Top 9 New Construction Miami Condos in 2022 Posted on March 2, 2022 by Michael Light At a time when inventory in Miami is at an all-time low and demand is at an all-time high, there could be no better timing of a flux of pre-construction projects on the horizon. With all of the people flocking to South Florida from New York, Connecticut, California and Illinois, leaving a depleted supply of available inventory, developers see this as the perfect time to start marketing their new developments. And, they are being proven right…these new construction buildings are selling at a velocity never-before-seen in Miami, it is seriously unbelievable! But, there are 9 condo buildings below that have launched within the past 6 months that still have amazing opportunities. The 9 new condo developments below offer different price points in varying neighborhoods…for those looking for an affordable pied-a-terre to an expensive beachfront condo and a mix in between. If you are interested in a private presentation of any of the new construction condos below, please contact Michael Light, Broker Associate and Executive Director of Luxury Sales at Douglas Elliman Real Estate and a member of the elite Sports and Entertainment Division. Michael is an expert at navigating the pre-construction condo market in Miami and the beaches and has been for more than 12 years. Buying pre-construction condos is very different than buying properties that are already built, so it is important to work with someone who is knowledgeable in this area of expertise. You may contact Michael directly at 786.566.1700 or michael@miamiluxuryhomes.com. St. Regis Residences St. Regis Miami Residences is the newest ultra-luxury residential condo development on the horizon for the Brickell neighborhood of Miami Florida, otherwise known as Miami’s Financial District. The St. Regis Miami Residences will consist of 2, 48-story condo towers designed by Robert A.M. Stern Architects with interior designs by Rockwell Group, both highly-acclaimed architecture firms based in New York. Developed by the Related Group and Integra Investments, the St. Regis Miami Residences will be operated by the 5-star operator, St. Regis, known for its exquisite services and sophistication, but will NOT include a hotel component. St. Regis Miami has finalized floor plans for its East Tower which will offer 149 condo units but is currently in the design stage for floor plans for the second tower, so the total number of residential units between both towers is not yet set in stone but will be approximately 350 units. St. Regis is slated for completion in 2025. Please visit our St. Regis Residences building page for more information about St. Regis condos in Brickell including amenities, floor plans, renderings and fact sheet. Vita at Grove Isle Vita at Grove Isle, formerly known as “The Markers Grove Isle,” is the newest residential masterpiece by Italian developer, Ugo Colombo, who is renowned for creating timeless luxury residential towers with quality hand-picked Italian finishes. Vita will be an especially unique project because it will be located on the private guard-gated 20-acre island of Grove Isle, just over the bridge from mainland Coconut Grove, and will offer unobstructed direct-water views of Biscayne Bay from each and every residence. Designed by CallisonRTKL, Vita will be a 7-story tower consisting of 3 distinct but connected buildings named Sole, Mare and Luce offering a total of 65 luxury condos, including 12 bi-level penthouses. Residences will offer 3 and 4-bedroom layouts ranging in size from 2,500 to 5,000 square feet with expansive 13-foot-deep terraces overlooking Biscayne Bay. Penthouses will range in size from 3,400 to 6,600 interior square feet plus an additional 2,900 to 6,100 SF of outdoor space, complete with private rooftop terraces, swimming pools and summer kitchens. Each unit will feature private elevators, Crestron Smart Home systems, high ceilings, floor-to-ceiling windows, European-style kitchens by Italian kitchen design firm, Molteni and bathrooms with exquisite Italian wood and book matched marble finishes, spacious laundry rooms and enclosed individual garages with optional lifts and charging stations. Vita at Grove Isle is estimated for completion in 2024. Please visit our Vita at Grove Isle building page for more information about Vita Grove Isle condos in Coconut Grove including amenities, deposit structure, fact sheet and renderings. Waldorf Astoria Residences Miami The Waldorf Astoria is a hotel brand that needs no introduction as it has provided guests with a truly luxurious experience for over 90 years. The Waldorf Astoria reputation is synonymous with elegance, sophistication and perfection which is why it is the perfect global brand to be introduced to a world-class city such as Miami. Waldorf Astoria Residences Miami, is a 100-story ultra-luxury condo/hotel tower that will soon soar 1,049 feet above the ground, making it Miami’s tallest tower once it is completed in 2025. Waldorf Astoria Miami will be ideally situated waterfront in the epicenter of Downtown Miami, Florida just steps from Miami Worldcenter, American Airlines Arena, Museum Park, Adrienne Arsht Center, Perez Art Museum, Frost Museum of Science and a variety of restaurants, shopping and other entertainment. Designed by Carlos Ott and Sieger Suarez Architects and developed by PMG, Waldorf Astoria Miami will be comprised of 9 vertical stacking glass “cubes” that will each be distinct and offer its own unique characteristics. Cubes 1-3 (floors 1-39) will be hotel components offering 205 hotel suites owned and operated by Waldorf Astoria, in addition to amenities that owners will also have full access to including a grand hotel lobby, resort-style pool deck, a ground-level signature restaurant by Major Food Group, business center, signature spa, state-of-the-art fitness center and much more. Cubes 4-9 (floors 40-100) will be exclusive to owners and residents with cubes 4-8 offering amenities and residences and cube 9 offering a penthouse collection. There will be a total of 360 privately-owned units in the residential cubes ranging in size from 516 – 12,300 square feet and offering Junior Suite Studios to 4 bedrooms. Units will feature 10-foot and 14-foot ceilings, floor-to-ceiling windows, Savant smart home automation systems, high-end kitchens with Italian cabinetry and Sub-Zero/Wolf appliances, spa-like bathrooms with Dornbracht and Duravit fixtures and expansive terraces with spectacular bay, ocean and city skyline views. Residents will also enjoy exclusive amenities including a private, residential lobby and a 40th-floor pool deck with a swimming pool, whirlpools, lounge areas and a bar/café. Waldorf Astoria Miami is scheduled for completion in the summer of 2025. Please visit our Waldorf Astoria Residences Miami building page for more information about Waldorf Astoria condos in Downtown Miami including amenities, deposit structure, floor plans, brochure and renderings. Bentley Residences Bentley Residences is a brand-new, global-luxury-car-branded condo tower on the Miami horizon. This new condo tower will be truly iconic as it will not only be the very 1st Bentley-branded residential condo tower in the entire world, but it will also be the tallest beachfront residential condo tower in the country, soaring 749 feet above the sand. This ultra-luxe, 60-story condo tower is being developed by Dezer Development and designed by Sieger Suarez, who have also teamed up on other high-end condo buildings in Sunny Isles Beach including Porsche Design Tower and Residences by Armani Casa. In fact, Gil Dezer, President of Dezer Development, is planning to borrow a similar truly-innovative feature from Porsche Design Tower and include it in this new exciting Bentley condo building…his famous in-unit car elevator, dubbed the ‘Dezervator.’ Bentley Residences will feature a modern car elevator and a 4-car in-unit garage in each private residence, offering a chic, sophisticated unit for car collectors. Each and every condo unit will also boast private swimming pools and saunas. Construction of Bentley Residences in Sunny Isles Beach is expected to begin in 2023 with an estimated completion of 2026. However, please note, Bentley Residences is still in the design stage and floor plans, brochures, pricing, etc. are not final as of yet, but I will keep you up-to-date as soon as all plans have been finalized. Please visit our Bentley Residences building page for more information about Bentley condos in Sunny Isles Beach including features, amenities and renderings. Casa Bella Residences Casa Bella Residences by B&B Italia is a pre-construction 57-story luxury condo tower that will be located at 1444 Biscayne Boulevard in the Art & Entertainment District of Greater Downtown Miami, Florida. Designed by Arquitectonica with development by Related Group and Alta Developers, Casa Bella is an Italian-inspired luxury development curated by world-renowned designer Piero Lissoni and Italian luxury furniture brand, B&B Italia. Casa Bella Residences will consist of 306 luxury condos, including an exquisite penthouse collection offering 24 penthouses, 2 of which will include private rooftop terraces complete with summer kitchens and spa tubs. Residences will offer 1, 2, 3 and 4-bedroom layouts with 10’ ceilings, while penthouses will offer 2, 3 + Den and 5-bedroom layouts with 11-12-foot ceilings. All residences will feature 2 private elevators, biometric access-controlled elevators, floor-to-ceiling impact-resistant windows, European-style kitchens and bathrooms designed by Piero Lissoni, Italian cabinetry by ItalKraft, top-of-the-line Sub-Zero/Wolf appliances, and spacious terraces with stunning views. Additionally, the developers of Casa Bella are offering new buyers an extraordinary opportunity to have their residence personally curated by B&B Italia, Italy’s leading furniture design firm. Casa Bella will offer its residents spectacular services and amenities that will span two full floors. Amenities will include a state-of-the-art wellness and fitness center offering on-demand services, yoga room, spinning room, salon, adult entertainment lounge, game room, kid’s play room with smartboard, party room, wine room, theater, business center, co-workspace, pet spa, expansive 11th-floor pool deck, 78’ lap pool, outdoor spa, poolside bar and café, pickleball court, BBQ with outdoor dining area, ground-level restaurant open to the public and a 56th-floor Sky Terrace boasting rooftop pool and observatory (650 feet) with high-tech telescope. Services at Casa Bella will include on-demand concierge services, 24-hour valet parking, 24-hour security, maintenance staff and an on-site multilingual team. Residents will also be afforded a 1-year complimentary membership at the Grand Bay Beach Club in Key Biscayne. Casa Bella is estimated to be completed in 2025. Please visit our Casa Bella Residences building page for more information about Casa Bella condos in Miami’s Arts & Entertainment District including deposit structure, amenities, floor plans, renderings and brochure. The Standard Residences The Standard Residences Midtown Miami will be the very 1st of its kind! The Standard is globally known as a chic, vibrant hotelier brand celebrated for its fun vibes and rich culture. The Standard brand is now teaming up with Carlos Rosso, Midtown Miami Developments and Arquitectonica to build the brand’s first residential tower, right here in Miami. The Standard Residences will be a 12-story condo building offering 228 pied-a-terre-style units ideally located in the Midtown neighborhood of Miami, steps from an array of entertainment, shopping and restaurants. The Standard Residences will offer open-concept floor plans ranging in size from 432 to 965 square feet offering studios, 1 bedrooms, 1 bedrooms + Dens and 2 bedrooms. Condos at The Standard will boast 9’ ceilings, floor-to-ceiling windows, smart technology, sleek Italian kitchens with premium Bosch appliances, stone countertops and detailed ceramic backsplashes, modern bathrooms with glass-enclosed showers with dual shower heads, dual vanities and brass fixtures, wood-grained porcelain flooring, in-unit washers/dryers and private terraces. This is more of a pied-a-terre-style condo building because it will afford owners a flexible rental program by allowing owners to lease out their units 12 times per year (minimum of 30 days), which is not common in condo buildings in Miami. The Standard Residences will offer its residents 34,000 square feet of amenities and amazing services. Amenities at The Standard will include 10,000 SF of ground-level retail, double-height lobby with social spaces, The Standard Café, resort-style rooftop deck, 60-foot swimming pool, whirlpool spa, rooftop restaurant and bar, fitness center with indoor/outdoor yoga, saunas and meditation studio, pickleball court, social lounge, karaoke bar, pet grooming spa, cinema and work floor with co-workspaces and private meeting rooms. Services at The Standard will include poolside food and beverage services, on-demand food delivery to residences from rooftop restaurant, 24-hour attended lobby, 24-hour concierge services and on-demand grocery service, housekeeping, dry cleaning, laundry, etc. Construction will begin this summer with an estimated completion in Q4 of 2023. Please visit our Standard Residences building page for more information about The Standard condos in Midtown Miami including a brand overview, deposit structure, amenities, floor plans, renderings and brochure. Mr. C Tigertail Residences Ignazio and Maggio Cipriani, brothers from the famed Cipriani family, have joined forces with developer David Martin of Terra to build Mr. C Tigertail Residences in Coconut Grove, a 21-story residential condo building to be located along Tigertail Avenue in the highly-sought-after bayfront neighborhood of Coconut Grove in Miami, Florida. Mr. C Tigertail Residences, which will be located at 2678 Tigertail Avenue, is the