Inside the 4th Annual PROFILE State of the Market 2026 Presented by Tower Capital Partners at Artefacto Coral Gables
On Tuesday, May 12, 2026, PROFILEmiami hosted the 4th Annual PROFILE State of the Market 2026 presented by Tower Capital Partners at the luxurious Artefacto flagship showroom in Coral Gables, bringing together more than 200 of South Florida’s leading developers, brokers, investors, financiers, architects, designers, and real estate professionals for an evening of high-level market insight, bespoke networking, and real estate showcase activations.
Panelists and hosts at the 2026 PROFILE State of the Market event at Artefacto Coral Gables.
On Tuesday, May 12, 2026, PROFILEmiami hosted the 4th Annual PROFILE State of the Market 2026 presented by Tower Capital Partners at the luxurious Artefacto flagship showroom in Coral Gables, bringing together more than 200 of South Florida’s leading developers, brokers, investors, financiers, architects, designers, and real estate professionals for an evening of high-level market insight, bespoke networking, and real estate showcase activations. Topics that emerged were that 2026 is the “Year of the End User”, and themes of “Pricing & Provenance” with “long term livability”.
The Showcase highlighted PROFILEmiami’s continued focus on streamlining discovery and connection across South Florida’s pre-construction market. Throughout the evening, Blackline presented live demonstrations of its real estate development sales software platform, while luxury developments including Ponce Park Coral Gables, Parkline Brickell, and The Mansions at Fisher Island showcased their projects to many of South Florida’s top real estate brokers and industry professionals. In the weeks following the event, the showcased developments collectively went on to close more than $100 million in sales, reinforcing the power of curated broker engagement and in-person relationship building in today’s market.
Moderated by T.J. Sabo, Founder & CEO of SABO+, the panel featured Spencer Morris, President of The Allen Morris Company; Jay Phillip Parker, CEO of Brokerage, Florida Region and President of Douglas Elliman Development Marketing, Florida; David-Emmanuel Cohen, CEO of Madar Group USA and developer of The Mansions on Fisher Island; John Parsiani, VP of Sales at Aria Reserve and founder of Parsiani Real Estate; and Fernando de Núñez y Lugones, CEO of Vertical Developments. Together, the conversation explored some of the most important forces shaping South Florida real estate in 2026 — from luxury pricing and consumer psychology to product evolution, end-user demand, hospitality-driven living and long-term market positioning.
The panel concluded with a pro-real estate development word from Emmy Award Winning Former CBS4 Miami Anchor Elliot Rodriguez who is currently campaigning for the House of Representatives for the 27th Congressional District of Florida in the 2026 Mid-Term Elections.
As Miami continues evolving into one of the world’s premier luxury real estate destinations, conversations like those at the 4th Annual PROFILE State of the Market 2026 continue helping define how developers, brokers, architects, financiers and sales teams adapt to a more sophisticated, globally minded buyer increasingly focused on quality, customization, hospitality, and long-term value. Through elevated events like PROFILEconnect, PROFILEmiami continues reinforcing its role at the center of South Florida’s real estate conversation — delivering insight, access and meaningful connection at the highest level.
Panels:
One of the evening’s most discussed themes centered around “Pricing & Provenance” and “long term livability” in Miami’s rapidly maturing ultra-luxury condominium market. David-Emmanuel Cohen discussed how Miami’s top-tier residential market is now achieving pricing levels exceeding $5,000 to $6,000+ per square foot, positioning the city alongside ultra-prime global destinations such as Monaco and St. Barth. Spencer Morris expanded on the growing importance of provenance, craftsmanship and material authenticity in luxury development, sharing how The Allen Morris Company traveled to Carrara, Italy to personally source marble for its projects in an effort to create more enduring, deeply intentional residences. Jay Phillip Parker echoed the importance of quality and execution, emphasizing that today’s luxury buyers are increasingly prioritizing authenticity, lasting value, and buildings designed for long-term ownership rather than short-term speculation.
The panel also explored the continued evolution of the luxury buyer. Spencer Morris described 2026 as “the year of the end user,” explaining how premium, highly customized residences increasingly dominate demand as buyers seek homes designed for long-term living, personalization and permanence. The discussion highlighted how many affluent purchasers are combining units to create larger, more bespoke living environments that better reflect lifestyle needs, privacy expectations and family use patterns.
