Featured Listing: W South Beach Penthouse Lists for $18 Million

The W South Beach is alive and well as Penthouse #PH26/2 has listed for $17,890,000. The 3,595 SF corner unit features 4 bedrooms and 5 bathrooms with an interior fully designed and furnished by Steven G. The pricing comes out to $4,976 SF, a steep ask in a market that has shown signs of slowing up. The unit features expansive outdoor space with wrap-around balconies with unobstructed views to the east, south and north of the building. The unit also includes smart house technology including a Control 4 system, leather wood-encased interior doors, leather wall paneling and glass walls that can be changed from translucent to opaque with the press of a button. Located at 2201 Collins Ave., the W South Beach Resort Residences provide residents with resort style living at one of the finest, most popular and iconic hotels in South Beach. Listing and photos by One Sotheby's International Realty. 

Enrique Iglesias Former Home Villa Jasmine Listed for $21.5 Million

The former Sunset Island home of Enrique Iglesias, known as Villa Jasmine, has been relisted for $21.5 million. The listing price equates to roughly $3,209 SF and is cut down from the original February 2015 asking price of $25 million. The home features Moroccan and Indian style throughout with 6,700 SF of living area and a main house with 5 beds, 5.5 baths along with a 1 bedroom, 2 bathroom guest house. It also features 150' of waterfront on Biscayne Bay complete with a private dock, rooftop jacuzzi, home theater, mosaic fountain and outdoor entertainment area complete with a summer kitchen, glass beaded pool and unobstructed views of the Miami skyline. It is currently owned by PetMed Express found Marc Puleo and located at 1771 N View Drive. It is currently listed with Mirce Curkoski and Albert Justo of ONE Sotheby's International Realty. 

44 Star Island Listed for $24 Million with Approved Plans

Shay Kostiner, the managing director of Fifth Ave Capital Partners, has put his Star Island property, complete with redevelopment plans, for sale for $24 million. At the same time he continue moving forward with building the project which features approved plans for a 27,000 SF mansion designed by Ricard Bofill. The home will feature nine bedrooms, an eight-car garage, rooftop and bayfront pools, and 209' of waterfront complete with a private dock. The 1.1-acre property is located at 44 Star Island and was originally purchased by Kostiner in 2010 for 7.25 million. In April 2016 Kostiner received a variance to raise the home to an elevation of 13 feet above sea level as well as to save three large Ficus Trees on the property. The existing house on the property from 1935 will be demolished. The property and project is currently listed with Marcos Egipciaco of Sovereign Real Estate Group. 

46 Star Island Lists for $65 Million

The legendary 46 Star Island, the iconic cul-du-sac estate at the end of Miami Beach's exclusive Star Island, has listed for a whopping $65 Million. The mansion is 18,356 SF that spans the entire point of the island and was originally built in the 1920's. The old world style is evident throughout the residence, which the owner just recently restored to an absolutely pristine condition. The home has over 40 rooms including 10-bedrooms, a massive wine cellar, home office, library, living room, chef's kitchen, dining room, and maids quarters with two separate condo style staff living areas. The estate also features 255 feet of waterfront on Biscayne Bay complete with two private docks, a boat lift, beautiful statue lined swimming pool, cabana, along with exotic landscaping, gardens, courtyards and terraces throughout the property. 

46 Star Island Dr. is now the most expensive single-family home for sale in Miami-Dade County at $65 million, followed by a penthouse unit at Faena House and Casa Bahia in Coconut Grove asking $55 million and $50 million respectively. The listing price comes in around $3,530 SF. The owner originally paid $1.83 million for the 1.4 acre property in 1987. The home is currently listed by Mirce Curkoski & Albert Justo One Sotheby's International Realty as well as Alexa Iacovelli. The home is surrounded by Viagra founder Philip & his wife Patricia Frost's estate 21 Star Island as well as Lennar Corp. founder & CEO Stuart Miller's estate and his other various Star Island holdings 22 Star Island and 11 Star Island. Photos via One Sotheby's International Realty. Stay tuned for a tour and more coming soon. 

FEATURED LISTING: Triplex Penthouse #PH1602 in the Miami Beach EDITION Lists for $25.999 Million

#PH1602, The three-level penthouse from atop the Miami Beach EDITION has listed with The Jills for $25.999 Million. The unit was previously listed for $27 million. The 5,246 SF unit features 4 bedrooms, 6 bathrooms and a huge rooftop terrace with views of the Atlantic Ocean, Biscayne Bay, Miami Beach, Sunny Isles, Downtown Miami and Brickell. #PH1602 was was designed by architect John Pawson. The residence features 20-foot floor-to-ceiling windows, teak woods floors, custom staircase, interiors by Steven G., Bulthaup gourmet kitchen and a huge rooftop terrace complete with a summer kitchen, outdoor entertainment area and a 36' private rooftop pool. The Miami Beach EDITION is located at 2901 Collins Ave. Listing and photos by The Jills with Coldwell Banker Real Estate.

Bay House Proposed in South Beach

Bay House has been proposed in South Beach by TBD Group of Miami. The project is located at 1435 Bay Road and Flamingo Way will be eight residential units. DNA Design and Architecture will be the architect on record. TBD Group of Miami is a division of Arquitectonica Venezuela. They will be maximizing the 13,582 buildable allowance of the lot and applied for several variance including a driveway and setback waivers. The Miami Beach Design Review Board will review November 1. The project will be walking distance to Alton Road, Washington Ave. and Lincoln Road. 

Eleven on Lenox Coming to South Beach

Eleven on Lenox from Shoma Group will feature a collection of 11 "ocean-inspired beach homes" which match the "spirit of the coastal retreat, infused with the luxury, style and sophistication of a private home in one of the most desirable neighborhoods." The project will be located at Lenox Ave. and 15th Street. Townhomes will start at $2.9 million and range from 4,403 SF to 4,669 SF. The project is designed by Zyscovich Architects and interior design by Charles Allem. Residences will be three floors and future Gaggenau appliances, smart lighting system, Poliform kitchens, four parking spaces, private elevators, rooftop terrace, summer kitchen and a pool. Eleven on Lenox is walking distance from both Lincoln Road and the beach and will emerge residents in the heart of South Beach.

Featured Listing: 1 Hotel & Homes Penthouse #1610

Penthouse #1610 at 1 Hotel & Homes South Beach matches sweeping views of the Atlantic Ocean with all of the amenities of a world class hotel in the heart of Miami Beach. The 3,955 SF duplex penthouse is the most expensive unit currently listed in 1 Hotel & Homes South Beach. The unit is a 4 bedroom, 5 bathroom layout with 730 SF of outdoor space and 12.5 ft ceilings. The unit is currently listed for a cool $16 million which comes to roughly $4,045 per SF. 1 Hotel and Homes is located at 2377 Collins Avenue, Miami Beach. Listing and photos Carolina Rainer of Douglas Elliman Real Estate. 

1 Bedroom at 1 Hotel and Homes Sells for $1.345 Million

The Miami condo market is not dead as a deal has been reported at 1 Hotel and Homes on Miami Beach. Unit #1008, a 959 SF one-bedroom unit has closed for $1.345 million or $1,403 SF. The unit features the 1 Hotel furniture package with light, natural color tones, wood floors and furnishings designed by Debora Aguiar. The unit was first listed for $1.695 million in 2015 with Jeff Miller of Brown Harris Stevens.

Arjun Waney to Open New Latin-Asian Concept DÔA With Flagship Location in South Beach

Arjun Waney, owner of Zuma and Coya, is bringing a new concept to South Beach at 2000 Collins Ave. The London-based restauranteur will launch in new Latin-Asian Fusion concept dubbed DÔA in South Beach. DÔA will have both Asian and Peruvian roots and will be a casual and affordable concept with indoor and outdoor seating. The South Beach location is expected to be the flagship location for the new concept with future locations planned in Washington D.C., Atlanta, Boston and Chicago. It will occupy the 5,200 SF space that was formerly Barezzito and One Lounge across from the Setai. It will feature an open kitchen, central island bar, DJ booth, lounge area and sushi bar.