50% Sold at Ambienta Bay Harbor in Bay Harbor Islands
Ambienta Bay Harbor is a pre-construction 7-story tower in the heart of Bay Harbor Islands. Located at 9901 West Bay Harbor Drive, this tower will feature 30 custom units with expansive floorplans.
Floor plans for this tower will feature 2+ den to 3-bedroom units ranging from 1,229 to 1,662 square feet. Each unit will feature Italian kitchens with Italkraft® cabinetry, custom quartz countertops, and a high-end Bosch stainless-steel appliance package. Each unit will feature private storage and 2 garage spaces while corner units will feature wrap-around terraces.
The Chile-based developer for this project is Ambienta Developers. They have developed 12 other towers in Chile with Ambienta Bay Harbor being their first Miami project. Revuelta Architecture International is the leading architecture firm for Ambienta located in Coconut Grove, Florida. The firm’s association is responsible for Brickell Flatiron, the EPIC Residences & Hotel, and Jade Residences.
Residence Amenities:
Two covered parking spaces per residence
Corner residences offer wrap-around terraces
High impact floor-to-ceiling sliding glass doors and windows
All bedrooms have access to expansive balconies
Walk-in closets in master bedrooms
Master bathroom with double sink, glass shower enclosure with a rainfall showerhead, and hand shower
Expansive glass-framed outdoor terraces accessible from bedrooms and living areas
Italian kitchens with custom quartz countertops and Italkraft® cabinetry
Bosch® appliance suite includes induction cooktop, built-in stainless steel French door refrigerator, convection oven, microwave oven, and dishwasher
Private storage available on the same level as the residence
Bluetooth® enabled keyless entry system with camera technology
Building Features:
360-degree Rooftop Oasis for outdoor enjoyment
Infinity-edge swimming pool
Outdoor yoga/meditation space
Children’s play area
Fully outfitted Fitness Center with cardio and weight training equipment
Resident’s social room with bar, large-screen televisions, and lounge seating perfect for events or meetings of any kind
Impressive double-height lobby with reception seating
Ambienta Rooftop Oasis:
Open-air Sky Lounge with bar and multiple seating areas
Two summer kitchens for outdoor meals with family and friends
Gracefully curved custom swimming pool and built-in deck-level whirlpool
Glass-framed pool and hardwood sundeck with unobstructed water and skyline views
Chic lighting, shade areas, and garden spaces for maximum comfort both day and night
Outdoor playground area for children and families
Zen-like garden space for yoga or other quiet pursuits
Unit pricing begins at $761,000 to 1.2+ million and sales for this tower have already started with the tower at 50% sold. The groundbreaking is expected to begin at the end of July with closings beginning in the spring of 2023. If you or someone you know have an interest in purchasing at Ambienta Bay Harbor, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Related Group Revives 1400 Biscayne Project – Previously Known as Auberge Residences
As the old sales gallery lights come on for what once was the Auberge Residences, rumors began circulating about the development that never started. Will they begin the project? What’s happening at the sales center? It has been officially confirmed that Auberge Residences, now called 1400 Biscayne is making a come back.
We are unsure why the project was first canceled but we are excited for what’s to come of this development. Located at 1400 Biscayne Bay Road in the heart of downtown Miami, 1400 Biscayne will be centrally located just steps from Adrienne Arsht Center for the Performing Arts, Pérez Art Museum Miami, Phillip and Patricia Frost Museum of Science, and just minutes from the Design District.
The original plans for this project featured a three-tower complex with an eleven-story retail/restaurant podium, 1,629 parking spaces, and resort-style amenities. The new plans for this project include a 60 story ‘uniquely angled’ façade tower with ocean views from every residence.
The double-height lobby designed by Italian designer Piero Lissoni will feature a mixture of sophistication and modern designs with a permanent collection of museum-quality art located throughout. The developer for this project is The Related Group with landscape architecture by Enzo Enea.
Sales for 1400 Biscayne will begin in early August 2021. Construction for the development is estimated for spring of 2022 with an anticipated completion date of 2024. If you or someone you know have an interest in purchasing at 1400 Biscayne, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
1 Million Square Foot Mixed-Use Project Proposed for Wynwood- 29N
L&L Holding Co. and Carper Real Estate Partners have recently purchased 3 acres located at 95 N.W. 29th Street in the Wynwood Arts District. Making up nine parcels, the New York-based companies plan on developing a multi-use project totaling 964,693 square feet.
Dubbed the name 29N, this planned project will rise on the former Rubell Family Art Museum Building and will feature multiple buildings 12 and 8 stories tall. There will be a ‘pedestrian paseo’ connecting the towers and lot will feature 313 feet of frontage along NW 29th Street, sharing a block with the Gateway at Wynwood.
