META Development has launched sales for Colette Residences, a new boutique luxury condominium in South Brickell. Designed by Brazilian architecture studio OSPA and sold exclusively by the Eklund | Gomes Team at Douglas Elliman, the five-story project features just 38 residences starting at $3.3 million, blending refined architecture, privacy, and a distinct sense of place.
Mast Capital and AEW Capital Management have completed the sale of Remi on the River, a 342-unit luxury apartment community along the Miami River, to Valeris Capital. CBRE’s Robert Given, Troy Ballard, and Michael Mulkern advised on the sale. The transaction highlights continued investor demand for well-located multifamily assets in Miami’s growing urban core.
Berkadia has arranged a $57 million bridge loan to refinance the construction debt on Astor Sound at Lake Worth, a new 230-unit multifamily community in Palm Beach County that is nearing completion.
The financing team included Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Brad Williamson, and Matt Robbins, along with Vice President Patrick Johnson. The loan was secured on behalf of the sponsor, Midtown Capital Partners, a Miami-based real estate investment advisor, operator, and developer with a portfolio spanning the U.S. and Spain. Infinity Collective originated the two-year loan, which includes an option for a six-month extension.
Focus, a seasoned real estate development and construction firm, and Group Fox, a family-owned property and asset management firm, both headquartered in Chicago, have received administrative site plan approval for their latest project, the 517-unit Brickell Starlite apartment tower. This milestone sets the stage for the development of a 39-story luxury high-rise in the heart of Miami’s Brickell neighborhood.
Claridge Homes, a Canadian real estate development firm, has officially launched 3000 Waterside, a luxury waterfront condominium project situated along the Intracoastal Waterway in Fort Lauderdale. After quietly attracting interest during the winter of 2024, the development has already secured $26.75 million in pre-sales, reflecting the demand for high-end waterfront living in the area.
Coconut Grove, known for its lush greenery and vibrant community, is set to welcome a new residential development that blends modern luxury with historic charm. The Lincoln Coconut Grove has officially launched sales, offering 48 meticulously designed condominiums at 2650 Lincoln Ave. Developed by Element Development and LORE Development Group, in partnership with Leste Group and Opportunity Fundo de Investimento Imobiliário, the project seeks to elevate the standard of boutique living in one of Miami’s most cherished neighborhoods.
Eighteen Sunset, a highly anticipated mixed-use boutique development in Miami Beach’s Sunset Harbour neighborhood, has achieved full occupancy for its premium office spaces. The 17,708 square feet of Class A+ office space has been fully leased, highlighting the surging demand for luxury work environments in Miami Beach.
Merrimac Ventures, a renowned South Florida real estate investment and development firm, has announced the launch of sales for Bungalow East, an exclusive luxury condominium set to rise in Fort Lauderdale Beach. The 14-story boutique development will house just 34 residences, each designed with refined elegance and offering extensive amenities in one of the area’s most walkable and desirable beachside communities.
Clearline Real Estate has secured $94.5 million in construction loans to advance the development of Excel Miami, a 24-story multifamily tower situated at 1550 NE Miami Place in the Arts & Entertainment District.
The highly anticipated Nora District in West Palm Beach marked a significant milestone with the groundbreaking of The Nora Hotel, a new 201-key boutique hotel developed by BD Hotels, in collaboration with Sean MacPherson, NDT Development, Place Projects, and Wheelock Street Capital.
Altman, a prominent developer in multifamily and industrial real estate, has opened its latest project Altis Grand Kendall, 342 upscale apartment homes to Miami's Kendall neighborhood. This addition brings a sophisticated living environment tailored to modern renters, combining sleek interiors with a robust range of high-end amenities.
Sawyer’s Walk, the largest mixed-use development in the historic community of Overtown, recently opened its retail section, marked by the launch of a 50,000-square-foot Target store. Over the next several months, additional major retailers are set to open, including Burlington, Five Below, Aldi supermarket, and Ross Dress for Less.
In the heart of Surfside, one of Miami's most coveted coastal communities, Surf Row Residences is introducing a new standard of upscale living. Developed by LD&D, a Miami-based real estate investment, development, and design firm, in collaboration with ONE Capital and IGEQ, this exclusive collection of 25 custom condominiums blends luxury and tranquility just a block from the beach.
Adam Neumann, co-founder of Flow, has announced the launch of his first condominium development project in Downtown Miami, marking Flow's expansion into the ownership market. The project, named Flow House, will be located in Miami Worldcenter and will include 466 units spread across 40 stories. Slated for delivery in 2025, Flow House will offer luxury living with a range of amenities, including coworking spaces, a fitness center, poolside restaurant, and spa.
Ocean Glass Residences, an exclusive community of 28 luxury townhomes, recently launched sales with Douglas Elliman Real Estate. Located at 10101 South Ocean Drive on Hutchinson Island, the development offers residents a unique combination of waterfront living and modern sustainability features.
