2035 Meridian Ave.
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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Four Seasons Private Residences Fort Lauderdale, the first five-star development to debut in the nation’s yachting capital, has commenced closings. The first residences have closed at an average of $2,000 per square foot, an unprecedented price for the Fort Lauderdale condominium market.
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Fortune International Group and Oak Capital have revealed new Piero Lissoni-designed interior and new exterior renderings of The Ritz-Carlton Residences, Pompano Beach. The Ritz-Carlton Residences, Pompano Beach will be first luxury address in Pompano Beach and will offer 205 residences and over 35,000 SF of resort-style amenities.
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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.
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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.
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Related Group and Alta Developers have officially launched sales at Casa Bella by B&B Italia. The project was launched roughly a month ago through predominantly a whisper campaign and has already achieved 20% sold with reservations of $80 million.
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Newgard Development Group’s LOFTY Brickelll which offers a flexible home-sharing condo ownership concept has hit 50% sold. The developer plans to open the sales lounge in mid-February. LOFTY Brickell will deliver fully finished and furnished turn-key, residences purposefully designed and licensed to be lived and shared via short-term rentals.
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Bentley Motors, in collaboration with Dezer Development, are set to launch the sales gallery for Bentley Residences Miami, the latest luxury condominium tower headed for Sunny Isles Beach and the first Bentley-branded residential tower in the world.
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PMG, along with partners Greybrook Realty Partners, Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT) have announced that Waldorf Astoria Miami has sold 72% of its residential inventory in 9 months since launching sales.
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ONE Sotheby’s International Realty has launched the ‘The New Luxury’ Podcast Series. The leading luxury brokerage along Florida’s East Coast created the podcast to give their sales agents valuable insights, strategies and ideas through informative and inspiring discussions.
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