Further conversation explored how evolving consumer expectations are creating entirely new categories of luxury living and hospitality-driven real estate experiences. Jay Phillip Parker discussed the growing opportunity within branded hospitality-driven multifamily developments and luxury assisted living, explaining how consumers are increasingly willing to pay premiums for hospitality-caliber services, wellness offerings and elevated programming traditionally associated with luxury hotels and branded residences. He also noted the long-term opportunity for world-class healthcare providers and hospitality operators to collaborate in creating a new standard for luxury wellness-focused senior living.
Panelists also discussed the evolving divide between large-scale amenitized towers and smaller boutique luxury developments. John Parsiani explained how many buyers continue gravitating toward larger towers for their expansive amenity packages, resort-style experiences and “lock-and-leave” convenience, particularly among seasonal and international residents. Fernando de Núñez y Lugones then highlighted how, at the highest end of the market, many true end users increasingly prioritize privacy, exclusivity and intimacy — driving demand for smaller boutique buildings — while investors often remain more attracted to larger-scale developments offering operational efficiencies and expansive amenity ecosystems.
Showcase & Networking:
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Signature Penthouse at Vita at Grove Isle Furnished by Artefacto Hits the Market for $23.5 Million
A landmark two-level penthouse with private 40’ rooftop pool in the nearly sold-out waterfront development by renowned Miami developer Ugo Colombo of CMC Group has hit the market for $23.5 million listed with Nelson Gonzalez, Senior Vice President and top-producer with over $4 billion in career sales at Berkshire Hathaway HomeServices (BHHS) EWM Realty.
A landmark two-level penthouse with private 40’ rooftop pool in the nearly sold-out waterfront development by renowned Miami developer Ugo Colombo of CMC Group has hit the market for $23.5 million listed with Nelson Gonzalez, Senior Vice President and top-producer with over $4 billion in career sales at Berkshire Hathaway HomeServices (BHHS) EWM Realty.
SOLE PH‑1 at Vita at Grove Isle (5 Grove Isle Dr., Coconut Grove, Fla.) is offered fully furnished by Artefacto – the internationally acclaimed interior design brand. The residence spans nearly 13,000 square feet of total living space, including 7,000 square feet of interiors and 5,600 square feet of outdoor spaces. Atop it all sits a striking, private 40-foot rooftop pool with uninterrupted vistas of Biscayne Bay and the downtown Miami skyline. With an asking price of $23.5 million, SOLE PH‑1 is the largest and most expansive residence within the boutique island development.
“This penthouse stands apart in Coconut Grove,” said Gonzalez. “It is rare to find a condo with such abundance of private amenities, typically found only in a single-family home. In addition to the private amenities, residents get to enjoy additional amenities and luxuries offered by Vita at Grove Isle, and another layer of security offered by private-island living. For buyers seeking privacy, outdoor living with sweeping views, and immediate access to Miami’s cultural and social hubs, SOLE PH‑1 is truly a standout opportunity.”
The four-bedroom, five-and-a-half-bath residence is accessed via a private elevator that opens into a grand foyer, leading to expansive living areas defined by 11-foot ceilings and walls of glass that fully retract to connect the interiors with 13-foot-deep waterfront terraces. Designed for seamless indoor-outdoor living, the home features finely appointed Artefacto interiors and premium finishes throughout, including a Molteni kitchen with Miele appliances, frameless Barausse doors, and an integrated Crestron smart home system with Lutron HomeWorks lighting.
The Bayfront primary suite has a spa-inspired, book-matched marble bath and oversized double closets, while three additional guest bedrooms with en-suite baths capture serene water views from the opposite side of the residence. A sculptural spiral staircase ascends to the penthouse’s signature, 97-foot-long rooftop terrace – an elevated entertainment environment featuring the 40-foot pool, a summer kitchen, and multiple lounge areas framed by waterfront panoramas.
“From the outset, Vita at Grove Isle was designed to highlight Coconut Grove’s natural beauty and elegant lifestyle,” said Ugo Colombo, Founder and CEO of CMC Group and developer of Vita. “SOLE PH‑1 elevates that vision, pairing grand-scale indoor-outdoor living with meticulous craftsmanship and a rooftop environment that embraces the surrounding water and skyline.”
The offering arrives as Vita continues to see strong closing momentum following its completion in late 2025. The seven-story, 65-residence building is now nearing sellout, having recently reported nearly $400 million in closings in under 60 days. Average residence prices stand at approximately $8.5 million, with a notable share surpassing $10 million. At the top of the market, Vita has recorded multiple penthouse transactions above $15 million, including several exceeding $20 million, underscoring the project’s position within South Florida’s rapidly expanding super-prime residential landscape.
“Miami – and Coconut Grove, in particular – is firmly on the radar of ultra-high-net-worth buyers,” Gonzalez added. “Today’s top buyers want more than just turnkey interiors or smart technology…they’re looking for outdoor living and waterfront experiences that feel effortless and extraordinary. SOLE PH‑1 delivers on all fronts, combining scale, privacy, and panoramic vistas in a market where homes like this are increasingly hard to find.”
Set on a 20-acre private island, Vita at Grove Isle grants residents exclusive access to the Grove Isle Racquet & Yacht Club, which features eight Har-Tru tennis courts, pickleball and padel courts, along with a bayfront pool and poolside bar. The development will soon welcome La Sponda, an Italian waterfront restaurant opening this summer with views of Biscayne Bay. Additional amenities include private resident event spaces, a spa, fitness center, and yoga studio.
With only a limited collection of residences remaining, SOLE PH-1 represents a singular opportunity to acquire one of the largest and most distinctive penthouses currently available in Coconut Grove – within a development that has quickly emerged as one of the neighborhood’s most sought-after waterfront addresses.
Images via Luxehunters Productions
Past PROFILEmiami articles about Vita at Grove Isle:
For more information about Vita at Grove Isle or to inquire about purchasing a unit please fill out the form below:
Check Out This Newly Completed Waterfront Spec Home On Miami Beach's Venetian Islands Asking $59.9 Million
A newly completed, modern architectural masterpiece known as Forte on Miami Beach’s Venetian Islands has hit the market for $59.9 million. The lavish waterfront home sits on a 13,188 SF lot with 105 feet of deep-water dockage and direct access to Biscayne Bay.
A newly completed, modern architectural masterpiece known as Forte on Miami Beach’s Venetian Islands has hit the market for $59.9 million. The lavish waterfront home sits on a 13,188 SF lot with 105 feet of deep-water dockage and direct access to Biscayne Bay. Built and owned by Maven Construction's president, and designed in collaboration with Varabyeu Partners, Javier Robles Studio and Artefacto, the home seamlessly blends contemporary design with curated turnkey interiors, offering 10,689 SF of living space, 7 bedrooms, 7.5 bathrooms and expansive open-plan living areas with full-height glass walls.
Elevated 14 feet above sea level, Forte features a rooftop terrace with 360° views of downtown Miami and the bay, a display-quality garage fit for 8–10 vehicles, dual kitchens, a private theater and full Crestron smart-home automation. With its exceptional scale, high-quality design and unrivaled amenities, Forte stands among the most significant new-construction estates on the Venetian Islands and exemplifies Miami’s evolution as a global luxury waterfront destination.
1413 North Venetian Way, Miami Beach, FL is listed For $59,900,000 with Matt Crane of Compass.
Images via Christian Santiago
Golden Beach Oceanfront Estate Complete With Shelby Cobra Hits Market For $42 Million
An ultra-luxury tropical paradise in Golden Beach has hit the market for $42,000,000. This stunning oasis offers 9 bedrooms with private access to a backyard beach, providing the ultimate in relaxation and luxury living. The 12,000 SF mansion has recently undergone a million-dollar makeover and is tastefully staged with Artefacto's sublime collection of furniture.
An ultra-luxury tropical paradise in Golden Beach has hit the market for $42,000,000. This stunning oasis offers 9 bedrooms with private access to a backyard beach, providing the ultimate in relaxation and luxury living. The 12,000 SF mansion has recently undergone a million-dollar makeover and is tastefully staged with Artefacto's sublime collection of furniture, perfectly complementing the beachfront setting. As an added option, a custom Backdraft Shelby Cobra from Prestige Imports can also be included as part of the sale. The home was designed by DOMO Architecture + Design developed by Todd Michael Glaser.
Situated on the Atlantic Ocean, this modern tropical retreat boasts panoramic ocean views and an array of extravagant amenities. The living areas feature a wet bar, gourmet kitchen, elegant dining room, family room, and a spacious terrace with a summer kitchen – perfect for entertaining guests or simply enjoying the ocean breeze.
The primary suite offers ocean views with marble his-and-hers bathrooms and walk-in closets. On the ground floor, an entertainment space awaits with a show-stopping Shelby Cobra car. Additional amenities include a rooftop terrace, theater, guesthouse, 4 kitchens, elevator, patio, and cabana.
263 Ocean Blvd is listed with Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty for $42,000,000.
Images via Nelson Gonzalez BHHS EWM Realty
Waterfront Palm Island Estate Designed By Caesar Molina Hits Market For $48.5 Million
A waterfront estate on Miami Beach’s Palm Island has hit the market for $48.5 million. The tropical modern waterfront mansion is designed by renowned architect Caesar Molina and spans nearly 15,000-square feet of stunning amenities and unparalleled, museum-like interiors furnished by Artefacto.
A waterfront estate on Miami Beach’s Palm Island has hit the market for $48.5 million. The tropical modern waterfront mansion is designed by renowned architect Caesar Molina and spans nearly 15,000-square feet of stunning amenities and unparalleled, museum-like interiors furnished by Artefacto.
Located at 40 Palm Ave., the newly built home features a double-sided water feature which welcomes you upon entrance into the eight bedroom, nine full and four half bathroom estate. Thoughtfully curated with luxury in mind, find a rare full size rooftop terrace is accessible by stairs or elevator with immaculate views of Miami’s most coveted views.
The primary bedroom features a massive closet, wet bar plus a terrace with a private plunge pool. The kitchen showcases Mia Cucina cabinetry, Wolf + Subzero appliances. Additional features include a state-of-the-art home theatre, gym with steam and sauna, a four-car electric garage and detached upstairs guest house.
Outside, the backyard features a spacious infinity edge pool, patio with grill, and a private boat dock offering 100 feet of water frontage.
40 Palm Ave is listed for $48.5 million with Liz Hogan of Compass.
Images via Become Legendary
Origin Residences by Artefacto Passes 70% Sold in Miami's Bay Harbor Islands
Just six months after launching sales, Origin Residences by Artefacto is 70% sold, putting it on track as one of the fastest-selling residential building in Bay Harbor Islands. The development is a collaboration between Chile-based VDA | Origin Miami, a leading development company in Chile led by Mauricio Moya and Sergio Guzmán, and internationally acclaimed home furnishings brand Artefacto, led by Paulo Bacchi.
Just six months after launching sales, Origin Residences by Artefacto is 70% sold, putting it on track as one of the fastest-selling residential building in Bay Harbor Islands. The development is a collaboration between Chile-based VDA | Origin Miami, a leading development company in Chile led by Mauricio Moya and Sergio Guzmán, and internationally acclaimed home furnishings brand Artefacto, led by Paulo Bacchi. Origin Residences by Artefacto will bring 27 custom finished and furnished condominiums to Miami’s coveted Bay Harbor Islands.
The luxury boutique building in Miami’s premier Bay Harbor Islands will feature an exclusive collection of two-to-four-bedroom residences, ranging from 1,300 square feet to 2,330 square feet, where prices started at $1.390 million with sales overseen by Cervera Real Estate. Most of the buyers at Origin Residences by Artefacto are Brazilian. Recently South Florida has witnessed an influx of Braizlians to the market. According to the Miami Association of Realtors, Brazil lands third in the top five of international homebuyer transactions in 2023. The developers also recently revealed that they are now paying commission.
"We owe these remarkable milestones to the ongoing demand for true Miami waterfront living, as well as the exquisite common area design by Carla Guilhem, a world-renowned designer selected by Artefacto, our partner in the development," expressed Mauricio Moya, lead developer at VDA Miami. “Together, we have been able to create a visionary project that accentuates the concept of luxury waterfront living in South Florida. At Origin Residences by Artefacto, residents will experience a transformative lifestyle and exceptional opportunities as Bay Harbor Islands continue to flourish. We are honored to be a part of Bay Harbor Islands’ legacy, and we feel that Origin by Artefacto will leave an indelible mark on the city's future."
The collection of 27 spacious two-to-four-bedroom residences offers breathtaking waterfront views of Bay Harbor Islands. The residences come with access to a private marina that boasts 10 boat slips and direct access to the Atlantic Ocean as well as the Miami and Fort Lauderdale Intracoastal waterways. The development includes an array of top-of-the-line amenities, such as a rooftop pool with poolside summer kitchens and bar, an Owner’s lounge, a kid’s playroom, a coworking meeting space, and a gym with state-of-the-art equipment. Additionally, each unit is designed with a generous floor plan that includes floor-to-ceiling, impact-resistant sliding glass doors and windows, private balconies with glass railings and panels, fully accessorized kitchens designed by Carla Guilhem with high-end Wolf and Sub-Zero appliances, modern bathrooms with European style cabinetry, porcelain flooring, ample storage space, and residential parking.
Cervera’s President of Development Sales, Jesse D. Ottley, added, “We could not have reached this incredible sales milestone without the help of our dedicated sales and marketing teams and our developers who have worked tirelessly to conceptualize a project that will transform luxury living in South Florida. Buyers have gravitated to these expansive waterfront residences where unobstructed views are protected by the waterways to the West, and with such a demand for boating in Miami, having their own private boat slip directly in front of their residence is an amenity that few can offer in this market."
This exceptional development, featuring architecture by Revuelta Architecture International, known for its quality designs and sustainable solutions, offers meticulously designed interiors with high-quality details to complement the busy lifestyles of residents at Origin Residences by Artefacto. The project also includes interiors curated by Carla Guilhem.
For more information about Origin Residences by Artefacto, private showings or purchasing/ leasing information please fill out the form below:
'Origin Residences by Artefacto' Launches Sales In Bay Harbor Islands
Origin Residences by Artefacto has launched sales on the Bay Harbor Islands, marking the first real estate venture for Artefacto in the United States. The development is a collaboration between Chile-based VDA | Origin Miami, a leading development company in Chile led by Mauricio Moya and Sergio Guzmán, and internationally acclaimed home furnishings brand Artefacto, led by Paulo Bacchi.
Origin Residences by Artefacto has launched sales on the Bay Harbor Islands, marking the first real estate venture for Artefacto in the United States. The development is a collaboration between Chile-based VDA | Origin Miami, a leading development company in Chile led by Mauricio Moya and Sergio Guzmán, and internationally acclaimed home furnishings brand Artefacto, led by Paulo Bacchi. Origin Residences by Artefacto will bring 27 custom finished and furnished condominiums to Miami’s coveted Bay Harbor Islands.
The luxury boutique building in Miami’s premier Bay Harbor Islands will feature an exclusive collection of two-to-four-bedroom residences, ranging from 1,300 square feet to 2,330 square feet, with prices starting at $1.390 million and exclusive representation by Cervera Real Estate.
Origin Residences by Artefacto features architecture by Revuelta Architecture International, known for its quality designs balanced with sustainable solutions. Each of the 27 condo owners will meet with Artefacto’s design team to create their home, including a private consultation and selection of finishes and furnishings. Once construction has commenced the residences are estimated to be completed in 18 months.
“It’s an incredible honor for Artefacto to deliver custom condominiums for each of Origin owners to reflect their personal style and preferences,” said Paulo Bacchi, CEO of Artefacto. “There is no better time to raise expectations and expand the brand's influence on Miami with this truly personal approach.”
Artefacto selected long-time collaborator Carla Guilhem and her Miami-based design studio for the project. Guilhem has worked on some of Miami’s most coveted homes, as well as the world's most luxurious superyachts. Intentionally designed to showcase Bay Harbor’s spectacular waterfront views, Origin Residences by Artefacto is set to offer a private marina hosting boat slips and direct access to the Atlantic Ocean and the Miami and Fort Lauderdale Intracoastal waterways.
The development will feature top-of-the-line amenities, including a panoramic rooftop pool with summer kitchens and bar, a lobby lounge, a kid's playroom, a coworking meeting space, a gym with state-of-the-art equipment, a 24/7 attended lobby, a pet zone, and more. Additionally, each unit will feature an expansive floor layout with floor-to-ceiling, impact-resistant sliding glass doors and windows, panoramic private balconies with glass railings and panels, fully-accessorized Italian-style kitchens with cutting-edge kitchen appliances, modern bathrooms with Italian marble and European cabinetry, Italian porcelain flooring throughout each home, additional storage space and residential parking.
“We are confident that Origin Residences by Artefacto will appeal to both new-to-market and local buyers looking for exclusive waterfront living in Bay Harbor Islands,” said Jesse D. Ottley, President of Development Sales Division of Cervera Real Estate. “A best-in-class residential destination ideal for those seeking a serene and balanced lifestyle, Bay Harbor Islands is the perfect location for Origin Residences by Artefacto to host the elevated and sophisticated way of living that buyers are looking for. We look forward to delivering this luxury waterfront development and its amenity-rich offerings to this exclusive community. ”
Artefacto is internationally recognized as South Florida’s go-to for captivating multi-million-dollar condos in the most iconic architectural towers, as well as custom estates from Miami to Palm Beach. Brand loyalists span South Florida’s top brokers and developers, to interior designers and architects, to celebrities and socialites, who rely on Artefacto for turn-key interiors that elevate and define South Florida living. A signature Artefacto home features layered organic textures and furnishings, surrounded by warm contemporary luxuries. Rooms are styled around a single statement piece, while embracing a full monochrome aesthetic, rich in neutral tones.
Artefacto CEO Paulo Bacchi started working at Artefacto at 18 when he joined the company founded by his father, Albino, in São Paulo in 1976. He tripled Artefacto’s business in the ‘90s and took over the company a decade later, expanding his company to the US in 2002. Today, Paulo works closely with his twin sons, Bruno and Pietro, who started working at the age of 14, learning from their father’s example. His sons now work closely with him on all areas of the business, including operation of the expansive local distribution center and vast inventory, to create singular turn-key lifestyles in South Florida’s most coveted neighborhoods.
For more information about Origin Residences by Artefacto, private showings or purchasing/ leasing information please fill out the form below:
Artefacto Debuts New "Edition 2022" Collection In Partnership With Patricia Anastassiadis To Mark 20th Anniversary In Miami
Internationally renowned luxury furnishing brand Artefacto is marking its 20th anniversary in Miami by debuting the highly anticipated 2022 home furnishings collection, Edition 2022, designed in partnership with Patricia Anastassiadis, in its Coral Gables and Aventura showrooms. Artefacto, which was founded in 1976 in Brazil, has been one of the go-to brands known for furnishing and staging multi-million-dollar residences.
Internationally renowned luxury furnishing brand Artefacto is marking its 20th anniversary in Miami by debuting the highly anticipated 2022 home furnishings collection, Edition 2022, designed in partnership with Patricia Anastassiadis, in its Coral Gables and Aventura showrooms. Artefacto, which was founded in 1976 in Brazil, has been one of the go-to brands known for furnishing and staging multi-million-dollar residences across South Florida’s hot luxury real estate market from Miami to Palm Beach. Edition 2022 is centered around Artefacto’s signature aesthetic featuring neutral tones and textures for a style that defines contemporary South Florida living. Edition 2022 also conveys a sense of space and function, while celebrating the home as host to life’s moments and memories, from working and entertaining, to relaxing and evolving.
“Our new collection is a beautifully curated celebration of history, home and a cultured life,” says Paulo Bacchi, CEO of Artefacto, who is recognized as South Florida’s go-to asset for creating Insta-worthy multi-million-dollar condos and estates in the most coveted towers and neighborhoods.
Titled Psyché, meaning: breath, life and soul, Edition 2022 is designed in partnership with LatAm designer and Casa Vogue winner Patricia Anastassiadis. The collection is Anastassiadis’ sixth consecutive collection with Artefacto CEO Paulo Bacchi and features 12 limited-edition statement pieces drawing inspiration from Greek history, culture and architecture, while embracing a monochromatic aesthetic rich in neutral tones and textures.
Images via Haddock Lobo/ Artefacto
DOMO-Designed Sunset Islands Estate Built By Todd Michael Glaser And Staged by Artefacto Trades For $31.5 Million
A contemporary waterfront home on Miami Beach’s prestigious Sunset Islands has sold for $31.5 million. It is the third most expensive home ever sold on all Sunset Islands, behind a recent land sale and 2120 Bay Ave. which traded for $34 million in an off market deal in March. The ultra-modern home is located on the gated Sunset Island 4 at 1635 W 22nd Street.
A contemporary waterfront home on Miami Beach’s prestigious Sunset Islands has sold for $31.5 million. It is the third most expensive home ever sold on all Sunset Islands, behind a recent land sale and 2120 Bay Ave. which traded for $34 million in an off market deal in March. The ultra-modern home is located on the gated Sunset Island 4 at 1635 W 22nd Street. The residence was built by ultra-luxury developer Todd Michael Glaser, designed by DOMO Architecture + Design with interiors by House of One.
Per public record, the seller is Randy Frankel, the co-owner of the Tampa Bay Rays. ONE Sotheby's International Realty represented both sides of the transaction with Reid Heidenry representing the buyer and Marko Gojanovic the seller.
The ultra-modern residence features 7 bedrooms and 8 bathrooms spread over 8,533 SF. The home features a grand living room, soaring 14-ft ceilings as the centerpiece of the home, a chef's kitchen adjacent to a large family room, formal dining situated by an interior courtyard, four bedrooms in the main house and two guest suites with a staff room. Finishes include wood-detailed ceilings, Crestron system, LED lighting, wall-to-wall sliding doors, marble baths and an elevator. The residence also features lushly landscaped outdoors including a resort-style pool deck with a summer kitchen, roof top deck, new seawall and a large dock.
Images via Michael Ruiz with LPG
Check Out The Spectacular Views From The Luxurious Artefacto-Designed Penthouses At PARAMOUNT Miami Worldcenter
Stacking up against the competition, the recently completed PARAMOUNT Miami Worldcenter, is soaring to new heights with its exclusive Penthouse Collection Series. Every residence at PARAMOUNT features unparalleled views and every imaginable luxury within also known as the most amenitized building in the country.
Stacking up against the competition, the recently completed PARAMOUNT Miami Worldcenter, is soaring to new heights with its exclusive Penthouse Collection Series. Every residence at PARAMOUNT features unparalleled views and every imaginable luxury within also known as the most amenitized building in the country, with access to 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio and much more.
PROFILEmiami offers an exclusive look into the Artefacto-designed penthouses perched high-atop the luxury condo tower. Unit 5312 offers 4 bedrooms and 5 bathrooms spread over 3,312 SF. The residence is asking $3,999,000. The unit comes fully furnished by Artefacto without the artwork. The residence is listed with Peggy Olin of One World Properties.
Penthouse 5202 is also a 4 bedroom 5 bathroom residence spread over 3,292 SF asking $4,190,000. The unit also comes fully furnished by Artefacto without the artwork. The residence features vast balcony space in excess of 400 SF offering spectacular views of Downtown Miami. The residence is listed with Peggy Olin of One World Properties.
PARAMOUNT Miami Worldcenter located inside the massive Miami Worldcenter project in the heart of downtown Miami. The nearly sold-out project has more then 57 nationalities represented among its buyer pool. PARAMOUNT Miami Worldcenter is the only residential tower currently for sale within the massive 27-acre mixed-use Miami Worldcenter site. The tower has made international headlines with its Upper Deck which is the largest amenity deck in the U.S., spanning four acres, positioned 90’ above downtown Miami which features an extraordinary array of action-packed luxury amenities. PARAMOUNT Miami Worldcenter was developed by Royal Palm Companies, led by Dan Kodsi. The tower was designed by Elkus Manfredi Architects with interiors by ID & Design International. PARAMOUNT Miami Worldcenter is located at 851 NE 1st Ave.
This article was produced in partnership with Royal Palm Companies.
Building on the success of Daniel's Miami, recently named the highest-ranked Florida steakhouse on the World's Best 101 Steak Restaurants list, and Daniel's, A Florida Steakhouse, which has earned Michelin Guide recognition, Gioia Hospitality Group founders Thomas Angelo and Kassidy Angelo will open La Sponda, an elegant waterfront Italian restaurant inspired by their family's heritage, this September at CMC Group’s recently delivered luxury condominium Vita at Grove Isle.