Project Snapshot
Sales Released5959 SW 71st Street, South Miami, FL 33143
Luxury condominium tower
291 residences
15 stories (early plans cited 16)
from ~$401,000
Targeted 2026-2027; developer listed the project for sale September 2026
Alta Development LLC
Every claim on this page links to a dated public source, verified October 2026.
This site has no live MLS feed. To confirm availability at SoMi Walk Residences with Kelby, use the current listings page at /listings/, the booking calendar, or a direct call.
All of South MiamiThe project in brief
SoMi Walk Residences at a glance.
SoMi Walk Residences is a 15-story condominium tower at 5959 SW 71st Street in the City of South Miami, marketed as South Miami's first luxury condo building. Developer Alta Development LLC planned 291 residences in studios, one-bedroom, one-bedroom-plus-den, and two-bedroom layouts, with a reported price range of roughly $401,000 to $942,000 during its 2024-2025 sales period. In September 2026 Alta Development publicly listed the project for sale, so the current sales path reads Contact for current information.
Status vocabulary: Unverified, Under Construction, Completed, Pre-Construction, Sold Out, Sales Released. Prices are reported by the linked sources on the dates shown and change often; nothing here is a guarantee of price, value, or completion date.
Identity
A 15-story condo tower on the South Miami-Dadeland corridor
SoMi Walk Residences sits at 5959 SW 71st Street in the City of South Miami, a short walk from the South Miami Metrorail station and the Dadeland corridor. Alta Development LLC, led by principal Henry Pino, is the developer, with Form Group (FormGroup) Architects on the design. The tower holds 291 residences across 15 stories, with early plans citing 16 stories and some broker pages listing 248 or 310 homes; the 291-residence figure is the developer's published count.
Pricing & availability
Entry pricing in the $400,000s to $900,000s, dated 2024-2025
Reported asking prices, 2024 to 2025; historical, not current
Published pricing during the sales period ranged from roughly $401,000 to $942,000, with SoMi Magazine reporting starts in the $500,000s and one broker source listing $553,000 to $942,000. These are dated 2024-2025 figures, not current prices. In September 2026 Alta Development publicly offered the project for sale to qualified buyers, so today's price list and availability read Contact for current information and are confirmed directly with Kelby.
Architecture & design
Studios through two-bedroom layouts, roughly 600 to 880 square feet
The tower is designed around compact, walkable floor plans: studios and junior suites, one-bedroom, one-bedroom-plus-den, and two-bedroom residences running roughly 600 to 880 square feet. Form Group (FormGroup) Architects designed the building, and the project's ground-floor retail and pedestrian orientation are part of its South Miami walk-to-the-station positioning.
Amenities
Pickleball courts, a pet spa, pool, and fitness center
- Indoor pickleball courts
- Resort-style pool
- Fitness center
- Pet spa
- Business center
- Ground-floor retail in the walkable South Miami setting
Construction & timeline
Deliveries targeted 2026-2027, with the project listed for sale in September 2026
Sales Released · Targeted 2026-2027; developer listed the project for sale September 2026
The project was announced in 2023-2024 with completion targeted for 2026, and some sources cited 2027. In August and September 2026, news reports and a PRNewswire release described Alta Development offering the 16-story, 173-unit, 673-bed SoMi Walk Luxury Student Residences at 7090 SW 59th Place for sale, a separate but related Alta project in the same corridor. The exact construction and sales path for the 5959 SW 71st Street tower reads Contact for current information.
Location & access
Walkable South Miami, one stop from Dadeland
5959 SW 71st Street sits in the City of South Miami, near the South Miami Metrorail station, Sunset Place, and the Dadeland corridor. The University of Miami campus is a short drive north, and downtown Miami and Miami International Airport are both reachable within about 20 to 30 minutes by car depending on traffic.
Ownership & rules
One parking space included, unrestricted rentals reported
The official residences page reported one parking space included with purchase, and broker materials described unrestricted rental options. The current condo fee schedule, pet policy, and rental rules were not itemized in this research: those read Contact for current information and are confirmed with the developer's sales team or with Kelby.
Buying through Kelby
Representation, deposits, and the honest current read
Kelby represents buyers at SoMi Walk from first tour through closing, with buyer-agent commission typically settled at closing rather than paid by you up front. The reported deposit schedule was 10% at reservation, 10% at contract signing, 10% at groundbreaking, and 10% at the floor-slab pour, with some sources adding 10% at top-off and the balance at closing; that schedule reads as historical given the September 2026 listing of the project. Because this site has no live MLS feed, current availability at SoMi Walk is always confirmed directly with Kelby.
Project FAQs
Straight answers about SoMi Walk Residences.
Is SoMi Walk Residences still selling?
During 2024-2025 the tower was marketed with prices from roughly $401,000 to $942,000. In September 2026 Alta Development publicly listed the project for sale, so the current sales path reads Contact for current information and is confirmed directly with Kelby.
Where exactly is SoMi Walk Residences?
It is at 5959 SW 71st Street in the City of South Miami, near the South Miami Metrorail station, Sunset Place, and the Dadeland corridor.
What floor plans does the tower offer?
Studios and junior suites, one-bedroom, one-bedroom-plus-den, and two-bedroom residences, roughly 600 to 880 square feet, across 15 stories.
Is parking included at SoMi Walk?
The official residences page reported one parking space included with purchase. The current parking arrangement reads Contact for current information.
Can I rent out a unit at SoMi Walk?
Broker materials described unrestricted rental options. The current rental rules and fee structure were not itemized in this research and read Contact for current information.
Can Kelby represent me as a buyer here?
Yes. Kelby represents buyers at SoMi Walk from the first tour through closing, and buyer-agent commission is typically settled at closing rather than paid by you up front. Current availability is always confirmed directly with Kelby.
Explore around SoMi Walk Residences
The market context for this project.
Provenance
Information reviewed October 2026.
Every claim on this page is drawn from public research and linked to its dated source below. Figures such as asking prices, HOA fees, and completion dates change; where a field could not be verified it reads “Contact for current information” or “Not verified”, and the answer is one call away. Nothing on this page is a guarantee of price, availability, or completion date.
- Source
Florida YIMBY, SoMi Walk plans
May 2024: developer, address, original unit plan
- Source
SoMi Magazine, Somi Walk development
April 2025: pricing start and project profile
- Source
SoMi Walk official residences page
Parking included, floor plans, unit mix
- Source
PRNewswire, Alta offers SoMi Walk for sale
September 2026: project listed for sale
- Source
Miami Herald, student housing tower news
August 2026: Alta's related student residence project
Each source above verified October 2026
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