Modera Biscayne Bay Construction Nears Completion with Resident Occupancy Beginning in August 2021

Modera Biscayne Bay Aerial View
Modera Biscayne Bay Aerial View

Modera Biscayne Bay in Edgewater is a 28 story tower that has neared completion. Construction originally began in 2019 but was delayed due to the pandemic. The tower topped off construction in May and began pre-leasing shortly after.

According to the developer, Modera has leased 45% of its units within the first month of pre-leasing. Starting in August, the new residents can begin to move in.

Modera Biscayne Bay Tower

Rising 28 stories, Modera Biscayne Bay is located at 2150 N. Bayshore Drive in Edgewater. Modera is set at a prime location near shopping, dining, and entertainment. According to Mill Creek Residential, the project will include a new walking connection from Bayshore Drive to 22nd Street underneath Modera.

Mill Creek Residential is the developer for this project and Corwil Architects is responsible for the design.

The mixed-use tower features 296 apartments, 11,000 square feet of retail space, and an 8-story parking garage with 425 spaces.

Building Amenities:

  • ROOFTOP HOTEL-INSPIRED POOL
  • 27TH FLOOR BAY VIEW OUTDOOR TERRACE
  • CLUBROOM WITH DEMONSTRATION KITCHEN, GAME AREA, PRIVATE LIVING AND DINING AREAS FOR ENTERTAINING, AND SEPARATE CATERING KITCHEN
  • CLUB-QUALITY FITNESS CENTERYOGA/PILATES STUDIO WITH VIRTUAL FITNESS CLASSES ON DEMAND
  • UNOBSTRUCTED VIEWS OF THE OCEAN IN THE LOUNGE
  • OUTDOOR GRILLING AREA
  • INTERNET LOUNGE AND PRIVATE OFFICES
  • CONFERENCE ROOM
  • GOURMET COFFEE BAR
  • 24-HOUR SELF-SERVICE PACKAGE LOCKERS
  • ADDITIONAL STORAGE
  • BIKE STORAGE
  • PARKING GARAGE
  • PET SPA

Residence Features

  • 1-, AND 2- AND 3-BEDROOM APARTMENT HOMES (DEN AND PENTHOUSE ALSO AVAILABLE)
  • QUARTZ COUNTERS WITH TILE BACKSPLASHES IN THE KITCHEN
  • STAINLESS STEEL ENERGY STAR APPLIANCES
  • TILE FLOORING
  • FULL-SIZE WASHER AND DRYERKEY FOB ENTRY SYSTEM
  • BAY VIEW BALCONIES
  • WIFI PROGRAMMABLE THERMOSTATS
  • WALK-IN CLOSETS WITH MASTER CLOSET LUXE UPGRADES
  • WINE STORAGE
  • BUILT-IN SHELVING AND DESK AREAS
  • MOVABLE ISLANDS
  • 15-FOOT CEILINGS
  • DOUBLE VANITIES

For more information on Modera Biscayne Bay or any other towers in Edgewater, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Modera Biscayne Bay Garage View

Waterfront Mansion in Coconut Grove Breaks Record at $65 Million

Coconut Grove Mansion Sells for $64 Million
Coconut Grove Mansion Sells for $64 Million
Photo Credit: Pacheco-Martinez & Associates

A new record is in the books for Miami-Dade home sales. A waterfront spec mansion just sold for $65 million. Located in Coconut Grove, this home is the highest price sold residential home in Miami-Dade County history.

According to tax records, the property was traded for $50 million but multiple sources stated the home actually sold for $65 million which included the cost of completing construction on the home.

The home is located at 3488 Saint Gaudens Road and was sold by a company that is managed by Isaac Perez. According to the Real Deal and Tampa Bay Times, Isaac Perez is a longtime Key Biscayne resident who is an heir to a Venezuelan oil fortune.

The buyer is unknown but does have a Delaware LLC. Perez’s sister is also listed as the manager of the company.

The estate features 3 parcels totaling 4.3 acres with a pool deck, jacuzzi, boat dock, and outdoor entertaining space with a waterfall.

The lots were originally a part of a larger property that Perez purchased for $18 million in 2013. The 4th lot that a new mansion was built on was separated and sold a year ago for $6.2 million.

