New Tower-Ambienta Coral Way Receives Official Design Approval
On Wednesday, Ambienta Coral Way received official design approval to begin the $20 million condominium project. Ambienta Executive Vice President Carlos Balart met with Miami’s Urban Design Review Board to discuss the design and construction approval.
Ambienta Coral Way will rise 8 stories on the corner of Coral Way and Southwest 31st Road, just steps from local restaurants, nightlife, and shopping. This development will also include two retail spaces including a restaurant.
Ambienta Developers, a Chile-based development company, is responsible for Ambienta and Revuelta Architecture International is behind the design. Revuelta is also responsible for the designs of Brickell Flatrion and Santa Maria. This is Ambienta Developer’s second project, with their first being Ambienta Bay Harbor in Bay Harbor Islands.
The 79 unit tower will feature floorplans ranging from 1 to 3 bedrooms with 600 to 1,200 square feet of living space. One and two bathroom options are available. Pricing for Ambienta Coral Way will start at $390,000 and continue to increase based on floor plans and finishes.
Development Amenities:
Gym
Party Room
Pool with cabanas
Outdoor kitchen
Kitchen facilities
Waterfront spa
Sauna
Picnic Area
Club Room
Valet
Deeded Beach Access
This development will replace two existing apartment buildings. Pre-sales are anticipated to begin later this year, with construction beginning in early 2022. Construction is expected to be completed by late 2024. If you or someone you know have an interest in purchasing at Ambienta Coral Way, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Gloria Estefan Sold Star Island Mansion for $35 Million
The Miami luxury real estate market is hot! It is so hot, that multiple real estate records have been broken in the last few months for Miami-Dade. Just last month, a luxury mansion sold for the highest price sold home in all of Miami-Dade history at $65 million.
Photo credit: Jill Eber with Coldwell Banker Realty
Bay Harbor Islands also had a record-breaking sale of $12 million just last week, making it the highest sold home on all of the 2 islands. We are seeing more and more luxury residential homes sell than ever in the past few years and now we can add Gloria Estatfan’s mansion to the list!
Photo credit: Jill Eber with Coldwell Banker Realty
Gloria Estefan and her husband Emilio sold their Star Island Mansion for $35 million at the end of July. The buyer for this property is unknown but according to tax records, the buyer is listed under an LLC managed by Tri Star Sports & Entertainment Group.
The gated waterfront mansion located at 1 Star Island Drive features a main house as well as a guest house situated on 1.3 acres of bliss. The two-story main house boasts 3 bedrooms, 6.5 bathrooms, rich hardwood and marble floors throughout, arched doorways, and a large refined kitchen with remarkable ocean views.
Photo credit: Jill Eber with Coldwell Banker Realty
At the front of the property is the separate 3 bedroom, 2.1 bathroom guest house. The grounds also feature a pool/spa, private boat dock, tropical foliage, and palm trees providing plenty of privacy. Sean “Diddy” Combs is also the neighbor of this gorgeous estate.
Gloria and Emilio first purchased the home for $1.84 million in 1993. The property has been on and off the market since 2015 at $40 million but the last list price in 2020 was $27.9 million.
Although their house sold, they will reside in their primary home which is reported to be within proximity to Star Island.
Photo credit: Jill Eber with Coldwell Banker Realty
District 225- Formerly Named The District-Have Officially Launched Sales
District 225 is an innovative pre-construction development that will soon grace the Miami skyline. What makes this project unique is its home-sharing capabilities as well as its resort-style amenities.
Located at 225 and 233 N. Miami Avenue in downtown Miami, this 37-story tower will feature 343 fully furnished units that cater to short-term renters. The site is near Miami-Dade College and the Federal courthouse. Just two blocks east is the Government Center transit station. There is currently a 15,000 square foot retail building located on the property but once demolished the construction will begin.
The Related Group, Rovr, and BH group are working together on District 225. Siegler Suarez Architects partnered with Meshberg Group will be responsible for the design.
