Record Breaking Penthouse Sale Recorded For 1 Hotel & Homes South Beach
A new record breaking sale has just closed at 1 Hotel and Homes South Beach as PH-1609 has sold for $11,500,000, or $3,233 SF. The price reflects a new record price per square foot for 1 Hotel and Homes South Beach and is the second highest price per square foot sale in Miami Beach in nearly 3 years.
A new record breaking sale has just closed at 1 Hotel and Homes South Beach as PH-1609 has sold for $11,500,000, or $3,233 SF. The price reflects a new record price per square foot for 1 Hotel and Homes South Beach and is the second highest price per square foot sale in Miami Beach in nearly 3 years. The buyer is Ronald Haft, CEO of Combined Properties Inc., from Beverly Hills, CA, who was represented by Michael Toomey of the Toomey Team at Keller Williams. PH-1609 was represented by Tracy Galya, Director of Sales & Zaida Dudash, Sales Executive of Douglas Elliman Development Marketing, who is the exclusive sales and marketing firm for the property. 1 Hotel & Homes South Beach is located at 102 24th St. and is now 92% sold.
Penthouse 1609 offers 3,557 SF of indoor living space with an additional 730 SF terrace spread over 3 bedrooms and 3.5 bathrooms. The residence is designed and furnished by Debora Aguiar and Artefacto, creating a mindful connection between people and nature. The attention to detail is evident throughout the stunning interiors which take inspiration taken from the penthouse’s coastal setting. Interior finishes include limestone and teak accents to silver travertine and white quartz, every design element soothes the senses.
Pritzker-Prize Winning Architect Zaha Hadid's Personal W South Beach Condo Sells For $5.75 Million
Pritzker-Prize winning architect Zaha Hadid’s personal Miami Beach condo located in the W South Beach has finally sold for $5.75 million. The oceanfront residence had originally been listed for $10 million unfurnished and was personally designed by the late Zaha Hadid herself, who is renowned for her innovative and geometrically appealing designs.
Pritzker-Prize winning architect Zaha Hadid’s personal Miami Beach condo located in the W South Beach has finally sold for $5.75 million. The oceanfront residence had originally been listed for $10 million unfurnished and was personally designed by the late Zaha Hadid herself, who is renowned for her innovative and geometrically appealing designs. The stunningly curvaceous southeast corner unit opens up directly to the Atlantic Ocean and offers 2,299 SF spread over 3 bedrooms and 4 bathrooms. The custom unit is a duplex combining two-floor plans, 2201 Collins Ave 728/26, complete with a sweeping corner balcony. At the time of sale the residence had been listed with Angelica Garcia & Ivan Chorney of ONE Sotheby’s International Realty’s Sports and Entertainment Division. David Pulley of Douglas Elliman’s Sports & Entertainment Division represented the buyer.
Photos via Jehovy with Zignavisual
Henley USA Closes On The Eurostars Vintro Hotel In South Beach For $20 Million
The Eurostars Vintro Hotel, located at 2216 Park Avenue in South Beach has sold in an off market deal for $20 million to Henley USA. The deal equates to roughly $400,000 per key for the 50-room hotel, which was previously owned by Encotel, LLC.
The Eurostars Vintro Hotel, located at 2216 Park Avenue in South Beach has sold in an off market deal for $20 million to Henley USA. The deal equates to roughly $400,000 per key for the 50-room hotel, which was previously owned by Encotel, LLC. The deal was overseen by Susan Gale of ONE Sotheby's International Realty, who represented both the buyer and the seller. The 25,931 SF hotel was originally built in 1934 and features a rooftop lounge with plunge pool, restaurant, garden area, lobby bar and solarium. The hotel is managed by Eurostars
Henley USA is the U.S. branch of the UK-based private equity firm Henley. Encotel, LLC. purchased the property in 2011 for $3.5 million. Henley closed on the Jefferson Hotel in Little Havana and the Jazz on Collins Avenue in South Beach earlier this year and plans to transform them into their high-end hostel concept known as Life House.
Check Out This Lavish Condo Which Is Currently The Highest Priced Listing In FAENA District's The Caribbean
A lavish condo owned by London based artist, Izabella Kay, which featuring her artwork throughout, has hit the market as the highest priced residence in FAENA District's The Caribbean condo building.
A lavish condo owned by London based artist, Izabella Kay, which featuring her artwork throughout, has hit the market as the highest priced residence in FAENA District's The Caribbean condo building. Asking $4.45 million, 3737 Collins Avenue S-1102 is a fully furnished, 3 bedroom, 3.5 bath condo featuring 2,326 SF feet of interior space and unobstructed ocean views from the 844 SF balcony. The home features marble floors, an exquisite double door foyer that opens to panoramic ocean views, a chef island gas kitchen and beautiful bathrooms featuring wood vanities. The residence also boasts a sensual master bath designed by Madonna’s brother, Christopher Ciccone. The Carribean's amenities include a private wine room, humidor, coffee lounge, pool, beach chair service, gym, a sitting area by the reflection pools. 3737 Collins Avenue S-1102 is currently listed for $4,450,000 with Ida Schwartz and Minette Schwartz with the Schwartz Team of ONE Sotheby’s International Realty.
Photos via MLS Real Estate Photography
Worldwide Reggaeton Artist Nicky Jam Closes On Palm Island Contemporary For $3.4 Million
Nicky Jam, the Billboard and Latin Grammy award winning reggaetón singer, has officially purchased a home in Miami Beach’s Palm Island for $3.4 million. The sale was represented by Chad Carroll of Douglas Elliman.
Nicky Jam, the Billboard and Latin Grammy award winning reggaetón singer, has offically purchased a home in Miami Beach’s Palm Island for $3.4 million. The buyer was represented by Chad Carroll of Douglas Elliman and the home was listed with Mathieu Rochette of Compass Florida. The newly built residence offers 5 bedroom and 5 bathrooms spread over 3,617 SF. The land lot home also features an infinity pool, two-car garage, a chef’s kitchen with Miele appliances, and hardwood floors. Each of the three upstairs bedrooms comes with a walk in closet and the master suite features it's own large outdoor terrace. Included with the home is private access for residents to Palm Island Park with both tennis and basketball courts, community police 24 hours a day and a gated security coming on to the island. The home was listed for $3.6 million and was developed by Sabal Development, completed in 2016.
Nicky Jam has appeared in many reggaeton albums, currently holding the record for most appearances on various artist albums, In 2015, Nicky Jam won a Latin Grammy Award for Best Urban Performance "Hasta el Amanecer" was released on January 15, 2016 on the U.S. radio stations. Most recently, Jam, performed the official song "Live It Up" alongside American rapper Will Smith and Kosovar singer Era Istrefi at the closing ceremony of the 2018 FIFA World Cup in Moscow, Russia.
Tour An Ivy Covered Mansion On Miami Beach's Sunset Islands Once Owned By Anna Kournikova Asking $14.25 Million
Hidden in one of Miami’s most prestigious gated communities, 2345 Lake Avenue will immediately enchant you with its abundance of tropical foliage and old-school class. The 19,281-square-foot waterfront mansion is located on Sunset Island III and was once owned by former professional tennis player, Anna Kournikova.
Hidden in one of Miami’s most prestigious gated communities, 2345 Lake Avenue will immediately enchant you with its abundance of tropical foliage and old-school class. The 19,281-square-foot waterfront mansion is located on Sunset Island III and was once owned by former professional tennis player, Anna Kournikova. Enter this eight bedroom, eight bathroom estate through the stunning gated entrance whose ivy-covered facade will transport you into a different time. The tall vaulted ceilings and arched windows flood the house with an abundance of natural light, which is family friendly with multiple indoor and outdoor spaces for entertaining. Amenities include a kitchen with an oversized island, master suite with private balcony and his-and-hers closets, rustic finishes, boat dock, and a central courtyard forum. This lush oasis beautifully incorporates the greenery to provide unparalleled curbside appeal and fairytale charm.
