Melo Group’s 1700 Biscayne Project in Edgewater Appears Ready to Begin Construction
Photo Credit: Zyscovich
Signage and Early Site Activity Signal Progress Nearly Four Years After Acquisition
Construction activity appears to be ramping up at 1700 Biscayne Boulevard, where Melo Group is planning one of Edgewater’s largest mixed-use developments. During a recent walk and drive around the site, Melo Group signage was visible along the entire perimeter of the block, and construction crews were on site staging materials, including large bundles of rebar, a typical precursor to foundation work.
While no official groundbreaking has been announced, the visible site preparation suggests that construction may be imminent.
Photo Credit: Google Earth
A Full City Block in the Heart of Edgewater
Melo Group acquired the entire city block in December 2021 for $105 million, assembling one of the most prominent development sites along Biscayne Boulevard.
The property is bounded by:
NE 17th Street to the south
NE 17th Terrace to the north
Biscayne Boulevard to the east
NE 2nd Avenue to the west
For many longtime Miami residents, this block is well known as the former home of the old Burger King and the seasonal Halloween stores that operated here for years — a nostalgic landmark that is now set for a complete transformation.
Project Overview: Four Towers, Nearly 2,500 Apartments
Plans call for a four-tower mixed-use development, with each tower rising approximately 60 stories. Once completed, the project is expected to deliver around 2,500 apartment units, significantly increasing residential density in Edgewater.
The development will also include ground-floor retail and commercial space, further activating this stretch of Biscayne Boulevard and strengthening the connection between Edgewater, the Arts & Entertainment District, and Downtown Miami.
The expanded scale of the project was made possible through the transfer of additional development rights, allowing Melo Group to increase allowable density without acquiring additional land.
Melo Group’s Growing Footprint in Edgewater
The 1700 Biscayne project is just one of several major developments Melo Group has planned for the immediate area. Just one block north, the firm has also proposed Biscayne 18, a twin 46-story tower development at 331 NE 18th Street.
That project is planned to deliver approximately 1,178 residential units on a 1.57-acre full city block, bounded by:
Biscayne Boulevard to the west
NE 18th Street to the south
NE 4th Avenue to the east
NE 19th Street to the north
Together, these projects underscore Melo Group’s role as one of the most active developers shaping Edgewater’s next phase of growth.
What Comes Next
While official construction timelines have not yet been released, the combination of perimeter signage, on-site crews, and staged materials suggests that vertical construction may not be far behind.
As Edgewater continues its evolution into one of Miami’s most densely developed residential corridors, the 1700 Biscayne project is poised to become a major contributor to the neighborhood’s transformation.
DUOS Wynwood: Boutique Hotel Condominiums Launching in Early 2026
Photo Credit: MKDA
A new boutique hotel-condominium concept is quietly taking shape in one of Miami’s most design-forward neighborhoods. Set to launch in early 2026, DUOS Wynwood introduces a limited collection of studio, one-, and two-bedroom hotel condominiums in the heart of Wynwood—blending art, hospitality, and ownership into a highly curated residential offering. Thoughtfully positioned, DUOS appeals buyers seeking flexibility, lifestyle, and architectural relevance in one of Miami’s fastest-evolving districts.
Photo Credit: MKDA
What Is DUOS Wynwood?
DUOS Wynwood is planned as a boutique hotel condominium project comprised of 49 residences, offering turnkey ownership with hospitality-style amenities and professionally designed interiors.
The project’s branding emphasizes a balance between artful living and effortless ownership, aligning closely with Wynwood’s creative identity while appealing to buyers looking for a lock-and-leave residence, pied-à-terre, or investment-oriented condo with hotel-level services.
Residences: Studio to Two-Bedroom Hotel Condominiums
DUOS Wynwood will offer a limited collection of studio, one-bedroom, and two-bedroom hotel condominiums, designed to function as turnkey residences—fully finished, furnished, and ready for immediate use.
As hotel condominiums, the residences are expected to emphasize ease of ownership, flexibility, and hospitality-driven design, rather than traditional full-service condominium living. This model has become increasingly attractive in urban Miami neighborhoods, where buyers prioritize lock-and-leave convenience, lifestyle integration, and professionally managed environments over oversized amenity decks.
