Shoma Group Buys North Bay Village Land for $15.78 Million for a Proposed Mixed-Use Project- Shoma Bay
Shoma Group, led by CEO Masoud Shojaee has recently purchased a 1.79 acre lot in North Bay Village. The development group purchased the land through two separate deals for a total of $15.78 million.
The lot located at 1850 79th Street Causeway sold for $8.38 million while the lot with a current retail building at 1872 79th Street Causeway sold for $7.4 million. Both properties were purchased with a mortgage through North Bay Finance & Investments.
The plans for the ‘Shoma Bay’ development were presented and approved by the North Bay Village in March 2021. The mixed-use development will house a 19-story tower that will include 333 residential units, 36,068 square foot approved Publix grocery store, 6,315 square feet of retail, and a 666 garage spaces. Ten of the spaces will be dedicated to electric charging vehicles, and the garage will be located on top of the Publix.
The amenities will include a pool, bowling alley, complimentary snack station, wework café, clubroom, and more to be determined.
MSA Architects are the lead designers on this project. MSA have also designed the Waverly at Surfside, Porto Bellagio, and the Marriott Miami Beach.
CitizenM at Miami Worldcenter is Getting a Rooftop Bar and Lounge – CloudM
Photo Credit: citizenM.com
Get ready for the newest and hottest Miami rooftop bar and lounge coming to the Miami Worldcenter. CloudM will be located at the new citizenM hotel in downtown Miami at 700 NE 2nd Avenue. The views will be nothing short of spectacular from Biscayne Bay to the Miami skyline and beyond!
CloudM will mirror its original location out of New York bringing a unique experience, visually and socially. Featuring an ultra-modern design with cloudM you will be able to “drink in the clouds.”
Hotel citizenM broke ground in January 2020 with top-off completed in December 2020. The hotel will feature 12-story, 351 rooms that were designed by Gensler. Construction is nearing completion and is expected to conclude in 2021.
Construction Information:
Development Manager: Miami Worldcenter
Design Architect: Concrete
Local Architect: Gensler
General Contractor: Suffolk Construction
Hotel Room Amenities:
Wall-to-wall windows
XL king-size bed
Powerful rain shower
Luxury bedding and towels
iPad room controls for lights, temperature, TV, blinds
HDTV with free movies and streaming capabilities
Hotel Amenities:
10th floor rooftop terrace
cloudM rooftop bar and lounge
Miami Heat Guard Victor Oladipo Buys Miami Beach Mansion for $7.75 Million
A two-time Miami Heat All Star, Victor Oladipo recently purchased a Miami Beach mansion for $7.75 million with an original list price of $7.9 million.
The immaculate home located in a gated community on Hibiscus Drive features 6,900 square-feet of living space on 0.33 acres. Developed by Hassan Jalali of H2 Construction, this home was originally a spec home when it was first built in 2019.
This mansion features 7 bedrooms, 7.5 bathrooms, pool, and a pool house. According to the listing agent, the home is one of the largest non-waterfront homes in Miami Beach. It doesn’t take away from the gorgeous views of the wrap around pool with unique water features.
The main floor features an open floor plan with a chef’s kitchen, formal dining room, and maid’s corner. The second floor is especially unique with two master suites and three en suite bedrooms.
Victor Oladipo played college basketball for the Indian Hoosiers where he was named Sporting News ‘Men’s college Basketball Player of the Year’, Co-‘NABC Defensive Player of the Year’, and a first-team ‘All-American’. In the 2013 NBA Draft, he was the 2nd overall pick by the Orlando Magic and was named NBA All-Rookie first team. Oladipo has also played for the the Oklahoma City Thunder and the Indiana Pacers.
New Construction Tower-Ambienta Bay Harbor Islands Plans Ground Breaking for June 2021
Ambienta Bay Harbor Islands is one of the newest condo developments in Bay Harbor Islands. Located at 9901 West Bay Harbor Drive, this 7 story and 30-unit building will feature quality craftsmanship, high-end materials, and flawless finishes that is truly awe-inspiring.
Although limited to 30 units, this tower will showcase two bedroom + den to three bedroom units ranging from 1,229 to 1,662 square feel. Upon entering the building, you will be greeted with a double-height lobby, glass façade throughout, and gorgeous gardens with tropical plants. Each unit will includes its own two parking spaces and a storage unit. The prices for these units will range from $761,000 to $1.2 million.
Construction Information:
Developer: Ambienta Developers
Architect: Revuelta Architecture International
Landscape Design: David J. Odishoo
Interior Design: Bea Interiors Design
Building Features:
360-degree Rooftop Oasis for outdoor enjoyment
Infinity-edge swimming pool
Outdoor yoga/meditation space
Children’s play area
Fully outfitted Fitness Center with cardio and weight training equipment
Resident’s social room with bar, large-screen televisions, and lounge seating perfect for events or meetings of any kind
Impressive double-height lobby with reception seating
Residence Amenities:
Two covered parking spaces per residence
Corner residences offer wrap-around terraces
High impact floor-to-ceiling sliding glass doors and windows
All bedrooms have access to expansive balconies
Walk-in closets in master bedrooms
Master bathroom with double sink, glass shower enclosure with rainfall shower head and hand shower
Expansive glass-framed outdoor terraces accessible from bedrooms and living areas
Italian kitchens with custom quartz counter tops and Italkraft® cabinetry
Bosch® appliance suite includes induction cooktop, built-in stainless steel French door refrigerator, convection oven, microwave oven, and dishwasher
Private storage available on same level as residence
Bluetooth® enabled keyless entry system with camera technology
Sales have already started on this development and it is expected to break ground in June with a top-off date of July 2022. Closings are set to begin in spring of 2023.
Barstool Sports Founder Dave Portnoy Buys Miami Mansion for $14 Million
If you’re not familiar with Barstool Sports, then you have definitely seen their videos circulating the internet. What started off as a sport’s blog in 2003, Barstool Sports quickly turned into a multi-million dollar digital media company with focuses on videos, podcasts, and blogs.
Founder of Barstool, Dave Portnoy, has recently been using his massive social media platform to travel the United States and taste test pizza on his vlog called ‘One Bite’. These posts are featured on Barstool Sports as well as his blogs. Within the past month, Portnoy has been exclusively in South Florida documenting pizza joints.
It was rumored that during his visits he started renting Floyd Mayweather Jr.’s Miami beach front property for $200,000 a month. Now, it has officially been confirmed that he purchased a bay-front Miami mansion for $14 million.
The property located at 5811 North Bayshore Drive in the Morningside neighborhood was purchased in April under the name StellaBean Holdings, LLC., named after Portnoy’s dog Stella, who passed in 2019.
Featuring 6,100 square feet of living space with nine bedrooms, eight and a half bathrooms sited on 1 acre, including a pool.
Broker-Owner of Luxe Living Realty, Dora Puig, listed the property in November 2020. Property records show that the home previously sold in 2010 for $2.2 million.
Construction Update -Estates of Acqualina Tops Off Construction
The Estates of Acqualina is a new ultra-luxury condo development currently under construction in Miami. Located at 17895 Collins Avenue, this two-tower condominium tower will comprise of 245 residences with 154 units in the south tower and 91 units in the north tower.
The incredible location on 5.6 acres features 502 feet of private beach access. Developer GSF Acquisition, LLC., includes Eddie, Jules and Stephanie Trump (not related to Donald Trump), also developed Acqualina and the Mansions at Acqualina in Sunny Isles Beach, Florida.
This new development will feature three to six-bedroom floor plans ranging in size from 2,917 to 5,573 interior square feet plus terrace. Pricing will range from $4,750,000 to $59,000,000.
Today, construction just topped off on the entire development while hosting a ceremony to mark the special occasion. In attendance was Jules Trump and wife, Stephanie. The development is scheduled for completion in 2022.
Cryptocurrency Making Headway in Real Estate – Miami’s First Development Will Start Accepting Digital Currency
The real estate market is changing and it’s happening fast! We have seen sellers accepting cryptocurrency with offers as a bargaining chip and now we have our first Miami development accepting the digital platform currency for their development.
Arte Surfside Miami Beach is the first to join the cryptocurrency movement! Arte has officially partnered with SolidBlock, a securities trading platform, to provide safe and secure transactions for buying and selling needs.
SolidBlock’s is an end-to-end platform that helps real estate developers and fund managers raise funds offering digital securities. This platform assists with ‘tokening’ assets and selling shares in exchange for cryptocurrency. They believe that helping reduce overhead costs by moving quickly as well as structuring the safety for your business needs will achieve the highest level of cryptocurrency trading satisfaction. SolidBlock was founded in 2018 and has just recently expanded to the United States.
According to the Developer for Arte Surfside, Giovanni Fasciano, “Cryptocurrency is not only viable and sustainable new asset, it’s also the future of wealth. As more technology executives move to Miami and bring cryptocurrency along with them, it is crucial that buildings start to devise plans to make blockchain transactions easier and more secure for investors…”
Arte Surfside is setting the bar for real estate transactions in Miami and we are excited to see what is in store. The future of real estate is here. Are you ready?
Top 5 Spots to Celebrate Cinco De May in Miami 2021
Cinco De Mayo is finally here and we have found the best spots in Miami to celebrate! So bring your friends and/or family and lets try them all!
La Tiendita Taqueria
La Tiendita of Wynwood features authentic Mexican foods inspired by recipes passed down from the La Tiendita ancestors. For Cinco De Mayo, they will have beer specials, margaritas specials, food specials, as well as a live DJ from 12pm-3am. Click here for their full menu.
