A new construction contemporary estate completed in April 2016 on Miami Beach's Allison Island has closed for $10.9 million. The sale is a record price for a single-family home on Allison Island. The 8,500 SF estate, which is spread over 8 bedrooms and 10 bathrooms, was developed by Todd Michael Glaser and was designed by DOMO Architecture. Outdoors, the home features a pool and 80 feet of water frontage on Indian Creek along with a private dock. The home was listed with David Hunt Solomon of EWM International and the property had last sold for $3.86 million in 2013. Tour the stunning contemporary below.
Eleven on Lenox Sales Gallery to Open in June As South Beach Continues to Develop
South Beach has long been one of the United State's most iconic zip codes, fusing culture, tourism and nightlife. Despite this, areas of South Beach have remained stale and stagnant to the development community until now. Developers have set their sites on the West Ave. pocket just west of Alton Road along Biscayne Bay from Lincoln Road through 5th Street. Serving to connect high-end neighborhoods of South-of-Fifth and Sunset Harbor, the strip has seen a real estate renaissance that has been marked by the introduction of several top brands and developments including 1675 Alton Road, a mixed-use development with retail and restaurants; Kimpton’s Hotel Palomar South Beach; The Lincoln Eatery; Trader Joe’s, which will open its first Miami Beach location at 17 West, a new mixed-use development with ground floor retail and loft-style apartments; 1671-1673 Alton Road, a soon-to-be redeveloped property with three ground-floor retail units and a second-floor loft space; a $5 Million renovation to the iconic Mondrian South Beach in which was recently taken under management by Menin Hospitality; 1212 Lincoln, a five-story mixed-use development that will feature a hotel, luxury retail and an indoor food court; and Baptist Health’s Urgent Care Facility; "Made in South Beach," a 501 unit rental community between Alton Road and West Ave; as well as Mondad Terrace, a luxury residential condo development from JDS Development Group, Jean Nouvel and Kobi Karp. Miami Beach has also set its sights an a major Lincoln Road redesign with the addition of enlarged sidewalks, more open space, water features and bike lands, further engraining its status as the social spine of Miami Beach.
At the center of this exciting neighborhood shake-up will be Eleven on Lenox from Shoma Group. Eleven on Lenox will feature a collection of 11 "ocean-inspired beach homes" which match the "spirit of the coastal retreat, infused with the luxury, style and sophistication of a private home in one of the most desirable neighborhoods." The project will be located at Lenox Ave. and 15th Street. Townhomes will start at $2.9 million and range from 4,403 SF to 4,669 SF. The project is designed by Zyscovich Architects and interior design by Charles Allem. Residences will be three floors and future Gaggenau appliances, smart lighting system, Poliform kitchens, four parking spaces, private elevators, rooftop terrace, summer kitchen and a pool. Eleven on Lenox is walking distance from both Lincoln Road and the beach and will emerge residents in the heart of South Beach. The on-site sales gallery is expected to open in June.
Check out our previous coverage on Eleven on Lenox including the release of their updated renderings by Charles Allem as well as our original coverage when the project when announced in October 2016.
Tour The Record-Breaking Sale at South-Of-Fifth's One Ocean
Miami Beach luxury real estate is hot with yet another record breaking sale, this time at One Ocean. Unit #403 located at 1 Collins Ave. just closed for $3,975,000, coming to $1,390 SF. The sale was over 20% higher than the most previously closed sale in the building since its 2016 delivery. Unit #403 features 3 bedrooms, 3 full-bathrooms and 1 half-bath spread over 2,860 SF. The residence features a contemporary design, a private elevator and foyer, European white oak flooring, Lutron lighting and views of both South-of-Fifth and The Atlantic Ocean. Unit #403 was listed by Sladja Stantic and Dina Goldentayer of The DS Team at Douglas Elliman.
The Standard to Get Major Facelift, To Demolish Lido Spa Hotel
The Standard Miami Beach, located on the iconic Venetian Islands, is about to get a major facelift. It is expected that they will demolish the Lido Spa Hotel and the Lido Bayside Grill and replace it with a new 3-story structure that features ground floor parking and hotel rooms. The hotel room count will remain at 100 and the redesign will be headed up by Rene Gonzalez. The facelift will also leave most of the front facade in tact, especially the parts with historical MiMo Art Deco features. The currently operating spa will not be affected by the facelift. The proposal also addresses sea level rise and was approved by the Miami Beach Design Review Board.
Featured Listing: Stunning Waterfront Townhouse Hits Market at Murano at Portofino
An exclusive waterfront Townhouse at the Murano at Portofino has hit the market and this one-of-a-kind listing is stunning. The 2,986 SF unit covers 3 bedrooms and 3 bathrooms over 3 floors. It comes complete with 2 private outdoor terraces. The home also features a 150 bottle wine wall, wood floors, private 2 car garage, double height ceilings, and views of Miami Beach Marina and Biscayne Bay. TH-M1 is located in the exclusive South-of-Fifth neighborhood, walking distance to the beach, South Pointe Park, Joe's Stone Crab, Prime 112, Il Mulino, and Smith and Wollensky, amongst others. Amenities at Murano at Portofino include 24 hour concierge, lighted tennis courts, private beach and yacht club, state-of-the-art fitness center, entertainment center, spa and heated bay-front swimming pool. TM-M1 is currently listed for $6,199,999. Listing and photos by Jamen Krynicki and Dustin Nero of Douglas Elliman Real Estate. Enjoy the video and photo tours below.
Full-Floor Unit at Glass South Beach in Miami Beach's Exclusive South-of-Fifth Neighborhood Lists for $12.9 Million
The entire 12th floor at Glass South Beach has been listed for $12.9 million. The unit is 3,374 SF and features 3 bedrooms, 3.5 bathrooms and 2,000 SF of outdoor space. The beautifully designed turn-key unit also features white oak flooring throughout, custom Ornare closets, 10-foot ceilings, marble kitchen and bathrooms, Gaggenau appliances, and breathtaking views of the Atlantic Ocean. Glass South Beach was designed by Rene Gonzalez and features access to a private beach club, full-service gym and pool, 24 hour valet, concierge and security as well as housekeeping. Glass South Beach is located in the prime South-of-Fifth neighborhood with some of Miami's finest restaurants, parks and beaches right outside the front door. The 12th floor is currently listed with Eloy Carmenate and Mick Duchon of Douglas Elliman Real EState.
Le Jardin Residences
Verzasca Group's Le Jardin Residences and Pearl House On Bay Harbor Island Top Off at 75% Sold
Two Verzasca Group boutique projects on Bay Harbor Islands, Le Jardin Residences and Pearl House, have topped-off. The buildings are 75% sold and feature 45 luxury residential condominium units. Le Jardin includes 30-units while Pearl House features 15. Prices start in the $500,000s for a Two Bedroom plus Den in Le Jardin Residences where residences come in Two Bedroom + Den and Three Bedroom layouts ranging from 1,385 SF to 2,235 SF. Pearl House comes in 2, 3 and 4 bedroom layouts. Units feature oversized balconies, smart-home technology ready, exotic stone bathrooms, kitchens with WOLF, Sub-Zero appliances, ITALKRAFT cabinetry, and floor-to-ceiling glass. Amenities include a rooftop swimming pool, valet parking, Tesla compatible electric vehicle charging stations, state-of-the-art gym, private storage for each residence, and private tropically landscaped garden. Delivery is expected summer 2017.
Verzasca group is led by Darius Kasparaitis, a former NHL and Olympic hockey player who played for the New York Rangers and Pittsburgh Penguins, amongst others. His NHL career spanned from 1992 to 2007. He is the President and Co-Founder of the Verzasca Group and has overseen 10 million SF of property development with projects throughout South Florida, the European Union, and Russia.
Le Jardin Residences
Le Jardin Residences
Le Jardin Residences
Le Jardin Residences
Pearl House
Pearl House
Pearl House
1 Hotel & Homes South Beach Penthouse's Have Strong Sales During Q1 of 2017
The Penthouses at 1 Hotel & Homes South Beach had a strong quarter during Q1 of 2017, post $14.5 million in sales with four total sales. Among the sales was a 2 bedroom, 1,800 SF unit to tennis star Eugenie Bouchard. Other units included the 3,278 SF Penthouse 1717 which sold for $6.975 million, the 1,907 SF Penthouse 1606 which sold for $4 million, and the 1,965 SF Penthouse 1621 sold for $3.5 million. Tour Penthouse 1717 below, which which features 4 bedrooms, an additional 2,000 SF of outdoor space and was designed by Brazilian interior design house Artefacto. Photos via 1 Hotel & Homes South Beach.
Featured Listing: Penthouse at Akoya Lists for $3.325 Million
Tower Suite 2 at Akoya on the 46th floor has listed for $3.325 million. The unit is 2,777 SF and features 3 bedrooms, 3.5 bathrooms and is spread over 3 floors with immaculate views of the Atlantic Ocean throughout. Each level has ample amounts of outdoor space including a private rooftop terrace on the third floor with a full wet bar and bathroom. Listing and photos by Jeff Miller of Brown Harris Stevens.
1111 Lincoln Residences from Robert Wennett, Designed by Herzog & de Mueron, Launches Sales
1111 Lincoln Residences, a mixed-use development just off of Lincoln Road by developer Robert Wennett, has launched sales for their two rooftop residences. The units are 3 bedroom smart homes over 2,155 SF with an additional 1,550 SF of outdoor space in the form of a private, Raymond Jungles landscaped and designed courtyard. Each is listed at $3.8 million and feature the finest interior stone interior finishes, as well as luxurious coutyards with stone flooring, pergolas, trees and foliage. 1111 Lincoln Residences was designed by Herzog & de Meuron, who have previously designed Wennett's iconic 1111 Lincoln Road parking garage, with a focus on designing from within the unit's own walls.
