Residential Real Estate News
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Residential Real Estate News
Swire Properties, Inc. has officially launched sales at The Residences at Mandarin Oriental, Miami, part of an unparalleled residential and hospitality destination set within a secluded island sanctuary moments from Miami’s vibrant core.
South Florida-based real estate development firms CMC Group, led by Ugo Colombo, and Fort Partners, led by Nadim Ashi, together with leading luxury hospitality and branded residential company Four Seasons, have launched sales for the Four Seasons Private Residences Coconut Grove.
Just a few months after the record-setting sale of the largest and most expensive penthouse on Miami's Bay Harbor Islands, Indian Creek Residences & Yacht Club has sold its second and final penthouse, a 5-bed, 5-bath and 2-powder room home last asking $11.25 million.
Pagani, a brand known for exclusivity, “stealth-wealth” characteristics and handcrafted quality, has revealed a first look at the buildings luxurious amenities such as their gym, pool, and spa. The attention to detail prevails, especially throughout the design and functionality of their carefully curated exquisite amenities.
On April 11, 2024, PROFILEmiami hosted PROFILEconnect: A Night at the Museum, the inaugural annual real estate impact conference bringing 3 panels and PROFILEmiami’s highly-regarded Bespoke Real Estate Networking to the iconic Coral Gables Art Museum. PROFILEmiami teamed up with ONEsir, Constellation Group, MG Developer, Banesco and Contempo Space to host a sophisticated afternoon.
Construction of Brickell’s first waterfront residential development in over a decade, Una Residences, has completed vertical development and “topped off” at 47 stories. The ultra-luxury project, situated at 175 NE 25th Road within Miami’s picturesque and private South Brickell enclave, is being developed by OKO Group and Cain International.
Related Group and GTIS Partners, along with renowned luxury hospitality company Viceroy, have launched sales for Viceroy Brickell - The Residences. Viceroy’s inaugural standalone residential endeavor introduces a fresh infusion of style and allure to Brickell’s global financial hub, with interiors by the award-winning studio Meyer Davis.
Melo Group has topped out Aria Reserve’s Arquitectonica-designed South Tower at 62 stories. The widely anticipated dual tower project in Edgewater, Miami, is the latest entry by the Melo Group into the high-end luxury market. Both towers are now officially expected to be fully completed in a record-breaking three-year timeframe since groundbreaking.
David Grutman, the founder of LIV Nightclub at Fontainebleau Miami Beach and Groot Hospitality, the brand behind Miami hotspots Komodo, Papi Steak, Gekko and Swan restaurants, and his fashion/jewelry-designer wife Isabela Grutman, have listed their condo at One Thousand Museum by Zaha Hadid for $7.2 Million.
Grupo T&C, a leading developer based in Peru, has launched sales at Edge House Miami, a luxury home-sharing condominium in Miami’s buzzy Edgewater neighborhood. Located at 1825 NE 4th Avenue, the 55-story tower envisioned by world-renowned architect Kobi Karp, will deliver short-term rental approved turnkey residences.
On April 11, 2024, PROFILEmiami will host PROFILEconnect: A Night at the Museum, bringing 3 panels and PROFILEmiami’s highly-regarded Bespoke Real Estate Networking to the iconic Coral Gables Art Museum. The panels will explore Women in Real Estate and The Next Generation of Real Estate, leading up to our Legends of Miami panel.
Naftali Group, a globally recognized real estate development and investment brand headed by visionary developer Miki Naftali, has broken ground on JEM Private Residences in Miami Worldcenter in Downtown Miami’s District 11.
A joint venture between Mast Capital and a controlled affiliate of Starwood Capital Group, a leading global private investment firm, today announced the groundbreaking of The Perigon Miami Beach, the area’s first residential project designed by world-renowned architectural firm, Rem-Koolhaas’ OMA.
Auberge Resorts Collection, an award-winning portfolio of one of-a-kind luxury hotels, resorts and residences, has been appointed by the Miami-based developer Witkoff and Monroe Capital to manage The Shore Club Resort & Residences, Auberge Resorts Collection in Miami Beach.
Related Group and GTIS Partners have secured a $328 million construction loan to finance the development of Baccarat Residences Miami, an ultra-luxury condominium tower located at the gateway of Brickell Avenue. Bank OZK provided the floating-rate loan.
On Tuesday April 26 Ella Miami Beach, PROFILEmiami and Pura Vida Miami brought the heat with a Pickleball Spring Slam celebration for top brokers and friends of Ella Miami Beach, a 10-story boutique condo which will soon rise above Miami Beach.
Interiors by Steven G. will serve as the interior designer for Forté Luxe, a luxury boutique waterfront community in Jupiter, Florida being developed by Forté Development. Forté Luxe will feature 15 multi-level residences on an exceptional and unique peninsula surrounded on three sides by beautiful Intracoastal Waterway views and direct water access.
Palm Beach’s infamous 10 Tarpon Isle, the only opportunity to live on your own private island in Palm Beach, has gone under contract. The home was listed for $187.5 million after initially listing for $218 million following its completion last year.
A one-of-a-kind designer triplex at The Plaza in West Palm Beach has hit the market for $12.95 million. The residence was completely transformed by renowned Joanne De Guardiola Design. Showcasing direct intracoastal views across all three levels and an impressive 47-foot flow-through on the main floor.
Constellation Group, the Miami-based commercial real estate investment and development firm, and Ironwood Venture Group, a real estate development firm, have sold over $21 million combined of the residences at SeaGlass Cove, a new lush, private enclave consisting of just 14 single-family homes in Marathon.
A non-waterfront home on Miami Beach Golf Course has sold for $9.5 million in Miami Beach. Located at 2485 Meridian Ave., the European-style villa overlooks the 12th hole of Miami Beach Golf Course and was built in 2017. The home was listed with Mendel Fellig of Compass and Jordan Karp of Jordan Karp LLC brought the buyer.
Ugo Colombo’s CMC Group has surpassed the halfway point of construction at Vita at Grove Isle, a seven-story boutique luxury condominium taking shape on Grove Isle, a private 20-acre island just offshore of Miami’s Coconut Grove neighborhood.
Real estate development firm PMG has revealed One Twenty Brickell Residences, a luxurious 34-story residential tower set to rise in the heart of Brickell. Located at 120 S.W. 8th Street, One Twenty Brickell Residences will consist of 240 fully finished and furnished residences, each delivered with a first-of-their-kind deeded office suite per residence.
Miami-based real estate developers Related Group (Related), BH Group and Vietmar have revealed and launched reservations for The Ritz-Carlton Residences, West Palm Beach. Envisioned by an award-winning team that includes design luminaries Arquitectonica and Rockwell Group, The Residences reflect the highest expression of the brand in a boutique setting.
Take a ride on the wild side at The Rider at Wynwood, Miami-based Rilea Group’s latest high-end condominium located in Miami’s Wynwood district, the city’s most exhilarating neighborhood. Located at 94 NE 29th Street, the 12-story, 146 turnkey-unit boutique building breaks the boundaries of everyday living.
RedHoek + Partners has launched sales at Solina Bay Harbor, a 9-unit boutique condo located at 1055 93rd Street in Miami’s Bay Harbor Islands. Pricing for the residences starts at $1.4 million with an anticipated completion is set for Q1 2025.
A non-waterfront home on Key Biscayne’s exclusive Mashta Island has sold for $7.3 million, setting an all-time record price-per-square-foot of $1,728 PSF as well as a land value record. Located at 730 N Mashta Drive, the recently listed home was sold in just 4 months by agent Joan Bruggink with ONE Sotheby’s International Realty.
Miami-based developer Riviera Horizons and Italian Hypercar brand Pagani have revealed the world's first Pagani Residences, a boutique luxury residential building with interiors designed by Pagani Arte, set to launch in Miami’s North Bay Village this spring, with completion slated in 2027. Fortune Development Sales will lead sales and marketing for Miami’s first-ever Hypercar branded building.
Palm Beach County’s newest luxury residential community and private golf club, Panther National, has broken ground on a Portrush Custom Estate (Lot 55). Spanning 9,263 square feet, the estate will feature five bedrooms, five and a half baths, and a four-car garage. Designed by Brenner Architecture Group and constructed by Ellish Builders, a Boca Raton-based custom home builder.
A new waterfront mansion just hit the market for $57 million in Coral Gables. Located at 41 Arvida Parkway, the home is an ocean lover’s dream with 574’ of prime views of the Atlantic Ocean and a private 140’ boat dock for yachting enthusiasts that can accommodate a 170+ foot mega yacht.