E11EVEN Hotel & Residences: Closings Start This Month—And 11/11 Would Be Iconic

drone photo of E11EVEN Hotel & Residences

Closings at E11EVEN Hotel & Residences begin this month, marking a major milestone for this 65-story Park West landmark now in its final phase before full activation. The tower will deliver 479 fully furnished and finished luxury residences ranging from studios to two-bedroom layouts, along with a Limited Penthouse Collection and two Presidential Suites—each featuring a private indoor pool.

While buyers will soon receive their keys, the full 24/11 lifestyle experience—including the hotel, spa, 20,000-square-foot day club, and rooftop restaurant & nightclub—is expected to launch in phases toward year-end. Judging by the current state of the expansive pool deck and entertainment venues, it appears several months remain before full activation. And given E11EVEN’s affinity for headline-making dates—most notably its 11/11/2021 groundbreaking—one could imagine November 11, 2026 as a fitting moment for a grand opening celebration.

E11EVEN Hotel & Residences grand opening party

A $2 Million Grand Opening Party with a Grammy-Winning Artist?

While there’s no official confirmation on this, I’ve heard from sources that a Grammy-winning artist will be headlining the grand opening party—a grand opening party where the developer is spending $2 million. My sources also shared it’s an artist who absolutely LOVES Miami.

Now, perhaps I’m being a bit hopeful because I’m a HUGE fan, but if I had to venture a guess, I’d put my money on Drake being the headlining performer at the E11EVEN Hotel & Residences grand opening party. He’s a 5-time Grammy-award-winning artist, he absolutely crushes on Miami (often paying tribute to the 305 in his songs), and has performed at E11EVEN Miami seven times, beginning with his debut on New Year’s Eve 2015/2016 and notably highlighting that he created the club’s famous center stage. If my hunch is true, let’s just say this grand opening party will be the must-attend event of 2026!

rooftop restaurant and nightclub at E11EVEN Hotel & Residences

Riviera Dining Group Elevates E11EVEN: HONŌ Rooftop & Nightclub

Adding serious credibility to the building’s nightlife future is Riviera Dining Group, the powerhouse hospitality brand behind MILA—the 2025 highest-grossing independent restaurant in America.

At E11EVEN Hotel & Residences, Riviera is set to debut HONŌ Japanese Steakhouse, paired with a rooftop nightclub experience. If MILA transformed South Beach dining, HONŌ could do the same for Park West—bringing world-class culinary programming and a sky-high nightlife concept to the 65th floor.

This isn’t just another restaurant opening. It’s a vertical lifestyle expansion.

Fireman Derek's Bake Shop

Fireman Derek’s Bake Shop—Late-Night Sweet Spot

In even more delicious news, Fireman Derek’s Bake Shop—famous for pies, cakes, cookies, and ice cream—will open its fourth location in the lobby of E11EVEN Hotel & Residences.

With beloved storefronts in Wynwood, Coconut Grove, and Fort Lauderdale, this Park West addition makes perfect sense. Located within the small 24-hour liquor license zone around 11th Street in Park West’s Entertainment District, Fireman Derek’s will be ideally positioned to serve late-night cravings—just steps from the elevator.

For a neighborhood built around nightlife, that’s a strategic move.

20,000 square foot day club at E11EVEN Hotel & Residences

E11EVEN: Miami’s Next Lifestyle Magnet

E11EVEN Hotel & Residences is more than a building—it’s a vertical entertainment ecosystem.

A 20,000-square-foot day club with DJ programming.
A rooftop restaurant and nightclub.
A hotel component.
A spa and wellness experience.
A beach club.
Fully furnished residences designed for short-term flexibility.

For years, global jet-setters have flown into Miami just to experience E11EVEN Miami’s ultraclub. Soon, they’ll be able to stay next door—inside a 65-story lifestyle tower built to operate 24/11.

Whether or not 11/11/2026 becomes the official launch date, one thing feels certain:

Park West is about to change.

The countdown begins.

Palantir Moves Headquarters to Miami: What the Big Tech Relocation Means for Florida and Beyond

Downtown Miami skyline

Downtown Miami skyline

Palantir Technologies Inc. has officially announced that it will relocate its corporate headquarters from Denver, Colorado, to Miami, Florida — a move that instantly makes headlines across business and tech media. The decision, announced earlier today via the company’s X (formerly Twitter) account, places one of the world’s most influential data analytics and AI firms squarely in the spotlight of the burgeoning South Florida tech ecosystem.

Why Miami? The Rising Appeal of South Florida for Tech Firms

Miami has become one of the fastest-growing tech and innovation hubs in the United States. Once seen as a vacation destination, the region has attracted technology companies, venture capital, and business leaders over the past several years — thanks to business-friendly policies, tax advantages, and a growing entrepreneurial ecosystem. Palantir’s decision to relocate underscores this broader trend, joining other major firms that have either expanded into Florida or shifted key operations there.

Local officials and tech champions argue that Miami’s growth is no accident: the region has pursued economic incentives, lower corporate tax burdens, and a lifestyle appeal that many founders and executives find attractive compared to traditional tech centers like Silicon Valley or New York. Investors and wealthy business leaders — including Palantir Chairman Peter Thiel, who has expanded his own operations in Miami — have been instrumental in this shift.

From Denver to Miami: The Latest Chapter in Palantir’s Journey

Palantir’s headquarters relocation marks the second major corporate move within a decade. The company was previously headquartered in Palo Alto, California, before relocating to Denver in 2020 amid concerns over Silicon Valley’s cultural climate. The recent relocation to Miami reflects a continuation of Palantir’s strategic repositioning in places with favorable business climates and active recruitment of tech leaders.

While the official announcement was brief — “We have moved our headquarters to Miami, Florida,” — details about the impact on staff, office footprint, job creation, or specific Miami office locations have not yet been disclosed. Given the prestige of Miami’s financial district, Brickell, where the upcoming Citadel Tower will rise, or the fast-growing Wynwood tech hub, where 545 Wyn already hosts Sony Music, PwC, Gensler, and Milo—Palantir’s next move could elevate either location even further. It also remains unclear whether the company will maintain a significant Denver presence going forward.

Economic and Community Reactions: Business Boost vs. Local Concerns

The reaction to Palantir’s relocation has been mixed across communities:

  • Miami and business advocates have celebrated the move as a major win for Florida’s economic development and tech reputation.
  • Denver community members and critics cited local protests and controversies tied to Palantir’s government and immigration agency contracts as part of the context around the departure.

Economists and analysts will be watching how this move influences job markets, corporate investment trends, and regional competition among U.S. tech hubs.

Palantir’s Strategic Future: Growth, Innovation, and Market Trends

Palantir remains a major player in data analytics and government contracting, with a portfolio of software platforms used by governments and corporations worldwide. Moving the headquarters to Miami positions the company in a region actively pursuing innovation and business growth, potentially opening new avenues for partnerships and talent acquisition.

As Miami solidifies its status as a technology and business magnet, analysts see Palantir’s move as part of a larger story: the ongoing reshaping of where tech firms choose to locate and scale. This has implications for investors, employees, local economies and the broader narrative of American tech innovation in 2026 and beyond.

A Defining Shift

Palantir’s announcement that it has moved its headquarters from Denver to Miami is a defining moment for the company and significant validation of Miami’s rising tech stature. While many questions remain — including specifics about operations, job impacts, and longer-term strategy — today’s news highlights continuing shifts in corporate geography driven by economic incentives, lifestyle choices, and industry evolution.

Miami Ranked the #1 Buyer’s Market in the United States

condo buildings in Brickell

condo buildings in Brickell

Miami just landed at the top of a nationwide ranking of America’s strongest buyer’s markets—an attention-grabbing shift for a city known for fast-moving deals, luxury demand, and competitive pricing. In new Realtor.com research based on months of supply as of October 2025, Miami ranks #1 in the U.S. for buyers, signaling more inventory and more negotiating leverage than many shoppers have seen in years.

What “Months of Supply” Really Means (and Why It Matters in Miami)

Realtor.com’s economists ranked the top markets by months of supply, a metric estimating how long it would take to sell all listed homes (including pending listings) at the current sales pace. Markets with more than six months are considered buyer’s markets because inventory is high relative to demand—giving buyers more leverage.

