320 S Hibiscus has sold for 11.6 million after the former owners donated the luxurious property to Mt. Sinai Medical Center. Douglas Elliman agents Eloy Carmenate and Mick Duchon agreed to a very reduced commission to represent the sale and all proceeds and most commissions earned will be donated to the hospital.
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ATM Clothing Designer and Founder Anthony Thomas Melillo Purchases Unit at Three Hundred Collins
ATM clothing designer and founder, Anthony Thomas Melillo has purchased a unit at Three Hundred Collins, a project that has been attracting big names who are looking for that walkable New York City lifestyle found in the South of Fifth neighborhood.
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Construction Underway At The Perkins + Will-Designed 1212 Lincoln
Construction is now underway at Crescent Height’s Perkins + Will-designed 1212 Lincoln in South Beach where construction crews have already begun foundation work. The project will feature 70,000 SF of retail including a brand new Wells Fargo Bank and over 400 parking spaces. A second phase on the adjacent lot will bring a 50-room CitizenM hotel, additional retail and a food court. 1212 Lincoln will help expand Lincoln Road across Alton Road westward.
Record Breaking Penthouse Sale Recorded For 1 Hotel & Homes South Beach
A new record breaking sale has just closed at 1 Hotel and Homes South Beach as PH-1609 has sold for $11,500,000, or $3,233 SF. The price reflects a new record price per square foot for 1 Hotel and Homes South Beach and is the second highest price per square foot sale in Miami Beach in nearly 3 years.
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Pritzker-Prize Winning Architect Zaha Hadid's Personal W South Beach Condo Sells For $5.75 Million
Pritzker-Prize winning architect Zaha Hadid’s personal Miami Beach condo located in the W South Beach has finally sold for $5.75 million. The oceanfront residence had originally been listed for $10 million unfurnished and was personally designed by the late Zaha Hadid herself, who is renowned for her innovative and geometrically appealing designs.
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Henley USA Closes On The Eurostars Vintro Hotel In South Beach For $20 Million
The Eurostars Vintro Hotel, located at 2216 Park Avenue in South Beach has sold in an off market deal for $20 million to Henley USA. The deal equates to roughly $400,000 per key for the 50-room hotel, which was previously owned by Encotel, LLC.
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Worldwide Reggaeton Artist Nicky Jam Closes On Palm Island Contemporary For $3.4 Million
Nicky Jam, the Billboard and Latin Grammy award winning reggaetón singer, has officially purchased a home in Miami Beach’s Palm Island for $3.4 million. The sale was represented by Chad Carroll of Douglas Elliman.
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Tour An Ivy Covered Mansion On Miami Beach's Sunset Islands Once Owned By Anna Kournikova Asking $14.25 Million
Hidden in one of Miami’s most prestigious gated communities, 2345 Lake Avenue will immediately enchant you with its abundance of tropical foliage and old-school class. The 19,281-square-foot waterfront mansion is located on Sunset Island III and was once owned by former professional tennis player, Anna Kournikova.
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Check Out How The $620 Million Renovation Of The The Miami Beach Convention Is Coming Along
The 3-year, $620 million renovation of the Miami Beach Convention Center is powering towards completion. The redesign, which features 500 aluminum fins which are influenced by ocean waves, was designed by Fentress Architects, Arquitectonica and West 8.
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Jay Parker, & Michael Stern
Inside The Miami Beach Market Update Panel Hosted By JDS & Douglas Elliman At Monad Terrace
Douglas Elliman and JDS Development hosted an in-depth panel discussion on July 26 exploring both developing and selling Monad Terrace as well as reviewing Miami Beach's current real estate market. The panel gave listeners insight from industry titans Jay Parker, CEO of Douglas Elliman Florida and Michael Stern, founder and Managing Partner of JDS Development.
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