280 South Coconut Lane on Palm Island has hit the market for $10.8 million. The home features 6 bedrooms and 7.5 bathrooms spread over 6,139 SF. The contemporary home was built in 2015 and features luxurious finishes throughout including a grand foyer with 20 foot ceilings, a chef's kitchen, 90-bottle wine cooler, formal dining room, atrium, elevator and multiple terraces with views of PortMiami and Downtown Miami. Outside the property features an infinity pool and a dock with 50' of waterfront. 280 South Coconut Lane is listed with Gary Hennes and Evelyn Menin of Gary Hennes Realtors.
Featured Listing: Oceanfront Condo Unit in South Beach's Il Villaggio Hits the Market for $3.999 Million
A stunning oceanfront condo unit in South Beach’s Il Villaggio has hit the market for $3.999 million. The The 3 bedroom, 3 bathroom open floor plan is spread over 1,781 SF and also boasts 324 SF of outdoor terrace space. The residence was fully renovated by Sojo Design and is completely turnkey featuring a custom chef's kitchen with Quartzite countertops and backsplashes, complimented by Wolf & Subzero appliances, new bathrooms and showers, private elevator, low maintenance Italian porcelain flooring throughout, custom cabinetry and fully built-out closets. The residence also provides full smart home integration allowing the owner to control the Lutron lights, security cameras, surround sound, electronic window treatments and thermostat from a tablet or phone. 1455 Ocean Drive #1506, Miami Beach is listed for $3.999 million with Devin Kay of Douglas Elliman.
"This stunning full renovation by Sojo Design offers a buyer the ultimate turnkey property located at one of the most prestigious addresses in Miami Beach. This is currently the only residence on the market at Il Villaggio offering a high-end renovated product with all of the modern day amenities, in which a buyer can just bring their clothes and move right in. The desirable flow-through layout offers both direct ocean views as well as the downtown city skyline and sunsets. The attention to detail is simply unmatched," said Devin Kay, Senior Director of Luxury Sales/The Carroll Group at Douglas Elliman.
Featured Listing: Oceanfront Penthouse at Michael Graves' 1500 Ocean Lists for $19.5 Million
The penthouse atop the Michael Graves designed 1500 Ocean Drive in South Beach has listed for $19.5 million. The unit is spread over 8,400 SF with an additional 7,000 SF of outdoor space. The home features 5 bedrooms, 6 full bathrooms, 2 half-baths, a main living room, family room, double walk-in glass wine cellars, movie theater, Savant smart home technology, gourmet kitchen, and rooftop terrace with a pool that is currently being redesigned. 1500 Ocean Drive, T1 is currently listed for $19.5 million with Eloy Carmenate and Mick Duchon of Douglas Elliman.
Featured Listing: South-of-Fifth Enrique Norten-Designed Oceanfront Penthouse at 321 Ocean Asks $34.9 Million
The penthouse at South-of-Fifth's exclusive 321 Ocean is back on the market. The newly-listed, Enrique Norten-designed oceanfront penthouse comes fully furnished at $34,999,999 by Douglas Elliman’s Bill Hernandez and Bryan Sereny of the Bill and Bryan Team. The unit is the top two full-floors, the ninth and tenth, spread over 6,800 SF of interior space and 6,200 SF of exterior space. The penthouse features 5 bedrooms, 5 full bathrooms and 2 half-baths plus media room and library/office. The unique floor-through layout of the penthouse comes complete with East and West balconies and 360 degree breathtaking views of both the Atlantic Ocean and Miami Beach skyline. The unit also features floor-to-ceiling glass, private rooftop terrace with a 36' Infinity pool, outdoor kitchen and fireplace. The residence also features a 10’ deep lower, oceanfront terrace and stunning art throughout. Enjoy the photo tour and video tour below.
Take the Video Tour Below:
Photos via Lifestyle Production Group
Miami Beach Commissioners Vote to Approve Redesign of Convention Center Park
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.
