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.

Douglas Elliman Represented 4 of the Top 8 Sales of 2018 in Miami-Dade County

 
As a seller, there is a lot that goes into the decision-making processing when selling your home, and one of the most important decisions is the agent and brokerage that you choose to represent you. Although this is important for all price points, it is crucial when your home falls into the uber-luxury category – commanding a price point north of $20M. So, when you pick a listing agent for your luxury home in Miami or Miami Beach, make sure that agent works for a successful brokerage that statistically proves RESULTS, like Douglas Elliman.


Top 8 Sales of 2018 in Miami-Dade County:

#1 – 4-5 Star Island Drive | Star Island Miami Beach | Sold for $33,000,000 – Douglas Elliman represented Seller & Buyer

#2 – 321 Ocean PH | South of Fifth | Sold for $26,000,000 – Douglas Elliman represented Seller & Buyer

#3 – 960 Harbor Drive | Key Biscayne | Sold for $22,000,000 (Auction Sale)

#4 – 4609 Pine Tree Drive | Pine Tree Drive Miami Beach | Sold for $21,750,000 – Douglas Elliman represented Seller

#5 – 15 Palm Avenue | Palm Island Miami Beach | Sold for $20,375,000

#6 – 3550 Matheson Avenue | Coconut Grove | Sold for $19,750,000

#7 – 4395 Pine Tree Drive | Pine Tree Drive Miami Beach | Sold for $19,250,000

#8 – 300 Costanera Road | Coral Gables | Sold for $19,000,000 – Douglas Elliman represented Seller


About Douglas Elliman Real Estate

Established in 1911, Douglas Elliman has grown to become the most reputable luxury real estate firm in the country. As the market leaders in New York, South Florida, California, Connecticut, Colorado and New Jersey, Douglas Elliman closed more than $26+ Billion in real estate transactions in 2017 making it the 3rd largest residential real estate brokerage in the country by sales volume and the #1 luxury real estate brokerage in America. In addition, Douglas Elliman has strategically partnered with Knight Frank Residential of London to extend their powerful real estate network to 523 offices in 60 countries across 6 continents.

If you are buying or selling a luxury home or condo in South Florida, please contact Broker Michael Light. Michael is the Senior Director of Luxury Sales and a member of the exclusive Sports & Entertainment Division at Douglas Elliman Real Estate. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com.

 

Disclaimer: The statistics referenced herein were retrieved from the Multiple Listing Service (MLS) on January 28, 2019.  Any closed sales not listed in the MLS are not included in the statistics referenced herein.  The information contained herein is for informative purposes only and should not be relied upon.

Discover Miami Beach’s Most Prestigious Residential Communities

 
Miami Beach offers many luxury residential communities within its city limits, with many of them being very affluent, some being on its own exclusive island, but all of them offer some of the most prestigious residential addresses, housing multi-million-dollar mega mansions. So, let’s discover a little about some of these prestigious Miami Beach residential neighborhoods.

Indian Creek Island

Indian Creek is an exclusive 300-acre island located on the beautiful waters of Biscayne Bay and recognized as one of the wealthiest, private, most secure communities in Miami Beach, and the world. The high level of privacy and security is the highest priority to the residents of Indian Creek and maintained by having its own private police force, as well as its own 24/7 armed marine patrol monitoring the waters surrounding the island.

It is not uncommon for Indian Creek Island to make an impression or make real estate headlines with the rich and famous residents who make it their home. Residents include Spanish singer Julio Iglesias, whose $28 Million home made it on the Top 10 List of Most Expensive Homes in South Florida in Forbes Magazine in 2006; pro golfer Raymond Floyd, former football coach of the Miami Dolphins Don Shula, television host Don Francisco, billionaire investor Carl Icahn, real estate billionaire Peter Breton, Victoria Secret’s model Adriana Lima, co-founder of Calvin Klein Barry Schwartz, Sheik Mohammed al-Fassi of Saudi Arabia, billionaire developer Donny Soffer, steel executive Leroy Schecter, wireless executive Rajendra Singh, radio magnate Raul Alarcon, former cable company CEO Ken Bagwell, US Senator George Smathers, coal and oil executive Christopher F. Viegas, former football team owner and billionaire art collector Norman Braman. In August 2012, Forbes Magazine featured a home sold on Indian Creek as the most expensive home sale in the history of Miami-Dade County.

With only 41 luxury, waterfront residences surrounded by lush gardens, these spectacular homes feature resort-style pools, poolside cabanas, rooftop Jacuzzis, full spas, gyms, wine cellars, entertainment theaters, accentuated with lavish furnishings and the finest accessories. The amenities at Indian Creek include an 18-hole golf course, considered one of the finest and occupying the interior of the island with a few holes on the waterfront, and an elite country club. Just minutes away via 91st Street, you have the neighborhood of Surfside, the nearby conveniences and fine dining on Miami Beach, and shopping at the prestigious Bal Harbour Shops.

Indian Creek is a magnificent parade of palatial homes exuding extravagance, with panoramic, breathtaking views of Biscayne Bay, the skyline of Downtown Miami, and a premier location of South Florida and the world.

North Bay Road

North Bay Road runs north and south along the western side of Miami Beach, and is one of the wealthiest communities in South Florida displaying stunning mansions and magnificent estate homes, accessorized with lavish furnishings, and complete with the ultimate in luxury amenities. These include fountains, resort-style pools, koi ponds, spas, Jacuzzi, fitness centers, billiards rooms, fireplaces, theaters, wine cellars and spacious gourmet kitchens with top-of-the-line appliances.

Most of these professionally landscaped North Bay Road luxury homes feature waterfront pools and are just steps away from their own private dock, with expansive terraces perfect for entertaining and enjoying the breathtaking, panoramic views of Biscayne Bay.

North Bay Road is a complete community with great schools, houses of worship, community interests, and lies near the Miami Beach Botanical Garden, a 2.6-acre property featuring a Japanese garden, and offering a world of activity from Zumba and yoga classes, to cooking workshops, gardening lectures, children’s programs and events for all ages.

Lined with one elegant estate home after another in a superb neighborhood, North Bay Road has been home to many past and present celebrities including the Bee Gees, Matt Damon, Jennifer Lopez, Ricky Martin and Miami Heat champions Dwyane Wade and Chris Bosh.

Within minutes, you are playing a round of golf at the prestigious La Gorce Country Club, on the white sand beaches of Miami Beach, dining on Ocean Drive, in vibrant South Beach, and half an hour from the Miami International Airport. For that sophisticated tropical retreat you can call home with all the South Florida luxuries, look no further than North Bay Road.

Pine Tree Drive

Pine Tree Drive is a scenic road on the eastern side of Miami Beach, well known as one of the most beautiful communities in Miami Beach and home to some over-the-top waterfront estates. Pine Tree Drive runs from W 23rd Street to W 63rd Street, west of Collins Avenue, in Miami Beach, Florida, just minutes from the white sand beaches on the Atlantic Ocean, and a short drive away from the popular and lively South Beach area. The prestigious Miami Beach Golf Club is a highlight of this luxury neighborhood, with a pro shop, ornate Mediterranean clubhouse and a unique golf course restaurant with a great menu and a full-service bar.

Extravagant, architecturally designed homes with spectacular landscaping are seen one after another on this splendid street, featuring impressive entrances, fountains, resort-style pools, theaters, gyms, gourmet kitchens, wine cellars, impeccable details, and lavish fixtures.

Pine Tree Drive is centrally located with easy access to Miami Beach, Downtown Miami, the Miami International Airport and a premier location for living a grand South Florida lifestyle.

South of Fifth

The enclave South of Fifth Street, also known as South of Fifth or SoFi, is a small affluent neighborhood situated on the southern tip of Miami Beach that begins at South Pointe Park and covers north to 5th Street, from east to west. Surrounded by the Atlantic Ocean and Biscayne Bay on 3 sides, South of Fifth is known as an exclusive tropical paradise where you can both relax and have easy access to all of the exciting water sports and activities that South Florida is so celebrated.

One of the most popular destinations in South of Fifth is the 17-acre South Pointe Park. This park is very popular among locals and tourists, as it offers an immense amount of lush green space, paved promenades, outdoor exercise areas and kid’s play areas…perfect for friends, family and their beloved pets to get together for a nice picnic on the manicured lawns, rollerblading, or simply to enjoy a stroll down to the beautiful white sandy beach.

South of Fifth is home to some of the most historic restaurants, beautiful oceanfront hotels and chic hotspots in Florida. Some of the historic restaurants include the famous Joe’s Stone Crab, which is open seasonally, Prime 112, Prime Italian and Smith & Wollensky; while the hot spots include Nikki Beach Club, the Big Pink and the low-key Ted’s Hideaway, which are just a few of our favorites.

As one of the most exclusive neighborhoods in Miami Beach, it should be no surprise that SoFi is home to some of the most luxe condo towers in all of South Florida and is truly an ideal place to call home. A few of the ultra-high-end luxury condos on South of Fifth include Continuum South Beach, Apogee South Beach, 321 Ocean, One Ocean, Murano Grand at Portofino, Ocean House and the newly-constructed Glass Miami Beach.

Star Island

Star Island is an exclusive, man-made island in the beautiful, turquoise waters of Biscayne Bay, located in the southern part of Miami Beach, south of the Venetian Islands, and east of Palm Island and Hibiscus Island. It is only accessible by using Bridge Road, connected to the MacArthur Causeway, which takes you to the mainland. With its southern location, you are only a short drive away from the lively South Beach area with its sizzling nightlife and to Downtown Miami.

Even though there is a guard house at the entrance of Star Island, it is a public neighborhood and you will be allowed to tour this tropical paradise with the incredible sight of one sprawling, magnificent home after another. The children of Star Island are served by the public schools of South Pointe Elementary, Nautilus Middle and Miami Beach High, in addition to the many private schools in South Florida.

Star Island is famous for the wealthy residents it attracts, past and present, many of which are celebrities, movie stars, and the elite from the business world, sports stars, artists and entertainers. These headliners include our very own Latin music sensation Gloria Estefan, Madonna, Don Johnson, Thalia, Sean “P Diddy” Combs, Sylvester Stallone, Lenny Kravitz, Will Smith, Rosie O’Donnell and Shaquille O’Neal.

Star Island boasts impressive waterfront residences, with all the luxuries to complement its splendor and beauty. As part of the Biscayne Bay Aquatic Preserve, Star Island is a floating jewel of architectural masterpieces on a tropical island in one of the most premier locations of South Florida, and the world.

 


If you, or someone you know, are interested in purchasing a luxury home in Miami Beach, please contact Broker Associate Michael Light directly at (786) 566-1700 or michael@miamiluxuryhomes.com. Michael is a top-producing real estate professional, Senior Director of Luxury Sales and member of the elite Sports & Entertainment Division at Douglas Elliman Real Estate. Michael is also the Founder/Owner of The Miami Luxury Homes Group at Douglas Elliman.

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