Mast Capital and Starwood Capital Group have officially launched sales of The Perigon, a luxury condo development planned for an oceanfront site in Miami Beach located at 5333 Collins Avenue.
After the City of Miami declared the existing La Costa Condo tower unsafe last summer, Mast Capital bought out the remaining units in an effort to move forward with The Perigon. The City of Miami’s declaration came shortly after the collapse of the Champlain Towers South in Surfside. Mast owns approximately 88.5% of the current tower leaving 14 unowned.
In June 2021, Mast filed the development plans for the property and the official approval came in December 2021. Rem Koolhaas is named as the architect for the project while Tara Bernerd is listed as the interior designer. The design resembles a series of towers merged together allowing the residents optimal views of Biscayne Bay, Miami skyline, and the Atlantic Ocean
The development will rise 17 stories and feature 83 total units, with 10 of those units labeled as ‘guest suites,’ which will only be available to purchase by unit owners.
Units will range from 2 to 4 bedroom floor plans with 2,100 to 6,700 square foot options. Units will start at $3 million and will feature a number of luxury amenities and residence features.
Services
Residential butler
Dedicated lifestyle concierge
24-hour security and valet service
House car
On-site general manager
In-residence dining and catering from a signature on-site restaurant
Home management services from cleaning and maintenance to floral and pantry stocking (available for additional costs)
Tower Amenities
Signature oceanfront restaurant by a celebrated chef exclusive to residents
Beachside swimming pool and outdoor spa with sunbeds and cabanas
Pool and beachside food and beverage service
Direct entry to the dedicated beach, equipped with lounge chairs, umbrellas, and service
Sprawling conservatory offering daily breakfast bar
Stylish cocktail lounge and speakeasy
Dramatic double-height lobby with open lounge area
Luxury guest suites for friends and family
Sunrise lounge with catering kitchen for entertaining and events
Private spa with sauna and treatment rooms
A state-of-the-art fitness center with a high-impact training room overlooking the Atlantic Ocean
Bespoke wine room
Private salon for personalized beauty services
Screening room
Imaginative children’s playroom
Intimate garden and meditation lounge areas overlooking the Atlantic
Bicycle storage
Residence Features
Direct, private elevator entry to each residence
Gracious 10-foot ceilings with floor-to-ceiling windows
Private 10- to 12-foot-deep terraces designed to provide direct views of the Atlantic from every residence
Expansive living, dining, and entertaining area accented with linear cove lighting
Custom Italian kitchens designed by Tara Bernerd & Partners featuring honed marble countertops, backsplash, and island
Sub-Zero Wolf Appliance Suite
Primary bathrooms feature natural stone flooring and walls, custom bathtub, bespoke mirrors, and light fixtures
Walk-in wardrobes in each bedroom
The building is expected to top off in 2024 with a completion date in 2025. If you or someone you know have an interest in purchasing at The Perigon Miami Beach, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Top 5 Events at the Sobe Wine and Food Festival 2022
Today begins the long-awaited Food Network & Cooking Channel Sobe Wine & Food Festival. This national 4-day event, located in South Beach, showcases the world’s top culinary geniuses including chefs, wine connoisseurs, spirit producers, and notables taking you on a delicious tour of local and international cuisines.
This festival is a 21-year-old tradition that began as a small local event to showcase southern wines and spirits and now it has evolved into an event that brings 60,000+ people to Miami from all over the world. The Florida International University Chaplin School of Hospitality & Tourism Management hosts the event and brings in more than $31 million to cover scholarships, programs, and future events.
The festival itself features 70+ events and we have broken down the Top 5 Must-Visit shows for this year’s festival.
