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Nirvana Opens On-Site Sales Center

MIAMI-The condominium conversion project on the bay here will have 374 homes in five mid-rise buildings, and delivery is planned for as soon as March. The units, aimed at meeting a demand for safe and affordable housing, start in the mid-$100,000s.

By Melissa Bogdany | Updated on December 23, 2003

MIAMI-Nirvana, a condominium conversion project on the bay in the city’s emerging Biscayne Corridor, has opened its on-site sales center. The project, located at 680 N.E. 64th St., will span 17 acres from Biscayne Boulevard to Biscayne Bay. It will include a private marina, bayside beach and botanical gardens. The project will consist of five mid-rise buildings containing 374 completely renovated and upgraded homes. The buildings will be connected through lighted, landscaped walkways.

The sales center is located at 777 N.E. 62nd St., Building C. Majestic Properties is the project’s exclusive sales agent. Nirvana is being developed by Midtown Equities of New York, represented by president Dan Pfeffer and Jack Cayre, and Michael Samuel of Samuel & Co. Renovations are under way, and delivery is expected as early as March.

The project offers studios, one- and two-bedroom units that range from 570 sf to 1,089 sf. Prices begin in the mid-$100,000s, with up to 97% financing offered through HSBC.

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