Canal by IQ 18550 NE 23rd Ct 34 Unit Apartment Building $25,000,000 ($735,294/Unit) 7.77% Cap Rate Miami, FL 33180

Now offering an immediate 6% guaranteed return at closing until completion.
STR Investor’s Dream Opportunity in Aventura!
Introducing CanaL by IQ, the first and only luxury riverfront boutique condominium in West Aventura! This 34-unit, pre-construction building offers an exclusive opportunity for savvy investors to become the sole owner/operator, controlling the board and bylaws in an STR-friendly environment. Choose from beautifully designed studio, 1, and 2-bedroom condos, all perfect for short-term rental investments.
What sets this property apart is its prime location on the serene Oleta River, giving residents access to a true waterfront lifestyle. Kayak, canoe, paddleboard, fish, or simply enjoy the natural beauty of the surroundings. Directly behind the building lies the stunning Greynolds Park, a lush green space filled with towering oak trees, scenic picnic areas, playgrounds, and even a 9-hole golf course.
West Aventura is quickly becoming a mixed-use paradise, with local shops, restaurants, and boutique shopping just steps away. Plus, the renowned Aventura Mall, JW Marriott Resort, Spa, and Golf Course, Aventura walking circle, and endless parks and canals are all nearby. A short drive brings you to the white sand beaches of Sunny Isles, making this location a hotspot for travelers seeking both adventure and relaxation.
The building’s luxury amenities are enhanced by Ornare, a renowned luxury brand specializing in bespoke, high-end furniture and interior design. Each unit features custom-designed kitchens, wardrobes, and living spaces by Ornare, blending elegance and functionality to elevate the living experience.
Additionally, Brenton offers high-quality furniture packages, providing a seamless turnkey experience for investors looking to effortlessly prepare their units for the short-term rental market.
Residents and guests will also enjoy a state-of-the-art gym, a riverfront pool deck with unmatched natural views, and a shared rooftop with BBQ grills, hot tubs, and lounge spaces—perfect for entertaining.
Seize this once-in-a-lifetime investment opportunity in one of South Florida’s most desirable up-and-coming districts!