Kolter Urban and Perko Development Launch Sales For Maison d'Or in West Palm Beach

Kolter Urban, a Florida-based real estate development and investment firm, and Perko Development Partners have launched and lead the development of Maison d’Or, a 19-story ultra-luxury boutique condominium located at 3705 South Flagler in West Palm Beach. This select collection of 39 thoughtfully designed residences blends architectural excellence with a robust amenity offering and an exceptional level of personalized service.

Maison d’Or is perfectly positioned in an exclusive residential location in West Palm Beach with sunrise and sunset views, offering a rare vantage point overlooking the Intracoastal waterway and Atlantic Ocean, as well as Palm Beach Island. This bespoke development provides effortless access to the area’s premier cultural, dining, art and shopping destinations—including Worth Avenue, Antique Row, Royal Poinciana Plaza, CityPlace, and the emerging Nora District. The sales gallery will open this month at 3014 S Dixie Highway

“Maison d’Or demonstrates Kolter Urban's dedication to creating exceptional places to live,” said Ed Jahn, Senior Vice President of Kolter Urban. “Every detail, from the building’s design to the interiors, has been carefully chosen to offer classic European style with a modern touch. Nestled within one of the city’s most historic neighborhoods, Maison d’Or offers an exclusive sense of privacy, serenity, and sophistication, bringing boutique living to a new level in West Palm Beach.”

Designed by 10 Design, with interiors by Hirsch Bedner Associates and landscape architecture by EDSA, Maison d’Or offers eight distinct floor plans, with two- to four-bedroom residences ranging from nearly 3,000 square feet to over 10,000 square feet. Levels 4 through 14 include two- and three-bedroom residences, while levels 15 through 17 feature the estate collection with four-bedroom residences. Two lower penthouse plans will be located on the 18th level, both offering four bedrooms and five and a half bathrooms. The penthouse occupies the entire 19th level and is over 10,000 square feet. Each residence is designed for optimal space, functionality, and privacy with expansive terraces on both the east and west sides, providing sunrise views over the Intracoastal waterway and Atlantic Ocean, as well as sunset views over the city.

True to its name, Maison d’Or, meaning “House of Gold” in French, boasts bespoke interiors that celebrate the glamour of Palm Beach. Drawing inspiration from both Mediterranean and Regency styles, the design blends a neutral palette base with natural textures. Vibrant accents of gold, pink, green, and blue infuse energy into the common and amenity spaces, while bold patterns and tropical motifs add a playful touch. Statement furnishings and coastal elements create a sophisticated yet inviting atmosphere, ensuring each home is both visually striking and comfortably livable.

“Maison d’Or is the pinnacle of elevated living on South Flagler Drive in West Palm Beach. From the moment residents arrive, they are welcomed into an environment that feels both refined and effortless,” said Dan Riordan, Director of Sales and Senior Partner of Perko Development Partners. “Every detail, from the curated interiors to the vast amenity offerings, defines the Maison d’Or experience and underscores our commitment to delivering a truly unmatched standard of luxury in a residential enclave.”

Maison d’Or offers a comprehensive collection of resort-style amenities designed to elevate daily living. The Club Lounge provides the perfect setting for socializing and entertaining, featuring a sophisticated cocktail bar, the Green Room, a private dining room with a catering kitchen, a screening theater, a virtual sports swing simulator suite and a private wine storage and tasting room. Residents can also relax at the elevated east-facing pool deck overlooking the Intracoastal, complete with spa and day cabanas. For wellness and personal care, the state-of-the-art fitness and wellness center features men’s and women’s steam rooms, sauna, treatment rooms, and an elegant salon suite designed for professional beauty services. Additional amenities include two fully furnished guest suites for owners’ use and a dedicated dog spa and grooming facility.

Pricing begins at $5.7 million, with exclusive sales managed by Maison d’Or Realty Sales, LLC under Director of Sales Dan Riordan, joined by Nick Peterson and Andreea Fodor.

Renderings via Kolter Urban

For more information about Maison d’Or or to inquire about purchasing a unit please fill out the form below:

BI Group USA Names ONE Sotheby's International Realty as Exclusive Sales Brokerage For Parkside Development in Brickell

BI Group USA, the North American arm of Central Asia’s largest developer, has announced that ONE Sotheby’s International Realty has been named the exclusive sales and marketing broker for its flagship Parkside development in Miami’s Brickell Financial District.

“We are delighted to partner exclusively with ONE Sotheby’s International Realty to showcase the exceptional lifestyle and investment opportunities at Parkside,” said Olzhas Ayazbayev, CEO of BI Group USA. “Miami, and Brickell in particular, represents a dynamic market for us, and we are confident that ONE Sotheby’s International Realty’s expertise will ensure that Parkside reaches its full potential for buyers seeking both investment and lifestyle opportunities.”

“We are honored to represent a project that is uniquely positioned to meet the lifestyle needs of today’s buyers and investors seeking flexibility, design and convenience in one of Miami’s most in-demand neighborhoods,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “BI Group has an outstanding reputation globally, and we look forward to bringing their vision to life in Miami.”

