Frequently asked questions
What is the location of Oleta House?
1700 NE 164th st North Miami Beach Florida 33162, United States
How many units will be available for sale?
328 Residential Units and 8 two story Penthouse Units. The units will be a mix of studios, 1,2,3 and 4 bedroom.
What are the purchase prices?
From $225000 to $1309000. Please click on the price list below for a complete overview.
Are pets allowed?
Yes, pets are welcome
Are short term rentals allowed?
Yes, Short term rentals will be allowed in the West Tower. This means Daily rentals. Great opportunity for investors. The East tower will allow two times, 6 month rentals.
Will the units come turn key?
Yes, The West Tower will offer Turn key units. Great for investors
Will there be a management program to lease the units.
Oleta House is working on creating the Oleta Club. This club will manage your units and lease them out in exchange of a 10% management fee.
Where can I find the floor plans?
Please find them on the button below. Flux Architects has created 25 different floor plans. This way there will be a diversity on different floors.
What is the HOA Fee?
$0.47 per sqf. This included all the amenities, security, parking, insurance common areas and much more.
Will this project be eligible for EB5 investors?
Oleta house project qualifying for EB5 Investors. Ask for the details.
How is the financing after signing the reservation agreement?
15% at signing of the reservation agreement
10% at signing a contract agreement. (30 days after signing the reservation agreement)
20% when condominium documents get available
5% at groundbreaking
50% final at closing
Oleta House is strategically located in between Miami and Fort Lauderdale with easy access to highways, beaches, shops, restaurants, schools and airports.
This new project is designed to seamlessly embrace both amenities and views while remaining convenient and affordable. Units start at $225000 with $450 per sqf
This is a truly unique opportunity for an individual to own a brand new residence in sunny South Florida. Vast, unobstructed views and light, airy floor plans define this new construction building.
Amenities include 3 resort style, rooftop pools, expansive private terraces, stainless steel appliances, fitness center, tranquil yoga room, garage parking, 20 car charging docks and much more.
Other features that let this new project stand out:
- Investor Friendly: Short term rentals allowed. EB5 investors and Sono House Management Team on site
- Koster Friendly: Kosher Pool, Elevator, adjustable kitchens and much more.
- Incorporation of technology
For Brokers and Realtors
- Visit the sales center on appointment
- Make sure your client is registered
- Request the reservation agreement
- 6 % Commission will be paid:
30% at signing
30% rooftop off
40% at closing