PROFILEmiami's Top 5 of 2019

2019 rang in as yet another amazing year for Miami, the city’s community, the real estate industry and of course, here at PROFILEmiami. Terra announced Mr. C Residences Coconut Grove, Miami Worldcenter continued to plow towards completion with the opening of PARAMOUNT Miami Worldcenter, Elysee topped off in Edgewater and some of the most lavish waterfront homes traded hands for record setting prices. We appreciate all of the continued support from our readers, media partners, advertising partners, friends and family. We look forward to kicking off 2020 strong with the launch of our new event series starting in February with PROFILEmiami Presents People To Watch: Leaders in South Florida Real Estate @ X Miami (stay tuned for more information in the coming days). As we prepare to wrap up the second decade of the millennium, lets take a look back at some of the best stories and hottest homes from the Miami real estate world in 2019:

1. STEP INSIDE THE ULTRA-LUXE BEACHFRONT ESTATE 1071 NORTH OCEAN BOULEVARD IN PALM BEACH

In April PROFILEmiami has the honor to tour 1071 North Ocean Blvd. with Douglas Elliman’s Jay Parker and the team behind the Knight Frank Wealth Report. There are few locations as lavish as Palm Beach and few homes as magnificent as a Palm Beach estate with direct oceanfront views from every room. 1071 North Ocean Boulevard built by Hugh Davis in a French Normandy style spread over 5 bedrooms, 7 full bathrooms and 9 half-baths complete with 2 fully appointed guest apartments and 8 car garage. The 35,000 SF home features views from almost every room including a library, home theater, wine room, fitness center, barber shop, dining room with ocean views, kitchen with ocean views and a wood paneled pub room. Outside the breathtaking backyard offers an outdoor loggia, summer kitchen, infinity pool and spa overlooking the tranquil beaches of the North End, Palm Beach. 1071 N Ocean Boulevard, Palm Beach was listed for $59,900,000 with Ashley McIntosh, Gary Pohrer and Vince Spadea of Douglas Elliman and sold in July 2019 for $40,870,916. Tour the estate here.

2. TERRA AND MR. C UNVEIL PLANS FOR NEXT-GENERATION DEVELOPMENT: MR. C RESIDENCES COCONUT GROVE 

David Martin’s Terra and Ignazio Cipriani’s Mr. C have announced a new, high-end residential and mixed-use development in the heart of the reclusive Coconut Grove neighborhood. This is the first large-scale residential project by the Mr. C brand, a 20-story, 151-unit tower at 2655 South Bayshore Drive.

“We’re excited to bring four generations of the Cipriani’s perfectly serviced lifestyle experience into such a wonderful project and location,” says Ignazio Cipriani, co-founder of the Mr. C brand. “Mr. C Residences Coconut Grove will be a contemporary take on classic European living, offering old world sophistication with modern comfort, combining the maritime tradition of both our brand and Coconut Grove.”

This marks the third new construction residential development for Terra along South Bayshore Drive in Coconut Grove, and a continued collaboration between developers and hospitality brands to deliver new levels of service, design, cuisine and lifestyle. “People are looking for more thoughtful, full-service solutions set in a prime walkable location for effortless living,” says Martin. Get the full update.

3. CHECK OUT THIS NEWLY REVEALED JAMES BOND-STYLE VENETIAN ISLANDS ESTATE WHICH JUST HIT THE MARKET FOR $18.5 MILLION

In early November PROFILEmiami got an exclusive tour of this lavish, modern Venetian Islands mansion complete with a caviar tasting and champagne. The new sculpturesque mansion on the Venetian Islands, located at 941 N Venetian Drive, is now listed by Dina Goldentayer of Douglas Elliman for $18,500,000. The luxurious yet modern estate was completed two weeks ago and was unveiled to showcase the stunning design and incomparable waterfront views of the Miami skyline. Miami-based developers, Eduardo Otaola, Rodrigo Diaz and Eduardo Lucca called on James Wall interior designer who leads as Creative Director at Thirlwall Design and responsible for the development of the geometric breathtaking estate, brought to life a bespoke jaw dropping façade. Tour the home here.

4. TWO ROADS DEVELOPMENT’S ELYSEE TOPS OFF IN EDGEWATER

Two Roads Development and John Moriarty & Associates has officially announced the top off of Elysee, their luxurious new waterfront condo in Edgewater that now rises 57-stories, 649’. Elysee is now the tallest tower in Edgewater and roughly the 10th tallest tower in Miami. The Arquitectonica-designed tower’s striking three-tiered telescoping shape ascends into the sky, creating a bold, multi-tiered silhouette providing direct 180-degree water and city views from every residence. Elysee’s interior design concepts were designed by Paris-based designer Jean-Louis Deniot, one of the world’s preeminent talents in interior design, who is behind the building’s common area amenity spaces. Elysee features 100 residential units which span either a half floor or full floor with pricing ranging from $1.8 million to over $10 million. Completion is scheduled for 2020. Get the full update.

5. DON PEEBLES ANNOUNCES THE RELAUNCH OF THE ULTRA-PRIVATE MEMBERSHIP ONLY BATH CLUB MIAMI BEACH

In November South Florida real estate scion Don Peebles announced the relaunch of the swanky, ultra-private membership only Bath Club. Dating back to the Jazz age of the early 1920s, The Bath Club Miami Beach was the first established social club in the Southeast, which flaunted A-list members such as President Herbert Hoover, Pierre Cartier, William Vanderbilt II and William Boeing. During its heyday, the Club’s highly selective membership and privileged beach culture denied access to African Americans and Jewish people. Fast forward to 1999, entrepreneur Don Peebles, the first African American member, goes on to purchase the property, and now announces big plans to open a new, ‘exclusively inclusive’ club with an atmosphere welcoming of all ethnicities, cultures and lifestyles. Get the full update here.

PROFILEmiami’s Top 5 Of 2017

It’s that time of year again. While most of the United States is stuck in a New Years icebox, the sun is shining bright on Miami. 2017 was a big year for Miami real estate as towers such as One Thousand Museum and  Panorama Tower reached for the sky, pushing Miami’s skyline to new heights while others such as Grove at Grand Bay and Brickell Heights officially opened their doors to residents. The luxury residential market also saw a huge year as many of Miami’s most lavish and exclusive estates hit the market and traded hands for record breaking prices. Here is PROFILEmiami’s Top 5 Moments from 2017:

1. Zaha Hadid's One Thousand Museum Reveals Artefacto Designed Preview Residence 

In November, the Zaha Hadid-designed One Thousand Museum revealed the first look at their uber-luxe "preview residence" furnished by Miami-based Brazilian furnishing brand, Artefacto and designed by Joao Armentano. Artefacto outfitted the fully-built out 17th floor's interiors, fusing Zaha’s futuristic aesthetic with the brand’s signature Brazilian approach to contemporary design. Paulo Bacchi, President and CEO of Artefacto, hand selected items from the brand’s newest collection, which hit showrooms last summer in celebration of their 15th anniversary. The 4,635 SF residence features 4 bedrooms and 5 bathrooms with a half-bath. The unit features elegant and timeless warm tones and clean lines to complement the building’s curvaceous architecture, floor-to-ceiling windows overlooking the bay and Museum Park, and an impressive art collection curated by Sarah Jane Bruce (SJB Fine Art Services) and Flavia Masetto (Flavia Masetto Fine Arts). Once completed the residence sold within days for $6.8 million. Tour the lavish residence here. 

2. Fly Through A Choeff Levy Fischman Designed Palm Island Mansion With A 15’ Waterfall 

Palm Island was hot with news through 2017 including 280 South Coconut Lane on Palm Island hitting the market for $10.8 million and Birdman’s estate falling into bankruptcy, but at PROFILEmiami we have to give the cake to the Choeff Levy Fischman-designed 73 Pam Avenue. 73 Palm Avenue is a 13,676 SF waterfront villa that features 9 bedrooms, 10 bathrooms and 1 powder room. The two-story contemporary also features a private rooftop terrace, disappearing sliding glass doors to optimize indoor/ outdoor living, 15' cascading water feature that empties into a reflecting pond with large stepping-stones creates a floating illusion and greets guests at the home’s main entrance, a statuesque three-story staircase, LED lighting, custom Italian kitchen, Crestron automated smart home, home theater, wine cellar, fully furnished throughout with Minotti, Poliform and other fine furnishings, 4-car garage suites and an elevator. Outdoors, the home features a 2,500 SF roof top terrace with summer kitchen, oversized infinity-edge pool, a secluded hot tub off the master bedroom terrace and 100' waterfront frontage. The home was designed around the giant Banyan tree located near the water in the backyard. 73 Palm Ave. is currently listed for $29,500,000 with Mirce Curkoski and Albert Justo of One Sotheby's International Realty. Tour the spectacular estate here. 

