Sep 4, 2025
Newgard Unveils Revault: Luxury Car Condo Project Coming to Little River
Traded Editorial
Key Points
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$8.15M total land acquisition (~1.2 acres) for the Revault Miami project
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16 upscale car‑condo units, each climate‑controlled with concierge and 22‑ft ceilings capable of housing up to nine cars
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Amenities include an indoor four‑court padel club, sauna, steam rooms, members’ lounge, event space, fitness, and more—groundbreaking slated for Q2 2026Intro
Newgard Development Group is steering into a bold new direction with Revault Miami—a first-of-its-kind luxury automotive lifestyle development anchored in Miami’s Little River neighborhood. Expect a blend of high-end collector garage units and top-tier amenities that go beyond storage.
Development & Land Deals
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Newgard’s affiliate Little River Garages Development LLC purchased five contiguous parcels totaling 46,642 sq ft for $7M and an adjacent 7,911-sq-ft parcel for $1.15M, bringing the total acquisition to $8.15M.
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Financing came via a $5.3M mortgage from Belmont Bank and Trust.
Design & Features
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Revault Miami will consist of 16 private, customizable car-condo units featuring climate control, concierge services, and 22-foot ceilings—ideal for multi-car stacking (up to 9 vehicles per unit, ~2,000 sq ft average).
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A second-floor amenity hub will include a four-court indoor padel club (with lounge, café, sauna, steam rooms), plus a members’ lounge, event space, and fitness area.
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Urban Robot Associates leads architecture and interior design.
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Groundbreaking is expected in Q2 2026, with construction likely completing around mid-2027 if typical timelines hold.
Strategic Context & Location
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CEO Harvey Hernandez emphasizes Revault isn’t just storage—it’s a lifestyle community for collectors and enthusiasts, positioned for accessibility, character, and visibility in Little River.
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The site sits amid the Magic City Innovation District and near the Design District, Downtown Miami, and Wynwood, offering prime connectivity.
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Little River is gaining traction as an emerging development zone, offering more affordable land prices compared to Miami’s core — a key draw for developers.
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Newgard intends Revault to be its flagship concept, with plans to roll it out across Florida and the broader Sunbelt region.
Broader Trends in Miami Real Estate
Automotive-themed luxury developments are an increasingly salient trend in Miami real estate:
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Pagani Residences in North Bay Village offers bespoke garage galleries and hypercar-themed interiors.
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Bentley’s luxe tower (opening 2028) features huge in-home garages and even private car elevators.
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These projects reflect how automaker brands and lifestyle developers are converging real estate with affluent motor-enthusiast culture.
Trending: Car Condos
Revault Miami stands out as a bold blend of exclusivity, lifestyle, and automotive passion—and a fresh proposition in Miami’s evolving development scene. For investors, it taps into a growing affinity for branded, experiential assets with strong appeal to high-net-worth clientele. As a flagship, it sets the stage for a new niche in Sunbelt luxury living.