Douglas Elliman Reports $4.7 Billion Of Sales Volume In South Florida As The Firm Honors Top Agents At The Ellies

Douglas Elliman Real Estate, the nation’s third-largest residential real estate brokerage, celebrated the firm’s world-class agents from around the nation at the annual awards ceremony, The Ellies. Top performers from Florida, including the markets of Boca Raton, Fort Lauderdale, Miami, Miami Beach, Palm Beach, Aventura, Bay Harbor Island, Jupiter, Wellington, Delray Beach and Coral Gables, were among the honorees at this year’s event held at Mohegan Sun in Uncasville, CT.

Douglas Elliman Florida marked another banner year in 2018 with $4.7 Billion in closed transactions, up 30% from 2017. Nationwide, Douglas Elliman’s 2018 total sales volume was $28.1 billion, up 8% from 2017. The firm was responsible for 44,131 sales and rental transactions and was ranked the number three brokerage in the nation by sales volume. Douglas Elliman Florida marked a banner year in 2018, responsible for four out of the top eight single-family home sales for Miami-Dade County. The firm was also named the number one brokerage in Palm Beach County and in Miami Beach for total sales volume.

“Our wonderfully talented agents across the nation gave a very impressive performance this year, backed by a tremendous amount of dedication and passion for their work. We remain committed to providing all of our agents with the best in class technology, marketing and public relations to help them reach even greater heights in 2019, and we look forward to another triumphant year,” said Howard M. Lorber, Chairman, Douglas Elliman Realty, LLC.

“We’re thrilled to celebrate the accomplishments of our agents and their dedication to Douglas Elliman’s success,” said Jay Phillip Parker, CEO of Douglas Elliman Florida. “Due to their efforts, Elliman continues to dominate the market in South Florida, and we’re looking forward to continuing our expansion and leadership position in 2019.”

Leading the Top 10 Teams for Florida by Gross Commission Income (GCI) are The Carroll Group, based out of Miami-Dade County and Palm Beach County. They were followed by the Leavitt McIntosh Team (#2), Carmenate / Duchon (#3), The Randy & Nick Team (#4), the Bill and Bryan Team (#5), the Alexander Team (#6), Belmonte Sanchez (#7), the RMI Team (#8), The Senada Adzem Team (#9) and The Rubin [+] Morr Group (#10).

The Top 10 Agents for Florida by GCI are led by Martha W. Jolicoeur, based out of Wellington. She was followed by Gary Pohrer (#2), Maria Mendelsohn (#3), Paul Stuart Fishman (#4), Brett Harris (#5), Bohdan Mastykaz (#6), Raul Santidrian (#7), Kayce Driscoll (#8), Dina Goldentayer (#9) and Steven Menezes (#10).

The prestigious Pinnacle Club Award winners, presented to Florida agents and teams who made over $1 million in 2018, include The Carroll Group, Leavitt McIntosh Team, Carmenate / Duchon, The Randy & Nick Team, Bill & Bryan Team, the Alexander Team, Belmonte Sanchez, Martha Jolicoeur, RMI Team, The Senada Adzem Team, The Rubin [+] Morr Group, Gary Pohrer, Maria Mendelsohn, Pamela Fishman, The Goihman Group, The Darin Tansey Group, Robert Kemp, Brett Harris, Bohdan Mastykaz, The Bretzlaff Group, Raul Santidrian, The APT Team, Kayce Driscoll, and Dina Goldentayer.

ROVR Development's The Fairchild Coconut Grove Designed By Max Strang Tops Off At 75% Sold

The Fairchild Coconut Grove has topped off with sales surpassing the 75% in one of the hottest neighborhoods in Miami, Coconut Grove. The luxury boutique condo project is being developed by ROVR Development and was designed as a tropical-modern sanctuary by acclaimed local architect Max Strang. Strang fused natural elements and contemporary surroundings of Coconut Grove to create a chic waterfront living experience. The Fairchild Coconut Grove features 26 two to four bedroom residences ranging in size from 2,600 SF to 4,114 SF. Residences feature gourmet chef-inspired kitchens, spa-inspired bathrooms and spacious living areas. The building also offers a selection of high-end amenities which were designed by Architectural Digest AD100 designer Rafael de Cardenas and include a holistic wellness spa with Hammam, steam room, sauna, high-tech gym, lush landscaping, a sunset deck, outdoor cinema, and a rooftop pool with open water views and private cabanas.

The Fairchild Coconut Grove has limited inventory still available with ONE Sotheby’s International Realty exclusively handling sales for the property which is slated for completion in Fall 2019.

Images via Fairchild Coconut Grove / ONE Sotheby’s International Realty

For more information about The Fairchild Coconut Grove, private showings or purchasing/ leasing information please fill out the form below:

APEX Capital Realty Signs 3 More Tenants At URBAN 75th STREET In Little River

APEX Capital Realty has just closed on three new leasing deals for the 71,200 SF warehouse complex located at 300-320 NE 75th Street known as URBAN 75th Street. The three new tenants include celebrity recording studio House of Hits Recording Studio, Keto Kitchen and Belgium-based architecture/manufacturer M Design Group & Associates/ Wood Iron & Stone. They join Marvol JPS , a mobile phone equipment and supplies company, and fashion e-commerce company, PIXIE Market who signed and moved in last month, and two more new tenants are expected to sign next week (two e-commerce companies). The property, which is currently one of the bigger leasing assignments in the area, has quickly become a prime location for diverse businesses to relocate and expand– and serves as a great example of the type of industrial properties needed to support the continued expansion of e-commerce companies.

APEX Capital Realty, led by Miguel Pinto, recently acquired the 71,200 SF warehouse complex, located at 300-320 NE 75th Street in Little River, and developed the space focused on a flexible business space concept. Little River has been a hotbed for commercial development as prices in Downtown neighborhoods such as Wynwood continue to rise. URBAN 75th STREET is an innovative warehouse complex that has been redeveloped into a flexible multi-business space concept offering 24 industrial spaces which range from 2,500 SF to 3,350 SF and primed for tailored tenant build-outs which can be curated to meet the different workspace needs of each tenant and their diverse businesses. Each space offers an open loft style format, each division equipped to function as a live/work space as well. The leasing prices start at $19 SF modified gross lease. Perks for tenants include an on-site gated parking and state of the art 24/7 voice control security monitoring.

For more information about URBAN 75th STREET, private showings or leasing information please fill out the form below:

Metronomic, Inc. Announces First All-Female Construction Team To Build La Elaina In Little Havana

Miami-based real estate development company Metronomic, Inc. has announced an all-female construction team to build the first of its new infill multi-family development designs, La Elaina Apartments in Little Havana. The townhouse-style duplex building will make history by being the first building in Miami built entirely by women. Located at 857 & 859 SW 14 Avenue, the company plans to break ground on March 7, 2019, just in time to celebrate “Women in Construction Week”.

Promoting positive change in the community, Metronomic is leading the women in construction movement working with numerous sub-contractors to recruit the team of nearly 20+ female employees who are joining together to help break gender barriers in construction. The groundbreaking of La Elaina will also kick off National Women’s History Month. The company has also received support from Director and former President of National Association of Women in Construction’s Miami Chapter, Lucia Soria. She says, “the core purpose of our organization is to continue inspiring women and enhance their success in the construction industry. When women unite, they can accomplish anything, and I am proud to witness a company like Metronomic demonstrating this and making history in Miami.”

Leading the team will be Camila Osorio as Senior Project Manager. Camila has over 14 years of expertise in all aspects of the real estate development process and is currently the project manager for all Metronomic projects in Little Havana. Arlene Melendez will serve as Construction Coordinator with 18 years of construction and development experience in South Florida. The project will be constructed and managed entirely by women, which includes machine operators, excavators, masons, plumbers, electricians, carpenters, painters, and more.

“La Elaina is going to break barriers for women in construction, and we couldn't be happier to spearhead this movement,” says Ricky Trinidad, President of Metronomic, Inc. “We believe an all-female team will create positive change in the community – and hopefully encourage permanent change in a male-dominated industry”.

Designed by local architecture firm CLAD Architecture and Design, the two-unit building will span 5,800 SF and feature six bedrooms and six bathrooms rooms per residence. Each 2,850 SF unit will include an exterior terrace, kitchen, living room, private yard, 2-car covered parking and attractive interior and exterior finishes.

La Elaina is designed to offer larger or multi-generational families’ maximum comfort and convenience by providing separate living environments within the home. It is also suitable for families with special-needs children or relatives that require the special care of a live-in nurse, nanny or caregiver to live in the home, providing separate rooms for treatment and care. The first floor can provide accessibility options for such needs, while the second floor is accessible from the first floor through a private interior stairwell for optional privacy, offering 3 bedrooms with 2.5 bathrooms on each floor totaling 6 bedrooms with 6 bathrooms per unit. This creative layout conveniently provides 2 private and separate living areas in each unit.

The first La Elaina development will be located across the street from the Villas Beny More I apartments, another recently completed town home community by Metronomic Inc. Metronomic Inc. plans to develop additional La Elaina duplex buildings offering the “extended-family lifestyle” model throughout the community of Little Havana and similar communities in Miami where the need for extended family living is strong.

La Elaina is slated to break ground early March and completed by 2020. Full pre-leasing of the project will take place prior to completion of construction.

