Nestled amidst the waters of the Florida Keys sits a rare opportunity, a 26 acre Private Island plus an additional waterfront mainland home within Ocean Reef Club. The private island island features a pool home, 12 one-acre developable waterfront lots, a 20-slip marina capable of accommodating a mega-yacht, three separate apartments, dockmaster office, a white sand beach and two tennis courts which convert to a helipad for a 10 minute flight to Miami.
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Terra Closes on $127 Million Refinancing Loan for Natura Gardens Development
Terra and New Valley, the development partners behind Natura Gardens, a new multifamily community in Northwest Miami-Dade County, have secured $127 million in permanent financing for the development. The loan, issued by an affiliate of MF1 Capital, will be used to pay off and refinance an existing $65 million construction loan, which was provided in 2021 by Bank OZK. Completed in Summer 2023, Natura Gardens includes 460 garden-style rental apartments across 23-acres in Miami’s West Hialeah neighborhood.
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CRE Principals…You’re Leaving Money on the Table. A Lot of It.
Smart commercial real estate principals love finding the deal no one else knows about. Yet there’s an obvious deal out there that’s routinely being ignored - something that residential real estate brokers have been taking advantage of for years while CRE entities have been missing out. It’s a stream of impressive profits being left untouched, staring commercial principals in the collective face.
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Reggaeton Artist Nicky Jam Sells One Thousand Museum Condo For $7 Million
Reggaeton artist Nicky Jam has sold his bayfront condo at One Thousand Museum by Zaha Hadid Architects in Downtown Miami’s Park West District 11 for $7 million. Nicky Jam acquired the residence at 1000 Biscayne Blvd in 2021 for $5.7 million at the ultra-luxury building which features only 84 private residences and six-star services.
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Nick Jonas and John Varvatos Set to Bring Rooftop Villa One Tequila Gardens To Miami Worldcenter
As Miami continues to evolve as an international destination for culinary innovation and vibrant nightlife, Villa One Tequila, co-founded by celebrities Nick Jonas and menswear designer John Varvatos, is bringing the essence of Mexico’s finest to Miami Worldcenter, the $6 billion mixed-use development activating Miami’s urban core.
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Sky Penthouse At Aston Martin Residences Sells Complete With Aston Martin Miami Riverwalk Edition DBX
The final Sky Penthouse at the Aston Martin Residences has sold as the building nears completion. The iconic glass waterfront 69-story, 817’ tower is now an iconic part of the Miami skyline on the Miami River. Sky penthouse,unit 5901 offers an unmatched 9,573 square feet of luxurious indoor living space.
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Indulge in Luxury: PROFILEmiami's Valentine's Day Gift Selection
This Valentine's Day, immerse yourself in pure luxury with our handpicked selection, designed to infuse every moment with warmth and romance. Picture this: soft candlelight flickering, a glass of fine wine in hand, and the air filled with the intoxicating scents of Diptyque. From the timeless charm of Brunello Cucinelli to the impeccable craftsmanship of Bottega Veneta, our collection is a testament to elegance and refinement.
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A nearby lot owned by Michael Simkins with PMG’s E11EVEN Residences Beyond Sales Gallery
Lion Development, PMG and LNDMRK Development Team Up To Purchase Overtown Development Site
Michael Simkins’ Lion Development, Property Markets Group (PMG) and Alex Karakhanian’s LNDMRK have partnered to purchase Overtown’s Block 19 located at 105 NW 11th Terrace for $16.5 million. The 1.5 acre development site will be a Transit Oriented Development (TOD) with a combination of market-rate and workforce housing apartments, along with parking for residents and visitors.
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Image Credit: Meyer Davis.
Terra and Sympatico Real Estate Launch Sales For Mr. C Residences West Palm Beach
Miami-based real estate development firm Terra and Sympatico Real Estate, a Palm Beach-based firm owned by the Morrison family, have launched sales for Mr. C Residences West Palm Beach. This 26-story luxury condominium hotel will mark the debut of a branded luxury development in Downtown West Palm Beach.
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Meet the Panelists Speaking at The PROFILE South Florida Capital Markets Summit at E11EVEN Residences Miami
On Wednesday February 7, 2024, PROFILEmiami will host its inaugural Capital Markets Summit, bringing together some of the biggest movers and shakers in real estate development in Miami to explore the state of financing and capital markets in the real estate industry. The panel is set to feature industry leaders developer Dan Kodsi of Royal Palm Companies, Dev Motwani of Merrimac Ventures, Raul Llanes of City National Bank, Michael May of Silverstein Capital and Justin Oates of Cain International; moderated by Matt Einheber of TitleEQ.
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