Miami’s newest residential project ties affordability to wellness—but units start at $400,000
TT
Taylor Thatcher
housing inventory shortage · Apr 17, 2026
Source: DojiDoji Data Terminal
First-time buyers seeking affordable entry into Brickell will face a minimum price threshold of $400,000 for a new unit emphasizing wellness and convenience. That is the starting point for Parkside Residences, an 187-unit development now under construction at 1741 SW 2nd Avenue, marking BI Group USA’s debut U.S. project. The eight-story building, expected to be completed by 2027 or the second quarter of 2028, is positioned as a wellness-focused residential offering in the western portion of Brickell, where housing inventory continues to expand near the neighborhood’s commercial core.
Amenities include a rooftop pool deck and lounge with views of Brickell, a Technogym-equipped fitness center, cycling studio, yoga and mindfulness spaces, a spa and wellness circuit with hot and cold plunge pools, coworking lounges, EV charging, and pet-friendly features. The project reflects a broader shift in Miami’s urban residential market, where developers now treat amenities not as extras but as central to buyer decision-making. Architecture by Kobi Karp emphasizes natural light and environmental connection through expansive balconies and integrated greenery, while interiors by 2ID Interiors feature modern finishes, furnished layouts, and enlarged windows.
Construction is being led by Winmar Construction, with a groundbreaking ceremony recently attended by company and brokerage leaders, including Olzhas Ayazbayev, CEO of BI Group USA, and Daniel de la Vega, President of ONE Sotheby’s International Realty. Ayazbayev called Parkside a statement about the future of global urban living, combining three decades of international expertise with local insight. De la Vega noted that today’s buyers weigh wellness and social experience as heavily as location. The starting price for units—low $400,000s—now defines the baseline for that vision in one of Miami’s most intensively developed neighborhoods.
housing inventory shortage
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