Developers of The St. Regis Residences, Sunny Isles Beach, Miami, Complete Landmark Foundation Pour As South Tower Prepares To Go Vertical

Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, have reached a significant construction milestone with the South Tower’s mat foundation pour, advancing the ultra-luxury oceanfront development at 18801 Collins Avenue into its next phase. The positive collaboration with Coastal Construction is one of several over the years between the development team and the acclaimed General Contractor.

Over a continuous three-day operation, the pour involved approximately 10,000 cubic yards of concrete, creating the structural foundation for the 170-residence South Tower – one of two 62-story towers that will each rise 750 feet above the Atlantic Ocean. With the foundation now in place, the South Tower will transition to vertical construction this year, while preparations continue for the project’s second and final phase: the 150-residence North Tower, which is scheduled to break ground in early Q4.

By the Numbers:

• 10,000 cubic yards of concrete for the South Tower mat foundation, poured continuously over three days (July 24 - 26)

• Approximately 4 million pounds of reinforcing steel (rebar)

• 1,100 concrete truck deliveries

• 500 construction workers involved in the three-day operation

• 6 boom pumps working simultaneously for more than 30 hours

• 150-foot by 135-foot mat foundation footprint

• 13-foot-thick reinforced concrete mat foundation

• 435 linear feet of direct Atlantic Ocean frontage – the longest stretch of ocean frontage of any luxury residential development currently under construction in South Florida

“Every major project reaches a point where years of planning, engineering and construction begin to take visible shape,” said Edgardo Defortuna, CEO of Fortune International Group. “Completing the foundation is one of those moments. It represents an extraordinary amount of work below the surface and marks the beginning of the next chapter as the South Tower starts to rise."

“For our residents, this milestone is especially meaningful because they will now begin to see the building emerge,” said Manuel Grosskopf, CEO of Château Group. “Construction is entering a highly visible phase, and we’re excited to see the vision continue taking shape as we move toward delivery. Each step brings us closer to delivering not just a building, but a home our residents will be proud of for generations.”

“South Florida continues to see tremendous demand for luxury waterfront residences, and we’re honored that developers continue to trust Coastal Construction with some of the region’s most complex projects,” said Tom Murphy, Coastal Construction Co-CEO.

Designed by Arquitectonica, The St. Regis Residences, Sunny Isles Beach, Miami will feature 435 linear feet of Atlantic Ocean frontage. Residents will enjoy more than 70,000 square feet of indoor and outdoor amenities, including two public-facing restaurants, a full-floor private spa, indoor and outdoor pools, a fitness and wellness center, a private residents’ club, children’s programming, and the signature St. Regis Butler Service.

Conceived as a private oceanfront residential resort, the development combines the hallmark hospitality of the St. Regis brand with an expansive amenity program designed for everyday living. The South Tower remains on track and on pace, hitting every major construction benchmark as the project moves steadily toward vertical construction and, ultimately, delivery.

Remaining residences start at approximately $5 million.

The St. Regis Residences, Sunny Isles Beach, Miami are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). La Playa Beach Associates, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.

Renderings via Binyan Studios, DBOX and ARQ

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For more information about The St. Regis Residences, Sunny Isles Beach, Miami, private showings or purchasing/ leasing information please fill out the form below:

Developers of The St Regis Residences, Sunny Isles Beach, Miami, Secure $113.75 Million Development Loan With City National Bank For North Tower

Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, have announced the closing of a $113.75 million land loan for the North Tower with City National Bank of Florida.

The financing, arranged through Berkadia Miami, will support the project’s next phase, with the North Tower slated to break ground this summer as construction of the nearly sold-out South Tower progresses. The transaction underscores continued institutional confidence in the branded oceanfront development and its position within South Florida’s super-prime residential market.

“Today’s achievement represents another important step forward in the continued execution of our vision for The St. Regis Residences, Sunny Isles Beach, Miami” said Edgardo Defortuna, CEO of Fortune International Group. “We’ve seen strong alignment from both buyers and capital partners, and this milestone continues to propel the project into its next phase.”

“Momentum across the development has been consistent from the outset,” said Manuel Grosskopf, CEO of Château Group. “With the South Tower nearing sell-out and construction well underway, the North Tower builds on that foundation as we continue to deliver a project that resonates with today’s ultra-luxury buyer.”

“Our work with Fortune International Group spans many years, and this transaction brings together that history and our relationship with the Grosskopfs of Château Group,” said Jorge Gonzalez, Vice Chairman and CEO of City National Bank. “We appreciate the alignment and professionalism both organizations bring to projects of this nature.”

“We welcome the opportunity to begin working with Château Group through this financing,” said Christian Sundblad, Executive Vice President and Chief Wholesale Officer of City National Bank. “Their perspective and alignment with this project give us optimism as we establish a new relationship.”

Berkadia Miami Managing Director Scott Wadler and Director Michael Basinski, along with Senior Managing Director Mitch Sinberg and Managing Directors Matt Robbins and Brad Williamson, arranged the loan.

“Sunny Isles Beach has emerged as one of the most coveted addresses in the world, and the Sponsors have long understood this market's trajectory having acquired the site more than a decade ago,” said Wadler. “In today's capital markets environment, pre-development financing for a site and tower of this scale requires a sponsor team with an impeccable track record and the credibility to inspire lender confidence. Fortune International and Château Group bring both.”

Together, the two-tower enclave represents one of the most significant new residential offerings along Sunny Isles Beach, featuring approximately 435 linear feet of direct Atlantic frontage – the most of any residential enclave currently rising in the region – and more than 70,000 square feet of integrated amenities, including two signature restaurants, a full-service spa, resort-style pools, and a comprehensive wellness and lifestyle program.

The South Tower, scheduled for completion in 2028, comprises 170 residences, while the North Tower includes 150. Designed by Arquitectonica and built under the supervision of Coastal Construction, the development pairs a bold architectural profile with a hospitality-driven residential model anchored by St. Regis.

Remaining residences are priced from approximately $5 million. The on-site oceanside sales gallery is located at 18801 Collins Avenue, Sunny Isles Beach.

Renderings via Binyan Studios, DBOX and ARQ

The St. Regis Residences, Sunny Isles Beach, Miami are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). La Playa Beach Associates, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.

Past PROFILEmiami articles about The St. Regis Residences, Sunny Isles Beach, Miami:

For more information about The St. Regis Residences, Sunny Isles Beach, Miami, private showings or purchasing/ leasing information please fill out the form below:

Fortune International Group and Château Group Reveal Full-Floor Oceanfront Spa for Residents at The St. Regis Residences, Sunny Isles Beach, Miami

Fortune International Group and Château Group, the award-winning joint developers of The St. Regis Residences, Sunny Isles Beach, Miami - have revealed a first look at the full-floor oceanfront spa; a signature wellness space, designed solely for residents and crafted to cater to the exacting standards of the global ultra-high-end buyer.

The spa occupies the entire fifth floor within the property’s 70,000-square-foot amenity suite – conceived as a sanctuary where owners can fully reset and recharge. Overlooking the Atlantic, the venue blends Mediterranean-inspired materials, including travertine, marble, and brushed bronze accents, with lush, tropical plantings – including olive trees – that bring nature indoors while offering complete privacy.

The unveiling comes as Miami further establishes itself as a global wellness destination, with increasing focus on longevity and holistic living – an evolution reflected in residential design along the coastline, led in part by Sunny Isles Beach.

“This spa represents the pinnacle of experiential design in a residential context,” said Ana Cristina Defortuna, Executive Vice President of Fortune International Group and one of the project’s lead visionaries. “I’ve been fortunate to experience some of the world’s most exceptional spas, and what has stayed with me is how differently each culture approaches wellness. Bringing those perspectives together allowed us to curate a space that reflects the very best of global wellness, thoughtfully adapted for life in Sunny Isles Beach. Today, the most sophisticated spas are no longer just about relaxation – they are centered around longevity, restoration, and overall quality of life. In a world that moves so quickly, it was essential to make this spa a meaningful part of everyday living, not just an occasional indulgence.”