For more information about La Elaina, private showings or purchasing/ leasing information please fill out the form below:

Check Out The Construction At OKO Group's Missoni Baia Where Vertical Rise Has Now Passed The 6th Floor

Construction is rapidly progressing at the Missoni Baia site in Edgewater where the parking garage has reached three quarters of its full height since construction teams completed the sixth floor. The tower first went vertical in September 2018 and broke ground in October 2017. Over the phase of construction construction teams poured a total of 5,840 cubic yards of concrete which equates to over 580 full drum loads of a cement mixer truck. Using two crawler cranes on site construction teams also lifted over 2.6 million pounds of precast joist beams, over half a million pounds of precast soffit beams and 675 tons of reinforcing steel; in total roughly 2,255 tons of material lifted or 11 times the weight of the Missoni Baia 200-ton crawler crane. In the next phase of construction, the Missoni Baia amenities deck and tennis court will be poured and cast and foundation work for the tower will continue as the 57-story tower nears its completion in 2020.

Missoni Baia is being developed by OKO Group, the Miami-based development company founded by international real estate magnate and hotelier, Vladislav Doronin, in partnership with Cain International. Missoni Baia will feature 249 condo residences situated along 200' of frontage on Biscayne Bay at 777 Northeast 26th Terrace. Prices start in the $500,000's for a 1 bedroom residence. Units range from 1 to 5 bedrooms, and 776 SF to 3,788 SF. Missoni Baia will rise 57-stories, 649', and was designed by Hani Rashid of Asymptote Architecture with interiors and amenities designed in collaboration with Missoni. Amenities include a flow-through deck designed for all-day sunbathing with well-appointed cabanas, 5 swimming pools including an Olympic-sized lap pool, hot and cold plunge pools, a children’s pool, and an infinity-edge pool on the Bayfront Terrace, elevated tennis court and an expansive fitness center and spa overlooking the bay.

The exclusive drone construction video can be found below:

For more information about Missoni Baia, private showings or purchasing/ leasing information please fill out the form below:

Sotheby's & ONE Sotheby's International Realty Post Record Year In 2018

Sotheby’s International Realty has announced that the brokerage firm achieved record sales in 2018 amid a slowing market. Sotheby’s closed more than $112 billion in sales volume, the highest performance in company history. In addition, ONE Sotheby’s International Realty (ONE SIR), which was founded in 2008 by Mayi de la Vega, also had a record year with an increase of almost 50% sales volume from 2017 to 2018 and are the sales leader for $1 million+ homes in Miami. ONE SIR reported a 9.02% market share in 2018 which is up from 7.1% in 2017. ONE SIR also reported $1.36 billion in sales volume, up $441 million from 2017 of $919 million reflecting an increase of 47.97%. ONE ONE Sotheby’s International Realty now has 15 offices in Miami-Dade and Broward Counties with over 750 agents.

“Our real estate market continues to be on an upward trend, we’ve been outperforming in the luxury market and don’t predict a slowdown anytime soon. There are massive growth opportunities and we’ve been seeing not only companies and CEO’s making the jump to South Florida but families are migrating here as well,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “We credit our continued success to the agents and employees of ONE Sotheby’s International Realty. They are some of the most well respected and globally connected professionals in the industry and are working tirelessly to make these deals happen every day.”

Explore This North Bay Estate Developed by Peter Fine Which Just Sold For $17 Million

6010 North Bay Road, a new, contemporary waterfront estate in one of Miami Beach’s most prestigious enclaves, has sold for $17 million. The ultra-high-end residence, which was completed in January 2018 by New York developer Peter Fine and his South Florida’s affiliate, To Better Days Development, sold within a year of its listing date and garnered the highest priced sale for North Bay Road since 2017. EWM’s Nelson Gonzalez assisted the sellers in the transaction while the buyer worked with Richard Steinberg and Payton Smith of Douglas Elliman.

“6010 North Bay Road is one of Miami Beach’s most noteworthy estates to enter the market in the $15 million to $20 million range,” said Gonzalez, Senior Vice President of EWM Realty International. “This home was of exceptional quality, finished with super high-end finishes, and offered many amenities that today’s luxury buyers want to have. Because of that, and the fact that the home was priced well from the beginning, we saw a tremendous amount of interest and activity, and it was only a matter of time before a buyer emerged.”

6010 North Bay Road is set on a sprawling 21,228 SF lot and features 85’ of waterfront. The mansion is spread over 10,665 SF of interior space with six bedrooms, seven baths and two half-baths. The home is marked by striking designs, lavish finishes, and state-of-the-art technology matched with its living areas which have been designed to draw the outdoors in through walls of glass and a litany of large terraces. Features include a grand atrium room with 30’ tall ceilings opening to a Bayfront living room, a custom-designed Italian kitchen extends to a family room and breakfast area, formal dining room, dual wine cellars, waterfront office, gym, and theater with Savant-controlled surround sound and a 159” screen. Upstairs, which is accessible by private elevator, offers 5 en-suite bedrooms with a large master suite with 2 large verandas, a lavish master-bath and bay views. Outside offers a selection of resort style amenities including a summer kitchen complete with a TV, heated pool with lighting, an IPE deck, a dock suitable for a large yacht, and a new seawall.

For more information about homes in Miami Beach, private showings or purchasing/ leasing information please fill out the form below:

Douglas Elliman Continues Statewide Florida Expansion Acquiring Manalapan-Based Scott Gordon Realty

Douglas Elliman, the nation’s third largest residential real estate brokerage company, has announced that it has acquired Manalapan-based Scott Gordon Realty. With over 30 years of real estate experience, founder and CEO Scott Gordon has been one of the leading Palm Beach County condominium marketing and sales specialists since 1987. Gordon, who has been named executive director of luxury sales, joins Elliman with his wife and business partner, Mindy Gordon, and their team of real estate professionals. The office will continue to work from 270 South Ocean Boulevard located in Plaza del Mar, across from the iconic Eau Palm Beach Resort & Spa in Manalapan. Gordon and his team bring 51 active exclusive listings to Douglas Elliman. Douglas Elliman now boasts 22 offices and approximately 1,100 real estate agents across the state of Florida.

“Our intent to join forces with likeminded professionals as we continue to grow the Elliman brand across the state of Florida led us directly to Scott and his incredible team,” said Jay Phillip Parker, CEO of Douglas Elliman Florida. “Manalapan has shown tremendous growth throughout the last decade and we are thrilled to have a strong presence in this important market.”

"The decision to join Douglas Elliman was based on the strength of the brand, both nationally and internationally, as we continue to see strong interest in Manalapan from buyers from across the country and around the world,” said Scott Gordon. “Douglas Elliman provides a multitude of impressive platforms including a global partnership with Knight Frank and best-in-class technology, marketing, and public relations that will help my team provide superior service to our valued customers and clients."

ArquitectonicaGEO's Wynwood Streetscape Master Plan Presented To Wynwood Business Improvement District

The ArquitectonicaGEO Wynwood Streetscape Master Plan is moving closer to fruition after ArquitectonicaGEO’s Michelle Cintron and John Hutchens presented the proposal at a meeting of the Wynwood Business Improvement District in later February 2019. The proposal calls for transforming Wynwood into a pedestrian-oriented streetscape with public spaces and more tree canopy for shade. The Wynwood BID expects to have the final plans, of which they are considering the public’s input, completed by Summer 2019. The initially proposed plans were first introduced in December 2018. The Wynwood BID has not yet identified a source of funding for the master plan.

JDS Development's Jean Nouvel-Designed Monad Terrace Tops Off In South Beach

Monad Terrace, Pritzker Prize-winning architect Jean Nouvel’s first built work in Florida, has officially topped off. Monad Terrace completes Jean Nouvel’s vision for an artfully designed building that responds to the surrounding natural elements. Because of its coveted position on Biscayne Bay, Nouvel imagined Monad Terrace as a “reflective machine” which uses daylight, water, glass and steel to achieve glittering reflections that act as an extension of the ocean. The project was designed in collaboration with the Miami based Kobi Karp, fusing environmental responsibility with innovative climate resilience features into the architecture, starting by elevating the building 11.5', well over Miami Beach standards. The start of Monad Terrace’s signature water garden, comprised of the central lagoon, reflective pools and adjacent swimming pools, can be seen in the first construction shots, along with the sawtooth façade that allows for ocean views from each residence. Monad Terrace is on track for completion next year (2020).

Monad Terrace offers 59 residences that range from 2 to 5 bedrooms, 1,453SF to 5,350 SF of interior space, and start at $1.7 million. Residence features include private elevator access, custom kitchens and bathrooms by Jean Nouvel with 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. Amenities include an infinity edge waterfront pool and hot-tub located directly on Biscayne Bay with lush landscaping throughout by Jean Nouvel, a 24 hour concierge, valet parking, pool service, cafe and juice bar, resident's lounge, waterspouts storage and bicycles and paddle boards for the residents. Monad Terrace is located just south of the Waverly at the intersection of Monad Terrace and West Avenue on Miami Beach at 1300 Monad Terrace.

Sales at Monad Terrace are reportedly averaging almost $2,000 SF, and a penthouse unit is under contract for $2,700 SF, a record for the neighborhood. Sales and marketing are exclusively overseen by Douglas Elliman Development Marketing.

For more information about Monad Terrace, private showings or purchasing/ leasing information please fill out the form below: