801 S Miami Ave · 50 stories · Built 2018 · 30-day minimum lease · Brickell's most exclusive luxury condo with hospitality-grade amenities.
Investment thesis
Three reasons SLS Lux attracts ultra-high-net-worth tenants and 1031 buyers.
Built 2018 by sbe + Related Group. Resident access to SLS Hotel's Michelin restaurants (Hyde, Fi'lia), spa, and pool deck. The brand attracts $10k+/month tenants.
30-day minimum means no Airbnb hassle. Targets 3-6 month corporate executives, 1031 investors, and seasonal tenants — premium rates with low turnover.
2018 build with smart-home integration, impact glass, and resort-grade gym. Lower maintenance, higher resale, and appeals to buyers who don't want pre-2010 buildings.
Cost & rules
Real values from 72 Miami Realtors MLS listings, May 2026.
1 units to consider
Selected from BlueBay's active inventory and closed comparables. Click Run Analysis for full breakeven scenarios.
SLS Lux market data — monthly rental focused
SLS Lux is a 30-day minimum building. Monthly rental ADR translates differently than STR — $5k-$8k/mo for furnished 1BR, $8k-$15k/mo for 2BR.
Source: Miami Realtors rental comps · SLS Lux Brickell · May 2026. Monthly leases attract corporate, 1031, and seasonal investors.
ROI projections
Cap rate based on real performance + accurate HOA. Cash-on-cash returns vary with financing structure.
| Unit type | Price | STR rev | HOA/yr | NOI | Cap rate |
|---|---|---|---|---|---|
| 1BR · standard | $640k | $72k | $16.8k | $24k | 3.8% |
| 2BR · standard | $1.04M | $120k | $22.5k | $48k | 4.6% |
| 3BR · large | $1.39M | $165k | $27.4k | $70k | 5.0% |
Buy + run · one team
SLS Lux enforces a 30-day minimum lease — so we don't run STR here. Property Management Brickell LLC (BlueBay's sister entity) handles mid-term and corporate rentals: 30+ day listings, executive guests, furniture packages, monthly P&L.
Multi-channel listings (Airbnb 30+, Furnished Finder, corporate housing platforms) with dynamic pricing tuned to school-year, sports, and Art Basel demand cycles.
Guest screening, contracts, check-in coordination, cleaning between stays, maintenance triage. Single point of contact for every issue.
Monthly P&L statement, occupancy & ADR vs. comp set, tax-ready ledgers (Florida sales/tourist tax filed on your behalf where applicable).
Management fee is % of revenue, not a fixed retainer. We earn more when your home performs better — same numbers Steve hits on the units in his own portfolio.
Property Management Brickell LLC · Florida licensed · Working alongside BlueBay Brokers. Pricing and scope discussed during your strategy call.
Lead magnet · 24h delivery
Fill the form. Steve sends back a personalized 12-month STR projection with comparables, scenarios, and seller financing options — within 24 hours, no obligation.
What you get: 4-page PDF · MLS data · AirDNA benchmarks · Steve's actual P&L from managed units.
15-minute strategy call with Steve to walk through unit options, financing structure, and target ROI.