Okan Tower
Pre-construction condos in Downtown Miami, Miami. Expected delivery 2027-2028. Developed by Okan Group.
Okan Tower at a glance
| Address | 555 N Miami Ave |
|---|---|
| Neighborhood | Downtown Miami |
| Developer | Okan Group |
| Units | 163 + 236 + 14 |
| Floors | 70-72 |
| Expected delivery | 2027-2028 |
| Priced from | $680K |
| Status | Under construction, 50th floor / ~75% structural Apr 2026 |
Fields left out are ones I could not verify. A range means sources disagree. I do not publish a number I cannot show you the source for.
How Okan Tower compares in Downtown Miami
Every other condo project selling off plan in Downtown Miami right now, so you can see where this one sits rather than looking at it alone.
| Project | Units / Floors | Delivery | From | Deposit at contract |
|---|---|---|---|---|
| Okan Tower (this project) | 163 + 236 + 14 / 70-72 | 2027-2028 | $680K | not published |
| Delano Residences Miami | 421 / 90 | 2030-2031 | $725K suites / $1.46M 1BR | 10% contract / 10% Oct 2026 / 10% groundbreaking est Jun 2027 / 10% 1yr later / 60% closing |
| JEM Private Residences | 274-278 / 65-67 | Q2-Q4 2027 | $600K | 20% contract / 10% at 90 days / 10% Summer 2026 / 60% closing |
| Waldorf Astoria Residences Miami | 360 / 100 | 2029 | 1BR sold out; 2BR $3.3M | 20% contract / 10% at 30 days / 10% at 90 days / 10% at 1yr / balance closing |
Questions buyers ask about Okan Tower
What is the deposit schedule at Okan Tower?
The developer has not published one. Most Miami projects run 20 percent at contract, 10 percent at groundbreaking, 10 percent at top-off and the balance at closing, but that is the market pattern and not this project's terms. Ask me and I will get the current schedule from the sales gallery.
When is Okan Tower expected to be delivered?
Currently 2027-2028. Pre-construction delivery dates move, and the contract governs what happens if they do.
Who is developing Okan Tower?
The developer is Okan Group. A developer's track record on delivery matters as much as the building itself, and it is worth asking what else they have completed in Miami and when.
How big is Okan Tower?
Okan Tower is planned at 163 + 236 + 14 units across 70-72 floors. Where a figure shows a range, sources disagree and I have not been able to confirm which is current.
Can a non-resident or foreign national buy at Okan Tower?
Yes. There is no citizenship or residency requirement to own Florida real estate. What differs is the paperwork - financing terms for foreign nationals, tax identification, and the withholding rules that apply when you eventually sell.
Keep looking
Condos for sale and rent in Downtown Miami · Every Miami pre-construction condo · Pre-construction vs resale · Financing options
Thinking about Okan Tower?
I represent buyers on pre-construction directly. Tell me what you are after and I will tell you honestly whether this one fits.
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