Gamla Cedron Group, led by CEO Shaoul Mishal, is converting a new apartment building in Miami’s Little Havana neighborhood into condos, launching sales of the project, The Re. Units will range from 622 square feet to 1,057 square feet and from one to two bedrooms.
Gamla Cedron Converting Little helps improve planning, consistency, and publishing quality when teams follow a repeatable workflow.
An Aventura-based developer is converting a new apartment building in Miami’s Little Havana neighborhood into condos, and launching sales of the project, The Real Deal has learned.
Gamla Cedron Group, led by CEO Shaoul Mishal, hired Douglas Elliman to lead sales of the eight-story, 100-unit Centralis Residences Miami at 1110 Northwest First Street. Units will range from 622 square feet to 1,057 square feet and from one to two bedrooms. The building was completed in 2023.
The one-bedroom, one-bathroom units will start in the $300,000s and the two-bedroom, two-bathroom condos will start in the $400,000s, said Elliman’s Joe Azar, who leads new development multifamily leasing at the brokerage.
Elliman’s Solis Chirino Group, led by Miguel Solis and Mario Chirino, is handling sales of the condos at Centralis Residences.
The property is just north of Flagler Street, near LoanDepot Park, the Miami River and west of downtown Miami.
The building features a gym, sundeck and grilling area. Existing tenants will be given an opportunity to purchase units, which include their own balconies and washer/dryers.
“The developer found there was an opportunity in the market for an already built project at an affordable price point,” Azar said. “Not every buyer wants to wait two, three years.”
The developer is accepting reservations and plans to begin closings early next year, by February, according to Azar. The team is also working on securing Fannie Mae approval, which would make it easier for first-time buyers to purchase with conventional financing.
The monthly maintenance dues will be between 80 cents to 85 cents per square foot, or about $500 a month for the smallest units.
Gamla Cedron Group also owns the lot next door to Centralis Residences, but the developer has not yet decided whether it will build apartments or condos, Azar said.
A handful of developers in recent years have converted new or recently completed apartment buildings into condos because demand for for-sale units outweighed demand for rentals. Hollywood developer Chip Abele and PMG are among them. Last year, Invesca Development Group secured a $55.2 million loan for an apartment-to-condo conversion of a 214-unit complex in Pompano Beach.
Other developers such as Alta Development and Raimundo Onetto from Alta Developers both launched sales of condo projects that they initially designed as apartment buildings.
Read more
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var(–wp–preset–gradient–midnight) !important;}.has-small-font-size{font-size: var(–wp–preset–font-size–small) !important;}.has-medium-font-size{font-size: var(–wp–preset–font-size–medium) !important;}.has-large-font-size{font-size: var(–wp–preset–font-size–large) !important;}.has-x-large-font-size{font-size: var(–wp–preset–font-size–x-large) !important;}”,”type”:”list”,”__typename”:”StyleItem”}],”post”:{“id”:”cG9zdDoxMDAxMzgy”,”databaseId”:1001382,”title”:”Little Havana developer converting apartments to condos, launching sales”,”status”:”publish”,”slug”:”gamla-cedron-converting-little-havana-apts-to-condos”,”uri”:”/miami/2025/11/19/gamla-cedron-converting-little-havana-apts-to-condos/”,”link”:”https://therealdeal.com/miami/2025/11/19/gamla-cedron-converting-little-havana-apts-to-condos/”,”dateGmt”:”2025-11-19T14:45:00″,”contentTypeName”:”post”,”contentFiltered”:”u003cpu003eAn Aventura-based developer is converting a new