Victory Investments Group has acquired the art deco Hotel Astor on Miami Beach for $12.75 million, $304,000 per key, in an off market deal. The Susan Gale Group with ONE Sotheby’s International Realty, which specializes in hospitality transactions, represented both sides of the transaction.
Read MoreCheck Out This Waterfront Spec Mansion On The Blazing Hot Palm Island Which Just Sold For $29.5 Million
A waterfront spec home on Miami Beach’s prestigious Palm Island has sold for $29.5 million as real estate on the island continues to push higher. Located at 135 Palm Ave, the new construction home was developed by Sabal Development and was listed with Jeff Miller of ONE Sotheby’s International Realty and Mathieu Rochette of Compass.
Read MoreThe Fasano Coming To South Beach After JHSF Acquires The Art Deco COMO Metropolitan Miami Beach Hotel
The Brazil-based real estate development firm JHSF, led by Fábio Auriemo, has acquired the COMO Metropolitan Miami Beach hotel at 2445 Collins Ave. for $70 million, roughly $946,000 per key. The off-market transaction was overseen by Susan Gale of ONE Sotheby’s International Realty
Read MoreEmilio And Gloria Estefan Sell Their 1 Star Island Waterfront "Guest Estate" For $35 Million
Famed musician and producer partners Emilio and Gloria Estefan have sold their “guest estate” located at 1 Star Island Drive on the prestigious Star Island, for $35 million. The sprawling residence sits atop 58,332 SF of prime waterfront land.
Read MoreBeach Towing Purchases Sunset Harbour Commercial Property For $6.5 Million
Longtime Sunset Harbour tenant Beach Towing has acquired a commercial property South Beach’s Sunset Harbour neighborhood for $6.5 million. The property is located at 1349 Dade Boulevard in Miami Beach and consists of a 2,600 SF building and a 17,932 SF lot.
Read MoreModern Chinese Dinner Club Concept Jia Opens in Miami Beach's South of Fifth Neighborhood
A brand new modern Chinese Dinner Club bringing elevated Cantonese-style cuisine and eclectic elegance has opened in Miami Beach’s South of Fifth neighborhood in South Beach. Led by local restaurant veteran and hospitality entrepreneur, Ken Ray, Jia, is the first concept to introduce elevated Chinese cuisine to the area.
Read MoreFormer Owner of Club Space Acquires South Beach Multifamily In South of Fifth For $5.567 Million
Louis Puig, the former owner of Club Space, has acquired a multifamily property in Miami Beach’s South of Fifth neighborhood and plans to convert the space into a boutique hotel. Puig payed $5.567 million for 333 Jefferson Ave., a gated 24 unit multifamily property which was developed in 1939.
Read MoreTour A One-Of-A-Kind Sky Mansion Triplex Which Just Sold For $30 Million At Continuum South Beach
A one-of-a-kind, combined three unit “Sky Mansion” condo at Continuum South Beach in Miami Beach’s exclusive South-of-Fifth neighborhood has sold for $30 million. Unit 3602-04 in Continuum South was listed on the market just 52 days before selling for a record price per square foot in the building at roughly $3,645 PSF.
Read MoreInside The Continuum's South Beach Wine And Food Festival's 20th Anniversary Michelin Star-Honoree Led Dinner
Continuum, one of South Florida’s premier resort-style oceanfront condominium residences, participated in its second year for the 20th Anniversary of the Food Network & Cooking Channel South Beach Wine & Food Festival presented by Capital One (SOBEWFF®), with a sophisticated evening of regional Italian cuisine
Read MoreJDS Development Group's Luxurious South Beach Condo Monad Terrace by Ateliers Jean Nouvel Now 80% Sold Out
JDS Development Group, a leading real estate development, construction and acquisition firm, has announced 80% of the residences at Monad Terrace, including all four penthouses, are sold. The most recent closing was of the building's crown jewel, PH-A, for $11.8 million.
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