Ella Miami Beach Condo Advances Amid North Beach Growth

Vertical Construction Advances in North Beach

Construction has reached the vertical phase for a boutique 10-story condominium project in North Beach, Miami. With over 65% of units pre-sold, the development is positioned to meet growing local demand fueled by neighborhood revitalization and market shifts.

Financing Secured and Engineering Progress

After breaking ground in February 2025, the project secured $42.3 million in construction financing from Amerant Bank through Berkadia. Major engineering milestones such as sheet piling are complete, and foundation work is underway. Delivery is expected by early 2027, keeping the timeline on track.

Diverse Unit Options and Competitive Pricing

Residences range from studios to two-bedroom layouts, measuring approximately 429 to 1,756 square feet including balconies. Interiors feature high-end finishes like 9-foot ceilings, ItalKraft kitchens, JennAir appliances, and stone countertops. Pricing starts around $600,000, offering an attractive entry point compared to typical Miami Beach new builds.

Comprehensive Amenities and Rental Flexibility

Residents enjoy a rooftop pool, fitness center, ocean-view pickleball court, private beach club access, coworking spaces, and wellness areas including yoga and sauna zones. A partnership with Nomada Residences offers owners the ability to capitalize on short-term rental opportunities, appealing to both lifestyle buyers and investors.

Neighborhood Transformation Fuels Opportunity

North Beach is undergoing significant change, with developments like 72 Park and the Deauville site driving a shift toward denser, vertical urban growth. This evolution enhances the area’s appeal for residents and investors alike.

Market Outlook and Investment Potential

Despite some softness in Miami’s broader condo market, well-located, mid-priced properties with flexible rental strategies continue to perform well. This project offers a timely opportunity to enter a rising submarket with strong lifestyle and investment appeal.

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