$5 Monopolio Clara
$30 Bottle Margaritas with Don Julio
$10 Pierde Almas Mezcal Gin
$199 Bottle of Don Julio Blanco
Toro Toro
Toro Toro is one of Chef Richard Sandoval’s ‘Pan-Latin’ steakhouses. This Cinco De Mayo, get ready for a tequila tasting with Casamigos hosted food parings. The fun starts at 5pm with a four-course tasting! Click here for more information.
Four-Course Meal Features
Pan-Latin inspired Cocktail
Casamigos mezcal served with fundido de queso a la tequila and Casamigos blanco paired with cobia tiradito
Casamigos reposado paired with smoked al pastor ribs with pineapple and chayote salsa
Coffee-rubbed lamb barbacoa, patacones and avocado crema paired with Casamigos anejo
Chocolate petits fours
Pisco Y Nazca
Pisco Y Nazca is celebrating this year’s Cinco de mayo with $7 margarita specials all day long paired with their classic menu! Click here for the full menu and Cinco De Mayo celebrations!
Chica
Chica is Miami will feature a live DJ starting and 5 p.m. going until midnight. Specialty cocktails and classic food menus will make Chica a one stop for all of your Cinco De Mayo needs. Click here for the full menu.
Feature Cocktail “Tomas Estes” made with reposado tequila, rasberry liqueur, cranberry juice, agave syrup, and lime $16
Baha fish dinner special for two
Whole duck carnitas special
Tres Leches $15
Boia De & Jaguar Sun
This exclusive collaboration are teaming up for Cinco de Mayo and serving you specialty foods, drinks, and an awesome DJ. This even will take place at 7357 NW Miami Court (Lot 6) and reservations are needed. Click here for more information.
Cocktails by Jaguar Sun
Food by La Pollita By Boia De
Choco Tacos by Frice Cream
MLB Hall of Famer Mike Piazza Sells Miami Beach Mansion for $15 Million
If you need anymore convincing of how hot the Miami real estate market is, another luxury mansion just sold! It gets better because the seller is Major League Baseball Hall of Famer Mike Piazza.
Piazza listed the Miami Beach mansion in December 2017 at $18.5 million. The property located at 1401 West 27th Street, Miami Beach was recently relisted for $14.7 million with a sold price of $15 million. This 8 bedroom, 9.5 bathroom mansion features 9,438 square feet of custom finishes including Jerusalem stone floors and an Italian-inspired kitchen. A private pool, dock, and boat lift elevates the remarkable 100 feet water frontage lot.
The buyers for this incredible residence is none other than the Major Food Group’s co-founder Jeffrey Zalaznick and wife. The couple has been renting the property since October 2020.
According to tax records, Piazza paid $10 million for the home in 2008. But don’t worry, they are not leaving Miami any time soon. They still own a unit at the Ritz-Carlton Residences Miami Beach that they purchased in 2019 for $5.6 million.
Neighboring Penthouse to David Beckham is Under Contract with a List Price of $19 Million
One Thousand Museum designed by Zaha Hadid in Park West Miami has so much to offer its residences and not to mention, it is also the home of David and Victoria Beckham. Who wouldn’t want to live there!
With the current Miami real estate market, luxury condos are not staying on the market very long. So it is of no surprise that the penthouse neighboring David Beckham’s was just listed and under contract within a matter of days with a list price of $19 million.
This full-floor penthouse is located directly under David Beckham’s penthouse. Although both units feature 9,200+ square feet, the floor plans are different with the same incredible views of Biscayne Bay from the 1,020 square feet terrace.
This unit has everything including 5 bedrooms, 6.5 bathrooms, high ceilings throughout, custom Gatto Cucine Kitchen with Sub-Zero appliances, custom closets, and custom bathrooms. The entire residence has integrated smart technology that controls lighting, heating, air conditioning, audio, video, window treatments, and security.
The building is just as impressive with its double-height aquatic center with infinity pool, sky lounge and not to mention the first residential development in South Florida to have its own helipad and security vault.
Building Features
Double height aquatic center with indoor pool
The Sky Lounge provides a dramatic venue for private events for residents
Private rooftop helipad. The helipad will make nearby islands, private and commercial airports, and private yachts easily accessible
Multiple recreation areas for swimming, sunning, socializing, and fitness
24/7 specialized security and valet personnel, other on-site staff including concierge, professional management, and other specialized personnel
Custom scenting by 12.29 in all interior amenity spaces including the lobby, wellness & spa level, aquatic center, and sky lounge (can be available in residences upon request)
Bank-quality vault with individual safe deposit box for every residence, offering residents the convenience and security of storing their valuables onsite
David and Victoria Beckham purchased their One Thousand Museum penthouse for $20 million in 2020.
