New Tower-Ambienta Coral Way Receives Official Design Approval

On Wednesday, Ambienta Coral Way received official design approval to begin the $20 million condominium project. Ambienta Executive Vice President Carlos Balart met with Miami’s Urban Design Review Board to discuss the design and construction approval.

Ambienta Coral Way will rise 8 stories on the corner of Coral Way and Southwest 31st Road, just steps from local restaurants, nightlife, and shopping. This development will also include two retail spaces including a restaurant.

Ambienta Developers, a Chile-based development company, is responsible for Ambienta and Revuelta Architecture International is behind the design. Revuelta is also responsible for the designs of Brickell Flatrion and Santa Maria. This is Ambienta Developer’s second project, with their first being Ambienta Bay Harbor in Bay Harbor Islands.

The 79 unit tower will feature floorplans ranging from 1 to 3 bedrooms with 600 to 1,200 square feet of living space. One and two bathroom options are available. Pricing for Ambienta Coral Way will start at $390,000 and continue to increase based on floor plans and finishes.

Development Amenities:

• Gym
• Party Room
• Pool with cabanas
• Outdoor kitchen
• Kitchen facilities
• Waterfront spa
• Sauna
• Picnic Area
• Club Room
• Valet
• Deeded Beach Access

This development will replace two existing apartment buildings. Pre-sales are anticipated to begin later this year, with construction beginning in early 2022. Construction is expected to be completed by late 2024. If you or someone you know have an interest in purchasing at Ambienta Coral Way, please contact Lucas Lechuga via email at  [email protected] or by phone at (786)247-6332.

Gloria Estefan Sold Star Island Mansion for $35 Million

The Miami luxury real estate market is hot! It is so hot, that multiple real estate records have been broken in the last few months for Miami-Dade. Just last month, a luxury mansion sold for the highest price sold home in all of Miami-Dade history at $65 million.

Bay Harbor Islands also had a record-breaking sale of $12 million just last week, making it the highest sold home on all of the 2 islands. We are seeing more and more luxury residential homes sell than ever in the past few years and now we can add Gloria Estatfan’s mansion to the list!

Gloria Estefan and her husband Emilio sold their Star Island Mansion for $35 million at the end of July. The buyer for this property is unknown but according to tax records, the buyer is listed under an LLC managed by Tri Star Sports & Entertainment Group.

The gated waterfront mansion located at 1 Star Island Drive features a main house as well as a guest house situated on 1.3 acres of bliss. The two-story main house boasts 3 bedrooms, 6.5 bathrooms, rich hardwood and marble floors throughout, arched doorways, and a large refined kitchen with remarkable ocean views.

At the front of the property is the separate 3 bedroom, 2.1 bathroom guest house. The grounds also feature a pool/spa, private boat dock, tropical foliage, and palm trees providing plenty of privacy. Sean “Diddy” Combs is also the neighbor of this gorgeous estate.

Gloria and Emilio first purchased the home for $1.84 million in 1993. The property has been on and off the market since 2015 at $40 million but the last list price in 2020 was $27.9 million.

Although their house sold, they will reside in their primary home which is reported to be within proximity to Star Island.

Anheuser Busch Executive Pays Record Price for Waterfront Home in Bay Harbor Islands

Another record sale is in the books for Miami! Just this past week, an executive for Anheuser-Busch, Fued Sadala, purchased a waterfront home in Bay Harbor Islands for $12 million. This marks another record after the most recent mansion that sold for $65 million as the highest sell in Miami-Dade history.

Located at 9814 West Broadview Drive, the 8 bedroom and 9 bathroom home features 7,098 square feet of living space. The design of this modern home showcases its straight rooflines and large expanses of windows and glass doors. The expansive master suite with a sitting area, steam shower, and double walk-in closets is perfect with its Biscayne Bay views.

The open floor plan flows seamlessly throughout, opening to the large concrete patio and pool. The expansive yard makes for entertaining as well as gaining access to a private boat dock all on 0.3 acres. The property was originally built in 2002 and was last sold for $4 million in 2018.

The waterfront home was originally listed for $12.5 million and sold within 2 months. This sell is the highest sold waterfront home in the two-island town of Bay Harbor Islands.

The previous record was at $11.5 million in Bay Harbor Islands that sold in December 2020 at 9540 West Broadview Drive. Also in 2020, the CEO of Moet Hennessy sold his Bay Harbor Islands waterfront home for $8.1 million.

For more information on Bay Harbor Islands luxury homes or any of its new projects, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.