A First Look at Paraiso Bayviews Designed by Karim Rashid
Three weeks ago, I was given an exclusive tour of the recently completed Paraiso Bayviews by Related Group’s very own Carlos Rosso. Closings for the building started last month. According to Rosso, Related Group was able to close over 100 units in the first week alone…an outstanding start considering that Paraiso Bayviews has just 386 total units.
The interiors at Paraiso Bayviews were designed by prolific designer Karim Rashid. If the name sounds familiar, you may recognize it because he also designed the interiors at MyBrickell. Known for using bright shades of pink, yellow, orange, green, and purple, his designs are difficult to miss. From the lobby to the fitness center to the hallway wallpaper and everything in between, Rashid’s signature look is apparent throughout the building.
Paraiso Bayviews has 386 condo residences comprised of one-, two-, and three-bedroom floor plans plus penthouses. The building’s amenities include a rooftop terrace with pool, hot tub, and BBQ area along with a 5th-floor amenities level with sunset pool, tennis court, handball court, BBQ area, children’s playroom, billiard’s room, state-of-the-art fitness center, theater, spa, clubroom, valet, and full-service concierge. In addition, residents of Paraiso Bayviews have access to the Paraiso Beach Club. Of the four towers comprising Paraiso District (Paraiso Bay, Paraiso Bayviews, One Paraiso, and Gran Paraiso), Paraiso Bayviews is the only one that has a rooftop pool deck.
entrance to rooftop pool deck
rooftop pool deck[/caption]
views from rooftop pool deck
theater
theater
fitness center
fitness center
children’s playroom
sunset pool deck
spa
tennis court
handball court
clubroom
clubroom
clubroom
clubroom
mailroom
Given that Paraiso Bayviews is located behind the other three towers comprising Paraiso District, I was expecting the views from it to be terrible. However, to my delight, the views were quite good; you have views of the water in between the towers and there’s enough of a setback where you don’t feel like you’re living in a fishbowl.
At the time of this writing, there are 13 units listed for resale ranging in price from $530 to $852 per square foot and 38 units listed for rent ranging in price from $2.32 to $3.67 per square foot. Most of the units at Paraiso Bayviews come with carpeted floors, but I was told that a good percentage of the owners purchased the flooring upgrade (as seen in the photos below).
view from kitchen
Paraiso Bayviews kitchen
views from Paraiso Bayviews
Paraiso Bayviews bedroom
UNA Residences: A Short Film w/ Architects Adrian Smith + Gordon Gill and Developer Vladislav Doronin
Get your popcorn ready! The developer of UNA Residences, OKO Group, has released a short film starring architects Adrian Smith and Gordon Gill along with Chairman and CEO of OKO Group, Vladislav Doronin. The duo architects share their inspiration for the building’s design while Doronin describes the amenities and lifestyle that future residents of UNA will get to enjoy, from its bayfront pool and marina to its world-class spa…and everything in between.
With completion just months away, new renderings were released earlier this week for Canvas Miami, the 37-story condo tower developed by NR Investments and located in the emerging Arts + Entertainment District of Miami at 1630 Northeast 1st Avenue. I must say, these newest renderings look much more exciting than their earlier ones. Besides showcasing their amenities, these renderings seem to emphasize the streetscape and pedestrian-friendly roads immediately surrounding Canvas, something which will be a welcome addition to that neighborhood.
On the 9th floor, Canvas will include 30,000 square feet of amenities:
Sunrise Pool
Sunset Pool
3,000-square-foot Fitness Center
Zen spa/sauna and treatment rooms
Indoor/Outdoor Yoga Garden
Racquetball Court
Social Room
Children’s Playroom
The rooftop level will include the following additional amenities:
Rooftop Lounge
Sky Plunge Pool
Signature Dining
Business Center
Theater
Canvas Miami is scheduled to be completed in summer of this year. The developer still has inventory remaining with prices starting in the mid-$300Ks.
Turkish Developer Okan Group Launches Okan Tower in Downtown Miami
Turkish developer and leading enterprise Okan Group announced yesterday the official sales launch of its first U.S. development – Okan Tower. The distinctive architecture planned for the 70-story mixed-purpose property is meant to emulate the silhouette of a blossoming tulip (Turkey’s national flower). Located in Downtown Miami at 555 North Miami Avenue, this innovative addition to the Miami skyline will feature a 294-key hotel by Hilton Hotels & Resorts, 64,000 square feet of ‘Class A’ office space, 236 condo-hotel units starting on the 36th floor, 149 condominium residences starting on the 51st floor, plus four duplex penthouses.
Okan Group Chairman and billionaire, Bekir Okan, credits the city of Miami’s vibrant energy and international fusion for his choice in the project’s location. “It is with great pleasure that we unveil Okan Tower as we embark on a journey to present a bold real estate product in one of the world’s leading destinations,” he added. “In selecting our projects throughout the world, we always seek to establish an impact that will make history. Not only in its design but through its level of experiential elements, Okan Tower will have a transformative effect on the metropolis that will forever change Miami’s skyline”.
