Question 1

What are the reservation deposit amounts?

Accepted Answer

Reservation deposits are $35,000 for one-bedroom residences and $50,000 for two-bedroom residences.

Question 2

What is the contract deposit structure?

Accepted Answer

Contract deposits are structured as 20% at contract, 10% at groundbreaking, 10% 90 days later or at amenity level (whichever comes first), 10% at top-off, and the balance at closing.

Question 3

Are the residences furnished?

Accepted Answer

The residences are described as fully finished, perfectly furnished, and ready-to-live (pret-a-vivre).

Question 4

How many floors and residences are planned?

Accepted Answer

The project includes 180 residences across 25 floors.

Question 5

Does the building offer rental flexibility?

Accepted Answer

The project includes language allowing the option to use flexible rental platforms or a fully managed rental program. Request the latest condo document details for current rules.

ELLE Residences Miami Frequently Asked Questions

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