Tag Archives: Luxury condos

Kim Kardashian Kanye West Faena House

See Inside Kim Kardashian’s New $14 Million Miami Beach Condo

Neighbors at Miami Beach’s “Billionaire Bunker,” Faena House, are about to receive some very high-profile neighbors. Kanye West and Kim Kardashian are in contract to purchase an oceanfront 4 bedroom apartment that is set to close in January.

Unit 5A was originally listed for $15.5 million, but sources close to the seller report that it is in contract for $14 million with a quick closing to the superstars. The famous family is certainly no stranger to top-of-the-line real estate. They are notorious for making amazing deals on opulent properties and this apartment is no different.

The Faena Complex was envisioned by Alan Faena, the famous Argentinian developer and includes a 5-star hotel as well as an art complex designed by Rem Koolhaas. The residential tower was designed by Foster+Partners, featuring a stunning and iconic curved modern design.

The new Kardashian-West beachfront home features a total of 6,246 square feet including the terrace (4,730 interior square feet). The condo is designed by Fanny Haim and custom finishes by Molteni. Have a look at the stunning interior!

Kim Kardashian Kanye West Faena House

Kim Kardashian Kanye West Faena House

Kim Kardashian Kanye West Faena House

Kim Kardashian Kanye West Faena House

Kim Kardashian Kanye West Faena House

Kim Kardashian Kanye West Faena House

Kim Kardashian Kanye West Faena House

Kim Kardashian Kanye West Faena House

Kim Kardashian Kanye West Faena House

Kim Kardashian Kanye West Faena House

Kim Kardashian Kanye West Faena House

Kim Kardashian Faena House

Kim Kardashian Faena House

Kim Kardashian Faena House Dining Room

Faena House Pool

Faena House View

continuum on south beach north tower

Bloomberg: Miami Is Hotter Than Ever | Robb Report: Not So Much

While most of the Eastern and Midwestern United States is bracing for what President Trump calls a “brutal and extended cold blast that could shatter all records,” Bloomberg is reporting that “Miami is Hotter Than Ever.”

Last week they published this video highlight, showing some of the neighborhoods that are popular to visitors including Coconut Grove, Little Havana and Wynwood. They also remind viewers that the average temperature in Miami is 75 degrees and it is the second most visited city by international visitors in the United States.

It isn’t just our amazing weather and convenient location that make Miami such a desirable destination either. Back in the Spring, CNBC published a report that New York and California could lose 800,000 residents to Florida over the next 3 years due to the new tax bill. Connecticut, New Jersey, and Minnesota could also lose a combined 500,000 residents.

The tax changes limit deductions of state and local taxes to $10,000, making Florida incredibly attractive to high-earning taxpayers. The fact that Florida has no state income tax and reasonable local taxes compounds its attractiveness.

Not Everyone Has Such A Rosy Outlook

While Bloomberg and CNBC are singing praises for the Miami market, other news outlets are predicting a crash and I feel it is important to speak on this topic from the perspective of an active agent on the ground in Miami and Miami Beach.

Local real estate doomsday predictor, Peter Zalewski has been making the rounds, giving quotes to any outlet who will listen about the impending crash that Miami is facing. While we are friendly with Zalewski and respect his opinion, many of the stories are simply misleading.

Last week, The Robb Report published a story asking the question of whether the luxury property market is headed for a downward spiral? I will admit that the Miami and Miami Beach luxury market has experienced a slowdown from some market segments and increased inventory, but this does not mean that it is in a downward spiral. It means that buyers have more to choose from.

According to MLS data for 2016, 2017 and 2018 YTD, you can see that the average price per foot has not changed much, nor has the average negotiation amount. The number of closings has even increased slightly in 2018 over the last two years and we still have 5 weeks of 2018. The neighborhoods I used for this report were Miami Beach resales from Fisher Island to North Beach. I also only looked into residential properties of $3 million and up. (In another report, I will address the reality of Brickell, Edgewater, Coconut Grove, and Sunny Isles as well as more detailed reports for Miami Beach.)

The Robb Report also went on to discuss the drastic price cuts that have recently graced the headlines including the $5.75 million sale of Zaha Hadid’s personal apartment at the W Miami Beach. It has previously been listed for $10 million.

Just last week, the opulent Le Palais Royal in Hillsboro Beach sold for a rumored $41 million after 11 buyers competed at a no-reserve auction for the property. It had previously been listed for a staggering $159 million. As you can see from the listing photos below, the property is certainly over-the-top (in my opinion it looks like a Vegas resort), but was it ever worth $159 million? No.

