Terra And GFO Investments Deliver Tallest Tower in Miami Beach, Five Park Miami Beach
Miami Beach-In 2020, David Martin and Russell Galbut sat down to conceptualize a challenging yet coveted project—a parcel of land at Miami Beach’s entrance, primed for development. Driven by Terra’s commitment to resiliency and conscious design, the two developers envisioned Miami Beach’s tallest tower, featuring luxury residences, top-tier amenities and a public park.
Miami Beach-In 2020, David Martin and Russell Galbut sat down to conceptualize a challenging yet coveted project—a parcel of land at Miami Beach’s entrance, primed for development. Driven by Terra’s commitment to resiliency and conscious design, the two developers envisioned Miami Beach’s tallest tower, featuring luxury residences, top-tier amenities and a public park designed to meet environmental and community goals. Now complete, Five Park Miami Beach, the first new luxury residential tower in Miami Beach in over a decade, delivers an unmatched product to a high-demand market, showcasing innovation and foresight while enhancing the city’s access to green spaces.
Initially proposed as a building occupying six to seven acres, the developers adapted the plan, reducing the tower’s footprint to two acres and dedicating the remaining acreage to green space. To gain additional height, they donated the adjacent three-acre Canopy Park, now open to the community.
Now complete and standing 48 stories tall at the entrance to South Beach, Five Park holds the title of the tallest tower in Miami Beach, serving as an iconic gateway to the highly coveted island community. The project showcases the elevated standard that only legacy developers can bring, conceptualized by a compilation of the greatest leaders and visionaries at every level.
“Five Park exemplifies our commitment to creating iconic developments that elevate urban living and help cities realize their full potential,” said David Martin, CEO of Terra. “This tower offers world-class amenities and exceptional design, while seamlessly integrating with Miami Beach’s cultural fabric and enhancing the area’s resiliency.”
A visionary design team of nearly a dozen icons, tastemakers, architects, designers and brands was assembled to create the most elevated residential experience from the inside and out. The team includes Arquitectonica, the lead architectural firm; New York-based firm Gabellini Sheppard for interiors; design maven Anda Andrei, who served as design director bringing her expertise from iconic projects including the Delano South Beach, Gramercy Park Hotel and more; Cultured Magazine’s Sarah Harrelson who led the art curation; and French conceptual artist Daniel Buren, whose works can be found in the Tate Modern, Palais Royal and Museum of Modern Art, for the iconic Canopy Bridge design. Interior designs for residences include models by Meyer Davis, RH, B&B Italia and Addison House.
“The design concept for the building combines every element of Miami Beach alongside a fusion of hospitality and residential features to create an incredible quality of life,” says Anda Andrei, design director of Five Park. “From the residents-only club to the landscape of the amenity deck that aim to create surprising new environments and stunning escapes at every turn, all components are creating an evolved living standard.”
Delivered in 2022, the three-acre Canopy Park serves as a “green lung” for the city, harmonizing with surrounding ecosystems and offering features like a botanical garden, interactive MONSTRUM playground, dog park, and event lawn. Designed with resilience in mind, the park includes varied topography for stormwater management, a “Dry River” bioswale system to filter rainwater, and a 25,000-gallon underground cistern for irrigation. Native plants promote biodiversity and habitat restoration, while salt-tolerant grass and a broad tree canopy enhance sustainability.
The Daniel Buren-designed Canopy Bridge, set to break ground this month, will offer pedestrian access via the 158-foot-long enclosed overhead artistic bridge connecting Five Park to the South of Fifth neighborhood for the first time.
“Five Park represents the dynamic evolution of Miami Beach," said Russell Galbut, Chairman of GFO Investments. "The tower, along with the Canopy Bridge pedestrian walkway to South of Fifth and Canopy Park, introduces a level of design and innovation that the neighborhood has not seen before. We are proud to collaborate with the city to bring these transformative experiences to our community.”