“We approached the design of the spa as something truly timeless, informed by the legacy of the St. Regis brand and the oceanfront setting of this special venue,” said Patricia Anastassiadis, revered São Paulo-based interior architect and founder of Anastassiadis. “From the very first step inside, the intention was to let the outside world gently fall away. We imagined arrival not as an entrance, but as a quiet exhale – a moment where the senses soften and time begins to slow. Inspired in part by the enduring, stone-forward tranquility of Roman baths, the space is expressed through softened forms, luminous materials, and a palette drawn from sand, stone, and sea. Light moves through the space like the ocean itself, creating an atmosphere that feels both serene and quietly theatrical. Above all, we wanted to create a sense of effortless escape – where Miami’s energy is not silenced, but gently refined into something elevated, intimate, and enduring.”

Both Edgardo Defortuna, CEO of Fortune International Group, and Manuel Grosskopf, CEO of Château Group, were hands-on in overseeing the spa’s design, ensuring that every feature met the expectations of a property of this scale, quality, and exclusivity. Spanning 10,000 square feet, the spa includes treatment rooms for facials and massages, a cold plunge and hot tub, infrared sauna, aromatherapy steam room, relaxation lounges, and a massive terrace overlooking the ocean, as well as premium products from French Secrets De Sothys and Davines. Uniquely, it also offers a full-service salon, barber shop, and nail studio, while a small retail area and champagne-and-tea celebration bar complete the resident experience, allowing every indulgence and personal ritual to be effortlessly attended to within the serene setting.

“I’m very hands-on, and so is our entire team – we collaborate constantly, pushing every detail to its highest level,” continued Ana Cristina Defortuna. “From the moment you step into the spa, our goal is to engage all five senses. Every element – from organic materials and layered lighting to scent and sound – has been intentionally curated to create an experience that is both refined and deeply restorative.”

Designed by Arquitectonica, with interiors by Anastassiadis and landscape architecture by EDSA, The Residences occupy a jaw-dropping 435 linear feet of beachfront – the most oceanfront access of any luxury residential community currently under construction in South Florida. Every element has been conceived to maximize privacy, light, and panoramic Atlantic vistas, creating a seamless connection to the ocean from every vantage point.

The South Tower – now nearing sell-out across its 170 residences – remains on track for completion in late 2028. The North Tower, comprising 150 residences, is slated to break ground this summer and continues to attract strong interest from global buyers, evidenced by a string of top sales over the past three months. Together, the towers are projected to achieve more than $3 billion in total sales, reflecting sustained demand for ultra-luxury, oceanfront residences.

Beyond the spa, the development offers a range of features designed to complement wellbeing and recreation, further reinforcing its position within a market increasingly defined by wellness-forward living. Owners benefit from dedicated butler services and a 24-hour concierge team, ensuring seamless, resort-style access to nearly every comfort and convenience. Standout offerings also include a chic oceanfront fitness center with separate studios for spinning, yoga, and Pilates, three oceanfront pools, and a sixth-floor infinity-edge-style pool facing the Intracoastal – the longest pool of its kind in South Florida.

Complementing this amenity-driven positioning, the developers also announced an official registration in New York earlier this year, expanding direct engagement with brokers and buyers in a key market for the project. Remaining residences start at $5 million, offering an extraordinary chance to join a private, oceanfront enclave defined by architectural distinction, resort-level service, and unmatched amenities.

The on-site oceanside sales gallery is located at 18801 Collins Avenue, Sunny Isles Beach.

Interior renderings via Binyan Studio and ARQ

The St. Regis Residences, Sunny Isles Beach, Miami are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). La Playa Beach Associates, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.

