Pre Construction

The Rider Residences at Wynwood: The Furnished, Airbnb-Friendly Buyer's Guide (Pre-Construction 2026)

A complete pre-construction guide to The Rider Residences at Wynwood — a 12-story, 146-unit turnkey condo by Rilea Group at 94 NE 29th Street with fully furnished residences, no rental restrictions, and in-house Airbnb-style management. Pricing, the short-term-rental investor case, floor plans, amenities, and timeline.

July 17, 2026
12 min read
Kyle Benjamin
Kyle Benjamin
REHub Miami
The Rider Residences at Wynwood: The Furnished, Airbnb-Friendly Buyer's Guide (Pre-Construction 2026)

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Wynwood spent the last decade turning from a warehouse district into Miami's most photographed neighborhood — murals, galleries, breweries, and a nonstop weekend crowd. What it never had, until recently, was much for-sale housing. The people who made Wynwood a destination mostly couldn't buy there.

The Rider Residences at Wynwood is one of the projects changing that. Rising at 94 NE 29th Street on Wynwood's eastern edge, it is a 12-story, 146-residence condominium developed by the Rilea Group, designed by Deforma Studio with interiors by RADYCA. Its defining features are commercial: residences are delivered fully furnished and turnkey, and the building carries no rental restrictions — you can rent short-term, long-term, or live in it yourself.

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That combination — furnished delivery plus an Airbnb-permitted rental policy plus in-house management — is what separates The Rider from most new Miami condos. This is a building engineered as an income asset first and a home second, in a neighborhood that draws travelers year-round. For the right buyer, that is the entire pitch.

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Project Snapshot

DetailInformation
NameThe Rider Residences at Wynwood
Address94 NE 29th Street, Miami, FL 33137
NeighborhoodWynwood (eastern edge, near Midtown/Edgewater)
StructureSingle 12-story tower
Residences146
ArchitectDeforma Studio
Interior DesignRADYCA
DeveloperRilea Group
FurnishedYes — delivered fully furnished / turnkey
Rental PolicyNo restrictions — short-term (Airbnb) and long-term permitted
Unit TypesStudios through three-bedrooms (select layouts with dens/half baths)
Unit Sizes~500 to ~1,700 sq ft
Ceiling Heights~9 feet
Pricing RangeFrom roughly the $600,000s into the $1.8M+ range
Estimated DeliveryLate 2026–2027 (confirm current guidance)

Design & Concept: Rock-and-Roll, Retro-Modern

The Rider leans hard into a theme, and it is not accidental. The name and the whole design language nod to rock-and-roll and motorcycle culture — the developer describes a "retro-modern" aesthetic that blends Chicago's industrial grit with the loft-district feel of New York's SoHo and Meatpacking, filtered through Wynwood's street-art energy.

In practice that means an industrial-luxe material palette, bold graphic moments, and amenity spaces built around lifestyle and content rather than beige minimalism. The signature flourish is a house fleet of Harley-Davidson motorcycles, Vespas, and electric bikes that residents can use — a literal expression of the "Rider" concept and, not incidentally, exactly the kind of amenity that markets a short-term rental listing.

Deforma Studio, a Miami-based firm, handles the architecture; RADYCA designs the interiors. The design intent is a building that photographs well and feels distinctly of Wynwood — which matters more here than in most condos, because a large share of these units will be marketed to travelers scrolling through listings.

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The Short-Term-Rental Investor Angle

This is the section that matters most, because The Rider is built for it.

Most Miami condo declarations restrict rentals — minimum lease terms of 30 days, 90 days, or twelve-times-a-year caps are common, and they quietly kill the Airbnb business model. The Rider is explicitly built without those restrictions. The developer markets the building as allowing short-term and long-term rentals with no rental restrictions, which is the legal foundation of a nightly-rental strategy.

Three features stack on top of that policy to make it operational:

  • Turnkey furnished delivery. Every residence is delivered fully furnished and finished — designer furniture, kitchenware, smart-home systems, the works. For an investor, that removes the single biggest friction in launching a rental: you can list from closing rather than spending months and tens of thousands furnishing the unit.
  • In-house rental management. The Rider markets an on-site / in-house rental-management program, so owners can hand off booking, guest turnover, cleaning, and maintenance rather than self-managing or hiring a third party. That is the difference between a passive asset and a second job.
  • A neighborhood built for demand. Wynwood is a destination in its own right — walkable, dense with bars, restaurants, and galleries, and busy on weekends and during Art Basel and event season. Short-term-rental demand in a place people actively want to visit is more durable than in a purely residential zip code.

The building has also drawn attention for crypto-forward financing: Rilea has marketed The Rider as accepting direct wallet-to-wallet cryptocurrency purchases and has partnered with the Miami lender Milo on a crypto-collateralized program that lets buyers use digital assets toward the deposit. That is a marketing differentiator more than a structural one — the real investment story is the furnished + unrestricted-rental + managed combination above.