sister building to Mr. C Residences that will be located directly adjacent at 2655 S. Bayshore Drive. Mr. C Tigertail Residences was originally planned to be an apartment building; however, the sales at Mr. C Residences went so well, that the developers decided to turn the sister tower into a second luxury condo building which will also be completed in 2023. Condos at Mr. C Tigertail will have the same luxe interior finishes as Mr. C Residences but will feature more units. The 125 units in the Tigertail Tower will boast chic, sophisticated interiors beautifully designed by Meyer Davis ranging from one to four-bedroom layouts offering 10’ ceilings, floor-to-ceiling windows, European porcelain tile flooring, custom designed Italian kitchens by ItalKraft with beautiful Italian Terrazzo, Quartz countertops and premium Sub-Zero/Wolf appliances, spa-like bathrooms and private terraces boasting spectacular bay and city views. Although Mr. C Tigertail Residences does NOT have a hotel component, the residential condo tower will offer 5-star hotel-like amenities including a variety of dining options, in-home delivery from the signature café, private Bellini bar on the garden-level pool deck, exclusive rooftop pool (only in the Tigertail Tower), signature spa, Peloton studio, high-tech fitness center with lounge and juice bar, indoor yoga studio, business lounge, teen game lounge, Little C’s playroom, library, billiards room and much more! Mr. C Tigertail is estimated for 2023 completion. Please visit our Mr. C Tigertail Residences building page for more information about Mr. C Tigertail condos in Coconut Grove including deposit structure, amenities, floor plans, brochure and renderings. Aria Reserve Aria Reserve is a pre-construction condo development consisting of two, 62-story twin towers located along Biscayne Bay in the Edgewater neighborhood of Miami, Florida. Designed by Arquitectonica with development by Melo Group, Aria Reserve is on course to be the tallest waterfront residential twin condo towers in the United States. Aria Reserve will consist of a total of 782 luxury condo units, with each tower offering 391 units. Aria Reserve will feature four types of condos including Panoramic Residences, Skyview Residences, Penthouses and Penthouse Mansions. All units will boast dramatic floor-to-ceiling windows throughout, amazing direct-water views of Biscayne Bay and the Atlantic Ocean, expansive private terraces up to 11-feet deep, modern eat-in kitchens with integrated high-end appliances and chef’s islands and spa-like master bathrooms with rain showers and soaking tubs. Panoramic and Skyview Residences will offer 1 to 4-bedroom flow-through layouts ranging in size from 1,059 to 2,584 square feet while Penthouses will offer 4 bedrooms ranging in size from 2,930 to 3,260 square feet. Aria Reserve will offer only 3 unique Penthouse Mansions. Penthouse Mansions will range in size from 7,790 to 8,385 square feet, each offering 7 bedrooms and a private rooftop terrace with dining area, summer kitchen, living room, cabana bathroom and private pool. Aria Reserve will offer its residents extraordinary indoor and outdoor amenities. Outdoor amenities will include a water sports marina with paddle board and kayaking services, direct access to the Baywalk, semi-Olympic-size lap pool, lounge pool, poolside daybeds, children’s splash pad, hot tub, kid’s playground, dog park, miniature golf, tennis court, basketball court, paddleball court, telescope observatory area, meditation garden, BBQ with dining area, fire pit and valet parking. Indoor Amenities at Aria Reserve will include a Sky Lobby with lounge area, wine cellar room and business center, high-tech fitness center, yoga lounge, wellness spa, sauna, steam room, club room, kid’s playroom, movie theater, teen’s lounge/game room, restaurant overlooking the bay, café and 24-hour attended front desk. Aria Reserve is planned to break ground during the first quarter of 2022 and is estimated for completion in the summer of 2024. Please visit our Aria Reserve building page for more information about Aria Reserve condos in Edgewater including floor plans, renderings, brochures, amenities and deposit structure. Baccarat Residences Baccarat Residences is a 75-story glass waterfront condo tower that is planned to be located at 444 Brickell Avenue in the Brickell neighborhood of Downtown Miami, Florida with an estimated completion date of Q4 2025. Designed by Miami-based firm Arquitectonica and development by Related Group, Baccarat Residences Miami is the first ever collaboration between Related Group and SH Hotels and Resorts. This luxe building will offer 5-Star amenities and services curated by famed Baccarat Hotels & Residences with management by SH Hotels & Resorts, lush landscaping by award-winning Swiss architect Enzo Enea and elegant interior design by Meyer Davis Studio. Amenities at Baccarat Residences will be unmatched and will include a private marina, waterfront promenade, 10,000-SF signature waterfront restaurant, museum-quality art curated throughout common areas, 12th floor elevated amenities deck boasting heated saline swimming pool, cabanas, outdoor spa, summer kitchen and sun terrace, Grand Salon for private parties, club room, state-of-the-art fitness center curated by Altitude Fitness, Hammam spa, movie theater, game room, kid’s playroom, business center, gourmet market, wine cellar, pet spa, hair salon and much more! Residents of Baccarat Residences will enjoy top-notch services including 24-hour complimentary valet parking, 24-hour security, bespoke concierge services, house car limousine service, residential home oversight, 24-hour room service, IT technical support, personal shopping privileges available from Baccarat Preferred Partners and Baccarat Global Member privileges, which you can see detailed below. Additionally, residents will be certain to enjoy access to the Beach Club at 1 Hotel in South Beach including beach service and complimentary valet parking. Baccarat Miami will offer a total of 360 luxury units including 324 residences, 8 penthouses and 28 river flats/duplexes, with the smallest unit being 1,336 square feet. Units will offer open-concept flow through floor plans with 1, 2, 3 and 4-bedroom layouts offering private 8-foot-deep terraces with spectacular views of Biscayne Bay, the Miami River and the vibrant city skyline. Condos at Baccarat will also feature private elevators, 10-12’-ceilings, energy-efficient floor-to-ceiling windows/sliding glass doors, Chef’s kitchens with Italian cabinetry designed by Meyer Davis, stone countertops and high-end Wolf/Sub-Zero/Cove appliances, spa-inspired master bathrooms with stand-alone soaking tubs and frameless glass rain showers, laundry rooms and spacious walk-in closets. Baccarat is estimated for completion in Q4 of 2025. Please visit our Baccarat Residences building page for more information about Baccarat condos in Brickell including amenities, floor plans, renderings, brochure and deposit structure.
