Miami-based Limestone Asset Management has acquired the flagship South-of-Fifth property which is home to PLANTA in Miami Beach for $12 million. The 7,835 SF building was completed in 2018 as the first built-to-suit and the first PLANTA in the state of Florida and sits on a 9,148-square-foot (0.21-acre) lot. The property is located at 850 Commerce Street, Miami Beach.
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World Polo League Beach Polo World Cup, Miami Beach 2022 Gallops Onto South Beach April 29 To May 1
The largest and most well-known beach polo event in the world, the World Polo League Beach Polo World Cup, Miami Beach 2022, produced by Lifestyle Polo, is galloping onto the pristine sands of South Beach at Collins Park on Friday, April 29 – Sunday, May 1. The event draws a global audience of over 12,000 visitors and spanns 140 meters across the sands of Collins Park.
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FTX OFF THE GRID ANNOUNCES UPCOMING MIAMI BEACH RACE WEEKEND FESTIVAL
Leading cryptocurrency exchange, FTX, in conjunction with partners the Mercedes-AMG Petronas F1 Team, luxury Swiss watchmaker IWC Schaffhausen, the official timekeeper for the event, and the City of Miami Beach, will soon debut FTX Off The Grid, an unparalleled three-day series of unique and immersive experiences at the intersection of crypto, culture, and cars.
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Black Lion Purchases Iconic Hospitality Destination In Miami Beach's South of Fifth Neighborhood
Black Lion has acquired an iconic restaurant space in Miami Beach’s South of Fifth neighborhood. The property is located at 200 South Pointe Drive, in front of the luxury Continuum Residences condo development. Black Lion is preparing to announce flagship restaurant concept which will be new to the Miami market.
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Urbanica Sells Meridian Hotel To Miami-Based Investment Firm
The Urbanica Meridian Hotel, located at 418 Meridian Ave on Miami Beach was recently sold by Urbanica, the group responsible for facilitating the revitalization of the dwindling Fifth Street Corridor through their development of staple lodging, food, and beverage establishments. The hotel sold to Miami-based investment firm, Cambridge Lansdowne, for $30.5 million.
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30 Palm Avenue On Miami Beach's Famed Palm Island Hits The Market For $43 Million
A contemporary estate located at 30 Palm Ave. on Miami Beach’s famed Palm Island has hit the market for $43 million. Magnificently redesigned, the 2-story waterfront estate on guard-gated Palm Island is situated on a manicured 32,000-square-foot lot, offering 100 feet of sparkling waterfront on Biscayne Bay.
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Mast Capital and Starwood Capital Group Launch The Perigon, Currently Miami-Beach's Only Beachfront Pre-Construction Condo
A JV between Mast Capital and an affiliate of Starwood Capital Group led by Barry Sternlicht has announced the launch of reservations at The Perigon, Miami Beach’s only pre-construction, ultra-luxury condominium directly on Miami Beach’s oceanfront. The Perigon will be the area’s first residential project designed by Rem Koolhaas’ OMA New York.
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Sunset Islands Waterfront Sells For $34 Million Brokered By Scott Lawrence Porter And Nile Lundgren
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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