Zaha Hadid’s Former Condo Sells Again at $6 Million

W South Beach Miami-Zaha Hadid
W South Beach Miami-Zaha Hadid

World-renowned architect Zaha Hadid’s former W South Beach condo was just sold, AGAIN at $6 million.

Data reveals M. Reada “Ray” Bassiouni was the seller of the combined units 726, 728, and 730 at 2201 Collins Avenue, which was acquired by Thomas Robert and his wife Ann Chan, the owner of the security firm ATI Systems in Boston is Bassiouni. In Ponte Vedra Beach, Robert is the owner of GC Land Development LLC.

Records show that Bassiouni paid $5.8 million for the condo in 2018. The combined units feature 2,541 square feet of living space with three bedrooms and four bathrooms.

Since asking $8 million for the condo in March 2021, Bassiouni has intermittently offered it on the market. According to the Multiple Listing Service, the unit only brought in roughly $500,000 more than its previous asking price of $6.5 million.

Hadid designed the makeover herself after purchasing the apartments for $4.2 million in separate purchases over a five-year period. The Riverside Museum in Glasgow, the London Aquatics Centre for the 2012 Olympics, and Galaxy SOHO in Beijing were all designed by the Pritzker Prize-winning architect. When she passed away in Miami Beach in 2016, she was supervising the development of the Miami apartment complex One Thousand Museum that she had designed.

W South Beach is a luxury, oceanfront condo-hotel development located at 2201 Collins Avenue in Miami Beach, Florida. Built in 2009, W South Beach was developed by Tri Star Capital, Related Urban Development, and Starwood Properties.

With 300 feet of water frontage, W South Beach is considered to be one of South Beach’s finest residential developments. The W South Beach building was designed by award-winning architecture firm Nichols, Brosch, and Sandoval with interior design work by Yabu Pushelberg.

W South Beach rises 20 floors and includes 511 condo-hotel units comprised of studios, one-, two-, three-, and four-bedroom options plus penthouses.

$30M+ Sold at One Thousand Museum During Art Basel Week; $90M Inventory Loan Paid Off

One Thousand Museum
One Thousand Museum

In the wake of Art Basel Miami Beach, One Thousand Museum is reporting a major increase in sales as well as paying off its inventory loan.

With buyers from all over the globe and the attendance for Art Basel reaching over 60,000, it is of no surprise that sales for One Thousand Museum would increase.

According to the co-developer of One Thousand Museum, Kevin Venger, “As a testament of the recent success leading to the loan payoff, during Art Week alone, our sales team inked two large sales totaling more than $30 million.”

Another major milestone was the $90 million inventory loan that was secured in March 2021. According to the developers, that loan is officially paid off. Louis Birdman, another co-developer states, “Satisfying our $90M loan in eight months comes during a buying frenzy and Miami’s high season, which we expect to take One Thousand Museum to sellout quickly.”

The late Pritzker-winning architect Zaha Hadid built One Thousand Museum, which was developed by Louis Birdman, Gregg Covin, Kevin Venger, and Regalia Group.

One Thousand Museum is South Florida’s first residential complex with its own rooftop helipad, allowing residents to quickly travel to adjacent islands, private and commercial airports, and private boats.

One Thousand Museum Amenities

  • A spacious fitness center with state-of-the-art strength and cardio training equipment
  • Spa with private treatment rooms, steam and sauna rooms, plunge pools, and relaxation lounge
  • Multimedia theater for private movie screenings, lectures, and presentations
  • Sun & Swim Terrace with pools, lounge chairs, cabanas, and poolside towel service
  • Aquatic Center with indoor, infinity-edge pool
  • Private dining room
  • Triple-height event space overlooking Biscayne Bay
  • Private rooftop helipad
  • Specialized security and valet personnel
  • Full-service concierge
  • Bank-quality vault with individual safe deposit box for every residence

One Thousand Museum Residence Features

  • Custom Italian cabinetry by Poliform
  • Fine quartz countertops by Silestone
  • Induction cooktop, oven, steam oven, microwave, dishwasher, and integrated coffee maker by Gaggenau
  • Refrigerator by Sub-Zero
  • Faucets and fixtures by Dornbracht, Duravit, and MTI
  • Interior doors by Lualdi Porte with door handles designed by Zaha Hadid
  • Custom-designed, Italian-made walk-in closets
  • Extensive state-of-the-art home automation by Crestron, allowing residents to control a range of in-residence applications including lighting, heating, air conditioning, audio, video, window treatments, and security
  • Oversized terraces
  • East-to-west flow-through floor plans

These one-of-a-kind and magnificent condos range in price from $4.95 million to $20 million, and due to the demand of the luxury condo market, availability is restricted.

There are currently 3 furnished developer models left. 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 lucas@miamicondoinvestments.com or by phone at 786-247-6332.

Nicky Jam Purchases a One Thousand Museum Luxury Condo for $6 Million

Nicky Jam
One Thousand Museum Unit 1602
Photo Credit: Darin Feldman

Nick Rivera Caminero, also known as Nicky Jam is an American singer, actor, songwriter, and rapper. He is best known for hits “Travesura,” “Te Busco,” “El Amante,’ and ‘En la Cama.”

He is especially known for his fast-paced reggaeton compositions mixed with his romantic lyrics. He has collaborated with many well-known artists including Daddy Yankee, Ozuna, Plan B, and Anuel AA. Nicky has also won 20 Billboard Latin Music Awards and 1 Latin Grammy Award.

More recently, Nicky has made Miami home, with the purchase of a luxury condo at One Thousand Museum in the Park West subdivision of Miami for $6 million. The unit features 4,600 square feet of living space with 4 bedrooms, 5.5 bathrooms, and staff quarters. This specific unit stretches over a half-floor

This incredible unit boasts all of the finest finishes including Sub-Zero, Duravit, Apure lighting, Gaggenau, Dornbracht, and Crestron. Nicky will enjoy stunning Biscayne Bay, park, and Miami skyline views from all areas of the unit.

Miami-Dade country records show the property was sold by Green House Domestic Holdings Four LLC., managed by Humberto C. Bethencourt. Bethencourt is listed as the President of R&A Consulting & Investments, Inc. The property was last sold in 2019 for $4.54 million.

One Thousand Museum was designed by the late Pritzker-winning architect Zaha Hadid and developed by Louis Birdman, Gregg Covin, Kevin Venger, and Regalia Group.

One Thousand Museum is the first residential development in South Florida to have its own rooftop helipad, making it possible for residents to travel to nearby islands, private and commercial airports, and private yachts at a moment’s notice.

One Thousand Museum Amenities

  • Spacious fitness center with state-of-the-art strength and cardio training equipment
  • Spa with private treatment rooms, steam and sauna rooms, plunge pools, and relaxation lounge
  • Multimedia theater for private movie screenings, lectures, and presentations
  • Sun & Swim Terrace with pools, lounge chairs, cabanas, and poolside towel service
  • Aquatic Center with indoor, infinity-edge pool
  • Private dining room
  • Triple-height event space overlooking Biscayne Bay
  • Private rooftop helipad
  • Specialized security and valet personnel
  • Full-service concierge
  • Bank-quality vault with individual safe deposit box for every residence

One Thousand Museum Residence Features

  • Custom Italian cabinetry by Poliform
  • Fine quartz countertops by Silestone
  • Induction cooktop, oven, steam oven, microwave, dishwasher, and integrated coffee maker by Gaggenau
  • Refrigerator by Sub-Zero
  • Faucets and fixtures by Dornbracht, Duravit, and MTI
  • Interior doors by Lualdi Porte with door handles designed by Zaha Hadid
  • Custom-designed, Italian-made walk-in closets
  • Extensive state-of-the-art home automation by Crestron, allowing residents to control a range of in-residence applications including lighting, heating, air conditioning, audio, video, window treatments, and security
  • Oversized terraces
  • East-to-west flow-through floor plans

Current notables that live at One Thousand Museum include David and Victoria Beckham and David Grutman.

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 lucas@miamicondoinvestments.com or by phone at 786-247-6332.

Interior at One Thousand Museum
Photo Credit: Darin Feldman
Master Bathroom View of One Thousand Museum Unit 1602
Photo Credit: Darin Feldman
Views from One Thousand Museum
Photo Credit: Darin Feldman