Along with 343 units, District 225 will not have a parking garage. To alleviate some consumer hesitancy, residents will have close access to public transportation as well as nearby city garages where residents can rent spaces.
District 225 will total 288,400 square feet with studios to 2 bedroom floor plans. Studio pricing will begin around $350,000 up to $700,000 for the 2 bedroom floor-plans. There will also be 2,297 square feet of commercial space located on the main floor.
District 225 Amenities
Rooftop pool
Fitness center
Indoor/outdoor basketball court
Racquetball court
Rock-climbing wall
Yoga/spinning studio
Coworking spaces
Lounge with billiard tables
Summer kitchen
Residence Amenities
Views of Biscayne Bay and Miami skyline
Fully finished and furnished studios, one-, and two-bedroom residences
9.8-foot-high ceilings
Smart-home technology experience for seamless personalization with the touch of a button
Interiors designed by award-winning interior design firm Meshberg Design
Fully built-out closets in all residences curated by Meshberg Design
Includes integrated audio, video, window treatment, and lighting systems
Equipped with a contemporary lighting package, including recessed lighting, dimmers, and lighting control
Built-in, top-of-the-line washer and dryer
Flooring selections included with specifications recommended by Meshberg Design
Pre-wired for high-speed communications and data connection
Kitchens featuring custom Italian cabinetry curated by Meshberg Design
Smeg appliance package including an integrated, paneled microwave; dishwasher; built-in convection oven; and refrigerator/freezer
Master baths featuring rainfall showerhead and custom Italian vanities
Dornbracht and Duravit bathroom fixtures, features, and accessories
If you or someone you know have an interest in purchasing at District 225, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
A Developer Penthouse at Mansions at Acqualina Sold for $27 Million
Another luxury condo ranks for the third spot for the highest priced condo sale in Miami-Dade History. Developer, the Trump Group (no relation to President Donald Trump), sold a penthouse at the Mansions of Acqualina for a cool $27 million. This specific unit was originally listed for $38 million in 2019.
The penthouse unit located at 17749 Collins Avenue, PH 47 in Sunny Isles, features 4 bedrooms, 6.5 bathrooms, and a 2 car garage. This gorgeous unit boasts 9,103 square feet of living space with killer views of Biscayne Bay, the direct ocean, and the Miami skyline.
Two kitchens in this unit make for easy living with guests as well as family. The private 12′ glass-bottomed cantilevered pool is a private oasis above Miami. All of the units in Acqualina are fully furnished by Fendi, Baccarat, and Bentley.
Tax records for this unit show a Delaware entity listed as Kodiak Trust Company in Eagle Ridge. Records also show that Oren Shmueli, Senior VP of the Trump Group was on the Deed of Transfer.
The Mansions of Acqualina offer much more than your average amenities. Look forward to a ‘virtual’ golf outing, Hamman Spa, private cabanas, and much more!
The Mansions at Acqualina Amenities
Fitness Center with State-of-the-Art Equipment
Poolside Private Cabanas
Hammam Spa
Children’s Center
Virtual Golf
Outdoor Dining and Spa
Sunset Reflecting Pool and Fire Pit
Lavish Grand Room for Private Functions
Concierge, Security, and 24-Hour Valet
Dog Park
The Mansions at Acqualina Residence Features:
Private Jacuzzi on Terrace
2-Story Floorplans
Multiple Balconies with Ocean and Intracoastal Views
Outdoor Summer Kitchen
Balconies with Ocean and Intracoastal Views
Floor-to-Ceiling, Bronze-Tinted, Impact-Resistant Windows and Sliding Glass Doors
Intelligent Climate Controls with Digital Thermostats
Vent-Less Fireplace in the Family Room
Intrusion Alarm Monitoring Service
Imported Stone Countertops and Backsplashes
Free Standing Custom Tub with Dornbracht Plumbing Fixtures
The Trump Group is also developing a two-tower condo project next door called the Estates at Acqualina.
