Mathieu Massa Sells Sunset Island Waterfront Estate For Record-Breaking $32 Million

Real Estate and Hospitality visionary, Mathieu Massa, Founder and CEO of Massa Investment Group and Mr. Hospitality Miami which owns Queen Miami Beach, continues to redefine luxury real estate throughout South Florida with the successful sale of a prime waterfront Sunset Island property located at 1826 W 23 ST in Miami Beach, setting a historic record of $5,218 per square foot.

The 6,132 square foot residential property, listed by Dina Goldentayer and Julian Cohen from Douglas Elliman at $36,000,000.00 sold on Friday, November 17th, 2023 for $32,000,000.00. The property sold only 6 weeks after the listing agreement was signed. The sale price represents an 11.11% discount on the asking price and the buyer, whose identity was not disclosed, closed cash within 10 business days after getting under contract. The buyer was represented by Marko Gojanovic and Reid Heidenry from One Sotheby’s International Realty.

1826 W 23 St stands as an embodiment of picturesque luxury in Miami Beach. Nestled within the sought-after Sunset Islands neighborhood—a haven for Miami's elite real estate connoisseurs— the residence radiates magnificence at every turn.

In April 2014, Mathieu Massa through 1826 W 23 ST LLC an entity he controlled, acquired the land for $5,750,000.00 embarking on an ambitious project that consisted of using modern technology to build one of the first contemporary Indonesian-style residential properties in the city.

Under the guidance of acclaimed architect Cesar Molina of CMA Design Studio and interior designers Dunagan & Diverio Design Group, Massa developed this residence with unparalleled opulence and class. His versatile talents and expertise are well-known by an infusion of European elegance and sophistication. This added value not only distinguishes Massa’s endeavors but also significantly contributes to his trailblazing record-breaking deals and accolades, further establishing him as an industry leader.

This single-family dwelling stands atop natural honed limestone and oak flooring, surrounded by rich millwork embracing the fireplace room, an elegant dining area with a wine cellar, and an office overlooking a tranquil koi pond amidst floating gardens. Boasting a backdrop of the Southwest Downtown skyline, this modern masterpiece comprises seven suites, including a guest pavilion.

Its expansive kitchen features luxurious leathered marble, a private prep area, and a family room with telescopic doors revealing stunning water vistas. Outdoor entertaining spaces include a covered TV lounge, a sleek knife-edged pool, an inviting bar, a summer kitchen, and 75 feet of waterfront access leading to the ocean. The residence offers additional amenities such as an elevator, a privacy gate, and a sophisticated smart Savant system, defining luxury and sophistication in today’s real estate landscape.

The recently sold property exemplifies Massa Investment Group's commitment to excellence, representing a seamless fusion of refinement, innovation, and superior craftsmanship. Last month, Massa and interior designer Carlos Rodriguez of Escala Forma, who recently refurbished 1826 W 23 ST before it was listed, won the 2023 prestigious award of Best Restaurant & Bar Design award in the world for Queen Miami Beach, a Japanese Steak House located at the Historic Paris Theater on 550 Washington Avenue in Miami Beach.

Images via Become Legendary

Sabal Development Sells Waterfront Miami Beach Spec Home For $16 Million On Hibiscus Island

Sabal Development, an award-winning Miami-based builder and developer who specializes in luxury custom homes, has sold a newly constructed 5,243-square-foot waterfront spec home on a 0.24-acre lot located at 79 N Hibiscus Drive, Miami Beach, FL 33139 for $16 million.

“We are pleased to sell this impressive waterfront property in Miami Beach’s exclusive Hibiscus Island for $16 million,” said Pascal Nicolai, CEO and Founder of Sabal Development. “Miami continues to be a hot real estate market, and we take pride in creating homes that offer modern, luxury living.

Located within the exclusive Hibiscus Island, this stunning waterfront home was built in 2022 and overlooks the pristine Biscayne Bay. Built by Sabal Luxury Builder with interior design by TOGU Design, the home includes five bedrooms, five full bathrooms and one powder room. The home’s impressive elements include an open dining area with a spacious chef’s kitchen, a full suite of Miele appliances, solid oak wood furnishings, Cotto d'Este tile throughout and Toto and Kohler fixtures in each bathroom.

Lourdes Alatriste of Douglas Elliman represented the seller, Pascal Nicolai, founder and CEO of Sabal Development and Sabal Luxury Builder. Marko Gojanovic and Reid Heidenry of ONE Sotheby’s International Realty represented the buyer, Alejandro Montealgre.

DOMO-Designed Sunset Islands Estate Built By Todd Michael Glaser And Staged by Artefacto Trades For $31.5 Million

A contemporary waterfront home on Miami Beach’s prestigious Sunset Islands has sold for $31.5 million. It is the third most expensive home ever sold on all Sunset Islands, behind a recent land sale and 2120 Bay Ave. which traded for $34 million in an off market deal in March. The ultra-modern home is located on the gated Sunset Island 4 at 1635 W 22nd Street. The residence was built by ultra-luxury developer Todd Michael Glaser, designed by DOMO Architecture + Design with interiors by House of One.

Per public record, the seller is Randy Frankel, the co-owner of the Tampa Bay Rays. ONE Sotheby's International Realty represented both sides of the transaction with Reid Heidenry representing the buyer and Marko Gojanovic the seller.

The ultra-modern residence features 7 bedrooms and 8 bathrooms spread over 8,533 SF. The home features a grand living room, soaring 14-ft ceilings as the centerpiece of the home, a chef's kitchen adjacent to a large family room, formal dining situated by an interior courtyard, four bedrooms in the main house and two guest suites with a staff room. Finishes include wood-detailed ceilings, Crestron system, LED lighting, wall-to-wall sliding doors, marble baths and an elevator. The residence also features lushly landscaped outdoors including a resort-style pool deck with a summer kitchen, roof top deck, new seawall and a large dock.

Images via Michael Ruiz with LPG

Sabal Development Sells Hibiscus Island Spec Home For $15 Million To Cosmetics CEO

A brand new tropical modern waterfront spec home by Sabal Development at 165 North Hibiscus Drive on Miami Beach’s Hibiscus Island has sold for $15 million to the CEO of Farmasi North America. Per public record, Marko Gojanovic of ONE Sotheby’s International Realty and Alejandro Diaz Bazan of Jills Zeder Group represented the buyer, Sinan Tuna, while Dora Puig with Luxe Living Realty represented the seller, developer Pascal Nicolai.

165 North Hibiscus Drive was designed by Togu Design and spans 5,217 square feet of interior on 10,500 square foot lot with 60’ of waterfront. The 5-bedroom , 5.5 bathroom home features a reflecting pond, a private 2 car garage, cotto’d’este tiling, full suite appliances by Miele, wine cellar, illumination by Delta Light, and freestanding soaking bathtub. Outdoors features two waterfront pools, a rooftop deck, terrace, and dock which can accommodate a yacht as large as 50’.

PMG And Waldorf Astoria Residences Miami Reveal First-Of-Its-Kind Experiential Sales Gallery With Lavish Soiree In Downtown Miami

The Waldorf Astoria Residences Miami has celebrated the grand opening of its first-of-its-kind experiential sales gallery. On Thursday, June 17th, developer PMG and their development partners officially unveiled the multi-million dollar, first-of-its-kind Waldorf Astoria Experiential Sales Gallery for Waldorf Astoria Residences Miami. At an expansive 11,000 SF, the sales gallery is among the largest and most technologically advanced sales galleries in South Florida.

PMG Managing Partners Kevin Maloney, Ryan Shear and Dan Kaplan were joined by Greybrook Realty Partners, Mohari Hospitality, S2 Development, Mayor Levine Cava, Mayor Suarez, PMG’s in-house sales team, PMG Residential, and concept designers Charles M. Sieger and Carlos Ott to host VIP’s and the leaders of the Miami real estate industry including notable real estate brokers, investors, designers and developers.

"From apps to cryptocurrency, the real estate purchasing process is constantly evolving to better serve the buyer," said PMG Managing Partner Ryan Shear. "This is why we invested in creating an innovative, immersive sales experience to showcase the property and the Waldorf brand's debut into the Miami market. This experiential sales gallery represents our interpretation of the future of Downtown Miami through various activations.”

“We put together over 10 years of hard work, have already broken sales records in this building and we’re looking forward to breaking ground during the first quarter of next year,” said PMG co-founder and Managing Partner Kevin Maloney.

Guests were invited to walk through seven unique activation areas designed exclusively for the gallery and enjoyed live musical performances by Yoli Mayor and opera singers. PMG managing partners Ryan Shear and Kevin Maloney, Miami Mayor Francis X. Suarez and Miami-Dade County Mayor Daniella Levine Cava spoke to guests about the tallest residential building south of New York City and Miami’s bright future.

“Every single day people come to our city because they want to live in the most prosperous, free and innovative city on the planet. We are so proud of this iconic project that will redefine who we are as a city,” explained Mayor Francis X. Suarez:

“The skyline has been truly transformed with this new project. Growing up in New York City, it was always about Waldorf Astoria. Now here we are in South Florida with our very own Waldorf Astoria,” said Mayor Daniella Levine Cava

The space was designed to evoke the essence of an immersive museum, showcasing the world’s most iconic hospitality brand and its relentless commitment to personalized service and best-in-class experiences. Created to promote the city of Miami, the downtown urban core and life inside the residences, seven activations were designed exclusively for the sales gallery that share an overall message of a new era coming to Miami filled with innovation, elegance and growth.

PMG partnered with digital innovators, Razorfish, a division of Publicis Groupe, to create a completely unique sales experience for this pre construction development. The gallery’s innovative elements include “Coffee in the Clouds,” a 70-foot LED wall with over one million LED light bulbs that showcase views from every residence customizable by weather and time of day. Other elements include “City on the Rise” and “Welcome to the Neighborhood,” both features distinctive to the sales gallery help bring Miami’s story and compelling facts to life using overhead projections and an interactive scale model of Downtown Miami.

The gallery also offers an entryway sculpture, a primer film shown to visitors upon beginning the experience, a massive 24-foot scale model, in addition to a three-bedroom model residence, full-service brokerage and cafe.

Images via World Red Eye

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