Check Out This Solar Powered Estate Asking A Record $17.75 Million In West Palm Beach

Developer Steve Bendat of Aquantis Group Development broke the record of the highest price single family home sale in West Palm Beach last year when he sold 2914 Washington Road; now ,Bendat is looking to break that record again with the launch of his newest project, 6717 S Flagler. The lavish waterfront compound is asking $17,750,000 and is one of the most unique properties ever built in Palm Beach County. The compound estate has the ability to run completely on solar power energy with electrical service tied to a solar panels that are capable of net zero metering.

6717 S Flagler was designed by developer Steve Bendat and architect David Lawrence. The estate compound maximizes the tropical nature of South Florida, overlooking the spectacular Intracoastal with views of the ocean. The 15,000 square foot three-story compound is an architectural masterpiece complete with an interior “floating” glass staircase, an outdoor stainless-steel circular staircase, an all-glass indoor elevator with back-lit onyx surround, a commercial exterior elevator, six bedrooms, nine bathrooms, and two powder rooms. 

6717 S Flagler is full of lavish features offering a theater room, a dedicated gym, a VIP guest suite, a private guest house, a home office, and a four-car air-conditioned garage. The home also features wine room, glass wine cellar with 1000 bottles capacity, dining room, battler’s pantry, kitchen, breakfast nook, family room with fireplace, laundry room, media room with bar and full bath, AV room, mudroom and pool bath, two large outdoor loggias one with fireplace, a rooftop deck and multiple summer kitchens. Outside 6717 S Flagler also features fully planned landscaping. From rooftop synthetic grass to the lush living walls, from the west side of the house to the east side, there is either greenery or water surrounding you.

6717 S Flagler is built to withstand the regions most intense hurricanes, built with extra-large footers, reinforced steel, poured concrete floors, and concrete-filled block, the home is virtually indestructible and soundproof.  The home is also pre-wired with fiber optic cable capable of transmitting 8K video to every room and patio. There’s also a whole house 70Kw generator at the ready in case of emergency.  All recessed lighting is the highest end Tech Lighting Element fixtures.  

The home also features has a commercial-ready Savant control system that can manage lighting, temperature, security, home theater, fireplaces, cameras, locks, advanced security system and more.  Lighting is controlled by a Lutron Homeworks system coupled with programmable metal Palladiom keypad switches. Each room has wired Lutron Sivoia QS shades that provide translucency and privacy.

6717 S Flagler Drive, West Palm Beach is currently listed for $17,750,000 with Burt Minkoff of Douglas Elliman .

Construction At Fort Partners' Kobi Karp-Designed Four Seasons Hotel And Private Residences Fort Lauderdale Passes Halfway Point

The Miami-based development firm Fort Partners has announced that construction at Four Seasons Hotel and Private Residences Fort Lauderdale has now surpassed its halfway mark. The construction velocity has put the development on schedule to top off later this year, ahead of its 2021 opening. Offering a combination of luxurious design by a world-renowned team, first-class amenities and five-star services, Four Seasons Fort Lauderdale will be the first five-star development in Broward County. The construction news is made all the more momentous by the development's latest sales update, with more than 65% of the luxury residences sold. 

“Four Seasons Hotel and Private Residences Fort Lauderdale is making incredible strides toward completion,” said Ramzi Achi, Principal of Fort Partners. “We are proud to deliver a five-star development in Fort Lauderdale that will redefine thoughtful design for generations to come. We are pleased to watch the Four Seasons Fort Lauderdale come to life and we look forward to welcoming our first buyers home next year.” 

The 22-story hotel and condominium development will include 148 guest rooms and 83 residences ranging in size from one- to four-bedrooms, with each residence offering expansive living spaces, generous private outdoor terraces and unparalleled views of the Atlantic Ocean and Intracoastal Waterway. Elegant kitchens are complete with custom Tara Bernerd-designed European cabinetry and top-of-the-line Miele, Wolf and Sub-Zero appliances, while custom European vanities and select branded fixtures adorn the well-appointed master baths. 

“We have always seen a very strong interest in the lifestyle offered by Four Seasons Fort Lauderdale. The spacious residences with private outdoor living spaces, which offer an abundance of natural light within, combined with the privacy and service afforded by Four Seasons, make these homes exactly what buyers are looking for today,” said Dan Teixeira, Director of Sales, Four Seasons Private Residences Fort Lauderdale. 

