4.5 Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Hits The Market For $135 Million

One of South Florida's most unique estates in Miami’s hot Coconut Grove neighborhood has hit the market for a whopping $135,000,000. Located at 3585 Anchorage Way in Coconut Grove, the estate known as Banyan Ridge is a rare multi-dwelling compound spread across 10 parcels on 4.5 lush acres.

With its stunning waterfront location offering approximately 180' of frontage on Biscayne Bay, the property features multiple homes, outbuildings, and exceptional amenities. The compound includes two primary residences, a guest house, a gym/spa, a guest POD, a waterfront cabana, two three-car garages, and a multi-level townhome perfect for a family office. The structures are surrounded by paved garden paths lined with towering banyan trees and lush vegetation, providing a tranquil escape in the heart of Coconut Grove.

Residence 1 offers four bedrooms, four and a half baths, formal and informal living rooms, a showcase kitchen with high-end appliances, and a lagoon-like pool. Residence 2 offers three bedrooms, four baths, and glass-wrapped walls showcasing mesmerizing views of Biscayne Bay and downtown Miami. The property also includes a guest house with three bedrooms, three and a half baths, a 20-person dining room, and historic fireplaces converted to gas.

Additionally, the estate features a family office townhome with two bedrooms, two and a half baths, and a full kitchen, as well as staff quarters, a tool shed, and a maintenance parking lot. The property's amenities also include multiple pools, gardens, an orchid house, and a 12,000 square foot dock with a boat lift.

3585 Anchorage Way is listed with Lourdes Alatriste and Holly Parker of Douglas Elliman.

Images via Travis Rummel

CMC Group Tops Off Vita at Grove Isle in Coconut Grove

Grove Isle’s first new residential development in decades is one step closer to completion. Renowned real estate developer Ugo Colombo’s CMC Group has topped off construction of Vita at Grove Isle, a 65-unit ultra-luxury condominium on the 20-acre private island of Grove Isle, situated just offshore of Miami’s Coconut Grove neighborhood. The seven-story boutique waterfront development, located at 5 Grove Isle Drive, is comprised of three interlinked buildings, artfully forming one unified structure. Vita at Grove Isle is slated for delivery in late 2025.

Vita at Grove Isle is seeing strong sales, with nearly 80% of its residences already pre-sold and under hard contract. The majority of the development’s buyers hail from the United States, showing strong domestic demand for newly built product as a primary residence in Coconut Grove, which has become one of Miami’s most desirable neighborhoods in the recent years.

“Seeing Vita at Grove Isle take shape is a fulfillment of our vision for future residents and the future of Grove Isle itself,” said Ugo Colombo, Founder of CMC Group. “This development will offer an exclusive private-island lifestyle, combining the unparalleled water views and unique location with the comfort and luxury of homes, all within the convenience of a condo. It truly redefines luxury living in one of Miami’s most sought-after residential enclaves.”

Residences at Vita at Grove Isle will feature unobstructed panoramic bay views, exquisite detailing, and the highest quality materials and craftsmanship. Units include three-, four-, and four-plus-den-bedroom layouts, along with a collection of twelve exclusive penthouses each boasting private rooftop pools, measuring up to 6,600 square feet in size. Residences are priced from about $6 million, with penthouses priced from about $19.5 million.

Vita at Grove Isle’s construction progress brings the island closer to much-needed significant upgrades, including roadway enhancements, updated signage, and guardhouse improvements, as well as the completion of the 'Vita at Grove Isle Club.' Club members will have access to a Club pool and adjacent bar, as well as additional amenities including night-lit tennis, padel ball and pickleball courts. Vita residents will also have exclusive access to a range of indoor wellness facilities, including a private bayfront pool, bar, lounge, and fitness center and spa. Additional amenities include a children’s playground, along with a gourmet restaurant and bar, open to the public, which will serve lunch, dinner, and cocktails, along with access to the island's marina.

CMC Group’s exceptional track record of sought after, sold out, high-quality residential buildings has established the firm’s strong and long-lasting relationships with top lenders. In early 2024, CMC Group secured a $239 million construction loan from Bank OZK for the building.

Ugo Colombo has tapped global architecture and design firm CallisonRTKL, local architectural firm S & E Architects, and Italian designers Carlo and Paolo Colombo of A++ Architecture to create one-of-a-kind interior and amenity spaces at Vita at Grove Isle. Composed to showcase a single architectural structure, the three buildings – Mare, Luce, and Sole – will offer a boutique living experience enveloped by lush, native landscaping. The building’s design mirrors its unique Grove Isle location, inspired by the natural contours of the island in its elegant, curved shape while maximizing views of the sparkling Biscayne Bay.

Meticulous detail was paid to the design of Vita at Grove Isle. Every residence will include private elevators with a private foyer; contemporary Italian-designed open concept kitchens with concealed top-of-the-line appliances; elegant bathrooms with custom Italian cabinetry, European designer fixtures, hand-selected book matched marble, and masterfully crafted Italian stonework; at least 10-foot-high ceilings; pre-installed smart home technology including lighting, climate control and water/air filtration systems; high-performance interior wall soundproofing for ultimate relaxation and privacy; and large 13-foot-deep waterfront terraces – and up to 6,000 square feet of private rooftop space in penthouses – allowing for year-round outdoor dining, lounging and entertaining.

Spanning 20-acres, Grove Isle is considered one of Miami’s most exclusive private islands, located in Coconut Grove, just minutes away from mainland Miami via the scenic Grove Isle Drive bridge. The secluded community is highly prized by residents as a peaceful haven with panoramic bay views. The island is in close proximity to Miami’s best shopping, most elite schools, chef-driven restaurants, and entertainment destinations in areas such as Brickell, Miami Beach, and Coral Gables and has been described as one of the most affluent neighborhoods in the United States.

Ugo Colombo’s commitment to timeless style, breathtaking luxury and meticulous detail has been a constant in the sea of change that has come to define Miami real estate over the past three decades. In 1993, the Italian developer’s CMC Group began building Bristol Tower, the condo that ignited the luxury residential boom in Miami. Bristol Tower’s success was followed by the launch of Santa Maria in 1996, the 52-story tower whose ‘mansions in the sky’ reshaped the Brickell skyline and put the district on the map as one of the world’s top-tier luxury markets.

Since then, CMC Group has focused on developing only a handful of condominium developments – Porto Vita, Grovenor House, EPIC Hotel & Residences and Brickell Flatiron – all of which enhanced their respective communities and retained value by competing with pricing of new product on the market today. The firm recently delivered Onda Residences in Miami’s Bay Harbor Islands, a luxury boutique condominium in partnership with Morabito Properties, and launched sales for the Four Seasons Private Residences Coconut Grove, the hotel flag’s first standalone residential project in Florida.

For more information about Vita at Grove Isle or to inquire about purchasing a unit please fill out the form below:

Check Out This $24 Million 4-Acre Modern Estate in Southwest Ranches

Discover the epitome of luxury living in the heart of prestigious Southwest Ranches with this stunning 4-acre modern estate that has just hit the market for a jaw-dropping $24 million complete with a massive 19,000-square foot rooftop.

As you approach the estate, you are greeted by a state-of-the-art motorized aluminum gate, bathed in striking blue LED lighting. The 25,609-square foot residence boasts floor-to-ceiling windows and soaring ceilings that flood the interiors with natural light.

Featuring seven opulent bedrooms, each with its own ensuite bathroom and walk-in closet, two elegant half baths, and multiple grand rooms ideal for showcasing an art collection or luxury vehicles, this estate is truly one-of-a-kind. However, the crown jewel of this property is its extraordinary rooftop, spanning over 19,000 square feet and covered in no-maintenance turf. This versatile space is perfect for sunbathing, hosting lavish parties, or displaying your art collection against a backdrop of sweeping views.

Additional features include a custom wine display room with a floor-to-ceiling window showcasing 264 bottles, exotic cars, remote-activated blinds, LED lighting, and an advanced alarm system accessible via app. The two pools on the property offer the ultimate in relaxation and luxury, with the outdoor pool featuring a beach-like section, infinity edge, and kids' pool, while the indoor pool boasts jacuzzi jets.

With 187 impact-resistant glass panels framed in silver aluminum, high-speed fiber-optic internet, and two 4-car garages that can accommodate up to eight vehicles, this estate truly has it all. Not to mention, the area is popular among celebrities and high-profile residents, including Gisele Bündchen, Rick Ross, Amar’e Stoudemire, Dwayne 'The Rock' Johnson, Udonis Haslem, and more.

17250 SW 52nd Court is listed for $24 million by Kimberly Knausz with ONE Sotheby’s International Realty.

Related Group and Integra Investments Close On $527 Million In Construction Financing For St. Regis Residences, Miami

Related Group (Related) with Integra Investments (Integra) have closed on $527 million in financing for the highly-anticipated residential tower, St. Regis Residences, Miami (The Residences), on the Biscayne Bay waterfront in Miami’s South Brickell neighborhood. The loan was provided by TYKO Capital, a multi-billion-dollar commercial real estate private equity and private credit investment management platform, led by Adi Chugh. Over 60% of The Residences’ 152 homes are now in contract.

"We're pleased to partner with TYKO Capital to obtain one of the most substantial residential construction loans in South Florida's history," said Nick Pérez, President of Related's Condominium Division. "This achievement underscores investors' trust in Miami’s thriving residential market and, notably, in the distinguished St. Regis brand. The St. Regis Residences, Miami redefines luxury living, bringing an elevated lifestyle to the Brickell waterfront. With unparalleled amenities, spectacular views and impeccable service, every aspect is curated to surpass resident expectations."

Located at 1809 Brickell Ave., The Residences is being brought to life by a visionary team, with architecture by the esteemed Robert A.M. Stern Architects (RAMSA) and interiors by the highly acclaimed Rockwell Group. This striking property marks the first residential development in South Florida for RAMSA, which drew inspiration from the elegant aesthetic of golden-age ocean liners at sea, merged with the modern allure of skyscrapers. The 50-story tower will feature 152 condominium homes ranging from two to six bedrooms, including penthouses, sky villas and two stand-alone garden villas, creating a once-in-a-generation building that offers a bespoke experience synonymous with the St. Regis brand’s unmatched, historic five-star services.

“This significant financing milestone reflects Miami's rising prominence on the global stage and reinforces the remarkable appeal of the St. Regis brand,” said Nelson Stabile, Principal at Integra. “We’re excited to move closer to realizing The St. Regis Residences, Miami, which will extend the hallmark St. Regis lifestyle— from bespoke butler service to Michelin-starred dining —to a setting that offers both the vibrancy of Brickell and a serene retreat. Residents will experience something truly exceptional, and we're honored to play a role in shaping this vision while redefining the benchmarks of luxury living in Miami's real estate market."

In keeping with the St. Regis brand’s uncompromising commitment to excellence, residents will experience one of the most robust amenities packages on the market, with more than 50,000 square feet of indoor and outdoor spaces, including a professional-grade fitness center with a pilates and yoga studio; a full-size pickleball court; a private marina; a world-class spa and holistic wellness center; and an indoor lap pool. Signature butler services complete the lifestyle experience, including deliveries to residences, an on-premises house car, shoeshine service and other personal arrangements. Park-like grounds surround the building with lush landscaping designed by the acclaimed Swiss design firm, Enea Garden Design.

The culinary offerings at The Residences are equally exceptional. With the iconic St. Regis Tea Room and a fine-dining restaurant led by Michelin-starred chef Fabio Trabocchi, residents are treated to an unparalleled dining experience, redefining the concept of 'dining in.'

Renderings via Binyan Studios

For more information about St. Regis Residences, Miami or to inquire about purchasing a unit please fill out the form below:

Tropical Modern Max Strang-Designed Estate Hits The Market In Fort Lauderdale For $49.95 Million

A stunning waterfront estate has hit the market in Fort Lauderdale, Florida for a jaw-dropping $49.995 million. 516 Mola Avenue, designed by renowned architect Max Strang, is a modern oasis situated on a 1.16-acre point lot with an impressive 740 feet of water frontage, offering breathtaking panoramic views of the surrounding area.

This luxurious property, listed by Compass Florida agent Tim Elmes, offers 9,995 square feet of living space with 6 bedrooms, 7 full bathrooms, and 2 half bathrooms. Designed with contemporary elegance in mind, the home features a floating Cantilever design, floor-to-ceiling windows, and skylights that flood the interiors with natural light.

The gourmet Chef's Kitchen with a hidden prep pantry and the formal dining area make this home perfect for entertaining guests. The primary suite includes a private balcony overlooking the New River, a gym, a sitting room, an expansive closet, and a spa-like bath for ultimate relaxation.

Additional amenities at 516 Mola Avenue include a full apartment suite, a state-of-the-art movie theater, a wet bar, and even a pickleball court for outdoor fun. This unique estate beautifully combines modern aesthetics with its serene natural surroundings, offering an unmatched living experience for its future owner.

For more information on this extraordinary property, interested buyers can reach out to listing agent Tim Elmes for further details. Don't miss out on the opportunity to own a piece of architectural brilliance by Max Strang in the heart of Fort Lauderdale.

Images via Danny Petroni

Foundation Pour Completed at E11EVEN Residences Beyond

E11EVEN Residences Beyond, part of the ultra-luxury, dual-tower E11EVEN Hotel & Residences Miami development located in Downtown Miami’s District 11 neighborhood, has completed its foundation pour and is moving ahead with vertical construction.

The foundation pour for E11EVEN Residences Beyond, conducted by John Moriarty & Associates, began Friday, August 23 at 8 p.m. and lasted approximately 24 hours. With 760 concrete trucks pouring 6,800 cubic yards of concrete, this foundation pour marks an exciting next step for both the project, developed by E11EVEN Partners and PMG and the continued growth of Downtown Miami’s District 11 neighborhood.

Centrally located in Downtown Miami’s District 11, E11EVEN Hotel & Residences Miami is a two-tower development by E11EVEN Partners and PMG offering a resort-style, entertainment-driven experience, and destination, the first of its kind in the Southeastern United States. The first tower, E11EVEN Hotel & Residences Miami, features turnkey residences and hotel rooms, while the second tower, E11EVEN Residences Beyond, offers ultra-exclusive condominiums. Floorplans at both properties range from studios to two bedrooms in addition to a presidential collection and penthouse suites. Each unit comes equipped with fully integrated “smart building” features, Subzero and Wolf appliances, custom ITALKRAFT Italian cabinetry, top-level finishes, and designer-curated furnishings. The soaring 65-story towers will be designed by internationally renowned Sieger Suarez Architects with interiors by award-winning design firm AvroKO.

Amenities for E11EVEN Hotel & Residences include a world-class Chopra Spa & Studio, a five-star restaurant collection by Riviera Dining Group, a casino-style sports lounge, a world-class med spa, a rooftop pool and bar, and an E11EVEN day club and pool on the 11th floor. In addition to the first tower's amenities, buyers at E11EVEN Residences Beyond will have ultra-exclusive access to private facilities available only to residents of the second tower and the E11EVEN Beyond Members Social Club. They include a helipad, a signature restaurant, fully staffed executive office suites, and a state-of-the-art fitness center, as well as an upper and lower deck and expansive pool. The second tower will also feature the recently announced, ultra-premium social club The Clayton. E11EVEN Hotel & Residences is scheduled for completion in 2025, with E11EVEN Residences Beyond following in 2026.

Renderings via ARX Creative

For more information about The Residences at Baccarat Residences or to inquire about purchasing a unit please fill out the form below:

Related Group Completes Largest Concrete Pour In Its 45-Year History at Baccarat Residences

Leading real estate developer Related Group (Related) and GTIS Partners, marked a major development milestone this weekend with the foundation pour of the highly anticipated Baccarat Residences Miami. Requiring over 10,000 cubic yards of concrete and 1,500 tons of reinforcing steel, the pour is confirmed to break all prior records set by the prolific development firms, for what is set to be the legendary french crystal brand’s only stand-alone residential tower, managed by hospitality titan SH Hotels & Resorts. The highly anticipated luxury tower is over 95% sold ahead over its 2028 completion.

The historic concrete pour by Ceco Concrete Construction, which spanned 30 hours, started at 8pm Friday night and continued uninterrupted until 2am Sunday morning, masterfully overseen by the general contractor John Moriarty & Associates of Florida (JMA) with support from Florida Concrete Unlimited, Titan America, Gancedo Lumber, B&J Consulting Engineers and NV5.

“It’s not every day you see a foundation pour of this scale and magnitude. It was truly a once-or-twice-in-a-lifetime event,” said Nicholas Perez, President of Related’s Condominium Division. “We are incredibly grateful to JMA, our subcontractors and engineers for their participation in this monumental undertaking, which required a tremendous amount of coordination and planning.”

Located on one of the last waterfront parcels along Brickell Avenue, where the Miami River meets Biscayne Bay, the 75-story tower is crafted by the world’s preeminent design talents, with architecture by international firm Arquitectónica, interiors by the NYC based Meyer Davis Studio and landscape design by swiss architect Enzo Enea.

The sister property to the record-breaking Baccarat Hotel & Residences NYC, the Brickell tower is made up of 355 residences, including just eight exclusive penthouses. The property, which has enjoyed record sales success, is now 95% sold, with selected premium residences remaining for sale. Fortune International Realty is the exclusive sales agency for Baccarat Residences Miami.

Residents will enjoy over 75,000 SF of luxurious five-star amenities throughout five levels of the tower that will be cohesive in essence but unique in design elements — including exquisitely appointed social spaces, a state-of-the-art health and fitness center, La Mer spa facilities, a private marina for residents’ yachts and a curated collection on museum-quality art — all expertly managed by SH Hotels & Resorts.

For more information about The Residences at Baccarat Residences or to inquire about purchasing a unit please fill out the form below:

Zen-Infused Estate Hits The Market For $33 Million in Delray Beach's Stone Creek Ranch

The Sundara Estate is renowned as one of the finest properties in the United States, distinguished as a contemporary masterpiece of modern luxury. The property, known as Sundara, is located at 9200 Rockybrook Way in Delray Beach’s in Stone Creek Ranch, one of South Florida’s most secure and preeminent communities known as “Billionaire’s Row.” The sprawling Sundara compound sits on a stunning 2.67-acre lakefront lot and has hit the market for $33 million fully furnished with with Senada Adžem of Douglas Elliman. The Sundara Estate was designed by Stuart Brenner Architects and built by AK Building, with interiors by Michael Gray.

Globally acclaimed for its refined elegance, unparalleled amenities, and utmost privacy and security, the Sundara Estate draws inspiration from the tranquil luxury of the Four Seasons Bali. The outdoor oasis of the Sundara Estate is a true crown jewel, designed with the guidance of a feng shui master to create a sense of tranquility. The lush tropical landscape, complete with Buddha statues, surrounds a spectacular 170,000-gallon saltwater pool with cascading water features.

Inside the 30,000 SF estate, which offers 7 bedroom suites and 10 generously appointed full baths, visitors are greeted by a two-story grand foyer flooded with natural light. The living room features a masterfully rendered fireplace and a private office with a hidden door leading to a cigar lounge. One of the highlights of the home is the primary suite, which includes dual closets and bathrooms, with one closet inspired by the glamour of a Chanel boutique.

The entertainment spaces of the Sundara Estate are unmatched, with a cinema-style theater, game room, and hotel-inspired bar. A gourmet kitchen, catering kitchen, and butler's pantry cater to culinary enthusiasts, while a showcase wine room and state-of-the-art gym cater to wellness enthusiasts.

Images via Douglas Elliman

Lower Penthouse At Bjarke Ingels-Designed Grove at Grand Bay Sells For $19.5 Million

Luxury living in Coconut Grove reached new heights with the recent sale of a stunning unit at The Grove at Grand Bay building. The single-floor penthouse, located at 2669 S Bayshore Dr #LPH, was sold for $19.5 million, $1,770 PSF.

The seller of the property was aluminum executive Delfin Gilbert, represented by Chad Carroll and Lisandra Martinez of The Carroll Group. The buyer, who remains unnamed, was represented by Rob Fuller & Malgozata Fuller of The Rob Fuller Group at ONE Sotheby's International Realty.

The penthouse spans 11,000 SF with 12-foot ceilings, featuring interior design by Nick Luaces and throughout the six bedrooms, six bathrooms, two powder rooms, a theater, library, office, and distinct seating zones. The luxurious living space includes Bang & Olufsen home automation, a 3,000 SF master suite with a dressing area, midnight kitchen, gym, sauna, and terraces accessible from public spaces. Further elevating the living experience is a 4-car private garage with storage, bay views from the wrap-around terrace, private elevator foyer, and deluxe kitchen.

Grove at Grand Bay, a collaboration between Terra and architect Bjarke Ingels, redefined the Coconut Grove skyline with two innovative towers completed in 2016. As the first new development on Bayshore Drive in decades, the property was designed not just as a collection of residences, but as a community focused on enhancing the lives of residents and the surrounding neighborhood. With modern amenities and a commitment to environmental responsibility, Grove at Grand Bay became the first residential development in the city to earn Gold LEED certification.

Images via Daniel Petroni

LUC Electric: Elevating Luxury Living with Smart Home Systems

When it came time to take his newly acquired $35 million Star Island waterfront mansion into the future, rap superstar Rick Ross turned to LUC Electric to integrate smart home solutions into his new Kobi Karp-designed living spaces developed by Many Varas and MV Group.

Founded by Ross Samanchuk and Sergey Holovchenko, LUC Electric a Miami-based leading provider of luxury Custom Lighting Design and Smart Home Systems and custom lighting design. With a focus on customer service and understanding client needs, LUC Electric offers a range of services including architectural smart lighting, home security systems, motorized shades, and one-of-a-kind audio/video installations. LUC Electric oversees the process from custom design and installation, to post-installation support to make sure your Smart Home System keeps you living in unmatched comfort and peace of mind.

LUC Electric is a leader in Custom Architectural Lighting Design. Their eco-conscious luxury lighting design services cater to residential, landscape, and superyacht lighting, with a focus on creating atmosphere, mood, functionality, comfort, energy savings, increased home value, artistic expression, well-being, and safety. LUC Electric's attention to custom lighting design enhances human-centric lighting by strategically integrating fixture placement, adjustable color temperatures, and smart controls to align with circadian rhythms and task-specific needs. The result is the symphony of light and intelligence your home deserves.

Catalog of LUC Electric Bedroom Designs:

The smart home industry is rapidly growing, and LUC Electric is at the forefront of this trend. They work closely with clients through a detailed process that includes discovery and consultation, design and planning, proposal and agreement, pre-installation preparation, installation and integration, calibration and testing, client training and handover, post-installation support, and project closure and evaluation.

LUC Electric offers a range of Smart Home Systems that are designed to make everyday living more convenient and comfortable. From lighting control systems to security systems and climate control systems, LUC Electric ensures that your home is equipped with the latest technologies to enhance your living experience.

Their partnership with LUTRON Lighting Control System allows for innovative solutions in lighting management, offering energy efficiency, comfort, convenience, safety, and lamp longevity. Additionally, LUC Electric provides cutting-edge security systems that offer perimeter movement control, door locking and unlocking, access control, fire alarm systems, shock sensors, motion sensors, air quality sensors, flood sensors, surveillance, and remote monitoring. LUC Electric also specializes in luxury motorized shades, offering LUTRON's finest motorized shades that redefine daylight with unmatched uniqueness, without compromise.

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For those looking to create a cinematic experience in their home, LUC Electric offers a range of high-quality audio and video equipment, including invisible speakers, round 360 acoustic systems, ambient sound, outdoor sound, TVs, projectors, and full home cinema setups.

As a testament to their expertise and quality service, rap superstar Rick Ross trusted LUC Electric to install his home's smart home system, architectural lighting, and world-class audio and video in his new $35 million Star Island mansion. This showcases the trust and confidence that clients have in LUC Electric's ability to deliver top-notch services.

With a commitment to providing post-installation support as a guarantee, LUC Electric ensures that their clients are satisfied with their smart home systems long after the installation is complete. Trust LUC Electric to transform your living space into a state-of-the-art smart home that meets your every need and exceeds your expectations.

Follow LUC Electric on Instagram and visit them at lucelectric.com.

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