Music Mogul Rick Ross Closes On 37 Star Island For $35 Million

Music mogul and rap superstar Rick Ross has officially closed on 37 Star Island Drive for $35 million. Ross says the purchase was "a major piece to the puzzle" in building his already robust real estate portfolio. 37 Star Island Drive is a 12,374 square foot, 6 bedroom home situated on a manicured 40,000-square foot lot with 100-feet of waterfront on Miami Beach’s exclusive and ritzy Star Island.

Jill Eber, Jill Hertzberg, Felise Eber, and Fabio Lopes of The Jills Zeder Group represented the seller, Yale R. Brown, the president of IMS Ventures and the managing partner of Columbus Ventures. Kimberly Knausz with ONE Sotheby's International Realty and Ross’ sister Tawanda Roberts, a real estate agent with Florida Realty of Miami, represented the buyer, Rick Ross, a rapper and record executive.

“He instantly fell in love with the grand entry, it has a very long driveway stretching towards the mansion that creates an air of real luxury. The architecture also played a part as it’s far beyond the ordinary modern home and he plans to enhance it to reflect his personal style,” said Knausz.

The gated Star Island has long been one of the most desirable neighborhoods in Miami, just across the MacArthur Causeway from the entrance to Fisher Island and Miami Beach’s South of Fifth neighborhood. Star Island is a man-made island in the middle of Biscayne Bay and located in the city of Miami Beach. The island was built by the Army Corps of Engineers in 1922 as part of a dredging project and was developed by Carl Fisher into an island for the rich and famous. The island is now home to celebrities and billionaires such as Gloria and Emilio Estefan, Philip Frost, Sean ‘Diddy’ Combs, Alex Rodriguez, Stuart Miller and Vladislav Doronin.

In March 2023 PROFILEmiami reported that Star Island had 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.

Over the past several years hedge fund heavyweight Ken Griffin, founder Citadel, has purchased an assemblage of five properties on the island for a combined $170 million. In 2018 Lennar Executive Chairman Stuart Miller acquired Thomas Kramer's former 4 and 5 Star Island Drive for $33 million and also developed an ultra-luxury spec home at 22 Star Island with Todd Michael Glaser which was designed by DOMO Design and sold for $49.5 million in an off-market deal overseen by David Solomon and David Miller in 2020.

37 Star Island Drive features a 12,374 square foot residence is situated on a manicured 40,000 square foot lot, featuring 100 feet of water frontage facing Biscayne Bay and offers direct bay and ocean access. The home spans six bedrooms plus an office space, eight full bathrooms and one-half bathroom. Elegant design and linear architectural details are featured throughout the home, plus custom millwork and use of rich woods, octagon-shaped ceiling accents with custom lighting, and oversized “Plaza Deck” terraces.

This impressive entry foyer greets with soaring 30-foot ceilings with a rotunda ceiling accent, while surrounding glass walls encase the foyer appearing to bring the outside water feature into the home. A custom hand-crafted winding mahogany-travertine staircase leads to a second-floor landing and seating area that overlooks the living room below and provides direct views to the pool and bay.

The oversized formal living room also features 30-foot ceilings, floor-to-ceiling windows streaming natural light, a custom-built fireplace with mahogany and burled wood accents, and direct access to a covered terrace with views to the pool and bay.

The chef’s kitchen offers granite countertops, a cooking and prep center island, top-of-the-line appliances and a large food pantry. A large butler’s pantry, a separate breakfast room and a spacious private dining room are adjacent to the kitchen.

Also on the first floor is an expansive entertainment/media room, an office den with rich mahogany paneled walls and beautiful custom detailed millwork, staff quarters with full bathroom, and full laundry room. There is three-phase power and a back stairwell/elevator shaft provisioned to add an interior elevator.

The spacious, first-floor principal suite features floor-to-ceiling windows with direct bay views and access to the pool deck, remote controlled black out/hurricane shutters, midnight wet bar, and spacious dual walk-in closets with custom built-ins. The gentlemen’s bathroom features travertine marble floors, a mahogany wood vanity and a large shared walk-in rain shower with steam that can be accessed from either side; the ladies’ bathroom boasts large slab marble floors, a bird’s eye maple vanity and mirror with inset lighting, mirrored ceiling and a Jacuzzi sunken spa tub.

