Coming to Market – 1800 Club Unit 4003 – Asking $599,000
I am happy to present a beautiful, new listing – a turnkey furnished, 2 bedroom/2 bath condo at 1800 Club offering breathtaking views of the Atlantic Ocean, Biscayne Bay, Miami Beach skyline, cruise ships, and sunrise from the 40th floor. The unit has 1,142 interior square feet; stainless steel appliances; wood flooring throughout the living room, kitchen, and both bedrooms; marble flooring throughout both bathrooms; and a Jacuzzi tub in the master bath. The video located at the bottom of this post, which was shot just a few days ago, provides the viewer with a thorough tour of the condo.
This condo, unit 4003, would make for an excellent investment property. It was last rented for $3,200 per month and would have no problem fetching at least $3,300 per month if it were rented today. The condominium association dues are $550 per month. These dues include services and expenses such as basic cable TV, high-speed Internet, water, sewer, trash removal, use and maintenance of the amenities and common areas, insurance on the exterior of the building, and on-site building management. Amenities at 1800 Club include: fitness center with direct water views, sauna, steam room, hot tub, club room, valet parking, and 24-hour concierge. 1800 Club is conveniently located directly across the street from Margaret Pace Park – a dog-friendly, waterfront park which includes a basketball court, fitness area, children’s playground, volleyball courts, and tennis courts.
1800 Club unit 4003 will hit the market in the coming weeks with an asking price of $599,000. If you have any questions and/or if you would like schedule an appointment to view the property in person, please do not hesitate to contact me. I may be reached via email at [email protected] or on my cell phone at 786-247-6332.
Below is a floor plan for unit 4003 at 1800 Club:
Work Begins on Front Entrance to the Upcoming Me by Melia Hotel at Marquis Residences
Work has begun on the front entrance to what later this year will become the Me by Melia Hotel. Yesterday afternoon, while out running errands in the neighborhood, I noticed fencing marking off the perimeter for the project. The area located immediately in front of Marquis Residences, and running parallel to Biscayne Boulevard, will see a complete redesign, including new landscaping. The rendering found at the end of this post shows what the finished project will look like. Notice the outdoor dining area and bar for the Rebel by STK restaurant. The one thing that Downtown Miami is lacking is a selection of fine dining options. Where others have failed, I hope to see Rebel by STK succeed. The neighborhood will see a complete transformation in coming years, so perhaps the timing is perfect.
Just Listed – Unit 1105 at Jade at Brickell Bay – Asking $870,000
I am happy to announce my newest listing – a spectacular and incredibly rare, east-facing 1 bedroom, 1.5 bath condo at the luxurious Jade at Brickell Bay. The unit boasts 1,135 interior square feet; a large, expansive terrace suitable for outdoor dining and lounging; marble flooring throughout; and a breathtaking view of Biscayne Bay and the sunset. The kitchen comes equipped with cherry wood cabinets, granite countertops, and stainless steel appliances by Miele and Sub-Zero, including a wine cooler and cappuccino maker. The lavish bathroom suite features a Jacuzzi tub, separate glass-enclosed shower, bidet, and double vanity with marble countertops.
Jade at Brickell Bay offers world-class amenities which include: a penthouse-level club room; infinity-edge pools overlooking Biscayne Bay; a full-service spa and health club with sauna, steam room, massage rooms and treatment rooms; 24-hour, full-service concierge; complimentary valet parking for guests; 24-hour business center; and children’s playroom. The building is ideally located at 1331 Brickell Bay Drive, directly on the water and within walking distance to the shops, restaurants, and nightlife at Mary Brickell Village and the upcoming $1.2B+ mixed-use development called Brickell City Centre.
Unit 1105 is the ONLY 1 bedroom tower residence at Jade at Brickell Bay with a direct water view that is currently offered for sale. Within the past six months, there have been 8 east-facing units in the building that have sold (shown below). They sold at an average of $757 per square foot.
