Alta Development Offers SoMi Walk Student Housing Tower for Sale
Alta Development has placed its under-construction SoMi Walk luxury student housing tower in South Miami on the market. The 16-story, 173-unit development is located near the University of Miami and features fully furnished residences with private bedrooms and bathrooms, along with high-end amenities such as rooftop pools, a wellness center, golf simulators, and more. The project is currently under construction, having completed its foundation phase. It is expected to receive a temporary certificate of occupancy in June 2028, ahead of the Fall 2028 academic year. Alta Development emphasizes that SoMi Walk represents a rare opportunity for institutional buyers due to its purpose-built design and location in one of the most supply-constrained university markets. Alta is inviting qualified buyers to submit offers as pricing details have yet to be finalized.