Photo Credit: MKDA
Design Team: Architecture by MKDA, Interiors by AvroKO
DUOS Wynwood will feature 49 hotel condominiums architected by MKDA, with interiors and amenities designed by AvroKO—bringing together thoughtful architectural planning and hospitality-driven interior design.
MKDA serves as the project’s architect, drawing on extensive experience in boutique and lifestyle hospitality projects to shape the building’s architectural character. The firm’s portfolio includes:
Boutique and lifestyle hotels
Luxury branded residences
Mixed-use hospitality environments
Complementing the architecture, AvroKO—a globally recognized hospitality design firm—is responsible for the interior residences and amenity spaces. Their involvement signals interiors that lean contemporary, refined, and experiential, aligning with Wynwood’s artistic DNA while maintaining the durability and operational efficiency expected of hotel-oriented residences.
For buyers, this design pairing is a meaningful differentiator—particularly in hotel condominium projects where interior quality directly impacts rental appeal, long-term usability, and resale value.
Photo Credit: MKDA
Location: Wynwood, Miami
DUOS Wynwood is planned for a site at 335 NW 28th Street, positioning the project within Wynwood’s urban core and in close proximity to Midtown, the Design District, Downtown Miami, and Edgewater.
Owners will be positioned near:
World-renowned street art and galleries
Trend-setting restaurants and cafés
Boutique fitness, retail, and nightlife
As Wynwood continues to evolve into a more walkable, mixed-use neighborhood, boutique developments like DUOS are increasingly well-positioned for buyers seeking a centrally located, design-forward residence in Miami.
Timeline: Early 2026 Launch
DUOS Wynwood is expected to launch in early 2026, with additional details on pricing, floor plans, ownership structure, and usage guidelines anticipated closer to the official release.
Given the project’s limited 49-unit scale, interest is likely to be concentrated among buyers who value design pedigree, location, and scarcity over mass-market density.
Why DUOS Wynwood Matters
DUOS Wynwood reflects several broader trends shaping Miami’s urban real estate market:
Smaller, design-driven boutique projects
Hotel condominium ownership models
Wynwood’s maturation into a live-work-stay neighborhood
Increased emphasis on interior design credibility
As more information becomes available, DUOS is shaping up to be one of the more intriguing boutique hotel condominium launches in Wynwood’s next growth chapter.
Stay Updated on DUOS Wynwood
Additional details will be released closer to launch. Email [email protected] to receive early information and priority access to pricing, floor plans, and availability as details are released.
9900 West in Bay Harbor Islands Reaches Construction Top-Off, Delivery Set for Summer 2026
Photo Credit: 9900 West
ONE Sotheby’s International Realty has been named the exclusive sales and marketing partner for 9900 West, a boutique waterfront condominium development in Bay Harbor Islands, following the project’s official top-off milestone. Developed by The Horizon Group, the seven-story tower is anticipated to deliver in Summer 2026 and introduces a limited collection of 23 luxury residences with a private marina in one of South Florida’s most sought-after island communities. Limited residences remain available, with pricing ranging from $3.2 million to $5.1 million.
Photo Credit: 9900 West
A New Standard of Refined Island Living
Designed by Frankel Benayoun Architects, 9900 West is nearly 50% sold, with vertical construction now complete. The development blends the privacy often associated with single-family homes with the convenience and elegance of boutique condominium living. Envisioned as a serene retreat, the property is surrounded by water and natural landscapes while maintaining immediate access to Miami’s vibrant cultural and social destinations.
Daniel de la Vega, President of ONE Sotheby’s International Realty, said, “9900 West delivers an exceptional waterfront living experience that fills a meaningful gap in the Bay Harbor Islands market by offering an intimate, design-forward environment in a location with rare privacy and walkability.”
Residence Features and Interior Design
Situated along the Indian Creek waterway at 9900 West Bay Harbor Drive, the development offers two- to four-bedroom residences along with a penthouse collection, all featuring fully finished interiors by Craft Studio. Residences range from 1,202 to 3,206 square feet and feature light-filled open floor plans, 9-foot ceilings, and floor-to-ceiling windows designed to maximize panoramic views. Glass-encased terraces overlook the water, creating a seamless indoor-outdoor living experience.
Kitchens are custom-designed by Italkraft and outfitted with Miele appliances, Taj Mahal quartzite countertops, and integrated wine refrigeration. Primary suites include spacious walk-in closets and spa-inspired bathrooms featuring oak panel detailing, double showers, and floating double vanities. Select residences also include private rooftop terraces with summer kitchens.
Photo Credit: 9900 West
Amenities Inspired by Nature and Waterfront Living
The property embraces Bay Harbor Islands’ tranquil setting with more than 5,000 square feet of tropical gardens and water features designed by Geomantic Designs. Residents also enjoy access to a 9,000-square-foot landscaped rooftop featuring a Finnish saltwater pool and spa, along with a trellis-covered lounge overlooking the property’s private ten-slip marina and Biscayne Bay.
Additional amenities include an attended lobby and concierge services, a state-of-the-art fitness center, a wellness spa with sauna and cold plunge, an entertainment suite with catering kitchen, a children’s playroom, a pet-grooming room, electric vehicle charging, and valet service.
Prime Bay Harbor Islands Location
Bay Harbor Islands continues to be one of South Florida’s most desirable residential enclaves, offering walkability, A-rated schools, pristine parks, and direct access to world-class shopping, dining, cultural institutions, houses of worship, and white-sand beaches. The community is ideally positioned just moments from Bal Harbour, Surfside, and Miami Beach.
The Roads Townhomes: New Construction, Move-In Ready Luxury Between Brickell & Coconut Grove
A rare opportunity has arrived in one of Miami’s most cherished and centrally connected neighborhoods. The Roads Townhomes, located at 84 SW 28th Road, present a limited collection of just seven tri-level, architecturally award-winning residences—each offering modern luxury, spacious layouts, and some of the lowest HOA dues in Miami.
Perfectly situated between Brickell and Coconut Grove, this boutique development blends suburban tranquility with instant access to Miami’s most vibrant districts. For buyers seeking new construction, privacy, and convenience without the high fees of traditional condo living, The Roads Townhomes stand in a category of their own.
Award-Winning Architecture & New Construction Quality
Designed by Chandler Architecture and developed by Rick Mattaway and Orange State Partners, these townhomes earned a Design Award from the Florida Chapter of the American Institute of Architects for their striking poured-concrete façade and modern profile.
Each residence spans three levels, constructed with concrete block and poured-in-place concrete, offering exceptional durability, sound insulation, and energy efficiency. Wide hallways, skylights, and thoughtfully placed windows ensure interiors are bright, open, and inviting.
Best of all—the homes are fully completed and move-in ready today.
Spacious Tri-Level Floor Plans
Buyers can choose from multiple layouts, including 3-bedroom or 3-bedroom + office/gym configurations that can convert to a 4th bedroom. Interior living areas range from 2,749 to 2,885 square feet, with all homes featuring:
Expansive second-floor great rooms with 12-foot-high ceilings
Open-concept living, dining, and kitchen areas ideal for entertaining
Deep private balconies overlooking the Brickell skyline
Two-car private garages and additional storage
Floor Plan Highlights (Based on Uploaded PDFs)
TH1: 3BR / 3.5BA — 2,749 SF interior; 3,641 SF total
TH2: 4BR / 4BA — 2,853 SF interior; 3,755 SF total
TH3–6: 3BR / 3.5BA — 2,841 SF interior; 3,750 SF total
TH7: 3BR / 3.5BA — 2,885 SF interior; 3,806 SF total
Each unit features a private ground-level garage, sprawling second-floor living level, and third-floor bedroom suites.
High-End Finishes & Luxury Details Throughout
Inside, every residence showcases craftsmanship and materials rarely found at this price point:
Chef’s kitchen with European-style cabinetry
Wolf & Sub-Zero appliances
Porcelain slab waterfall island with wine cooler and designer fixtures
Large-format porcelain flooring on main living levels; wood flooring in bedrooms
Spa-inspired primary bathroom with floating dual vanity, soaking tub & glass-enclosed shower
California Closets built-ins
8′ solid-core doors & 5″ baseboards
Recessed LED lighting and Level 5 smooth walls
Three independent high-efficiency A/C systems (one per floor)
Walk-in laundry room
Extra-thick impact glass and sound-insulated walls for enhanced privacy
From the skylit stairwell to the airy great room and custom closets, each home is designed for comfort, style, and longevity.
