Aston Martin Residences Announces Construction Start Date; Releases Video Preview

Aston Martin Residences

Aston Martin Miami condos

Staying true to their word that construction will begin this fall, Aston Martin Residences has announced that the actual date will be October 18. A notice of commencement was filed August 10 to begin construction, despite the fact that their $10 million sales gallery just opened on the build site in June.

In conjunction with the announcement that construction is set to begin, the developer has also released a teaser video, highlighting the level of service and quality of finishes that owners will experience once the building is complete in 2022.

Residences will range from 1-5 bedrooms, including duplexes, penthouses and a triplex penthouse. The edifice will have unparalleled amenities and services include Sky Amenities, which is 42,275 sf of amenities divided into four floors (52-55), connected by an elegant glass staircase. The team has masterfully designed Aston Martin Residences Miami for those who want to a live a world-class lifestyle.

Residences range from $600,000 to $7,000,000 and penthouses are available from $16 million to $50 million. Have a look at the video preview below.

VIDEO: Brickell Flatiron Reaches The 16th Floor

Brickell Flatiron Miami condos

Brickell Flatiron September 2017

Despite reports that Brickell Flatiron had lost one of its tower cranes during Hurricane Irma, the project did not suffer damage and remains on track for completion in the summer of 2019. As of this week, they have reached the 16th floor of vertical construction and continue to build at a rate of one floor per week.

The development broke ground in March of 2016. After ten months of site work, the foundation was poured in January 2017 during a ceremonious 24-hour process. Sales have remained steady as well, with 70% of the units already under contract.

Tower Residences are currently available from $480,000 to $1.62 million. The Penthouse Collection offers residences from $980,000 to $1.78 million, and in July the opulent Upper Penthouse Collection was unveiled with prices ranging from $6 million to $15.5 million.

Here is a video update of their progress:

Brickell Flatiron | Construction Progress September 2017 from Brickell Flatiron Miami on Vimeo.

Preview the SLS Brickell Penthouse Views Via Drone

SLS Brickell penthouses

SLS Brickell penthouses

The hotel component of SLS Brickell has been open for about a month now, Fi’lia has begun serving hungry Brickellians and closings of the residences are underway. The developer still has 3 penthouse units available for sale with amazing views. Here is a preview from our latest drone video:

You can see that there is in fact a rooftop swimming pool for the residents, and the upper penthouses also have their own private pools. The three penthouses remaining are:

PH5203: 2,274 square feet interior with 3 bedrooms, a den and 3.5 bathrooms. $1,762,900.
PH5003: This one is the same floor plan 2 floors lower for $1,698,900.
PH5005: This apartment has direct southeast views with 4 bedrooms, 3.5 baths and 2,336 square feet. It is listed for $1,906,900.

If you’re interested in a smaller apartment, there are already resales available as well as options for yearly lease. I think that the building turned out beautifully, it is architecturally interesting during the day and the night and I am very excited to visit the restaurants and amenities. A win from Related Group! What do you think?

Brickell Condo Tour and Construction Update [VIDEO] – February 14, 2015

Brickell condos tour

It has been about four months since my last video tour covering the fast-paced development taking place in Brickell. Since then, a lot has happened, so I figured it was time to get back out on the road and provide everyone with another update. As you will see, this video is much more comprehensive, covering not only current and future construction, but also existing condo developments for those who may be unfamiliar or newly acquainted with the Brickell condo market. In the video, I even highlighted two, large commercial properties in Brickell which recently traded hands – the SunTrust building located at 777 Brickell Avenue, which sold earlier this week for $140M, and the former Capital at Brickell site located at 1420 South Miami Avenue, which was acquired this past December for $74.74M by CCCC International USA LLC, a subsidiary of Beijing’s China City Construction and American Da Tang Group of New York.

