Episode 30: Diesel Wynwood

In Episode 30, Lucas heads to his favorite Miami neighborhood, Wynwood, to check out a hot preconstruction condo development called Diesel Wynwood. There, he meets up with in-house sales executives Sarah Desamours and Tyler Anderson to discuss what makes Diesel Wynwood such an exciting option for preconstruction buyers. Project Overview: The Diesel Wynwood condominium project aims to address the lack of housing options in the Wynwood area. It offers a range of units from studios to three-bedroom apartments, including penthouses. The project is notable for its high elevation in Miami, being 22 feet above sea level. Parking and Privacy: The development includes 250 underground parking spaces, designed with lifts to mitigate flooding risks. The parking is exclusively for residents, ensuring privacy and security. Unit Sizes and Features: The smallest unit is a 405 square feet studio, and the largest is a 3500 square feet three-bedroom penthouse. All units, including studios, have balconies. The penthouses feature private rooftop terraces with options for a full-size kitchen, Jacuzzi, or plunge pool. Neighborhood Appeal: Wynwood is highlighted as an attractive neighborhood, but it has historically lacked sufficient housing, particularly condominiums. Diesel Wynwood aims to fill this gap. Extended Stay Market: The project targets the extended stay market by allowing 30-day rentals up to 12 times a year, catering to people needing temporary, luxurious accommodation in Miami. Design and Customization: The units feature high-quality finishes, including Scavolini kitchens with custom Iris tiling. Buyers have various customization options for their units, including different textures and finishes. Amenities: The development offers extensive amenities, including a Technogym, a wine cellar, a spa with unique features like a snow room, and a rooftop pool. The HOA fee is $1.40 per square foot, covering building insurance and reserves. Pricing and Sales: The starting price for studios is around $479,000. The deposit structure for purchasing is favorable, with an initial 5% down payment and subsequent payments spread out over the construction timeline. Construction Timeline: The expected completion is in the first quarter of 2026, with a possibility of extending to 2027. The project is currently in its fourth phase of construction. Additional Features: The building design includes soundproofing and extra layers on impact windows for tranquility. The interior courtyard will feature natural plants and landscaping, enhancing the connection with nature.