Coke Zero Sugar presents Diners, Drive-Ins and Dives LIVE with Guy Fieri
Thursday, February 24th, 7 pm-10 pmat North Venue Beachside at Delano– Diners, Drive-Ins, and Dives, your favorite Food Network show, is heading to the dunes of South Beach for a one-night-only appearance. Guy Fieri, the iconic chef, restaurateur, New York Times Best Selling book, Emmy Award-winning TV personality, and now 2022 Tribute Dinner recipient, will take you on a gastronomic journey that will leave your tastebuds screaming for more
All foodies are invited to sample Guy Fieri’s journeys around America in pursuit of some of the greatest “greasy spoon” eateries featured on his hit program. Fieri is no stranger to organizing the Festival’s most memorable festivities, and to commemorate the 21st year, he’ll be returning on the beach with some of America’s finest local food places to establish a collective of 25+ eateries to produce their mouth-watering concoctions on the sand.
Fontainebleau Miami Beach presents Wine Spectator’s Best of the Best Friday
Friday, February 25th, 7:30 pm-10:30 pm at Fontainebleau– Gathering 50+ of the nation’s greatest chefs to exhibit their most gourmet samplings to pair with over 60 wines. The Fontainebleau Miami Beach sets the perfect stage for this grand walk-around affair, which will feature a lineup of critically acclaimed chefs, James Beard Award nominees, and finalists, and Food & Wine Best New Chefs.
Only the founders and winemakers from each winery are asked to serve their finest varietals so you can learn how some of the world’s best vino is selected. There will also be a Wine Wall raffle entering you for a chance to take the Best of the Best experience home with you. Following its record-breaking success at last year’s event, the Wine Wall is returning to provide participants the opportunity to experience the appeal of Best of the Best for themselves at the Fontainebleau Miami Beach!
Foodventure at Citizens MiamiCentral Culinary Market hosted by Dwyane Wade
Saturday, February 26th, 4:00 PM – 6:00 PM at Citizen MiamiCentral Culinary Market – Downtown’s newest food hub awaits with a three-time NBA Champion and one of the most successful and legendary players in Miami Heat history, Dwyane Wade, during this walk-around eating experience. Citizens Miami, opened this winter by Sam Nazarian and his team at C3 by sbe, features a 26,000 square foot, 16-stall culinary market featuring C3’s popular culinary brands such as EllaMia, Umami Burger, Sam’s Crispy Chicken, and many more.
With delectable bites, trendy pop-ups, and wines from Wade Cellars, as well as delectable cocktails from the Southern Glazer’s Wine & Spirits portfolio, this early evening soirée will feature culinary creations perfectly executed by chefs from around the world, as well as local stars from South Florida. During the event, restaurants featured at Citizens Miami will exhibit new menus inspired by renowned chefs such as ‘Chef’s Table’ star Dario Cecchini, ‘Iron Chef’ Masaharu Morimoto, Umami Burger’s Chef Alvin Cailan, and Ella Mia’s pastry chef and babka king Shimi Aaron.
King St. Vodka presents Peace Love Yoga: A Soulful Yoga Experience at Nikki Beach with special guest Kate Hudson
Sunday, February 27th, 10 am-11:30 am at Nikki Beach – Practice self-care at this deeply nourishing yoga experience sponsored by celebrated actress and businesswoman Kate Hudson and King St. Vodka, an ultra-premium spirit inspired by her old home on King Street in New York City.
This DARLEE production is the brainchild of two of Miami’s most accomplished women (and yogis): philanthropist and marketing maven Arlene Chaplin, and the soulful Dawn B, who will lead the morning’s practice with her encouraging words and invigorating attitude. Nikki Beach will be transformed into a soothing pop-up yoga class, replete with a well-deserved post-session selection of healthy snacks, tunes by DJ Taz Rashid, King St. Vodka beverages, and Barton & Guestier wines that will respect both your practice and your palette.
Bacardi Carnival
Sunday, February 27, 2022, 6 pm-9 pm – Beachside at The Ritz-Carlton of South Beach – Join the celebration at The Ritz-Carlton of South Beach to wrap up the 21st anniversary of the Sobe Food and Wine Festival which will be hosted by James Beard Award-winning TV personality Andrew Zimmern, who also works as a chef, food writer, and teacher.
Zimmern is widely recognized as one of the food world’s most varied, knowledgeable, and “bizarre” characters, and he’s ready to add his vivacity and enthusiasm to this sand feast. The name of the game is free-flowing spirits, as BACARDI creates delightful cocktails with spirits from their extensive collection, including Bombay Sapphire, Tequila Cazadores, Dewar’s, D’ussé, Grey Goose, and Patrón.
