Over $100 Million In Sales at The Residences at Shell Bay Following Opening Of Ultra-Private Shell Bay Club

The Residences at Shell Bay, the world-class, 150-acre enclave in the Miami region, has seen over $100 million in sales at the Kobi Karp-designed 20-story, 108-residence condominium tower, following the opening of the ultra-private Shell Bay Club in October. The Shell Bay Club is South Florida's first and only new golf club in over 25 years, underscoring the market's thirst for living on an ultra-luxury golf resort.

Leading visionary real estate development firms Witkoff and PPG Development are developing the project in partnership with Auberge Resorts Collection, the highly awarded hospitality operator with an acclaimed portfolio of luxury boutique hotels, resorts, and residences. Sales for the residences are released in exclusive, limited phases led by Douglas Elliman, and are set to deliver in 2025.

Brought to life by Auberge Resorts Collection, The Residences at Shell Bay provide an enclave for those who want to live exceptionally featuring interiors by AvroKO. Part of a fully gated community with 24/7 monitoring, residences offer open-concept layouts with expansive living and entertainment areas, floor-to-ceiling windows, expansive ten-foot ceilings on typical floors, spa-inspired primary bathrooms, gracious wraparound terraces with vistas of the private golf course, and minibars serviced by the hotel. In addition, residences will have a dedicated Director of Residences to provide the highest level of personalized care and a la carte resort services including in-residence housekeeping and dining.

The Shell Bay Club represents the new frontier of elite clubs, bespoke residences, and elevated wellness and leisure, offering one of the most exclusive private members clubs in North America. The amenities and programming have been carefully designed with world-class athletes and experts to cater to both the ultimate luxurious lifestyle and peak-functioning performance. The Shell Bay Club includes a 7,250-yard championship golf course designed by Greg Norman, a 12-acre practice facility with a 9-hole par 3 course, a premier racquet center with four Grand Slam tennis surfaces, pickle ball courts, and padel courts, a 48-slip private yacht club, and a private Member’s Clubhouse with a spa and performance fitness center.

In addition to branded residences, Shell Bay will have a boutique resort managed by Auberge Resorts Collection. Auberge is a best-in-class luxury resort and residential operator known for one-of-a-kind experiences in extraordinary destinations, with hotels including Auberge Du Soleil in Napa Valley, Hotel Jerome in Aspen, Lodge at Blue Sky in Park City, Mayflower Inn and Spa in Connecticut, and the Grace Hotel in Santorini. The company was named by Travel + Leisure as one of the “Top Hotel Brands in the World,” while 12 of its 22 properties were awarded in Travel + Leisure’s 2022 World’s Best List, the highest percentage of any brand.

Auberge is also a seasoned residential manager with residential properties including Madeline Hotel and Residences in Telluride, Stanly Ranch in Napa Valley, and Chileno Bay Resort and Residences in Los Cabos.

Renderings via MARCH

PROFILEconnect: South Florida Capital Markets Summit at E11EVEN Residences Beyond on 2/7/24

On Wednesday February 7, 2024 PROFILEmiami will host its inaugural South Florida Capital Markets Summit, exploring the current state and future of how real estate in Miami is valued, financed, and transacted with South Florida’s top real estate and finance executives.

Discover the intricacies of commercial real estate investment and financial markets where industry leaders will dissect the impact of changing interest rates, inflation, and global economic conditions on investment decisions. The exclusive panel features industry leaders developer Dan Kodsi of Royal Palm Companies, Dev Motwani of Merrimac Ventures, Raul Llanes of City National Bank, Michael May of Silverstein Capital and Justin Oates of Cain International; moderated by Matt Einheber of TitleEQ.

Panelists will have a comprehensive discussion about the current capital stack in commercial real estate deals and explore strategies that sponsors can employ to optimize their capital structure. The discussion will also delve into the market's underwriting standards and loan-to-value ratios, uncovering their influence on loan approvals; as well as a spectrum of financing options, from debt and equity to mezzanine financing and EB-5, and grasp typical terms offered. The discussion serves to educate attendees to anticipate future challenges and opportunities in the commercial real estate financing landscape while acquiring best practices for managing and mitigating risks, particularly in times of economic uncertainty.

