Jeff Bezos Buys Waterfront Mansion on Indian Creek Island for $68 Million
Third-richest man in the world and billionaire Jeff Bezos reportedly paid $68 million for a waterfront mansion on Miami’s Indian Creek Island. An organization that bought the demolished home at 11 Indian Creek Island Road was controlled by the founder of Amazon.
Bezos and his fiancée Lauren Sánchez, a former news reporter, and pilot, were searching for a new or restored property in the Miami region. He probably began looking for a home when in Miami in May for the Formula One Grand Prix. Given that he has looked at residences on La Gorce Island, Star Island, and North Bay Road in Miami Beach, he might potentially be prepared to buy additional properties.
The home was originally built in 1965 with some additional renovations completed in 1985. The home features 9,300 square feet of living space with 3 bedrooms and 3 bathrooms on 2.8 acres. According to tax records, the sellers are listed as hotelier Tulia Soucy de Gonzalez Gorrondona.
Other notables on Indian Creek Island include hedge fund manager Eddie Lampert, businessman Carl Icahn, Tom Brady, Ivanka Trump, Jared Kushner, musician Julio Iglesias, and auto dealer magnate Norman Braman.
David Guetta is also under contract to purchase the beachfront spec home at 37 Indian Creek Island Drive, which has a $69 million asking price.
New Mediterranean Restaurant Opens at Hotel AKA in Brickell
Self-described “Gypsy Chef” David Myers has established 20 restaurants in nine nations due to his love of both food and travel. After receiving a Michelin star for his now-defunct Los Angeles restaurant Sona, he moved on to establish his culinary empire across Asia and the Middle East and decided that Miami would be his next culinary venture.
The Mediterranean seaside cities, like Dubai and Toyko, inspired his newest creation, Adrift Mare now open on the 25th floor of Hotel AKA Brickell. Adrift Mare is located inside an 11-story atrium with floor-to-ceiling windows, making it easier to see the setting sun.
The restaurant, which will be overseen by executive chef Kamarl John, will incorporate the ingredients and preparation methods that Myers has liked on his journeys to the Mediterranean. Fresh seafood and shellfish, grilled meat, pasta, and veggie dishes will all take center stage. Starters such as Parker Rolls with fava bean spread, raw oysters, and yellowfin tuna with shallots, caviar, and crackers are to be expected.
The world-famous mixologists Moe Aljaff and Juliette Larrouy, well known for their work at Two Schmucks in Barcelona, which was voted No. 7 in the World’s Well 50 Bars in 2022, created the restaurant’s cocktail menu. Additionally, earlier this year, the pair ran a two-month residency at Mezcalista in the Moxy Miami South Beach hotel.
According to Myers, “It’s the type of food I love to eat on a regular basis. That healthy, vibrant cuisine that’s seafood-oriented, with lots of olive oil. It’s food you’d have on the French Riviera or Greece or the Amalfi Coast. It’s the perfect sort of summerish food that resonates so well here in Miami.”
Interior Renderings Revealed for ONE Park Tower
The interiors and amenities of ONE Park Tower, a 33-story residential structure proposed for 2411 Laguna Circle, tucked within the vast SoLé Mia master-planned neighborhood in North Miami, have been revealed in new drawings. The Turnberry-led development will include 299 luxury condominiums with breathtaking views of the seven-acre Crystal Lagoons amenity and the surrounding idyllic natural landscapes.
With generously proportioned one, two, and three-bedroom apartments, as well as a number of penthouses, these dwellings are intended to accommodate a variety of lifestyles. The expansive views of the stunning turquoise lagoon, the green Oleta River State Park, the glittering Biscayne Bay, the limitless Atlantic Ocean, and the fascinating Miami city skyline are all visible from every unit.
The development was designed by renowned architecture firm Arquitectonica, with interiors by the internationally acclaimed Meyer Davis and landscaping by Enea Garden Design. ONE Park Tower offers a lifestyle of unrivaled elegance and ocean views together with exclusive beach access and upscale facilities.
The interiors of the residences, which range in size from 900 to 2,100 square feet, are expertly planned to meld the site’s natural beauty with the vibrant vitality of the nearby metropolitan environment. Large wrap-around terraces with exquisite glass railings are made possible by expansive glass walls and high ceilings that seamlessly link the internal and outdoor areas. With porcelain floors, roomy master bedrooms, walk-in closets with optional improvements, and opulent master bathrooms with stunning wet rooms with showers and soaking tubs, each apartment will exude sophistication.
The focal point of the SoLé Mia neighborhood is a crystal-clear swimmable lagoon that is the equivalent of 21 Olympic-sized swimming pools. This magnificent amenity, which offers a dedicated lagoon-front beach furnished with inviting umbrellas and cozy beach chairs, will be a special treat for residents of ONE Park Tower by Turnberry. The property staff will go above and beyond to meet residents’ needs, providing the extraordinary service for which Turnberry is known. Residents can hire kayaks and stand-up paddle boards from a dedicated Beach Concierge, giving them the freedom to explore the calm waters at their own pace.
The 37 acres of vivid green space that makeup ONE Park Tower by Turnberry are dedicated to promoting a healthy and active lifestyle. Eight miles of bike and running paths, private swimming pools, and pickleball courts are available to residents as recreational opportunities to keep them active and interested.
Modern fitness facilities, spa services, and massage therapies are available at the state-of-the-art wellness center, which is a haven of renewal. For those looking for a productive setting, co-working spaces, a well-stocked library, and private event rooms for gatherings and special occasions are also available. The dedicated children’s playroom makes sure that young residents have a place to run around and play, while the climate-controlled wine lounge caters to wine enthusiasts. A gated entry and round-the-clock security ensure a safe and serene living environment. Security is of the utmost importance. Additionally, residents’ daily life is made more convenient by protected garage parking that includes EV charging stations.
Chicago-Based Company Files Plans for 39-Story Residential Tower in Brickell
Focus, a Chicago-based company recently submitted plans for a residential tower at the site of the former Starlite Motel in Brickell. According to records, the company paid $28 million for the property in November 2022.
“Miami’s vibrant metropolis, with its walkable urban cores, offers a dynamic and energetic environment that aligns perfectly with our mission,” said Tim Anderson, CEO and Founder of Focus.
The site’s demolition was finished earlier this year, and it was just permitted to be a part of Miami-Dade’s Rapid Transit Zoning District, which permits higher density. A pre-application for the new skyscraper was submitted to Miami-Dade planners on August 4. Gensler is listed as the architect for this new development.
According to the plans, the tower will rise 39 stories tall and will feature 516 residential units. There will also be ground floor retail, indoor and outdoor amenity spaces, and 506 parking spaces.
New York-Based Shvo Obtains Construction Loan for Miami Beach Hotel to Add Condo Tower to Development
New York-based Shvo recently secured a $190 million construction loan for The Raleigh Hotel in Miami Beach to add a condo development.
Currently, the site includes The Raleigh, the Richmond Hotel, and the South Seas Hotel. The three hotels were put together by the developers for $242.85 million in 2019. At the time, the property was secured by a $146.9 million loan from Acore Capital Management.
The developers might be able to remove equity from the project and move the work along if they take out a loan for a higher sum. According to the developer, the hotel contributed over $1 billion to the project, including over $300 million in stock.
The hotel is closed while work is being done on the premises. The Raleigh will have 60 suites under Rosewood Hotels & Resorts’ management when it reopens in 2026. The developer is also constructing a high-end restaurant with a private member’s club and a 17-story condo with 42 flats that bears the Rosewood brand.
The 1940s saw the development of the Raleigh. The curving pool, the Martini Bar, and the Tiger Room are just a few of the hotel’s distinctive characteristics that will be preserved by Shvo.
To design the project, Shvo hired New York-based architect Peter Marino and Miami-based Kobi Karp Architecture.
Former Raleigh project investor Bilgili Group, based in Turkey, has pulled out of the project.
David Guetta Buys Indian Creek Waterfront Mansion for $69 Million
David Guetta, a well-known DJ and producer, is under contract to purchase a beachfront spec mansion in Indian Creek that was recently listed for $69 million.
Guetta, who owns a condo at the Setai Miami Beach, reportedly sold his record collection to Warner Music for roughly $100 million two years ago. At the time, he had sold 50 million records and had more than 14 billion streams of music.
The celebrated French DJ is buying the almost 16,000 square foot, 12-bedroom estate at 37 Indian Creek Island Drive. The 1.2-acre property has 118 feet of water frontage. The property is being sold to Guetta by developer Todd Michael Glaser and his associates.
The Indian Creek property was sold to Glaser, Jim Randall, Scott Robins, and Jonathan Fryd two years ago for $23.8 million by longtime “Sábado Gigante” host Don Francisco. They started work on the spec mansion after demolishing the old residence.
Ivanka Trump and Jared Kushner’s property, which they acquired for $24 million in 2021, is right next door to the residence.
Indian Creek, a gated community, is located north of Miami Beach. Additionally, multibillionaire hedge fund manager Eddie Lampert, musician Julio Iglesias, Hotels.com co-founder Bob Diener, and auto industry titan Norman Braman own homes at this exclusive neighborhood.
In an off-market transaction that established a record for Indian Creek in June, hotelier Tulia Soucy de Gonzalez Gorrondona sold her beachfront mansion at 11 Indian Creek Island Road for $68 million. For his neighboring mansion at 26 Indian Creek Island Road, seven-time Super Bowl champion Tom Brady obtained a $35 million construction loan in that month.
Indian Creek Residences & Yacht Club Secure Financing for Construction
Indian Creek Residences & Yacht Club, a boutique residential development that will have condominium units and a private marina, is being built on Miami’s Bay Harbor Islands by the New York and South Florida-based Landau Properties. Financing has now been secured for the property with official sales projected to start in Fall 2023.
Indian Creek Residences & Yacht Club’s $29 million construction credit was originated by Miami-based private real estate lender BridgeInvest. Its flagship fund, BridgeInvest Specialty Credit Fund IV, focuses on development, bridge, and value-add financing across the United States. BridgeInvest provided the construction funding, which was organized by Raffi Landau of Estreich and Company.
According to the CEO of Landau Properties, Jonathan Landau, “We are pleased to have the confidence of BridgeInvest on this very special project that will offer an unparalleled opportunity on the Bay Harbor Islands. We received strong lender interest for this project, and this financing package affirms our team’s ability to create an incredible residential experience with a combination of an amazing waterfront location, service-oriented lifestyle, and world-class design. BridgeInvest, a highly regarded lending institution in South Florida, proved to be the perfect partner given their established local presence and robust construction abilities…”
Nine opulent condominium residences and six exclusive yacht docks will be part of Indian Creek Residences & Yacht Club. One of the only private yacht clubs in the region is housed in the boutique structure, and guests may enjoy a sought-after view of the prized Indian Creek Island. Kobi Karp is designing the waterfront complex, and Linda Zarifi of Zarifi Design is handling the interiors.
Construction Continues on 7918 West Drive In Miami’s North Bay Village
Construction is underway at 7918 West Drive, a 21-story, 54-residence waterfront condominium development in Miami’s North Bay Village.
The foundation through the third level is now complete, and significant progress has been made on the parking garage. The columns and shear walls as well as the sixth level have also had concrete poured. The parking garage’s south section’s foundation is also finished.
Where east and west converge at 7918 West Drive, there are a number of striking units with Aerial views that display the unique architectural and natural features that characterize each floor plan. The idea stands out from the competition because of its unique fusion of a contemporary, high-tech lifestyle with Japanese culture. The development will provide a Zen Garden, a yoga room, and water features to create an indoor-outdoor atmosphere.
Modern SieMatic cabinetry, Cosentino worktops and surfaces, and high-end Miele equipment can be found in the kitchens. Additionally, Hansgrohe and Kohler plumbing fittings will be included in the homes. Additionally, the cutting-edge technology at 7918 West Drive will incorporate automated software customization for the utmost convenience, security, and privacy.
Priced from $2 million to over $17 million, homes range in size from 1,677 to 7,086 total square feet, including a minimum of two bedrooms, and have at least two views of Biscayne Bay. There are only four units per floor, all of the houses are corner units, and each balcony has an irregularly shaped ceiling that offers places that are both partially sheltered and partially sunny.
7918 West Drive will have 16,224 square feet of common areas, 148 parking spaces, and a 33,600 square foot property on the Intracoastal Waterway.
The project architect is Juan Azulay, founder, and director of MTTR mgmt, and the general contractor is listed as Thornton Residential. A multidisciplinary architectural design business with its headquarters in Tokyo, ONE DESIGNS Co. Ltd., created the lobby of the skyscraper. The company includes architectural designers and top-tier certified architects that provide knowledge of Japanese construction and interior design for people looking for a home that simply redefines attention to detail.
7918 West Drive is distinctively designed and equipped with cutting-edge technology throughout. Due to its outstanding design and painstaking attention to detail, the development has made significant progress since its groundbreaking ceremony in February 2023, confirming its place as a benchmark of architectural excellence in South Florida.
Pre-Construction Sales for The Avenue Hotel & Residences Coral Gables Reach 65% Sold
The Avenue Hotel & Residences Coral Gables, a boutique tower with a neo-classical design on San Lorenzo Avenue in Coral Gables, has reached 65% sold during pre-construction.
The Avenue Coral Gables Hotel & Residences is being constructed at 351 San Lorenzo Avenue by Roger Development Group, a family-run, fully integrated real estate development and management firm with its headquarters in Coral Gables.
This development will rise eight stories and will feature a collection of 48 residences with one to two-bedroom layouts outfitted with modern Italian kitchens and bathrooms. Designed by Bermello Ajamil & Partners with fully-furnished interiors by renowned interior designer Adriana Hoyos Design Studio, best known for world-class tropical luxury-inspired interiors. Starting at 598 to 1,200 square feet, the homes are spacious. 3,861 square feet of upscale retail space on the ground floor round out the building.
Amenities:
Front desk reception
Hotel services
Valet parking
Newspaper and package delivery
Outdoor hammock garden
Resort-style pool deck on level 9
Summer kitchen
Family dining area
Prices range from $730,000 to over $1.3 million, and construction is expected to be finished in early 2025, with construction set to begin in the fall of 2023.
If you or someone you know have an interest in purchasing one of the units at The Avenue Hotel and Residences Coral Gables, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
