Villa Miami Unveils $55 Million Triplex “Villa Triplo” Penthouse

Villa Triplo penthouse at Villa Miami

Villa Miami triplex penthouse rooftop swimming pool

Villa Miami has officially unveiled Villa Triplo, a spectacular three-level penthouse estate perched more than 650 feet above Biscayne Bay—a modern sky manor unlike anything else in Miami’s luxury market. Spanning over 15,000 square feet across levels 53, 54, and 55, this ultra-private residence is the crown jewel of the forthcoming tower rising along the waterfront in Edgewater.

Designed in collaboration with Major Food Group and globally acclaimed interior designer Vicky Charles (Charles & Co), the Villa Triplo Penthouse brings together sculptural architecture, museum-quality materials, and a suite of in-home amenities that rival the world’s most exclusive resorts.

Villa Triplo staircase

A Triplex Penthouse in a Class of Its Own

According to the official brochure, the term “penthouse doesn’t cut it.” The Villa Triplo estate occupies the entire top three floors of Villa Miami, offering:

  • 5 bedrooms | 5 bathrooms | 4 half baths
  • Four private terraces
  • Full chef’s kitchens + fully-equipped butler’s pantry
  • Private gym, sauna, steam room & treatment room
  • Billiards lounge & rooftop cocktail bar
  • A dramatic bay-facing private pool with panoramic views
  • Private elevator access on each level
  • Access to the rooftop helipad and Copper Club membership

The layout is designed so life unfolds vertically—rest on Level 53, live & entertain on Level 54, and play & rejuvenate on Level 55.

Villa Miami primo bathroom suite

Level 53: The Rest Level — Bedrooms in the Sky

Level 53 offers nearly 6,701 square feet of serene private living space, including a primary suite positioned on a sweeping corner with unobstructed sunrise views. Soft lime-wash plaster walls, parquet oak flooring, and rattan-inlaid storage create a warm, luminous aesthetic throughout.

The primary bathroom, fully wrapped in richly veined viola marble, features:

  • A sculptural soaking tub
  • Oversized rain showers framed in fluted glass
  • Dual vanities
  • Separate dry and wet areas
  • Aromatherapy steam shower

Two additional bedroom suites open to the west-facing terrace, balancing the floor with both sunrise and sunset outdoor space. A cozy family rec room, cocktail bar, office, and extensive dressing rooms complete the level.

Villa Triplo living room

Level 54: The Living & Entertaining Level

Ascend the sculptural grand staircase—or ride the private elevator—to enter Level 54: a flowing, open-air living environment designed for hosting at the highest level.

Signature Features

  • Great Room with two-story glass framing Biscayne Bay
  • Chef’s kitchen with Italian marble, integrated pasta cooker, and oversized island
  • Butler’s pantry fully equipped as a second kitchen
  • Formal dining room set against panoramic floor-to-ceiling windows
  • Walk-in wine cellar with tile-patterned marble, vaulted wood ceilings, and vintage fixtures
  • Staff quarters + laundry room for seamless service and privacy

The pairing of the Great Room, dining area, and waterfront terrace creates a continuous indoor-outdoor living experience perfect for large gatherings, private dinners, or relaxed evenings at home.

triplex penthouse rooftop pool at Villa Miami

Level 55: The Pool Deck, Wellness Sanctuary & Rooftop Lounge

The penthouse’s top level is an entirely private amenity floor—effectively a personal wellness retreat and entertainment club.

Private Pool Terrace

The bay-facing pool is described as “evoking the feeling of a villa perched on a cliffside”—its waterline visually merging with the bay beyond. Travertine terrazzo flooring, floating greenery, and panoramic glass walls elevate the ambiance to resort level.

Wellness Suite

Just steps from the pool:

  • Fully equipped waterfront gym
  • Sauna & steam room inspired by thermal spas in Ischia
  • Massage / treatment room
  • Full bathroom & guest suite for overnight visitors

Sunset Lounge & Billiards Room

A richly appointed rooftop lounge features:

  • Antique-mirrored bar
  • Burl wood island with marble accents
  • Parquet flooring
  • Intimate seating areas for sunset cocktails and elevated entertaining
  • Direct flow into the billiards room and pool deck

chef's kitchen in triplex penthouse at Villa Miami

A Modern Manor in the Sky

With three full floors, multiple kitchens, private spa, breathtaking bay views, and unmatched privacy, the Villa Triplo Penthouse stands alone as one of the most significant penthouse offerings in Miami’s luxury market.

Residents also enjoy Copper Club membership, providing curated programming by Major Food Group, access to private dining spaces, private beach club, and the helicopter landing pad—a level of exclusivity rarely seen in residential towers.

rooftop helipad at Villa Miami

Unmatched Location in Edgewater

Nestled along a quiet waterfront street in Edgewater, Villa Miami places its residents minutes from:

With walkability, boating access, parks, and cultural destinations all close by, the penthouse offers both tranquility and connectivity.

A New Benchmark in Miami Penthouse Living

The newly released $55 million Villa Triplo Penthouse at Villa Miami is a once-in-a-generation sky residence combining architectural artistry, bespoke interiors, and a level of in-home amenities that redefine Miami luxury living. For the ultra-high-net-worth buyer seeking a private estate in the clouds—complete with a pool, spa, entertainment level, and helicopter access—there is no offering comparable in the city today.

If you’re interested in receiving the full brochure and detailed floor plans for the Villa Triplo penthouse—or would like to discuss this residence further—please email me at [email protected].

$86 Million Penthouse Sale Shatters Miami-Dade County Condo Record

Seaway at The Surf Club

Seaway at The Surf Club

Seaway at The Surf Club Penthouse Sale Shatters Highest-Priced Condo Sale in Miami-Dade County

A penthouse at Seaway at the Surf Club has officially sold for $86 million, marking the highest-priced condominium sale ever recorded in Miami-Dade County. The sale, which closed in November 2025, not only sets a new benchmark but shatters the previous record of $60 million, held by the famed Faena House penthouse that sold in 2015. This milestone underscores the extraordinary demand for ultra-luxury, oceanfront living in Surfside—one of Miami’s most exclusive stretches of coastline.

oceanfront living at Seaway at The Surf Club

A Boutique Oceanfront Development Redefining Surfside Luxury

Located just north of the iconic Surf Club Four Seasons, Seaway at the Surf Club is a boutique, two-tower development positioned at 9149 and 9165 Collins Avenue. Developed by Fort Partners, the project comprises only 34 residences, offering an exceptionally private and design-forward alternative to Miami’s larger high-rises. Though the development was completed over a year ago, it is the Penthouse 11 sale that has truly put Seaway at the Surf Club on the map.

Seaway at The Surf Club lobby entrance

Architectural Refinement by O’Donnell & Partners, Interiors by Joseph Dirand

Seaway’s architecture was designed by O’Donnell & Partners, whose work emphasizes proportion, serenity, and an effortless connection to the ocean. Inside, acclaimed French designer Joseph Dirand crafted interiors that reflect his signature blend of European minimalism and coastal sophistication. Expansive terraces, floor-to-ceiling glass, sculptural lines, and bespoke finishes all contribute to a calm, refined living experience—one that resonates deeply with discerning global buyers.

swimming pool at Seaway at The Surf Club

Four Seasons Service: The Ultimate Luxury Amenity

Beyond its architecture and design, Seaway’s greatest asset may be its proximity to—and integration with—the Surf Club Four Seasons. Residents enjoy unfettered access to the full suite of Four Seasons amenities, including beachfront cabanas, fine dining, spa and wellness services, and private club facilities. This combination of low-density residential living and world-class hospitality places Seaway in a category all its own along Miami’s beachfront.