It is currently listed under ONE Sotheby’s Senior Vice President, Jorge Uribe, for $14.25 million.
Photos via Jorge Uribe with ONE Sotheby’s
Check Out This Studio MK-27-Designed Ultra-Luxe Pine Tree Drive Contemporary Asking $25.75 Million
Miami Beach is home to some of the most progressive, contemporary architecture and this masterpiece by Marcio Kogan and Studio MK-27 delivers. Developed by Barry Brodsky of Brodson Construction, the ultra-luxe mansion features raw style including concrete, stone and wood, complete with a 200'-long teak and concrete pedestrian bridge.
Miami Beach is home to some of the most progressive, contemporary architecture and this masterpiece by Marcio Kogan and Studio MK-27 delivers. Developed by Barry Brodsky of Brodson Construction, the ultra-luxe mansion features raw style including concrete, stone and wood, complete with a 200'-long teak and concrete pedestrian bridge that leads from the ground level to the rooftop terrace. The home also features 6 bedrooms and 9 bathrooms spread over 14,500 SF along with an NBA-size indoor basketball court, chef's kitchen and stunning views of Indian Creek from the living areas and master-bedroom. Outside features a heated saltwater pool and an oversized manmade lagoon. 4567 Pine Tree Drive, Miami Beach is currently listed for $25,750,000 with The Jills of Coldwell Banker Real Estate.
Photos by Lifestyle Production Group
Tour This Modernized 1934 Art Deco Masterpiece On Miami Beach Asking $5.6 Million
Skinner House, a 1934 Art Deco estate by legendary architect duo John and Coulton Skinner, is on the market for the first time since the art deco masterpiece has been masterfully restored and modernized.
Skinner House, a 1934 Art Deco estate by legendary architect duo John and Coulton Skinner, is on the market for the first time since the art deco masterpiece has been masterfully restored and modernized. The home was already permitted for demolition before before Michael Raynes, a developer whose company, R Investors, restores architecturally significant homes in Miami Beach, stepped in to save the residence and restore the home to its original splendor.
“The buyer of this residence will be living in one of the most unique environments – a completely modernized, updated home with every technological amenity and advancement imaginable,” said Batchelor. “An estate of this architectural caliber -- one that so beautifully blends original designer details with modern comforts and conveniences -- is an opportunity that cannot be overlooked.”
“Not a single detail has been overlooked in the painstaking restoration of this estate,” added Batchelor. “This residence is a masterpiece – one that’s sure to be the pinnacle acquisition of a lifestyle connoisseur's collection.”
Located near the entrance of La Gorce Island and facing Poinciana Park, the two-story Skinner House features four bedrooms and 4.5 bathrooms spread throughout 4,860 SF. The home offers a grand entrance with soaring French doors and a 24' ceiling. Finishes include hand-blocked wall coverings imported from France, a state-of-the-art modern kitchen with Calcutta gold marble slab countertops, and a cantilevered open-shell form staircase in the living room. The dining room features an adjoining butler’s pantry with a wine cooler and is accessed through a pair of grand, black ebonized doors with PE Guerin doorknobs. All of the bedrooms in the home have custom walk-in closets, while all baths have custom built-in vanities with honed marble plinth-style counters.
Adding to the Skinner House's unmistakable draw are its hand-selected furnishings, a number of which can be purchased in a separate agreement. The pieces, works of art in and of themselves, were chosen by the residence’s design team, collectors of important 20th century designs. Many were purchased at auction through top dealers worldwide, including a rare pair of Jean Michel Frank beds from the famed Born estate in Argentina; Fontana Arte sconces from Max Ingrand; a Jansen mirror; Jacques Adnet leather arm chairs and an oak bar; an Alessandro Albrizzi periwinkle blue desk; lounge chairs designed by Edward Wormley for Dunbar; and rare Stilnovo standing lamps. Also available for purchase are the home’s newly-made custom beds, sofas and lounge chairs, all upholstered in the finest fabrics that echo the design and personality of the dwelling.
