Limestone Asset Management Reveals Two New Luxury Spec Homes In Miami's Historic Morningside Neighborhood

Limestone Asset Management has revealed their first two spec homes located in Miami’s historic and gated Morningside neighborhood. The homes are located at 531 and 510 NE 52nd Street, Miami, FL, and are listed with Brandon Brugal and Uccio Zecchini of Miami’s BZG International Real Estate. Limestone Asset Management is led by Ibrahim Al Rashid and invests in real estate across all asset classes throughout North America.

“Morningside is a unique community that has garnered tremendous interest over the last few years. Anyone passing through would realize quickly that Morningside rivals some of the most popular addresses in Miami-Dade County.” said Ibrahim Al-Rashid, chairman of Limestone Asset Management. “We are pleased to work with Brandon Brugal in the sales of our first spec homes in the community.”

531 NE 52nd Street is a 4,480-square-foot contemporary home that features five bedrooms, five bathrooms, a den, an outdoor pool and a one-car garage. The home is currently under construction on a 8,363-square-foot lot which is just steps away from Morningside Park, a 42-acre bayfront park. The residence is designed by the esteemed Miami architecture firm Preschel + Bassan Studio and features an open floor plan and double-height ceilings, an oversized kitchen with gas appliances and a built-in dining bench for eight, top-of-the-line fixtures and finishes and an expansive master bedroom suite with a terrace overlooking the pool and backyard. 531 NE 52nd St. is expected to be completed in the fourth quarter of 2022.

510 NE 52nd Street is expected to break ground in mid-March 2022. The residence will span 3,500 square-feet and offer four bedrooms, four full bathrooms and one half-bathroom, and a one-car garage. Nestled on a 5,500-square-foot lot, the home is designed by award-winning Miami architecture and interior design firm Taylor & Taylor Inc. The two-story ultra-modern home will feature an open flow-through floor plan with 10-foot ceilings on the first floor and up to 14-foot ceilings on the second floor with tongue and groove finishes. Outside, the home will be offer a pool surrounded by lush, natural landscaping Completion is expected in the second quarter of 2023.

“Working together with Limestone on the homes at 531 NE 52nd Street and 510 NE 52nd Street in Morningside, we are offering stunning homes ideal for the luxury buyer who desires modern elegance,” said Brugal.

Florida's 2nd Woman Architect Who Built University of Miami's Campus Sells Home For $1 Million

An extremely unique property that was built by Florida’s second registered woman architect, Marion Manley, has sold for $1,000,000. The sale was represented by Alex Enriquez & Alex Pinero of Douglas Elliman who had listed the home for $1,165,000 and the buyer was represented by Sabriane Brandao of Global Luxury Realty. Manley rose to prominence in Miami as she was responsible for the University of Miami campus in Coral Gables.

Located at 601 NE 56th St., Miami, the, 1920s era Mediterranean revival gem was built by Marion Manley herself and is a preserved era charm located in the heart of Miami’s first historic community of Morningside. Authentic era features and elegance have been preserved along with contemporary necessities. This spacious home offers a large living area with an impressive artistry blend of ironwork, woodwork and tile, can rival amazing entertaining venues. Outdoor space includes a courtyard adorned with a fountain, a fenced-in backyard and guesthouse. Additional features include impact windows, hardwood flooring, fireplace, and a third floor loft. Morningside features tree lined streets, a secured entrance and a bay front park with breathtaking bay views and amazing facilities; soccer, tennis, basketball, pool, boat ramp and picnic area.