Official Groundbreaking Date Set for E11EVEN Hotel & Residences

The long-awaited date for E11EVEN Hotel & Residences groundbreaking is finally set and we can’t be more excited. On November 11, 2021, construction will begin on the 65-story tower located in the Park West District in Miami.

One of the developers, PMG, posted on their social media accounts the big news along with the tower being 98% sold. This is of no surprise as E11EVEN is considered one of the fastest-selling condominium projects in the last decade. In February when sales were first announced, the units were at 80% sold.

PMG also announced in early June that they were also accepting cryptocurrency for the units. We are unsure of the total number of units that were purchased with the digital currency.

Construction plans were officially submitted on Wednesday, October 13, 2021. The plans include the demolition permit for site clearing and those are now under review. There is currently no pending or submitted construction permit.

The demolition contractor is listed as John Moriarty & Associated. The developer includes Property Markets Group (PMG) and E11EVEN Partners. Sieger Suarez Architects is responsible for the tower design. Interiors will be curated by AvroKO Hospitality Group.

The residences are fully finished and fully furnished starting at $300,000 and the floor plans consist of studio to 2 bedrooms. There is also a limited Penthouse Collection and 2 Presidential Suites.

Building Features

• E11EVEN® app for concierge services and building amenities
• Common areas featuring museum-quality curated fine art and installations
• Limited Penthouse Collection and two Presidential Suites
• Views of the Miami skyline, Biscayne Bay and the Atlantic Ocean
• Club E11EVEN® Bar & Lounge
• 5-Star gourmet food hall
• Casino-Style Sports Lounge
• Chopra Spa & Studio mind & body experiences featuring a state-of-the-art fitness center, meditation, yoga, and customized treatment services
• 20,000 Square-foot, ultra-modern multi-level E11EVEN® Day Club and pool sits above 11 stories, overseeing the stunning Miami skyline
• E11EVEN’s® rooftop experience is a unique 24/11 poolside venue featuring its own signature dining experience
• E11EVEN® Beach Club
• Complimentary 24-hour valet

Residence Features

• 9’6 – 10’ floor-to-ceiling windows varies by floor with stunning Miami skyline and Biscayne Bay views
• Smart home technology experience. Includes integrated audio, video, and lighting systems
• Contemporary lighting package
• All residences include LED (or water-based) fireplace in every living room
• Fully built-out closets in the master bedrooms
• Washer and dryer
• French balconies in select residences
• Pre-wired for high-speed communications, multiple telephone lines, and cable
• All residences include a signature Home Essentials Package: silverware, glassware, linens, sheets, towels
• 11 Resident Membership Package featuring an exclusive beach club, day pool, and ultra club access
• Kitchens with custom countertops and backsplashes
• Imported and custom kitchen and bathroom cabinetry by Italkraft
• Subzero and Wolf appliance package includes microwave, dishwasher, convection oven, and refrigerator
• Waterworks bathroom fixtures, features & accessories
• Frameless glass-enclosed showers

If you or someone you know have an interest in purchasing one of the units at E11EVEN Hotel & Residences, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Echo Brickell Penthouse with Indoor Pool Lists for $39.5 Million

There are many condos that have truly taken our breath away over the years but this one has left us absolutely stunned. From its 28 foot ceilings, all the way to its 360-degree water views to its indoor pool, we can’t stop drooling over this penthouse that just hit the market at Echo Brickell.

Located at 1451 Brickell Ave, Miami, this duplex penthouse has everything you need and more. Listed at a cool price of $39.5 million, the unit stretches 11,000 square feet over 2 floors, 56th and 57th.

The penthouse features 5 bedrooms and 7.5 bathrooms each with custom built-ins and magnificent views. The unit truly feels like a mansion with the bedrooms above and the main living areas below.

Amenities are in abundance in this ultra-luxury penthouse. The indoor sky pool is perfectly placed with floor-to-ceiling folding doors for the natural weather exposure. The signature staircase unfolds to a unique green foliage wall accenting the marble and glass throughout.

The custom kitchen opens to living space that is a designer’s dream. The grand suite features two dual baths, designer closets, and a midnight bar. All of the bathrooms are custom-crafted marble pieces.

This unit features 6 parking spaces, 4 elevators, an office, staff quarters, and a full wellness package with a sauna and fitness room.

