FEATURED LISTING: Triplex Penthouse #PH1602 in the Miami Beach EDITION Lists for $25.999 Million

#PH1602, The three-level penthouse from atop the Miami Beach EDITION has listed with The Jills for $25.999 Million. The unit was previously listed for $27 million. The 5,246 SF unit features 4 bedrooms, 6 bathrooms and a huge rooftop terrace with views of the Atlantic Ocean, Biscayne Bay, Miami Beach, Sunny Isles, Downtown Miami and Brickell. #PH1602 was was designed by architect John Pawson. The residence features 20-foot floor-to-ceiling windows, teak woods floors, custom staircase, interiors by Steven G., Bulthaup gourmet kitchen and a huge rooftop terrace complete with a summer kitchen, outdoor entertainment area and a 36' private rooftop pool. The Miami Beach EDITION is located at 2901 Collins Ave. Listing and photos by The Jills with Coldwell Banker Real Estate.

Faena Hotel Penthouse Unit 1401 to Hit Market at $14 Million

The fully furnished, two-story penthouse on top of Faena Hotel Miami Beach is slated to hit the market shortly for $50 million. Unit 1401 is one of twelve private residences at the Faena Hotel Miami Beach. The unit is 9,979 SF with an additional 4,435 SF of outdoor space with private terraces and a rooftop deck. It features 6 bedrooms, 5 bathrooms and 4 half-baths. The pricing breaks down to around $5,010 SF. The unit was designed by film producer Baz Luhrmann and designer Catherine Martin to match the art-deco old-world ambiance, luxury and style of the Faena Hotel and district which opened in December 2015 on the site of the former Saxony Hotel. Alan Faena had announced last month that they were shelving the future Faena Versailles residential condominium project in order to better assess the market in favor of a potential hotel at the same location. Listing and photos by Douglas Elliman. 

Prince Royce Relists Coral Gables Home for $2.99 Million

Geoffrey Royce Rojas, better known as Prince Royce, has resisted his Coral Gables home and he has dropped the price to $2.99 million. The singer originally listed the home for $3.75 million. Royce has established himself with many hits in recent years including "Stand by Me," "Stuck on a Feeling," "Back it Up," and "Corazón Sin Cara." The 5,212 SF home is located at 144 North Prospect Dr. and features 4 bedrooms and 4 bathrooms. It was originally built in 1971 and was designed by Miami architect Hilario Candela before being redesigned in the early 2000's by Victor Vazquez. The home reflects Royce's young and eccentric style with custom furniture throughout including purple chairs and blue paneled kitchen. also features a recording studio, open living concept that lets light flow through the home, a billiards rooms, a master suite with a 2 level master closet, and an outdoor entertainment area with lush landscaping, Summer Kitchen and pool. Royce originally listed the home for $2.33 million in 2013  and originally listed it with Chad Carroll before pulling the listing. The new listing at $2.99 million is with The Jills of Coldwell Banker Real Estate. Photos by Coldwell Banker Real Estate. 

Calvin Klein's Miami Beach Mansion on North Bay Road Listed for $15 Million

Photo via FFT

Calvin Klein's personal, private, waterfront sanctuary on Miami Beach's exclusive North Bay Road is currently listed at $15 million. This reflects a price drop of $1 million from when the home was originally listed last year for $16 million. The home is 5 bedrooms and 5 bathrooms with 2 half baths over 5,800 SF and the original structure was built in 1929. The open floor plan oozes European craftsmanship throughout including exposed beam ceilings and light colored wood for historic, beach and zen vibes. The furnishing and antiques are by designer Axel Vervoordt. The home also includes 2,166 SF of outdoor space complete with a courtyard and a one-of-a-kind, sanctuary style, tree-lined infinity pool. There is also a 113' of waterfront with views of Biscayne Bay and a private dock. Klein originally purchased the house in 1929 for around $1.6 million. For years Klein kept the home under wraps, allowing few photos of his Miami Beach tranquil retreat. The home is located at 4452 N Bay Road and is currently listed with Pablo Alfaro of Douglas Elliman Real Estate. Photos by Douglas Elliman Real Estate. Tour the home below. 

Harvey Hernandez Plans Miami Beach Contemporary

Harvey Hernandez of Newgard Development Group is planning to build a two-story contemporary home at 790 Lakeview Drive on Miami Beach. His proposal would require the removal of a pre-1942 home which has been deemed architecturally significant. The new home will be 9,404 SF featuring 5 bedrooms plus staff quarters and will be designed by DOMO + Architecture and Design. The home will also have an interior koi pond, meditation garden, gym, infinity pool, hot tub, lap pool, cabana and outdoor entertainment area featuring a BBQ with water access. 

Featured Listing: Penthouse 1 at 4 Midtown Listed for $1.59 Million

A two-story penthouse high above 4 Midtown has hit the market and is listed at $1.59 million. #PH1 is a 2 bedroom, 3 bathroom layout with 2,305 SF of living area including a den. The turnkey unit is fully renovated with Italian floors and imported furniture with the list price accounting to roughly $690 SF, which also makes it the most expensive listing in Midtown. The unit features floor-to-ceiling windows, new kitchen and redesigned bathrooms. 4 Midtown is located right in the heart of Midtown Miami and amenities feature a pool deck with jacuzzi, BBQ area, fitness center, spa and 24 hour concierge. #PH1 is listed with Justin Rubin of The Rubin Group. Photos by The Rubin Group. 

Featured Listing: 1 Hotel & Homes Penthouse #1610

Penthouse #1610 at 1 Hotel & Homes South Beach matches sweeping views of the Atlantic Ocean with all of the amenities of a world class hotel in the heart of Miami Beach. The 3,955 SF duplex penthouse is the most expensive unit currently listed in 1 Hotel & Homes South Beach. The unit is a 4 bedroom, 5 bathroom layout with 730 SF of outdoor space and 12.5 ft ceilings. The unit is currently listed for a cool $16 million which comes to roughly $4,045 per SF. 1 Hotel and Homes is located at 2377 Collins Avenue, Miami Beach. Listing and photos Carolina Rainer of Douglas Elliman Real Estate. 

Featured Listing: Fisher Island 4-Bedroom Asks $10.8 Million

A four-bedroom unit at Fisher Island's Palazzo Del Mare is is asking $10.8 million. The unique unit is 5,040 SF of indoor space and 4,000 SF of outdoor space and comes complete with a poolside cabana, three parking spots and two golf carts. Unit 7111 is a 4 bedroom with 5 full bathrooms and one half-bath. The unit also has a summer kitchen and private outdoor hot tub. It has luxurious contemporary finishes, natural stone, high ceilings, large master suite, library and sweeping views of South Beach and the Atlantic Ocean. Listing and photos by One Sotheby's International Realty. 

1 Bedroom at 1 Hotel and Homes Sells for $1.345 Million

The Miami condo market is not dead as a deal has been reported at 1 Hotel and Homes on Miami Beach. Unit #1008, a 959 SF one-bedroom unit has closed for $1.345 million or $1,403 SF. The unit features the 1 Hotel furniture package with light, natural color tones, wood floors and furnishings designed by Debora Aguiar. The unit was first listed for $1.695 million in 2015 with Jeff Miller of Brown Harris Stevens.

Featured Listing: 1835 Fairhaven Pl. Coconut Grove

A Coconut Grove modern waterfront built in 2014 at 1835 Fairhaven Pl. is currently listed for $3,850,000. The home is located right off S Bayshore Dr. with private water access that includes a 50' seawall with dock and ocean access. The home is 5,338 SF with 4 bedrooms 4 bathrooms and 1 half-bath. It also includes an outdoor entertainment area with summer kitchen and pool, a rooftop terrace with water views and a luxurious master suite with water views and a private terrace. Its modern, open design allows for light to flow through and water views throughout. Listing and photos by Riley Smith of EWM Realty International.