Four Seasons Hotel And Private Residences was designed by an internationally acclaimed design team with architecture by Kobi Karp, interiors by London-based interior designer Tara Bernerd who was responsible for the elegant design of the lobby and private residences; hospitality designer Martin Brudnizki designed the development’s signature culinary experience; and landscaping by Miami-based landscape architect Fernando Wong. Construction at Four Seasons Fort Lauderdale is being overseen by Coastal Construction by premier construction management company Lehrer Cumming. 

“As the building is forming into its dimensional physical shape, the presence of the sculptural form is becoming visible to the public,” said Kobi Karp, Founder and Principal-in-Charge of Kobi Karp Architecture and Interior Design. “Four Seasons Fort Lauderdale goes beyond the typical residential building and will become the defining address for Fort Lauderdale.” 

Providing an exceptional, five-star lifestyle, Four Seasons Private Residences Fort Lauderdale offers an array of amenities and à-la-carte services, including a state-of-the-art fitness center, two pools with luxury cabanas, beach butler service, signature Four Seasons spa and yachting services. Pets will have their very own pet concierge and on-call veterinarian. Residents of Four Seasons Fort Lauderdale will also receive special courtesies at Fort Partners’ premier portfolio throughout South Florida and the Caribbean. 

Pricing for two- to four-bedroom private residences starts at $3,595,000 and occupancy is scheduled for 2021. Douglas Elliman Development Marketing is the exclusive sales and marketing firm for the development.

SHVO Wins Approval To Move Forward With The Development of The Raleigh Hotel Masterplan In South Beach

Real estate owner and developer Michael Shvo, chairman and CEO of the NYC-based real estate investment and development firm SHVO, has won approval from the Historic Preservation Board (HPB) of the City of Miami Beach to move forward with the three-acre master plan development of The Raleigh Hotel. The three-acre site includes the neighboring South Seas and the Richmond, located on Collins Avenue and 18th Street in Miami Beach.

"The Raleigh Hotel is the crown jewel of Miami Beach,” said Shvo. “This approval marks a new milestone in the partnership between SHVO, South Beach and the surrounding community. SHVO will continue to honor Miami's rich history and culture. We vow to play a significant role in the city’s continued growth and transformation.”

The board approved The Raleigh Master Plan to fully restore the three properties and to unify them as one site in order to operate them as a luxury hotel and condominium building, as presented by developer Michael Shvo and his partners. The approved plan includes construction of a new 175-foot oceanfront residential tower designed by Kobi Karp behind the Richmond and South Seas.

The plans, which were submitted to the board in April, will restore The Raleigh Hotel and its iconic pool, and the historic frontage of the Richmond and South Seas Hotels to their original 1941 grandeur, conceived by legendary architect L. Murray Dixon.

Shvo and his team worked diligently over the past 18 months with the HPB and held over 100 meetings with Miami Beach stakeholders to ensure that the proposed plans would maintain the building’s original façades, effectually restoring the streetscape. Shvo describes the redevelopment will restore the existing façades “exactly the way it was when it was originally built.” This includes the removal of the penthouse floor that was added to The Raleigh in 1961, the restoration of the original façades of the South Seas and the Richmond hotels. 

SHVO purchased The Raleigh Hotel from Tommy Hilfiger in February 2019 for $103 million and later purchased the Richmond and South Seas for a combined $140 million in August 2019.

Given The Raleigh’s storied history, SHVO is committed to returning it as a cultural beacon for the greater Miami community. Last year, SHVO installed The Raleigh Gardens, an immersive and free temporary installation on the grounds of the hotel, featuring extraordinary sculpture from Les Lalanne.

Take An Exclusive Tour Of This Newly Completed Venetian Islands Contemporary Asking $4.75 Million

The Venetian Islands have been a hot spot for those looking for tranquility and privacy yet be just minutes from South Beach, Brickell, Wynwood, Miami Design District and Downtown Miami. Located at 1509 NE 12th Place on the Venetian Islands’ San Marco Island, this contemporary tropical residence was completed in 2019 and features the finest finishes including a POGGENPOHL kitchen. The home spans 5,016 square feet and offers 5 en-suite bedrooms with an open floorpan for lots of natural light.

Glass sliders blend indoor to outdoor living with the main living area opening direct to the pool and yard making for a great home for entertaining. Other luxurious features include a stunning master suite with water views, two massive walk-in closets & bathroom with a serious ‘wow’ factor.

1509 NE 12th Place, Miami, is currently listed for $4,750,000 with Dominique Duque and Ana Guillen of Compass. Ana and Dominique can be reached at 305-766-7666, ana.guillen@compass.com or dominique.duque@compass.com.

Andrew Kurnit of DWNTWN Realty Advisors Arranges $19 Million Construction Loan For Redwood National Properties Opa-Locka Project

Andrew Kurnit of DWNTWN Realty Advisors, the premier commercial real estate firm, arranged a $19 million construction loan from City National Bank of Florida for a townhome development in Opa-locka, Florida. Real estate investment firm Redwood National Properties, in a joint venture with David Burstyn of Winston Capital Partners, LLC, plans to build 112 four-bedroom, two-and-a-half-bathroom units on the 10-acre site located at 1719 NW 143rd St.

The venture closed on the site acquisition concurrently with the construction financing on August 27th. Redwood is led by Brian A. Sidman of BAS Holdings Investments, LLC. Kurnit was engaged by BAS to provide financial analysis and capital advisory services for the project.

“Miami’s affordable housing crisis is extensively documented, and four-bedroom units are amongst the scarcest,” said Kurnit, head of DWNTWN’s capital advisory practice. “The project is unique for Miami as it contains enough acreage for townhome development, is both gated and lakefront and in close proximity to the region’s main employment and leisure drivers.”

The development will consist of 23 separate four and five-unit buildings and the developers intend to target Section 8 Housing Choice Voucher Holders in its leasing strategy. The community will be gated, lakefront and well-appointed, all rarities for affordable and workforce housing. Each unit will feature contemporary finishes, high-impact windows and lake views. Coastland Construction will be the builder. Redwood’s site is located within an existing 59-unit townhome development called The Mirage at Sailboat Cove, which was initially constructed in 2007.

The project is expected to begin delivering units in mid-2021, with full completion expected in early 2022.

Aimco Acquires Hamilton On The Bay Multifamily In Edgewater For $89.6 Million

The 275 unit bayfront multifamily rental tower Hamilton on the Bay in Miami’s Edgewater neighborhood has sold for $89,600,000, which breaks down to roughly $330,000 per unit. Rani Hussami of Marcus & Millichap’s Hussami Rockson Group represented the seller, Properties of Hamilton, Inc. in the transaction. The property was originally developed by Ted Arison, founder of Carnival Cruise line, in 1984.

Apartment Investment and Management Company (Aimco | NYSE: AIV), is a publicly traded real estate investment trust (REIT) who owns over 120+ apartment communities comprising 32,000+ apartment units in major markets across the United States. Aimco also owns Atlanta, New York, San Francisco, Boston, Chicago, Denver, Washington DC, Los Angeles, Philadelphia, Seattle and San Diego. In Miami Aimco also owns Flamingo in South Beach, Bay Parc Apartments in Edgewater and Yacht Club in Brickell.

Step Inside The $20 Million Kobi Karp Designed La Casa Palma Estate In Bay Point

The new construction Kobi Karp-designed spec home Las Casa Palma, with interiors by Borges+Associates, has hit the market for $20 million. La Casa Palma was developed by MV Group and is located at 580 Sabal Palm Road, situated in the private, gated community of Bay Point.

Las Casa Palma sits on a nearly 30,000 square foot waterfront lot and offers an open floor plan and glass sliders for with endless water views of Biscayne Bay. The contemporary estate features of the 6 bedroom, 9 bath residence include a movie theatre, gym, spa, wine cellar, glass elevator, reflection pond and a separate guest house with private entry and sunset deck. The backyard overlooks the Miami Beach skyline and features a lap pool and built in chefs summer kitchen. Las Casa Palma is currently listed for $20,000,000 with Chad Carroll of The Carroll Group at Compass.

Images via The Carroll Group

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: