Sotheby's Concierge Auctions Brings Tri-Level Trophy Penthouse at Brickell Flatiron Currently Listed For $14.9 Million To Sell at Auction

A breathtaking tri-level trophy penthouse within Brickell’s iconic Flatiron is set to sell at auction via Sotheby’s Concierge Auctions in cooperation with Jonathan Garcia and Elena C. Bluntzer of ONE Sotheby’s International Realty. Listed for $14.9 million, bidding will open on 18 February via the firm’s online marketplace and culminate live on 28 February during ModaMiami.

A breathtaking tri-level trophy penthouse within Brickell’s iconic Flatiron is set to sell at auction via Sotheby’s Concierge Auctions in cooperation with Jonathan Garcia and Elena C. Bluntzer of ONE Sotheby’s International Realty. Listed for $14.9 million, bidding will open on 18 February via the firm’s online marketplace and culminate live on 28 February during ModaMiami, the ultimate luxury event on the East Coast.

Built for a new generation of discerning car enthusiasts, ModaMiami caters to true connoisseurs of style. Returning for a second year, Sotheby’s Concierge Auctions will feature some of the finest Sotheby's-represented properties alongside rare and collectible automobiles during its auction event at The Biltmore Hotel Miami - Coral Gables in partnership with RM Sotheby's, as the world’s leading auction house for rare and collectible cars and the world's leading auction house for luxury real estate, come together. Bidding will continue online throughout March.

“This penthouse offers a rare combination of scale, privacy, and design flexibility at the top of one of Miami’s most iconic residential towers,” said Chad Roffers, CEO and Co-Founder of Sotheby’s Concierge Auctions. “Presenting this property through a time-certain auction allows us to connect it with qualified global buyers who recognize the opportunity to create a truly bespoke residence in the heart of Brickell.”

Soaring across three private floors accessible by a dedicated in-residence elevator, the over 7,800-square-foot penthouse represents the pinnacle of designer-ready luxury in Miami’s most prestigious financial district. Triple-height ceilings and floor-to-ceiling impact glass frame more than 200-degree panoramic views of the city skyline and Biscayne Bay, while expansive wraparound terraces on every level extend the living experience outdoors. Vast open-plan interiors offer an unprecedented canvas for bespoke customization, with five bedroom suites, seven full bathrooms, and two powder rooms in a rare corner configuration.

“This is a one-of-a-kind offering within Miami’s urban core,” added Garcia. “From its dramatic vertical volume and panoramic views to its private rooftop pool, the penthouse offers a level of architectural presence and lifestyle potential that is exceptionally rare. Partnering with Sotheby’s Concierge Auctions and RM Sotheby’s for ModaMiami allows us to introduce this extraordinary residence to a worldwide audience actively seeking the finest in trophy assets and luxury offerings.”

The crown jewel of the residence is the ultra-private rooftop, where an exclusive pool and expansive entertainment terrace create an extraordinary sanctuary beneath an endless sky. With sweeping sunrise-to-sunset vistas, a prepared wet bar, and space designed for alfresco gatherings, the rooftop offers a level of privacy, scale, and versatility seldom found in urban luxury living. Completed in 2020, Brickell Flatiron combines architectural distinction with modern systems and premium building amenities.

Residents of the Brickell Flatiron enjoy five assigned parking spaces with valet service, 24-hour security and a doorman, a state-of-the-art fitness center, a resort-style pool and spa, a clubhouse and business center, and secured elevator access—all moments from acclaimed dining destinations including Zuma, Sexy Fish, Komodo, and Delilah, as well as cultural attractions such as Pérez Art Museum Miami and Wynwood Walls. Luxury shopping, pristine beaches, marinas, championship golf courses, and world-renowned events, including Art Basel Miami Beach, complete the unparalleled lifestyle offering.

