St. Petersburg, FL, Oct. 06, 2025 – Belpointe PREP, LLC (NYSE American: OZ) announced today that leasing has officially begun at its VIV mixed‑use development in downtown St. Petersburg, Florida. The 269‑unit project has received Temporary Certificates of Occupancy for all units, paving the way for move‑ins to start in November 2025.
The announcement notes that multiple leases have already been signed and that hundreds of prospective residents have expressed interest ahead of the leasing launch. VIV is professionally managed by Bozzuto Group, a nationally recognized property‑management firm, and features premium amenities and ground‑floor retail in a rapidly growing urban area.
This milestone marks the first revenue‑generating phase for VIV, transitioning the property from construction to operational status. The move‑in schedule and early lease activity are expected to accelerate rental income, support the company’s development pipeline, and enhance investor confidence in the firm’s opportunity‑zone strategy.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.