Estates at Acqualina In Sunny Isles Is Under Construction
The super-luxe Estates at Acqualina has officially begun construction, with the existing beach motel being demolished this week. The developers hope to have the site completely cleared by March and released a video of the beginning of the demolition (below).
To honor the occasion, the developers paired up with two local charities to hold a celebratory event and press conference that was attended by Derek Jeter and Jorge Posada. All of the furniture in the existing structures has been donated to the hurricane relief in Puerto Rico and the Florida Keys, or to victims that have relocated to Florida after the storms.
The new development is expected to be completed in 2020 and features a lobby designed by Karl Lagerfeld and a 50,000 square foot amenity area. Prices of remaining inventory range from $4.2 million to $9 million. Penthouses and single-family homes are priced upon request.
Behold! The Armani Casa Penthouse Floor Plans!
Dezer Development and Related Group have unveiled the Penthouses at the Residences by Armani Casa in Sunny Isles Beach with a very interesting offering. The purchaser has a choice of taking the residences at one price decorator-ready and let their own designer sort out the details, or they can purchase for another price and take advantage of the swank “Armani Package.”
Highlights of the on-of-a-kid Armani lifestyle experience include:
– Two first-class, round trip tickets to Milan.
– A two-night stay in an Armani Deluxe Room at Armani Hotel Milano.
– An after-hours private tour of Giorgio Armani’s flagship store.
– A dedicated personal shopper at Giorgio Armani boutique.
– A stylish night out that includes dinner at Armani/Ristorante and cocktails at the Armani/Prive lounge.
The 56th floor duplex penthouse is exclusively designed by Armani/Casa Interior Design Studio under the artistic direction of Giorgio Armani himself and features 6,138 square feet of oceanfront splendor. There are 5 bedrooms, 6.5 baths, a service quarters as well as a game/media/play room. It features a rooftop terrace overlooking the ocean, and a 2,197 square foot outdoor living area with a private pool, summer kitchen and wraparound terrace so that the owner may also enjoy Miami’s magical sunset views.
If the buyer opts for the penthouse with the opulent Armani Package with finishings and once-in-a-lifetime getaway, the cost is $17 million. For the raw space, the developer is asking $12.3 million.
The project is expected to be delivered in 2019 and includes 35,000 square feet of amenities that include a lounge and Prive area, an on-site fine dining restaurant, cigar room, wine cellar, heated swimming pool, fitness center with ocean views, two story spa with indoor and outdoor treatment rooms, a movie theater, club room and exclusive beach amenities on the 300 linear foot stretch of private shore.
See below for the floor plan, which has not yet been released to the public. Chic!
Inside MUSE In Sunny Isles; Compare Renderings To Real Life
We were honored this morning to be one of the first to preview the construction at Property Markets Group’s MUSE in Sunny Isles, and it’s coming together even more spectacularly than I had anticipated! It is easy to get jaded after a few years working on luxury Miami condos, but I was really impressed by the well thought-out floor plans, the level of quality of the finishes and the extras that are included in the asking price.
Of course, the shape of the Carlos Ott-designed 57-story tower is something to admire. We’ve been looking at it ever since they topped off earlier this year. Inside the tower, you will find the first 21 floors are dedicated to an automated parking garage and amenities. The Residents’ Lounge (rendering below) was still too much of a construction site to do a comparison, but we could get an idea of how it would take shape.
Despite the fact that the amenities are not far enough along for a comparison, there are some units that are certainly far enough along to see how they shape up against the renderings. The one we toured is an 01 line, which is the East facing half-floor plan with 3,635 interior square feet, a 720 square foot terrace (60 feet wide & 12 feet deep), 3 bedrooms, 3 baths, and a den or media room. There are a few of this plan remaining, all of the smaller plans have sold.
The first thing that really blew me away was the kitchen at Muse. With the soaring 12 foot ceilings, and marble backsplash reaching all the way to the ceiling, the kitchen is simplistic yet dramatic. Of course, the custom Helidon Xhixha sculptures that are included in the purchase price have not yet been hung in the actual residence, but everything else is true to what was promised.
Another area that is prone to discrepancy between rendering to real life is the master bath and closet. In this case, I feel the closet is better described as a dressing room, and I was again pleasantly surprised by the quality.
The dressing room is lined with solid wood Italian cabinetry and leather-covered doors. The configurations are decided by the owners, and the buyers of the apartment we toured chose a different configuration than the rendering, but the quality certainly matched.
Just off of the dressing room is the master bath. So many developers love to install the beautiful backlit mirrors in their sales centers without bringing up that it is an upgrade. Not at MUSE. Each master bath has the backlit mirror with a hidden 27 inch television.
The showers have dual shower heads as well as the Swedish rain shower from the ceiling and floor-to-ceiling marble on the wall. The soaking tub is positioned in front of floor-to-ceiling windows that are tinted for privacy.
Another unique factor about MUSE is the 60 foot wide balconies that are also between 12-38 feet deep, depending upon the unit’s placement in the building. They are even more dramatic in real life than they were in my imagination. With the summer kitchen, it makes for an additional living area and entertainment area.
The workers were still putting the finishing touches on this terrace and the side glass walls were still covered by tape, but you can see how large it really is.
After previewing the finishes of the unit that was already sold, we went up to preview the views from some units that are still available with the same layout and finishes. Here is the view from Residence 4701, the highest level before reaching the penthouses. This apartment is available for $7.2 million.
Despite earlier estimates that the building would be delivered in the Fall of 2018, it now seems it will be able to happen in the Spring of 2018. Prices range from $5.7 million to $7.2 million.
The “Crown Jewel” Penthouse At Regalia Hits The Market… With A Very Romantic Bonus
It is located 46 stories above the Atlantic Ocean with a sprawling 16,805 square feet of life’s finest living designed by Architectural Digest’s Charles Allem. The developer has withheld it from the market for the last 3 years, perfecting every detail, and here it is. The “Crown Jewel” of Regalia, a super-luxury boutique high rise in Sunny Isles Beach, is available now for $39 million… the most expensive condo in Sunny Isles and the second most expensive in all of Miami Beach.
“The time invested to perfect the design of this residence is evident in the finite details, of which a buyer of this caliber not only requires, but desires for their dream home. It is the final masterpiece of Regalia,” said Kevin Venger, a co-developer of the tower.”
The triplex apartment offers 360 degree views of the skyline, white sand and blue ocean. There are 6 bedrooms, 6 full baths, 2 powder rooms and a rooftop pool bath. Bronze accents and millwork found throughout turn the residence into a golden oasis, while top-of-the-line technology, including smart home keypads and drop-down televisions, are concealed to maintain design integrity.
To give you an idea of the scope of this sky-palace, the master bath alone is over 1,500 square feet with a private spa. The spa is fully clad in Calcutta Gold stone with a steam room, massage beds, and hydrotherapy area. With the average 2 bedroom condo being between 1,000-1,200 square feet, that’s really something!
When you walk into the double-height entrance, you will be greeted by a cantilevered stone staircase with frameless glass, 1,000-bottle wine cellar of millwork, metal, and glass, and a backlit smoky quartz bar with all the accessories. The room’s centerpiece is a one-off antique-bronze metal chandelier with layers of more than 225 floating tubular glass pendants by Ilanel, designed to emulate rain during the day and the constellations at night. Complimenting the sprawling, open layout is an adjacent formal dining room, featuring a custom chandelier of rock crystal baguettes and a nine-foot, 12-person table made of two single stone slabs that was especially made for this room.
As the ultimate entertainer’s space, the residence boasts a movie theater complete with 10 European-upholstered and fully-reclining chairs, with an adjacent 1,100-square-foot game room that offers a lounge setting, bar and designer billiard table with a vintage light fixture. The versatility of the kitchen can also be adapted for the likes of a private chef-catered intimate dinner or hosting large gatherings for more than 50 guests.
Each level of the unit can be privately accessed by a newly-designed pneumatic vacuum glass elevator that peaks at the home’s pinnacle of opulence – a 360-degree rooftop sun terrace. An outdoor summer kitchen is equipped with a retractable roof, stone-clad sky bar with lounge seating, and a pool bathroom with outdoor rain shower. The rooftop’s trophy piece is its expansive waterfall that cascades directly into a private pool amid a backdrop of unobstructed views of Miami, from Coconut Grove, over the iconic Downtown Miami skyline and up to the Fort Lauderdale cityscape.
As if that weren’t enough to give you a wow-factor, the Crown Jewel of Regalia also comes with a jewel of its’ own… a rare $500,000 pink diamond. How romantic!
Market Stat Monday: Buyers From Which Country Purchase The Most In Sunny Isles?
After the interesting findings in our Market Stat Monday report last week showed that Americans purchase more Brickell properties than any other country, I thought it would be interesting to see who the predominant buyers are in Sunny Isles Beach. Of course, everyone assumes that the findings will show that Russians are the most active, the community has been nicknamed “Little Moscow,” after all. But guess what? They’re not.
According to the Miami MLS, it was again the Americans who had the highest number of transactions as well as the highest total expenditure. Granted, it was a US buyer who snagged the Upper Penthouse at Porsche Design Tower, but even before that one $25 million sale, the US was way ahead of the other countries.
Overall, there were 264 closed sale transactions amounting to a grand total of $220 million in sales. In Sunny Isles, I’m not as interested in the overall price per square foot paid because the market is too polarized. We need to break that figure down into average price per foot of affordable condos in Sunny Isles, mid-range, luxury and super-luxury. In addition to those topics, we should also separate the oceanfront buildings from the intracoastal side buildings, so this is a post of its own. Of the closed sales that occurred, about half of the agents reported the nationality of their buyer. Here is how it breaks down, just scroll over or touch the graph below to see the figures.
Inside The Estates at Acqualina’s $16.675 Million Casa D’Oro
It is dubbed as the “gold standard of single-family condominium residences” and boasts 11,605 total square footage of living space (8,870 interior square feet of interior space plus 2,735 square feet of terrace area) on the top two floors of the ultra-luxury Estates at Acqualina in Sunny Isles.
The layout offers a dramatic entry from a private elevator to the 50th floor and a dramatic foyer with 10 foot double doors leading into the living areas. All of the entertaining areas and two guest bedrooms are on the main level with the main family living quarters on the upper level including four additional bedrooms.
On the ground level terrace, you will find a private pool, sauna and garden area overlooking the Atlantic Ocean. The massive entertaining area features an open kitchen, living, dining and breakfast area with sweeping ocean views. The buyer will have a choice of marble or wood floors throughout, including on the terraces and the master baths are cloaked in onyx walls. The his and her’s dressing rooms are finished with suede or leather finishes.
Here is a preview of the $16,675,000 floor plan and renderings of the finished product, that is expected to break ground later this year and be completed in 2019.
Check Out The Virtual Reality Tour Of Chateau Beach’s $18.5 Million Sky Villa
Perched near the top of the 33 floor glistening beachfront tower, Chateau Beach in Sunny Isles, is a duplex sky villa that will blow your mind. The sky villa is located on the 24th and 25th levels and features 8,272 interior square feet with 2,402 square feet of terrace space that includes a private pool. Properties like this are too beautiful to get the message across with only photos, so we have tracked down a virtual reality tour, essentially putting you in the villa from the comfort of your home.
The villa is being sold fully furnished for $18.5 million and features 5 bedrooms, 7.5 baths with gorgeous ocean views. Here is a floor plan of the property, so you don’t get lost.
Miami-based agency, TAMZ, has put together a dramatic new video for Dezer Development’s Porche Design Tower in Sunny Isles. The video depicts the madness that is Gil Dezer, the madness that is his “Dezervator” and the madness that is the Tower itself.
During the video, viewers are given highlights of how the “Dezervator” came to fruition with a demonstration from Gil Dezer himself. It also highlights some of the amenities in the recently-completed tower, the finishes of the apartments themselves and even some base-jumping.
The 60-story beachfront development has been groundbreaking in many ways. Despite being announced during the throes of the most dramatic economic downturn in our lives, it came together as a dramatic success. Dezer Development paid off their $214 million construction loan in December of 2016 and opened the building shortly thereafter. There are only 4 remaining developer units out of 132 total residences, however there have been a few resales and rental opportunities that have popped up since the building’s opening earlier this year. The sales price averages $1,700/square foot over the last 24 months including an intense 4 story penthouse, which sold for $25 million in March.
Jade Signature Posts $51 Million In Sales During Q1 2017; Updated Construction Photos
Photo courtesy of Suffolk Construction
Despite the cooling market, Jade Signature in Sunny Isles Beach has had a very busy sales season! They have closed out the first quarter of 2017 with an astonishing $51 million in sales.
The 57-story luxury tower unites world-class partners including Pritzker Prize-winning architecture firm and design consultants, Herzog & de Meuron, Parisian interior design firm PYR by Pierre-Yves Rochon and landscape architect Raymond Jungles. Buyers were quick to purchase residences from the newly released inventory called “The Collection,” which is comprised of the project’s largest, most expensive and last remaining listings. The overwhelming sales success points to the effectiveness of registering projects in New York City as well as Jade Signature’s attractiveness to the niche but global affluent design-savvy market.
“Now that Jade Signature is nearing completion, buyers can truly understand the high-quality work that our design team produces. They can tour the expansive spaces from their home in New York or on their vacation in Europe using our virtual reality app, and achieving that sense of place is key to our sales efforts,” said Edgardo Defortuna, President and CEO of Fortune International Group. “It’s important to us that buyers are able to imagine their lives in Miami, and I am proud to say that we are accomplishing just that.”
Sales from this quarter came from Brazil, Argentina, South Africa, Mexico and New York. Three residences, including two double-height Sky Villas listed at $14.2 million each, were sold to New Yorkers as result of Jade Signature’s presence in Manhattan, a lucrative market for second-home buyers. Jade Signature is slated for completion toward the end of the year with only a handful of residences left.
Currently available is a selection of three-to-five-bedroom residences as well as a few listings within “The Collection,” including two-story Sky Villas and the upper and lower Penthouses. Homes range from 1,378 to 11,661 square feet and are priced from $2.175 million to $32.9 million. They are selling at an average of $1,500/square foot and closings are expected to begin later this year.
Compare our drone video from last August to the recent construction update photos that we obtained from Suffolk Construction!
