Filling Station Lofts Offers 2 Months Free On A 2 Year Lease

The Arts & Entertainment District’s Filling Station Lofts is pulling out the big guns in order to lure long-term tenants. As their Summer Special, they are offering two months’ of free rent to those who sign a two year lease in the building.

To be clear, this does not mean that new residents will simply pay their security deposit and receive keys with no additional money due for 60 days. When buildings offer free rent, the cost of the month’s rent is broken down by however many months are in the lease contract. That broken-down amount is offered as a discount on each monthly rental payment.

So, let’s say you sign a two year lease for $3,500/month. Your discount is $7,000, divided by 24 months. That works out to $292/month, so your monthly rental payment is $3,208.

The Filling Station is a very unique building, offering true industrial New York-style loft units. They can be used as live/work spaces or purely residential. The lofts have 18 foot ceilings and views of the Downtown Miami skyline, or views of Midtown/Wynwood. Pets welcome up to 60 pounds.

Available inventory and prices change frequently, so let us know if you are interested.

Live the Luxury Loft Life: Inside The Ritz Carlton Residences Miami Beach’s Loft Residences

One of the most ambitious redevelopment projects I have seen is preparing to open in a few months, The Ritz Carlton Residences Miami Beach. For those who aren’t familiar, the project is a redevelopment of the Miami Heart Institute, which was shuttered in 2004 after it was purchased by Mt. Sinai.

For years, nobody knew what would become of this eyesore on a great waterfront lot. Due to building regulations, the structure could not be torn down and rebuilt at the same size. In order to keep the height and size of the structure, all they could do is redevelop the existing structure. It took until 2012 when Lionheart Capital stepped in to propose a new Ritz Carlton designed by famed Italian architect, Piero Lissoni. Why not, right?

Well, here we are in 2017, the project is getting ready to open within the next few months, and 70% of the 126 residences have been spoken for. There are still 4 remaining loft residences with double height ceilings and increased feeling of privacy, let’s have a look at these plans…

Loft 220

3 Bedroom | 3.5 Bath | Den
3,342 square feet
$2,827,000

This plan is a corner apartment that has southern exposure with a private plunge pool and summer kitchen. One of my favorite aspects of this plan is the bedroom and den upstairs, making it a great guest suite.

Loft 224

3 Bedroom | 3.5 Bath | Den
3,778 square feet
$3,964,000

This is the last remaining loft with a direct view of Lake Surprise. It also has a private elevator and all of the bedrooms are upstairs, leaving the downstairs perfect for entertaining.

Loft 218

3 Bedroom | 3.5 Bath | Den
3,292 square feet
$2,925,000

Another of the lofts with southern exposure, Loft 218 also has the plunge pool and summer kitchen on the terrace and guest quarters upstairs.

Loft 217

4 Bedroom | 4.5 Bath
4,033 square feet
$3,065,000

This is the last available four bedroom option, although the fourth bedroom could also be converted into a study. It also has a junior master suite upstairs and extra space on the terrace.

Stunning Industrial Chic Loft Near Downtown Lists For $4.95 Million

Are you the type who likes to regularly hold parties for 200 of your closest friends? If so, this is the loft for you! The industrial-chic masterpiece with 22 foot high ceilings, exposed brick walls, dark oak hardwood floors and skyline views near Downtown Miami just hit the market for $4.95 million.

With over 7,100 interior square feet, top of the line open kitchen by Thurston Kitchen Design from Aspen with huge island/bar, Subzero fridge, TWO large wine coolers, double Wolfe ovens and separate living quarters, this loft is fit for a celebrity or an avid art collector. The space is a combination of units 501 and 402 in the 6 story Parc Lofts near the Art District and Downtown Miami and has been completely outfitted for a fabulous entertainer.

The seller is being represented by our very own Dora Puig, and we can’t stop crushing on the photos! What do you think?

A Look at the Miami Industrial Loft Market

I took a drive through the Performing Arts District today and noticed the progress being made on the development known as Filling Station Lofts. This will be the second loft development of The Intrepid Real Estate Company in Miami, and I, for one, am looking forward to it.

With the exception of a few overpriced units being left until the end of construction, Filling Station Lofts has been sold out for over a year. The Intrepid Real Estate Company, under the direction of developer Henry Harper, first brought the New-York-style industrial loft to Miami with their first development known as Parc Lofts, located catty-corner to the development site of Filling Station Lofts. The bold and unique marketing pieces of The Intrepid Real Estate Company caught people’s eyes over a year ago. This one, entitled “BubbleProof”, provided words of wisdom to those looking to purchase one of their loft units during a frenzied real estate market. Simply put, their message was that a person’s love for owning a unique space, such as a loft, should be the motivating factor behind making such a purchase, and not that person’s love for money, nor the expectation thereof.

The industrial loft concept is truly unique to Miami. I often get people from cities such as Chicago and New York who contact me looking for a large, raw, open space and the only building that comes to mind is Parc Lofts. They can’t understand how there aren’t other industrial loft buildings throughout Miami. Simply put…Miami didn’t undergo the Industrial Revolution like many of the major cities in the North. We, therefore, lack the large abandoned warehouses found in the North which were later converted into lofts. Miami has had to rely on developer’s, such as Henry Harper, to build these loft buildings from the ground up.

There are a few industrial-style loft buildings in South Beach, but none that offer the type of space like Parc Lofts. With loft sizes that reach a mind-boggling 5,436 square feet, Parc Lofts was built with SIZE in mind. Market forces have created a large premium built into those units at Parc Lofts with over 2,000 square feet. If someone needs a space of that size then Parc Lofts is the only building in Miami that can offer it. Zoned as a live/work building, there are many potential ways that a space of this size can be used. Most who own these units at Parc Lofts are fully aware of the premium that their units fetch. While the number of potential buyers out there for this type of size may be scarce, the number of lofts of this size in Miami is even scarcer.

Parc Lofts – lofts for sale
Parc Lofts – rentals