While I wasn’t able to cover each and every development in Brickell, I got a good number of them. The video even includes drive-by footage of the recently completed Millecento Residences, which started with closings earlier this week, as well as construction updates for Echo Brickell, SLS Brickell Hotel and Residences, The Bond on Brickell, SLS LuxBrickell City Centre Reachand Brickell City Centre Rise.

Enjoy the tour!

Coming to Market – 1800 Club Unit 4003 – Asking $599,000

1800 Club unit 4003

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:

1800 Club unit 4003 floor plan

 

Atlantis on Brickell Amenities Video

For those of you not familiar with Atlantis on Brickell, I’ve included a video tour below of the amenities and common areas.  Atlantis on Brickell was completed in 1982 and is well recognized for its colorful and unique architecture.  This iconic building is well remembered as being featured in the opening credits of the 1980s hit TV show, Miami Vice.  The steps to the entrance of the lobby of Atlantis on Brickell was also featured in the 1980s cult classic Scarface.  Welcome to Atlantis on Brickell:

900 Biscayne Bay 06 Line Video

Now that we’ve seen a video of the amenities at 900 Biscayne Bay, let’s take a look at an actual unit in the building.  The video above will show you an 06 line located on the 33rd floor.  This is one of my favorite floor plans at 900 Biscayne Bay.  It’s a 3 bedroom + den/4 bath condo with 2,335 square feet of interior and a 639 square foot terrace. The unit has a direct view of Biscayne Bay the moment you walk through the double entry doors from your private elevator.

900 Biscayne Bay 06 line floor plan

Photo tour of an 06 line at 900 Biscayne Bay
Photo tour of the amenities at 900 Biscayne Bay

900 Biscayne Bay Amenities Video

900 Biscayne Bay condos still remains my favorite of all of the condominium high-rises built in Miami within the past ten years.  The quality of the building and units is unmatched and it has some of the most spectacular amenities of any building that I’ve encountered.  I think after viewing the high definition video below you’ll see exactly why I feel that way.

At this time, about 80 percent of the units at 900 Biscayne Bay have closed or are under contract.  The building is Fannie Mae approved.  Contact us at 305-428-3860 if you have an interest in viewing 900 Biscayne Bay in person or would like to discuss developer inventory.

900 Biscayne Bay condos for sale
900 Biscayne Bay condos for rent

Real Estate Connect – The Housing Debate: Bulls vs. Bears

Bull - Miami Condo Market Bear - Miami Condo Market

I’m so glad that Brad Inman, of Inman News, posted the following video. This was hands down the most interesting discussion that I attended this past week.

The speakers on the stage were made up of the following:

  • Andrew Ross Sorkin – Assistant Editor, Business & Finance, Chief Mergers and Acquisitions Reporter of the New York Times
  • Dottie Herman – President & CEO of Prudential Douglas Elliman
  • Barry Ritholtz – Chief Market Strategist, Ritholtz Research & CEO; Director of Equity Researh, Fusion IQ
  • Noah Rosenblatt – Founder of Urbandigs.com/Licensed Real Estate Sales Person, Citi-Habitats
  • Professor Nouriel Roubini – Co-founder & Chairman of RGE Monitor; Professor of Economics at New York University’s Stern School of Business

The most colorful speaker was by far Professor Nouriel Roubini. There were a few times where everyone in the room was saying to each other “I can’t believe he just said that”. He cracked me up because he was so matter-of-fact. That’s one person that I’d love to have a conversation with over lunch. Barry Ritholtz and Noah Rosenblatt were also very insightful.


I also love what Barry Ritholtz says about “anchoring”. Sellers need to detach themselves from anchoring and either delist their properties or be realistic in pricing their properties. What he has to say is so true. I’ve been saying this for months. The real estate market needs to hit the reset button.

Ten Museum Park – Picture & Video Review of an 08 Line & the Pool Deck at Ten Museum Park

Ten Museum Park pool deck

Wednesday afternoon I previewed an 08 line at Ten Museum Park for someone in Dallas, Texas looking to fly into Miami next week to acquire this property. I took a bunch of pictures and some video of the unit as well as the pool deck for him. I wanted to share this with everyone as there is much interest in Ten Museum Park.

Again, the pictures of the unit are of an 08 line. The 08 line at Ten Museum Park has 898 square feet of interior space and a 143 square foot balcony. The 05 line at Ten Museum Park has 886 square feet of interior space and a 143 square foot balcony. They are both 1 bedroom/1.5 bath units. The views from the 05 line look into the building just north of Ten Museum Park called Marquis, which will be completed in 2008.

Flip through the picture slideshow below to view 19 pictures of this 08 line unit.

From the 08 line at Ten Museum Park you will see 900 Biscayne Bay directly in front of you. As you will see, you will also have views of the American Airlines Arena, street views of Biscayne Boulevard and water views of Biscayne Bay. You can also see skyline views of South Beach in the distance. The kitchens have stainless steel appliances by Sub-Zero and Bosche as well as stainless steel countertops. There is a glass-enclosed shower with body jets and rain shower in the master bath as well as a bidet and toilet. The bathroom fixtures in the master bath are from Duravit and Dornbracht. Every floor plan at Ten Museum Park has these kitchen appliances and master bath fixtures.

As you will see, the plunge pools at Ten Museum Park are functioning but the landscaping around the outer-edge of the swimming pool deck has not yet been planted. The deck furniture and cabanas are scheduled to arrive this weekend. The rain shower area has not yet been fully completed as well. Overall, everything reminded me of something out of ancient Greece. I love it!

The green land that you see across the street from Ten Museum Park is the park formerly known as Bicentennial Park. It is now known as Museum Park and has the Miami Art Museum and the Miami Science Museum collaborating to make it into one of the best parks in the nation.

By the way, there is a big price difference in an 08 line and 05 line at Ten Museum Park. This 08 line is priced at $380,000. I can get someone an 05 line on a low floor for $315K. Residences start on the 10th floor at Ten Museum Park. The water views from an 08 line are much better, however. You can even see the pool deck from the 08 line off the balcony as you will see in the pictures and video.There are a total of 6 units per floor at Ten Museum Park. The one bedroom units are staggered along the building with the large 2 bedroom units that have 20-foot lofted ceilings. The large 2 bedrooms with 1,906 to 1,949 square feet are my favorite layouts at Ten Museum Park. I can get you one of those for $850,000. The original contract holder paid $905,000 in January of 2004. It is an 02 line with 1,949 square feet.

This was probably my fourth or fifth visit to Ten Museum Park since closings began. During one visit I saw at least 6-7 different floor plans. I think I’ve pretty much seen all of the floor plans that Ten Museum Park has to offer including the Penthouse units with the rooftop plunge pools. The views from the rooftop are simply amazing.

I can’t wait until the building is 100 percent complete. It will be an amazing building! I guess there is a lot of interest in this building because when I went up today there was a group of 9 others that wanted to see other units. (Damn! I was hoping to corner the market at Ten Museum Park…LOL). I guess the word is out.

I hope the pictures and video has satisfied everyone’s curiosity. I’ve been told that the gym, which is one of the biggest that I’ve seen in a condominium building, will be completed in about 2-3 months. The Clinique La Prairie spa should be done in about 6-8 months as far as I’ve heard. The restaurant space below Ten Museum Park is still vacant and awaiting an outstanding restaurant to fill the space. There are also condo offices available for lease at the base of Ten Museum Park. From what I’ve been told, lawyers and doctors, including plastic surgeons, have been jumping at the chance to have an office with an unobstructed view of Biscayne Bay and South Beach.

Within the next couple of days I will reveal photos and video footage of a townhouse unit at 900 Biscayne Bay, so stay tuned to the best source for Miami condo news.

Okay, okay….I’ll give you a sneak peak:

900 Biscayne Bay townhouse