QUINT Collection Luxury Townhomes Launch Sales in Hollywood Led by Chad Carroll

QUINT Collection Luxury Townhomes in Hollywood have officially launched sales led by Chad Carroll and his team at Compass. Developed by Miami-based JQ Group, QUINT Collection Hollywood is comprised of 10 luxury waterfront townhomes with a private marina and unobstructed views of the Intracoastal and Atlantic Ocean. Nestled between the best of Miami Beach and Fort Lauderdale, QUINT offers the perfect blend of convenience and sophisticated minimalism merged with the ultimate luxury waterfront lifestyle.

“We are proud to see QUINT come to life and are thrilled to be among the few spearheading the transformation of Hollywood,” said Jesús Quintero, CEO and Founder of JQ Group. “Chad Carroll has set the standard for luxury waterfront home sales and his team’s extensive expertise will help complete our journey in delivering an outstanding project to completion.”

“Our team is honored to represent a project with a truly unique value proposition that is unlike any other in Hollywood,” said Carroll. “We continue to see tremendous growth in the area’s luxury market and QUINT is positioned as a one-of-a-kind property. Along with our strategic marketing and expertise in matching buyers with their dream home, we are confident in the project’s success.”

Residences start at $2.5 million and offer 3 bedrooms and 3.5 bathrooms with 10-foot high ceilings. Floor plans range in size from 3,100-3,500 square feet, with terraces up to 10 feet deep and a private 2-car garage. Custom finishes include Italkraft and Gaggenau appliances, porcelain floors, glass enclosed elevator and more. Five-story residences feature a sky deck with summer kitchen, jacuzzi and entertainment area. A residents-only marina includes 12 slips ranging between 55-80 feet with permitting ready to install lift, if desired. A model home designed by Spazio Di Casa that includes Roche Bobois furniture is asking $3.5 million. 

Images via The Carroll Group

For more information about QUINT Collection Luxury Townhomes, private showings or purchasing/ leasing information please fill out the form below:

Star Island Heats Up As Alex Rodriguez, Jennifer Lopez and Ken Griffin Acquire Multimillion-Dollar Properties

Ultra-luxury real estate on Star Island is heating up amid the COVID-19 pandemic. Celebrity power couple Alex Rodriguez and Jennifer Lopez have acquired 13 Star Island Drive for $32.5 million and Ken Griffin, the billionaire hedge-fund manager and founder of the Chicago-based Citadel Securities, has acquired 11 and 12 Star Island Drive for $37 million. A 6-bedroom, 14,268 SF estate located at 14 Star Island Drive has also closed for $24 million.

Rodriguez and Lopez’s new home spans 10-bedrooms, spread over 15,011 SF with over 100’ of water frontage. The lavish mansion also features a chef’s kitchen, wine room, luxurious master bedroom with bay views, pool, spa, cabana with summer kitchen, wet bar and dock. E&A Estates was the seller, represented by Jill Hertzberg and Jill Eber of the Jills Zeder Group at Coldwell Banker. Arlene Susy Dunand of Coldwell Banker represented the buyer.

An entity tied to Ken Griffin acquired a double lot with views of Downtown Miami at 11 and 12 Star Island Drive in an off-market deal. Griffin has also spent roughly $350 million acquiring an assemblage on Blossom Way in nearby Palm Beach.

These sales follow the sale of 22 Star Island for $49.5 million in July. The home was developed by Todd Michael Glaser, designed by DOMO Architecture + Design with interiors by Dunagan Diverio Design Group. The neighboring 46 Star Island is currently listed for $39,950,000 with Dora Puig of Luxe Living Realty.

Aston Martin Residences Miami Reveals New Renderings And Financing Options

G&G Business Developments has revealed new renderings and introduced a unique way of financing their new property at Aston Martin Residences Miami. Created to simplify the buying process, clients can enjoy a special payment plan developed with mortgage broker, Regal Group International.

After reviewing the market for over a year, Germán Coto, CEO of G&G Business Developments, and his team, saw an opportunity to innovate and enhance the buying experience by offering pre-construction deposit financing. This pioneering new program enables clients to finance their property from day one, providing buyers with greater freedom to manage their portfolio of investments and revenues.

“We’re redefining the Miami skyline with the new Aston Martin Residences, and now we’re redefining the way our valued customers can finance their new luxury homes,” says Germán Coto, CEO of G&G Business Developments. “At G&G we have a reputation for pursuing innovative projects with a clear vision to achieve exceptional results and increase customer satisfaction, and this is why we created an innovative financing option.” 

The collaboration between Regal Group International, a trusted name in residential mortgage lending for more than 23 years, and G&G Business Developments, a leading global luxury real estate company, is good news for clients looking for a smart way to finance their new home.

“Buyers have the opportunity to purchase their home with a special long-term payment plan that will provide comfort and a smooth process for prospective clients,” says Juan Ayala, President of Regal Group International. “After the initial payment, the buyer will make equal monthly installments for the Term of the Loan. These installments are fixed from day one of signing the contract and for the full term of the loan. There is no prepayment penalty for the duration of the loan, and the client can cancel or change their lender without being penalized. Additional financing costs and commitment fees are not included and remain the buyer’s responsibility. This new financing plan is one of the first of its kind for a pre-construction luxury development.” 

Regal Group International offers a highly personable approach, working with both parties, the prospective buyer and private investor, to ensure clients are supported throughout the sales process. Responsible for all financial and legal disclosures to the buyer pertaining to this financing, Regal Group International has developed a personalized and straightforward approval process, with a team of expert advisors on hand to ensure a smooth and stress-free transition to a new home at Aston Martin Residences.

Headquartered in Miami, G&G Business Developments was founded by CEO, Germán Coto. As the developer of Aston Martin Residences, the only Aston Martin real estate project in the world, G&G has a reputation for pursuing innovative projects with a clear vision that achieves exceptional results. This new financing offer is just one of the luxury services G&G has developed to make life easier for its high-level clients.

Aston Martin Residences, located at 300 Biscayne Boulevard Way in Miami, consists of 391 luxury residences and penthouses priced from the $970,000s to upwards of $50 million. The project is almost 60% sold, and construction is scheduled for completion in 2022. 

For more information about Aston Martin Residences, private showings or purchasing/ leasing information please fill out the form below:

Tropical Modern Palm Island Spec Home Designed By Choeff Levy Fischman Sells For $20.5 Million

 A tropical modern mansion on Palm Island designed by Choeff Levy Fischman has sold for $20.5 million. Located at 19 Palm Avenue, the two-story home spans 9,386 square-feet complete with a $500,000 custom Fendi kitchen. Dina Goldentayer of Douglas Elliman represented the sellers and Ivan Chorney and Michael Martinera of Compass represented the buyers. Dean Carr, an investor from London, and his wife Melissa Carr, sold the home to a California family.

19 Palm Avenue is one of Miami Beach's most opulent new residences and leaves you in awe the moment you step onto its lavish motor court. Boasting a colossal cascading water feature and British-made automobile rotating turntable, the private driveway also includes an outdoor stairway and a three-car garage with lift capacity concealed by rich Timura wood. The home's exterior façade also features gray limestone to create a warm aesthetic.

The residence offers six bedrooms and seven and a half bathrooms. The home offers large living spaces in an open-concept format that includes floor-to-ceiling sliding glass doors that open up to the rear deck, blending the indoors with the outdoors.

A focal point of 19 Palm Ave. is home's interior is a stunning 460 square foot open-air atrium with floating steps that take you across a shallow pool of water. Additional soul-soothing reflecting ponds and cascading water features are spread throughout the property on all four sides of the residence to emphasize its waterfront location.

The master-suite is another highlight of the home, spanning 1,490 square feet and overlooking Biscayne Bay on one side with the glass atrium on the opposite end. Complete with separate custom Ornare closets with Cavalli wall coverings, the master suite also boasts a midnight kitchen, a sitting lounge, and a fireplace. Two spacious bathrooms feature exotic floor-to-ceiling marble, and each comes with a seamless glass zero-edge spa shower with steam and scent ventilation. One of the master suite bathrooms also includes a bespoke vanity and a standalone floating Boffi tub. Cantilevered wood ceilings shade the room's private balcony, which also consists of a glass railing to provide unobstructed northeastern waterfront views.

19 Palm Ave.’s second level also includes an atrium-facing pajama lounge where the family can relax in a private setting away from the traffic of the ground level. Additional amenities include a fully integrated Savant home automation technology system and one of the largest residential-grade elevators. Located above one of the home's reflecting ponds, it provides access to three levels, including the private rooftop.

Outside, the home's infinity-edge pool is accentuated by a sleek three-sided Lautner knife-edge deck creating a visually seamless plane of water without any distinction of a pool wall. The fourth side creates the illusion that the edge vanishes into the bay. Adjacent to the pool, the architects incorporated a sunken living room element with custom seating that surrounds a fire pit on three sides. The home's outdoor deck incorporates a shaded cabana with separate bath, dining, bar, and kitchen with a spiral staircase that leads up to a rooftop lounge ideal for sunbathing.

Miami-Dade County And Related Urban Development Group Break Ground on Three Round Towers

Miami-Dade County Mayor Carlos A. Gimenez,  Chairwoman Audrey M. Edmonson and Related Urban Development Group (RUDG) have celebrated the ground-breaking of Three Round Towers B&C and Brisas del Este, an affordable housing development encompassing three buildings for a combined total of 383 units in the Allapattah area of Miami-Dade County. They were joined by a special guest on this occasion, the Honorable Dr. Benjamin S. Carson, Secretary for the U.S. Department of Housing and Urban Development.

The Three Round Towers development was originally built in 1970 on approximately 6.98 acres and included three towers (Towers A, B and C), a Community Center and parking for residents. Tower A was substantially renovated in 2018 by Related Urban. The current renovations are focused on the major rehabilitation of Towers B and C along with the construction of Brisas del Este, a new 120-unit affordable housing project. RUDG, the affordable housing arm of prolific developer Related Group, will serve as Miami-Dade County’s developer partner. 

The rehabilitation of the two existing towers and the new construction of Brisas Del Este will result in stylish, well-appointed residences tailor made to serve a primarily senior population through elevated accessibility options. The projects will serve residents from 30% area median income (AMI) up to 80% AMI and will be completed in the beginning of 2022.

“By fully leveraging multiple financing sources, our County is paving the way more for smart projects that create vital affordable housing for our residents,” said Miami-Dade County Mayor Carlos A. Gimenez. “Miami-Dade’s public-private partnership with Related Urban Development Group has been a key component leading to the success of this particular project, and I look forward to the County’s continuing wise use of P3’s moving forward.”

The total development cost for the three buildings is more than $106 million. The layering of financing makes this development the largest of its kind in the nation  utilizing Opportunity Zone Funds ($24 million) in combination with other federal and HUD resources, such as Low-Income Housing Tax Credits (LIHTC), Rental Assistance Demonstration funding (RAD), Home Investment Partnerships (HOME) from the City of Miami, and a Purchase Money Mortgage (PMM) of $18 million from Miami-Dade County to the developer. County and State surtax funds are also being invested in the project. More importantly, the Opportunity Zone investment of $24 million was made by personally by Related Group CEO Jorge M. Peréz.

“The redevelopment of Three Round Towers and the addition of Brisas Del Este leverages the widest range of financing available in affordable housing development,” said Albert Milo, Jr President of RUDG. “It is truly a first-of-its-kind project made possible by our partners at the County, who we have worked with over a dozen times to create transformative affordable housing solutions across Miami-Dade. Through collaborations like this, we are able to continue making a real difference for the residents of the communities we build in.”