If you or someone you know have an interest in purchasing at the Mansions of Acqualina, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Aria Reserve-Tallest Waterfront Twin Towers in the United States are Coming to Miami
I am sure you have heard of the Aria Reserve Towers Miami, and if you haven’t, keep reading. It will truly be the most unique and luxurious towers to grace the Miami coastline. With its modern yet sultry design set directly on Biscayne Bay, it will truly feel like you are living on a resort!
Located at 711 Northeast 23rd Terrace, Miami’s most coveted area in the Edgewater neighborhood, Aria residents will be able to enjoy Miami’s pristine beaches, Miami Beach nightlife, and the Design District’s shopping. This project is being developed by the Melo Group and designed by Bernardo Fort-Brescia of Arquitectonica with interiors designed by MORADA.
Aria Reserve will be the tallest waterfront twin residential towers in the United States rising 62 stories high. Sited on a 5.2-acre development with 547 linear feet of water frontage, it will offer unparalleled amenities. Melo Group also plans to build a public park from Aria connecting to the Miami Baywalk. The development site was previously known as Island Bay.
The Melo Group has recently launched sales for 321 units in the south tower of Aria. With roughly 800 units between the two towers, pricing for Aria Reserve’s first building will start at $750,000. There are 15 penthouses available starting at $12 million. Units will feature 1 to 4 bedroom floor plans with 1,100 square feet to 2,600 square feet of living space. The penthouses will range from 3,500 square feet to 9,000+ square feet, each including a 3-car garage. Sales for the second tower will be launched based on market demand.
Tower Amenities:
2-acre recreation deck
Lap pool and spa
Gaming center
Playground
Tennis courts
Basketball courts
Paddle courts
Miniature golf course
Wellness center
Gym
Meditation Garden
Residence Features
Unobstructed views of Biscayne Bay and Ocean
Finished residences with two flooring options
All residences include 2 high-speed elevators
All residences include an office/media room
All residences are sunrise-sunset flow-through from East to West
3-month seasonal rentals allowed up to 4 times per year
Construction of Aria Reserve south tower should begin in the spring of 2022 with an anticipated completion date of 2024. If you or someone you know have an interest in purchasing at Aria Reserve, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Doubling in Value – Venetian Island Waterfront Mansion Sells for $30 Million
The Venetian Islands in Miami are man-made islands connected by the Venetian Causeway from downtown Miami to Miami Beach. These islands offer some of the most lavish and unobtrusive island living in Miami. Totaling 6, each island offers its on appealing qualities.
In the winter months, you will see socialites, notables, and celebrities flocking to these gorgeous islands for a private and luxurious getaway. These islands offer a mixture of Mediterranean and Italian inspired architecture and landscaping. With swaying palms, stone exteriors, you will feel like you are on a secluded resort island.
More recently, a waterfront mansion with one of the largest lots on the Islands sold for $30 million. Doubling its value, this property was originally purchased for $13.5 million in 2014. The new purchase price equaled $3,870 per square foot and was sold off-market.
Located at 943 N. Venetian Drive, this lot faces north on Biscayne Bay, making it one of the most desirable locations. The property features 7,752 square feet of living space on 1.08 acres with private gate entrance.
The estate was built in 1937 with additions in 1994 and 2004. Guests are greeted with a circle drive leading to a Mediterranean stucco finish mansion with 6 bedrooms, 7 bathrooms, 7 statues, a pool, balcony, and boat dock.
Sellers for the home include Marjorie E. Stone and Ricardo Rodriguez, but the buyers are currently unknown with a registered name of Delaware LLC.
Waldorf Astoria Hosts its Official Sales Gallery Grand Opening
The long awaited sales gallery launch for Waldorf Astoria Residences Miami has officially arrived and we couldn’t be more excited! Last night Waldorf Astoria hosted their official sales gallery grand opening located at 400 Biscayne Blvd across the street from Waldorf Astoria’s official pre-construction tower site.
