North Development Breaks Ground on 579-Unit, Short-Term Rental Domus Brickell Center Project

Key Points

• 579 fully furnished units coming to 1034 SW 2nd Ave in Brickell under the Domus FLATS model

• Developed by North Development and led by Ricardo Dunin and Juan Carlos Tassara

• Focused on short-term rental flexibility with hotel-style amenities and services

North Development officially broke ground on Domus Brickell Center, a 35-story tower bringing 579 short-term rental-ready residences to Miami’s Brickell neighborhood. Designed under the company’s Domus FLATS model, the development aims to blur the lines between luxury living and hotel-grade hospitality.

About the Project

Domus Brickell Center is the latest in a growing wave of furnished, STR-ready developments catering to both investors and modern travelers.

• Address: 1034 SW 2nd Ave, Miami, FL

• Stories: 35

• Units: 579 fully furnished

• Unit Types: Studios, 1- and 2-bedroom layouts

• Sizes: Approximately 400 to over 1,000 square feet

• Prices: From the low $500Ks to over $1.5 million

Each unit will be delivered fully furnished and turnkey, designed for hotel-style management and easy entry into the short-term rental market.

The Developers & Team

This is a joint venture between seasoned developers:

• Ricardo Dunin and Juan Carlos Tassara, co-founders of North Development, who previously delivered Domus Brickell Park, a nearby 171-unit project that sold out within months

• Architecture by MC+G Architecture

• Interiors by Urban Robot Associates

This marks the expansion of the Domus brand, which is actively being scaled as a hospitality-driven residential platform in Miami.

STR Flexibility Meets Full-Service Living

Domus Brickell Center blends STR income potential with amenities that rival boutique hotels:

• Rooftop pool and sky deck

• Café, wine bar, and artisanal market

• Co-working spaces

• 24/7 concierge and property management services

All units will be compatible with short-term rental platforms, positioning the building as an ideal product for yield-focused investors.

Why It Matters for Investors

Brickell’s strong rental demand makes this location attractive for both nightly and extended-stay rentals.

With Miami’s short-term rental market continuing to outperform, especially among luxury travelers and digital nomads, projects like this offer promising cap rate potential.

Unlike traditional condo-hotels, the Domus FLATS model maintains a residential classification, avoiding certain regulatory challenges while preserving short-term flexibility.

An Investment in Brickell

North Development’s Domus Brickell Center is more than just another tower—it’s a targeted play on the future of flexible living and investment-grade short-term rental inventory in Miami’s most in-demand neighborhood. For landlords and investors, it presents a high-conviction opportunity designed for modern market dynamics.