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New Construction Palm Island Spec-Mansion Sells For $32 Million Setting Record As Most Expensive Sale Ever On Palm Island

February 22, 2023

A recently completed tropical modern spec-mansion on Miami Beach’s exclusive Palm Island has sold for a record $32 million, ringing in as the most expensive sale ever on the island. The buyer was represented by David Pullman with The Waterfront Team at ONE Sotheby's International Realty, while the seller was represented by Lourdes Alatriste with Douglas Elliman.

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In Closed, Development, Development News, Development Sales, Luxury Homes, Luxury Real Estate, Miami Beach, News, News & Features, New Construction, Residential, Spec Home, South Beach Tags News & Features, News, Palm Island, Closed, Residential, Traded, Luxury Homes, Luxury Real Estate, Spec Home, South Beach, Palm Avenue, 158 Palm Ave., William Campbell, David Pullman, Ron Ozer, Lourdes Alatriste, Douglas Elliman, New Construction, February 2023
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PMG, Lion Development Group and Marc Roberts Companies Launch West Eleventh Residences In Collaboration With AirBNB

February 16, 2023

PMG, Michael Simkins’ Miami-based Lion Development Group, and Marc Roberts Companies have launched sales for West Eleventh Residences, their third luxury short-term rental tower in Downtown Miami’s hot Park West neighborhood now dubbed District 11. Located at 18 NW 11th Street, West Eleventh Residences will offer short-term rental flexibility and a first-time opportunity for owners to enjoy fully centralized management with the ability to host guests 365 days a year on Airbnb.

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In Development, Development News, Development Sales, Downtown, News, News & Features, Residential, Commercial Tags PMG Residential, PMG, Michael Simkins, Lion Development Group, Marc Roberts, February 2023, News, News & Features, Development News, Development, Development Sales, Residential, Commercial, featured, Featured, Ryan Shear, Park West, Downtown Miami, Downtown, District 11, West Eleventh Residences, E11EVEN, Short Term Rentals, AirBNB, Flexible Living
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Terra Launches Leasing For The Arquitectonica-Designed 'The Offices At THE WELL' in Miami's Bay Harbor Islands

February 9, 2023

One of Miami’s most in-demand neighborhoods is getting a welcomed dose of modern office space. The Offices at THE WELL is part of a new mixed-use development set to rise in Miami’s exclusive Bay Harbor Islands neighborhood, becoming the first high-end office building to launch in the community in decades. Developed by Terra, THE WELL Bay Harbor Islands development will include 98,420 SF of class AA office space and 54 luxury residences.

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In Bay Harbor Islands, Commercial, Development, Development News, Development Sales, Leasing, Leasing Update, News, News & Features, Office Space, Mixed Use Tags News & Features, News, February 2023, Office, Office Space, Class A Office Space, 1177 Kane Concourse, The Offices at THE WELL, Bay Harbor, Bay Harbor Islands, Commercial, Development News, Development, Mixed Use, featured, Featured
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ALTARA Properties Launches Sales Of Newly Completed Casa Azzura Luxury Townhomes In Coconut Grove

February 3, 2023

ALTARA Properties has launched sales of Casa Azzura Coconut Grove, a newly completed luxury tropical modern townhome development designed by renowned Venezuelan-architect Mario Bocaranda in Miami’s hot West Grove section of Coconut Grove. The new construction residences are available for purchase and are priced at $2 million per unit. Sales are overseen by ALTARA Properties which is led by PROFILEmiami co-founder Demetri Demascus.

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In Coconut Grove, Development, Development News, Development Sales, News, News & Features, Residential Tags ALTARA Properties, Casa Azzura, News, News & Features, Coconut Grove, Development News, Development, Development Sales, Residential, February 2023, Demetri Demascus, featured, Featured
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Cipriani Residences Miami Reveals Exclusive Sales Gallery Designed By 1508 London

February 2, 2023

On the heels of revealing the distinguished interiors by 1508 London, Cipriani Residences Miami, the brand’s first-ever ground-up residences in the nation, has officially opened its sales gallery in Brickell. This milestone will continue to showcase the effortless style, world-class service, and sense of history and tradition of the Cipriani brand and the strength of the vision conceived by the project’s developer, Mast Capital.

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In Brickell, Branded Residences, Development, Development News, Development Sales, Luxury Real Estate, News, News & Features, Residential, Sales Center Tags News & Features, News, February 2023, Development News, Development, Development Sales, Brickell, Residential, Luxury Real Estate, Cipriani, Cipriani Residences Miami, Branded Residences, featured, Featured, Mast Capital, Sales Center, 1508 London
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Twenty-Nine Indian Creek Launches Sales Of Luxury Residences In The Faena District

February 1, 2023

JMH Development, a full-service development firm, has launched sales for Twenty-Nine Indian Creek, a landmark residential project redefining luxury living in one of Miami Beach’s most sought-after neighborhoods. Set to rise at the nexus of Indian Creek Drive and Collins Avenue in the heart of the thriving Faena District, the boutique collection of only 11 private residences are meticulously crafted to deliver a bespoke lifestyle.

