Current Ownership Structure of Komodo Miami
Komodo Miami is a luxury residential high-rise in the Brickell neighborhood of Miami, Florida. The project was developed by CMC Group, a Miami-based real estate development and investment firm led by CEO Jorge M. Pérez. CMC Group retains a significant ownership stake in the project and has been the primary developer from the initial planning stages through construction and sales. The building is part of CMC Group's broader portfolio of high-profile Miami condo developments.
The ownership of Komodo Miami also includes a mix of individual and institutional investors who purchased units during pre-construction and resale periods. As with most luxury condo buildings in Miami, a portion of the units is held by foreign investors, often through offshore entities or LLCs. The building's governance is managed by a condominium association, which oversees common areas, maintenance, and financial reserves. Unit owners elect a board of directors to represent their interests in decisions related to the property.
Key Details About Komodo Miami
Location and Building Specifications
Komodo Miami is located at 1451 Brickell Avenue, in the heart of Miami's Brickell financial district. The tower rises to a height of approximately 400 feet, with a total of around 30 floors. The building features a modern glass facade and includes both residential units and ground-floor retail space. Units range from studios to multi-bedroom luxury apartments, with many offering panoramic views of Biscayne Bay and the Miami skyline.
Sales and Market Position
Since its launch, Komodo Miami has positioned itself as a premium product in the Brickell condo market, targeting high-net-worth buyers and international investors. Sales prices have ranged from the high hundreds of thousands to several million dollars per unit, depending on size, view, and floor level. The building's sales have been supported by CMC Group's marketing network and partnerships with luxury real estate brokers. For more details on the developer's other projects and market positioning, see the CMC Group overview on Forbes.
Developer and Corporate Background
About CMC Group
CMC Group is a real estate development, investment, and management company headquartered in Miami. The firm has been involved in numerous high-profile projects across South Florida, including the Icon Brickell complex and the Four Seasons Hotel Miami. CMC Group's founder and chairman, Jorge M. Pérez, is a well-known figure in Miami real estate and has been instrumental in shaping the city's luxury housing market. The company focuses on large-scale mixed-use developments and luxury residential towers.
Regulatory and Compliance Context
As a condominium project in Miami-Dade County, Komodo Miami is subject to Florida's condominium laws and regulations, including registration requirements with the Florida Department of Business and Professional Regulation. The developer must comply with state disclosure rules for pre-construction sales. For information on Florida's condominium regulatory framework and public records, see the Florida Department of Business and Professional Regulation website. Ownership records for the building can also be found in Miami-Dade County public property records.