The vibrant and colorful environment will be enhanced by live music, creating the perfect beach carnival to close up your Sunday Funday at the Festival!
Developer Sells Waterfront Estate to Cosmetic Company CEO
Photo Credit: Dora Puig
Pascal Nicolai, a Miami house developer, sold his waterfront Hibiscus Island spec home to a cosmetic company CEO for $2 million over asking price landing at a steep $15 million.
The waterfront estate located at 165 North Hibiscus Drive in Miami Beach features 5 bedrooms, 5.1 bathrooms all on 0.17 acres of water frontage. The MLS listing shows a rendering of the spec home with a modern finish with floor-to-ceiling windows covering the exterior.
The interior of the home showcases 4,791 square feet of living space with high-end finishes.
Tropical foliage surrounds the property creating privacy that is unmatched on Hibiscus Island. The pool overlooks the dock, Biscayne Bay, and faces the Venetian Islands.
The seller Pascal Nicolai is the owner of Nicolai’s Sabal Development and this is one of his many spec homes currently being developed in Miami. The buyer for the property is the CEO of Farmasi North America, Sinan Tuna.
Tuna’s company is not only a cosmetic company but it’s also a marketing company that was originally located in Istanbul. Farmasi plans to build a headquarters and distribution center for the company in Doral, Florida.
The property was originally listed in July 2020 for $13 million during its completion of construction. It was then taken off the market then resisted in late 2021 for $15.5 million. The property was last sold to the developer for $5.8 million in 2016.
Dora Puig, owner and broker of Luxe Living Realty represented the seller/developer of the property.
Miami International Boat Show is Back for Presidents’ Day Weekend
The 2022 Discover Boating Miami International Boat Show has officially started and we have all of the details to plan for your weekend.
The Miami International Boat Show has merged with the Miami Yacht Show to form this new boat show which organizers claim is the “largest boat and yacht event in the world.” This event is anticipated to bring over 100,000 people to Miami and will create a $1.34 billion economic impact for the area.
The start of show started in Miami Beach with a ribbon-cutting by Congresswoman Frederica Wilson. Wilson was one of the main people involved in the new collaboration of this year’s boat show. Wilson stated that this year’s boat show is “our Super Bowl in boating.”
The water aspect of the show will take place at various Marinas including Sea Isle Marina, IGY Yacht Have Grade at Island Gardens, Museum Park Marina, and One Herald Plaza.
The land portion of the show will take place at the Miami Beach Convention Center and Pride Park. At each event, you will be able to experience superyachts to kayaks, and everything in between.
After spending 5.5 years on significant renovations and imported furniture, Igor Olegovich Nesterenko, a businessman in the meatpacking industry from Moscow, sold his Fisher Island property for $21 million.
The unit located at the Palazzo Del Mare unit 7153, features 5 bedrooms, 5.5 bathrooms, a terrace, a playroom, and a conference room spanning over 7,025 square feet. It also has a private 2-car garage on the parking level of the building and a private cabana near the pool.
Nesterenko spent the 5.5 years refurbishing the condo because Fisher Island only allows for roughly half of a year’s time for construction due to noise restrictions.
Furthermore, much of the furniture was purchased from abroad and was rather large and proved difficult to ship overseas. The bathtub in the master bedroom was fashioned from a solid block of Greek White Thassos marble and was carried into the apartment using a crane. The majority of the furniture was also brought by crane since it was too large for the elevator.
The 7,025-square-foot Unit 7153 located at Palazzo Del Mare was sold to Fana Fisher Palazzo 7153 LLC, managed by a trust in Bellevue, Washington purchased the condo for $21 million equals $2,989 price per square foot.
The trust is under the umbrella of the Fana Group of Cos., a real estate corporation located in Bellevue led by Chairman and CEO Firoz Lalji.
The apartment was designed by Augusto Busnelli of Milan, according to Flikshteyn. The previous owner spent around $10 million on upgrades. The property was last sold in 2011 for $8.3 million.
The Palazzo Del Mare was built in 2007 and with an expansive amenity package including a 9-hole golf course, 18 tennis courts, a marina and yacht center, a gourmet market, 8 restaurants, and Spa Internazionale. A Fisher Island Day School and a mile and a half of pristine beaches.
Fisher Island, America’s wealthiest zip code, is a 216-acre barrier island located across Government Cut from Miami Beach. Fisher Island condominiums are in a class of their own when it comes to ultra-exclusive living in South Florida.
The island, which can only be reached by ferry, boat, helicopter, or seaplane, provides unrivaled protection. All visitors to the island must first be checked by security at the Fisher Island port.
Sixty Sixty Condo Hotel Sold to Miami-Based Investment Group for $24 Million
In a previous foreclosure fight among owners and developers, the Sixty Sixty condo-hotel in Miami Beach has been sold for $23.5 million to a buyer who intends to repair as well as add to the waterfront development.
The 82-key condo-hotel is located at 6060 Indian Creek Drive along an inlet off of Biscayne Bay but also features views of the ocean. Integra Investments along with Sagar Desai’s Activate Hospitality sold the property to Bloom Hotels, under the umbrella of Bloom Ventures. The founder and CEO of Bloom is David Harari, who is located in Miami.
The CEO of Integra Victor Ballestas stated, “ripe market conditions created an opportunistic circumstance for the sale,” after stating he had no intention of selling the development.
The Schecher Group originally sold a majority of the units in 2020 to Integra and Activate for $15 million, then later bought the rest of the units in 2021. The company was then accused of a takeover although Schecher stated that the unit owners owed $9.4 million in homeowner association fees.
Bloom Hotels utilized Sheridan Capital to finance the property for a loan of $17.3 million. There have been talks of Bloom increasing the room count and bringing Canopy or Tapestry (Hilton brands) to assists with operations. Some plans include modernizing the property as well as adding a marina to the development.
It has been a rough couple of years for businesses due to COVID and the rising costs of goods/services. Within the past 2 years, a lot of businesses had to close, including one of South Beach’s favorite spots, The Regent. Recently, the Havana-inspired bar and lounge reopened with a new cocktail menu that will quench your thirsts.
Located inside the Gale South Beach, the bar and lounge originally opened in 2012. The bar was named in the Top Ten Hotel Bars in the World in 2017. In March 2020, The Regent closed its doors shortly after a renovation in 2019.
Before it was The Regent, it was called the Rec Room and was more of a night club themed spaced. Due to the renovation, the bar is now 3x the size of the once nightclub. The bar can also hold up to 200 guests.
Although The Regent is located in the Gale South Beach, you can still enter through a separate door behind the hostess stand of the Dolce restaurant. Once you make your way through the stairwell illuminated by neon signs, you will enter the bar area with a 10+ seat bar, comfy chairs, and leather banquettes.
The bar pays homage to classic 1920’s speakeasy with low lighting, leather fixtures, and privacy. In the early hours, hear low levels of jazz but the bass will rise later once the DJ starts spinning.
While you’re there, grab a Champiña or Peach One from the signature menu. If you get hungry, there is a limited food menu with cheese plates, chicken empanadas, and chips and guacamole.
The Regent is open Thursday through Saturday from 7 pm to 2 am.
The Historic Deauville Beach Resort Miami Beach Set to be Demolished
The Deauville Beach Resort located in Miami Beach, will be finally be demolished after years of neglect and decay, the mayor of Miami Beach announced this week.
The order for demolition was delivered in a letter to the Miami Beach City Commission on Wednesday, after a report by the building’s owners concluding that the structure is hazardous to the public. An assessment was completed after the letter by the city that confirmed the results to the demolition order.
The hotel forced to close in 2017 due to an electrical fire, and it has been closed ever since.
The hotel was purchased in 2004 for only $4 million by Deauville Associates LLC, a business managed by Belinda and Richard Meruelo. For years, the 540-room hotel at 6701 Collins Avenue has been the subject of lawsuits and other disputes between the city and its owners.
According to a Miami Beach Historic Preservation Board meeting last week in which the board considered options for moving forward, the North Beach hotel has piled up fines totaling roughly $1.8 million since last year.
According to the Miami Beach’s deputy city manager, Eric Carpenter, said that the demolition process may take one to two months to complete once the permit is issued. Approval will come after the Miami-Dade County’s Department of Environmental Resources Management Department determines that the site is safe for demolition, which will include the process of asbestos removal.
Some locals have stated that the property was purposely left unattended and that there was no maintenance ever completed on the hotel.
There are currently no plans for the 3.8 acre site after the hotel is demolished but the property will no longer be considered an historic site once the hotel is removed.
The Deauville features many historic components from 1957, including a large swimming pool, hairdresser, ice skating rink, ballroom and radio station.
This historic hotel housed some of the most iconic performances ever made. The Beatles’ in 1964 on “The Ed Sullivan Show,” and Frank Sinatra. The hotel was also a spot for big names like Joan Rivers and President John F. Kennedy.
Estate Featured on Miami Vice Sells for $13.9 Million
Photo Credit: Jill Eber
Andian Group, a Miami-based development firm led by Andres Isaias and Alejandro Diaz Bazan recently purchased a Miami Beach waterfront home for $13.9 million. What a deal for the estate that was originally on Miami Vice.
The property is located at 1415 North View Drive on Sunset Islands. The property itself features 7,748 square feet sitting on 0.6 acres. With 6 bedrooms and 8 bathrooms, the contemporary design showcases custom walls, marble flooring, and soaring wood-beamed ceilings.
Skylights and large windows center on the incredible outside views. The home also features a custom bar in the main living area, a gourmet eat-in kitchen with top-of-the-line appliances. Carrara marble unfolds throughout the bathrooms making the home a luxurious retreat.
The exterior of the home feature an in-ground pool with a fountain, 97 feet of water frontage, and the ability to place a long boat dock.
Photo Credit: Jill Eber
The home was originally built in 1983 and was utilized from 1984 to 1990 for the filming of the original Miami Vice.
The property records state that the seller is Lions Global Venture out of Miami. Lions Global purchased the home in 2013 for $7.6 million.
The Andian duo plans to renovate and sell the home for profit. They have been very active in Miami Beach and have recently sold a home on the Venetian Islands for $15.1 million.
Photo Credit: Jill Eber
The South Beach Jazz Festival is Back for Another Year
The South Beach Jazz Festival is back for another year and we can’t be more excited! Scheduled for this weekend you can find some of the top jazz performers at venues throughout Miami Beach.
The show is set for January 7-9, 2022, and was designed to showcase the musical abilities of people with disabilities. According to the new President of Power Access, the non-profit organization that hosts the festival, “It is in our mission to provide opportunities for musicians with disabilities and so at least one musician in each group does have a disability,” states R. David New.
New himself became blind, deaf, and partially paralyzed due to a rare disease but later regained his ability to hear and walk. With his personal experiences, this festival is very close to him and he is happy to be able to continue the tradition for 2022.
The pre-festival show will take place at the Faena Theater on Thursday, Jan. 6th. The performers will include pianist Gonzalo Rubalcaba and singer Aymee Nuviola. Their recent 2020 album was nominated for a Grammy Award in the “Best Latin Jazz” category. The album is a tribute to their mothers as well as their home, Havana.
The opening act on Friday, January 7th is Grammy Award-winning Blind Boys of Alabama. Also performing is New Orleans saxophonist Donald Harrison and drummer Art Blakey’s famed Jazz Messengers. Also in attendance will be the University of Miami Jazz Quintet with Kaleen Barton.
The opening pre-festival and the Friday shows will be a ticketed event while the other shows are free.
As for COVID protocols, all performances are expected to be outside except the pre-festival show. According to R. David New, “We are taking every precaution possible to make our event safe and enjoyable for the entire community.” Social distancing and masks will be encouraged. To see a full list of performers as well as their locations, click here.
