Monaco Yacht Club & Residences Receives TCO, Begin Closings In Miami Beach

Monaco Yacht Club & Residences, the widely-anticipated, new boutique Bayfront residences and private marina in Miami Beach, has received its temporary certificate of occupancy (TCO), signaling the start of closings. The project was developed by Optimum Asset Management USA. Monaco Yacht Club & Residences offers just thirty-nine luxurious waterfront residences delivered fully finished with curated interiors by two of the most esteemed names in design, Piero Lissoni and Arquitectonica.

In addition to announcing this milestone, Optimum Asset Management USA has disclosed that only two residences remain – including a two-bedroom, two-and-a-half bathroom, plus den, villa with direct marina access and boat slip -- as the tower rapidly approaches a complete sell-out.

“Seeing Monaco Yacht Club & Residences come to fruition and receive TCO is an especially proud moment,” said Matthew Barry, Managing Director of Optimum Asset Management USA. “The global response to the tower has been nothing short of compelling and a testament to its international appeal. We are thrilled to be showcasing this building to the world and celebrating the continued excitement surrounding its unveiling.”

Monaco Yacht Club & Residences feature one to four-bedroom residences, ranging in size from 918 to nearly 5,000 square feet, and two one-of-a-kind penthouses with spacious living areas, private terraces and summer kitchens. Primed for indoor/outdoor living and entertaining, the meticulously designed homes feature expansive wraparound terraces – each with sweeping views of Biscayne Bay, the Atlantic Ocean and the Miami skyline – as well as contemporary Italian kitchens by Boffi.

Additional highlights within the residences include stone countertops, 10 to 11-foot-high ceilings throughout, large walk-in closets, private elevator entrances, and premium bathroom interiors featuring imported Italian marble flooring, large tubs and frameless, glass-enclosed rainfall showers with designer faucets.

“The DNA of the Côte d’Azur is reflected in every single design element of Monaco Yacht Club & Residences, giving residents the unique opportunity to live the one-of-a-kind South of France lifestyle,” said Edgardo Defortuna, president and CEO of Fortune International Group, the exclusive brokerage of the project. “We have a lot of excited residents that we cannot wait to welcome and celebrate the very best Miami Beach has to offer.”

Each of the modern unit interiors were meticulously curated with precise attention to detail, inclusive of the refined Italian-made fixtures and finishes, while a design palette of warm whites and rich woods was used for the lobby and the premier “Resident’s Lounge,” which features a library and breakfast bar for leisurely waterfront dining.

“It has been an honor to be part of the construction of this amazing architectural gem,” said Brett Atkinson, President of South Florida for Moss Construction, the tower’s general contractor. “It was a pleasure to work with Optimum Asset Management USA; we could not have reached TCO without our experienced subcontractors and suppliers.”

The nautically-themed, 12-story boutique building features a variety of resort-style amenities, including a rooftop terrace featuring panoramic views of the Miami skyline and a pool with poolside chaise lounge chairs, Jacuzzi and shaded lounge areas with a grill for entertaining. Offering the best of a yachtsman’s lifestyle, a 12-slip marina is exclusively available to residents of Monaco Yacht Club & Residences, as well as a yachting concierge and other waterfront amenities such as paddle boarding and kayaking.

Units at Monaco Yacht Club & Residences are priced from $1.1 million with exclusive sales and marketing overseen by Fortune Development Sales.

Venetian Islands Masterpiece With Landscape Design By L&ND Design Hits Market For $22.5 Million

A new architectural masterpiece on the Venetian Islands with views of Downtown Miami and stunning landscaping by L&ND Design has just hit the market $22,500,000. The home features the last and only city approved rooftop terrace with elevator access, leading to a 2,300 SF outdoor space featuring a summer kitchen, covered dining and outdoor shower. The home is spread over 3 floors, offering 8,665 SF of living space featuring 5 bedrooms, 6.5 baths, rooftop lounge, cabana bath and over 100’ of water frontage.

Inside, the home features a dual floating staircase known as pièce de résistance, crafted out of wood, glass and stone. Design elements incorporate Boffi & Gaggenau Kitchen, European white oak flooring, wine cellar with Acacia wood custom made in Italy can hold up to 2,000 bottles, floating walls, 12 feet ceilings and a Master Suite that floats above the Bay. The standout interior also features design elements such as a double height dramatic foyer entrance with black granite flooring and Stained white oak details, Micro cement on walls mixed specifically for this home to match exterior façade, Fiberglass wall for natural light, Burnt cement elevator landing and custom 12’ door, Koi ponds throughout the exterior, green living wall, Fleetwood Windows with Sun tint, Motorized shades throughout, Sun shades in living areas and Stackable window system for indoor/outdoor flow.

The home also features landscape architecture by former design director of Raymond Jungles, Matthew C. Lewis and his firm L&ND Design, including a spectacular wrap around living green wall, a secret garden for outdoor dining, and a bayfront lounge. A negative edge swimming pool, custom hot tub, 2 car garage, and fully automated Crestron Audio/Visual Systems.

430 W San Marino Drive is currently listed for $22,500,000 with Dina Goldentayer of Douglas Elliman Real Estate.

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