Lavish Coconut Grove Waterfront Estate Casa Bahia Designed by Filmmaker Alejandro Landes Sells For $45.91 Million

Casa Bahia, a hyper-luxurious tropical contemporary located at 3085 Munroe Drive designed by Zyscovich Architects in partnership with filmmaker Alejandro Landes, has sold for $45.91 million in an off-market transaction. The purchase was financed with a $25.3 million mortgage provided by First Republic Bank.

Casa Bahia spans 13,843 SF spread over 7 bedrooms, 8 full-bathrooms and 1 half-bath with interiors designed by Landes’ mother, Catalina Echavarria, of CES Studio. The estate also features a 2 bedroom guest house, theater, custom wine cellar, stunning floor-to-ceiling glass offering panoramic views of Biscayne Bay, rooftop deck, smart home technology, 8 car garage, 4 kitchens, 518' of waterfront with private dock and a 73-foot heated pool.

Casa Bahia first hit the market for $50 million in September 2016. The home won the Architizer Popular Choice A+ Award in the Architcture + Water category.

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Mr. C Residences Coconut Grove Reveals New Renderings Of Meyer Davis-Designed Spaces

Mr. C Residences has revealed new renderings of their residences and amenity spaces designed by Will Meyer and Ignazio Cipriani. The images include a reveal of their newly released combo floorplans which merge the square footage of two units, featuring 5 bedrooms and bathrooms spanning across 6,981 sq. ft. The renderings also give a closer look into the tower’s exterior pool areas and dedicated mind-and-body wellness floors equipped with yoga, sauna, peloton rooms and more.

The project broke ground on July 2020 and is being developed by Terra, led by David Martin, and fourth generation Cipriani brothers, Ignazio and Maggio, Co-Founders of the Mr. C brand. The 20-story tower, located at 2655 S. Bayshore Drive, will mark the first-ever, large-scale residential project for the Mr. C brand, introducing a new level of residential living that will complement Coconut Grove’s appeal as a thriving residential, restaurant, and commercial neighborhood. Sales at Mr. C Residences launched in February 2020 led by Douglas Elliman. Units are priced from the low $600,000’s to over $5 million.

The Arquitectonica-designed luxury, high-rise with interiors designed by international designer Meyer Davis, is comprised of 118 sophisticated residences ranging in size from one to five bedrooms, spanning 650 to 3,645 square feet. Inspired by the Mr. C brand, interiors reflect maritime influences with laminated wood paneling and nautical blues and touches of Miami’s vibrant scene. Residential units feature open floor plans, 11-foot ceilings, floor-to-ceiling windows, private terraces, and custom Italian design influences.

The lifestyle-driven development features an expansive list of amenities including a signature Mr. C Café, specialty gourmet marketplace, wellness lounge and juice bar, private Bellini Bar on the pool deck, in-home delivery from the Mr. C Café, butler service and nautical concierge services. An entire floor is dedicated to body-and-mind wellness spaces, from whole-body fitness zones with personal trainers and specialty classes to a signature spa with treatments rooms, indoor yoga, Peloton studio, steam and sauna rooms, as well as poolside and cabana services. Other highlights include pool bar and event lounge, garden-level lap pool, billiard rooms, library and screening lounge, Little C’s Learning and Adventure Lab, teen game rooms and business lounge with meeting rooms.

Mr. C Residences Coconut Grove is slated for completion in 2022.

For more information about Mr. C Residences Coconut Grove, private showings or purchasing/ leasing information please fill out the form below:

AB Asset Management Acquires Residence Inn Coconut Grove From Hersha Hospitality Trust

AB Asset Management has acquired the Residence Inn Coconut Grove, a three-building, 140-unit hotel at 2835 Tigertail Avenue in Miami’s vibrant Coconut Grove neighborhood. The 2 acre property sold for $31 million, which breaks down to roughly $221,429. The seller was Hersha Hospitality Trust, led by Neil and Jay Shah. The transaction was overseen by Avison Young’s Florida Capital Markets Group led by Avison Young Principals John K. Crotty, CCIM; Michael T. Fay, who is also Managing Director of the firm’s Miami operations; David Duckworth; Vice President Brian C. de la Fé; and Associates Emily Brais and Berkley Bloodworth. AB Asset Management LLC is managed by Getzy Fellig and Sam Zalmanov.

“The Residence Inn received strong interest because of its Coconut Grove location near the newly renovated CocoWalk retail and dining destination, the 750,000-square-foot mixed-use Mayfair in the Grove development, and several other exciting new projects that contribute to the area’s live-work-play appeal,” said Crotty.

Situated at the intersection of Tigertail Avenue and Mary Street, the property sits on over two acres at the entry-point of the Grove’s business district, just a few minutes walking distance from shopping, dining venues, and multiple parks overlooking Biscayne Bay. The neighborhood has proven itself as a destination for high-end condominium use, with recent high-rise developments Park Grove, Grove at Grand Bay, and Mr. C Residences.

Terra And Grass River Property Break Ground On Grove Central In Coconut Grove

Terra and Grass River Property have broken ground and are beginning vertical construction on Grove Central, a new mixed-use multimodal transit hub at the entrance to Miami’s Coconut Grove neighborhood. When complete Grove Central will be 23-story apartment building and home to South Florida’s newest Target and Total Wine stores. Located at the intersection of US-1 and SW 27th Avenue, Grove Central will include about 400 multifamily apartments and workforce housing units alongside a new 898-space public parking garage, 172,000 square feet of lifestyle-oriented retail and an upgraded Metrorail station that integrates directly with The Underline linear park, Miami-Dade’s bus system, and the City of Miami’s popular trolley network.

Grove Central has been designed to create a transit-oriented hub offering a seamless pedestrian experience that encourages Metrorail ridership and urban living. The project is being developed as part of a Miami-Dade County initiative aimed at improving connectivity between residential living, commercial development and mass transit through private development on County-owned land.

Suntex Marina Investors Acquires Prime Marina Miami In Coconut Grove

The Dallas-based Suntex Marina Investors LLC has acquired Prime Marina Miami in Coconut Grove. Terms of the deal were not disclosed but it does include the transfer of a 70-year lease on 111 boat slips which was recently signed by Prime Marina Group. Suntex will change the property’s name back to its original name, Bayshore Landing.

Bayshore Landing features 111 boat slips which can accommodate boats up to 130’ as well as 15,000 square feet of restaurant space and 30,000 square feet of retail space. Current tenants include Monty’s Raw Bar, Sushi Maki and Starbucks. The property is 100% occupied. Bayshore Landing offers pump out and fuel services, 24/7 access, security patrol, lighted parking and a valet service.

"Suntex is actively growing and seeking acquisitions that align with our core objectives to be the premier marina operator in the U.S.," said David Filler, head of Suntex Investments, Florida. "Biscayne Bay and the surrounding neighborhoods like Coconut Grove represent one of the greatest boating communities in the world; we are pleased to add this property to our portfolio."

Suntex’s portfolio includes marinas across Florida including Bahia Mar Marina in Fort Lauderdale and Miami Beach Marina. Suntex also owns marinas in California, Georgia, Iowa, Kentucky, Maryland, New Jersey, Oklahoma, Texas, Tennessee and Virginia.

"Bombastic" Singer Shaggy Buys CocoPlum Home In Miami For $2.15 Million

Orville Richard Burrell, or better known as “Shaggy,” has purchased a $2.15M Miami home. The home is located in Coral Gables within the exclusive enclave community of Cocoplum. Shaggy is the two-time Grammy Winner musician behind “It Wasn’t Me,” “Bombastic” and more.

Shaggy’s new home features 5-bedrooms, 4.5-bathrooms, a 2-car garage, an open air courtyard and formal living room with expansive windows and vaulted ceilings. The master bedroom offers a walk-in closet, luxurious bath and private terrace overlooking the pool. The chefs kitchen is a perfect size for entertaining. The outside features an enchanting pool, landscaped backyard, covered terraces and a covered bar with built in BBQ.

8010 Los Pinos Blvd., Coral Gables was listed by Hilda Jacobson and David Pulley of Douglas Elliman’s Sports & Entertainment Division. Shaggy was represented by Harry Baxter of Fortune International Realty. 

CocoWalk Launches Phased Reopening Just In Time For The Holiday Shopping Season

The highly anticipated phased reopening of CocoWalk in Coconut Grove has officially commenced with the 2020 Holiday shopping season in full swing. Federal Realty Investment Trust, the majority ownership group behind the development, with partners The Comras Company and Grass River Property are excited to announce the lifestyle center has slated new innovative dining experiences and boutiques ready to open for the Holiday season. New openings include: Planta Queen, Free People Movement, Edite Mode, Europann, Mr. 01 Extraordinary Pizza, Sportive, Edward Beiner Eyewear and The School of Rock.  

“Five years ago, we set out to re-energize CocoWalk by attracting a tenant mix better aligned with the community’s needs and interests while creating an authentic destination that would position CocoWalk at the forefront of Miami’s retail evolution,” said Stuart Biel, of Federal Realty Investment Trust. “We look forward to bringing the community together through exceptional experiences and refreshed concepts that are unique to CocoWalk and enjoyed by Miami locals and visitors alike.”

Michael Comras, CEO and President of The Comras Company and board member of the Coconut Grove Business Improvement District (BID) said: “By reintroducing CocoWalk with the types of brands and concepts that the neighborhood identifies with while giving visitors new reasons to rediscover Coconut Grove, we’ve created a destination that suits the daily desires of the area’s residents, office tenants, and locals and ensures CocoWalk reclaims its spot as the number one shopping, dining, and entertainment location in Miami.”  

CocoWalk is four-stories tall and 150,000 sq.ft. of prime retail, dining and entertainment space. The property’s east end also includes Class A office space. Retail lease is managed by Federal Realty Investment Trust and The Comras Company, office lease is managed by Blanca Commercial Real Estate. The phased reopening of CocoWalk is just in time for the Holiday shopping season rush and festivities.

CocoWalk Announces New Fashion-Focused Retailers Ahead of Fall Reopening In Coconut Grove

CocoWalk, one of the most highly anticipated mixed-use projects in Miami, has announced new clothing concepts to join their lineup. The open-air lifestyle center is bringing new tenants and energy to the Coconut Grove neighborhood. It is slated to begin its phased reopening later in the Fall along with new fashion-focused tenants. CocoWalk features 150,000 sq.ft. of prime retail and dining space that is currently 80% leased. New brands include Free People Movement, Europann and Late Night Gypsy.

“Our aim is to return CocoWalk to its former vitality by bringing in carefully curated tenants attuned to the wants and needs of the local community and surrounding neighborhoods,” said Stuart Biel, senior vice president of regional leasing at Federal Realty Investment Trust. “FP Movement, Europann, and Late Night Gypsy are cool and original apparel concepts that will not only enhance the center Grove’s retail offerings but will bring the community together for unique experiences.”

CocoWalk offers new tenants the opportunity to launch new concepts and test the market in prime retail space. Free People Movement is by the Philadephia based boho fashion house Free People. Their new line will offer customers fashionable athletic wear from a brand they already know and love. Europann is a men’s clothing line from Saint-Tropez, introducing the French Riviera style of prints and bold colors to Miami. Late Night Gypsy will offer trend-setting vintage clothing concepts from Los Angeles. Their brands include For Love and Lemons, Lavish Alice, Jen’s Pirate Booty and Band of Gypsies. 

“I’m excited to bring the trendy, street chic style of Los Angeles to the colorful spirit of Miami,” said Allegra Wynne-Kaplan, founder and owner of Late Night Gypsy. “Growing up in Miami, I always loved Coconut Grove’s enchanting vibe and unique energy – and after 15 years in Los Angeles, I’m ready to return to my roots, by opening my first storefront location at CocoWalk in the Grove. The artsy and free-spirited nature of the neighborhood perfectly aligns with Late Night Gypsy’s brand, mission, and image, and I look forward to being part of the Grove community once again.”

The three new retailers will join CocoWalk’s existing list of chic, diverse and international shops and restaurants. The list includes Planta Queen, Sushi Garage, Mister 01 Extraordinary, Botanico Gin & Cookhouse, Salt & Straw, Sweetgreen, Narbona Natural Foods & Farm Market, Bluemercury, Edward Beiner, Edite Mode, Palma de Leon, The Spot Barbershop and The School of Rock. The bespoke lineup of CocoWalk brings a new age of fashion, beauty and lifestyle to Coconut Grove. 

