As Miami’s real estate industry strives to meet modern demand, a new wave of developments caters to buyers seeking flexibility without compromising on luxury.
Positioned in Miami’s bustling Midtown and art-centric Wynwood neighborhoods, The Rider Residences exemplifies a fresh approach to urban living. This property blends opulence with flexible ownership options in one of the US’s most desirable short-term rental markets.
Miami’s appeal as a winter destination, cultural hotspot, and economic hub continues to draw the attention of part-time residents and frequent travelers alike. While some may see Miami as a seasonal escape or a vibrant retreat, for others, it is a growing investment opportunity for the city’s booming short-term rental market.
A significant attraction point for domestic and international buyers is owning a property that aligns with their dynamic lifestyle needs, facilitating both personal enjoyment and income potential.
The Rider, a collaborative venture between Miami’s Rilea Group and Cipres, led by President Diego Ojeda, has emerged as a first-of-its-kind flexible ownership residence in Midtown-Wynwood. It caters to this shifting market demand, offering owners a unique dual-use arrangement that allows short-term rentals without restrictions.
This approach aligns with today’s lifestyle preferences and opens to lucrative income opportunities. Located at the south end of Midtown and bordering Wynwood’s arts district, close to Miami’s most popular attractions, The Rider has become a wise choice as a residence and a rental investment.
The Rider offers an immersive living experience that reflects Miami’s unique character and luxury standards. Each residence is designed as a turn-key luxury condominium, blending contemporary style with carefully selected amenities. Owners and guests can enjoy open living spaces, gourmet kitchens featuring Italian Bertazonni appliances, and spa-inspired bathrooms with premium Porcelanosa fixtures.
Residences include state-of-the-art technology, from keyless entry to smart home integration, floor-to-ceiling glass balconies, and impact-resistant aesthetics with functionality; the amenities extend beyond the individual homes, creating a lifestyle that echoes Miami’s eclectic energy. From a rooftop pool and a wellness center equipped with infrared saunas, cold plunges, and a hammam to an acoustically optimized hi-fi listening room, The Rider provides an upscale environment that suits diverse tastes.
Unique amenities such as a rentable “toy box” with Harley Davidson motorcycles, Vespas, e-bikes, a café, a restaurant, and even a speakeasy complete the property’s curated experience. The ambiance is heightened by artwork from famed 1970s photography collections by Morrison Hotel Gallery, Iconic Images, and artist Marco Grassi, blending Miami’s artistic heritage with timeless Hollywood glamor.
The demand for short-term rental properties has seen impressive growth in Miami, especially in the wake of the pandemic. According to Oxford Economics, South Florida has recorded over 58.9 million overnight visitors spending $13.8 billion in vacation rentals in recent years. With Miami ranking among the top 10 markets in the US for short-term rental daily rates, The Rider is poised to capitalize on this trend.
Owners can manage rentals through platforms like Airbnb, VRBO, and Booking.com or opt for The Rider’s in-house rental management service. This flexibility ensures that The Rider remains a versatile investment option in Miami’s real estate scene.
The area surrounding The Rider is equally appealing, with notable developments signaling ongoing growth and desirability. Midtown’s forthcoming Brightline station will increase connectivity across Miami.
At the same time, the proximity to upscale retail spaces like Whole Foods and Miami’s vibrant calendar of events contribute to the area’s property value and lifestyle appeal. The city’s recent influx of high-income earners, many relocating from states with higher tax rates, has further fueled the demand for luxury accommodations in this neighborhood.
Combining convenience with luxury, The Rider Residences exemplify the future of flexible ownership in Miami’s real estate market. Its unrestricted rental policy, premium amenities, and ideal location make it a competitive option for today’s discerning buyers seeking lifestyle freedom and investment potential.
Interested buyers can visit The Rider’s sales gallery at 89 NE 27th St., Miami, or call +1 786 840 8493. More information is available on Instagram @THERIDERRESIDENCES or Cervera Real Estate’s website, which exclusively manages sales for The Rider Residences.
