Miami condo developer

MCZ/Centrum

4 buildings across 3 neighborhoods · 1960–2004 · Th Floor Chicago

Developer Score

B · #21 of 33

Buildings

Residences delivered

1,342

Median asking $/sqft

$493/sqft

28% below the Miami median

/ 100

own.miami Developer Score

How MCZ/Centrum's delivered buildings perform on the same data the Building Score uses — 4 scored buildings, weighted by size, joint-venture credits at half weight.

Building quality65

Size-weighted mean Building Score of 4 delivered buildings: 65/100.

Health record44

42% of the portfolio (by size) has no adverse verified record; 1 of 4 buildings verified clean in public records.

Financeability48

Mean Financeability Index across 4 buildings with recorded lending data: 48/100.

Market performance48

Median 12-month appreciation 4% and turnover 3.2% of units a year, ranked against other developers.

Track record51

4 delivered buildings between 1960 and 2004, 0 in the pipeline, ranked against other developers.

Consistency96

Building Scores spread by ±2.2 points across the portfolio — a tighter spread scores higher.

Confidence: low (3–4 scored buildings) · as of 2026-10-31

Portfolio — 4 delivered buildings

Flamingo South Beach

1500 Bay Rd · 1960 · 20 floors

2 for salefrom $575K$796/sqft

Cité

2001 Biscayne Blvd · 2004 · 8 floors

8 for salefrom $293K$483/sqft

Parc Central East

3300 NE 192nd St · 1990 · 22 floors

23 for salefrom $289K$357/sqft

Cité on the Bay

2000 N Bayshore Dr · 2004 · 16 floors

13 for salefrom $363K$502/sqft

Verified records

1 of 4 delivered buildings have no adverse verified public record; 4 verified clean in a recent records check.

2 on watch, 1 elevated or critical.

Financeability

Mean Financeability Index 58/100; 3 of 4 buildings with recorded lending rated strong or good.

Financeability

Portfolio vs Miami

Median asking $/sqft: $493/sqft / $685/sqft
Median sold $/sqft (12 mo): $461/sqft / $619/sqft
Appreciation (12 mo): 1.4% / -0.0%

Portfolio median / Miami median of scored buildings.

By neighborhood

Neighborhood	Buildings	Median asking $/sqft
Edgewater	2	$493/sqft
Aventura	1	$357/sqft
South Beach	1	$796/sqft

Questions about MCZ/Centrum

Who is MCZ/Centrum?+

MCZ/Centrum is a Miami condo developer with 4 buildings on own.miami across Edgewater, Aventura and South Beach, delivered between 1960 and 2004.

What is MCZ/Centrum's Developer Score?+

MCZ/Centrum scores 58/100 (B) on the own.miami Developer Score, computed from the Building Scores, verified public records, financing and market performance of its 4 scored buildings.

Which is MCZ/Centrum's best-scoring building?+

Flamingo South Beach is the highest-scoring MCZ/Centrum building on own.miami, with a Building Score of 67/100.

Do MCZ/Centrum's buildings have known issues?+

1 of the 4 delivered MCZ/Centrum buildings tracked by own.miami have no adverse verified public record (liens, lawsuits, recertification or regulatory complaints).

How much do MCZ/Centrum condos cost?+

The median asking price across MCZ/Centrum buildings is $493/sqft, below the Miami median of $685/sqft.

Developers in the same neighborhoods

All developers

Source: Own.Miami Developer Score, computed from MLS data and verified public records · as of 2026-10-31 · Full methodology