Fortune International Group and Château Group, joint developers of The Ritz-Carlton Residences, Sunny Isles Beach, have paid off a $212 million construction loan on the newly opened condominium tower. The developers received the loan from Bank OZK in September 2016.
Read MoreDemolition Clears The Way For OKO Group And Cain International's Una Residences To Break Ground
An 11-story former condo building at 175 SE 25th Road, which was built in 1971 ,has been demolished, clearing the way for the highly-anticipated condo tower Una Residences to break ground in the near future. Una Residences is being developed by OKO Group, led by Vladislav Doronin, and Cain International.
Read MoreAlta Developers Launches Sales At The Recently Completed Quadro At The Miami Design District
Alta Developers, a South Florida-based real estate development firm, has announced the completion and launch of sales at Quadro at the Miami Design District. Quadro at the Miami Design District is a resort-style condominium with 198 turn-key residences where art is integrated throughout the entire development.
Read MoreThe Ritz-Carlton Residences, Sunny Isles Beach Secures TCO & Sells Last Penthouse For $25.5 Million
The Ritz-Carlton Residences, Sunny Isles Beach, one of South Florida’s most anticipated residential towers, has received its temporary certificate of occupancy (TCO), signaling the start of closings for the oceanfront tower. The ultra-high-end, 52-story condominium is the brainchild of Fortune International Group and Château Group.
Read MoreMonaco Yacht Club & Residences By Optimum Development USA Announces Groundbreaking
Monaco Yacht Club & Residences, an enclave of 39 luxurious waterfront residences with a private marina, has announced that it will be breaking ground imminently. Optimum Development USA, Moss, the appointed general contractor of the condominium, and Fortune Development Sales will host a groundbreaking event this week to commemorate the start of construction on the site, which is located at 6800 Indian Creek Drive.
The 12-story boutique condominium is slated for completion in early 2021 and is on one of the last remaining waterfront properties in Miami Beach’s MiMo District. “The initial success of the sales process is a true testament to the demand buyers have for the pursuit of pleasure combined with the intimacy of a full-service boutique building,” said Ricardo Tabet, CEO of Optimum Development USA. “Featuring the extraordinary talents of Piero Lissoni and Bernardo Fort-Brescia of Arquitectonica, Monaco Yacht Club & Residences introduces a new dimension in urban, waterfront living in one of the world’s leading destinations for elegant and sophisticated design.”
Monaco Yacht Club & Residences will include one to four bedroom residences, ranging in size from 918 to nearly 5,000 square feet. A limited collection of two penthouses will offer expansive living areas, including private terraces with summer kitchens, starting at 2,888 square feet. Primed for indoor-outdoor living and entertaining, the homes will feature wraparound terraces – each with finished floors and ceilings and sweeping views of Biscayne Bay, the Atlantic Ocean and the Miami skyline – as well as contemporary Italian kitchens by Boffi.
Additional highlights within the residences will include stone countertops, 10-11-foot high ceilings throughout, walk-in closets, private elevator entrances, and premium bathroom interiors featuring imported Italian marble flooring, spacious tubs and frameless, glass-enclosed rainfall showers with designer faucets. The building will be pre-wired for Home Automation systems to accommodate the latest smart technology.
Offering the best of a yachtsman’s lifestyle, Monaco Yacht Club & Residences will feature a 12 slip marina available exclusively to residents, as well as a yachting concierge for maintenance needs, yacht charters or sailing, and fishing excursions. Other waterfront amenities include paddle boarding, kayaking and more. The resident’s lounge will include a library and breakfast bar for leisurely waterfront dining.
Monaco Yacht Club & Residences are priced from $1.1 million.
By Katya Demina
For more sales information please fill out the form below.
57 Ocean Reveals $35 Million Penthouse Designed By Sofia Joelsson Design
Multiplan Real Estate Asset Management, developer of 57 Ocean, the ultra-high-end, 18-story boutique condominium on Miami Beach’s Millionaire’s Row, has revealed the project’s new $35 million full-floor penthouse.
Read MoreMarta Cruz, Construction Director of Shoma Group; Nestor Mejia, President of Construction and Development of Shoma Group; Carmen Casadella, Vice President of Sales of Fortune International Group; Edgardo Defortuna, President and CEO of Fortune International Group; Masoud Shojaee, CEO of Shoma Group; Stephanie Shojaee, Chief Marketing Officer of Shoma Group; Sean Saladino, Founder and Owner of Saladino Design Studios; Katherine Mejia, District Senior Manager of Rental Division of Shoma Group; David Muriel, Senior Project Manager of Saladino Design Studios
Shoma Group Officially Breaks Ground On TEN30 South Beach
The Miami-based Shoma Group has officially celebrated the groundbreaking of Ten30 South Beach, a curated collection of 43 studio, one- and two-bedroom condominiums nestled in one of South Beach’s most vibrant neighborhoods. In a nod to the development’s name, the ceremonial groundbreaking was held on October 30 at 10:30 a.m. at the future site of Ten30 South Beach.
Read MoreShoma Group’s Ten30 South Beach To Break Ground October 30
Masoud Shojaee, President of Shoma Group, who over the past 31 years has developed more than 10,000 homes and condominiums, and completed over $4 billion in real estate transactions, believes the time is ripe for his new concept of moderately priced, Mid-Century Modern design-inspired Miami Beach condominiums.
Read MoreEdgardo Defortuna, Dr. José Isaac Peres, and Marcelo Kingston
Multiplan Real Estate Asset Management Breaks Ground On 57 Ocean In Miami Beach
Multiplan Real Estate Asset Management has broken ground on 57 Ocean, an ultra-high-end, 18-story boutique condominium on Millionaire’s Row in Miami Beach. Designed by Bernardo Fort-Brescia of Arquitectonica with interiors by Brazilian designer Patricia Anastassiadis of Anastassiadis Arquitetos, 57 Ocean is already being singled-out by high-end buyers worldwide.
Read More57 Ocean Releases New Renderings Ahead Of April 4 Groundbreaking On Miami Beach
57 Ocean, the ultra-high-end oceanfront residential project by Multiplan Real Estate Asset Management on Miami Beach, has revealed new renderings just weeks after opening its state-of-the-art-on-site sales gallery in anticipation of the projects April 4 groundbreaking.
Read More