“With this project we are proving that Opportunity Zone funding is scalable for major affordable housing developments,” said Michael Liu, Director for Miami-Dade Public Housing and Community Development (PHCD). Liu continued, “With a visionary like Jorge Perez and extraordinary builder in Albert Milo, our plan to transform all of our public housing with private sector partners will succeed.” 

OFF-WHITE c/o VIRGIL ABLOH™ Opens Flagship Store In Miami Design District

OFF-WHITE c/o VIRGIL ABLOH™ has opened in Miami Design District (MDD). The new two-story flagship location is located at 127 NE 41st Street and will feature seasonal men's and women's collections of the luxury brand’s ready-to-wear streetwear. The Miami Design District store was designed by Virgil Abloh in collaboration with OMA’s Director of Architecture Samir Bantal to operate as a flagship retail store, fulfillment center, cafe and multipurpose event space that can host a runway fashion show or art show.

COVID-19 reportedly contributed to Abloh and Bantal’s decision to make the location flexible and cater to customers who are shopping online as opposed to in-store. In addition the walls are modular and can be compressed or opened up to change the space for different uses as well as opening up the front facade the outdoors. The store was designed with an industrial aesthetic with concrete floors, corrugated metal walls and mesh ceiling panels. Apparel will be displayed on stainless steel shelving with black marquina and white Carrara marble platforms, all of which, including the furniture, is modular and on wheels to be easily moved.

In addition to being the founder of OFF-WHITE c/o VIRGIL ABLOH™, which he founded in 2012, Abloh is also the artistic director of Louis Vuitton's menswear collection. OFF-WHITE c/o VIRGIL ABLOH™ goods are manufactured in Milan with a core value of the brand to be made from the best available and particular opinion regarding fabric, fit and fabrication.

Miami Design District was developed by Miami Design District Associates, led by Craig Robins, in a partnership between his firm Dacra and L Catterton Real Estate, a global real estate development and investment fund that was established in 2016 by Catterton, LVMH and Groupe Arnault. MDD is a creative neighborhood with shopping, dining, contemporary art, design and events. MDD is home to over 120 flagship stores like Balenciaga, Hermes, Rolex, Fendi, Panerai, Tag Heuer, Dior, Cartier, Louis Vuitton, Tesla, etc. MDD also offers three cultural and art institutions being ICA Miami, the de la Cruz Collection and Locust Projects.

Tour Gucci's recently opened Miami Design District Boutique 

Check out Dolce & Gabbana’s new MDD Flagship Location

Check out the newly opened St. Roch Market in Miami Design District

Check out PROFILEmiami's coverage of the newly opened Bottega Venneta boutique in Miami Design District

Check out the newly opened Aranguren + Gallegos Arquitectos-designed Institute of Contemporary Art in Miami Design District

Taurus Investment Holdings To Redevelop Civica Center Into Medical Space

The Boston-based Taurus Investment Holdings has acquired the Civica Center for $30.5 million in Miami’s hot Allapattah neighborhood. The Civica Center is located at 1050 NW 14th Street at the entrance to Miami’s Health District, which is home to a large concentration of medical firms and institutions including the University of Miami Leonard Miller School of Medicine. The Civica Center broke ground in 2014 and was developed by the Swerdlow Group. The two-story retail property was sold with an adjacent parking lot and the deal also included a small office building. The Dallas-based Rockpoint Group was the seller.

Tenants at Civica Center include 7-Eleven, Au Bon Pain, Burger King, Chicken Kitchen, Dunkin’ Donuts, Flavors, Food Court, Gateway Dental, Jimmy John’s, La Estancia, Optical Boutique, Panera Bread, Pasha’s, Quest Diagnostics, Salsa Fiesta, and Smoothie King, amongst others.

Taurus has been agressively acquiring life-sciences and medical buildings and plans to convert the 0.77-acre parking lot into a giant 460,000-square-foot medical office building. It also plans to expand the existing 47,000-square-foot retail building into a 62,500-square-foot retail and medical office property. Taurus expects to start work on the redevelopment in the next 24 months.

AirBNB Announces Global Party Ban And Occupancy Cap

One of the leading homesharing platforms, AirBNB, has announced a global ban on all parties and events at Airbnb listings, including a cap on occupancy at 16. This party ban applies to all future bookings on Airbnb and it will remain in effect indefinitely until further notice.

Unauthorized parties have always been prohibited at Airbnb listings. 73% percent of AirBNB listings globally already ban parties in their House Rules, and the vast majority of our guests behave in manners that show respect for House Rules and for neighbors. AirBNB has historically allowed hosts to use their best judgment and authorize small parties, such as baby showers or birthday parties, if they’re appropriate for their home and their neighborhood. 

Last year, AirBNB began imposing much stricter limits, starting with a global ban on “party houses,” meaning, listings that create persistent neighborhood nuisance. AirBNB also launched a 24/7 neighborhood support hotline in the U.S. and Canada, with plans for global expansion, to communicate directly with neighbors and help effectively enforce the party house ban.

Since the pandemic was declared, and social distancing became an important element in promoting public health and responsible travel, AirBNB updated their policies including the removal both the “event-friendly” search filter from their website as well as “parties and events allowed” House Rules from any event-friendly listings. AirBNB also introduced a new policy requiring all users to adhere to local COVID-19 public health mandates.

However, in many large jurisdictions, public health mandates on gatherings have changed in response to the changing rates of COVID cases. Some have chosen to take bar and club behavior to homes, sometimes rented through AirBNB’s platform. AirBNB has tagged the conduct is incredibly irresponsible and has chosen that they do not want that type of business, and anyone engaged in or allowing that behavior, on their platform. Based on these developments, AirBNB feels that instituting a global ban on parties and events is in the best interest of public health.

Douglas Elliman Development Marketing Selected To Oversee Sales At 5000 North Ocean in Palm Beach

Douglas Elliman Development Marketing (DEDM) has announced that the firm has been selected to handle the exclusive sales and marketing for The Kolter Group's newly completed oceanfront residential tower, 5000 North Ocean, designed by Randall Stofft Architects and BC Architects, AIA. Chris Cox and Dave Shalkop from Douglas Elliman will be leading sales for the development where residences range from two-to-four bedrooms and are priced from $2.6 million to $5.6 million.

“We are thrilled to bring Chris, Dave and the Douglas Elliman Development Marketing and Real Estate team on board to finish selling out the remaining residences,” said Ed Jahn, senior vice president of Kolter Urban. “Chris and Dave have established themselves as leaders in the Florida market and their extensive experience coupled with Douglas Elliman’s robust and successful development portfolio, will help to ensure the sellout of 5000 North Ocean.” 

5000 North Ocean features the ultimate in privacy and boutique resort-style living with interiors by local renowned Palm Beach designer Bob Martin of The Decorators Unlimited. 5000 Ocean is comprised of 48 residences and the 19-story building is situated on an expansive stretch of direct, pristine Palm Beach oceanfront in Singer Island. There is over 340’ of direct oceanfront with more than half the property remaining as natural habitat or restored dune area.

Each residence features unobstructed Atlantic Ocean views, along with Intracoastal Waterway views to the West, and features floor-to-ceiling glass windows and doors and an expansive outdoor terrace. There are four distinctive floorplans, including four duplex residences and a penthouse known as the Sandcastle which spans 3,907 square feet with 2,407 square feet of oceanfront terrace.

“We continue to see a historic surge in activity in the Palm Beach County market, where the most discerning buyers are looking for the ultimate in luxury and value,” said Jay Phillip Parker, CEO of Douglas Elliman’s Florida Brokerage. “5000 North Ocean is positioned as a one-of-a-kind offering that we are confident will continue to see success as we close out the remaining sales at the project.” 

Amenities include an entry guardhouse with 24/7 attendance, a dramatic port cochere entry, private elevators providing convenient and safe access to all levels, residents club room and adjacent outdoor plaza featuring a full catering kitchen and bar, custom fireplace and lounge area, a state-of-the-art fitness center with the latest high tech exercise equipment overlooking the ocean and pool deck area, an oceanfront pool and spa, private oasis beach zone. The oasis beach zone is a one-of-a-kind seaside sanctuary reserved for 5000 North Ocean residents and individual secured climate-controlled storage areas. Each residence comes with two assigned covered parking spaces, with additional guest parking available and electric car charging spaces.

For more information about 5000 North Ocean, private showings or purchasing/ leasing information please fill out the form below:

Miami's First Large Scale Opportunity Zone Development Tops Off At 18-Stories in Downtown Miami

Co-developers The Estate Companies (EIG) and PTM Partners (PTM) have announced the topping off of the 230,430-square-foot, 18-story, 360-unit luxury rental development, Soleste Grand Central (Soleste Grand). Located at 218 NW 8th Street, steps from MiamiCentral Station in Downtown Miami, Soleste Grand represents Miami’s first large-scale opportunity zone real estate development.

“We are thrilled to have reached this significant construction milestone and look forward to delivering an exceptional development to the Downtown marketplace,” stated Robert Suris, managing principal, The Estate Companies. “Soleste Grand Central offers an elevated collection of health and wellness offerings, social components, and cutting-edge amenities at an attainable price point. We are confident this development will set a new standard for luxury rental properties in the area.”

The contemporary-style building was designed by Caymares Martin with interiors by ASG Interior Design. Apartments range in size from approximately 442 to 1,082 square feet and in studio, one-, two- and three-bedroom layouts. Residences also offer modern kitchens with custom cabinets, quartz countertops and designer lighting. Residences include dual master suites, spacious walk-in closets, private balconies and a full size washer and dryer. 

Soleste Grand offers nearly an acre of unparalleled indoor and outdoor amenity space for tenants to enjoy. For a peaceful retreat, a relaxing drink, or outdoor movie viewing, the ninth floor deck provides open lounge areas and summer kitchens that overlook the downtown Miami skyline. The fourth floor features 20,000 square feet of amenities, including a state-of-the-art fitness center with virtual trainers, dedicated yoga and Pilates room, and areas for high intensity interval training programs. Post-workout, residents can enjoy the resort-style pool deck or indulge at the spa with relaxation rooms, sauna and massage therapy rooms. The indoor club room offers billiards, shuffleboard, a large communal living room and viewing area that can be modified for intimate or large group events. The two-story marble-clad lobby offers a professionally programmed co-working space for residents, communal seating areas surrounded by indoor foliage, and a cafe with flexibility for event use.  

“By combining PTM and The Estate Companies’ deep knowledge and expertise in multifamily development, we have been able to develop a Class-A product that we intend to bring to market at a price point that is accessible to renters who have been priced out of many other recent new Class-A developments in Miami,” stated Michael Tillman, CEO, PTM. “On top of that, we have layered in novel amenity and technology offerings that are unlike others we have seen to date in the Miami marketplace and are excited to deliver a desirable home for our future residents.” 

 “The Estate Companies and PTM have a shared vision for the property and what today’s consumer is looking for,” added Jeffrey Ardizon, principal, The Estate Companies. “We believe we have implemented features our tenants value most. The daily conveniences of technology and large open spaces have gained priority, especially during the last few months.”   

Slated for completion in Q1 2021, Soleste Grand Central is a transit-oriented development. In addition to its close proximity to the MiamiCentral Brightline Station, the community is also near the Metrorail, Metromover, bus lines and soon, the Tri-Rail commuter rail. The project is also situated adjacent to I-95, the multi-billion-dollar Miami World Center, and the Downtown Miami office corridor.