Tag Archives: miami condo apartments

Beach House 8 Penthouse Sells for $17 Million

Penthouse Unit at Beach House 8 Sells for $16.66 Million

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Beach House 8 Penthouse Sells for $17 Million

For $16.66 million, a penthouse at Miami Beach’s beachfront Beach House 8 condo sold to an LLC managed by Greg Raiff of Fort Lauderdale.

The 4,642-square-foot Unit PH at 3651 Collins Ave. was sold by Beach House 8 BH3 LLC, run by Ricardo Ribeiro Da Silva Junior in Miami, to ULA House 8 LLC, ran by Raiff. Private Jet Services Group’s owner, Elevate Aviation Group, based in Boston, is led by Raiff.

In 2016, the same year that the tower was completed, the unit sold for $14 million. For the sell price of $16.66 million, it equates to $3,589 per square foot.

This magnificent 2 full-floor penthouse overlooks the ocean expanding 5,000 square feet with an additional 5,000 square feet of outdoor space with 5 bedrooms and 5 bathrooms. The outdoor rooftop features a private pool with 360 degrees of ocean and Miami Beach views. Yacht-like attention to detail can be seen in the joinery in the staircase and the woodwork in the main hall.

The modern kitchen with quartz counters and high-end stainless steel appliances flow effortlessly to the living room with an abundance of natural light and high-impact floor to ceilings windows.

The master bedroom suite, which takes up an entire floor, has its own spectacular outdoor spaces as well as an opulent bathtub. A staffed beach, a residents’ pool with cabanas, indoor and outdoor lounges, an underground garage, and a fitness center are among the amenities located downstairs.

The tower was created by the renowned architectural firm Arquitectonica and features interior design by Michele Bonan from Italy. One of Miami Beach’s most upscale condos on the water, Beach House 8 features just eight units.

Miami Condo Statistics

Volume for Condo Sales Rose more than $60 Million for June

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Miami Condo June Statistics

According to the Miami-Dade MLS (Multiple Listing Service), condo sales for Miami rose more than $60 million, while the number of units remained steady. As of last week, 273 units sold, which is very similar to the previous week with a dollar amount totaling just over $210 million, with the previous week at $149.3 million.

The average sell price for condos from June 13 to June 19 is up to $770,000 with the previous week at $541,000. The most expensive sale for this week included a penthouse at Miami Beach’s Faena House for $11.2 million equaling $2,628 per square foot. The unit was on the market for 267 days.

Faena House condominium is located at 3315 Collins Avenue in Miami Beach. It is an ultra-luxury tower with 47 units rising 18 stories tall. This building offers 1 to 4 bedroom floor plans with 1,307 to 8,273 interior square feet of living space. Residence features include; Miele appliances, Dornbracht bathroom finishes, marble flooring, and Crestron Automated Systems. Residents enjoy exclusive amenities including a 24-hour doorman, valet, spa, fitness center, beach club, and direct ocean views.

The second most expensive sale was at the Surf Club Four Seasons in Surfside selling for $6 million at $3,409 per square foot. This property was on the market for 126 days.

Surf Club Four Seasons located at 9001 Collins Avenue and 9111 Collins Avenue in Surfside was designed by architect Richard Meier who brilliantly blinded the historical Surf Club and the new 12-story development. The Surf Club Four Season features 150 residences and 77 hotel rooms. The residences feature 1 to 5 bedroom units with staff quarters ranging from 1,411 to 7,500 square feet of living space with floor-to-ceiling glass walls, expansive balconies, and unobstructed views of the Atlantic Ocean and Biscayne Bay.

view from Baccarat Residences Tower 2 in Brickell Miami

Renderings Released for Baccarat Residences Miami

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Baccarat Residences Miami 75-story tower

Baccarat Residences Miami is the newest pre-construction tower located in Brickell that will soon grace the Miami skyline with its gorgeous glass exterior. The location is ideal placing Baccarat Residences in the heart of downtown at 444 Brickell Avenue.

Rising 75 stories, the collection includes 324 residences that will begin on the 15th level. The top 3 floors will feature 8 penthouses with immaculate ocean and skyline views. In addition, there will also be 28 riverfront flats and duplexes of your choosing.

