Miami Beach Commissioners voted to approve a redesign of Convention Center Park by reallocating the tree-count and landscaping to boost the usable lawn space in the 5.8-acre park to 87,000 SF, up from 28,000 SF. The changes were to accommodate Design Miami, a 5 day furniture show founded by Dacra founder Craig Robins. The Miami Beach Design Review Board will review the changes in November.
Featured Listing: Modern Waterfront on the Venetian Islands Lists for $14.25 Million
A modern waterfront on the Venetian Islands has listed for $14.25 million. The home is located at 610 West Dilido Drive in Miami Beach and was built in 2010. The home features 5 bedrooms and 6 bathrooms spread over 10,500 SF. Inside the home is finished with the finest finishes including marble flooring throughout, ipe wood ceilings in the upstairs living areas, marble finishes in the master bathroom, and floor-to-ceiling glass providing stunning views of Biscayne Bay throughout the living areas. Outdoors, the home features a 1,600 SF rooftop lounge with hot-tub, an infinity pool, 60' of water frontage an an architectural breeze block wall at the entrance. 610 West Dilido Drive is currently listed for $14.25 million with the Jills at Coldwell Banker Real Estate.
Photos courtesy of The Jill at Coldwell Banker Real Estate.
1 Hotel & Homes Reports Strong First Half of 2017 With $23 Million in Sales
1 Hotel & Homes is reporting a strong first half of 2017 with over $23 million in sales. While many projects have had to readjust their pricing, South Beach has seen some strong closings including a 3 bedroom unit in the Setai which recently closed for $5.5 million and a 3 bedroom penthouse at W South Beach which recently closed for $10.2 million. Notable sales from 1 Hotel & Homes over the period include the closing of Penthouse 1717, a 4 bedroom, 3.5 bathroom residence spread over 3,278 SF of interior living space and 1,907 SF of outdoor space. The unit closed for $6.975 million just five days after hitting the market. Additionally, Penthouse 1706, a 2,552 SF, 3 bedroom and 3.5 bathroom penthouse closed for $5.45 million in June; as well as Penthouse 1604, a 1,907 SF, 3 bedroom and 3.5 bathroom penthouse, which sold for $3.4 million.
1 Hotel & Homes is located on 600' of pristine beachfront and an entire city block of Collins Avenue. 1 Hotel & Homes South Beach features 155 private residences atop a 425-key luxury resort. 1 Hotel & Homes South Beach is a unique, eco-friendly, LEED-Certified oceanfront property inspired by nature and crafted from sustainable materials. Residences feature interior design by award-winning Brazilian architect Debora Aguiar, and the penthouses at 1 Homes feature top-of-the-line Artefacto furnishings. The interiors boast custom Italkraft kitchens with imported Italian silver travertine, white quartz countertops, Wolf appliances, Dornbracht faucets and trash, composting and recycling bins. Owners at 1 Hotel & Homes South Beach can enjoy an array of 5-star amenities including 4 oceanfront swimming pools, private residence entrance staffed with 24-hour concierge services and valet parking, beach club, a Tesla house car service; pre-arrival kitchen and pantry stocking with a local, organic option; in-home natural care botanical service and eco-conscious housekeeping and linen service, access to three restaurants and bars from award-winning chef Tom Colicchio, including Beachcraft, and a rooftop pool and restaurant-bar with panoramic views of the Atlantic Ocean and Miami skyline. Remaining inventory ranges in size from 1,694 square feet to 4,207 square feet and is priced from $3.8 million with exclusive sales and marketing by Douglas Elliman Development Marketing.
“Discerning buyers from across the globe continue to be attracted to the eco-conscious healthy lifestyle one can only find here,” said Richard LeFrak, LeFrak Chairman & CEO. “1 Hotel & Homes combines stunning fully-designed, turn-key residences with five-star resort amenities that include the Bamford Haybarn Spa, the Spartan gym, exquisite dining, aqua-blue beaches and the most beautiful panoramic views of the city and the Atlantic Ocean. 1 Hotel & Homes rewards the discriminating buyer.”
Tour the Newly Unveiled Penthouse 1612 of 1 Hotel & Homes Designed by Artefacto
Tour the South-of-Fifth Condo in Murano Grande With Spectacular Views That Just Closed for $3.8 Million
A spectacular 3 bedrooms spread in Murano Grande at 400 Alton Road has closed for $3.8 million. Unit 3203 spans 3,058 SF spread over 3 bedrooms and 3.5 bathrooms. The flow-through unit features breathtaking views throughout of Biscayne Bay, the Atlantic Ocean, Miami Beach skyline, Downtown Miami and Brickell Skylines, Fisher Island and Key Biscayne, amongst others. The unit also features private elevator access, granite counters, wood floors, expansive open kitchen, and large, oversized, sunrise and sunset terraces on both sides. Unit 3203, which closed for $1,243 SF, represents the highest sold price per square foot for that line in the building in over 3 years. Murano Grande 3203 was listed with Adriano Pinto-Torres, Tracy Ferrer and Mariela Stochetti of Douglas Elliman’s APT Team.
Featured Listing: Tower Suite Duplex Penthouse at Mondrian South Beach Hits Market for $7.7 Million
The duplex, combination unit Tower Suite at Mondrian South Beach has hit the market for $7.7 million. The residence is the largest in the building, which operates as The Mondrian Hotel & Residences located on West Avenue and is currently undergoing a $5 million renovation. The Tower Suite unit features 3 bedrooms + Office/Den and 4 bathrooms, spaning 4,100 SF with an open floor plan and a 1,400 SF terrace. The turnkey residence also features Fendi Casa furnishings, modern kitchen outfitted with Miele, Subzero & Wolf, and Grohe appliances; office, expansive master suite with custom leather-lined closets, and a large bathroom with glass walls, Crestron lighting and smart home system. The terrace features a hot tub and overlooks the pool and Biscyane Bay, providing unmatched views of the bay, Star Island, Venetian Islands, and the Downtown Miami, Brickell and Edgewater Skylines. Tower Suite #3 is currently listed for $7.7 million with Dina Goldentayer of the DS Team at Douglas Elliman.
