Top Off for WYND 27 and 28 Towers to Begin Soon

New Construction Towers in Coconut Grove WYND 27 and 28
New Construction Towers in Coconut Grove WYND 27 and 28

A mixed-use, two-tower project in the Wynwood neighborhood broke ground in March 2021. Located at 129 N.W. 26th Street and 127 N.W. 26th Street gives it the names Wynd 27 and Wynd 28. Construction for these towers is set to top off soon.

According to the contractor’s Instagram, Beauchamp’s administrative staff visited the site to sign the beam for the future top-off ceremony. Kusher Companies and Block Capital Group are responsible for the development.

This project will consist of 152 apartments, 46,000 square feet of office space, 33,500 square of retail space, and 232 parking spaces with three roof decks and a large contemporary outdoor courtyard. One building will rise 5 stories and one will rise 8 stories.

WYND 28 and WYND 27 New Construction Towers

Kushner and Block Capital obtained an $80 million construction loan for the 2 tower development. Designer for this project is Arquitectonica, who is also responsible for Inter Miami CF Stadium, Miami Freedom Park, Mr. C Miami-Coconut Grove, Brickell City Centre, 500 Brickell, and SLS Brickell Hotel & Residences.

The anticipated completion date for this project is Fall 2022. For more information on this new construction project, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.

Waterfront Mansion in Coconut Grove Breaks Record at $65 Million

Coconut Grove Mansion Sells for $64 Million
Coconut Grove Mansion Sells for $64 Million
Photo Credit: Pacheco-Martinez & Associates

A new record is in the books for Miami-Dade home sales. A waterfront spec mansion just sold for $65 million. Located in Coconut Grove, this home is the highest price sold residential home in Miami-Dade County history.

According to tax records, the property was traded for $50 million but multiple sources stated the home actually sold for $65 million which included the cost of completing construction on the home.

The home is located at 3488 Saint Gaudens Road and was sold by a company that is managed by Isaac Perez. According to the Real Deal and Tampa Bay Times, Isaac Perez is a longtime Key Biscayne resident who is an heir to a Venezuelan oil fortune.

The buyer is unknown but does have a Delaware LLC. Perez’s sister is also listed as the manager of the company.

The estate features 3 parcels totaling 4.3 acres with a pool deck, jacuzzi, boat dock, and outdoor entertaining space with a waterfall.

The lots were originally a part of a larger property that Perez purchased for $18 million in 2013. The 4th lot that a new mansion was built on was separated and sold a year ago for $6.2 million.

The transaction was financed with a $20 million loan from the Maxim Credit Group. This record sale passed the $50 million 2019 sale of the estate at 3 Indian Creek Island Road.

Related Group CEO Lists Coconut Grove Mansion for $33 Million

Coconut Grove Miami
Coconut Grove Waterfront Mansions
Photo Credit: The Jills Zeder Group

Related Group’s CEO Jorge Pérez, also known as the “Condo King,” recently listed his Miami home for $33 million. Located in Coconut Grove at 3323 Devon Court in Huges Cove, a gated community south of downtown Miami. Huges Cove features a total of 10 homes, each with custom architecture overlooking Biscayne Bay.

The Venetian-style mansion is sited on 0.92 acres with over 8,000 square feet of living space. With 6 bedrooms and 7 bathrooms, this unique home was built in 1996 as the family home of Pérez. The Venetian style is evident throughout with its beige travertine floors, light, and airy feel throughout, as well as classic touches of Italian artistry.

Related Group Sells Coconut Grove Mansion
Photo Credit: The Jills Zeder Group
Waterfront Mansion with Firepit
Photo Credit: The Jills Zeder Group

The property is truly a dream with resort amenities, including an infinity pool, spa, and gardens all on 482 feet of water frontage. The property also features exclusive water rights, a boat dock, and incredible views of Biscayne Bay.

According to tax records, Pérez originally purchased the home for $1.45 million in 1994. More recently, Pérez has sold his Apogee Beach penthouse for $6 million as well as the Related Group sold their Miami headquarters for $24 million.

3323 Devon Ct, Miami, FL 33133 in Coconut Grove
Photo Credit: The Jills Zeder Group

The Related Group is a development company that started in Miami in 1979. Over the years, they have built iconic towers that have enhanced the Miami skyline. Related has built and managed over 100,000 condo towers. Their current projects include; They are currently working on 1400 Biscayne, District 225, and Baccarat Residences Miami.

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

Master Bedroom in Coconut Grove Mansion
Photo Credit: The Jills Zeder Group