MG Developer Breaks Ground and Launches Sales For 'The George', The Final Development in Biltmore Square in Coral Gables

One of Coral Gables’ most active development firms, MG Developer, has announced the official groundbreaking and sales launch of The George Residences, its final and most prestigious development in the award-winning Biltmore Square community. Located at 717 Valencia Avenue, this limited collection of 13 ultra-luxury townhomes marks the culmination of MG Developer’s decade-long vision to redefine luxury living in Coral Gables. Residences at The George start at $6.275 million, with completion expected in Q2 2027.

The milestone coincides with the unveiling of new interior and exterior renderings, offering a first look at the architecture, design, and townhome lifestyle that will further elevate one of Coral Gables’ most storied neighborhoods.

“Breaking ground on The George is a defining moment not just for MG Developer, but for Coral Gables as a whole,” said Alirio Torrealba, CEO of MG Developer. “This project represents the apex of our architectural and cultural vision, an homage to George Merrick’s legacy that merges timeless design with a modern sensibility. With Pine Bay Capital’s trust, De la Guardia Victoria Architects & Urbanists’ architectural mastery, and Ryan Serhant of SERHANT. New Development leading sales, we’ve curated a team that embodies the very best of design, craftsmanship, and global appeal.”

Designed by acclaimed architect Maria de la Guardia, The George blends Mediterranean-inspired architecture with contemporary luxury. Each residence spans more than 5,000 square feet and features private courtyards, loggias, summer kitchens, 4-car garages with EV charging stations, and integrated smart-home automation for lighting, music, and security. Finishes include Italian millwork, marble countertops, solid mahogany doors and windows, and premium appliances from Subzero, Wolf, and Waterworks.

Sales and marketing are led exclusively by Ryan Serhant and Jorge Fernandez of SERHANT. New Development, reinforcing the project’s national prominence and positioning it as one of South Florida’s most distinguished new addresses.

“The George is a rare offering, a boutique collection of residences that captures the spirit of Coral Gables’ tree-lined charm while delivering a cosmopolitan level of luxury,” said Ryan Serhant, CEO of SERHANT. “Our team is thrilled to introduce these homes to a discerning audience that values design, sophistication, and timeless quality.”

Earlier this year, MG Developer secured a $41 million construction loan from Pine Bay Capital, underscoring institutional confidence in the Coral Gables ultra-luxury market and the strength of MG Developer’s brand.

Renderings via Metrica Visuals

For more information about The George or to inquire about purchasing a unit please fill out the form below:

MG Developer Locks Down $41 Million Construction Loan For The George Residences, The Final Development in Coral Gables' Biltmore Square

MG Developer has secured a $41 million construction loan from Pine Bay Capital to bring The George, its final and most prestigious project in Biltmore Square, to life. Located at 717 Valencia Avenue, this exclusive collection of 13 ultra-luxury townhomes represents the culmination of MG Developer’s transformative vision for Coral Gables. Residences at The George start at $5.9 million with completion expected in Q2 2027.

“This financing milestone reaffirms our belief in the timeless vision behind The George,” said Alirio Torrealba, CEO of MG Developer. “We’re proud to have Pine Bay Capital's support and excited to move forward with what will be one of the most exclusive residential offerings in Coral Gables. With world-renowned broker Ryan Serhant and his team leading sales, interiors by Nina Takesh, and architecture by De la Guardia Victoria Architects & Urbanists, we've assembled a best-in-class team that reflects a continued love and contribution to the legacy of Coral Gables and its founder.”

The George stands as a tribute to the city’s founder, George Merrick, and reflects MG Developer’s deep-rooted commitment to honoring Coral Gables’ architectural and cultural legacy. Designed by acclaimed architect Maria de la Guardia, with interiors by Nina Takesh, the project will deliver elevated design and a lifestyle of distinction.

Over the past decade, MG Developer has completed some of Coral Gables’ most iconic developments, including the award-winning Biltmore Row, Beatrice Row, Biltmore Parc, and most recently, The Village at Coral Gables, blending Mediterranean-inspired architecture with modern luxury. The George will extend that legacy with generous floor plans, curated finishes, and an exceptional location within walking distance to Downtown Coral Gables.

Sales and marketing for The George are led exclusively by Ryan Serhant SERHANT. New Development, reinforcing the project’s national reach and prestige.

“This is one of the most architecturally significant and emotionally compelling projects our team has encountered,” said Ryan Serhant, CEO of SERHANT. “The George is the final jewel in the Biltmore Square legacy, and we are honored to represent it. It’s a rare opportunity to own a piece of Coral Gables luxury that elegantly defines its future.”

Each residence spans over 5,000 square feet, featuring solid mahogany doors and windows, Italian millwork, marble countertops, and top-tier appliances from Subzero, Wolf, and Waterworks. Interior highlights include ceiling heights up to 12 feet, a sculptural staircase with skylight, elevators, and custom automation packages for lighting, music, and security. Upon completion, total sales from the project are expected to reach approximately $90 million.

Outdoor spaces include private courtyards, loggias, and summer kitchens, designed for seamless indoor-outdoor entertaining. All homes come with 4-car garages, EV chargers, and generator-ready systems, a rare blend of traditional craftsmanship and modern functionality.

Trinity Southern and SERHANT. Reveal 29 Indian Creek in Miami Beach's Faena District

SERHANT. New Development, the dedicated division for the sales, leasing and marketing of new development projects at SERHANT., has announced the sales launch of 29 Indian Creek, a meticulously curated collection of 20 one-and two-bedroom luxury condominium residences with two extraordinary two-story townhomes in the heart of the ultra-luxury Faena District on Miami Beach. Developed and built by Trinity Southern, in partnership with JMH Development, 29 Indian Creek is thoughtfully designed to offer an upscale modern living experience in Miami.

With architecture, interiors and landscapes by Urban Robot, the project was painstakingly designed to offer smart living spaces enhanced by sophisticated interiors and exquisite amenities and services rarely offered in such a unique residential development. With residences ranging from 820 to just over 1,750 square feet, the 29 Indian Creek condominium properties are being offered at $1.4 million to over $3 million.

The open-concept living spaces with floor-to-ceiling windows feature soaring ceiling heights of over nine feet, presenting owners with a spacious and airy feeling of bringing the outdoors comfortably inside. Refined kitchens are designed with custom bone-white lacquered millwork and elegantly complemented by glass upper cabinets. Kitchens feature expansive stone islands, countertops and backsplashes with a fully integrated panel-ready, premium appliance package including a built-in wine cooler in every residence. Functionally sophisticated bath suites feature freestanding Hansgrohe fixtures, and elegant, backlit mirrors. Corner units offer a wrap-around balcony, along with all residences boasting an expansive terrace with art-deco architectural railings offering owners a seamless blend of open-air living.

The two extraordinary townhome residences are truly rare finds on the Beach. A careful reconstruction of the defining architectural style of historic Miami Beach leads to unparalleled privacy and bespoke luxury. Private and serene, the 500 square feet outdoor terraces are beautifully outfitted with extraordinary summer kitchens and stainless cabinetry framing the cooking station and wet bar designed for entertaining and al fresco dining.

“29 Indian Creek combines elegant, modern design and a meticulous attention to detail in one of the best locations in Miami Beach,” said Ryan Serhant, Founder and CEO of SERHANT., who is leading the project’s sales. “With its functional layouts, high-end finishes, and exceptional setting, this development presents a unique opportunity for those seeking a truly elevated coastal lifestyle.”

“We are handcrafting 29 Indian Creek to create a new paradigm of luxury for savvy buyers,” said Bill Lozito, Principal of Trinity. “Every detail has been carefully considered to provide residents with what they deserve – the highest level of quality and style in a brand-new, comfortable home. We are excited to be in the heart of the Faena District, where art-deco style meets contemporary luxury.”

Residents at 29 Indian Creek will enjoy a curated selection of luxurious amenities and services designed to elevate everyday living. In addition to the building’s lavish offerings, select owners will receive an exclusive and covetable membership to the Beach Club at the Miami Beach EDITION. This features deluxe unlimited access to oceanfront lounge chairs and sun umbrellas, reservations for cabanas for the members and up to two guests, exceptional food and beverage services with priority seating and discounts at all EDITION restaurants and lounges. Further benefits include full access to all hotel amenities including the spa, basement bowl and skate, all pools and the cutting-edge fitness facility. In addition to “Members Only” events and Little EDITION experiences.

On-site owners can surround themselves with unparalleled amenities creating a beautiful tropical oasis, which include a 24/7 front desk concierge committed to anticipating the needs of residents along with the convenience of on-site valet parking ensuring seamless, timely arrivals and departures. The state-of-the-art on-site fitness center is complemented by rejuvenating wellness features, including an infrared sauna and cold plunge. For relaxation and leisure, the rooftop pool provides a serene retreat, complete with palm tree-shaded daybeds, lounge chairs, outdoor shower and a semi-private seating area with a fire pit for nighttime relaxation. The rooftop also features a summer kitchen, offering a barbecue and dining area perfect for entertaining and enjoying the views. The first to purchase will receive an exclusive beach-club membership at The Edition, entitling them to another level of comfort and luxury rarely offered in a boutique project.

For more information about 29 Indian Creek or to inquire about purchasing a unit please fill out the form below:

Sunset Islands Waterfront Sells For $34 Million Brokered By Scott Lawrence Porter And Nile Lundgren

A waterfront mansion located 2120 Bay Ave. on Miami Beach’s Sunset Islands has sold for $34 million in an off-market deal. The sale price equates to roughly $5,300 PSF for the 6,400 SF home. The transaction was brokered by Scott Lawrence Porter of ALTARA Properties and Nile Lundgren of SERHANT. The home sold last year for $18 million in an off-market deal that was also brokered by Scott Lawrence Porter.

2120 Bay Ave. was built in 1957 and is located on a 28,454 SF lot on Sunset Island IV. The recently remodeled residence spans 6,400 SF and features 5 bedrooms and 5.5 bathrooms. Outside the home offers 210’ of water frontage, as well as a pool, summer kitchen and dock.

ALTARA Properties is a full service real estate company led by Managing Broker Demetri Demascus, who is also co-founder of PROFILEmiami. ALTARA Properties offers both residential and commercial brokerage and marketing services across South Florida with in-house PR, branding and marketing offered to all agents. ALTARA Properties has over $40 million in closed transactions since launching in early 2022.

SERHANT is a New York-based brokerage led by Ryan Serhant who was featured on the hit TV show Million Dollar Listing. SERHANT is one of the most followed real estate brands in the world and is working to revolutionize the brokerage model through media and content creation. SERHANT offers agents a full-service in-house film studio with in-house production and branding teams.

The Sunset Islands, a set of four luxurious residential islands located just off of South Beach next to Sunset Harbour, has been a hotspot for luxury development and transactions. In February 1775 West 24th St. sold in an off market deal for $11.5 million, roughly $3,546 PSF. Recently Andian Development acquired 1415 North View Drive for $13.9 million with plans to renovate the home. In December Shlomy Alexander, Felix Cohen and Julian Cohen sold a spec home they developed at 1825 West 24th Street for a Sunset Island record $25 million, $3,811 PSF. Developer James Curnin sold a spec home at 1757 West 27th Street for $24.8 million to former Goldman Sachs exec Don Mullen and Kawa Capital Management co-founder Alexandre Saverin and his wife sold their home at 1617 West 22nd Street on Sunset Island IV for $13 million.

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:

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: