Construction has Reached the 49th Floor of the Aston Martin Residences Miami

View of Aston Martin Residences from Biscayne Bay

Aston Martin Residences is a condominium skyscraper currently under construction in Miami. Located at 300 Biscayne Bay Blvd in downtown Miami and situated along the Miami River and Biscayne Bay.

Aston Martin Residences Construction Update

The original plans for this tower were a proposed 66 stories and 817 feet high. According to a source, this tower will now be 70 stories, making it just over 860 feet. These additional stories will include an owner’s lounge among other amenities that will be released to the public as construction continues.

The construction has reached the 49th floor and has almost reached the height of Epic Residences which is directly west of the tower. It has also cleared the Met 1 tower which is directly east of Aston Martin Residences.

Although the tower will be larger than proposed, it will still have its amazing features with 391 residences with studio to 4 bedroom unit options. Floor 56 and above are dedicated to the penthouse units with panoramic views and their own private pools. The building will also feature a full-service marina which will accommodate super yachts!

Aston Martin Residences Tower View from the Top

Although the building size has changed, there has been no official update on when the project will be completed. As it stands, construction is expected to be complete in 2022. We will update this article once we receive more information on this luxury condominium tower!

Elysee Receives TCO – Closings are set to begin in the Coming Days

Elysee Photo From Biscayne Bay

No, it’s not an April Fool’s joke, Elysee has finally received its TCO! Two Roads Development, the developer of Elysee, has officially received its temporary certificate of occupancy after a five-month delay, which means that closings will begin in the upcoming days. According to our sources, Elysee is approaching 90% sold.

Elysee will be the tallest building in the Edgewater neighborhood standing 57 stories on the shore of Biscayne Bay. Elysee sets a new standard of luxury with its contemporary architecture, designed by Bernardo Fort-Brescia of Arquitectonia. The building was designed with three tiers of different sizes with the largest tier on the top creating a telescopic shape.

Elysee Tower View

With only 100 units (no more than two per floor), this layout creates unobstructed Miami and Biscayne Bay for every unit.

Tower Information

Pool View of Elysee Tower

Residence Information

  • 2 Units per floor
    • Units have the option to be designed
  • 3-, 4-, 5-Bedroom layouts with den options
    • 3 Floor plans from 2,660 to 3,995 sq. ft.
    • Duplex options
  • Private elevators
  • 10 − 11 ft. ceilings
  • Fully decorated units
  • Impact resistant floor-to-ceiling glass windows and sliding glass balcony doors
  • Two 8-10 foot terraces facing East & West (sunrise & sunset)
  • 360-Degree Views
  • Savant wireless technology systems
  • ItalKraft® cabinetry in kitchens and baths
  • Sub-Zero® and Wolf® stainless steel appliances
  • Full size washer & dryer
  • Designer faucets and fixtures
  • 50% of the residences have nanny/maid’s quarters
  • Two parking spaces per residence
  • Toto® Toilets
  • Service and staff elevator(s)
  • Over 50% of residences have nanny/maid’s quarters
Drone View of Elysee Tower

Building Amenities

  • 24-Hour door attendants
  • 24-Hour security and video surveillance
  • White glove concierge service
  • On-site automobile concierge
  • Valet parking
  • Expansive 30ft wide motor court
  • Landscape and grounds crew
  • Robotic parking
  • Two guest suites available
  • Storage area
  • Bike storage

7th Floor Amenities

  • 360-Degree views
  • 75-Foot resort pool
  • Outdoor summer kitchen & BBQ terrace
  • Fitness center and Yoga studio
  • Dedicated men and women’s spa with sauna, steam shower & massage tables
  • Blow dry bar
  • Children’s room adjacent to fitness center
  • Teen room
  • Two guest suites

13th Floor Amenities

  • Great room with grand piano
  • South-facing grand dining room (Seats up to 30 Guests)
  • Library that converts to private theatre with high-definition projector
  • Full lounge bar
  • Chef’s kitchen
  • Chef’s table with indoor and outdoor seating
  • Business center
  • Resident wine storage
  • Game room

Pricing for Elysee

  • 3 Bedrooms: $.68M – $2.3M with a North Eastern exposure
  • 3 Bedrooms: $1.67M – $2.7M with a South Eastern exposure
  • 4 Bedrooms: $3.2M – $3.8M with a North Eastern exposure
  • 4 Bedrooms: $3.5M – $4.2M with South Eastern exposure

Although there are few units remaining, if you or someone you know has any interest in purchasing a remaining unit at Elysee, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332 for more information.

Closings Have Started for Monad Terrace Miami Beach

Monad Terrace Miami Beach

Monad Terrace is a new luxury condo tower in the heart of Miami Beach at 1300 Monad Terr, Miami Beach. This boutique waterfront condo development will feature 59 units with two to five bedroom options including four penthouses. According to the property records, seven condos have sold between $1.4 to $8 million.

Drone Photo of Monad Terrace

The developer for the project is Michael Stern, a New York developer who is making his name known in South Florida. One of his other known Miami projects is the Echo Brickell tower. The project’s partners include Stern JDS (principal), New Valley, Ackerman Development and Mink Development. The designer is Ateliers Jean Nouvel along beside architect Kobi Karp.

According to the Real Deal, this tower has been in a planning stage since 2015. Stern and his partners financed the construction with a $137 million loan from a New York based real estate lender, Madison Realty Capital. The 14 parcel development was chosen in 2015 and cost $51 million plus.

Monad Terrace Miami Beach

In 2019, penthouse B went under contract for $8 million by Joshua Wander, managing partner for a Miami based private equity firm. Within the past 3 months, there has been an increase in sales with units totaling $70 million plus under contract including three of the four penthouses. The remaining units range from $2 million to $12.5 million.

Building Amenities:

  • Sundeck with swimming pool
  • Hot tub that overlooks Biscayne Bay
  • Cafe and Juice Bar
  • Wellness center
  • Dock
  • Bicycle and water sports storage room

Residence Amenities:

  • Seamless indoor-outdoor living space
  • Biscayne Bay views
  • Kitchens designed by Jean Nouvel
  • Cantilevered marble island
  • State-of-the-art appliances
  • Wood ceilings
  • Reflective Cabinetry
  • Custom bathrooms designed by Jean Nouvel
  • Spacious stone countertops
  • Stone tiled walls
  • Spacious soaking tubs
Monad Terrace Miami Beach

Stern will also have a hand in the development of the 62-story Brickell Treehouse tower project that will feature 1,000 apartments, 200 micro-units, hotel, and office space.

Monad Terrace Balcony Views

If you or someone you know has any interest in purchasing a unit at the Monad Terrace Tower, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332 for more information.

MiamiRealEstate.TV is the Newest Addition to Miami Condo Investments

MiamiRealEstate.Tv

We would like to officially announce our newest project, the MiamiRealEstate.TV website. Since 2014, I had a vision of creating a space for all things real estate in Miami. In that same year, I purchased the domain at auction and have been researching ideas/creating a plan since the beginning. During that time, I knew that technology and real estate would collide and I’m so thrilled that this vision has become a reality!

The biggest difference between this project and what others have done is that these videos aren’t just about myself and my listings. I want to showcase the best Realtors in the area, luxury listings, real-estate developers, city-transforming developments, and other industry-leading game changers.

There are currently five videos available featuring Philip Freedman, the Executive Sales Director of The Ritz-Carlton Residences Miami Beach, and Adriana Brito giving a tour of the Upper Penthouse at Brickell Flatiron. Dora Puig was also interviewed giving a tour of her listing for $38 million penthouse at Icon South Beach (please see above video).

Our hope with the launch of MiamiRealEstate.TV is to bring expertise to Miami Real Estate viewers.

We are so excited for this new adventure and we look forward to growing with you! Be sure to follow @miamirealestate.tv on Instagram and visit MiamiRealEstate.Tv to stay updated with everything real estate in Miami.

Missoni Baia Construction Passes its Halfway Point

Welcome to Missoni Baia! This remarkable waterfront tower will feature 57 floors with an impressive 200 feet of Biscayne Bay frontage. Curated by New York designer Paris Forino, with 249 custom one-to-five bedroom options. The architect for this tower is Hani Rashid of Asymptotoe Architecture and the developer is OKO Group under Vladislav Doronin.

Updated Missoni Baia Construction Picture

Construction is underway for this gorgeous tower and it has passed the half-way point. According to CEO of developer Cain International, “This milestone is a testament to the team’s diligence and hard work despite the challenges presented by the current environment. Building Missoni Baia to its midpoint milestone is a remarkable moment for our team as we bring this elegantly designed, landmark project to life.”

According to a press release from Missoni Baia, all windows have been added to the north and south tower up to the 36th floor, including partial balconies. Civic Construction, the general contractor has stated that top-off is estimated this time next year.

Building Information:

  • Prices start at $600,000 to $9 million
  • One-to-five bedroom layouts
  • 776 to 3,788 square feet
  • Direct Bay or City views with panoramic views of Biscayne Bay, Downtown Miami or South Beach
  • Residences feature 10 foot ceilings
  • Terraces with impact resistant glass windows are 8 to 10 feet deep
  • Marble-encased bathrooms with European styles lacquered cabinets
  • Custom kitchens with top-of-the-line cabinetry and high end appliances

The residents will have access to all the amenities a luxury resort has to office; five separate pools with an Olympic-sized swimming pool, and an infinity pool with views of Biscayne Bay. Poolside lounges, cabanas, elevated tennis courts, and luxury spa are also available. Residents will also receive membership access to the Grand Bay Club beachfront of Miami’s Key Biscayne.

Updated Construction Photo of Missoni Baia

Missoni Baia is still on track for completion for the end of 2022! Subscribe for more updates on Missoni Baia construction!

One Thousand Museum Secures Loan 3 Weeks after Foreclosure Announcement

One Thousand Museum
One-Thousand Museum Exterior Drone

The future is looking bright for the developers of One Thousand Museum Residences. Just three weeks ago, the Reuban Brothers filed a foreclosure lawsuit against the developers for $82.7 million with interest. As of March 3, 2021, which is the date of the filing, 15 developer units were still available in the tower.

Within three weeks of the foreclosure announcement; Louis Birdman, Gilberto Bomeny, Kevin Venger and partners Gregg Covin and Todd Glaser, have secured and closed on a $90 million condo inventory loan from Cirrus Real Estate Partners. This new loan closed on Monday and will pay off the loan balance that was originally provided by Fortress Investment Group in 2016. It will also give the developers time to sell the additional units.

The mortgage broker for this transaction was Jim Fried, President of Sandstone Realty Advisers. A former Fortress executive, who is now the Managing partner at Cirrus Real Estate Partners, Tony Tufariello, expects the developers to sell the units with the next couple of years. Tufariello stated that they were “attracted to the buildings larger floor plans and amenities, and encouraged by the recent uptick in sales.”

The developers stated that they were planning to pay off the original construction loan but it was “pushed due to travel restrictions that hindered lenders from walking the final project.”

One Thousand Museum Exterior Entrance

This luxury tower features a private rooftop helipad, valet services, and well spa. One-Thousand Museum is also home to David and Victoria Beckham.

Building Amenities:

  • 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

Residence Features:

  • Private residences are accessed from the lobby via secure, high-speed elevators that feature destination-entry smart technology
  • East-to-west flow-through floor plans that capture the mesmerizing panorama of Biscayne Bay and Atlantic Ocean views as well as the Miami skyline
  • Oversized terraces
  • Custom Italian kitchens with quartz countertops
  • Induction cook tops, in wall ovens, steam ovens, microwaves, dishwashers and integrated coffee makers by Gaggenau
  • Refrigerators by Sub-Zero
  • Faucets by Dornbracht and other quality manufactures
  • Custom-designed Italian made walk-in closets
  • Interior doors throughout the residences are by Lualdi Porte. All doors have been customized with Valli & Valli’s Duemila Cinque series handles designed by Zaha Hadid
  • European Interior Illumination products by Apure Architectural Lighting and other premium manufacturers customized by German designer, Uli Petzold.
  • State-of-the-art home automation infrastructure by Crestron

These unique and luxurious units range from $4.95 million to $20 million and with the popularity of the luxury condo market, the inventory has become limited. If you or someone you know have an interest in purchasing one of the One Thousand Museum Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.

Michelin-Starred Restaurant Carbone – Makes Debut in South Beach – Plans to Open Additional Eateries in Miami

Michelin-starred Carbone in South Beach

One of the hottest spots in Miami right now is the Michelin-starred Carbone restaurant. With its remarkable menu, retro-style French décor, and its iconic location; Carbone has become a staple in the South Beach neighborhood in such a short time.

This Michelin-Starred restaurant is the first of many restaurants that Major Food Group plans to open. This hospitality company is ran by Mario Carbone, Rich Torrisi, and Jeff Zalaznick; whom also opened the original Carbone in New York in 2012. They are also in the process of working on restaurants in Miami’s Design District and the Brickell Neighborhood.

