A waterfront spec home on Normandy Isles has sold for $15.5 million, setting a record for the priciest home sale ever in Normandy Isle. Located at 2608 Biarritz Dr, Miami Beach, the seller was represented by Nelson Gonzalez with BHHS EWM Realty, while the undisclosed buyer was represented by Andre Duek, Carolina Lara & Camila Paiva with ONE Sotheby's International Realty.
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Slab Poured At Kings Logistics Center 664,176 SF Class A Industrial Project Servicing Lakeland To Miami
USAA Real Estate and Seefried Industrial Properties have completed site work and started to pour the slab and walls at Kings Logistics Center, one of the largest speculative industrial developments with available space in the South Florida market. The 664,176-square-foot Class A industrial park is located just off Interstate 95 at Orange Avenue/SR-68 in Fort Pierce, Florida.
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Alchemy-ABR Investment Partners Close On Wynwood Development Site For $18 Million
Alchemy-ABR Investment Partners, a fully integrated New York based real estate development and investment firm, have closed on a development site at 18 NW 23rd Street in Wynwood for $18 million. The property spans 36,079 SF and the acquisition represents Alchemy's first residential project in Florida. Israel Discount Bank provided financing for Alchemy-ABR Investment Partners to purchase the vacant lot.
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Waldorf Astoria Hotel & Residences Miami Becomes First Supertall Tower to Break Ground In Miami
The first supertall tower to come to Miami has broken ground as the developers of Waldorf Astoria Hotel & Residences Miami have begun drilling and foundation work for the luxury mixed-use tower which is set to rise 1,049 feet in Downtown Miami. Waldorf Astoria Hotel & Residences Miami is being developed by PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT).
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Bilzin Sumberg Renews 85K SF Office Lease At 1450 Brickell In Miami's Financial District
Nearly 25 years since launching in the heart of Downtown Miami, preeminent law Firm Bilzin Sumberg is doubling down on its Florida growth strategy with a major office lease that will preserve the firm’s position as one of the major tenants at the 1450 Brickell office tower. The Firm has renewed its lease for nearly 84,000 square feet of space at the Class A building, representing one of the largest law firm footprints in Miami’s urban core.
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Ytech Reveals Antonio Citterio Patricia Viel-Designed 70-Story Partially Solar Powered Condo Tower 'The Residences at 1428 Brickell'
1428 Brickell, LLC, a subsidiary of Miami-based real estate development firm Ytech, has revealed The Residences at 1428 Brickell, a 70-story iconic centerpiece of the quintessential Miami skyline, located at one of the most prestigious addresses on Miami's Brickell Avenue. The building will be the first ever high-rise residential tower using solar energy and is designed by architecture and interior design firm ACPV ARCHITECTS and international architecture firm Arquitectonica.
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IDEA Architects-Designed Tal Aventura Receives Conditional Use Approval
Tal Aventura, a highly anticipated boutique residential building located waterside in the heart of Aventura, has received conditional use approval to progress with a 26-story, 86-residence tower. Developers 2151 Development Group and 2020 Acquisitions have tapped Miami-based IDEA Architects to design the luxury, family-focused condominium, with the majority of residences ranging from 2,500 to 3,500 square feet plus expansive lanai.
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MG Developer and Baron Property Group Secure $148 Million Construction Loan From Post Road Group For Metro Parc
MG Developer and Baron Property Group, in partnership with Township Capital, have secured a $148 million construction loan from Post Road Group for Metro Parc, a 10-story, two-tower apartment rental property located at 955 East 25th Street and 980 East 26th Street in Hialeah, Florida. Metro Parc is a 2.5-acre residential mixed-use development that will rise 10-stories and deliver 559 rental apartments ranging from 500 to 800 square feet.
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The Continuum Company Launches La Baia North in Bay Harbor Islands
The Continuum Company has officially launched sales for La Baia North, a new luxury, boutique bayfront condominium in Miami’s exclusive Bay Harbor Islands. This project marks the latest in Miami for New York visionary and developer Ian Bruce Eichner, who is well known for developing the Continuum South Beach. The new luxury waterfront development will offer 57 expansive 2-to-4 bedroom residences, spanning between 1,400 to 2,100 SF.
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SCAROFA Properties Breaks Ground On Luxury Residential Townhome Community In Pinecrest
SCAROFA Properties, a third-generation family business, has begun construction on Pine Park Villas, a luxury townhome enclave in the Village of Pinecrest featuring a limited collection of 18 residences. The private community is the unique vision of Stephane Rosarion, principal of Miami-based SCAROFA Properties, which is developing the $32 million project.
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