On the second floor are four spacious guest suites, each featuring a full en-suite bathroom, high ceilings, walk-in closets and oversized “Plaza Deck” terraces. Two are east-facing and overlook the pool deck with direct views to the bay and South Beach; two are west-facing and overlook the front of the home and Downtown Miami.

Outdoor highlights include a large, covered terrace with al fresco dining tables leading to the pool; large heated pool featuring an automated pool cleaning system; covered summer kitchen/bar with TV, sink, BBQ; fountain, and Jacuzzi, surrounded by lush palms, tropical flowers, plants, and a Japanese Zen garden. A full cabana bathroom is located next to the pool. A private 40-foot dock with an electric and water pedestal can accommodate a large vessel.

Images via The Jills Zeder Group /1 Oak Studios

Cher's Former La Gorce Island Home Hits Market For $42.5 Million In Miami Beach

A legacy home on La Gorce Island which was once owned by popstar Cher in the 90’s, has hit the market for $42.5 million. The Spanish contemporary estate is draped in bougainvillea with an idyllic courtyard and was stylishly elevated to modernity by Menin Homes + Designs.

The six-bedroom, nine-bathroom abode features grand dual staircases, Brazilian oak flooring and a foyer with ceilings over 19-feet greet you upon arrival. Designed for hosting, the social rooms and formal salons lead to a chef's kitchen, plus an Art Deco-style bar with custom wallpaper and designated media den.

There are three upper bedrooms and a main level VIP suite, plus guest quarters with two privately accessed suites. A palatial primary is outfitted with a sitting room, marble clad bath with a stunning center shower for two, oversized custom closet, and a sunrise terrace.

Wellness amenities include a top floor fitness studio, cold plunge, outdoor shower, and spa. Outdoors find resort-style features with a 50-foot statement pool, waterside dining, sun deck, a chic Palm Beach style pool house with cabana bath, and ample green space all around. The property also features 158-feet of linear water frontage with a private dock. The ultra exclusive, gated La Gorce Island is home to only 30 waterfront homes and is a 24-hour patrolled community.

64 La Gorce Circle is listed for $42.5 million by Dina Goldentayer with Douglas Elliman.

Images via Become Legendary / Dina Goldentayer

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Lefferts Files Plans For 72B Miami Beach Luxury Condominium Across From Recently Revealed 72 Park

Just weeks after launching 72 Park in Miami Beach, Lefferts, a real estate development firm with properties in Miami and NYC, has submitted an application submission to Miami Beach’s Design Review Board to develop 72B, a 20-story luxury condominium located just south of Surfside. Tentatively named 72B, the condominium is one of four developments the New York City and Miami-based real estate developer is spearheading as part of its long-term commitment to revitalizing this Miami Beach neighborhood. The property will include commercial space, inclusive of food and beverage concepts, on the ground floor.

72B deliver as a 239,424 square foot luxury tower featuring 125-residences, located at 600 72nd Street Miami Beach, and will be designed by Arquitectonica. Exclusive Sales & Marketing will be managed by Douglas Elliman Development Marketing.

Lefferts estimates breaking ground on its latest project in Miami Beach’s desirable North Beach neighborhood in 2024, and expects to complete the condominium in 2027. Last month, Lefferts announced it had partnered with Cervera Real Estate to be the exclusive sales and marketing partner for its new condominium tower, 72 Park, just across from 72B at 580 72nd Street.

72 Park and this new luxury tower comprise two of the four residential developments Lefferts is spearheading as part of its long-term commitment to revitalizing this Miami Beach neighborhood, and ushering in a new era of investment and growth for one of the most desirable oceanfront communities.

“This close-knit Miami Beach community has an undeniable charm that is only exalted by the amazing public recreation spaces and locally owned businesses in the area,” said Jim Hedden, chief development officer of Lefferts. “We are deeply committed to preserving the fabric of the residential community while enhancing the quality of life and options available for families looking to make this slice of paradise their home.”