The transaction was financed with a $20 million loan from the Maxim Credit Group. This record sale passed the $50 million 2019 sale of the estate at 3 Indian Creek Island Road.

Own this Multi-Million Dollar Home in Miami for Free

Win this Miami Home
Win this Miami Home
Photo Credit: Omaze

A for-profit fundraising website, Omaze has partnered with the Charities Aid Foundation, and Make-A-Wish Foundation to raffle off a 7 bedroom, 6 bathroom home in Kendall, just south of downtown Miami.

The property last sold in April 2021 and is currently valued at $2.6 million and you can own it for free. According to the Omaze website, it doesn’t cost anything to enter but if you would like additional entries and a greater chance to win, then the entrant can purchase additional entries.

Five additional entries equal $5 but $150 can get you 2,000 entries. The more you pay, the more you play. The amount of entries is limited to 6,000 per person. The proceeds from the purchase go towards the Charities Aid Foundation who will then distribute the funds to the Make-A-Wish Foundation of America.

This specific raffle will go towards helping 9-year-old Khushi who is currently battling cancer in her dream to become a princess. In a statement, Omaze stated they will only keep 15% of the contest revenue for operating costs.

The home is located at 8100 SW 96th Street and features 6,060 square feet of living space. Photos of the home show a gated property opening to the modern-style home with vaulted wood ceilings and a covered patio.

Interior Home from Omaze
Photo Credit: Omaze

Home Amenities:

  • Greeting room with wet bar
  • Designer kitchen with a Wolf gas range, double ovens, subzero refrigerator, Miele coffee maker, Neff cabinets, Silestone countertops, and a large island
  • Luxurious master suite with a sitting area, private terrace overlooking a pool, two walk-in closets, and an “amazing” master bathroom
  • Office
  • Private upstairs studio apartment
  • Heated pool and spa area with a kids’ wading area
  • Outdoor kitchen with grill area
  • Elevator
  • Savant smart home automation system
  • Metal roofing
  • Porcelain floors throughout
  • Generator-ready electrical system
  • Two-car garage

The deadline to enter the Omaze raffle is December 18, 2021, and the winner will be announced in early January 2022. If the winner decides to forgo accepting the prize, a cash option of $1.8 million is available which will be paid in installments of $150,000 for 12 months.

Plans for Aria Reserve Towers Officially Approved

Aria Reserve Miami Rendering
Aria Reserve Miami Rendering

Miami’s Urban Development Review Board voted last Wednesday on approval for Aria Reserve in Edgewater. Approval was received from Miami’s Planning Department and was key in beginning the first steps of the twin tower construction project.

Sales for Aria Reserve South tower began last month, and according to the developers, the Melo Group, condo sales are strong. With over 20% of the units already reserved, they are expecting an increase in sales.

Rising 60 stories at 627 feet, Aria Reserve features two towers and will be considered the tallest residential twin towers in the United States. Each tower will feature around 390 units and 1,608 parking spaces.

Units are starting at $750,000 and the 15 penthouses are starting at $12 million. Units will feature 1 to 4 bedroom floor plans with 1,100 to 2,600 square feet of living space. The penthouses will range from 3,500 to 9,000 square feet, each with a 3-car garage.

Tower Amenities:

  • 2-acre recreation deck
  • Lap pool and spa
  • Gaming center
  • Playground
  • Tennis courts
  • Basketball courts
  • Paddle courts
  • Miniature golf course
  • Wellness center
  • Gym
  • Meditation Garden

Residence Features

  • Unobstructed views of Biscayne Bay and Ocean
  • Finished residences with two flooring options
  • All residences include 2 high-speed elevators
  • All residences include an office/media room
  • All residences are sunrise-sunset flow-through from East to West
  • 3-month seasonal rentals allowed up to 4 times per year

Based on market demand, the Melo Group with determine whether to begin sales for tower 2. Construction of Aria Reserve south tower should begin in the spring of 2022 with an anticipated completion date of 2024. If you or someone you know have an interest in purchasing at Aria Reserve, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

District 225- Formerly Named The District-Have Officially Launched Sales

District 225 Condos
District 225 condos in Downtown Miami

District 225 is an innovative pre-construction development that will soon grace the Miami skyline. What makes this project unique is its home-sharing capabilities as well as its resort-style amenities.