The architecture firm behind the tower’s bold design in tribute to Turkish culture is Behar Font & Partners. Okan Tower’s studio, one-, and two-bedroom condo-hotel units will be delivered turnkey furnished, ranging in size from 447 to 1,245 square feet, while its condo-residence offerings will include one- to three-bedroom units plus a den, ranging from 698 to over 2,071 square feet; and 4 duplex-style penthouses ranging from 1,873 to more than 2,142 square feet. Okan Tower will also offer world-class amenities, including high-speed elevators with separate access for various mixed-use components, a sky pool with panoramic views from the 70th floor, outdoor lounge, Hammam spa, state-of-the-art health and fitness center, kids’ playroom, chef and gastro kitchen, movie theater, wine cellar and cigar room, as well as a rooftop restaurant located on the 67th floor.
There’s no doubt that this project will cater to the taste of the foreign buyers so highly accounted for in the past several years of Miami’s residential real estate sales. A 3,000 square-foot sales gallery for the tower already opened in Istanbul, Turkey on May 2nd, complete with a full model residence. The U.S. sales gallery will open on May 10th. Promising sophistication and convenience, Okan Tower’s location is close in proximity to business, entertainment, culture, and the arts – with Perez Art Museum, Phillip and Patricia Frost Museum of Science, American Airlines, the upcoming Miami Worldcenter, and the Brightline Train all within blocks.
Privately funded, the project is already slated to break ground this fall. Pricing for units at Okan Tower starts from $318,500.
A First Look Inside the Recently Completed Paraiso Bay
One cannot help but be awestruck by the rapid transformation taking place throughout Miami’s Edgewater neighborhood. Compared to just five years ago, it has grown tremendously in terms of development and density. With the pending completion of Related Group’s Paraiso District, Edgewater is about to get a whole lot bigger.
Paraiso District is Related Group’s largest residential development outside of New York City. The private, gated complex is situated on a close to five acre site with 500 feet of water frontage. It also includes a beach club (appropriately named Paraiso Beach Club), which is exclusive to Paraiso residents, as well as a waterfront restaurant by James Beard Award-winning Chef Michael Schwartz called Amara at Paraiso. In terms of density, however, Paraiso District, with less than 1,400 total units, will be smaller than Related’s second largest residential development – Icon Brickell.
Earlier this month, closings began for units at Paraiso Bay – the first of four towers comprising Edgewater’s Paraiso District. The other three towers – Paraiso Bayviews, GranParaiso, and One Paraiso – will all be completed and delivered by year-end.
A few weeks ago, I met up once again with Related’s President of Condominium Division Carlos Rosso – this time for a grand tour of the Paraiso District grounds and recently completed Paraiso Bay. Paraiso Bay is a 55-story tower designed by Arquitectonica. It has 346 total units, each offering direct, unobstructed views of Biscayne Bay. Paraiso Bay has a laundry list of amenities which include: clubroom with billiards, catering kitchen, and multimedia facilities; state-of-the-art fitness center; full-service spa with men’s and women’s steam and sauna facilities; private screening room with state-of-the-art audio/visual equipment and theater-style seating; wine cellar and tasting salon; children’s playroom; teen’s game room; resort deck with circular, zero-entry heated pool, outdoor spa, poolside cabanas, and summer kitchen area; tennis center with 2 lighted tennis courts and multipurpose court; beach club; 24-hour concierge; and 24-hour valet parking. Additionally, residents of Paraiso Bay and GranParaiso will share a 2-lane bowling alley and full-service bar below their shared resort deck. At the time of my tour, I was told that just 25 percent of the amenities had been delivered. Keep that in mind when viewing the photos below…75 percent of the amenities are still in the works!
Just Listed – 3 Bedroom Condo at SLS Lux – Asking $935,000
“Better act fast” is a cliché sales pitch that has been used for generations…but for my newest listing, you better! On Friday, I listed for sale unit 2009 at SLS Lux – a luxurious 3 Bedroom, 3 Bathroom condo with 2,147 total square feet (1,657 interior square feet + 490 square feet of balcony) and 3 parking spaces (1 assigned + 1 parking lift + 1 valet space). Within 24 hours of being listed, I received an offer…and for good reason! At $935,000, the unit is priced very aggressively; it’s priced better than four of the five 2 bedroom residences currently on the market (keep in mind, unit 2009 is a 3 Bed, 3 Bath residence), and priced considerably better than any of the other 3 bedroom residences that are listed for sale. Besides unit 2009, there are currently two other 3 Bedroom residences listed for sale. The first is located one floor lower than unit 2009 and asking $1.19M, and the second is located four floors lower than unit 2009 and asking $1.375M. If you’re looking for a deal, this is it! Contact me if you have any questions or would like to schedule a time to view the unit before Tuesday. I may be reached via email at [email protected] or by phone at 786-247-6332.
SLS Lux is a full amenities building located in the heart of Brickell at 801 South Miami Avenue. The amenities at SLS Lux include: expansive pool deck on the 9th floor with cabanas and poolside bar, rooftop pool and sundeck located on the 57th floor, BBQ area with summer kitchen, lighted tennis court, club room, full-service spa, state-of-the-art fitness center, full-service concierge, children’s playroom, outdoor theater, rock climbing wall, executive business center, and much, much more.
The condo dues for unit 2009 are $1,101 per month. That amount includes high-speed internet, cable TV, water, and use of all building amenities. The assigned parking space and parking lift are located on the 2nd floor.
One Thousand Museum Tops Off; Stunning New Renderings Released
Sky Lounge
On February 3, 2018, One Thousand Museum officially topped off, marking a major milestone not only for construction of the elaborate and intricately designed tower, but also for the city’s ever-expanding skyline. “We’re now one step closer to revealing Zaha Hadid’s forward-thinking design,” says co-developer Louis Birdman. “Even in its current state, the building already stands out as the most iconic architectural work on Miami’s skyline. We’re excited to have developed something so unique and special for Miami.”
The developers of One Thousand Museum will celebrate their milestone accomplishment this week with a private evening event on the rooftop of the Frost Science Museum, located across the street from the project. Attendees will enjoy unobstructed views of the tower, flowing champagne, and passed hors d’oeuvres.
The process of constructing One Thousand Museum has been arguably one of the world’s most challenging builds. According to a recent press release, “the project’s curved exoskeleton is comprised of 5,000 pieces of lightweight glass-fiber reinforced concrete (GFRC) manufactured in and imported from Dubai. This is the first skyscraper in the world to utilize GFRC as a permanent formwork in the construction of the tower’s structure.”
While developer Louis Birdman had the foresight for One Thousand Museum and Pritzker Prize winning architect Zaha Hadid had the vision, general contracting firm Plaza Construction played an instrumental role in making both a reality. “This is a project that will not only enhance Miami’s skyline, but also redefine the standard of luxury for residential projects,” said Brad Meltzer, President of Plaza. “We do not shy away from challenging projects, as such we were immediately interested when we saw the overall complexity of the job. To date, the project team has faced some major tests, but the project has remained on schedule and we’re looking forward to the successful completion.” To learn more about the complexity of this groundbreaking process, make sure to watch “The Scorpion Tower” episode of Impossible Builds, a PBS documentary featuring 1000 Museum.
Now that the “heavy lifting” has been completed, it’s time for the building’s interior build-out to begin. For those who can’t wait to see the finished product, perhaps these newly released renderings will sate your appetite. Enjoy!
aquatic center
fitness center
spa
sauna
lobby
pool deck
pool deck
MCI Has Recording-Breaking Month: 60K Unique Visitors!!!
Hard work and consistency have always been keys to success…and now we have the stats to prove it! Since launching the site on May 12, 2007, MiamiCondoInvestments.com has grown by leaps and bounds – both in website content and traffic. Over the years, the site has seen a number of iterations, the largest being in January 2015 when the website was redeveloped from scratch incorporating a much more user-friendly design and experience. That decision to re-launch the website seems to have paid off tremendously. Since re-launching the site, website traffic has more than doubled, with January 2018 achieving its most traffic ever for a one month period – 60,124 unique visitors!!!
According to SEMrush.com – an online service that estimates traffic for all websites – MiamiCondoInvestments.com has more traffic than ANY Miami-centric real estate website. In fact, it has more traffic than its two closest competitors COMBINED. Additionally, it has more traffic than the five largest Miami-based brokerages COMBINED.
I’m happy to share with you that another large website update is in the works and should be ready to roll out by late next week. The upcoming update will improve upon the already friendly user experience, introduce new features, and fix a number of bugs – all in an effort to ensure that MiamiCondoInvestments.com remains the #1 Miami real estate website for many years to come!!!
Bitcoin-denominated Penthouse Switches to U.S. Dollars
Well, that didn’t last long! The Bitcoin-denominated penthouse at Platinum Condominium has switched its denomination to U.S. Dollars. With Bitcoin’s recent plunge in value and high-risk volatility, this should come as no surprise. As of today’s trading, Bitcoin had lost 50 percent of its peak value set just last month.
The asking price of the penthouse is now quoted as $525,000. Had it remained listed in bitcoins, the price would be roughly equivalent to $355,000…$170,000 less than its current asking price but still $40,000 more than what the seller paid! The owner of the penthouse purchased it for $315,000 about one year ago.
Perhaps Bitcoin had its shining moment but, today, it’s all about the Benjamins baby!
entrance to rooftop pool deck
rooftop pool deck[/caption]
views from rooftop pool deck
theater
theater
fitness center
fitness center
children’s playroom
sunset pool deck
spa
tennis court
handball court
clubroom
clubroom
clubroom
clubroom
mailroom
view from kitchen
Paraiso Bayviews kitchen
views from Paraiso Bayviews
Paraiso Bayviews bedroom