A realistic word of caution: pro-forma rental yields circulated during pre-construction are projections, not guarantees. Wynwood's short-term-rental market is competitive and seasonal, HOA dues on a heavily amenitized building are real, and Miami-Dade and City of Miami short-term-rental rules can change. Underwrite conservatively and confirm the current declaration language yourself before you buy for income.

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Location: Wynwood's Eastern Edge

94 NE 29th Street sits on the eastern side of Wynwood, near the seam with Midtown and Edgewater — close enough to walk into the Wynwood Arts District, close enough to reach the bay and Midtown's shops in minutes.

NearbyApprox. distance
Wynwood Walls / Arts District core~5–10 min walk
Shops at Midtown Miami~10 min walk
Miami Design District~5 min drive
Edgewater / Biscayne Bay~5 min drive
Downtown Miami / Brightline MiamiCentral~10 min drive
Brickell~10–12 min drive
Miami Beach (via causeways)~15 min drive
Miami International Airport (MIA)~15 min drive

For a short-term-rental asset, this location is close to ideal: guests can walk to the murals, bars, and restaurants that bring them to Wynwood, while being a quick rideshare from the Design District, Downtown, and the beaches. Walkability is a direct input to nightly rates and occupancy.


Kyle Benjamin

Curious about Miami real estate?

Talk to one of our local expert agents for a no-pressure consultation — ask us anything, from pricing and neighborhoods to financing and timing.

The Residences

Across the building's 146 residences, homes are delivered fully furnished and turnkey. Published and expected features include:

  • Fully furnished interiors — designer furniture packages, styled and move-in / rent-ready
  • ~9-foot ceilings
  • Private balconies on residences
  • Gourmet kitchens with European appliance packages
  • Smart-home technology integrated throughout
  • In-unit washer/dryer
  • Rain showers and finished baths

Floor Plan Mix (approximate)

  • Studios — the entry point and, in a nightly-rental context, often the most efficient yield-per-dollar
  • One- and two-bedrooms — the core of the building
  • Three-bedrooms and select larger layouts — some plans add dens or half baths

Unit sizes run roughly 500 to 1,700 square feet. (Sources vary slightly on the exact range and the top bedroom count — confirm the specific plan you're considering, since the studio-to-two-bedroom band is where most inventory sits.)


Amenities

The Rider's amenity program is unusually lifestyle- and wellness-heavy for a building this size — again, partly because amenities sell rental nights. Published and expected amenities include:

  • Resort-style rooftop pool with a rooftop restaurant and speakeasy-style bar
  • Fitness center with Peloton and Technogym equipment
  • "The Reset" wellness suite — cold-plunge, infrared sauna, and recovery / IV-therapy concept
  • Hi-fi vinyl listening room
  • "Backstage" beauty / grooming room
  • Co-working space
  • Resident's lounge and private hangout areas
  • Dog park and pet spa
  • House fleet of Harley-Davidson motorcycles, Vespas, and e-bikes for resident use
  • Ground-floor café and retail
  • EV charging and 24-hour valet / concierge
  • On-site garage parking

The mix is telling: cold plunge, listening room, rooftop bar, motorcycles. These are experiences a host can put in a listing, not just conveniences for a resident.

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The Developer

  • Rilea Group — a Miami-based, family-run developer with a multi-decade South Florida track record across residential, office, and mixed-use projects. The Rider is its bet on Wynwood's shift from arts district to livable, investable neighborhood.
  • Deforma Studio — Miami-based architecture firm behind the building's retro-modern design.
  • RADYCA — interior design.

In October 2025 the project secured a ~$90 million construction loan, a meaningful de-risking milestone for a pre-construction buyer: financed projects are far more likely to actually deliver than those still chasing capital. A funded, locally experienced developer is one of the most underrated inputs in pre-construction underwriting.


Status & Timeline

MilestoneStatus
Sales launchLaunched (March 2024)
Construction financing~$90M construction loan secured (Oct 2025)
Vertical constructionUnderway / commencing
Estimated deliveryLate 2026–2027 (guidance has moved; confirm)

Note the timeline drift: early materials targeted late 2026, while more recent coverage — and the late-2025 construction-loan closing — points many sources toward 2027. Pre-construction dates routinely slip. Confirm the current delivery estimate and, critically, the deposit schedule tied to your specific contract before signing.


Kyle Benjamin

Curious about Miami real estate?

Talk to one of our local expert agents for a no-pressure consultation — ask us anything, from pricing and neighborhoods to financing and timing.

Pricing Reality

  • Pricing has been marketed from roughly the $600,000s (some early materials cited entry pricing lower), rising with size and floor.
  • The range extends into the $1.8M+ band for the largest residences.
  • The developer has publicized a 40% pre-construction deposit structure — higher than a typical 20–30% Miami pre-con schedule, and a number to model carefully, since it is capital tied up for years.

Published pre-construction pricing is a snapshot, not a quote. Availability, incentives, and the deposit schedule shift with each release, and the live numbers rarely match what circulates on aggregator sites. Confirm current pricing and terms through the sales gallery and your buyer's agent.


Who This Building Is For

1. The Short-Term-Rental Investor

This is the primary buyer. You want a furnished, Airbnb-permitted unit in a walkable destination, with in-house management so you don't self-operate. A studio or one-bedroom is typically the highest yield-per-dollar entry.

2. The Lock-and-Leave / Part-Time Owner

You want a stylish Wynwood pied-à-terre you can use part of the year and rent the rest — the no-restriction policy lets you flex between personal use and income without fighting the condo docs.

3. The Wynwood Bet

You believe Wynwood keeps maturing from arts district into a genuine live-work-invest neighborhood. New for-sale housing here is still scarce, and a furnished, income-ready unit is a leveraged way to own that thesis.

If you want a quiet, purely residential primary home with predictable neighbors, understand that a no-restriction, short-term-rental building means transient guests in the building by design — a feature for investors, a trade-off for full-time residents.


Cost of Ownership

Beyond purchase price, budget for:

  • HOA fees: Heavily amenitized buildings with concierge, valet, and wellness programming sit at the higher end of dues. For a rental unit, model HOA as a direct drag on net yield, not an afterthought.
  • Property taxes: Miami-Dade ad valorem taxes generally run ~1.6–2.0% of assessed value annually.
  • Insurance: Condo HO-6 plus wind coverage; short-term-rental use can change your coverage needs.
  • Management and turnover: If you use the in-house program, factor its fee; if you self-manage, factor cleaning, restocking, and vacancy.
  • Deposit schedule: The publicized 40% pre-construction deposit means significant capital is committed and at risk for the build period — understand exactly what is at risk and when under Florida pre-construction law.

For an income underwrite, build the full model — gross nightly revenue at realistic occupancy, minus HOA, tax, insurance, management, and turnover — before you rely on any headline yield.


Frequently Asked Questions

Who is the developer?

The Rilea Group, a Miami-based, family-run developer. (Earlier speculation tied the project to other firms, but Rilea is the developer of record.) Architecture is by Deforma Studio, interiors by RADYCA.

Are the residences really furnished?

Yes — The Rider is delivered fully furnished and turnkey, with designer furniture, kitchenware, and smart-home systems, so units can be lived in or listed for rent from closing.

Can I rent my unit on Airbnb?

Yes — the building is marketed with no rental restrictions, permitting both short-term (Airbnb-style) and long-term rentals, with an in-house rental-management option. Always confirm the exact language in the recorded condominium declaration before buying for income, and check current City of Miami / Miami-Dade short-term-rental rules.

How many units and stories?

146 residences across a 12-story building at 94 NE 29th Street.

What do units cost and how big are they?

Pricing has been marketed from roughly the $600,000s into the $1.8M+ range, with residences from about 500 to 1,700 square feet — studios through three-bedrooms.

What's the deposit structure?

The developer has publicized a 40% pre-construction deposit. Confirm the exact staging and dates in your contract.

When will it be delivered?

Guidance has ranged from late 2026 to 2027; a ~$90M construction loan closed in late 2025. Confirm the current estimate tied to your specific unit.

Is the crypto payment thing real?

Yes — Rilea has marketed The Rider as accepting direct wallet-to-wallet crypto purchases and partnered with lender Milo on a crypto-collateralized deposit program. It's an optional financing path, not a requirement.


How to Buy at The Rider Residences

Pre-construction is a multi-year commitment with staged deposits and real tax, insurance, and HOA implications — and if you're buying for income, the underwrite matters as much as the unit. Before contracting:

  1. Confirm the live inventory, pricing, and the exact deposit schedule — the 40% structure and the public numbers should be verified unit by unit.
  2. Verify the rental policy in the recorded declaration, not just the marketing — the no-restriction language is the entire investment thesis, so read it.
  3. Model the rental pro-forma conservatively — realistic occupancy and nightly rate, minus HOA, tax, insurance, and management.
  4. Compare across Wynwood's pre-cons. The Rider is one of a cluster of new furnished / rental-friendly Wynwood condos — read our companion guides on the NoMad Residences Wynwood and the Frida Kahlo Residences Wynwood, and step back with Why Buy a Pre-Construction Condo in Miami. Each targets a slightly different buyer and yield profile.

Visit the building page for current inventory, floor plans, and to schedule a private appointment with our team.


This guide is for educational purposes. Pricing, availability, unit counts, rental policies, and project specifications are drawn from the developer's and public sources' most recent materials and are subject to change without notice. Short-term-rental rules and condominium declaration terms can change — verify them independently. Consult your real estate attorney and tax advisor before contracting on any pre-construction unit.

Tags

pre-constructionrider-residenceswynwoodluxury-condosshort-term-rentalinvestmentrilea-groupmiami-real-estate
Kyle Benjamin

Kyle Benjamin

REHub Miami

Founder of REHub Miami specializing in Miami luxury real estate.