Construction Update for Bentley Residences Sunny Isles Beach

A major development in the Bentley Residences Sunny Isles Beach project has been achieved. The project has secured a critical agreement for connecting to the county's water and sewer utilities, as recorded on December 11. This progress is a significant indicator of the project's forward momentum.

Bentley Residences is set to offer 216 high-end residential units, promising a blend of luxury and exclusivity. An attractive feature for investors is the minimal utility connection charge of only $47,376, significantly reduced due to a credit for 180 former hotel rooms on the site. This reflects a smart cost-saving approach in the project’s development.

Spearheaded by acclaimed developer Gil Dezer, the project is gearing up for a groundbreaking event which would mark the commencement of construction. The anticipated completion date is set for 2026, offering a strategic investment timeline.

As of November, the project is already 40% pre-sold, indicating a robust market response and high investor confidence. The sale rate of four to six contracts per month, highlights the strong and consistent interest in the project.

Bentley Residences' strategic Sunny Isles Beach location, coupled with luxurious features and a strong pre-sale performance, positions it as a potentially lucrative investment with a promising return.