CMC Group and Morabito Properties Break Ground On Onda Residences In Bay Harbor Islands
Veteran Miami developers Ugo Colombo of CMC Group and Valerio Morabito of Morabito Properties have broken ground on Onda, a new boutique luxury condominium in Miami’s exclusive Bay Harbor Islands neighborhood which is designed by world-renowned architect Bernardo Fort-Brescia of Arquitectonica.
Veteran Miami developers Ugo Colombo of CMC Group and Valerio Morabito of Morabito Properties have broken ground on Onda, a new boutique luxury condominium in Miami’s exclusive Bay Harbor Islands neighborhood. Designed by world-renowned architect Bernardo Fort-Brescia of Arquitectonica, the 8-story waterfront development, now rising at 1135 103rd Street, will boast more than 300 linear feet of bay frontage, a private marina, and sweeping views of Biscayne Bay and the Atlantic Ocean. Construction is expected to be completed in 2023.
News of Onda’s groundbreaking comes as the next wave of residential development in Miami takes hold, fueled by an uptick in demand from domestic buyers looking to relocate from major U.S. cities who are attracted to Florida’s desirable quality of life, lower business and living expenses, and tax-friendly policies.
More than 60% of Onda’s 41 luxury residences have already been pre-sold, with the majority of its buyers hailing from the U.S. Impeccably finished residences include two- to four-bedroom plus den layouts measuring between 1,809 and 3,535 square feet in size, with four penthouse residences measuring up to 5,073 square feet – two of which include private rooftop pool decks. Prices range from $1.8 million to over $9.5 million.
“We set out to create an ultra-luxurious intimate building with a handful of units and residents in one of the nicest waterfront communities in South Florida,” said Ugo Colombo, Founder of CMC Group. “Onda’s boutique exclusivity, commanding bay views, and top-quality finishes and materials will brand it as a standout property for a long time to come.”
“Onda will deliver a one-of-a-kind living experience that you won’t find anywhere else in Miami,” said Valerio Morabito, CEO of Morabito Properties. “Our unique location in Bay Harbor Islands offers residents the best of both worlds – the convenience of being connected to the energy of Miami Beach with access to an abundance of restaurants, shopping and entertainment options just minutes away, with the privacy that comes with living in a private family-oriented neighborhood away from the congestion.”
Located just west of the world-class shopping mecca Bal Harbour Shops, Bay Harbor Islands is one of the most coveted residential neighborhoods in Miami. The exclusive two-island waterfront enclave is situated roughly two miles north of Miami Beach and neighbors Indian Creek Island, a private island famously known as “Billionaire Bunker” for its roster of celebrity residents. Bay Harbor Islands is renowned for its charming small-town community vibe, proximity to Miami’s poshest retailers and restaurants, and stunning waterfront views. The walkable family-oriented village also offers an abundance of parks and green space, along with access to one of the best schools in Miami-Dade County.
Among Onda’s most popular features is its private marina with boat slips ranging from 35 to 60 linear feet. The marina’s 15 slips, which are already 70% sold, are available for purchase by residents only. The development will also include a water sports launch dock with available kayaks, paddle boards and inflatables, boasting direct ocean access through Miami’s Haulover inlet.
Building amenities will include a rooftop pool deck and lounge area; a state-of-the-art fitness center with Technogym equipment, a yoga studio, a spa with massage treatment rooms, changing facilities, and steam bath and sauna rooms. Onda will also feature personalized services, state of the art security and technology along with a front desk reception, covered valet drop-off area, personal parking spaces, electric vehicle charging stations and bicycle storage, and residential storage space. The building will offer an integrated digital concierge along with readily accessible WiFi throughout all public spaces, and FTTH (fiber to the home) technology for voice, video and high-speed internet.
All residences will feature an office/den, private and semi-private high-speed elevators, floor-to-ceiling, impact-resistant sliding glass doors and windows, spacious tiled terraces with private gardens, open floor layouts with up to 9-foot grand ceiling heights, fully-accessorized Snaidero kitchens with top-of-the-line Miele appliances, bathrooms with Italian marble and wood cabinetry, exquisite Italian flooring throughout, energy-efficient air conditioning and heating systems with ultra-quiet technology, and air and water filtration systems.
Onda – also known as the Italian word for “wave” – has been architecturally designed by Bernardo Fort-Brescia of Arquitectonica, with interiors imagined by creative design masterminds Carlo and Paolo Colombo of A++ Human Sustainable Architecture, and lush landscaping by award-winning landscape architect Enzo Enea of Enea Garden Design.
Onda benefits from the track-record and expertise of Ugo Colombo of CMC Group and Valerio Morabito of Morabito Properties – two world-class developers driven by their Italian instincts for quality, style, and craftsmanship. Colombo and Morabito previously partnered in 2016 to lead the development of Beach House 8, a nearby boutique waterfront condo building on Collins Avenue in Miami Beach. Most recently, Colombo and CMC Group delivered Brickell Flatiron, a 64-story luxury tower in Downtown Miami’s Brickell Financial District.
Fortune Development Sales is managing sales and marketing for Onda Residences.
Check out our PROFILE Exclusive Interview with Valerio Morabito of Morabito Properties.
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For more information about Onda Residences, private showings or purchasing/ leasing information please fill out the form below:
Finvarb Group Acquires The Landon Bay Harbor Hotel For $10 Million
Finvarb Group, led by Ronny Finvarb, has acquired The Landon Bay Harbor Hotel for $10 million, roughly $219,000 per key. The seller was BHI Hotel who acquired the property in 2007 for $3.9 million. The property was listed with David Cohen and Arthur Porosoff with Compass as well as David Greenberg with Marcus & Millichap.
Finvarb Group, led by Ronny Finvarb, has acquired The Landon Bay Harbor Hotel for $10 million, roughly $219,000 per key. The seller was BHI Hotel who acquired the property in 2007 for $3.9 million. The property was listed with David Cohen and Arthur Porosoff with Compass as well as David Greenberg with Marcus & Millichap. The Landon was built in 1946, renovated in 2010, and is located at 9650 East Bay Harbor Drive. The boutique hotel features 46-keys and spans 22,729 SF. The Landon is also home to The Palm Miami.
The hotel market in Miami has been extremely hot over the past several months. Swire Properties recently sold the 352-key East Hotel in Brickell City Centre for $174 million; Victory Investments Group acquired the art deco Hotel Astor on Miami Beach for $12.75 million; the Brazil-based real estate development firm JHSF acquired the COMO Metropolitan Miami Beach hotel for $70 million; Electra America Hospitality Group (EAHG), a joint venture between Electra America and AKA, acquired the Conrad Miami hotel for over $100 million; and AMS Hospitality, a joint venture between The Allen Morris Company and Black Salmon, acquired the 97-key Circa 39 Hotel in Miami Beach for $25.5 million.
The Finvarb Group is a real estate development and investment company specializing in developing quality mixed-use hotels in premium urban locations and in emerging and underserved markets throughout the United States. The Finvarb Group owns, develops and invests in areas with strong demand growth and which appeal to both business and leisure travelers alike. The Finvarb Group's hotels are linked by a common thread of excellence, distinctiveness and a passionate commitment to deliver outstanding quality. Finvarb Group recently developed and owns The Kimpton Palomar South Beach and recently broke ground on The Thompson South Beach.
PROFILE Exclusive: Inside Onda Residences In Bay Harbor Islands With Developer Valerio Morabito
PROFILEmiami caught up with Valerio Morabito, CEO of Morabito Properties, to discuss his newest joint venture condo development with Ugo Colombo’s CMC Group, Onda Residences in Miami’s Bay Harbor Islands. Designed by world-renowned architect Bernardo Fort-Brescia of Arquitectonica, the 8-story boutique building’s waterfront location will boast more than 300 feet of bay frontage.
PROFILEmiami caught up with Valerio Morabito, CEO of Morabito Properties, to discuss his newest joint venture condo development with Ugo Colombo’s CMC Group, Onda Residences in Miami’s Bay Harbor Islands. Designed by world-renowned architect Bernardo Fort-Brescia of Arquitectonica, the 8-story boutique building’s waterfront location will boast more than 300 feet of bay frontage, a private marina, and sweeping views of Biscayne Bay and the Atlantic Ocean. Construction of Onda is estimated to begin this November with completion slated for 2023.
PROFILEmiami: What are your plans for Onda and what does “Onda” mean?
Valerio: When my partner Ugo Colombo and I were envisioning Onda, we had a “less is more” philosophy in mind – an intimate boutique-style condominium with large residences and luxury amenities. The project’s most unique feature of all, it’s waterfront location on the shores of the exclusive Bay Harbor Islands, was our biggest inspiration.
Onda is the Italian word for “wave.” With over 300 feet of direct bay frontage, the property will include a private marina for residents, a water sports launch dock with available kayaks, paddle boards and inflatables, and direct ocean access through Miami’s Haulover inlet.
PROFILEmiami: Tell me about the building’s architectural design.
Valerio: We chose Bernardo Fort Brescia of Arquitectonica for Onda’s architectural design. Bernardo is a world class architect that knows how to translate the beauty of this city into design. That's what he successfully did with Onda, reflecting the movement of the water and the beauty of the bay into the building’s exterior façade with its undulating balconies.
We have always imagined a place immersed in nature, facing the crystal waters of Biscayne Bay and overlooking Haulover natural park, an oasis of peace and tranquility. Steps away from the best shopping, restaurants, beaches and schools in this city. A place where people can connect with nature, enjoy watersports and boating thanks to the marina and the immediate proximity to the ocean. A place where residents can relax and reinvigorate in the spa and gym. A small, private and fully amenitized building in a unique location that makes life easy and filled with great experiences.
PROFILEmiami: What about the rest of the design team and the interiors?
Valerio: We partnered with A++ Human Sustainable Architecture to imagine the building’s interior design and amenity spaces, and with Enzo Enea of Enea Garden Design to create a signature landscape design for the surrounding grounds.
Onda’s interior décor is being imagined by Carlo and Paolo Colombo, the creative masterminds and founders behind A++. The partners, who are both from Milan, the design capital of the world, have built their reputation by designing and building architectural projects – from hotels and restaurants, to residences and commercial spaces – inspired and heavily rooted on the vision of sustainability and well-being.
Their design of the building incorporates natural materials and textures amid light wooden floors, stone and marble accents, and mid-century style furnishings – all in tones of white, beige, gray, brown and gold. Lush green foliage and planters are incorporated into every space, with views of the turquoise waters of Biscayne Bay on full display.
We wanted Miami’s tropical spirit to come together with an Italian sense of style and elegance, and I believe we have achieved it through these great collaborations.
PROFILEmiami: What makes Bay Harbor Islands so unique?
Valerio: Bay Harbor Islands has been Miami’s best kept secret. It’s a quiet and charming neighborhood surrounded by some of South Florida’s finest shopping, beaches, and schools. The area is synonymous with an upscale, family-oriented lifestyle that appeals to buyers from across the country and around the world. You can be close to the ocean without having to deal with the traffic and hustle-and-bustle of Miami Beach.
PROFILEmiami: What types of buyers are purchasing residences at Onda?
Valerio: The vast majority – more than 80 percent – of our buyers are coming from across the U.S., particularly the northeast markets. We are seeing an uptick in demand from domestic buyers looking to relocate from major U.S. cities lured by South Florida’s quality of life, lower business and living expenses, and tax-friendly policies.
Our buyers are attracted the quality of our finishes and construction, our large residences, our private boutique model, our amenities – and overall, our unmatched waterfront lifestyle. Onda provides all the conveniences of luxury condo living on the Miami waterfront, but at less cost than a single-family house.
Our private marina and direct ocean access via the Haulover inlet is a huge selling point for buyers with boats.
Pura Vida Continues Expansion With Announcement Of Eighth Location In Bay Harbor Islands
Pura Vida has announced the highly-anticipated opening of its eighth all-day café and locals beloved wellness hotspot, opening this October in the vibrant coastal town of Bay Harbor. Since the brand’s inception in Miami Beach in 2012, Jennifer and Omer Horev, have been steadily expanding the Pura Vida name.
Pura Vida has announced the highly-anticipated opening of its eighth all-day café and locals beloved wellness hotspot, opening this October in the vibrant coastal town of Bay Harbor. Since the brand’s inception in Miami Beach in 2012, Jennifer and Omer Horev, the husband/wife duo behind the prominent health-focused restaurant staple, have been steadily expanding the Pura Vida name, upholding a total of ten current locations, two of which are also slated to unveil before the end of this year. Bay Harbor marks the Horev’s next upcoming opening venture, poised to become the neighborhood’s go-to breakfast spot, bakery, and all-in-one coffee shop destination, for locals and visitors alike.
