Miami Beach commissioners have officially voted in favor of finalizing the proposed deal with Crescent Heights and its co-founder Russell Galbut to redevelop the former South Shore Hospital site on Alton Road in South Beach.
You can now become DJ Khaled’s neighbor on Pine Tree Drive for $13.75 million. The classic estate located at 4745 Pine Tree Drive in Miami Beach has not shortage of celebrity neighbors including Floyd Mayweather & DJ Khaled, who just recently purchased a house a few doors down.
Eighty Seven Park by Renzo Piano Building Workshop has revealed its penthouse in record breaking fashion. Priced at $68 million, the penthouse is unlike any other property on the market and is 2018’s most expensive home in Miami.
Miami Beach has struck a deal with Crescent Heights co-founder Russell Galbut to bring a 3 acre park to Alton Road in exchange to allow Galbut to up-zone the old South Shore hospital site in South Beach.
Miami Beach’s newest, ultra-luxurious mega-mansion has been unveiled by EWM Realty International top-producer and Senior Vice President Nelson Gonzalez. The newly-completed modern masterpiece has been designed to offer the ultimate in waterfront living and year-round entertainment.
Barry Sternlicht’s Starwood Capital Group has proposed a 6-story office building designed by Gensler on Collins Avenue in Miami Beach. The proposal calls for 136,342 SF of Class A Office Space and 8,088 SF of retail as well as 305 parking spots.
DJ Khaled spent the day in this luxurious mansion in Magic City. Khaled relaxed in a $34.5 million waterfront Miami Beach mansion on Ritzy Hibiscus Island featuring 5 bedrooms, a home theatre and dock fit for a yacht (or a fleet of jet skis).
320 S Hibiscus has sold for 11.6 million after the former owners donated the luxurious property to Mt. Sinai Medical Center. Douglas Elliman agents Eloy Carmenate and Mick Duchon agreed to a very reduced commission to represent the sale and all proceeds and most commissions earned will be donated to the hospital.
Residents of San Marco and Biscayne Islands are circulating a petition to move the islands outside of the jurisdiction of the city of Miami and into Miami Beach. The two artificial islands are located on the westernmost side along the Venetian Causeway, between South Beach and Downtown.
A new record breaking sale has just closed at 1 Hotel and Homes South Beach as PH-1609 has sold for $11,500,000, or $3,233 SF. The price reflects a new record price per square foot for 1 Hotel and Homes South Beach and is the second highest price per square foot sale in Miami Beach in nearly 3 years.
Pritzker-Prize winning architect Zaha Hadid’s personal Miami Beach condo located in the W South Beach has finally sold for $5.75 million. The oceanfront residence had originally been listed for $10 million unfurnished and was personally designed by the late Zaha Hadid herself, who is renowned for her innovative and geometrically appealing designs.
The Eurostars Vintro Hotel, located at 2216 Park Avenue in South Beach has sold in an off market deal for $20 million to Henley USA. The deal equates to roughly $400,000 per key for the 50-room hotel, which was previously owned by Encotel, LLC.
Nicky Jam, the Billboard and Latin Grammy award winning reggaetón singer, has officially purchased a home in Miami Beach’s Palm Island for $3.4 million. The sale was represented by Chad Carroll of Douglas Elliman.
Hidden in one of Miami’s most prestigious gated communities, 2345 Lake Avenue will immediately enchant you with its abundance of tropical foliage and old-school class. The 19,281-square-foot waterfront mansion is located on Sunset Island III and was once owned by former professional tennis player, Anna Kournikova.
Miami Beach is home to some of the most progressive, contemporary architecture and this masterpiece by Marcio Kogan and Studio MK-27 delivers. Developed by Barry Brodsky of Brodson Construction, the ultra-luxe mansion features raw style including concrete, stone and wood, complete with a 200'-long teak and concrete pedestrian bridge.
Skinner House, a 1934 Art Deco estate by legendary architect duo John and Coulton Skinner, is on the market for the first time since the art deco masterpiece has been masterfully restored and modernized.
The 3-year, $620 million renovation of the Miami Beach Convention Center is powering towards completion. The redesign, which features 500 aluminum fins which are influenced by ocean waves, was designed by Fentress Architects, Arquitectonica and West 8.
Douglas Elliman and JDS Development hosted an in-depth panel discussion on July 26 exploring both developing and selling Monad Terrace as well as reviewing Miami Beach's current real estate market. The panel gave listeners insight from industry titans Jay Parker, CEO of Douglas Elliman Florida and Michael Stern, founder and Managing Partner of JDS Development.
A stunning waterfront estate designed by DOMO Architecture + Design and located on the ultra-luxe Pine Tree Drive at 4395 Pine Tree Drive, has sold for $19.25 million. The estate, which was built in 2015, is designed to fuse indoor and outdoor living with disappearing, sliding glass pocket doors.
According to new reports Crescent Heights has finally struck a deal with the city of Miami Beach to redevelop the former South Shore Hospital site, the three-block lot between Alton and West Avenue from 5th to 7th streets, into a 42-story tower.
The Miami office of global architecture and design firm, Perkins+Will, has announced the opening of the recently completed Baptist Health facility at 709 Alton Road. The four-story outpatient care center was developed by Crescent Heights and features 120,000 SF of total development.
Miami is never short of real estate drama, but what happened yesterday in Miami Beach is a true rarity as the shell of the former Marlborough House, located at 5775 Collins Avenue has come crashing to the ground. The accidental collapse shut down a large portion of Collins Avenue and has left a project manager hospitalized in critical condition.
Douglas Elliman has released their Q2 Market Reports for South Florida, produced in conjunction with Miller Samuel, a leading independent appraisal firm. Despite the constant rumblings of a bubble or a crash, the South Florida market continued to show strength and prices continuing to push higher in both the luxury and overall markets across nearly all markets
Fashion designer Anthony Thomas Melillo of the clothing brand ATM, has listed his Miami Beach condo for $625,000. The condo is located in Montclair Lofts, which is walking distance from Lincoln Road, and features custom design and minimalistic décor.