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Ora by Casa Tua - FAQ

Ora by Casa Tua

below you will find our most common Q & A about the Ora by Casa Tua project

Project Name: Ora by Casa Tua Address: 1210 Brickell Ave, FL 33131 🔺 When are contracts issued? Not at the time of purchase. 🔺 Do I have a rescission period and what is it (aka refund protection period)? Yes, it is 15 days from the moment the buyer signs the contract. This is required by FL law, Statute Chapter 718. 🔺 Starting prices: $990K USD up to $4.35 Million USD, from studios to 4-bedroom (not including penthouses). 🔺 Retail spaces: Will be for sale and/or lease. 🔺 Deposit Structure: 1st Deposit 10% due with contract signing. 2nd Deposit 10% due 90 days after contract signing.
3rd Deposit 10% due at groundbreaking (Q1 2027).
4th Deposit 10% due 90 days after groundbreaking.
Final Payment 60% due at closing (2030). 🔺 How many buildings are in the project? 1 tower. 🔺 Will the deposits be held by the developer in an interest or non-interest-bearing escrow account? Non-interest. 🔺 Who is the Escrow and Title Agent? First American Title. 🔺 May I purchase the unit under a corporate name or trust? Yes (any of them) — articles and operating agreement required. 🔺 What is the policy regarding rentals? 3-night minimum, no blackout dates. 🔺 Are pets allowed? Yes. 🔺 How many stories/floors will each building have? 77. 🔺 How many units will each building have? 533. 🔺 What will the monthly maintenance fee be per sq. ft.? $1.99/ft. 🔺 What amenities will the building have? See brochure. 🔺 When do you expect construction to start on the project? Q1 2027. 🔺 When do you expect construction to be completed? 2030. 🔺 Who is the developer? Fortune International Group. 🔺 Who is the architect? Arquitectonica. Interior design by M2Atelier. 🔺 Who will manage the property? Casa Tua F&B will manage the restaurants and Casa Tua Hospitality will manage the short-term rentals. The HOA management company is still to be decided. 🔺 What other civic and cultural developments are taking place in the neighborhood? Many — see brochure.

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ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THIS BROCHURE AND TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE. These materials are not intended to be an offer to sell, or solicitation to buy a unit in the condominium. Such an offering shall only be made pursuant to the prospectus (offering circular) for the condominium, and no statements should be relied upon unless made in the jurisdiction where such offering would be lawful. This offering is made only by the prospectus for the condominium, and any statements should be disregarded where it would be unlawful. This offering is made only by the prospectus for the condominium and no statement should be relied upon if not made in the prospectus. No real estate broker or salesperson is authorized to make any representations or other statements regarding this project, and no agreements with, deposits paid to or other arrangements made with any real estate broker are or shall be binding on the Developer. Equal Housing Opportunity. THE COMPLETE OFFERING TERMS ARE IN A CPS-12 APPLICATION AVAILABLE FROM THE OFFEROR. FILE NO. CP23-0069. WARNING: THE CALIFORNIA DEPARTMENT OF REAL ESTATE HAS NOT INSPECTED, EXAMINED, OR QUALIFIED THIS OFFERING. THIS ADVERTISEMENT IS A SOLICITATION FOR THE SALE OF REAL ESTATE CONDO UNITS IN ORA BY CASA TUA, A BRICKELL LUXURY CONDO LOCATED IN MIAMI FLORIDA