Units will range from 1,330 square feet to over 7,000 square feet, with each unit featuring integrated purified air and water filters, impact-resistant floor-to-ceiling glass doors, 8-foot deep private terraces, and 10-foot high ceilings. Kitchens will be top-of-the-line with high-end appliances, granite counters, and custom cabinetry.

Interior Designed by Meyer Davis Studio, the building design incorporated a mixture of 18th-century French and 1930s Art Deco. The developer includes the Related Group with the landscape architecture designed by Enzo Enea.

view from Baccarat Residences Tower 2 in Brickell Miami

The elevated waterfront amenities deck will include an infinity pool with killer views of Miami and Biscayne Bay. Enjoy fine dining at the 10,000-square-foot restaurant that will be announced once construction continues. Additional amenities include a state-of-the-art fitness center, spa, wine cellar, and tasting room.

living-dining room from Baccarat Residences Miami
kitchen at Baccarat Residences Miami

Quick Facts:

DEVELOPMENT OVERVIEW

  • Privileged Brickell waterfront position, where the Miami River meets Biscayne Bay
  • Dazzling contemporary 75-story glass tower
  • Collection of 324 tower residences, 8 penthouses, and 28 riverfront flats and duplexes
  • Panoramic views of Biscayne Bay, the Miami River, and the Miami city lights and skyline from every residence
  • Artful service and amenities impeccably curated by Baccarat Hotels & Residences and expertly managed by SH Hotels & Resorts
  • Lushly landscaped waterfront promenade and private marina
  • Planned 10,000 square feet signature waterfront restaurant
  • Curated museum-quality art collection

BUILDING AMENITIES

  • Lushly landscaped secluded private entrance leading to the riverfront arrival court and elegant porte-cochere entrance
  • Exquisitely appointed entrance lobby with grand high ceilings leading directly to three banks of double private elevators to each residence
  • Permanent installation of curated museum-quality art collection throughout the building’s public spaces
  • Elevated 12th-level amenities resort deck loaded with a dramatic zero-entry heated saline swimming pool, outdoor spa, pool-side cabanas, summer kitchen area, and beautifully landscaped sun terrace
  • Glamorously designed Grand Salon, set as the ideal location for both intimate gatherings and grand celebrations
  • Luxurious Clubroom with bar and billiards, catering kitchen, and multimedia facilities
  • State-of-the-art fully equipped fitness center curated by Altitude
  • Fitness with cardio theater, spinning room, yoga and meditation rooms, all overlooking the pool deck resort area
  • Hammam spa with men’s and women’s steam and sauna facilities, luxurious treatment rooms, and spa shop
  • Private screening room with cutting-edge audiovisual equipment and theater-style seating
  • Game room with multimedia facilities and children’s playroom
  • Business Center with conference facilities and private workspaces
  • Gourmet market
  • Wine Cellar and Tasting Room
  • State-of-the-art Chef’s Kitchen and Private Dining room
  • Pet-friendly community with Pet Spa, Grooming, and Walk Service
  • Hair Salon & Barber Station
  • High-speed internet access in all public areas
  • Electric vehicle charging stations
  • Air-conditioned storage rooms
  • Bicycle storage spaces

BACCARAT GLOBAL MEMBER PRIVILEGES

  • Baccarat Owners Circle Services including private shopping, discounts on Baccarat crystal, discounted engraving and gilding, and priority status for custom production
  • Exclusive tour package to Baccarat France, available only to owners of Baccarat Residences
  • Invitations to Baccarat events worldwide
  • Preferred service and privileges at Maison’s Baccarat (Paris and Moscow), BBar (Tokyo) and Crystal Rooms worldwide
  • Hotel privileges in Baccarat Hotels and SH Hotels & Resorts worldwide

This project will break ground in 2022 with a completion date of 2024. If you or someone you know have an interest in purchasing one of the units at Baccarat Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

master bedroom Baccarat Residences Brickell Miami
balcony from Baccarat Residences Miami Brickell
E11EVENT Hotel & Residences

PMG will be the First Developer to Accept Cryptocurrency on Pre-Construction Tower – E11EVEN Hotel & Residences

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Building location for E11EVEN Hotel & Residences

Following the wake of the Bitcoin 2021 Conference, cryptocurrency has made a name in Miami and continues to grow throughout the country. Adding to the long list of companies accepting cryptocurrency, you can now add PMG Development. PMG will be the first developer to accept cryptocurrency for deposits on pre-construction condos.

E11EVENT Hotel & Residences

In April 2021, E11EVEN Miami nightclub began accepting crypto but now E11EVEN Hotel & Residences is the first major development that PMG is accepting the digital currency.

E11EVEN Hotel & Residences is a luxury high-rise in the Park West District of Miami, and is considered one of the fastest-selling condominium projects in the last decade. It has gained national and international attention with Candance Park of the WNBA, Sage Steele of ESPN, and Luke Rockhold a MMA fighter have expressing interest in the development.

The residences are fully-finished and fully furnished starting at $300,000 and the floor plans consist of studio to 2 bedrooms. There is also a limited Penthouse Collection and 2 Presidential Suites.

Construction Information

  • Co-developed by Property Markets Group (PMG) and E11EVEN Partners
  • Sieger Suarez Architects
  • Interiors curated by AvroKO Hospitality Group

Building Features

  • E11EVEN® app fore concierge services and building amenities
  • Common areas featuring museum-quality curated fine art and installations
  • Limited Penthouse Collection and two Presidential Suites
  • Views of the Miami skyline, Biscayne Bay and Atlantic Ocean
  • Club E11EVEN® Bar & Lounge
  • 5-Star gourmet food hall
  • Casino-Style Sports Lounge
  • Chopra Spa & Studio mind & body experiences featuring state-of-the-art fitness center, meditation, yoga, and customized treatment services
  • 20,000 Square-foot, ultra-modern multi-level E11EVEN® Day Club and pool sits above 11 stories, overseeing the stunning Miami skyline
  • E11EVEN’s® rooftop experience is a unique 24/11 poolside venue featuring its own signature dining experience
  • E11EVEN® Beach Club
  • Complimentary 24-hour valet

Residence Features

  • 9’6 – 10’ floor-to-ceiling windows varies by floor with stunning Miami skyline and Biscayne Bay views
  • Smart home technology experience. Includes integrated audio, video and lighting systems
  • Contemporary lighting package
  • All residences include LED (or water-based) fireplace in every living room
  • Fully built-out closets in the master bedrooms
  • Washer and dryer
  • French balconies in select residences
  • Pre-wired for high-speed communications, multiple telephone lines, and cable
  • All residences include a signature Home Essentials Package: silverware, glassware, linens, sheets, towels
  • 11 Resident Membership Package featuring exclusive beach club, day pool and ultra club access
  • Kitchens with custom countertops and backsplashes
  • Imported and custom kitchen and bathroom cabinetry by Italkraft
  • Subzero and Wolf appliance package includes microwave, dishwasher, convection oven and refrigerator
  • Waterworks bathroom fixtures, features & accessories
  • Frameless glass-enclosed showers

This project will break ground later this year. If you or someone you know have interest in purchasing one of the units at E11EVEN Hotel & Residences, or any information on the cryptocurrency process, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

5-Star Dining at E11EVEN Hotel & Residences
Lounge at E11EVEN Hotel & Residences
Poolside at E11EVEN Hotel & Residences
Pool and Lounge view at E11EVEN Hotel & Residences
Helipad at One Thousand Museum

An Elevated Event at One Thousand Museum

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Helipad at One Thousand Museum

Mayor Suarez does it again! First with his campaign to recruit big tech companies to relocate from Silicon Valley to Miami, and now he is hosting events with notables to display Miami as the new epicenter for everything tech and finance.

His most recent event was a collaboration with Barry’s (fitness brand), Keith Rabois (investor), and One Thousand Museum. This event named: ‘Miami:Elevated,’ took place on the helipad of One Thousand Museum with Barry’s personal trainers hosting a workout ‘700-feet in the air.’

The workouts consisted of a sport’s circuit with strength training and cardio. There was an initial donation fee to participate in the event.

