Just days after we reported on Terra Group proposed 385’ Bjarke Ingels-designed tower at 300 Alton Road in Miami Beach’s South of Fifth neighborhood, voters have denied the sale of air rights necessary to develop the project.
Read More
Fontainebleau Miami Beach Reveals New Renderings Of NBWW-Designed Addition
The Fontainebleau Miami Beach has revealed its proposed Nichols Brosch Wurst Wolfe-designed expansion across the street at 4360 Collins Ave, which is currently a surface parking lot. The buildings would be connected via a 90’-long pedestrian sky bridge that would cross West 44th Street.
Read More
Aston Martin Residences Reveals New Rendering of 53rd Floor Pool
Aston Martin Residences has released a new rendering of the indoor pool at the Spa planned for the 53rd floor of the luxury tower in downtown Miami. The full-service spa will also include treatment suites, steam room and sauna, meditation room, beauty salon and barber station.
Read More
Pro Surfer Anastasia Ashley Sells Her Miami Beach Bungalow Home
Anastasia Ashley, pro surfer and model, sold her Miami Beach chic bungalow home for $870,000. Ashley has made a profit on her home after purchasing the property in 2017 for $720,000. The 1970s home has been renovated but has also preserved its Mid-Century charm. The home is 2,200 sq.ft. features 3-bedrooms, 2-bathrooms and an open floor plan.
Read More
One Thousand Museum Developer Gregg Covin Sells Spec Home For $12.5 Million On Allison Island
Gregg Covin, one of the developers behind One Thousand Museum and Ten Museum Park, has sold a spec home he built at 6493 Allison Road on Allison Island for $12.5 million to an undisclosed buyer. Cyril Matz with Douglas Elliman and Chad Carroll with Compass represented the seller and Dina Goldentayer with Douglas Elliman represented the buyer.
Read More
Todd Michael Glaser Reveals Sunset Island Spec Home Asking $9.9 Million
Developer and luxury homebuilder Todd Glaser has plans to sell 1500 West 21st Street on Sunset Island IV for $9.9 million once complete in about three months. Andrea Mirmelli originally hired Glaser to build him a Miami Beach home. Mirmelli ended up selling the partially developed waterfront house to Glaser for $5.9 million.
Read More
Douglas Elliman Releases Q3 2020 Florida Regions Market Reports For South Florida
Douglas Elliman has just released their Q3 2020 Market Reports for Florida regions, which were prepared in conjunction with Jonathan Miller of Miller Samuel INC. The reports have revealed that sales rose sharply higher year over year, rebounding quickly from the restraint of spring market activity at the onset of the COVID-19 crisis.
Read More
Ten30 South Beach Debuts Sales Gallery In South Beach
Ten30 South Beach hosted a socially distanced open house to celebrate the unveiling of their sales gallery. The event took place over two days and welcomed about 75 brokers. Guests were the first to see the project’s residences and refined finishes. Ten30 South Beach is developed by the Shoma Group and designed by Shoma Interior Design.
Read More
Fontainebleau Miami Beach Exits Special Servicing On $975 Million CMBS Loan
Jeffrey Soffer’s Fontainebleau Miami Beach has exited special servicing on its $975 million commercial mortgage-backed security loan (CMBS). When issued in November 2019, the loan was the largest CMBS hotel loan in South Florida. The loan entered special servicing on March 30 amid the onset of the COVID-19 pandemic and following a modification request.
Read More
Vladislav Doronin and Len Blavatnik Receive Approval For Aman Hotel & Residences In Miami Beach's Faena District
Vladislav Doronin and Len Blavatnik have received approval from Miami Beach City Commissioners to build Aman Hotel & Residences in Miami Beach’s Faena District. The developers will build a new 250’ tall tower adjacent to the historic Versailles Hotel located at 3425 Collins Avenue, in addition to restoring the Versailles Hotel back to its former splendor.
Read More