaining inventory as “starting in the $685,000s.” Both are developer asking prices, not recorded sales.
For the full building page, including the timeline from launch to delivery, see Nexo Residences. For other buildings nearby, see North Miami Beach.
Reports checked 29 September 2026. JSR did not seek comment.
Get this building’s public record as it posts
Nexo’s first closings and resales will land on the Miami-Dade record over the coming months. Tell Josh you want the building and he’ll send the recorded sales as they appear, not the asking prices.
Nexo Residences completion: frequently asked questions
When was the completion of Nexo Residences announced?
Florida YIMBY reported on 29 September 2026 that Fortune International Group and Blue Road announced the completion of Nexo Residences at 13899 Biscayne Boulevard, North Miami Beach. The Temporary Certificate of Occupancy had been reported a month earlier, on 28 August 2026.
How many residences are in Nexo Residences?
254, per Florida YIMBY on 29 September 2026: fully furnished studios to three-bedroom condominiums plus a collection of three- and four-bedroom townhomes, with interiors from 531 to 2,438 square feet.
Who designed and built Nexo Residences?
Per Florida YIMBY on 29 September 2026: design by Carlos Ott, with Frankel Benayoun Architects Inc. as architect of record, KAST Construction as general contractor, and Urban Robot for the common areas, residence interiors and landscaping. Fortune Development Sales handles exclusive sales and marketing.
What is a TCO, and is Nexo’s the final certificate of occupancy?
Florida YIMBY wrote on 28 August 2026 that the TCO “allows occupancy to begin while remaining construction and closeout work continues across the property.” A TCO is not the final certificate of occupancy, and the same report notes closeout work was continuing.
Can owners rent their Nexo units short term?
Per Florida YIMBY on 28 August 2026, owners can rent their units “without minimum rental restrictions,” and the 29 September 2026 report names AvantStay as the preferred property manager for short-term rental operations. Josh’s note, not YIMBY’s: the terms that decide an owner’s income, including the rental program agreement, the management fee split and the association’s own rules, sit in documents rather than in the announcement, so read them before relying on a rental figure.
What are the prices at Nexo Residences?
Developer asking prices only. Florida YIMBY reported on 3 June 2025 that “pricing begins in the $599,000s,” and on 29 September 2026 that remaining inventory is “starting in the $685,000s.” The developers report more than 90% sold, per Florida YIMBY on 29 September 2026. None of these are recorded sales.
How can I see what Nexo units actually sell for?
Florida YIMBY reported on 29 September 2026 that the building is preparing to welcome its first owners. Josh’s note, not YIMBY’s: once closings post, they appear on the Miami-Dade record as recorded sales, and Josh Stein can send the building’s recorded sales as they appear rather than the asking prices; use the contact link above.
How has your building held its value? The Miami Condo Index ranks Miami condo buildings by their county sale records: real price per square foot, turnover and four-year change.
Sources and further reading
- Florida YIMBY, “Completion Announced For Nexo Residences At 13899 Biscayne Boulevard In North Miami Beach,” Oscar Nunez, 29 September 2026floridayimby.com
- Florida YIMBY, “Nexo Residences Achieves TCO At 13899 Biscayne Boulevard In North Miami Beach,” 28 August 2026floridayimby.com
- Florida YIMBY, “Nexo Residences Tops Off Construction At 13899 Biscayne Boulevard In North Miami Beach,” 3 June 2025floridayimby.com