BGI Companies has officially launched sales at Alba Palm Beach, a new waterfront residential condominium development located directly on the Intracoastal Waterway. The development is a collection of 55 luxury residences spread throughout a 22-story tower, plus four two- and three-story townhomes.
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Morabito Properties Launches Leasing At Adaptive Reuse Wynwood Office Development Wyncatcher
As Wynwood continues its rise into one of Miami’s most desirable office submarkets, Morabito Properties is launching leasing at Wyncatcher, their adaptive reuse project converting an industrial building into a mixed use office development. JLL and Metro1 will lead leasing at the two story, 47,852 SF building situated at 2413 NW 1st Ave. in Wynwood.
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Master Brokers Forum Listing: Check Out This Ultra-Modern Waterfront Spec Home In Lighthouse Point Asking $21 Million
Master Brokers Forum member Asher Ouazanan presents this stunning, gated, waterfront masterpiece sited on 19,558 square feet of direct Intracoastal bliss. A two-story contemporary masterpiece with over 9,800 square feet of sleek and sophisticated indoor and outdoor living.
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Wynwood Annex Sells For $49 Million To New-To-Miami-Market San Francisco-Based Buyer
Wynwood Annex has sold for $49 million to a new-to-market San Francisco-based buyer Brick & Timber Collective. The transaction was overseen by DWTNWN Realty Advisors who represented both the buyer and the seller. The milestone transaction underscores a paradigm shift in rates and market fundamentals and sets a new bar for the Miami office market
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Sabal Development Sells Hibiscus Island Spec Home For $15 Million To Cosmetics CEO
A brand new waterfront spec home by Sabal Development at 165 North Hibiscus Drive on Miami Beach’s Hibiscus Island has sold for $15 million to the CEO of Farmasi North America. Marko Gojanovic of ONE Sotheby’s International Realty and Alejandro Diaz Bazan of Jills Zeder Group represented the buyer while Dora Puig with Luxe Living Realty represented the seller.
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Core Wynwood Development Site Sells For $11.5 Million
UOVO Storage Deluxe has acquired a core Wynwood development site at 330 NW 29th Street for $11.5 million from Red Group Estate. The buyer was represented by Jordan Karp and the seller was represented by Tony Arellano of DWNTWN Realty Advisors. 330 NW 29th Street is currently two fully occupied buildings leased as creative office space spanning 10,939 SF.
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LUXCOM Reveals 235-Unit Multifamily Development In Sunrise
LUXCOM has revealed plans for a 235-unit multifamily rental community in Sunrise. Located on the south and east sides of Sunrise's main crossroads of Oakland Park Boulevard and University Drive, the project will transform multiple abandoned and underutilized commercial parcels into a brand-new Class A multifamily garden-style development.
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Design 41 In Miami Design District Now Fully Leased After Swiss Watch Company Breitling Opens New Boutique
Design 41 in Miami Design District is now fully leased after Breitling signed a lease and opened a 1,832-square-foot boutique on the district’s prime Northeast 41st Street corridor. The 112 NE 41st St. store will showcase the latest watches modeled by Breitling’s “Spotlight Squad,” which includes Charlize Theron and Misty Copeland.
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Miami-Based Private Equity Firm Iconic Equities Launches With Industrial Development Site Acquisition
Iconic Equities, in partnership with Trinity Capital Advisors, has announced the closing of 239 Jedburg Road in Charleston, roughly 115 acres of land located in the Summerville submarket. The firms plan to develop approximately 780,000 square feet of Class A logistics warehouses.
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2035 Meridian Ave.
Luxury Home Builder Sabal Development Reports $130 Million In Sales For 2021
Sabal Development reported over $130 million in sales for 2021 amid a hot market for luxury single family homes and custom built homes. Sales in 2021 include a record-breaking sale at 135 Palm Avenue in Miami Beach for $29.5 million, a property in Pompano Beach at 2305 N. Riverside Drive for $6.45 million, and another in Hillsboro Beach at 1105 Hillsboro Mile for $13.5 million.
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