The Ritz-Carlton Residences, Naples Reaches 50% Pre-Construction Sell-Out With $250 Million in Sales in 90 Days

The Ritz-Carlton Residences, Naples, one of the most widely-anticipated signature enclave to be unveiled along Florida’s Gulf Coast, is now 50% sold with half of the project’s residences now under contract, realized in about three months since the official January 2023 launch. The Ritz-Carlton Residences, Naples is being developed by Naples-based STOCK Residences, the luxury condominium division of STOCK Development.

In total, the development comprises just 128 homes and penthouses, spread throughout five boutique buildings, giving the lush, six-acre property an inimitable abundance of privacy, space, and exclusivity. The initial release consisted of 108 dwellings within the project’s Bay and Tower properties.

Pre-construction sales at The Residences, which currently exceed $250 million, have outpaced the surrounding area’s ultra-luxury condominium market. The nationally recognized, award-winning STOCK attributes the unprecedented demand to the boutique-style community’s idyllic waterfront setting and adjacency to Vanderbilt Beach, bespoke concierge services and 50,000+ square feet of state-of-the-art amenities managed by The Ritz-Carlton, private full-service marina and amenity-rich park, and generously sized designer homes.

“To reach the 50% sold milestone in a matter of three months speaks volumes about this development and the confidence our Owners have in our product and the matchless excellence of The Ritz-Carlton,” said Brian Stock, CEO of STOCK Development. “This is brand-new construction in one of Naples’ most sought-after waterfront locations -- a neighborhood where there is virtually no opportunity to buy new or even build new. In addition to these estate-like homes and high-end amenities, which are hallmarks of STOCK’s 20+ years of industry success, our buyers, who span the globe, know that a myriad of high-touch comforts and conveniences will be at their beck-and-call.”

Well-sited at the intersection of Vanderbilt Beach Road and Gulf Shore Drive, The Residences are flanked by Vanderbilt Beach and the Gulf of Mexico to the west and Vanderbilt Lagoon to the north, offering Owners direct access to unparalleled waterfront amenities and services. Highlights in each of the homes and penthouses, which currently start at $3.7 million, include expansive terraces, contemporary European-style kitchens and baths, Cambria quartz countertops, 10 to 12-foot ceilings, Wolf and Sub-Zero appliances, porcelain and wood floors, and private elevator entrances.

The Residences’ architecture and designs have been uniquely inspired by the unspoiled beauty that surrounds them.  Under STOCK’s direction, a trio of visionaries has crafted the haven-like retreat: Curts Gaines Hall Jones (CGHJ) Architects, internationally renowned interior designer Cristian Pinedo of SUSURRUS, and landscape architectural firm Booth Design Group. 

In addition to an exclusive concierge, a 22-slip marina, and verdant park with walking trails, a putting green, and covered pavilions, amenities at The Residences will include The Vanderbilt Club -- a 28,000-square-foot club with a Grand Owner’s atrium and lobby lounge, private restaurant, business center and coffee lounge, state-of-the-art fitness center, and a full-service spa -- a kids’ room, a teen room with a Formula 1 simulator, and a club lounge with a golf simulator and private theater, among other features.   The project will also have 22,000 square feet of outdoor amenities, including a resort-style pool, lap pool, cabana suites, and fire pits. The Residences are furthermore located directly between Naples’ two existing Ritz-Carlton hotels -- both of which are approximately three miles apart.

“No one knows luxury lifestyle amenities better than STOCK, so our collaboration with this exceptional brand could not be a better pairing,” added Claudine Leger-Wetzel, Vice President of Sales and Marketing for STOCK Development. “Our team has spent years painstakingly developing this project, ensuring that it is the premier homestead for those seeking extraordinary, resort-style living in a private coastal setting.”

Suffolk Construction is the general contractor, while engineering is being overseen by J.R. Evans Engineering. The pre-construction phase of the community is already underway at the site, with delivery anticipated for 2026.    

The Residences’ lavish sales gallery is located at 2355 Vanderbilt Beach Rd., Suite 106.

The Perigon Reveals Exclusive $37 Million Ultra-Lavish Penthouse West In Miami Beach

Miami Beach’s most anticipated oceanfront condominium towers, The Perigon, designed by OMA, has revealed its crowned jewel Penthouse West, an exceptional new listing priced at $37 million offering panoramic views of the Miami skyline, Biscayne Bay and the Atlantic Ocean. The two-story Penthouse West, featuring a dynamic composition of gracious interiors offering uninterrupted ocean views as well as sweeping outdoor spaces, represents Miami Beach’s highest level of luxury coastal living.

The ultra-lavish Penthouse West fulfills the demand for a modern residence, teeming with the rarest touches of finishes and materiality. As one of the only new developments with a prized location directly on the sand, rising 17 stories tall, The Perigon exclusively offers a premium amenity suite, Michelin-starred chef curations and dining services, cutting-edge architecture and the ultimate luxury of privacy and exclusivity.

“Catering to the most discerning buyers, we curated every detail of The Perigon with their lifestyle in mind, from architectural design, to interiors, to the food and beverage programs, always offering a refined yet approachable style of luxury,” said Camilo Miguel Jr., CEO of Mast Capital. “Penthouse West is the epitome of this offering, appealing to those seeking sophisticated design, seclusion and privacy, unparalleled views of the ocean and Biscayne Bay, and the pinnacle of indoor-outdoor luxury living.”

Situated at 5333 Collins Avenue between Indian Creek and the Atlantic Ocean, The Perigon’s Penthouse West will invite its residents to enjoy an enriched lifestyle atop Miami Beach’s most celebrated architectural marvel. Residents will enter their residence through their private elevator landing, leading directly to the grandiose abode spanning two stories, four bedrooms, five bathrooms and a powder room. Its expansive 5,685 square feet of interior living space complements the 6,487 square feet of exterior space spread over multiple outdoor terraces and a private landscaped rooftop. This private, wraparound oasis with sweeping ocean and Miami-city views includes a 30-foot, infinity edge swimming pool, sundeck, lounge area, full outdoor summer kitchen, complete with a grill for outdoor dining.

Enviable interiors and high-end finishes integrated throughout the open-concept floor plan by designer Tara Bernerd, best known for her hotel and private yacht properties, distinguishes the Penthouse from any other offering in the market. A double-height great room with soaring 22-foot ceilings leaves a lasting impression and is accentuated by a wraparound terrace. The unique combination of hand selected organic fabrics, refined materiality and tailored weaves creates dimension throughout the space with the juxtaposition of stone, glass, and wood, as seen with the dramatic yet modern floating staircase.

Envisioning the penthouse with the essence of a five-star resort, Bernerd selected materials that subtly nod to the city’s iconic beach. Thus, color palette choices for the home include a warmer Italian Walnut or a lighter, European White Oak, a material also found in the dual primary bathroom’s vanities. The design of the bathroom captures the serenity of a spa featuring 10-inch thick, honed white marble countertops, dual rain showers, two enclosed water closets, and a white marble soaking tub with bronze accents opening to private outdoor terrace space. These bronze fixtures appear again in the Chef’s kitchen alongside custom Italian cabinetry, stone face drawers, honed marble countertops and backsplash, custom fluted marble island with a gas cooktop, walk-in pantry, and integrated Sub Zero and Wolf appliances that include a full-height wine refrigerator and double oven.

Perfectly equipped for dining and entertaining, the kitchen at Penthouse West opens onto a private breakfast terrace offering magnificent water and city views. The primary bedroom includes two oversized dressing rooms, a midnight bar, and a private outdoor living room to retire at the end of the day and take in stunning views of the sunset over the coast. The three guest suites feature their own walk-in closets and private terraces, and the staff quarters include a separate ensuite bathroom. Through its attentiveness to detail and emphasis of space and privacy throughout its floorplan, the resulting design language for Penthouse West upholds Miami’s nautical and cultural traditions, appealing to the well-traveled and design-conscious resident wanting to experience all the city has to offer.

“As the global elite consider adding a Miami residence to their collection, it became clear that the market needed a new oceanfront trophy residence that would impress an eclectic clientele. Penthouse West is a home that will quickly capture the attention of a worldly, sensible buyer that appreciates space, privacy and refined design,” said Jay Parker, CEO of Douglas Elliman.

As the first residential building designed by OMA New York on Miami Beach, The Perigon is the city’s premier destination for luxury coastal living with its bold architecture, impeccable design, and sophisticated, elegant interiors. The tower was inspired by the rivieras of Europe to combine the intimacy of a single-family home with the allure of high-rise living for an elevated waterfront living concept. The light-filled open floor plans include 10-foot ceilings complemented by 10- to 12-foot-deep wraparound terraces, custom Italian kitchen cabinetry in the grand kitchens, primary bathrooms adorned in marble with dark bronze fittings, and dramatic soaking tubs overlooking the shoreline and Miami skyline in select residences.

The Perigon is also the only building to offer more than 20,000 square feet of amenities providing both exclusivity and an idyllic Miami Beach setting for connection and socializing. Honoring its balmy environment, the building invites its residents to embrace the true indoor-outdoor living experience it so thoughtfully crafted. The plentiful hybrid, indoor-outdoor spaces create a seamless connection to nature, and lush gardens and serene water features envisioned by Gustafson Porter + Bowman, the landscape architecture firm that designed the green space at the Eiffel Tower, further elevates this South Floridian oasis. From a breakfast and sunset lounge and oceanfront, residents-only, private restaurant and speakeasy led by world-renowned, Michelin-starred Chef Shaun Hergatt to an oceanfront swimming pool with cabanas, terraced fitness center with water views, children’s playroom, private salon, screening room, and billiards room, The Perigon’s full suite of unparalleled amenities will entice its residents to enjoy life to the fullest.