It was worth $41 million because that’s what a buyer was willing to pay.

*Story continues below

Pricing a property for an astronomically high price makes for great media coverage, then more media coverage when it sells for market value, but it does nothing to sell for more than what the property is actually worth.

A better strategy is to avoid hiring the agent who will list your property for any price. Hire the agent who will speak candidly with you about what it’s worth. Hire the agent who has the contacts and tools to market your property to actual buyers who will actually be interested in it and actually have the means to buy it.

If you are looking to purchase a property, it is important to hire the agent who knows the market inside and out, the person who knows of possible fluctuations on the horizon and will be candid with you about what is happening. Be honest with that agent about your goals and taste. That is how you will most efficiently have your goals met and avoid paying $159 million for a $41 million property.

All in all, I have to agree with both Bloomberg and The Robb Report. Miami is very hot, a desirable place to live and we have some very beautiful properties to choose from. Are there more options today than last year? Yes. But the numbers indicate that this does not necessarily mean we are in a downward spiral because we are not.

If you would like to speak with us about your goals to move to Miami or to change homes, we are always here to help. As your experts on the Miami Beach and Greater Downtown Miami real estate market, we can help you identify and close on your new dream home. Contact our team today.

Phone: +1 (305) 791-2349
Website: Miami Beach Real Estate Experts
Facebook: https://www.facebook.com/billandbryanteam

Prive Island Miami Condos

Prive Offers Private Island Penthouse Living for $5.9M

Prive Island Miami Condos

Prive Island Penthouse Layout

If you have ever dreamed of living on a full-service private island with a rooftop pool, look no further than the Prive Penthouse. A short drive down Island Estates Drive on Williams Island will dead-end into your opulent destination, Prive Island, which opened in the summer of 2018.

The twin 16-story towers each contain 80 homes with private elevators and flow-through layouts, which are currently 85% pre-sold. The crown jewel of these residences is the penthouse collection, with each penthouse featuring a rooftop pool and garden overlooking the water. Although four penthouses remain, today I would like to feature Penthouse 06, as it has received a price reduction of over $600,000 this week, down to $5.9 million. Until this September, the penthouse was priced at $8.5 million.

With over 4,750 square feet of interior space, the new listing price represents just $1,240/square foot of interior space, which is really a great price for a penthouse on a private island! Inside the apartment, owners enjoy 15-foot ceilings as well as skyline and water views from all rooms. There are 5 full bedrooms and 6 baths with a powder room for guests and a service suite. Outside, there is a 3,280 square foot terrace with a full-sized rooftop pool that is private to the residence as well as a summer kitchen.

On the island, owners have access to a private marina for yachts up to 150-feet in length, and expansive pool deck with sunrise and sunset views, a jogging trail around the island and a lighted tennis court. Inside the amenity center, residents have access to a two-story 10,000 square foot gym/spa with a view of the toddler play room, a private dining room with catering kitchen, wine cellar and tasting room, cigar lounge and a business center. A handful of guest suites are available for purchase on this level, however these are an upgrade to an already-purchased apartment. They are not available to the general public.

Aside from the penthouse units, tower residences are available between $2.1 million and $3.6 million, or for a shorter commitment, they are available to rent for $11,250 to $16,500 per month. The prices do change frequently, so if you are interested in a tour or more specifics about the property, just let us know.

As your experts on the Williams Island/Prive Island real estate market, we can help you identify and close on your new dream home. Contact our team today.

Phone: +1 (305) 791-2349
Website: Miami Beach Real Estate Experts
Facebook: https://www.facebook.com/billandbryanteam

 

Prive Island Miami Condos

Prive Island Wine and Cigar Lounge

Prive Island Miami Condos

Prive Island Teen Room

Prive Island Miami Condos

Prive Island Spa

Prive Island Miami Condos

Prive Island Porte Cochere

Prive Island Miami Condos

Prive Island Penthouse Pool Deck

Prive Island Miami Condos

Prive Island Penthouse Layout

Prive Island Miami Condos

Prive Island Outdoor Dining

Prive Island Miami Condos

Prive Island Living Area

Prive Island Miami Condos

Prive Island Flow Through Layout

Prive Island Miami Condos

Prive Island Lounge

Prive Island Miami Condos

Prive Island Bath

Prive Island Miami Condos

Prive Island Social Room

Prive Island Miami Condos

Prive Island Pool Deck

Prive Island Miami Condos

Prive Island Bath

Prive Island Miami Condos

Prive Island Library

Prive Island Miami Condos

Prive Island Master Bath

Prive Island Miami Condos

Prive Island Tennis

Prive Island Miami Condos

Prive Island Site Plan

Prive Island Miami Condos

Prive Island Pool

Prive Island Miami Condos

Prive Island Miami Condos

Prive Island Miami Condos

Prive Island Miami Condos

Prive Island Miami Condos

Prive Island Miami Condos

Prive Island Miami Condos

Prive Island Beach Club

Prive Island Miami Condos

Prive Island Marina

Prive Island Miami Condos

Prive Island Lobby

Prive Island Miami Condos

Prive Island Kitchen

Prive Island Miami Condos

Prive Island Kitchen

Prive Island Miami Condos

Prive Island Billiards Room

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Tops Off At 52 Stories

The new crown jewel of Sunny Isles Beach, The Ritz Carlton Sunny Isles, has topped off at 52 elegant floors and anticipated to open at the end of 2019.

Designed by Arquitectonica and developed in a partnership between Chateau Group and Fortune International, the new super-luxury residence offers 250 linear feet of private beach, interiors by Michele Bonan and spacious floorplans boasting ocean, city and Intracoastal views. There will be 207 total residences ranging from 1,605 square feet to 3,640 square feet and 4 penthouses that span up to 7,688 square feet. Although the property will be managed by The Ritz Carlton Hotel Company, it will be 100% residential with no hotel component on site.

The Ritz Carlton Sunny Isles Amenities

As residents arrive to The Ritz Carlton Sunny Isles in the grand porte-cochere, they will be greeted by an impressive 2 story lobby backed by a 4 story glass wall overlooking the pool and Miami Beach sand. The 24-hour doorman is available to assist with anything the residents need including arrival preparations and stocking the kitchen, wake-up calls, sommelier, and personal shopping. There is even fuel delivery service so that your car is ready to go when you arrive and you do not have to lift a finger before getting to the fun that Miami Beach has to offer.

On the 33rd level, owners will find the private Club Level Amenities. There is a lounge, bar area, private dining area, business center, and library as well as a theater. Eight guests suites are available to be booked by owners for their guests.

Outdoors, residents will enjoy private beach access with cabanas, lounges, and umbrellas. The beach restaurant will offer pool and beach service or delivery to the residence. The infinity pool offers a seamless connection from the building to the ocean with an outdoor massage area, two jacuzzis and a second pool for laps. The children’s play area offers a splash pad and an indoor section.

Inside the apartments, no detail has been overlooked. Each residence has a private elevator and a separate service elevator. The kitchens are outfitted with Gaggenau appliances including a wine cooler and cappuccino maker. Italian-designed Caesarstone quartz countertops create an elegant look and 10-foot ceilings give an open and airy feel (penthouse units are upgraded to 13-foot ceilings).

Aside from the upgrade of ceiling height, the penthouse residences include expanded terraces that range from 2,000-4,000 square feet, private pools, service quarters and 360-degree views. The upper penthouse has an impressive 60-foot tall glass wall in the main living area!

Although the building has been very popular with buyers, a handful of ownership opportunities remain. Two bedroom plans start at $2.6 million up to $3 million, three bedroom plans range from $4 million to $4.9 million and four bedroom layouts with staff quarters are $5 million to $5.5 million. Remaining penthouses are priced by request.

If you are interested in a tour or more specifics about the property, just let us know.

As your experts on the Sunny Isles Beach real estate market, we can help you identify and close on your new dream home. Contact our team today.

Phone: +1 (305) 791-2349
Website: Miami Beach Real Estate Experts
Facebook: https://www.facebook.com/billandbryanteam

 

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Ritz Carlton Sunny Isles Condos

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Eighty-Seven Park by Renzo Piano Tops Off

One of the most unique boutique buildings in Miami Beach, Eighty-Seven Park, has topped off and is slated for completion in 2019.

Designed by the Pritsker Prize-winning Renzo Piano, Eighty-Seven Park will bring a new level of luxury to the Surfside/Bal Harbour area. The building has 18 floors and just 70 residences overlooking the 35-acre North Shore Park and the Atlantic Ocean. It is located on the northernmost lot in Surfside, so is still incredibly close to Bal Harbour. One of the aspects I love most about the building is that residents will enjoy the public park to the south as well as a private park to the north, giving an atmosphere of serenity while still offering all of the services a luxurious building of this caliber should offer. There is no other location in Miami like 8701 Collins, which is where 87 Park earned its name.