Regency Development Group has broken ground on the Signature Collection, the first of three luxury buildings in the La Maré Brand Collection, a high-end residential development in Bay Harbor Islands, Florida. Comprising nine waterfront residences ranging from 2,200 to 4,300 square feet, the Signature Collection marks the initial phase of this premium project.
The boutique condominium development Solina Bay Harbor has broken ground after reaching a 50% sales milestone within six months. Located at 1055 93rd Street in Bay Harbor Islands, the project is set to offer a collection of high-end residences with a completion date projected for Q4 2025.
Construction has officially begun on Rivage Bal Harbour, a new ultra-luxury condominium project located in one of South Florida’s most exclusive communities. The project is a collaboration between Related Group, Rockpoint, and Two Roads Development, with architecture by the renowned firm Skidmore, Owings & Merrill (SOM) and interiors designed by Rottet Studio.
Blackline is a cutting-edge real estate sales platform designed to streamline new development sales through technology. Founded by industry veteran Tim Ng who has over 16 years of experience, the platform has already facilitated the sale of 80,000 units in Canada and is now expanding into Miami. Blackline offers tools like interactive floorplans, inventory management, and custom reporting, helping developers and sales teams work more efficiently and make data-driven decisions.
Downtown Miami is welcoming a new addition to its hospitality scene with the opening of Gale Miami Hotel & Residences on June 1st. This highly anticipated development promises to enhance the vibrant urban landscape of Miami, offering a blend of luxury accommodations and high-end amenities.
Shoma Group, a prominent Miami-based developer, has introduced Shoma 88, a mixed-use development poised to redefine the living experience in Kendall. This project signals a significant stride for Shoma Group, highlighting their dedication to providing housing options that blend affordability with luxury living experiences.
West Palm Beach, renowned for its vibrant culture and coastal charm, is welcoming a new addition to its skyline with the completion of Tortoise One, a luxury mixed-use, multifamily development. Developed by Tortoise Properties, known for its expertise in creating exceptional real estate assets in South Florida, Tortoise One is set to redefine upscale living in the heart of the city.
In a significant stride towards expanding quality residential options in Orlando, Royal Palm Companies led by Dan Kodsi and the Mattoni Group proudly announce the securing of an $86 million construction financing loan and the launch of Tuscany Village, a sprawling 420-unit multifamily complex set to enhance the Sanford area.
Terra, led by David Martin, and GFO Investments, led by Russell Galbut, topped out construction for Five Park Miami Beach, the only high-rise residential condominium delivered in South Beach this year. A visual beacon marking the entryway into Miami Beach, the development pairs a landmark residential tower with the adjacent three-acre Canopy Park and art-inspired Canopy Bridge.
Brightline’s passenger rail service between Orlando and Miami has officially commenced with the first train completing the 235 mile journey on September 22, 2023. The first train, Bright Pink, arrived in Orlando at 11:05 a.m. and was greeted by more than 500 elected officials, business leaders, community partners and company leaders from across the state.
MTV reality star Sam Logan of “Siesta Key” has acquired Villa Una, a Kobi Karp-designed waterfront mansion in Miami Beach for $13 million in an all cash deal. The new construction 5,600 SF home located 1485 Cleveland Rd. in Miami Beach offers 6 bedrooms and 6.5-baths on 0.26 acre lot. Jordan Karp of Jordan Karp LLC represented the buyer, Logan, while Pier Paolo Visconti and Claudia Llanes of Douglas Elliman represented the sellers.
The Parker Estate, a one-of-a-kind custom property in Boca Raton owned by the family of Constant Contact Founder and Tech Entrepreneur Randy Parker, has hit the market for $52 million. The triple-lot compound in Boca Raton’s prestigious Royal Palm Yacht & Country Club neighborhood is located at 2499 E Maya Palm Drive, Boca Raton, FL 33432. The Parker Estate is a magnificent fusion of waterfront luxury, architectural brilliance and natural splendor.
The Miami-based Sabal Development has sold a modern 5-story luxury residential apartment building they recently developed on Miami Beach’s Isle of Normandy for $13.5 million. Located at 1930 Bay Drive, Miami Beach, the newly-constructed building offers stunning waterfront views of Biscayne Bay. Dora Puig of The Dora Puig Team represented the seller, Pascal Nicolai, founder and CEO of Sabal Development and Sabal Luxury Builder.
South Florida’s residential real estate market is still on the rise and setting records. 6 Pelican Drive, a newly completed waterfront spec home in Fort Lauderdale, just sold for an all-time record-high sales price of $14,752,480 for a home on a canal in the Las Olas Isle Neighborhood. The contemporary home in Seven Isles offers 6 bedrooms and 5 bathrooms spread over 10,350 SF with a rare 120' of Intracoastal waterfront views.
A JV between Miami-based real estate developers 13th Floor Investments and Adler Group has completed the first phase of Link at Douglas, a 7-acre master planned development that has transformed Miami-Dade County’s Douglas Road Metrorail Station into a mixed-use transit hub at the confluence of Miami’s Coral Gables and Coconut Grove neighborhoods. Now complete and open to the public, the project’s first phase encompasses two residential towers with a total of 733 apartment units.