As the first tower to be delivered to Miami Beach in over a decade, it also presents a unique opportunity for brand-new, move-in-ready, luxury residences to the Miami Beach market. The advanced delivery compared to the rest of the activity for new residential development still in development, permitting or proposed phase demonstrates the developers’ unique foresight and capability to launch ahead of the rest of the market.
“Miami’s appeal grew stronger during the pandemic as families began putting greater emphasis on quality of life and more businesses embraced remote work,” said Martin. “Today, Miami is viewed as a desirable place to grow a business, raise a family and invest capital. All of this supports our thesis at Five Park, where our team of design, urban planning, and artistic visionaries are reimagining the idea of luxury living in Miami Beach.”
The tower has attracted a diverse demographic that reflects the growth of Miami’s evolving real estate landscape. Buyers for the project come predominantly from domestic markets, with strong interest from Northeastern cities such as New York, Connecticut and Boston.
Five Park Miami Beach offers 50,000 square feet of meticulously curated amenity spaces for its residents. At the heart of these amenities is The Park Club on the sixth floor, anchored by the Cafe Flora serving seasonal menus by James Beard award-winning chef Michelle Bernstein. Additionally, the amenity deck boasts a selection of pools with covered cabanas and loungers for poolside relaxation, all with sweeping city and bay views. Inside, residents can enjoy a variety of wellness, work and entertainment spaces, including a fully outfitted gym and spa, treatment rooms, a co-working area with private offices and board rooms, screening rooms and more. Residents also have their very own stretch of sand and sea with the tower’s branded beach club accessible via chauffeured Five Park Moke.
On the ground floor, residents have direct access to their backyard oasis, Canopy Park, offering a refuge from city living.
The move-in-ready residences at Five Park range from one to four bedrooms and start at $1.5 million. The tower’s unique elliptical form allows for 360-degree panoramic views of the city, beach and bay, maximizing natural light and providing residents with expansive floor plans and balconies that emphasize connectivity to the outdoors. Fully furnished model homes by RH, B&B Italia and Addison House are available for view and purchase for a turn-key experience.
Moss Construction successfully oversaw the tower’s construction, delivering the project on schedule. The firm has also recently begun work on Villa Miami, one of Terra’s latest projects in Edgewater, a luxury condo tower branded by Major Food Group as well as Jean-Georges Miami Tropic Residences in Midtown Miami.
Images via Five Park Miami Beach
For more information about Five Park Miami Beach or to inquire about purchasing a unit please fill out the form below:
Check Out This Waterfront Compound in Miami Beach Which Sold For A Record Breaking $22.954 Million
Miami Beach’s Biscayne Point neighborhood has just witnessed a record-breaking sale, with a compound at 1470 Daytonia Road fetching a staggering $22.954 million. This sale has set a new benchmark for the area, doubling the previous record for the island.
Miami Beach’s Biscayne Point neighborhood has just witnessed a record-breaking sale, with a compound at 1470 Daytonia Road fetching a staggering $22.954 million. This sale has set a new benchmark for the area, doubling the previous record for the island.
Spanning across three combined lots totaling 33,750 square feet along the bay, this expansive estate offers the ultimate waterfront lifestyle. Boasting over 14,000 square feet of livable space, the property features six bedrooms, two dens, eight and a half bathrooms, a media/movie room, and a wine room capable of holding 250+ bottles.
Designed by Sardinas Architects, the home features double height windows that flood the interiors with natural light, while the interiors by B Pila Design Studio showcase intricate details such as terrazzo floors with custom mosaic. The gourmet kitchen is equipped with top-of-the-line Miele appliances, an industrial fridge and freezer, and a subzero fridge.
The outdoor area is equally impressive, with 225 linear feet of water frontage, a covered terrace, dual spiral staircases, a summer kitchen with a BBQ, a pool, and two docks that can accommodate up to a 160-foot yacht. Additionally, the estate includes two garages and a driveway that can hold up to 30 cars.
