JEM Private Residences is a pre-construction condominium at 1016 NE 2nd Ave in Park West, planned with 274 residences over 67 floors. The developer lists its status as under construction and completion as Q4 2027. It was developed by Naftali Group and designed by Arquitectonica. Landscape architecture is by EDSA. Residences range across studio to 3 bedrooms (4 bedroom sky villas available), with 9 ft (floors 43 to 46); 10 ft (floors 51 to 57); 11 ft (floor 58); 10 ft (floors 59 to 64); 11 ft (floors 65-67) ceilings.
The deposit schedule on file: 20% at contract, 10% 90 days after contract, 10% feb 2027, balance at closing. Rental rules as published: no short-term rentals; minimum lease 31 days; up to 11 leases a year. The developer's estimated association fee is $1.30 per square foot per month. 30 amenities are listed, among them cocktail lounge, outdoor lounge and locker room. I have six developer documents on file for it, including the brochure.
Sources: Developer-published project data and my pre-construction files. Blanks mean the record doesn't state it; nothing here is estimated.
The record 14 facts
The record
- Address
- 1016 NE 2nd Ave, Miami 33132
- Neighborhood
- Downtown
- Developer
- Naftali Group
- Architect of record
- Arquitectonica
- Landscape architect
- EDSA
- Residence mix
- Studio to 3 Bedrooms (4 Bedroom Sky Villas Available)
- Ceilings
- 9 Ft (Floors 43 to 46); 10 Ft (Floors 51 to 57); 11 Ft (Floor 58); 10 Ft (Floors 59 to 64); 11 Ft (Floors 65-67)
- Est. HOA
- $1.30/SF/mo
- Expected delivery
- 2027
- Status
- Under Construction
- Floors
- 67
- Residences planned
- 274
- Short-term rentals
- Min lease 31 days
- Sales by
- One World Properties