Barry's Workout on the helipad at One Thousand Museum

The funds from this event are allocated for the Center for Black Innovation’s Accelerator Program. This program is an 8-week course is designed to assist entrepreneurs with direction for financial and personal success.

“What’s great about today is that we’re doing this…for the Center for Black Innovation which is the soul of our city,” “They are trying to create an equity of opportunity for all of our citizens. We want to give them an opportunity to enjoy the success. What’s amazing about the tech industry, is that they are some of the most thoughtful and most giving people I have met. They don’t just want to make great companies, they want to make a great city. And that’s what the city of Miami is, and how we will be different from every other city in America,” Mayor Suarez stated during the event.

Mayor Suarez truly wants to change Miami into one of the best places in America to work, live, and play. He is definitely on his way to creating an east coast big tech capital.

Attendees of note: Mayor Francis Suarez, Mayor of Miami; Keith Rabois, General Partner at Founders Fund; Pete Gilligan, Chief of Staff at Founder’s Fund; Lucy Guo, Co-Founder at Scale AI; Delian Asparouhov, Principal at Founders Fund; Chip Virnig, Partner at Thomabravo; Jeremy Wood, Founder of OpenStore; Zach Frankel, Co-founder at Better, Candid, BOD, Ramp, Redesign Health; Healey Cypher, Partner at Atomic VC; Mike Shebat, Senior Manager, Global Product at Uber; Traba, CEO & Founder; Demian Bellumio; Miami Tech Life Founder; Kingsley Advani, Founder of Allocations, Partner at 305 Ventures; Christine Aylward, Founder & Managing Partner of Magnetic; Jason Lovell, Founder of Motion; Nihaar Sinha, Founder & CEO of Maiya; Erick Gavin, Program Manager for CFBI; Kevin Venger, Co-Developer of One Thousand Museum; Matt Haggman, EVP at Beacon Council.

Photo credit: Ronin Creative

Article content credit: rbb Communications

The District in Downtown Miami

Renderings and Site Plan Released for Downtown Miami’s Newest Tower The District

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The District in Downtown Miami

Renderings, floor plans, and site plans have recently been released for Miami newest 37-story condominium tower called The District. In April, The Related Group and Parcel C LLC’s proposed and received approval for the project.

This tower is in pre-construction and is proposed to include 347 residential condos with 2,297 square feet of retail space. This project will not have any parking but the developer is requesting an off-site parking waiver.

Rising 393 plus feet tall, The District will be located at 233 N Miami Avenue in downtown Miami. The floor plans will be fully finished and furnished ranging from 446 square feet to 874 square feet with studio to 2 bedroom options.

Night View of The District

Building Information

Residence Amenities  

  • Smart home technology
  • Includes integrated audio, video window treatment and lighting systems
  • All residences come equipped with a contemporary lighting package, including recessed lighting, dimmers, and lighting control
  • Fully built-out closets in all residences
  • Built in top-of-the-line in-unit washer and dryer
  • Flooring selections included with specifications recommended by Meshberg Design
  • Pre-wired for high-speed communications and data connection
  • Kitchens feature custom Italian cabinetry curated by Meshberg Design
  • Smeg appliance package includes integrated paneled microwave, dishwasher, built-in convection oven and refrigerator/ freezer

Building Amenities

  • Rooftop Amenity Deck : Expansive resort-style rooftop amenity deck with plunge swim spa, fire pit, summer kitchen, and gorgeous views of Downtown Miami and Biscayne Bay. 
  • Basketball & Racquetball Courts :Full-height indoor basketball court and regulation-size racquetball court and Rock climbing wall.
  • Co-working Space :Co-working floor with multiple seating options, high-speed Internet, private meeting rooms, conference room and a full-service kitchen.
  • Fitness Center :State-of-the-art fully equipped fitness center including a private yoga/spinning room with virtual trainer and men’s/women’s sauna/ sauna and locker rooms. 
  • Museum-quality Art :Double-height lobby featuring professionally curated museum-quality art.
  • Monitoring Services :24/7 security services and controlled property access.
  • The District App :Customized password-protected app for home/away smart-home management.
  • Parking :24/7 valet services and self parking.
  • Dining :On-site café servicing the residences and recreation areas.
  • Electric bikes with charging stations are available for residents on the go. 
  • Housekeeping  :On-demand full housekeeping services available at your convenience.
  • Climatized receiving  and storage room
  • Resort Style pool deck with lounge and recreation room