Located at 1741 SW 2nd Avenue, Parkside is an eight-story, 187-unit condo-hotel in the heart of the Brickell financial district. Designed by internationally acclaimed architect Kobi Karp, the building features rental-friendly units with flexible leasing options, catering to both short-term and long-term residents.

Parkside offers a range of flexible, rental-ready layouts including studios from 381–672 sq. ft., one-bedroom residences from 615–924 sq. ft. and two-bedroom residences from 700–1,208 sq. ft. Remaining units start at the low $400,000s.

The development offers a full suite of wellness and lifestyle amenities including a rooftop pool, gym, yoga and cycling rooms, hot and cold plunge facilities, and dedicated coworking spaces designed for productivity and modern urban living. Additionally, professional property management oversees operations and rental services, offering flexibility and ease of mind when renting it out.

As BI Group continues its expansion into the U.S. market, the company strategically selected Brickell for its unique combination of global appeal, strong investor demand and walkable urban lifestyle. As Miami’s financial and cultural hub, Brickell offers immediate access to top dining, retail and business centers, making it an ideal setting for a rental-friendly, design-driven project like Parkside.

For more information about Parkside or to inquire about purchasing a unit please fill out the form below:

Bayview PACE Provides $200 Million in C-PACE Financing for Florida’s Second-Tallest High-Rise, Okan Tower in Miami, Among the Largest Loans in the Country

Bayview PACE, a division of Bayview Commercial Mortgage Finance, has closed on $200 million in C-PACE financing for Okan Tower, a 72-story mixed-use high-rise being developed by Okan Group and designed by Behar Font & Partners. Having reached its 40th floor, more than halfway toward completion, Okan Tower at 555 N. Miami Ave. in downtown Miami will rise to 903 feet upon completion in 2028, becoming the second-tallest building in Florida.

Bayview PACE’s Commercial Property-Assessed Clean Energy (C-PACE) financing offers favorable and cost-effective terms for qualified improvements in energy, lighting, water systems, building envelope and other resiliency components, and it can be applied to new construction as well as renovations. C-PACE financings to date in the U.S. exceed well over $10 billion, according to the C-PACE Alliance. It has been approved through legislation in 40 states, gaining popularity among real estate owners and the financial institutions looking to serve them.

The C-PACE financing from Coral Gables, FL-based Bayview PACE completes the capital stack of financing for the new luxury skyscraper. The uppermost floors of Okan Tower include 163 luxury condo residences – branded as Sky Residences -- that will offer a new level of design, amenities and expansive views for the South Florida market. Just below the private residences will be 236 condo-hotel units available for sale and managed by Hilton. Below the condo-hotel homes will be a 316-key five-star Hilton hotel. The Okan Tower’s lower levels will offer four floors of office space totaling 56,000 square feet of space.

The Sky Residences’ high-end amenities feature a 24-hour concierge, rooftop pool and outdoor lounge area with private cabanas, wine cellar, owners lounge, a spa including sauna, steam, and massage rooms, and a 429-space on-site parking garage. Sales of the Sky Residences and condo-hotel units are well underway led by Fortune International Group.

“We are pleased to provide this C-PACE financing to help complete Okan Tower’s capital stack and support Okan Group’s objectives,” said Jeff Klar, Vice President of Bayview PACE. “Bayview crafted a creative financing solution that was accretive to the sponsor’s goals and aligned with the project’s construction timeline. This nine-figure C-PACE transaction underscores both Bayview’s structuring expertise and the financial strength of the broader Bayview platform.”

“The closing of Okan Tower’s $200 million C-PACE financing is a defining milestone that validates both the project and the strength of the Miami market. This level of lender commitment—particularly in today’s disciplined capital environment—confirms confidence in the capital stack, the long-term fundamentals, and the vision behind what will be one of Downtown Miami’s most spectacular and architecturally significant luxury towers. For buyers, this reinforces that the time to invest in Downtown Miami is now, while pricing, product, and global demand are aligning at an exceptional moment,” said Michael Sadov, Sales Director at Okan Tower.

Okan Group, a Turkish-based group of companies founded in 1972, is a leading multi-national firm active in healthcare, finance, food, textiles, tourism, energy, education and real estate including the development of dozens of projects around the world. One of the firm’s commercial property entities, Okan Construction, is the general contractor for Okan Tower.

Bayview PACE, a division of Bayview Commercial Mortgage Finance, LLC, provides creative financing solutions that combine C-PACE lending with construction and bridge capital. Unlike most PACE-only providers, Bayview PACE partners with commercial property owners and developers to deliver a full capital stack solution. Their OKAN Tower financing follows two other major Florida deals by Bayview PACE in recent months including $180 million in C-PACE for Domus Brickell Center and $137 million in C-PACE for the Westin Cocoa Beach Resort & Spa.

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Renderings via Okan Tower

For more information about Okan Tower or to inquire about purchasing a unit please fill out the form below:

Rilea Group Secures $150 Million in Construction Financing for Mohawk at Wynwood in Miami

Miami-based real estate developer Rilea Group has closed on a $150 million construction financing package for Mohawk at Wynwood, a 300-unit multifamily community now under construction in the heart of Miami’s Wynwood Arts District.

