Just Sold | Murano at Portofino Miami Beach #3201 Trades for $7.3 Million

 
The Light Group at Douglas Elliman is proud to announce another new neighbor has been added to the chic South of Fifth enclave of South Beach. It may seem as though luxury high-rise apartments are a dime a dozen in Miami, but each residence on each floor of each building is truly one of a kind, and Murano at Portofino #3201 is certainly no exception. After much searching, considering, looking, measuring, designing, and negotiating, we are very proud to have put together an exceptional deal for $7.3 million on a one-of-a-kind, high-floor residence with the best views Miami Beach has to offer.

The 01 line is among the most coveted floor plans of this luxury waterfront development, offering 3 bedrooms, 3.5 bathrooms and a media room/den eloquently laid out over 3,365 square feet of interior space. The plan has two terraces that offer both sunrise and sunset views as well as an additional wall of glass in the kitchen and dining area with panoramic views of Downtown Miami, Biscayne Bay, and the ocean. Residences on lower floors are not able to experience the same dramatic, sweeping views of the entire South Florida area.

Murano at Portofino Miami Beach Aerial

Murano at Portofino Miami Beach Aerial

 

Murano at Portofino Floor Plan 01

Murano at Portofino Floor Plan 01

 

The primary suite is situated near the entry of the residence, with direct access to the Sunset Terrace. The primary bath has a dedicated steam room as well as an oversized tub near the window with a gorgeous view of the aquatic life below.

While the residence had been previously renovated, another dramatic face lift is in store. The buyers anticipate $1.5 million of additional renovations and upgrades to their new home, having flown in their interior designer prior to determining that this apartment was in fact “The One.”

In addition to the in-residence amenities, the development lacks for nothing. Residents of Murano at Portofino enjoy direct access to the marina, a bay-side beach club and an al fresco restaurant in addition to the tennis courts, pool area and lavish spa. Top notch security keeps the peace and privacy inside the development and ensures that only invited guests are granted access. There are many prominent residents at this development, but you would never know it as the staff is accustomed to ensuring the privacy onsite.

Venturing outside of the development, owners are able to walk to local iconic places of interest that include Joe’s Stone Crab and Prime 112. Watch the cruise ships depart with a glass of wine on the patio at Smith and Wollensky at sunset, or enjoy a low-key afternoon at Monty’s.

The seller of Murano at Portofino 3201 was represented by Dina Goldentayer, also from Douglas Elliman and an agent who we very much enjoy working with, and the buyer was represented by Michael Light and Brooke Travis from The Light Group. The original listing price was $8.36 million, so we feel that our buyer ended up with an amazing price that is a win/win for both the seller and the buyer. The new owners will now begin their $1.5 million renovation because they are confident in the future of the Miami Beach market.

If you are also interested in a stellar deal on a one-of-a-kind property in Miami Beach, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

How Five Park Is Transforming South Of Fifth

 
Miami Beach has a new gateway, welcoming residents and visitors alike as they journey past the cruise ship terminals along the I-395 MacArthur Causeway, headed to the beach. On what was once a dilapidated hospital surrounded by broken parking lots and a garage will be the tallest residential tower on Miami Beach, surrounded by 3 acres of lush park space and retail. The project will also feature a statement pedestrian bridge, conveniently connecting Five Park to South of Fifth.

The design of the tower is from Bernardo Fort Brescia & Raymond Fort, the Peruvian architects who are also responsible for Brickell City Centre, another groundbreaking and neighborhood-changing project in Miami. Their portfolio also boasts Icon Brickell and the transit-transforming Port of Miami Tunnel.

Rendering of Five Park Miami Beach

Rendering of Five Park Miami Beach

Included in the elevated and shaded park will be jogging paths, a MONSTRUM playground, art installations and a dog park. The lower level will feature luxury retail outlets. The pedestrian bridge to the South of Fifth baywalk is designed by Daniel Burden and will feature an installation of colored glass that will surely be a new Instagram-worthy backdrop for everyone to enjoy. It is so exciting to see this block be reactivated in such a beautiful way!

Residents of the building will enjoy multiple floors of exclusive amenities. Two pools will be available, one for adults and one that is more family-friendly, both will feature sweeping views of the beach, the Biscayne Bay and the city skyline. A short walk across the pedestrian bridge will take you to the private beach club in South of Fifth. There are also cabanas, lounges, a sunset deck and a meditation deck, offering an all-around resort feel.

In the 26th floor Canopy Club, residents are welcome to enjoy the jewel box bar, terraced lounges, living rooms and dining rooms with a rotating roster of visiting renowned chefs. The wellness lounge is staffed with an in-house personal trainer and wellness coach along with a juice bar and luxe fitness areas with awe-inspiring views, hammam, treatment rooms and a spa. The Canopy Club is orchestrated by a dedicated concierge on the 26th floor.

The residences themselves are also elegantly appointed. The terraces will be delivered finished with flooring and 10-ft sliding doors to allow the indoor/outdoor lifestyle that draws so many people to the Magic City. The kitchen features Gaggenau appliances, stone countertops and Italian cabinetry. The main bedroom has ample closet space, custom designed Gabbellini Sheppard water fixtures, textured glass shower doors and Italian cabinetry. The secondary bathrooms are outfitted with the same cabinetry and design-forward Hansgrohe water fixtures.

There will be a total of only 98 residences, ranging in size from a 1,434sf 2 bedroom up to a 5 bedroom over 6,000sf. Each residence has a private elevator and either a park, bay or ocean view. Prices start at $2.6 million.

If you are interested in a presentation of the project with special pricing, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

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