Renderings via Lefferts

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SHVO Locks Down $190 Million In Financing For The Raleigh Hotel & Residences, Miami Beach

SHVO, the ultra-luxury real estate development and investment firm led by Michael Shvo, has secured $190 million in new financing for The Raleigh Hotel & Residences, Miami Beach, a significant milestone in the next chapter of the iconic art-deco storied property. The loan, provided by BH3 Debt Opportunity Fund II, L.P. led by BH3 Management through its opportunistic credit platform, and facilitated by Walker & Dunlop's New York Capital Markets team, closed earlier this week. Construction is well underway and the property is on-track to open in 2026.

With a total investment of approximately $1 billion, including a substantial equity contribution of over $300 million, the restoration and expansion of The Raleigh by SHVO, in partnership with Deutsche Finance America and a group of German institutional pension funds,represents one of the single largest investments in Miami Beach and serves as a testament to SHVO’s commitment to bringing world-class design and architecture to the city.

Located on 1775 Collins Avenue and situated on an unprecedented three-acre oceanfront parcel, the return of The Raleigh will redefine Miami Beach's historic Art Deco district. The design, helmed by acclaimed architect Peter Marino in collaboration with Miami-based Kobi Karp Architecture, will feature a 60-suite full-service hotel managed by Rosewood Hotels & Resorts, a separate 17-story oceanfront tower with 42 Rosewood-branded residences, and a private member’s club with Michelin-starred dining concepts.

“As we proceed with our meticulous restoration of The Raleigh, we continue to be inspired by its legacy of elegance, glamour and sophistication,” said Michael Shvo, Chairman and CEO of SHVO. “Our new financing will allow us to honor the historic significance of The Raleigh while ushering it into a new era of refined luxury, creating an unparalleled hospitality experience for generations to come.”

“BH3 is pleased to provide the financing for the first stage of construction for SHVO’s plan to restore and revive the iconic Raleigh property in Miami Beach,” said Gregory Freedman of BH3 Management. “Between SHVO’s track record of execution on other marquee luxury projects, the best-in-class team that has been assembled, including Rosewood and Peter Marino, and The Raleigh’s historic relevance and design, this will be a transformational project for Miami Beach.”

“This transaction underscores the reality that despite today’s challenging capital markets environment, liquidity remains readily available for proven sponsors determined to develop unique assets in established markets,” said Aaron Appel, Senior Managing Director and Co-Head of the New York Capital Markets team at Walker & Dunlop. “The collaboration between SHVO, Peter Marino and Rosewood Hotels & Resorts ensures that upon delivery, The Raleigh will be a truly market-defining project and a welcome addition to the rapidly changing landscape of Miami Beach.”

Elysee Investments Acquires Retail Property Across From Former Deauville Development Site For $5.5 Million

Elysee Investments, one of Miami Beach’s largest retail owners, $5.5 million sale of 6644 Collins Ave. in Miami Beach, an 8,700-square-foot corner retail property with four tenants. The one-story, freestanding building is located directly across the street from the famed, 3.8-acre Deauville Hotel site, which features 500 feet of beachfront. The Deauville Hotel site has made headlines for years as the famed hotel fell into an unsalvageable state before controversially being demolished. Miami Beach voters then rejected a proposal from Stephen Ross’ Related Companies to develop an Equinox-branded two tower hotel and residential luxury project designed by legendary architect Frank Gehry.

Berkshire Hathaway HomeServices EWM Realty top-producer and Senior Vice President Nelson Gonzalez marketing the property on behalf of the seller. Elysee Investments was assisted by Greg Greer of CRR of South Florida, LLC.

“This property represents tremendous opportunity at the epicenter of one of the area’s most exciting, up-and-coming beachfront neighborhoods,” said Gonzalez. “The building’s value is only set to skyrocket once the Deauville site is purchased and developed into a multi-billion-dollar, ultra-luxe condominium or hotel – which will be transformative for this part of North Beach and its future growth. Just a block from the sand, 6644 Collins Ave. is ideally positioned to capture a heightened inflow of foot traffic and high-end business activity as well-heeled consumers continue to descend on the area.”

All four tenants, Venezia Bar & Pizzeria, Pink Donuts, NoBe Yoga, and Mr. Blendz Barber Shop -- will remain in place.

Images via Luxehunters Productions

Witkoff Group and Monroe Capital Close On Record-Breaking Loan For Shore Club Private Collection

Witkoff Group, a Miami-based development and investment firm, and Monroe Capital, a premier asset management firm, have closed on a $430 million construction loan for Shore Club Private Collection, which is on track to be one of the fastest-selling luxury developments in Miami Beach’s history. Financed by J.P. Morgan, the loan is believed to be the largest for a residential construction project in South Florida. With two-thirds of inventory sold and sales already surpassing $550 million since its late January launch, Shore Club is readying to begin construction later this year for an expected completion in 2026.

“This record-breaking loan underscores the tremendous confidence the market has in Shore Club Private Collection,” said Alex Witkoff, Co-Chief Executive Officer of Witkoff Group. “The project has been leading luxury condominium sales in Miami since its launch, and we are setting a new standard in Miami Beach with prices per square foot consistently over $5,000 and the average home selling for more than $20 million. We’re thrilled to have reached these legendary milestones with such a prestigious investment partner as J.P. Morgan.”

Building on the rich history of Miami Beach’s Art Deco and modernism design style, while also fostering a seamless connection to its iconic location, Shore Club Private Collection will be home to 49 residences designed by award-winning New York-based firm, Robert A.M. Stern Architects. The architect is behind some of New York City’s most successful buildings, including 220 Central Park South and its predecessor, 15 Central Park West. Shore Club will be set on three oceanfront acres with lush botanical gardens curated by renowned landscape architect Nathan Browning of Island Planning Corporation.

The development is the first residential oceanfront project designed inside and out by Robert A.M. Stern and includes a ground-up new building, The Tower, a newly reimagined Art Deco building originally completed in 1939, The Cromwell House, and The Beach House, a signature single-family beach house. Each component relates architecturally yet is artistically distinctive, envisioned to maximize vistas and light with the curvature of each home to deliver a product that does not yet exist in the Miami market. The interiors further this vision, taking inspiration from yacht design and the patterns and movement of the ocean waves and sand on Miami’s coastline. RAMSA collaborated with Miami-based Kobi Karp Architecture & Interior Design on the architecture.

Rising 20 stories, the Tower features two- to six-bedroom residences ranging from 1,900 to more than 10,000 square feet with beautifully curved balconies, over 10-foot ceilings and floor-to-ceiling windows homes. Complete with private and semi-private elevators and private balconies, the Tower offers cinematic views of the Atlantic Ocean and sunsets. The eight-story historic Cromwell House will be preserved and reinvented as four premier residences, including three duplex residences and a penthouse. These homes will be four and five bedrooms featuring two-story great rooms with dramatic double-height ceilings, and the expansive full-floor penthouse. Finally, the Beach House will be the only private home on the oceanfront of Miami Beach and will span 6,000 square feet with three outdoor spaces totaling over 2,180 square feet.

The reinvention of the Shore Club Private Collection is a united vision in partnership with Auberge Resorts Collection. The residences will be serviced by Auberge but will offer privacy and seclusion within the five star resort. The collection of amenities and services exclusive to residents include a discreet porte cochere entrance, three separate swimming pools including a private residential pool, 75-foot lap pool and a leisure pool, state-of-the-art fitness center, library, lounge and other amenities. Auberge Resorts Collection’s one-of-a-kind reputation for intimate tailored service will also extend to the residences with numerous in-home offerings, as well as access to Auberge’s world-class spa, concierge services, housekeeping, beach club and culinary experiences, including in-residence dining, house sommelier services, a signature restaurant, poolside café and bar with dedicated cabana service, double-height café and bar leading to an outdoor lounge, and more.

Pricing at Shore Club Private Collection starts at approximately $6 million. Sales and marketing efforts for the project exclusively handled by Douglas Elliman Development Marketing.

Arquitectonica-Designed Boutique Condo 'Ella Miami Beach' Launches Sales In Miami Beach

Miami-based real estate development firms, Constellation Group, The Boschetti Group, and Vietmar have officially launched sales on Ella Miami Beach, a 10-story boutique condominium that will soon rise in the heart of Miami Beach, at 6940 Abbott Avenue. The new construction building is expected to break ground in the first quarter of 2024 and is slated for completion in 2026.

