Tag Archives: miami beach

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

Starwood Capital Miami Beach

Inside Starwood Capital’s New Miami Beach Headquarters

A sign of the times? Greenwich, Connecticut-based Starwood Capital has filed plans to build a new, expanded headquarters in Miami Beach, just across the street from one of their many successful projects in the area. This news comes just after CNBC published a report, stating that Florida could very well be the beneficiary of a mass-exodus from the Northeastern United States after President Trump’s new tax bill comes into effect. Those who will be most affected are high earners in high-tax states such as Connecticut, New York, New Jersey, and California.

Barry Sternlicht has long been an investment visionary, with successful ventures under the Starwood Capital name starting just after the Savings and Loan crisis of the early 90’s. The company also affected Miami in a positive way after the 2008 financial crisis, when Starwood Capital purchased the distressed buildings that were being financed by Corus Bank, which had not survived the times. Starwood Capital finished the buildings and sold the remaining inventory, and in my opinion, catapulted our rebound after those dark times. Those buildings included Infinity at Brickell, Mint at Riverfront and Paramount Bay in Edgewater.

Although he does carry out investments in other states, Mr. Strenlicht has become a fan of Miami Beach. He recently purchased a property at 2374 North Bay Road and had Kobi Karp design a new home base for him. He has now changed Miami Beach to be his office headquarters on his website and is designing a new main office base for his 3,800 employees. Naturally, all 3,800 employees will not work at the headquarters, but after seeing the plans they may want to.

The new office will be located at 23rd and Collins, just across the street from 1 Hotel and Homes, another of Starwood Capital’s successful projects. It will be 6 stories tall with ground-level retail and robotic parking in order to provide 305 parking spaces in the smallest footprint possible. This will allow for larger sidewalks and additional retail space for pedestrians. Inside the office portion, employees will enjoy 13-foot ceilings and 135,000 square feet of office space. A variance will be required in order to achieve the height but is likely to fly through the process. Gensler designed the project, which was presented to the design board this week. The plans can be found here.

With high hopes to be settled in by the time their current lease expires at 1601 Washington Avenue in 2021, Starwood is not slowing down. Last September, they invested $250 million into micro-hotel suites under the name of Yotel, which also recently announced its first Miami location. The Miami Yotel will be built just west of Paramount Miami Worldcenter in Downtown Miami and recently opened pre-sales with prices starting in the $250,000’s.

What do you think of these designs?

Starwood Capital Miami Beach

Starwood Capital Miami Beach

Starwood Capital Miami Beach

Starwood Capital Miami Beach

Starwood Capital Miami Beach

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

 

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

The Park on Fifth Miami Beach by Crescent Heights and Arquitectonica

“The Park On Fifth” Wins City Of Miami Beach Approval

Yesterday was a big day for Miami Beach. The ambitious and somewhat controversial project that was proposed by Crescent Heights at the entry point of Miami Beach from the MacArthur Causeway went to the City Commission for approval. If approved, “The Park On Fifth” would change the way visitors view the city as they enter as well as change the way residents interact in the neighborhood.

The currently blighted vacant lots are an eyesore for people who arrive to Miami Beach and it is always noted that traffic is a nightmare at that intersection. People who live in South West Avenue are secluded, and South of Fifth is closed off to the rest of the island. The Park on Fifth offers a solution to all of these problems.

Last month, we posted an overview of the proposed project. Once constructed, residents and visitors will have a new 3-acre park at the entry point to Miami Beach. The park will feature a dog park area, children’s play area, jogging trail, workout area and plenty of observation areas. It will be elevated, reminiscent to New York’s High Line, which will also allow for an additional lane of traffic along Alton Road and a small retail center below the park. In exchange for providing the park, Crescent Heights requested approval of a 500-foot residential tower on the 500 Block of Alton Road.

Throughout the day yesterday, the developer and residents voiced their opinions both for and against the project. While the majority of the feedback was in favor of the development, a few residents were concerned with the aesthetics of the parking structure as well as the rental restrictions. Most were in favor of restricting rentals of less than 1 month, but that item will have to be addressed at a later date as time ran out on yesterday’s hearing.

In the end, the commission voted to approve the project in order to activate the site that has been an eyesore since 2004. It is in the best interest of the residents to have a park and additional retail in the area, plus the pedestrian flyover to connect South of Fifth to the rest of Miami Beach.

It was a good day.


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

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

 

Crescent Heights Alton Road Park Developent The Park on Fifth

Crescent Heights Introduces “The Park On Fifth”

The intersection of Fifth Street and Alton Road on Miami Beach has been plagued with problems for some time now, traffic just being one of them. With the King Tides arriving again this weekend, we are reminded that flood management is another. If you drive through the intersection (or sit there for a while, as the case may be), you will notice an enormous vacant lot with a blighted shell of a building. Well, we have great news! Crescent Heights and Arquitectonica have unveiled a plan for this lot that solves a host of problems while making this intersection beautiful again!

The actual neighborhood that the park is located in is West Avenue. It is home to buildings such as Bentley Bay, The Mirador, Mondrian as well as the local Whole Foods and a host of restaurants and coffee shops. It is just across the street from Icon South Beach, the entrance to South of Fifth. In recent years, the area has become impossible to navigate and an eyesore. This causes potential new neighbors to shy away from the area. Crescent Heights plans to activate the area with an intelligently designed 3-acre park, a single 44-story tower designed by Arquitectonica, and street-level retail.

Eager to earn LEED certification from the US Green Building Council, Crescent Heights has designed the park to offer sustainable landscaping and public art. These will be elevated in order to maximize the park area while alleviating traffic by allowing for an additional lane of traffic that feeds from Alton Road to the MacArthur Causeway. There will be an onsite parking structure that is accessible from each side of the development, electric car charging stations, bike storage, and car and bike-sharing options that have recently become popular. To top it off, they are also building a pedestrian bridge to connect the development to South of Fifth.

Crescent Heights partnered with Arquitectonica to design a tower that would also highlight the Miami Beach skyline as you enter via the MacArthur Causeway. Prices and details of the residential units have not yet been released, but we will be sure to fill you in as soon as they are. In the meantime, what do you think of the design?

The Park on Fifth Miami Beach by Crescent Heights and Arquitectonica

The Park on Fifth Miami Beach by Crescent Heights and Arquitectonica

The Park on Fifth Miami Beach by Crescent Heights and Arquitectonica

The Park on Fifth Miami Beach by Crescent Heights and Arquitectonica

 

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.

penthouse in miami beach - 321 ocean view of the ocean from the deck

The #1 Penthouse in Miami Beach: 321 Ocean Drive, Miami Beach, FL 33139

#1 Penthouse in Miami Beach

It can be hard to find the perfect home, and it isn’t any easier with all of the luxury properties in South Beach and more popping up all over the area. Whether you’re looking for a permanent residence, a vacation getaway, or an incredible investment, our team can help you identify the property that’s perfect for you. If you’ve got $35 million on hand, then you need this beachfront penthouse in Miami Beach at 321 Ocean Dr.

The Property

penthouse in miami beach - the property
This amazing property is the only beachfront penthouse in South Beach to span an entire floor, and two of them at that. The amount of space — more than 6,800 square feet — in the apartment is truly unprecedented. With a private rooftop deck including an infinity pool, outdoor kitchen, and fire pit, this penthouse offers the ultimate space for entertaining or simply relaxing in the ultimate luxury and privacy. Gorgeous wood and marble floors lead you through the five spacious bedrooms and the beautiful gourmet kitchen and the sleek, comfortable living room, all of these surrounded by floor to ceiling windows offering 360 degree views. This penthouse in Miami Beach is truly a palace in the sky.

The Building

miami beach penthouse - the building 321 Ocean Drive
321 Ocean is a unique South Beach condominium experience. A boutique condo, 321 Ocean houses just 22 units, offering maximum privacy and exclusivity. If you need time away from the private penthouse pool, step downstairs to relax in the beachfront infinity edge pool or sit oceanside with the beach food and beverage service provided exclusively for residents. Security and privacy are both top priority at 321 Ocean and the 24-hour valet, concierge, and security services are there to serve you at all hours day or night. The expansive fitness center is fully equipped and overlooks Ocean Drive, making it as easy as ever to live a healthy and energetic lifestyle. And if you need to cool down, take a walk in the urban oasis that is the 321 Ocean garden, designed by the world renowned Enzo Enea. No matter your pace, 321 Ocean has what you need to live your best lifestyle.

The Neighborhood

321 Ocean is situated in one of the most desirable neighborhoods in all of Miami. Miami Beach’s South of Fifth (SoFi) neighborhood is located at the southern tip of South Beach and is a serene retreat from the hustle and bustle of the South Beach activity just a short distance away to the north. Surrounded by water on three sides, SoFi is home to the lush and sprawling patch of land known as South Pointe Park. The park is a beautiful garden featuring a children’s play area, picnic areas, and plenty of walking trails with direct access to the beach. For nights out, SoFi is one of the best areas for gourmet food, featuring some of the most famous restaurants in Miami, including Joe’s Stone Crab, Prime 112, and Smith & Wollensky. For a calm and peaceful day or a lively night out, SoFi has it all.

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More images of the Penthouse @ 321 Ocean Drive, Miami Beach, FL, 33139

Living Room

miami beach penthouse - 321 Ocean Dr - Penthouse unit - Living Room

Bathroom

miami beach penthouse - 321 Ocean Dr - Penthouse unit - Bathroom

Kitchen

miami beach penthouse - 321 Ocean Dr - Penthouse unit - Kitchen

Balcony, Pool, & Ocean View

miami beach penthouse - 321 Ocean Dr - Penthouse unit - Pool and ocean view