14th Street Miami Developers LLC has announced that 14 ROC, a 32-story luxury condominium in Downtown Miami, will convert to contract at 20% sold with sales led by Miami-based Cervera Real Estate. This significant milestone follows the development's successful launch in July 2024, reflecting exceptional buyer demand and growing interest in flexible short-term rental properties in Miami's urban core.
Offering a variety of residences from studios to two-bedroom units, 14 ROC presents 283 units with modern, open-concept layouts, high ceilings, private balconies, and stunning city views. Prices begin at $495,000, providing an accessible opportunity for luxury living in one of Miami’s most desirable areas. The project is expected to be delivered in 2027.
"Converting reservations to contracts represents a pivotal achievement in 14 ROC's development journey," said Russell Galbut, Founder and Chairman of GFO Investments. "This milestone demonstrates the strong demand for luxury residences in Downtown Miami and underscores buyers' confidence in the community's long-term value and investment potential."
"14 ROC has struck a chord with today's sophisticated buyers," said Alicia Cervera Lamadrid, Managing Partner and Principal of Cervera Real Estate. "Reaching 20% sold this early in the sales process validates the project's exceptional appeal and confirms the strong demand for luxury properties with flexible ownership options. Buyers are particularly drawn to 14 ROC's central location and connectivity to Miami's most coveted cultural and lifestyle destinations."
Located at 125 NE 14th Street, 14 ROC is situated in the heart of Miami’s upcoming Arts & Entertainment District, offering easy access to cultural landmarks such as the Adrienne Arsht Performing Arts Center, Pérez Art Museum, and the future 33-acre Underdeck Park. Buyers at 14 ROC will be granted a “front row seat view” to the upcoming Signature Bridge and direct access to the Underdeck, which will be completed at the same time as the building. Designed by RSP Architects with interiors by the acclaimed March and White Design (MAWD), 14 ROC blends cutting-edge architecture with a commitment to sophisticated, modern living.
The development will feature more than 25,000 square feet of amenity space across three levels. Residents will enjoy a rooftop pool with panoramic views of Biscayne Bay and the Miami skyline, a coworking lounge, private meeting rooms, a state-of-the-art fitness center, yoga and wellness spaces, and entertainment areas such as a karaoke room, theater, and game lounge. The condominium is also pioneering the trend of media-centric amenities, offering a fully equipped podcast studio for residents, demonstrating its commitment to the modern world and attracting younger buyers. The community-oriented design aims to provide a true sense of belonging while offering world-class luxury and convenience.
14 ROC offers owners unprecedented flexibility with short-term rentals, allowing independent management without blackout dates or restrictions. Owners can also opt for professional management services available at the property to ensure quality maintenance and guest satisfaction. This model meets the growing demand from modern travelers for privacy, exclusivity, and luxury amenities, attracting affluent visitors and strengthening Miami's appeal as an international destination. The short-term rental units also at 14 ROC directly contribute to Miami's economic growth by boosting local business revenue and generating significant tax income to support city infrastructure and community projects.
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