ARTE by Antonio Citterio Is The First New Development In Miami To Accept Cryptocurrency

ARTE by Antonio Citterio, the exclusive boutique condominium which recently opened in Miami’s Surfside neighborhood, has announced that it will be first new residential development in Miami to accept cryptocurrency as a form of payment. Signifying the developers’ optimism for the city's future as the cryptocurrency capital of the world, all remaining residences can be purchased with digital currency.

To streamline the sale of residences in crypto, ARTE has formed partnership with blockchain and securities trading platform SolidBlock, which provides custom solutions for buying and selling digital assets. SolidBlock will ensure that buyers paying in cryptocurrencies such as Bitcoin and Ethereum enjoy an easy and straight-forward purchasing experience. They will also be available to assist with any other crypto exchanges or real-world transactions that buyers wish to make in the future as well as legal and tax advice.

As the first Miami condominium to welcome cryptocurrency, ARTE joins Mayor Francis Suarez in the vision to transform the city into a leading technology hub. By embracing digital assets like Bitcoin as the future of business, the building has taken the lead in upending traditional real estate practices in Miami and has set an example for other developments in the market.

"The embrace of cryptocurrency and emerging technologies across all sectors of industry is precisely how Miami will become the city of the century,” said Mayor Francis Suarez. “ARTE is setting an important precedent and I won't be surprised to hear similar stories in the near future."

The announcement also comes at a unique time in Miami, when many of the top Silicon Valley companies and venture capital firms have opened satellite offices or have expanded into the city. According to the developers, this migration has played a role in the decision to launch a cryptocurrency offering at Arte.

“Miami is becoming a true city of tomorrow,” said Alex Sapir, Chairman of Sapir Corp LTD, whose Israel-and New York-based subsidiary, SC 8955 LLC, developed the project. “As the most exclusive luxury building in the city, we’re positioning ourselves for a future where half the world’s billionaires are crypto billionaires, which will happen once Bitcoin reaches $200,000. With cryptocurrencies already creating incredible worldwide wealth, it’s real estate that will sustain that wealth and provide buyers with a legacy. Cryptocurrency is an important and valuable asset, and we believe it’s only natural to set the pace in the real estate industry for these types of transactions at Arte, not just keep up with it.”

“Cryptocurrency is not only a viable and sustainable new asset, it’s also the future of wealth,” said Giovanni Fasciano, co-developer. “As more technology executives move to Miami and bring cryptocurrency along with them, it is crucial that buildings start to devise plans to make blockchain transactions easier and more secure for investors. Arte is the only Miami condominium positioning itself to attract this community at the moment, and we’re proud to take the lead in partnership with SolidBlock.”

ARTE’s collaboration with SolidBlock is the first of its kind. The company pioneered the field of tokenization, spearheading the world’s first successful commercial real estate security token offering (STO), raising $18M for the Aspen St. Regis Resort in 2018. Customizing solutions for private entities to purchase residential real estate in tokens is a new frontier for the platform, and one that could set an exciting precedent for future large-scale luxury developments.

“We are thrilled to have the opportunity to partner with the developers of one of Miami’s most sought-after buildings,” said Yael Tamar, co-founder and co-CEO of SolidBlock. “Discerning and tech-savvy buyers both local and international will appreciate having access to a platform that streamlines the process and helps them invest in this amazing opportunity.”

Nestled in Surfside, the seaside enclave between Bal Harbour and Miami Beach, ARTE is a boutique, oceanfront development at the center of the city’s most vibrant cultural, culinary and shopping destinations. Featuring a stunning design by Italian master architect Antonio Citterio, the building offers impeccable interiors and finishes, as well as ten-star amenities and service. The development was built to cater to an exclusive selection of buyers who have not found quality design, exclusive privacy or outstanding service anywhere else in Miami.

ARTE residents enjoy a robust suite of amenities not found in other Miami luxury condominiums. They include a 75-foot indoor swimming pool, an outdoor swimming pool and beachfront meditation pond, a rooftop tennis court, state-of-the-art fitness center and yoga studio and sauna and steam room. Additional facilities include a children’s playroom with space for remote learning, residents’ lounge, catering kitchen for out-of-home entertaining, and private temperature-controlled parking spaces.

Prices at ARTE by Antonio Citterio start at $10.3 million, or the equivalent cryptocurrency rate, and the spacious three- to five-bedroom plus residences range in size from approximately 3,150 to 7,550 square feet. Sales are exclusively handled by Douglas Elliman Development Marketing.

