Onda Residences Update 06/15/22

Developers Secure $65M to Complete Bay Harbor Islands Luxury Condo

Bank Ozk has provided a $65 million mortgage to BH Investment LLC, a joint venture between CMC Group and Morabito Properties. The developers hope to complete construction on their luxury condo project, Onda Residences, which brok ground at 1135 103rd Street in November 2021.

Onda Residences will rise 8-stories and include 41 boutique condominiums on the waterfront. Units will range from 1,809 to 5,073 square feet. Amenities will include a rooftop pool deck and lounge area; a fitness center with Technogym equipment, a yoga studio, a spa with massage treatment rooms, changing facilities, and steam bath and sauna rooms.

Onda Residences

 

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