Developers for Residences by Armani Casa Report $1 Billion Sellout

June 25, 2021

Residences by Armani/Casa has set a new record for condo sales in Sunny Isles Beach. With nearly $1 billion in sales, Residences by Armani/Casa has nearly sold out of the luxury condos, which is significantly more than any other new construction tower in Sunny Isles Beach.

Located at 18975 Collins Avenue in Sunny Isles Beach, this 60-story project was completed in late 2019 just before the COVID pandemic shut down travel and events, which also delayed some of the sales/closings for the new development.

According to the President of Dezer Development (Developer for Residences by Armani/Casa), the building was 85% sold when they first started sales in February 2020 but sales got stagnant and the development was selling around 1 unit a month during the pandemic. The sales began to increase once Florida started to open up.

More recently, two penthouses sold in this tower with one at $7 million and the other at $9 million. Among the buyers include Radamel Falcao (Colombian professional soccer player).

About the Residences of Armani/Casa

The Related Group and Dezer Development are responsible for the creation of Residences by Armani/Casa. The project was completed in 2019 and the property was originally purchased in 2016 for a $305 million construction loan from Wells Fargo, which was reported to already be paid off.

This development features 308 luxury condo units with 2,716 to 3,748 square feet of living space. Pricing starts at $1million with 3 to 4 bedroom floor plan options. Residence amenities include Wolf kitchen appliances, Armani-designed sinks, 10 feet deep private balconies, and much more!

Residence Features

• Armani Dada designed and fabricated cabinetry
• Sub-Zero refrigerator/freezer and wine cooler
• Elegant imported stone countertops and glass backsplashes
• Wolf kitchen appliances
• Armani Roca designed sinks and faucets
• His and her bathrooms in select residences
• Spa-inspired shower with Armani Roca wall-mounted handheld spray and large rainshower in most residences
• Marble stone floors, walls, and full stone cladding vanity and stone countertops
• High-performance Toto Neorest toilet with integrated bidet technology in the master bath only
• Private high-speed elevator access to most residences
• Breathtaking views of the Atlantic Ocean and city through floor-to-ceiling glass windows
• 10-foot deep private balconies with glass railings in all residences
• 8-foot-high double-door entry to a spacious foyer in select units
• Summer kitchen with an under-counter Sub-Zero refrigerator in all residences
• Digital thermostat featuring intelligent climate control
• Recessed lighting in select corridors and bathrooms
• Large capacity full-size washer/dryer in all residences
• All residences pre-wired for audio speakers as well as motorized shades and programmed lighting controls in select locations
• Smart building technology provides seamless access to select building amenities

Tower Amenities

• Oceanfront terrace with heated swimming pool, hot tub, and poolside food and beverage service
• State-of-the-art fitness center overlooking the Atlantic Ocean
• Men’s and women’s dressing rooms with lockers and showers
• Private oceanfront restaurant and bar with outdoor seating and in-residence delivery
• Exclusive beach amenities, including food and beverage services, chaise lounges, umbrellas, and beach attendants
• Two-story Spa with indoor and outdoor treatment rooms
• Ocean-view yoga studio with Pilates equipment
• Cigar room
• Temperature- and humidity-controlled wine cellar
• Bar area
• Game room with pool table
• Children’s playroom
• Armani Prive lounge at the lobby level
• 24-hour multilingual concierge service
• 24-hour valet parking service
• 24-hour security
• Professionally curated collection of museum-quality art, including monumental sculptures by Sandro Chia and Sinisa Kukec

There are just a few units left at Residences by Armani/Casa. If you or someone you know have an interest in purchasing one of the units, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.