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CONSTRUCTION AND DEVELOPMENT

Construction And Development
March 19th, 2024

The 32-story 600 Miami Worldcenter condo tower recently broke ground after its developers secured a $95M construction loan from Mexican financial firm Banco Inbursa, according to a release. 

Fort Lauderdale-based Merrimac Ventures and New York-based Aria Development Group are building the 606-unit project at 600 NE First Ave. in Downtown Miami. All of its units are pre-sold and have no short-term rental restrictions. 

Units will come fully furnished and range from 407 SF studios to 830 SF two-bedroom condos. Prices started at more than $400K, with most of the buyers coming from the U.S., Colombia, Turkey and Argentina. OneWorld Properties CEO Peggy Olin is managing the sales. 

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