Echo Brickell is a 180 unit residential tower that rises 57 stories located directly in the middle of Miami’s Financial District. Echo was designed by Carlos Ott and developed by PMG and JDS Development Group. The interiors were completed by Yoo Studio. The floor plans range from 1 to 4 bedroom options with penthouses also available. The unique thing about Echo is that it features 180 different floor plans.

Echo Brickell Amenities

• Vanishing-edge pool and deck with panoramic views of Biscayne Bay, Downtown Miami, and Miami Beach
• 2,800 square foot, state-of-the-art fitness center and spa overlooking pool, bay, and city
• Resort-style poolside food and beverage service
• Two hot tubs with sunbathing deck overlooking the Brickell skyline
• Full-service concierge services

If you or someone you know have an interest in purchasing one of the units at Echo Brickell or any information regarding Penthouse 01, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Take a Look Inside Miami’s First Member’s Only Japanese Restaurant

The same New York-based food group that brought one of your favorite Italian restaurants to Miami, Carbone, opened Miami’s first member’s only Japanese restaurant in late summer. Introducing ZZ’s Member’s Club, located in the Miami Design District at Paradise Plaza.

ZZ’s is the 2nd of 5 restaurants that have been introduced to Miami by the Major Food Group. ZZ’s was inspired by the group’s Greenwich Village restaurant, ZZ’s Clam Bar, which also happens to be the nickname of one of the co-owners Jeff Zalaznick.

The group actually designed the new restaurant to have the same look and feel like the new Japanese restaurant. The 2-story restaurant was designed by a San Fransico-based interior designer, Ken Fulk.

The first-floor overflows with bentwood banquettes, sculptural, handpainted finishes, and animal print rugs. Antique furniture and brass lighting adorn every surface. The patio is referred to as a ‘tiki bar on acid,’ with wicker furnishings and banana prints complementing the modern architecture.

Your nightlife begins on the second floor with a cigar lounge, backgammon, and private bar. Don’t forget to try the signature drink, Pistachio Cocktail featuring gin, honey, and lemon.

According to Zalaznick “With ZZ’s Sushi Bar, we want to build a home away from home for the people of this vibrant, diverse city. It’s a dream come true to be able to create these dynamic spaces in this remarkable neighborhood.”

The centerpiece on the main floor is a custom marble sushi bar where you will find chefs Masa Ito and Kevin Kim. They are famous for their amazing work at Michelin Starred New York’s Sushi Zo. The sushi bar offers you traditional omakase, the main floor dining is a more modern Japanese experience.

The menu features classic tuna and salmon options, along with creative salads as well as Wagyu beef. ZZ also offers the largest selection of Wagyu beef in the United States. Don’t forget to try one of their most famous signature items, the Caviar Temaki.

Although ZZ’s is advertised as a member’s only restaurant, there is an optional invite-only membership so as long as you’re able to get a reservation, then you can enjoy all of the luxuries as a member does!

For more information on ZZ’s Sushi Bar, click here.

Developer Launches Sales for La Baia Condos in Bay Harbor Islands

Welcome to La Baia Condos located in Bay Harbor Islands. It’s one of the newest pre-construction developments that has recently launched sales. Located at 9201 E. Bay Harbor Drive, this waterfront tower will feature a private marina just steps from your new luxury condo!

Developed by Bruce Eichner, La Baia will rise 8 stories and will feature 68 luxury condominiums. Units will feature 1 to 4 bedroom options with 1,100 square feet to 2,500 square feet floor plans. Pricing for these units will begin at $810,000.

La Baia will also feature 30,000 square feet of amenities, which include a rooftop amenity deck, lounge with a bar, spa, fitness center, teen’s gaming center, dog grooming center, and marina. The marina itself will feature 20 private boat slips.

La Baia was designed by architect Luis Revuelta with Boston-based Suffolk Construction as the general contractor. Eichner is building a second tower at 9461 E. Bay Habor Drive.

Residence Features

• 1 to 4 bedroom options
• 1,100 to 2,500 square feet
• Residences will be fully finished and furnished
• 9 to 10-foot ceilings
• His and her walk-in closets
• Balconies with glass railings
• Underground parking spots for each owner
• Custom Italian cabinetry by Snaidero
• Miele appliances
• Quartz stone countertops
• Hansgrohe fixtures
• Primary bathroom features marble flooring and rainfall showers

Tower Features

• Private 20 boat marina
• Scenic walkways
• 30,000 square feet of amenities
• Rooftop amenity deck
• Lounge with a bar
• Spa
• Fitness center
• Teen’s gaming center
• Pet grooming center

Eichner is requiring a 40% deposit on the units with additional payments throughout construction. Groundbreaking is set for early Spring of 2022 with a completion date of November 2023.