A Record-Shattering Sale—and Signs of What’s Coming Next

The $86 million sale of Penthouse 11 doesn’t just surpass the previous $60 million Faena House record—it obliterates it. Yet the momentum at the very top of Miami’s luxury market suggests even more history may soon be written. A penthouse at The Shore Club is reportedly under contract for approximately $120 million, positioning it to potentially set a new all-time record if and when the transaction closes.

Total Price vs. Price Per Square Foot: A Tale of Two Records

While Seaway’s penthouse now holds the highest total sale price for any condo in Miami-Dade County, it did not claim the title for highest price per square foot. That distinction belongs to its neighbor to the south, The Surf Club Four Seasons. In July of this year, S-PH2 sold for $38.2 million, or an extraordinary $6,731.20 per square foot. The buyer was Daniel Nadler, founder of Google-backed medical AI company OpenEvidence. This remarkable price-per-square-foot figure highlights not only the strength of Surfside’s ultra-luxury segment but also the exceptional desirability of the Surf Club Four Seasons brand.

A Market Continually Redefining the Meaning of Luxury

Together, these results paint a clear picture: Surfside has become the epicenter of Miami’s high-end oceanfront market. With Seaway now holding the county’s highest condo sale ever, and the Surf Club Four Seasons setting the bar for price per square foot, the neighborhood has cemented its position as one of the most coveted residential destinations in the United States.

And with the $120 million Shore Club penthouse potentially on deck, Miami’s ultra-luxury condo market may soon rewrite the record books once again.

The Miami Riverfront Boom: Faena Residences Miami Takes Center Stage

Alan Faena speaking at Faena Residences Miami grand opening even on the Miami Riverfront

Alan Faena speaking at Faena Residences Miami grand opening even on the Miami Riverfront

This past Saturday night, at a star-studded grand opening party for Faena Residences Miami with none other than Alan Faena himself, the spotlight turned to a fresh chapter along the Miami River — a waterfront once overlooked but now poised for transformation.

As Alan Faena said: “We found this amazing place…that we believe has all the potential to become the new place of Miami.”
And in his words: “We love to create, we love to turn around places that are sleeping, forgotten, waiting to be reborn.”
Because “we create magic, and we know how to create it better than anyone else.”

 

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Why the Miami River Corridor Is Gaining Momentum

The Miami River is no longer just a commercial waterway or industrial legacy zone — it has become ground zero for some of the region’s most ambitious mixed-use and luxury residential developments. For instance, the project at One Brickell Riverfront — currently comprised of LOFTY Brickell and The Standard Residences Brickell — recently secured a $513 million construction loan, underscoring both market confidence and commitment to the corridor’s potential.

From the Brickell Bridge heading west, new towers, waterfront walks, marinas and public-facing amenities are reshaping the neighborhood. The riverfront’s transformation is real — and Faena’s arrival marks a new milestone.

Faena’s Vision: Rebirth, Culture & Waterfront Living

Faena Residences Miami shifts the narrative: this isn’t just a place to live, but a place to belong, and to experience. With twin towers designed by acclaimed architect Rafael Viñoly, the project will include 434 residences and a 45,000-square-foot cultural center — positioning itself at the intersection of architecture, lifestyle, and waterfront luxury.

By placing a branded-residence experience right on the riverbank, Faena is signaling that the Miami River is no longer a secondary location — it’s becoming a marquee waterfront address. The brand’s reputation for immersive hospitality and design ensures that this isn’t just about square footage; it’s about crafting place and purpose.

What It Means for Buyers & Investors

First-mover advantage: While buyers are still circling the riverfront, developments like Faena’s are opening at a pivotal moment.

Waterfront repositioning: The Miami River’s upgrade means investors are buying into transformation, not just location.

Lifestyle meets unlockable value: With major projects already under construction and public infrastructure improvements underway, the upside trajectory is clear.

Looking Ahead: The River’s Next Decade

By 2030, industry analysts expect the Miami River corridor to rival more established waterfront addresses. With marquee names such as Faena entering the game — alongside large-scale mixed–use projects (such as Miami Riverbridge and Dream Hotel) and improved public realm access — the transformation of this “hidden” riverfront into a sought-after destination is accelerating.

The recent event didn’t just launch a building — it announced a new era for one of Miami’s most undervalued assets.

Want to learn more? Contact us today for details on Faena Residences Miami, pricing, floor plans, and how you can get in early on one of Miami’s fastest-evolving waterfront addresses.

JETSET Pilates Expands Into Luxury Communities as Wellness Becomes a Top Selling Point for Condo Buyers

JETSET Pilates Coconut Grove at Mr. C Residences

JETSET Pilates Coconut Grove at Mr. C Residences

Wellness: The New Benchmark in High-End Condo Development

Luxury condo development has undergone a major evolution in recent years. Traditional features like rooftop pools, private dining rooms, and concierge services are no longer enough — today’s buyers want purpose-driven wellness experiences seamlessly integrated into their daily lives. Across major U.S. markets, wellness is increasingly viewed not as an amenity, but as a core expectation tied to lifestyle, longevity, and convenience.

This shift has led developers to partner with premium fitness and wellness brands that enhance property identity and value. Among the fastest-growing names within this movement is JETSET Pilates, a modern Reformer Pilates franchise strategically aligning with luxury residential and mixed-use communities.

Luxury Alignment as a Real Estate Strategy

Rather than expanding through traditional retail leasing alone, JETSET Pilates is pursuing a niche, premium real estate strategy that places studios inside or adjacent to high-design, wellness-minded environments — including luxury condominium towers, boutique hotels, and mixed-use lifestyle destinations.

“Our goal is to place studios in spaces that naturally reflect our clients’ lifestyles,” said Michael Zennedjian, VP of Real Estate & Construction. “Each location feels distinctly local, yet unmistakably JETSET.”

This approach positions the brand not just as a fitness studio, but as a lifestyle anchor that adds measurable value to surrounding development.

JETSET Pilates in Coconut Grove

Signature Miami Location: Mr. C Residences Coconut Grove

One of JETSET Pilates’ most prestigious and design-driven locations is within Mr. C Residences in Coconut Grove, a waterfront luxury condominium development known for hotel-style living, European hospitality, and curated lifestyle experiences.

The Mr. C JETSET Flagship studio spans 3,200 square feet across two levels — ground floor and mezzanine — in one of the most prime and visible locations in Coconut Grove, directly across from the marina and waterfront. Notably:

  • ✔ It serves as a flagship studio for the brand
  • ✔ It features two stories of high-design training space
  • ✔ It is open to both residents and the general public
  • ✔ It anchors a neighborhood already known for health, nature, and wellness culture

This placement exemplifies how modern fitness brands and luxury residential developers are working together to enhance both property value and lifestyle experience.

Expansion Presence Across Luxury-Oriented Markets

Beyond Miami, JETSET Pilates is already operating in or developing studios within high-growth, experience-focused communities including:

  • Midtown Nashville, TN — The Moore Building
  • North Hills, Raleigh, NC — Park Central
  • Union Market, Washington, DC — Margarite
  • Flagler Village, Fort Lauderdale, FL — EON Squared
  • SoHo, New York, NY — Premier retail and lifestyle corridor

These markets reflect the brand’s commitment to design-forward, walkable, lifestyle-centric environments, rather than traditional suburban fitness retail.

Looking Ahead: Growth in Wellness-Driven Luxury Environments

Since launching its franchise offering in 2022, JETSET Pilates has quickly become one of the fastest-growing boutique fitness concepts in the U.S., with more than 200 studios currently in development — including future expansion into Australia.

As developers continue to elevate their amenities packages, wellness-focused brand partnerships like JETSET are becoming key differentiators that influence buyer and renter decision-making. With a strategy centered on upscale residential and lifestyle-driven developments, JETSET Pilates is poised to continue anchoring future luxury communities where wellness isn’t optional — it’s essential.

Sales Officially Launch for Colette Residences in South Brickell

Colette Residences in Brickell Miami

Colette Residences at 1880 Brickell Avenue

Sales have officially launched for Colette Residences, a new pre-construction boutique luxury condominium development located at 1880 Brickell Avenue in South Brickell — and the sales gallery is now open for private presentations and reservations. Designed for a highly selective buyer pool seeking serenity, privacy, and elevated design, Colette Residences will offer just 38 total homes across five stories, positioning it among Miami’s most limited-edition new-development offerings.

Developed by Meta Development, Colette brings together award-winning global talent including OSPA as design architect and interior designer, Bellon Architecture as architect of record, and David O. Design for landscape architecture . The project is now accepting reservations, with an expected delivery in 2028.

Boutique Scale, Large-Format Residences & Luxury Finishes

Residences at Colette feature expansive floor plans ranging from 2,144 to 3,180 square feet, with a collection of two-, three-, and four-bedroom homes, including exclusive terrace residences, garden residences, and two penthouses measuring 5,916 and 6,128 square feet, each with private rooftop pools and outdoor summer kitchens . Homes will offer floor-to-ceiling impact glass, private wraparound terraces, and direct password-protected elevator entry to each residence .

Luxury interior finishes include custom Italian millwork by CESAR, mineral-based INALCO countertops, PORCELANOSA flooring, Miele appliance suites, 78-bottle wine coolers, and LEMA-designed closets . Pricing begins from $3.3 million.

Amenity-Rich Living for Only 38 Residences

Although boutique in scale, Colette features over 15,000 square feet of amenities, highlighted by a 50-foot rooftop pool, 5,200-square-foot sun deck, TECHNOGYM fitness center with outdoor wellness deck, full-service spa with jacuzzi, sauna, and treatment room, screening room, children’s playroom, meeting room, and indoor/outdoor entertainment lounges .

Residents will also enjoy 24/7 concierge, advanced access control, private storage, covered parking with 2–3 assigned spaces, optional valet, and EV charging stations .

Prime Location in South Brickell

Colette will be located in South Brickell, one of Miami’s most discreet residential enclaves, located between the urban energy of Brickell and the waterfront lifestyle of Coconut Grove. The address places owners minutes from The Underline, Brickell City Centre, Mary Brickell Village, Key Biscayne, and Coconut Grove, while maintaining a private and low-density character distinct from the high-rise landscape nearby.

Surf Row Residences Officially Breaks Ground in Surfside

Surf Row Residences groundbreaking in Surfside, FL

Surf Row Residences groundbreaking in Surfside, FL

Construction is officially underway at Surf Row Residences, a boutique condominium development in Surfside created by LD&D in partnership with ONE Capital and JV partner IGEQ. Marked by an intimate groundbreaking ceremony at 8800 Collins Avenue, the milestone welcomed Surfside city officials, project partners, and community members. The event underscored the development’s contribution to the town’s ongoing revitalization and its commitment to thoughtful, design-driven coastal living.

Diego Bonet, Daniel De La Vega, and Alejandro Bonet

Strong Buyer Demand and Architectural Distinction

Surf Row Residences has generated remarkable pre-construction momentum, drawing interest from buyers throughout South Florida, the U.S., and international markets. According to ONE Sotheby’s International Realty, the project’s exclusive sales and marketing partner, demand has been exceptionally strong among those seeking privacy, walkability, and proximity to both the ocean and Bal Harbour Shops. With just 24 bespoke homes, the project presents a rare opportunity to own a residence with a distinct architectural identity in one of South Florida’s most coveted beachside communities.

Surf Row Residences kitchen and living room

Sculptural Design Inspired by Surfside’s Coastal Character

Designed by Alfonso Jurado Architecture and Boris Pena Architects, with The Rinaldi Group serving as general contractor, Surf Row Residences introduces an architectural language inspired by Miami’s cultural heritage and natural shoreline. The 75,000-square-foot development emphasizes organic forms, layered glass facades, and lush landscaping, evoking the movement of waves, bird wings, and wind-swept sand. Residences feature fluid layouts extending to private terraces and skylit interiors, with one- to three-bedroom floor plans ranging from 894 to 2,195 square feet and starting from $1.4 million. Select homes also offer private rooftop terraces, plunge pools, and summer kitchens.

rooftop pool at Surf Row Residences

Resort-Style Amenities in an Intimate Setting

Uncommon for a community of this size, Surf Row Residences offers more than 6,400 square feet of amenities. These include a rooftop pool deck with sweeping ocean views, a Zen spa featuring a cold plunge and sauna, a fitness studio, co-working lounge, and beach butler service. Through a collaboration with RH, all shared spaces will be furnished with the luxury brand’s curated collections, while optional RH-designed turnkey residences are available for buyers seeking a seamless move-in experience.

Surfside, Florida condos

Situated in the Heart of Surfside’s Revitalization

Located just north of Miami Beach, Surf Row Residences stands at the center of Surfside’s ongoing evolution, surrounded by celebrated destinations such as The Surf Club and emerging investments in public spaces. Its design and scale align with the town’s broader vision of fostering long-term community vitality while preserving Surfside’s distinctive coastal charm. Completion of Surf Row Residences is anticipated in 2027.

Four Seasons Private Residences Coconut Grove Breaks Ground in Miami

exterior rendering of Four Seasons Residences Coconut Grove

exterior rendering of Four Seasons Residences Coconut Grove

Developers Ugo Colombo’s CMC Group and Nadim Ashi’s Fort Partners have recently broken ground on Four Seasons Private Residences Coconut Grove, marking a major milestone for Miami’s luxury condo landscape. The project represents Florida’s first-ever standalone Four Seasons-branded residential tower, offering a purely residential experience without an attached hotel — a rarity in the global Four Seasons portfolio.

Located on a prime 1.16-acre waterfront parcel at 2699 S. Bayshore Drive, the 20-story development is already over 50% pre-sold, with prices starting just under $6 million. Early buyers include a significant number of local residents downsizing from single-family homes or upgrading from other condominiums in search of elevated Four Seasons service.

Exterior facade of Four Seasons Residences Coconut Grove

A Landmark Moment for Coconut Grove

With the groundbreaking taking place in early November, Four Seasons Private Residences Coconut Grove is set to become one of the most prestigious addresses in Miami. Coconut Grove’s lush waterfront setting, walkable village center, and refined lifestyle continue to attract buyers from across South Florida and beyond.

For the Four Seasons brand, this project signals growing demand for hotel-level services delivered in a private residential-only environment — a model that appeals to affluent buyers seeking exclusivity, security, and high-touch service without the constant activity of a hospitality component.

pool deck at Four Seasons Residences Coconut Grove

Design, Development & Team

The project brings together two of the most respected teams in luxury real estate:

  • Developer: CMC Group (Ugo Colombo)
  • Co-Developer: Fort Partners (Nadim Ashi)
  • Architecture: Revuelta Architecture International
  • Interiors: Michele Bönan of Florence
  • Landscape: Lush, Grove-inspired tropical design

Together, they are creating a sculptural, curved tower designed to maximize Biscayne Bay views while blending naturally into Coconut Grove’s signature canopy of banyan and gumbo limbo trees.

primary bathroom view from Four Seasons Residences Miami

Residences & Private Home Features

Four Seasons Private Residences Coconut Grove will feature:

  • 70 ultra-luxury residences across 20 stories
  • Private elevator foyers for every home
  • 11-foot ceilings with floor-to-ceiling glass
  • Custom-designed Molteni kitchens
  • Premium Sub-Zero and Wolf appliance packages
  • Italian marble baths
  • Deep terraces framing unobstructed bayfront views

A limited collection of penthouse and upper-level residences will offer expansive layouts approaching 10,000 square feet.

Spa hydro massage at the Four Seasons Residences Coconut Grove

World-Class Amenities & Four Seasons Services

As the first standalone Four Seasons residential tower in Florida, the property will deliver an elevated lifestyle built around privacy, personalization, and wellness. Planned amenities include:

  • Resort-style bayfront pool deck and cabanas
  • Resident-only restaurant and lounge
  • Wellness spa with sauna, cold plunge, and therapy offerings
  • State-of-the-art fitness center with private training spaces
  • Library, children’s room, and multipurpose event areas
  • Full suite of Four Seasons services, including valet, concierge, housekeeping options, and personalized in-residence services

The building will be staffed and operated to Four Seasons’ global hospitality standards, bringing five-star luxury to everyday living.

spa wellness area at Four Seasons Residences Coconut Grove

Unbeatable Coconut Grove Location

Positioned along 2699 S Bayshore Drive in Coconut Grove, the luxury tower sits directly across from Biscayne Bay and the waterfront parks. Residents will enjoy immediate access to:

  • CocoWalk and the Grove’s dining and retail
  • Marinas, yacht clubs, and bayfront green spaces
  • Top-tier private schools including Ransom Everglades
  • Coral Gables, Brickell, downtown Miami, and MIA

It’s an exceptional location offering walkability, serenity, and prestige — all within one of Miami’s most historic neighborhoods.

A Strong Year for CMC Group in the Grove

This recent groundbreaking comes as CMC Group approaches the delivery of Vita at Grove Isle, another highly anticipated luxury project expected to welcome residents by year’s end. Combined, these developments reinforce Coconut Grove’s position as one of Miami’s most sought-after enclaves for high-end waterfront living.

Learn More

For pricing, floor plans, and availability for Four Seasons Private Residences Coconut Grove, email Lucas Lechuga at [email protected].

Regalia on the Bay: Fully Approved 82-Story Development Site in Downtown Miami Heads to Auction

Regalia on the Bay in Downtown Miami
Regalia on the Bay in Downtown Miami
Credit: ONE Commercial

A landmark opportunity to redefine Downtown Miami’s skyline will soon go to auction. The fully approved Regalia on the Bay, located at 340 Biscayne Boulevard, is set to be auctioned by Sotheby’s Concierge Auctions this December—offering one of the most significant mixed-use development opportunities in South Florida.

Regalia on the Bay at 340 Biscayne Blvd
Credit: ONE Commercial

A Once-in-a-Generation Opportunity on Biscayne Boulevard

Currently operating as a Holiday Inn, the 0.91 ± acre site occupies one of the last large parcels on Biscayne Boulevard. The hotel will cease operations at the end of 2025, paving the way for redevelopment into an ultra-luxury supertall tower designed by Arquitectonica.

The project is fully entitled and approved for an 82-story mixed-use high-rise comprising approximately 1,439,352 ± square feet of gross development area and 959,568 + square feet of net sellable area, including:

  • 374 luxury condominium residences
  • 120-key hotel
  • Office and commercial spaces
  • 500 parking spaces

The property presents a rare opportunity to develop one of the last large-scale waterfront sites in the heart of Downtown Miami.

Bidding Details

The property is listed for $175 million and will be sold without a minimum bid requirement—allowing the market to set the price.

  • Online bidding opens: December 3, 2025 at 5 p.m. ET
  • Live auction: December 17, 2025 at Sotheby’s New York
  • Bidder deposit required: $250,000 USD (refundable to non-winning bidders)
  • Auction platform: Sotheby’s Concierge Auctions

All bidders must be pre-qualified with Sotheby’s Concierge Auctions prior to the start of the auction.

Regalia on the Bay approved skyscraper in the Downtown Miami skyline
Credit: ONE Commercial

Surrounded by Landmark Towers in Miami’s Luxury Corridor

Situated in Miami’s fast-evolving downtown core, Regalia on the Bay is surrounded by world-class developments including Waldorf Astoria Residences Miami, Aston Martin Residences, One Thousand Museum, and E11EVEN Hotel & Residences. The neighborhood has become a focal point for luxury residential growth, attracting global investors, high-net-worth buyers, and corporations relocating to South Florida.

Prime Location & Connectivity

The site’s coveted position at 340 Biscayne Boulevard offers direct access to Bayfront Park, the Pérez Art Museum Miami (PAMM), the Kaseya Center, Miami Worldcenter, and Brickell City Centre. The nearby Brightline station, Metromover, and Port of Miami provide seamless regional and international connectivity.

“Regalia on the Bay is a rare opportunity to shape Miami’s iconic skyline,” added Gabriel Flores, Vice President and Managing Broker of ONE Commercial. “Located along prestigious Biscayne Boulevard and framed by landmark towers, this premier site awaits a visionary buyer ready to define the next chapter of Miami luxury.”

Tokenizing Real Estate: Why Web3 Is Poised to Revolutionize Property Ownership

Blockchain Futurist Conference 2025 Miami, FL

Blockchain Futurist Conference 2025 Miami, FL

The real estate industry is on the brink of a digital revolution—and tokenization is at the heart of it. In a dynamic panel discussion held during a recent Web3 conference in Miami, real estate developer Diego Ojeda (The Rider Residences), Eric Mendelson from Avanti Way Realty, and David Saul Acosta representing E11EVEN Miami shared their bold insights on how blockchain, tokenized assets, and crypto-backed financing are reshaping the property landscape.

Now available to watch in full, this must-see video reveals what tokenization actually means, how it works in practice, and what it could mean for global investors, developers, and brokers.

What Is Tokenized Real Estate?

Tokenization refers to dividing real estate ownership into digital tokens on a blockchain, allowing for fractional ownership, borderless transactions, and far greater liquidity. The panel kicked off by exploring what tokenizing a property really means—”freedom,” “democratization,” and “access” were common themes echoed by all speakers.

How The Rider Residences Became a Crypto Trailblazer

Developer Diego Ojeda discussed how his project, The Rider Residences in Wynwood, has become a poster child for crypto-integrated sales. Following a viral crypto transaction that was even tweeted by Miami Mayor Francis Suarez, the project has embraced digital assets through strategic partnerships with fintech companies like Milo, allowing buyers to collateralize Bitcoin without liquidating.

Crypto’s Impact on Capital Raising and Ownership Structures

The panel explored how Web3 is changing how developers raise capital. Diego shared how tokenization—like his prior $16M raise via crowdfunding at Mohawk at Wynwood—unlocks entirely new buyer pools globally. By offering white-glove rental management and fully furnished units with no rental restrictions, The Rider is positioned as a prime candidate for tokenized ownership.

Why the U.S. Market May Lag Behind Internationally

Eric Mendelson from Avanti Way Realty highlighted how other regions, such as Dubai and Colombia, are already embracing tokenized platforms due to limited access to mortgage financing. In the U.S., he believes tokenization will gain traction slowly—but with the right education and strategic partnerships, it’s only a matter of time.

E11EVEN Hotel & Residences: A Web3 Case Study in Hospitality & Lifestyle Real Estate

David Saul Acosta spoke about 11 Hotel & Residences, one of the first major developments in Miami to accept crypto for deposits and purchases. With over $1B in sales, the success of E11EVEN’s integration of Web3 principles shows the power of aligning brand, audience, and technology. Their partnership with PMG and emphasis on understanding the crypto-native buyer was key to their success.

Misconceptions and Education: The Broker’s Role

Eric noted that despite growing crypto adoption, 99% of real estate agents in Miami still don’t know how to handle crypto transactions. Through his crypto real estate division at Avanti Way, he’s training agents to understand compliance, capital gains strategies, and how to leverage crypto—not just convert it.

Final Thoughts: Web3 in Real Estate Is Here to Stay

The panel concluded with a clear message: developers who embrace Web3 early—through tokenization, strategic partnerships, and authentic engagement with the crypto community—will be ahead of the curve. The Rider Residences, E11EVEN Hotel & Residences, and Avanti Way are living proof that real estate and blockchain are no longer separate worlds.

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