PMG developers Ryan Shear and Kevin Maloney were in attendance as well as Miami Mayor Francis Suarez and Waldorf Astoria Hotel & Residences architects Carlos Ott and Charles Sieger (of Sieger-Suarez Architects). Mayor Suarez stated, “we are so proud of this iconic project that is going to help redefine who we are as a city.”
Waldorf Astoria Residences Miami will rise 100 stories at 1,049 feet tall making it the “highest skyscraper south of Manhattan.” It will also be the first Waldorf Astoria development in South Florida. Featuring 360 condos, 205 hotel rooms and suites, this incredible tower will truly be one of a kind. Tower amenities include a Peacock Alley lounge, signature restaurant, resort-style pool with cabanas, spa and fitness center.
Designed by Carlos Ott and architecture by Sieger Suarez, the design will feature 9 glass cubes offset from the next. This design will truly be the first of its kind in South Florida.
PMG developers, led by Ryan Shear, Kevin Maloney, and Dan Kaplan are the brains of the project and have stated that they have been working on the development project since 2014 and originally announced the launch in 2018.
Property Markets Group, Greybrook, and Hilton are also partnering on the project. The hotel portion of the Warldorf will be the first 3 cubes and Hilton will be managing that portion of the tower.
The residential units will begin at $656,000 and will increase depending on the location in the building as well as the size
STUDIOS
CUBE 4 – above level 40 From 516 sq ft. to 653 sq ft / Starting at $656,000
ONE BEDROOM
CUBE 5 – above level 50 From 873 sq ft. to 950 sq ft / Starting at $997,500
TWO BEDROOMS
CUBE 5 – above level 50 From 1491 sq ft. to 1951 sq ft / Starting at $1,701,000
THREE BEDROOMS
CUBE 5 – above level 50 2659 sq ft. / Starting at $4,111,000
FOUR BEDROOMS
CUBE 6 – above level 60 3,256 sq ft / Starting at $4,987,000
Sales for Waldorf Astoria launched in March 2021 with an estimated ground breaking in Q4 of 2021. The completion date is currently set for 2025. If you or someone you know have interest in purchasing one of the units at Waldorf Astoria Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Inside Miami’s High-Security Billionaire Bunker – Indian Creek Island
Located on a barrier island on the outskirts of Biscayne Bay, sits a gorgeous Island shrouded in exclusivity and extreme wealth. Indian Creek Island is filed with billion dollar views, Brazilian teak docks, 100+ foot yachts, and extreme security.
This fortress of an island features 41 waterfront properties strategically arranged around an exclusive 18 hole golf-course stretched across 294 acres.
The average home value is $20 million with each lot featuring a minimum of 1.25 acres. In February 2010, one of the luxury estates sold for $50 million, breaking the record for the most expensive single family home sold in Miami.
Security is so tight that the entrance is heavily guarded with a 13 person private police force who patrol the island via boat, jeeps and jet skis 24 hours a day.
According to the 2019 census, the population for Indian Creek Island is 87 and in year 2000 it was considered the 8th highest income area in the United States.
History of Indian Creek Island
In the early 1900’s, Indian Creek Island was created as a result of excavation for drainage in Biscayne Bay. Although the golf course was created a few years later, the Village of Indian Creek Island officially established in 1939. The first homes built on the land were vacation homes for the Miami’s rich and famous. Although there are none of the original remaining homes, there are a handful that date back to the 1950’s.
In more recent years, instead of residents using their homes for vacationing, they are living in the community year-round, shifting the typical profile of the residents. The village are seeing more families with children and a recent council meeting approved sidewalks and streetlights for play.
Notables on the Island
With the exclusivity of Indian Creek Island, it brings on many notables who want the privacy and security this island has to offer. Past residents include Beyoncé and Jay-Z. Current notables include:
Norman Braman- car dealership billionaire
Purchased 1 Indian Creek Drive in 1991 for $3.9 million
Russian (anonymous) buyer
Purchased 3 Indian Creek Drive in 2012 for $47 million
Ivanka Trump and Jared Kushner
Purchased a vacant lot for Julio Iglesias (Enrique Iglesias’ father) in 2020 for $30 million
Adriana Lima -Victoria Secret Supermodel
Purchased 22 Indian Creek Drive in 2009 for $9 million
Don Shula -Retired headcoach for the Miami Dolphins
Purchased 16 Indian Creek Drive with a price unknown due to divorce
Tom Brady and Gisele Bündchen
Purchased a tear-down at 26 Indian Creek Drive in 2020 for $17 million.
There is only one property currently on the market on Indian Creek Island. The property located at 29 Indian Creek Drive is listed for rent at $100,000 monthly and features 4 bedrooms, 4.5 bathrooms with gorgeous southern exposure of Biscayne Bay. For more information on this property or about Indian Creek Island, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
PMG will be the First Developer to Accept Cryptocurrency on Pre-Construction Tower – E11EVEN Hotel & Residences
Following the wake of the Bitcoin 2021 Conference, cryptocurrency has made a name in Miami and continues to grow throughout the country. Adding to the long list of companies accepting cryptocurrency, you can now add PMG Development. PMG will be the first developer to accept cryptocurrency for deposits on pre-construction condos.
In April 2021, E11EVEN Miami nightclub began accepting crypto but now E11EVEN Hotel & Residences is the first major development that PMG is accepting the digital currency.
E11EVEN Hotel & Residences is a luxury high-rise in the Park West District of Miami, and is considered one of the fastest-selling condominium projects in the last decade. It has gained national and international attention with Candance Park of the WNBA, Sage Steele of ESPN, and Luke Rockhold a MMA fighter have expressing interest in the development.
The residences are fully-finished and fully furnished starting at $300,000 and the floor plans consist of studio to 2 bedrooms. There is also a limited Penthouse Collection and 2 Presidential Suites.
Construction Information
Co-developed by Property Markets Group (PMG) and E11EVEN Partners
Sieger Suarez Architects
Interiors curated by AvroKO Hospitality Group
Building Features
E11EVEN® app fore concierge services and building amenities
Common areas featuring museum-quality curated fine art and installations
Limited Penthouse Collection and two Presidential Suites
Views of the Miami skyline, Biscayne Bay and Atlantic Ocean
Club E11EVEN® Bar & Lounge
5-Star gourmet food hall
Casino-Style Sports Lounge
Chopra Spa & Studio mind & body experiences featuring state-of-the-art fitness center, meditation, yoga, and customized treatment services
20,000 Square-foot, ultra-modern multi-level E11EVEN® Day Club and pool sits above 11 stories, overseeing the stunning Miami skyline
E11EVEN’s® rooftop experience is a unique 24/11 poolside venue featuring its own signature dining experience
E11EVEN® Beach Club
Complimentary 24-hour valet
Residence Features
9’6 – 10’ floor-to-ceiling windows varies by floor with stunning Miami skyline and Biscayne Bay views
Smart home technology experience. Includes integrated audio, video and lighting systems
Contemporary lighting package
All residences include LED (or water-based) fireplace in every living room
Fully built-out closets in the master bedrooms
Washer and dryer
French balconies in select residences
Pre-wired for high-speed communications, multiple telephone lines, and cable
All residences include a signature Home Essentials Package: silverware, glassware, linens, sheets, towels
11 Resident Membership Package featuring exclusive beach club, day pool and ultra club access
Kitchens with custom countertops and backsplashes
Imported and custom kitchen and bathroom cabinetry by Italkraft
Subzero and Wolf appliance package includes microwave, dishwasher, convection oven and refrigerator
Waterworks bathroom fixtures, features & accessories
Frameless glass-enclosed showers
This project will break ground later this year. If you or someone you know have interest in purchasing one of the units at E11EVEN Hotel & Residences, or any information on the cryptocurrency process, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
