A waterfront mansion located 2120 Bay Ave. on Miami Beach’s Sunset Islands has sold for $34 million in an off-market deal. The sale price equates to roughly $5,300 PSF for the 6,400 SF home. The transaction was brokered by Scott Lawrence Porter of ALTARA Properties and Nile Lundgren of SERHANT.
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The Cheesecake Factory Signs Lease At Terranova Corporation's 600 Lincoln Road In Miami Beach
The Cheesecake Factory® (NASDAQ: CAKE) has signed a lease for a prominent corner space at Terranova Corporation’s 600 Lincoln Road in Miami Beach. The national brand, which will invest in a custom buildout of the +/- 7,000 SF space in the iconic district, plans to open its doors Fall 2022 at the space previously occupied by Sushi Samba.
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Sabal Development Sells Hibiscus Island Spec Home For $15 Million To Cosmetics CEO
A brand new waterfront spec home by Sabal Development at 165 North Hibiscus Drive on Miami Beach’s Hibiscus Island has sold for $15 million to the CEO of Farmasi North America. Marko Gojanovic of ONE Sotheby’s International Realty and Alejandro Diaz Bazan of Jills Zeder Group represented the buyer while Dora Puig with Luxe Living Realty represented the seller.
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Master Brokers Forum Listing: Check Out This Oceanfront Condo On South Beach's Famed Ocean Drive
Master Brokers Forum member Ines Flax presents this direct ocean beauty; a corner residence at the boutique, award-winning 1500 Ocean Drive. This Michael Graves-designed building offers luxurious amenities including beach services, a newly renovated spa/gym, and Mother of Pearl pool.
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2035 Meridian Ave.
Luxury Home Builder Sabal Development Reports $130 Million In Sales For 2021
Sabal Development reported over $130 million in sales for 2021 amid a hot market for luxury single family homes and custom built homes. Sales in 2021 include a record-breaking sale at 135 Palm Avenue in Miami Beach for $29.5 million, a property in Pompano Beach at 2305 N. Riverside Drive for $6.45 million, and another in Hillsboro Beach at 1105 Hillsboro Mile for $13.5 million.
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Deco Capital Secures $60 Million Construction Loan For Eighteen Sunset In Sunset Harbour
Deco Capital Group has secured $60 million in construction financing from City National Bank of Florida for Eighteen Sunset in Miami Beach’s hot Sunset Harbour neighborhood. The loan will fund the ongoing development of the newest mixed-use project combining office, retail, and residential uses.
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The First Estate Built On Star Island In 1924 Lists For Record $90 Million Following Ultra-Luxe Mega-Expansion
The first estate built on Star Island in 1924 has hit the market for a record $90 million following an ultra-luxe mega-expansion. Located at 27 Star Island, the sprawling estate offers history and the ultimate in contemporary living with two distinct homes spanning 25,000 SF of living space on an expansive 40,000 SF waterfront lot.
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Chris Bosh's Former North Bay Road Estate Sells To Crypto Industry CEO Of MoonPay For $38 Million
Ivan Soto-Wright, the co-founder and CEO of crypto payment system MoonPay, has acquired Miami Heat icon Chris Bosh’s former Miami Beach estate on North Bay Road for $38 million. MoonPay is a London-based online payment system for cryptocurrencies which just recently MoonPay hit a $3.4 billion valuation following a new funding round.
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Black Lion Investment Group Acquires Commercial Units In South of Fifth's Marea Featuring RED Steakhouse And KoSushi Spaces
Black Lion Investment Group has acquired an entire block of commercial condo units at the base of the iconic Marea building in the heart of Miami Beach’s South of Fifth neighborhood. The six-story building at 801 South Pointe Drive was originally developed by the famed Related Group and features 30 luxury residential condos atop the commercial units.
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David Hunt Solomon To Develop $25 Million Venetian Islands Waterfront Estate Designed By Touzet Studio
A team of industry visionaries led by David Hunt Solomon have revealed plans to develop a $25 million state-of-the-art showpiece estate in Miami Beach’s exclusive Venetian Islands. Berkshire Hathaway HomeServices EWM Realty top-producer David Hunt Solomon announced that he has brokered and purchased a prime, 10,833-square-foot waterfront lot at 415 East Rivo Alto Drive for $6.959 million.
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