3162 Commodore Plaza, Coconut Grove, FL
3162 Commodore Plaza, Coconut Grove, FL
For Sale
For Rent
For Sale
For Rent
THE WAY TO LIVE WORK WELL URBIN is designed to address the needs of today’s residents, fostering creativity and connection through design-forward residences, an amenity program focused on wellness, and social programming that fosters community. THE OWNERSHIP PROGRAM The leaseback agreement equates to a 7% annual triple net return based on the purchase price. • Initial leaseback term of five years, 5 year option to renew at developer option. • Owner retains right to use their unit for up to 90 nights per year. • For every 30 days of use the return drops by 1% for that year. • Staff services and maintains units avoiding the need for self-management. • Instant access to socially curated events (happy hours, movie nights) and priority access to public amenities. • Residences are a part of a managed extended stay rental program when not in use by the owner. 1. I If Client uses unit 0 Days, Net Leaseback program is 7% 2. If Client uses unit from 1-30 Days, Net Leaseback program goes down to 6% 3. If Client uses unit from 31- 60 Days, Net Leaseback program goes from to 5% 4. If Client uses unit from 61-90 Days, Net Leaseback program goes from to 4%
Aron Sultan Levy
aron@aronsultan.com
Get exclusive availability, pricing, and floor plans for URBIN. Schedule a private showing today.
Key averages for these properties
Avg List Price
—
Avg List Price / Sq Ft
—
Avg Sale Price
$1,300,000*
*past 6 months
Avg Sale Price / Sq Ft
$505*
*past 6 months
205*
Avg Days on Market
*past six months
Number of sold properties by month
No listings found
Location Ventures
ARQUITECTONICA, PAREDES ARCHITECTURE
A.M. STUDIO
50% of purchase price required at contract/ optional any amount above 50%
7% Interest on Deposits during construction – Credited at closing from balance owed.
Calculate your monthly mortgage payments
Your estimated payment: $3,172/month
Powered by Panda IDX · *Data used for estimated monthly cost is provided for informational purposes only. Actual rates may vary based on credit score, location, and lender. Interest rates as of March 2026.