Art Basel Special: Top Miami Trophy Properties Day 2
Last week, we were invited for a tour of the Penthouse Collection at 1 Homes South Beach and WOW! The way that the residences and hotel have been redesigned by internationally renowned Brazilian interior designer, Debora Aguiar, it is as though you are living in nature in the most glamorous way.
Ms Aguiar used an abundance of plant life in the most creative ways, driftwood finishings to bring the feel of a beach house into the development and oversized windows and terraces to really celebrate the project’s oceanfront location. She also tied in all of the modern conveniences and elegant touches that you would expect in a South Beach trophy property. To be honest, after the tour, I could have filled the entire week-long series with trophy residences here, but let’s start with one.
For those who have not yet visited 1 Homes, it is located along Collins just between the W South Beach (where Zaha Hadid lived) and the Faena District. It is walking distance to the Bass Museum of Art as well as the Miami Beach Convention Center, which makes for another reason it should be included on this week’s list.
Penthouse 1610 is located on the southeast corner of the building, offering amazing sunrise views of the ocean and plenty of large windows for those who enjoy the afternoon breeze. It has 4 bedrooms, 5.5 baths and a den over two levels. There is 3,955 square feet of interior living space and 745 square feet of terraces overlooking the pool area and beach. The apartment is fully finished and furnished by Rose Ink Workshop, a local interior design company founded by Liubasha Rose, the famed former Vice President of Design at Starwood Capital Group. It is estimated that $150,000 was spent on furnishings in each room of this penthouse.
Owners enjoy all the privileges and conveniences of resort living at this LEED certified property while having access to four elevated oceanfront swimming pools, an onsite SoulCycle studio, a 18,000-square-foot spa and fitness center, priority seating at three exceptional restaurants and bars from award-winning chef Tom Colicchio, and a stylish rooftop pool and restaurant-bar with panoramic views of the Atlantic Ocean and Miami skyline.
The penthouse is available for purchase for $20 million including all of the services offered to members of 1 Homes. You are also welcome to use any of the other 1 Homes locations, which include Brooklyn and Central Park in New York as well as Cabo San Lucas in Mexico and will soon include West Hollywood, Haitang Bay China, and Silicon Valley.
1 Homes South Beach PH-1610 by Sarah Elles Boggs on Scribd
Zaha Hadid’s Personal Beachfront Residence To Come Back To Market
After nearly a year on the market, Zaha Hadid’s customized home in South Beach’s W Hotel is going to be re-listed with an enormous price reduction. It had been listed after her sudden and untimely death in the Spring of 2016 for $10 million, but there were no takers.
It hasn’t officially been re-listed yet, but the Wall Street Journal has reported that it will be coming back on the market at $6.5 million, a 35% reduction from the original price. Neither price included the furnishings, but most pieces could be negotiated separately through her estate trustee. There are a few pieces of artwork/exceptionally unique pieces that the estate prefers to hold on to.
The Pritzker Prize-winning starchitect purchased two beachfront units at the W, which is located between The Setai and Faena House at 22nd Street on Miami Beach, in 2010 for $2,785,000. She then combined them and added her unmistakable personal touch.
While I imagine there will be a new set of photos unveiled any day now, let’s have a peek at the listing photos from last year..
Eighty Seven Park Goes Vertical In North Beach
Pritzker Prize-winning starchitect, Renzo Piano’s 87 Park will soon rise from the site just north of North Shore Park in Miami Beach. The developer, Terra Group, has finalized their construction loan and completed the 300 foundation pilings necessary to start bringing the 18 story project vertical.
Sales were launched in 2016, attracting the likes of Michael Huffington, the Conde Nast family and tennis star Novak Djokovic, all of whom are among the buyers in the 66 unit project that is now 60% sold. The boutique tower was named based upon it’s location, nestled between two parks at 87th Street and Collins.
The 35 acre North Shore Park to the South is set to be redeveloped with money contributed by the developer. This park will be shared with the public, but a more secluded park will also be available only to residents. Each of the 66 apartments will come with a key to the door and a key to the park, much the way New Yorkers covet a key to Gramercy Park. The private key park will be built by the designers of the new New York Governor’s Island.
Prices start at $1.7 million up to $45 million for the penthouse, which comes with a rooftop terrace and private pool overlooking the ocean.
Jeremy Shockey Reduces Price Of South Beach Bachelor Pad
Retired NFL star and local football legend Jeremy Shockey is eager to take his talents off of South Beach. After trying unsuccessfully to sell his art deco nightclub-inspired penthouse at The Waverly on South Beach for $3 million in 2015, he decided to give it another go this summer. In July, it was listed for sale at $3.25 million and for rent at $10,000/month.
Fast forward to today and Shockey has already undergone three price revisions on the rental offering, slashing the price down to $8,500/month. It had rented last summer for $9,000/month. He has also reduced the price of the sale offering down to $2.85 million.
It makes sense that Shockey should be so eager to fill the vacancy or unload the penthouse because he currently has under construction a large house on a golf course in South Miami and really seems excited to embrace the retired golf lifestyle over the South Beach party lifestyle. Here is a photo of the progress at Jeremy Shockey’s new place along with the listing photos of the South Beach bachelor pad.
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.
L’Atelier in Miami Beach Receives $57 Million Construction Loan
North Beach’s L’Atelier Residences, which broke ground in December of 2015, has received a $57 million construction loan to carry them through to completion of the boutique oceanfront development.
The super-luxury development is currently in the vertical stage of construction and expects to top off later this year. Residences are expected to be delivered in 2018. The project is currently 80% sold, with 5 units remaining priced between $3.6 million up to $4.5 million for flow-through residence and the $25 million oceanfront penthouse with 8,000 interior square feet and 8,500 square feet of outdoor amenities including a rooftop terrace with a 40′ foot private pool.
Have a look at their sales brochure, with more renderings of the apartments and a preview of the interiors by famed designer Holly Hunt.
L’Atelier Miami Beach Brochure by Sarah Elles Boggs on Scribd
Gorgeous Spec Home at 6440 North Bay Road Reduces Price to $26,950,000
After a brief hiatus, the newly constructed spec home at 6440 North Bay Road has returned to the market with a $2 million price chop, asking $26,950,000. The home has 15,519 interior square feet with 7 bedrooms and 9 baths.
The tropical-zen inspired home blends contemporary interiors with the outdoors and features sliding glass walls throughout much of the space. There is an office, gym with outdoor yoga area, a theater and a separate 2 bedroom guest wing with a private staircase and dedicated terrace and living area.
Outdoors, there is a separate cabana with retractable canvas awning surrounded by tall, mature landscaping and infinity-edge pool. The lot features 100 feet of bay frontage with a wooden dock.
The North Bay Road home was developed by Peter Fine’s To Better Days Development, that is based in New York. Have a look at the MLS photos below..
Will Chris Bosh Stay In Miami After His Career-Ending Diagnosis?
It is a sad day for Chris Bosh and the Miami Heat. The NBA doctors have officially ruled that his blood clotting disorder is a career-ending ailment. The 11-time all star maintains that he is in good health to play, but the ruling has been made and it looks like the Heat will waive him from the roster so that they can make room for a new player to take his place.
So, if he is indeed forced off of the roster, will he stay in Miami? What will happen to the $12 million luxury home he purchased in 2010 on North Bay Road? He still has $52 million left on his contract, which he will reportedly get to keep, so he doesn’t really have to work again although he maintains a desire to continue playing. He is only 33 years old, after all. What would you do?
Here are some additional photos of the Miami Beach waterfront mansion that he calls home. It has 7 bedrooms, 8 baths, 2 powder rooms and 12,000 square feet of interior space. The North Bay Road lot has over 100 feet of bay frontage.
Louver House Gets Its Louvers
Architect Rene Gonzalez With Louvers
South of Fifth’s newest boutique development, Louver House, is headed for the finish line of completion, with closings expected next month. In honor of the architecturally significant building, let’s have a look at their signature features… LOUVERS.
Louvers are architectural details, sometimes window blinds or shutters, that have horizontal slats that are angled to admit air and light, but to block rain and direct sunshine. They date back to the middle ages, when they were used to ventilate large kitchens without allowing rain and snow inside. Today, they have a more luxurious application and are typically used for those who love to enjoy the fresh air of a patio, but prefer to stay dry and save the tourist-level sunburn for the beach.
Louver House’s aluminum louvers tout over 15,000 linear feet of louver blade, which is almost 3 miles. That’s enough material to form a radius stretching across the Intracoastal, reaching both the Julia Tuttle and MacArthur Causeways, encompassing most of Virginia Key and all of the islands in between the causeways.
Combined, they weigh well over 50,000 lbs and have over 30,000 screws and bolts holding them together. All of the materials of these particular louvers are sourced from American-made products from American suppliers and are proudly made here in the US.
Now that they are installed, you can see that they beautifully create privacy and intimacy, while still allowing for views of the lush neighborhood and architectural detail to the building.
Louver House Construction Progress
Louver House is developed by Mast Capital and is located at 311 Meridian Avenue in the South of Fifth neighborhood of Miami Beach. They have only 12 residences in 5 floors. The grounds feature a host of various gardens and relaxation areas, with a rooftop swimming pool overlooking Miami Beach. Each of the residences at Louver House has expansive outdoor living areas and large interior layouts. The smallest layout is over 2,000 square feet of interior space and all layouts have 3 bedrooms with 3 bathrooms and a powder room.
Prices for the remaining four condo residences at Louver House average $1,250 per square foot.
Louver House Brochure by Sarah Elles Boggs on Scribd