Part of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series, the event brings together Miami’s real estate industry and business professionals to network and connect outside of a traditional business setting. Guests will have the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders as they discuss the industry’s most pressing topics. The evening is hosted by Demetri Demetri Demascus and Katya Demina of PROFILEmiami.

Panelists:

• Dev Motwani, Merrimac Ventures

• Dan Kodsi, Royal Palm Companies

• Michael May, Silverstein Capital

• Raul Llanes, City National Bank

• Justin Oates, Cain International

• Moderator: Matthew Einheber, TitleEQ

Who Should Attend: Developers, Investors, Brokers, Lenders, Private Equity, Family Offices, Architects, Lawyers, Designers, Wealth Managers, Financial Planners, CPAs and other Business Professionals.

Date: Wednesday, February 7, 2024

Where: E11EVEN Residences Beyond Sales Gallery, 1018 N Miami Avenue, Miami, FL 33136

Time: 6 PM - 9 PM

Music: DAKAP

Food & Drinks: Zeroe Plant Based Caviar, E11EVEN Vodka

Schedule:

• 6 PM - 7 PM: Cocktails & Networking w/ sound by DAKAP

• 7 PM - 8 PM: Architecture & Interior Design Panel

• 8 PM - 9 PM: Cocktails & Networking w/ sounds by DAKAP

Sponsors

---

Sponsor Event

Sabal Development Reveals TOGU Designed Penthouse At Brickell House Asking $14.99 Million

Sabal Development has revealed a lavish newly designed penthouse which just hit the market asking $14.99 million, located at 1300 Brickell Bay Drive in the 46-story Brickell House Condominium. The modern, sophisticated property features breathtaking panoramic views of Brickell, Key Biscayne, and Miami Beach. The unit is overlooking Biscayne Bay, in the heart of Miami’s Financial District, just minutes away from the bustling downtown food and entertainment district. Lourdes Alatriste of Douglas Elliman is the listing agent. Sabal Luxury Builder is the contractor.

“We are extremely proud of our team's versatility and vision to produce a luxury listing such as this," said Pascal Nicolai, Founder and CEO of Sabal Development.

The 6,500-square-foot penthouse is on the 44th floor of the building and is equipped with 5 spacious bedrooms and 7 bathrooms. Once you enter, you are greeted with 20-foot ceilings and floor-to-ceiling sliding glass doors leading to an oversized balcony with beautiful views of both the city and Biscayne Bay. The chef's kitchen is open-concept and has subzero and Thermador appliances. The penthouse also has a wine cellar, theatre, personal gym, office space and is fully automated through the Savant System.

Completed in 2014, Brickell House is a 46-story luxury condominium with state-of-the-art amenities, including 2 swimming pools, rooftop pool-deck, sundeck, fitness center, spa, and sauna. The residence also features the world’s largest AGV automated robotic parking system, valet parking, concierge services, and two street-level restaurants, LPM Restaurant & Bar and Osaka Concina Nikkei.

Recognized by the Wall Street Journal as one of the Top Sales Agents worldwide, Lourdes Alatriste is a leader in the Miami premium real estate market.

Renowned for its passion and uncompromising attention to detail, TOGU Design earned its reputation for curating art and furniture at opulent hotels throughout France and Switzerland.

Check Out This Tropical Modern North Bay Road Waterfront Estate Asking $42.5 Million

An ultra-sleek tropical modern waterfront listing with two outdoor pools on the prestigious North Bay Road in Miami Beach has hit the market for $42.5 million. The home is located at 5004 North Bay Road and blends modern architecture with timeless design. Oren Alexander and Isaac Lustgarten of OFFICIAL are the exclusive listing agents; the pair also selling a neighboring property.

Designed by Jennifer Post, the 8-bedroom, 9-bath home features over 21,000 square feet of indoor and outdoor living space. The home’s dramatic entryway is surrounded by a large water feature, while inside, floor-to-ceiling windows fill the modern interior spaces with natural light. The sleek and timeless finishings set the stage for its future buyer's style. There is also an atrium courtyard in the heart of the home, bringing the outdoors and fresh air inside.

Outdoors, the home features 105 feet of water frontage, as well as not one, but two outdoor pools: a rare rooftop pool and an infinity edge pool, both overlooking the bay. The lushly landscaped outdoor amenity spaces are made for Miami Beach entertainment, with an outdoor kitchen, dining space and plenty of lounge seating including a sunken seating area. The home also features a private dock with waterfront views.

Images via OFFICIAL

Inside Gil Dezer's Patented 'Dezervator' Coming To Bentley Residences Miami

Real estate visionary Gil Dezer of Dezer Development, a car collector and aficionado, wanted to offer his buyers at the iconic Porsche Design Tower an amenity that no other tower in the world offered, a car elevator to deliver you and your car to your own private garage in the sky. The patented ‘Dezervator’ was born, and changed the face of ultra-luxury real estate forever. The ‘Dezervator’ is a one-of-a-kind ultra-luxury car elevator which provide residents with direct access to their apartments inside their cars, offering a seamless and unprecedented lifestyle experience.

“When we started designing the Porsche Design Tower we thought about, what does Porsche have to do with real estate, so we made the building about the car and the car lover. What happened the building became a place for privacy. It is the only building in the world that you can come and go and you do not have to see a valet or security and you have full access to your home the way you would have it in a single family home,” said Gil Dezer who pioneered the “Dezervator’ and developer of Porsche Design Tower and Bentley Residences Miami.

Now, Dezer has teamed up with Bentley Motors for the upcoming Bentley Residences Miami, which is currently under development in Sunny Isles Beach. Scheduled for completion in 2026, the Bentley Residences will boast a four-car garage for each apartment, equipped with space for electric vehicle (EV) charging points. The standout feature of these garages is the state-of-the-art 'Dezervator' lift which will effortlessly transport both cars and passengers from the road to the apartment in a single, smooth motion.

“After completing Porsche Design Tower some of the feedback that we got from our buyers is that they were seeking more in-unit parking as some had larger families, etc. So in Bentley Residences Miami each garage will have parking for 4 cars as well as in-unit electric car charging.” Explained Gil Dezer.

The Bentley Residences will feature four 'Dezervators,' a unique elevator design conceptualized by Bentley's partners at Dezer Development. These elevators can transport cars to the top floor of the 749 ft building using a hydraulic system that securely lifts the car onto a robotic shuttle system. Riding the Dezervator, while seated in your car, offers a one-of-a-kind experience, with glass-enclosed lower floors providing panoramic views of the communal areas.

Each resident will have a personal three or four-car garage within their apartment, complete with EV charging amenities. RFID stickers in residents' cars will trigger a sophisticated lighting system upon arrival, guiding them to the correct Dezervator without any manual intervention.

“Every unit features the patented Dezervator system which takes you and your car up to your apartment where your car sits right in your garage a few steps from your front door. No other building in the world offers that amenity. You walk straight from your garage into your apartment, into the foyer, which overlooks the swimming pool on every single balcony and the ocean beyond.”

Bentley Motors and Dezer Development joined forces in 2021 to bring to life the first-ever Bentley-branded residences. Spanning an impressive 61 stories, each exquisitely finished apartment will offer breathtaking bay and ocean views. Prospective residents can now take a virtual reality tour to explore the Bentley Residences firsthand, experiencing the unique journey via the 'Dezervator' lift up to the in-unit garages. The Sales Gallery, which opened in 2022 in Sunny Isles Beach, Miami, is also open for those local to the area, showcasing a full-size 6,000 sqft model unit furnished by Bentley Home.

With prices starting from $4.2 million, Bentley Residences Miami promises a lifestyle of unparalleled luxury, seamlessly blending Bentley's automotive excellence with the epitome of high-end living.

Meet Our Iconic Supercar Industry Panelists for PROFILE Collectors Club 'The Evolution of Collector Hypercars'

On Thursday January 25, 2024 PROFILEmiami will host ‘PROFILE Collectors Club: The Evolution of Collector Hypercars’ at leading hypercar dealership Prestige Imports. Where passion and opulence intersect, PROFILE Collectors Club is an ultra-luxury bespoke experience bringing together today's hottest brands and rarest collector's items with Miami's most active real estate and business professionals to connect and learn about their passions outside of a business setting. The lavish bespoke networking soirée will feature a panel discussion featuring automotive industry icons Prestige Imports CEO Brett David, CURATED founder John Temerian, real estate developer Gil Dezer of Bentley Residences and Porsche Design Tower, and celebrity art dealer and supercar collector Avery Andon of Art Life, who will share insights into hypercar evolution, the art of collecting, the preferences of the new generation of collectors, and the potential influence on vintage, modern, hybrid, and electric supercar values.

---

Brett David, CEO, Prestige Imports

Brett David, one of the leading minds in the business of automotive, serves as the dynamic CEO of Prestige Imports, a globally renowned luxury automotive dealership specializing in rare and exotic vehicles. As the second-generation leader of this iconic family-owned business, Brett has successfully guided the company to unprecedented heights, solidifying its position as a premier destination in the bespoke automotive industry.

Prestige Imports, home to one of North America's leading Lamborghini dealerships, proudly showcases phenomenal models such as the Aventador, Huracán, and Urus. The dealership's expansive showroom is also a haven for enthusiasts, featuring a diverse collection of exotics and supercars of all kinds. Renowned brands like Pagani of Miami, Gunther Werks of Miami, Lotus of Miami, Czinger of Miami, and many others grace Prestige Imports' showroom, offering a remarkable array of automotive excellence.

Prestige Imports caters to all forms of transportation that transcend the boundaries of land, sea, and air. The Prestige Marine division showcases popular watercraft brands including Pardo, Iguana, Midnight Express, Van Dutch, and Tecnomar. Additionally, Prestige Aviation extends the company’s impressive offerings to private aircraft.

Notably, Brett David and the Prestige Imports team regularly give back to the community with the establishment of Ride2Revive, a non-profit organization. This annual event, orchestrated by Prestige Imports, unites exotic car owners for a noble cause and exemplifies Brett David's commitment to giving back and providing exceptional automotive experiences to those experiencing difficult circumstances.

Brett David's unwavering commitment to meeting each client’s specific needs has made Prestige Imports the foremost choice for luxury transportation enthusiasts in and around South Florida.

---

Gil Dezer, Dezer Development (Porsche Design Tower & Bentley Residences)

One of the youngest developers of luxury high-rise residential and condo-hotel properties in the United States, Gil Dezer has been instrumental in changing the face and value of South Florida real estate. He has earned wide recognition as a key developer at the forefront of the luxury brand partnership real estate trend and continues to actively partner with major brands to further spotlight South Florida to buyers globally.

Most recently, Gil announced his partnership with Bentley Motors to construct the first ever Bentley Residences, 200-plus oceanfront residences which will launch sales later this year. Standing at 749 feet and over 60 stories high, the property will be the tallest residential tower on a U.S. beachfront.

Other Dezer Development oceanfront projects include the first-ever Residences by Armani/Casa tower in partnership with the iconic fashion and furnishings designer, Giorgio Armani. Developed in partnership with the Related Group, the project recently achieved its $1 billion sellout. Gil also partnered with Porsche Design Group to deliver Porsche Tower, a 60-story ultra-luxury tower showcasing a one-of-a-kind Patented robotic parking system known as the “Dezervator,” which allows owners to park their vehicles in ‘sky garages’ directly next to their units. Gil also led the Trump Organization’s first foray into the South Florida real estate market through the successful development of Trump Grande Ocean Resort and Residences and Trump Towers.

Notable future projects include the Intracoastal Mall, which will bring 2,000 residences, 375,000 square feet of retail, 200,000 square feet of office, a hotel, harbor and park to the Miami waterfront site, transforming the nearly 30-acre property.

Gil holds a Florida real estate license and is the past president and Chairman Emeritus of the Developers & Builders Alliance (DBA), one of the world’s largest development and construction organizations. He is a past recipient of the Greater Miami Chamber of Commerce’s R.E.A.L. Award for Residential Real Estate – Condominiums, and has taken home the Platinum Personal Achievement Award for Sales Director of the Year for Trump Grande Ocean Resort & Residences for three years in a row at the annual Florida’s BEST Awards.

Active in the community, Gil holds several positions including co-founder of the Mount Sinai Medical Center Foundation; Young President of the Miami Heart Institute; and member of Florida Friends of Israeli Defense Forces (FFIDF); Project Cradle in Miami; WIZO Florida; and One Family Fund Organization.

---

John Temerian, CURATED

John Temerian, the co-founder of CURATED, is a notable car aficionado and a driving force behind the company's unique approach to vintage supercars. Established in 2015 with business partner Jordi Ricart, CURATED distinguishes itself by functioning not as a conventional dealership or restoration facility, but as a team of historians dedicated to preserving the legacies of rare automotive gems. Specializing in Vintage Blue Chip European Automobiles, particularly those from the 1970s to the early 2000s, Temerian's passion for these iconic vehicles is evident in CURATED's commitment to meticulous restoration and documentation.

Temerian's leadership, alongside co-founders Ricart, Alan Lazowski, and Jim Goetz, has propelled CURATED to international acclaim. Believing in the automobile as a viable investment asset class, they strategically focus on low-production cars, betting on the iconic supercars of the 1980s and 1990s. This vision has positioned CURATED as a renowned brand, celebrated for its pursuit of unique Analog Supercars. Temerian's partnership with Jordi Ricart is a testament to the synergy born from their seemingly disparate backgrounds – a passionate car aficionado and an experienced corporate executive. Their shared commitment to integrity, entrepreneurship, and stewarding the next generation of collectors defines CURATED's success.

The genesis of CURATED arose from Temerian's inherent love for vintage European blue-chip supercars and Jordi's entrepreneurial mindset. Their partnership, supported by Alan Lazowski and Jim Goetz, has not only shaped the company but also garnered the trust of clients and investors alike. With an unwavering vision and relentless pursuit of excellence, John Temerian has played a pivotal role in making CURATED a respected authority within the niche, recognized for pairing the world's best supercars with the world's best collectors.

---

Avery Andon, ArtLife

Avery Andon is a Veteran Art Dealer and Philanthropist, most notably as the manager to world renowned Street Artist, Alec Monopoly and Founder / CEO of ArtLife Gallery. Under Avery’s guidance, Alec has grown into one of the most profitable street artists in the world, with 8-figure annual revenue, sold out exhibitions from New York to Morocco, and lucrative endorsement deals. Avery founded www.artlife.com in 2014, a successful e-commerce art platform considered one of the first Online-Only Blue Chip Art Galleries. ArtLife has achieved 8-Figure annual sales using an innovative business model Avery conceptualized coined “Click & Mortar” - combining online and social media “click” driven sales with strategically planned brick and “mortar” physical pop ups. He has been featured in New York Times, Forbes, Vanity Fair, New York Post, and HypeBeast along with advising a range of celebrities and companies on their Art Investments. As an active philanthropist, Avery has served as the Co-Chair for UCLA Mattel Children’s Hospital, Goldie Hawn’s Mind Up Charity, along with co-founding City Seats to benefit The Boys & Girls Club of America. Avery currently serves on the Committee of anti- poaching non-profit WildAid, and Amazon conversation charity ACT. Since moving to Miami, Avery has supported Miami Police’s Do The Right Thing Initiative, and Amigos for Kids to help provide meals for underprivileged South Florida families.

---

Buy Tickets

Date: January 25, 2024

Location: Prestige Imports, 15050 Biscayne Blvd, North Miami Beach

Event Time: 7 PM – 10 PM

DJ/ Music: DAKAP

Fireside Chat Speakers:

• Brett David, Prestige Imports

• Gil Dezer, Dezer Development 

• John Temerian, CURATED

• Avery Andon, Art Life

Immerse yourself in Prestige Imports' one-of-a-kind Miami Showroom for an ultra-luxury experience featuring:

• ON VIEW: A custom curated collection of coveted vintage and modern hypercars from brands such as Bugatti, Pagani, Ferrari, McClaren and Lamborghini, guided by supercar icon Brett David, vintage supercar dealer John Temerian of CURATED, and renowned collector Gil Dezer, developer of Bentley Residences Miami and Porsche Design Tower.

• ON VIEW: Custom curated collection of over 60+ rare timepieces including Patek Philippe, Audemars Piguet, Richard Mille, Rolex, etc. by Timepiece Trading.

• ON VIEW: Custom curated art collection by celebrity art dealer Avery Andon of Art | Life featuring works by Andy Warhol, Keith Haring, Jeff Koons and Alec Monopoly.

• A panel discussion with exploring "The Evolution of Collector Hypercars” featuring esteemed panelists, including Prestige Imports CEO Brett David, CURATED founder John Temerian, real estate developer Gil Dezer of Bentley Residences and Porsche Design Tower, and celebrity art dealer Avery Andon of Art Life.

• Pop-Ups by Miami-based shoe and lifestyle brand Blu Scarpa and diamond jeweler Susan Blake.

• A luxury DJ-led cocktail soiree surrounded by rare hypercars. Food & Drinks by Pura Vida, Zeroe Plant Based Caviar, E11EVEN Vodka, VIP Seltzer and Brugal Rum.

• Music by local Miami-based DJ DAKAP

Thank You To Our Sponsors:

Penthouse At Indian Creek Residences & Yacht Club Sets New Price Record For Bay Harbor Islands

Penthouse 1 at Indian Creek Residences & Yacht Club, the Kobi Karp-designed ultra-luxury boutique development condo on Miami's Bay Harbor Islands, has gone into contract before even being publicly listed. Asking $12 million, the penthouse sale sets a record price for the islands, in terms of total sale price and price per square foot. For comparison, the current condo sale price record for Bay Harbor Islands is $3.325 million, for a condo that sold in 2014.

Penthouse 1 overlooks the exclusive Indian Creek Island, known as "Billionaire's Bunker" and home to the likes of Jeff Bezos, Tom Brady and Ivanka Trump. The full-floor home, the largest penthouse for sale on the islands, spans 5,293 square feet and offers 75 feet of unobstructed waterfront views, as well as a private terrace, wine wall feature and access to the development’s amenity collection, including one of the area's only private yacht clubs, a rooftop pool, spa, fitness center, outdoor screening lounge and more.

The sale comes fewer than three months after Indian Creek Residences & Yacht Club launched sales, illustrating the strong demand for luxury new development on the Bay Harbor Islands. Since 2019, the average closed price in Bay Harbor has increased 117% and the average closed price-per-square-foot has increased 85%. The islands are in the midst of a major transformation, emerging as a new luxury destination in a pocket of Miami that feels more like a neighborhood than many other areas.

Indian Creek Residences & Yacht Club is being developed by the NYC and Miami-based Landau Properties, led by Jonathan Landau. The boutique building offers nine luxury condominium homes and six yacht slips, providing one of the only private yacht clubs in the area and a sought-after opportunity for waterfront views of the coveted Indian Creek Island and exclusive Indian Creek Country Club. Sales and marketing are exclusively overseen by OFFICIAL Partners.

The eight-story waterfront development is being designed by acclaimed Miami-based architect Kobi Karp with interiors by Linda Zarifi of Zarifi Design, representing the designer’s first ground-up condo in Miami. A counterpoint to the tall, boxy, glass towers that have become synonymous with new development in Miami, the boutique, high-design building will pay homage to Bay Harbor's large concentration of mid-century modern design. Curved edges, neutral natural materials and sculptural details define the building inside and out. Lush, tropical and mature landscaping by Enea Garden Design will envelope the building and convey a resort-like return to nature.

In addition to expansive, elegant homes, Indian Creek Residences & Yacht Club will offer a comprehensive, resort-style amenities package for residents. The owners’ yacht club and private marina is complete with one shared slip and five available for purchase, dockmaster concierge services and an outdoor lounge with bar. Additional amenities include a world-class spa with sauna and steam rooms, dedicated treatment room and red-light therapy room; state-of-the-art fitness center; outdoor yoga lawn; outdoor waterfront lounge with hot tub; The Parlour, a flexible creative space with a custom wet bar offering personal storage, coffee bar, home office space and entertainment lounge with a high-fidelity audio system; and a 2,600-square-foot landscaped rooftop terrace featuring a pool, private dining area, outdoor kitchen and bar, and outdoor screening pavilion with lounge seating. The building also offers a full-time doorman, resident concierge and 18 private parking spaces.

Renderings via Williams New York

Robert Rivani Sells Miami Penthouse At The Ritz-Carlton Residences, Miami Beach

Real estate investor Robert Rivani of Black Lion has sold $8 million his penthouse at The Ritz-Carlton Residences, Miami Beach, which was listed for $8.8 million with Dina Goldentayer of Douglas Elliman. Rivani acquired the penthouse, which is located at 4701 N Meridian Ave, Miami Beach LPH02, in May 2022 for $7.5 million.

Sophistication is key inside this 4 bed + media lounge, 5 bath penthouse at the building where Cindy Crawford and Rande Gerber nabbed a unit per media reports. The corner residence spanning 4,525-square feet is one of the largest in the building with 11-foot ceilings and expansive living spaces radiating in Eastern sunshine.

Stunning views of the Bay and Ocean are put directly on display with floor-to-ceiling windows encompassing the entirety of the penthouse. Sleek light toned interiors enhance the setup with thoughtfully curated features throughout. Find a custom eat-in kitchen by Boffi equipped with Gaggenau appliances, marble counters, and a large walk-in pantry. The dining room showcases a gorgeous blue statement chandelier. The primary suite is reminiscent of a jewel box with textured velvet touches showcasing water views from almost every angle.

Designed by Piero Lissoni, The Ritz Carlton Residences Miami Beach offer boutique South Florida living on the bay with a private marina, a rooftop pool deck with cabanas and poolside grille, meditation garden, Club Room with a pool table and virtual golf, Spa and state-of-the-art Fitness Center, Art Studio and a fully equipped Kid’s Room and an elite concierge to assist with residents every need.

Images via Become Legendary / Dina Goldentayer

Ytech Begins Demolition of Site For The Residences at 1428 Brickell

Miami-based real estate development firm Ytech has commenced demolition of the existing structure at 1428 Brickell Avenue, the future location of luxury high-rise condominium The Residences at 1428 Brickell. Ytech has owned the now-vacant property since January 2017, which previously housed 100,000 square feet of office space. John Moriarty & Associates (JMA) is the construction team conducting the demolition. This demolition marks a pivotal step in delivering The Residences at 1428 Brickell and continues to build momentum for Ytech’s real estate development portfolio, following the approval for 75 Broadway by the Planning & Zoning department in Miami.

“When we acquired the property at 1428 Brickell Avenue, we did so with the firm intent of delivering a level of design, craftsmanship, and meaningful innovation never before seen in Miami,” said Yamal Yidios, CEO of Ytech. “As demolition commences, we will ensure that even the earliest stages of The Residences at 1428 Brickell’s construction echo our commitment to delivering a truly superior product for our buyers.”

The Residences at 1428 Brickell is a limited collection of residences, priced from $2 million to $7 million, that will be fully finished with two- to four-bedroom plus den homes ranging from 1,800 to 4,000 square feet. These residences showcase stunning water views and have been thoughtfully created with a true flow-through configuration to maximize light. A significant portion of residences within the property are two-story, creating the feeling of a single-family home in the sky. The tower’s crown jewel is its $60 million penthouse with extraordinary 30-foot ceilings, 7 bedrooms, 9 bathrooms, and two east-facing balconies with unparalleled views of Biscayne Bay. The tower also includes lower penthouses which start from $8 million and range in size from 4,000 to 10,000 square feet.

Over 80,000 square feet of amenities will also adorn The Residences at 1428 Brickell. Located 860 feet in the sky, Ytech dedicated the three levels within the top of the tower to house curated private and shared spaces showcasing stunning, panoramic water and city views. Amenities include an expansive 10,000 square foot gym with weight room, HIIT room, and an indoor/outdoor yoga room, a rooftop pool and atrium, a hot spa and daybed lounging area, a two-story wine and fine art lounge, state-of-the-art office suites, a private dining room with a one-of-a-kind Vaselli kitchen, a juice and wellness bar, an immersive spa, an aquatic therapy area, a children’s recreation and learning center, fully furnished private guest suites, and more. Additional highly personalized services include reception, valet and porter, bellman and doorman services, a pet facility with grooming area, and in-unit package delivery.

“Ytech has a demanding and meticulous attention to detail on every phase of development – from initial concept all the way through to construction of the tower. Our standards demand only the best, so for demolition we’ve tapped experts within high-density urban cores such as New York City to oversee and advise on this process and look forward to delivering premier luxury residences of a never-before-seen caliber to Brickell,” said John Breistol, COO of Ytech.

“With the achievement of this milestone and the extraordinary success we have seen in sales, there is enormous confidence in Ytech and this project. Ytech is cementing their well-deserved reputation as the premier ultra-luxury developer in Brickell, and the quality and thoughtful design of The Residences at 1428 Brickell resonates with domestic and international buyers,” said Alicia Cervera Lamadrid, managing partner of Cervera Real Estate.

The Residences at 1428 Brickell is slated for completion in 2027, with Cervera Real Estate serving as the sales team representing the property.

Images via The Boundary for Ytech

The Perigon Reveals First Look At New Renderings of Sprawling Lush Oceanfront Property

The Perigon, an iconic diamond-shaped luxury condominium tower designed by international architecture firm OMA, has revealed a first look at the 2.5 acres of prime oceanfront land at The Perigon in Miami Beach. Never-before-seen renderings perfectly illustrate how the entirety of the ground plane, featuring lush greenery by Gustafson Porter + Bowman, an oceanfront pool and private beach club, has been designed as a private oasis for residents to meander through the nature trails encircling the tower, relax in the sun and enjoy poolside dining services curated by Michelin-starred Chef Shaun Hergatt, and foster an intimate connection to South Florida's balmy environment.

Since vast acreage is a rare standout feature scarcely found in other waterfront high rises, the 73-residence tower was meticulously designed by OMA to appear to "float" above the ground. The resulting first level space augments The Perigon's array of five-star amenities centered around fostering a connection to the balmy environment, which includes a private beach club overlooking the sands below, pristine swimming pools lined with cabanas and expansive gardens encircling the entirety of the property. Gustafson Porter + Bowman, the landscape architecture firm responsible for the Eiffel Tower's green spaces, designed The Perigon's gardens to feature a meandering nature trail, secret alcoves, water features and diverse biomes that include distinct plant families in every corner to facilitate a peaceful, dynamic experience throughout the grounds.

The 17-story building features a bold, terraced design that rises 200 feet above the shoreline and offers 1,250 lineal feet of the tower’s gardens. Conceived as a series of diamond-shaped “towers” rotated to orient and optimizes views from all residences toward the Atlantic Ocean, Biscayne Bay, and the Miami skyline. The design for the interlocking towers will obtain LEED Gold certification when completed.

Nestled along the tranquil stretch of sand between Indian Creek and the Atlantic Ocean at 5333 Collins Avenue, The Perigon is slated for completion in 2026. The tower offers 73 two- to four-bedroom condominiums ranging from 2,100 to 6,700 square feet, with eight private guest suites offered to residents only. Starting at $4.15 million, the residences include the highest quality finishes, direct water views, 10-foot ceiling heights and 10- to 12-foot-deep wraparound balconies. Additional amenities at The Perigon include a private oceanfront restaurant with a five-star chef at the helm, an oceanfront swimming pool with cabanas, a terraced fitness center with water views, as well as a children’s playroom, billiards room, private salon, screening room and more.

The Perigon is a joint venture between Mast Capital, one of South Florida’s most active real estate development and investment firms, and Starwood Capital Group, a leading global private investment firm. Sales and marketing are exclusively managed by Douglas Elliman Development Marketing.