Inside the development, residents of 87 Park will enjoy butler service, 24-hour concierge and security, beach service and a program director. There will be an on-site botanist to ensure that the lush greenery in the common areas is curated perfectly depending upon the seasons.

While socializing with the small group of neighbors, residents can enjoy two oceanfront pools with cabanas, on-site salon, wine bar, a business center, and private picnics in the park. The Fugo Bar on-site will offer cold-pressed juices and organic food and each resident will receive a key to the private park just north of the building, similar to the coveted luxury buildings in New York City surrounding Gramercy Park. The private park will be outfitted by the same designers who built Governor’s Island in New York.

Inside the apartments, residents will have floor to ceiling glass walls with sweeping views of the beach and park and telescopic doors that allow the sea breeze to flow through the apartment on beautiful 75-degree winter days. The kitchens are finished with Wolf and Sub-Zero appliances and buyers have their choice of an array of natural oak plank floorings, or natural stones.

Given that the building is nestled between two parks and the ocean, Mr. Piano has designed the terrace to appear as though they float over the sea & park. Depending upon the layout, some of the terraces even add an additional 75% to the square footage of the home.

As of today, the project is 80% sold with buyers including Michael Huffington, the Conde Nast family and tennis star Novak Djokovic. You can become a neighbor as well. Although the project is nearly sold out, a nice mix of layouts are available including 2 bedroom plans from $3.1 million up to the $45 million multi-level penthouse. Please let us know if you would like to speak about a specific floor plan or view. We are always here to help. In the meantime, you can browse the floorplans here as well as the photos and video below.

The lobby of 87 Park in Surfside.

The lobby of 87 Park in Surfside.

The juice bar at 87 Park in Surfside Florida.

The juice bar at 87 Park in Surfside Florida.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Inside Eighty-Seven Park by Renzo Piano in Surfside, FL.

Learn more about other luxury condo buildings near 87 Park:

St Regis Bal Harbour

Fendi Chateau

Surf Club Four Seasons Residences

Oceana Bal Harbour

The new Managing Director of Resident Services at One Thousand Museum, Jason Kaye

One Thousand Museum Welcomes Managing Director of Resident Services

Ramping up for their grand opening, One Thousand Museum by Zaha Hadid Architects has welcomed Jason Kaye as their Managing Director of Resident Services.

Mr. Kaye is an industry veteran and will oversee all onsite operations and lifestyle partners, according to a press release from the development. He will also oversee hotel-level lifestyle partners for the residents of the super-luxury building. If residents need transportation, spa or wellness services, culinary or other lifestyle purveyors, Mr. Kaye will have a solution on-hand. He will also select the first Curator of Hospitality, tasked with catering to every owner’s unique needs whether they are in Miami or vacationing across the world.

This will complement the building’s world-class amenities and offerings including a wellness and fitness center complete with an organic food and juice bar, sky lounge for entertaining, chauffeur service to the beach and cultural hotspots, and more. Management will also be able to arrange transportation via the onsite helipad to and from private FBOs and nearby islands and destinations.

A Miami Beach native, Kaye is uniquely familiar with the local community and has spent the bulk of his illustrious hospitality career overseeing the day-to-day of several high-profile properties.

Kaye’s successful career in the hospitality industry spans 20 years, 15 of which were spent overseeing operations for three oceanfront resorts with over 800 units and a staff of more than 250 people. Upon his return to South Florida in 2011, Kaye joined Marquis Association Management as the Director of Operations, where he oversaw multiple luxury condominiums. For One Thousand Museum, Marquis Association Management created a true five-star, service-driven model specifically for the building.

“One Thousand Museum is arguably Miami’s most anticipated property, and I look forward to putting together a world-class team that will provide an unparalleled lifestyle experience for our owners,” said Jason Kaye. “The building will raise the standard of luxury living, set within a striking Zaha Hadid-designed work of art. We will always conduct ourselves with the One Thousand Museum service pillars in mind: passion, impeccable detail, enthusiasm and humility.”

“With his extensive career and intricate knowledge of what hospitality means in the luxury sphere, Jason will make a great asset to One Thousand Museum and its residents,” said Louis Birdman, co-developer of One Thousand Museum.

There are a few purchase opportunities remaining, ranging from $5 million half-floor residences to the $55 million penthouse. If you are curious about the specifics of the building and/or the purchase opportunities, we are happy to help.

Fisher Island Palazzo del Sol Caroline Wozniacki

Fisher Island Condo Welcomes Caroline Wozniacki & David Lee

Could it be that Caroline Wozniacki and David Lee are anticipating the pitter-patter of little athletically-gifted feet in the near future? Judging from the size of their new $13.5 million condo at Palazzo del Sol on exclusive Fisher Island, that certainly could be the case.

The betrothed sports stars have been quiet about when their wedding date may be, but have emerged as the buyers of this 10,000+ square foot opulent new home with 5 full bedrooms, 5 bathrooms and expansive terraces. Over 2,500 square feet of terraces wrap around the apartment, offering six additional outdoor living areas with views of the Biscayne Bay, South Beach, Port of Miami, Miami Skyline as well as the Fisher Island Golf Club.

It may seem presumptuous that we would anticipate little basketball/tennis prodigies so soon, but the famous couple did mention their intentions for a family to Hamptons Magazine in August of this year.

“Looking to the future for me, I hope to be known as not only an athlete but, once I have a family, also as someone who raised her kids to be good people. That would be amazing,” Wozniacki told Hamptons Magazine in an exclusive interview.

Wozniacki has been settled on the island for several years already, enjoying a slew of amenities including both clay and grass tennis courts to practice on. Regarding the tennis courts and the Fisher Island lifestyle, she told Hamptons Magazine, “They named the hard courts after me—that was such a great honor. I love Fisher Island. It’s so safe and there’s so much going on. You see generations that have lived there forever: kids, parents, grandparents. You’re so close to the buzz and the restaurants [of Miami], but at the same time, when you’re there you feel so relaxed and calm. It’s an amazing place. Mostly we stay at home, but if we’re really adventurous, we’ll go to Milos or Soho House. We like the laid-back lifestyle.”

If they do expand their family in the near future, the kids will enjoy a private beach, an aviary with flamingos, parrots, peacocks and all sorts of other tropical birds, a private school and a host of restaurants. Palazzo del Sol, where their new home is located, also has an amazing children’s play area with an indoor treehouse.

On top of being sports pros, it seems the power couple is also skilled in matters of business. They were able to negotiate a discount of over 20% on their purchase. The property had originally been listed for $17.4 Million. Remaining purchase opportunities range from $7.3 million to $20.2 million, depending upon the individual layout of the apartments and individual amenities offered. Some have private rooftop pools, some have private bayfront pools, among other perks. If you would like more specifics, do not hesitate to reach out. We are happy to help.

Here are more photos of Caroline & David’s new home:

Fisher Island Palazzo del Sol Caroline Wozniacki

Inside the 5 bedroom Fisher Island condo recently purchased by Caroline Wozniacki

Fisher Island Palazzo del Sol Caroline Wozniacki

Inside the 5 bedroom Fisher Island condo recently purchased by Caroline Wozniacki

Fisher Island Palazzo del Sol Caroline Wozniacki

Inside the 5 bedroom Fisher Island condo recently purchased by Caroline Wozniacki

Fisher Island Palazzo del Sol Caroline Wozniacki

Inside the 5 bedroom Fisher Island condo recently purchased by Caroline Wozniacki

Fisher Island Palazzo del Sol Caroline Wozniacki

Inside the 5 bedroom Fisher Island condo recently purchased by Caroline Wozniacki

Fisher Island Palazzo del Sol Caroline Wozniacki

Inside the 5 bedroom Fisher Island condo recently purchased by Caroline Wozniacki

 

Missoni Baia Bayfront Infinity Pool Edgewater Miami

Missoni Baia in Edgewater Begins Vertical Construction

One year after their groundbreaking celebration that garnered attention with their formally-dressed saxophonist on a fly board over the bay, Missoni’s first condo building has begun vertical construction. All of the foundation work has been completed and the vertical ascent is now obvious above street level.

Missoni Baia Edgewater Construction Update

Missoni Baia Edgewater Construction Update

When completed, the 57-story tower will feature custom tapestries and tile work throughout the amenity areas by Missoni, floor-to-ceiling windows in each of the 249 residences, each with a sweeping view of the bay, the skyline or both. The building is situated on 200 linear feet of bayfront land in Miami’s booming Edgewater neighborhood. It is located just blocks from Related Group’s IconBay and Paraiso developments.

Prices of the residences start in the $500,000’s. If you would like specific floor plans or to speak about owning a Missoni condo, don’t hesitate to reach out. We are available to help and to get you the best deal. Meanwhile, enjoy this video that details the project including an interview with the developer, Vladislav Doronin.

Fisher Island Miami Beach Private Club

Tour The Exclusive Fisher Island Private Club With CNBC’s “Secret Lives of the Super Rich”

If you have been curious about what exactly makes Fisher Island such an exclusive address aside from the fact that it is routinely on every one of the “Most Expensive Neighborhoods” lists, here is your chance to enjoy a video preview with CNBC’s “The Secret Lives of the Super Rich.” Sissy DeMaria, a resident of the exclusive enclave and island spokesperson allowed camera crews to cross the channel on the Fisher Island Ferry and document much of what the island has to offer.

The tour showcases the opulent Vanderbilt Mansion, once a winter weekend getaway for the famous family that is now the members-only clubhouse with a restaurant, piano bar, billiard area, and private pool. Residents also enjoy a private beach with white sugar sand that is imported from the Bahamas, a beach club, sunset bar, and a hand-rolled sushi bar.

Sports enthusiasts are pleased to see both clay and grass tennis courts as well as a golf course with a separate restaurant that offers a full menu of fresh salads, sandwiches, and a carving board buffet.

In addition to the clubhouse and sports amenities, residents enjoy their own aviary with flamingos, parrots and all sorts of tropical life. The smaller residents can even attend the posh Fisher Island Day School that boasts a lower student-to-teacher ratio than competing schools and high acceptance rates to the highest ranked private high schools in the area.

Residents can access the island via private boat (the marina can accommodate watercraft up to an astounding 200 feet), helicopter or via the ferry. If you access the island as a guest via the ferry, be prepared to answer to strict security because this is one of the highest security neighborhoods in the United States, even with its own patrol house located centrally on the property.

There are only 700 residents on Fisher Island and most consider it their weekend or vacation homes. Some notable neighbors include Oprah Winfrey, Andre Aggasi, and Robert Herjavek among others. Condos are offered for up to $30 million and feature floor plans larger than most any single family home.

If you would like to learn more about individual purchase opportunities including the newly-constructed Palazzo del Sol and Palazzo della Luna, please reach out. We are happy to answer any questions and offer a tour.

CNBC’s Secret Lives of the Super Rich: Fisher Island Club from Kreps DeMaria PR & Marketing on Vimeo.

Waldorf Astoria Miami

Waldorf Astoria Is Coming To Downtown Miami

Property Markets Group (PMG) has finally announced what is in store for 300 Biscayne, a lot on which they have been quietly planning “something amazing” for over a year. It was released today that Miami is getting a Waldorf Astoria!

At 1,049 feet, it will surpass Panorama Tower as the tallest building in Miami and will become the tallest building South of Manhattan. Even New York’s iconic Chrysler Building stands 1,046 feet in the skyline, so this is really something significant. The tower is designed by Miami’s Sieger Suarez Architects, who are also responsible for the designs of South of Fifth’s Apogee, Murano Grande, Marea as well as Muse in Sunny Isles and Privé in Aventura among others. All of these buildings are stars in our skyline and with the stacked cube design of the new Waldorf Astoria, it is sure to be in good company.

While prices have not yet been released, we do know that PMG is planning a 140-key hotel and 400 condos that will break ground next year. The condos will have bay views overlooking the Port of Miami across the street from Bayfront Park and the building is walking distance to the American Airlines Arena, the Perez Art Museum and the Frost Science Museum. The sunset views will overlook Downtown Miami’s historic district including the 1928-built courthouse that housed Al Capone during his 1930 trial along with the beautiful DuPont Building that was built in 1939.

PMG is also responsible for developing ECHO Brickell, another star in the skyline as well as Muse in Sunny Isles, ECHO Aventura, and 111 W 57th Street in New York’s “Billionaire’s Row.” They are operating as co-developers with Greybrook Realty Partners from Toronto and S2 Development from Miami.

“We are thrilled to bring the rich history and heritage of this hotel brand to Miami,” said PMG’s principal Ryan Shear via press release. “The city continues to thrive as a top global destination with increasing arts, culture, tourism, fashion and luxury brands. The partnership is a major milestone for Miami’s real estate and hospitality industries.”

If you would like to be among the first to receive floor plans and purchase opportunities, please reach out to us and we will make sure you receive the information you need. This is a very exciting day for Miami!