Miami Takes the Top Spot Nationally: 9.8 Months of Supply

Miami leads the entire list with:

  • Median listing price: $500,000
  • Months of supply: 9.8

The report also notes that Miami inventory has been increasing for nearly four years, expanding buyer choice and pulling more sellers into the market.

How Miami Compares to Other Major U.S. Buyer’s Markets

Miami isn’t just “strong”—it’s the strongest. Here’s how the top tier stacks up:

  • Miami, FL: 9.8 months (Median list: $500,000)
  • Austin, TX: 9.5 months (Median list: $462,000)
  • Pittsburgh, PA: 8.6 months (Median list: $240,000)
  • Orlando, FL: 7.4 months (Median list: $415,500)
  • New York, NY: 7.1 months (Median list: $749,939)

Miami’s lead over Austin is narrow, but the headline is clear: Miami is #1 in the nation on this measure.

Why Miami Feels Like a Buyer’s Market Right Now

A Miami agent quoted in the report says buyers are acting differently: taking more time, asking for repairs or credits, and negotiating prices down—especially for properties needing work or located in HOA communities with high fees.

That tracks with what many Miami buyers are experiencing on the ground: less urgency, fewer “must-overbid” scenarios, and more willingness from sellers to deal—particularly when a listing has sat.

Florida Is Overrepresented on the List (and That’s a Big Signal)

Florida accounts for four of the top 10 buyer’s markets:

  • Miami (#1) – 9.8 months
  • Orlando (#4) – 7.4 months
  • Tampa (#6) – 7.0 months
  • Jacksonville (tied #8) – 6.5 months

Realtor.com attributes this to growing supply and softening demand as affordability pressures push some buyers to the sidelines, while new construction continues adding inventory.

What Miami Buyers Should Do With This in 2026

If you’re shopping in Miami, this is the kind of market where strategy matters more than speed:

  • Target listings with longer days on market (often more flexible sellers)
  • Ask for credits/repairs (the report suggests buyers are successfully doing this)
  • Be extra HOA-smart (fees can make or break negotiating leverage)
  • Negotiate terms, not just price (closing costs, timelines, contingencies)

If you’re considering buying in Miami, now may be one of the most strategic moments in recent years. Explore available listings, compare neighborhoods, and start your search today at MiamiCondoInvestments.com.

Seventeen Gables Secures $60 Million Construction Loan

Seventeen Gables condominium

Seventeen Gables condominium

BAM Development and Ascendra Capital have officially secured a $60 million construction loan for their highly anticipated Seventeen Gables condominium project in Coral Gables, signaling immediate movement on the luxury residential development.

Major Financing Secured With Dwight Mortgage Trust

The project’s $60 million construction loan was sourced through Dwight Mortgage Trust, an affiliate of Dwight Capital. The financing team included David Scheer and Alex Izso, while Filler Capital represented the development partnership in structuring and securing the transaction.

Locking in construction financing at this stage is a meaningful milestone, particularly in today’s tighter lending environment. With funding in place, the development team has significantly reduced execution risk — a factor that should provide reassurance to prospective buyers evaluating the project.

Prime Coral Gables Location and Immediate Construction

Seventeen Gables is located at 1715 Douglas Road, close to the heart of Coral Gables with walkable access to Miracle Mile, local dining, shops, and less than 20 minutes to Brickell and Downtown Miami.

Construction is set to begin immediately following closing on the financing, with site work and vertical build-out underway as sales continue concurrently.

Upscale Residences with Contemporary Design

The eight-story, 120-unit condominium will feature a mix of one-, two-, and three-bedroom residences. Designed to blend classic Coral Gables architecture with modern layouts and finishes, most units are expected to be priced from the mid-$600,000s to under $1 million—a notable entry point for new luxury developments.

Interior design is led by Asprea Studio/Karen Asprea, and architectural plans are by Caymares Martin A&E Design.

Seventeen Gables Amenities

The development will offer a robust suite of resident amenities, including:

  • Resort-style pool
  • Fully equipped fitness center
  • Sauna
  • Club room and social lounge
  • Children’s playground
  • Half basketball court
  • Conference room
  • Assigned parking

This mix of amenities aligns with lifestyle expectations for luxury condominium living in Coral Gables.

What This Means for Coral Gables and South Florida

The Seventeen Gables project highlights continued demand for well-positioned, amenity-rich residential developments in Coral Gables and the broader South Florida condo market. With financing now secured and construction set to commence, this project underscores investor confidence and buyer interest in high-quality housing options near established shopping, dining, and cultural destinations.

Sneak Peek at Una Residences as Closings Set to Begin This Month

Una Residences in Brickell with direct bay and ocean views

Una Residences in Brickell with direct bay and ocean views

Closings are set to begin this month at Una Residences, the 45-story, 135-unit luxury waterfront condominium in South Brickell developed by OKO Group and Cain International and designed by Adrian Smith + Gordon Gill Architecture (AS+GG).

Rising directly along Biscayne Bay, Una offers expansive two- to five-bedroom floor plans with sweeping water views and private elevator access in most residences. The tower is crowned by two extraordinary triplex penthouses, each featuring a private rooftop terrace and swimming pool — among the most exclusive residential offerings on the Miami waterfront.

With construction complete and interiors finalized, the building now transitions from development milestone to residential occupancy — and newly released drone photos offer a striking first look at Una in its finished form.

Una Residences subterranean parking garage

A Sculptural Waterfront Tower with Rare Engineering

The new drone images highlight:

  • Una’s elegant curvature and rippling glass terraces
  • Its elevated pedestal and landscaped bayfront setting
  • Unobstructed views of Biscayne Bay and the Atlantic Ocean
  • A rare deep underground parking garage — particularly notable in Miami’s high water table environment

Unlike many towers in Miami that rely on above-grade parking due to sea-level constraints, Una features one of the city’s deepest underground parking garages. This engineering achievement required advanced waterproofing and structural planning given Miami’s proximity to Biscayne Bay and high groundwater levels — a notable differentiator for residents who value protected, secure parking.

aerial view of Una Residences in Brickell

A Global Architectural Pedigree Arrives in Miami

Una Residences is the first Miami residential tower designed by Adrian Smith + Gordon Gill Architecture (AS+GG) — a firm recognized internationally for its elegant yet performance-driven architecture. The firm also developed 830 Brickell, a recently completed Class-A office tower in Brickell.

Adrian Smith, before co-founding AS+GG, famously designed the Burj Khalifa while at SOM — the tallest building in the world. That expertise in innovative high-rise design carries forward into Una’s refined vertical proportions and sculptural form.

Together, Smith and Gordon Gill have collaborated on internationally significant projects including Jeddah Tower, planned to exceed one kilometer in height, and Central Park Tower, the tallest residential building globally.

With Una Residences, that global design pedigree now arrives on the Miami waterfront — contributing a distinctive mark to the skyline.

two triplex penthouses atop Una Residences

A Boutique Luxury Tower in a Mega-Tower Market

Developed by OKO Group and Cain International, Una was intentionally conceived as an intimate, design-forward alternative to larger Brickell supertalls.

Highlights include:

  • 135 exclusive residences
  • Private elevators servicing most units
  • Expansive bayfront terraces
  • Spa, fitness center, and curated amenity spaces
  • Deep underground parking garage — rare in a city defined by its water table

With closings set to begin later this month, early buyers who secured pre-construction pricing will begin taking delivery of residences in one of Brickell’s most architecturally distinctive buildings.

Una Residences in South Brickell

A Major Milestone for South Brickell

The commencement of closings at Una Residences marks one of the most notable tower deliveries in the South Brickell waterfront submarket.

With limited newly delivered bayfront inventory, Una now transitions into the resale and immediate occupancy phases — positioning it as one of the most desirable luxury waterfront condominium addresses in Miami.

baywalk in front of Una Residences in Brickell

View the Full Drone Photo Gallery Below

Scroll down to see the latest aerial images of Una Residences and explore current availability at MiamiCondoInvestments.com.

direct water views from Una Residences

Una Residences lobby and garage entrances

Una Residences bayfront pool

views north from Una Residences

Una Residences baywalk and bayfront pool

Una Residences at 175 SE 25th Rd, Miami, FL 33129

views southwest from UNA Residences

views south from UNA Residences

direct east views from UNA Residences

east-southeast views from Una Residences

drone photo of Una Residences in Brickell

aerial view down the south side of Una Residences

condo residences and terraces at Una Residences

Una Residences underground parking garage designed by AS+GG Architecture

aerial view of the lap pool, Jacuzzi, and family pool at Una Residences

Una Residences amenity deck

 

Mark Zuckerberg in Contract to Buy Indian Creek Island Mansion as Billionaire Exodus to Florida Accelerates

Mark Zuckerberg buys 2 Indian Creek Island Road mansion

Mark Zuckerberg buys 2 Indian Creek Island Road mansion

As reported by the Wall Street Journal, Mark Zuckerberg and his wife Priscilla Chan have quietly gone into contract to acquire one of South Florida’s most extraordinary luxury homes — a newly completed waterfront mansion at 2 Indian Creek Island Road in Miami’s ultra-exclusive Indian Creek Island enclave. The off-market deal, reportedly negotiated without public listing and possibly outside traditional brokerage channels, is estimated to be between $150 million and $200 million — a potential record for Miami-Dade County luxury residential real estate.

What Makes the Indian Creek Purchase Noteworthy

Indian Creek, known as the “Billionaire Bunker,” is one of the most secure and private residential islands in the United States. The 1.8-acre estate is newly completed and features the scale and amenities expected at the ultra-luxury level, including expansive waterfront vistas and privacy beyond typical gated communities.

The seller is Peter Cancro, founder of Jersey Mike’s Subs, who developed the property after acquiring it for significantly less in prior years.

If finalized within the reported range, the sale would underscore the ongoing surge in record-setting pricing in South Florida’s trophy home market.

A Broader Trend: Billionaires Fleeing California

Zuckerberg’s move isn’t happening in isolation. In recent months, multiple California-based tech billionaires have been spotted acquiring major real estate in Miami and surrounding South Florida markets:

This surge aligns with heightened concerns over a proposed “billionaire tax” in California — a one-time wealth tax targeted at residents with net worths above $1 billion that could apply retroactively, prompting strategic relocations ahead of any enactment.

Luxury real estate professionals have noted that some ultra-wealthy buyers have rapidly established Florida residency, completing purchases and closings within a week of decision — illustrating how tax policy is influencing high-end property movements.

Why Florida — and Miami — Have Become the Epicenter

Several factors make Miami and South Florida especially attractive to ultra-wealthy buyers:

  • No state income tax, providing a major financial incentive compared with high-tax states like California.
  • A robust luxury real estate market with trophy properties already in place.
  • A globally connected lifestyle and business community that appeals to executives and founders.
  • Privacy and security in enclaves like Indian Creek — coveted assets for high-profile residents.

This combination is driving not just interest but actual deals.

What Zuckerberg’s Deal Signals for the Market

Mark Zuckerberg’s reported Indian Creek acquisition isn’t just another home purchase — it’s a symbolic moment in the luxury housing segment and the broader narrative of wealth mobility in the U.S.

Whether viewed as a lifestyle choice or a financial strategy, the purchase reinforces Miami’s role as a premier destination for ultra-high-net-worth individuals. With multi-hundred-million-dollar properties transacting away from California, South Florida’s market dynamics could shift further toward scarcity and higher price benchmarks.

As billionaire migrations accelerate and tax policies evolve, luxury real estate trends once viewed as niche are now shaping national conversations about wealth, residency, and mobility.

Miami Concours Returns to the Miami Design District February 13–15, 2026

Pagani Huayra at the Miami Concours show
Pagani Huayra on display at the Miami Concours
Pagani Huayra on display at the Miami Concours. Photo credit: World Red Eye.

The Miami Concours is returning to the Miami Design District for its ninth edition, transforming the neighborhood into a three-day global showcase of automotive design, innovation, and culture from February 13–15, 2026.

Set against the Design District’s iconic architecture, public art, and luxury retail, Miami Concours has evolved beyond a traditional car show into one of the most anticipated luxury automotive events in the United States.

Lamborghini Countach on display at the Miami Concours
Lamborghini Countach on display at the Miami Concours. Photo credit: Miami Concours & duPont REGISTRY.

A Global Stage for Automotive Design and Innovation

This year’s Miami Concours brings together an extraordinary collection of post-war automobiles, rare vintage supercars, and next-generation hypercars, all displayed throughout the Miami Design District.

Presented in partnership with leading collectors and automotive brands, the event blends high design, engineering excellence, fashion, and architecture, creating a fully immersive experience that reflects Miami’s growing role on the global luxury stage.