The Estates at Acqualina South Tower is Sold Out! North Tower Selling Remaining Residences Posted on February 17, 2022February 19, 2022 by Sarah Elles Boggs The exceedingly opulent Estates at Acqualina has passed a milestone. The south tower of the dual high rise development has officially sold out. The north tower is not far behind in sales as construction starts to wrap up and new owners anticipate their luxurious beach refuge, set to be delivered this year. According to the developer, the 154-residence south tower completed sales in December 2021. The two beachfront luxury skyscrapers each rise 50 stories, with the south tower topping off at 646 feet and the north tower topping off slightly higher. These match the tallest heights in Sunny Isles. Both towers have lobbies designed by the late fashion icon, Karl Lagerfeld. Limited inventory does remain at the 91-residence north tower. Most of the available purchase opportunities include 4 and 5 bedroom residences, priced between $92 to $10.7 million as well as a couple of penthouses. Completion of the north tower is also expected within a few months. Residences in The Estates at Acqualina’s sister buildings, Mansions at Acqualina, which was built in 2015, currently range from $6.9-$15 million. The original tower of the $1.8 billion development was built in 2006. Aqualina has residences ranging from $2.5-$4.5 million currently. Please click the links if you are interested in the most up-to-date resale inventory, or here if you would like to see our previous coverage of this star-studded development. If you are interested in a private tour or exclusive pricing on new units, 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.
JUST LISTED | Versace Inspired Condo with 1,029-SF Terrace at Muse | Offered at $2.575M Posted on January 27, 2020May 31, 2020 by Michael Light Michael and Jaimee Light of the Light Group at Douglas Elliman Real Estate are excited to introduce their newest luxury condo listing located at Muse Residences, a 49-story oceanfront condo tower offering only 64 units in Sunny Isles Beach, Florida. Unit 3802 at Muse Residences is a stunning 2-Bedroom, 2.5-Bathroom condo situated on the 38th floor offering 2,360 SF of designer interiors + a 1,029-SF private terrace featuring a summer kitchen and spectacular ocean, intracoastal and city views. This Smart iHome controlled residence offers a private elevator foyer, 11-foot ceilings, floor-to-ceiling impact-resistant windows/sliding glass doors, electric shades, marble flooring throughout and Versace wall designs. Expansive eat-in kitchen boasting picture window overlooking the Atlantic Ocean, book matched marble chef’s island with waterfall edge and breakfast bar, Italian cabinetry with wood accents, premium Wolf, Sub-Zero and Bosch appliances including induction cooktop, double wall ovens with warming trays, full-size integrated refrigerator and freezer, built-in microwave, espresso machine, dual dishwashers and 132-bottle wine refrigerator. Grand Master Suite featuring midnight bar with refrigerator, custom walk-in closet, terrace with spectacular water views and spa-like bathroom with marble flooring/wet walls, dual-sink vanity with mirrored glass television, glass-enclosed rain shower, soaking tub and separate water closet. This condo also includes an in-unit laundry room, 3 automated parking spaces, 2 storage units and 2 A/C zones. Muse Residences Unit 3802 Kitchen Muse Residences Unit 3802 Family Room Flow Through Muse is ideally located walking distance to shopping, parks and restaurants and offers private luxury amenities and services including direct beach access, vanishing-edge pool, spa, jogging path, high-tech fitness center, sauna, kid’s game room, breakfast gallery with bar and seating, concierge, Lifestyle building app, automated parking, 24-hr valet parking, 24-hr security, house car, on-site maintenance staff, in-home food/beverage services and complimentary pet walking services. If you are interested in a private viewing of Unit 3802 at Muse Residences in Sunny Isles Beach, please contact listing broker, Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com or michael@miamicondos.com. Muse Unit 3802 Residence Features Residence is Located on the 38th Floor Offering Spectacular Intracoastal, Ocean and City Views Residence Square Footage: Living: 2,360 Square Feet / 219 Square Meters Private Terrace: 1,029 Square Feet / 96 Square Meters 2 Bedrooms / 2.5 Bathrooms Smart iHome Controlled Remotely Private Elevator and Foyer 11-foot Ceilings Floor-to-Ceiling Impact Windows/Sliding Glass Doors Marble Flooring Versace Wall Designs Throughout Eat-in Kitchen with Wolf/Sub-Zero/Bosch Appliances Kitchen Features Dual Dishwashers, Dual Wall Ovens with Warming Tray and 132-Bottle Wine Refrigerator Master Suite with Midnight Bar and Custom Walk-in Closet Spa-Like Master Bathroom with Rain Shower, Soaking Tub and Mirrored Glass Television 3 Parking Spaces + Complimentary Guest Valet Parking 2 Additional Storage Units Expansive 1,029-SF Private Terrace with Summer Kitchen Offered at $2,795,000 REDUCED TO $2,575,000 Muse Building Features and Amenities 49-Story Oceanfront Tower Offering Only 64 Luxury Residences and Exclusive Amenities Ideally Located Walking Distance to an Array of Restaurants, Shopping, Cafes and Entertainment Building Designed Collectively by World-Renowned Architects Carlos Ott and Sieger Suarez Architectural Partnership Interior Design by Antrobus + Ramirez Chic, Sophisticated Lobby with Art Installations Direct Beach Access with Jogging/Bike Trail Vanishing-Edge Swimming Pool and Spa with Lounge Chairs State-of-the-Art Fitness Center with Sauna Kid’s Game Room Breakfast Gallery with Dining Room and Bar 24-hour Security and Doorman Concierge Services Lifestyle App for Residents Weekend House Car with Complimentary Airport Rides In-Home Food and Beverage Services Automated Parking and 24-hour Valet Parking Complimentary Pet Walking Services DOWNLOAD – Muse Residences 3802 Features Brochure DOWNLOAD – Muse Residences 3802 Floor Plan Muse Residences Unit 3802 Great Room Muse Residences Unit 3802 Great Room Flow Through Muse Residences Unit 3802 Family Room Flow Through to Great Room Muse Residences Unit 3802 Family Room Muse Residences Unit 3802 Dining Room Muse Residences Unit 3802 Kitchen Flow Through Muse Residences Unit 3802 Master Bedroom View Muse Residences Unit 3802 Master Bedroom Muse Residences Unit 3802 Master Bathroom Master Bedroom Unit 3802 Closet Muse Residences Unit 3802 Guest Bedroom Ocean View Muse Residences Unit 3802 Guest Bedroom Muse Residences in Sunny Isles Beach Muse Residences Pool and Beach Muse Residences Pool Muse Residences Pool Muse Residences Fitness Center Muse Residences Sauna Muse Residences Kid’s Room
A Look Back at the Top 9 Luxury Condo Sales of Last Year (2018) Posted on January 23, 2019 by Michael Light The Miami/Miami Beach luxury condo market is always a hot-button topic among real estate news outlets around the world. And, with many people questioning the stability of the luxury market, it is important for me to point out that there were 19 condos that sold over $10 Million in Miami-Dade County in 2018 (per MLS data). And, think about this…this list does NOT include developer inventory not on the MLS, which, if I had access to, would make this number much higher. In 2017, Palazzo del Sol PH 2 topped the list selling at $31,261,545, while topping the list in 2018 was the top-floor penthouse at 321 Ocean that included its own 36′ infinity pool on the roofdeck that is seen above. Top 9 Condo Sales of 2018 #1 321 Ocean PH | South of Fifth | Sold for $26,000,000 Closed on 05/11/2018 6,807 SF Living Area | 5,223 SF of Terraces 5 Bedrooms | 5.5 Bathrooms Sold for $3,819.60 Per Square Foot #2 Fendi Chateau PH-2 | Surfside | Sold for $18,500,000 Closed on 03/12/2018 7,489 SF Living Area | 5,220 SF of Terraces 4 Bedrooms + Den | 7.5 Bathrooms Sold For $2,470.29 Per Square Foot #3 Mansions at Acqualina PH45 | Sunny Isles Beach | Sold for $17,000,000 Closed on 02/28/2018 7,022 SF Living Area | 2,428 SF of Terraces 4 Bedrooms | 6.5 Bathrooms Sold For $2,420.96 Per Square Foot #4 Oceana Key Biscayne PH1-N | Key Biscayne | Sold for $15,000,000 Closed on 05/14/2018 8,252 SF Living Area | 9,000 SF of Terraces 5 Bedrooms + Media Room | 7.5 Bathrooms Sold for $1,817.74 Per Square Foot #5 Apogee South Beach #2104 | South of Fifth | Sold for $14,800,000 Closed on 03/01/2018 4,154 SF Living Area | 2,441 SF of Terraces 3 Bedrooms | 4.5 Bathrooms Sold for $3,562.83 Per Square Foot #6 Bayview at Fisher Island #4811/4821 | Fisher Island | Sold for $14,556,700 Closed on 08/06/2018 8,020 SF Living Area 5 Bedrooms | 5.5 Bathrooms Sold for $1,815.04 Per Square Foot #7 Continuum South Beach #3803 | South of Fifth | Sold for $13,750,000 Closed on 01/16/2018 4,968 SF Living Area | 487 SF of Terraces 4 Bedrooms | 4.5 Bathrooms Sold for $2,767.71 Per Square Foot #8 Apogee South Beach #1604 | South of Fifth | Sold for $13,500,000 Closed on 05/01/2018 4,154 SF Living Area | 2,441 SF of Terraces 4 Bedrooms | 4.5 Bathrooms Sold for $3,249.88 Per Square Foot #9 1 Hotel & Homes PH-1610 | South Beach | Sold for $13,500,000 Closed on 11/01/2018 3,955 SF Living Area 4 Bedrooms | 5.5 Bathrooms Sold for $3,413.40 Per Square Foot If you are interested in learning more about luxury condos in Miami, please contact Broker Associate, Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate and Founder/Owner of the Miami Luxury Homes Group at Douglas Elliman. You may reach Michael directly at (305) 350-9842 or michael@miamiluxuryhomes.com. Disclaimer: The information contained herein was retrieved from the Multiple Listing Service (MLS) on January 19, 2019 and developer floor plans. All information contained herein is for informative purposes only and should not be relied upon without representation.
Top 8 Uber-Luxe Condo Sales of 2017 (All Over $10M) Posted on January 3, 2018January 3, 2018 by Michael Light The Miami/Miami Beach luxury condo market is always a hot-button topic among real estate news outlets around the globe. And, with many people questioning the stability of the luxury market, it is important for me to point out that there were 8 condos that sold over $10 Million in Miami-Dade County in 2017 (per MLS data). And, think about this…this list does NOT include developer inventory not on the MLS, which, if I had access to, would make this number much higher. Topping the list for a second consecutive year was a luxury penthouse at Palazzo del Sol on the ultra-exclusive Fisher Island. In 2016, Penthouse 3 topped the list selling at $21,500,000, but the 2017 sale surpassed that by a landslide with the sale of the ultimate trophy Penthouse 2 selling for a whopping $31,261,545 in the summer of 2017. Top 8 Condo Sales of 2017 (Over $10M) #1 Palazzo del Sol PH 2 | Fisher Island | Sold for $31,261,545 Closed on 05/04/2017 9,715 SF Living Area | 8,595 SF of Terraces 7 Bedrooms | 7.5 Bathrooms Sold for $3,217.86 Per Square Foot #2 Porsche Design Tower PH 5601 | Sunny Isles Beach | Sold for $25,000,000 Closed on 03/31/2017 9,560 SF Living Area | 6,515 SF of Terraces | 3,328 SF of Garage Space 4 Bedrooms + Den | 6.5 Bathrooms Sold For $2,615.06 Per Square Foot #3 Palazzo del Sol Unit 7053 | Fisher Island | Sold for $16,500,000 Closed on 12/01/2017 9,826 SF Living Area | 1,797 SF of Terraces 7 Bedrooms | 7.5 Bathrooms Sold For $1,679.22 Per Square Foot #4 Faena House Unit 9A | Miami Beach | Sold for $12,500,000 Closed on 01/12/2017 4,730 SF Living Area | 1,516 SF of Terraces 5 Bedrooms | 6.5 Bathrooms Sold for $2,642.71 Per Square Foot #5 Faena House Unit 6A | Miami Beach | Sold for $13,000,000 Closed on 12/28/2017 4,720 SF Living Area | 1,526 SF of Terraces 5 Bedrooms | 6.5 Bathrooms Sold for $2,754.24 Per Square Foot #6 Oceana Bal Harbour UPH 02E | Bal Harbour | Sold for $14,490,000 Closed on 03/03/2017 6,145 SF Living Area | 4,957 SF of Terraces 3 Bedrooms + Den | 6.5 Bathrooms Sold for $2,358.01 Per Square Foot #7 W South Beach UPH 5 | South Beach | Sold for $10,200,000 Closed on 06/12/2017 2,912 SF Living Area | 690 SF of Terraces 3 Bedrooms | 3 Bathrooms Sold for $3,502.75 Per Square Foot #8 Regalia Unit 37 | Sunny Isles Beach | Sold for $10,100,000 Closed on 02/07/2017 5,515 SF Living Area | 2,085 SF of Terraces 4 Bedrooms | 5.5 Bathrooms Sold for $1,831.37 Per Square Foot If you are interested in learning more about luxury condos in Miami, please contact Broker Associate, Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate and Founder/Owner of the Miami Luxury Homes Group at Douglas Elliman. You may reach Michael directly at (305) 350-9842 or michael@miamiluxuryhomes.com. Disclaimer: The information contained herein was retrieved from the Multiple Listing Service (MLS) on January 2, 2018 and developer floor plans. All information contained herein is for informative purposes only and should not be relied upon without representation.
MLH Picks: Today’s Top 5 Miami Pre-Construction Condo Developments Posted on August 18, 2017August 23, 2017 by Michael Light The South Florida pre-construction condo market is constantly changing, so Miami Luxury Homes has picked our Top 5 pre-construction condo developments. These developments are what we consider the best overall buy, which does not mean the cheapest, necessarily. Our top picks are based on an accumulation of traits, such as location, value proposition, long-term value, architect, development team and amenities. Now, also keep in mind, every buyer has a different idea of the “perfect” residence or vacation home, so choosing the right pre-construction development ultimately depends on your wants and needs in a project. So, if you are interested in pre-construction condos, please do not hesitate to call me to discuss what would be the best investment for you specifically, whether you want to buy as a short-term investment or to hold long term. Ok, now let’s get to our top picks… #1 – Park Grove | Coconut Grove One Park Grove Living Room Park Grove, situated on the serene streets of Coconut Grove, topped our list as the best pre-construction condo project to buy today. This ultra-luxury condo development will consist of 3 exquisite towers spanning 6 acres directly on Biscayne Bay, beautifully designed by a team of world-renowned architects, designers and developers. Park Grove condo residents will enjoy high-class architecture by OMA’s famous Rem Koolhaas, interiors custom designed by the famous William Sofield, known for his historical yet modernist principles and creations of harmony between the aesthetically pleasing and everyday comfort, and the lushly landscaped gardens by Enzo Enea. Park Grove will offer only 276 custom residences within the 3 towers allowing it to be a more exclusive place to call home. Park Grove will feature absolutely stunning views of Biscayne Bay and is only steps from the Dinner Key Marina, Kennedy Park and the CocoWalk shops. Park Grove is currently under construction. Towers 2 and 3 are on schedule to be finished in Q4 of this year (2017) and Tower 1 is estimated for completion in Q4 of 2018. #2 – The Estates at Acqualina | Sunny Isles Beach The Estates at Acqualina Pool Amenities, Amenities, Amenities. Even though The Estates at Acqualina is our 2nd choice, it should not discount this absolutely extraordinary beachfront condo development that will offer gorgeous designed residences and will be loaded, I mean loaded, with over-the-top amenities. The Estates at Acqualina will consist of 2 luxury condo towers, 777 Via Acqualina which will offer 91 exquisite half and full floor residences and 888 Via Acqualina which will feature 173 luxury units. Residences at The Estates at Acqualina will offer expansive layouts and wrap-around terraces with outdoor living rooms, summer kitchens and breathtaking ocean views. The Estates at Acqualina will boast Villa Acqualina, which will feature 45,000 square feet of unprecedented amenities including a fitness center and wellness spa, a world-renowned 10,000-square-foot 5-star restaurant and Circus Maximus which is a full floor of awesome amenities including a Formula-1 simulator, an ice skating rink with a mural of the ocean, golf simulator, 4 bowling lanes, movie theater, Wall Street trader’s club room, billiard room and kid’s play room. The Estates at Acqualina will also feature 6 pools – a social pool, lap pool with spas, infinity-edge pool overlooking the stunning ocean, zero-entry children’s pool, children’s pool with water slides and a FlowRider pool, soccer field, Bocce court, running path, dog park, basketball court and volleyball court. The Estates at Acqualina amenities are certain to impress everyone. Residents of The Estates at Acqualina will also benefit from access to The Estates’ sister developments, Acqualina Resort & Spa and The Mansions at Acqualina. The impeccable service by Acqualina Resort & Spa, a Forbes 5-Star and AAA 5 Diamond Hotel, will ensure that The Estates at Acqualina provides an amazing and unique living experience. The Estates at Acqualina is estimated for completion in 2019. #3 – One Thousand Museum | Downtown Miami One Thousand Museum Terrace View The late, legendary starchitect Zaha Hadid really outdid herself on her last residential project One Thousand Museum, which is situated across from Biscayne Bay in the epicenter of Downtown Miami. The innovative 62-story luxury tower is the very first building in the country to use a glass-fiber reinforced concrete shell as the permanent frame for its innovative exoskeleton, which has been shipped in from Dubai. And, although the tower will stand 62 stories, it will actually be a boutique-esque tower as it only consists of 83 residences and will feature over-the-top amenities and services for its residents including an exclusive rooftop helipad, double-height aquatic center, indoor and outdoor pools and spas and so much more. One Thousand Museum is currently under construction at 539 feet above ground as of this week with decking at level 50 marking it at 76% of its final planned height at 706 feet above ground. One Thousand Museum is scheduled to be completed in 2018, and there are only a limited number of the 83 total residences still available at this 6-star luxury condo development. #4 – Monad Terrace | South Beach Monad Terrace Penthouse Residence Brilliantly designed by highly-famed Pritzker-prize-winning architect Jean Nouvel, Monad Terrace is truly an architectural masterpiece composed of only 59 bespoke waterfront residences beautifully wrapped around a glittering lagoon on Biscayne Bay, providing natural light indoors that seamlessly flow through the expansive outdoor spaces while being sheltered by climbing gardens. Each residence at Monad Terrace is strategically oriented to maximize the views, while simultaneously providing privacy. Residences boast 10-foot ceilings, floor-to-ceiling windows, custom oak wood flooring, custom flush doors and a unique black Zeus marble and black mirrored entrance. Gourmet kitchens and bathrooms at Monad Terrace are exclusively custom designed by Ateliers Jean Nouvel, striking a balance of discretion and boldness. Kitchens feature Calacatta Gold marble surfaces, sculptural cantilevered marble islands, mirrored honeycomb glass cabinets and fully-integrated premium Gaggenau appliances. Master bathrooms boast Calacatta Gold marble flooring and slab walls, free-standing soaking tub, steam showers and Vola fixtures, while secondary bathrooms offer floating wood vanities, Sugar Gold marble countertops and concealed lighting and powder rooms feature Verti Capri stone. Monad Terrace also offers bespoke, luxury amenities to effortlessly suit the residents of this creative residential work of art. Amenities include a lagoon fitness and wellness center, exclusive bicycles and paddle boards, residents’ social lounge, café and juice bar, a sun deck overlooking Biscayne Bay that offers a 116-foot-long swimming pool, hot tub and pool service, in addition to 24-hour security, concierge services and full-service valet parking. If you are looking for a trophy penthouse in South Beach for a reasonable price, then you definitely have to check out PH-A at Monad Terrace, which is truly a one-of-a-kind, spectacular residence offering 4,863 square feet of elegant interior living space with soaring double-height ceiling heights up to 18 feet and floor-to-ceiling glass throughout with direct bay, lagoon and ocean views. This penthouse also offers 5,196 square feet of multi-level outdoor living space including a private elevated rooftop with a hot tub, pool and a pergola to perfectly shade the outdoor lounge, dining and kitchen areas amid lush organic foliage. #5 – Turnberry Ocean Club | Sunny Isles Beach Turnberry Ocean Club Duplex Residence Turnberry Ocean Club literally has the mother of all amenities…private jet parking. As an owner at Turnberry Ocean Club Residences, you will enjoy access to the Fontainebleau Aviation facility, located at the Opa-Locka Executive Airport (OPF) in Miami offering extraordinary luxury, attention to detail and comfort that are synonymous with the celebrated Fontainebleau name. Owners will enjoy privileges at Fontainebleau Aviation that include priority access and services, access to aircraft maintenance, aircraft detailing, full-service concierge on site to accommodate all catering and transportation needs and discounted fuel services and aircraft parking rates…the perfect complement to the ultra-luxury oceanfront lifestyle available only to residents at Turnberry Ocean Club. Turnberry Ocean Club is a stunning, modern glass tower soaring 54 stories with only 154 large and exclusive residences on 48 residential floors. Further, The Residences at Turnberry Ocean Club will be Miami-Dade’s first and only lavish oceanfront tower offering 6 full floors (~70,000 square feet) of private (YES, PRIVATE) amenities, including the exquisite $100 Million “Sky Club,” catering to only 154 residences, providing residents with a truly unique, unparalleled lifestyle experience. Created by Beach Club Acquisition LLC, an affiliate of Turnberry Associates, which is America’s premier real estate developer led by CEO Jeffrey Soffer, Turnberry Ocean Club offers expansive residences ranging in size from 2,900 square feet to 10,750 square feet offering 3 to 6 bedrooms plus family rooms and full-service staff quarters. Each residence boasts 11+-foot-deep oceanfront terraces with summer kitchens and private pools and hydrotherapy spas in select residences. Each home features direct stunning views of the Atlantic Ocean and Biscayne Bay providing unmatched sunrises and sunsets. Turnberry Ocean Club broke ground on November 15, 2016. Turnberry Ocean Club is estimated for completion in Q4 of 2019. Interested in Purchasing a Pre-Construction Condo in Miami??? If you, or someone you know, are interested in a pre-construction condo investment, please contact Michael Light, Broker Associate and Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael at (786) 566-1700 or michael@miamiluxuryhomes.com. Disclaimer: The information contained herein is a matter of opinion and for informative purposes only, and should not be solely relied upon in your decision-making process to purchase real estate.
JUST LISTED | 3-Bed St. Tropez Condo in Sunny Isles Beach Offered at $790,000 Posted on May 3, 2017May 3, 2017 by Michael Light Michael Light and Andrew McCreary of The Miami Luxury Homes Group at Douglas Elliman have just listed a beautiful 3-bedroom, 2-bathroom condo offering a spacious wrap-around terrace and direct Intracoastal water views in Tower 3 at the Mediterranean-style St. Tropez in Sunny Isles Beach for an exceptional price of $790,000. Unit 1703 in Tower 3 at St. Tropez is a 1,615 square-foot (under a/c) unit in exceptional, move-in ready condition that offers floor-to-ceiling high-impact glass windows and sliding glass doors throughout to allow an abundance of natural light to flow through the residence. This luxury condo also boasts marble flooring throughout, an expansive European-style kitchen boasting a breakfast bar and premium stainless-steel appliances and a master suite with an oversized walk-in closet and spa-inspired bathroom with a soaking tub and glass-enclosed shower. This residence also offers an in-unit laundry room with a full-size washer and dryer and an additional storage unit. If you, or someone you know, are interested in a private viewing of this luxury condo at St. Tropez in Sunny Isles Beach, please contact Michael Light on his cell phone at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. St. Tropez Tower 3 Unit 1703 Terrace View St. Tropez Tower 3 Unit 1703 Kitchen St. Tropez Tower 3 Unit 1703 Kitchen Flow Through St. Tropez Tower 3 Unit 1703 Living Room St. Tropez Tower 3 Unit 1703 Master Bedroom About St. Tropez Designed by acclaimed architect Kobi Karp, St. Tropez consists of 3 boutique mid-rise towers nestled on the Intracoastal Waterways in Sunny Isles Beach. The trio of towers is situated on a common base that features a street-level Towne Center offering European-style cafes and restaurants and a pedestrian promenade. St. Tropez offers exceptional amenities including 5-star concierge services, 24-hour valet/security services, a fitness club with a fully-equipped gym, spa and beauty center, waterfront resort-style pool deck with pool, spa and cabanas and a private beach club offering an array of services including complimentary lounge chairs, umbrellas, towel services and available food and beverage attendants. St. Tropez Tower 3 Swimming Pool St. Tropez Site Plan St. Tropez Tower 3 Unit 1703 Floor Plan
Miami Luxury Homes Picks: Top 9 Real Estate Stories of 2016 Posted on January 6, 2017 by Michael Light 2016 was an interesting, but great year, so Miami Luxury Homes has rated its Top 9 Real Estate Stories of 2016…in no particular order. 1. Miami Condo Market is Far From a Bust: Response to the Wall Street Journal 2. New Order Affecting All-Cash Luxury Real Estate Purchases in Miami Starts Today 3. Redesign of Miami Worldcenter—From “Mall” to Open-Air, Lincoln Road-Esque shopping District 4. The Miami River is Experiencing a Resurgence 5. Camp Biscayne’s “Hammock House” Brings the Outside In (VIDEO) 6. Seller Beware: Agents Will Try to “Buy” Your Listing? 7. Canadian Sellers Grab Instant 45% Return Due To Exchange Rate 8. The Mother of all Amenities: Private Jet Parking for Turnberry Ocean Club Buyers 9. Rockwell Island Luxury Homes in Bimini | Exclusive Video Tour of Genting Group Chairman K.T. Lim’s Estate Although many naysayers predicted that the sky was going to fall in Miami, it was far from that. Because of the crazy (GOOD CRAZY) few years we have had with prices skyrocketing, the market had to stabilize itself, and that’s what it did in the 2nd half of 2016…prices leveled off, inventory rose, and we slowly shifted into a buyer’s market. We all know that international buyers LOVE Miami. But, just like a game of whack-a-mole, when one group backs off, another steps up, and that is what is happening with buyers from Canada. According to a recent report by the Miami Association of Realtors, Canadians have surpassed Colombians as the top buyers of South Florida real estate. And, we have seen an even greater number of domestic buyers than ever before. 2017 should be very interesting… If you are interested in learning more about the Miami real estate market, please contact broker Michael Light, Director of Luxury Sales at Douglas Elliman. You may reach Michael on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.