The Chetrit Group Announces Kobi Karp-Designed The River District In Brickell With New Concepts From David Grutman

As Miami’s bustling Brickell neighborhood evolves into one of the nation’s most desirable urban cores, New York-based developer Chetrit Group has announced a transformative new district designed by Kobi Karp that will reimagine over six acres of the Miami River’s waterfront into a premier destination for art, entertainment, music, and culture. The River District, located at the long-underutilized delta between I-95, Southwest Second Avenue and Jose Marti Park, brings high-end living, working, dining, shopping and yachting to the area with four distinct, brand-new skyscrapers, a pair of two-story waterfront retail buildings, a marina and lush new streetscapes inspired by Brazil’s tropical modernism aesthetic. The first tower is already rising and can be seen on the Miami River from I-95 west of Brickell.

Situated just south of the Miami River, The River District will comprise of 4 million square feet of new development in all. This includes about 1,600 residences, Class A office space, 30,000 square feet of curated retail, a boat marina that can accommodate 60-foot vessels, 2,000 covered parking spots, as well as vibrant restaurants and nightlife venues. The first building to come to market at The River District will be its luxury condominium. Expected to launch in early 2023, sales and marketing will be exclusively handled by Douglas Elliman Development Marketing.

“The Miami River has been ripe for a new archetype of riverfront living, especially as the Brickell neighborhood continues to attract national companies and new residents to its urban core,” said Michael Chetrit of Chetrit Group. “With demand for new, curated experiences walkable from Brickell Avenue at an all-time high, we are excited to introduce a ground-up new neighborhood that builds and honors community, with a Brazilian twist. The River District is going to create a riverwalk experience for the first time in the city, and we expect to completely transform how people in the area live, work and play.”

To elevate the standard of hospitality, Chetrit Group partnered with David Grutman of Groot Hospitality – the globally renowned nightlife and hospitality visionary behind the goodtime hotel, nightclubs LIV and Story and restaurants Gekkō, Papi Steak, Swan and Komodo, among more – to deliver innovative new culinary and residential concepts exclusively to the ambitious master planned development. Through a lens of lavish design, in-demand talent and a frisson of celebrity and social media moments, Grutman is known for reestablishing Miami as a global contemporary hotspot for hospitality and aims to infuse this same spirit throughout The River District.

"The River District is going to be a highlight in Miami city's ongoing transformation," said David Grutman. "Paired with Chetrit Group's overall vision, I'm incredibly excited to bring Groot Hospitality to this game-changing development. We plan to feature versions of our existing concepts as well as all new ideas, across residential, restaurant and entertainment spaces."

The four skyscrapers at The River District – a luxury condominium, office tower and two premier rental buildings – are each distinguished by their own, unique interpretation of the Brazilian tropical modernism motif. This design vision, a hallmark of the vibrant culture at The River District, will be spearheaded by leading local architecture firm Kobi Karp Architecture and Interior Design. Having helped shape many of Miami’s most exclusive neighborhoods, from Fisher Island to Surfside, Kobi Karp is the top architect for transformative projects of The River District’s scale and level of importance. He is responsible for creating the master plan for the site, as well as the architecture, which together are reminiscent of the beachfront walkways of Rio de Janeiro.

For the interiors, Chetrit Group tapped New York-based, award-winning architecture and design firm Rockwell Group. Rockwell Group is known for creating unique narratives for award-winning projects across the globe, which range from restaurants, hotels, airport terminals, and hospitals, to festivals, museum exhibitions, and Broadway sets. Projects include multiple Oscar award ceremony production designs; Nobu hotels and restaurants worldwide; Equinox Hotel New York; restaurants like Katsuya and Peak in New York and Gekkō and CHICA in Miami; set designs for Broadway shows, such as Hairspray and Kinky Boots; and many more. Rockwell Group will design the condominium tower, including the lobby, amenity spaces and 378 studios to three bedroom residences. Rockwell Group and IDDI, an international design firm, will envision the rental tower, where Rockwell Group is designing the lobby and restaurant.

Representing the first master-planned project developed by Chetrit Group in South Florida, The River District will showcase the company’s level of focus and expertise delivering large-scale real estate developments. Construction will be completed in phases, with phase one currently underway. That includes the first rental tower, as well as the two retail buildings. The next phase will begin with the groundbreaking of the luxury condominium, which is slated for early 2023 with a target completion in 2026.