Brett David, Craig Robins, Ronnie Vogel, and John Temerian Jr. at the Miami Concours
Brett David, Craig Robins, Ronnie Vogel, and John Temerian Jr. at the Miami Concours. Photo credit: World Red Eye.

Celebrating 20 Years of the Ferrari P4/5 by Pininfarina

One of the most anticipated moments of the 2026 edition is the 20th anniversary of the Ferrari P4/5 by Pininfarina, widely regarded as one of the most important one-off Ferraris ever created.

Automotive entrepreneur and collector Jim Glickenhaus will attend as a special guest, arriving with a curated lineup that includes:

  • Ferrari P4/5
  • Ferrari P4/5 Competizione
  • SCG 004C and 004S hypercars

Together, these vehicles highlight the intersection of bespoke craftsmanship, performance, and modern automotive ambition.

Ferrari Monza SP2 on display at the Miami Concours
Ferrari Monza SP2 on display at the Miami Concours. Photo credit: World Red Eye.

New for 2026: The Red Carpet Showcase Experience

Debuting this year, Sunday’s Red Carpet Showcase introduces a ticketed, curated experience with enhanced programming and exclusive access across the Miami Design District.

The showcase places a special focus on the future of hypercars, anchored by two spotlight presentations:

  • The legacy of the V12 engine, explored through the work of renowned designer Luc Donckerwolke, beginning with his iconic Murciélago design
  • American automotive ambition, celebrating supercars shaped by visionaries such as Carroll Shelby alongside today’s emerging builders

This programming reinforces Miami Concours’ position at the forefront of luxury automotive culture.

Isabela Rangel Grutman at the Miami Concours
Isabela Rangel Grutman at the Miami Concours. Photo credit: World Red Eye.

Miami Concours Weekend Highlights

The three-day event features a lineup of curated experiences across the district:

Friday, February 13

  • Ticketed Drive-In Movie Night
  • Opening celebrations throughout the Design District

Saturday, February 14

  • Welcome Experience with brand activations
  • Car displays, food & beverage vendors, and live music
  • VIP Collectors Dinner

Sunday, February 15

  • Red Carpet Showcase featuring rare supercars and hypercars
  • VIP Red Carpet Experience, including dedicated lounges, enhanced hospitality, and premium viewing areas
  • The Moore Miami serving as the hospitality anchor for VIPs, partners, and collectors
  • Concours Talks, an engaging panel series exploring the future of luxury across automotive, design, and fashion

Miami Concours at the Intersection of Luxury and Culture

Led by The Concours Group and supported by a curated roster of automotive, luxury, and lifestyle partners, Miami Concours continues to redefine what a modern concours event can be. By seamlessly integrating automobiles with architecture, fashion, art, and hospitality, the event has become a defining cultural moment in Miami’s annual calendar.

As Miami continues to gain international recognition as a global design and luxury destination, the Miami Concours stands out as a signature event that reflects the city’s evolving identity.

Tickets and Event Information

General Admission and VIP tickets for Miami Concours 2026 are now available. Visitors can also explore the full lineup of weekend programming across the Miami Design District.

Tri-Level Penthouse at Brickell Flatiron with Private Rooftop Pool Goes to Auction

Brickell Flatiron triplex penthouse goes to auction Feb 18th
Brickell Flatiron triplex penthouse goes to auction Feb 18th
Photo Credit: Lux Media Group and Carol Villela

A Designer-Ready Canvas with Private Rooftop Pool

Set atop the iconic Brickell Flatiron, this tri-level designer-ready penthouse offers over 7,800 square feet indoors and approximately 2,700 square feet of terraces. It features five bedrooms, seven full bathrooms, and two powder rooms. The crown jewel is the private rooftop pool deck, complete with an outdoor shower, wet bar, and expansive alfresco space perfect for entertaining. With over 200-degree panoramic views, you’ll enjoy sunrise-to-sunset vistas and moonlit gatherings in unparalleled privacy. Whether you envision a cutting-edge chef’s kitchen, a private gym, or a custom home theater, every detail can be tailored to your vision, making this a true one-of-a-kind home atop the Brickell skyline.

Brickell Flatiron triplex penthouse living area
Photo Credit: Lux Media Group and Carol Villela

Bespoke Potential Across Three Levels

This blank canvas allows your imagination to flourish across three levels. A dedicated elevator ensures seamless access, while triple-height ceilings and vast, open interiors invite bespoke design. The penthouse’s open layout and grand terraces provide endless possibilities for both lavish entertaining and serene daily living.

Brickell Flatiron triplex penthouse rooftop pool
Photo Credit: Lux Media Group and Carol Villela

Auction at ModaMiami with RM Sotheby’s

In partnership with RM Sotheby’s, the auction begins on February 18 and culminates live on February 28 at ModaMiami, a premier luxury event. Listed at $14.9 million, the auction invites discerning buyers worldwide to establish the final value. “Presenting this property through a time-certain auction allows us to connect it with qualified global buyers who recognize the opportunity to create a truly bespoke residence in the heart of Brickell,” said Chad Roffers, CEO and Co-Founder of Sotheby’s Concierge Auctions.

 

Brickell Flatiron penthouse with double-height ceilings
Photo Credit: Lux Media Group and Carol Villela

Brickell Flatiron: Luxury in the Heart of Brickell

Completed in 2019, Brickell Flatiron rises 64 stories with 523 units. Residents enjoy valet, spa, fitness center, and a resort-style pool, all within the tower. The famed Sexy Fish restaurant is located at the base of Brickell Flatiron, while top dining, Brickell City Centre, and Mary Brickell Village are just steps away, offering a vibrant, walkable lifestyle in the heart of Brickell.

Two Roads Development Files New Lawsuit Against Remaining Biscayne 21 Unit Owners

Biscayne 21 condos in Edgewater Miami

Biscayne 21 condos in Edgewater Miami

Two Roads Files New Petition Following Biscayne 21 Restoration Order

Less than three weeks after a Miami-Dade court ordered the restoration of Biscayne 21 and invalidated its prior condominium termination, Two Roads Development, through its affiliate TRD Biscayne, LLC, has filed a new lawsuit seeking equitable relief to terminate the condominium once again.

The newly filed petition asks the court to declare the 62-year-old waterfront building, located in Edgewater, effectively beyond repair and to allow termination and partition of the property, despite the recent ruling that preserved unit owners’ titles and required restoration of the condominium.

Developer Owns 183 of 192 Units at an Average of $831 Per Square Foot

According to the filing, TRD Biscayne, LLC currently owns 183 of Biscayne 21’s 192 total units, representing approximately 95.3% ownership of the building.

The filing also reveals that the developer acquired 183 of the building’s 192 units at an average price of approximately $831 per square foot, a detail that adds important context to the dispute as the remaining nine unit owners continue to assert their rights under the condominium’s original declaration and Florida law.

A Shift From Legal Authority to Economic Arguments

In contrast to earlier litigation, which focused on statutory termination authority and amendment language, the new petition largely reframes the dispute as an economic one.

The filing argues that restoring the building is not financially viable and contends that continued efforts to preserve the condominium would result in economic waste. It characterizes the remaining unit owners as obstructing termination rather than seeking re-occupancy.

Notably, the petition does not undo or supersede the recent appellate ruling that invalidated the prior termination and restored ownership rights. Instead, it seeks a different legal pathway to reach the same result: termination of the condominium.

Why Ownership Rights Remain Central to the Dispute

At its core, the renewed litigation highlights a fundamental tension in Miami’s redevelopment landscape: when does economic efficiency outweigh individual ownership rights?

Florida condominium law has long recognized that condominiums are not merely investment vehicles but forms of homeownership. Courts have repeatedly emphasized that termination statutes and equitable relief are not meant to be used to sidestep contractual rights embedded in condominium declarations.

While developers may argue that redevelopment maximizes value, homeowner protections exist precisely to prevent unilateral action that divests owners of their property interests without strict compliance with the law.

What Happens Next

The newly filed petition does not alter the existing court order requiring restoration of Biscayne 21. Any change to that outcome would require further judicial review and findings by the court.

For now, the case serves as a reminder that court rulings and legal process matter, particularly when homes — not just assets — are at stake.

As Miami continues to evolve, the Biscayne 21 dispute underscores why vigilance around homeowner rights remains essential, even amid intense redevelopment pressure.