PMG, LNDMRK Development to build Twenty Sixth & 2nd Wynwood Residences condo in Miami with Airbnb
Story Highlights PMG and LNDMRK to launch Miami condo with Airbnb-managed offices.
Twenty Sixth & 2nd Wynwood Residences will feature 233 furnished condos.
Studio units start at $500,000, larger condos from $700,000.
Property Markets Group (PMG) and LNDMRK Development will soon launch sales for a condo in Miami's Wynwood that will include office suites in partnership with Airbnb.
The developers have the 1.1-acre site at 2600 N.W. 2nd Ave. under contract from ASG Wynwood LLC, part of New York-based ASG Equities. The seller will own the retail portion of the condo and hold a minority interest in the residential space in the building.
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Twenty Sixth & 2nd Wynwood Residences would feature 233 fully furnished condos, about 25,000 square feet of office and 26,000 square feet of ground-floor retail space. The condo buyers would also receive a deeded office suite with room for a desk, a chair and a TV. There would also be a shared conference room, lounge and kitchen for the office suites. Airbnb would provide full-service management of the property to allow owners to list both their residential and office spaces [together and not separately] for daily rentals.
The studio units are priced from $500,000 and the larger condos start at $700,000.
'As it has expanded, Wynwood has positioned itself as an ideal destination for those who wish to live, work and enjoy the best of Miami while experiencing the best of its iconic cultural year-round,' said Ryan Shear, managing partner at PMG. 'With this first-ever iteration of hosting both one's condominium and office space on Airbib, we are confident this property will further Wynwood's success and raise expectations for world-class living throughout South Florida.'
Miami-based Cube3 designed the project.
Twenty Sixth & 2nd Wynwood Residences would have more than 32,000 square feet of amenities, including a garden with yoga and meditation space, steam rooms, saunas, a cold plunge pool, private treatment rooms, a fitness center, a rooftop pool deck, and an outdoor bar.
'Twenty Sixth & 2nd Wynwood Residences is a highly innovative project, infusing the abundant creative spirit of Wynwood and the exclusive comforts of Miami to create an extraordinary living and working experience,' said Alex Karakhanian, principal of LNDMRK Development.
PMG's in-house sales team will handle condo sales for the project.
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