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60-Unit Condo Project Set for Miami Area

National Rehab Properties is acquiring a site in August for a 15-story venture.

By Harold Kelman | Updated on July 28, 2000

MIAMI—National Rehab Properties Inc. expects to close shortly on land where it will build Condo del Sol Condominiums, a planned 15-story, 60-unit property in Bay Harbor Island, a posh north Miami district. Ground-breaking is tentatively set for 2001 with completion in 2002. The venture is designed for three stories of parking topped by 12 floors of condos priced in the $150,000-to-$225,000 range. In separate projects, National Rehab is completing two 60-unit assets in Miami and a subdivision in Vero Beach, FL.

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