For more information about ARTE by Antonio Citterio, private showings or purchasing/ leasing information please fill out the form below:

Lavish Coconut Grove Waterfront Estate Casa Bahia Designed by Filmmaker Alejandro Landes Sells For $45.91 Million

Casa Bahia, a hyper-luxurious tropical contemporary located at 3085 Munroe Drive designed by Zyscovich Architects in partnership with filmmaker Alejandro Landes, has sold for $45.91 million in an off-market transaction. The purchase was financed with a $25.3 million mortgage provided by First Republic Bank.

Casa Bahia spans 13,843 SF spread over 7 bedrooms, 8 full-bathrooms and 1 half-bath with interiors designed by Landes’ mother, Catalina Echavarria, of CES Studio. The estate also features a 2 bedroom guest house, theater, custom wine cellar, stunning floor-to-ceiling glass offering panoramic views of Biscayne Bay, rooftop deck, smart home technology, 8 car garage, 4 kitchens, 518' of waterfront with private dock and a 73-foot heated pool.

Casa Bahia first hit the market for $50 million in September 2016. The home won the Architizer Popular Choice A+ Award in the Architcture + Water category.

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

Check Out This Residence At Four Seasons At The Surf Club Which Just Sold For $8.7 Million

A unit at Four Seasons at The Surf Club has sold for $8.7 million, a record $3,952 PSF for a non-penthouse unit. Residence #S705 sold is a 2 bedroom, 3.5 bathroom direct oceanfront residence which spans 2,201 SF. The residence was furnished with built-in shades, closets, travertine flooring, Richard Meier-designed kitchens by Boffi, Sub Zero & Miele appliances, gas cooktop, millwork & cabinetry throughout designed by the famed interior designer. Joelle Oiknine with ONE Sotheby’s International Realty represented the sellers and Jackie Dickstein represented the buyer.

The Surf Club has been an integral part of the cultural history of Miami Beach since its inception as a private social club founded by Harvey Firestone in the 1930's. Located at 9001 Collins Ave, the redevelopment of The Surf Club was led by Nadim Ashi’s Fort Partners and broke ground in March 2014. Four Seasons at The Surf Club sits on 9-acres with 965’ of direct beachfront on the Atlantic Ocean. The building features a 77 room Four Seasons hotel and 150 private residences across 3 glass towers, 2 of which are residential and 1 hotel. The newly restored development also includes full five star amenities including oceanfront dinging, spa, gym, shopping, private and hotel pools and beautifully landscaped gardens.

For more information about private residences at Four Seasons at The Surf Club, private showings or purchasing/ leasing information please fill out the form below:

PROFILE Exclusive Podcast Season 1 Episode 2 Featuring Kobi Karp of Kobi Karp Architecture & Interior Design

Season 1 Episode 2 of the PROFILE Exclusive Podcast by PROFILEmiami features Kobi Karp, Founder & Principal of Kobi Karp Architecture & Interior Design, which he founded in 1996. Based in Wynwood, Kobi Karp Architecture & Interior Design is a full-service architectural and interior design firm providing a vast array of services on projects, ranging from the design of large-scale, high-rise condominium and hospitality projects to intimate, low-rise residential and commercial structures. Kobi's restoration design techniques have contributed to a renaissance in one of this country’s most cherished areas, Miami Beach’s Art Deco District which is internationally recognized around the world. Kobi is behind many of the most iconic designs driving around Miami including the The Surf Club Four Seasons, Palazzo Del Sol Fisher Island, Cadillac Courtyard Miami Beach and Four Seasons Fort Lauderdale. He is currently designing the transformation of the historic Raleigh Hotel is South Beach.

The PROFILE Exclusive Podcast by PROFILEmiami, the leader in South Florida residential and commercial real estate news and content, profiles and gets intimate with the movers and shakers in the South Florida real estate industry. Throughout the series we will interview and get inside the minds of South Florida's top developers, investors, brokers, architects, designers, etc. The PROFILE Exclusive Podcast is hosted by Demetri Demascus Co-Founder of PROFILEmiami and Director of Business Development at private equity group Galium Capital as well as Katya Demina, Co-Founder of PROFILEmimai and Development Associate at development firm Royal Palm Companies.

The PROFILE Exclusive Podcast now available on Spotify and Apple Podcasts.