3. PROFILE Exclusive: Inside One Thousand Museum with Louis Birdman, Co-Developer Behind The Uber-Lux, Zaha Hadid-Designed Futuristic Tower

In August PROFILEmiami had the exclusive opportunity to sit down with Louis Birdman, one of the co-developers behind One Thousand Museum by Zaha Hadid Architects, to discuss the futuristic, ultra-luxury, condo tower. Louis tackles everything from working with legendary architect Zaha Hadid, to tackling the luxury market and the unique GFRC exoskeleton design that makes up the tower's unique, skyline changing, iconic design. Take a look inside the mind of one of the masterminds transforming Downtown Miami into a vibrant, modern, world-class city center.

PM: No developer had touched creating ultra-luxury in downtown Miami up until this point. What made you guys say let's be the first?

LB: When we started to see the market coming back. There was a period of time when the market imploded. It wasn’t just a Miami issue, it was a global banking issue. The first real estate market that started to rebound was New York, and shortly thereafter came Miami. The profile of buyers changed dramatically from the last peak in the market, where it was a highly speculative market that lots of investors highly leveraged. This time around, the buyers for condo products, particularly in Miami, were more focused on luxury. They were investors, but they were also end users. With a large flow of capital domestically and in Latin America, Miami has been one of the places that people look to invest in real estate. Continue reading the exclusive interview here. 

4. PROFILE Exclusive: Transforming Coconut Grove with David Martin of Terra

In March PROFILEmiami had the exclusive opportunity to sit down with David Martin, one of the founders of Terra and the mastermind behind Park Grove and Grove at Grand Bay. Find out how he is helping transform Coconut Grove into one of Miami's hottest neighborhoods.

PM: You guys have been integral in transforming Coconut Grove. What do you think of the recent new developments in Coconut Grove and the new energy they have brought?

DM: I think it is about time. I think that the world and the city is realizing a lot of the amazing assets thats Coconut Grove has. It has amazing parks, amazing schools, amazing people. Geographically it is strategically located to a lot of different other neighborhoods as well. Now with the Grove at Grand Bay project that we did, it was big, and now Park Grove with Related, I think that this is developing into a neighborhood with new architecture as well as with some of the old Florida architecture as well. It has a good diversity and design and I think that there is a lot of new restaurants that are coming and a lot of new retail. Coconut Grove is a neighborhood that has a lot of components but it is very quite and peaceful. That quiet innocence is what people are looking for to raise their families, or spend time with their families. A lot of our buyers are empty nesters so they're looking for urbanism and walkability so that tree canopy here and walkability is very important as well. Continue reading the exclusive interview here.

5. Inside PROFILEmiami’s Five Star Stay at The Residences at W Fort Lauderdale

In September PROFILEmiami had the exclusive opportunity to stay at W Residences Fort Lauderdale, located directly on Fort Lauderdale's pristine beaches and the Atlantic Ocean. After a $60 million renovation overseen by Related Companies and Meyer Davis Studio, W Fort Lauderdale is one of the finest options on Fort Lauderdale's seaside A1A strip. The two-tower property features luxurious, nautical private condominium residences and hotel, all with direct ocean views. W Fort Lauderdale’s five-star amenities and services feature a high-end beach club, full-service pools, multiple restaurants and eateries, spa, fitness center, nightlife and full-service staff. Buyers at W Residences Fort Lauderdale are investing in the brand’s lifestyle offerings. They can enjoy the quality service, amenities and hospitality that W Hotels are internationally known for. Whether you are looking for a beachside weekend escape, full-time residence, part-time residence or rental-income property, W Residences Fort Lauderdale is a prime beachfront option. Read PROFILEmiami’s full review of our five-star stay here.