Image via LPG/ The Inside Network/ Alyssa Jansheski
Miami Beach’s exclusive Star Island has emerged as the leader among the most expensive neighborhoods in the United States, leading Port Royal in Naples, FL and Beverly Hill’s Beverly Hills Gateway and Trousdale Estates, according to sales data from Zillow Group Inc. The average home sale on the ritzy island in 2022 traded for $40.2 million, up $16.7 million and 71% from 2019 when the average home sale on the island was $23.5 million.
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Palm Beach’s infamous 10 Tarpon Isle, the only opportunity to live on your own private island in Palm Beach, has been completed and is on the market for $218 million. The once in a lifetime legacy estate was developed by South Florida’s leading ultra-luxury spec home developer Todd Michael Glaser and is listed with Christian Angle of Christian Angle Real Estate and Chris Leavitt of Douglas Elliman.
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Bentley Residences, the first-ever Bentley-branded residential tower in the world, will partner with four-time James Beard award-winning celebrity chef Todd English to curate the menu and experience for the project’s private restaurant concept which will only be open to residents of the ultra-luxury condo tower. Chef Todd English is a highly recognized restaurateur, author and television personality best known for his current restaurants.
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Ugo Colombo’s CMC Group and Valerio Morabito’s Morabito Properties have topped off Onda Residences at 8 stories in Miami’s exclusive Bay Harbor Islands community. The bayfront Onda Residences is a 41-unit boutique luxury condominium project being developed along Biscayne Bay at 1135 103rd Street. 85% of its units are already sold ahead of its completion which is slated for later this year.
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Pacific & Orient Properties, LLC has revealed and broken ground on the limited edition Japanese-inspired 7918 West Drive, the first luxury waterfront condominium to break ground in North Bay Village in over a decade. Located at 7918 West Drive, the 21-story, 54-residence elegant waterfront condominium development is both uniquely designed and technologically advanced.
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A recently completed tropical modern spec-mansion on Miami Beach’s exclusive Palm Island has sold for a record $32 million, ringing in as the most expensive sale ever on the island. The buyer was represented by David Pullman with The Waterfront Team at ONE Sotheby's International Realty, while the seller was represented by Lourdes Alatriste with Douglas Elliman.
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A beautifully renovated turnkey family home on a quiet cul-de-sac street in the exclusive, gated Point Manalapan has hit the market for $7.995 million. Point Manalapan is a luxurious, secluded community just minutes from Palm Beach nestled between the Atlantic Ocean and Intracoastal Waterway. Located at 105 Churchill Way, the coastal contemporary home recently underwent a full renovation creating an idyllic luxury residence.
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A residence at The Bristol in West Palm Beach has just closed for $21 million, double what it previously traded for in 2019 and the highest price ever paid for a single unit at the coveted residential building. Per public record, Samantha Curry with Douglas Elliman, who has sold close to $400 million at The Bristol, represented the seller. Steve Hall with Compass represented the buyer.
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On the heels of revealing the distinguished interiors by 1508 London, Cipriani Residences Miami, the brand’s first-ever ground-up residences in the nation, has officially opened its sales gallery in Brickell. This milestone will continue to showcase the effortless style, world-class service, and sense of history and tradition of the Cipriani brand and the strength of the vision conceived by the project’s developer, Mast Capital.
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JMH Development, a full-service development firm, has launched sales for Twenty-Nine Indian Creek, a landmark residential project redefining luxury living in one of Miami Beach’s most sought-after neighborhoods. Set to rise at the nexus of Indian Creek Drive and Collins Avenue in the heart of the thriving Faena District, the boutique collection of only 11 private residences are meticulously crafted to deliver a bespoke lifestyle.
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