The Rider Residences in Midtown Miami Completes First Direct Crypto Condo Sale

May 26, 2025

The Rider Residences, a 12-story, 146-unit building rising at 94 NE 29th Street between Midtown and Wynwood, has recorded its first wallet-to-wallet cryptocurrency closing. An east-facing studio—391 sq ft indoors plus a 133 sq ft private terrace—sold for $528,900 via a direct Bitcoin transfer through the Kraken exchange, bypassing dollar conversions and third-party platforms.

Scheduled for delivery in late 2026, The Rider Residences embraces a 1970s–inspired aesthetic, with bold colors, textured fabrics, and glass-front balconies defining its retro-modern identity. Homes range from studios to three-bedroom layouts and feature open-plan living areas, gourmet kitchens with Bertazzoni appliances and Italkraft cabinetry, spa-style bathrooms, smart-home systems, and floor-to-ceiling windows.

Designed by Deforma Studio with interiors by RADYCA, the project also includes nearly 17,000 sq ft of ground-floor retail. Residents will enjoy amenity spaces across multiple levels: a lobby café; rooftop pool deck with restaurant and speakeasy; hi-fi listening lounge; pet spa; fitness center with Peloton and Technogym equipment; and a wellness spa offering cold plunges, IV therapy, and a Turkish hammam. Additional conveniences include 24-hour valet, EV charging stations, private garages, and a “Toybox” stocked with in-house Harley-Davidsons, Vespas, and electric bikes.

One block away, a future high-speed rail station on NE 27th Street will connect The Rider Residences to Miami’s expanding car-free transit network, linking Wynwood with Aventura, Fort Lauderdale, Boca Raton, West Palm Beach, and Orlando.

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