Or Listen On:

Step Inside This Lavish Tahiti Beach Estate Designed By Ramon Pacheco Which Just Sold For $28.9 Million

The ultra-luxe Ramon Pacheco-designed 4 Tahiti Beach Island Road has sold for $28.9 million, the highest price ever for the highly coveted, waterfront neighborhood of Tahiti Beach. The rare, lavish waterfront estate is located on the exclusive gated Tahiti Beach Island of Coral Gables, which is home to less than 30 estates with neighbors including NBA star Ray Allen and baseball player Manny Machado. The property was listed with Chad Carroll with The Carroll Group at Compass and Constantin Gorges, also from Compass, represented the buyer.

4 Tahiti Beach Island Road sits on 1.42 acres of lush, stunningly landscaped land complete with a private, sandy beach. The massive Tuscan estate designed by Ramon Pacheco features 10 bedrooms and 10.5 bathrooms spread over 21,235 SF along with 2 kitchens, a gym, media room with theater seating, a spa complete with a sauna, wine cellar, breakfast area overlooking the private beach, multiple luxurious en-suite bedrooms, and enormous master suite with private balcony overlooking the beach and a master-bathroom finished with exotic stone and a soak-in tub.

The home features multiple living areas on a grand scale seamlessly spread throughout the inside and outside. Every inch is finished with the finest, meticulous detailing, stonework and furnishings throughout including custom lighting, iPad control for the lighting, air conditioning and TV's of the entire property. 4 Tahiti Beach Island Rd. offers expansive ocean views throughout the property and from many of the living areas. Outside features a large heated pool overlooking the ocean, a grand covered summer kitchen and large dining area, lounge seating and sandy private beach.

Images via The Carroll Group with Compass

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

OKO Group and CAIN International Lock Down $128.3 Million Construction Loan For Una Residences

OKO Group and Cain International have secured $128.3 million in construction financing for Una Residences. The senior debt, which was provided by Bank OZK, will fund the ongoing development of the 47-story luxury condo tower, which broke ground in May 2020 and has over $75 million in sales over the past four months.

The Walker & Dunlop team led by Senior Managing Directors & Co-Heads of New York Capital Markets Keith Kurland, Aaron Appel, and Adam Schwartz along with Managing Director Michael Diaz and Director Sean Bastian represented the developers in the transaction. Weil Gotshal & Manges served as counsel for the sponsor/developer, while King & Spaulding served as counsel for Bank OZK.

Una Residences sits on one of the last developable parcels of waterfront land in Brickell in the South Brickell enclave at 174 SE 25th Road and will become the first waterfront residential tower to deliver in the neighborhood in over a decade upon its completion in 2023. The tower is being developed by a partnership between OKO Group, the luxury development group helmed by international real estate mogul Vladislav Doronin, and Cain International, a privately held investment firm with over $6.3 billion in real estate equity, debt, and leisure-focused investments.

“Miami’s increasing global appeal is drawing families to live and businesses to invest in high quality real estate, particularly rare and exclusive offerings such as Una Residences; one of the last opportunities to buy a waterfront property in one of Miami’s most desirable neighborhoods,” said Vladislav Doronin, Chairman and CEO of OKO Group. “We are seeing this trend of moving to Miami accelerate at an unprecedented rate, attracted by the many benefits including its sunny weather, quality of life, status as a global destination and its tax incentives. As construction progresses on site at Una Residences, we anticipate a beneficial and successful relationship with all parties involved in this project.”

Una Residences was designed by Adrian Smith + Gordon Gill (AS+GG) and the tower will offer 135 spacious two-to-five bedroom condominiums with unobstructed views of the Atlantic Ocean, Biscayne Bay, and city skyline. Residences are priced from $2 million to $7.4 million, with two ultra-exclusive penthouses priced up to $21.6 million.

"We firmly believe the Miami market is well-positioned for future growth as a global gateway city, with continued demand for new residential property coming from both foreign and domestic buyers. Closing this financing with Bank OZK is a significant milestone for Una Residences and for the broader Brickell residential market," said Jonathan Goldstein, CEO of Cain International. "With its unique position overlooking Biscayne Bay, close proximity to Key Biscayne, Brickell and Coconut Grove, and access to incredible lifestyle amenities, Una Residences is truly one-of-a-kind and we look forward to advancing towards completion with our partners."

Amenities include three swimming pools, a children’s splash-pad area and playroom, a movie theater, an Aman Resort-inspired spa and steam room, a state-of-the-art fitness center featuring yoga and personal training facilities, onsite dining, and more. Una’s amenities will also extend beyond the property, as residents will receive exclusive membership access to the Grand Bay Club on the beachfront of Miami’s Key Biscayne.

“The fundamentals of the Una Residences project met the high standards Bank OZK consistently seeks in our credits – marquee real estate, strong market fundamentals and top-tier sponsorship,” stated Greg Newman, Managing Director of Originations for Bank OZK’s Real Estate Specialties Group. “OKO Group and Cain International are developing a best-in-class option in the Miami market, with amenities and an unrivaled setting that delivers an exceptional quality of life to residents. We appreciate the opportunity to participate in this project as the sole senior secured lender and look forward to a very successful execution.”

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

Kolter Urban Launches Tallest Luxury Condo on Fort Lauderdale Beach

Kolter Urban, a Palm Beach, Florida-based real estate development and investment firm, has launched Selene Oceanfront Residences, a luxury condominium development located directly across from the award-winning Las Olas Beach at 3000 Alhambra Street. The 26-story, slender two tower, beachfront property will offer 204 luxurious residences with several unique floor plans, including penthouses.

Selene will feature over 5,300 square feet of restaurant space at the base of the building, providing an unrivaled oceanfront dining experience. Douglas Elliman will lead sales efforts for the development with residences priced from $900,000. Construction will commence in November 2021 with expected completion by early 2024.

“The inspiration behind Selene was to create thoughtfully designed ‘homes in the sky’ on Fort Lauderdale’s iconic beach,” said Bob Vail, President of Kolter Urban. “Residences at Selene perfectly couple the space and comfort of living in a traditional home with the luxury and sophistication of high rise oceanfront living.” 

Selene’s exceptionally spacious two- and three-bedroom residences will range from 1,400 to 3,200 square feet with a limited collection of penthouses. Residences have been designed to the highest standards of quality and craftsmanship. The open, contemporary floor plans with floor-to-ceiling glass showcase exceptional direct views of the Atlantic Ocean, Intracoastal Waterway, or dynamic city skyline from most residences. Seven of the nine available floorplans are positioned on glass corners offering breathtaking views. Residences are delivered ready for buyer customization upon ownership or with luxurious designer finish packages which include large-format porcelain flooring in main living areas, European cabinetry, and chef-inspired stainless appliances.

Designed by Kobi Karp Architects with interiors by ID & Design International, Selene brings contemporary architecture together with a host of indoor and outdoor resort-style amenities, including two elevated pool terraces with a resort-style pool, a lap fitness pool and a spa, contemporary poolside cabanas and day beds, open gathering spaces and intimate conversation areas, an outdoor kitchen, multiple fire pit lounge areas and a pavilion-shaded pool bar. Concierge services are available and range from everyday needs such as dry cleaning to pre-arrival residence preparation. For elevated peace of mind, Selene provides 24/7 security and access-controlled entry points to all elevators, both lobbies, the parking garage, and all amenity spaces. 

Selene’s two slender towers rise 300 feet, making the project the tallest luxury condominium on Fort Lauderdale Beach offering expansive homes in the sky. At street level, lushly landscaped grounds and elegant plazas at each corner create a seamless transition to the surrounding neighborhood and provide direct access to the beachfront.

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

Playboy Mansion Owner Daren Metropoulos Buys "Hurricane Proof" Oceanfront Estate In Miami Beach For $18 Million

A rare, “hurricane proof” Miami Beach oceanside estate with direct beach access has sold for $18 million to the owner of the Playboy Mansion, Daren Metropoulos. The home is located at 7815 Atlantic Way in Miami Beach’s Altos Del Mar beachfront community. Mark and Carolyn Keller were the sellers. Oren Alexander of The Alexander Team at Douglas Elliman had the listing, which last asked $19.25 million, and Miltiadis Kastanis and James Hait of Douglas Elliman represented the buyer.

Daren Metropoulos is the son of American billionaire investor Dean Metropoulos and is a principal at investment firm Metropoulos & Co. Metropoulos & Co. has invested in over 80 companies such as Pabst Blue Ribbon Beer, Hostess, Perrier Jouët Champagne, Ghirardelli Chocolates, Bumble Bee Tuna, Chef Boyardee, Duncan Hines and others. The seller, Mark R Keller, is Chairman & CEO of Edge Funds, and his wife Carolyn Keller, Founder of EBeauty Community that specializes in assisting women undergoing cancer treatments.

7815 Atlantic Way is located on 16,000 SF of well-appointed oceanfront land, the modern beach house spans 8,500 SF spread over 5 bedrooms, 6 bathrooms and 1 half bath. The home offers the ultimate entertainers escape right on the ocean complete with two full kitchens, breakfast bar, a theater and a main entertainment area equipped with a full bar and sliding glass walls that open up to the outdoors. To top it off the home offers 3 built in wine cellars, 3 fireplaces and all floors throughout house, pool area, terraces, and balconies are covered in sandblasted marble.

Outdoors features a pool, jacuzzi with waterfall, a built-in sunken cabana with seating for 20 people with a fire pit, a covered dining area and and an outdoor kitchen. The estate also features gated direct beach access via a grass veranda and a guest house.

Due to the direct ocean exposure, the home was built to endure whatever the South Florida elements can throw at it. The home is built like a bunker with concrete and steel reinforcement across the entire property, able to withstand 257 mile winds and rain. The glazing and doors are “hurricane proof” as well by Windoor 8100 series, the highest rated hurricane doors manufactured. The 7 AC units feed air handlers are strategically located throughout house and if a hurricane was to pass through the property comes with Gas Kohler Generator 50KW to power the entire house.

Images via LPG for Douglas Elliman

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

The Collective Reveals nArchitets-Designed Co-Living Mixed Use Building In Wynwood

The Collective has revealed plans for their proposed co-living mixed-use building to be located at 2825 NW 2nd Ave. The Collective is a London-based co-living operator and real estate developer which was founded in 2010 by Reza Merchant. The Collective currently operates co-living buildings in New York and London. The proposed building is expected to rise 12-stories and is designed by is designed by nArchitects with Corwil Architects as the architect of record.

The Collective Wynwood is proposed to have 180 residential units, 70 hotel units and 9,508 square feet of ground floor retail. The building is also expected to have 82,000 square feet of amenity spaces spread throughout every floor and includes co-working space, communal kitchens, a fitness center, gaming rooms, meeting rooms, a workshop studio, eight floor pool deck and rooftop garden.

Mr. C Residences Coconut Grove Reveals New Renderings Of Meyer Davis-Designed Spaces

Mr. C Residences has revealed new renderings of their residences and amenity spaces designed by Will Meyer and Ignazio Cipriani. The images include a reveal of their newly released combo floorplans which merge the square footage of two units, featuring 5 bedrooms and bathrooms spanning across 6,981 sq. ft. The renderings also give a closer look into the tower’s exterior pool areas and dedicated mind-and-body wellness floors equipped with yoga, sauna, peloton rooms and more.

The project broke ground on July 2020 and is being developed by Terra, led by David Martin, and fourth generation Cipriani brothers, Ignazio and Maggio, Co-Founders of the Mr. C brand. The 20-story tower, located at 2655 S. Bayshore Drive, will mark the first-ever, large-scale residential project for the Mr. C brand, introducing a new level of residential living that will complement Coconut Grove’s appeal as a thriving residential, restaurant, and commercial neighborhood. Sales at Mr. C Residences launched in February 2020 led by Douglas Elliman. Units are priced from the low $600,000’s to over $5 million.

The Arquitectonica-designed luxury, high-rise with interiors designed by international designer Meyer Davis, is comprised of 118 sophisticated residences ranging in size from one to five bedrooms, spanning 650 to 3,645 square feet. Inspired by the Mr. C brand, interiors reflect maritime influences with laminated wood paneling and nautical blues and touches of Miami’s vibrant scene. Residential units feature open floor plans, 11-foot ceilings, floor-to-ceiling windows, private terraces, and custom Italian design influences.

The lifestyle-driven development features an expansive list of amenities including a signature Mr. C Café, specialty gourmet marketplace, wellness lounge and juice bar, private Bellini Bar on the pool deck, in-home delivery from the Mr. C Café, butler service and nautical concierge services. An entire floor is dedicated to body-and-mind wellness spaces, from whole-body fitness zones with personal trainers and specialty classes to a signature spa with treatments rooms, indoor yoga, Peloton studio, steam and sauna rooms, as well as poolside and cabana services. Other highlights include pool bar and event lounge, garden-level lap pool, billiard rooms, library and screening lounge, Little C’s Learning and Adventure Lab, teen game rooms and business lounge with meeting rooms.

Mr. C Residences Coconut Grove is slated for completion in 2022.

For more information about Mr. C Residences Coconut Grove, private showings or purchasing/ leasing information please fill out the form below: