Penthouse 1406 at the Miami Beach EDITION has sold for $5.4 million. The unit features 2 bedrooms and 3 bathrooms over 2,255 SF and 2-stories. It also features breathtaking ocean and bay views, whitewashed teak floors, Smart Home technology, a European Bulthaup kitchen, as well as a private rooftop deck with plunge pool and outdoor kitchen. Both sides of the transaction were overseen by Douglas Elliman, with Eloy Carmenate and Mick Duchon of Douglas Elliman’s Carmenate + Duchon Residential group representing the buyer and Bill Hernandez and Bryan Sereny acting as the list agents. Continue below for a photo tour of the immaculate penthouse.
Architect Rene Gonzalez @ Louver House
Construction Update: South-of-Fifth's Louver House from Mast Capital Nears TCO
Mast Capital's Louver House, located in South of Fifth at 3rd and Meridian, is cruising towards completion. Designed by award-winning architect Rene Gonzalez, the four-story boutique property features 12 exclusive luxury residences and is on track to receive its TCO by the end of June 2017. Louver House complements the residential, walking neighborhoods lush, natural environment. The city of Miami Beach asked that the original bungalow that stood on the property be restored in some way, so Mast Capital created a public walking space via a louvered bungalow, paying hommage to the area's original beachside setting.
“Like all of my work, Louver House is designed to both reflect and respond to its environment. The building embraces the tropical qualities of the South of Fifth neighborhood and reinterprets them for contemporary living," said architect Rene Gonzalez.
“Louver House offers everything that today’s buyers are looking for, including luxurious amenities and an extremely desirable location walking distance to some of the best restaurants and our beach club,” said Camilo Miguel Jr., CEO of Mast Capital. “This milestone gets us one step closer to delivering the Louver House lifestyle.”
“This project broke ground in December 2015 and has progressed very nicely, reaching each progress point on target. Our team is excited to reach the next and final step, completion,” said Beauchamps Construction president Dean Thomas.
Louver House features a number of amenities, including a health club with an outdoor yoga area, pool deck with negative edge pool, landscaped lounge area, rooftop terrace, sunken lobby gardens as well as electric vehicle charging stations. Units at Louver House range from 2,088 to 2,432 square feet and prices range from $2.5 million to $3.9 million. All residences will be outfitted with unique kitchens from luxury Brazilian designer Ornare’s new “High Line” collection. Sales and marketing for the Louver House are exclusively handled by ONE Sotheby’s Realty and there are a few units left.
Architect Rene Gonzalez @ Louver House
Featured Listing: The Late Leonard Miller's 23 Star Island Lists for $49 Million
The home of the late Susan and Leonard Miller, one of the co-founders of Lennar Corporation, has been listed for $49 million, making it the second most expensive home on Star Island and the 4th most expensive listing in Miami. The home is 10,211 SF and spread over 7 bedrooms and 8 bathrooms. The home features two master bathrooms, stunning landscaping, stunning views, tennis court, separate 2 bedroom guest house, pool and 327 feet of water frontage with private dock. It is currently listed with The Jills at Coldwell Banker Real Estate. Enjoy the photo tour below.
Featured Listing: Zaha Hadid's Personal W South Beach Condo Lists for $10 Million
Zaha Hadid’s personal Miami Beach condo which is located in the W South Beach has been listed for $10 million unfurnished. The oceanfront unit is 2,299 SF featuring 3 bedrooms and 4 bathrooms. The custom furniture by the late "Starchitect" will be sold separately. The number comes to around $4,350 SF, which ranks the listing as one of the five most expensive listings in South Beach per square foot. According to list agent Rex Hamilton, the residence is “presented as a grand main apartment with balconies wrapping the east and south views plus a totally separate guest apartment, which is a one bedroom facing southeast. The main apartment originally combined two-floor plans, which Zaha Hadid then reformatted and customized as a grand one-bedroom residence with a generous oceanfront living room and terraces for entertaining guests.” The unit is listed for $10 million with Rex Hamilton of The Rex Hamilton Corporation. Check-out the video tour below.
A New Trader Joe's in Miami Beach Breaks Ground, Expected to Open Late 2018
Trader Joe's has broken ground on a new Miami Beach location located at 17th Street and West Avenue. The store is expected to to open in late 2018 and will be Trade Joe's first location on Miami Beach. The storefront will be part of a larger, 5-story project by Turnberry Associates and Elion Partners, which includes 28,000 SF of retail, residences including loft apartments and townhomes as well as 200 parking spaces. The building is being designed by Touzet Studio and Stantec.
Eleven on Lenox Sales Gallery to Open in June As South Beach Continues to Develop
South Beach has long been one of the United State's most iconic zip codes, fusing culture, tourism and nightlife. Despite this, areas of South Beach have remained stale and stagnant to the development community until now. Developers have set their sites on the West Ave. pocket just west of Alton Road along Biscayne Bay from Lincoln Road through 5th Street. Serving to connect high-end neighborhoods of South-of-Fifth and Sunset Harbor, the strip has seen a real estate renaissance that has been marked by the introduction of several top brands and developments including 1675 Alton Road, a mixed-use development with retail and restaurants; Kimpton’s Hotel Palomar South Beach; The Lincoln Eatery; Trader Joe’s, which will open its first Miami Beach location at 17 West, a new mixed-use development with ground floor retail and loft-style apartments; 1671-1673 Alton Road, a soon-to-be redeveloped property with three ground-floor retail units and a second-floor loft space; a $5 Million renovation to the iconic Mondrian South Beach in which was recently taken under management by Menin Hospitality; 1212 Lincoln, a five-story mixed-use development that will feature a hotel, luxury retail and an indoor food court; and Baptist Health’s Urgent Care Facility; "Made in South Beach," a 501 unit rental community between Alton Road and West Ave; as well as Mondad Terrace, a luxury residential condo development from JDS Development Group, Jean Nouvel and Kobi Karp. Miami Beach has also set its sights an a major Lincoln Road redesign with the addition of enlarged sidewalks, more open space, water features and bike lands, further engraining its status as the social spine of Miami Beach.
At the center of this exciting neighborhood shake-up will be Eleven on Lenox from Shoma Group. Eleven on Lenox 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. The on-site sales gallery is expected to open in June.
Check out our previous coverage on Eleven on Lenox including the release of their updated renderings by Charles Allem as well as our original coverage when the project when announced in October 2016.
Tour The Record-Breaking Sale at South-Of-Fifth's One Ocean
Miami Beach luxury real estate is hot with yet another record breaking sale, this time at One Ocean. Unit #403 located at 1 Collins Ave. just closed for $3,975,000, coming to $1,390 SF. The sale was over 20% higher than the most previously closed sale in the building since its 2016 delivery. Unit #403 features 3 bedrooms, 3 full-bathrooms and 1 half-bath spread over 2,860 SF. The residence features a contemporary design, a private elevator and foyer, European white oak flooring, Lutron lighting and views of both South-of-Fifth and The Atlantic Ocean. Unit #403 was listed by Sladja Stantic and Dina Goldentayer of The DS Team at Douglas Elliman.
The Standard to Get Major Facelift, To Demolish Lido Spa Hotel
The Standard Miami Beach, located on the iconic Venetian Islands, is about to get a major facelift. It is expected that they will demolish the Lido Spa Hotel and the Lido Bayside Grill and replace it with a new 3-story structure that features ground floor parking and hotel rooms. The hotel room count will remain at 100 and the redesign will be headed up by Rene Gonzalez. The facelift will also leave most of the front facade in tact, especially the parts with historical MiMo Art Deco features. The currently operating spa will not be affected by the facelift. The proposal also addresses sea level rise and was approved by the Miami Beach Design Review Board.
Featured Listing: Stunning Waterfront Townhouse Hits Market at Murano at Portofino
An exclusive waterfront Townhouse at the Murano at Portofino has hit the market and this one-of-a-kind listing is stunning. The 2,986 SF unit covers 3 bedrooms and 3 bathrooms over 3 floors. It comes complete with 2 private outdoor terraces. The home also features a 150 bottle wine wall, wood floors, private 2 car garage, double height ceilings, and views of Miami Beach Marina and Biscayne Bay. TH-M1 is located in the exclusive South-of-Fifth neighborhood, walking distance to the beach, South Pointe Park, Joe's Stone Crab, Prime 112, Il Mulino, and Smith and Wollensky, amongst others. Amenities at Murano at Portofino include 24 hour concierge, lighted tennis courts, private beach and yacht club, state-of-the-art fitness center, entertainment center, spa and heated bay-front swimming pool. TM-M1 is currently listed for $6,199,999. Listing and photos by Jamen Krynicki and Dustin Nero of Douglas Elliman Real Estate. Enjoy the video and photo tours below.
Full-Floor Unit at Glass South Beach in Miami Beach's Exclusive South-of-Fifth Neighborhood Lists for $12.9 Million
The entire 12th floor at Glass South Beach has been listed for $12.9 million. The unit is 3,374 SF and features 3 bedrooms, 3.5 bathrooms and 2,000 SF of outdoor space. The beautifully designed turn-key unit also features white oak flooring throughout, custom Ornare closets, 10-foot ceilings, marble kitchen and bathrooms, Gaggenau appliances, and breathtaking views of the Atlantic Ocean. Glass South Beach was designed by Rene Gonzalez and features access to a private beach club, full-service gym and pool, 24 hour valet, concierge and security as well as housekeeping. Glass South Beach is located in the prime South-of-Fifth neighborhood with some of Miami's finest restaurants, parks and beaches right outside the front door. The 12th floor is currently listed with Eloy Carmenate and Mick Duchon of Douglas Elliman Real EState.