As part of Sotheby’s Concierge Auctions' Key For Key® giving program in partnership with Giveback Homes, the closing will result in funding towards new homes built for families in need. Agents will be compensated according to the terms and conditions of the Listing Agreement. Brickell Flatiron was developed by Ugo Colombo’s CMC Group and delivered in 2020 and is home to the popular restaurant Sexy Fish.

Imagery and Renderings via Lux Media Group and Carol Villela

Past PROFILEmiami articles about Brickell Flatiron:

For more information about the Penthouse, Brickell Flatiron or to inquire about purchasing a unit please fill out the form below:

Read More

Lower Penthouse At Bjarke Ingels-Designed Grove at Grand Bay Sells For $19.5 Million

Luxury living in Coconut Grove reached new heights with the recent sale of a stunning unit at The Grove at Grand Bay building. The single-floor penthouse, located at 2669 S Bayshore Dr #LPH, was sold for $19.5 million, $1,770 PSF.

Luxury living in Coconut Grove reached new heights with the recent sale of a stunning unit at The Grove at Grand Bay building. The single-floor penthouse, located at 2669 S Bayshore Dr #LPH, was sold for $19.5 million, $1,770 PSF.

The seller of the property was aluminum executive Delfin Gilbert, represented by Chad Carroll and Lisandra Martinez of The Carroll Group. The buyer, who remains unnamed, was represented by Rob Fuller & Malgozata Fuller of The Rob Fuller Group at ONE Sotheby's International Realty.

The penthouse spans 11,000 SF with 12-foot ceilings, featuring interior design by Nick Luaces and throughout the six bedrooms, six bathrooms, two powder rooms, a theater, library, office, and distinct seating zones. The luxurious living space includes Bang & Olufsen home automation, a 3,000 SF master suite with a dressing area, midnight kitchen, gym, sauna, and terraces accessible from public spaces. Further elevating the living experience is a 4-car private garage with storage, bay views from the wrap-around terrace, private elevator foyer, and deluxe kitchen.

Grove at Grand Bay, a collaboration between Terra and architect Bjarke Ingels, redefined the Coconut Grove skyline with two innovative towers completed in 2016. As the first new development on Bayshore Drive in decades, the property was designed not just as a collection of residences, but as a community focused on enhancing the lives of residents and the surrounding neighborhood. With modern amenities and a commitment to environmental responsibility, Grove at Grand Bay became the first residential development in the city to earn Gold LEED certification.

Images via Daniel Petroni

Read More

Bentley Motors And Dezer Development Break Ground On Bentley Residences Miami

Bentley Motors, in collaboration with Dezer Development, has broken ground on Bentley Residences Miami, the ultra-luxury waterfront development coming to Sunny Isles Beach which features the patented ‘Dezervator’ car elevator. Bentley Residences will emulate a sense of class, elegance, and sophistication, setting a precedent for resort-style luxury living on the beach

Bentley Motors, in collaboration with Dezer Development, has broken ground on Bentley Residences Miami, the ultra-luxury waterfront development coming to Sunny Isles Beach which features the patented ‘Dezervator’ car elevator. Bentley Residences will emulate a sense of class, elegance, and sophistication, setting a precedent for resort-style luxury living on the beach, complete with five-star hospitality and service, and an unrivaled food and beverage program by Chef Todd English. Dezer Development is led by Gil Dezer, who has been one of the most active developers transforming the Sunny Isles Beach skyline including recently developing the Porsche Design Tower. With the commencement of construction at Bentley Residences Miami, Dezer’s vision to bring the first Bentley-branded residential tower to the world and continue setting an entirely new standard for luxury living, is now underway with an estimated completion in 2027.

Bentley Residences Miami is set to rise 61-stories, 749’ above the Atlantic Ocean. The tower will feature 216 exquisitely finished residential units, each embracing an exquisite balance of indoor/outdoor living and offering uninterrupted views of the ocean and waterways. Pricing starts at $5.25 million and every unit will encompass an individual balcony swimming pool, outdoor shower, unobstructed seascapes, and floor-to-ceiling glass windows seamlessly implemented throughout.

Built with luxury car owners in mind like Dezer himself, each residence will include an in-unit multi-car garage and a patented car ‘Dezervator’ alongside all the most desirable luxury amenities and world-class services. The tower features four ‘Dezervators,’ which are patented hydraulic elevators built to transport residents and their vehicles directly to a private garage their floor complete with EV charging points. The car is identified on arrival by an RFID sticker positioned in the vehicle and a special LED lighting system then guides the driver to one of the ‘Dezervators’ which takes them straight to their residence. The whole process is seamless, with no buttons to press and no need to leave the vehicle.

Bentley Residences Miami will feature a residents-only private restaurant helmed by four-time James Beard award-winning celebrity chef Todd English. In addition to the restaurant, Bentley Residences will also boast an impressive 20,000 square feet of exclusive amenities across the span of three levels. Some of which amenities include a whiskey and cigar lounge, wellness and revitalization spa, cinema, cabanas, and oceanfront beauty salon. Amongst the most impressive amenities is the car elevator, also named the Dezervator, which is able to transport residents’ vehicles from the ground floor up to the privacy of their own home all without having to get out of the car. The Dezervator along with the glass-ensconced garage allows for residents to keep their prized cars in pristine condition and on display in their living rooms.

Bentley Residences was conceptualized by Dezer Development and designed by the world-renowned architectural firm Sieger Suarez Architects - known for their work on Dezer Development’s Porsche Design Tower and Residences by Armani/Casa the tower will feature uninterrupted views of the ocean and waterways, bringing the beauty of the outdoors into each new home.

The Bentley design team is collaborating with Dezer on the interior and exterior architecture of the building, translating Bentley’s luxury design to the residential experience. Built with luxury car owners in mind, each residence will include an in-unit multi-car garage and a patented car Dezervator alongside all the most desirable luxury amenities and world-class services. Designed by world-renowned architectural firm, Sieger Suarez Architects, the luxury residential tower is designed to appeal to Bentley’s and Dezer Development’s most discerning customers.

East Unit

West Unit

Amenities

Exterior

Renderings via Bentley Residences Miami

For more information about Bentley Residences Miami, private showings or purchasing/ leasing information please fill out the form below:

Read More

Sabal Development Reveals TOGU Designed Penthouse At Brickell House Asking $14.99 Million

Sabal Development has revealed a lavish newly designed penthouse which just hit the market asking $14.99 million, located at 1300 Brickell Bay Drive in the 46-story Brickell House Condominium. The modern, sophisticated property features breathtaking panoramic views of Brickell, Key Biscayne, and Miami Beach.

Sabal Development has revealed a lavish newly designed penthouse which just hit the market asking $14.99 million, located at 1300 Brickell Bay Drive in the 46-story Brickell House Condominium. The modern, sophisticated property features breathtaking panoramic views of Brickell, Key Biscayne, and Miami Beach. The unit is overlooking Biscayne Bay, in the heart of Miami’s Financial District, just minutes away from the bustling downtown food and entertainment district. Lourdes Alatriste of Douglas Elliman is the listing agent. Sabal Luxury Builder is the contractor.

“We are extremely proud of our team's versatility and vision to produce a luxury listing such as this," said Pascal Nicolai, Founder and CEO of Sabal Development.

The 6,500-square-foot penthouse is on the 44th floor of the building and is equipped with 5 spacious bedrooms and 7 bathrooms. Once you enter, you are greeted with 20-foot ceilings and floor-to-ceiling sliding glass doors leading to an oversized balcony with beautiful views of both the city and Biscayne Bay. The chef's kitchen is open-concept and has subzero and Thermador appliances. The penthouse also has a wine cellar, theatre, personal gym, office space and is fully automated through the Savant System.

Completed in 2014, Brickell House is a 46-story luxury condominium with state-of-the-art amenities, including 2 swimming pools, rooftop pool-deck, sundeck, fitness center, spa, and sauna. The residence also features the world’s largest AGV automated robotic parking system, valet parking, concierge services, and two street-level restaurants, LPM Restaurant & Bar and Osaka Concina Nikkei.

Recognized by the Wall Street Journal as one of the Top Sales Agents worldwide, Lourdes Alatriste is a leader in the Miami premium real estate market.

Renowned for its passion and uncompromising attention to detail, TOGU Design earned its reputation for curating art and furniture at opulent hotels throughout France and Switzerland.

Read More

Waldorf Astoria Residences Miami Reveals $50 Million Penthouse

National development and investment firm PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT), have revealed the Penthouse at Waldorf Astoria Residences Miami. The $50 million full-floor penthouse is situated high above the clouds within the architectural marvel’s ninth cube, placing residents at the top of the tallest residential building south of New York City.

National development and investment firm PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT), have revealed the Penthouse at Waldorf Astoria Residences Miami. The $50 million full-floor penthouse is situated high above the clouds within the architectural marvel’s ninth cube, placing residents at the top of the tallest residential building south of New York City. The Penthouse encompasses 13,119 square feet of customizable living space adorned with a private gym, theatre, wine room, library, spa, pool and enclosed balconies which will deliver 360-degree views of Miami Beach, Downtown Miami, and the Atlantic Ocean. PMG Residential holds the exclusive listing for the residence.

“The Penthouse at Waldorf Astoria Residences Miami is the city’s most unique penthouse offering, setting the bar for sky-high luxury living with its contemporary design and sweeping views. The magnificent residence within Miami’s first Waldorf Astoria grants owners the ability to create a custom home to fit each and every need. Beyond their personal residence, owners will have access to five-star concierge services and a superb suite of private residential amenities within the tower, which will be a landmark structure shaping Miami’s skyline,” said Ryan Shear, Managing Partner at PMG.

Envisioned by award-winning interior design firm BAMO, concept renderings for the open-layout residence feature 6 bedrooms and 9 bathrooms, with expansive floor-to-ceiling windows and an immense level of privacy at the top of Miami’s first Waldorf Astoria property. Owners have the option to curate entertainment spaces across multiple sitting and dining rooms. Additional features include a modern kitchen with sleek, bespoke finishes; an expansive primary suite with premium walk-in closets; custom Italian vanities with marble finishes within each bathroom; and the ability to create spaces such as a personal gym. Smart home technology within the home provides the ability for seamless personalization and convenience.

Waldorf Astoria Residences Miami is an architecturally awe-inspiring tower that features nine spiraling, offset glass cubes designed to be evenly stacked and wrapped in what can be referred to as a “glass skin,” distinguishing the property’s architecture from anything else on the East Coast. With concept design led by Sieger Suarez Architects, in collaboration with renowned architect Carlos Ott, the 1,049 foot tower will consist of 360 private residences in addition to 205 guestrooms and suites within the luxury hotel, which will be in the first three cubes of the tower along with the hotel’s signature spaces and private amenities.

Hotel guests and residents will have access to the Waldorf Astoria brand’s world-famous Peacock Alley; a specialty restaurant; indoor/outdoor pre-function and function event spaces; meetings and boardrooms; a resort-style pool deck with private cabanas; and a holistic wellness spa and fitness center. Private residential amenities will include an owners-only lobby and lounge; hospitality suite for chef’s tastings and intimate soirees; billiard room; kid’s club; and elevated pool deck. Each residence will include the latest smart-home technology with custom mobile app access to concierge services. The app will feature a full menu of available offerings, including dining reservations, 24/7 room service, spa, and fitness treatments, house car reservations, access to valet service, package delivery, and dog walking services. Waldorf Astoria Residences Miami will be managed by Hilton Management Services, providing residents and guests alike a truly refined haven through the brand’s relentless commitment to personalized service and best-in-class experiences.

Renderings via Arx Creative

Read More

Black Lion's Robert Rivani Lists Penthouse at The Ritz-Carlton Residences, Miami Beach For $8.8 Million

Real estate investor Robert Rivani of Black Lion has listed his penthouse at The Ritz-Carlton Residences, Miami Beach for $8.8 million with Dina Goldentayer of Douglas Elliman. Rivani acquired the penthouse in May 2022 for $7.5 million. The listing comes on the heels of selling his ground floor restaurant space at One Thousand Museum for $7.9 million which he acquired in October 2022 for $6.4 million.

Real estate investor Robert Rivani of Black Lion has listed his penthouse at The Ritz-Carlton Residences, Miami Beach for $8.8 million with Dina Goldentayer of Douglas Elliman. Rivani acquired the penthouse in May 2022 for $7.5 million. The listing comes on the heels of selling his ground floor restaurant space at One Thousand Museum for $7.9 million which he acquired in October 2022 for $6.4 million. The sale came in an effort to free up capital for a future acquisition in Miami Beach.

Sophistication is key inside this 4 bed + media lounge, 5 bath penthouse at the building where Cindy Crawford and Rande Gerber nabbed a unit per media reports. The corner residence spanning 4,525-square feet is one of the largest in the building with 11-foot ceilings and expansive living spaces radiating in Eastern sunshine.

Stunning views of the Bay and Ocean are put directly on display with floor-to-ceiling windows encompassing the entirety of the penthouse. Sleek light toned interiors enhance the setup with thoughtfully curated features throughout. Find a custom eat-in kitchen by Boffi equipped with Gaggenau appliances, marble counters, and a large walk-in pantry. The dining room showcases a gorgeous blue statement chandelier. The primary suite is reminiscent of a jewel box with textured velvet touches showcasing water views from almost every angle.

Since last year, Black Lion has secured over $100 million+ in acquisitions across South Florida with a rapidly expanding portfolio of restaurant/hospitality properties from Miami Beach to Wynwood, Brickell and Downtown – including the space for Gekko by David Grutman x Bad Bunny; Amara at Paraiso with chef Michael Schwartz; Wynwood Jungle with a newly opened Fable rooftop restaurant; Delilah at Brickell Bay boardwalk and more.

Designed by Piero Lissoni, The Ritz Carlton Residences Miami Beach offer boutique South Florida living on the bay with a private marina, a rooftop pool deck with cabanas and poolside grille, meditation garden, Club Room with a pool table and virtual golf, Spa and state-of-the-art Fitness Center, Art Studio and a fully equipped Kid’s Room and an elite concierge to assist with residents every need.

4701 N Meridian Ave, Miami Beach LPH02 is listed for $8.8 million by Dina Goldentayer with Douglas Elliman.

Read More

Step Inside An Ultra-Luxe Condo At The Bristol In West Palm Beach Asking $23.9 Million, Over $4,600 Per Square Foot

West Palm Beach has been one of the hottest real estate markets in the United States and record breaking sales continue to post for both condos and single family homes. Now, a turnkey designer residence at The Bristol is seeking a condo record for highest price per square foot in West Palm Beach, listing at just over $4,626 PSF. Priced at $23.9 million 1100 S Flagler Drive #2202 was meticulously redesigned.

West Palm Beach has been one of the hottest real estate markets in the United States and record breaking sales continue to post for both condos and single family homes. Now, a turnkey designer residence at The Bristol is seeking a condo record for highest price per square foot in West Palm Beach, listing at just over $4,626 PSF. Priced at $23.9 million and listed with Samantha Curry of Douglas Elliman, 1100 S Flagler Drive #2202 was meticulously renovated and redesigned and is being sold fully furnished, including exquisite pieces from prestigious Italian brands such as Henge, Rimadesio, and Molteni. Artwork is also included.

The 3 bedroom, 4.5 bathroom condo is located within The Bristol, one of West Palm Beach’s most prestigious building, with high-profile and wealthy executives calling the building home. Featuring unobstructed views of the Atlantic Ocean and Intracoastal Waterway, the residence spans 5,166 square feet, with two expansive terraces. It includes parking for four vehicles, which is a rare find in most condominiums.

Designed by the renowned Solesdi Interior Design of Miami, the contemporary interiors exude timeless sophistication, adorned with specialty marbles, high-end wood, and metal elements. The attention to detail is evident in every corner, from the sleek electrical receptors by Bocci to the Salvatori Italian Marble walls in the entrance foyer and powder room.

The primary suite is a sanctuary of luxury, boasting dual bathrooms and dressing rooms for added convenience and privacy. Motorized shades throughout the residence provide effortless control over natural light, and the 11-foot sliders seamlessly connect indoor and outdoor living spaces.

The gourmet kitchen is a culinary enthusiast's dream, featuring Snaidero Italian cabinetry, Sub-Zero wine fridge capable of storing up to 100 bottles, and top-of-the-line Gaggenau appliances, including a gas stove top and induction cooktop, two dishwashers, ovens, and an espresso machine. The unit is equipped with top of the line A/V systems like Crestron, Sonos, and Sonance throughout.

The Bristol has succeeded in setting a new standard for ultra-luxury living in West Palm Beach since it opened in 2019. The tower is renowned for its most impressive 5-star amenities and attention to detail including on-site professional concierge, two spas, beauty salon, waterfront fitness center, 75-foot resort-style swimming pool, club lounge and dog park. It also offers two house vehicles equipped with a driver, gated entrance, and 24-hour valet and front desk.

The listing agent, Samantha Curry with Douglas Elliman, has represented buyers and sellers in numerous record-setting sales at The Bristol, including an overall WPB record for $42.6 million and a transaction last month which holds the current condo record for the highest price per square foot in West Palm Beach at $4,100/SF. Curry has sold close to $400 million at The Bristol.

Images via Shawn Hood Media

Read More

Todd Michael Glaser Sells One-Of-A-Kind Worth Avenue Penthouse Atop Tiffany & Co. Building In Palm Beach For $18 Million

Todd Michael Glaser and partners have sold an exclusive two-story penthouse residence sitting atop the iconic Tiffany & Co. building on Palm Beach Island’s Worth Avenue for $18 million. Located at 415 Hibiscus Ave., Palm Beach, FL 33480, the total 13,000-square-foot residence is the largest condominium on Palm Beach Island. Situated at the corner of prestigious Worth Avenue and Hibiscus Avenue, it is the only penthouse in the world atop a Tiffany & Co. building.

Todd Michael Glaser and partners have sold an exclusive two-story penthouse residence sitting atop the iconic Tiffany & Co. building on Palm Beach Island’s Worth Avenue for $18 million. Located at 415 Hibiscus Ave., Palm Beach, FL 33480, the total 13,000-square-foot residence is the largest condominium on Palm Beach Island. Situated at the corner of prestigious Worth Avenue and Hibiscus Avenue, it is the only penthouse in the world atop a Tiffany & Co. building. The private residence building is also a blank canvas, ideal for the luxury buyer who would like to customize every detail.

Jill Eber and Jill Hertzberg of The Jills Zeder Group, affiliated with Coldwell Banker Realty; and Chris Leavitt of Douglas Elliman Realty, LLC, represented the seller, Todd Michael Glaser and partners. Christian Angle Real Estate represented the buyer in this transaction.

Constructed in 2021, the residence is a shell with all plumbing, electrical and HVAC units in the space and is decorator and architect ready to be built out.

The penthouse was developed in 2021 by a JV between Fortress Investment Group, Hyde Retail Partners and Kean Development before selling to Glaser and his partners for $15.5 million in June 2022. The joint venture initially acquired The Tiffany & Co. building was purchased in late 2018 for $20 million before selling the commercial component for $26.4 million in January 2021 to the London-based real estate investment firm Motcomb Estates.

An extraordinary aspect of the residence is the new, private rooftop deck ― the only rooftop of its kind in Palm Beach with a panoramic view of Worth Avenue. Its distinctive exterior spa boasts an infinity edge swimming pool, sunbathing areas, putting green, outdoor bar, dining area and fire pit. The interior rooftop area beckons with a spacious lounge and full bar, billiard area, full bathroom, and gym.

Offering enormous windows and doors maximizing Worth Avenue views and natural light, the residence includes a beautiful principal suite, housekeeper’s room, three fireplaces, state-of-the-art technology, an elevator and much more, within 9,876 square feet of interior space. It may be built out to have five to six bedrooms, seven bathrooms, and one half-bathroom.

The exclusive condo is within walking distance of world-class shops, restaurants, and all the best that Palm Beach has to offer.

Read More

Arte Surfside Officially Sells Out At Nearly $225 Million As Penthouse Leased By Ivanka Trump And Jared Kushner Sells For $17 Million

Arte Surfside, the ultra-luxury 12-story oceanfront luxury condominium at 8955 Collins Avenue, has officially sold-out for near-$225 million following the closing of Residence 201, its last remaining listing, for $17 million in as-is condition. The six bedroom home spanning 6,975 square feet of interior space and 1,488 of terrace space was designed by master Italian architect Antonio Citterio and sold unfurnished.

Arte Surfside, the ultra-luxury 12-story oceanfront luxury condominium at 8955 Collins Avenue, has officially sold-out for near-$225 million following the closing of Residence 201, its last remaining listing, for $17 million in as-is condition. The six bedroom home spanning 6,975 square feet of interior space and 1,488 of terrace space was designed by master Italian architect Antonio Citterio and sold unfurnished to a family, who were drawn to its water views and large living spaces featuring two kitchens, a dedicated oceanfront entertaining level, and a master suite overlooking the ocean. The residence was previously leased to Ivanka Trump and Jared Kushner.

Arte was successful in attracting the most discerning luxury buyers in the world, with many hailing from the U.S. Northeast, and was recognized globally for setting impressive new sales records, including executing on a cryptocurrency penthouse transaction. At around $3,000 per square foot, Arte achieved the highest blended price per foot in addition to the highest average cost per unit that has closed to date in any new development recorded in Miami Dade County and arguably Florida. Furthermore, with almost $225 million in total sales, Arte holds the highest gross sale price for a new boutique development in Miami.

“Arte represents a new tier of ultra-luxury in Miami Beach,” said Alex Sapir, Chairman of Sapir Corp LTD, an Israel-and New York-based subsidiary, who, developed the project. “This development has redefined all expectations for oceanfront living and showed the market that unprecedented prices a square foot are possible. We have set a new standard with Arte, and I’m proud to have led such a tremendous project.”

“It’s thrilling to watch a project you conceptualize from the ground up become a record-breaker in so many categories,” said Giovanni Fasciano, co-developer of the project. “We envisioned the ultimate Miami Beach lifestyle with the perfect combination of only 16 residences, masterful architecture, all of the amenities and services of a five-star resort and a collection of blue-chip artwork that actually inspired the building’s name. Buyers gravitated toward this highly customized, personal approach, and they have now come to know us as developers that go far above and beyond what’s expected.”

Arte’s sales success is a result of the huge demand for large oceanfront residences in Miami Beach. The homes at Arte feature expansive indoor and outdoor spaces, with square footage starting at 3,126. The two largest residences, the Penthouse and Lower Penthouse, were both landmark deals for the market, with the Penthouse selling at $33 million, and the Lower Penthouse selling at $22.5 million setting a record price per square foot of $4,440. These two transactions serve as a benchmark for Surfside condominium sales today. The achievements also underscore the validity of the developers’ initial vision for Arte and prove the building’s aptitude to set multiple records in real estate.

“We are thrilled to have been part of this exciting project, that has brought world class design and architecture to Surfside,” said Howard M. Lorber, Executive Chairman of Douglas Elliman.

Reinforcing Arte’s desirability in the market was incredible architecture by Antonio Citterio, in collaboration with Kobi Karp Architecture and Interior Design. Nodding to the legacy of ancient landmarks such as the Colosseum, the building touts a memorable Roman travertine façade, broad expanses of sliding glass doors and a gridded bronze Schuco window system.

Owners of the 16 residences at Arte enjoy a lavish lifestyle with expansive interiors and a wide array of first-class amenities. The amenity package includes a 75’ indoor swimming pool, an outdoor swimming pool, a rooftop tennis court, state-of-the-art fitness center and yoga studio, sauna and steam room and a tranquil meditation pond. Additional facilities include a children’s playroom, residents’ lounge, catering kitchen for out-of-home entertaining and private temperature-controlled parking spaces.

Arte has become one of the most recognizable and celebrated residential projects in real estate. The building’s legacy has been cemented with its sellout and will only continue to strengthen and grow as buyers increasingly desire boutique oceanfront residences with a focus on privacy and exclusivity. Arte has laid the groundwork for developers Alex Sapir and Giovanni Fasciano to expand globally.

“Douglas Elliman had a true partner working alongside Alex Sapir, Giovanni Fasciano and the entire Arte team who understood the needs of the most discerning buyers and helped us to set a new bar for luxury in the Miami Beach and Surfside Markets,” said Jay Phillip Parker, CEO of Douglas Elliman Florida and President of Douglas Elliman Development Marketing, Florida. “We look forward to future collaborations.”

Sales at Arte were exclusively handled by Douglas Elliman Development Marketing, with Miltiadis Kastanis and Dina Goldentayer representing the seller in the Residence 201 deal.

Read More

Step Inside This Two-Story Crown Jewel Penthouse At Oceana Bal Harbour Asking $25 Million

A crown jewel penthouse at Oceana Bal Harbour complete with upscale interiors including cloud chairs, bubble art, vaulted cellars, a silver egg and more, has hit the market for $25 million. This two-story upper penthouse on the 28th floor presents a rare opportunity to own the pinnacle residence at one of Bal Harbour’s most sought-after addresses, with breathtaking water and skyline views.

A crown jewel penthouse at Oceana Bal Harbour complete with upscale interiors including cloud chairs, bubble art, vaulted cellars, a silver egg and more, has hit the market for $25 million. This two-story upper penthouse on the 28th floor presents a rare opportunity to own the pinnacle residence at one of Bal Harbour’s most sought-after addresses, with breathtaking water and skyline views. Featuring its own private rooftop, this home in the sky spans 10,376-square feet of interiors and exteriors with three bedrooms, five and half bathrooms, a den, staff quarters plus an air conditioned rooftop cabana.

Private elevator entry opens up to meticulously curated interiors by renowned designer Steven G. Creating spectacular spaces for living and entertaining, every room is flooded with natural sunlight and features endless luxe finishes including marble floors, impeccable custom millwork, and Dada cabinetry. The residence offers 12 foot deep balconies, larger than any other in the building, with fully collapsible floor-to-ceiling glass doors in the living room, bringing the outside in for a true Miami experience. A gourmet Chef’s kitchen overlooking the Bay features Gaggenau appliances and an oversized island.

Serving as the beacon to this unforgettable residence is an expansive private rooftop with a swimming pool, jacuzzi, lounge area and fully-equipped summer kitchen surrounded by a lush green wall. Bringing a touch of Mykonos to Miami, the rooftop is flanked by two terraces, one overlooking the Atlantic and the other overlooking the South Florida skyline with the best views Bal Harbour has to offer.

Oceana Bal Harbour offers an exclusive lifestyle and intimate community with resort-style amenities including an Olympic-style pool, pilates room, a world-class spa, tennis courts, restaurant, 24-hour concierge services, security and a world-class art collection featuring Seated Ballerina, Pluto And Proserpina Sculptures by Jeff Koons and other internationally recognized artists. The unit comes with 4 parking spaces, and 2 storage spaces under AC.

10201 Collins Ave Unit UPH2803 is listed for $25 million by Ruthie & Ethan Assouline with The Assouline Team at Douglas Elliman.

Images via Become Legendary/ The Assouline Team

Read More

Latest Posts