The seller was represented by Gaby Chariff and Carlo Dipasquale with Compass, while the buyer was represented by Dina Goldentayer with Douglas Elliman. Both parties declined to comment on the sale. This sale underscores the high demand from high net worth individuals for combined properties and large estates in the Miami Beach area.
Images via Legendary Productions
Pair of Neighboring Estates On Miami Beach's Iconic North Bay Road Close For $30 Million
A pair of adjacent estates on Miami Beach’s North Bay Road, internationally known as “Millionaire’s Row,” have traded for $30 million. The North Bay Road properties, purchased by billionaire Richard Saghian, are directly across the street from one another.
A pair of adjacent estates on Miami Beach’s North Bay Road, internationally known as “Millionaire’s Row,” have traded for $30 million. The North Bay Road properties, purchased by billionaire Richard Saghian, are directly across the street from one another and include a contemporary waterfront mansion and a lush Mediterranean villa.
5718 North Bay Road, which has 75 feet of frontage on Biscayne Bay, and 5725 North Bay Road, which is directly across the street, inland, sold to billionaire Richard Saghian, best known as the founder and CEO of fast-fashion company Fashion Nova. Saghian, who has an impressive collection of trophy homes, will continue to live full-time in Los Angeles, but plans to enjoy both Miami Beach residences as a vacation retreat. Saghian worked with Maurice Boschetti of Boschetti Realty Group, LLC.
The seller, Ami Shashoua, who owned both properties, worked with Berkshire Hathaway HomeServices (BHHS) EWM Realty’s Nelson Gonzalez. Shashoua’s successful career has involved work with financial institutions and tech companies, as well as real estate development and sales.
“Our tropical, tax-friendly market and rapidly growing economy continue to be a hotbed of activity…with these spacious, waterfront enclaves, in particular, being repeatedly singled-out by the globe’s one percent,” Gonzalez continued. “This buyer originally looked at this home 10 months ago, but we stayed on top of him. It took him a little while to recognize the opportunity he had to acquire one of the very few available modern mansions in this exclusive enclave.”
“Richard (Saghian) wanted a prime location and the best view of the skyline and open water – which can be a difficult feat,” said Boschetti. “He knew that the chance to own two luxury homes on coveted North Bay Road, taking full advantage of the ultimate Miami Beach lifestyle and views, was an opportunity that couldn’t be overlooked.”
From its tranquil, private setting along Biscayne Bay, the North Bay Road enclave has historically been one of South Florida’s most sought-after. Just this week, David and Victoria Beckham closed on a $72.25 million sale within the community at 4736 North Bay Road. Other high-profile neighbors, past and present, have included Cindy Crawford and Rande Gerber, Karlie Kloss and Joshua Kushner, and business owners Wayne Boich, Josh Harris, and Marcello Claure.
Each residence in today’s transaction has been a standout in its own right, but together, they have formed the quintessential Miami Beach haven.
Built in 2022, 5718 North Bay Road is marked by a magnificent, 15,536-square-foot lot with 75 feet of premier waterfrontage. Inside, seven bedrooms, eight baths, and two half-baths are spread throughout 7,767 square feet of lavish living space, while walls of glass complement the home’s open, sunlit floorplan. In addition to a wet bar, state-of-the-art theater, an elevator, a gourmet kitchen, wine cellar, interior fishpond with stingrays, gym, and rooftop terrace, the home has a cabana with a summer kitchen, saltwater pool with a spa, and an outstanding, oversized dock. Adding to its unmistakable draw, the dwelling is defined by unobstructed, postcard-worthy views of Biscayne Bay and dazzling sunsets over Miami’s skyline.
Across the street, 5725 North Bay Road is a recently remodeled Mediterranean-style villa with four bedrooms and four-and-a-half baths – punctuated by 3,167 square feet of airy living space. The home’s 8,550-square-foot lot, enveloped in verdant landscaping, is anchored by a sparkling pool and outdoor spaces for breezy alfresco dining and gatherings.
