1 Hotel & Homes South Beach, the eco-friendly, LEED certified luxury oceanfront property has reported a record breaking start to 2018, having reached 90% sold for the entire property with $22.4 million in sales year-to-date. There are a few select fully-furnished, turnkey penthouses still available, of note are the property’s two signature duplex penthouses, PH-1610 and PH-1609, a stunning 3,557 SF three bedroom, three and a half bathroom residence that was just recently introduced to the market. Remaining inventory ranges in size from 1,834 SF to 4,207 SF and is priced from $3.1 million with sales and marketing exclusively overseen by Douglas Elliman Development Marketing
Notable 2018 sale highlights include the closing of Penthouse 1707, a $5.5 million three bedroom, three and a half bathroom residence; Penthouse 1617, a $5.6 million three bedroom, three bathroom residence; Residence 1440, a $5 million three bedroom plus den, three bathroom residence; and Penthouse 1708, a three bedroom, three and a half bathroom residence that sold for $6.35 million. All residences are complemented by outdoor living space overlooking the Atlantic Ocean and Miami skyline.
“A factor contributing to the 2018 sales success of 1 Hotel & Homes is the recent uptick of domestic buyers expressing interest in the property, particularly those from the Northeast,” said Camille Douglas, Senior Managing Director, LeFrak. “Due to the recent federal tax reform, high net worth individuals are now motivated to invest and reside in Miami for both personal and financial reasons. Add to that the one-of-a-kind wellness and sustainable lifestyle offered at these fully-furnished, turnkey residences and you have an opportunity that is hard to refuse.”
The property is LEED certified, representing the pinnacle of eco-conscious living. The 1 brand translates into a sustainable lifestyle complete with conscious programming. From the penthouse’s “eco-glam” design, nature inspired aesthetic and living art installations, to eco-friendly services such as pre-arrival kitchen and pantry shopping with a local organic option, in-home natural care botanical service, eco-conscious housekeeping services, and personal shopping and delivery services including organic grocery and dry cleaning. There’s even a dedicated Tesla house car available to residents for quick complimentary rides.
Located at 102 24th Street, 1 Hotel & Homes features 155 residences atop a 425-key luxury resort. The acclaimed Debora Aguiar-designed penthouse residences celebrate living on the ocean with elegant driftwood furnishings, plant life and spaces designed to invite the ocean breezes and sunlight into every room. The interiors boast custom Italkraft kitchens with imported Italian silver travertine, white quartz countertops, Wolf appliances, Dornbracht faucets and trash, composting and recycling bins.
The resort's amenities include access to 600' of beachfront and four elevated oceanfront swimming pools, an onsite SoulCycle studio, a Mindfulness Program that offers yoga and meditation, a 14,000 square foot Spartan Gym, and a visionary new Bamford Haybarn Spa from London. Owners can also enjoy access to four exceptional restaurants and bars, including the newly-opened Habitat, farm stand fresh restaurant Plnthouse by Matthew Kenny, and WATR, a stylish rooftop pool and restaurant-bar with panoramic views of the ocean and city skyline.