Featuring 523 apartments, 200,618 square feet of office space, 26,372 square feet of retail, and 668 parking spaces, 29N will be considered one of the largest projects in Wynwood. Amenities for this project would be on floors seven through nine.
The residential units would range from studio to 2-bedroom apartments with 504 to 1,093 square feet floor plans. This project will be designed by Gensler, a San Francisco-based firm along with Fortis Design + Build.
The renderings for the building design feature a colorful aesthetic that showcases the culture of Miami as well as the Wynwood neighborhood. Art murals with reds, greens, and browns will be showcased on the ground floor level of the buildings.
Developer Todd Micheal Glaser buys Indian Creek Waterfront Mansion for $24 Million
Photo Credit: Douglas Elliman
Developer, Todd Michael Glaser is a Miami native and a well-known developer who has made a name for himself with projects like 1000 Museum. Most recently, Glaser and his partners purchased an Indian Creek mansion for $23.8 million. The property was originally listed in October 2020 for $20 million and taken off the market in March 2021.
The Indian Creek waterfront mansion is located at 37 Indian Creek Road featuring 7,236 square feet of living space set on 1.2 acres. This 3 bedroom, 4 bathroom estate boasts an expansive brick driveway leading to a Mediterranean-style home. The large pool overlooks Biscayne Bay with a 20-foot boat dock.
Photo Credit: Douglas Elliman
The seller of the home was Don Francisco, host of ‘Sábado Gigante’ a Spanish language variety show that showcased musicians and comedians. He hosted the show for 53 years ending in 2015 and returned to TV with a new show “Don Francisco Te Invita.” Francisco originally purchased the property in 1993 for $2.6 million and has made several updates throughout the years.
Photo Credit: Douglas Elliman
Glaser and his partners plan on demolishing the home to build a mansion double the size and double the value. With the help of architect Kobi Karp, this new estate will be one of a kind. It will feature 2 pools and with plans on being listed around $50 million. The anticipated completion for construction is set for December 2021.
Indian Creek Island is a gated island north of Miami Beach. It has its own police force that patrols 24 hours a day. Billionaires are known to call this place home because of the security and exclusiveness it offers.
Notables like Ivanka Trump and Jared Kushner as well as Hotels.com co-founder Bob Diener own properties on the island. Last year alone, Tom Brady and his wife, Gisele Bundchen purchased a lot for $17 million, where they plan on building a new estate.
There is only one property currently on the market on Indian Creek Island. The property located at 29 Indian Creek Drive is listed for rent at $100,000 monthly and features 4 bedrooms, 4.5 bathrooms with gorgeous southern exposure of Biscayne Bay. For more information on this property or about Indian Creek Island, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Champlain Towers South Building Collapse- A Timeline of Events
Credit: MiamiCondoInvestments.com/1 OAK Studios
October 2018: Structural Engineering Report
In October 2018, a structural engineering report with Morabito Consultants notes in a nine-page report numerous problems and major structural damage at Champlain Towers. The report included that the structural concrete slab is flat instead of sloped, which causes water to pool (with the hope that the water evaporates) instead of draining off. The parking garage also showed significant cracking in concrete beams. The report states that failure to repair the damages could “cause the extent of the concrete deterioration to expand exponentially.”
November 2018: Champlain Towers Condo Association Board Meeting
After the initial engineering report was released, a Surfside official during a November 15, 2018 board meeting stated that the condo tower was in good condition. According to the minutes of this board meeting, “Structural engineer report was reviewed by Mr. Ross Prieto. It appears the building is in very good shape.” *Ross Prieto was an official for the town of Surfside but is no longer employed for the town.
Credit: MiamiCondoInvestments.com/1 OAK Studios
April 2021: A Letter to Residents
The President of the Condo Association board of directors sent out a letter to the residents of Champlain Towers South. The letter stated that the building had worsened since the original inspection in 2018, and that “the concrete deterioration is accelerating. Observable damage such as in the garage has gotten significantly worse since the initial inspection. When you can visually see the concrete spalling, that means that the rebar holding it together is rusting and deteriorating beneath the surface.” An estimate of $15 million special assessment was proposed to pay for the structural repairs.
June 24, 2021: The Collapse
Around 1:19 am, the condo tower starts to shake and partially collapses destroying around 55 units. Rescue crews immediately raced to the site to search for survivors. The same day, Florida Governor DeSantis declared a state of emergency for Miami-Dade County.
June 25, 2021: Emergency Declaration for Florida
President Biden approved an emergency declaration for Flordia that allowed FEMA (Federal Emergency Management Agency) to send federal resources to aid in the search and rescue efforts.
June 26, 2021: Residential Audits
Miami-Dade County Mayor Daniella Cava announced an audit on all properties that are 5+ stories high and at least 40 years old.
June 27, 2021: Search and Rescue
The search continues for those missing in the condo collapse. Miami Fire Search and Rescue are working around the clock to locate those missing. The process has been strategic because they have to assure the safety of the teams as well as limit any additional damage to the building that could cause further harm to survivors.
July 1, 2021: A Community in Mourning
As of today, the Surfside and Miami communities have been coming together with daily vigils to pray and mourn for those lost in the devastating condo collapse. Outside of the destruction, a fence with missing residents’ pictures hangs solemnly. Local restaurants have come together and are feeding the rescue and volunteer teams. Hotels are also housing residents of Champlain Towers. According to authorities, 18 people have died with 140 still missing. President Biden also visited the site to discuss the rescue efforts and to offer condolences to the community.
Future: A Change in Procedure
We do not know the exact cause of the condo collapse but we do know that an investigation into the destruction will take months to complete. With this collapse, we are already seeing a much-needed change in procedure, including the Mayor’s condominium audit memorandum now in place. It is also important that associations, engineers, and officials take the warnings more seriously in the future. And we’re hopeful that with new rules and regulations in place, a devastating event like this can be prevented in the future.
Credit: MiamiCondoInvestments.com/1 OAK Studios
Construction Permits Filed for NEMA Miami
In the wake of Miami’s construction boom, it is of no surprise that another tower will be underway soon. Plans for NEMA Miami were originally announced in February 2020 with plans to break ground earlier this year. The permits for this tower were finally filed this week with an anticipated groundbreaking mid to late August 2021.
Located at 2900 Biscayne Boulevard, NEMA Miami will rise 39 stories high at 428 feet high with plans of 588 apartments. There will be an additional 56,000+ square feet of retail space with a potential organic grocery store occupying a portion of the space. Located at the edge of Wynwood and Edgewater, NEMA will be centrally located close to the Design District as well as Brickell.
NEMA Miami will be Designed by Arquitectonia and the Rockwell Group, and developers include Crescent Heights. Crescent Heights have been responsible for all of NEMA towers.
The design appears to be a more modern style with a glass exterior reflecting the Miami sky. According to their website, “no two NEMA’s are alike,” and that their designs represent the culture of the neighborhood that they are located.
Tower amenities for NEMA include club benefits when traveling, guest suites, NEMA events, a full-service fitness center, a sky deck pool, and much more!
Residence Amenities:
Expansive floor-to-ceiling windows
9-foot-high ceilings
6-inch-wide plank floors
Acoustic solid wood core doors
Lutron Caseta lighting and ecobee3 thermostats
30-foot-long recessed balconies*
Extra den or office space*
Blackout and sheer thermal shades*
Custom-designed David Rockwell kitchen pendant
Kitchen island*
Chicago-sourced custom cabinetry featuring soft closures and dimmable lighting
Caesarstone countertops and seamless backsplashes
Blomberg stainless steel gas range and paneled dishwasher
Baths with polished chrome Hansgrohe fixtures and Duravit sinks
Dual vanity bathrooms*
Full-size washer & dryer in every apartment
Walk-in closets*
Customizable Elfa closet organization
Keyless entry via NEMA fob card or mobile app *Select residences.
The estimated construction costs for this project is $165 million.
Doubling in Value – Venetian Island Waterfront Mansion Sells for $30 Million
The Venetian Islands in Miami are man-made islands connected by the Venetian Causeway from downtown Miami to Miami Beach. These islands offer some of the most lavish and unobtrusive island living in Miami. Totaling 6, each island offers its on appealing qualities.
In the winter months, you will see socialites, notables, and celebrities flocking to these gorgeous islands for a private and luxurious getaway. These islands offer a mixture of Mediterranean and Italian inspired architecture and landscaping. With swaying palms, stone exteriors, you will feel like you are on a secluded resort island.
More recently, a waterfront mansion with one of the largest lots on the Islands sold for $30 million. Doubling its value, this property was originally purchased for $13.5 million in 2014. The new purchase price equaled $3,870 per square foot and was sold off-market.
Located at 943 N. Venetian Drive, this lot faces north on Biscayne Bay, making it one of the most desirable locations. The property features 7,752 square feet of living space on 1.08 acres with private gate entrance.
The estate was built in 1937 with additions in 1994 and 2004. Guests are greeted with a circle drive leading to a Mediterranean stucco finish mansion with 6 bedrooms, 7 bathrooms, 7 statues, a pool, balcony, and boat dock.
Sellers for the home include Marjorie E. Stone and Ricardo Rodriguez, but the buyers are currently unknown with a registered name of Delaware LLC.
Developers for Residences by Armani Casa Report $1 Billion Sellout
Residences by Armani/Casa has set a new record for condo sales in Sunny Isles Beach. With nearly $1 billion in sales, Residences by Armani/Casa has nearly sold out of the luxury condos, which is significantly more than any other new construction tower in Sunny Isles Beach.
Located at 18975 Collins Avenue in Sunny Isles Beach, this 60-story project was completed in late 2019 just before the COVID pandemic shut down travel and events, which also delayed some of the sales/closings for the new development.
According to the President of Dezer Development (Developer for Residences by Armani/Casa), the building was 85% sold when they first started sales in February 2020 but sales got stagnant and the development was selling around 1 unit a month during the pandemic. The sales began to increase once Florida started to open up.
More recently, two penthouses sold in this tower with one at $7 million and the other at $9 million. Among the buyers include Radamel Falcao (Colombian professional soccer player).
About the Residences of Armani/Casa
The Related Group and Dezer Development are responsible for the creation of Residences by Armani/Casa. The project was completed in 2019 and the property was originally purchased in 2016 for a $305 million construction loan from Wells Fargo, which was reported to already be paid off.
This development features 308 luxury condo units with 2,716 to 3,748 square feet of living space. Pricing starts at $1million with 3 to 4 bedroom floor plan options. Residence amenities include Wolf kitchen appliances, Armani-designed sinks, 10 feet deep private balconies, and much more!
Residence Features
Armani Dada designed and fabricated cabinetry
Sub-Zero refrigerator/freezer and wine cooler
Elegant imported stone countertops and glass backsplashes
Wolf kitchen appliances
Armani Roca designed sinks and faucets
His and her bathrooms in select residences
Spa-inspired shower with Armani Roca wall-mounted handheld spray and large rainshower in most residences
Marble stone floors, walls, and full stone cladding vanity and stone countertops
High-performance Toto Neorest toilet with integrated bidet technology in the master bath only
Private high-speed elevator access to most residences
Breathtaking views of the Atlantic Ocean and city through floor-to-ceiling glass windows
10-foot deep private balconies with glass railings in all residences
8-foot-high double-door entry to a spacious foyer in select units
Summer kitchen with an under-counter Sub-Zero refrigerator in all residences
Digital thermostat featuring intelligent climate control
Recessed lighting in select corridors and bathrooms
Large capacity full-size washer/dryer in all residences
All residences pre-wired for audio speakers as well as motorized shades and programmed lighting controls in select locations
Smart building technology provides seamless access to select building amenities
Tower Amenities
Oceanfront terrace with heated swimming pool, hot tub, and poolside food and beverage service
State-of-the-art fitness center overlooking the Atlantic Ocean
Men’s and women’s dressing rooms with lockers and showers
Private oceanfront restaurant and bar with outdoor seating and in-residence delivery
Exclusive beach amenities, including food and beverage services, chaise lounges, umbrellas, and beach attendants
Two-story Spa with indoor and outdoor treatment rooms
Ocean-view yoga studio with Pilates equipment
Cigar room
Temperature- and humidity-controlled wine cellar
Bar area
Game room with pool table
Children’s playroom
Armani Prive lounge at the lobby level
24-hour multilingual concierge service
24-hour valet parking service
24-hour security
Professionally curated collection of museum-quality art, including monumental sculptures by Sandro Chia and Sinisa Kukec
There are just a few units left at Residences by Armani/Casa. If you or someone you know have an interest in purchasing one of the units, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Missoni Baia Tops off Construction
The long-awaited 649-foot waterfront tower, Missoni Baia is now topping off construction at 57 stories. Located in the Edgewater neighborhood of Biscayne Bay at 777 NE 26th Terrace. Missoni Baia is the first Missoni branded condominium tower in the world.
Developers for this project include OKO Group and Cain International who are responsible for creations such as UNA Residences and 830 Brickell. The building is being designed by architect Hani Rashid of Asymptote Architecture and landscape design by Enzo Enea.
This luxury tower features 249 units with 1 to 5 bedroom floor plans measuring between 776 and 3,788 square feet. Pricing for the units fall between $650,000 to $9 million. This bayfront tower also features 200 feet of linear Bayfront access.
According to Vanessa Grout, the CEO of the OKO Group, domestic buyers surged once single-family home prices escalated. “As a result, luxury condominiums like Missoni Baia are proving much more attractive, promising less maintenance costs and an abundance of resort-style amenities,” says Grout.
Interior unit features include 10-foot ceilings, expansive terraces, impact-resistant glass windows, and custom kitchens with high-end appliances. Residents of Missoni Baia will have access to ultra-luxurious amenities including a private spa with sauna, steam room, multiple pools with poolside lounges, a bay-terrace lounge, resident game room, kid’s pool and play area, and a pet spa.
As of June, a majority of the units at Missoni Baia have sold, and closed sales have reached approximately $100 million. This gorgeous tower is set to complete at the end of 2021. If you or someone you know have an interest in purchasing one of the units at Missoni Baia, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.