A record breaking $15.06 million sale has closed at Ocean House in South Beach’s South of Fifth neighborhood. The all cash transaction was completed virtually with an additional two backup cash offers in place.
Read MoreOsteria Morini Miami Beach Opens In Finvarb Group's Recently Opened Kimpton Palomar South Beach
Award-winning New York-based Altamarea Group, the global hospitality company behind Michelin star-rated Marea and Ai Fiori, as well as Osteria Morini and Nicoletta brands, has officially opened Osteria Morini Miami Beach. The restaurant is located within the Kimpton Palomar South Beach, with a separate, waterside entrance along the Collins Canal on Alton Road.
Read MoreRFR Holding And Tricap Partnership Acquire 12 Units At W South Beach For $10.78 Million
A partnership between Aby Rosen and Michael Fuchs’ RFR Holding and David Edelstein’s Tricap, who also co-developed W South Beach, have closed on the purchase of 12 units at the iconic beachfront condo-hotel for $10.78 million.
Read MoreInside Stool Presidente, Dave Portnoy's $35K Miami Beach Rental At 1 Hotel & Homes
Take a look inside Barstool Sports Founder also known as “Stool Presidente,” Dave Portnoy’s lavish Miami Beach rental while he was in town visiting multiple Miami hot spots just days after announcing his fundraising efforts to help struggling small business owners. Portnoy’s “Barstool Fund” has recently hit $20M in less than one month, helping nearly 100 small business that have struggling due to the COVID-19 pandemic.
Read MoreRelated Group Files Plans For Redesigned One Island Park By Arquitectonica On Miami Beach's Terminal Island
Related Group has filed redesigned plans to build One Island Park, a proposed Class A office complex on Terminal Island in Miami Beach. The proposal will be reviewing by Miami Beach’s Design Review Board in early February.
Read MoreZach Vella Buys Waterfront Development Lots On Venetian Islands For Record $15 Million
Celebrity developer Zach Vella has acquired two adjacent waterfront development lots on Miami’s Venetian Islands for his private residence in Miami. Vella paid $15.2 million for 228 and 302 West Dilido Drive, a dirt value of $688 per square foot, which surpasses the Venetian Islands’ record land sale which was previously $6.5 million for 412 West Dilido Drive set in 2016.
Read MoreMondrian South Beach Celebrates Reopening Revealing $20 Million Renovation And Baia Beach Club
The Mondrian South Beach has reopened, revealing its $20 million renovation and Baia Beach Club. The 220-room hotel, which is located at 1100 West Ave. in Miami Beach, recently completed a complete renovation including lobby, pool area, gym, spa, restaurant, event space, common areas and guest rooms. The renovation was designed by Peter Oleck and Danny Cubes of OS Design Group.
Read MoreApogee South Beach Reimagined Unit Hits The Market For $10.9M
A reimagined unit at Apogee South Beach recently hit the market listed for $10.9 million. Apogee is one of Miami Beach’s most prized condominiums located at 800 S Pointe Drive. The reimagined unit features 3-bedrooms, 3.5-bathrooms and is a spacious 4,154 sq.ft. The unit is designed by Mendez Bela with a modern flair that enhances the views of South Beach, Fisher Island and the Downtown Miami skyline.
Read MoreKen Griffin Buys 10 Star Island For $25 Million, Bringing Star Island Assemblage To $95 Million
The multi-billionaire hedge fund magnate Ken Griffin, who founded the Chicago-based Citadel Securities, has expanded his Star Island assemblage with the acquisition of 10 Star Island for $25 million. In August 2020 an entity tied to Ken Griffin acquired the adjacent double lot with Miami Vice views of Downtown Miami at 11 and 12 Star Island Drive in an off-market deal for roughly $37 million.
Read MoreTen30 South Beach Hosts Socially Distant Party To Celebrate Top Off
Shoma Group officially topped off construction at Ten30 South Beach, a luxury boutique condominium scheduled to open in 2021. The developer teamed up with the project’s exclusive sales broker Fortune Development Sales to host a ceremony to commemorate the occasion. The topping off ceremony included real estate brokers, VIPs, community leaders and partners in the project invited to a socially distanced cocktail party with music and hors d’oeuvres.
Read More