“We’re really looking forward to bringing Pura Vida to the Bay Harbor neighborhood. It’s the perfect place to extend our footprint here in Miami, in that it also gives us the gracious opportunity to serve its neighboring communities of Surfside, Sunny Isles, North Miami, and Keystone Point as well,” said Omer Horev, Chief Executive Officer and Founder of Pura Vida. “With the additions of our Aventura location, our newly expanded Edgewater location, and now Bay Harbor, all in 2021 alone, we’re constantly amazed and humbled at how well-received our brand has been, and continues to be, in the different communities we branch into. The Bay Harbor Islands neighborhood, home to a lively, family-oriented beach community, is the most idyllic area to immerse ourselves within.“
With a mission to promote a healthy lifestyle and anchor health and wellness-driven communities, Pura Vida has evolved into a hub for like minded individuals in each South Florida community in which the brand folds itself into. Pura Vida boasts a quality-drive menu catered to help kick-start one’s day, offering an array of fresh juices and superfood smoothies, canned kombucha, artisanal coffees, an extensive All-Day Breakfast Menu featuring a range of avocado toasts, free-range egg sandwiches, fresh bagels, wraps, and bowls, Raw organic Açaí Bowls, crisp and refreshing salads topped with wild ahi tuna, chicken, salmon, or vegan-lentil based adashah and a wide variety of gluten-free and vegan sweet treats. The new location’s menu will highlight a noteworthy selection of delicious freshly baked goods and mouthwatering breakfast sandwiches, made on in-house baked bagels and multigrain sourdough toast, perfect for a quick grab-and-go style breakfast or sit-down brunch with friends. Guests can also expect to see the brand’s signature menu favorites like the Mango Salmon, Spicy Tuna, and Vegan Lentil Bowls, as well as the Toasted Chicken Wrap and Jen’s Herb Salad. Recently introduced menu items include the SoBe Salmon Wrap, Fire Egg Bowl, and the Oatmeal Peanut Butter Energy Bites.
Quality food and first-rate service are uncompromising trademarks guests can look forward to at Pura Vida’s Bay Harbor outpost, situated on the vibrant palm-tree surrounded corner of Kane Concourse on Bay Harbor Islands. Located just walking-distance from Bal Harbor Shops and Surfside beach, the brand-new location inhabits 3,000 square feet of indoor and outdoor space. Familiar Pura Vida patrons will recognize their signature blue umbrellas, which will veil the new location’s outdoor patio area, offering a comfortable, breezy outdoor dining experience for up to 16 guests. The interior was designed to offer an authentic, harmonic ambiance that exudes a sense of casual comfort and minimalist urbanity. Natural tones and wooden finishes adorn the bright, airy space, which can fit up to 40 people, and will also feature the brand’s beloved custom scent, available for purchase in-store or online, in a candle or room spray version. Additional branded merchandise, home-made granola, and fresh-ground coffee products can also be purchased on-site or by visiting, puravidamiami.com/merch.
“We’re thrilled to tap into this exciting new market and have the opportunity to create something really unique and special for the Bay Harbor Islands area,” said Jennifer Horev, Chief Brand Officer of Pura Vida. “We want to offer a welcoming destination for locals in the neighborhood to have great, healthy and sustainable food for breakfast, brunch, and lunch.”
Pura Vida Bay Harbor is located at 1001 Kane Concourse Bay Harbor Islands, FL 33154. Hours of operation will be Monday - Sunday, 8AM - 4PM. Ample street parking is easily accessible. Delivery and pick-up are available through the Pura Vida Miami app.
Ian Bruce Eichner Launches Sales At 'La Baia' In Bay Harbor Islands
Visionary New York developer Ian Bruce Eichner, who developed the Continuum South Beach, has launched sales at La Baia in Bay Harbor Islands. The boutique bayfront condominium will feature its own private marina. A boutique, eight story structure, La Baia, Bay Harbor Islands will feature 68 luxurious residences with 20-boat slips and more than 30,000 SF of resort-style amenities.
Visionary New York developer Ian Bruce Eichner, who developed the Continuum South Beach, has launched sales at La Baia in Bay Harbor Islands. The boutique bayfront condominium will feature its own private marina. A boutique, eight story structure, La Baia, Bay Harbor Islands will feature 68 luxurious residences with 20-boat slips and more than 30,000 SF of resort-style amenities. A private enclave on the Bay Harbor Islands, La Baia offers world-class waterfront living set against a backdrop of the beautiful Biscayne Bay and Miami’s ever-evolving tower-filled skyline. The project is slated for completion and delivery in November 2023.
“We are delighted to launch sales now - as Bay Harbor’s unique lifestyle is being discovered and in high demand by a new wave of buyers looking to relocate here,” said Eichner, the founder of The Continuum Company, LLC. “Just as Continuum paved the way for South of Fifth to reach its potential, so too will La Baia be transformative for Bay Harbor Islands.”
Eichner has assembled an award-winning team of design talent to bring La Baia, Bay Harbor Islands to life. La Baia is designed by Revuelta Architecture and the rooftop amenity deck and lush greenery was envisioned by world-renowned landscape architect Enzo Enea. Suffolk Construction, one of the nation’s most successful builders spanning over four decades, has been selected as the project’s general contractor.
“The same attributes I recognized in South of Fifth a decade ago draw many parallels to the Bay Harbor Islands today,” Eichner explains.
La Baia is located 9201 East Bay Harbor Drive on one of the last large-scale land parcels remaining on Bay Harbor Islands. Residences are priced from $810,000, sales are being exclusively handled by Pgutman LLC and headed by Phil Gutman.
Residences are sized from one- to four-bedrooms and range between 1,100 SF to 2,500 SF. Each La Baia, Bay Harbor Islands home will be delivered completely finished and ready to be designed, decorated and furnished. Every residence features well-appointed fixtures and finishes curated by New York-based Durukan Design. Ceiling heights range between nine- to 10- feet, there are spacious his-and-her walk-in closets, balconies with glass railings and a pair of secure underground parking spots for each owner.
In the kitchens, custom Italian cabinetry by Snaidero is complemented by Miele appliances, along with quartz stone countertops and Hansgrohe fixtures. Every La Baia, Bay Harbor Islands primary bathroom and powder room features marble flooring and dual rainfall showers.
“La Baia’s waterfront setting offers the optimum active and healthy Miami lifestyle. Now more than ever, families are taking pleasure in a wide range of outdoor activities and experiencing the joys of boating as never before,” said Phil Gutman, President of Pgutman LLC. "Our private marina is a fabulous amenity as is the ability to kayak, paddleboard or swim. It's the essence of a Florida lifestyle.”
The Bay Harbor Islands are private, yet accessible, with scenic walkways, charming neighborhoods and elegant dining and shopping along Kane Concourse that offer world-class sophistication. The Islands’ Broad Bay Harbor K-8 Center is ranked among the best schools in the region, while Miami International Airport is just a short drive away.
Image via We Are Visuals
For more information about La Baia, private showings or purchasing/ leasing information please fill out the form below:
ONE Sotheby's International Realty Acquires The Surfside-Based Harding Realty
ONE Sotheby’s International Realty has acquired the Surfside-based Harding Realty. The acquisition expands the firm’s ability to service the Surfside, Bal Harbour and Bay Harbor Islands market and includes the addition of the company’s iconic office on Harding Avenue.
ONE Sotheby’s International Realty has acquired the Surfside-based Harding Realty, adding the boutique real estate brokerage to its growing team. The acquisition expands the firm’s ability to service the Surfside, Bal Harbour and Bay Harbor Islands market and includes the addition of the company’s iconic office on Harding Avenue in Surfside.
“Harding Realty has been a market leader for over four decades and we are thrilled to welcome their team to our family,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “We look forward to adding value for their agents through the power of the exceptional ONE Sotheby’s brand, our superior marketing tools, and network of top-level professionals who are unmatched in the world of luxury real estate.”
Harding Realty was founded in 1978 by sisters Marta Waserstein and Anita Bigelman. The firm has exclusively represented several of the most recognized developers in the area and sold out buildings including The Majestic, The Palace, The Wave, Bellini, St Tropez and Brickell Ten. With yearly sales in excess of $100 Million, the brokerage’s long-standing success includes record-breaking deals in Golden Beach and Bal Harbour.
“We were approached by multiple big-name brokerages, but it wasn’t until we met with ONE Sotheby’s that we decided this transition was the perfect fit,” said Marta Waserstein, co-founder of Harding Realty. “It was important for us to align with a company that has the same core values and family touch as our office.”
“The ONE Sotheby’s brand recognition and reach across international and domestic markets is unlike any other,” added Harding Realty co-founder Anita Bigelman. “Mayi and Daniel have managed to build a brand with a local footprint as strong as its global presence, and a culture that makes you feel like family—that is extremely rare.”
As part of ONE Sotheby’s International Realty’s aggressive growth strategy aimed at attracting leading industry talent, the brokerage will onboard Harding Realty’s 34 agents to their network of more than 1,000 consummate real estate professionals. The addition of Harding Realty is the firm’s sixth recent acquisition and brings the brokerage’s total number of offices to 21 locations spanning from Miami to Cocoa Village.
Images via ONE Sotheby’s International Realty
Bay Harbor Islands Home Sells For Record $12 Million To Co-Founder of Dreampact Ventures
Real estate records continue to be set all across Miami. The co-founder of venture capital and private equity firm Dreampact Ventures Fued Sadala has acquired 9814 West Broadview Drive in the Bay Harbor Islands for $12 million, a record for a waterfront sale in the neighborhood.
Real estate records continue to be set all across Miami. The co-founder of venture capital and private equity firm Dreampact Ventures Fued Sadala has purchased 9814 West Broadview Drive in the Bay Harbor Islands for $12 million, a record for a waterfront sale in the neighborhood. The transaction was overseen by Devin Kay of Douglas Elliman, who represented the seller, Orsan Properties and had listed the property for $12.5 million. Orsan Properties is led by Matty Oren and Yaniv Sananes who acquired the property in 2018 for $4 million. The previous record for a waterfront sale on the Bay Harbor Islands was held by 9540 West Broadview Drive which sold for $11.5 million in December 2020.
9814 W Broadview Drive offers 8-bedrooms, 9-bathrooms and spans 7,098 SF. The home was built in 2002 and has been fully-renovated with the finest finishes. Inside the residence offers a chef’s kitchen, dining room, home office, and master-suite with a private lounge and double walk-in closets. Outdoors the residence features a pool, spa and new seawall with a 60’ dock.
Images via Douglas Elliman
For more information about homes in the Bay Harbour Islands, private showings or purchasing/ leasing information please fill out the form below:
Two-Story Penthouse At Onda Residences In Bay Harbor Sells For $9.5 Million
A two-story penthouse at Onda, a new boutique luxury condominium planned for Miami’s exclusive Bay Harbor Islands neighborhood, has sold for $9.5 million dollars to a buyer from Louisville, Kentucky. The 8-story development is being developed by a joint venture between CMC Group and Morabito Properties
A two-story penthouse at Onda, a new boutique luxury condominium planned for Miami’s exclusive Bay Harbor Islands neighborhood, has sold for $9.5 million dollars to a buyer from Louisville, Kentucky. The 8-story development, which is being developed by a joint venture between Ugo Colombo’s CMC Group and Valerio Morabito’s Morabito Properties, enjoys an enviable waterfront location with more than 300’ of bay frontage, a private marina, and sweeping views of Biscayne Bay and the Atlantic Ocean. Nearly 40% of Onda’s 41-units have already been pre-sold since launching sales in March, with a majority of buyers hailing from the U.S. Construction is estimated to begin in Fall 2021, with completion slated for 2023.
The expansive penthouse will include a total of 7,199 SF, encompassing 5,073 SF of interior space with 4 bedrooms, 4.5 bathrooms, an office/bonus room, and a wine cellar. The residence will also include an additional 2,126 SF of outdoor space in the form of 9-foot-deep wrap-around terraces and a private rooftop deck complete with its own pool, garden, and summer kitchen.
Melissa Pardo of Fortune Development Sales represented the developers in the transaction, while Fernando Rodriguez Parilli of Fortune International Realty represented the buyer.
“Our vision for Onda was to create a boutique-style building that felt like you were living in a private waterfront home with all the amenities and conveniences of a luxury condominium,” said Valerio Morabito, CEO of Morabito Properties. “Our residences boast oversized floorplans and an abundance of outdoor space. With its own rooftop pool deck and direct water views overlooking Biscayne Bay and the Atlantic Ocean, the sale of our signature penthouse speaks to its unique caliber in the Miami market.”
The news of the penthouse sale comes as a wave of wealthy domestic buyers migrating to South Florida and diminishing single-family home inventory has sparked renewed interest in Miami’s luxury condo market. According to the Miami Association of Realtors, sales of existing condos jumped a whopping 286% in May year-over-year, from 563 to 2,176, driven primarily by U.S. buyers from tax-burdened states. The latest statistics support that fierce competition and ballooning prices for single-family homes are driving buyers towards condominiums instead.
Located just west of the world-class shopping mecca Bal Harbour Shops, Bay Harbor Islands is one of the most sought-after residential neighborhoods in Miami. The exclusive two-island waterfront enclave is situated roughly two miles north of Miami Beach and neighboring Indian Creek Island, a private island famously known as “Billionaire Bunker” for its roster of celebrity residents. Bay Harbor Islands is renowned for its charming small-town community vibe, proximity to Miami’s poshest retailers and restaurants, and stunning waterfront location and views. The walkable family-oriented village also offers an abundance of parks and green space, along with access to one of the best schools in Miami-Dade County.
“Bay Harbor is like an undiscovered jewel in Miami. It’s a little island community that’s in the middle of everything with fantastic water views and just a few steps away from Bal Harbour Shops,” said Ugo Colombo, Founder of CMC Group. “With Onda, we set out to create an ultra-luxurious intimate building with a handful of units and a handful of residents in one of the nicest waterfront communities in South Florida.”
Onda – the Italian word for “wave” – has been architecturally designed by Bernardo Fort-Brescia of Arquitectonica, with interiors imagined by creative design masterminds Carlo and Paolo Colombo of A++ Human Sustainable Architecture, and lush landscaping by award-winning landscape architect Enzo Enea of Enea Garden Design.
Among Onda’s standout features is over 300’ of bay frontage, a private marina for the exclusive use of residents with boat slips, a water sports launch dock with available kayaks, paddle boards and inflatables, and direct ocean access through Miami’s Haulover inlet.
Building amenities and features will include a rooftop pool deck and lounge area; a state-of-the-art fitness center with Technogym equipment, a yoga studio, a spa with massage treatment rooms, changing facilities, and steam bath and sauna rooms. A private marina for the exclusive use of residents with boat slips, a water sports launch dock with available kayaks, paddle boards and inflatables, and direct ocean access through Miami’s Haulover inlet. Onda will also feature personalized services, advanced security and technology along with a front desk reception, covered valet drop-off area, personal parking spaces, electric vehicle charging stations and bicycle storage, and residential storage space. The building will offer an integrated digital concierge along with readily accessible WiFi throughout all public spaces, and FTTH (fiber to the home) technology for voice, video and high-speed internet.
All residences will feature an office/den, private and semi-private high-speed elevators, floor-to-ceiling impact-resistant sliding glass doors and windows, spacious tiled terraces with private gardens, open floor layouts with up to 9-foot grand ceiling heights, fully-accessorized Snaidero kitchens with top-of-the-line Miele appliances, bathrooms with Italian marble and wood cabinetry, exquisite Italian flooring throughout, energy-efficient air conditioning and heating systems with ultra-quiet technology, and air and water filtration systems.
Onda benefits from the track-record and expertise of Ugo Colombo of CMC Group and Valerio Morabito of Morabito Properties, two world-class developers driven by their Italian instincts for quality, style, and craftsmanship. Colombo and Morabito previously partnered in 2016 to lead the development of Beach House 8, a nearby boutique waterfront condo building on Collins Avenue in Miami Beach. Most recently, Colombo and CMC Group delivered Brickell Flatiron, a 64-story luxury tower in Downtown Miami’s Brickell Financial District.
Fortune Development Sales is managing sales and marketing for Onda Residences.
For more information, including preconstruction sales opportunities, please contact Fortune Development Sales at (305) 344-1234 or info@ondaresidences.com and visit the development’s sales gallery at 10301 East Bay Harbor Drive, Bay Harbor Islands, FL 33154.
Learn more at www.ondaresidences.com.
This article was produced as part of a partnership with ONDA Residences.
Onda Residences Luxury Condominium Opens Brand New Waterfront Sales Gallery in Miami’s Bay Harbor Islands
CMC Group and Morabito Properties, the developers behind Miami’s newest luxury condominium development, Onda Residences, have announced the official opening of a new state-of-the-art waterfront sales gallery in Bay Harbor Islands.
CMC Group and Morabito Properties, the developers behind Miami’s newest luxury condominium development, Onda Residences, have announced the official opening of a new state-of-the-art waterfront sales gallery in Bay Harbor Islands. The Onda sales gallery showcases the modern interior elements, quality materials and high-end finishes that emulate the sophisticated look and feel of the 41-unit boutique development imagined by world-renowned Italian designers A++ Sustainable Architecture. Now open to the public at 10301 East Bay Harbor Drive, Onda’s sales gallery is situated directly adjacent to the condominium’s future waterfront site along Biscayne Bay. Construction of Onda is slated to get underway later this year and be completed in 2023.
Fortune Development Sales is managing sales and marketing for Onda Residences, with nearly 40 percent of the development’s units already pre-sold since launching sales in March, with a majority of buyers hailing from the U.S.
Onda’s sales gallery features a scale model of the building, sample renderings and views, as well as a model kitchen, living room and master bathroom. The interior décor, designed by A++ Human Sustainable Architecture, incorporates natural materials and textures amid light wooden floors, stone and marble accents, and mid-century style furnishings – all in tones of white, beige, gray, brown and gold. Lush green foliage and planters are incorporated into every room, with views of the turquoise waters of Biscayne Bay on full display. Outside on the waterfront deck, oversized lounge furniture pieces invite guests to take in the ocean air while emulating the relaxing atmosphere of Onda’s rooftop pool deck.
Onda’s 41 impeccably finished residences include two- to four-bedroom layouts measuring between 1,809 to 3,525 square feet, with four penthouse residences up to 5,073 square feet in size – two of which will include private rooftop pool decks. Prices range from $1.8 million to over $9.5 million.
All residences will feature an office/den, private and semi-private high-speed elevators, floor-to-ceiling impact-resistant sliding glass doors and windows, spacious tiled terraces with private gardens, open floor layouts with up to 9-foot grand ceiling heights, fully-accessorized Snaidero kitchens with top-of-the-line Miele appliances, bathrooms with Italian marble and wood cabinetry, exquisite Italian flooring throughout, energy-efficient air conditioning and heating systems with ultra-quiet technology, and air and water filtration systems.
Located just west of the world-class shopping mecca Bal Harbour Shops, Bay Harbor Islands is one of the most sought-after residential neighborhoods in Miami. The exclusive two-island waterfront enclave is situated roughly two miles north of Miami Beach and neighboring Indian Creek Island, a private island famously known as “Billionaire Bunker” for its roster of celebrity residents. Bay Harbor Islands is renowned for its charming small-town community vibe, proximity to Miami’s poshest retailers and restaurants, and stunning waterfront location and views. The walkable family-oriented village also offers an abundance of parks and green space, along with access to one of the best schools in Miami-Dade County.
Onda – also known as the Italian word for “wave” – has been architecturally designed by Bernardo Fort-Brescia of Arquitectonica, with interiors imagined by creative design masterminds Carlo and Paolo Colombo of A++ Human Sustainable Architecture, and lush landscaping by award-winning landscape architect Enzo Enea of Enea Garden Design.
Among Onda’s standout features is over 300 feet of bay frontage, a private marina for the exclusive use of residents with boat slips, a water sports launch dock with available kayaks, paddle boards and inflatables, and direct ocean access through Miami’s Haulover inlet.
Building amenities and features will include a rooftop pool deck and lounge area; a state-of-the-art fitness center with Technogym equipment, a yoga studio, a spa with massage treatment rooms, changing facilities, and steam bath and sauna rooms. A private marina for the exclusive use of residents with boat slips, a water sports launch dock with available kayaks, paddle boards and inflatables, and direct ocean access through Miami’s Haulover inlet. Onda will also feature personalized services, advanced security and technology along with a front desk reception, covered valet drop-off area, personal parking spaces, electric vehicle charging stations and bicycle storage, and residential storage space. The building will offer an integrated digital concierge along with readily accessible WiFi throughout all public spaces, and FTTH (fiber to the home) technology for voice, video and high-speed internet.
For more information, including preconstruction sales opportunities, please contact Fortune Development Sales at (305) 344-1234 or info@ondaresidences.com and visit the development’s sales gallery at 10301 East Bay Harbor Drive, Bay Harbor Islands, FL 33154.
Learn more at www.ondaresidences.com.
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This article was produced as part of a partnership with ONDA Residences.
Ian Bruce Eichner's Continuum Company Closes On Bay Harbor Waterfront Development Site, Plan September Sales Launch
Ian Bruce Eichner, developer of the Continuum South Beach, an iconic luxury condo tower in Miami Beach’s exclusive South of Fifth neighborhood, is back in South Florida with a new project involving two of the last large-scale vacant land parcels remaining in Bay Harbor Islands, Florida.
Ian Bruce Eichner, developer of the Continuum South Beach, an iconic luxury condo tower in Miami Beach’s exclusive South of Fifth neighborhood, is back in South Florida with a new project involving two of the last large-scale vacant land parcels remaining in Bay Harbor Islands, Florida.
Eichner’s Continuum Company close on two properties located at 9201 East Bay Harbor Drive and 9461 East Bay Harbor Drive for $29,500,000. Phil Gutman oversaw the transaction and will be spearheading sales and marketing efforts for the project. Eichner submitted plans to the city, which are subject to modification, calling for two 7-story condominium towers with a combined 142 units and 34 boat slips.
“We’ve been looking for the right development opportunity to re-enter the Florida market. Bay Harbor is an overlooked neighborhood with many of the same attributes that contributed to the desirability and success of Continuum South Beach,” said Eichner.
Presales are anticipated to launch this September with a planned December groundbreaking. The 23-month construction schedule calls for a November 2023 delivery date. As with the Continuum South Beach, this Bay Harbor project will offer the same high quality deliverables and finishes that have become hallmarks of the Continuum Company.
“Bay Harbor is a phenomenal community. Steps from the beach and walking distance of the Bal Harbor Shops, we envision a development that will offer Bay-front living with boat slips that will allow residents to take full advantage of direct access to Biscayne Bay, the Atlantic and nearby boating destinations like the Bahamas and Florida Keys,” said Eichner.
Fouquet’s Hotel & Residences, Miami Design District has unveiled more than 40,000 square feet of amenities designed by RDAI, the Paris-based studio behind Hermès stores worldwide. The 143-residence development pairs rooftop leisure and wellness spaces with direct access to an 85-key Fouquet’s hotel.