Master Brokers Forum: Master Brokers Forum member Eloy Carmenate presents this extraordinary L'Atelier penthouse; the oceanfront boutique building’s crown jewel, exclusively designed by Holly Hunt and encompassing the 17th and 18th floors
Read MoreThe Penthouse at The Holly Hunt-Designed L'Atelier Residences Sells For $21 Million
The penthouse at L’Atelier Residences on Miami Beach as sold for $21 million. The buyer is KAYAK cofounder Steve Hafner who was able to lock down the spread that was originally asking $33 million off-market and later $25 million when first publicly listed. The sale price equates to $1,721 SF.
Read MoreL'Atelier Residences
A new glass condo building will be coming to 6901 Collins Ave. thanks to a joint effort by three development groups. Given the moniker L'Atelier Residences, the all-glass building will rise 18 stories above Miami Beach. SMG Management, Shamrock Holdings and W Capital Group had a groundbreaking ceremony last week as construction commenced with an expected opening of 2017.
L'Atelier will replace the Golden Sands Hotel, but will still preserve the hotels historical 3-story facade and incorporate it as part of the new building's design. The building will feature 22 residences in 3 and 4 bedroom formats and will range from 2,300 SF to 4,600 SF. Entry level units starting at $3.6 million with an 8,000 SF penthouse priced at $25 million. Each unit includes massive balconies, outdoor jacuzzi and Poliform kitchens with Gaggenau appliances. Sales started in February 2015. The building will feature amenities by HOLLY HUNT and Enzo Enea including a private beach area with attendants, infinity swimming pool, upper deck lap pool, 24 hour valet, Spa and state-of-the-art gym. This exciting building is sure to shake up the aging area between lower Miami Beach and Bal Harbor.