“It’s a combined total of 11 bedrooms, 15 baths, 11,012 square feet of living space, 24,086 square feet of land, and 75 feet of waterfrontage,” Gonzalez concluded. “The uniqueness of this offering cannot be overstated.”
Images via Luxhunters Productions
Sunset Padel Opens As Miami Beach's First Indoor Padel Club in Sunset Harbour
Founded by Gianluca Vacchi and his partners Chris Paciello, Michael Stern, and Rafi Gibly, Sunset Padel is Miami Beach’s first members-only indoor padel club, set to redefine the city’s padel landscape for sports aficionados.
Founded by Gianluca Vacchi and his partners Chris Paciello, Michael Stern, and Rafi Gibly, Sunset Padel is Miami Beach’s first members-only indoor padel club, set to redefine the city’s padel landscape for sports aficionados. Located in the trendy Sunset Harbour neighborhood, Miami Beach's hub for health and fitness, Sunset Padel masterfully integrates elite sporting facilities with a chic, social ambiance.
“Sunset Padel represents a new pinnacle for padel in Miami Beach, merging state-of-the-art facilities with a refined, social environment. Our vision was to create a space where elite sporting performance meets exceptional luxury, setting a new standard for the game.” said Gianluca Vacchi, Co-Founder of Sunset Padel
With a visionary approach to padel, Sunset Padel offers four state-of-the-art indoor courts, featuring non-blinding linear lighting designed by Padel Galis—the world’s leading company from Spain—marking a first for Miami. These courts are surfaced with Mondo Turf, the most advanced material available, providing optimal biomechanical support for joints and ligaments while offering a soft, forgiving playing experience. The facility’s high ceilings further enhance the playing conditions, ensuring exceptional performance regardless of weather.
To complement the on-court experience, Sunset Padel includes a dedicated stretch-out area for flexibility and recovery, equipped with the latest fitness technology and supported by a personal stretch specialist and concierge service, ensuring members receive top-tier care. Further elevating the club’s offerings, is its sports program led by Pablo Ibáñez, Sunset Padel's Sports Director and Head Coach, a former World Padel Tour player who was instrumental in the success of Nueva Alcántara Club in Marbella, recognized as the World’s Best Club in 2023.
The club’s sophisticated design, highlighted by dark courts and terracotta accents, features impeccably crafted counters, bars, and wood paneling made from high-quality materials and finishes, evoking the atmosphere of an exclusive members-only club rather than a traditional padel facility. These elements elevate the overall ambiance, seamlessly blending luxury with functionality.
Sunset Padel also offers luxurious amenities including opulent changing rooms with spa-inspired showers, a meticulously curated pro shop featuring premium rackets and apparel from Padel Nuestro, and a thoughtfully designed juice bar serving refreshing, health-conscious beverages. This exclusive club is meticulously crafted to meet the discerning needs of its members, blending top-tier sports facilities with an upscale communal environment.
“Sunset Padel’s purpose is building a community with like-minded people who love the sport and want to be in a social setting no matter their playing level.” said Chris Paciello, Co-Founder of Sunset Padel
“We are proud to offer Miami Beach a facility that not only meets but exceeds the highest expectations in both design and functionality.” said Rafi Gibly, Co-Founder of Sunset Padel
Images via Sunset Padel
Step Inside Diesel Founder Renzo Rosso's Home Away from Home – The Exclusive Penthouse One at Pelican Hotel
PROFILEmiami brings an exclusive look inside Renzo Rosso’s home away from home—Pelican Hotel's exclusive Penthouse One, also known as the Owner’s Suite. As the founder of Diesel and President of OTB Group, Renzo Rosso is no stranger to transforming the ordinary into extraordinary.
PROFILEmiami brings an exclusive look inside Renzo Rosso’s home away from home—Pelican Hotel's exclusive Penthouse One, also known as the Owner’s Suite. As the founder of Diesel and President of OTB Group, Renzo Rosso is no stranger to transforming the ordinary into extraordinary, and this lavish suite is no exception. Just as Rosso revolutionized the fashion world with Diesel’s bold, rebellious designs, he has infused his signature style and creative vision into the heart of Miami Beach’s Pelican Hotel.