Skinner House sits on a 12,300 SF double lot with lush courtyard and a Parisian-style garden dotted with exotic specimens and hexagonal fountain, as well as a stone drive, all conceived by award-winning landscape architect Fernando Wong. Out back is a private backyard with a natural-gas-heated pool and patio area, outdoor dining spaces, and an outdoor shower.
6332 Alton Rd, Miami Beach is currently listed for $5,600,000 with Nancy Batchelor of EWM Realty International.
Check Out How The $620 Million Renovation Of The The Miami Beach Convention Is Coming Along
The 3-year, $620 million renovation of the Miami Beach Convention Center is powering towards completion. The redesign, which features 500 aluminum fins which are influenced by ocean waves, was designed by Fentress Architects, Arquitectonica and West 8.
The 3-year, $620 million renovation of the Miami Beach Convention Center is powering towards completion. The redesign, which features 500 aluminum fins which are influenced by ocean waves, was designed by Fentress Architects, Arquitectonica and West 8. Miami Beach Convention Center features 1.4 million SF of total development including a 500,000 SF exhibit hall, 4 ballrooms and 127,000 SF of meeting space. The renovation will also bring a contemporary multimedia screen and futuristic lighting on the ballroom ceilings. Construction is expected to be completed by December 2018 for Art Basel and construction on the adjacent park, the final piece of the renovation, should begin shortly.
Imagery by Craig Denis
Inside The Miami Beach Market Update Panel Hosted By JDS & Douglas Elliman At Monad Terrace
Douglas Elliman and JDS Development hosted an in-depth panel discussion on July 26 exploring both developing and selling Monad Terrace as well as reviewing Miami Beach's current real estate market. The panel gave listeners insight from industry titans Jay Parker, CEO of Douglas Elliman Florida and Michael Stern, founder and Managing Partner of JDS Development.
Douglas Elliman and JDS Development hosted an in-depth panel discussion on July 26 exploring both developing and selling Monad Terrace as well as reviewing Miami Beach's current real estate market. The panel gave listeners insight from industry titans Jay Parker, CEO of Douglas Elliman Florida and Michael Stern, founder and Managing Partner of JDS Development. The discussion was led by Lena Katz, a writer at Forbes and was hosted in the sales gallery at Monad Terrace. Parker and Stern explored the strength of the Miami Beach luxury real estate market and how there has been steady demand and still rising prices. The duo also discussed how the location of Monad Terrace allows residents to enjoy Miami Beach as a walking city, not needing to wait in heavy traffic during high times such as Art Basel and Miami Music Week. Stern also credited Jean Nouvel for the unique design of the building and how the highly amenitized project has had steady sales under the watchful eye of Douglas Elliman Development Marketing.
Residences at Monad Terrace range from two- to five-bedrooms and 1,453SF to 5,350 SF of interior space. Features include private elevator access, custom kitchens and bathrooms by Jean Nouvel and sprawling outdoor terraces. The building offers a true indoor-outdoor living experience, featuring climbing gardens and reflecting pools that complement the property’s central lagoon and ocean views.
Construction on the project is well underway and is expected to be completed in fall 2019. The project's design, which was designed in collaboration with the Miami based Kobi Karp fuses environmental responsibility with innovative climate resilience features into the architecture, starting by elevating the building 11.5', well over Miami Beach standards.The tower is expected to go vertical in Spring 2018 and estimated to be completed in Fall 2019. Sales and marketing for Monad Terrace is managed exclusively by Douglas Elliman Development Marketing.
Bal Harbour Shops has unveiled its fully leased, 200,000-square-foot West Shops expansion, with 30 luxury boutiques and flagship stores and openings continuing through 2028.