Natiivo, located in the heart of downtown Miami, will be a 50-story combination condo and hotel building. Being promoted as “powered by Airbnb,” it will use the home-sharing service as its method for generating reservations for the condos for rent and hotel rooms.

Natiivo, located in the heart of downtown Miami, will be a 50-story combination condo and hotel building. Being promoted as “powered by Airbnb,” it will use the home-sharing service as the means for generating reservations for the condos for rent and hotel rooms.

Airbnb is part of the “sharing economy,” similar to such companies as Uber, Lyft and TaskRabbit. On its website you can find homes to stay in instead of a hotel. On the flip side, if you want to rent out extra space in your own home, you can host through Airbnb and make money for allowing a guest to stay the night.

The development will consist of 412 condos for sale to individual investors and 200 hotel units to be retained by the developer.

Owners of the 412 condos will be able to select how they use or rent out their unit. They’ll have four choices:

1. Live in their condo as a primary residence.
2. Treat their condo as a vacation home and use it whenever they want.
3. Let Natiivo management handle the renting of their condo through Airbnb.
4. Rent out their condo on their own through Airbnb.

Option #4 puts the owner in charge of rentals, making it a different real estate vehicle than traditional condo hotels, which typically obligate the owner to rent their unit through the hotel management company’s program. With Natiivo, owners can maximize how much they make because because they don’t have to share their rental revenue with Natiivo management. They would only pay Airbnb’s 3% listing fee. 

Homeowners in popular tourism markets like Miami can usually make more money renting on Airbnb than through traditional long-term leases.

Most Airbnb renters stay in the owner’s home as opposed to a hotel. Airbnb renters of a Natiivo condo, however, will enjoy amenities such as:

• Resort-style pool with pool-side cabanas
• Bar and grill on pool deck
• 24/7 co-working lounge
• Private meeting rooms and event room
• State-of-the-art fitness center
• Private Peloton studios
• Yoga lounge and terrace

Additionally, Natiivo will offer:

• 24-hour welcome desk with concierge
• 24-hour valet parking
• 24-hour secure access

Natiivo’s location in downtown Miami is easy walking distance to the new Virgin Miami Central Station, (formerly Brightline) providing local and multi-city transit options, and the American Airlines Arena, the sports and entertainment arena and home of the Miami Heat.

Other area attractions include:

• Bayside Marketplace – restaurants and shops
• Bayfront Park – 32-acre public park
• Adrienne Arsht Center for the Performing Arts
• Wynwood Walls – street murals by world-class artists
• Marlins Park – home of the Miami Marlins
• Port of Miami – cruise ships
• Miami Beach and Key Biscayne beaches
• Numerous restaurants
• Popular art and science museums 

Arquitectonica, one of Miami’s most well-respected architectural firms, is designing the property. The individual condos will each have private balconies and floor-to-ceiling sliding glass doors, offering stunning views of the ocean, Biscayne Bay and the Miami skyline.

The condos will feature Smart Building wiring and will come fully furnished and outfitted by Urban Robot, a leading interior design firm based in Miami Beach.

Kitchens will have quality appliances. And both kitchens and master baths will feature imported European-style cabinetry and tasteful imported stone countertops and backsplashes.

Condos can currently be purchased at pre-construction prices. Choose from various floor plans of studios and units with one-to-three bedrooms. Prices range from $330,900 to $1,200,900.