Jeremy Shockey Reduces Price Of South Beach Bachelor Pad
Retired NFL star and local football legend Jeremy Shockey is eager to take his talents off of South Beach. After trying unsuccessfully to sell his art deco nightclub-inspired penthouse at The Waverly on South Beach for $3 million in 2015, he decided to give it another go this summer. In July, it was listed for sale at $3.25 million and for rent at $10,000/month.
Fast forward to today and Shockey has already undergone three price revisions on the rental offering, slashing the price down to $8,500/month. It had rented last summer for $9,000/month. He has also reduced the price of the sale offering down to $2.85 million.
It makes sense that Shockey should be so eager to fill the vacancy or unload the penthouse because he currently has under construction a large house on a golf course in South Miami and really seems excited to embrace the retired golf lifestyle over the South Beach party lifestyle. Here is a photo of the progress at Jeremy Shockey’s new place along with the listing photos of the South Beach bachelor pad.
Mast Capital’s Louver House Closings Have Begun In South of Fifth
Mast Capital’s first Miami Beach condo project has successfully opened, with closings beginning this past week. Louver House brings 12 luxury apartments to Miami Beach’s South of Fifth neighborhood, while paying homage to the history of Meridian Avenue.
The project was designed by award-winning Miami architect, Rene Gonzalez, who sought to incorporate the residents’ desire for privacy with their love of the outdoors. The building’s signature architectural detail, the louvers, serve to offer beauty, privacy, shade and fresh air.
“We’re excited to finally present Louver House because it has all the key elements buyers are looking for in today’s luxury residential real estate market,” says Camilo Miguel Jr., CEO of Mast Capital. “To us, luxury is about amazing finishes, expansive spaces and the ability to enjoy a sense of privacy. This building offers a unique lifestyle that places residents in one of Miami Beach’s most exciting neighborhoods, but because of its small scale, also serves as an exclusive, family-friendly enclave.”
Although the closings began this past week, the official opening celebration will be held on August 24th, highlighting the rooftop deck overlooking South of Fifth and the Art Deco District. Three purchase opportunities remain, each one a three bedroom priced between $2.575 million to $3.4 million. We are excited to tour this week and be able to compare renderings to real life!
Louver House Gets Its Louvers
Architect Rene Gonzalez With Louvers
South of Fifth’s newest boutique development, Louver House, is headed for the finish line of completion, with closings expected next month. In honor of the architecturally significant building, let’s have a look at their signature features… LOUVERS.
Louvers are architectural details, sometimes window blinds or shutters, that have horizontal slats that are angled to admit air and light, but to block rain and direct sunshine. They date back to the middle ages, when they were used to ventilate large kitchens without allowing rain and snow inside. Today, they have a more luxurious application and are typically used for those who love to enjoy the fresh air of a patio, but prefer to stay dry and save the tourist-level sunburn for the beach.
Louver House’s aluminum louvers tout over 15,000 linear feet of louver blade, which is almost 3 miles. That’s enough material to form a radius stretching across the Intracoastal, reaching both the Julia Tuttle and MacArthur Causeways, encompassing most of Virginia Key and all of the islands in between the causeways.
Combined, they weigh well over 50,000 lbs and have over 30,000 screws and bolts holding them together. All of the materials of these particular louvers are sourced from American-made products from American suppliers and are proudly made here in the US.
Now that they are installed, you can see that they beautifully create privacy and intimacy, while still allowing for views of the lush neighborhood and architectural detail to the building.
Louver House Construction Progress
Louver House is developed by Mast Capital and is located at 311 Meridian Avenue in the South of Fifth neighborhood of Miami Beach. They have only 12 residences in 5 floors. The grounds feature a host of various gardens and relaxation areas, with a rooftop swimming pool overlooking Miami Beach. Each of the residences at Louver House has expansive outdoor living areas and large interior layouts. The smallest layout is over 2,000 square feet of interior space and all layouts have 3 bedrooms with 3 bathrooms and a powder room.
Prices for the remaining four condo residences at Louver House average $1,250 per square foot.
Louver House Brochure by Sarah Elles Boggs on Scribd
Boris Jordan Reduces 321 Ocean Penthouse To $39.5 Million, Down From $53 Million
Russian American financier Boris Jordan has slashed the price on his rooftop penthouse at South of Fifth’s brand-new 321 Ocean. The fully furnished property spans the entire ninth and tenth floors of the 21-unit oceanfront building and boasts a whopping 6,400 square feet of outdoor living space and 6,800 square feet of interior living space.
Jordan purchased the penthouse in 2015 for $20 million but then listed it for sale for $53 million in January 2016, when the building was completed. Without any takers, he lowered the price to $47.5 million in June and then today, down to $39.5 million. It was initially reported that the penthouse was listed for sale after the Jordans saw the success other penthouse investors were having in Faena House and The Edition, but given the steep price reductions, it seems he is more eager to sell now.
The interior of penthouse has 4 bedrooms, staff quarters, 5 full baths and 2 powder rooms. The flow-through layout provides both ocean and city views. The kitchen is decked out with Miele & Sub Zero appliances. The rooftop is nothing short of ah-mazing with a 36 foot infinity pool overlooking the beach, multiple seating areas, a fire pit and summer kitchen as well as a dining table that seats FORTY PEOPLE. That’s right, nearly an entire NFL team could enjoy dinner together as one big happy family on the terrace.
Have a look at the 321 penthouse photos below. What do you think of the design? Do you think it will sell this year?
Shoma Group Brings 11 Luxury Homes to South Beach
South Beach is flush with luxurious condos, but single family homes are more scarce. Shoma Group from Doral has decided to change that by offering an enclave of 11 luxury homes in the heart of the neighborhood.
Shoma Group has a long history of building luxury homes in the Miami area (mainly Coral Gables and Doral), but are now taking their talents to South Beach with this new project called Eleven on Lenox. Partnering with Zyscovich Architects, Charles Allem from CAD International, The Eleven on Lenox project consists of eleven three-story, four bedroom gated homes at 1030 15th Street.
Each home includes 4 parking spaces, a private elevator, and a rooftop terrace with a private pool and summer terrace. The kitchen features Poliform cabinets and Gaggenau appliances. The master bathrooms have roman tubs and the guest bedrooms have a unique loft space. They will range in size from 5,455 square feet to 6,220 square feet and the prices are between $3 million to $4 million.
Checking in on Construction of the Betsy Hotel’s Expansion, Including its Bridge Pool
The substantial expansion of the Betsy Hotel in South Beach, historically named the Betsy Ross, is well, well underway as the luxury boutique hotel grows into the adjacent art deco Carlton Hotel by an ally bridge, and a set of new buildings to the north of that which are being connected together at the roof level with a bridge pool. The expansion is being designed by Shulman + Associates, of Miami.
It’s not quite that crazy hotel in Singapore that holds up a gigantic boomerang in the sky, but looking at the pool enclosure from below shows you just how thrilling it could be when it’s done. Take a look at the rest of the expansion in these pictures.
This is a Skyscraper Robot Mashup of Miami’s Most Iconic Art Deco Architecture
Miami Robot. By artist Joel Kuntz
Contemporary artist Joel Kuntz’s work often explores ideas about urbanism, architectural style, and iconography. He addressed all of those themes in his Globobot Series, of large graphic prints and 3D figures, created by mashing together simple line drawings and cutouts of the most recognizable buildings from major cities around the world, transformers style.The results are person-shaped miniature towers, or robots, that somehow still look remarkably like the cities they’re based on.
New York’s Robot is a futuristic gotham topped by One World Trade Center’s spire. Paris is a gnarly gargoyle combining Notre Dame, the Louvre, the Paris Pantheon, etc. with an ancient hump (The hump looks like the pantheon, a temple-like Dome commission by Napoleon as his tomb), all wrapped in a daringly translucent little cocktail dress. Of course this ‘outfit’ is really just the more modern great glass pyramid of the Louvre.
And then there’s Miami. Here it is in neon rainbows. The Miami robot is mostly but not entirely a big pile of art deco stuff scattered around South Beach. Kuntz has squeezed in one or two post-modern and contemporary works too. See you if you can recognize which ones. Check out the rest of Kuntz’s robot-city-mashups over at his website, here.
King of Diamonds Strip Club is Coming to Ocean Drive, And Neighbors Are Really Pissed
The Netherland Hotel. Via Flickr/Pablo FJ.
The notorious King of Diamonds, the Tremont Towing of strip clubs (recent press mentions covered the absence of building permits for the 60,000 square foot N. Miami club, a teen party hosted at the club, celebrity partying, and a legal battle between management and the litigation rights of its strippers) is opening in a space on Ocean Drive, in the historic Netherland Hotel. Construction noise at the future venue, a frequent neighbor complaint for any development, is according to reports is exceptionally loud and inconsiderate. Afraid that the King of Diamonds on Ocean Drive will be anything like the Noth Miami location, a public meeting is being held nearby at Il Villaggio on July 27th at 5 PM.
Should Miami Beach Build a Fire Station & Parking Garage in Flamingo Park?
Proposed Flamingo Park Fire Station and Garage Option.
The City of Miami Beach’s Neighborhoods Committee is meeting today to study a potential new fire station and parking garage in Flamingo Park at a proposal at a meeting today. The garage/station complex would go at the south end of the park where a parking lot currently exists, nearby the existing fire station, and potentially also absorb the Police Athletic League building next door. The city is looking at various design options, although they all do essentially the same thing: gobble up public park space that could go to other, more public, uses in the future. And at either 50 or 75 feet high depending on the ‘preferred alternative’ the city picks, the building would tower over the park and neighborhood around it, where zoning typically limits height to 35 feet. ‘Save Miami Beach Neighborhoods’ is opposing the project, with a petition on their website.
A Tour of the Malibu-style Beach House located at 222 Ocean Drive in South Beach – Asking $14,995,000
Tuesday afternoon, I had the pleasure to drop by an open house that my broker, Dora Puig, was holding, so I could see first-hand the amazing new luxury listing she recently landed – a 7,000 square foot, Malibu-style beach house located at 222 Ocean Drive in the South Beach neighborhood known as South of Fifth. It’s not often that you get the chance to visit a single-family home in that neighborhood. In fact, there are only two other single family homes that exist in all of South of Fifth, and this is the only one that is located across the street from the beach, right smack on Ocean Drive. In terms of location, it doesn’t get much better than this. Fortunately, location isn’t the property’s only strong suit. It’s also incredibly sexy. The moment you walk into the recently renovated, three-story home, you are greeted with soaring 20-foot ceilings and an elegantly appointed, white spiral staircase. The luxury home for sale consists of 4 bedrooms, 4 full baths, 2 half baths, and includes a theater room and bar; a custom wine cellar; 11-inch wide plank Oscar Ono rustic wood floors; a custom kitchen with best-in-class appliances by Viking, Miele, and Sub-Zero; a private, rooftop deck with pool and summer kitchen; and an air-conditioned 2-car garage to boot. This is the type of property that will appeal to a special kind of buyer – one who fully appreciates its uniqueness and location, and, of course, has close to $15M to indulge. As for the rest of you, the accompanying photos will have to do.
