Una Residences

Building facts

Address

175 SE 25th Road

Neighborhood

Brickell

Year built

2024

Floors

47

Residences

137

Status

Pre-Construction

Developer

OKO Group

Architect

AS+GG

Pricing

Starting at $2.7 Million

Una Residences is finished, and it took almost five years longer than promised. A 47-storey, 129-residence tower at 175 SE 25th Road in Brickell by OKO Group and Cain International, it received its temporary certificate of occupancy in February 2026. The first public expectation, back in April 2020, was 2021.

That is not a criticism of the building — it is one of the better-resolved towers on the Brickell waterfront, more than 90 percent sold before completion, with two tri-level penthouses that traded at $17.75 million each, among the highest recorded condominium sales in the Brickell submarket. It is a lesson about what a pre-construction timeline actually means, and it is worth understanding before you sign one.

By Josh Stein — Miami real estate associate, Florida license SL3057661. Selling Miami luxury property since 2002, with more than $1 billion closed.

What Was Actually Built

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 architect is Adrian Smith + Gordon Gill Architecture.

The unit count fell during construction. The project was marketed and financed in 2021 at 135 residences; it delivered with 129. Nobody has explained the six. That is a small thing, but it is the kind of small thing worth noticing, because it means the building that was financed is not exactly the building that exists.

The Timeline, Dated

• April 2020 — demolition clears the site; completion then expected 2021.
• April 2021 — a $128.3 million construction loan closes with Bank OZK; delivery now 2023.
• April 2024 — the tower tops off; delivery now early 2025.
• 26 February 2026 — temporary certificate of occupancy issued. Delivered.

Three documented slips. Roughly five years between the first public expectation and the keys. The Real Deal headlined its April 2026 coverage on the closings with the word delayed.

For context, on the Miami Pre-Construction Delivery Tracker Una is one of 22 towers out of 38 that have slipped at least once — but with three slips it sits in the worst tier, alongside Aman Miami Beach at four.

What This Building Teaches About Pre-Construction

Una is the single most useful case study in Miami right now, because everything about it worked and it still took five extra years.

The sponsor is well capitalised. The loan closed. Construction never stopped. Sales were strong — more than 90 percent before completion, with penthouses setting a submarket record. There was no litigation of note, no foreclosure, no stalled financing. And the delivery date still moved three times across five years.

The lesson is not that pre-construction is a bad buy. Buyers who contracted early here did well; the penthouses traded among the highest prices ever recorded in Brickell. 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 is delivered, which changes the transaction entirely. You are no longer buying a rendering with a deposit — you are buying a finished residence with a walkable floor plate, a real view, and an actual association budget you can read.

What to ask for, in this order: the current association budget and reserve study; the milestone structural inspection report, which Florida statute now requires; the insurance placement and any assessment history; and the closing history, since the building only began drawing sales in April 2026 and early resale comps will be thin.

One flag worth raising honestly: OKO Group’s neighbouring Missoni Baia is the subject of a condominium-association lawsuit alleging 76 construction and design defects, and its foundation settling delayed occupancy by at least sixteen months. That is a different building with a different contractor, and nothing on the public record connects those issues to Una. But if you are buying from this sponsor, the milestone inspection is not a formality.

Brickell Around It

175 SE 25th Road sits at the southern end of Brickell, on the water, below the dense financial-district core — a quieter stretch where the bay frontage is continuous and the towers are further apart. Brickell City Centre, the Metromover Brickell Loop and the Financial District are all a short distance north.

Note one common error: Una Residences is in Brickell, not Edgewater. It is regularly listed as an Edgewater comparable and it is not one — different submarket, different price behaviour, different buyer.

Since2002Selling Miami luxury

Closed$1B+In career sales volume

Years24In this market

Buildings478Tracked across Miami

Una Residences — Frequently Asked Questions

Is Una Residences finished?

Yes. The 47-storey tower received its temporary certificate of occupancy in February 2026 and began drawing sales in April 2026. It topped off in April 2024.

Where is Una Residences?

175 SE 25th Road, Miami, FL 33129 — on the water at the southern end of Brickell. It is frequently and incorrectly listed as an Edgewater building; it is not one.

How late was Una Residences?

Roughly five years. The first public expectation, reported in April 2020, was 2021. It moved to 2023 at the April 2021 construction-loan close, then to early 2025 at the April 2024 topping-off, then delivered in February 2026. Three documented slips.

How many units does Una Residences have?

129 at delivery. It was marketed and financed in 2021 at 135. The reduction has never been publicly explained.

What is the most expensive sale at Una Residences?

Two tri-level penthouses sold at $17.75 million each, described by Florida YIMBY as among the highest recorded condominium sales in the Brickell submarket. More than 90 percent of the building was sold before completion.

What should I check before buying at Una Residences?

The current association budget and reserve study, the milestone structural inspection report now required by Florida statute, the insurance placement and any assessment history, and the closing history — resale comps are thin because sales only began in April 2026.

Sources and further reading

• Demolition clears the way for OKO Group and Cain’s Una Residences — PROFILEmiami29 April 2020: the earliest verifiable completion expectation, 2021.
• Doronin, partner score $128M construction loan for Brickell condo tower — The Real Deal20 April 2021: the $128.3M Bank OZK facility, the 135-unit count and the move to a 2023 delivery.
• Una Residences tops off at 175 SE 25th Road — Florida YIMBYApril 2024 topping-off, carrying an early-2025 delivery target.
• OKO Group and Cain receive TCO for 47-storey Una Residences — Florida YIMBY26 February 2026: temporary certificate of occupancy, 129 units, 90%+ sold.
• OKO Group and Cain achieve delivery milestone at UNA Residences — Cain International27 February 2026: the developer’s own delivery announcement.
• Miami Pre-Construction Delivery Tracker — Josh SteinOur dated record of what 38 South Florida towers promised at launch versus what they promise now.

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