# The Cloud One Hotel & Residences: prices and deposits

> Source: https://bluebaybrokers.com/buildings/cloud-one-wynwood
> Publisher: BlueBay Brokers LLC, 1541 Brickell Ave #1201, Miami FL 33129 (Florida broker BK3411036)
> Figures read on: 2026-10-30
> Plain-text copy of the page above for AI assistants and readers. Quote with attribution to BlueBay Brokers; each figure carries its own source and read date. Nothing here certifies that a short-term rental is legal at any address.

## The bet

The Cloud One is 85 residences on the top three floors of an eight-storey Wynwood building whose lower floors are a 214-room Cloud One hotel, Motel One's upscale brand, and the number that decides it is $1,079 a foot: the ask on its one MLS listing with an area, a little under the $1,105 and $1,136 that the only two new condos nearby closed at this year.

## Absorption and timing

How many homes close each year in this building's price band and postcode, against how many it is about to deliver. No brochure answers this, and it governs both the resale and the developer's willingness to discount.

Units delivering 85 all at once, to the same buyer pool

Closings per year 113 trailing 12 months, 33127, same band

Years of supply 0.8 this building alone

Band closes at $449/sf median of real closings, not asks

| Band, 33127 | Closed / 12 mo | Median price | Median $/sf |
|---|---|---|---|
| $450K – $800K | 83 | $600,000 | $449 |
| $800K – $2M | 30 | $950,000 | $667 |

**A postcode of houses**

33127 closed 113 homes between $450,000 and $2 million in the last twelve months, so 85 residences are under a year of that flow. But 111 of them were houses and townhouses; the band medians are $449 and $667 a foot. Only two condos closed, both new deliveries in August: The Standard Residences in Midtown and Nomad Wynwood. There is no condo resale market here yet; The Cloud One would help found one. The postcode holds 13.3 months of supply.

## The market it lands in

Everything for sale in 33127 today against everything that actually sold there this past year. This is the pool your resale competes in.

Active inventory 169 homes listed across 33127

Sold, trailing year 153 recorded closings, every price

Months of supply 13.3 under 6 favours sellers, over 12 favours buyers

Asking vs sold $902/sf asked, against $449/sf actually paid

How to read the gap

Asking is an opinion, sold is a fact, and months of supply is your leverage. Do not compare this building to the postcode median, which mixes in stock built decades ago: the comparison that counts is the band below.

## What recent deliveries resell for

The only read-across that means anything here: condominiums in 33127 built from 2023 onward, people who bought new and took delivery, and what their units resell for now.

New stock resells at —/sf withheld, 2 resales this year

Movement since — across recently delivered buildings

This building asks $1,079/sf entry residences

Entry vs new stock — below zero means you buy new under resale

| Year of resale | Closings | Median $/sf |
|---|---|---|
| 2026 | 2 | withheld, 2 sales |

Why a year can show no figure

Under 5 transactions a median is noise, so it is withheld. Recently delivered buildings are thin by nature, which is itself worth knowing before counting on a quick resale.

## The basis

What it asks per foot against what its band actually closes at. Comparing one preconstruction ask to another tells you nothing: both are price lists.

Asking

$1,079/sf

From $515,900 (MLS, 478 sf) · launched in the high $500Ks · top of the list not published · 450 – 2,200 sf

Band closes at $449/sf $450K – $800K, trailing 12 months

Listed here today 2 median $1,079/sf

**Slightly under the new Wynwood condos**

Two listings are on the MLS: #612 at $515,900 for 478 sf, $1,079 a foot, and #621 at $690,000 with no area stated. The developer launched in the high $500,000s in June 2025 and has not published the top of the list; the plans run from 450 to more than 2,200 sf, including 15 duplex penthouses with ceilings to 22 feet. Nomad Wynwood #502 closed at $705,000 for 638 sf ($1,105) and The Standard #213 at $525,000 for 462 sf ($1,136). The Cloud One asks 2 to 5% less, with a hotel downstairs.

## On the MLS today

2 listings at this address are Active right now, pulled 2026-10-30. Leases are excluded: a monthly rent sitting in the price column wrecks any comparison. This is what a buyer can actually transact on today, as opposed to what a price list says.

| Unit | Bd/Ba | Interior | Asking | $/sf | HOA / mo | Days |
|---|---|---|---|---|---|---|
| [612](https://bluebaybrokers.com/listing?mls=A11967931) | 0/1 | 478 sf | $515,900 | $1,079 | $985 | 196 |
| [621](https://bluebaybrokers.com/listing?mls=A11967925) | 1/1 | — | $690,000 | — | $915 | 197 |

How to read this table

On new construction the MLS area is routinely the total rather than the interior, and it runs larger than the County's recorded figure, by 10 to 30 percent on the units already tested in this pipeline. Treat the $/sf column as the seller's own arithmetic and re-divide by the recorded area before comparing it with anything delivered.

## Photographs

The 14 photographs carried on MLS listing A11967925 at this address. On a building still under construction these are the developer's renders and the sales-gallery material, not the finished product.

**Photographs** © SEFMLS, displayed from the MLS under the same licence that permits display of the listing itself. Renders are the developer's own and are subject to change.

## What the deposit costs to hold

A preconstruction deposit is committed years before you hold a deed, earning nothing. That carry is a real cost of the trade and it is never in the pitch. Modelled on $515,900 at 4.5% simple, 20 months to delivery.

| Milestone | % | Payment | Committed | Held | Carry |
|---|---|---|---|---|---|
| At contract (assumed standard) | 10% | $51,590 | $51,590 | 20 mo | −$3,869 |
| 90 days after contract | 10% | $51,590 | $103,180 | 17 mo | −$3,289 |
| At top-off | 10% | $51,590 | $154,770 | 8 mo | −$1,548 |
| At closing (2028) | 70% | $361,130 | $515,900 | 0 mo | −$0 |
| Committed before closing |  |  | $515,900 |  | −$8,706 |

Why this line matters more than the yield

Nothing is rented and nothing is owned meanwhile, so the whole return has to come from the gap between contract price and the market at delivery. That carry, about $8,706, is the hurdle before you break even, and deposits are generally non-refundable, so a delivery that slips extends it without your consent.

## Carry at delivery

What it costs to own before any income, on the smallest residence of 478 sf.

| HOA, not published by the developer | — |
|---|---|
| Property tax at 2.02% of $515,900 | −$10,421 |
| Insurance (HO-6), $3.60/sf | −$1,721 |
| Annual carry, before any income | −$12,142 |

**What to get before you sign**

No construction loan has been reported and no groundbreaking dated; the brand gives a 2028 opening. The carry above assumes the Miami standard 10/10/10/70 because no schedule is published. Dues are high: $985 a month on #612, $2.06 a foot, and $915 on #621. The broker inventory sheet markets a 30-day minimum, which fits a residence over a hotel that sells the nights itself. Get the schedule, the lender and the rental clause in writing.

## Delivery risk

| Construction financing | No construction loan reported as of October 2026. |
|---|---|
| Presold | Not disclosed |
| Delivery | 2028 opening, per the brand (Hospitality Net). South Florida Agent Magazine reported late 2027 in June 2025, with groundbreaking planned for late 2025, not yet confirmed by a dated source. |
| Developer | Whale & Star Wynwood Owner LLC, a venture of Motel One Group (parent of The Cloud One Hotels), Ralf Büschl's Büschl Group and Sebastian Lüdke's ALP.X Group, which bought the site for $24 million in 2023. Development manager Fortis Design + Build. |
| Rental policy | Marketed as monthly rental, 30-day minimum (broker inventory sheet, read 5 October 2026) |

## Recommendation

BlueBay Brokers · The Cloud One Hotel & Residences

### A small-format Wynwood buy, priced fairly

The Cloud One brings Motel One's upscale hotel brand as the operator downstairs, HWKN architecture, a rooftop pool and bar, and an entry price near $516,000 that sits a little under what new Wynwood condos close at.

It is a monthly-rental product, not a nightly one, in a postcode with no condo resale market. Buy the small plans at or under $1,080 a foot, after the construction loan, and budget dues above $2 a foot.

## Want the rest of it?

I am Steve Gabison, a Florida broker, licence BK3411036. I wrote this page. New developments are Carolina Peña's desk at BlueBay Brokers, broker, licence BK3288753: she will send you what is behind it, in English or Spanish.

#### The full file

This page is the public read. The file adds the unit-level price list and what is actually left, the developer's land basis and what it says about room on price, the recorded rental language, and a rental underwriting on the specific line you are looking at. No charge.

#### On the purchase

Developers in this pipeline pay a cooperating broker, so having me represent you costs nothing on top of the price. I negotiate the deposit schedule, the credits and the co-broke, with the recorded comps to argue from.

#### After delivery

This building is monthly, not nightly, so Property Management Brickell LLC would run it as mid-term. Different rate, different occupancy, and I will show you that pro forma rather than a nightly one.

## Read next

- [Frida Kahlo Wynwood Residences, Wynwood, Delivering Q2/Q3 2028](https://bluebaybrokers.com/buildings/frida-kahlo-wynwood)
- [NoMad Residences Wynwood, Wynwood, Delivered May 2026](https://bluebaybrokers.com/buildings/nomad-wynwood)
- [TwentySixth&2nd Wynwood, Wynwood, Delivering Q2 2028](https://bluebaybrokers.com/buildings/twentysixth-2nd)
- [All the new-development studies](https://bluebaybrokers.com/new-developments)
- [Developer price vs resale on six delivered Miami condos](https://bluebaybrokers.com/developer-price-vs-resale-miami)
- [What a preconstruction deposit costs to hold](https://bluebaybrokers.com/preconstruction-deposit-carry-miami)
- [Buying preconstruction in Miami as a foreign buyer](https://bluebaybrokers.com/buy-preconstruction-miami-foreign-buyer)

## Sources

- [Florida YIMBY, The Cloud One Hotel & Residences planned for 2215 NW 1st Pl. (Jun 2025)](https://floridayimby.com/2025/06/the-cloud-one-hotel-residences-planned-for-2215-nw-1st-pl-miami-fl-33127.html)
- [South Florida Agent Magazine, Cloud One Hotel & Residences Wynwood begins sales (Jun 2025)](https://southfloridaagentmagazine.com/2025/06/25/cloud-one-wynwood/)
- [Hospitality Net, The Cloud One planning for 2028 opening in Miami](https://www.hospitalitynet.org/announcement/41014970/german-leading-lifestyle-brand-the-cloud-one-planning-for-2028-opening-in-miami)
- [The Cloud One Hotels press release via ANSA (Mar 2026)](https://www.ansa.it/pressrelease/english/2026/03/24/the-cloud-one-hotels-expands-in-the-united-states-new-miami_dd710cc5-cce6-4494-b459-93dfe7ba354c.html)

**Method, licence and disclaimers**

**Absorption and closed prices** © 2026 Miami Association of Realtors / SEFMLS via Bridge Data Output, pulled 2026-10-30. Deemed reliable, not guaranteed.

**Developer data.** Unit counts, sizes, pricing and delivery dates are the developer's own and are not verified by BlueBay Brokers LLC, which does not represent the developers named here and receives no compensation from them.

**Not investment advice.** A scenario built from stated assumptions. Deposit carry uses simple interest and ignores tax. The recorded condominium documents govern every legal question raised here. Consult your own tax and legal advisers.

**Rental policy** as published by the developer and routinely amended before closing.