PREMIUM Development Celebrates Successful Sale of FIFTEEN Apartments in Miami
PREMIUM Development Celebrates Successful Sale of FIFTEEN Apartments in Miami
PREMIUM Development Inc. has reached a significant milestone in its U.S. endeavors by successfully completing the sale of FIFTEEN Apartments, a boutique multifamily community that encapsulates European luxury, situated in Miami's bustling Health District.
This latest project, which was brokered by Walker Dunlop, Inc., demonstrates PREMIUM Development’s commitment to creating distinct, high-quality residential spaces. Completed in 2024, FIFTEEN Apartments boasts a total of 132 luxury residences, all of which feature condominium-quality finishes and a host of top-tier amenities, setting new standards in urban living.
The community is strategically positioned at a vital crossroads of Miami-Dade's primary transit corridors, ensuring effortless access to major employment hubs throughout the city. Being part of the Health District, a renowned healthcare hub that ranks as the second-largest healthcare cluster in the U.S., the location provides residents with proximity to over 2,600 hospital beds, more than 50,000 healthcare-related jobs, and expansive research facilities spanning two million square feet.
Moreover, its accessibility is enhanced by its location along the Metrorail line and close to the 836 Expressway, offering seamless connectivity to key travel arteries like I-95 and Florida's Turnpike. Notably, entertainment and cultural hotspots such as Downtown Miami, the vibrant Brickell area, Doral, and Miami Beach are just minutes away, making it a desirable location for a dynamic urban lifestyle.
Hannes Schoeckler, CEO of PREMIUM Development Inc., elaborated on the achievement, stating, “PREMIUM's continued success in today's evolving market is a testament to the enduring quality of our developments, the sophistication of our design approach, and the strategic value of our locations. We focus on delivering thoughtfully planned communities that combine timeless architecture, modern amenities, and exceptional connectivity, creating long-term value for both residents and investors.”
FIFTEEN Apartments includes superior amenities, such as a resort-style lap pool and a fitness center designed for health club quality experiences. Each element within the development reflects PREMIUM Development's unwavering dedication to excellence in design, quality craftsmanship, and modern urban living.
In addition to its completed projects, PREMIUM Development has an ambitious pipeline ahead, including PALM AIRE, a 100-unit community poised for development in Pompano Beach, and SONVIDA, a larger 385-unit project located in the heart of Little Havana.
Founded in 2017, PREMIUM Development Inc. serves as the U.S. arm of the established PREMIUM Group, which originally began in Austria in 1995. The group has extensive experience in project development, focusing on crafting thoughtfully designed, market-rate residential buildings in vibrant cities like Vienna, Berlin, and now Miami. Currently, the company has over 1,800 residential units in various stages of development across South Florida. The PREMIUM Group has successfully invested more than €2.1 billion in a diversified portfolio of residential projects, totaling over 9,000 units and delivering approximately 7,000,000 square feet of living space.