PREMIUM Development Marks Milestone with Sale of FIFTEEN Apartments, a Boutique Luxury Community in Miami
MIAMI, July 31, 2025 /PRNewswire/ -- PREMIUM Development Inc. has successfully completed the sale of its second U.S. project: FIFTEEN Apartments, a boutique, European-style luxury multifamily community located in Miami's Health District. The transaction was brokered by Walker & Dunlop, Inc.
Completed in 2024, FIFTEEN Apartments is a mid-rise luxury community offering thoughtfully designed residences with condominium-quality finishes and a suite of best-in-class amenities. Strategically located at the crossroads of Miami-Dade's primary transit corridors, the community offers seamless access to Miami's major employment hubs and immediate proximity to the Health District, one of the nation's largest and most dynamic healthcare campuses.
The Health District stands as the second-largest healthcare cluster in the U.S., featuring over 2,600 hospital beds, more than 50,000 healthcare-related jobs, and two million square feet of research facilities. FIFTEEN's location along the Metrorail line and near the 836 Expressway provides unmatched connectivity to I-95, Florida's Turnpike, and key destinations including Downtown Miami, Brickell, Doral, and Miami Beach. Renowned cultural and entertainment districts such as Wynwood and the Design District are also just minutes away.
"PREMIUM's continued success in today's evolving market is a testament to the enduring quality of our developments, the sophistication of our design approach, and the strategic value of our locations. We focus on delivering thoughtfully planned communities that combine timeless architecture, modern amenities, and exceptional connectivity, creating long-term value for both residents and investors," said Hannes Schoeckler, CEO of PREMIUM Development Inc.
FIFTEEN Apartments features 132 luxury residences and a thoughtfully curated amenity offering, including a resort-style lap pool and health club–quality fitness center. Every detail showcases PREMIUM Development's dedication to smart design, high-quality craftsmanship, and modern urban living.
PREMIUM Development's upcoming pipeline includes PALM AIRE, a 100-unit community in Pompano Beach, and SONVIDA, a 385-unit development located in the heart of Little Havana.
About PREMIUM Development Inc.
Based in Miami, PREMIUM Development Inc. was founded in 2017 as the U.S. office of PREMIUM Group. PREMIUM's merchant development business model focuses on developing smartly designed, market-rate residential buildings and communities in fast-growing, highly livable cities, such as Vienna, Berlin and Miami, and then stabilizing the asset for disposition. PREMIUM Development Inc. currently has more than 1,800 residential units under development in South Florida.
Founded in Austria in 1995, PREMIUM Group has been successfully operating as a project developer and builder in the residential real estate sector for more than 30 years. With a total investment value of more than € 2.1 billion, the PREMIUM Group successfully built 330 projects, including more than 9,000 units and a cumulative living space of 7,000,000 sf.
Contact:
Hannes Schoeckler
CEO PREMIUM Development Inc.
[email protected]
SOURCE Premium Development Inc.
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