Okan Tower Reaches $39 Million in Sales in 1 Month-Groundbreaking Planned for June

April 6, 2022

Sales have not slowed down for many pre-construction towers in Miami and that list also includes Okan Tower Residences. In a recent press release, developers saw just over $39 million in sales for the month of March.

Originally launched in May 2018, Okan Tower was put on hold in early 2020 due to the pandemic. Now the developer, Okan Group, is moving full force ahead. Okan Tower is expected to rise 70 stories tall with 163 condos and 263 condo-hotel units.

The tower will be located at 555 North Miami Avenue in Downtown Miami and will include luxury resort-style amenities, office spaces, entertainment areas, and a 316-key Hilton Hotel.

Prices for units at Okan Tower will begin at $387,000 for the condo-hotel units and $587,000 for the condos and will go up to $2 million. The hotel units will start on the 36th floor with studio to 2 bedroom floor plan options. These floor plans range from 445 to 1,250 square feet.

The condos will then begin on the 51st floor and will feature 1 to 3 bedroom floor plans. These units will have 695to 2,075 square feet of living space.

The tower will also feature a 2-floor penthouse with 1,875 to 2,040 square feet of living space. Okan will also include luxury resort-style amenities.

Amenities

• 70th-floor rooftop pool
• Sky deck with cabanas
• 12th-floor lap pool
• Clubroom and lounges
• Health and fitness center
• Spa
• Children’s room
• Theater
• Wine cellar
• Owner’s lounge
• Amenity deck on floors 27-30
• Cafe
• Bars
• Conference and meeting space
• Ballroom
• Spa with a marble Hamman

The groundbreaking is scheduled for June 2022. This will be the developer’s first real estate project ever.

If you or someone you know have an interest in purchasing at Okan Tower, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.