Una Residences

What was actually built at Una Residences?

A 47-storey tower on the Brickell waterfront at 175 SE 25th Road, holding 129 residences, developed by OKO Group — Vladislav Doronin’s firm — with Cain International. The design architect is Adrian Smith + Gordon Gill Architecture; Florida YIMBY names Revuelta Architecture International as architect of record (17 April 2024). The developer’s website, read on 24 September 2026, advertises immediate occupancy and five residences remaining.

The unit count changed. The trade press reported 135 residences at the March 2018 launch, at the April 2021 loan announcement and again at the April 2024 topping-off; the developer’s February 2026 release says 129. I have not found a source that explains the difference, so I would treat 129 as the developer’s current figure and confirm the final count in the recorded declaration.

The Timeline, Dated

• April 2020 — demolition of the former condominium on the site is completed; completion is described as initially expected by 2021 (PROFILEmiami, 29 April 2020).
• April 2021 — a $128.3 million construction loan from Bank OZK is announced; completion is reported as expected in 2023 (The Real Deal, 20 April 2021).
• November 2021 — The Real Deal reports construction on hold after two groundwater breaches at the site since October, with a City of Miami stop-work order reported issued; a county environmental official is quoted saying the situation did not currently pose an environmental concern (17 November 2021). I have not found a source that says how long the hold lasted or whether it changed the delivery date.
• April 2024 — the tower tops off at 47 storeys; completion is anticipated in early 2025 (Florida YIMBY, 17 April 2024).
• February 2026 — the City of Miami’s temporary certificate of occupancy is reported, with closings to commence (Florida YIMBY, 26 February 2026; Cain International, 27 February 2026). Neither source gives the day it was issued.
• 13 March 2026 — South Florida Agent Magazine reports that closings have begun.
• 22 April 2026 — The Real Deal counts about 50 unit deeds filed with Miami-Dade County, at prices from $1.9 million to $8.3 million.
• 24 September 2026 — the developer’s website lists five residences remaining.

Three completion targets I found (2021, 2023 and early 2025) passed before the certificate arrived. The Real Deal’s 22 April 2026 story on the first closings uses the word delayed in its headline and puts the completion at least three years past the early-2023 date it cites. I have not found a source that says why the date moved.

The Miami Pre-Construction Delivery Tracker on this site records the same three slips for Una (first promised 2021, delivered February 2026).

What This Building Teaches About Pre-Construction

Una is a useful case study in how far a delivery date can move on a project that had a $128.3 million construction loan and, by its own developers’ account, more than 90 percent of its homes sold before completion.

A $128.3 million construction loan was announced in April 2021 (The Real Deal). Construction was reported on hold for a time in November 2021 after groundwater breaches (The Real Deal). More than 90 percent of the residences were sold before completion, and two penthouses were reported sold at $17.75 million each (Florida YIMBY). I have not found a source reporting a foreclosure or a lawsuit about Una itself. And the completion date still passed three published targets.

The lesson is not that pre-construction is a bad buy. The lesson is that the date on the brochure is an estimate, and the date in your purchase agreement is the one that matters. Ask for the outside date. Ask what happens if it passes. And plan your own housing, financing and tax position around the outside date rather than the marketing date.

Buying Here Now

Una has a temporary certificate of occupancy and closings began in 2026, which changes the transaction: you are buying a finished residence rather than a rendering with a deposit. The developer’s website (24 September 2026) advertises immediate occupancy and five residences remaining, and publishes no prices.

What to ask for, in this order: the recorded declaration of condominium and the offering documents; the current association budget and reserve schedule; the insurance placement and any assessment history; and the closing history — closings only began after the February 2026 certificate (The Real Deal counted about 50 recorded deeds by 22 April 2026), so resale comparables will be thin.

Brickell Around It

175 SE 25th Road is on the South Brickell shoreline of Biscayne Bay (Florida YIMBY, 26 February 2026). Cain International calls Una the first waterfront condominium to deliver in Brickell in more than a decade (27 February 2026).

In the research: Miami Pre-Construction Update — August 2026 · Miami Pre-Construction Condos: The Complete 2026–2031 Pipeline Guide