Ultra-Low HOA Dues — A Major Financial Advantage
One of the most compelling advantages of The Roads Townhomes is the exceptionally low HOA fees — under $0.40 per square foot.
In a city where most modern condos charge $1.50 to $1.80 per square foot, these townhomes offer:
Lower monthly overhead
Greater long-term affordability
No payment for unused or high-maintenance amenities
The freedom and privacy of fee-simple-style living with minimal upkeep
This makes the development an outstanding value for buyers seeking new construction without the heavy carrying costs typical of Miami’s luxury market.
Unbeatable Location in The Roads — A Quiet Neighborhood Next to Everything
The Roads is one of Miami’s most established residential neighborhoods—known for its tree-canopied streets, walkability, and proximity to everything.
Residents here enjoy immediate access to:
Brickell — Miami’s financial district with world-class dining & retail
Coconut Grove — waterfront parks, marinas, cafés, and boutiques
The Underline — Miami’s 10-mile linear park (just steps away)
Metrorail — easy transit to Downtown, Coral Gables, or the airport
It’s a perfect blend of urban convenience and residential calm—something increasingly rare in Miami’s urban core.
Pricing & Availability
Starting at $1,985,000
Approximately $699 per square foot under air
Move-in ready
With only seven residences in total, availability is extremely limited.
Interested in Touring The Roads Townhomes?
If you’re a prospective buyer interested in scheduling a private showing or learning more about available floor plans and pricing, feel free to contact me directly at [email protected].
Miami-Dade Condo Market Sees Strong Year-Over-Year Gains in October
Market Snapshot: October 2025 Shows Momentum in the Condo Sector
According to the latest report from the Miami Association of Realtors (“MIAMI”) and the Southeast Florida Multiple Listing Service (SEFMLS), Miami-Dade County posting a strong second consecutive robust month in October 2025 — and the condo segment was firmly part of that upswing. Existing condo sales in October rose by 6.82%, increasing from 939 units in October 2024 to 1,003 units in October 2025 (up from 904 in September 2025). Meanwhile, the dollar volume of condo sales ticked upward to approximately $654 million, reflecting a year-over-year increase of about 1.3%.
Affordable and Luxury Tiers Lead the Way
The data highlight standout growth at both ends of the pricing spectrum. “Affordable” condo properties (in the $150,000–$199,000 range) surged an impressive 78.8%, rising from 33 units in October 2024 to 59 units in October 2025. On the luxury side, luxury condos priced at $1 million and up increased 7.63%, from 118 units the prior year to 127 units this October. The broad gains reflect that demand remains robust both for value-entry and premium condos in Miami.
Price Dynamics & Inventory: Stability with Opportunity
While unit volume climbed, median sale price for existing condos actually dipped modestly: from $415,000 in October 2024 to $400,000 in October 2025 (a decline of about 3.6%).
This price softness, when paired with rising sales volume, can signal opportunities for savvy buyers. Inventory for condos rose by 15.66% year-over-year (from 10,946 to 12,660 active listings) but remains 17.2% below pre-pandemic levels (October 2019: 15,295 listings). The months-supply of inventory for condos stands at around 13.9 months, suggesting a buyer-market tilt — yet the shorter-term uptick in volume means competition is real in the right segments.
What This Means for Condo Buyers, Sellers & Investors
For Buyers & Investors:
With condo sales up ~6.8% and inventory rising, you may have more options right now — especially in the value tier and select luxury segments.
The dip in median price to $400K offers negotiation room for well-priced buildings with strong amenity packages and good HOA/financing structure.
The dramatic jump in affordable condo sales signals that value-oriented buyers (including investors looking for rental yields) should pay attention now.
For luxury investors, the $1M+ condo uptick confirms that high-net-worth buyers remain active in Miami-Dade — a good sign for premium-tier product.
For Sellers:
If you’re holding a condo priced competitively, this market’s momentum works in your favor — especially if your building and location stand out.
With median prices slightly down, sellers should emphasize strong positioning (amenities, financing, building reserves) to justify premium pricing.
For units in the $150K-$200K bracket, the surge in sales indicates heightened interest and potential for quick movement — so aggressive marketing now can pay off.
For Developers or Pre-Construction Stakeholders:
Even though these MLS stats don’t capture most pre-construction or conversion condo sales, the resale data provide directional insight: value entry and luxury both active.
Product strategies that address the ~$150K-$200K entry level could tap into the surge seen, as could luxury offerings with high finishes in desirable locations.
As inventory remains below pre-pandemic levels and new listings are not exploding, the long-term backdrop remains supportive for well-positioned condo developments.
Long-Term Context: Why Condos in Miami Remain Compelling
Over the past decade, Miami-Dade condo prices have roughly doubled, moving from ~$200K in October 2015 to ~$400K in October 2025 — about a 100% appreciation. This long-term track record of value growth is a powerful driver for both end-users and investors. Add to that the high proportion of all-cash buyers (which in the condo segment is around 50.8% of existing condo sales in October 2025) — giving the market a buffer against mortgage-rate headwinds.
Final Thoughts: Timing & Takeaways for the Condo Sector
October 2025’s year-over-year gains in unit sales and strong interest in affordable and luxury condo tiers mark a meaningful moment for the Miami-Dade condo market. The slight dip in median price combined with rising inventory provides a potential opportunity window for buyers and investors — yet the rising volumes and premium-tier activity mean that the most compelling deals will be well-positioned properties. For sellers and developers, the message is clear: time to act with precise positioning and marketing, because demand remains very much alive.
If you’re considering buying, selling or investing in a condo in Miami-Dade, now is a smart time to engage. For tailored advice, local building analysis or marketing strategy, reach out to us at [email protected].
Mandarin Oriental North Tower Private Residences Officially Released on Brickell Key
A Major Milestone for Mandarin Oriental’s Miami Expansion
The highly anticipated Mandarin Oriental North Tower Private Residences has officially been released, marking a new chapter for Brickell Key and for Mandarin Oriental’s presence in Miami. Positioned on the southernmost tip of the island, the North Tower will serve as the new flagship for Mandarin Oriental in North America, introducing an exclusive collection of just 70 fully finished private residences with sweeping views of Biscayne Bay, the Atlantic Ocean, and the Miami skyline. The project also includes 28 Hotel Collection Residences, with all but two already sold, reflecting strong global interest and limited future availability.
Architectural Scale and Residential Design
Rising 33 stories, the Mandarin Oriental North Tower Private Residences offers two- to four-bedroom floor plans designed for seamless indoor–outdoor living. Homes feature floor-to-ceiling glass, generous private terraces, spa-inspired baths, premium natural materials, and custom Italian kitchens with luxury appliance packages. Residences are delivered fully finished (but not furnished), giving owners a turnkey foundation while still allowing personalization through interior design.
Pricing and Market Position
Private Residences at the Mandarin Oriental North Tower begin from $3,975,000, positioning the offering among Miami’s top-tier branded waterfront residential developments. With the combination of a globally recognized hospitality brand, a private island environment, and highly limited inventory, the tower appeals to both end-users and long-term luxury investors seeking premium Miami real estate with global recognition and service-driven value.
Amenities, Service, and Lifestyle
Residents will have access to over 80,000 square feet of amenities, shared between the residential towers and the next-generation Mandarin Oriental hotel. Planned amenities include resort-style pools, signature dining venues, luxury lounges, curated wellness facilities, and lush waterfront landscaping. Services are expected to include Mandarin Oriental-trained concierge, valet, housekeeping, lifestyle programming, and in-residence spa services, aligning with the brand’s global reputation for privacy, attention to detail, and guest experience.
Prime Waterfront Location
Located at the southern end of Brickell Key, the tower offers one of the most private and tranquil waterfront residential settings in Miami, while still being minutes from the urban energy of Brickell Avenue. Residents will enjoy proximity to Brickell City Centre, Downtown Miami, Miami Design District, South Beach, and Miami International Airport, making it an ideal home base for both full-time and seasonal residents seeking exclusive, service-rich living.