- Unit BL-41 – sold for $722 per square foot on June 12, 2014
- Unit 3305 – sold for $739 per square foot on June 23, 2014
- Unit 2305 – sold for $711 per square foot on June 17, 2014
- Unit 2211 – sold for $793 per square foot on July 29, 2014
- Unit 3809 – sold for $723 per square foot on August 6, 2014
- Unit 2409 – sold for $838 per square foot on August 14, 2014
- Unit 3001 – sold for $813 per square foot on October 30, 2014
- Unit 1511 – sold for $719 per square foot on November 12, 2014
Don’t miss your opportunity to purchase this hard to come by, east-facing 1 bedroom condo at the illustrious Jade at Brickell Bay. See below for additional photographs. If you have any questions and/or an interest in viewing the unit in person, please contact me via email at [email protected] or on my cell phone at 786-247-6332.
One Thousand Museum Groundbreaking Ceremony Set for Tomorrow at 11:30am
While out for a stroll earlier this morning, I noticed that signage marking the parameter of the One Thousand Museum site was up and ready to go for tomorrow’s groundbreaking ceremony. The ceremony will run from 11:30am to 1:30pm and present, as the guest of honor, will be Zaha Hadid herself.
Progress Marches on in Downtown Miami
These days, it seems as though changes in Downtown Miami are happening overnight. In some cases, they do. While out walking my dogs tonight, I noticed two significant changes that I hadn’t noticed just the night before. (1) The Downtown Miami Pawn Shop has been obliterated. In fact, with the exception of some support beams and small overhang from what remains of the gas station, the development site of One Thousand Museum is free of all standing structures. (2) Miami Worldcenter banners are now wrapped around various fenced off lots marking the parameter of the development site for The Mall at Miami Worldcenter. One of the images on the banner shows a rendering of the upcoming Paramount Miami Worldcenter which is slated to break ground in the second quarter of 2015. It is a very exciting time for this burgeoning neighborhood. Three years from now, in many respects, Downtown Miami will be unrecognizable.
Ten Museum Park Pet Policy Change
At a recent board meeting, the Residential Board of Directors for Ten Museum Park voted and passed to overturn the pet policy. Once again, renters will be permitted to have a maximum of two pets per unit with a combined total weight not to exceed 100 pounds. All unit owners and renters will required to fill out a pet registration form, submit a photo of their pet(s), and remit a non-refundable $50 pet fee per pet. The policy change will go into effect starting December 19, 2014.
In my opinion, this is great news for unit owners in the building, especially for investors. There have been so many times that I have had to turn away prospective renters from Ten Museum Park simply because they have a pet. Up until around August 2013, Ten Museum Park had been a pet-friendly building and a favorite among pet owners due to its open floor plans. The change should increase rental demand for units at Ten Museum Park, which should in turn have a positive impact on rental prices. As it stands, rental inventory is low in the building. Currently, there are just 6 units available for rent at Ten Museum Park of 200 total units. With the newly opened, $40M Museum Park right across the street, I am sure Ten Museum Park will once again be a favorite among dog owners.
Just Listed – Unit 2402 at Ten Museum Park – Asking $969,000
I am pleased to introduce my newest listing at Ten Museum Park – unit 2402 – a beautiful 2 bedroom, 2.5 bath, bi-level loft with over 1,800 interior square feet and a private balcony overlooking the newly opened Museum Park. The property features soaring 20-foot ceilings with floor-to-ceiling glass windows; stainless steel appliances by Sub-Zero, Miele, and Bosch; a Terrazzo-topped custom kitchen island; utility room with full-size washer and dryer; a full glass-enclosed shower with rainfall shower head; and direct, unobstructed views of the Atlantic Ocean, Biscayne Bay, and Miami Beach skyline.
As of this posting, unit 2402 is the best priced unit in the building among those that offer a direct water view. As you may recall, I recently listed and sold unit 1802 – a 2 bedroom located six floors directly below unit 2402. That one received multiple offers and went under contract within 7 days. With peak season right around the corner, I am confident that interest in this property will be equally as great.
Below, you will find additional photographs of unit 2402 at Ten Museum Park. If you or someone you know have an interest in viewing this property in person, please contact me via email at [email protected] or on my cell phone at 786-247-6332.
Paramount Miami Worldcenter – Now Accepting Reservations!
The moment has finally arrived – reservations for condos at Paramount Miami Worldcenter are now being accepted. In this initial offering, the developer is releasing just 60 of the tower’s 470 total units. Each residence at Paramount Miami Worldcenter will have 10-foot ceilings, a private elevator, and either 11-foot or 14-foot deep terraces. To give you sense for the size of the terrace space, they are as large or larger than most master bedrooms in Miami. The floor plans are huge! The smallest 1 bedroom condo has 1,294 interior square feet; the smallest 2 bedroom condo has 1,690 interior square feet; and the smallest 3 bedroom condo has 2,320 interior square feet. Paramount Miami Worldcenter reminds me of something out of Las Vegas mixed with Time Square. I will have the renderings within the next couple of days. Be ready to be impressed. This development is truly remarkable. Contact me for additional details.
Paramount Miami Worldcenter will rise 700 feet and include 466 total residences comprised of the following mix of units:
- 1 bedroom + den/2 bath (ranging from 1,294 interior square feet to 1,386 interior square feet) – starting at $690,000
- 2 bedroom + den/3 bath (ranging from 1,630 interior square feet to 1,753 interior square feet) – starting at $980,000
- 3 bedroom + den/4 bath (ranging from 2,320 interior square feet to 2,376 interior square feet) – starting at $1,400,000
- Villas (will be released at a later date – located on the 9th floor; private swimming pool and rooftop Jacuzzi; approximately 3,000 interior square feet) – TBD
- Penthouses (will be released at a later date – located on floors 46 through 54) – TBD
Below is the Paramount Miami Worldcenter building floor plan key for condos located on floors 11-45:
Below are the floor plans for condos at Paramount Miami Worldcenter. They are displayed in order starting with the 01 line and ending with the 12 line. Take note of the size of the terraces (AKA “outdoor living rooms”).
Amenities at Paramount Miami Worldcenter will include the following:
- 9th Floor Amenities
- Recreation Lounge
- Outdoor Lounge
- State-of-the-art Fitness Center
- Boxing Studio
- Aerobics Area
- Treatment Rooms
- Hair/Nail Bar
- Outdoor Bath Gardens
- Kids Play Room
- Video Game Play Room
- Social Lounge (Pool Table, etc.)
- Karaoke/Jam Room
- Recording Studio
- 10th Floor Amenities
- Resort-style Pools with In-pool Cabanas
- Walking Paths
- Picnic/BBQ Areas
- Yacht Skyview Deck amenities located at the very top of Paramount Miami Worldcenter
- Skyview Lounge
- Pool
- Bar
- Yoga Deck
Deposit schedule for Paramount Miami Worldcenter is as follows:
- 10% at reservation – NOW
- 10% at contract (1st quarter of 2015)
- 10% at groundbreaking (2nd quarter of 2015)
- 10% at 8th floor (4th quarter of 2015)
- 10% at top-off
- 50% at closing (Summer 2018)
Paramount Miami Worldcenter development team:
- Developer – Daniel Kodsi, Art Falcone, and Nitin Motwani
- Architect – Elkus Manfredi Architects
- Interior Design – ID & Design International
The following videos provide an overview of the Miami Worldcenter Master Plan which includes not only Paramount Miami Worldcenter but also The Mall at Miami Worldcenter:
Paramount at Miami Worldcenter – Preconstruction Condo Sales Coming Soon
The moment is almost upon us – a moment that has been in the making since 2008 when the Miami City Commission approved a development agreement with Miami Worldcenter and endorsed its Master Plan for Downtown Miami. Fast forward to the present and that Plan is about to become a reality. Spanning nearly 30 acres with projected costs over $1.5B, Miami Worldcenter will be the second largest urban development in the United States. It will include 765,000 square feet of signature retail anchored by Bloomingdale’s and Macy’s, 4.5 acres of open space, 7,000 new parking spaces, and an ultra-modern Marriott Marquis World Convention Center Hotel with 1,800 rooms, 600,000 square feet of convention space, and an 80,000 square foot outdoor event deck. To top it all off – literally – the Master Plan for Miami Worldcenter will include multiple residential towers with over 1,000 units.
The first residential tower to launch will be Paramount Miami Worldcenter – a luxury condo development rising over 700 feet with 60 stories and 466 total condo units. Yesterday evening, along with a few of my close clients, I received a full presentation and must say that I was blown away. I am not at liberty to divulge much else in such a public forum but will say that that Friends & Family pricing is set to launch in the coming weeks followed by a more public launch towards the end of this year. If you have even the faintest of interest, please do not hesitate to contact me for additional details. You may reach me at [email protected] or on my cell phone at 786-247-6332.
To give you a better sense for Miami Worldcenter’s Master Plan, I have included a few videos below:
