Miami-based real estate developer Related Group and partner Alta Developers have signed a contract for a 54th-floor, 5,893-square-foot triplex penthouse at Casa Bella Residences by B&B Italia for $12.6 million, or $2,138 per square foot, signifying what will be the most expensive condominium sale on a price-per-square-foot basis in Downtown Miami’s highly desirable Arts and Cultural District. Casa Bella Residences by B&B Italia has achieved nearly $50 million in signed contracts over the past 60 days.
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Sabal Development Sells Waterfront Miami Spec Villa On Venetian Islands For $21 Million
Sabal Development, an award-winning builder and developer, has sold a luxury custom-built villa on Venetian Island for $21 million. Togu Design redesigned the modern, waterfront home at 1370 South Venetian Way. The new residence features a rooftop deck with pool and jacuzzi, ground floor deck with lounge area, negative-edge pool and jacuzzi, and stunning views of the Miami skyline from South Beach to Brickell/Downtown Miami.
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Related Group Breaks Ground on Nearly Sold-Out Oceanfront Casamar Residences In Pompano Beach
Related Group has broken ground on Pompano Beach’s newest beachside condominium, Casamar Residences, as the building nears sell-out. Set upon nearly 300 feet of pristine white sand, the boutique luxury property will house only 119 oceanfront condos with world-class designs by the award-winning Arquitectonica and The Rockwell Group. With completion expected in 2025, only select units remain.
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Touzet Studio-Designed Entertainment Development 'The Vessel' Hits The Market For Lease in Wynwood
Leasing is now underway at ‘The Vessel’, a high-end multi-space commercial development located at 101 NW 26th St. in Wynwood. The ultra-modern property was designed by Touzet Studio, who also designed Miami' Beach’s Apple and Nike flagship stores on Lincoln Road. ‘The Vessel’ spans 20,000 SF of leasable retail space and features multiple F&B entertainment suites complete with outdoor terraces and a rooftop.
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The Ritz-Carlton Residences, Estero Bay Hits $240 Million In Sales
The Ritz-Carlton Residences, Estero Bay sales velocity has continued to propel through the month of April, achieving $240 million in sales to date, as it sails toward the next benchmark of beginning construction this summer. The property, led by visionary London Bay Development Group, will feature 224 distinguished residences within two elegant 22-story towers on nearly a mile of waterfront. With purchases now under contract, this surge of activity is the result of interest from buyers drawn to the rare opportunity to live among nature, on the shore of the thriving Estero Bay aquatic preserve.
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The Ritz-Carlton Residences, Naples Reaches 50% Pre-Construction Sell-Out With $250 Million in Sales in 90 Days
The Ritz-Carlton Residences, Naples, one of the most widely-anticipated signature enclave to be unveiled along Florida’s Gulf Coast, is now 50% sold with half of the project’s residences now under contract, realized in about three months since the official January 2023 launch. The Ritz-Carlton Residences, Naples is being developed by Naples-based STOCK Residences, the luxury condominium division of STOCK Development.
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Newgard Development Group Partners With YUPIX To Bring Immersive Meta-Reality Tours to LOFTY Brickell
Forward-thinking real estate developer Newgard Development Group continues to innovate and enhance the luxury residential preconstruction experience. In the latest example, Newgard is partnering with immersive technology platform YUPIX to offer meta-reality tours of its LOFTY Brickell. LOFTY is a 44-story waterfront luxury condominium high-rise under development on the Miami River in the heart of Miami’s financial district.
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Chicago-Based Regency Development Group Launches Kobi Karp-Designed La Maré Bay Harbor Islands
Chicago-based Regency Development Group has launched La Maré, an exclusive collection of two light-filled modern contemporary boutique residential buildings in Bay Harbor Islands. La Maré features the 33-unit Regency Collection and the 9-unit Signature Collection, featuring vertically stacked tropical luxury villas designed by world-renowned architect Kobi Karp, while Brazil-based Debora Aguiar Arquietetos leads the interior design.
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With Hotel-Inspired Services and Endless Water Views, The St. Regis Residences, Miami is Brickell’s Definitive Luxury Address
From its signature Bloody Marys and legendary butler service to its afternoon teas and midnight suppers, The St. Regis has been renowned for its tradition of innovation and commitment to impeccable service since its founding nearly a century ago. Recognizing the need for a residential-only lifestyle that embodies this celebrated approach to hospitality, real estate industry leaders Related Group and Integra Investments are bringing The St. Regis Residences, Miami to Brickell’s thriving city center.
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Newly Completed Fort Lauderdale Waterfront Spec Home Sells For Las Olas Isle Record $14.75 Million
South Florida’s residential real estate market is still on the rise and setting records. 6 Pelican Drive, a newly completed waterfront spec home in Fort Lauderdale, just sold for an all-time record-high sales price of $14,752,480 for a home on a canal in the Las Olas Isle Neighborhood. The contemporary home in Seven Isles offers 6 bedrooms and 5 bathrooms spread over 10,350 SF with a rare 120' of Intracoastal waterfront views.
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