THE CONCOURS CLUB TOPS OUT EVENT CAMPUS AT THE MEMBER-ONLY LUXURY MOTORSPORT RESORT

The Concours Club, the exclusive, members-only motorsport and luxury lifestyle resort within the Miami-Opa Locka Executive Airport, and Coastal Construction, have topped out the highly anticipated Event Campus at The Concours Club with stone and tile installations by Modern Stones. The Event Campus adds another venue to the Club’s array of existing settings and is ideal for private events, corporate team-building, vehicle unveilings, product showcases, testing and performances of all kinds, and much more. 

A traditional topping-out ceremony, celebrating the hard work and dedication of all those involved, was held on Tuesday, November 28, 2023. Attendees included Tom C. Murphy, Co-President of Coastal Construction, Trilogy Real Estate Group project team leaders Albert Acevedo, Senior Project Manager, and Mike Hammon, Executive Vice President of Development.

The event marked a significant milestone in the construction of the stunning 2-story structure located within Miami’s world-class driving circuit and resort. The Concours Club also features a luxurious members lounge & restaurant, private Auto Loft garages, world-class dining experiences, unparalleled events & hospitality, and numerous other amenities. Construction of the 16,792 SF Event Campus began in 2022 and is slated for completion in 2024.

The Event Campus at The Concours Club will be the first and only motorsport-based event campus located within minutes of a major metro area. Conceived by the legendary Italian design house, Pininfarina, the Event Campus will be bifurcated from The Concours Club’s exclusive member-only areas and feature its own separate entrance, paddock, and pit lane.

"Coastal Construction Group and the Murphy Family are honored to have been entrusted with the construction of this highly anticipated project for motorsports enthusiasts," said Tom C Murphy, Co-President of Coastal Construction Group. "We are thrilled to reach this major milestone and take immense pride in being a part of the team that is bringing this vision to life."

Clara Homes Closes On $7.7 Million Residential Site in Miami's Wynwood Neighborhood And Reveals Kobi Karp Designed Renderings

Clara Homes, a Miami-based real estate development firm founded by James Curnin, has closed on a $7.7 million residential development site in Miami’s trendy Wynwood neighborhood. Located at 2601 NW 6th Avenue, the 17,000-square foot site is planned to become a 154-residence luxury rental building designed by architect Kobi Karp. The building will include at least 40% affordable workforce housing as part of the Live Local Act and will rise roughly 200 feet. Jordan Karp of Jordan Karp, LLC. represented Clara Homes in the deal, while the seller, men’s clothing wholesaler Austin Burke, was represented by Jeremy S. Larkin and Joseph R. Gallaher.

“Wynwood is one of the hottest Miami markets to invest in and only continues to increase in value as new cultural, dining and art institutions open in the neighborhood,” said James Curnin, CEO and Founder of Clara Homes. “When presented with the rare opportunity to acquire the land at such an attractive rate, we jumped at the chance to create a new rental experience in this rapidly growing part of town.”

The acquisition closed at $450 per square foot, approximately 40% below other Wynwood land sales, which typically average between $750 to $1,000 per square foot. The site was sold as a cap rate play instead of a redevelopment play, with attractive below-market seller financing at 5% and a sale leaseback for at least a year to a year and a half.

While plans are still in progress for the upcoming project, the luxury rental building is projected to offer a full suite of premium amenities and sophisticated touches, as well as 24-hour doormen, valet service, dedicated ground floor retail space and Miami’s first rooftop padel court, catering to the city’s heightening interest in the rapidly growing global racquet sport. Construction is expected to begin sometime within the next 12-15 months and will take about 18 months to complete.

Clara Homes is also in the process of developing its first multifamily development in South Florida, Clara Bay Harbor, following the firm’s success developing, building, and selling numerous luxury spec homes for above market rate prices. Clara Bay Harbor will be completed in three phases, having begun construction of the first building located at 10281 West Bay Harbor Drive.

The Perigon Reveals First Look At New Renderings of Sprawling Lush Oceanfront Property

The Perigon, an iconic diamond-shaped luxury condominium tower designed by international architecture firm OMA, has revealed a first look at the 2.5 acres of prime oceanfront land at The Perigon in Miami Beach. Never-before-seen renderings perfectly illustrate how the entirety of the ground plane, featuring lush greenery by Gustafson Porter + Bowman, an oceanfront pool and private beach club, has been designed as a private oasis for residents to meander through the nature trails encircling the tower, relax in the sun and enjoy poolside dining services curated by Michelin-starred Chef Shaun Hergatt, and foster an intimate connection to South Florida's balmy environment.

Since vast acreage is a rare standout feature scarcely found in other waterfront high rises, the 73-residence tower was meticulously designed by OMA to appear to "float" above the ground. The resulting first level space augments The Perigon's array of five-star amenities centered around fostering a connection to the balmy environment, which includes a private beach club overlooking the sands below, pristine swimming pools lined with cabanas and expansive gardens encircling the entirety of the property. Gustafson Porter + Bowman, the landscape architecture firm responsible for the Eiffel Tower's green spaces, designed The Perigon's gardens to feature a meandering nature trail, secret alcoves, water features and diverse biomes that include distinct plant families in every corner to facilitate a peaceful, dynamic experience throughout the grounds.

The 17-story building features a bold, terraced design that rises 200 feet above the shoreline and offers 1,250 lineal feet of the tower’s gardens. Conceived as a series of diamond-shaped “towers” rotated to orient and optimizes views from all residences toward the Atlantic Ocean, Biscayne Bay, and the Miami skyline. The design for the interlocking towers will obtain LEED Gold certification when completed.

Nestled along the tranquil stretch of sand between Indian Creek and the Atlantic Ocean at 5333 Collins Avenue, The Perigon is slated for completion in 2026. The tower offers 73 two- to four-bedroom condominiums ranging from 2,100 to 6,700 square feet, with eight private guest suites offered to residents only. Starting at $4.15 million, the residences include the highest quality finishes, direct water views, 10-foot ceiling heights and 10- to 12-foot-deep wraparound balconies. Additional amenities at The Perigon include a private oceanfront restaurant with a five-star chef at the helm, an oceanfront swimming pool with cabanas, a terraced fitness center with water views, as well as a children’s playroom, billiards room, private salon, screening room and more.

The Perigon is a joint venture between Mast Capital, one of South Florida’s most active real estate development and investment firms, and Starwood Capital Group, a leading global private investment firm. Sales and marketing are exclusively managed by Douglas Elliman Development Marketing.

MG Developer Locks Down $11.5 Million Land Acquisition Loan And Reveals Plans For "The George" Luxury Townhomes

MG Developer, a leading real estate development firm led by Alirio Torrealba, has successfully closed a $11.5 million loan for the acquisition of prime land in Coral Gables. This strategic move is a testament to the visionary work of MG Developer which marks a significant milestone, as it sets the stage for the development of 13 more exclusive ultra-luxury townhomes. Named after George Merrick, “The George” will truly be a work of art and will become the crown jewel of the master-planned “Biltmore Square” community. Designed by De La Guardia, whose award-winning designs have received recognition throughout the world, including for MG Developer’s renowned Beatrice Row, also located in the Biltmore Square enclave in 2021.

"We are thrilled to embark on this journey to create 'The George,' a collection of ultra-luxury townhomes that will set a new standard for opulent living in Coral Gables. The support from our financial partners and the Coral Gables community continue to be instrumental in making this vision a reality." Said Alirio Torrealba, CEO of MG Developer.

The 13-townhome enclave will be known as "The George," and is poised to redefine luxury living in Coral Gables. With meticulous attention to detail and a commitment to exceptional design, MG Developer envisions "The George" as a testament to the epitome of sophistication and comfort.

Nestled within the prestigious Biltmore Square community, "The George" is located at 717 Valencia Avenue, and complements and completes the vision of an impeccably planned, upscale residential neighborhood by MG Developer, that is in walking distance to Miracle Mile, Downtown Coral Gables, the Biltmore Hotel, and hundreds of upscale restaurants and boutiques.

Each townhome will feature a sleek aesthetic with top-of-the-line features and finishes, offering residents an unparalleled living experience. Spacious layouts, high-end appliances, and curated interiors are just a glimpse of the lavish lifestyle "The George" will provide.

Anticipated to break ground in the third quarter of 2024, "The George" pays homage to the visionary real estate developer George Merrick. Renowned as the planner and builder of the city of Coral Gables, Florida in the 1920s, George Merrick is celebrated for creating one of the first major planned communities in the United States. MG Developer's decision to name these 13 ultra-luxury townhomes after George Merrick reflects a commitment to honoring his rich history and legacy he left for Coral Gables.

Whitman Family Development Reveals Mixed-Use Luxury / Workforce Housing Development Within Bal Harbour Shops Complex

Whitman Family Development, the family-owned company that pioneered the concept of an open-air retail destination with the creation of Bal Harbour Shops, has submitted plans for a mixed-use development that will further enhance the 18-acre property with the addition of attainable and market-rate residences and a boutique hotel in the heart of the commercial district of the Village of Bal Harbour, Florida.

Serving as the Village’s commercial centerpiece, the premier upscale shopping destination Bal Harbour Shops comprises over 100 shops, restaurants and entertainment serving locals and visitors. Plans for the mixed-use development encompass 600 high-end residential units, 40% of which are slated for workforce housing and 60% of which are to be luxury housing, a 70-room upscale hotel and 45,700 square feet of additional retail space.

The new development is made possible by Florida’s Live Local Act, a bipartisan bill passed by the Florida legislature last year in response to the critical need for affordable and attainable housing statewide. The legislation enables developers to build more density and reach building heights within the scale of the surrounding area, so long as they commit to including attainable housing units. The law requires that local municipalities approve mixed-use residential projects in any area zoned commercial through an administrative review process, allowing developers to accelerate their timelines. In exchange, property owners must commit to designating at least 40 percent of all residential units as attainable or affordable housing for at least 30 years.

“South Florida’s economic future relies on creating more sustainable housing options. As a firm with deep Miami roots that span generations, Whitman Family Development is addressing this reality by making a significant investment in the greatest area of need in our community: access to attainable housing,” said Matthew Whitman Lazenby, President and Chief Executive Officer of Whitman Family Development. “By adding workforce and market-rate housing catering to service and hospitality workers, teachers, first responders, and other workers who are the backbone and lifeblood of our community and who are currently priced out of the market, Bal Harbour Shops will diversify the area’s housing market so that people who work in this Village can actually live here.”

Whitman Family Development has already filed plans for the mixed-use development with the Village of Bal Harbour. Once building permits are issued, the multi-phase project will begin with the development of an attainable housing tower on the property’s southwest corner, followed by luxury residential units, and the boutique hotel. The residential components, which will reflect the premium design, finishes and features that characterize the luxury brand, will feature lifestyle-driven amenities including elevated swimming pool decks, resident lounges and entertainment areas, modern fitness centers, outdoor recreational areas, and more.

The development’s planned residential component will help meet growing demand for quality and more accessible housing in the region. Today, half of Miami-Dade’s 936,351 households spend more than 30% of their income on housing costs, according to the 2023 Housing Needs Assessment report by the University of Florida and Miami Homes for All. This, while real estate experts recommend that renters and homeowners spend 30% or below on their housing expenses. Bal Harbour’s premium housing market, where the average home is valued at $1.7 million, currently prices out the community’s workforce as the median price for rental listings is about $7,000 a month, according to Realtor.com.

“The addition of a residential component at Bal Harbour Shops will enable a cross-section of residents to reside closer to their place of work,” Mr. Whitman Lazenby added. “The infill development will reduce commute times and gridlock, while improving quality of life for hundreds of people currently commuting into the Village of Bal Harbour and nearby enclaves each day.”

Under Bal Harbour Shops’ development plans, the new towers will rise to approximately 275 feet, consistent with immediately adjacent buildings in the Village, including the St. Regis Bal Harbour Resort directly across the street. The design prioritizes pedestrian access and street-level activations, with new entry points that will foster connectivity within the development and the surrounding neighborhood. New tax revenue generated by this development will help the Village of Bal Harbour enhance public safety and prioritize infrastructure improvements, alleviating a cost burden that would otherwise be placed on residents.

Whitman Family Development has been a mainstay in South Florida’s real estate landscape for the past 60 years. The fourth generation, family-owned firm unveiled the Bal Harbour Shops in 1965 and has continually invested in the property with an eye toward the future of the Village of Bal Harbour, one of the region’s most desirable places to live and visit. The open-air, luxury retail center, which is home to renowned brands such as Chanel, Gucci, Tiffany & Co. and Valentino, is currently undergoing a $550 million retail expansion that will add about 250,000 square feet, nearly doubling the center’s current retail space. The retail expansion will accommodate the addition of 35 new upscale stores and restaurants, which will solidify Bal Harbour Shops position as one of the world’s most popular destinations for luxury shopping, hospitality, and dining.

Terra and Grass River Property Complete Grove Central Transit Oriented Mixed-Use At Gateway to Coconut Grove

Terra and Grass River Property, two of the deepest-rooted development firms in Miami’s Coconut Grove neighborhood, have completed construction of a new mixed-use multimodal complex that exemplifies smart development in South Florida. Grove Central, located at the intersection of US-1 and SW 27th Avenue, includes a 23-story residential tower with 402 multifamily, workforce and co-living units, a new 1,250-space public parking garage, and approximately 170,000 square feet of neighborhood retail. Retail anchors include Target, Sprouts Farmers Market, Total Wine & More, Five Below and Club Studio. The transit-oriented development connects to the adjacent Coconut Grove Metrorail Station and 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 was 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.

The development, which marks the second successful public-private partnership project to deliver under Miami-Dade County Mayor Daniella Levine Cava’s tenure, represents a significant economic impact for the community generating more than 1,600 construction jobs, nearly 500 permanent full-time and part-time positions, tens of millions of dollars in lease revenue to the County, and the collection of property tax revenues for the first time in the site’s history.

“Grove Central is an exciting milestone and a shining example of a what mixed use transit-oriented development can do for a growing community like Miami-Dade,” said Miami-Dade County Mayor Daniella Levine Cava. “Projects like this are the future of Miami-Dade, and a key part of making our community more livable and walkable.”

The development’s retail component is opening in phases, with an exciting roster of tenants including anchors Target, Sprouts Farmers Market, Club Studio, Total Wine & More, and Five Below. Additional retailers expected to open over the next year include Black Sheep Coffee, Mattress Firm, Chipotle, T-Mobile, Panda Express, Woof Gang Bakery and Pacific Dental.

Meanwhile, Grove Central’s residential tower is now open for occupancy as leasing gets underway and renters officially begin to move into the building. The development’s 402 multifamily apartments range from 400-square-foot studios to expansive five-bedroom apartments measuring up to 2,170 square feet in size. Rental rates range from approximately $2,000 to $3,350 per month.

“Grove Central is a premier location for a transit-oriented community, and a model for the future of smart development and mobility across South Florida,” said David Martin, CEO of Terra. “The development’s carefully curated list of retailers complements the needs of residents and the surrounding community, as well as the neighborhoods along the Metrorail from Downtown Miami to Coral Gables and beyond.”

“Grove Central is a preeminent example of a multimodal transit-oriented development that combines daily-service retail space and Class A attainable housing product that amenitizes the Metrorail and Underline while promoting ridership and alternative modes of transportation for residents and locals,” said Peter LaPointe, President of Grass River Property. “We are grateful to have partnered with Miami-Dade County on this transformative development, which serves as a model for what is possible when the public and private sectors come together.”

Grove Central was designed by Touzet Studio, a Miami-based design firm led by Carlos and Jackie Touzet, in collaboration with architecture firm RSP Architects and Walter Meyer of New York’s Local Office Landscape Architecture (LOLA). The focal point of the development is a tree-lined public plaza connecting the project and improving pedestrian flow to and from the revamped Metrorail station and the adjacent Underline, a 13-mile linear park running from South Miami-Dade to Downtown Miami. Water resilient plantings designed as rain gardens are used to absorb storm water, and a large cistern captures roof runoff for reuse. With Florida Green Building Certification, Grove Central also embraces and exceeds the City of Miami’s sustainability, efficiency, and green building requirements.

Apartments at Grove Central boast plank flooring, contemporary finishes and fixtures, modern Italian kitchen cabinetry, smart energy efficient stainless-steel appliances, full-size washers and dryers, in-unit high-speed WiFi technology, spacious living and dining rooms, walk-in closets, en-suite bathrooms, and floor-to-ceiling windows and balconies with views of Coconut Grove, Biscayne Bay, and the Downtown Miami skyline.

Extensive building amenities include a resort-style rooftop pool deck, a grilling terrace overlooking Biscayne Bay, a party room with a karaoke lounge, a double level fitness center with a dedicated yoga studio, a resident herb garden, and a co-working center with private conference facilities. Additionally, residents can enjoy a pub room with billiards table and ice box pantries, a coffee bar, an arcade and game room, a golf simulator, and a theater room with plush tiered seating. A dedicated residents-only entrance leads to a private double-height lobby and staffed reception desk, with 24-hour security. Technology features include smart-lock entry points with mobile app functionality, electric vehicle charging stations, and high-speed mesh networked WiFi.

Located at the entrance to one of Miami’s most popular neighborhoods, Coconut Grove has long been known for its enviable waterfront along Biscayne Bay and the lush tree canopy. In addition to the building’s many on-site amenities, Grove Central residents are an easy bike-ride or walk from dozens of parks, art galleries, trendy shops, restaurants, bars and nightlife options in and around Coconut Grove.

Images via Terra

The First Duplex Penthouse At The St. Regis Residences, Miami Hits Market For $45 Million

The first of two upper penthouse residences at St. Regis Residences, Miami has hit the market for $45 million. The duplex penthouse features over 10,000 square feet of living space with a 2,842-square-foot indoor/outdoor private roof deck complete with a pool, spa, summer kitchen and incomparable views of Biscayne Bay and Brickell. Envisioned as the enclave’s definitive luxury address, the project is being developed by Related Group and Integra Investments with architecture by the esteemed Robert A.M. Stern Architects (RAMSA) and interiors by the highly acclaimed Rockwell Group.

The striking property marks the first residential development in South Florida for RAMSA, who drew inspiration from the elegant aesthetic of golden-age ocean liners at sea, merged with the modern allure of skyscrapers. The 50-story tower will feature 152 condominium homes ranging from two to six bedrooms, including the penthouses, sky villas, and two stand-alone garden villas, creating a once-in-a-generation building that offers a bespoke experience synonymous with the St. Regis brand’s unmatched, historic five-star services.

“In terms of exclusivity and service, the St. Regis name stands unparalleled among hospitality brands. To the myriad of St. Regis loyalists worldwide, the brand represents the places where families and friends come together to create a lifetime of unforgettable moments,” says Nick Pérez, President of Related’s Condominium Division. “The penthouse debut at the St. Regis Residences, Miami signifies a defining moment for both the development and the neighborhood, introducing an elevated level of luxury unmatched by any other residence in Brickell, while upholding the esteemed standards set by one of the most iconic names in hospitality."

The two upper penthouse residences encompass floors 48-50 and include five bedrooms and seven baths, accentuated by outdoor terraces on each floor and the dramatic private rooftop above. The penthouse interiors, envisioned by Rockwell Group, blend the opulence of the visionary Brickell and Astor families with Miami’s relaxed coastal ambiance, creating a truly exceptional living environment. The primary bedroom suite features a midnight bar, two bathrooms, a sitting room, split stone top vanities with Dornbracht fixtures, oversized natural stone showers and a freestanding bathtub, as well as spacious separate walk-in closets. The gourmet kitchen includes custom Italian cabinetry designed by Rockwell Group.

As part of the collection’s offerings, penthouse residents can anticipate an unmatched living experience, complete with a private internal elevator and entry foyer on the penthouse levels, 11’6” ceilings in living areas, and custom European stone flooring throughout each home.

In keeping with the St. Regis brand’s uncompromising commitment to excellence, residents will experience one of the most robust amenity packages on the market, with more than 50,000 square feet of indoor and outdoor spaces, including a professional-grade fitness center with a pilates and yoga studio; a full-size pickleball court; a private marina; a world-class spa and holistic wellness center and an indoor lap pool. Signature butler services complete the lifestyle experience, including deliveries to residences, an on-premises house car, shoeshine service and other personal arrangements. Park-like grounds surround the building with lush landscaping designed by the acclaimed Swiss design firm, Enea Garden Design.

The tower also offers some of the best dining options in Brickell, including the iconic St. Regis Tea Room and a residents-only, fine-dining restaurant by Michelin-starred chef Fabio Trabocchi. With an internationally acclaimed chef and restaurateur at the helm, The Residences brings an entirely new meaning to the phrase “dining in.”

ONE Sotheby’s International Realty is the exclusive sales and marketing partner for The Residences.

Renderings via Binyan Studios

Related Companies Reveals Teaser For Shorecrest Condos on North Flagler Drive in West Palm Beach

Related Companies has unveiled a first look at Shorecrest, a luxury waterfront condo building along the Intracoastal Waterway on West Palm Beach’s North Flagler Drive. Related Companies revealed a first rendering as well as a teaser site for the project where marketing and sales will be handled exclusively by Corcoran Sunshine Marketing Group. Sales are set to launch in early 2024.

Shorecrest is designed by Roger Ferris + Partners and will feature an intricate mosaic design as well as world class amenities. The project feature 140 residences ranging from one-to-four bedroom floor plans with prices starting at approximately $1.5 million.

CMC Group Locks Down $239 Million Construction Loan for Vita at Grove Isle in Coconut Grove

CMG Group, led by Ugo Colombo, has locked down a $239 million construction loan for Vita at Grove Isle, an ultra-luxe boutique condominium under construction on the exclusive private island of Grove Isle situated just offshore of Miami’s Coconut Grove neighborhood. The financing was provided by Bank OZK to fund the ongoing development of the seven-story condominium, which will encompass 65 waterfront residences showcasing unobstructed panoramic bay views, exquisite detailing, and the highest quality materials and craftsmanship. Following its groundbreaking in April 2023, vertical construction of Vita at Grove Isle is already well underway, with completion on track for late 2025.

Buyers are responding to Vita at Grove Isle’s brand of intelligent and quiet luxury, with more than 70% of the development’s residences already pre-sold to residents hailing primarily from the United States. Vita’s prime private-island waterfront location in one of Miami’s most desirable neighborhoods, combined with CMC Group’s stellar track-record of delivering sold-out high-quality construction, neighborhood defining condominium communities, created a powerful combination that put the developer in position to secure favorable financing.

Vita at Grove Isle will include three-, four-, and four-plus-den-bedroom condominiums, with a collection of twelve exclusive penthouses boasting private rooftop pools measuring up to 6,600 square feet in size. Residences start at $5.7 million, with penthouses priced from $19.5 million.

“Over the years, our team at CMC Group has made a habit of developing at our own pace – one or two buildings at a time – a strategy that is very much by design. We are globally recognized for the painstaking level of planning and quality execution that goes into each of our developments, and we are continuing that tradition with Vita at Grove Isle, where no detail has been overlooked,” said developer Ugo Colombo, Founder of CMC Group. “We’ve been pleased with our long-standing relationship with Bank OZK and look forward to working with them again in our future development endeavors.”

Ugo Colombo’s commitment to timeless style, breathtaking luxury and meticulous detail has been a constant in the sea of change that has come to define Miami real estate over the past three decades. In 1993, the Italian developer’s CMC Group began building Bristol Tower, the condo that ignited the luxury residential boom in Miami. Bristol Tower’s success was followed by the launch of Santa Maria in 1996, the 52-story tower whose ‘mansions in the sky’ reshaped the Brickell skyline and put the district on the map as one of the world’s top-tier luxury markets.

Since then, the firm has focused on developing only a handful of condominium developments – Porto Vita, Grovenor House, EPIC Hotel & Residences and Brickell Flatiron – all of which enhanced their respective communities and retained value by competing with pricing of new product on the market today. The firm is currently building another luxury boutique condominium in partnership with Morabito Properties, Onda Residences in Miami’s Bay Harbor Islands, which is expected to be completed in early 2024.

For the design of Vita at Grove Isle, Ugo Colombo has partnered with global architecture and design firm CallisonRTKL, local architectural firm S & E Architects, and Italian designers Carlo and Paolo Colombo of A++ Architecture to create one-of-a-kind interior and amenity spaces. Composed to showcase a single architectural structure, the three buildings – Mare, Luce, and Sole – will offer a boutique living experience enveloped by lush, native landscaping. The building’s design mirrors its unique Grove Isle location, inspired by the natural contours of the island in its elegant, curved shape while maximizing views of the sparkling Biscayne Bay.

Resident amenities at Vita at Grove Isle will include a private bayfront pool, poolside bar and lounge, a state-of-the-art fitness center and spa, a children’s playground, and a membership to the “Vita at Grove Isle Club,” which offers a Club pool and adjacent bar, and additional amenities including night-lit tennis, padel ball and pickleball courts. Residents and their guests will also have access to a gourmet restaurant and bar serving lunch, dinner, and cocktails, which will also be open to the public, as well as access to the island’s private marina.

The level of planning that has gone into Vita at Grove Isle’s location and amenities is matched only by the detail paid to its design. Every residence will include private elevators with a private foyer; contemporary Italian-designed open concept kitchens with concealed top-of-the-line appliances; elegant bathrooms with custom Italian cabinetry, European designer fixtures, hand-selected book matched marble, and masterfully crafted Italian stonework; at least 10-foot-high ceilings; pre-installed smart home technology including lighting, climate control and water/air filtration systems; high-performance interior wall soundproofing for ultimate relaxation and privacy; and large 13-foot-deep waterfront terraces – and up to 6,000 square feet of private rooftop space in penthouses – allowing for year-round outdoor dining, lounging and entertaining.

Grove Isle is one of the most exclusive residential locations in Miami. Spanning 20-acres, the gated private island in Coconut Grove is just minutes away from mainland Miami via the scenic Grove Isle Drive bridge. The secluded community is highly prized by residents as a peaceful haven with panoramic bay views. The island is in close proximity to Miami’s best shopping, most elite schools, chef-driven restaurants, and entertainment destinations in areas such as Brickell, Miami Beach, and Coral Gables and has been described as one of the most affluent neighborhoods in the United States.

Images via CMC Group

First Luxury Single-Family Residences at SeaGlass Cove in The Florida Keys Set To Be Delivered in March

The first luxury single-family residences at SeaGlass Cove in the Florida Keys are set to be delivered in March 2024. SeaGlass Cove is a new, luxurious island enclave consisting of just 14 single-family homes in Marathon, Fla., in the heart of the Florida Keys. Located at 59720 Overseas Highway in Grassy Key, the project is being developed by Constellation Group, a Miami-based commercial real estate investment and development firm, and Ironwood Venture Group, a Florida-based private equity and full-service real estate development company focused primarily on the Florida Keys. Banesco USA provided the $17 million construction loan to build SeaGlass Cove Residences in early 2023 and the project was over 40% sold at the time of groundbreaking.

“SeaGlass Cove introduces a new dimension in waterfront living in one of Florida’s most sought-after destinations,” said Eduardo Otaola, Principal at Constellation Group. “The initial success of the sales process is a true testament to the demand buyers have for the Florida Keys and our well-conceived private enclave focused on barefoot luxury.”

Nestled amongst colorful coves and turquoise waters in a private gated community, SeaGlass Cove features three-story homes comprised of 4,800+ square feet of living and entertainment space that offer stunning views of the Atlantic Ocean. Residences will feature a two-car garage, chef’s kitchen, and spa baths that will be luxuriously appointed with MiaCucina finishes and Wolf/Subzero appliances (or Stone International finishes and KitchenAid appliances). Additional highlights include a private covered cabana and an optional summer kitchen replete with beach access.

The oceanfront enclave features a myriad of resort-style amenities, including a pool overlooking the ocean, an on-site pickleball court, and activities that include paddleboarding, swimming, fishing, snorkeling, biking, and much more. SeaGlass Cove is minutes from fine dining, shopping, spas, marinas, and much more.

Sea Glass Cove is 20 minutes South of Islamorada, is in close proximity to the Florida Keys/Marathon International Airport, and offers convenient access to Overseas Highway, which spans the entire chain of the Keys, and over the Atlantic Ocean, Florida Bay, and the Gulf of Mexico.