Elysee Prepares to Launch: a Superluxury Boutique Condo for Edgwater
Two Roads Development (the Miami-based firm who recently brought us Biscayne Beach) is following up their success by introducing Elysee, Edgewater’s first super-luxury boutique residences. The official launch will take place Wednesday, November 11 and construction is slated to begin early in 2016.
The 57 story bayfront tower will be located on 23rd Street, just north of the Adrienne Arscht Center and conveniently between the MacArthur and Julia Tuttle Causeways. We are most excited to see that the tower will have only 100 residences and all will be half-floor or full floor layouts. Every apartment will have a direct view of the Biscayne Bay as well as a sweeping sunset view. All of the layouts are expansive, ranging from 2,660 square feet up to 4,000 square feet and the developer is honoring the option to combine apartments for additional full-floor options as well as duplex residences. All of the apartments have private elevators & foyers as well as service elevators. Many apartments will also have staff quarters included in the layout.
Within the tower, there are three floors dedicated to common areas with services such as a blow dry bar, summer kitchen, 75 foot resort pool and a ground floor sunrise pool. The fitness center will include a yoga studio, reception desk, and spa with a separate play area for children. On the 30th level, residents will enjoy a grand dining room for up to 30 guests, business center, library, theater, and wine storage. Each apartment will include 2 parking spaces and a storage area.
Elysee was inspired by the French design and is being finished by Jean-Louis Denoit, the famed interior designer who was recently dubbed the “Modern Master of French Interiors” by Forbes Magazine. With prices averaging at $750/foot, and starting at $1.67M, we expect to see Elysee as another success story for Two Roads Development and also for residents of the area.
Boomerang Parking Files Bankruptcy: BrickellHouse Residents Left Without Parking – UPDATED
Residents of BrickellHouse Condominium in Brickell received notice this week that Boomerang Parking, the company that designed and installed the automated parking system in the building, filed for Chapter 11 bankruptcy. The bankruptcy actually took place in August; however, they have continued to operate the robotic system for the residents until now.
The bankruptcy trustee has demanded that BrickellHouse Condominium Association pay $100,000 immediately as well as $50,000 per month for continued service to the building. Failure to make the demanded payment will result in halted service of the parking structure effective 6:00PM on November 4th. The notice went out to residents on November 5th asking that they remain calm and make alternate self-parking arrangements in nearby garages until everything is settled. The Association is offering to reimburse the residents for their parking charges.
BrickellHouse is hesitant to make the demanded payment due to the fact that the parking system has yet to function properly since the building’s opening in late 2014, causing delay and headaches for residents. The company had promised residents that the cutting edge system would deliver cars within 10 minutes, however this has not proven to be the case. During peak hours, residents are many times left for half an hour or more before they even see their car to begin their commute. The building has done their best to offer apologies for the inconvenience, including free Starbucks during their wait and reimbursed fees for alternative accommodations.
The building was completed in late 2014 with 46 stories and 374 residences. Preconstruction buyers paid an average of $513/ft. Since the opening, 11 resales have been recorded with an average price of $572/ft. There are currently 73 active sales with an average price per foot of $660. Tenants are paying $1,900 for studios, $2,400 for 1 bedrooms and $3,500 for 2 bedrooms. Please keep in mind that these are average prices, availability fluctuates higher or lower depending upon the view and finishes of individual apartments.
****UPDATE****
BrickellHouse management has successfully arranged secured and covered valet spaces at neighboring buildings. They are also offering to pay for the alternative parking accommodations for the two days that residents were displaced. This will allow the residents to carry on with their normal routines until the situation is resolved. There is currently no word on how long the resolution will take but we will keep you posted.
16 Units at Met 1 Offering One Month Free Rent as Incentive
For those in search of a condo to rent in Downtown Miami, you may want to consider Met 1. Currently, an owner of 16 units there is offering one month free rent as an incentive to qualified renters – a pretty sweet incentive if you ask me! It’s uncommon to come across such an incentive for units in a condo development, especially one for so many units, so get it while you can!
The 16 units are a mix of 1 and 2 bedroom units, most of which include at least partial water views. Some of the units have carpet while others have tile throughout. Additionally, included in the rent price are basic cable TV, Internet, water, and one assigned parking space.
For those unfamiliar with Met 1 and/or are new to Miami, Met 1 is ideally located in Downtown Miami at 300 South Biscayne Blvd – just one block from the new Whole Foods and directly across the street from the Miami Riverwalk. The amenities at Met 1 include: a pool, hot tub, fitness center, men’s and women’s sauna, full-service concierge, valet parking, and much more.
To give you an idea as to what the units look like, I’ve included below photos that I took earlier this afternoon for 3 of the 16 available units (2201, 2914, and 3108). If you are in the market to rent a unit in Downtown Miami and would like to consider these as options, please contact me to schedule a showing. I can be reached via email at [email protected] or on my cell phone at 786-247-6332.
Unit 2201 – $2,100 per month
1 bed/1.5 bath corner unit with 790 interior square feet + balcony
Unit 2201 at Met 1 is a 1 bed/1.5 bath corner unit with beautiful views of the city and partial water views. The unit feels much larger than its stated 790 square feet. I love the fact that it has a window in the kitchen. I cook regularly at home, so that’s a big plus in my book.
Unit 2914 at Met 1 is a 2 bed/2 bath unit facing direct east and offering partial views of Biscayne Bay and the Miami River. It has tiled flooring throughout and balcony access off the second bedroom.
Unit 3108 – $2,850 per month
2 bed/2 bath 1,091 interior square feet + large balcony
Unit 3108 at Met 1 is a 2 bed/2 bath unit facing south and offering views of Biscayne Bay, the Miami River, Brickell Key, and Brickell. The balcony curves along the width of the unit with access from all rooms. The views from this unit are phenomenal!
Biscayne Beach – Construction Update (Photos)
Of all the condo developments that are completed or currently under construction in Edgewater, Biscayne Beach is by far my favorite. It will be the only condo development in Miami to include an actual beach. How awesome is that? Some of you, especially non-locals, may be thinking, “So what? There’s tons of sand in Miami.” Well, that’s where you’d be wrong. Miami is situated along the bay, not the ocean, and, therefore, does not have sand-filled, waterfront land. On the other hand, Miami Beach, which is a completely different city from Miami, has plenty of sand along its coast, because it’s situated along the Atlantic Ocean. And the rest of you may be thinking, “Duh, well of course.” Sorry, but I feel the need to clarify that very rudimentary point for locals, because, so often, I come across people who aren’t from Miami who think that Miami Beach is a beach off the coast of Miami and that beaches there are plentiful.
Anyway, enough with the geography lesson – all that is about to change. The developer of Biscayne Beach is bringing the beach to Miami. Residents of Biscayne Beach and their guests will be just an elevator ride away from feeling the sand on the bottoms of their feet and/or enjoying a cocktail at the beach club bar. The atmosphere at Biscayne Beach should truly be a unique and special experience. The building hasn’t even been completed, yet every time I drive by it, the song “Beachball” by Nalin and Kane comes to mind. For those of you who have never heard of that song, “Beachball” was the 1997 international dance club hit. The song starts off with the words, “Yeah, let’s go to the beach”. The rest of the song is then filled with rhythmic yet soothing beats and voices. Such an amazing track! To me, it embodies the energy and atmosphere that one will find at Biscayne Beach once it is completed.
Construction of Biscayne Beach is well on its way. Earlier today, I made a visit to the construction site to show a 2 bedroom condo at Platinum. While there, I had an opportunity to snap some photos showing the progress being made to Biscayne Beach. By my count, construction has reached the 26th floor. Below are the photos I took this afternoon. Oh, and in case you’re wondering, just a handful of units remain at Biscayne Beach, one of which is a two-story grand penthouse residence with 4 bedrooms, a den, a study, wine room, 5 full bathrooms, and a rooftop terrace with private plunge pool and summer kitchen. The penthouse has 7,878 interior square feet plus an additional 2,785 square feet of outdoor space. Asking $9,450,900 ($1,200 per square foot).
Elysee Condos – Edgewater’s First Ultra-Luxury Condo Development
With new condo developments being announced seemingly on a weekly basis, there are few that excite me these days. Elysee -a recently announced, ultra-luxury tower with just 100 total units – is one that does. Elysee exudes exclusivity and elegance in every way imagined. The 57-story condo development will be located directly on the water in Edgewater at 700 Northeast 23rd Street and include 3, 4, and 5 bedroom floor plans ranging from 2,844 to 3,979 interior square feet. With the exception of the penthouse – which will cover an entire floor and offer full 360-degree views – each of the units below it will span a half floor and offer full 180-degree views (east-south-west or east-north-west). As you can see in the mini scale model above, the floor plans get wider as you go up the building. Every residence at Elysee will have private elevators, 8- or 10-foot deep balconies, and 10- or 11-foot high ceilings with walls of glass all around to showcase the spectacular water and city views.
Most importantly – at least to me – Elysee will be a white-glove service building (think St. Regis). Not enough can be said about how exclusive and differentiating it is for a building to offer such pampering services to its residents. Along with the full-service concierge, Elysee will feature lavish full-floor amenities on both the 7th and 30th floors. The 7th floor will include a 75-foot resort pool; outdoor summer kitchen & BBQ; men’s and women’s spa with sauna, steam shower, and private massage rooms; fitness center; yoga studio; children’s playroom; and blow dry bar.
As if that weren’t enough, the 30th floor – which residents will be able to rent out for formal events – will feature a great room with grand piano and sweeping, unobstructed views of the city and water; chef’s kitchen; chef’s table with indoor and outdoor seating; grand dining room with seating for 30 people; theater room with 4K projector; full lounge bar; business center; resident wine storage; and game room.
Prices for the half floor units at Elysee start from $1.67M. That amounts to just $587 per square foot! Given the caliber of building that Elysee will be, that has bargain written all over it. There are few condo developments in Miami to get excited about these days, but Elysee is the exception. It will set the bar not only for condo developments throughout Edgewater but throughout all of Miami.
Elysee was soft-launched late last week. However, it won’t officially be released to the public until October once the sales center is built. This is the time to get in at Friends & Family pricing. Contact me for details.
Just Listed – 2 Bedroom Corner Unit at The Plaza on Brickell with Direct Water Views – Asking $825,000
I am pleased to announce my newest listing – unit 3211 at The Plaza on Brickell – a 2 bedroom, 2.5 bath corner unit with breathtaking views of Biscayne Bay, Brickell Key, and Key Biscayne. This is an 11 line unit located on the 32nd floor of the Brickell Bay tower, arguably the best line in the entire development. Most importantly, the unit clears the Four Ambassadors across the street by 12 floors, allowing for direct water views. As one would expect, units that clear the Four Ambassadors sell at a big premium to those that do no. Last September, unit 3411 – just two floors directly above unit 3211 – sold for $850,000. That unit was sold furnished with marble flooring throughout. Priced to sell, unit 3211 is being offered for $825,000.
The Plaza on Brickell is centrally located, just blocks from the shops, restaurants, and bars at Mary Brickell Village and the upcoming $1.2B mixed-use development called Brickell City Centre. Amenities at The Plaza on Brickell include: two swimming pools, hot tub, steam room, two fitness centers, 24-hour concierge, 24-hour valet parking, club room, theater, and more.
Icon Bay – A First Look at the Exterior and Bayfront Sculpture Park [VIDEO]
The wait is almost over! Closings are expected to start next month for the highly anticipated Icon Bay. This was the development that set off the mad land grab in Edgewater among Miami real estate developers. Preconstruction condo sales for this luxury waterfront development launched back in August 2012. Finishing touches are currently being made to the exterior of Icon Bay as well as to the bayfront sculpture park.
Earlier today, I took a drive up to Edgewater, parked my car, and then walked the grounds at Icon Bay. I was able to take some photos as well as a quick video tour of the property to give you a good feel for what you should expect from Icon Bay once it arrives next month.
Below are the photos that I took earlier today of Icon Bay and the bayfront sculpture park:
Drone Video – Marinablue Unit 5602
Throughout my career, technology has played an instrumental role in the success of my business – from implementing the latest website technologies to launching mobile apps for the Miami condo market. One such technology that has been a mainstay in my business is video. Since at least 2006, I have incorporated video in my real estate business to capture and market properties online. Back then, to capture a video tour of a property, I would strap a digital camcorder to a tripod and push it around on dolly wheels. Since then, not only has video technology improved significantly but the means with which to capture footage has seen major advancements as well. Perhaps the most notable of these advancements is drone technology. By attaching an HD camera to a drone, one is able to capture breathtaking shots from way up high. It also is a fabulous way to provide geographic perspective to an online audience who may not be familiar with the location of a property.
Over the past year, I’ve been waiting for the perfect opportunity to integrate aerial footage captured via drone to my marketing arsenal. My recent listing of unit 5602 at Marinablue – a turnkey furnished 2 bedroom condo located just one floor below the penthouse level – seemed more than ideal. The video above demonstrates the power of drone technology in capturing stunning footage from the skies above. After watching it, I am sure you will agree that drones and real estate are a match made in heaven.
Marinablue is located at 888 Biscayne Blvd in Downtown Miami – directly across the street from Museum Park.
Showroom-quality Industrial Loft at Parc Lofts – Asking $539,900
It is with great pleasure that I introduce my newest listing – unit 503 at Parc Lofts – a fully furnished, showroom-quality 1 bedroom, 1.5 bath bi-level loft with soaring, 20-foot ceilings and 1,109 interior square feet. No expense spared. Over $150,000 spent in upgrades, furniture, lighting, and renovations. Incredible attention to detail. Master and half baths both completely renovated. Master bath features a steam shower with rainfall shower head and side body jets. The entire residence has been elegantly designed and furnished. A true work of art!
Additional features include: a Samsung 4-door refrigerator, Fisher & Paykel DishDrawer dishwasher, Bosch front-loading washer, Bosch front-loading dryer/steam dryer, tankless water heater, and more. A hydraulic lift to park a second vehicle also comes included.
Asking $539,900 – a fabulous opportunity for the uncompromising buyer in search of the finest of industrial lofts in Miami. Unit 603, the exact same floor plan but without ANY upgrades, sold unfurnished last year for $420,000.
Parc Lofts – just minutes from Downtown Miami, Edgewater, Wynwood, and Midtown Miami – is located at 1749 NE Miami Ct in the neighborhood known as the Arts + Entertainment District and catty-corner from the preconstruction condo development called Canvas, which has been selling at an average of $475 per square foot.
For questions and/or requests to view the property, please contact me via email at [email protected] or by phone at 786-247-6332.
