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 MoreMultiplan R.E.A.M. Breaks Ground On Luxe Boutique Condo Ocean Park South Beach In South of Fifth
On February 25, Florida-based Multiplan Real Estate Asset Management, broke ground on Ocean Park South Beach, an exclusive boutique condominium featuring a limited collection of 10 luxury beach residences in the prestigious South of Fifth enclave. MultiplanREAM executives in attendance included, Managing Partner, Marcelo Kingston
Read MoreTerra Group's Proposal To Develop Bjarke Ingels-Designed Tower At 300 Alton Road Denied By Voters
Just days after we reported on Terra Group proposed 385’ Bjarke Ingels-designed tower at 300 Alton Road in Miami Beach’s South of Fifth neighborhood, voters have denied the sale of air rights necessary to develop the project.
Read MoreCheck Out The Bjarke Ingels-Designed Tower Terra Group Has Proposed For South of Fifth
Terra Group’s proposal to develop a 385’ Bjarke Ingels-designed tower in Miami Beach’s South of Fifth neighborhood is headed to vote. The tower would rise 30-stories and would feature 60 residential units in addition to 45,000 square feet of commercial space.
Read MoreRecord Breaking Class A Office Lease Signed At Yukon Miami In Miami Beach's South of Fifth Neighborhood
The Yukon Miami, a class-A commercial office building at 119 Washington Avenue in Miami Beach’s affluent South of Fifth neighborhood, has shattered office leasing records in Florida despite the Covid-19 pandemic.
Read MoreGoddard Investment Group Moves To Evict WeWork From South of Fifth Location
WeWork’s landlord at 429 Lenox Avenue, Goddard Investment Group, has moved to evict WeWork from their South of Fifth location at 429 Lenox Avenue in South Beach. The 43,500 SF building is fully leased by WeWork who skipped out on rent payments for April, May and June.
Read MoreArt Deco Condo In Apogee South Beach Hits The Market For $16.95 Million
An Art Deco-designed unit at Miami Beach’s most prized condominium, Apogee South Beach, has hit the market for $16,950,000 with Bill Hernandez & Bryan Sereny of Douglas Elliman. Unit 2004 is owned by a Swiss investor and entrepreneur who selected French architect and interior designer, Michel Gamard, to design the unit.
Read More$45 Million Trophy Office Building for the 1% Hits the Market in South of Fifth
The Yukon Miami, which commands one of the highest per square foot rents in Florida at $78 per square foot, is located at 119 Washington Avenue in Miami Beach’s affluent South of Fifth neighborhood. The Arquitectonica-designed office building has just hit the market for $45 million. Amit Egan Datwani of The Global Consulting Organization and Cyril Bijaoui of The Company Real Estate are representing the seller.
The 43,140-square-foot commercial office building is the only Class A office building located in the South of Fifth enclave steps away from world-class, record revenue breaking restaurants, including Joe’s Stone Crab, Estiatorio Milos, and Prime 112.
In addition to its prime location, The Yukon Miami features more than 8,000 square feet of available rooftop terrace space with 360-degree views of the Atlantic Ocean, Miami Beach, and Downtown Miami, the largest commercial roof and deck space in South of Fifth.
“Nestled between Fisher Island (the richest zip code in the United States) and the revitalized Washington Avenue only enhances the locational appeal of the South of Fifth neighborhood,” said Amit Egan Datwani, founder and chief consultant at The Global Consulting Organization. “The Yukon Miami is the ideal opportunity for a visionary investor that understands this and has the ability to transform the property from a trophy asset to an absolute gem.”
Premier tenants include One Sotheby’s International Realty, Red Steakhouse, W5 Group (a global real estate investment platform), and several financial companies, including Boston-based Raptor Capital Management, Manhattan-based York Capital Management, and Sero Capital.
A private launch party to promote the building hitting the market will be held on The Yukon’s rooftop terrace next month.
By Stephanie Warren