Past PROFILEmiami articles about The St. Regis Residences, Sunny Isles Beach, Miami:

For more information about The St. Regis Residences, Sunny Isles Beach, Miami, private showings or purchasing/ leasing information please fill out the form below:

Artefacto Debuts New "Edition 2022" Collection In Partnership With Patricia Anastassiadis To Mark 20th Anniversary In Miami

Internationally renowned luxury furnishing brand Artefacto is marking its 20th anniversary in Miami by debuting the highly anticipated 2022 home furnishings collection, Edition 2022, designed in partnership with Patricia Anastassiadis, in its Coral Gables and Aventura showrooms. Artefacto, which was founded in 1976 in Brazil, has been one of the go-to brands known for furnishing and staging multi-million-dollar residences across South Florida’s hot luxury real estate market from Miami to Palm Beach. Edition 2022 is centered around Artefacto’s signature aesthetic featuring neutral tones and textures for a style that defines contemporary South Florida living. Edition 2022 also conveys a sense of space and function, while celebrating the home as host to life’s moments and memories, from working and entertaining, to relaxing and evolving.

“Our new collection is a beautifully curated celebration of history, home and a cultured life,” says Paulo Bacchi, CEO of Artefacto, who is recognized as South Florida’s go-to asset for creating Insta-worthy multi-million-dollar condos and estates in the most coveted towers and neighborhoods.

Titled Psyché, meaning: breath, life and soul, Edition 2022 is designed in partnership with LatAm designer and Casa Vogue winner Patricia Anastassiadis. The collection is Anastassiadis’ sixth consecutive collection with Artefacto CEO Paulo Bacchi and features 12 limited-edition statement pieces drawing inspiration from Greek history, culture and architecture, while embracing a monochromatic aesthetic rich in neutral tones and textures.

Images via Haddock Lobo/ Artefacto

57 Ocean Achieves $330 Million Sell-Out And Receives TCO With Closings To Begin In October

57 Ocean condominium on Miami Beach’s iconic Millionaire’s Row has announced that it has achieved a $330 million sellout and has received its TCO. Closings are set to begin in October. Sales and marketing launched in 2018 and were led by Fortune Development Sales. Located at 5775 Collins Ave., 57 Ocean was developed by Brazilian billionaire Dr. José Isaac Peres’ Multiplan Real Estate Asset Management, led by managing partner Marcello Kingston.

57 Ocean offers 81-units which come in two to four-bedroom floor plans which started at $1.5 million. Units range in size from 1,200 to 3,600+ square feet, as well as 18 flow-through Sky Residences. The well-appointed homes feature expansive terraces, each stretching 12 feet deep, as well as contemporary Italian kitchens and baths by Poliform. The buildings crown jewel penthouse sold for $36 million, a 7,500 SF Sky Residence with an additional 7,000 SF of outdoor space.

Five-star amenities will include a holistic spa by One Ocean Beauty and products from its marine-based skincare line, a wellness pavilion with a thermal suite and a relaxation and meditation area, along with poolside treatment cabanas, a state-of-the-art fitness center with top-of-the-line MyIsle training equipment by MyEquilibria, and an indoor Technogym fitness center. There will also be a children’s activity room, 24-hour concierge services, pool and beachfront concessions and attendants, direct access to the adjacent Miami Beach Walk, and more.

High-net-worth individuals have been attracted to 57 Ocean from across the globe, but primarily from New York, which accounts for over 65% percent of the tower’s domestic purchases. Buyers singled-out the project for its unparalleled location, contemporary designs by Arquitectonica and interior architect Patricia Anastassiadis, and robust assemblage of holistic “Blue Wellness” amenities and services.

Check out PROFILEmiami’s full coverage of 57 Ocean

Renderings via DBOX

For more information about 57 Ocean, private showings or purchasing/ leasing information please fill out the form below:

A Penthouse At ARTE by Antonio Citterio Sells For Record $22.5 Million In Cryptocurrency

ARTE by Antonio Citterio, the exclusive boutique condominium which recently opened in Miami’s Surfside neighborhood, has sold its lower penthouse for $22.5 million in cryptocurrency. The deal makes the first cryptocurrency real estate transaction for a new development in Miami. ARTE by Antonio Citterio was developed by Alex Sapir’s Sapir Organization and Giovanni Fasciano. The development became the first new residential development in Miami to accept cryptocurrency as a form of payment earlier this month. The deal was overseen by Tara West of Douglas Elliman, who represented the developer, and Ryan Farbstein and Max Farbstein of The Farbstein Team at Douglas Elliman, who represented the buyer.

The transaction for the 5,067 SF PHB has broken several records including the most expensive price per square foot ever sold in Surfside at $4,440.50 PSF, and the second highest penthouse sale in Miami Beach since 2017. The deal also is the highest price pre square foot sale for a condo in 2021.

For cryptocurrency transactions ARTE has a partnership with blockchain and securities trading platform SolidBlock, which provides custom solutions for buying and selling digital assets. SolidBlock ensures that buyers paying in cryptocurrencies such as Bitcoin and Ethereum enjoy an easy and straight-forward purchasing experience.

Nestled in Surfside, the seaside enclave between Bal Harbour and Miami Beach, ARTE is a boutique, oceanfront development at the center of the city’s most vibrant cultural, culinary and shopping destinations. Featuring a stunning design by Italian master architect Antonio Citterio, the building offers impeccable interiors and finishes, as well as ten-star amenities and service. The development was built to cater to an exclusive selection of buyers who have not found quality design, exclusive privacy or outstanding service anywhere else in Miami.

ARTE residents enjoy a robust suite of amenities not found in other Miami luxury condominiums. They include a 75-foot indoor swimming pool, an outdoor swimming pool and beachfront meditation pond, a rooftop tennis court, state-of-the-art fitness center and yoga studio and sauna and steam room. Additional facilities include a children’s playroom with space for remote learning, residents’ lounge, catering kitchen for out-of-home entertaining, and private temperature-controlled parking spaces.

Prices at ARTE by Antonio Citterio start at $10.3 million, or the equivalent cryptocurrency rate, and the spacious three- to five-bedroom plus residences range in size from approximately 3,150 to 7,550 square feet. Sales are exclusively handled by Douglas Elliman Development Marketing.

For more information about ARTE by Antonio Citterio, private showings or purchasing/ leasing information please fill out the form below:

ARTE by Antonio Citterio Is The First New Development In Miami To Accept Cryptocurrency

ARTE by Antonio Citterio, the exclusive boutique condominium which recently opened in Miami’s Surfside neighborhood, has announced that it will be first new residential development in Miami to accept cryptocurrency as a form of payment. Signifying the developers’ optimism for the city's future as the cryptocurrency capital of the world, all remaining residences can be purchased with digital currency.

To streamline the sale of residences in crypto, ARTE has formed partnership with blockchain and securities trading platform SolidBlock, which provides custom solutions for buying and selling digital assets. SolidBlock will ensure that buyers paying in cryptocurrencies such as Bitcoin and Ethereum enjoy an easy and straight-forward purchasing experience. They will also be available to assist with any other crypto exchanges or real-world transactions that buyers wish to make in the future as well as legal and tax advice.

As the first Miami condominium to welcome cryptocurrency, ARTE joins Mayor Francis Suarez in the vision to transform the city into a leading technology hub. By embracing digital assets like Bitcoin as the future of business, the building has taken the lead in upending traditional real estate practices in Miami and has set an example for other developments in the market.

"The embrace of cryptocurrency and emerging technologies across all sectors of industry is precisely how Miami will become the city of the century,” said Mayor Francis Suarez. “ARTE is setting an important precedent and I won't be surprised to hear similar stories in the near future."

The announcement also comes at a unique time in Miami, when many of the top Silicon Valley companies and venture capital firms have opened satellite offices or have expanded into the city. According to the developers, this migration has played a role in the decision to launch a cryptocurrency offering at Arte.