Stepping into the Penthouse One reveals a space adorned with signature Art Deco artifacts and modern amenities that capture the vibrant spirit of the Pelican Hotel. Every inch of this retreat has been designed with sophistication and relaxation in mind, reflecting Mr. Rosso's deep connection to the Pelican—his personal sanctuary whenever he's in Miami.
This luxurious presidential suite spans the entire width of the hotel, offering a private terrace with panoramic ocean views; even with a direct ocean view from the bedroom's alcove nestled in the living space. As one of Miami Beach's most exclusive penthouses, guests can experience over 1,200 sq. ft. + private terrace with oceanfront views. The penthouse features a built-in copper bar, private hot tub, 235-gallon tropical aquarium, sun beds on the private terrace and a dining table for 8 for private events.
Bookable exclusively through the hotel, this suite epitomizes the seamless blend of history and luxury that Renzo Rosso envisioned for the property. As Pelican Hotel celebrates its 30th Anniversary this year, it continues to symbolize Ocean Drive’s vibrant resurgence and the timeless appeal of luxury hospitality.
Images via Pelican Hotel
Pair of Highest Penthouses In Miami Beach Revealed Atop Five Park Listed At $19 Million and $20 Million
Miami Beach’s highest penthouses have hit the market for the first time, crowning Five Park, the tallest building in Miami Beach. The residences are listed at $20 and $19 million and are designed by New York design studio Meyer Davis, known for clients like Four Seasons and Auberge Resorts Collection.
Miami Beach’s highest penthouses have hit the market for the first time, crowning Five Park, the tallest building in Miami Beach. The residences are listed at $20 and $19 million and are designed by New York design studio Meyer Davis, known for clients like Four Seasons, Auberge Resorts Collection and designing Oscar de la Renta's worldwide boutiques. The landmark project, developed by David Martin (Terra) and Russell Galbut (GFO Investments), features a striking 48-story tower and the adjacent Canopy Park, a backyard community oasis spanning three acres.
Canopy Penthouse 01, priced at $20 million, boasts four bedrooms, six baths, a powder room, an office, a media room, and a full open kitchen plus a prep kitchen. With a total of 7,923 square feet, including a 1,863-square-foot terrace, residents can enjoy stunning bay, ocean, and park views.
Canopy Penthouse 02, priced at $19 million, features a similar floor plan with four bedrooms, six baths, a powder room, office, media room, open kitchen, and a closed prep kitchen. This lavish residence offers 7,756 square feet of living space, including a 1,868-square-foot outdoor terrace with panoramic views.
Five Park features over 50,000 square feet of amenities including the Canopy Club, which spans 40,000 square feet perched atop the tower offering sophisticated social spaces, including a private dining room, jewel box bar and lounge, living rooms, library, den, outdoor terraces, wellness and fitness areas. The Park Club amenity deck, which is an addition to the restaurant, features an expansive pool and café terrace with covered cabanas, loungers and intimate social spaces. Inside, residents can enjoy a fully outfitted gym, spa treatment rooms, co-working spaces with private offices and board rooms, screening rooms and more. The development also includes the construction of a 158-foot-long enclosed bridge designed by French conceptual artist Daniel Buren. The Canopy Bridge connects Five Park’s site to the South of Fifth neighborhood for the first time.
For more information about Five Park or to inquire about purchasing a unit please fill out the form below:
Ella Miami Beach Launches New Short-Term Rental Approved Studio Residences
Vietmar, Constellation Group and The Boschetti Group have revealed a new line of 30 studio units at Ella Miami Beach, redefining affordable luxury in the heart of Miami Beach. Priced starting in the $500,000s, these studios provide an accessible entry into the exclusive Miami Beach market.
