Onda Residences, Site of Former MiMo Apartment Building, Broke Ground Today

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Onda Residences, a high-end luxury condominium being developed by CMC Group and Morabito Properties, had its ceremonial groundbreaking today, as one of the few in-person real estate events that are finally starting to happen these days. The building, which features 41 residences beginning at $1.8 million a pop, is on the former site of the Bay Harbour Continental, a MiMo residential building that was a gem of midcentury flair and which preservationists fought, unsuccessfully, to preserve.

Photo via Miami Design Preservation League

This is how the invite to the groundbreaking describes Onda: “Onda – also known as the Italian word for “wave” – has been architecturally designed by Bernardo Fort-Brescia of Arquitectonica, with interiors imagined by creative design masterminds Carlo and Paolo Colombo of A++ Human Sustainable Architecture, and lush landscaping by award-winning landscape architect Enzo Enea of Enea Garden Design. The 8-story boutique waterfront development will boast more than 300 linear feet of bay frontage, a private marina, and sweeping views of Biscayne Bay and the Atlantic Ocean. Construction is expected to be completed in 2023. More than 60% of Onda’s 41 luxury residences have already been pre-sold, with the majority of its buyers hailing from the U.S., with prices ranging from $1.8 million to over $9.5 million.”

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