The Perigon, 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, is currently in the process of demolishing the existing structure on the site and slated to complete construction in 2026. Pricing starts at $4.14 million, with sales and marketing exclusively handled by Douglas Elliman Development Marketing.

Ugo Colombo's CMC Group Breaks Ground On Ultra-Luxury 'Vita at Grove Isle' in Coconut Grove

One of Miami’s most renowned luxury developers, Ugo Colombo of CMC Group, has broken ground on Vita at Grove Isle, set to be his most sophisticated residential development to date. The ultra-luxe boutique condominium is located on the exclusive Grove Isle, a 20-acre gated private island situated just offshore of the city’s trending Coconut Grove neighborhood. The seven-story development, which is being built on the island’s last remaining waterfront parcel, will feature 65 impeccably designed residences showcasing unobstructed panoramic bay views, exquisite detailing, and the highest quality materials and craftsmanship. Construction of the project is now underway, with an estimated delivery timeframe of 24 to 28 months.

Housing costs in Coconut Grove are surging as the neighborhood becomes the landing spot of choice for new-to-market residents, with prices rising as sales volume diminishes due to a lack of inventory. According to a One Sotheby’s February 2023 Report, average home prices in Coconut Grove were up 32% year over year.

More than 40% of Vita at Grove Isle’s residences have already been pre-sold, with the majority of its buyers hailing from the U.S. Residences will include three-, four-, and four plus den-bedroom units between 2,500 and 6,500 square feet. A collection of twelve exclusive penthouse residences will range from 3,400 to 6,600 square feet each with a private rooftop terrace featuring its own full-size swimming pool, full bathroom, and summer kitchen. Residences start at $5.5 million, with penthouses priced from $12 million.

Every detail of Vita at Grove Isle – from residence floor plan flow and smart home functionality to the selection of fine marbles imported from Italian quarries – has been personally overseen by Ugo Colombo, a native of Milan who possesses an unmatched perspective on timeless luxury and unparalleled quality.

“While the Grove has been a stronghold for single-family-homes, Vita will usher in a new era of high-end condo homes that resemble nearby estates with expansive square footage, refined style and a superior location,” said Ugo Colombo, Founder of CMC Group. “In addition, the project will revitalize Grove Isle to its heyday of being a stronghold for those who want privacy and waterfront elegance while maintaining access to Miami’s nearby city centers.”

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 have retained their value and compete with pricing of new product on the market today. Onda, located on Miami’s Bay Harbor Islands, recently topped off and is anticipated to be completed later this year.

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.

The waterfront sanctuary will feature an extensive and thoughtfully curated collection of indoor and outdoor amenities, including a private residents-only bayfront pool, poolside bar and lounge, a state-of-the-art fitness center, spa and children’s playground. Vita residents will also receive a house membership to the “Vita at Grove Isle Club,” which offers a Club pool and adjacent bar, and additional amenities including lighted tennis, padel ball and pickleball courts. Residents will also be able to enjoy a gourmet restaurant and bar serving lunch, dinner, and cocktails, which will 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.

Additional resident perks include individually enclosed private car garages designed with provisions for EV charging in addition to 24/7 valet service, convenient bicycle storage, and the utmost advanced technology and WiFi capabilities equipped throughout the building.

Residents will also benefit from Vita at Grove Isle’s personal concierge which will be on-hand to assist with an array of arrangements and services, including dining and entertainment reservations to local attractions, in addition to the Grove Isle restaurant, home provisioning, housekeeping, child and pet care, personal shopping, private events, private drivers and transportation, car detailing, mail collection and forwarding, package deliveries, and more.

Furthermore, Vita at Grove Isle’s digital concierge ‘Vita Linc’ app will grant residents the ability to register guests and provide them with electronic keys, contact property management, privately message residents, check on pending/delivered packages, access appliance manuals and condo docs, and request vehicles from valet.

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.

Riviera Dining Group To Open New Concepts At E11EVEN Hotel & Residences Including Members Only Rooftop

Developers PMG and E11EVEN Partners have signed a 10-year agreement with renewal options with Riviera Dining Group (RDG), the hospitality group behind MILA and Bâoli, to program new concepts at E11EVEN Hotel & Residences Miami, an ultra-luxury, dual-tower development located in Miami’s famed District 11. Located at 20 Northeast 11th St. in the newly expanded entertainment destination, the Miami-based luxury hospitality company’s concepts will occupy a 16,000-square-foot restaurant with a 5,200-square-foot lounge attached to it, and a rooftop members only concept.

“We are thrilled that E11EVEN Hotel & Residences Miami will soon house the next transformative concept by Riviera Dining Group,” said Ryan Shear, managing partner at PMG. “E11EVEN Hotel & Residences prides itself on demonstrating a world-class, over-the-top lifestyle in the heart of Downtown Miami. We are pleased to have Riviera Dining Group’s talented hospitality team join us in bringing that vision to life for our residents and guests.”

Riviera Dining Group is known for operating some of Florida’s most exciting and experiential hospitality concepts including Miami hotspots MILA, MILA Omakase, MILA Lounge, and MM, as well as AVA MediterrAegean and MM in Winter Park, FL. Most recently, RDG acquired operations of BÂOLI Miami, the iconic restaurant and nightlife venue located on Collins Avenue in South Beach. Under the direction of RDG, BÂOLI has reopened with a new menu, elevated ambiance and an updated aesthetic. Its next multi-setting concept, CASA NEOS Miami, is slated to open in Brickell this year.

“We pride ourselves on continuing to be ahead of the curve when creating innovative, sensorial experiences for guests,” said Greg Galy, partner and CEO at Riviera Dining Group. “By partnering with E11EVEN and PMG, we’re able to continue providing guests with memorable experiences while simultaneously adding new venues to our luxurious and rapidly expanding portfolio.”

RDG has an impressive team of partners, chefs, and managers who have worked extensively to elevate the brand to what it is today including 26-Michelin Starred Chef Michaël Michaelidis. At E11EVEN Hotel & Residences, Riviera Dining Group’s restaurant will reside on a second level and offer a ground-floor escalator entrance to guests for direct access. Its upscale lounge and private membership club space will be located on the tower’s rooftop and showcase breathtaking views of the Downtown Miami skyline, Biscayne Bay, and the Atlantic Ocean.

The arrival of these two concepts to E11EVEN Hotel & Residences comes on the heels of the recent expansion of its second tower, E11EVEN Residences Beyond. The developers are purchasing the nearby “Heart” site at 50 Northeast 11th St. to offer additional units for sale and amenity space, which was made possible by an incredibly high demand for these residences and record-breaking sales success across both towers. Among the expanded amenities will be an upper and lower deck now totaling 14,637 square feet and an expanded resort-style 1,638-square-foot pool with private lounge areas.

"Miami's District 11 continues to evolve as the city’s leading entertainment district delivering top-notch dining and innovative nightlife experiences paired with exceptional residences," said Michael Simkins of E11EVEN Partners and co-developer of E11EVEN Hotel & Residences. "The expansion of the incredible property and its commitment to maximizing value for all who call it home is a testament to its idyllic placement within District 11 which will become an entertainment destination in Miami. We look forward to watching E11EVEN Hotel & Residences rise, further solidifying itself as one of the top ultra-luxury residential developments in South Florida."

Centrally located in Downtown Miami’s District 11, E11EVEN Hotel & Residences Miami offers a resort-style, entertainment-driven experience and destination – the first of its kind in the Southeastern United States. Floor plans at both of its towers range from studios to two bedrooms in addition to a presidential collection and penthouse suites. Each unit comes equipped with fully-integrated “smart building” features, Subzero and Wolf appliances, custom ITALKRAFT Italian cabinetry, top-level finishes, and designer-curated furnishings. The soaring 65-story towers will be designed by internationally renowned Sieger Suarez Architects with interiors by award-winning design firm AvroKO.

“E11EVEN Hotel & Residences has a track record of going above and beyond to deliver a coveted, over-the-top vision of luxury for its residents,” said Marc Roberts of E11EVEN Partners and co-developer of E11EVEN Hotel & Residences. “Not only does living at the property place buyers in the middle of District 11’s outstanding live-work-play atmosphere, but it will now provide even more amenity space for residents to truly live out the energy-driven, highly exclusive lifestyle they seek.”

Amenities for E11EVEN Hotel & Residences include a world-class Chopra Spa & Studio, a five-star restaurant collection by Riviera Dining Group, a casino-style sports lounge, a world-class med spa, a rooftop pool and bar, and an E11EVEN day club and pool on the 11th floor. In addition to the first tower's amenities, buyers at E11EVEN Residences Beyond will have ultra-exclusive access to private facilities available only to residents of the second tower and the E11EVEN Beyond Members Social Club. They include a helipad, a signature restaurant, fully staffed executive office suites, and a state-of-the-art fitness center, as well as the expanded decks and pool. The second tower will also feature the recently announced, ultra-premium social club The Clayton.

Check-Out This Lavish Coral Gables Estate Located In The Ultra-Private Journey's End Gated Enclave Which Just Listed For $69.9 Million

An estate in the ultra-private gated enclave of Journey’s End in Coral Gables has hit the market for $69.9 million. The owner Raúl Alarcón is chairman and CEO of Spanish Broadcasting System, an owner and operator of Hispanic radio stations and network television stations in the U.S. and Puerto Rico. Alarcón has many connections in the music industry and artists including Shakira, Marc Anthony, Romeo Santos, Ozuna, Carlos Vives, Ricardo Arjona, Juanes and Emilio Estefan have visited his home.

Nestled on a peninsula within the exclusive ultra-private community of Journey's End in Coral Gables, this Waterfront Tuscan-style villa is on a sprawling 2-acre lot with over 500-feet of water frontage and access to the bay. With seven bedrooms and eight and half bathrooms spread over 11,000-square feet of living space, this two-story property is a true masterpiece.

The first floor is an entertainer's dream with a state-of-the-art 12-person movie theater, a large home office, a formal living room, a bright formal dining room, and a family room. The large gourmet kitchen boasts double gas ovens and stoves, marble floors and countertops, and a butler's pantry, with an adjacent breakfast room. The second floor features a large primary suite with stunning property views, two large bathrooms, and walk-in closets. Additionally, there are four spacious bedrooms, each with an en-suite bathroom, a study room/office, a laundry room, and a Zen-style spa with a steam room, sauna, hot tub, group shower, private bathroom and massage area.

The outside area offers a playground, a 4-car garage with a guest suite, and a half basketball court. Find multiple terraces and a stunning center courtyard with views of the beautiful pool plus a fully-equipped enclosed gazebo on the property that duals as an office.

9401 Journeys End Road is listed for $69.9 million by Saddy Abaunza Delgado and Valeria Kelly with ONE Sotheby's International Realty.

Images via ONE Sotheby’s International Realty

Todd Michael Glaser Sells One-Of-A-Kind Worth Avenue Penthouse Atop Tiffany & Co. Building In Palm Beach For $18 Million

Todd Michael Glaser and partners have sold an exclusive two-story penthouse residence sitting atop the iconic Tiffany & Co. building on Palm Beach Island’s Worth Avenue for $18 million. Located at 415 Hibiscus Ave., Palm Beach, FL 33480, the total 13,000-square-foot residence is the largest condominium on Palm Beach Island. Situated at the corner of prestigious Worth Avenue and Hibiscus Avenue, it is the only penthouse in the world atop a Tiffany & Co. building. The private residence building is also a blank canvas, ideal for the luxury buyer who would like to customize every detail.

Jill Eber and Jill Hertzberg of The Jills Zeder Group, affiliated with Coldwell Banker Realty; and Chris Leavitt of Douglas Elliman Realty, LLC, represented the seller, Todd Michael Glaser and partners. Christian Angle Real Estate represented the buyer in this transaction.

Constructed in 2021, the residence is a shell with all plumbing, electrical and HVAC units in the space and is decorator and architect ready to be built out.

The penthouse was developed in 2021 by a JV between Fortress Investment Group, Hyde Retail Partners and Kean Development before selling to Glaser and his partners for $15.5 million in June 2022. The joint venture initially acquired The Tiffany & Co. building was purchased in late 2018 for $20 million before selling the commercial component for $26.4 million in January 2021 to the London-based real estate investment firm Motcomb Estates.

An extraordinary aspect of the residence is the new, private rooftop deck ― the only rooftop of its kind in Palm Beach with a panoramic view of Worth Avenue. Its distinctive exterior spa boasts an infinity edge swimming pool, sunbathing areas, putting green, outdoor bar, dining area and fire pit. The interior rooftop area beckons with a spacious lounge and full bar, billiard area, full bathroom, and gym.

Offering enormous windows and doors maximizing Worth Avenue views and natural light, the residence includes a beautiful principal suite, housekeeper’s room, three fireplaces, state-of-the-art technology, an elevator and much more, within 9,876 square feet of interior space. It may be built out to have five to six bedrooms, seven bathrooms, and one half-bathroom.

The exclusive condo is within walking distance of world-class shops, restaurants, and all the best that Palm Beach has to offer.

Check Out This Ultra-Luxury $52 Million Waterfront Compound In Boca Raton's Prestigious Royal Palm Yacht & Country Club

The Parker Estate, a one-of-a-kind custom property in Boca Raton owned by the family of Constant Contact Founder and Tech Entrepreneur Randy Parker, has hit the market for $52 million. The triple-lot compound in Boca Raton’s prestigious Royal Palm Yacht & Country Club neighborhood is located at 2499 E Maya Palm Drive, Boca Raton, FL 33432. The Parker Estate is a magnificent fusion of waterfront luxury, architectural brilliance and natural splendor. With a rich history and an unparalleled location, this property remains one of South Florida’s most remarkable homes. The property is listed by Jill Hertzberg and Jon Mann of The Jills Zeder Group.

The stunning 1.7-acre waterfront estate includes a prized southeast-facing corner lot (originally the most expensive lot in Royal Palm), 437 feet of water frontage overlooking both the Intracoastal Waterway and a side canal, and an arboretum-like vacant 0.4-acre lot across the street. Since its founding, Royal Palm has been a gathering ground and desired address for South Florida’s high society and community, business, philanthropic and social leaders.

Parker’s late father, pioneering financial publisher Glen K. Parker purchased the properties with his wife Sandy, a well-known Boca Raton CPA and business leader, in the mid-1990s to be their primary residence and a resort-like venue for entertaining family and friends. Glen K. Parker is best known for his company The Institute for Econometric Research, which revolutionized the financial publishing industry and helped fuel the massive growth of mutual funds, beginning with the popular investor newsletter Market Logic in 1975 and culminating in the acquisition of the business by Time, Inc. in 1998.

The Parker Estate, which was featured in the 59th edition of Florida Architecture magazine in 1998, was designed by celebrated architect Mitch Kunik to pay homage to some of the owners’ favorite vacation spots. The estate draws inspiration from the tropical resort lifestyle, deftly balancing nature, luxury and privacy.

“From the time this property was first listed for sale by Arvida in 1959 as the most expensive in Royal Palm Yacht & Country Club, it has been unparalleled,” said Jill Hertzberg of The Jills Zeder Group. “The storied history behind the property, merged with the distinguished modern-day appeal of the Royal Palm neighborhood, makes 2499 E Maya Palm Dr. an exquisite opportunity for the right luxury buyer.”

The home features a 10,000-square-foot curvilinear main house with custom ceilings, windows and innovative architectural elements, and interior design by award-winning designer Arlene Workman. Downstairs offers a large, open kitchen with a 15-foot-long island and double stoves, ovens, sinks and dishwashers, where many cooking classes and tasting demonstrations by local chefs have been hosted. The principal suite on the top level of the home with expansive views, blackout shutters, his-and-hers bath suites, massive closets, workout and sitting areas, and private access to a rooftop sun patio.

A separate guest house reminiscent of the bungalows at the Little Palm Island resort in the Florida Keys, including a unique palm frond ceiling, soaking tub for two and private outdoor shower.

The outdoors features two swimming pools, including an infinity-edge pool that wraps around the main house and overlooks the Intracoastal Waterway, and a more traditional pool between the main house and guest house. There is also a covered patio for entertaining and outdoor living inspired by the grand outdoor dining pavilion at Little Dix Bay Resort in the British Virgin Islands, with a pyramidal roof supported by three columns of different heights.

The beautifully landscaped, retreat-like grounds are ideal for relaxing in nature as well as entertaining ― weddings, boat parade watching parties, wine tastings and more have been hosted there. The grounds were expertly designed and maintained by Craig Morell, one of the top horticulturists in Florida, the former horticulturist of what is now The Boca Raton resort and the Pinecrest Gardens in Miami, and a retired director of Coconut Grove’s The Kampong, one the gardens of the National Tropical Botanical Garden. He helped bring the owners’ vision of a tropical jungle paradise to life, importing unique trees and plants from around the world.

“The ‘Parker Estate’ boasts the epitome of Boca prestige, a luxurious setting on the huge waterfront lot, and ample space to build on the currently vacant lot,” said Jon Mann of The Jills Zeder Group. “Additionally, the estate’s Royal Palm location is enviable, set in close proximity to the recently renovated hotel The Boca Raton, a premier and iconic destination in the city.”

With Hotel-Inspired Services and Endless Water Views, The St. Regis Residences, Miami is Brickell’s Definitive Luxury Address

From its signature Bloody Marys and legendary butler service to its afternoon teas and midnight suppers, The St. Regis has been renowned for its tradition of innovation and commitment to impeccable service since its founding nearly a century ago. Recognizing the need for a residential-only lifestyle that embodies this celebrated approach to hospitality, real estate industry leaders Related Group (Related) and Integra Investments (Integra) are bringing The St. Regis Residences, Miami (The Residences) to Brickell’s thriving city center.

Envisioned as the neighborhood’s definitive luxury address, The Residences is being brought to life by a visionary team, with architecture by the esteemed Robert A.M. Stern Architects (RAMSA) and interiors by the highly acclaimed Rockwell Group. This 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 150 condominium homes, including sky villas, penthouses and 2 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. 

“Related has a four-decade track record of delivering exceptional residential communities that cater to market demand,” said Nick Pérez, President of Related Group’s Condominium Division. “In designing The St. Regis Residences, Miami, the team spared no expense, focusing on what high-net-worth buyers want most: expansive homes, increased privacy, uncompromised views and access to world-class amenities and services.” 

Residences will range from two to six bedrooms with lavish finishes throughout. The grand floor plans include private elevators and entry foyers, as well as oversized walk-in closets, spa-like bathrooms and more. Kitchens are equipped with top-of-the-line Sub-Zero and Wolf appliances, custom Italian cabinetry designed by Rockwell Group, and imported natural stone countertops and backsplashes. Each residence will also showcase panoramic views of Biscayne Bay and the glittering Brickell skyline.  

Residents can experience the epitome of hotel-inspired living with a vast selection of indoor and outdoor amenities spanning over 60,000 square feet. The Residences features a fine-dining restaurant by Michelin-starred chef Fabio Trabocchi; a professional-grade fitness center with a pilates and yoga studio; a new, full-size pickleball court; a world-class spa and holistic wellness center; an indoor lap pool; and the iconic St. Regis Tea Room. 

Park-like grounds surround the building with lush landscaping designed by the acclaimed Swiss design firm, Enea Garden Design. Signature butler services complete the lifestyle experience, including services such as deliveries to residences, an on-premises house car, shoeshine service and other personal arrangements.

“At Related, we strive to continuously surpass the needs and wants of our buyers,” adds Pérez. “The St. Regis clientele know exactly what they want and we’re delivering just that. We’re confident that our plans for The Residences will set a new standard for resort-inspired living in South Florida.” 

Since its establishment over 100 years ago, St. Regis Hotels & Resorts has been renowned for its ultra-luxurious and sophisticated accommodations. The brand’s famed flagship property in New York City has long been a go-to, five-star destination among the world’s elite. By bringing The Residences to the Miami market, Related continues to push the boundaries of luxury and set new standards for upscale residential communities nationwide.

The Residences is over 50 percent reserved and is converting reservations to contracts. ONE Sotheby’s International Realty is the exclusive sales and marketing partner for The Residences. For more information, please call (786) 713-3562 or visit miamisrr.com. 

Witkoff and PPG Reveal The Residences At Shell Bay With Auberge Resorts Collection Featuring Miami's First New Golf Course In 25 Years

Leading visionary real estate development firms Witkoff and PPG have revealed The Residences at Shell Bay, an unmatched new luxury destination in Hallandale Beach, in partnership with Auberge Resorts Collection, the highly awarded hospitality operator with an acclaimed portfolio of luxury boutique hotels, resorts, and residences. The private golf course, known as The Shell Bay Club, will open this winter and will be the first new golf course in the Miami area in over 25 years. Sales for the residences will be released in exclusive, limited phases led by Douglas Elliman, and are set to deliver in 2025.

Shell Bay represents the new frontier of elite clubs, bespoke residences, and elevated wellness and leisure, offering one of the most exclusive private members clubs in North America. The amenities and programming have been carefully designed with world-class athletes and experts to cater to both the ultimate luxurious lifestyle and peak-functioning performance. The Shell Bay Club includes a 7,250-yard championship golf course designed by Greg Norman, a 12-acre practice facility with a 9-hole par 3 course, a premier racquet center with four Grand Slam tennis surfaces, pickle ball courts, and padel courts, a 48-slip private yacht club, and a private Member’s Clubhouse with a spa and performance fitness center.

“The course at Shell Bay will be one of the most unique, pure golf experiences I have ever designed. Completely isolated from its surroundings, the walkable layout will capture the true essence of the game with immaculately conditioned fairways, sweeping sand belt style bunkers, and contoured greens that test every club in your bag. It will be a place where you can totally immerse yourself in the game.” says golf legend and course designer Greg Norman.

Brought to life by Auberge Resorts Collection, The Residences at Shell Bay provide an enclave for those who want to live exceptionally. Part of a fully gated community with 24/7 monitoring, residences offer open-concept layouts with expansive living and entertainment areas, floor-to-ceiling windows, expansive ten-foot ceilings on typical floors, spa-inspired primary bathrooms, gracious wraparound terraces with vistas of the private golf course, and minibars serviced by the hotel. In addition, residences will have a dedicated Director of Residences to provide the highest level of personalized care and a la carte resort services including in-residence housekeeping and dining.

In addition to branded residences, Shell Bay will have a boutique resort managed by Auberge Resorts Collection. Auberge is a best-in-class luxury resort and residential operator known for one-of-a-kind experiences in extraordinary destinations, with hotels including Auberge Du Soleil in Napa Valley, Hotel Jerome in Aspen, Lodge at Blue Sky in Park City, Mayflower Inn and Spa in Connecticut, and the Grace Hotel in Santorini. The company was named by Travel + Leisure as one of the “Top Hotel Brands in the World,” while 12 of its 22 properties were awarded in Travel + Leisure’s 2022 World’s Best List, the highest percentage of any brand.

Auberge is also a seasoned residential manager with residential properties including Madeline Hotel and Residences in Telluride, Stanly Ranch in Napa Valley, and Chileno Bay Resort and Residences in Los Cabos.

Related Group And Dezer Development Reveal 'Rosewood Residences Hillsboro Beach' Ultra-Luxury Waterfront Boutique Condo

Rosewood Hotels & Resorts® in partnership with industry leaders Related Group and Dezer Development, has revealed Rosewood Residences Hillsboro Beach, a boutique condominium set to bring a new standard for residential offerings to the affluent Hillsboro Beach’s “Millionaire’s Mile”. Offering a coveted collection of only 92 ultra-luxury, waterfront condominium homes and villas, just two miles from both Boca Raton and Pompano Beach, the development will provide owners with unparalleled access to the region's most picturesque beaches, golf courses, and unspoiled natural surroundings. Combining this supreme setting with high-design and a broad assortment of resort-inspired amenities, Rosewood Residences Hillsboro Beach will usher in a next-generation residential experience that will delight longtime Floridians and snowbirds alike. Sales will commence this month with the project scheduled for completion in 2026.

Known as "Millionaire's Mile," the singular stretch of Florida coast that comprises the Hillsboro Beach neighborhood has drawn in affluent homeowners for decades. Its warm sands, glittering turquoise waters, and relaxed lifestyle contribute to an idyllic way of life that wraps seaside serenity in luxury.

"It is immensely rewarding to announce Rosewood Residences Hillsboro Beach as our latest standalone residential project in such a highly sought after community," said Brad Berry, Vice President of Global Residential Development at Rosewood Hotel Group. "Millionaire's Mile has a strong value proposition for buyers that allows for a certain level of escapism, bridging the foundations of a luxury resort with the comfort and familiarity of home. It is a unique parcel that allows for an undeniably elevated style of living, thereby a perfect fit for our growing brand footprint."

Rising ten stories above its pristine residential surroundings, Rosewood Residences Hillsboro Beach will give residents the chance to curate a personalized slice of paradise through the project's planned 92 residences and 11 private boat slips. With architecture helmed by Arquitectonica, an international firm known for bringing bold modernism to urban landscapes since 1977, and the acclaimed Dutch design firm Studio Piet Boon overseeing the interiors, the property has been crafted to stay true to Rosewood's guiding A Sense of Place™ philosophy.

Split between 70 beachfront residences and 22 coastal residences, all homes will highlight their enviable setting through a myriad of features. Both buildings have been designed to be reminiscent of a regal yacht, blending the indoors and outdoors with soft, curving terraces, ample natural light and sprawling exterior spaces. Inside, a soft color palette will envelop the units and shared spaces, all of which will showcase an interesting mix of textures including natural wood, limestone accents and biophilic elements. Living flora will be found throughout the buildings' walls and expand out from the garden spaces, establishing a cohesive connection to nature. Each unit will feature expansive living, dining and sleeping quarters, with many offering private garages and master walk-in closets.

"We are truly honored to partner with Rosewood and Related Group on this exciting project," said designer Piet Boon. "Within the Studio Piet Boon total design vision, we've created a smooth transition between indoor and outdoor living, embracing the Miami light and the pristine seafront of Hillsboro Beach."

Six oceanfront and seven coastal penthouses will be available, each a secluded oasis carefully designed to provide the privacy and exclusivity of single family living. Each of these expansive homes will boast private rooftop pools and panoramic views of the glistening waters and the area's lush flora. Residences will range in size from 2,800 to 6,400 square feet, with the opportunity to combine units to create vast coastal retreats.

"We are proud to partner with a brand as respected as Rosewood as we continue our 40-plus-year tradition of pioneering the country's most desirable residential markets," said Jon Paul Perez, President of Related. "Hillsboro Mile has long been a haven for the country's elite. However, with our new development, we are upping the ante in a major way."

Known for a unique approach to residential development that centers on the concept of enriched living, an idea that the extraordinary can be found in the everyday, the Rosewood Residences brand will organize and oversee an extensive selection of resort-style amenities that prioritize ease, simplicity, and indulgence. The project's comprehensive light-filled wellness center will offer a private spa and salon; two state-of-the-art fitness centers featuring a yoga room; a sauna; tennis, paddle tennis and pickleball courts; and an on-site racquet court pro-shop.

Owners will also enjoy an exclusive oceanfront pool and outdoor spa area with sunbeds and cabanas, as well as direct access to a private stretch of beach equipped with lounge chairs, umbrellas, and food and beverage service.

Adding to the owner experience will be an array of elevated dining concepts helmed by a celebrated, soon-to-be-announced chef. These will include a private oceanfront restaurant, a convivial bar and grill, a stylish cocktail lounge, a sprawling café lounge with a daily breakfast bar, and a creamery.

Additional spaces and services planned for the property include luxury guest suites for visiting friends and family; a game room complete with high-tech virtual reality game simulators; a sunrise lounge perfect for entertaining and events; an intimate garden and meditation lounge areas with ocean views; a bocce court; two meeting rooms; a dog park; and a dramatic lobby complete with lounge space. The property will also feature a curated collection of museum-quality art hand selected by Related's world-renowned curatorial team.

"Rosewood Residences Hillsboro Beach features a prime location connecting the Intracoastal Waterway to some of the most beautiful beaches in South Florida," said Gil Dezer, President of Dezer Development. "Spanning nearly 12 acres of waterfront, this property, together with its pristine coastal dune and lush native landscaping, provides a rare canvas upon which this amazing development will be created. We are proud to partner with The Related Group to create an exceptional luxury residential experience."

While South Florida is no stranger to luxurious development, Rosewood Residences will offer buyers a new way to live and play, with a residential offering that channels the ease of resort living and high-touch service. With more than half of Rosewood's upcoming hotels and resorts featuring Rosewood Residences, the brand continues to take a thoughtful approach to development and evolution in the space, delivering high-end amenities and world-class service while providing buyers with access to some of the world's most sought-after locations.