Renderings via JORG and Kobi Karp Architecture & Interior Design

Brick & Timber Collective Acquires Wynwood Office Building Cube Wynwd For $62 Million

Brick & Timber Collective has acquired Cube Wynwd, an office building in Miami’s hot Wynwood neighborhood, from Tricera Capital and Alex Karakhanian’s LNDMRK Development for $62 million. The transaction closed on December 13 and Tricera and LNDMRK retained an undisclosed ownership stake in Cube Wynwd. Tricera and LNDMRK originally acquired the 100,000 SF office building, which includes ground-floor retail, rooftop space and parking, for $28 million in an April 2021 off-market deal. Tony Arellano of DWNTWN Realty Advisors represented both buyer and seller in the transaction.

Berkadia’s Scott Wadler and Mike Basinski secured a $36.18 million loan on behalf of the buyer Brick & Timber Collective. This is the second time in 20 months the property has traded and been capitalized by Berkadia. The Berkadia team also lined up $27.5 million in senior and mezzanine financing when Tricera Capital and LNDMRK acquired the property in April of 2021. JP Morgan provided the balance sheet $36.2 million five-year fixed-rate loan with full term interest only.

The Tricera Capital and LNDMRK Development partnership acquired Cube Wynwd in 2021 from Red Sky Capital when Scott Sherman was still with firm. Sherman has since left and founded Torose Equities. The Class A office building was developed in 2019 by Redsky Capital in partnership with JZ Capital Partners and was financed by Bank OZK and Lionheart Strategic Management.

“We are thrilled with the execution of our business plan for Cube Wynwd, culminating in this significant disposition,” Tricera Chief Financial Officer Christian Ramirez said. “This investment underscores the depth and versatility of Tricera 2.0, as we tapped into our robust acquisitions and asset management divisions, top-tier leasing professionals, team members with development experience and real estate finance experts. We look forward to replicating the model at our many other investments and developments.”

Prior to completing the disposition, the Tricera and LNDMRK partnership finalized a five-year lease with Boston’s Northeastern University to occupy the 10,976 SF fifth floor of the 222 NW 24th St. building. Northeastern plans to operate a brand-new graduate degree program tailored to working professionals in Miami’s rapidly growing fintech industry.

The Northeastern deal maintains Cube’s 100% leased status, as investment firm Schonfeld Strategic Advisors is set to relocate from Cube to The Dorsey, a Wynwood mixed-use building Tricera and LNDMRK partnered with The Related Group to develop. Schonfeld is expected to move to The Dorsey in early 2023.

“Northeastern’s lease at Cube is yet another example of where Wynwood’s office market is headed and reinforces the building’s incredible tenant mix,” Tricera President/Head of Leasing Dustin Ballard said. “It is exciting that local fintech professionals will have an opportunity to pursue a graduate degree from a renowned university. That will help take the fintech sector – and the City of Miami – to build upon the accomplishments and growth of the past few years.”

CBRE’s Eric Groffman, Cameron Tallon, Emily Brais and Randy Carballo served as landlord representatives in the Northeastern lease. Colliers International South Florida Stephen Rutchik and Tyler de la Peña and Colliers International Greater Boston’s John Carroll represented the tenant.

Additional Cube tenants include Blockchain.com, Ecuadorean fintech firm Kushki, Shaolin Capital Management, Brazilian footwear manufacturer Grendene, office supply and furniture online retailer Poppin, tech firm Transmit, and more.

Image via Richard Novak

Master Brokers Forum Listing: Check Out This Full-Floor Coral Gables Sky Home Asking $3 Million

Master Brokers Forum member Mauricio J. Barba presents this full-floor sky home with 4,111 square feet of living space and 1,291 square feet of terraces, boasting phenomenal vistas of the golf course, downtown, The Biltmore, Coconut Grove, and even a peek of the bay. Timeless finishes such as limestone floors and marble baths grace the home, while natural light - and views - filter through the floor-to-ceiling windows. Its floor plan consists of a private elevator vestibule at center with the main suite with a second suite on the east, and kitchen, dining, laundry, and third and fourth suites to the west. Stroll to 40-plus restaurants, shops, and parks. Gables on The Green is undergoing a full modernization to the common areas, exterior, gym, and lobby, and the seller is covering these costs. 

626 Coral Way, #LPH03 is currently listed for $2,996,000 with Mauricio J. Barba of Compass, who can be reached at 305.439.8211 and/or mauricio@miamisignaturehomes.com.

The Master Brokers Forum is a local network comprised of South Florida's elite real estate professionals. Learn more at www.MasterBrokersForum.com.

Rene Gonzalez Architects-Designed Surf Row Residences Beachside Homes Revealed In Surfside

Linéaire Group has revealed Surf Row Residences, a collection of eight private beach homes set to rise in Surfside. Inspired by Surfside’s rich heritage and natural beauty, Surf Row Residences aims to introduce the next level of urban beach living. Envisioned by award-winning architectural firm Rene Gonzalez Architects (RGA), known for their site-specific design and architecture, the ultra-luxury residential development is set to become a landmark synonymous with contemporary living and quiet prestige in Surfside.

The residences will be a modern interpretation of the brownstone tradition, reimagined for South Florida. With careful consideration for the surrounding environment, the development maximizes the use of natural light and local materials to distill an ingrained sense of place, paying homage to its history, neighbors, and landscape.

Developed by Linéaire Group, in partnership with ONE Sotheby's International, the project offers a different combination of living spanning two-story three- or four-bedroom floor plans and three-story four- or five-bedroom floor plans with between 3,500 - 5,600 SF of indoor space. In addition, the homes will have more than 2,000 SF of private outdoor living space, including a rooftop with a plunge pool, a summer kitchen, and an expansive veranda. There will also be two and three-car private garages and an enclosed front patio and garden further mirroring the single-family living experience.

Owners will have access to quintessential luxuries, such as an office space, library, meditation and exercise room, humidity-controlled garage, and private elevators. The project is also in talks with a few potential partners to offer a private beach club and property concierge services.

Only a few residences have been released for sale with pricing starting at $5.9 million. The project is slated to break ground in Q2 2023 with completion scheduled for Q4 2024.

Royal Palm Companies Locks Down $76.5 Million Construction Loan For Elevate Apartments In Dania Beach

Dan Kodsi’s Royal Palm Companies has locked down a $76.5 million construction loan for Elevate Apartments in Dania Beach. The 36-month financing was provided by the Miami-based 3650 REIT and replaced a previous $64 construction loan. The multifamily project, which is located at 600 East Dania Beach Blvd., is roughly halfway complete and is expected to be completed in November 2023. The financing was arranged by Kevin O’Grady of Concord Summit Capital.

Elevate Apartments was designed by NMD Nomadas and will feature 298 units which will range from studio to 3-bedroom floor plans. The building will also feature a full suite of amenities including a fitness center, business center and pool deck.

Royal Palm Companies is led by Dan Kodsi who has played an integral part of the development of Downtown Miami having delivered PARAMOUNT Miami Worldcenter and PARAMOUNT Bay, amongst other buildings, and is currently developing the sold-out Legacy Hotel & Residences Miami Worldcenter.

PROFILE Exclusive First Look Into The Newly Revealed St. Regis Residences, Sunny Isles Beach Lavish Sales Gallery

The St. Regis Residences, Sunny Isles Beach, Miami, a duo of standalone towers situated along 435 linear feet of pristine beach, has revealed an exclusive first look into an oceanfront sales gallery amid immense sales success. Also unveiled at an exclusive invite-only event for industry insiders was the sculpture “Our Nucleus” by internationally acclaimed artist Lorenzo Quinn, exclusively commissioned for the future residences.

Developed by Fortune International Group and Château Group, and managed by St. Regis Hotels and Resorts, these luxurious residences offer exceptional service in a breathtaking, oceanfront setting. The towers, designed by the visionary architecture firm Arquitectonica, paired with interiors by celebrated São Paulo-based designer Patricia Anastassiadis and landscape design by EDSA, offer an elevated lifestyle in one of South Florida’s most coveted locations. The South Tower, first to be completed, will feature 175 residences.

“South Florida luxury real estate remains at the top of everyone’s wish list. The St. Regis Residences, Sunny Isles Beach was conceived and developed to not only accommodate this desire, but to create an unparalleled lifestyle in one of the most rare oceanfront addresses in Florida,” said Edgardo Defortuna, President and CEO of Fortune International Group. “We are thrilled with the sales success we have seen to date, as the location, design, amenities, and lifestyle have resonated immensely with our buyers.”

“The St. Regis brand is rooted in superior service and The St. Regis Residences, Sunny Isles Beach will execute this lifestyle effortlessly, with every detail carefully considered,” said Manuel Grosskopf, CEO of Château Group. “With infinite 360-degree views, this extraordinary oceanfront site is stunning from entrance to pinnacle. With a dramatic two-story lobby entrance to extensive amenities including a jaw-dropping infinity pool, the magic of the St. Regis brand is evident throughout the property. The sales gallery was designed to perfectly capture the views and atmosphere of the future residences.”

The Residences offer an array of luxurious residences, as well as Sky Villas and Penthouses, all featuring stunning unobstructed ocean, city, and Intracoastal views. Accessed through private elevators leading to an entry foyer, residences comprise two, three, four, and five bedrooms ranging from 2,000 to 5,600 square feet with spacious floor plans and ceiling heights clearing ten feet. Sky Villas and Penthouses encompass entire floors, ranging from 6,600 to over 10,000 square feet, with ceiling heights clearing twelve feet and sizable, private terraces with private pools that lend themselves perfectly to seamless outdoor/indoor living. Owners will also have access to extensive amenity offerings totaling over 70,000 square feet with 24/7 unparalleled St. Regis service to accommodate every need.

The sales gallery of The St. Regis Residences, Sunny Isles Beach, Miami features a recently unveiled sculpture by Italian artist Lorenzo Quinn. Quinn is a contemporary figurative sculptor, best known for his large-scale pieces and expressive recreation of human hands. His previous works have been exhibited in iconic international destinations, including the Giza Pyramids in Egypt and over the canals in Venice, Italy. This larger-than-life piece, titled “Our Nucleus”, is sculpted in his signature style in stainless steel and rises over nineteen feet tall. The piece is viewable at the entrance to the sales gallery before it is permanently installed within The Residences.

Sunny Isles Beach is one of the most coveted residential locations in South Florida. Flanked by the Atlantic Ocean on the East and the Intracoastal Waterway on the West, Sunny Isles Beach provides both the peaceful atmosphere of a resort while also offering the cultural vibrancy of city living. The Residences are in close proximity to Miami Beach, Bal Harbour Shops, Aventura Mall, and the Miami Design District.

Images via Image via Zoltan Present, Luxhunters Productions, Renderings via DBOX

The St. Regis Residences, Sunny Isles Beach, Miami are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). La Playa Beach Associates, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.

French Fashion House Moncler Opens New Boutique In Miami Design District

French/ Italian high-end luxury fashion house Moncler has opened a new Miami boutique at 132 NE 39th Street in the heart of the Miami Design District, a vibrant neighborhood where art, culture and fashion converge. The Miami Design District boutique is Moncler’s second in Florida, to go along with Bal Harbour Shops.

Following a design concept by globally renowned architects Gilles & Bossier, the boutique covers a total selling area of 3100 square feet (288 square meters), blend’s Moncler’s signature black marble with bold travertine and alpinus stones, along with LED walls. The façade is highlighted by a light cube-shaped installation that creates a moving image effect complimenting the vast, bright interior.

The boutique also offers a private styling suite for the ultimate luxury shopping experience hosted by expert Moncler client advisors.

Moncler is an Italian high-end luxury fashion house which specializes in ready-to-wear outerwear, known for its iconic down jackets. The company was founded in 1952 in Monestier-de-Clermont, France making quilted jackets and has since expanded to offer a full ready-to-wear line as well as collaborations with emerging designers including Italian luxury streetwear Palm Angels which was founded by former Moncler artistic director Francesco Ragazzi. Moncler is headquartered in Milan, Italy where it went public on the Milan Stock Exchange in 2013 and acquired Stone Island in 2020 for €1.15 billion.

Fortune International Group and Oak Capital Break Ground On The Ritz-Carlton Residences, Pompano Beach

Developers Fortune International Group and Oak Capital have broken ground on The Ritz-Carlton Residences, Pompano Beach. Designed by Revuelta Architecture International with interior and landscape design by world-renowned designer Piero Lissoni, the property will set a new standard for full-service, resort-style living in the tri-county area, offering a collection of 205 impeccably designed residences across a landmark dual-tower setting. The Residences are slated for completion in 2025 and are currently over 75% sold.

“We are thrilled to begin construction on The Ritz-Carlton Residences, Pompano Beach,” said Edgardo Defortuna, President and CEO of Fortune International Group. “It is always a pleasure to work alongside Oak Capital and the renowned Ritz-Carlton brand. We are excited to see this world-class property redefine luxury for the area with a meticulous design, unparalleled amenities and services, and an undoubtedly exquisite level of sophistication.”

Poised to rise as one of South Florida’s most sophisticated lifestyle-driven properties, the two towers of The Ritz-Carlton Residences, Pompano Beach treat residents to stunning waterfront views and detailed craftsmanship. The 32-story, 117-residence Beach Tower offers a prime location overlooking the pearly white sand and deep blue ocean of Pompano Beach. The 14-story, 88-residence Marina Tower provides an equally magnificent location just across the street, boasting an idyllic snapshot of the intercoastal.

Each tower’s fully finished residences include spacious floorplans, Italian-designed kitchens with top-of-the-line appliances, laundry rooms with full-size washers and dryers, walk-in closets in all primary bedrooms, and service quarters in select residences. Penthouses feature lush garden terraces, a luxurious private pool, a summer kitchen, and stunning 360-degree views of the Atlantic Ocean. Remaining inventory within each tower showcases incredible floorplan options, as each residence has been thoughtfully designed with each Owner’s experience in mind.

“The Ritz-Carlton Residences, Pompano Beach will be an outstanding addition to Pompano Beach, which continues to grow and elevate resort-style living in South Florida,” said Ricardo Dunin, Founder and CEO of Oak Capital. “I’m delighted to break ground on my third property with The Ritz-Carlton brand and to reach this milestone alongside the great team at Fortune International Group. I truly believe this project will be a game changer for South Florida.”

The brand experience enlivens the senses and fulfills even the unexpressed wishes and needs of residents who will enjoy an endless array of specialized, curated services. As such, The Residences offer an expansive collection of over 35,000 square feet of curated amenity space. Amenities include a yacht club with a private resident marina, an oceanfront beach club, sports courts, tropical pool decks, indoor-outdoor social areas, on-premise dining, and much more to further enhance the overall living experience. The property will also include Guest Suites available exclusively for friends and family of residents, with access to services and amenities.

Renderings via DBOX and Berga & Gonzalez. Images via World Red Eye

For more information about The Ritz-Carlton Residences, Pompano Beach, private showings or purchasing/ leasing information please fill out the form below:

Miami Worldcenter Delivers 80,000 SF 'Jewel Box' Retail Building In Downtown Miami

The developers of Miami Worldcenter have completed another 80,000 square feet of lifestyle-driven retail space. The stand-alone building, known as Block F-East, marks one of the final retail components of the 27-acre project to be delivered as active vertical development continues at the $4 billion mixed-use development in the heart of Downtown Miami. Featuring a modern design enclosed with floor-to-ceiling glass, Miami Worldcenter’s ‘Jewel Box’ is located at the confluence of the 7th Street Promenade and World Paseo open-air retail pedestrian streets, directly west of the development’s upcoming citizenM boutique hotel and north of the completed luxury apartment tower Bezel Miami.

With the completion of F-East, approximately 255,000 square feet of retail space has now been completed at Miami Worldcenter as tenants actively build out their spaces. Miami Worldcenter’s stellar lineup of recently opened and upcoming tenants includes Sephora (now open), lululemon, Savage x Fenty, Ray-Ban, Posman Books and Lucid Motors, as well as dining and entertainment concepts such as Bowlero, Sports & Social, Michelin-star-rated Chef Michael Beltran’s Brasserie Laurel (now open) and El Vecino eateries, and Chicago’s Maple & Ash and etta restaurants.

As one of the largest private urban real estate developments in Florida, Miami Worldcenter, which is currently coming alive in phases, will feature a diverse mix of residential, commercial and hospitality uses complemented by a total of 300,000 square feet of retail, restaurant, and entertainment space. The project is being developed by master developers Miami Worldcenter Associates, led by Principal Art Falcone and Managing Partner Nitin Motwani, in partnership with CIM Group.

“Curating the right mix of diverse retail, dining, and entertainment options is key to creating a vibrant destination that is attractive to Miami locals and visitors,” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “Miami Worldcenter’s ‘Jewel Box’ was designed to become a marquee entertainment venue and we have delivered just that with exciting tenants opening soon such as Bowlero, Sports & Social, and more to come.”

“We believe Miami Worldcenter is poised to deliver a captivating infill mixed-use development that weaves together a host of new buildings and businesses with public plazas and gathering spaces in a pedestrian-scaled environment,” said Shaul Kuba, Co-Founder and Principal, CIM Group, which is leading retail leasing at Miami Worldcenter in conjunction with Miami-based The Comras Company.

Miami Worldcenter is now home to three completed residential towers – PARAMOUNT Miami Worldcenter, Caoba, and Bezel Miami. Development of a 351-room citizenM hotel is now complete and expected to open at Miami Worldcenter in early 2023. Additionally, construction is underway at phase one of the 52-story Miami World Towers, which will comprise 550 apartment units; at Legacy Hotel & Residences, a 50-story mixed-use tower with 310 branded residences atop a hotel and 50,000 square feet of medical office space; and at the second phase of Caoba, which will encompass an adjacent 40-story tower with 420 apartments.

Planned developments include 600 Miami Worldcenter, a 579-unit fully furnished condominium by Aria Development Group and Merrimac Ventures; The Crosby, a 450-unit turn-key condominium by Related Group and Merrimac Ventures; a mixed-use residential and commercial development by Abbhi Captial; a residential development by New York-based Naftali Group; and a three-tower mixed-use project by The Witkoff Group, which will include up to 2,000 residential units as well as 550,000 square feet of office space and another 50,000 square feet of retail.

Complementing Miami Worldcenter’s retail streets will be World Square, a 20,000-square-foot outdoor public plaza and park. Designed as a central gathering place, World Square will serve as the heartbeat of the development featuring an abundance of open space, shade trees, and oversized, pedestrian-friendly sidewalks lined with dining, entertainment, and retail concepts.

Miami Worldcenter’s $5 million public art initiative – curated by international art dealer Jeffrey Deitch and Miami-based curatorial collective PRIMARY – will transform the streets and buildings of the 27-acre ‘city within a city’ into a permanent outdoor art museum. Once complete, the program will feature a variety of contemporary and modern art works – in the form of large-scale murals, paintings, and sculptures – created by globally acclaimed artists including Nina Chanel Abney, Woody De Othello, Viktor El-Saieh, Nick Cave, Trenton Doyle Hancock, Hernan Bas, Serge Toussaint, Zadok Ben-David and Franz Ackermann.

Miami Worldcenter occupies 10 city blocks within walking distance of Museum Park, home to Pérez Art Museum Miami and the Frost Museum of Science; FTX Arena; the Adrienne Arsht Center for the Performing Arts; and Miami Dade College’s Wolfson Campus. It is also adjacent to Brightline’s MiamiCentral station, which offers direct train service to Fort Lauderdale, West Palm Beach, and will soon reach Orlando, together with access to Tri-Rail, the Metromover, and the Metrorail – making Miami Worldcenter the largest and most connected transit-oriented development in Florida.

Sabal Development Acquires Miami Beach Spec Home Site Overlooking La Gorce Country Club Golf Course

The Miami-based Sabal Development has closed on a 12,000+ SF development site which overlooks the La Gorce Country Club golf course for $4.2 million. The property is located at 5440 La Gorce Drive in Miami Beach and will be developed into a Choeff Levy Fischman-designed tropical modern spec home. Florida Realty of Miami, Corp. represented the buyer, Pascal Nicolai, founder and CEO of Sabal Development and Sabal Luxury Builder. Jean Echemendia of Douglas Elliman represented the seller, Justin Yoshimura.

“We are very excited about this purchase and the incredible custom home that will be developed on the double lot,” said Nicolai. “The property has gorgeous, wide golf course views that will complement the luxury living experience that we are bringing to life.”

Sabal Development plans to build an over 6,000-square-foot single-family home with 5 bedrooms and 5 bathrooms on the double lot, which is located on the private La Gorce Golf Course. The spacious home will include three parking garages, an elevator, pool and hot tub, outside barbeque area, media lounge and a pond. The property will feature architecture by famed architect Ralph Choeff of Choeff Levy Fischman. Sabal Luxury Builder is expected to break ground on the home in April 2023, with an estimated completion in December 2024.