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ELLE Residences Miami Occupancy Rate Comparison by End of 2025
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ELLE•Urban Network Capital Group•Vertical Development•ELLE Residences Miami•Edgewater•Miami Design District•Miami•Cipriani•Baccarat•Missoni•Armani•Casabella•French•Lagardère News
Resolution / Starting Odds
Higher than others • 33%
Similar to others • 34%
Lower than others • 33%
Occupancy data from comparable branded condo projects
Story
ELLE Launches 25-Story, 180-Unit Short-Term Rental Condo Project in Miami
May 29, 2024, 02:40 PM
Global fashion brand ELLE has partnered with Urban Network Capital Group and Vertical Development to launch its first-ever branded condo project, ELLE Residences Miami. The 25-story, 180-unit luxury tower, which permits short-term rentals, will be located between Edgewater and the Miami Design District, near the famed fashion district. This project adds to Miami’s growing list of branded condo developments, which include collaborations with brands like Cipriani, Baccarat, Missoni, Dolce & Gabbana, Armani, and Casabella. The project is also in partnership with French publisher Lagardère News. The Miami skyline is about to get more fashionable.
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Similar markets
Below 25% • 25%
25% to 50% • 25%
51% to 75% • 25%
Above 75% • 25%
Yes • 50%
No • 50%
Less than 25% • 25%
25% to 50% • 25%
50% to 75% • 25%
More than 75% • 25%
Below 30% • 25%
30% to 60% • 25%
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Above 90% • 25%
Prices fall below expected • 33%
Prices meet expectations • 34%
Prices exceed expectations • 33%
0-5% increase • 25%
6-10% increase • 25%
11-15% increase • 25%
More than 15% increase • 25%
No additional projects • 33%
1-2 additional projects • 33%
More than 2 additional projects • 33%
Below 50% • 25%
50% to 75% • 25%
75% to 90% • 25%
Above 90% • 25%