6530 Allison Island
Douglas Elliman in conjunction with Miller Samuel, a leading independent appraisal firm, has just released its May 2020 New Signed Contracts Report, which reveals that the number of newly signed contracts across property types in Florida was at a high last month, despite there being lower levels of new listing inventory coming online.
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Shay Kostiner, managing director of Fifth Avenue Capital Partners, has sold his vacant lot at 44 Star Island for $10 million to Hartstone Investments. Techrin Hijazi of Brown Harris Stevens, who had previously co-listed the property, represented the buyer and seller in the transaction.
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Baxter
The Ritz-Carlton Residences, Miami Beach, has revealed a selection of Italian designer move-in ready units by Flexform, B&B Italia and Baxter. The luxury condo building was completed in February 2020 and was designed by renown Italian architect Piero Lissoni as his first full-scale project in the U.S.
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This Delray Beach estate has it all including its own hair salon, a 250,000 gallon salt water pool inspired by the Wynn Las Veags, a club room with a bar, card table and billiards table; a cigar room; a cinema-style theater room, and even a two-lane bowling alley in the massive children’s lounge.
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CMC Group’s newly completed Brickell Flatiron condominium in Downtown Miami’s Brickell Financial District has successfully closed on four upper penthouse residences totaling $31.6 million in finalized sales over the last 90 days.
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One Thousand Museum, the luxury residential condominium by the London-based Zaha Hadid Architects, sold two new units this past week. The 62-story, 84-floor unit tower opened in August 2019 and has since then attracted many buyers, among which are David and Victoria Beckham, who closed on a $19.8 million full-floor penthouse back in late March.
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Aston Martin Residences registered a record number of sales for the first half of May, demonstrating a positive resurgence and renewed confidence in the South Florida real estate market. Since the beginning of May, the in-house sales team has sold four residences totaling $8.75 million.
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Miami Beach’s 57 Ocean, a luxury seaside condominium located on Millionaire’s Row and developed by Multiplan Real Estate Asset Management, has announced that it has obtained a $58.5 million construction loan from Bank OZK, arranged by JLL Capital Markets.
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Instagram dance celebrity Gianluca Vacchi has listed his Sunset Harbour penthouse in Miami Beach. From a successful multimillion dollar packaging and machinery company to an Instagram sensation with over 14 million followers going by the title of being a “Pop Artist of a Global Lifestyle.”
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Fortune International Group and Château Group, joint developers of The Ritz-Carlton Residences, Sunny Isles Beach, have paid off a $212 million construction loan on the newly opened condominium tower. The developers received the loan from Bank OZK in September 2016.
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