Learn More and Schedule a Private Presentation
For additional details, pricing, or floor plans, visit the link below:
Sales Officially Launch for Colette Residences in South Brickell
Sales have officially launched for Colette Residences, a new pre-construction boutique luxury condominium development located at 1880 Brickell Avenue in South Brickell — and the sales gallery is now open for private presentations and reservations. Designed for a highly selective buyer pool seeking serenity, privacy, and elevated design, Colette Residences will offer just 38 total homes across five stories, positioning it among Miami’s most limited-edition new-development offerings.
Developed by Meta Development, Colette brings together award-winning global talent including OSPA as design architect and interior designer, Bellon Architecture as architect of record, and David O. Design for landscape architecture . The project is now accepting reservations, with an expected delivery in 2028.
Residences at Colette feature expansive floor plans ranging from 2,144 to 3,180 square feet, with a collection of two-, three-, and four-bedroom homes, including exclusive terrace residences, garden residences, and two penthouses measuring 5,916 and 6,128 square feet, each with private rooftop pools and outdoor summer kitchens . Homes will offer floor-to-ceiling impact glass, private wraparound terraces, and direct password-protected elevator entry to each residence .
Luxury interior finishes include custom Italian millwork by CESAR, mineral-based INALCO countertops, PORCELANOSA flooring, Miele appliance suites, 78-bottle wine coolers, and LEMA-designed closets . Pricing begins from $3.3 million.
Amenity-Rich Living for Only 38 Residences
Although boutique in scale, Colette features over 15,000 square feet of amenities, highlighted by a 50-foot rooftop pool, 5,200-square-foot sun deck, TECHNOGYM fitness center with outdoor wellness deck, full-service spa with jacuzzi, sauna, and treatment room, screening room, children’s playroom, meeting room, and indoor/outdoor entertainment lounges .
Residents will also enjoy 24/7 concierge, advanced access control, private storage, covered parking with 2–3 assigned spaces, optional valet, and EV charging stations .
Prime Location in South Brickell
Colette will be located in South Brickell, one of Miami’s most discreet residential enclaves, located between the urban energy of Brickell and the waterfront lifestyle of Coconut Grove. The address places owners minutes from The Underline, Brickell City Centre, Mary Brickell Village, Key Biscayne, and Coconut Grove, while maintaining a private and low-density character distinct from the high-rise landscape nearby.
Ken Griffin to Develop a Private Superyacht Marina on Miami Beach’s Terminal Island
Courtesy of BMA Architects
A Major New Waterfront Project by One of America’s Wealthiest Investors
Billionaire hedge-fund founder Ken Griffin has received approval to develop a private superyacht marina on Miami Beach’s Terminal Island, adding yet another landmark project to his expanding South Florida footprint. The marina—intended exclusively for Griffin, his vessels, and his guests—marks one of the most unique and high-end waterfront developments undertaken in Miami Beach in recent years.
What the Marina Will Include
According to city planning documents, the approximately 3.7-acre site will be transformed into a highly specialized, ultra-private maritime facility. Plans call for roughly six deep-water slips capable of accommodating large superyachts, including vessels exceeding 300 feet. The design includes multiple purpose-built structures: a gatehouse with security offices, a crew pavilion with gym, sauna, and rooftop pool, an operations building with repair shop and staff offices, and a luxury owner’s pavilion featuring its own pool, lounge, and entertainment spaces. The total built program is expected to exceed 30,000 square feet.
City Approval and Conditions
The Miami Beach Planning Board granted the necessary conditional use permit, though with several required stipulations. Any special events held on-site will require coordination with the U.S. Coast Guard due to the marina’s proximity to major maritime operations. All parking must remain self-contained on Terminal Island, ensuring no spillover into surrounding neighborhoods. And should the marina ever change ownership, the new owner must return to the board for review. Approval represents a significant milestone for Griffin, whose development plans continue to reshape parts of Miami and Miami Beach.
Courtesy of BMA Architects
Why Terminal Island Is a Strategic Choice
Terminal Island sits between South Beach and PortMiami, offering rare deep-water access and maritime infrastructure capable of supporting the world’s largest private yachts. Few waterfront parcels in Miami Beach can accommodate this scale of vessel operations. The site’s location near the cruise port, MacArthur Causeway, and major shipping channels further elevates its appeal. As marine experts noted in early reporting, the site benefits from exceptional depth and maneuverability—qualities that are increasingly scarce in Miami’s built-out waterfront.
Impact on Miami’s Luxury Landscape
Griffin’s move signals a continued deepening of investment in Miami following the relocation of Citadel and Citadel Securities to the city. Beyond his corporate presence, Griffin has been actively acquiring prime land in both Miami Beach and Brickell, including the site of what is slated to become one of Miami’s tallest office towers. This private marina further underscores Miami’s growing traction as a global hub for ultra-luxury yachting, complementing the region’s expanding ecosystem of high-net-worth residents, large-scale events, and bespoke services.
Courtesy of BMA Architects
A New Chapter for Terminal Island
Historically an industrial and logistics zone, Terminal Island is now seeing renewed interest from private and institutional investors. Griffin’s marina is poised to set a new benchmark for exclusivity and design, transforming a utilitarian waterfront into a prestigious amenity for one of the world’s wealthiest individuals. As construction progresses, the project is expected to bring heightened attention to Miami Beach’s limited deep-water inventory and its future potential.
Regalia on the Bay: Fully Approved 82-Story Development Site in Downtown Miami Heads to Auction
Credit: ONE Commercial
A landmark opportunity to redefine Downtown Miami’s skyline will soon go to auction. The fully approved Regalia on the Bay, located at 340 Biscayne Boulevard, is set to be auctioned by Sotheby’s Concierge Auctions this December—offering one of the most significant mixed-use development opportunities in South Florida.
Credit: ONE Commercial
A Once-in-a-Generation Opportunity on Biscayne Boulevard
Currently operating as a Holiday Inn, the 0.91 ± acre site occupies one of the last large parcels on Biscayne Boulevard. The hotel will cease operations at the end of 2025, paving the way for redevelopment into an ultra-luxury supertall tower designed by Arquitectonica.
The project is fully entitled and approved for an 82-story mixed-use high-rise comprising approximately 1,439,352 ± square feet of gross development area and 959,568 + square feet of net sellable area, including:
374 luxury condominium residences
120-key hotel
Office and commercial spaces
500 parking spaces
The property presents a rare opportunity to develop one of the last large-scale waterfront sites in the heart of Downtown Miami.
Bidding Details
The property is listed for $175 million and will be sold without a minimum bid requirement—allowing the market to set the price.
Online bidding opens: December 3, 2025 at 5 p.m. ET
Live auction: December 17, 2025 at Sotheby’s New York
Bidder deposit required: $250,000 USD (refundable to non-winning bidders)
Auction platform: Sotheby’s Concierge Auctions
All bidders must be pre-qualified with Sotheby’s Concierge Auctions prior to the start of the auction.
Credit: ONE Commercial
Surrounded by Landmark Towers in Miami’s Luxury Corridor
Situated in Miami’s fast-evolving downtown core, Regalia on the Bay is surrounded by world-class developments including Waldorf Astoria Residences Miami, Aston Martin Residences, One Thousand Museum, and E11EVEN Hotel & Residences. The neighborhood has become a focal point for luxury residential growth, attracting global investors, high-net-worth buyers, and corporations relocating to South Florida.
Prime Location & Connectivity
The site’s coveted position at 340 Biscayne Boulevard offers direct access to Bayfront Park, the Pérez Art Museum Miami (PAMM), the Kaseya Center, Miami Worldcenter, and Brickell City Centre. The nearby Brightline station, Metromover, and Port of Miami provide seamless regional and international connectivity.
“Regalia on the Bay is a rare opportunity to shape Miami’s iconic skyline,” added Gabriel Flores, Vice President and Managing Broker of ONE Commercial. “Located along prestigious Biscayne Boulevard and framed by landmark towers, this premier site awaits a visionary buyer ready to define the next chapter of Miami luxury.”
