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JEM Residences

Neighborhood Snapshot: Downtown Miami


Development Name
Sales Status	Reservations
Percentage Sold/Reserved
Address	1044 & 1016 NE 2nd Avenue Miami
Location	Urban Core
Developer	Naftali Group
Architect	Arquitectonica
Number of Units	259
Number of Stories	67
Estimated Completion (Year)	Q3 2027
Unit Type Range:	Studio – 4 Bds
Unit Size Range (/ft2)	469 ft2 –2,052 ft2
Price Range of Available Units:	S$ 600,000 - $ 2M
Price Average (/ft2):	$ 1,200
Starting Price ( Studio Units )	$ 600,000
Starting Price ( 1 Bed Units )	$ 1M
Starting Price ( 2 Bed Units )	$ 1.3M
Starting Price ( 3 Bed Units )	$ 1.9M
Starting Price ( 4 Bed + Units )	Pending Release
Rental Policy	31 Day Min / 4X Per Year
Outside Broker Commission	6 %