Winston Capital Affiliate Acquires Bay Harbor Islands Waterfront Homesite For $18 Million
An affiliate of David Burstyn's Winston Capital Management has acquired a premier waterfront homesite in Bay Harbor Islands for $18 million, marking a record land sale in the island community. Property records show Winston Bay Harbor purchased the nearly half-acre parcel at 10312 West Broadview Drive from a family trust in an off-market transaction that closed this week. The sale agreement, signed by trustee Noah Burton, was recorded in May.
An affiliate of David Burstyn's Winston Capital Management has acquired a premier waterfront homesite in Bay Harbor Islands for $18 million, marking a record land sale in the island community.
Property records show Winston Bay Harbor purchased the nearly half-acre parcel at 10312 West Broadview Drive from a family trust in an off-market transaction that closed this week. The sale agreement, signed by trustee Noah Burton, was recorded in May.
The north-facing waterfront property is expected to be redeveloped into a luxury speculative residence. The site offers enough development potential for an approximately 12,000-square-foot custom home, creating an opportunity for one of Bay Harbor Islands' largest new waterfront estates.
The transaction equates to approximately $914 per square foot of land. The property previously traded for $12.3 million in 2023, illustrating the rapid increase in values for premier waterfront homesites in Bay Harbor Islands.
Priscilla Burstyn of The Baron Agency represented the buyer in the transaction. The seller was represented by Zalmy Shapiro and Joel Lusky of The Brokerage South Florida, together with Jordan Karp of Jordan Karp LLC.
Burstyn serves as CEO of Winston Capital Management, a Miami-based real estate investment and lending firm. He is also a principal and co-founder of Redwood Dev Co, a development company focused on workforce and affordable housing communities.
The acquisition comes as Bay Harbor Islands continues to attract luxury residential investment due to its limited waterfront inventory and proximity to Bal Harbour, Surfside, and Indian Creek Island. The municipality has seen a series of notable residential transactions in recent years, including the 2024 sale of the waterfront estate at 9520 West Broadview Drive for just under $22 million. Earlier this year, another waterfront residence at 9640 West Broadview Drive sold for $21.8 million, establishing a new record for price per square foot in the community.
With demand for premier waterfront properties remaining strong and developable bayfront parcels becoming increasingly scarce, the acquisition at 10312 West Broadview Drive highlights the continued strength of Bay Harbor Islands' luxury residential market and the premium buyers and developers are willing to pay for exceptional waterfront homesites.
Images via Jordan Karp LLC
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Continuum Company Locks Down $67 Million Construction Loan For La Baia North, Bay Harbor Islands
Continuum Company has secured a $67 million construction loan from S3 Capital to advance La Baia North, its second boutique bayfront condominium in Bay Harbor Islands. The eight-story project at 9481 E Bay Harbor Drive will feature 57 residences, is already 75% pre-sold, and is scheduled for delivery beginning of 2027.
Continuum Company has secured a $67 million construction loan from S3 Capital to advance La Baia North, its second boutique bayfront condominium in Bay Harbor Islands. The eight-story project at 9481 E Bay Harbor Drive will feature 57 residences, is already 75% pre-sold, and is scheduled for delivery beginning of 2027.
The milestone underscores the vision of Ian Bruce Eichner, the acclaimed New York developer behind Continuum South Beach, Continuum Club & Residences, and the recently acquired Palm Tree Club site in North Bay Village.
With La Baia South, its sister project, fully sold and expected to receive its Temporary Certificate of Occupancy in Q4 2025, La Baia North continues Eichner’s mission to deliver transformative waterfront projects that redefine luxury living in South Florida.
In line with Continuum’s hospitality-first approach, buyers receive lifestyle-driven services including a private yacht club membership,exclusive access to Dorsia app, and Boucher Brothers beach parnership, as soon as contract signing.
The development is strategically located near popular attractions such as Bal Harbour Shops and Miami's beaches. Each unit offers expansive layouts with terraces, catering to both luxury and convenience. The interiors, curated by Durukan Design, will feature European wide-plank wood flooring, custom kitchens with Miele appliances, and high-end finishes throughout.
La Baia North also boasts over 20,000 square feet of amenities, including a rooftop deck with a splash pad, a fitness center, heated spas, and a sunset lounge with a fire pit. Additional amenities include kids' play areas, a rooftop grill station, and water sports facilities. Additional amenities at La Baia North include: dock-side pick-up and drop-off area; residents’ Tesla program; water sports launch dock with kayaks, inflatables, and paddleboards; and more. Residents will also have access to a 24/7 concierge, valet services, and a full-time property manager for added convenience.
Renderings and photos via Continuum Company
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Continuum Company Breaks Ground on La Baia North in Bay Harbor Islands
Continuum Company has officially begun construction on La Baia North, a 57-unit luxury condominium in Bay Harbor Islands. The development, expected to be completed by 2027, is already 60% sold and will feature spacious two- to four-bedroom units starting at $1.4 million.
Continuum Company has officially begun construction on La Baia North, a 57-unit luxury condominium in Bay Harbor Islands. The development, expected to be completed by 2027, follows the success of the fully sold La Baia South. La Baia North, already 60% sold, will feature spacious two- to four-bedroom units starting at $1.4 million, with waterfront views of Biscayne Bay, Miami Beach, and Downtown Miami. Designed by architect Luis Revuelta, the eight-story condominium emphasizes modern luxury, with a range of resort-style amenities and private boat slips.
"Breaking ground on La Baia North marks a pivotal moment for Bay Harbor Islands, an area with immense untapped potential," said Ia Bruce Eichner, Chairman and CEO of Continuum Company. "This project demonstrates our commitment to development in this thriving community. La Baia North will set a new standard for waterfront living, blending the neighborhood’s unique character with modern sophistication.”
The development is strategically located near popular attractions such as Bal Harbour Shops and Miami's beaches. Each unit offers expansive layouts with terraces, catering to both luxury and convenience. The interiors, curated by Durukan Design, will feature European wide-plank wood flooring, custom kitchens with Miele appliances, and high-end finishes throughout.
La Baia North also boasts over 20,000 square feet of amenities, including a rooftop deck with a splash pad, a fitness center, heated spas, and a sunset lounge with a fire pit. Additional amenities include kids' play areas, a rooftop grill station, and water sports facilities. Residents will have access to a 24/7 concierge, valet services, and a full-time property manager for added convenience.
With strong pre-sales and an attractive location, La Baia North is expected to contribute to the ongoing transformation of Bay Harbor Islands as a prime waterfront destination.
Renderings and photos via Continuum Company
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SOLINA BAY HARBOR BREAKS GROUND AT 50% SOLD
The boutique condominium development Solina Bay Harbor has broken ground after reaching a 50% sales milestone within six months. Located at 1055 93rd Street in Bay Harbor Islands, the project is set to offer a collection of high-end residences with a completion date projected for Q4 2025.
The boutique condominium development Solina Bay Harbor has broken ground after reaching a 50% sales milestone within six months. Located at 1055 93rd Street in Bay Harbor Islands, the project is set to offer a collection of high-end residences with a completion date projected for Q4 2025.
Solina Bay Harbor will feature nine residences, including two penthouse villas. The units range from 1,400 to 2,600 square feet, with options for two, three, and four bedrooms. The development emphasizes privacy, offering one to two units per floor, and includes amenities such as a pool with a summer kitchen, a fitness center, a courtyard, and covered parking. Prices for the units start at $1,699,000.
The design team for Solina Bay Harbor includes CLA+D, Pliskin Architecture (PANYC), and FAB314, with sales and marketing efforts managed by Powered by DMT in partnership with The INSIDE Network.
Alyssa Soto Brody, Co-Founder, Powered by DMT. “The development’s blend of exclusivity, modern design, and prime location in Bay Harbor Islands has resonated strongly with local and international buyers looking for a luxury home in South Florida. This global interest speaks to the unique appeal of the building and the quality of life it offers.”
RedHoek+, the firm behind the development, is expanding its presence in South Florida after experiencing growing interest in the region, particularly from both local and international buyers. This marks the firm's second project in Bay Harbor Islands, following the success of its initial venture in the area.
FIRST ON PROFILE: Indian Creek Residences & Yacht Club in Bay Harbor Locks Down $29 Million Construction Loan
FIRST ON PROFILE: The New York and South Florida-based Landau Properties has closed on a construction loan for Indian Creek Residences & Yacht Club on Miami’s Bay Harbor Islands, a boutique residential property, which will include condominium residences and a private marina. Construction on the development is now underway and sales will formally launch this fall. Miami-based private real estate lender BridgeInvest originated the $29 million loan.
FIRST ON PROFILE: The New York and South Florida-based Landau Properties has closed on a construction loan for Indian Creek Residences & Yacht Club on Miami’s Bay Harbor Islands, a boutique residential property, which will include condominium residences and a private marina. Construction on the development is now underway and sales will formally launch this fall led by Official Partners which was founded by Oren and Tal Alexander of the Alexander Team.
Miami-based private real estate lender BridgeInvest originated the $29 million loan to finance the ground-up construction of Indian Creek Residences & Yacht Club. It is the firm’s most recent transaction in its flagship fund, BridgeInvest Specialty Credit Fund IV, which focuses on development, bridge and value-add lending throughout the U.S. Raffi Landau of Estreich and Company arranged the construction financing provided by BridgeInvest.
“We are pleased to have the confidence of BridgeInvest on this very special project that will offer an unparalleled opportunity on the Bay Harbor Islands,” said Jonathan Landau, Founder and CEO of Landau Properties. “We received strong lender interest for this project, and this financing package affirms our team's ability to create an incredible residential experience with a combination of an amazing waterfront location, service-oriented lifestyle and world-class design. BridgeInvest, a highly regarded lending institution in South Florida, proved to be the perfect partner given their established local presence and robust construction abilities. It was a pleasure getting to know the BridgeInvest team and working with them on this transaction. Indian Creek Residences & Yacht Club has already captured interest from today’s most discerning buyers, and we look forward to seeing the building come to life, with demolition now underway.”
“We are excited to finance a unique, design-forward, boutique project on one of the best developable waterfront lots in Bay Harbor Island,” said Alex Horn, BridgeInvest managing principal and founder. “Jonathan Landau and his team are already proving their abilities to leverage their decades of development experience as they embark on creating the Landau Properties brand. We wish them continued success."
Indian Creek Residences & Yacht Club, which Landau Properties acquired the site for in 2022, will bring nine luxury condominium homes and six private yacht slips. The boutique building provides one of the only private yacht clubs in the area, as well as a sought-after opportunity to overlook the coveted Indian Creek Island. The waterfront development is being designed by Kobi Karp with interiors by Linda Zarifi of Zarifi Design.
Renderings via Landau Properties
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Chicago-Based Regency Development Group Launches Kobi Karp-Designed La Maré Bay Harbor Islands
Chicago-based Regency Development Group has launched La Maré, an exclusive collection of two light-filled modern contemporary boutique residential buildings in Bay Harbor Islands. La Maré features the 33-unit Regency Collection and the 9-unit Signature Collection, featuring vertically stacked tropical luxury villas designed by world-renowned architect Kobi Karp, while Brazil-based Debora Aguiar Arquietetos leads the interior design.
Chicago-based Regency Development Group has launched La Maré, an exclusive collection of two light-filled modern contemporary boutique residential buildings in Bay Harbor Islands. La Maré features the 33-unit Regency Collection and the 9-unit Signature Collection, featuring vertically stacked tropical luxury villas designed by world-renowned architect Kobi Karp, while Brazil-based Debora Aguiar Arquietetos, known for her design of 1 Hotel South Beach among others, leads the interior design. La Maré represents Regency Development Group’s first project in the South Florida market. Groundbreaking is expected for later this year and completion is expected in 2025. Residences will range from $1.375 million to $8 million.
“With recycled materials as the foundation, the design ethos is centered around its honoring natural surroundings - water and its movement – to create an ongoing connection to the environment,” said Kobi Karp. “The positioning of each building on the island is intentionally set to optimize sunlight and natural air flow through each residence, while the glass enwrapped LEED certified spaces accentuate peak sunrise and sunset views.”
“We’re creating sky villas that provide families with expansive living and entertainment spaces right on the water in a pocket of Miami that provides everything families desire, from top dining options to one of the top-ranked schools in Miami-Dade County,” said Michael Troyanovsky, Managing Partner of Regency Development Group. “As a company that is family-run, we value and understand what families are looking for in South Florida.”
The eight-story Regency Collection glass-clad modern boutique building will feature 33 residences. Soft interiors frame the panoramic ocean blues by nine-to-10-foot floor-to-ceiling windows that open out to expansive wraparound outdoor living spaces. The residences with direct private elevator access will range from two bedrooms, two baths to four bedrooms, four and a half baths with 1,600 to more than 4,000 square feet of living space. On the second floor, two prestigious 4,200 square feet Bay Villas adorn the north and south corners featuring spiral staircases that lead down to the ground deck with their own individual pools and summer kitchens. Four penthouses top the building, of which two are flow-through corner residences with access to their own private rooftop pools and summer kitchens.
Exclusive building amenities for the Regency Collection include a state-of-the-art fitness center and residential lounge for group gatherings and screenings.
“I liken La Maré’s Regency Collection to a Harlequin butterfly that opens up in both east and west directions,” said Kobi Karp, founder and principal of Kobi Karp Architects. “This design creates flow-through residences with three glass wraparound windows that bring the outdoors in.”
This eight-story Signature Collection building will feature an exclusive collection of only nine residences thoughtfully designed for families with privacy at the forefront, ranging from 2,100 to more than 4,200 square feet. The top four floors will be comprised of one residence per floor with four bedrooms and four and a half baths. The rest of the building will offer three-bedroom residences and one standout residence will be at the lobby level with private access to the waterfront sundeck.
Exclusive Signature Collection building amenities include a state-of-the-art fitness center, a wine cellar and outdoor kitchen and bar lounge. Residences will range from $2.875 million to $6.3 million. Groundbreaking is planned for later this year and completion is expected in late 2024.
Inspired by the movement of water, The Signature and Regency Collections will offer bayfront verandas and outdoor spaces with landscaping, boat slips, lounge areas and a resort-style rooftop pool deck that will have a pool, jacuzzi and lounge chairs.
Designed to be LEED certified and blend with the neighborhood of Bay Harbor, the low impact all-glass buildings will be constructed on elevated pilings that allow the buildings to be independent of high and low tides to adhere to the everchanging climate of South Florida.
The orientation of the buildings is designed to reduce carbon footprint by minimizing energy loads and maximizing natural sunlight. By incorporating all-glass balcony shadow boxes, its architecture plays with the sunlight to reduce solar gain and maintain a cool temperature throughout the building.
Green rooftops with tree canopies, open green lounge areas and a pool will be built to create a third place for residents to connect and entertain all while doubling as building insulators. The green rooftops will be built on raised wood-like decks made from recycled plastic lifted off the concrete roof to create a natural cooling system, which reduces the use of added material for roof insulation by 70%. Its lush greenery will exclusively feature native species sustained by two-meter irrigation systems that capture and filter rainwater.
Recycled locally sourced materials are married throughout the interiors blending bleached driftwood, travertine, sand-colored natural stones, concrete and metals to create idyllic modern sprawling living areas enhanced by panoramic bay views. Other interior features include private and/or semi-private elevators, elegant custom Italian kitchen and bath fixtures by Antonio Lupi, dual shower and deep soaking tub in primary bathrooms, stone countertops, cabinetry by top-of-the-line luxury Italian brand Poliform and Miele appliances. Additional sustainable features include HEPA filtration systems and in-line heating, Insta-hots, displacing traditional hot water tanks that hold mold overtime.
The Regency Collection La Maré Residences will be located at 9927 E Bay Harbor Drive, Bay Harbor Islands, FL 33154 and the Signature Collection La Maré Residences will be located at 9781 E Bay Harbor Drive, Bay Harbor Islands, FL 33154. The Sales Gallery is at 10301 E Bay Harbor Dr. Bay Harbor Islands, FL 33154.
New York-Based Developer The Horizon Group Launches Sales For 9900 West Condominium On The Bay Harbor Islands
The Horizon Group has launched 9900 West Condominium, a luxury 23 residence waterside condominium development in Miami’s sought-after Bay Harbor Islands. 9900 West Condominium represents the first project in South Florida for Horizon Group, a longtime New York City residential and commercial real estate development firm. 9900 West Condominium is located at 9900 West Bay Harbor Drive.
The Horizon Group has launched 9900 West Condominium, a luxury 23 residence waterside condominium development in Miami’s sought-after Bay Harbor Islands. 9900 West Condominium represents the first project in South Florida for Horizon Group, a longtime New York City residential and commercial real estate development firm. 9900 West Condominium is located at 9900 West Bay Harbor Drive, Bay Harbor Islands, FL 33154.
Sales for 9900 West Condominium launched March 13, with Douglas Elliman Development Marketing as the exclusive sales & marketing team. Construction is estimated to begin in Q4 of 2023, and slated for completion in Q4 of 2024. Pricing per residence will range from $1.1 million – $5.5 million.
This boutique development offers a limited collection of luxury waterside residences, with available private boat slips. Offering waterfront access with no fixed bridges to Biscayne Bay and the Atlantic Ocean, 9900 West Condominium beckons with the quintessential Bay Harbor Islands lifestyle.
With architecture by Miami Beach’s award-winning Frankel Benayoun Architects and interior design by Craft-Studio, 9900 West Condominium offers two-bedroom, two-bathroom; three-bedroom plus den, two-bathroom and one powder room; and four-bedroom plus den, four-bathroom and one powder room residences, ranging in size from 1,202–3,206 square feet.
All residences, fully finished and ready to move in, feature 9-foot ceilings and floor-to-ceiling sliding glass doors and windows, allowing natural light to pour in. Bedrooms offer generously sized double-closet space, including a walk-in closet. Each residence includes a Miele washer and dryer. Lushly landscaped courtyards are accessible from select residences. Additional features include a den or home office, additional full bathroom or powder room and additional private storage spaces.
Two-tone European design kitchens feature white lacquered wood and light oak wood cabinetry, and Calacatta marble stone countertops. Water features are by Gessi and Kohler, and appliances will be by Miele.
Situated on more than 5,000 square feet of beautiful tropical landscaping by Coral Gables-based Geomantic with open green spaces throughout, 9900 West Condominium features exquisite amenities. These include a more than 9,000-square-foot lushly landscaped rooftop with a Finnish overflow saltwater pool, heated soaking spa, expansive sun terrace, lounging areas, trellis-covered lounge area overlooking the water, summer kitchen, and breathtaking sunset views.
Additional offerings include a bayside terrace, party room with water-facing balcony and entertainer's kitchen, fitness center, dog spa, and porte cochere arrival with waterfall detail. 9900 West Condominium is also pet-friendly.
Ten private boat slips, accommodating up to 30-foot vessels, are available for exclusive owner purchase. The dockside pickup and drop-off area makes boating easy and convenient.
Epitomizing elegant outdoor South Florida living, 9900 West Condominium will also offer paddleboard and kayak board storage, bicycle storage, package storage, valet parking and available garage parking spaces, a front desk receptionist, EV charging stations, high-speed elevators, and more.
Founded in 1947 by lawyer, banker and philanthropist Shepard Broad, the two-island Bay Harbor Islands is a peaceful and picturesque community, now experiencing a renaissance as numerous luxury developments have been announced in past months. In close proximity to Bal Harbour Island, home of the exclusive Bal Harbour Shops; Surfside, Sunny Isles and Miami Beach, 9900 West Condominium offers access to the best South Florida has to offer.
“We are pleased and excited to bring the success that we have experienced with our 30 New York City commercial and residential real estate projects to South Florida with 9900 West Condominium,” said David Marom, owner of The Horizon Group. “A unique, boutique luxury project, 9900 West Condominium is ideal for the luxury buyer who seeks elegant waterside living in Miami’s beautiful Bay Harbor Islands.”
“9900 West Condominium is a gem in Bay Harbor Islands, with an incredible waterside location with waterfront access to Biscayne Bay and the ocean, luxurious appointments and amenities, and much more,” said Jay Phillip Parker, CEO of Douglas Elliman Florida and President of Douglas Elliman Development Marketing, Florida. “We expect this limited collection development will experience exceptional sales.”
The 9900 West Condominium sales gallery is located at 1111 Kane Concourse, 3rd Floor, Bay Harbor Islands, FL 33154. For more information about 9900 West Condominium, call 305.424.9900.
Renderings via Craftcg.com
'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.
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Clara Homes Breaks Ground on 'Clara Bay Harbor' On The Coveted Bay Harbor Islands
On the heels of closing on a $26 million construction loan for Clara Bay Harbor, Clara Homes has broken ground on Phase 1 of its luxury rental development, Clara Bay Harbor. Located at 10281 W. Bay Harbor Drive, the first building, a six-story midrise, will feature 28 well-appointed apartments designed with the same quality and level of finish as a luxury condominium. Inspired by New York’s famous apartment buildings, with personalized doormen and concierge service.
On the heels of closing on a $26 million construction loan for Clara Bay Harbor, Clara Homes has broken ground on Phase 1 of its luxury rental development, Clara Bay Harbor. Located at 10281 W. Bay Harbor Drive, the first building, a six-story midrise, will feature 28 well-appointed apartments designed with the same quality and level of finish as a luxury condominium. Inspired by New York’s famous apartment buildings, with personalized doormen and concierge service, walkability and convenient amenities onsite, the development will create a new tier of rental living in Miami and appeal to renters wanting the experience of home, without the hassle. The first building is scheduled to complete in 2024.
Clara Homes is a Miami-based, vertically integrated real estate firm specializing in residential development, custom single-family homes and operations oversight led by James Curnin. OHLA is leading construction.
"The groundbreaking is a huge milestone for Clara Bay Harbor and a leap forward in turning our vision into reality,” said James Curnin, CEO and Founder of Clara Homes. “We are excited to reimagine the rental experience in the market and have already seen a great deal of support and praise from people in the community on the concept.”
Nestled between the world-famous Bal Harbour Shops and Miami’s exclusive Indian Creek, Clara Bay Harbor is a premier rental project featuring 150 residences across three buildings. It will offer an enviable lifestyle and location in the heart of Bay Harbor, situated just minutes from the Atlantic Ocean as well as the best shopping and dining in the city. The first building will feature two- to five-bedroom spacious floor plans, a parking garage and a rooftop space with amenities that include a swimming pool, exercise area and sundeck. A full-time concierge will provide five-star service and highly curated experiences to residents.
“OHLA is proud and excited to be part of this project. These luxury apartments will, without a doubt, be the “must have” address for South Florida residents. We look forward to our part in bringing this iconic project to life, “ said Bernardo Perez, Executive Vice President of OHLA.
Following Clara Homes’s success developing, building and selling numerous Miami and Los Angeles luxury spec homes for above market rate prices, Clara Bay Harbor is the company’s first South Florida multifamily development and represents the developer’s expertise building thoughtful projects from the ground up. Construction for Clara Bay Harbor will be completed in three phases: one for each building. The other two buildings located at 1147-1163 100th Street and 10200 East Bay Harbor Drive are scheduled to break ground later this year. The entire master plan is expected to be completed by late 2025.
Clara Bay Harbor is part of a larger wave of new development that is transforming the neighborhood of Bal Harbor into an exclusive luxury destination. Known as one of the most desirable residential addresses in Miami, the area has always been celebrated for its small-town feel and focus on community, and will only grow as new high-profile projects, from Clara Bay Harbor to towering condominiums on the waterfront and mixed-use concepts along Kane Concourse, open and attract the most discerning residents.
Leasing for Clara Bay Harbor will be exclusively handled by Douglas Elliman Development Marketing.
CMC Group and Morabito Properties Top Off Construction On Onda Residences In Bay Harbor Islands
Ugo Colombo’s CMC Group and Valerio Morabito’s Morabito Properties have topped off Onda Residences at 8 stories in Miami’s exclusive Bay Harbor Islands community. The bayfront Onda Residences is a 41-unit boutique luxury condominium project being developed along Biscayne Bay at 1135 103rd Street. 85% of its units are already sold ahead of its completion which is slated for later this year.
Ugo Colombo’s CMC Group and Valerio Morabito’s Morabito Properties have topped off Onda Residences at 8 stories in Miami’s exclusive Bay Harbor Islands community. The bayfront Onda Residences is a 41-unit boutique luxury condominium project being developed along Biscayne Bay at 1135 103rd Street. 85% of its units are already sold ahead of its completion which is slated for later this year. Coastal Construction serves as the development’s general contractor. Onda will be the first newly-built condominium to deliver and welcome residents among a slew of recently launched projects coming over the next few years to Bay Harbor Islands, which is currently experiencing a surge in new development activity.
“Once complete, Onda will be a coveted residential retreat in one of Miami’s most desirable neighborhoods,” said developer Ugo Colombo, Founder of CMC Group. “The building’s boutique lifestyle, idyllic bayfront location, and timeless design will make it a standout property for years to come,” added developer Valerio Morabito, CEO of Morabito Properties.
Residences consist of impeccably finished units ranging from two- to four-bedroom plus den floorplans, measuring between 1,809 and 3,535 square feet in size. Four penthouse residences measure up to 5,073 square feet – two of which include private rooftop pool decks. With only a limited selection of residences remaining, inventory is priced between $5 million and $8.4 million.
All residences will feature an office/den, private and semi-private high-speed elevators, floor-to-ceiling, impact-resistant sliding glass doors and windows, spacious tiled terraces with private gardens, open floor layouts with up to 9-foot grand ceiling heights, fully-accessorized Snaidero kitchens with top-of-the-line Miele appliances, bathrooms with Italian marble and wood cabinetry, exquisite Italian flooring throughout, energy-efficient air conditioning and heating systems with ultra-quiet technology, and air and water filtration systems.
Onda – also known as the Italian word for “wave” – is designed by Bernardo Fort-Brescia of Arquitectonica, with interiors imagined by creative design masterminds Carlo and Paolo Colombo of A++ Human Sustainable Architecture, and lush landscaping by award-winning landscape architect Enzo Enea of Enea Garden Design.
Onda’s prime Bay Harbor Islands location offers more than 300 linear feet of bay frontage and sweeping views of Biscayne Bay and the Atlantic Ocean. Among Onda’s most popular features is its private marina with 15 boat slips, which are exclusively available for residents to purchase. The development will also include a water sports launch dock with kayaks, paddle boards and inflatables available for use, in addition to direct ocean access through Miami’s Haulover inlet.
Building amenities will include a rooftop pool deck and lounge area; a state-of-the-art fitness center with Technogym equipment, a yoga studio, a spa with massage treatment rooms, changing facilities, and steam bath and sauna rooms. Onda will also feature personalized services, state of the art security and technology along with a front desk reception, covered valet drop-off area, personal parking spaces, electric vehicle charging stations and bicycle storage, and residential storage space. The building will offer an integrated digital concierge along with readily accessible WiFi throughout all public spaces, and FTTH (fiber to the home) technology for voice, video and high-speed internet.
Colombo and Morabito previously partnered in 2016 to lead the development of Beach House 8, a nearby boutique waterfront condo building on Collins Avenue in Miami Beach. Most recently, Colombo and his firm CMC Group delivered Brickell Flatiron, a 64-story luxury tower in Downtown Miami’s Brickell Financial District. Now, the firm is gearing up to start construction at Vita at Grove Isle, an ultra-luxury boutique condominium development located on the private island of Grove Isle in Miami’s Coconut Grove neighborhood. Morabito is also currently developing Wyncatcher, a mixed-use office development in Miami’s Wynwood Arts District.
Images via CMC Group/ Morabito Properties/ Become Legendary
An affiliate of David Burstyn's Winston Capital Management has acquired a premier waterfront homesite in Bay Harbor Islands for $18 million, marking a record land sale in the island community. Property records show Winston Bay Harbor purchased the nearly half-acre parcel at 10312 West Broadview Drive from a family trust in an off-market transaction that closed this week. The sale agreement, signed by trustee Noah Burton, was recorded in May.