The St. Regis Bal Harbour Resort has introduced its first dedicated steakhouse, BH Prime, marking a significant addition to the resort’s dining portfolio. The new restaurant replaces the former BH Burger Bar, transforming the space into a refined, dinner-focused venue that caters to both hotel guests and local patrons. With a design rooted in warm wood, leather, and subtle contemporary touches, BH Prime offers a sophisticated yet approachable atmosphere in line with the resort’s Forbes Five-Star and AAA Five Diamond status.
Real estate developers Related Group, Rockpoint and Two Roads Development have revealed the ultra-luxury penthouse collection at Rivage Residences Bal Harbour, the first new residential development in over a decade in the exclusive Bal Harbour enclave of Miami Beach.
Related Group (Related), Rockpoint, and Two Roads Development have closed on $424 million in financing for the construction of Rivage Residences Bal Harbour (Rivage). The loan was provided by TYKO Capital, a multi-billion-dollar commercial real estate investment management platform led by Adi Chugh.
Whitman Family Development, the family-owned company that pioneered the concept of an open-air retail destination with the creation of Bal Harbour Shops, has submitted plans for a mixed-use development that will further enhance the 18-acre property with the addition of attainable and market-rate residences and a boutique hotel in the heart of the commercial district of the Village of Bal Harbour, Florida.
Arte Surfside, the ultra-luxury 12-story oceanfront luxury condominium at 8955 Collins Avenue, has officially sold-out for near-$225 million following the closing of Residence 201, its last remaining listing, for $17 million in as-is condition. The six bedroom home spanning 6,975 square feet of interior space and 1,488 of terrace space was designed by master Italian architect Antonio Citterio and sold unfurnished.
A crown jewel penthouse at Oceana Bal Harbour complete with upscale interiors including cloud chairs, bubble art, vaulted cellars, a silver egg and more, has hit the market for $25 million. This two-story upper penthouse on the 28th floor presents a rare opportunity to own the pinnacle residence at one of Bal Harbour’s most sought-after addresses, with breathtaking water and skyline views.
Linéaire Group has revealed Surf Row Residences, a collection of eight private beach homes set to rise in Surfside. Inspired by Surfside’s rich heritage and natural beauty, Surf Row Residences aims to introduce the next level of urban beach living. Envisioned by award-winning architectural firm Rene Gonzalez Architects (RGA), known for their site-specific design and architecture, the ultra-luxury residential development is set to become a landmark in Surfside.
Master Brokers Forum member Joelle Oiknine presents this magnificent condo with 180-degree views of the bright blue ocean from every corner. This 3 bedroom, 3.5 bathroom residence is the premier, sought-after line in the three St. Regis Towers, with a private elevator not accessible to hotel guests.
The Dubai-based DAMAC Properties, who was revealed as the she stalking horse bidder for the site of the former Champlain Towers South in Surfside, Florida which tragically collapsed in June 2021, has closed on the site for $120 million. DAMAC Properties, led by billionaire developer Hussain Sajwani, is planning to develop a Cavalli branded condo project on the site.
La Baia, Bay Harbor Islands, the new luxury boutique bayfront condominium and private marina by New York visionary and developer Ian Bruce Eichner, CEO of The Continuum Company, LLC, has broken ground. The Continuum Company hosted a groundbreaking ceremony with Suffolk Construction on April 13, the appointed general contractor of the condominium, and La Baia’s exclusive sales brokerage Pgutman LLC headed by Phil Gutman
Only one residence remains at Arte Surfside following $20 million of sales in January. Arte Surfside is a newly developed 12-story, 16-unit oceanfront luxury condominium at 8955 Collins Avenue. The final developer unit at Arte is Residence 201, a six-bedroom condo featuring panoramic views and expansive interiors.
La Baia, Bay Harbor Islands, is now over 65% reserved in less than 120 days since launching sales for the boutique bayfront condominium and private marina. The project is being developed by Ian Bruce Eichner who developed Continuum South Beach in the prestigious South of Fifth neighborhood a decade ago.
The Bay Harbor Islands have been one of Miami’s hottest neighborhoods over the past several months and this newly custom-designed turnkey waterfront condo asking $1.89 million immerses you in the islands’ tranquility with breathtaking views and is just a short walk to the beach.
Veteran Miami developers Ugo Colombo of CMC Group and Valerio Morabito of Morabito Properties have broken ground on Onda, a new boutique luxury condominium in Miami’s exclusive Bay Harbor Islands neighborhood which is designed by world-renowned architect Bernardo Fort-Brescia of Arquitectonica.
Finvarb Group, led by Ronny Finvarb, has acquired The Landon Bay Harbor Hotel for $10 million, roughly $219,000 per key. The seller was BHI Hotel who acquired the property in 2007 for $3.9 million. The property was listed with David Cohen and Arthur Porosoff with Compass as well as David Greenberg with Marcus & Millichap.
PROFILEmiami caught up with Valerio Morabito, CEO of Morabito Properties, to discuss his newest joint venture condo development with Ugo Colombo’s CMC Group, Onda Residences in Miami’s Bay Harbor Islands. Designed by world-renowned architect Bernardo Fort-Brescia of Arquitectonica, the 8-story boutique building’s waterfront location will boast more than 300 feet of bay frontage.
Pura Vida has announced the highly-anticipated opening of its eighth all-day café and locals beloved wellness hotspot, opening this October in the vibrant coastal town of Bay Harbor. Since the brand’s inception in Miami Beach in 2012, Jennifer and Omer Horev, have been steadily expanding the Pura Vida name.
Visionary New York developer Ian Bruce Eichner, who developed the Continuum South Beach, has launched sales at La Baia in Bay Harbor Islands. The boutique bayfront condominium will feature its own private marina. A boutique, eight story structure, La Baia, Bay Harbor Islands will feature 68 luxurious residences with 20-boat slips and more than 30,000 SF of resort-style amenities.
The stalking horse bidder for the site of the former Champlain Towers South in Surfside, Florida which tragically collapsed in June 2021 has been revealed as the Dubai-based DAMAC Properties, led by billionaire developer Hussain Sajwani.
Pursuant to the direction of the Honorable Judge Michael A. Hanzman and the court appointed receiver Michael Goldberg, Avison Young, led by Michael T. Fay, has officially launched the marketing process for the sale of the Champlain Towers South site in Surfside, Florida.
ONE Sotheby’s International Realty has acquired the Surfside-based Harding Realty. The acquisition expands the firm’s ability to service the Surfside, Bal Harbour and Bay Harbor Islands market and includes the addition of the company’s iconic office on Harding Avenue.
Real estate records continue to be set all across Miami. The co-founder of venture capital and private equity firm Dreampact Ventures Fued Sadala has acquired 9814 West Broadview Drive in the Bay Harbor Islands for $12 million, a record for a waterfront sale in the neighborhood.
A two-story penthouse at Onda, a new boutique luxury condominium planned for Miami’s exclusive Bay Harbor Islands neighborhood, has sold for $9.5 million dollars to a buyer from Louisville, Kentucky. The 8-story development is being developed by a joint venture between CMC Group and Morabito Properties
CMC Group and Morabito Properties, the developers behind Miami’s newest luxury condominium development, Onda Residences, have announced the official opening of a new state-of-the-art waterfront sales gallery in Bay Harbor Islands.
Around 1:30 AM on June 24, 2021 the 12-story Champlain Towers South Condo, located at 8777 Collins Ave. in Surfside, FL collapsed, leaving 4 dead and 159 reported missing as of 11 A.M. on June 25, 2021. At least 35 people have been rescued from being trapped in the building and rescue operations are underway.
The former site of the Bal Harbour Yacht Club has sold for a county record of $54.931 million after hitting the market in March for $65 million. The transaction was overseen by Tony Imbesi of Douglas Elliman who represented the seller, and Dina Goldentayer of Douglas Elliman who represented the buyer.
Ousted WeWork Co-Founder Adam Neumann has acquired two home sites on the Bal Harbour Marina for $44 million. Neuman recently sold his estate in Northern California for $22.4 million and joined the influx of wealthy investors moving to South Florida.
ARTE by Antonio Citterio, the exclusive boutique condominium which recently opened in Miami’s Surfside neighborhood, has sold its lower penthouse for $22.5 million in cryptocurrency. The deal makes the first cryptocurrency real estate transaction for a new development in Miami.
Ian Bruce Eichner, developer of the Continuum South Beach, an iconic luxury condo tower in Miami Beach’s exclusive South of Fifth neighborhood, is back in South Florida with a new project involving two of the last large-scale vacant land parcels remaining in Bay Harbor Islands, Florida.
ARTE, a new oceanfront luxury condominium developed by Alex Sapir and Giovanni Fasciano, have announced the record-breaking sale of its triplex penthouse for $33 million. The all-cash transaction is Miami Beach’s third most expensive penthouse sale in the last seven years, and represents the highest price per square foot ever recorded in the city’s exclusive Surfside neighborhood.
