There also have been some recent purchases by local buyers who want to live, work, and play in the center of it all, says Fraguio.

He also reports that Asian buyers are starting to show an interest in Opera Tower, and he expects this activity will increase because of the upcoming Genting development, which is located just three blocks from Opera Tower. He says that France, Germany, Italy, Spain, and England make up about 5% of the sales at the property. Fraguio says that sales from Europe are increasing but the activity is much less than that from Latin America. He also says that buyers are recognizing that Opera Tower’s prices are very reasonable in comparison to prices at other area condominiums that offer limited views.įraguio also reports that over one-third of the Opera Tower buyers are from Argentina, with Venezuelan buyers comprising 18% and over 10% from Brazil.

“Sales at Opera Tower have been moving along very well, and I believe that the activity is attributed to a combination of things, including the developer financing and leaseback programs that we are offering, the recent design enhancements nearing completion, and, of course, Opera Tower’s prime location and breathtaking views,” says Hollo.Īccording to Opera Tower Sales Director George Fraguio, buyers are attracted to the panoramic views that the tower offers, as well as the leaseback program from the developer. Opera Tower is located in the Media and Entertainment District on the park, overlooking magnificent Biscayne Bay and Downtown with stunning views. Fortune International is heading sales for the property.

With 455 of the 635 residences sold at the mixed-use high-rise, just 180 residences remain, where prices range from $257,900 up to $600,000. (FECR), is over 70% sold, reports FECR Chairman & President Tibor Hollo. MIAMI, FL – Opera Tower, the 56-story, luxury tower in Downtown Miami developed by Florida East Coast Realty, Inc. Opera Tower Over 70% Sold Just 180 Residences Remain at Luxury Tower in Downtown Miami

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