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US: Hospitality management company AvantStay has partnered with developers Fortune International Group and Blue Road to operate the 16-storey Nexo Residences.
Nexo Residences, opening in Q3 2026 in North Miami Beach, will feature 254 residences ranging from studios to three-bedroom apartments, along with a limited collection of three and four-bedroom townhomes.
The tower residences are available for short-term, seasonal, and long-term rentals, while the townhome residences offer seasonal and long-term rentals with a three month minimum stay.
The residences are available to buy and are designed as a home-sharing product through platforms such as Airbnb.
AvantStay will be the preferred manager for short-term rental operations of the studios to three-bedroom units, with an on-site hospitality team managing guest services, housekeeping and day-to-day operations on behalf of owners.
Amenities include a three-storey arrival lobby, a pool and jacuzzi, outdoor kitchens, children’s playground, outdoor movie theatre, private event area, multi-purpose club room, fitness centre with yoga studio, rooftop observatory deck, and a two-storey coworking hub.
Sean Breuner, co-founder and CEO of AvantStay, said: “Nexo Residences reflects where we see the future of hospitality heading. As we expand AvantStay’s portfolio, we’re focused on partners, destinations and properties that are purpose-built for flexibility, where guests can move seamlessly between living, working and traveling. South Florida is a natural fit for that vision and an important market for our continued growth.”
Edgardo Defortuna, CEO of Fortune International Group, added: “Selecting the right management partner was critical to shaping our vision for Nexo. AvantStay brings deep expertise in both short-term rentals and hospitality, along with the operational infrastructure to deliver a world-class experience. Together, we are bringing together hospitality, coworking and residential living, positioning Nexo as a leading offering in North Miami Beach.”
Highlights:
- AvantStay has partnered with Fortune International Group and Blue Road to operate Nexo Residences.
- Opening in Q3 2026, Nexo Residences will comprise 254 residences including studios, three-bedroom apartments and a limited collection of townhomes.
- AvantStay will oversee the short-term rental operations of the tower residences at Nexo.
- Located in North Miami Beach, the 16-storey mixed-use residential and hospitality development will support short-term, seasonal and long-term rental accommodation stays.
- Amenities at Nexo Residences include a rooftop observatory deck, coworking hub, pool, fitness centre, yoga studio and outdoor entertainment facilities.
