PMG, S2 Development, and Greybrook Realty Partners will build Miami’s tallest tower at 300 Biscayne, which will also feature Miami’s first Waldorf Astoria Hotel & Residences. The 1,049’ tower is being designed by Sieger Suarez and is expected to have a sell-out over $1 billion.
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Fort Lauderdale Will Soon Be Home to Cincinnati Bengals Running Back Giovani Bernard
Architectural firm Choeff Levy Fischman is designing its first project in Fort Lauderdale: a sprawling mid-century, modern home - with a tropical twist. The home was purchased by Giovani Bernard of the Cincinnati Bengals in April 2018, and is expected to be completed next summer.
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Nukondo: Capturing the International Buyers Market in Miami
South Florida has and continues to be a hotbed for international buyers, according to the 2017 Survey conducted by the Miami Association of REALTORS. Foreign buyers purchased 15,400 residential units (between August 2016 - July 2017), totaling over $7.2 billion in sales in the Miami-Dade, Broward, Palm Beach, and Martin counties.
A new real estate tech company called Nukondo is attempting to capitalize on this market segment. Their app provides a platform for real estate developers and new construction brokers to stay informed on the latest luxury projects. It standardizes and distributes this information globally, so that buyers and their agents can decide which condominium is most suited for their needs.
After three months of beta-testing, Nukondo has successfully on-boarded 72 of the most prominent projects in Miami such as One Thousand Museum, Missoni Baia, and Turnberry Ocean Club, with over 10,000+ units in inventory. “Our app helps developers expose their projects globally 24/7, allowing them to speed up sales and cut marketing costs,” says founder Jorge Brugo. “Be informed when you’re searching for that special new condominium and make sound buying decisions.”
Nukondo exposes international buyers to the Miami and Florida markets and directs them to a condominium sales team. In Miami, these international buyers are primarily coming from:
1. Argentina: 15%
2. Venezuela: 11%
3. Canada: 11%
4. Colombia: 9%
5. Brazil: 8%
The company will move into its full release once user feedback and content curation have been finalized. The company plans to scale beyond its pilot market of Miami, into other major U.S. and international metropolitan cities.
Article by: Katya Demina & Stephanie Warren
Record Breaking Penthouse Sale Recorded For 1 Hotel & Homes South Beach
A new record breaking sale has just closed at 1 Hotel and Homes South Beach as PH-1609 has sold for $11,500,000, or $3,233 SF. The price reflects a new record price per square foot for 1 Hotel and Homes South Beach and is the second highest price per square foot sale in Miami Beach in nearly 3 years.
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Check Out This Newly Listed Residence In St. Regis Bal Harbour Asking $8.595 Million
A lavish residence designed by Tony Ingrao, known for his design at the Baccarat in New York City, at the St. Regis Bal Harbour has listed with Bill Hernandez & Bryan Sereny of Douglas Elliman for $8.595 million.
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Stunning Fisher Island Home for Sale for $14 Million
Imagine yourself living in a beautiful waterfront condo, located in the most expensive zip code in the country, at 7412 Fisher Island Drive. This two-story, 5 bed, 6.5 bath home is comprised of two units with a combined 6,298-square-feet of space. The home features magnificent indoor and outdoor living, impeccable custom his-and-hers closets, an opulent kitchen with a dine-in breakfast table and a scenic, bright ocean view along with private beach access. The exuberant home includes a hand carved wall of antique built-ins, custom made in India with an elegant natural stone color and intricate detail. This accessible unit offers a broad balcony that illuminates the pristine, oceanfront living, which is further accentuated by a relaxing salt water fish tank in the living room. The $250K equity membership fee opens up access to 216-acres of pristine paradise and exclusive amenities including, golf, tennis, dining options, a private beach and marina plus a fitness center and spa.
This extravagant home is listed by ONE Sotheby’s International Realty agent Elena Bluntzer for $14 million.
Article by: Katya Demina & Stephanie Warren
Pritzker-Prize Winning Architect Zaha Hadid's Personal W South Beach Condo Sells For $5.75 Million
Pritzker-Prize winning architect Zaha Hadid’s personal Miami Beach condo located in the W South Beach has finally sold for $5.75 million. The oceanfront residence had originally been listed for $10 million unfurnished and was personally designed by the late Zaha Hadid herself, who is renowned for her innovative and geometrically appealing designs.
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Check Out This Lavish Condo Which Is Currently The Highest Priced Listing In FAENA District's The Caribbean
A lavish condo owned by London based artist, Izabella Kay, which featuring her artwork throughout, has hit the market as the highest priced residence in FAENA District's The Caribbean condo building.
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Worldwide Reggaeton Artist Nicky Jam Closes On Palm Island Contemporary For $3.4 Million
Nicky Jam, the Billboard and Latin Grammy award winning reggaetón singer, has officially purchased a home in Miami Beach’s Palm Island for $3.4 million. The sale was represented by Chad Carroll of Douglas Elliman.
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A Bayfront Estate In Coconut Grove Once Owned By The Miami Heat's Alonzo Mourning Has Sold For $8.25 Million
3525 Anchorage Way, a bayfront estate located on the exclusive Anchorage Way in Coconut Grove which was previously owned by the Miami Heat's Alonzo Mourning has sold for $8.25 million.
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