ONE W12 Residences Miami

One West Twelve Residences, marketed as ONE W12, is a pre-construction condominium tower at 1129 NW 1st Court in Overtown, on the northwest edge of Downtown Miami. The 2024 land sale lists the site as 105 NW 11th Terrace, part of the roughly 1.5-acre Overtown Block 19. The project is being developed by Property Markets Group (PMG), Lion Development Group and LNDMRK Development, designed by CUBE 3 and built by John Moriarty & Associates. The 245-foot, 23-story tower holds 372 residences, all delivered fully furnished and finished. Most are studios, junior one-bedrooms and one-bedrooms from 287 to 547 square feet on tower Levels 10 through 22, joined by eight two-level townhomes with one to three bedrooms from 710 to 1,249 square feet. Residences come with built-out closets, integrated kitchens with Miele appliances and Italkraft cabinetry, finished bathrooms, a built-in washer and dryer and a contemporary lighting package. The developers market short-term rental flexibility, and owners were reported at launch to be able to rent their units on a daily basis. The tower rises above a green-and-white faceted podium that holds the parking garage. Shared amenities include a rooftop garden and pool with lounge areas, a fitness center, smart-building technology, curated art installations, house cruiser bikes with storage and an Overtown-inspired lobby. At street level, chef Marcus Samuelsson of Red Rooster Overtown is planning Vibe BBQ, a ground-floor dining and lounge concept. The partners bought the site for $16.5 million in February 2024 and launched sales from $300,000 that summer. The tower broke ground in late 2025, and in December 2025 the project closed a $92.5 million construction loan from Maxim Capital Group while reported about 97 percent sold or under contract. Completion is targeted for 2028. Join the waitlist on the ONE W12 building page to ask about remaining residences and floor plans, or browse current Downtown Miami listings.