6530 Allison Island
Douglas Elliman in conjunction with Miller Samuel, a leading independent appraisal firm, has just released its May 2020 New Signed Contracts Report, which reveals that the number of newly signed contracts across property types in Florida was at a high last month, despite there being lower levels of new listing inventory coming online.
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Villa Valencia experienced strong sales momentum in the last 30 days, despite global market challenges. The project successfully sold $12 million of its inventory, amounting to four residences ranging from three- to four-bedrooms. Now 25% sold, the buyer demographic includes locals and a few from Mexico.
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Shay Kostiner, managing director of Fifth Avenue Capital Partners, has sold his vacant lot at 44 Star Island for $10 million to Hartstone Investments. Techrin Hijazi of Brown Harris Stevens, who had previously co-listed the property, represented the buyer and seller in the transaction.
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A land trust controlled by OKO Group’s Vladislav Doronin, a billionaire real estate developer from Russia who is now has headquarters in New York and Miami, has acquired a 6.7 acre assemblage in Fort Lauderdale for $63 million.
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Monaco Yacht Club & Residences, which is being developed by Optimum Development USA, has revealed its newly opened sales gallery at 6897 Collins Avenue in Miami Beach. The nautically themed, boutique Bayfront condominium offers its own private marina and just thirty-nine luxurious waterfront residences delivered fully finished with curated interiors by world-renowned Italian interior designer Piero Lissoni.
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Apex Capital Realty’s Miguel Pinto acted as the sole broker in the 5,718 SF retail building deal at 900 S Le Jeune RD in Miami, FL which closed for $1,575,000 on Friday. Coral 900 LLC. which controlled by Christian Vasquez, purchased the 5,718 Square Foot retail site from the HAROLD NOORDHOEK Revocable Trust.
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Avison Young’s Florida Capital Markets Group closed the $7.55 million industrial sale-leaseback of the 105,000 SF RAM Steel Framing headquarters location at 7400 N.W. 37th Ave. in Miami. Zaragon, Inc., purchased the property.
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CMC Group’s newly completed Brickell Flatiron condominium in Downtown Miami’s Brickell Financial District has successfully closed on four upper penthouse residences totaling $31.6 million in finalized sales over the last 90 days.
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Aston Martin Residences registered a record number of sales for the first half of May, demonstrating a positive resurgence and renewed confidence in the South Florida real estate market. Since the beginning of May, the in-house sales team has sold four residences totaling $8.75 million.
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An Israel- and New York-based luxury real estate development firm SC 8955 LLC, a subsidiary of Sapir Corp Ltd., announced that Gerard Guez and his wife Jacqueline Rose will purchase unit 601 on the 6th floor of the oceanfront boutique condominium, Arte by Antonio Citterio.
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