Step Inside The Gallery House, A Modern Art Collector's Masterpiece in Coconut Grove

Dubbed The Gallery House, 30 Bay Heights Drive in Coconut Grove is a modern art collectors dream. The modern masterpiece spans 5,114 SF and the walls are covered in art by famed artists such as Patrick Rubinstein, Charles Fazzino and more.

Built in 2018, The Gallery House is built with some of the strongest construction structural systems used in South Florida. Concrete blocks, columns and tie beams make up the structure of this home to withstand some of the stormiest South Florida days. The floor and roof slabs are poured in place concrete over precast concrete joist. With a summer that lasts all year long, the outdoor area of The Gallery House caters to the South Florida lifestyle with a stunning pool and lounge area.

The artfully conceived home was finished and furnished during a three year process, to strategically combine rare aesthetics, design elements with natural palettes and beautiful grounds to ensure comfort and modern sophistication. The home was built to flawlessly showcase a collection of art through multiple focal points, the first floor is dressed in polished concrete including the breathtaking staircase with a steel finish. The two level, four bedroom and five bath layout also features a media room with an ensuite bath, interiors with dramatic ceiling heights and a rare Roche Bobois collectible sofa in the formal living area.  

30 Bay Heights Drive is currently listed for $5,500,000 with Adriana Pinto Torres and Tracy Ferrer of Douglas Elliman. The home is also offered with the adjacent lot at 26 Bay Heights Drive for an additional $1,500,000, giving the future buyer endless possibilities for more privacy or to expand this dream estate into a larger compound.

Terra Breaks Ground on Mr. C Residences in Coconut Grove

South Florida developer and President of Terra, David Martin, and fourth generation Cipriani brothers, Ignazio and Maggio, Co-Founders of the Mr. C brand, have officially broken ground on Mr. C Residences Coconut Grove. The 20-story tower, located at 2655 S. Bayshore Drive, will mark the first-ever, large-scale residential project for the Mr. C brand, introducing a new level of residential living that will complement Coconut Grove’s appeal as a thriving residential, restaurant, and commercial neighborhood. Sales at Mr. C Residences launched in February 2020 led by Douglas Elliman. Units are priced from the low $600,000’s to over $5 million.

“Mr. C Residences will reflect Terra’s commitment to design excellence and connectivity in one of South Florida’s most walkable neighborhoods, catering to residents who want to live steps away from Biscayne Bay, Coconut Grove’s iconic parks, first-rate schools, and countless shopping, dining and entertainment options,” said developer David Martin, President of Terra.

The Arquitectonica-designed luxury, high-rise with interiors designed by international designer Meyer Davis, is comprised of 118 sophisticated residences ranging in size from one to five bedrooms, spanning 650 to 3,645 square feet. Inspired by the Mr. C brand, interiors reflect maritime influences with laminated wood paneling and nautical blues and touches of Miami’s vibrant scene. Residential units feature open floor plans, 11-foot ceilings, floor-to-ceiling windows, private terraces, and custom Italian design influences. 

“It’s with tremendous pride that we present this building to Coconut Grove alongside Terra,” says Ignazio Cipriani, Co-Founder of Mr. C. “It embodies a contemporary take on the classic European Cipriani experience that’s been perfected over four generations before us and is constantly evolving in response to our everchanging lifestyles.”

The lifestyle-driven development features an expansive list of amenities including a signature Mr. C Café, specialty gourmet marketplace, wellness lounge and juice bar, private Bellini Bar on the pool deck, in-home delivery from the Mr. C Café, butler service and nautical concierge services. An entire floor is dedicated to body-and-mind wellness spaces, from whole-body fitness zones with personal trainers and specialty classes to a signature spa with treatments rooms, indoor yoga, Peloton studio, steam and sauna rooms, as well as poolside and cabana services. Other highlights include pool bar and event lounge, garden-level lap pool, billiard rooms, library and screening lounge, Little C’s Learning and Adventure Lab, teen game rooms and business lounge with meeting rooms. 

Mr. C Residences Coconut Grove is slated for completion in 2022.

For more information about Mr. C Residences Coconut Grove, private showings or purchasing/ leasing information please fill out the form below: