Circuit Layout for Formula E Miami ePrix

Earlier today, Mayor of Miami Tomas Regalado formally announced that Miami will host “the first electric single-seater race in America”. The Miami ePrix will take place in Downtown Miami on an eight turn, 1.35-mile circuit down Biscayne Boulevard and looping the American Airlines Arena, home to the Miami Heat. The course will also run along the newly opened Museum Park, offering plenty of space for spectators to watch the race from street-level, as well as in front of Downtown Miami condo high-rises Marinablue, 900 Biscayne Bay, Ten Museum Park, and Marquis Residences. The race is set for March 14, 2015.

FIA Formula E Championship Race Coming to Downtown Miami on March 14, 2015

How exciting! On March 14, 2015, Formula E race cars will be racing through the streets of Downtown Miami. The 2014/2015 FIA Formula E Championship will be contested over 10 rounds taking place on city-centre circuits around the world. Miami was chosen as one of those cities and will have electric race cars racing down Biscayne Boulevard. A formal announcement will be made this upcoming Monday, October 20, 2014.

For those who have lived in Miami long enough to remember, you may recall that, up until 1995, Champ Car (formerly known as CART) race cars raced on a speedway track located at Bicentennial Park (currently known as Museum Park) in Downtown Miami. In 1996, the race was moved to the newly opened $70M Homestead-Miami Speedway track located about an hour south of Downtown Miami in Homestead, Florida. The return of race car driving to Downtown Miami, in my opinion, is beyond exciting. As one might guess, the various condos in Downtown Miami situated along Biscayne Boulevard will provide a front row seat to all the action. Start your engines!

Update: Formula E Miami ePrix race track revealed

Demolition of the BP Gas Station in Downtown Miami – [VIDEO]

As mentioned in my previous post entitled “Gas Station Closes; One Thousand Museum is One Step Closer“, the BP gas station located at 1000 Biscayne Boulevard in Downtown Miami has closed up shop to pave way for the start of construction of One Thousand Museum – an ultra-luxury residential condo development designed by world-renowned architect Zaha Hadid. Yesterday afternoon, I was able to get some great footage of the demolition that was well underway by that point. The footage provides three points of view of the action. As you will see, the underground fuel tanks had already been removed and were being crushed like aluminum cans by the bulldozer. Fun times!

Just Sold – Ten Museum Park Units 1802 and 1708

Units 1802 and 1708 at Ten Museum Park are now officially closed. Unit 1802 (pictured above) – a 2 bedroom, bi-level loft with 1,802 interior square feet – sold in just 7 days for $900,000 while unit 1708 (pictured below) – an 808 square foot 1 bedroom condo – sold in just 16 days for $338,000. It came as no surprise since both units showed beautifully and were attractively priced. The $900,000 price paid for unit 1802 was the highest price ever paid for a 2 bedroom, non-corner unit at Ten Museum Park. I represented the seller in the sale of unit 1802 and represented both the seller and buyer in the sale of unit 1708. I now have unit 1708 listed for rent with an asking price of $2,450 per month. If you or someone you know may have an interest in renting it, please contact me for additional details and/or to request a showing. See bottom of this post for a video of unit 1708.

Video of Ten Museum Park #1708:

Gas Station Closes; One Thousand Museum is One Step Closer

Miami is one step closer to being graced with her presence. One Thousand Museum has checked off yet another milestone on its roadway to fruition. The BP gas station, located at the corner of 10th Street & Biscayne Boulevard, is now officially closed. Earlier this morning, while out for a walk, I noticed the parameter of the gas station had been taped off and spotted workers who were in the process of dismantling gas station fixtures.

Keep in mind that prior to development commencing, the remediation process must be completed. I have no idea as to how long that process normally takes but was told a few months ago that construction was guaranteed to begin by the end of this year.

For those unfamiliar, One Thousand Museum is a 62-story architectural masterpiece designed by world-renowned architect Zaha Hadid. The ultra-luxury tower will have just 83 museum-quality residences, comprised of 4 duplex townhouses, 70 half-floor units, 8 full-floor penthouses, and 1 double-story/full floor penthouse. Floor plans range from 4,500 to 15,000 interior square feet and prices range from $5.2M to $45M.

Just Listed – Unit 1708 at Ten Museum Park – Asking $355,000

Unit 1708, pictured above, is the second of two condos I recently listed at Ten Museum Park. It shows beautifully and has already grabbed the attention of several interested buyers. The 1 bedroom, 1.5 bath residence has 808 livable square feet, 143 square feet of balcony, a custom glass divider to separate the living room from the bedroom, wood flooring throughout, full-size washer and dryer, and stainless steel appliances by Sub-Zero, Miele, and Bosch. It also features 10-foot ceilings with floor-to-ceiling glass windows, a full glass-enclosed shower with rainfall shower head, built-out closets, and captivating views of Biscayne Bay. Priced at $355,000, unit 1708 is currently the second best priced property in the building.

If you or someone you know have an interest in viewing this unit in person, please contact me via email at [email protected] or on my cell phone at 786-247-6332.

Below, you will find additional photographs of unit 1708 at Ten Museum Park:

Ten Museum Park Unit 1802 Under Contract in 7 Days

Well, that didn’t take long. Unit 1802 at Ten Museum Park is now officially under contract. I received multiple offers within 3 days and got it under contract in just 7 days. It goes to show that in today’s market a property will sell quickly provided that it is priced correctly and well presented. This property showed beautifully, and I’m sure a month from now the buyers will be very happy in their new home.

Just Listed – Unit 1802 at Ten Museum Park – Asking $915,000

I am happy to announce that I recently got the listing on two beautiful units at Ten Museum Park. The first unit, which is pictured above, is a stunning 2 bedroom, 2.5 bath, bi-level loft with over 1,800 interior square feet and a deep, spacious balcony overlooking the newly opened Museum Park. The ultra-modern unit features a clean, chic design; soaring 20-foot ceilings with floor-to-ceiling glass windows; stainless steel appliances by Sub-Zero, Miele, and Bosch; full-size washer and dryer; a full glass-enclosed shower with rainfall shower head; and direct, unobstructed views of Biscayne Bay and the Miami Beach skyline. Priced at $915,000, unit 1802 is currently the best priced unit in the building among those that offer a direct water view. If you or someone you know have an interest in viewing this unit in person, please contact me by email at [email protected] or on my cell phone at 786-247-6332.

Below you will find additional photographs of unit 1802 at Ten Museum Park. Later this week, I will post information and pictures of my second listing at Ten Museum Park – a beautiful 1 bedroom, 1.5 bath loft.

Miami Heat Point Guard Mario Chalmers Lists 5 Bedroom Condo at Marquis Residences for $4M

Yesterday, the Los Angeles Times reported that Miami Heat point guard Mario Chalmers recently listed his 5 bedroom condo at Marquis Residences for $4M. The combined floor plan is situated on the 49th and 50th floors of the northeast corner of the building and offers a direct view of Biscayne Bay, the Atlantic Ocean, and Miami Beach skyline. Consisting of 5,475 interior square feet, the bi-level condo includes 5 bedrooms, 5 baths, a game room, wet bar, state-of-the-art kitchen, and 2 laundry rooms. Also, included in the sale are 4 assigned parking spaces.

In March 2012, Chalmers purchased the luxury condo from hip-hop/rap artist Drake for $2.6M. Drake had purchased the side-by-side units in 2011 then later combined them.

Marquis Residences is a luxury condo development located in Downtown Miami.

Museum Park Opening Ceremony

After 14 years and around $40M, Museum Park officially opened this morning. The people of Miami were in attendance to show their support and appreciation. City of Miami Mayor, Tomas Regalado; City of Miami Commissioner, Marc Sarnoff; and Superintendent of Miami-Dade County Public Schools, Alberto Carvalho; each spoke at the opening ceremony which was marked by the arrival of the iconic United States Coast Guard Cutter Eagle.

As a long-time resident of Miami, the opening of Museum Park is almost surreal to me. It had been talk for so long that it was hard to believe at times that it would actually ever happen. However, the day has finally arrived and, I must say, the park is spectacular. It is such a beautiful gift not only to the people of Miami but also their four-legged friends. It is fair to say that prior to today’s park opening, much of Downtown Miami was a concrete jungle. Now the children and dogs of Miami have a place to run around and play. I personally do not have any children but am a proud owner of a Miniature Schnauzer named Lucky. A few days ago while walking him at Museum Park, I asked Lucky how he enjoyed the new park. His response says it all.