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Seven Broadway Residences Real Estate For RentPreconstruction

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Ytech has secured a $19.5 million predevelopment loan from Israel Discount Bank for two parcels at 41 and 75 Southwest 15th Road, dubbed 41 and 75 Broadway, in  ...more

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Natiivo Miami, 159 NE 6th St #2810, Miami, Florida 33132, image 1
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Natiivo Miami, 601 NE 1st Ave #3406, Miami, Florida 33132, image 1
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About Seven Broadway Residences

Ytech has secured a $19.5 million predevelopment loan from Israel Discount Bank for two parcels at 41 and 75 Southwest 15th Road, dubbed 41 and 75 Broadway, in Miami’s Brickell neighborhood. The combined 0.3-acre site, situated two blocks west of Brickell Avenue and across the street from Mast Capital’s Cipriani-branded luxury condo complex, is set to become home to a new ultra-luxury condominium development.

Demolition of the existing single-story multifamily building and two-story office structure, dating back to the late 1940s and 1950s, is underway. According to property records, Ytech, led by CEO Yamal Yidios, assembled the parcels between 2018 and 2020 for $8.2 million.

Details of the new project at 41 and 75 Broadway remain under wraps. However, the secured financing and demolition progress signal momentum for Ytech as it expands its luxury residential portfolio in one of Miami’s most sought-after neighborhoods.
 

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Scores

Walk Score®

Walker's Paradise. Daily errands do not require a car.

97

100

Transit Score®

Excellent Transit. Transit is convenient for most trips.

85

100

Bike Score®

Very Bikeable. Biking is convenient for most trips.

81

100

Sound Score®

Very loud.

71

100

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