Kar Properties' One River Point Launches $3.5 Million Sales Gallery

Over 600 of Miami’s real estate industry leaders enjoyed a curated experience on the Miami River on Wednesday, March 15 in celebration of the debut of One River Point’s new $3.5 million sales gallery. New York developer Shahab Karmely and his brand Kar Properties's One River Point sales gallery premiere showcased One River Point’s commitment to bringing ultra-luxury living to the Miami riverfront. One River Point will be designed by internationally acclaimed architect Rafael Viñoly and its stunning sales gallery reflects Karmely’s desire to introduce world-class architecture, international design, and luxe resort-like amenities to urban waterfront living in the heart of Miami. The 5,000 square foot sales gallery features exquisite displays of the kitchen, library, and master-suite bathroom, complete with walk-in shower and free-floating tub, all thoughtfully laid out in an unparalleled, art gallery-like setting. Guests received a preview of the exceptional finishes such as honed stone flooring and onyx accent walls that have been selected for the designer finished residences. Designer quality craftsmanship and meticulous attention to the finest detail are evident throughout featuring finishes and appliances by B&B Italia, Gaggenau, Arclinea and Flos, as well as a full presentation of the material palettes, state of the art technology, and an integrative site plan within the riverfront park. 

One River Point will feature approximately 380 bespoke residences, ceiling heights of 10 to 12 feet, expansive open layouts with floor-to-ceiling sliding glass walls, honed stone flooring, full slab onyx accent walls, designated art walls with task lighting, state of the art technology, as well as biometric security with face recognition. Additionally, the project will include 12-foot deep glass enclosed outdoor living terraces with sweeping vistas of the Miami River, Biscayne Bay and the city skyline. Residences at One River Point will range from approximately 1,000 to 12,000 square feet. One River Point will also include sky lofts and sky villas as well as state of the art technology plus biometric security, including face recognition. Set within One River Point’s piece de résistance, a three-story, floating sky bridge will connect the two towers on the top floors where the 50,000 SF Sky Club will be located.

“The compelling success of the initial sales process is a true testament to One River Point’s role in redefining luxury living in Miami’s urban core. We have a lot of excited guests here and reason to celebrate,” said Shahab Karmely, CEO of Kar Properties. KAR has made a significant entry into the Miami market with acquisitions and investments in excess of $200 million in established and emerging neighborhoods.

Among the many unique features in One River Point’s distinct sales gallery is the advanced audio-visual interactive platform, allowing buyers to experience in dazzling 3-D reality the designs of the extraordinary residences. The idea is for the buyer to go through a fully curated, progressive journey of the One River Point story, incorporating elements drawn from museum and gallery exhibits. Utilizing oculus rift virtual reality systems, interactive models, and floor plans as well as physical displays of materials, palettes, bathrooms, kitchens, and furniture, all combined to fully immerse the buyer in an experience unlike any other. The sales gallery for One River Point is located at 90 SW 3rd Street, just steps from the Brickell financial district and Brickell City Centre.

Healthy Sales Reported at One River Point

Sales at the pre-construction mega-project One River Point have been healthy as the project is now 26% sold according to developer Shahab Karmely of Kar Properties. Recently the market has been hot with nearly $26 million since the beginning of July. The Next Miami is reporting that according to broker Micael Light, reservations and deposits for 16 units at an average of $1.6 million to bring the total closed to 100 of 386 units. Groundbreaking for the project is expected in mid-2017. 

One River point will include twin high-rise luxury resort style residential towers connected by a 3-story "skybridge" Sky Club. Amenities also include 2 restaurants, a cigar lounge, cocktail bar, wine cellar, 25 club suites for guests, an 85 foot waterfall and pool deck. Units start at $750,000 - $12 million.