Located in the highly sought-after neighborhood of Miami Beach, the 95 residences will be exclusively marketed by ONE Sotheby’s International Realty. Featuring studios to two-bedroom floor plans, the residences will range from 434 to 1,076 square feet, with prices starting in the upper $400,000s, an attractive entry price for a new-build product in Miami Beach, where new construction pricing typically starts at approximately $1 million.

“We are truly excited to introduce Ella Miami Beach, as it brings an unparalleled value proposition to the new construction market in Miami Beach,” said Eduardo Otaola, Managing Principal of Constellation Group. “Its price point, connectivity to the beach, architecture, and amenity program position Ella Miami Beach to be the most attractive new construction project in the market today.”

Offering the best luxuries of Miami Beach living, Ella Miami Beach is replete with a sophisticated design and indulging amenities, and is situated within walking distance to the beach, popular restaurants, boutique shops, and a myriad of entertainment venues.

“Ella Miami Beach is the singular project for the area that responds to the demand for an intimate residential experience that offers real luxury at attainable price points,” said Daniel de la Vega, President of ONE Sotheby’s. “The development team has established an elevated benchmark for luxury living with flexible ownership in one of South Florida’s most dynamic neighborhoods.” Short-term rentals may also be permitted at Ella Miami Beach.

Inspired by Miami Beach’s Art Deco era, Ella Miami Beach is being designed by award-winning international architectural firm Arquitectonica, to include subtle Art Deco curves to the building with modern 21st-century lines that highlight the sweeping rooftop views that stretch from the city on one side to the ocean on the other.

“Ella Miami Beach is our proud contribution to preserving the rich history of Miami Beach while ushering in a new era of sophisticated living,” said Jose Boschetti, Principal of The Boschetti Group. “We believe the past has always shaped the present, and this classic, yet contemporary development is no exception. With its effortless charm, Ella Miami Beach highlights Miami Beach’s past while offering buyers a unique opportunity to be part of its exciting future.”

Primed for seamless indoor/outdoor living and entertaining, each residence features gracious terraces with select homes offering impressive views of Biscayne Bay, the Atlantic Ocean, and the Miami skyline. Punctuating the style and sophistication of the project, each of the residences will be delivered with approximately 9-foot-high ceilings throughout, contemporary ItalKraft kitchens with stone countertops and JennAir appliances, as well as European-inspired designer closets. For a completely turn-key residential experience, exclusive bespoke Interiors by Steven G packages are available for purchase.

“For buyers who seek classic Miami Beach living and prefer the intimacy of a full-service boutique building, Ella Miami Beach is unmatched,” added Rainer Viete, Vice President at Vietmar. “We are very excited to be developing this stunning new project and to be working alongside Constellation and The Boschetti Group.”

Among the many signature elements that enhance the experience of being an owner at Ella Miami Beach is a suite of amenities that include a rooftop pool and fitness center with boundless views of Biscayne Bay and Miami, a paddle/pickleball court overlooking the Atlantic Ocean, residents’ lounge, summer kitchen with an outdoor dining area, and an observation deck and lounge. Its wellness amenities include an outdoor yoga and meditation deck, cold plunge, and sauna. Other conveniences consist of a coworking area, complimentary beach cruisers, bike and beach toy storage, and more.

Ella Miami Beach’s Sales Gallery is located at 6897 Collins Avenue in Miami Beach.

Lefferts To Launch Short-Term Rental Approved Tower '72 Park' In Miami Beach

The NYC and Miami-based development firm, Lefferts, has revealed 72 Park, a short-term rental approved condominium tower coming to Miami Beach. Slated for completion in early 2024, this will be the first new luxury tower on Miami Beach to permit vacation (or short-term) rentals and will offer 206 units ranging from 470 to 1,177 square feet with prices starting from the $700,000s. The topping-off ceremony for 72 Park is estimated to take place in July 2023. Lefferts has selected Cervera Real Estate to be the exclusive sales and marketing partner for 72 Park.

Located at 580 72nd St., just south of Surfside, the stunning 22-story project by national architecture firm Built Form is centrally located within a pedestrian-friendly neighborhood where residents and guests can enjoy the best of both worlds: a peaceful, charming beachside community alongside the excitement of Miami Beach with instant access to recreation, restaurants, retail, music, arts and culture. When complete, the luxury tower will offer residents spectacular 360-degree views extending from the Atlantic Ocean to the Intracoastal Waterway, including Downtown Miami.

The luxury condominium is conveniently located on the park, just steps away from the beach, the Miami Beach Tennis Academy; North Shore Park, a sprawling indoor and outdoor sports and recreation complex featuring 12 tennis courts, pickleball and two baseball fields; the Miami Beach Bandshell outdoor amphitheater; a historic cultural center; Normandy Shores Golf Club; and the new Miami Beach Aquatic Center and Park, which will house an Olympic-size pool, a community library, a fitness center, a three-acre park and 10,000 square feet of retail. Beach service is provided for residents, including transportation and complimentary use of recreational equipment such as Boogie Boards, paddleboards, bikes and more.

“Where coastline meets culture, 72 Park embraces the spirit of the existing beachside community while introducing state-of-the-art amenities and exciting new retail and restaurant brands to the thriving neighborhood,” said Jim Hedden, chief development officer of Lefferts. “This spectacular property is the genesis of Lefferts’ commitment to further enhancing the local Miami Beach community, and we are eager for its completion in early 2024.”

With interiors and landscapes designed by Urban Robots Associates, the LEED Gold-certified condominium tower includes Jr., one-, two-, and three-bedroom units that combine luxury and style with spacious floor plans, high ceilings, deep balconies, Italian cabinetry, imported stone and energy-efficient appliances. All units will be offered fully furnished and will include floor-to-ceiling, impact-resistant glass; keyless entry with SALTO and smart access controls; individually controlled and energy-efficient central AC and heating systems; premium bathroom fixtures, hardware and accessories. Advanced smart building features include high-speed, fiber-optic Wi-Fi access throughout and five high-speed passenger elevators with access control.

The property also features 64,000 square feet of luxurious amenities for residents, including an expansive 35,000-square-foot amenity deck with nearly an acre of lush, tropical landscaping; a 150-foot-long resort-style pool with cabanas; a bar and lounge with indoor-outdoor seating; a state-of-the-art fitness center with yoga lounge; 24/7 coworking lounge with private “pods”; kids playroom; private outdoor barbecue area; a private rooftop featuring a sun deck with dining areas and grills; and an outdoor screening area for movie nights and sporting events.

Other building features include a double-height lobby with wrap-around floor-to-ceiling windows showcasing 8,500 square feet of prime, ground-floor retail space, including the forthcoming Roberta’s restaurant and pizzeria by two-Michelin-starred chef Carlo Mirarchi.

The project at 72 Park is one of four residential developments Lefferts is spearheading as part of its long-term commitment to revitalizing this Miami Beach neighborhood and ushering in a new era of investment and growth for one of the most desirable oceanfront communities. The firm is applying its more than 20 years of residential and commercial real estate expertise to revitalize the heart of Miami Beach, located just south of Bal Harbour and Surfside and north of the iconic Fontainebleau Miami Beach. The pedestrian-friendly neighborhood is within walking distance of the beach and features Miami Modernist (MiMo) architecture and ample green space, including North Shore Open Space Park, the largest park in Miami Beach, which recently underwent a multimillion-dollar renovation.

Black Lion's Robert Rivani Lists Penthouse at The Ritz-Carlton Residences, Miami Beach For $8.8 Million

Real estate investor Robert Rivani of Black Lion has listed his penthouse at The Ritz-Carlton Residences, Miami Beach for $8.8 million with Dina Goldentayer of Douglas Elliman. Rivani acquired the penthouse in May 2022 for $7.5 million. The listing comes on the heels of selling his ground floor restaurant space at One Thousand Museum for $7.9 million which he acquired in October 2022 for $6.4 million. The sale came in an effort to free up capital for a future acquisition in Miami Beach.

Sophistication is key inside this 4 bed + media lounge, 5 bath penthouse at the building where Cindy Crawford and Rande Gerber nabbed a unit per media reports. The corner residence spanning 4,525-square feet is one of the largest in the building with 11-foot ceilings and expansive living spaces radiating in Eastern sunshine.