Vietmar, Constellation Group and The Boschetti Group have revealed a new line of 30 studio units at Ella Miami Beach, redefining affordable luxury in the heart of Miami Beach. Priced starting in the $500,000s, these studios provide an accessible entry into the exclusive Miami Beach market, perfect for pied-à-terre seekers and savvy investors seeking passive income.
Meticulously designed to optimize space and functionality, the elegant studio residences, each spanning approximately 340 square feet, feature thoughtfully integrated built-ins, sleek kitchens, ample closet space, and smart storage solutions, ensuring a seamless and meticulously designed living experience. Embracing the outdoors and beautiful Miami Beach weather, each studio also includes a private terrace.
Ella Miami Beach offers a luxurious and convenient lifestyle with a prime location just two blocks from the beach and surrounded by top retail and dining options. The low-density design of only 103 residences ensures a sense of exclusivity and privacy. Unrivaled amenities, including access to a private beach club, coworking space, a resident lounge, and a rooftop deck with a pool, fitness center, and meditation/yoga lawn, provide residents with endless opportunities for relaxation and recreation. Onsite parking and property management make life at Ella Miami Beach seamless and convenient.
With competitive pricing starting in the $500,000s and fully furnished, turnkey studios available, this is the perfect opportunity for those looking for a luxurious beachside retreat. Additionally, the option for short-term rentals, operated by Nomada Residences, allows for the potential for hassle-free passive income.
"We are excited to introduce these studio units, which provide an unrivaled value proposition for those looking to invest in Miami Beach," said Eduardo Otaola, Managing Principal of Constellation Group. "With its prime location, exceptional amenities, and competitive pricing, these studios are set to become a coveted asset for both personal use and investment purposes."
"The launch of these studios aligns perfectly with our mission to deliver high-quality, functional, and aesthetically pleasing living spaces," said Jose Boschetti, Managing Principal of The Boschetti Group. "We are confident that this new offering will exceed the expectations of both residents and investors, offering a unique blend of luxury, convenience, and classis Miami Beach style."
Ella is designed by world-renowned architecture firm, Arquitectonica. "We drew inspiration from Miami Beach's art deco period, integrating modern elements and nautical themes to create a building that is both nostalgic and forward-looking," said Raymond Fort, Vice President and Designer at Arquitectonica. "Our goal was to capture the essence of Miami Beach's historical charm while providing contemporary functionality and elegance."
The award-winning Interiors by Steven G team has provided fully furnished packages for all the units, blending classic art deco elements with modern design to create a stunning and efficient living space. "We wanted to create interiors that evoke the glorious heyday of Miami Beach, combining the rich textures and bold geometry of art deco with the clean lines and practicality of modern design," said Steven G, owner of Interiors by Steven G. "The result is a beautiful, functional, and luxurious experience for residents."
The new studios at Ella are expected to attract significant interest from both domestic and international buyers. The combination of luxury, affordability, and investment potential makes this development a standout choice in the Miami Beach real estate market.
For more information about Ella Miami Beach or to inquire about purchasing a unit please fill out the form below:
Waterfront Home On Miami Beach's La Gorce Island Sells For $62.5 Million
A new construction waterfront home set on the exclusive La Gorce Island has sold for $62.5 million. Located at 98 La Gorce Circle, the contemporary villa was designed by Choeff Levy Fischman and developed by Philippe Harari’s Aquablue Group.
A new construction waterfront home set on the exclusive La Gorce Island has sold for $62.5 million. Located at 98 La Gorce Circle, the contemporary villa was designed by Choeff Levy Fischman and developed by Philippe Harari’s Aquablue Group. Mirce Curkoski & Albert Justo with The Waterfront Team at ONE Sotheby's International Realty represented the seller; the buyer was represented by Jill Eber with The Jills Zeder Group.
The home achieved LEED Gold-Certification and spans 7 bedroom, 10 full bathrooms and 3 half bathrooms, situated on an expansive 31,800-SF property overlooking the water. The contemporary design features an abundance of water features, imposing entrance in bronze, book-matched travertine & Japanese white oak. The unrivaled interior with finishes in leather, marble & luxurious wall coverings handcrafted by Italian artisans. The home also features a 1,800 SF master suite, large rooftop, expansive terraces, gym & spa, home theatre, office, chef’s kitchen, Crestron smart home system, entertaining areas and a marble wine cellar. Outdoors features an 88’ long cascading infinity-edge pool/jacuzzi, outdoor kitchen and fire pit; as well as a dock for large yacht.
Kobi Karp-Designed Villa17 Townhome Development Launches Sales in Miami Beach
Regency Development Group, in partnership with renowned architect Kobi Karp, have revealed Villa17, an exclusive enclave of luxury townhomes situated at the corner of 17th and Jefferson Avenue in Miami Beach.
Regency Development Group, in partnership with renowned architect Kobi Karp, have revealed Villa17, an exclusive enclave of luxury townhomes situated at the corner of 17th and Jefferson Avenue in Miami Beach. Villa17 has appointed esteemed Douglas Elliman agent Darin Tansey to oversee sales and marketing initiatives for the luxury townhome development.
Comprised of just 10 meticulously designed townhomes, Villa17 offers discerning buyers an unparalleled blend of sophistication and city living. Each residence will feature 4 bedrooms and 4.5 bathrooms starting at $3,500,000. Interiors will be led by the acclaimed design firm Yodezeen. Buyers will have the opportunity to select from three distinct design options as well as customizable features, complemented by top-of-the-line finishes and fully furnished interiors, embodying the epitome of turnkey luxury.
"Villa17 represents a unique opportunity to experience the quintessential Miami Beach lifestyle," said Michael Troyanovsky, Managing Partner and Vice President of Marketing and Sales at Regency Development Group. "Situated in the heart of Miami Beach, just steps from Lincoln Road and the beach, Villa17 caters to the discerning tastes of today's luxury buyers. With Darin Tansey at the helm, we are confident in the success of this remarkable project."
Residents of Villa17 will enjoy exclusive access to their own private elevator, traversing four floors to reach their secluded rooftop retreat. Custom finishes include Poliform kitchens and closets, with bathrooms by Antonio Lupi, state-of-the-art kitchens equipped with Miele appliances and a private 2-car garage, ensuring both convenience and security.
“Villa17 fills a unique niche in the Miami Beach market, catering to the demands of discerning buyers seeking privacy, luxury, and unparalleled lifestyle amenities. With its exquisite design, prime location, and customizable features, Villa17 is poised to redefine luxury living in Miami Beach,” said Darin Tansey, Executive Director of Luxury Sales at Douglas Elliman.
Floor plans at Villa17 range from 2,500 to 3,000 square feet, boasting expansive 10-foot ceilings that frame the picturesque views of Lincoln Road or the meticulously landscaped garden terrace. The 10 customizable townhomes also offer a sky deck, allowing buyers to customize their private rooftop terrace to their exact specifications. Villa17 perfectly balances convenience with sophisticated minimalism, offering residents the ultimate luxury city lifestyle amidst the vibrant energy of Miami Beach.
Black Lion Acquires Miami Beach Office Building For $62.5 Million And Reveals Renderings Of Rockwell Group Luxury Renovation
President of Black Lion, Robert Rivani, the real estate and hospitality visionary who has invested over $250 million into Miami real estate in the past few years, is venturing into the commercial office sector with his largest and most ambitious acquisition to date, the $62.5 million purchase of ‘The Lincoln’ in Miami Beach.
President of Black Lion, Robert Rivani, the real estate and hospitality visionary who has invested over $250 million into Miami real estate in the past few years, is venturing into the commercial office sector with his largest and most ambitious acquisition to date, the $62.5 million purchase of ‘The Lincoln’ in Miami Beach. Robert has plans to invest an additional $50 million to reimagine the property into ‘Class X’, an innovative concept that aims to redefine luxury and service standards in the office industry. Named the ‘Rivani’, the reimagination will deliver a meticulously-designed, highly amenitized experiential office and retail property that transcends the standard, mundane office space.
“While luxury residential and hospitality projects push the boundaries of service and experience to attract discerning clientele, office spaces remain conventional, failing to meet today’s expectations. Companies are struggling to entice employees back to the workplace,” said Robert. “I see an opportunity to cultivate an environment that isn't just functional, but genuinely desirable - something people will truly want to be a part of. I am introducing a whole new category of office space that will reinvent the luxury office and set a new standard for the entire industry.”
Inspired by Robert’s travel to world-class destinations across the globe, ‘Class X Office’ will seamlessly integrate luxury with convenience, establishing elevated benchmarks for amenities, design, technology, and hospitality-infused services. Designed by renowned architecture and design firm Rockwell Group, ‘Rivani’ is poised to become a beacon office destination unlike any other, showcasing features you would find at an exclusive 5-star hotel, including a concierge, spa, meditation room, fitness center, salon, cafe, living room for meetings and gatherings, a podcast room, plus a Japanese restaurant and speakeasy. Members also gain access to private event spaces.
“Rockwell Group is thrilled to partner with Robert and Black Lion on this pioneering project,” said Shawn Sullivan, Partner, Rockwell Group. Rivani is an opportunity to bring a luxurious, tailored, and timeless experience to Miami’s office sector. We were inspired by the dichotomy of French and Japanese design influences: Sophisticated, layered, artful moments juxtaposed with meditative, distilled and crafted spaces. Throughout, we celebrate exquisite views, the geometry of the existing building, and the lushness of Miami.”
"Rivani is redefining Miami's office design landscape by seamlessly blending opulent hospitality with a tranquil, wellness-centric ethos,” said Carlos Rodriguez from Escala Forma Studio. "Through a harmonious fusion of calming aesthetics and high-end amenities, our design transforms the workspace into a sanctuary of style, comfort, and productivity, elevating the overall work experience."
Ideally located in the heart of Miami Beach at 1691 Michigan Avenue next to buzzy Sunset Harbor and Lincoln Road, the landmark property showcases 118,658-square feet of interior office space, 5,000 of which will serve as Black Lion’s new flagship Miami headquarters, 43,166-square feet of retail, and 318,000-square feet of parking. Current tenants include Apple, West Elm, William Sonoma, Morgan Stanley, and Coldwell Banker.
The building is one of the largest in the area and the transaction marks the largest office transaction in Miami Beach since 2016. Christian Lee and Sean Kelly from CBRE represented the seller while Jeremy Hakala, Clay Sidner and Brandon Shores with Newmark represented Black Lion in the transaction and will oversee leasing. Completion for the project is expected mid 2025.
“This transaction stands out as a milestone in South Florida’s commercial real estate industry, underscoring Black Lion's confidence in the area’s office and retail sector,” said Hakala. “At a time when people are betting against office ventures, Robert is boldly investing millions and going full force, positioning himself as a pioneer in redefining the asset class in a city that demands it.”
Within just 2 years since entering the Miami market, Black Lion has established a formidable presence, amassing a portfolio that now exceeds $250 million in South Florida alone and disrupting the real estate hospitality scene by signing world-renowned brands including Delilah at Brickell Bay Boardwalk, CATCH at the Continuum, Amara at Paraiso with chef Michael Schwartz, and Gekko by David Grutman.
“This marks an unbelievable personal and professional achievement for me,” said Robert. “Being able to close such a significant deal without partners or investors at the age of 34 is a dream come true, and validates what I have been working so hard to build. It wasn’t long ago that I was selling Jordan sneakers and being a serial entrepreneur. Now I’m buying my own office building, establishing my company headquarters there, and pioneering a whole new ‘Class X’ sector. This isn’t just a real estate transaction, but the start of an entirely new frontier for how people will experience luxury at the office.”
Mast Capital and BH Group have announced Raffles Residences Coconut Grove, the brand’s first standalone residential development, with 35 homes from $4.5 million and architecture by Brandon Haw.