Latin Singer and Songwriter-Marc Anthony Sells Coral Gables Mansion for $22.4 Million
Three-time Grammy Award Winner and Jennifer Lopez’s ex-husband, Marc Anthony has sold his Coral Gables, Florida mansion! The expansive 12 bedroom estate sold for $22.4 million on May 18, 2021. The ‘Barcadi-developed’ mansion is located at 300 Costanera Road in Cocoplum with 21,000 square feet of expansive living space.
The estate is set on a 1.3-acre corner parcel with 480 feet of water frontage. It was originally designed by Rafael Portuondo. The great, great grandaughter of Barcadi Founder, Hilda Maria Bacardi, sold the estate to Anthony in 2018. The original construction took eight years to complete and Bacardi oversaw the entire process.
The three-story mansion was originally listed in 2014 before construction was even completed. The original price was $18 million. The sellers increased the price to $27 million in 2016, which was the year the construction was completed.
The gorgeous estate features an expansive wine cellar, swimming pool, staff quarters, 3 kitchens, and direct access to Biscayne Bay. The new buyer has not yet been listed in the tax records.
Marc Anthony also referred to as Marco Antonio Muñiz, is a singer, songwriter, actor-producer, and philanthropist. He is also the top-selling salsa artist of all time and holds a Guinness World Record for best-selling tropical/salsa artist. He has also received 6 Latin Grammy Awards and is also the recipient of the 2009 Congressional Hispanic Caucus Institute Lifetime Achievement Award.
J. Michael Arrington-Founder of TechCrunch Buys Waterfront Home for $16 Million
In April 2021, J. Michael Arrington, Founder of TechCrunch, stated that “there is no better place to be than Miami.” So it is of no surprise that Arrington just closed on a waterfront property in Miami last Friday.
With a cool price of $16 million, this gorgeous home is located in Miami’s gated community of Old Cutler Bay has all the amenities that one could need. The gorgeous six bedroom home is perfectly sited on half of an acre with 140 feet of waterfront. This property is not limited in amenities! From the pool, wooden deck, coral rock fire pit, to the summer kitchen, it is absolutely stunning.
The home was built in 2015 and designed by Florida architect, Cesar Molina. The 8,300 square foot home is complete with 6 bedrooms, 7.5 bathrooms, wine cellar, home theater, gym, and custom kitchen.
According to the Miami MLS, this property was originally listed in April with a price of $16.5 million. According to tax records, the sellers purchased the property for $10.4 million in November of 2018. According to the listing agent, properties in this neighborhood typically sell for over $10 million but this has been the highest sale price ever for this neighborhood.
J. Michael Arrington is the founder of the popular tech review website, TechCrunch and a cryptocurrency hedge fund, Arrington XRP Capital. Techcrunch which operates Crunchbase, was founded in 2005 starting off as an online encyclopedia with information on key people, funding rounds, and startups’ information. TechCrunch was later acquired in 2010 by AOL for $25 million.
501 First Residences- Renderings and Plans Just Released for the 40 Story Tower in Downtown Miami
Miami can now officially welcome the newest pre-construction tower to grace our gorgeous skyline, 501 First Residences in downtown Miami. This new 40-story tower with 448, will be developed by Aria Development Group and designed by Revuelta Architecture International, who also designed Wind and 900 Biscayne. 501 First Residences will be located at 501 Northeast 1st Avenue with views of downtown Miami and Biscayne Bay.
Acoording to the Aria Development group, this particular development will be built to cater to the short-term rental market. The biggest perk is that there will be no rental restrictions. Which means, the resident can utilize any consumer platform (Vrbo, Expedia, Airbnb, etc.) to rent and each unit can be rent for 1 day or more.
The renderings reveal floor-to-ceiling windows and expansive balconies. The sleek structure is curved creating a horizontal and vertical grid like design. The exact height of the development hasn’t been released but we can expect the 40-story high structure to be over 450 feet in height.
The 448 luxury units will be fully finished and furnished with pricing starting at $300,000. Floor plans will range from studios, 1 bedroom, and 2 bedrooms. The square footage for each unit is expected to be from 385 to 835 square feet.
Residence Features:
Fully finished and furnished residences thoughtfully curated by award-winning design firm, Shim Projects
Floor to ceiling glass windows with custom window treatments
All residences feature balconies
Biscayne Bay and Miami skyline views
Finished flooring on all residential interiors and balconies
In-unit washers and dryers
Kitchens and bathrooms feature custom Italian cabinetry and counters
Speed oven by Smeg
Integrated paneled refrigerator and freezer
Dishwasher
Fully built-out closets
Hansgrohe bathroom fixtures, features, and accessories in dark matte finish
Building Amenities:
Porte-cochère entrance with 24/7 valet service
On-site management office
Mid-century, modern-inspired interior finishes and furniture in residential lobby with 25ft ceiling
Secure bicycle storage in enclosed and air-conditioned space
Centrally-located personal storage for all owners
Luxer One Package Room featuring a tech-forward, contactless digital package delivery system
Dry-cleaning service
Ground floor bistro and bar helmed by New York City’s GPG Hospitality
State-of-the-art indoor gym with private fitness training rooms
Yoga/meditation room
75-foot resort-style lap pool
North-facing private rooftop movie theatre experience
Grill & Chill on the Sunrise and Sunset Decks
Outdoor Game Lawn
Hot hydrotherapy bath
Private club suite with game tables
Entertainment chef’s kitchen
Media Room
Library
Private workspaces
Pet Lounge with pet bath station
Greenhouse
The site currently features a 2-story buidling that was built in 1924 and was previously the sales center for YotelPad Miami. The entire project will take over 4 lots equaling 22,500 square feet. According to tax records, the developer purchased the lots in 2015 for $8,250,000.
According to Miami-Dade Country records, construction permits have not been filed. The ground breaking is expected to be scheduled for spring 2022 with a top-off date in spring 2023.
Construction for Aston Martin Residences Reaches 53rd Floor and The Art Gallery is Revealed
The Aston Martin Residences Miami is creating a residence experience like no other! This pre-construction 66-story tower just unveiled a permanent art gallery located on the 52nd floor of this remarkable tower. Construction for the Aston Martin Residences is currently on the 53rd floor and the tower is 70% sold as of today.
Before the tower completion date, Aston Martin Residences will launch the Art Gallery virtually creating a 3D engaging experience. The gallery will showcase a new artist every 2 months.
For the opening event, Aston Martin Residences partnered with British artist and photographer, Julian Lennon, to showcase his exclusive collections. The virtual art gallery can be viewed from today through July 7th. The Art Gallery will have a physical opening in 2022.
German Coto, CEO of G&G Business Developments stated in an interview, “It’s this love of art together with a desire for the highest quality finishes, light-filled spaces, and of course, the stunning waterside location that has attracted clients to the Aston Martin Residences Miami. Art and design are woven into the soul of Aston Martin Residences…And we’re creating the Art Gallery to offer a secluded and exclusive space for our owners to immerse themselves in an ever-changing canvas of contemporary art.”
Aston Martin Residences is located at 300 Biscayne Boulevard Way in Downtown Miami. This remarkable tower will offer 391 residences consisting of one to five bedroom floor plans as well as a variety of penthouses. Pricing varies from $970,000 to $50 million.
Development Information
Developer: G&G Business Developments
General Construction: Coastal Construction
Architect and Design Team: Luis Revuelta of Miami and Bodas-Miani-Anger of Argentina
Amenities
Full-service building with concierge and hospitality-inspired services
Super Yacht Marina facilities
“The Aston Martin Club” membership
Rooftop infinity pool located on 55th floor
Fitness Spa and Fitness Center with Meditation Room and Treatments Suites
Private Steam, Sauna, and Locker Facilities
Pet-friendly building
Building designed with helipad on rooftop
24 hour valet and covered garage self parking
Valet charging stations for electric cars
Valet Butler
Additional bicycle and private storage spaces
10 destination controlled super hi-speed elevators and separate dedicated service elevators
Digital connection to concierge and all building amenities from every residence
State-of-the-art Business Center and Conference Rooms
Art Gallery and Art Lobby on 53rd floor
Private Residence Movie Theatre, Event Space, Kids Playroom, Teen Center, and Game Rooms
Virtual Golf
Beauty Salon with blow dry station, pedicure chair, manicure table, and wash stations
Aston Martin Residences is scheduled for completion in 2022.
Barstool Sports Founder Dave Portnoy Buys Miami Mansion for $14 Million
If you’re not familiar with Barstool Sports, then you have definitely seen their videos circulating the internet. What started off as a sport’s blog in 2003, Barstool Sports quickly turned into a multi-million dollar digital media company with focuses on videos, podcasts, and blogs.
Founder of Barstool, Dave Portnoy, has recently been using his massive social media platform to travel the United States and taste test pizza on his vlog called ‘One Bite’. These posts are featured on Barstool Sports as well as his blogs. Within the past month, Portnoy has been exclusively in South Florida documenting pizza joints.
It was rumored that during his visits he started renting Floyd Mayweather Jr.’s Miami beach front property for $200,000 a month. Now, it has officially been confirmed that he purchased a bay-front Miami mansion for $14 million.
The property located at 5811 North Bayshore Drive in the Morningside neighborhood was purchased in April under the name StellaBean Holdings, LLC., named after Portnoy’s dog Stella, who passed in 2019.
Featuring 6,100 square feet of living space with nine bedrooms, eight and a half bathrooms sited on 1 acre, including a pool.
Broker-Owner of Luxe Living Realty, Dora Puig, listed the property in November 2020. Property records show that the home previously sold in 2010 for $2.2 million.
Construction Update -Estates of Acqualina Tops Off Construction
The Estates of Acqualina is a new ultra-luxury condo development currently under construction in Miami. Located at 17895 Collins Avenue, this two-tower condominium tower will comprise of 245 residences with 154 units in the south tower and 91 units in the north tower.
The incredible location on 5.6 acres features 502 feet of private beach access. Developer GSF Acquisition, LLC., includes Eddie, Jules and Stephanie Trump (not related to Donald Trump), also developed Acqualina and the Mansions at Acqualina in Sunny Isles Beach, Florida.
This new development will feature three to six-bedroom floor plans ranging in size from 2,917 to 5,573 interior square feet plus terrace. Pricing will range from $4,750,000 to $59,000,000.
Today, construction just topped off on the entire development while hosting a ceremony to mark the special occasion. In attendance was Jules Trump and wife, Stephanie. The development is scheduled for completion in 2022.
Neighboring Penthouse to David Beckham is Under Contract with a List Price of $19 Million
One Thousand Museum designed by Zaha Hadid in Park West Miami has so much to offer its residences and not to mention, it is also the home of David and Victoria Beckham. Who wouldn’t want to live there!
With the current Miami real estate market, luxury condos are not staying on the market very long. So it is of no surprise that the penthouse neighboring David Beckham’s was just listed and under contract within a matter of days with a list price of $19 million.
This full-floor penthouse is located directly under David Beckham’s penthouse. Although both units feature 9,200+ square feet, the floor plans are different with the same incredible views of Biscayne Bay from the 1,020 square feet terrace.
This unit has everything including 5 bedrooms, 6.5 bathrooms, high ceilings throughout, custom Gatto Cucine Kitchen with Sub-Zero appliances, custom closets, and custom bathrooms. The entire residence has integrated smart technology that controls lighting, heating, air conditioning, audio, video, window treatments, and security.
The building is just as impressive with its double-height aquatic center with infinity pool, sky lounge and not to mention the first residential development in South Florida to have its own helipad and security vault.
Building Features
Double height aquatic center with indoor pool
The Sky Lounge provides a dramatic venue for private events for residents
Private rooftop helipad. The helipad will make nearby islands, private and commercial airports, and private yachts easily accessible
Multiple recreation areas for swimming, sunning, socializing, and fitness
24/7 specialized security and valet personnel, other on-site staff including concierge, professional management, and other specialized personnel
Custom scenting by 12.29 in all interior amenity spaces including the lobby, wellness & spa level, aquatic center, and sky lounge (can be available in residences upon request)
Bank-quality vault with individual safe deposit box for every residence, offering residents the convenience and security of storing their valuables onsite
David and Victoria Beckham purchased their One Thousand Museum penthouse for $20 million in 2020.
Oko Group Obtains $128 Million Loan to Finish Construction on Una Residences
Oko Group and Cain International, developers for Una Residences, have just obtained a loan of $128 million to complete the construction. As of April 2021, $76 million in pre-sales have been recorded with a majority of domestic buyers. The tower is at 72% sold with 2 exclusive penthouse residences left for purchase in the tower.
The loan was brokered by Walker & Dunlop with representing law firms Weil Gotshal & Manges and King & Spaulding.
According to the CEO of Oko Group, Vlad Doronin stated, “Miami’s increasing global appeal is drawing families to live and businesses to invest in high quality real estate, particularly rare and exclusive offerings such as Una Residences; one of the last opportunities to buy a waterfront property in one of Miami’s most desirable neighborhoods.”
This tower will feature 47 stories of 135 units located at 175 S.E. 25th Road on 1.04 acres right up against Biscayne Bay.
BUILDING FEATURES
135 luxury condominium residences
Iconic 45-story waterfront condominium
2 to 5 bedroom residences ranging from 1,100 to 4,786 sq ft
Unobstructed views of the Atlantic Ocean, Biscayne Bay, and the city skyline
High-efficiency and noise-reducing floor-to-ceiling exterior glass
Three levels of underground parking
RESIDENCE FEATURES
Private elevator entries into each residence
Expansive terraces with effortless “lift-and-glide” floor-to-ceiling doors and glass balcony railings
10’8″ ceiling heights, above Miami standard
Chef’s kitchens with Gaggenau ovens, electric induction cook tops, microwaves, dishwashers, and refrigerators/freezers
Master suites with separate his and hers closets and bathrooms
Utility rooms with full-sized washers and dryers
Flow-through residences with east-to-west ocean and city exposures on the top floors
Two penthouses, each with a private pool and 11’7″ to 12’4″ ceilings
AMENITIES
Bayfront pool
Outdoor lap pool
Family pool
Jacuzzi
Catering kitchen
Kids’ splash-pad area
Owners’ lounge
Private dining/party room
Movie theater
Kids’ playroom
Outdoor lounge
Baywalk access
State-of-the-art fitness center, with yoga and personal training areas, plus his and hers dressing rooms
Private marina
Spa with steam room and sauna, as well as indoor and outdoor private massage treatment rooms overlooking the bay
Dedicated beauty suite for private hair styling, manicure and pedicure appointments
Beautifully landscaped outdoor terraces
Dog-walk area
Private air-conditioned storage areas
SERVICES
24-hour concierge service
Combination of valet service and self-parking
Package room
The ground breaking was in May 2020 and the 47-story tower is expected to be complete in 2023. For a construction update, click here.
Rilea Group Launches Campaign to Crowdfund Mohawk at Wynwood Project
Miami-based developer, Rilea Group has launched a campaign to crowdfund a mixed-use project, called Mohawk at Wynwood, through an investor community known as RealtyMogul. This platform is comprised of 200,000 investors with a $2.8 billion portfolio that backs over 15,000 multi-family units.
The campaign was launched on April 5, 2021 and is expected to end June 4, 2021. The goal for Rilea Group is to raise $10 million through RealtyMogul with an overall price tag of $103.4 million.
Mohawk’s design brings the edginess of local artist’s murals and modern steel framing to create a master piece that targets young entrepreneurs.
Building Features:
12-story building
225 residences
3,500 square feet of office space (for residents only)
22,000 square feet of retail space
Designed by Deforma Studios
1, 2, and 3 bedroom unit options
Building Amenities:
Rooftop pool
Bar
Lounge
Chef’s dining room
Children’s room
Game room
2-story gym
Yoga room
Dog park
Outdoor greenway
Rilea group is currently under contract with 29th Street Warehouses LLC for the Mohawk lot located at 56 N.E. 29th Street on a 1.5 acre property.
