Largest Polo Event in the World Heads to Miami-World Polo League Beach Polo World Cup
Eight International teams, 10 nations, and 120+ horses come together for one weekend on the gorgeous beaches of Miami Beach for the largest Polo event in the world. Starting April 29th through May 1st, each day will feature high goal matches with some of the best players in the world all produced by Lifestyle Polo.
Located on the beach of Collins Park spanning over 140 meters, this event draws in around 12,000+ visitors. General admission is complimentary but you can upgrade to VIP tickets which include shaded lounges, catering, and a full bar.
According to Tito Gaudenzi, founder of the World Polo League Beach Polo World Cup, “We are thrilled to return this April with our annual World Polo League Beach Polo World Cup, Miami Beach. The competition between the teams and individual players will no doubt be as intense as ever.”
Schedule:
Wednesday – 27th of April 2022
6 pm – Game Draw (Live on ChukkerTV)
Thursday – 28th of April 2022
5 pm – Team & Sponsor meet and greet hosted by St. Moritz and Eviva Polo – In the VIP tent of the Polo grounds (by invitation only)
Sponsors include The Setai South Beach, Land Ro9ver, Casablanca, World Polo League, Richard Mille, Ketel One, Delta Airlines, 1 Hotel South Beach, Soho House, Haig Club Whiskey by David Beckham, and more.
JMH Development to Build 7 Story Luxury Tower in Miami Beach
The long-awaited Miami Beach condo project by JMH Development can finally move forward after the lawsuit against the developer was dismissed. The lawsuit included the actual condo site where the plans for this new tower would be constructed.
The project has been put on hold for 5 years due to a dispute between the original partnership of Jason Halpern (Managing Partner for JMH Development) and companies owned by Dhruv Piplani. In 2017, Piplani filed suit again Halpren and accused them of selling the property without permission of the co-investors.
When originally purchased, the property was purchased for $7.75 million by 29 ICD LLC, managed by Gerard Longo, who is noted as a longtime business partner of Halpren.
To add fuel to the fire, in 2020, Halpern filed for a $5.25 million mortgage foreclosure against the property. The original case was dismissed due to a breach of contract because PSB Indian Creek failed to make the $800,000 contribution toward the project in 2016.
According to Halpren, “In addition to Justice Masley’s ruling in favor of JMH Development across the board, the court awarded our client attorneys’ fees. This is a big win for our client, and demonstrates the egregious nature of the claims made against them.”
The project itself will be located at 2901 and 2911 Indian Creek Drive in Miami Beach. It is approved to rise up to 7 stories with 22 luxury condo units. The property itself will have to stay under 17,150 square feet and will also feature a rooftop pool, as well as a parking garage for 22 cars.
Can the Metaverse Change the Miami Real Estate Market?
“Metaverse” is a massive buzzword in the realms of technology, business, and finance right now, and like all buzzwords, its definition is hazy, debated, and molded by the objectives of those who use it. Now, the Metaverse is being debated whether it can be a real estate game-changer.
One Miami commercial group is trying to make their listings more attractive by utilizing the Metaverse. Currently, Inhouse Commercial is partnering with the Metaverse Group to create a virtual copy of the two buildings that they have for sale in Miami Beach.
The properties are located at 930 and 960 Alton Road, and whoever purchases the properties, will receive the digital copies of the buildings in the Metaverse. The total asking price for the package is $25 million.
The property is owned by the former Miami Beach Mayor, Phillip Levine. It has been on the market since early 2021. Although the property has received multiple offers, the company stated that they believe they could lure in a big tech company with the Metaverse addition.
Metaverse Group, a significant virtual real estate owner and developer, has so far only created representations of the virtual property. According to Matt Zanardo, the firm’s consulting head, it will wait until Inhouse finds a buyer to completely build it out and choose the metaverse where it will reside.
According to Inhouse’s owner, “Companies and brands in our line of business were entering the metaverse, and we saw there was probably going to be a need for a connection to the real world.”
Recently, a number of organizations and brands have entered the metaverse recent months, and the feasibility of the virtual real estate industry has yet to be shown.
