Category Archives: Miami Beach real estate

Venetian Islands Waterfront Lot Fetches $6.5 Million

Just this morning, escrow was closed on a 15,750 square foot lot at 412 West Dilido Drive in Miami Beach to an unnamed businessman from Brazil. The sale included plans for an amazing 7 bedroom home with almost 8,500 square feet of living space designed by Max Strang.

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On Friday, Another New Britto Gallery Opened on Lincoln Road

Artist Romero Britto has just plopped down another one of his eponymous art galleries near the east end of Lincoln Road, longitudinally opposite his ever-so-so-slightly older (but still brand new) gallery at Lincoln Road’s west end. The new Britto Store occupies the former Ricky’s Costumes space, and as of Saturday was still missing its ‘Britto’ signage.

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Faena Selling the Twelve Penthouses of the Faena Hotel, Where a Nightclub Used to Be

In the middle of the 20th Century, when the Faena Hotel was the Saxony Hotel, a penthouse floor was added that contained a rooftop nightclub, with an exterior non-stop elevator for access from the lobby. When Alan Faena redeveloped the hotel, the decision was made to turn that level, as well as the level below, into luxury residences, and to sell them as The Residences at Faena Hotel Miami Beach.

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Anybody Want to Buy The $20 Million Penthouse Jorge Perez Said He Was Going to Retire In Before He ‘Traded Up’ a $2 Million Place In Fort Lauderdale?

When the Related Group’s One Ocean was under development, company President Jorge Perez declared he would be moving out of his large family home (in Coconut Grove, if I remember correctly) into the premier penthouse of this building. The kids were all grown up, so he and the wife were doing what empty nesters do, looking forward to retirement, and moving into a $20 million condo by the beach.

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Touring the Fasano Hotel & Residences Model Unit & Sales Center

The historic Shore Club has had a few major incarnations since it was built over 50 years ago. Having been managed by Morgans Hotels in recent years, the hotel is officially closing later this year to be converted into the first Fasano-branded hotel in the United States, the Fasano Hotel & Residences Miami Beach.

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Faena Arts Center Starts Teasing Us Early as It Nears Completion

Mid-beach’s Faena Hotel and Faena House residential tower may be done already, and making a big impression on Miamians and out-of-towners for their glamour, their theatricality, and their designs, but it’s easy to forget that those two statement-making buildings are just the first section of the larger Faena District to debut.

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Al Capone’s Miami Beach Compound Has Sold to European Soccer Agent Mino Riaola for $9M

The Miami Beach compound mobster and Mr. #1 on the FBI’s Most Wanted List, Alphonse Capone lived, and died in, when not in Chicago, has sold to European soccer agent Mino Riaola for an estimated $9 million. The actual amount has apparently not been made public. The house is located at 93 Palm Avenue, on Miami Beach’s Palm Island. Although the Miami Herald broke the news, the story appears to have been taken down from the paper’s website, which is a little odd. Curbed Miami reblogged it in time, however.

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Ross, Marshall’s, Nike, Oh My: A Lincoln Road Construction Update

Lincoln Road always seems to be a hive of construction activity, considering its sky-high retail rents and eternal popularity with tourists and locals. (even those locals who proclaim Lincoln Road is dead. Come on.) Lately, construction continues to bring large new flagship stores to the road, as well as two new, dare we say, discount big-box stores. Luckily, due to the influence of the City of Miami Beach government as well as local activists, the architecture has stayed at a fairly high bar.

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