Developer Robert Wennett Sells Iconic Mixed-Use Parking Garage, 1111 Lincoln Road
Bayerische Versorgungskammer (BVK), a German investment fund, has purchased the iconic, mixed-use parking garage from developer Robert Wennett. The deal was reached at $283 million and includes adjacent retail space at 1664 Lenox Avenue and 1666 Lenox Avenue. The total assemblage comes to around 146,327 SF, all roughly equating to around $1,932 SF on the sale. BKV financed the purchase with a $66.85 million mortgage from Universal-Investment-Gesellschaft mBh. Wennett originally purchased the properties for $23.5 million in 2005 before undergoing heavy development. 1111 Lincoln Road is an award-winning, mixed-use parking garage designed by Herzog & de Meuron in 2010, that has become an iconic part of Lincoln Road, Alton Road and South Beach. The 7 story, exposed concreted, mixed-use parking structure itself features 94,488 SF of office space, 51,839 SF of retail space, and a 300 parking spaces which can also be used as event space. Ground floor retail space has floor-to-ceiling glass storefronts with high ceilings along with another retail space located on level 5 that also features floor-to-ceiling glass to provide amazing views of the Miami skyline.
Miami Beach Sunset Island Home Listed by EWM Realty International Selected as Finalist in HGTV's Ultimate House Hunters
2821 Lucerne Ave., listed by EWM Realty International sales associate David Solomon represents a property selected as a finalist in the 2017 HGTV Ultimate House Hunt, a month-long online promotion being held on HGTV.com from June 13 through July 18. During the contest period, consumers vote for their favorite homes among 64 finalists in eight different categories. The listing was selected by editors of HGTV.com as a finalist in the Modern Masterpieces category, based on its extraordinary features and inspirational design, captured by striking photography.
“We have so many beautiful and unique homes across South Florida, and we are glad that one of our modern manses in Miami Beach was selected” said Ron Shuffield of EWM Realty International.
2821 Lucerne Avenue is located on Sunset Island #1. The turnkey home is 5,200 SF featuring 6 bedrooms and 7.5 bathrooms. The home has 5 guest suites, a large master bedroom, staff quarters, art walls for the art lover and a beautifully crafted chef’s kitchen. Lush landscaping throughout the residence offers a calm and tranquil vibe to the living spaces with a tropical lifestyle. Sliding floor-to-ceiling glass optimizes year round living and the ability to blend indoor/outdoor entertainment and living spaces. 2821 Lucerne Ave. is currently listed for $5,999,999 with David Solomon of EWM Realty International. Enjoy the photo tour below.
Tour the W South Beach Penthouse That Just Set The Bar For 2017 Condo Sales
A penthouse at W South Beach just sold for $10.2 million, setting the bar for 2017 condo sales as the highest sale per square foot this year (2017) at $3,502 SF. The residence is 3 bedrooms and 3 bathrooms spread over 2,912 SF with an additional 3,000 SF of outdoor space. The Yabu Pushelberg designed unit features quartz counters, marble bathrooms, Creston smark home system and Lutorn lighting. Outdoors the unit also features a private lap pool, hot tub and lounge area overlooking the beach. The unit was listed with Farid Moussallem and Miltiadis Kastanis of the Miami Lifestyle Team at Compass for $15 million and the buyer was represented by Luis Gonell of Engel & Voelkers. Enjoy the photo tour below.
Tour the Stunning Setai Unit With Views of Atlantic Ocean and Downtown Miami's Skyline That Sold for $5.5 Million
Unit 2802 in the Setai has sold for $5.5 million and the unit is absolutely stunning. The unit is 3 bedrooms, 3.5 bathrooms and covers 2,354 SF. The unit is a rare combination unit which has views that face southwest and southeast, allowing for unique views of the Atlantic Ocean, Miami Beach skyline and Downtown Miami skylines alike. The Setai is a 5-stary, 40-story, glass, beachfront hotel tower with 3 oceanfront pools, beach services, oceanfront grill, 24 hour room service, gym, concierge and full service spa. 101 20th Street Unit 2802 Miami Beach was listed by Eloy Carmenate and Mick Duchon of Douglas Elliman’s Carmenate + Duchon Residential Group. Carmenate and Duchon are no strangers to the ultra-high net worth buyer. They oversee a $300 million portfolio and specialize in top-end luxury homes with architectural significance. Recently adopting a new name, Carmenate + Duchon Residential, the duo have closed on over $70 million worth of deals just this year alone.
Featured Listing: Tour the Newly Unveiled Penthouse 1612 of 1 Hotel & Homes Designed by Artefacto
1 Hotel & Homes unveiled Penthouse 1612 yesterday (June '17) designed by Brazilian design-house Artefacto. The oceanfront penthouse spans 2,810 SF Over 3 bedrooms plus den and 3.5 bathrooms. The unit features a spacious balcony that accentuates the residence’s stunning ocean views and is designed to invite ocean breezes and sunlight into every room. Aguiar’s nature inspired aesthetic and airy interiors epitomizes soothing and splendid living. Penthouse 1612 is listed for $6,195,000 by Douglas Elliman Development Marketing. Enjoy the photo tour below.
