Italian Fashion icon, Renato Balestra, who has designed clothes for the likes of the Queen of Thailand and the Empress Farah Diba, has listed his condo in Murano Grande for $4.7 million. Murano Grande is located in South Beach's exclusive South-of-Fifth neighborhood.
Read MorePROFILE Exclusive: Inside Developing The Renzo Piano & RDAI-Designed Eighty Seven Park With Terra's David Martin
PROFILEmiami had the exclusive opportunity to sit down with David Martin, President and co-founder of Terra, and the mastermind behind some of Miami's most architecturally significant condos of this cycle include Bjarke Ingels-designed Grove at Grand Bay, the Rem Koolhaas-designed Park Grove, and Rene Gonzalez-designed Glass.
Read MoreInside Look: How Flood Insurance Companies Are Gaming the System in South Florida
In particular, flood insurance companies are re-evaluating what kind of coverage they can provide to coastal areas with greater threat of flooding, storm surge, and unpredictable weather.
Read MoreLennar Executive Chairman Stuart Miller Expands Star Island Holdings After Acquiring Thomas Kramer's Former Estate 5 Star Island For $33 Million
Lennar Executive Chairman Stuart Miller has acquired Thomas Kramer's former 4 and 5 Star Island Drive for $33 million. The 1.84-acre property is adjacent to two other lots that Miller owns on the exclusive island, 6 and 7 Star Island Drive.
Read MoreGrammy Award Winning Artist Shakira Lists Her Lavish Miami Beach Home For $11.648 Million
Grammy Award winning artist Shakira has listed her Miami Beach home for $11.648 million. Shakira recently renovated the manse which is located at 3140 North Bay Road Drive in Miami Beach features traces of the musician's Lebanese heritage including bone inlays, handmade decorative mirrors and a hookah lounge area.
Read MoreAirbnb and Illegal Rentals in Miami
In the dense tourist neighborhoods of South Beach, Miami lie a variety of different hotels, however, some tourists opt to - intentionally or unintentionally - illegally rent places to stay Airbnb or other properties available through home-sharing platforms like Vacayo, Booking.com or Expedia’s HomeAway.
Read MoreTour PHVC At The Setai Hotel Miami Beach Which Just Sold As The Highest Priced Closing Since 2014
PHVC in The Setai Hotel Miami Beach has just closed for $9.525 million, the highest priced condo sale in the hotel since 2014. The residence was originally listed for $11 million and has been tied to Russian oligarch Oleg Baibakov.
Read More150-Key Rudy Ricciotti-Designed Symphony Park Hotel Proposed To Be Built In South Beach
A 150-key Symphony Park Hotel, designed by famed French architect Rudy Ricciotti, has been proposed in South Beach across the street from the New World Symphony and Soundscape Park. The developers have filed plans with the city to demolish the existing South Beach Citibank which is currently on the property located at 1685 Washington Ave. in South Beach.
Read MoreCleveland Indians First Baseman Yonder Alonso Lists Miami Beach Condo in MEI For $1.995 Million
Cleveland Indians first baseman Yonder Alonso has listed his Miami Beach condo in MEI Condominium for $1.995 million. The penthouse residence features 2-bedrooms and 2.5 bathrooms spread over 1,556 SF.
Read MoreThe LEED Certified 1 Hotel & Homes South Beach Has Sold A Record Breaking $22.4 Million In 2018
1 Hotel & Homes South Beach, the eco-friendly, LEED certified luxury oceanfront property has reported a record breaking start to 2018, having reached 90% sold for the entire property with $22.4 million in sales year-to-date.
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