Residences at The Alley Miami are priced from the low $400,000s, with average values of $800–$1,000 per sq ft.

This positions it as one of the most affordable preconstruction condo projects in Miami, especially compared to luxury towers in Brickell or Miami Beach.

For buyers and investors, The Alley delivers modern living at a fraction of the cost, while still being located in one of the city’s fastest-growing neighborhoods.

Completion is projected for 2026, at 183 NE 78th Street, in the Little River / Upper Eastside corridor, just 5 minutes from the Miami Design District, 10 minutes from Wynwood, and 15 minutes from Miami Beach.

The area is quickly emerging as a cultural and residential hotspot, attracting both end-users and investors.

The development includes studios, 1-bedroom, and 2-bedroom condos, ranging from 450 to 1,000 sq ft.

With efficient floor plans, private balconies, and contemporary interiors, these units are perfect for first-time buyers, young professionals, or investors targeting Miami’s short-term rental market.

Yes — The Alley is Airbnb-approved and short-term rental friendly, with flexible rental policies that allow owners to maximize income potential.

Unlike traditional condos that restrict rentals, The Alley embraces vacation rental platforms like Airbnb and VRBO, making it one of the best new STR investment properties in Miami.

Amenities include a rooftop pool deck with city views, fitness center, coworking spaces, and resident lounge, designed to appeal to both residents and guests.

HOA fees are projected at $0.80–$1.00 per sq ft, making them lower than most nearby new construction condos and offering an attractive ROI for investors.

The Alley offers a rare combination of affordability, Airbnb approval, and prime location.

While Midtown and Edgewater condos start at much higher price points, The Alley gives buyers access to Miami Design District, Wynwood, and Little River at a lower entry price.

With the area’s redevelopment boom, rising rental demand, and cultural appeal, investors can expect strong appreciation and steady short-term rental income.