Power Dinner Council: Design And Development Presented by PROFILEmiami and Kobi Karp

On Wednesday, June 23rd, PROFILEmiami hosted Power Dinner Council: Design and Development, an intimate, invite-only omakase dinner bringing together some of South Florida’s leading real estate developers, architects, builders, investors and designers. The evening was hosted by PROFILEmiami Co-Founders Katya Demina and Demetri Demascus and Kobi Karp Architecture & Interior Design Principals Kobi and Nancy Karp.

The evening was attended by an exclusive group of top real estate industry leaders and executives including Kobi Karp, Louis Birdman, Dan Kodsi, Taylor Collins, Allen Morris, Scott Sherman, Avra Jain, Kevin Venger and Ronny Finvarb, amongst others. Guests had the opportunity to network and share their experiences developing and building in South Florida through thoughtful discourse, while forging new relationships with senior executives.

Guests enjoyed an omakase dinner curated by Chef Amir Anvari of Omakase Direct in a unique, architecture studio transformed private restaurant setting. Guests left with signed Assouline Kobi Karp books, kobi Karp backpacks and gear.

PROFILE's Power Dinner Council is where compelling minds connect to leverage their influence and grow their businesses through shared thought leadership and authentic conversation - the impact of which extends far beyond the evening. Our goal is to provide leaders with related business interests to meet and interact in an intimate, high-end, and unique setting.

The event was also covered by World Red Eye.

Imagery via World Red Eye

Avra Jain To Break Ground On 555 River House In January 2020

Avra Jain is planning to break ground on the Carlos Zapata and O’Donnell Dannwolf and Partners-designed 555 River House in January 2020. Located on the Miami River, River House will be a mixed-use development with 39 luxury condos, a 175-key hotel, 120,000 SF of office space and 36,650 SF of commercial space. The hotel will be managed by the New York-based Sixty Hotels and the condos will be under the same brand, both of which will share the amenities. The condominium component is expected to ask around $1,150 PSF, priced between $1 million and $1.5 million. 555 River House will also feature 10 boat slips and a 600’ public river walk.

Miami Developer Avra Jain, Founder Of The Vagabond Group, Sells Venetian Island Home For $7.5 Million

Avra Jain, developer and Founder of The Vagabond Group, has sold her Venetian Island home for $7.5 million to California buyer, Mark Moses, CEO and Founder of CEO Coaching International. The property was completed in March 2019, it was been fully renovated with impeccable designs by Nandez D&D and features state-of-the-art smart home appliances. Located at 608 W Dilido Dr., the home was listed for $8.95 million with Allen Davoudpour of Compass & Filippo Incorvaia with Douglas Elliman. Jain paid $925,000 for the 10,500 SF lot in 2002. She recently renovated the property with Nandez D&D. It features Italian porcelain tile, white oak floors, a chef’s kitchen, wine cellar, and home automation. The property also includes a climate-controlled pool, a patio and private dock.

The impeccably-redesigned 2003-built residence sits beyond a gated entrance, offering the ultimate living comfort. The home is bathed in natural light with abundant floor-to-ceiling windows, the ambience is enriched by the finest upscale finishes including Italian porcelain tile on the main level and American white oak engineered wood flooring upstairs, Italian matte lacquered doors by BERTOLOTTO. The home features 5 bedrooms, 5 full bathrooms and 1 half-bath spread over 5,634 SF. Details include a floor-to-ceiling glass wine cellar, top-of-the-line Italian chef’s kitchen with cabinets by Scavolini and top-grade German appliances by Gaggenau, and an elegant bathrooms with double sinks and showers in the master suite. Outside features a climate-controlled swimming pool, waterside patio and lawn for entertaining, designer landscapes and lighting, plus private dockage for your boat, with direct access to Biscayne Bay.

Photos via Compass Real Estate

For more information about homes on the Venetian Islands, private showings, availability or purchasing/ leasing information please fill out the form below:

Avra Jain and Dragonfly Investments Buy Another MiMo Motel

A partnership between Avra Jain and Dragonfly Investments, called Gold Dust 7700 LLC, just purchased a motel in the MiMo District – not far away from the Vagabond Hotel, also owned by Jain. Property records show they paid $6 million for Motel Blu at 7700 Biscayne Boulevard, a two-story, 60-unit building next to the cabaret nightclub Gold Rush. The deal breaks down to $100,000 per room.

Jain wrote that she and Dragonfly planned to enhance and renovate the hotel, and to modernize its name: Gold Dust. The partners financed the acquisition with a $5.5 million dollar loan from Continental Bank. Jain has been credited with leading new investment and preservation in the MiMo District, where she also restored the Vagabond Hotel and South Pacific Motel.

Jain says she was attracted to the aesthetics of the neighborhood and the historical designation many buildings have. Unlike many developers, she considers her local environment thoughtfully when investing to avoid disrupting residents who want to preserve the residential sentiment of their community.  

"Sense of place is created by the people there, not the developers, so it's developers' responsibility to keep the placemakers around. I’m really sensitive to that," she says. Her restoration plans aim to improve existing structures, instead of capitalizing on a higher-density project. Despite the opinion of many residents that the city favors developers, many attempts of going vertical have not approved in MiMo.

MiMo refers to Miami Modern Architecture, a local style of architecture that advanced in South Florida throughout the post-war period. It is known as a playful response to the international architectural movements, that embraced the climate and booming resort industry in Miami at the time. MiMo’s themes of glamour, fun, and material excess can be observed in the Design District, Miami Beach, and Biscayne Boulevard.

Article by: Katya Demina & Stephanie Warren

Avra Jain, Founder of The Vagabond Group, Lists Venetian Islands Contemporary For $8.95 Million

Avra Jain, developer and founder of The Vagabond Group behind the infamous Vagabond Hotel in Mimo, has listed here Venetian Islands contemporary for $8.95 million. The home, located at 608 W Dilido Dr. is set to be completed this summer (2018) and was fully renovated by Nandez Design after being originally built in 2003. 

The waterfront retreat features 5 bedrooms, 5 bathrooms and 1 half-bath spread over 5,634 SF. Features include floor-to-ceiling glass wine cellar and smart home features including August Smart Lock, Nest smart thermostats and security cameras, a Lutron Caseta smart lighting system, and home automation system compatible with Amazon Alexa. The home also offers a chef’s kitchen with Italian cabinets by Scavolini and top-grade German appliances by Gaggenau, and elegant bathrooms with double sinks and showers in the master suite. Finishes include Italian porcelain tile on the main level and American white oak engineered wood flooring upstairs, Italian matte lacquered doors by BERTOLOTTO.

Outside offers a climate-controlled swimming pool, waterside patio and lawn for entertaining, designer landscapes and lighting, plus private dockage for your boat, with direct access to Biscayne Bay.
 
608 W Dilido Dr. is currently listed for $8,950,000 with Allen Davoudpour & Filippo Incorvaia of Douglas Elliman.

Photos via Douglas Elliman