apartment building in Miami’s Little Havana neighborhood into condos, and launching sales of the project, u003cemu003eThe Real Dealu003c/emu003e has learned.u0026nbsp;u003c/pu003enu003cpu003eGamla Cedron Group, led by CEO Shaoul Mishal, hired Douglas Elliman to lead sales of the eight-story, 100-unit Centralis Residences Miami at 1110 Northwest First Street. Units will range from 622 square feet to 1,057 square feet and from one to two bedrooms. The building was completed in 2023.u0026nbsp;u003c/pu003enu003cpu003eThe one-bedroom, one-bathroom units will start in the $300,000s and the two-bedroom, two-bathroom condos will start in the $400,000s, said Elliman’s u003ca href=”/miami/2022/09/12/compass-agent-joe-azar-jumps-to-douglas-ellimans-leasing-arm/”u003eJoe Azaru003c/au003e, who leads new development multifamily leasing at the brokerage.u0026nbsp;u003c/pu003enu003cpu003eElliman’s Solis Chirino Group, led by Miguel Solis and Mario Chirino, is handling sales of the condos at Centralis Residences.u0026nbsp;u003c/pu003enu003cpu003eThe property is just north of Flagler Street, near LoanDepot Park, the Miami River and west of downtown Miami.u0026nbsp;u003c/pu003enu003cpu003eThe building features a gym, sundeck and grilling area. Existing tenants will be given an opportunity to purchase units, which include their own balconies and washer/dryers.u0026nbsp;u003c/pu003enu003cpu003e“The developer found there was an opportunity in the market for an already built project at an affordable price point,” Azar said. “Not every buyer wants to wait two, three years.”u0026nbsp;u003c/pu003enu003cpu003eThe developer is accepting reservations and plans to begin closings early next year, by February, according to Azar. The team is also working on securing Fannie Mae approval, which would make it easier for first-time buyers to purchase with conventional financing.u0026nbsp;u003c/pu003enu003cpu003eThe monthly maintenance dues will be between 80 cents to 85 cents per square foot, or about $500 a month for the smallest units.u0026nbsp;u003c/pu003enu003cpu003eGamla Cedron Group also owns the lot next door to Centralis Residences, but the developer has not yet decided whether it will build apartments or condos, Azar said.u0026nbsp;u003c/pu003enu003cpu003eA u003ca href=”/miami/2024/06/06/south-florida-developers-turn-to-condo-conversions/”u003ehandful of developersu003c/au003e in recent years have converted new or recently completed apartment buildings into condos because demand for for-sale units outweighed demand for rentals. Hollywood developer Chip Abele and u003ca href=”/miami/2022/07/06/change-of-plans-developer-switches-to-condos-from-rentals-at-downtown-miami-tower/”u003ePMGu003c/au003e are among them. Last year, Invesca Development Group secured u003ca href=”/miami/2024/09/03/invesca-development-plans-rentals-to-condos-conversion/”u003ea $55.2 million loanu003c/au003e for an apartment-to-condo conversion of a 214-unit complex in Pompano Beach.u0026nbsp;u003c/pu003enu003cpu003eOther developers such as Alta Development and Raimundo Onetto from Alta Developers both launched sales of condo projects that they initially designed as apartment buildings.u0026nbsp;u003c/pu003enu003csection class=”ReadMoreSection_root”u003entu003ch4 class=”ReadMoreSection_title”u003eRead moreu003c/h4u003enttttttttu003ca class=”BlogrollPost” href=”/miami/2024/09/03/invesca-development-plans-rentals-to-condos-conversion/”u003enttttu003carticle class=”BlogrollPost_container”u003entttttu003cfigure class=”BlogrollPost_image FeaturedImage”u003entttttttttttttu003cimg decoding=”async” width=”150″ height=”106″ src=”https://static.therealdeal.com/wp-content/uploads/2024/09/Invesca-Development-Plans-Rentals-to-Condos-Conversion-feat-150×106.jpg” class=”FeaturedImage_image wp-post-image” alt=”Invesca Development Plans Rentals-to-Condos Conversion” loading=”lazy” /u003etttttttttttu003c/figureu003entttttu003cdiv class=”BlogrollPost_content”u003enttttttu003cdiv class=”BlogrollPost_heading”u003entttttttu003cdiv class=”MarketSectorLabel_categoryCityLabelWrapper”u003enttttttttttttttttu003cdiv class=”MarketSectorLabel_sectorLabel”u003entttttttttCommercialttttttttu003c/divu003enttttttttttttttttttttttttu003cdiv class=”MarketSectorLabel_marketLabel”u003entttttttttSouth Floridattttttttu003c/divu003entttttttttttttttu003c/divu003enttttttu003c/divu003enttttttu003cdiv class=”BlogrollPost_title”u003eInvesca lands $55M loan for rental-to-condo conversion in Pompano Beach, aiming to match demandu003c/divu003entttttu003c/divu003enttttu003c/articleu003entttu003c/au003enttttttu003ca class=”BlogrollPost” href=”/miami/2024/06/06/south-florida-developers-turn-to-condo-conversions/”u003enttttu003carticle class=”BlogrollPost_container”u003entttttu003cfigure class=”BlogrollPost_image FeaturedImage”u003entttttttttttttu003cimg decoding=”async” width=”150″ height=”106″ src=”https://static.therealdeal.com/wp-content/uploads/2024/06/South-Florida-Developers-Turn-to-Condo-Conversions-f-150×106.jpg” class=”FeaturedImage_image wp-post-image” alt=”South Florida Developers Turn to Condo Conversions” loading=”lazy” /u003etttttttttttu003c/figureu003entttttu003cdiv class=”BlogrollPost_content”u003enttttttu003cdiv class=”BlogrollPost_heading”u003entttttttu003cdiv class=”MarketSectorLabel_categoryCityLabelWrapper”u003enttttttttttttttttu003cdiv class=”MarketSectorLabel_sectorLabel”u003entttttttttDevelopmentttttttttu003c/divu003enttttttttttttttttttttttttu003cdiv class=”MarketSectorLabel_marketLabel”u003entttttttttSouth Floridattttttttu003c/divu003entttttttttttttttu003c/divu003enttttttu003c/divu003enttttttu003cdiv class=”BlogrollPost_title”u003eSurging South Florida condo demand pushing multifamily developers to pivotu003c/divu003entttttu003c/divu003enttttu003c/articleu003entttu003c/au003enttttu003c/sectionu003enntt”,”noAds”:false,”alternativeHeadline”:{“subheadline”:”Prices at eight-story, 100-unit building to range from $300Ks to $400Ks for one- to two-bedroom units”,”__typename”:”AlternativeHeadline”},”updatedPost”:{“updated”:false,”date”:”2025-11-19T15:12:00+00:00″,”__typename”:”UpdatedPost”},”aiSummary”:{“summary”:”u003cpu003eu003c!– wp:list –u003eu003c/pu003ernu003cul class=”wp-block-list”u003eu003c!– wp:list-item –u003ernu003cliu003eCentralis Residences Miami, a recently completed 100-unit apartment building in Little Havana, is being converted to condos by Aventura-based developer Gamla Cedron Group.u003c/liu003ernu003c!– /wp:list-item –u003ernrnu003c!– wp:list-item –u003ernu003cliu003eThe units, ranging from one to two bedrooms, will be offered at prices starting in the $300,000s for one-bedrooms and $400,000s for two-bedrooms, with closings anticipated by early next year (February).u003c/liu003ernu003c!– /wp:list-item –u003ernrnu003c!– wp:list-item –u003ernu003cliu003eThe conversion, being handled by Douglas Elliman, capitalizes on high demand for for-sale units in the area and allows buyers to purchase an already-built property.u003c/liu003ernu003c!– /wp:list-item –u003eu003c/ulu003ernu003cpu003eu003c!– /wp:list –u003eu003c/pu003e”,”reviewed”:true,”disabled”:false,”autoGenerate”:false,”__typename”:”AISummary”},”audioArticleSettings”:{“audioUrl”:”https://eleven-public-cdn.elevenlabs.io/audio-native/a24c95b71e45d877e2798ceb32ef0ff8b1d79dced18bffc58f5b3a0c6e8468ac/IhCb4xAeueQLBaUjlU1T/IhCb4xAeueQLBaUjlU1T.mp3″,”__typename”:”AudioArticleSettings”},”mainArt”:{“mediaType”:”image”,”image”:{“node”:{“sourceUrl”:”/wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-1400×933.jpg”,”srcSet”:”/wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-1400×933.jpg 1400w, /wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-300×200.jpg 300w, /wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-700×467.jpg 700w, /wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-200×133.jpg 200w, /wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-768×512.jpg 768w, /wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-1024×683.jpg 1024w, /wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-50×33.jpg 50w, /wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches.jpg 1500w”,”sizes”:”(max-width: 1400px) 100vw, 1400px”,”caption”:”u003cpu003eShaoul Mishal and Joe Azar with a rendering of the Centralis Residences Miami at 1110 Northwest Firsu0026#8230;u003c/pu003en”,”altText”:”Shaoul Mishal and Joe Azar with a rendering of the Centralis Residences Miami at 1110 Northwest First Street”,”__typename”:”MediaItem”},”__typename”:”AcfMediaItemConnectionEdge”},”video”:null,”caption”:”Shaoul Mishal and Joe Azar with a rendering of the Centralis Residences Miami at 1110 Northwest First Street (Getty, Gamla Cedron Group)”,”__typename”:”MainArt”},”featuredImage”:{“node”:{“sourceUrl”:”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-1400×933.jpg”,”srcSet”:”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-1400×933.jpg 1400w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-300×200.jpg 300w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-700×467.jpg 700w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-200×133.jpg 200w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-768×512.jpg 768w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-1024×683.jpg 1024w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches-50×33.jpg 50w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches.jpg 1500w”,”sizes”:”(max-width: 1400px) 100vw, 1400px”,”caption”:”u003cpu003eShaoul Mishal and Joe Azar with a rendering of the Centralis Residences Miami at 1110 Northwest Firsu0026#8230;u003c/pu003en”,”altText”:”Shaoul Mishal and Joe Azar with a rendering of the Centralis Residences Miami at 1110 Northwest First Street”,”mediaDetails”:{“sizes”:[{“width”:”1400″,”height”:”933″,”__typename”:”MediaSize”}],”__typename”:”MediaDetails”},”__typename”:”MediaItem”},”__typename”:”NodeWithFeaturedImageToMediaItemConnectionEdge”},”__typename”:”Post”,”template”:{“templateValue”:”right-rail”,”__typename”:”DefaultTemplate”},”seo”:{“title”:”Gamla Cedron Converting Little Havana Apts to Condos”,”fullHead”:”u003c!– This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v26.1.1) – https://yoast.com/wordpress/plugins/seo/ –u003enu003cmeta name=”description” content=”Gamla Cedron Group is converting a new apartment building in Miami’s Little Havana neighborhood into condos, and launching sales of the project.” /u003enu003cmeta name=”robots” content=”index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1″ /u003enu003clink rel=”canonical” href=”https://therealdeal.com/miami/2025/11/19/gamla-cedron-converting-little-havana-apts-to-condos/” /u003enu003cmeta property=”og:locale” content=”en_US” /u003enu003cmeta property=”og:type” content=”article” /u003enu003cmeta property=”og:title” content=”Little Havana developer converting apartments to condos, launching sales” /u003enu003cmeta property=”og:description” content=”Gamla Cedron Group is converting a new apartment building in Miami’s Little Havana neighborhood into condos, and launching sales of the project.” /u003enu003cmeta property=”og:url” content=”https://therealdeal.com/miami/2025/11/19/gamla-cedron-converting-little-havana-apts-to-condos/” /u003enu003cmeta property=”og:site_name” content=”The Real Deal” /u003enu003cmeta property=”article:publisher” content=”https://www.facebook.com/therealdealmedia/” /u003enu003cmeta property=”article:published_time” content=”2025-11-19T14:45:00+00:00″ /u003enu003cmeta property=”og:image” content=”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_New-Condo-Project-Launches.jpg” /u003entu003cmeta property=”og:image:width” content=”1500″ /u003entu003cmeta property=”og:image:height” content=”1000″ /u003entu003cmeta property=”og:image:type” content=”image/jpeg” /u003enu003cmeta name=”author” content=”Katherine Kallergis” /u003enu003cmeta name=”twitter:card” content=”summary_large_image” /u003enu003cmeta name=”twitter:description” content=”An Aventura-based developer is converting a new apartment building in Miami’s Little Havana neighborhood into condos, and launching sales of the project, The Real Deal has learned.u0026nbsp; Gamla Cedron Group, led by CEO Shaoul Mishal, hired Douglas Elliman to lead sales of the eight-story, 100-unit Centralis Residences Miami at 1110 Northwest First Street. Units will range from 622 square feet to 1,057 square feet and from one to two bedrooms. The building was completed in 2023.u0026nbsp; The one-bedroom, one-bathroom units will start in the $300,000s and the two-bedroom, two-bathroom condos will start in the $400,000s, said Elliman’s Joe Azar, who [u0026hellip;]” /u003enu003cmeta name=”twitter:creator” content=”@trdny” /u003enu003cmeta name=”twitter:site” content=”@trdny” /u003enu003cmeta name=”twitter:label1″ content=”Written by” /u003entu003cmeta name=”twitter:data1″ content=”Steven Dilakian” /u003entu003cmeta name=”twitter:label2″ content=”Est. reading time” /u003entu003cmeta name=”twitter:data2″ content=”2 minutes” /u003enu003cscript type=”application/ld+json” class=”yoast-schema-graph”u003e{“@context”:”https://schema.org”,”@graph”:[{“@type”:”NewsArticle”,”@id”:”https://therealdeal.com/miami/2025/11/19/gamla-cedron-converting-little-havana-apts-to-condos/#article”,”isPartOf”:{“@id”:”https://therealdeal.com/miami/2025/11/19/gamla-cedron-converting-little-havana-apts-to-condos/”},”author”:[{“@type”:”Person”,”@id”:”https://therealdeal.com/#/schema/person/2ec87f8cf2214bd77d8b7913c476cf43″,”name”:”Katherine Kallergis”,”image”:{“@type”:”ImageObject”,”url”:”https://secure.gravatar.com/avatar/c2c25fd6c44919923b90a57ca205e61f043ea5fe246acf98f17af994b2103337?s=96u0026#038;d=mmu0026#038;r=g”},”description”:”Katherine Kallergis is residential bureau chief and a senior reporter at The Real Deal. Katherine, who has won awards from NAREE and the Society of Professional Journalists, reports on the South Florida market, with a focus on residential real estate and new development. She also works with reporters across TRD’s markets covering the resi beat, and writes The Weekly Dirt newsletter. 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Miami market relevance
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The building features a gym, sundeck and grilling area. Existing tenants will be given an opportunity to purchase units, which include their own balconies and washer/dryers.
Gamla Cedron Converting Little: Practical Checklist
- Confirm scope and audience
- Define the content goal and CTA
- Use clear headings and examples
- Add supporting internal links
- Review before publishing
Most quality issues come from unclear scope and rushed publishing. A simple checklist improves consistency and readability.
Review your introduction, headings, and conclusion to ensure the article matches search intent and provides practical next steps for the reader.
FAQ: Gamla Cedron Converting Little
What should be planned first?
Start with the goal, audience, and deliverables so the final content and media support the same outcome.
Need help implementing this workflow? Contact Miami Real Estate Insights & Market Trends to plan a practical content and media process.
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