District 225 Condos

Located at 225 and 233 N. Miami Avenue in downtown Miami, this 37-story tower will feature 343 fully furnished units that cater to short-term renters. The site is near Miami-Dade College and the Federal courthouse. Just two blocks east is the Government Center transit station. There is currently a 15,000 square foot retail building located on the property but once demolished the construction will begin.

The Related Group, Rovr, and BH group are working together on District 225. Siegler Suarez Architects partnered with Meshberg Group will be responsible for the design.

District 225 Rooftop Pool

Along with 343 units, District 225 will not have a parking garage. To alleviate some consumer hesitancy, residents will have close access to public transportation as well as nearby city garages where residents can rent spaces.

District 225 will total 288,400 square feet with studios to 2 bedroom floor plans. Studio pricing will begin around $350,000 up to $700,000 for the 2 bedroom floor-plans. There will also be 2,297 square feet of commercial space located on the main floor.

District 225 Amenities

  • Rooftop pool
  • Fitness center
  • Indoor/outdoor basketball court
  • Racquetball court
  • Rock-climbing wall
  • Yoga/spinning studio
  • Coworking spaces
  • Lounge with billiard tables
  • Summer kitchen

Residence Amenities

  • Views of Biscayne Bay and Miami skyline
  • Fully finished and furnished studios, one-, and two-bedroom residences
  • 9.8-foot-high ceilings
  • Smart-home technology experience for seamless personalization with the touch of a button
  • Interiors designed by award-winning interior design firm Meshberg Design
  • Fully built-out closets in all residences curated by Meshberg Design
  • Includes integrated audio, video, window treatment, and lighting systems
  • Equipped with a contemporary lighting package, including recessed lighting, dimmers, and lighting control
  • Built-in, top-of-the-line washer and dryer
  • Flooring selections included with specifications recommended by Meshberg Design
  • Pre-wired for high-speed communications and data connection
  • Kitchens featuring custom Italian cabinetry curated by Meshberg Design
  • Smeg appliance package including an integrated, paneled microwave; dishwasher; built-in convection oven; and refrigerator/freezer
  • Master baths featuring rainfall showerhead and custom Italian vanities
  • Dornbracht and Duravit bathroom fixtures, features, and accessories

If you or someone you know have an interest in purchasing at District 225, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

District 225 Basketball Court
District 225 Shared Office Space

The Next Steps: After the Champlain South Tower Collapse

Champlain Tower South
Champlain Tower South

In the wake of the condo collapse at Champlain Towers South, we are starting to see a shift in homeowner association infrastructure reporting as well as maintenance. Towns and local governments ordered immediate inspections and updated reports on older towers.

Miami/Dade County ordered inspections on towers older than 40 years of age. Miami Beach ordered an additional and immediate building inspection on all of their towers since the collapse.

Aventura, Florida is one of the only cities in Florida to pass an ordinance requiring condo associations to provide the officials with engineering and architectural reports within 24 hours, when requested. These reports will include concerns electrical, structural, or life safety concerns and on an annual basis.

According to the city press release, associations that do not comply with the new guidelines will be fined up to $500 a day and up to 60 days in prison.

This new ordinance was passed on Thursday and was sponsored by the Mayor of Aventura, Enid Weisman. The ordinance will become law once it receives a second approval.

Mayor Weisman stated, “There is nothing more important than ensuring the safety of the residents of Aventura. Requiring that reports indicating potential dangers to our residents are provided to the city will create transparency and help us to ensure the structural and electrical integrity of our residents’ homes.”

A second meeting is scheduled on August 10, 2021, to officially vote on the new ordinance.

We are encouraged by the actions of Aventura Florida and we hope to see the same ordinances and guidelines for all of Florida.

BVLGARI is Expected to Launch its First US Hotel Location in 2024 in Miami Beach

Bvlgari is Opening its First US hotel location in Miami
Bvlgari is Opening its First US hotel location in Miami

Bvlgari is known for its one-of-a-kind luxury products but that isn’t limited to its line of watches and accessories. They also have 11 branded hotels in Milan, London, and Dubai, just to name a few. With their recent expansions in Moscow and Paris, the brand has also decided to open its first location in the United States at none other than one of the hottest cities in the country, Miami Beach.

Located at 100 21st Street, the hotel will be waterfront with direct Miami beach access. The location will place Bvlgari just a few steps from the Miami Art Deco district. Bvlgari originally purchased the property for $140 million.

Because of its location, the project was recent approved by the Miami Historic Preservation Committee. Bvlgari Hotel will feature its signature Italian luxury brand while still celebrating its 1950’s style and historical significance.

The Italian architectural firm Antonio Citterio Patricia Viel will be finalizing the design and restoration of the property in the coming months. The hotel will feature 100 rooms with most of them suites, a spa, outdoor pool, fitness amenities, a restaurant by Chef Niko Romito, and a Bvlgari branded bar.

According to the CEO of Jean-Christophe Babin, “We are particularly proud to have secured such an extraordinary location for the new Bvlgari Hotel in Miami. This will be our first property in the United States which is a key market for our Brand and we are delighted to add the vibrant and glamorous Miami Beach to our Collection.”

Bvlgari Hotels & Resorts is expected to begin construction in quarter 4 of 2021 with an anticipated opening date in 2024.

Miami will be the First Test Market for Lyft’s Self-Driving Cars

Lyft is now offering self-driving cars in Miami
Lyft is now offering self-driving cars in Miami

Lyft has been competing with Uber since it first launched its services in 2012. Now Lyft has the upper hand in the market because for the first time ever, Lyft will be launching a self-driving ‘robotaxi’ services in Miami.

Lyft has partnered with Argo AI, an AV startup that is backed by Volkswagen and Ford to bring artificial intelligence into ride-sharing. Launching in Miami later this year and Austin, Texas next year.

According to the press release today surrounding the partnership and ride-sharing initiative. Ford has promised to bring full-scale autonomous vehicles for the public that could make more reliable predictions than other self-driving cars on the market. For this self-driving car, Ford has built a vehicle without a steering wheel or pedals, but there are currently no renderings or photos available.

During the transition, Ford along with Argo will be inviting members of the general public to ride in autonomous vehicles for consumer testing. The first fleet of cars to start in Miami will feature less than 100 cars. According to Argo, they expect to have more than 1,000 vehicles across several markets in the U.S in the next 5 years.

The technology itself has been tested in Miami for several years prior to this announcement. According to the press release, these vehicles will be available on the Lyft platform in Miami by the end of the year. The vehicles will include 2 ‘safety drivers’ in the front and passenger seats.

Argo is also is preparing to launch an autonomous delivery service with Volkswagon in Germany by 2025.

Related Group CEO Lists Coconut Grove Mansion for $33 Million

Coconut Grove Miami
Coconut Grove Waterfront Mansions
Photo Credit: The Jills Zeder Group

Related Group’s CEO Jorge Pérez, also known as the “Condo King,” recently listed his Miami home for $33 million. Located in Coconut Grove at 3323 Devon Court in Huges Cove, a gated community south of downtown Miami. Huges Cove features a total of 10 homes, each with custom architecture overlooking Biscayne Bay.

The Venetian-style mansion is sited on 0.92 acres with over 8,000 square feet of living space. With 6 bedrooms and 7 bathrooms, this unique home was built in 1996 as the family home of Pérez. The Venetian style is evident throughout with its beige travertine floors, light, and airy feel throughout, as well as classic touches of Italian artistry.

Related Group Sells Coconut Grove Mansion
Photo Credit: The Jills Zeder Group
Waterfront Mansion with Firepit
Photo Credit: The Jills Zeder Group

The property is truly a dream with resort amenities, including an infinity pool, spa, and gardens all on 482 feet of water frontage. The property also features exclusive water rights, a boat dock, and incredible views of Biscayne Bay.

According to tax records, Pérez originally purchased the home for $1.45 million in 1994. More recently, Pérez has sold his Apogee Beach penthouse for $6 million as well as the Related Group sold their Miami headquarters for $24 million.

3323 Devon Ct, Miami, FL 33133 in Coconut Grove
Photo Credit: The Jills Zeder Group

The Related Group is a development company that started in Miami in 1979. Over the years, they have built iconic towers that have enhanced the Miami skyline. Related has built and managed over 100,000 condo towers. Their current projects include; They are currently working on 1400 Biscayne, District 225, and Baccarat Residences Miami.

If you or someone you know have an interest in purchasing any of the Related Group units, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Master Bedroom in Coconut Grove Mansion
Photo Credit: The Jills Zeder Group

Gordon Ramsay is Set to Open his First South Florida Restaurant in South Beach

Gordon Ramsay will Open His First South Florida Restaurant
Gordon Ramsay will Open His First South Florida Restaurant

London-based Asian-infused restaurant Lucky Cat is making its way to South Beach, thanks to Gordon Ramsay. The celebrity and Michelin-starred Chef recently signed a lease for the restaurant in the South-of-Fifth neighborhood.

Lucky Cat will be located at 119 Washington Avenue on the ground floor of the Yukon building. According to the listing, at 9,000 square feet, the space was asking for $75 per square foot for 10 years. Other noteworthy restaurants that are within walking distance include; Prime 112, Carbone, and Joe’s Stone Crab.

The restaurant itself will feature Ramsay’s classic open kitchen, private dining rooms, raw bar, chef’s table, and a lounge. You will also be able to enjoy some of Lucky Cat’s classic recipes like spiced Herdwick lamb chops, Lucky Cat Oscietra Caviar, Monkfish Tikka Masala, and much more!

Gordon Ramsay's Lucky Cat Restaurant
Photo Credit: Sim Canetty-Clarke

RAW & SALADS

  • CHIRASHI  DONBURI chopped egg, ikura, shiso soy
  • AVOCADO  DONBURI chopped egg, shiso soy
  • TUNA BELLY & SHISO TT green mango, chilli relish
  • RARE BREED BEEF  TATAKI truffle ponzu, wild herbs
  • SLICED YELLOWTAIL wasabi leaf & apple
  • SASHIMI SELECTION salmon, yellowtail, akami, chutoro
  • LUCKY CAT OSCIETRA CAVIAR 15G, koffmans potato chips, wasabi cream

FISH & MEAT

  • DRY AGED CHAR SIU PORK CHOP nashi pear, crackling
  • WEEPING TIGER rare breed dry aged 250g rib eye, coriander, lime
  • SPICED HERDWICK LAMB CHOPS chilli sauce, tofu cream
  • 1KG RARE BREED  T-BONE smoked bone marrow & black garlic sauce
  • PRESSED PORK BELLY SKEWERS nikka whisky, yuzu mustard
  • BBQ NORFOLK CHICKEN tandoori marination, lime
  • OX HEART & BACON SKEWERS sweet soy & shichimi
  • MONKFISH TIKKA MASALA tomato gravy
  • OCTOPUS & SMOKED EGGPLANT sweet roast onion, fragrant herbs
  • DAY BOAT BBQ MACKEREL black vinegar, smoked olive oil

BUNS & DUMPLINGS

  • PORK & GINGER GYOZA spiced black vinegar
  • SHRIMP & HERB DUMPLING brown butter soy
  • BEEF & SMOKED MARROW PUFF smoked hot sauce
  • BONITO FRIED DUCK BAO spicy hoi sin, pickled cucumbers
  • TOFU & SPICY AVO BAO
  • SMOKED BRISKET BAO yuzu mustard, pickled cucumbers

VEGETABLES, RICE & NOODLES 

  • PADRON PEPPERS holy basil
  • BBQ CORN smoked ponzu cream
  • MAITAKE & SUMMER TRUFFLE
  • STEAMED RICE
  • SWEETCORN XO RICE
  • SWEETCORN & CRAB XO RICE
  • SZECHUAN & CASHEW NOODLES

Gordon Ramsay has many restaurants in the United States including Atlantic City, Orlando, Baltimore, Lake Tahoe, and Las Vegas. This will be his first-ever South Florida restaurant. The Lucky Cat is expected to open in the fall of 2022.

Lucky Cat Set to Open in South Beach
Photo Credit: Londonontheinside.com