The project
Okan Tower is Okan Group's roughly 902-foot, 70-story mixed-use tower at 555 North Miami Avenue in Downtown Miami's Park West, designed by Behar Font & Partners. The program combines 236 furnished condo-hotel units managed by Hilton, 163 sky residences on the upper floors, a 316-key Hilton hotel, and about 64,000 square feet of Class A office space.
Construction passed the 50th floor around April 2026, roughly 75% structurally complete, and the developer's target completion is 2027 with estimates ranging into 2028. Pricing, availability, and the delivery schedule require sales-gallery confirmation.
Project snapshot
Okan Tower at a glance.
The facts below are drawn from this guide and from the developer's published materials. Where a fact is not verified, the page says so plainly rather than guessing.
- Location / County
- Downtown Miami (Park West), Miami-Dade County
- Residence types
- 236 condo-hotel units; 163 sky residences; duplex penthouses
- Status
- Under Construction
- Estimated completion
- 2027-2028 (est.)
- Published pricing
- From ~$400K (reported entry)
- Developer
- Okan Group
- Sales gallery
- 542 North Miami Avenue, Miami
- Rental restrictions
- Condo-hotel units eligible for Hilton short-term rental program
Information reviewed October 2026. Prices, availability, and completion dates change frequently. Confirm current terms with the developer or a licensed advisor.
- Developer, 70 stories and 399 residences (236 condo-hotel + 163 sky residences): Source: Official project site and Hilton release, verified October 2026
- Passed the 50th floor about April 2026; roughly 75% structurally complete: Source: Florida YIMBY and PROFILEmiami, verified October 2026
- $200M C-PACE loan January 2026; over 60% sold per January 2025 materials: Source: Official sales milestones PDF, verified October 2026
- Hilton Residences launched from $685,000, March 2025: Source: Hilton press release, verified October 2026
- Sales gallery at 542 North Miami Avenue: Source: Official project site, verified October 2026
Sources consulted for this guide
- Okan Tower official site
- Florida YIMBY, 50th floor reached, April 2026
- Hilton Stories, Hilton Residences Miami Bayfront launch, March 2025
- Official sales and construction milestones, January 2025
Source links open in a new tab and are provided for verification only. Facts carry the verification date recorded above; prices, availability, and timelines change and require sales-gallery confirmation.
Verified facts carry the source links above, each pointing to the original public source where one is available. Everything else on this page is marked Not verified or Contact for current information. This page never hosts or hotlinks external files, renderings, brochures, or floor plans; where a document exists only on the developer's site, the source link above is the reference.
At a glance
Okan Tower in Miami, in numbers.
County
Miami-Dade
City
Miami
Neighborhood
MiamiDeveloper
Okan Group
Address
555 North Miami Avenue, Miami, FL 33136
Price range
Reported from ~$400K entry; Hilton Residences from ~$685K
Starting price
~$400K (reported entry)
Residences
399 residences (236 condo-hotel + 163 sky residences)
Floors
70
Sales availability
Over 60% sold per early 2025 developer materials; confirm current availability
Est. completion
2027 (dev. target); 2027-2028 (est.)
Residence types
Condominiums, Apartments, Retail
Construction status
Under Construction
Property category
Mixed-use
Design & architecture
Architecture by Behar Font & Partners; landscape by Witkin Hults + Partners; structural engineer Thornton Tomasetti
Official website
Official project siteGallery
Renderings and interiors.
Developer renderings and interior imagery are updated as phases release. Current documents are shared privately with registered buyers.
Interior renderings on request
Floor plans on request
Pricing & availability
What Okan Tower costs today.
The advertised starting price is the developer's published entry point. Available units, real pricing bands, and incentives change as phases sell, so we confirm current terms with the sales team before you commit capital.
- Advertised starting price
- ~$400K (reported entry)
- Published price range
- Reported from ~$400K entry; Hilton Residences from ~$685K
- Available units / sales status
- Over 60% sold per early 2025 developer materials; confirm current availability
- Price by bedroom configuration
- Condo-hotel units from about $400,000; Hilton Residences launched from $685,000; sky residences reported from about $522,000; penthouses from $1.9M
- Penthouse pricing
- Contact for current information
- Deposit schedule
- Contact for current information
- Developer incentives
- Contact for current information
Current pricing sheet for Okan Tower.
Price lists, deposit schedules, and any developer incentives are shared privately with registered buyers after the sales team confirms today's numbers.
Request current pricingWhere a number is not published on this page, the row reads Contact for current information rather than guessing. Never treat an advertised starting price as the price of a specific available unit.
Architecture & residences
The building and residences at Okan Tower.
The building profile below records what this page verifies about the tower and its residences: floor counts, unit mix, dimensions, finishes, and views. Anything the page does not state is marked Not verified rather than guessed. Layouts, dimensions, and pricing change as phases sell, so current floor plan documents, view matrices, and availability are shared with registered buyers.
- Towers / floors
- 70
- Total residences
- 399 residences (236 condo-hotel + 163 sky residences)
- Residence types
- Condominiums, Apartments, Retail
- Square footage
- Condo-Hotel Residences: ~447-1,245 sq ft; Sky Residences: ~698-2,071 sq ft; Duplex Penthouses: ~1,872-2,142 sq ft
- Ceiling heights
- Not verified
- Finishes
- Not verified
- Kitchens
- Not verified
- Baths
- Not verified
- Smart-home features
- Not verified
- Parking & storage
- Not verified
- Views
- Not verified
The floor plans at Okan Tower.
Layouts, dimensions, and pricing change as phases sell. We share current floor plan documents, view matrices, and availability with registered buyers.
Condo-Hotel Residences
Studio-2 bedroom · ~447-1,245 sq ft
236 turnkey furnished units on floors 36-50, managed by Hilton and eligible for its short-term rental program; reported entry from about $400,000.
Sky Residences
1-3 bedroom · ~698-2,071 sq ft
163 residences on floors 51-70; reported starting prices from about $522,000.
Duplex Penthouses
PH bedroom · ~1,872-2,142 sq ft
Four duplex penthouses complete the residential program, from $1.9M.
Full floor plan documents, view matrices, and current availability are shared privately with registered buyers.
Request floor plansAmenities & lifestyle
The amenity program at Okan Tower.
The list below records every amenity this page verifies for the project. Where the status of an amenity is not documented on this page, confirm with the sales team whether it is planned or already operating before you rely on it.
More than 80,000 sq ft of lifestyle amenities
Resort-style pool with cabanas
Sunset roof deck
Residential spa with sauna, steam, treatment rooms and marble hammam
Fitness center
Wine cellar and lounge
Cinema and kids' room
Restaurant and cigar room
Hotel services from the Hilton hotel
Construction & completion
Where Okan Tower stands today.
Completion dates on new construction are estimates, not promises: they shift with permitting, financing, and the pace of the build. Announced milestones below are the ones this page records; anything unverified is marked plainly, and the current timeline should be confirmed with the developer before you plan around it.
- Construction status
- Under Construction
- Estimated completion
- 2027 (dev. target); 2027-2028 (est.)
- Announced milestones
- Broke ground June 2022; passed the 50th floor about April 2026 (roughly 75% structural); $200M C-PACE loan secured January 2026; topping out expected within about 20 floors as of March 2026
Estimated completion is the developer's target as recorded on this page and is not a verified delivery date. Where the timeline is not verified, current scheduling requires confirmation with the project's sales team.
Location & neighborhood
Where Okan Tower sits.
Address, neighborhood position, and nearby attractions below are recorded from this page's own project notes. Drive times, walk scores, and ratings are never invented on this site; where they are not documented here, the community guide is the best next step.
- Street address
- 555 North Miami Avenue, Miami, FL 33136
- City
- Miami
- County
- Miami-Dade
- Neighborhood
- Miami
- Position & nearby
- 555 North Miami Avenue at the corner of NE 6th Street in Park West, Downtown Miami, with about 64,000 sq ft of Class A office above a 316-key Hilton hotel
- Transport notes
- Not stated on this page
Community guide
Miami
Explore Miami living, dining, and market context in the full community guide.
Explore the areaOwnership considerations
What to know before you commit.
General guidance for new construction buyers. Building-specific details are marked "Not verified" where they have not been confirmed for this project.
- Short-term rental policy
- Not verified on this page; rental rules are confirmed in the governing documents before you commit
- Minimum rental period
- Not verified
- Leasing / owner-occupancy rules
- Not verified; confirm current leasing and occupancy terms with the sales team
- HOA / condo fees
- Not published on this page; request the current budget before you commit
- Financing notes
- Not verified on this page; the deposit schedule above records the financing model this page states for the project, and loan terms are confirmed before contract
Closing costs
Florida buyer closing costs typically include title insurance, lender fees, county recording charges, prorated property taxes, and Florida documentary stamp tax on the purchase price. The exact figure for this project is not published on this page, so confirm the current estimate before you sign. Not verified.
Not verified
HOA and condo fees
New developments typically assess monthly HOA or condominium fees covering common areas, amenities, insurance, and building staff, with special assessments possible for capital projects. Monthly fees for this project are not published on this page; request the current budget. Not verified.
Not verified
Deposit process
Pre-construction purchases in Florida commonly require staged deposits across contract, groundbreaking, and closing milestones, held in escrow. The exact schedule for this project should be confirmed in writing with the developer before you commit. Not verified.
Not verified
Flood and wind insurance
Coastal Florida properties carry flood and windstorm insurance requirements that can add meaningfully to monthly carrying costs, and premiums have risen across the state. The current premium profile for this project is not published on this page; confirm with an insurance advisor. Not verified.
Not verified
Buyer questions
Okan Tower, answered.
Pricing, deposits, timelines, the developer, and the investment case, answered directly. For the broader picture on South Florida new construction, browse the full FAQ hub.
New Construction South Florida FAQsWhat is the construction status of Okan Tower?
As of our latest review, Okan Tower is under construction. Status changes as construction advances, and we confirm the current position with the sales team before sharing it with buyers.
When will Okan Tower be completed?
Estimated completion for Okan Tower is 2027-2028 (est.). Delivery dates are developer estimates and shift with permitting and construction, so we confirm the current schedule before you plan around it.
What are the current prices at Okan Tower?
Pricing for Okan Tower had not been published or verified at the time of our latest review. We request current price lists and availability directly from the sales team for registered buyers, so contact us for today's numbers.
What is the typical deposit structure for pre-construction in Miami-Dade County?
Most developers in Miami-Dade County structure deposits at 20% to 30% of the purchase price, paid in installments across construction milestones: commonly 10% at contract, then additional payments at groundbreaking, topping out, and closing. Deposits are held in escrow, and the exact schedule is negotiated in the purchase agreement.
How do I get floor plans and current availability for Okan Tower?
Floor plan documents, view matrices, and current availability are shared privately with registered buyers. Tell us which layouts and views interest you, and we will request the current documents from the sales team.
Can I rent out a residence at Okan Tower?
Rental eligibility at Okan Tower was not verified at the time of our latest review. New-construction buildings and communities in Florida often restrict short-term rentals or set minimum lease terms, so rental rules are confirmed in the governing documents before you commit. Contact for current information on this project's rental policies.
Can I rent out an Okan Tower condo-hotel unit?
The 236 condo-hotel units are managed by Hilton and positioned for its short-term rental program, with turnkey furnished residences on floors 36-50. Confirm the exact rental terms and program rules in the governing documents.
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