Champlain Towers South Site Under Contract for $120 Million

After the devastating Champlain Towers South Condo collapse that occurred on June 24th and all search efforts ceased, demolition and clearing of the site began. As of August 30th, the site located at 8777 Collins Avenue, Surfside was cleared and listed for sale at $95.6 million.

Right after the property was listed, billionaire real estate developer Hussain Sajwani offered $120 million with the stipulation that he would obtain possession by the spring of 2022 to begin construction on a luxury high-rise.

The sale for the 2-acre waterfront property has been officially and is now under contract. Now that the property is under contract, Sajwani has to pay a $16 million deposit. Judge Michael Hanzman approved the agreement with timeline outlines for inspections and deadlines for other bidders. This would include the $16 million deposit as non-refundable following a 60-day inspection period.

With the sale of this site, there has been a lot of pushback among the survivors and the victim’s families. As part of a class-action lawsuit, the judge that is selling the property has tried to expedite the sale in order to get the families compensated.

Proceeds from the sale are still unknown. The attorney for this transaction stated that the appraised value of the property is $95.6 million. The total for the insurance coverage held by the condo association is $48 million. There is also $30 million in property damage and $18 million for personal injury. The decision is whether to award the families all of the $120 million and the $30 million property insurance payout or award the appraised value of $95.6 million.

Some families have also petitioned for a memorial to be built on the property rather than another tower. Families have sent letters to state and federal lawmakers asking to assist in purchasing the land for a memorial. The families have asked the Surfside Commission to add a referendum on the upcoming ballot for voters to approve a land-swap proposal to build the memorial and a community center. Press conferences have also played a role but with no such luck.

Sajwani has an extensive portfolio with establishments of his company DAMAC Properties in global cities like Dubai, Abu Dhabi, Amman, Baghdad, and London. Sajwani has heavily invested in luxury fashion, real estate, hospitality, and manufacturing.

Aria Reserve has Sold 40% Since Launching Sales in June on the South Tower

The Melo Group has reached another milestone in their pre-construction project for Aria Reserve in Edgewater. Including their construction permit application that is currently in review, the waterfront twin-tower project has also sold 40% of its units well before the groundbreaking.

The permit application for this project will allow for the Melo Group to begin foundation work. The foundation plans were submitted in early September. The plans will also include pilin work that was valued at $132,750.

Sales for Aria begin in late June of the 62-story South Tower. The North Tower is anticipated to launch sales closer to construction. According to the Melo Group, over $40 million of all 12 penthouses have sold within 90 days.

Construction deposits include a 30% deposit for all U.S. buyers and a 40% deposit for all international buyers. According to the developer, more U.S. has purchased penthouses.

Aria Reserve will rise 62 stories tall reaching 627 feet, making it the tallest dual waterfront residential development in the United States. The project will feature two towers, each with 390 units and 1,608 parking spaces.

Residential units will begin at $750,000. Although sold out, the penthouses started at $12 million. Units will feature 1 to 4 bedroom floorplans with 1,100 to 2,600 square feet of options. The penthouses themselves range from 3,500 to 9,000 square feet with each of them featuring a 3-car garage.

Tower Amenities:

• 2-acre recreation deck
• Lap pool and spa
• Gaming center
• Playground
• Tennis courts
• Basketball courts
• Paddle courts
• Miniature golf course
• Wellness center
• Gym
• Meditation Garden

Residence Features

• Unobstructed views of Biscayne Bay and Ocean
• Finished residences with two flooring options
• All residences include 2 high-speed elevators
• All residences include an office/media room
• All residences are sunrise-sunset flow-through from East to West
• 3-month seasonal rentals allowed up to 4 times per year

Once permits have been approved for the Aria Reserve South Tower, construction should begin in the spring of 2022 with an anticipated completion date of 2024. If you or someone you know have an interest in purchasing at Aria Reserve, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Another North Bay Road Mansion Sells for $13.6 Million

North Bay Road mansions have been a hot commodity this year! In January Phill Collins sold his North Bay Road mansion for $39,250,000 and is set to be demolished by buyer Thomas Bravo. In June, Jennifer Lopez and Ben Affleck rented a waterfront mansion for $130,000 monthly. With so much activity, it’s of no surprise how quickly these Miami Beach multimillion-dollar homes sell.

Lawyer Stephen Zack and his wife, Marquerite, also sold their mansion located at 5310 North Bay Road. The couple sold the home for $13.6 million after they originally purchased the home just 3 years ago for $8.5 million. Since 2018, the home has been listed for sale with an original list amount of $21 million.

The buyer for this Miami Beach home is listed in the county records as North Bay Road Developments LLC, a company that is managed by Guillermo Osses, Francisco Perez, and Miguel Yoma.

According to public records, Osses is the Vice President of Atacama 2108 LLC and is also affiliated with 23 other companies. Yoma is the Manager for San Marino Developments. The partners financed the purchase through Terrabank for $6 million.

The magnificent waterfront estate features 8,148 square feet of living space with 6 bedrooms and 6 full and 2 half bathrooms. The Georgian-style home has been remodeled two times, remarkable mansion features a 5,000 bottle wine cellar, pool. jacuzzi, and expansive home theater.

Stephan Zack is a trial attorney and partner at Bois Schiller Flexner LLP. He was also the lead attorney for former Vice President Al Gore in the Florida recount litigation that took place in 2000. During that time, he was an expert witness for voting accuracy. He is also a past president of the Florida Bar Association as well as the American Bar Association.

The Zacks also have a luxury unit located on the 54th floor of the Four Seasons Residences, which they purchased in July for $8.1 million.

New Restaurant Opens at the Esmé Miami Beach

At the boutique Esmé Miami Beach hotel, a new bistro-style restaurant has opened. Replacing the former Latin Cafe 2000, located at 2501 Biscayne Blvd., Miami Beach, Mimi’s will serve breakfast, lunch, and dinner and will incorporate some of the most bizarre combinations yet tasty egg creations you will probably ever eat.

The former chef of Pao at the Faena House in Miami Beach, Benjamin Murray will be taking over as head chef at Mimi’s. According to Murray, “Miami has become a thriving foodie destination…and with Mimi’s relaxed-casual American classics will be the new spot.”

Mimi’s space was designed by CDK Design’s Cindy Kam, which includes an indoor and outdoor floorplan. The scene is set with a cafe bistro style mixed with industrial decor.

The egg creations include Osstera Caviar, which is considered the most prized and extensive caviar in the world. All of the food items will don some version of the Caviar. Benjamin Murray and Michael Kaplan, owners of Mimi’s, came up with the concept after their opening of Benh Mi, which is another restaurant that connects to the lobby of Esmé Miami Beach.

Breakfast and lunch will be self-service only and dinner, as well as happy hour, is full service. Fresh coffees and pastries are serviced daily at the bakery and a full breakfast menu is served until 8 am. The menu includes signature dishes like egg sandwiches, cured salmon on an everything bagel, burgers, and Binchotan-grilled steak and egg combos.

Signature Breakfast Menu

• FRIED CHICKEN & WAFFLES
  • Crispy hand-breaded chicken and two malted waffles with maple syrup.
• STEAK & EGGS
  • 28-day aged 10 oz. USDA Choice New York Strip. Housemade herb butter available upon request. Served with roasted potatoes and two eggs.
• FARMHOUSE BREAKFAST TACOS
  • Hickory-smoked bacon, sausage, scrambled eggs, roasted potatoes, cheddar cheese, jalapeño, tomato, onion and cilantro in flour tortillas. Served with salsa.
• BREAKFAST BURRITO
  • Flour tortilla stuffed with braised beef, melted jack and cheddar cheese, scrambled eggs, avocado, tomato, jalapeño, green onion and cilantro. Topped with spicy chipotle sauce and served with roasted potatoes.
• EGGS & BACON CROISSANT SANDWICH
  • Bacon, two fried eggs, sliced tomatoes, melted cheddar and mayonnaise on a flaky croissant. Served with sliced tomatoes.
• BROWN SUGAR OATMEAL
  • Rolled oats sprinkled with brown sugar and cranberries, served with milk.

Signature Entrees

• ROASTED HALF CHICKEN
  • Slow-roasted with housemade herb butter. Served with choice of two sides. (600 Cal)
• TUSCAN STYLE GRILLED CHICKEN
  • Grilled chicken, mashed potatoes, sautéed vegetables and artichoke hearts served in a savory sauce.
• SLOW-ROASTED TURKEY
  • Slow-roasted turkey with gravy, cornbread stuffing and orange-apple cranberry relish. Served with choice of two sides.
• CHICKEN POT PIE
  • Freshly baked with roasted chicken, peas, carrots, onions and potatoes folded into a creamy herb sauce. Topped with a flaky crust.
• FRENCH POT ROAST
  • Slowly braised and simmered with carrots, mushrooms and onions. Served on a bed of mashed potatoes.
• MIMI’S MEATLOAF
  • Our own traditional recipe topped with a red wine shallot sauce. Served with choice of two sides.
• RIBEYE STEAK
  • 28-day aged, 10 oz. USDA Choice ribeye steak. House-made herb butter available upon request, your choice blackened or grilled. Served with choice of two sides.
• POT ROAST DINNER
  • Slowly braised and simmered in red wine shallot gravy. Served with choice of two sides.
• NEW YORK STRIP STEAK
  • 10 oz. USDA Choice New York Strip dry-aged 28 days, blackened or grilled. Housemade herb butter available upon request. Served with choice of two sides.
• SWEET GLAZED SALMON
  • Grilled and topped with a sweet honey glaze. Served with sautéed vegetables and long grain rice. Blackened or grilled. Served with choice of two sides.
• BEER BATTERED FISH & CHIPS
  • Hand-battered cod fillets with french fries, coleslaw and tartar sauce.
• JAMBALAYA
  • Shrimp, chicken and andouille sausage, bell peppers and onions in a French Basque tomato sauce. Served over penne pasta or long grain rice, your choice.

57 Ocean Construction Complete and Condo Units are 100% Sold Out at $336 Million

Recently, we have seen a number of residential towers sell out prior to construction or during construction. Towers like Residences of Armani Casa and Aston Martin Residences have either sold out or are very close to selling out, so it is of no surprise to learn about 57 Ocean selling out, right as construction is complete.

The developer and Brazilian billionaire, Jose Isaac Peres’ recently sold out at 57 Ocean as well secured its temporary certificate of occupancy (TCO) for the tower. According to a managing partner, Marcelo Kingston, the sell-out includes a recent sale of a luxury penthouse for $36 million, originally listed at $38 million.

Sales previously launched in 2018 with price ranges from $1.5 million to $36 million. According to Kingston, closings will begin in October 2021. The tower sold out at $330 million.

According to the developer, about 60-70% of the buyers were domestic, and with the steady stream of sales, they were able to raise prices.

One of the lower penthouses that sold includes a $13.8 million unit purchased by Chuck Roberts, Stifel’s Managing Director of Investments.

57 Ocean located at 5775 Collins Avenue rises 18 stories and features 69 luxury condo units. Designed by Bernado For-Brescia of Arquitectonica and interiors by Patricia Anastassiadis.

57 Ocean Amenities

• World-class spa
• A state-of-the-art fitness center with a fully-stocked snack and juice bar
• Thermal suite with steam room, aromatherapy saunas, experience showers, and ice fountain
• Indoor and outdoor massage treatment suites
• Library
• Two expansive, infinity pools
• Poolside cabanas
• Poolside bar and lounge
• Sunset terrace with a spa pool, wet deck, and lounge area
• Meditation area
• Yoga and Pilates area
• Outdoor training area equipped with Myisle by Myequilibria
• Clubroom with chef’s kitchen
• Summer kitchen pavilion
• Children’s playroom
• Direct access to the beach and beach boardwalk

Services

• Full-service concierge
• 24-hour valet parking service
• 24-hour security
• Pool and beach attendants with food and beverage service
• On-call fitness trainers, spa treatment specialists, and private chefs

Residence Features

• Terraces, up to 12 feet deep
• Wood-like ceiling accents
• Glass balustrades
• Modern Poliform cabinetry
• State-of-the-art appliances
• Solid marble waterfall island
• Master bedrooms open to the terraces
• His and her closets
• Bathrooms lined in floor-to-ceiling stone
• Floating tubs
• Sliding glass doors and vanities by Poliform
• Soft hidden lighting

According to Kingston, the project was completed on time. The developer is currently working on another boutique condo in Miami Beach called Ocean Park, which is anticipated to be complete in the summer of 2022