What changed
Nexo Residences at 13899 Biscayne Boulevard received its Temporary Certificate of Occupancy. The milestone permits occupancy to begin while final construction and closeout continue; it is not the same as a final Certificate of Occupancy.
- 254 furnished residences in a 15-story building
- Studios through three-bedroom residences
- Limited three- and four-bedroom townhomes
- No new incentive or deadline was publicly announced
Rental flexibility depends on residence type
Tower residences are designed for short-term, seasonal and long-term rentals. The limited townhomes reportedly require a three-month minimum stay. AvantStay is identified as the preferred rental-management provider, but available sources do not establish that owners must use it.
- One brokerage source displays an entry point near $664,048
- An older release referenced pricing in the high $500,000s
- The difference may reflect remaining inventory rather than a building-wide increase
Todd’s buyer perspective
The TCO reduces near-term delivery uncertainty, but buyers should still verify the final CO, actual available units, association budget, management fees and realistic rental economics before making a return-based decision.
Questions Clients Ask
Frequently asked questions
Is a Temporary Certificate of Occupancy the same as a final CO?
No. A TCO permits occupancy while final construction or closeout work continues.
Do all Nexo residences have the same rental rules?
No. Available reporting distinguishes the flexible tower residences from townhomes with a reported three-month minimum stay.