SoLé Mia Debuts Largest Floating Pickleball Court in North Miami

Oleta Partners, a joint venture by leading developers LeFrak and Turnberry, have revealed SoLé Mia’s floating pickleball court located on its seven-acre Crystal Lagoon, marking the largest and first installation of its kind at a residential property. Custom-built by Inflatable Island, the leading designer and manufacturer of innovative aquatic entertainment and luxury floating structures, the SoLé Mia-branded court expands the 184-acre North Miami development’s outdoor lifestyle offerings and reinforces its position as a wellness-driven, walkable destination centered around recreation, connectivity and community.

“From the beginning, SoLé Mia has been designed to deliver a lifestyle that brings people outdoors and creates meaningful opportunities for recreation, wellness and connection,” said Mario Gaztambide, Senior Managing Director of Residential Properties at LeFrak. “This floating pickleball court is a natural extension of that vision, offering residents and visitors a truly unique amenity that activates the Crystal Lagoon in a new way and reinforces SoLé Mia as one of North Miami’s most dynamic lifestyle destinations.”

Spanning 69 by 33 feet, the court is located on Laguna SoLé, SoLé Mia’s swimmable, freshwater lagoon, and is available exclusively to residents and their accompanied guests. Open Friday to Sunday from 10 a.m. to 5 p.m., weather permitting, court access is offered on a first-come, first-served basis and managed by the property’s lifeguard team. Residents can enjoy one-hour sessions for singles or doubles play, with life jackets, paddles and ball provided.

The court features SoLé Mia’s signature branding directly on the playing surface, with vibrant blue coloring designed to complement the lagoon’s shimmering waters while creating a distinctive visual identity. For residents, the amenity provides a highly unique recreational experience, combining a regulation pickleball court with access to South Florida’s only Crystal Lagoon within a residential setting.

The debut builds on SoLé Mia’s broader commitment to outdoor connectivity, including the recent expansion of The Loop, its walking path network. The Loop now not only wraps around Laguna SoLé but extends throughout the property and connects residents to nearby Oleta River State Park and Florida International University’s Biscayne Bay campus, creating seamless access to more than 1,000 acres of green space, trails and active lifestyle destinations. Set between Biscayne Boulevard and Biscayne Bay, SoLé Mia brings together luxury residences, open space, recreation, shopping, dining and wellness offerings centered around its Crystal Lagoon and sandy beaches.

The new court and expanded walking paths arrive amid continued growth at SoLé Mia, where more than 1,000 residents already live across The Shoreline, Villa Solé, Villa Laguna, and ONE Park Tower. The $4 billion, 184-acre master-planned development also features a newly expanded half-acre park with Kompan-designed playgrounds; Reserve Padel at SoLé Mia, offering indoor and outdoor courts, a gym, sauna, steam room, cold plunges and an on-site Pura Vida; UHealth SoLé Mia, the University of Miami Health System’s 363,000-square-foot ambulatory medical facility; Sesame Bakery; a 17,500-square-foot dog park; and miles of jogging and bike paths across 37 acres of landscaped open space.

SoLé Mia will continue expanding with Mater Academy SoLé Mia, a K-5 charter school, as well as additional residential, dining and retail offerings underway, further advancing its vision as a walkable, wellness-driven destination for residents and the surrounding North Miami community.

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LeFrak Acquires Marina Del Rey Apartment Complex In Miami Beach From The Finvarb Group For $24.5 Million

Billionaire New York real estate investor Richard LeFrak’s LeFrak organization has acquired the Marina Del Rey apartment complex in Miami Beach from The Finvarb Group for $24.5 million, $226.852 per unit. The waterfront multifamily property is located at 1006-1022 Bay Drive in Miami Beach. The deal was overseen by Garrett Pordes and Calum Weaver of Cushman & Wakefield who represented the seller.

The Finvarb Group originally acquired Marina Del Rey in 1997 for $2.1 million. The 108-unit complex spans 84,500 square feet on a 1.4 acre site. The two existing buildings were developed in 1957 and 1961 and rise two and four stories.

The LeFrak organization has become increasingly active in South Florida. The firm is co-developing SoLé Mia in North Miami with Turnberry Associates as well as was a joint venture partners with Barry Sternlicht’s Starwood Capital Group in the redevelopment 1 Hotel & Homes in Miami Beach. LeFrak Organization also owns the Monarc at Met apartment building located at 201 SE 2nd in Downtown Miami.

Turnberry Associates and LeFrak Organization Lock Down $32 Million Construction Loan For SoLé Mia

Turnberry Associates, led by Jackie Soffer, and the LeFrak Organization, led by Richard LeFrak, have locked down a $32 million construction loan for the 187-unit Villa Solé at the $4 billion SoLé Mia mixed use masterplan in North Miami. The loan was provided by JP Morgan Chase Bank. Villa Solé is a 187 unit, 6-story multifamily building designed by MSA Architects with interiors by KDS Interiors. The building topped off Q1 2021 and is expected to be delivered Fall 2021. The developers have also planned another 190-unit multifamily building Villa Laguna.

In March 2019 the first residential tower at SoLé Mia, The Shoreline, was delivered. The SoLé Mia masterplan includes 12 towers, 500,00 SF of retail and commercial space, a 225,000 SF University of Miami Health Center, all anchored around South Florida’s first 7-acre Crystal Lagoon, Laguna Solé, at the $4 billion, 184-acre master-planned community, SoLé Mia. SoLé Mia will ultimately be a 183-acre master-planned community with the entire development expected to take over 10 years to complete. In total SoLé Mia will feature 4,300 residential units, retail, entertainment and recreation.

Take A First Look Inside The Shoreline At LeFrak & Turnberry's Solé Mia Mega-Project

The Shoreline, Solé Mia’s first two residential towers, has revealed a first look at the completed project where move-ins have begun. Jointly designed by Miami-based Arquitectonica and Robert M. Swedroe Architects, the Shoreline consist of two 17-story towers with 397 rental residences with studios, one, two and three-bedroom layouts. The Shoreline overlooks Sunny Isles, Oleta State Park, Biscayne Bay and the Atlantic Ocean. Amenities include two residential lounges, fitness center, business center, automated package rooms, a pool deck with jacuzzi, and access to South Florida’s first 7-acre Crystal Lagoon, Laguna Solé, which is set to open this Spring 2019.

The Shoreline is the first two towers of what will be 12 towers, 500,00 SF of retail and commercial space, a 225,000 SF University of Miami Health Center, all anchored around South Florida’s first 7-acre Crystal Lagoon, Laguna Solé, at the $4B, 184-acre master-planned community, Solé Mia. Solé Mia will ultimately be a 183-acre master-planned community with the entire development expected to take over 10 years to complete. In total Solé Mia will feature 4,300 residential units, retail, entertainment and recreation. Solé Mia is being developed by the NY-based LeFrak in collaboration with the Miami-based Turnberry Associates led by Jeff Soffer.

The LEED Certified 1 Hotel & Homes South Beach Has Sold A Record Breaking $22.4 Million In 2018

 1 Hotel & Homes South Beach, the eco-friendly, LEED certified luxury oceanfront property has reported a record breaking start to 2018, having reached 90% sold for the entire property with $22.4 million in sales year-to-date. There are a few select fully-furnished, turnkey penthouses still available, of note are the property’s two signature duplex penthouses, PH-1610 and PH-1609, a stunning 3,557 SF three bedroom, three and a half bathroom residence that was just recently introduced to the market. Remaining inventory ranges in size from 1,834 SF to 4,207 SF and is priced from $3.1 million with sales and marketing exclusively overseen by Douglas Elliman Development Marketing

Notable 2018 sale highlights include the closing of Penthouse 1707, a $5.5 million three bedroom, three and a half bathroom residence; Penthouse 1617, a $5.6 million three bedroom, three bathroom residence; Residence 1440, a $5 million three bedroom plus den, three bathroom residence; and Penthouse 1708, a three bedroom, three and a half bathroom residence that sold for $6.35 million. All residences are complemented by outdoor living space overlooking the Atlantic Ocean and Miami skyline.

“A factor contributing to the 2018 sales success of 1 Hotel & Homes is the recent uptick of domestic buyers expressing interest in the property, particularly those from the Northeast,” said Camille Douglas, Senior Managing Director, LeFrak. “Due to the recent federal tax reform, high net worth individuals are now motivated to invest and reside in Miami for both personal and financial reasons. Add to that the one-of-a-kind wellness and sustainable lifestyle offered at these fully-furnished, turnkey residences and you have an opportunity that is hard to refuse.”
 
The property is LEED certified, representing the pinnacle of eco-conscious living. The 1 brand translates into a sustainable lifestyle complete with conscious programming. From the penthouse’s “eco-glam” design, nature inspired aesthetic and living art installations, to eco-friendly services such as pre-arrival kitchen and pantry shopping with a local organic option, in-home natural care botanical service, eco-conscious housekeeping services, and personal shopping and delivery services including organic grocery and dry cleaning. There’s even a dedicated Tesla house car available to residents for quick complimentary rides. 

Located at 102 24th Street, 1 Hotel & Homes features 155 residences atop a 425-key luxury resort. The acclaimed Debora Aguiar-designed penthouse residences celebrate living on the ocean with elegant driftwood furnishings, plant life and spaces designed to invite the ocean breezes and sunlight into every room. The interiors boast custom Italkraft kitchens with imported Italian silver travertine, white quartz countertops, Wolf appliances, Dornbracht faucets and trash, composting and recycling bins.

The resort's amenities include access to 600' of beachfront and four elevated oceanfront swimming pools, an onsite SoulCycle studio, a Mindfulness Program that offers yoga and meditation, a 14,000 square foot Spartan Gym, and a visionary new Bamford Haybarn Spa from London. Owners can also enjoy access to four exceptional restaurants and bars, including the newly-opened Habitat, farm stand fresh restaurant Plnthouse by Matthew Kenny, and WATR, a stylish rooftop pool and restaurant-bar with panoramic views of the ocean and city skyline.

Turnberry Associates & LeFrak Close on $101 Million in Financing for SoLeMia in North Miami

Oleta Partners LLC, a partnership between real estate bigwigs LeFrak and Turnberry Associates, has secured a $101 million HUD-insured loan from Wells Fargo for their North Miami development SoLeMia. SoLeMia will ultimately be a 183-acre master-planned community around a 10-acre lagoon with beaches. The entire development will take over 10 years to complete and will feature 4,300 residential units, retail, entertainment and recreation.  The first phase of development will include 2 luxury apartment towers featuring 400 rental apartment units. The buildings will overlook Sunny Isles, Oleta State Park, Biscayne Bay and the Atlantic Ocean. Amenities include pool, rooftop deck/sky lounge, community rooms, a business center, a fitness center, and automated package rooms. The residences will reside next to a SoLēMia as a whole is planned to tally over 4,300 residential units and a town center, which will include shopping, dining, a hotel, and entertainment venues. The entire project is expected to take to a decade to complete.