Carbone's Outdoor Patio

Located at 49 Collins Avenue, this luxurious and Ken Fulk design is truly awe-inspiring. Captains fitted in Zac Posen tuxedos guide customers through menu options and salads are prepared tableside for the full Carbone experience. The menu includes raw-bar platters featuring stone crab claws, crab knuckle sandwiches, spicy rigatoni, or veal parmigiana.

Menu Options:

Carbone is the first piece of the expansion and the Major Food Group plans to open a private member’s club with Japanese food this spring as well as a French-style Steakhouse in Brickell in September.

Carbone remembers his first trip to South Beach for the Wine & Food Festival in 2012, “I remember vividly one of the first trips we took here together. We had an absolute blast. If you told those kids who were drunk at La Sandwicherie back then that they would be opening on First and Collins, that would have been their dream come true. That’s as good as it gets.”

The Major Group isn’t going anywhere anytime soon. Zalaznick states that “I’ve been here for the last 10 months. As I spent more and more time here, I really realized that this city is an incredible place to live and work in a full-time capacity.”

Tallest Residential Tower in Miami at 100 Stories – Waldorf Astoria Residences Miami has Officially Launched Sales

Rendering of the 100-story Waldorf Astoria Residences Miami

Waldorf Astoria Residences Miami has officially launched their sales center on March 23rd, 2021. Located at 300 Biscayne Boulevard, Waldorf Astoria is planned to be the tallest residential tower in Miami at 100 stories and will be the tallest tower south of Manhattan.

This tower will feature 360 condo, 205 hotel rooms, and suites. Amenities include a Peacock Alley Lounge, a restaurant, indoor and outdoor event area, resort-style pool with cabanas, spa and fitness center.

Architects include Carlos Ott and Sieger Suarez, whom have created a nine offset glass cube design for the tower. The hotel is announced to be within the first 3 cubes of the tower and the rest will include the condominiums.

Developer Information:

  • Developers: PMG – Property Markets Group & Greybrook Realty Partners
  • Interior design firm: BAMO – www.bamo.com
  • Architect: Carlos Ott (conceptual artist) with Sieger Suarez

Tower Distribution:

  • 3rd Level –  Condominium lobby
  • 5th level – Hotel Signature Restaurant and Peacock Alley
  • Level 7 to 16 – Hotel guest rooms and suites
  • Level 17 – Hotel function spaces, main ballroom, junior ballrooms and multi-purpose function space 
  • Level 19 – Hotel lounge bar, meeting and boardrooms 
  • Level 21 – Hotel pool deck with café and signature F&B 
  • Level 23 and 24 – Spa and fitness
  • Level 26 to 31 – Hotel guest rooms and suites
  • Level 31 to 32 – Private residential amenity level; pool deck
  • Level 34 to 85 – Residential condominium
  • Level 86 to the top – Penthouse level

Pricing:

  • Junior Suite Residences $650,000
  • 1 Bedroom Residences $1,000,000
  • 2 Bedroom Residences $1,700,000
  • 3 Bedroom residences $3,100,000
  • 4 Bedroom Residences $4,900,000

Payment Plan:

  • 10% deposit at contract
  • 10% deposit in 6 months
  • 10% deposit groundbreaking
  • 10% deposit one year after the groundbreaking
  • 60% deposit at closing
  • HOA – $0.80 per square feet
  • Rental terms – minimum 3 months only twice a year

Building Overview:

  • 100 Stories
  • 360 private residences
  • Studios, 1, 2, 3, and 4-bedrooms
  • Penthouse Collection

Building Features:

  • The 100-story tower located in Downtown Miami across from Biscayne Bay
  • Conceptually designed by world-renowned architect Carlos Ott in collaboration with Sieger Suarez Architects
  • 360 branded luxury residences
  • 205 hotel guestrooms and suites
  • Interiors created by BAMO design firm
  • Peacock Alley
  • True Waldorf Service and concierge
  • Unobstructed views of city and downtown skyline, Miami Beach and Atlantic Ocean
  • Waldorf Astoria immersive resort-style pool with outdoor café and private cabanas
  • Private Bar/ Wine Tasting Room
  • Signature Restaurant
  • All-Day Dining Brasserie
  • Pre-function and function spaces
  • Meeting and boardrooms
  • Waldorf Astoria Kids Clubs
  • 24 hour Valet services

Sales have started and the construction completion date is set for 2025. If you or someone you know has any interest in purchasing a unit at Waldorf Astoria Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332 for more information.

Grab Something Green and Celebrate St. Patrick’s Day in Miami – 2021

St. Patrick's Day Celebration

St. Patrick’s Day may be a little different for many this year but there are restaurants and bars in Miami that are still celebrating. Check out the list below for drink specials, bands, and all things green!

  • The Taurus: Drink specials with St. Patrick’s Day-themed cocktails for $8, Guinness for $5, and Irish whiskey for $5. These specials are from 5pm until midnight.
  • Tobacco Road: Living Music and drink specials include $5 Green Pabst Blue Ribbon, $6 Irish coffees, $7 Irish Car Bombs and $5 Irish whiskey.
  • The Wharf: Tonight features live music and games! Food by Spris Artisan Pizza, La Santa Taqueria, and Mojo Donuts! Free Guinness every time you buy a shot of Jameson.
  • Calle 23 Miami: Beer and Irish whiskey shot specials at $10 each, Guinness for $7 and Irish Mules for $10.
  • Swarm in Wynwood: This festive street party is free and features live DJ, drink specials and games!
  • Sunset Skyline Happy Hour Cruise: Departing from Biscayne Bay, this 90 minute happy hour cruise takes you past Star Island, Hibiscus Island, Palm Island, Fischer Island plus the famous Venetian Islands, all while drinking green beer!

The History of Brickell Miami

A 1920's Point View of Millionaire Row
1920’s Point View of ‘Millionaire’s Row’

Over a hundred years ago, Brickell was a neighborhood of luxurious mansions and home to some of the wealthiest families, dubbing the name “Millionaire’s Row.” Located just south of downtown Miami, Brickell is lined with incredible towers, unique restaurants, marinas, and beaches; today Brickell is often referred as ‘Miami’s Manhattan’ as well as the ‘Financial District.’

Brickell’s Earliest Inhabitants

Evidence of Brickell’s earliest inhabitants include the Tequesta Indians, who are believed to have lived in South Florida for more that 2,500 years. The Miami Circle archeological site that is located at the Miami River to Biscayne Bay is the earliest evidence of the Tequesta settlement. According to the archeological site, a Tequesta hut once stood across the river from a burial mound. During construction of a hotel, the mound was destroyed but the circle still remains.

Photo of Will and Mary Brickell.
Will and Mary Brickell

The Brickell Family

Brickell was named after Will and Mary Brickell. They were one of the earliest families recorded to have established a home and a trading post in the Brickell neighborhood in 1871. They purchased large pieces of land and the trading post was located at what is now Fifth Street and Brickell Avenue. The family’s extensive real estate included all of the current Brickell and just south of Coconut Grove. When construction of the railroad reached Miami in 1896, the Brickell’s negotiated the extension of the railroad into Miami, creating a prime location for trade and development.

The Skyscraper Era

During the Great Depression, some homeowners in Brickell began to subdivide their homes, which took on the appearance of ‘rooming houses’ and, after World War II, additional changes of retail and institutional buildings appeared on Brickell Avenue. By the 1980s, the old Millionaire’s Row became the era of towers and skyscrapers and became a banking center headquarters. Atlantis on Brickell is a Miami landmark and was one of the very first towers built on Brickell. It is known for its glass façade and 5-story palm court cut out of the building.

Brickell Miami skyscrapers

Modern Day Brickell

Brickell has been on a developmental rise since the 1980’s. Present day Brickell is made up of massive residential towers, apartment buildings, offices, and hotels. Brickell is also home to international banks; HSBC, Espirito Santo Bank, and Banco Santander. Towers are getting larger and developments are moving further west towards I-95 to accommodate the growth.

At the heart of Brickell, two large, mixed-use developments ; Mary Brickell Village and Brickell City Centre are located. Mary Brickell Village includes 200,000 square feet of bars, shops, and restaurants. Toscana Divino, Blue Martini, Shake Shack, North Italia, and P.F. Chang’s are some of the notable tenants. Brickell City Centre, opened in November of 2016 spans over 9 acres and cost over $1 Billion. It includes 500,000 square feet of open-air retail featuring luxury brands such as Chopard and Valentino, a 5-star hotel called East Hotel, and 780 luxury condo residences in the Brickell City Centre Towers called Rise and Reach. Brickell City Centre also includes a high-end movie theater and an Italian food hall called Casa Tua Cucina.

It will be exciting to see what the next 20 years have in store for the Brickell neighborhood!

Sources: