Master Brokers Forum Listing: Check Out Full-Floor Sunny Isles Beach Penthouse In Muse Asking $13.499 Million

Master Brokers Forum: Master Brokers Forum member Bill Hernandez presents this spectacular, one-of-a-kind, full-floor Sunny Isles Beach penthouse; a special residence with 6,106 square feet of living area, 12-foot ceilings, and massive weather-resistant outdoor living space that no other penthouse can offer. Muse UPH boasts a 2,688 square foot jumbo rooftop terrace equipped with a summer kitchen and permits for a pool. A spectacular west terrace is 60 feet wide and 40 feet deep with a second summer kitchen to enjoy sunsets. Take in panoramic views of the ocean, intracoastal and city from sunrise to sunset. This stunning oceanfront boutique high rise with only 64 residences offers world-class services and state-of-the-art technology, combining elegance and function. A total of 11,110 square feet awaits you, soaring high above all other high rises to give you unobstructed 360-degree views.

Muse 17141 Collins Ave, UPH is currently listed for $13,499,000 with Bill Hernandez of Douglas Elliman, who can be reached at 305-910-7644 and/or bill.hernandez@elliman.com.

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

This article was produced in partnership with Master Brokers Forum

Ultra-Luxe Bayfront Condo 710 Edge Complete With Helipad Proposed in Edgewater

A development team that includes two of the developers of Miami’s iconic Zaha Hadid-designed One Thousand Museum have proposed a new ultra-luxury bayfront condo tower in Edgewater. 710 Edge is designed by ODP Architecture & Design, which was also the architect of record at One Thousand Museum. The development team 710 Edge LLC includes Louis Birdman, Kevin Venger, Michael Konig and Alex Posth. 710 Edge will be located at 710 NE 29th St. Pending approval by the Urban Development Review Board on October 20, 2021 the developers would close on a condo buyout of Harbor 29 condo along with an assemblage on NE 29th St.

710 Edge will rise 55 stories, 650’, and will feature 70 residential units, 193 parking spaces and 16,489 SF of commercial space. Residences will be similar to One Thousand Museum with only one to two units per floor, ranging from 3 to 5 bedrooms. Full floor residences will offer 6,174 SF of living space. There will also be two floor penthouse residences. Amenities will include a rooftop helipad, dock, state-of-the-art fitness center, spa, business center, private dining room, theater, residents lounge, sky lounge, juice bar and indoor pool. The parking lot will be a connected 9-story structure behind the tower. The developer will also complete a baywalk promenade with landscaping and lighting that will be open to the public.

Renderings via 710 Edge

For more information about 710 Edge, private showings or purchasing/ leasing information please fill out the form below:

Location Ventures Launches Condo Sales For URBIN Mixed-Use Condo, Co-Working Lifestyle In Miami Beach and Coconut Grove

The desire to live and work in city centers throughout the world is often met with challenges in accessibility, mobility, and sustainability…until now. Location Ventures – a Miami-based, integrated real estate platform that delivers thoughtfully-designed and fully-connected residential and mixed-use projects – announced today the launch of residential sales for URBIN. A first-to-market, mixed-use brand, URBIN unites design-forward residences for short- or long-term rent with all-inclusive co-working spaces, wellness amenity programming, social activations, and lifestyle-oriented retail, all in one central address.

URBIN has initiated condo presales for its first location in Miami Beach, marking the first phase of the brand’s official launch with 60 percent pre-sold in the first 30 days. The launch of presales for a second location in Coconut Grove will immediately follow to meet growing demand. The brand will further scale with additional locations in key markets throughout the U.S., designing each to fit into the context of its carefully selected setting.

With exclusive sales and marketing representation by ONE Sotheby’s International Realty, URBIN presents turnkey units, designed in a collective living style. Priced from $400,000, residences will be available in diverse floor plans. In Miami Beach, studios will start at 275 square feet and expand to spacious multi-room residences that range from two- to four-bedrooms at up to 1,334 square feet. In Coconut Grove, residences range from studios at 331 square feet to six bedrooms at 2,352 square feet. Both locations will feature fewer than 100 units to allow for a tailored and more private living experience.

As an opportunity to own property in one of the world’s most sought destinations through URBIN, owners will have exclusive access to a lease-back program with the dual freedom to stay on property for up to 90 nights per year. While away, the residence is professionally managed by the brand and available for rent.

“URBIN celebrates a new way of living by bringing people together through home, work, and wellness in a single setting,” said Rishi Kapoor, CEO of Location Ventures. “Through integrating quality design, technology, wellness and social programming, we’re hoping to foster community and enable a high-quality of life in these city-centric ‘urban’ neighborhoods.”

URBIN residences will offer various layouts and provide a selection of shared spaces per unit, such as a common kitchen, dining and living area. The contemporary-designed condos are fully furnished and include efficient layouts to maximize space, while featuring high-end fixtures and Energy-Star stainless steel appliances, and plenty of storage space. Enticing, service-driven amenities, such as housekeeping, room service, and valet are complemented by on-site food and beverage venues; a wellness center with programming for mindfulness, movement, nourishment, and healing; and a rooftop pool deck with green spaces and lounge areas.

From owners of large enterprises to remote workers, URBIN’s co-working space brings a heightened level of service to the work experience. Members are given access to bespoke support tools, including consulting, administrative and networking, to further drive their business goals. Those who utilize the space are not required to live on property; however, members who both live and work at URBIN unlock exclusive rates.

URBIN Miami Beach, located at 1260 Washington Ave., is designed by Touzet Studio, led by Carlos Prio-Touzet and Jacqueline Gonzalez-Touzet. The building’s façade will complement the playful energy of Miami Beach, featuring geometric styles and colors found throughout the neighborhood with a nod to its Art Deco heritage. Its common area and amenity interiors are curated by Meyer Davis, the award-winning design studio from New York City. The property will undergo a complete renovation to the existing 33,488-square-foot site, in addition to the ground-up development of a 44,000-square-foot building.

URBIN’s second location is at 3162 Commodore Plaza in Coconut Grove, a less than five-minute walk from the newly-unveiled CocoWalk. Arquitectonica and Paredes Architects designed the exterior to integrate seamlessly with the contemporary new builds in the surrounding area. The residences will feature interior design by am studio, a boutique design collaborative committed to creating cohesive, resourceful, and oneiric spaces. The development of URBIN Coconut Grove will include the conversion of a nearly 33,000-square foot commercial building, roughly 5,000-square-foot restaurant, and 23,490-square-foot property, as well as a ground-up development.

URBIN will join the renaissance and expansion currently underway on Washington Avenue and Commodore Plaza – two streets situated in two of the city’s most thriving and in-demand districts. The sales launch of URBIN aims to reach both domestic and international investors attracted to South Florida by providing a unique live-work-well offering in the market.

For more information, please visit www.urbincondos.com or call 305.376.7274.

About URBIN

URBIN is a first-to-market, mixed-use brand with properties situated in renowned locations, offering an authentic, responsible, and flexible lifestyle when living and working in city centers. The first two locations will be in Miami Beach and Coconut Grove, Florida, with additional locations in key U.S. markets forthcoming. URBIN, developed by Location Ventures, the Miami-based real estate investment and development firm, has a vision to create places where one can live, work, and seek wellness in the heart of coveted neighborhoods. Each property will feature a membership-based platform and unite condos with all-inclusive co-working spaces, wellness amenities and programming, social activations, and lifestyle-oriented retail. URBIN features design-forward, turnkey rental residences with a select number available for purchase. Owners can enjoy their abode for personal use, for up to 90 nights per year; while away, the residence is professionally managed by the brand and available for rent through the property’s exclusive lease-back program. Exclusive sales and marketing for URBIN residences is by ONE Sotheby’s International Realty.

URBIN is backed by investors David Martin, CEO of Terra Group; Rudy Touzet, CEO of Banyan Street Capital; the Murphy family of Coastal Construction; former New York Jets and New Orleans Saints linebacker Jonathan Vilma; Gabriel Navarro, Marcel Navarro and Martin Pico of MMG Equity Partners; Marty Halpern of UnitedTranzactions; and a group of owners from Location Ventures.

About Location Ventures

Location Ventures is an integrated real estate platform that provides comprehensive investment, development, management, marketing, and sales for residential and mixed-use properties in the South Florida market and beyond. Location Ventures invests in one-of-a-kind living experiences that make the highest and best use of unique development locations. The company’s more than $600 million portfolio contains a mix of ultra-luxury single-family homes, boutique condominiums, and an urban-centered mixed-use project where young professionals live and work at one address.

About ONE Sotheby’s International Realty

ONE Sotheby’s International Realty is South Florida’s premier source for luxury real estate and development opportunities with 17 offices spanning from Miami and Key Biscayne to Palm Beach and Stuart. Since its inception in 2008, ONE SIR has recruited more than 800 of the world’s most passionate and well-connected agents, backed by a global brand with a heritage of unsurpassed quality, value and trust. ONE Sotheby’s International Realty’s direct affiliation with Sotheby’s Auction House and Sotheby’s International Realty has offered the company unparalleled, global reach – an attribute sellers reap the full benefit of as their homes receive prime exposure to a network of more than 22,000 associates in 72 countries and territories across 960 offices. In addition to its luxury brokerage division, the firm also offers a development sales division representing some of South Florida’s most successful and prestigious condo developments with a total inventory of over $3.5 billion. With a vision rooted in providing exceptional service, superior market knowledge and the latest technology, ONE Sotheby’s International Realty is dedicated to giving extraordinary lives a home to thrive. www.onesothebysrealty.com

Images via Location Ventures

The article was produced in partnership with Location Ventures

Four Seasons Private Residences Fort Lauderdale Passes $250 Million In Sales With Closings Set For December

Four Seasons Private Residences Fort Lauderdale, the first five-star development to debut in the nation’s yachting capital, has announced that sales have surpassed $250 million. The important milestone was achieved in advance of first closings, which are slated for this December, and signifies the strength in the market for Four Seasons-branded services and amenities and oceanfront new construction. When Four Seasons Fort Lauderdale opens at the end of the year, Fort Partners, the Miami-based company leading the property’s development, will also unveil model residences that showcase the residences’ unique combination of luxurious design, water views and private outdoor spaces.

“Fort Lauderdale is ready for its first five-star development, and the sales success of Four Seasons Fort Lauderdale proves that,” said Nadim Ashi, Founder of Fort Partners. “The Four Seasons brand, synonymous with luxury, has been known to elevate cities into international destinations for the most discerning travelers and second-home buyers. We’ve seen that here as people from all around the world— and from our own backyard in places like Miami and Palm Beach—have descended on Fort Lauderdale to own a piece of this marquee Four Seasons development. We’re excited to welcome our new residents home later this year.”

“It has been amazing to watch our vision for Fort Lauderdale’s most luxurious development come to life,” said Ramzi Achi, Principal of Fort Partners. “We worked with the best and brightest names in the industry to deliver modern, oceanfront residences that will forever change the landscape of Fort Lauderdale, and we are proud to offer buyers a high-end lifestyle that is second to none in the area. Four Seasons Fort Lauderdale has already become an icon along the shoreline, and we look forward to unveiling the property this December.”

Four Seasons Fort Lauderdale features 83 residences and 148 guest rooms designed by a team of world renowned global visionaries, including award-winning London-based designer Tara Bernerd, who led the interior design for the residences and hotel; Miami-based architect Kobi Karp, the architectural mastermind behind the development; hospitality designer Martin Brudnizki, who created the design of the signature culinary experiences at the forthcoming Ocean Terrace restaurant; and landscape architect Fernando Wong, who envisioned the grounds of the development and will also offer private terrace landscaping services to private residence owners in a first-of-its-kind collaboration. Fernando will make his esteemed talents readily available at a time when private outdoor space is the most important home feature for luxury buyers.

“Four Seasons Fort Lauderdale has created the blueprint for luxury and class in Fort Lauderdale with its first-class amenities, five-star services and unmatched views,” said Dan Teixeira, the Director of Sales at the development. “Surpassing a quarter of a billion dollars in sales is a true testament to the vision of the development and design teams to build one of South Florida’s most desirable addresses. Our success to date has set a new precedent for what’s possible in this market.”

As one of the most iconic properties within the Four Seasons portfolio, Four Seasons Fort Lauderdale is fast-approaching sellout at over 85 percent sold. The residences range in size from one- to four bedrooms, and have lured buyers for their sprawling living spaces and generous outdoor terraces featuring unparalleled views of the Atlantic Ocean and Intracoastal Waterway.

One of the last and most spectacular listings to hit the market is the tower’s crown jewel, Penthouse 2202, priced at $15.9 million. The 6,168-square-foot penthouse features direct elevator entry, a picturesque open floor plan and 5,550- square-feet of terrace space, including a private rooftop pool.

All residents at Four Seasons Fort Lauderdale will have access to the wide array of amenities and à-la carte services managed by Four Seasons, including a state-of-the-art fitness center, two pools with luxury cabanas, beach butler service, signature Four Seasons spa, yachting services and a pet concierge with an on-call veterinarian. They will also receive special courtesies at Fort Partners’ premier portfolio throughout South Florida and the Caribbean.

Prospective buyers touring the property and the last remaining listings this December will have the opportunity to experience the completed pool deck and hotel, elevated finishes by Tara Bernerd, as model residences designed by top industry names. Pricing for two- to four-bedroom private residences begins at $3.595 million. Sales and marketing are handled by Douglas Elliman Development Marketing.

Imagery via Four Seasons Fort Lauderdale

For more information about Four Seasons Private Residences Fort Lauderdale, private showings or purchasing/ leasing information please fill out the form below:

Miami Heat Icon Chris Bosh's Former North Bay Road Estate Hits Market For $42 Million

Seeking a record price at $42 Million, the estate formerly owned by Miami Heat star Chris Bosh is the only move-in-ready residences available on the prestigious North Bay Road. Celebrity neighbors include Cindy Crawford and Rande Gerber, Karlie Kloss and Joshua Kushner, with former star owners including Dwyane Wade and Gabrielle Union. The home is seeking an overall record, but still lower price per square foot ($3,500) when compared to other recent sales like the sale of Phil Collins and Jennifer Lopez’s former home at 5800 North Bay Road which sold for $39 million at about $4,000 per square foot. Bosh sold the same property now seeking $42 million in January 2021 for $15.2 million, the massive price increase reflecting the strong demand for waterfront real estate in Miami.

Upon arrival into the lushly landscaped property, guests will be greeted by a living green wall and a garden courtyard area with water installations that highlight the home's perimeter. Developed by AquaBlue Group and conceptualized by Touzet Studio, the gut-renovated home features seven bedrooms and eight bathrooms, and a cozy modern atmosphere created with wood and stone perfectly placed throughout. The double-height great room is surrounded in glass, highlighting the captivating views of the bay and garden. Each corner of the home is intentionally and perfectly positioned to flow seamlessly together with high-end finishes from custom millwork to Italian marble slabs.

The grand master suite is as lavish as they come with large closets, oversized bathroom with tub and dual sinks, morning kitchen and of course, stunning views. The kitchen is a host and hostesses dream with a custom Italian expansive chef’s kitchen with a huge island.

The outdoor oasis features a mosaic tile infinity pool, a detached outdoor kitchen and cabana bathroom plus a separate guest quarters. The fully automated smart home also features a commercial-grade elevator and more.

6396 North Bay Road is listed for $42 million by Albert Justo & Mirce Curkoski with The Waterfront Team at ONE Sotheby’s International Realty.

Trending Neighborhoods for Renters in Miami for Summer 2021

Miami! Ah, the Magic City. It is full of everything; from the very notorious beaches to the extremely happening culture and Cuban restaurants - its milieu is unmatched.  So, we can eagerly say that it is one of the most sought-after places today, with its fantastic education institutions and exquisite weather. And hence the flourishing neighborhoods are becoming promising in terms of some good markets. 

This time is not only beneficial for those who are seeking to buy a place to settle down, but also for those who are aiming to become a landlord. At the same time, this article will also help renters to find a good place to live, matching their personality. 

It isn't rash of you to venture into some neck of the woods in this gorgeous little place in Florida. So, whether you are looking to rent a place or buy a place, it is the right time for you to invest. Miami, after all, is the land where things happen.

If you are looking to rent a place for yourself:

Finding a good place in Miami is no child's play, especially if you are not much familiar with the city. You must find a faction of this place where you find yourself most welcomed. And this could only happen when you explore a place that coordinates with your personality. Here are some trendy communities in Miami that you could check out.

Downtown Miami:

This particular area of Miami is quite convivial in all senses. It is the nucleus of mercantile activities of this city and is quite economically boosted. You can spend days just being mesmerized by the beautiful skyscrapers and evening treats, which include an impressive amount of open stations and clubs. 

Wynwood:

If you are looking for an urban catch, Wynwood might be the most suitable place for you, not just in Miami, but certainly in the whole western world. There is a rail of extensively beautiful apartments to rent on 25th Street here, that is adjacent to the most fabulous and advanced faction. Wynwood is full of landlords renting out. 

Coconut Grove:

One of the most desired neighborhoods of Miami, Cocoanut Grove, is what we call - the real Miami. The vibe is incredible with beautiful beaches around and some of the most luxurious buildings and resorts. The rent is not that expensive either (compared to other places in Miami). 

Despite all the appeal, facilities, and content of living, you will receive while living in Miami; it might not be the cheapest thing. It might not come as a shock to you that Miami is a bit expensive since this artistic city comes under one of the most highly developed regions of the USA. But wait, every dark cloud has a silver lining; taxes in Miami are impressively less if compared to other developed states and cities of the USA.

Additional Expenses to consider

1. Renters Insurance

It is always advised to go for renter's insurance {tenant insurance} for helping to manage the financial cost of  a number of liabilities that could affect you. . Renter's insurance tends to really minimize the extra load upon tenants. You must check out and understand more of the insurance offered by trusted companies like Lemonade renters insurance in Florida.

1. Average living costs

You should always take into account the average living costs of the neighborhood you choose to live in. From groceries, to cleaning expenses and nightlife, these tend to change drastically, depending on your location in Miami.

1. Health costs

It is also advisable to look into the health costs of hospitals in Miami. You should take those costs into consideration according to the average you are spending yearly on these types of expenses in the city you are currently living in.

If you are looking to buy a property (either to live in, or rent out)

Enough of renting, buying a house in Miami is too productive today. The market is stronger than ever. But it takes a good eye to find a place that could justify your investment. So, whether you are looking to buy a place to rent out or live in, here are some neighborhoods you can check out. 

Pinecrest:

You can wake up in the middle of the night and still find some of the most amazing coffee places and Cuban restaurants lightened. The whole vibe of this place is too beautiful to resist. If nature, tranquillity, and pacific conditions are what you are looking for, you can definitely check out Pinecrest.

This area is also quite famous for tourists who come to settle for a few months, hence could mean profit-profit to landlords.

Kendall:

If you are settling in a place with family, having two kids, Kendall could be the most sensible choice. It is the safest place in Miami and has one of the most reliable educational organizations surrounding the whole area. It's perfect for families and even couples who are seeking to support a family in the coming future. 

Due to the presence of some amazing institutions, etc., the place is always clamored with new-job prospects and college students that seek a place to rent. 

Bal Harbour:

You can find the finest beach in Bal Harbour, with exotic lush weather. It is the neighborhood where you will find houses with the most amazing views, be it sea-view or a magnificent skyline view. It is one of the most resident-friendly places in Miami. 

If you look through a real-estate perspective, this is the perfect time to invest in buying a house in Miami since it is witnessing a valid and profiting market, low mortgage rates, good tax expense, beautiful houses with ranging buyers, and renters. You just need to have a critical eye to invest in the most benefitting area. If you are looking to buy a house to settle down, why wait for more? There are so many trendy and fun neighborhoods with extremely safe provisions and profound schools and medical facilities. Plus you get to go to the finest beaches every Sunday. 

Whether you are renting out the place or staying in, you must have insurance for your place especially the landlords should look into landlord insurance for maximum protection and better benefit. As it is already stated how wrenching it could be to live in this place. 

Final Words:

No matter if you are looking for a place to rent or buy, Miami is highly promising today. The lifestyle of this city is what makes this place so desirable. Just try to be smart, do your research with utmost sincerity, and find the best neighborhood that suits your preferences.

Ian Bruce Eichner Launches Sales At 'La Baia' In Bay Harbor Islands

Visionary New York developer Ian Bruce Eichner, who developed the Continuum South Beach, has launched sales at La Baia in Bay Harbor Islands. The boutique bayfront condominium will feature its own private marina. A boutique, eight story structure, La Baia, Bay Harbor Islands will feature 68 luxurious residences with 20-boat slips and more than 30,000 SF of resort-style amenities. A private enclave on the Bay Harbor Islands, La Baia offers world-class waterfront living set against a backdrop of the beautiful Biscayne Bay and Miami’s ever-evolving tower-filled skyline. The project is slated for completion and delivery in November 2023.

“We are delighted to launch sales now - as Bay Harbor’s unique lifestyle is being discovered and in high demand by a new wave of buyers looking to relocate here,” said Eichner, the founder of The Continuum Company, LLC. “Just as Continuum paved the way for South of Fifth to reach its potential, so too will La Baia be transformative for Bay Harbor Islands.”

Eichner has assembled an award-winning team of design talent to bring La Baia, Bay Harbor Islands to life. La Baia is designed by Revuelta Architecture and the rooftop amenity deck and lush greenery was envisioned by world-renowned landscape architect Enzo Enea. Suffolk Construction, one of the nation’s most successful builders spanning over four decades, has been selected as the project’s general contractor.

“The same attributes I recognized in South of Fifth a decade ago draw many parallels to the Bay Harbor Islands today,” Eichner explains.

La Baia is located 9201 East Bay Harbor Drive on one of the last large-scale land parcels remaining on Bay Harbor Islands. Residences are priced from $810,000, sales are being exclusively handled by Pgutman LLC and headed by Phil Gutman.

Residences are sized from one- to four-bedrooms and range between 1,100 SF to 2,500 SF. Each La Baia, Bay Harbor Islands home will be delivered completely finished and ready to be designed, decorated and furnished. Every residence features well-appointed fixtures and finishes curated by New York-based Durukan Design. Ceiling heights range between nine- to 10- feet, there are spacious his-and-her walk-in closets, balconies with glass railings and a pair of secure underground parking spots for each owner.

In the kitchens, custom Italian cabinetry by Snaidero is complemented by Miele appliances, along with quartz stone countertops and Hansgrohe fixtures. Every La Baia, Bay Harbor Islands primary bathroom and powder room features marble flooring and dual rainfall showers.

“La Baia’s waterfront setting offers the optimum active and healthy Miami lifestyle. Now more than ever, families are taking pleasure in a wide range of outdoor activities and experiencing the joys of boating as never before,” said Phil Gutman, President of Pgutman LLC. "Our private marina is a fabulous amenity as is the ability to kayak, paddleboard or swim. It's the essence of a Florida lifestyle.”

The Bay Harbor Islands are private, yet accessible, with scenic walkways, charming neighborhoods and elegant dining and shopping along Kane Concourse that offer world-class sophistication. The Islands’ Broad Bay Harbor K-8 Center is ranked among the best schools in the region, while Miami International Airport is just a short drive away.

Image via We Are Visuals

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

57 Ocean Achieves $330 Million Sell-Out And Receives TCO With Closings To Begin In October

57 Ocean condominium on Miami Beach’s iconic Millionaire’s Row has announced that it has achieved a $330 million sellout and has received its TCO. Closings are set to begin in October. Sales and marketing launched in 2018 and were led by Fortune Development Sales. Located at 5775 Collins Ave., 57 Ocean was developed by Brazilian billionaire Dr. José Isaac Peres’ Multiplan Real Estate Asset Management, led by managing partner Marcello Kingston.

57 Ocean offers 81-units which come in two to four-bedroom floor plans which started at $1.5 million. Units range in size from 1,200 to 3,600+ square feet, as well as 18 flow-through Sky Residences. The well-appointed homes feature expansive terraces, each stretching 12 feet deep, as well as contemporary Italian kitchens and baths by Poliform. The buildings crown jewel penthouse sold for $36 million, a 7,500 SF Sky Residence with an additional 7,000 SF of outdoor space.

Five-star amenities will include a holistic spa by One Ocean Beauty and products from its marine-based skincare line, a wellness pavilion with a thermal suite and a relaxation and meditation area, along with poolside treatment cabanas, a state-of-the-art fitness center with top-of-the-line MyIsle training equipment by MyEquilibria, and an indoor Technogym fitness center. There will also be a children’s activity room, 24-hour concierge services, pool and beachfront concessions and attendants, direct access to the adjacent Miami Beach Walk, and more.

High-net-worth individuals have been attracted to 57 Ocean from across the globe, but primarily from New York, which accounts for over 65% percent of the tower’s domestic purchases. Buyers singled-out the project for its unparalleled location, contemporary designs by Arquitectonica and interior architect Patricia Anastassiadis, and robust assemblage of holistic “Blue Wellness” amenities and services.

Check out PROFILEmiami’s full coverage of 57 Ocean

Renderings via DBOX

For more information about 57 Ocean, private showings or purchasing/ leasing information please fill out the form below:

Melo Group Completes $40 Million In Penthouse Sales In Past 90 Days At Aria Reserve

As penthouse demand skyrockets across South Florida, Melo Group, the developers behind Miami’s Aria Reserve twin tower luxury condominium development, have completed $40 million in penthouse sales at the project’s South Tower over the last 90 days. All 12 of the tower’s single-story penthouses are now under reservation, with only five soon-to-be-released tri-level penthouse mansions remaining available for purchase. More than 40% of the first tower’s 391 residences have already been sold since sales launched in June, with more than half of its buyers hailing from domestic markets within the United States. Situated on five acres fronting Biscayne Bay in Miami’s Edgewater enclave, Aria Reserve’s 62-story towers will mark the tallest waterfront dual tower residential development in the United States. Construction of the project’s South Tower is expected to begin in early 2022, with completion slated for 2024.

Aria Reserve’s limited collection of penthouses residences each come with its own one-of-a-kind private three-car garage vault. The 12 now-sold single-story penthouses, which range between 3,500 to 3,800 square feet in size, captured prices between $3 million and $3.5 million. Five remaining tri-level penthouse mansions, which measure between 5,000 and over 7,000 square feet, all feature private rooftop decks with pools and summer kitchens and are priced up to $12 million.

“Aria Reserve’s penthouse collection includes everything Miami’s most discerning buyers are looking for – privacy, space, access to an abundance of outdoor amenities, and, of course, some of the best waterfront views in Miami,” said Carlos Melo, Principal of the Melo Group. “One of the major selling points for our penthouses is our unique ‘garage vault’ which gives residents access to their own private climate-controlled and secure three-car garage within the building’s larger parking facility – a distinctive feature that has been especially popular among homeowners who are transitioning to condo living.”

Non-penthouse residences at Aria Reserve will include one- to four-bedroom floorplans measuring between 1,100 and 2,600 square feet in size. Prices range from about $850,000 to just over $2 million, at an average of approximately $850 per square foot.

Every residence will include two private or semi-private elevators, a dedicated office/bonus room, at least 10-foot-high ceilings, and open flow-through layouts with up to 11-foot-deep expansive terraces boasting unparalleled sunset views to the west and bay and ocean views to the east.

“Over the last few months, we’ve seen incredible demand for our penthouse residences, as buyers look to downsize from large houses and upgrade to amenity-rich and convenient luxury condo living,” said Martin Melo, Principal of the Melo Group. “Aria Reserve’s spacious penthouses are like waterfront homes in the sky designed and built for residents to live in and utilize year-round. Although we’ve already sold the entirety of our lower penthouse inventory, some of the most beautiful residences in the building – our five tri-level upper penthouse mansions – will be released to the market very soon.”

Aria Reserve has been architecturally designed by Bernardo Fort-Brescia of Arquitectonica, with interiors by MORADA Haute Furniture Boutique, and lush landscaping by ArquitectonicaGEO.

The development will boast over two acres of amenities, with standout features including a semi-Olympic sized lap pool and whirlpool spa, a children’s splash pad, playground area, teen lounge and gaming center, a theater, tennis courts, basketball courts, paddle courts, a golf putting green, and an indoor/outdoor wellness center with spa/steam/sauna facilities, massage rooms, a state-of-the-art gym, yoga lounge and meditation garden.

The building will also feature a double-level 25-foot lobby, a signature waterfront restaurant and café, two additional pool and lounge areas with two Jacuzzis and poolside daybeds, a fire pit, a dog park, and a telescope observatory area looking out over the bay. Residents will also have access to a custom-designed watersports dock with available paddleboards, kayaks, and inflatables.

On the ground floor along 23rd Street, Melo Group is developing a public park with open green space that will connect to the Miami Baywalk, providing direct access to the 5-mile-long pedestrian and bicycle-friendly waterfront promenade which runs along Biscayne Bay from Edgewater, around Brickell Key, and all the way to Brickell Bay Drive in Brickell.

Situated along the bayfront just north of Downtown Miami, nestled between the Venetian and Julia Tuttle Causeways – the two main arteries connecting the City of Miami and Miami Beach – Edgewater has fast-emerged as the epicenter of the new Miami. The surrounding neighborhoods of Downtown’s Arts & Entertainment District, Miami Design District, Wynwood Arts District, Midtown Miami, and Miami Beach put residents within blocks of dozens of luxury retail shops, high-end restaurants and world-class arts and culture venues.

Aria Reserve’s preconstruction sales model allows for 30-percent-down deposits for domestic U.S. buyers, and 40-percent-down deposits for international buyers. Under this model, payments are staggered with 10 percent deposits made at varying stages throughout the course of the development’s construction, from the reservation/contract stage all the way to top-off, with the remainder of the unit’s value due upon completion/closing.

Aria Reserve benefits from the development expertise of the Melo Group, one of South Florida’s preeminent residential development firms with a portfolio of more than 6,000 total luxury condominium and high-end rental units completed throughout Greater Downtown Miami. The firm is one of Downtown Miami’s most prominent long-term investors and landowners, having found success by investing early in prime real estate and building for market demand. Over the last two decades, Melo has delivered more than a dozen residential towers across Miami’s Central Business District, Edgewater, Miami River, and Arts & Entertainment District neighborhoods.

Master Brokers Forum Listing: Take A Look Inside A North Pinecrest Italianate Home Asking $4.488 Million

Master Brokers Forum: Nestled in a tropical oasis of mature oaks and lush verdant landscaping, Master Brokers Forum member Elena Bluntzer presents this sprawling, one-story Italianate home with 7,891 square feet sitting majestically on a builder’s acre in the heart of North Pinecrest. This perfect family home is located just minutes from excellent restaurants, shopping, and the best schools in country. The grand estate is ready to move in and boasts numerous upgrades, including hurricane impact glass doors and windows, a sprawling layout, and volume ceilings. For the most discerning buyer that prefers a classic Mediterranean style, this walled grand estate is the best property on the market today. Easy ingress and egress from the most sought-after neighborhood of grand homes in Florida.

9226 SW 67th Ave., Pinecrest is currently listed for $4,488,000 with Elena Bluntzer of ONE Sotheby’s, who can be reached at 305-992-7987 and/or ebluntzer@onesothebysrealty.com.

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

Images via Elena Bluntzer/ ONE Sotheby’s International Realty

This article was produced in partnership with Master Brokers Forum