If the company succeeds with this deal, this will be the first-ever commercial/metaverse purchase and will forever change how commercial properties are presented to developers as well as other potential buyers.
Tech Giant Sells Miami Beach Mansion for $26 Million
David Centner, a successful inventor, and technology entrepreneur recently sold his waterfront mansion in Miami Beach for $26 million. Centner is known for his development of the Highway Toll Administration, Erase.com, and now he and his wife head a private school located in Wynwood.
The home located at 5465 Pine Tree Drive is sited on 21,156 square feet with 125 linear feet of water frontage along the Intracoastal Waterway canal. The mansion was built to resemble an Italian Mediterranean home with a majority of the finishes hand-made in Italy, right down to the teal roof tiles.
The home features 10 bedrooms, 14 bathrooms, 12-foot ceilings, marble floors, and hand-crafted solid wood cabinets imported from Milan. In addition, the home showcases a spacious home gym, theater room, 3 car garage, and a 2 bedroom/2 bathroom guesthouse.
The dine-in kitchen has seating for 28 and the outdoor is equally impressive with a 2,000 square foot pool, balcony, and an expansive dock.
The Centners built this home as a spec home through Inspirata Group which happens to be the buyers for the home as well (Nicholas and Susan Maounis, owners of the Inspirata Group).
At $26 million, the price equated to $2,364 per square foot.
Not only has Centner made headway in the tech world, but the family also runs Centner Development which is currently working on multiple real projects in Miami. The Centners currently own 2 condos in Miami and Miami Beach.
The Centners have recently sold a few of their properties including a Miami Beach mansion to Russell Weiner, the Rockstar Energy Drink Founder.
Revealed: The Perigon Miami Beach
Mast Capital and Starwood Capital Group have officially launched sales of The Perigon, a luxury condo development planned for an oceanfront site in Miami Beach located at 5333 Collins Avenue.
After the City of Miami declared the existing La Costa Condo tower unsafe last summer, Mast Capital bought out the remaining units in an effort to move forward with The Perigon. The City of Miami’s declaration came shortly after the collapse of the Champlain Towers South in Surfside. Mast owns approximately 88.5% of the current tower leaving 14 unowned.
In June 2021, Mast filed the development plans for the property and the official approval came in December 2021. Rem Koolhaas is named as the architect for the project while Tara Bernerd is listed as the interior designer. The design resembles a series of towers merged together allowing the residents optimal views of Biscayne Bay, Miami skyline, and the Atlantic Ocean
The development will rise 17 stories and feature 83 total units, with 10 of those units labeled as ‘guest suites,’ which will only be available to purchase by unit owners.
Units will range from 2 to 4 bedroom floor plans with 2,100 to 6,700 square foot options. Units will start at $3 million and will feature a number of luxury amenities and residence features.
Services
Residential butler
Dedicated lifestyle concierge
24-hour security and valet service
House car
On-site general manager
In-residence dining and catering from a signature on-site restaurant
Home management services from cleaning and maintenance to floral and pantry stocking (available for additional costs)
Tower Amenities
Signature oceanfront restaurant by a celebrated chef exclusive to residents
Beachside swimming pool and outdoor spa with sunbeds and cabanas
Pool and beachside food and beverage service
Direct entry to the dedicated beach, equipped with lounge chairs, umbrellas, and service
Sprawling conservatory offering daily breakfast bar
Stylish cocktail lounge and speakeasy
Dramatic double-height lobby with open lounge area
Luxury guest suites for friends and family
Sunrise lounge with catering kitchen for entertaining and events
Private spa with sauna and treatment rooms
A state-of-the-art fitness center with a high-impact training room overlooking the Atlantic Ocean
Bespoke wine room
Private salon for personalized beauty services
Screening room
Imaginative children’s playroom
Intimate garden and meditation lounge areas overlooking the Atlantic
Bicycle storage
Residence Features
Direct, private elevator entry to each residence
Gracious 10-foot ceilings with floor-to-ceiling windows
Private 10- to 12-foot-deep terraces designed to provide direct views of the Atlantic from every residence
Expansive living, dining, and entertaining area accented with linear cove lighting
Custom Italian kitchens designed by Tara Bernerd & Partners featuring honed marble countertops, backsplash, and island
Sub-Zero Wolf Appliance Suite
Primary bathrooms feature natural stone flooring and walls, custom bathtub, bespoke mirrors, and light fixtures
Walk-in wardrobes in each bedroom
The building is expected to top off in 2024 with a completion date in 2025. If you or someone you know have an interest in purchasing at The Perigon Miami Beach, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Official Plans Submitted for Riverside Wharf
In December 2021, it was announced that a Miami Developer along with Driftwood Capital announced plans the rebuild The Wharf alongside the Miami River. Now, those plans have officially been submitted to Miami’s Urban Development Review Board.
The plans for this project include a hotel and an entertainment complex with retail, food, and beverage. The cost for the project is estimated at $185 million. The plans submitted include 174 hotel units operated by Dream Hotels and 91,733 square feet of commercial space.
A 16,000-square-foot restaurant, a 12,000-square-foot event hall, a 30,000-square-foot nightclub/rooftop day club, and 600 feet of river frontage are all planned for the 200,000-square-foot project. Garcia’s Fish Market may also set up shop on the property as a pop-up market. Its commercial fishing activity used to be located on the property.
The zoning requirements for this type of proposal would include 417 parking spaces but the developers are requesting a 50% reduction in parking by the entertainment and hotel spaces sharing parking. Once approved, the parking spaces will be offsite.
A part of the proposed development includes public used land, which will require a special election. That election is currently scheduled for August 23 and it will involve a potential lease of the public property to the developer.
The 1.5-acre Miami River property at 114 Southwest North River Drive will be developed by MV Real Estate Holdings and its partner, Coral Gables-based Driftwood Capital. Nitin Motwani, the managing partner of Merrimac Ventures and the developer of the Miami Worldcenter, is also a general partner in the project, according to Mantecon.
The Miami Urban Development Review Board is scheduled to review the development proposal on March 16, 2022.
Top 5 Events at the Sobe Wine and Food Festival 2022
Today begins the long-awaited Food Network & Cooking Channel Sobe Wine & Food Festival. This national 4-day event, located in South Beach, showcases the world’s top culinary geniuses including chefs, wine connoisseurs, spirit producers, and notables taking you on a delicious tour of local and international cuisines.
This festival is a 21-year-old tradition that began as a small local event to showcase southern wines and spirits and now it has evolved into an event that brings 60,000+ people to Miami from all over the world. The Florida International University Chaplin School of Hospitality & Tourism Management hosts the event and brings in more than $31 million to cover scholarships, programs, and future events.
The festival itself features 70+ events and we have broken down the Top 5 Must-Visit shows for this year’s festival.
Coke Zero Sugar presents Diners, Drive-Ins and Dives LIVE with Guy Fieri
Thursday, February 24th, 7 pm-10 pmat North Venue Beachside at Delano– Diners, Drive-Ins, and Dives, your favorite Food Network show, is heading to the dunes of South Beach for a one-night-only appearance. Guy Fieri, the iconic chef, restaurateur, New York Times Best Selling book, Emmy Award-winning TV personality, and now 2022 Tribute Dinner recipient, will take you on a gastronomic journey that will leave your tastebuds screaming for more
All foodies are invited to sample Guy Fieri’s journeys around America in pursuit of some of the greatest “greasy spoon” eateries featured on his hit program. Fieri is no stranger to organizing the Festival’s most memorable festivities, and to commemorate the 21st year, he’ll be returning on the beach with some of America’s finest local food places to establish a collective of 25+ eateries to produce their mouth-watering concoctions on the sand.
Fontainebleau Miami Beach presents Wine Spectator’s Best of the Best Friday
Friday, February 25th, 7:30 pm-10:30 pm at Fontainebleau– Gathering 50+ of the nation’s greatest chefs to exhibit their most gourmet samplings to pair with over 60 wines. The Fontainebleau Miami Beach sets the perfect stage for this grand walk-around affair, which will feature a lineup of critically acclaimed chefs, James Beard Award nominees, and finalists, and Food & Wine Best New Chefs.
Only the founders and winemakers from each winery are asked to serve their finest varietals so you can learn how some of the world’s best vino is selected. There will also be a Wine Wall raffle entering you for a chance to take the Best of the Best experience home with you. Following its record-breaking success at last year’s event, the Wine Wall is returning to provide participants the opportunity to experience the appeal of Best of the Best for themselves at the Fontainebleau Miami Beach!
Foodventure at Citizens MiamiCentral Culinary Market hosted by Dwyane Wade
Saturday, February 26th, 4:00 PM – 6:00 PM at Citizen MiamiCentral Culinary Market – Downtown’s newest food hub awaits with a three-time NBA Champion and one of the most successful and legendary players in Miami Heat history, Dwyane Wade, during this walk-around eating experience. Citizens Miami, opened this winter by Sam Nazarian and his team at C3 by sbe, features a 26,000 square foot, 16-stall culinary market featuring C3’s popular culinary brands such as EllaMia, Umami Burger, Sam’s Crispy Chicken, and many more.
With delectable bites, trendy pop-ups, and wines from Wade Cellars, as well as delectable cocktails from the Southern Glazer’s Wine & Spirits portfolio, this early evening soirée will feature culinary creations perfectly executed by chefs from around the world, as well as local stars from South Florida. During the event, restaurants featured at Citizens Miami will exhibit new menus inspired by renowned chefs such as ‘Chef’s Table’ star Dario Cecchini, ‘Iron Chef’ Masaharu Morimoto, Umami Burger’s Chef Alvin Cailan, and Ella Mia’s pastry chef and babka king Shimi Aaron.
King St. Vodka presents Peace Love Yoga: A Soulful Yoga Experience at Nikki Beach with special guest Kate Hudson
Sunday, February 27th, 10 am-11:30 am at Nikki Beach – Practice self-care at this deeply nourishing yoga experience sponsored by celebrated actress and businesswoman Kate Hudson and King St. Vodka, an ultra-premium spirit inspired by her old home on King Street in New York City.
This DARLEE production is the brainchild of two of Miami’s most accomplished women (and yogis): philanthropist and marketing maven Arlene Chaplin, and the soulful Dawn B, who will lead the morning’s practice with her encouraging words and invigorating attitude. Nikki Beach will be transformed into a soothing pop-up yoga class, replete with a well-deserved post-session selection of healthy snacks, tunes by DJ Taz Rashid, King St. Vodka beverages, and Barton & Guestier wines that will respect both your practice and your palette.
Bacardi Carnival
Sunday, February 27, 2022, 6 pm-9 pm – Beachside at The Ritz-Carlton of South Beach – Join the celebration at The Ritz-Carlton of South Beach to wrap up the 21st anniversary of the Sobe Food and Wine Festival which will be hosted by James Beard Award-winning TV personality Andrew Zimmern, who also works as a chef, food writer, and teacher.
Zimmern is widely recognized as one of the food world’s most varied, knowledgeable, and “bizarre” characters, and he’s ready to add his vivacity and enthusiasm to this sand feast. The name of the game is free-flowing spirits, as BACARDI creates delightful cocktails with spirits from their extensive collection, including Bombay Sapphire, Tequila Cazadores, Dewar’s, D’ussé, Grey Goose, and Patrón.
The vibrant and colorful environment will be enhanced by live music, creating the perfect beach carnival to close up your Sunday Funday at the Festival!
Developer Sells Waterfront Estate to Cosmetic Company CEO
Photo Credit: Dora Puig
Pascal Nicolai, a Miami house developer, sold his waterfront Hibiscus Island spec home to a cosmetic company CEO for $2 million over asking price landing at a steep $15 million.
The waterfront estate located at 165 North Hibiscus Drive in Miami Beach features 5 bedrooms, 5.1 bathrooms all on 0.17 acres of water frontage. The MLS listing shows a rendering of the spec home with a modern finish with floor-to-ceiling windows covering the exterior.
The interior of the home showcases 4,791 square feet of living space with high-end finishes.
Tropical foliage surrounds the property creating privacy that is unmatched on Hibiscus Island. The pool overlooks the dock, Biscayne Bay, and faces the Venetian Islands.
The seller Pascal Nicolai is the owner of Nicolai’s Sabal Development and this is one of his many spec homes currently being developed in Miami. The buyer for the property is the CEO of Farmasi North America, Sinan Tuna.
Tuna’s company is not only a cosmetic company but it’s also a marketing company that was originally located in Istanbul. Farmasi plans to build a headquarters and distribution center for the company in Doral, Florida.
The property was originally listed in July 2020 for $13 million during its completion of construction. It was then taken off the market then resisted in late 2021 for $15.5 million. The property was last sold to the developer for $5.8 million in 2016.
Dora Puig, owner and broker of Luxe Living Realty represented the seller/developer of the property.
Miami International Boat Show is Back for Presidents’ Day Weekend
The 2022 Discover Boating Miami International Boat Show has officially started and we have all of the details to plan for your weekend.
The Miami International Boat Show has merged with the Miami Yacht Show to form this new boat show which organizers claim is the “largest boat and yacht event in the world.” This event is anticipated to bring over 100,000 people to Miami and will create a $1.34 billion economic impact for the area.
The start of show started in Miami Beach with a ribbon-cutting by Congresswoman Frederica Wilson. Wilson was one of the main people involved in the new collaboration of this year’s boat show. Wilson stated that this year’s boat show is “our Super Bowl in boating.”
The water aspect of the show will take place at various Marinas including Sea Isle Marina, IGY Yacht Have Grade at Island Gardens, Museum Park Marina, and One Herald Plaza.
The land portion of the show will take place at the Miami Beach Convention Center and Pride Park. At each event, you will be able to experience superyachts to kayaks, and everything in between.
After spending 5.5 years on significant renovations and imported furniture, Igor Olegovich Nesterenko, a businessman in the meatpacking industry from Moscow, sold his Fisher Island property for $21 million.
The unit located at the Palazzo Del Mare unit 7153, features 5 bedrooms, 5.5 bathrooms, a terrace, a playroom, and a conference room spanning over 7,025 square feet. It also has a private 2-car garage on the parking level of the building and a private cabana near the pool.
Nesterenko spent the 5.5 years refurbishing the condo because Fisher Island only allows for roughly half of a year’s time for construction due to noise restrictions.
Furthermore, much of the furniture was purchased from abroad and was rather large and proved difficult to ship overseas. The bathtub in the master bedroom was fashioned from a solid block of Greek White Thassos marble and was carried into the apartment using a crane. The majority of the furniture was also brought by crane since it was too large for the elevator.
The 7,025-square-foot Unit 7153 located at Palazzo Del Mare was sold to Fana Fisher Palazzo 7153 LLC, managed by a trust in Bellevue, Washington purchased the condo for $21 million equals $2,989 price per square foot.
The trust is under the umbrella of the Fana Group of Cos., a real estate corporation located in Bellevue led by Chairman and CEO Firoz Lalji.
The apartment was designed by Augusto Busnelli of Milan, according to Flikshteyn. The previous owner spent around $10 million on upgrades. The property was last sold in 2011 for $8.3 million.
The Palazzo Del Mare was built in 2007 and with an expansive amenity package including a 9-hole golf course, 18 tennis courts, a marina and yacht center, a gourmet market, 8 restaurants, and Spa Internazionale. A Fisher Island Day School and a mile and a half of pristine beaches.
Fisher Island, America’s wealthiest zip code, is a 216-acre barrier island located across Government Cut from Miami Beach. Fisher Island condominiums are in a class of their own when it comes to ultra-exclusive living in South Florida.
The island, which can only be reached by ferry, boat, helicopter, or seaplane, provides unrivaled protection. All visitors to the island must first be checked by security at the Fisher Island port.