Unit Distribution

Unit TypeFloorsSq.Ft RangeStarting Prices
Studios4th – 33rd458 Sq.Ft – 469 Sq.FtFrom $352,900
1 BD / 1 BA4th – 37th558 Sq.Ft. – 615 Sq.Ft.From $385,900
2 BD / 2 BA4th – 37th786 Sq.Ft. – 884 Sq.Ft.From $573,900

Deposits

  • 10% down with executed contract
  • 10% 60 days after executed contract
  • 10% at groundbreaking (scheduled end 2021)
  • 10% at top off (schedule 3rd quarter of 2022)
  • 60% at closing (scheduled 2nd quarter 2023)

Multiple waivers have been approved on April 9, 2021 but the construction permits have not been filed. Some of paperwork also includes transitioning some units in hotel room. The ground breaking is scheduled for the end of 2021 with estimated completion date of 2023.

Natiivo in Downtown Miami

Downtown Miami Introduces Gale Miami Hotel and Residences

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601 Miami in Downtown Miami Renderings

A 51-story tower located directly in the heart of Downtown Miami, is the first ‘CondoHospitality’ tower in Miami with open-concept designs and killer views of the Miami skyline and Biscayne Bay as well as world-class amenities.

This new construction tower will house Gale Miami Hotel & Residences; Miami’s first wellness building, licensed for short-term rentals. Gale will occupy 7 floors (17 through 23) which will include 140 luxury condo hotel units, where owners have the option of utilizing the onsite rental program.

Gale Miami Hotel and Residences

These units will be fully finished and furnished with square footage ranging from 389 SF – 900 SF with pricing starting at $300,000.

Residence Features:

  • Urban luxury residences with modern open layouts from
  • Studio, one, & two-bedroom units
  • All residences are delivered fully finished and furnished with fixtures and furniture curated by Urban Robot
  • Panoramic Biscayne Bay, and Miami skyline views
  • Private balconies with most units
  • Ceiling heights 9 feet
  • Owner’s closet in every residence
  • Floor-to-ceiling windows and impact-resistant glass throughout
  • Advanced technology Smart Building wiring for HD TV, multiple telephones
  • Data lines and ultra-high-speed internet access
  • Washer/Dryer in the units

Kitchen:

  • Imported European cabinets with premium hardware
  • European style appliance package including refrigerator, cook-top, microwave, and sink
  • Elegant stone countertops and backsplashes
  • Contemporary under-mounted sink
  • Gourmet faucet with integral sprayer

Master Bathroom:

  • Imported European cabinets with premium hardware and drawer pull
  • Elegant imported stone countertops and backsplashes
  • Rectangular trough porcelain sinks with dual faucets
  • Custom-finished floors and walls in wet areas
  • Frameless glass shower enclosures
  • Premium European-style fixtures and accessories

Gale residents will have access to all of the amenities that 601 Miami has to offer including the social club, meeting spaces, coffee and juice bar, and media lounge.

Work Amenities:

  • Co-working spaces
  • Private offices
  • Flexible office arrangements
  • Video-capable conference rooms
  • Quiet rooms
  • Phone booths
  • Cutting-edge technology and connectivity
  • Office host
  • Coffee and juice bar
  • Amphitheater
  • Meeting/presentation rooms

Social Amenities:

  • Specialty restaurant and bar
  • Dining terrace
  • Social area with full-service cafe and cocktail bar
  • Drink and dine lounge areas
  • Media lounge
  • Live show and events lounge
  • The porch
  • Speakeasy
  • DJ and live performances
  • Programmed events
Splash Pad at 601 Miami Residences

The ‘Splash on 9th’ boasts 16,000 square feet of poolside bliss featuring a resort-style pool and cabanas.

Splash Amenities:

  • Sun deck
  • Poolside beverage and food service
  • Native tropical landscaping
  • Cabana bar
  • Pool towel services

‘The Fit on 10th’ features 16,000 square feet of health and fitness options.

Fit Amenities:

  • Juice bar
  • Yoga and pilates studio
  • Boxing ring with punching bags
  • Peloton equipment
  • Weight station
  • Cross-training/Crossfit
  • Spa/treatment rooms
  • Sauna/steam rooms
  • Locker rooms
  • Outdoor terrace/training
  • The Fit Boutique

Residents will also be able to enjoy 601 Miami’s 24-hour concierge, valet parking, and security.

Gale Miami Hotel and Residences will be the third property in the Gale Brand. The first hotel debuted in 2012 in Miami Beach, and the second one was Gale Hotel and Residences in Fort Lauderdale Beach.

The construction for Gale Miami Hotel and Residences has already started and the grand opening is anticipated to be in the fall of 2023.

Victor Oladipo Buys Miami Beach Home

Miami Heat Guard Victor Oladipo Buys Miami Beach Mansion for $7.75 Million

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Victor Oladipo Buys Miami Beach Home

A two-time Miami Heat All Star, Victor Oladipo recently purchased a Miami Beach mansion for $7.75 million with an original list price of $7.9 million.

The immaculate home located in a gated community on Hibiscus Drive features 6,900 square-feet of living space on 0.33 acres. Developed by Hassan Jalali of H2 Construction, this home was originally a spec home when it was first built in 2019.

This mansion features 7 bedrooms, 7.5 bathrooms, pool, and a pool house. According to the listing agent, the home is one of the largest non-waterfront homes in Miami Beach. It doesn’t take away from the gorgeous views of the wrap around pool with unique water features.

Victor Oladipo Miami Beach

The main floor features an open floor plan with a chef’s kitchen, formal dining room, and maid’s corner. The second floor is especially unique with two master suites and three en suite bedrooms.

Victor Oladipo played college basketball for the Indian Hoosiers where he was named Sporting News ‘Men’s college Basketball Player of the Year’, Co-‘NABC Defensive Player of the Year’, and a first-team ‘All-American’. In the 2013 NBA Draft, he was the 2nd overall pick by the Orlando Magic and was named NBA All-Rookie first team. Oladipo has also played for the the Oklahoma City Thunder and the Indiana Pacers.

Modera Biscayne Bay Tower

Modera Biscayne Bay Tower Tops Off – Preleasing Begins May 2021

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Modera Biscayne Bay Tower Tops Off

Modera Biscayne Bay recently toped off on the 28-story tower located at 2150 N Bayshore Drive in Edgewater. This luxury mixed-use residential tower features 296 apartments for rent, 11,000 square feet of retail space, and an 8-story parking garage with 425 spaces. This tower was originally occupied by Unity on the Bay Church before demolition.

Building Information:

Modera Biscayne Bay Tower View from Biscayne Bay

Building Amenities:

  • 27th-floor amenity deck
  • Rooftop pool
  • Barbecue area
  • Club-quality fitness studio
  • Yoga and Pilates studio
  • Clubhouse
  • Internet/business lounge
  • Conference room
  • Coffee Bar
  • Pet Spa
  • Catering kitchen for entertainment
Modera Biscayne Bay Aerial View

Leases Include:

  • Digital package lockers
  • Additional storage areas
  • Bike storage
  • 8 stories of structured parking
Modera Biscayne Bay Preleasing in May 2021

Resident Amenities:

  • 1, 2, and 3 bedroom apartments (den and penthouse options available)
  • Energy Star® stainless steel appliances
  • Quartz countertops
  • Tile flooring
  • Upgraded fixtures
  • Tile backsplashes
  • In-home washers and dryers
  • Walk-in closets
  • Programmable thermostats
  • Private patios or balconies
  • Select units feature:
    • 15-foot ceilings
    • Breakfast bars
    • Double vanities
    • Linen closets
    • Built-in storage/shelving.

As construction continues with the last phase, Modera Biscayne Bay will begin pre-leasing in May 2021.

Modera Biscayne Bay Garage View