An apartment building in Miami’s Wynwood has converted into short-term rentals under the new-to-market Sentral brand.
Denver-based Sentral launched in 10 locations across the country July 20, including Sentral Wynwood. The 175-unit building at 51 N.W. 26th St. was previously known as the Bradley Wynwood.
Residents can opt for a traditional monthly rent or pay by the night for up to 29 days.
Miami-based developers The Related Group and Block Capital Groupsold it for $77 million in February to an affiliate of San Francisco-based Iconiq Capital. The Sentral platform is backed by Iconiq Capital with an investment of more than $500 million.
At Sentral Wynwood, 75 units are immediately available for monthly residents and the remaining 100 units will be for short-term rentals this fall. Residents can also rent their apartments out while they are out of town.