Stunning views of the Bay and Ocean are put directly on display with floor-to-ceiling windows encompassing the entirety of the penthouse. Sleek light toned interiors enhance the setup with thoughtfully curated features throughout. Find a custom eat-in kitchen by Boffi equipped with Gaggenau appliances, marble counters, and a large walk-in pantry. The dining room showcases a gorgeous blue statement chandelier. The primary suite is reminiscent of a jewel box with textured velvet touches showcasing water views from almost every angle.

Since last year, Black Lion has secured over $100 million+ in acquisitions across South Florida with a rapidly expanding portfolio of restaurant/hospitality properties from Miami Beach to Wynwood, Brickell and Downtown – including the space for Gekko by David Grutman x Bad Bunny; Amara at Paraiso with chef Michael Schwartz; Wynwood Jungle with a newly opened Fable rooftop restaurant; Delilah at Brickell Bay boardwalk and more.

Designed by Piero Lissoni, The Ritz Carlton Residences Miami Beach offer boutique South Florida living on the bay with a private marina, a rooftop pool deck with cabanas and poolside grille, meditation garden, Club Room with a pool table and virtual golf, Spa and state-of-the-art Fitness Center, Art Studio and a fully equipped Kid’s Room and an elite concierge to assist with residents every need.

4701 N Meridian Ave, Miami Beach LPH02 is listed for $8.8 million by Dina Goldentayer with Douglas Elliman.

Arquitectonica-Designed 42 Pine Tops Off Luxury Boutique Condo In Miami Beach

The Arquitectonica-designed 42 Pine, the highly anticipated boutique residential building at the nexus of iconic Pine Tree Drive and 42nd Street, has topped off, marking a milestone along its timeline for completion, which is estimated for Q1 2024. The eight-story building will reflect timeless sophistication and serve as a beacon for the neighborhood. The project secured $35.5 million in financing from BridgeCity Capital to begin building last year. Limited residences remain with prices ranging from $700,000 to $3,000,000.

“The pace of construction is impressive, and we are proud to be involved in a project that brings a new level of luxury to the area,” said Allan Lebovits, CEO of BridgeCity Capital. “This is a unique opportunity in a highly coveted pocket of Miami Beach, and the sales velocity to date is a testament to the strong demand for new luxury residences.”

The first full-service boutique condominium in the area offers 50 turnkey residences ranging from one to four bedrooms, including eight penthouses, meticulously crafted to deliver a bespoke lifestyle rooted in community and convenience. Spanning 700 square feet to 2,700 square feet for combined units, each elegantly appointed residence is delivered ready to be occupied, with Arquitectonica-designed interiors intended to maximize space and build a connection to the outdoors. Sweeping floor-to-ceiling windows and doors usher in an abundance of natural light, and private terraces with glass railings provide a seamless indoor/outdoor living experience.

“42 Pine is a defining project in one of Miami Beach’s most dynamic and walkable neighborhoods,” said Jay Phillip Parker, Chief Executive Officer of Douglas Elliman Florida and President of Douglas Elliman Development Marketing, Florida. “We are excited to be another step closer to delivering these unparalleled residences and their luxury lifestyle, which will set the precedent for new development around storied 41st Street.”

Residents will enjoy a host of resort-style amenities and services for every age. Thoughtfully curated indoor and outdoor spaces include an amenity deck with a 52-foot pool, relaxation spa, cabanas and poolside service, plus a yoga and meditation lawn–all surrounded by lush tropical landscaping. The property's state-of-the-art fitness center offers advanced cardio and weight-strengthening equipment complemented by an outdoor deck. Community-minded social spaces include a club and game room, media lounge, large outdoor terrace, and children’s play room. A dedicated team is available to anticipate residents’ every need, including concierge, doorman, valet, and porter service.

Located in one of the most sought-after residential neighborhoods in Miami Beach, at 340 W 42nd Street, residents can enjoy access to the beach, top-rated schools, fine-dining, houses of worship and boutique shopping experiences, all within walking distance.

Sales and marketing is exclusively managed by Mushka Jacobson with Douglas Elliman.

Images via Golden Dusk Photography | Renderings via 42 Pine