“Miami is becoming a true city of tomorrow,” said Alex Sapir, Chairman of Sapir Corp LTD, whose Israel-and New York-based subsidiary, SC 8955 LLC, developed the project. “As the most exclusive luxury building in the city, we’re positioning ourselves for a future where half the world’s billionaires are crypto billionaires, which will happen once Bitcoin reaches $200,000. With cryptocurrencies already creating incredible worldwide wealth, it’s real estate that will sustain that wealth and provide buyers with a legacy. Cryptocurrency is an important and valuable asset, and we believe it’s only natural to set the pace in the real estate industry for these types of transactions at Arte, not just keep up with it.”

“Cryptocurrency is not only a viable and sustainable new asset, it’s also the future of wealth,” said Giovanni Fasciano, co-developer. “As more technology executives move to Miami and bring cryptocurrency along with them, it is crucial that buildings start to devise plans to make blockchain transactions easier and more secure for investors. Arte is the only Miami condominium positioning itself to attract this community at the moment, and we’re proud to take the lead in partnership with SolidBlock.”

ARTE’s collaboration with SolidBlock is the first of its kind. The company pioneered the field of tokenization, spearheading the world’s first successful commercial real estate security token offering (STO), raising $18M for the Aspen St. Regis Resort in 2018. Customizing solutions for private entities to purchase residential real estate in tokens is a new frontier for the platform, and one that could set an exciting precedent for future large-scale luxury developments.

“We are thrilled to have the opportunity to partner with the developers of one of Miami’s most sought-after buildings,” said Yael Tamar, co-founder and co-CEO of SolidBlock. “Discerning and tech-savvy buyers both local and international will appreciate having access to a platform that streamlines the process and helps them invest in this amazing opportunity.”

Nestled in Surfside, the seaside enclave between Bal Harbour and Miami Beach, ARTE is a boutique, oceanfront development at the center of the city’s most vibrant cultural, culinary and shopping destinations. Featuring a stunning design by Italian master architect Antonio Citterio, the building offers impeccable interiors and finishes, as well as ten-star amenities and service. The development was built to cater to an exclusive selection of buyers who have not found quality design, exclusive privacy or outstanding service anywhere else in Miami.

ARTE residents enjoy a robust suite of amenities not found in other Miami luxury condominiums. They include a 75-foot indoor swimming pool, an outdoor swimming pool and beachfront meditation pond, a rooftop tennis court, state-of-the-art fitness center and yoga studio and sauna and steam room. Additional facilities include a children’s playroom with space for remote learning, residents’ lounge, catering kitchen for out-of-home entertaining, and private temperature-controlled parking spaces.

Prices at ARTE by Antonio Citterio start at $10.3 million, or the equivalent cryptocurrency rate, and the spacious three- to five-bedroom plus residences range in size from approximately 3,150 to 7,550 square feet. Sales are exclusively handled by Douglas Elliman Development Marketing.

For more information about ARTE by Antonio Citterio, private showings or purchasing/ leasing information please fill out the form below:

57 Ocean Reports Over $90 Million In Sales Over Past 3 Months, Now 80% Sold

57 Ocean condominium on Miami Beach’s iconic Millionaire’s Row has announced that it has achieved an unprecedented $90 million sold in 3 months in the midst of the global pandemic. The ultra-luxury oceanfront condo tower is now over 80% sold as construction is expected to be completed Fall 2021. Of those that have gone under contract in the last 90 days includes five of the property’s largest units, the Sky Residences. Sky Residences feature flow-through formats with both city and ocean views spanning four bedrooms, five-and-a-half bathrooms, plus service quarters. Sky Residences are priced from $8.5 million.

High-net-worth individuals have been attracted to 57 Ocean from across the globe, but primarily from New York, which accounts for over 65% percent of the tower’s domestic purchases. Buyers have singled-out the project for its unparalleled location, contemporary designs by Arquitectonica and interior architect Patricia Anastassiadis, and robust assemblage of holistic “Blue Wellness” amenities and services.

“57 Ocean continues to outpace the rest of the area’s ultra-luxury condominium market,” said Marcelo Kingston, Managing Partner of Multiplan REAM. “Our buyers understand the unprecedented value of living on the ocean in a brand-new, state-of-the-art boutique building that is not only well-sited in a tranquil, family-friendly neighborhood, but has such a distinct focus on holistic wellness. This project exceeds all expectations.”

“There’s no doubt that 57 Ocean is one of the most highly anticipated projects to enter the global prime property market,” said Edgardo Defortuna, President and CEO of Fortune International Group, the exclusive broker of 57 Ocean. “As evidenced by the sales momentum, the excitement only continues to build among well-heeled homebuyers who are increasingly attracted to some of 57 Ocean’s largest, flow-through floorplans -- the spectacular Sky Residences.”

Located at 5775 Collins Ave., 57 Ocean is the brainchild of Dr. José Isaac Peres, Multiplan Real Estate Asset Management’s founder and one of the most globally acclaimed developers, and is led by managing partner Marcello Kingston. The condominium will offer 81-units which come in two to four-bedroom floor plans, starting at $1.5 million with sizes ranging from 1,200 to 3,600+ square feet, as well as 18 flow-through Sky Residences. The well-appointed homes will feature expansive terraces, each stretching 12 feet deep, as well as contemporary Italian kitchens and baths by Poliform.

Five-star amenities will include a holistic spa by One Ocean Beauty and products from its marine-based skincare line, a wellness pavilion with a thermal suite and a relaxation and meditation area, along with poolside treatment cabanas, a state-of-the-art fitness center with top-of-the-line MyIsle training equipment by MyEquilibria, and an indoor Technogym fitness center. There will also be a children’s activity room, 24-hour concierge services, pool and beachfront concessions and attendants, direct access to the adjacent Miami Beach Walk, and more.

Check out PROFILEmiami’s full coverage of 57 Ocean

Renderings via DBOX

For more information about 57 Ocean, private showings or purchasing/ leasing information please fill out the form below:

Ivanka Trump And Jared Kushner Rent Condo In Arte by Antonio Citterio In Surfside

President Donald Trump’s daughter and son-in-law, Ivanka Trump and Jared Kushner, have reportedly signed a lease at ARTE by Antonio Citterio in Surfside, developed by Alex Sapir and Giovanni Fasciano. The news comes as President Trump leaves the White House for his nearby Mar-A-Lago estate in Palm Beach. Ivanka Trump and Kushner acquired a property for $32 million in December 2020 on Indian Creek Island, an ultra-exclusive billionaire bunker enclave adjacent to Surfside. The Sapir Organization has close ties to the Trump Organization as the pair developed the Trump Soho in partnership with Bayrock, a hotel condominium in Manhattan’s Hudson Square neighborhood which was completed in 2008.

ARTE is a 12-story luxury oceanfront building comprising of just 16 exclusive residences, located at 8955 Collins Avenue in Surfside. ARTE was developed by Alex Sapir and Giovanni Fasciano and designed by Italian master architect Antonio Citterio. ARTE offers impeccable interiors and finishes, as well as ten-star amenities and service. ARTE was built to cater to an exclusive selection of buyers who have not found quality design, exclusive privacy, or outstanding service anywhere else in Miami.

ARTE features a full-suite of lavish amenities including a 75-foot indoor swimming pool, an outdoor swimming pool and beachfront meditation pond, a rooftop tennis court, state-of-the-art fitness center and yoga studio, sauna and steam room and dedicated pet runway and relief corridor. Additional facilities include a children’s playroom, residents’ lounge, catering kitchen for out-of-home entertaining, and private temperature-controlled parking spaces.

For more information about Arte by Antonio Citterio, private showings or purchasing/ leasing information please fill out the form below:

ARTE by Antonio Citterio Breaks Record With $33 Million Triplex Penthouse Cash Sale In Surfside

ARTE, a new oceanfront luxury condominium developed by Alex Sapir and Giovanni Fasciano, have announced the record-breaking sale of its triplex penthouse for $33 million. The all-cash transaction is Miami Beach’s third most expensive penthouse sale in the last seven years, and represents the highest price per square foot ever recorded in the city’s exclusive Surfside neighborhood. In the transaction ARTE was represented by Tara West of Douglas Elliman Development Marketing and Ryan Serhant of Serhant Group and Julian Cohen of Jills Zeder Group represented the buyer.

“We’re thrilled to have sold this penthouse at a record-breaking price for Surfside and Miami Beach, as ARTE is much more than an ordinary luxury condominium,” said Alex Sapir, Chairman of Sapir Corp LTD, whose Israel- and New York-based subsidiary, SC 8955 LLC, developed the project. “Buying at ARTE is like joining an exclusive club reserved for the domestic and international elite who place a premium on privacy, architecture and service, an experience that one can attain at the finest hotels and resorts around the world without the transient environment. We aimed to design a lifestyle that would allow for buyers to always feel like they’re on vacation, even if Miami is their permanent residence. The dedication to the experience and design has been the mission from day one and we hope that all these details are what resonated with the penthouse buyer, as there’s nothing else comparable in the city.”

At roughly $4,300 per square foot, the five-bedroom residence has shattered the previous Surfside record of $3,656 price per square foot. The penthouse at ARTE also secured the second-highest price per square foot in Miami Beach’s penthouse history. The transaction represents the third-most expensive penthouse sale in Miami Beach within the past seven years.

“The world’s most affluent people with homes across cities like London, LA and New York are now coming to Miami for its warm weather, beautiful beaches, tax benefits and unique lifestyle,” said Giovanni Fasciano, developer partner at ARTE. “We are truly the premiere luxury condominium that can offer them the privacy and services that they have come to expect. The design and quality of ARTE will stand the test of time. We are proud to hold the record for most expensive penthouse sale in Surfside and the second-highest price per square foot in Miami Beach’s penthouse history. The titles are truly reflective of the amount of thought and care that went into developing such a special project.”

The triplex penthouse is the crown jewel of ARTE. At 7,681 interior square feet, the penthouse features five bedrooms, five bathrooms, two powder rooms, and an additional 6,260 square feet of terrace space with 360-degree panoramic views of Miami Beach, the Atlantic Ocean and the illustrious Surfside shoreline. The home also includes a private rooftop lounge featuring a show-stopping, 23-foot swimming pool, a wraparound pergola in Botanic Green Quartzite, as well as a fully equipped kitchenette. The record-breaking penthouse was sold completely furnished by Visionnaire, a leading Italian design brand, with showrooms in the U.S. and around the world, to a highly sophisticated individual from New York who works in private equity.

With ARTE, a 12-story luxury oceanfront building comprising of just 16 exclusive residences, Alex Sapir and Giovanni Fasciano created a masterpiece in Miami’s condominium market. Featuring a stunning design by Italian master architect Antonio Citterio, ARTE offers impeccable interiors and finishes, as well as ten-star amenities and service. ARTE was built to cater to an exclusive selection of buyers who have not found quality design, exclusive privacy, or outstanding service anywhere else in Miami.

ARTE residents enjoy a robust suite of amenities not found in other Miami luxury condominiums. They include a 75-foot indoor swimming pool, an outdoor swimming pool and beachfront meditation pond, a rooftop tennis court, state-of-the-art fitness center and yoga studio, sauna and steam room and dedicated pet runway and relief corridor. Additional facilities include a children’s playroom, residents’ lounge, catering kitchen for out-of-home entertaining, and private temperature-controlled parking spaces.

For more information about Arte by Antonio Citterio, private showings or purchasing/ leasing information please fill out the form below: