A joint venture between Miami-based development company Prosper Group, led by CEO Jay Roberts, and Belgium’s Versluys Group, one of Europe’s leading luxury property developers, led by CEO Bart Versluys, have closed on a three-parcel assemblage for $50 million. Miami-based Vaster provided a $30.5 million acquisition loan.
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Developers of The St. Regis Residences, Sunny Isles Beach, Miami, Complete Landmark Foundation Pour As South Tower Prepares To Go Vertical
Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, have reached a significant construction milestone with the South Tower’s mat foundation pour, advancing the ultra-luxury oceanfront development at 18801 Collins Avenue into its next phase.
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The St. Regis Residences, Miami Passes 80% Sold As Penthouse Goes Under Contract For $47 Million
A penthouse at The St. Regis Residences, Miami is under contract for $47 million, marking one of the largest and highest-priced condominium transactions in Brickell's history and highlighting continued demand for ultra-luxury residences in Miami's urban core. The buyer, a New York family relocating to South Florida, has placed the two-story Charles Penthouse under contract at the waterfront development in South Brickell.
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Development Spotlight: Colette Residences
Situated between Brickell's vibrant financial district and the tree-lined streets of Coconut Grove, the South Brickell neighborhood has become one of the city's most desirable addresses for buyers seeking a more intimate luxury living experience while remaining connected to the energy of Miami's urban core.
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Wellness and Longevity-Inspired Crown Jewel Penthouse at Rivage Bal Harbour Revealed For $75 Million
A new, and final, oceanfront estate-style penthouse is up for grabs for $75 million at Rivage Bal Harbour, a 25-story, 56-residence tower developed by Related Group, Rockpoint, and Two Roads Development. A standout feature is its dedicated "Longevity Suite"— an in-home wellness wing anchored by an “Ammortal Chamber” and hyperbaric chamber, alongside a sauna, steam room, circadian lighting throughout the residence, advanced air and water purification systems, sleep-optimized bedrooms and more.
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Allen Morris Company Completes Demolition at Ziggurat Coconut Grove, Site Cleared Paving Way To Start of Construction
Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has completed demolition at the future site of the nearly sold-out Ziggurat Coconut Grove, paving the way for the start of site work and vertical construction. Developed in partnership with the Espinosa family, Ziggurat Coconut Grove is a highly anticipated mixed-use development offering world-class office, residential and retail while honoring the neighborhood’s character.
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Mast Capital And Koch Real Estate Investments Acquire The Islands of Islamorada Resort In The Florida Keys, Set To Launch Sales of Private Waterfront Villas
Mast Capital, in partnership with Koch Real Estate Investments, has acquired The Islands of Islamorada Resort, a luxury resort in Islamorada, Florida, offering convenient access to the Florida Keys’ renowned boating, fishing, dining and outdoor recreation destinations.
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Witkoff Secures $302.6 Million Construction Loan for First Phase of Kobi Karp-Designed Residential Development in Miami Worldcenter
Another major residential development is moving closer to construction in Downtown Miami after Witkoff, in partnership with Monroe Capital, secured a $302.6 million construction loan for the first phase of its planned three-tower community at 700 North Miami Avenue in Miami Worldcenter.
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Waterfront Estate In Bal Harbour Trades For $43 Million In Off-Market Transaction
A waterfront estate in Bal Harbour has traded for $42,973,750 in an off-market transaction, marking a record for the priciest sale in Bal Harbour this year. Located at 56 Bal Bay Drive, the newly completed waterfront estate offers 7 bedrooms, 8 full baths and one-half bath across 10,801 square feet of interiors on a sprawling 21,225 SF lot with 100 feet of prime water frontage.
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Kobi Karp-Designed The Cove Residences, A Waterfront Collection, To Offer In-Home Concierge Medical Care to Residents
The Cove Residences, the 40-story boutique waterfront condominium rising in Miami’s Edgewater neighborhood, has announced a partnership with Healthcare on Demand, a premium healthcare concierge program designed to bring personalized medical care directly into residents’ homes. The new white-glove offering provides physician house calls, diagnostics and testing, recovery treatments and prescription delivery seven days a week.
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