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In Development, Development News, Development Sales, Luxury Real Estate, Miami Beach, News, News & Features, Residential Tags News & Features, News, Development News, Development, Development Sales, Twenty-Nine Indian Creek, ONE Sotheby’s International Realty, ONE Sotheby's International Realty, Daniel De La Vega, JMH Development, Sebastian Velez, Urban Robot Associates, Residential, Luxury Real Estate, Featured, featured, Miami Beach, February 2023
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Arte Surfside Officially Sells Out At Nearly $225 Million As Penthouse Leased By Ivanka Trump And Jared Kushner Sells For $17 Million

January 30, 2023

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.

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In Bal Harbour/ Surfside, Celebrity Real Estate, Development, Development News, Development Sales, Luxury Homes, Luxury Real Estate, News, News & Features, Residential, Surfside Tags January 2023, Residential, News, News & Features, featured, Featured, Surfside, Bal Harbour/ Surfside, Luxury Condo, Luxury Homes, Luxury Real Estate, Development, Douglas Elliman Development Marketing, Development Sales, Development News, Sapir Corp LTD, Alex Sapir, Celebrity Real Estate, Antonio Citterio, Arte by Antonio Citterio, Ivanka Trump, Jared Kushner, Arte
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Witkoff and Monroe Capital Launch Shore Club Private Collection Designed By Robert A.M. Stern At Miami Beach's Historic Shore Club

January 23, 2023

For decades the Shore Club hotel has been an iconic presence on Miami Beach, a three-acre playground in the sand known all over the world. Now the Shore Club’s exciting future as a centerpiece of South Beach for the next century takes a major step forward with the launch of the Shore Club Private Collection, 49 residences designed by Robert A.M. Stern Architects.

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In Development, Development News, Development Sales, Hotels, Hospitality, Luxury Real Estate, Miami Beach, News, News & Features, Residential, South Beach Tags News & Features, News, January 2023, Development News, Development, Development Sales, Shore Club Hotel, Shore Club, Witkoff, Steve Witkoff, Shore Club Private Collection, Residential, Miami Beach, Featured, featured, Robert A.M. Stern Architects, Robert A.M. Stern, South Beach, Historic, Kobi Karp, Kobi Karp Architecture & Interior Design, Douglas Elliman Development Marketing, Auberge Resorts, Hotels, Hospitality
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The Elser Hotel & Residences Miami Closes On $80 Million In Sales In Less Than 60 Days

January 20, 2023

The Elser Hotel & Residences Miami, a 49-story new construction luxury condominium located at 398 NE 5th St., has successfully closed on $80 million in sales in less than 60 days. This immense sales volume marks the pivotal return of Latin American investment in South Florida, with 75% of sales coming primarily from Colombia, Mexico, and Chile, as well as the continued fervent demand for turnkey, new construction residences.

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In Commercial, Development, Development News, Development Sales, Hotels, News, News & Features, New Construction, Hospitality, Residential, Downtown Tags The Elser Hotel & Residences, News, News & Features, Development, Development News, Development Sales, Short Term Rentals, PMG Residential, PMG, Greybrook Realty Partners, Downtown Miami, Downtown, Sales Update, Residential, Commercial, Hospitality, Hotels, January 2023, Featured, featured
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Related Group, Two Roads Development and Rockpoint Reveal Rivage, Bal Harbour's First New Condo In Over A Decade

January 19, 2023

Industry leaders Related Group (Related), Two Roads Development and Rockpoint have revealed Rivage Bal Harbour (Rivage), a rare condominium property located in one of South Florida’s most exclusive enclaves. Made up of only 61 sky villas, the oceanfront development boasts an all-star design team, with Skidmore, Owings & Merrill (SOM) and Rottet Studio leading architecture and interior designs, respectively.

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In Bal Harbour, Development, Development News, Development Sales, Luxury Real Estate, News, News & Features, Residential Tags Related Group, Two Roads Development, Rockpoint Group, Rivage Bal Harbour, Skidmore, Skidmore Owings & Merrill, Rottet Studio, News, News & Features, Douglas Elliman, Douglas Elliman Development Marketing, Jon Paul Pérez, Jon Paul Perez, featured, Featured, January 2023, Development, Development News, Development Sales, Bal Harbour, Residential
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