The financing package includes $124.2 million in C-PACE capital from Nuveen Green Capital (NGC), a national leader in sustainable commercial real estate financing solutions, marking the largest C-PACE-financed multifamily transaction in the state of Florida to date, and a $25 million senior loan from Spain-based ABANCA USA, which serves as the senior secured lender for the transaction. The financing was arranged by Javier Herrera of Franklin Street.

“Mohawk at Wynwood represents the next frontier of Miami living – a project that fuses punk rock, high fashion, and renegade culture into an all-brick, steel, and glass building that feels both timeless and unapologetically new,” said Diego Ojeda, President of Rilea Group. “From the widest sidewalks in Wynwood—designed for outdoor dining and pedestrian life—to rooftop pools, lounges, padel courts, and 30,000 square feet of dynamic retail, Mohawk is more than a building, it’s a movement.

Bringing together a national powerhouse like Nuveen Green Capital with a relationship-driven institution like ABANCA is something we’re incredibly proud of,” Ojeda added. “ABANCA had the vision and conviction to finance our last multifamily project when many lenders stepped to the sidelines during the depths of COVID, and they continue to lead by example as one of the pioneers embracing C-PACE financing today. We’re equally grateful to Nuveen for placing their confidence in us with their largest multifamily loan in Florida, it speaks volumes about the strength of this project, this corridor, and our long-term partnership.

Slated for completion in 2028, Mohawk at Wynwood will offer expansive studios, one-, two-, and three-bedroom residences, including lanai units with private backyards. The building’s architecture features Chicago brick, industrial steel detailing, and floor-to-ceiling glass, echoing Wynwood’s artistic and warehouse-inspired aesthetic.

The project sits on NW 29th Street, now one of Miami’s fastest-growing corridors, with record-breaking rent growth and retail pricing that have made it one of the most valuable streets in the city.

Mohawk at Wynwood reflects Rilea Group’s position at the center of Miami’s most competitive development corridor. NW 29th Street has rapidly become one of the most sought-after streets in the city, attracting many of Miami’s heavyweight developers — including Related Group, Crescent Heights, AMLI (backed by Morgan Stanley), Kushner Companies, Terra Group, Oak Row Equities & L&L Holding, Carlos Rosso Development, PMG and OKO Group — who view the corridor as a long-term growth engine. Rilea Group is uniquely positioned with two projects at the heart of this corridor, reinforcing its emergence as a premier destination for residential, retail, and mixed-use development in Miami.

"We're proud to partner with Rilea Group and ABANCA on Mohawk at Wynwood, a project that redefines sustainable urban living," said Ryan Doyle, Senior Director of Originations at Nuveen Green Capital. "This is the largest C-PACE financing for a multifamily project in Florida, underscoring NGC's confidence in Miami's resilience and growth, as well as C-PACE's efficacy in financing large-scale development. Mohawk's design, efficiency, and community focus embody exactly the kind of forward-thinking development that will define the next decade of multifamily housing."

Rilea Group has launched the sale of Mohawk’s ground-floor retail spaces following the record-breaking success of retail sales at its adjacent condominium project, The Rider Residences. At The Rider Residences, Ciprés and Rilea Group achieved retail sales of up to $1,700 per square foot, and Mohawk at Wynwood has since surpassed that benchmark, setting a new national pre-construction record with retail sales reaching $1,850 per square foot. At Mohawk, approximately 33% of the retail component has already been sold to date, reflecting continued demand along the NW 29th Street corridor. The retail spaces are being co-listed by Cervera Real Estate and Comras Company and are available for purchase in cryptocurrency. The residential component of Mohawk will remain a purpose-built multifamily rental community.

Mohawk continues Rilea’s creative partnership with Deforma Studio and RADYCA, the visionary design teams behind The Rider Residences. Together, they are redefining the language of urban living in Wynwood — merging industrial authenticity with refined global design.

“As senior lender on Mohawk, we’re thrilled to deepen our relationship with Rilea Group and continue to be their banking partner in the U.S.,” said Monica Vázquez, General Manager, ABANCA USA. “This project unites world-class architecture with cultural authenticity and economic vitality—a true reflection of Miami’s global trajectory.”

Residents will enjoy rooftop pools and lounges with panoramic skyline views, a padel court, a Turkish hammam spa with cold plunges and infrared saunas, co-working lounges, children’s play areas, and a rooftop dog park.

“Our relationship with the Murphy family and the entire Coastal Construction team runs deep,” said Diego Ojeda, President of Rilea Group. “Together we’ve delivered some of Miami’s most respected buildings, and Mohawk will be no exception. We’re bringing the same precision, craftsmanship, and attention to detail to Wynwood — delivering what will be the neighborhood’s premier residential tower, with kitchens and appliances that are truly second to none.”

Construction of Mohawk at Wynwood is being led by Coastal Construction, marking Rilea Group’s sixth tower with the firm. The partnership began with J.P. Morgan’s 1450 Brickell Tower, and continues today with the massive Santander Tower at 1401 Brickell, now rising in Miami’s Financial District.

“The financing secured for Mohawk at Wynwood underscores both Miami’s sustained appeal among lenders and the strength of Rilea Group’s track record in one of the city’s fastest-growing neighborhoods,” said Suzanne Amaducci of Bilzin Sumberg, who represented Rilea Group in the transaction. “Wynwood has become a premier destination for residential and commercial development, and that momentum played a meaningful role in the project’s ability to attract C-PACE financing alongside a senior loan. Florida developers are increasingly turning to C-PACE financing to complete the capital stack, and I expect the C-PACE program will grow in popularity in 2026 and beyond.”

Rilea Group’s Mohawk at Wynwood and its adjacent project The Rider Residences will follow the success of the firm’s sold-out, luxury condominium The Bond on Brickell; 1450 Brickell Office Tower, home to J.P. Morgan’s headquarters; One Broadway luxury apartment tower; and the Sabadell Financial Center – all set within Miami’s sought-after Brickell Financial District, nicknamed “Wall Street South.”

Renderings via Rilea Group

For more information about Mohawk at Wynwood please fill out the form below:

PMG Locks Down $115 Million Construction Loan For Sage Intracoastal Residences Fort Lauderdale

National developer PMG is pleased to announce they have secured $115 million in construction financing for Sage Intracoastal Residences Fort Lauderdale, a 28-story boutique condominium nestled along 200 linear feet of Fort Lauderdale’s Intracoastal waterway. Financing was provided by GoldenTree Asset Management. The transaction was led by PMG's Capital Markets team composed of Andrew Warman, Jonathan Blank, and Paton Marion in coordination with in-house counsel Lowell Plotkin, Lindsay Davis, and Scott Buscemi. Saul Ewing served as PMG’s transactional counsel, and Gibson Dunn served as GoldenTree Asset Management’s transactional counsel. The property broke ground last month and is slated for completion in late 2027.

“Fort Lauderdale is defined by its waterways and natural beauty, and we’re proud to have GoldenTree’s continued support as we advance Sage Intracoastal Residences on the waterfront,” said Dan Kaplan, Managing Partner at PMG. “Positioned between the New River and the Atlantic, this boutique development will deliver year-round access to premier dining, recreation, and leisure, complemented by elevated design and wellness-driven amenities. We commend our capital markets team for underscoring Sage Intracoastal’s value and remain focused on setting a new standard in Fort Lauderdale as construction moves forward.”

Sage Intracoastal Residences Fort Lauderdale consists of 44 elegantly appointed residences displaying unobstructed views of the Intracoastal and Atlantic Ocean, perpetually protected by the Bonnet House Museum & Gardens. Designed by Fort Lauderdale-based FSMY Architects with interiors curated by acclaimed design firm BAMO, the property will offer two-, three-, and four-bedroom private residences starting at 2,767 square feet. Expertly designed to enhance privacy, there will only be two units per floor and a doubled distance away from neighboring buildings.

Each carefully crafted residence will be equipped with the finest finishes and features to deliver a truly harmonious residential experience. These include soaring 10-foot ceiling heights, Italian kitchen cabinetry custom-designed by BAMO, floor-to-ceiling energy-efficient and impact-resistant glass sliding doors and windows to maximize natural light, expansive private terraces with summer kitchens and clear glass railings for unobstructed views, custom Italian entry and interior doors, smart home technology, high-end appliances, midnight bars in primary bedrooms, and more. The Sage Penthouse Collection will extend further luxury and convenience to buyers through taller residential ceiling heights and private rooftops with summer kitchens and plunge pools.

A thoughtful array of over 19,000 square feet of exceptional, private indoor and outdoor amenities will also be available to residents, including an integrated wellness circuit. The wellness circuit will center around the Sage Wellness Spa, a tranquil space equipped with steam, sauna, and cold plunge areas, private treatment rooms, private his and hers lockers, and a relaxation area with outdoor terraces. Additionally, residents will have access to a state-of-the-art fitness studio with the latest high-tech exercise equipment, a movement studio, and a yoga lawn. Beyond wellness, Sage Intracoastal Residences Fort Lauderdale will present residents with ample outdoor amenity space, allowing them to reap more of the benefits of their stunning waterfront location. Outdoor amenities include an expanded jacuzzi, a spacious waterfront resort-style pool with a lounge area, a grilling station with dining tables, a water view bar and lounge, and private luxe cabana suites. Indoors, residents will have access to a state-of-the-art golf simulator.

Services available to residents include a private residential porte-cochère with 24-hour valet service, a 24-hour front desk concierge, sports equipment storage, house bicycles, a dog run, dog walking services, package delivery, and valet parking. Sage Intracoastal Residences Fort Lauderdale will also feature the latest in smart-building technology, as well as semi-private elevators and private elevator foyers for each residence.

PMG Residential is the lead sales team for Sage Intracoastal Residences Fort Lauderdale, with Jaime Cristancho, and Laura San Jose exclusively representing sales for the project.

Images via ARX Creative

For more information about Sage Intracoastal Residences Fort Lauderdale or to inquire about purchasing a unit please fill out the form below:

Allen Morris Co. Breaks Ground on Ponce Park In Downtown Coral Gables

Allen Morris Co., one of the most renowned real estate firms in the Southeast U.S., has officially broke ground on Ponce Park, its highly anticipated mixed-use development in the heart of Coral Gables.

Located at 3000 Ponce de Leon Blvd., this groundbreaking marks the beginning of a project set to become a timeless landmark in the City Beautiful. Honoring Coral Gables’ Mediterranean roots through contemporary design, Ponce Park will redefine boutique luxury living in the city.

The milestone was commemorated at the Ponce Park Sales Gallery with two special events, beginning with an intimate morning ceremony where guests were welcomed with mimosas, coffee and hors d'oeuvres.

W.A. Spencer Morris, President of Allen Morris Co., W. Allen Morris, Chairman and CEO, Daniel de la Vega, President of ONE Sotheby’s International Realty and Javier Bellon, Sales Director at Ponce Park, all spoke to the vision and dedication behind the nearly five-year project.

“We’ve always believed that great projects should elevate the people and communities they touch, and that philosophy guided every decision behind Ponce Park,” said W.A. Spencer Morris, President of Allen Morris Co. “Our hope is that future residents feel not just impressed by their experience at Ponce Park but genuinely inspired by the place they’ll call home.”

The celebration continued into the evening as city officials and top brokers from Coral Gables, Coconut Grove and Key Biscayne returned for a cocktail reception. With a curated wine selection by Mattheu Yamoum, COO and co-owner of Maison Mura, alongside appetizers from Michelin-star chef Sebas Vargas, live jazz and specialty cannoli for dessert, guests enjoyed the atmosphere while previewing the development.

Coral Gables Mayor Vince Lago and Vice Mayor Rhonda Anderson shared their excitement for the project’s transformative impact and praised Spencer Morris’ leadership and commitment to the city throughout the development process.

“Ponce Park is redefining luxury living in Coral Gables, and today’s groundbreaking showed the immense confidence in both the project and the Gables luxury market,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “This is a rare opportunity for buyers seeking the highest level of design and sophistication in one of the nation’s most coveted neighborhoods.”

Ponce Park is envisioned as a sanctuary where boutique luxury meets the vibrant lifestyle of Coral Gables. The development offers 58 bespoke two- to five-bedroom residences, ranging from 1,900 to more than 6,500 square feet.

Designed by John Cunningham of Zyscovich Architects with interiors by the internationally acclaimed Meyer Davis, each home in the 11-story tower will feature 11- to 12-foot ceilings, private elevators, Italian-crafted kitchens, expansive terraces with summer kitchens and interiors that blend modern refinement with classic European-inspired details.

Located at 3000 Ponce de Leon Blvd., at the intersection of Ponce de Leon Blvd. and University Drive, residents will enjoy access to a suite of amenities including a rooftop pool, sky bar, artisanal cafe, spa and serene meditation courtyard, fitness studio and a private rooftop lounge offering panoramic views of the Southeast Gables.

At ground level, the building will introduce 25,000 square feet of curated retail anchored by a world-class restaurant, all just steps from The Plaza Coral Gables and Miracle Mile. As part of its commitment to the surrounding community, Allen Morris Co. will work in collaboration with the City of Coral Gables to perform $11 million dollars in improvements to the adjacent Ponce Circle Park, strengthening the public realm for the broader community.

Construction on Ponce Park is now officially underway, with completion anticipated in early 2028. Sales are being exclusively handled by ONE Sotheby’s International Realty, with residences starting at $3.1 million.

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Images via Allen Morris Company

For more information about Ponce Park or to inquire about purchasing a unit please fill out the form below:

Inside The 2nd Annual PROFILEmiami Spec Home & Ultra Luxury Real Estate Summit 2025

The 2nd Annual PROFILEmiami Spec Home & Ultra-Luxury Real Estate Summit, held last week at the state-of-the-art Lighting Loft in Midtown Miami in partnership with LUC Electric and Tidelli, was a resounding success—bringing together more than 150 of South Florida’s most influential developers, financiers, brokers, architects, designers, and luxury service providers for an evening defined by insight, connection, and elevated dialogue.

Guests consistently praised the exceptionally high caliber of attendees, noting the Summit’s unique ability to foster meaningful, long-term business relationships across every facet of the ultra-luxury and spec home ecosystem. With representation spanning Miami, Fort Lauderdale, and Palm Beach, the event reinforced PROFILEmiami’s position as a leading platform for convening the decision-makers shaping South Florida’s most prestigious residential market.

The evening featured two powerhouse panels that explored both the creative and commercial forces driving today’s ultra-luxury homes. The Design & Development Panel placed a strong emphasis on wellness-driven living, advanced smart home technology, and privacy-focused design, underscoring how health, performance, security, and discretion have become non-negotiable pillars of high-end residential demand. Panelists discussed everything from clean-air and wellness systems to lighting, automation, and security solutions that enhance both lifestyle and long-term value.

The State of the Market Panel delivered a forward-looking perspective on the region’s luxury real estate landscape, with speakers expressing clear optimism in the continued growth and resilience of South Florida’s market. Panelists cited sustained buyer demand, demographic and wealth migration trends, and the region’s expanding global appeal as key drivers supporting the ongoing strength of the spec home and ultra-luxury sector.

Insights were shared by some of the industry’s most respected voices, including top-producing brokers Jordan Karp of JK Real Estate and Lourdes Alatriste of Douglas Elliman—both ranked among Miami’s Top 20 producers by sales volume in 2025—alongside architect Ralph Choeff of Choeff Levy Fischman; spec home financier Zack Simkins of Vaster Capital; developers Pascal Nicolai of Sabal Development, Jose Boschetti Jr. of Boschetti Group, and Kirk Ivy of IVEY Punch / IVEY Design Build; developer and interior designer Kathy Samaan of Samaan Design Group; and smart home leader Ross Samanchuk of LUC Electric. Together, the panelists offered candid insights into pricing dynamics, development strategy, design evolution, and what defines success at the highest end of the market.

Complementing the panels, the Ultra-Luxury Real Estate Showcase brought together the top brands and service providers powering South Florida’s most exceptional homes, allowing attendees to experience firsthand the craftsmanship, innovation, and technology behind today’s premier residential projects. The evening featured PROFILEmiami’s signature cocktail networking soirée powered by Cala Bennati wine, creating an environment intentionally designed for high-level, bespoke networking. The event was followed by a private VIP Dinner for the panelists hosted at the Tidelli Outdoor Living Miami furniture showroom by Tidelli Miami and LUC Electric.

The 2nd Annual Summit builds on PROFILEmiami’s legacy of hosting industry-leading real estate events that combine education, insight, and curated connection. As South Florida’s ultra-luxury market continues to evolve, the Spec Home & Ultra-Luxury Real Estate Summit remains a defining forum for the leaders shaping the region’s most remarkable homes—celebrating the artistry, ambition, and collaboration that drive the market forward.

Please check out our sponsors LUC Electric for smart home and lighting design, Tidelli Outdoor Living furniture, Vaster Capital mortgages and lending, Ero Lighting lighting design, Samaan Design Group interior design, IVY Punch for buyer inspection and punch list expertise, The Lighting Loft lighting showroom, Modern Stones marble and stone, CPS Outdoors pool systems and Cala Bennati Wines.

VIP Dinner at Tidelli Miami

For more information about upcoming PROFILEmiami Events please check out our events page here or fill out the form below:

Ugo Colombo's CMC Group Completes Vita at Grove Isle in Coconut Grove

Renowned Miami developer Ugo Colombo’s CMC Group has officially delivered its most sophisticated development to date, Vita at Grove Isle, marking the pinnacle of the firm’s three-decade commitment to elevating Miami’s luxury residential landscape. The 7-story boutique condominium features 65 ultra-luxury residences and is located on the exclusive 20-acre private island of Grove Isle, situated just offshore of Miami’s Coconut Grove enclave. Following the receipt of the building’s Temporary Certificate of Occupancy (TCO), closings have now commenced as residents begin to take ownership of their units and prepare for move-ins.

Since its 2023 sales launch and groundbreaking, Vita has attracted a predominantly domestic buyer pool, including many local Miami residents relocating from large estate homes in nearby affluent neighborhoods. Drawn to Vita’s expansive, estate-like floor plans, these buyers value the ability to downsize without compromising space, while gaining the convenience, privacy, and lock-and-leave ease of luxury condominium living. As the only new luxury condominium delivering in Coconut Grove this year, Vita also offers the advantage of immediate occupancy for buyers eager to transition seamlessly into their new homes.

The majority of Vita’s residences have already been sold, leaving a limited selection of available inventory priced from $6.5 million, including a two-story penthouse with a private pool and rooftop terrace priced at $22 million.

“Vita at Grove Isle represents the culmination of years of careful planning, thoughtful design, and an unwavering attention to detail,” said Ugo Colombo, Founder of CMC Group. “Our goal was to deliver a level of quality, privacy, and craftsmanship that feels truly special, something worthy of this remarkable island. Seeing Vita come to life is incredibly meaningful, and I’m proud of what we have created.”

Every detail of Vita, from its layouts and smart-home systems to the fine marbles sourced directly from Italy, was personally overseen by Ugo Colombo, a Milan native with an unmatched eye for luxury. His involvement touched every corner of the project, from the building’s façade engineering to custom furnishings and advanced lighting and climate technologies, resulting in a seamless living experience defined by craftsmanship and enduring quality.

Vita’s completion marks the latest milestone in Ugo Colombo’s three-decade legacy of shaping Miami’s skyline. His commitment to timeless style, breathtaking luxury, and meticulous detail has been a constant in the sea of change defining Miami real estate. Since igniting the city’s luxury condominium boom with Bristol Tower and Santa Maria in the early 1990s, Colombo has continued to deliver a selective and curated portfolio of best-in-class developments including Porto Vita, Grovenor House, EPIC Hotel & Residences, Brickell Flatiron, and most recently Onda Residences in Bay Harbor Islands, all of which have retained their value and remain synonymous with elevated design and craftsmanship.

“Delivering Vita at Grove Isle is especially meaningful for us because we only take on one or two developments at a time, allowing us to pour our full attention into every detail,” said Christine Martínez de Castro, Chief Marketing and Sales Officer of CMC Group. “Under Ugo’s leadership, every element, from the caliber of materials to the integrity of the design, was thoughtfully considered to ensure Vita feels like a collection of private homes, a true waterfront retreat accessible only by a private bridge. It reflects the standard of quality and craftsmanship that has guided Ugo’s work for years and continues to set our developments apart.”

For the design of Vita, Colombo partnered with global architecture and design firm CallisonRTKL, local architecture firm S&E Architects, and Italian designers Carlo and Paolo Colombo of A++ Architecture to create one-of-a-kind interior and amenity spaces. Vita’s three elegantly curved buildings – Mare, Luce and Sole – are designed to showcase a single architectural structure mirroring the natural contours of the island, while maximizing panoramic views of the sparkling Biscayne Bay from every residence.

Resident amenities include a private bayfront pool, Pickel and Padel courts, poolside bar and lounge, a state-of-the-art fitness center and spa, and membership to the “Grove Isle Racquet and Yacht Club,” which features a Club pool with adjacent bar as well as night-lit tennis. Residents and their guests will also enjoy access to La Sponda, an elevated Italian dining concept from Gioia Hospitality Group, the team behind Miami’s acclaimed Daniel’s, opening in 2026 for lunch, dinner, and cocktails.

The level of planning that has gone into Vita’s architecture and amenities is matched only by the detail paid to the design of its residences. Units feature dedicated elevators with private foyers, contemporary Italian-designed open-concept kitchens equipped with concealed, top-of-the-line Miele appliances, and elegant bathrooms showcasing custom Italian cabinetry, European designer fixtures, hand-selected book-matched marble, and masterfully crafted Italian stonework. Additionally, each home offers at least 10-foot ceilings from finished floor to drop ceiling, pre-installed smart home automation for seamless control of lighting, climate, and air/water filtration systems, and high-performance soundproofing for unparalleled privacy and comfort.

Vita’s exclusive collection of 12 two-story penthouses elevates the experience further with private rooftop terraces offering full-size swimming pools and summer kitchens allowing for year-round outdoor dining, lounging and entertaining. Inside, each penthouse features drop ceilings and soaring 11-foot finished ceiling heights that enhance the home’s sense of volume and elegance.

Grove Isle is one of the most exclusive residential locations in Miami. Spanning 20 acres, the gated private island in Coconut Grove is just minutes away from mainland Miami via the scenic Grove Isle bridge. The secluded community is highly prized by residents as a peaceful haven with panoramic bay views, in close proximity to Miami’s best shopping, elite schools, chef-driven restaurants, world-class arts and culture, and destinations such as Brickell, Miami Beach and Coral Gables.

As Colombo celebrates the completion of Vita, CMC Group is already ushering in its next chapter with the recent groundbreaking of the Four Seasons Private Residences Coconut Grove, the firm’s newest ultra-luxury development in partnership with Fort Partners. Poised to become one of Miami’s most distinguished addresses, the project continues CMC’s tradition of delivering meticulously crafted, design-forward residences that elevate the city’s skyline and reinforce its position as a global luxury destination.

Images via CMC Group

For more information about Vita at Grove Isles, private showings or purchasing/ leasing information please fill out the form below:

Sabal Development Unveils Ultra-Luxe $75 Million ‘Villa Tropezina’ Estate on Manalapan’s Billionaire’s Beach

Sabal Development has revealed their newly listed "Villa Tropezina," a spectacular new-construction, dual-waterfront estate located at 3050 S Ocean Boulevard in the exclusive Manalapan, Florida, enclave known as Billionaire’s Beach. Masterfully developed by Sabal Development and expertly crafted by Sabal Luxury Builders under the direction of Pascal Nicolai, the three-story house is priced at $75,000,000.

Pascal Liguori and Carmen D’Angelo of Premier Estate Properties are the listing agents.

Slated for completion in the Spring of 2026, the magnificent residence offers 6 bedrooms, 10 bathrooms, and a total interior livable area of 15,832 square feet, set on a sprawling 1.33-acre lot. Designed by Togu Design, Villa Tropezina sits on a walled and gated property that extends from a private, pristine Atlantic Ocean beach to a secluded Intracoastal inlet, providing 70 feet of private frontage on both waterways. The owner will have access to an exclusive cabana beach through a tunnel, providing immense privacy.

“Villa Tropezina is the culmination of Sabal’s commitment to extraordinary design and impeccable craftsmanship, set within the incomparable exclusivity of Manalapan’s Billionaire’s Beach.” Said Pascal Nicolai, CEO of Sabal Development and Sabal Luxury Builder. “Our vision was to create an 'Organic Modern Jewel' that not only offers an ultimate luxury lifestyle with resort-style amenities, but that also achieves a rare, zen-like serenity by seamlessly blending the beauty of the Atlantic Ocean and the Intracoastal with cutting-edge modern architecture.”

The home embodies a zen-like serenity, seamlessly blending creamy natural tones and organic wood treatments with cutting-edge modern design, blurring the lines between indoor and outdoor living. The ultimate luxury lifestyle is achieved through its world-class amenities and resort-style features, including unobstructed ocean and Intracoastal views from floor-to-ceiling glass sliders and glass-railed terraces. The house will be fully furnished by Roche Bobois and decorated to show its full potential. The décor is not included in the homes listing price.

Premier amenities include:

• Dual Waterfront Features: A full-service Intracoastal boat dock and a private approach to an exclusive Atlantic Ocean beach, complete with a beach-side cabana featuring a game room/lounge.

• Entertaining Oasis: A heated saline infinity-edge waterfront pool and spa, a fire pit, a grilling station, a private screening room with lounge seating and a built-in bar, and multiple tiered terraces.

• Wellness & Auto Salon: A dedicated wellness center with a gym, sauna, and spa bath, and an impressive 8-10 car auto salon.

• Palatial Suites: A secluded primary suite offering a morning bar, lavish spa bath, dual fitted boutique walk-in closets, and a large covered terrace overlooking the Intracoastal. The home also includes a VIP oceanfront guest suite and three additional guest suites.

Constructed with concrete throughout, the residence is a secure oasis, featuring impact windows and doors, a whole-house generator, multi-camera security, and Savant® smarthouse automation for fingertip control. Villa Tropezina offers a level of luxury and exclusivity rivaling the world's most sought-after destinations, all just minutes from world-class dining and shopping along Palm Beach’s iconic Worth Avenue.

Renderings via Sabal Development

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

Terra, One Thousand Group and Major Food Group Reveal $55 Million, 15,000 SF Three-Story Penthouse At Villa Miami in Edgewater

Marking one of the most ambitious residences ever brought to market in the city, Villa Miami unveils a 15,000-square-foot, three-story estate in the sky. Conceptualized by acclaimed interior designer Vicky Charles of Charles & Co., the waterfront triplex crowns the top of the 56-story tower. Villa Miami is under construction, on track for delivery late 2027.

Developed by Terra (David Martin), One Thousand Group (Kevin Venger, Louis Birdman, Michael Konig), and Major Food Group (Jeff Zalaznick, Mario Carbone, Rich Torrisi, Alex Pirez), Villa Miami fuses bold architecture with five-star hospitality in a highly curated, low-density setting of just 70 residences. The 650-foot-tall waterfront condominium is set to become a new architectural landmark on Biscayne Bay, featuring a rooftop helipad and a distinctive copper-colored exoskeleton designed by ODP Architects.

“This triplex design represents the caliber of residences the new Miami market is craving,” said David Martin, CEO of Terra. “Vicky Charles is behind some of the world’s most elegant private estates, and she brings a level of sophistication rarely seen in Miami. Her design for this residence is worldly, timeless, and unlike anything else in the city. This residence delivers the scale and privacy of a single-family home across three floors in the sky.”

Charles drew inspiration from mid-century Italian villas and Biscayne Bay. An AD100 designer with a client roster that includes the Beckhams, the Clooneys, Ashton Kutcher, and Mila Kunis, Charles brings a signature sense of warmth and depth to Villa, her first-ever Miami condo tower project. Upon entry, a sculptural spiral staircase makes a dramatic statement, complemented by diamond-patterned stone, ambient lighting, and hand-applied plaster walls.

“Every aspect of this project is deeply personal to us,” said Charles. “We approached every detail through the lens of luxury, incorporating distinctive marbles, custom patterns, and highly curated amenity offerings.”

Priced at $55 million, the fully finished and furnished three-story residence designed by Vicky Charles spans 12,752 interior square feet and 2,069 square feet of exterior space, including a 185-square-foot private entry foyer. It features five bedrooms, five bathrooms, two powder rooms, and four private terraces, along with estate-scale amenities: two full kitchens, a private pool, gym, sauna, steam room, massage room, office, staff quarters, private elevator, and two laundry rooms, all elevated high above Biscayne Bay.

The first level includes the dramatic spiral staircase framed by two-story bay views, the primary suite, two secondary bedrooms, a dual-vanity marble bath, office, family room, two terraces, and a walk-in closet connected to a laundry room. A corner study with a built-in bar and a rec room with a copper-detailed marble bar complete the floor.

Dedicated to entertaining, the second floor unveils a chef’s kitchen flowing into the great room, formal dining space, and waterfront terrace. A hidden butler’s kitchen, wine cellar, and staff quarters enhance functionality.

The top level is a full-service wellness and leisure deck featuring a bayfront infinity pool, gym, sauna, steam and massage room, lounge, billiards room, bar, and two covered outdoor areas.

“This residence embodies the pinnacle of luxury entertainment,” added Charles. “It’s a defining feature that sets this space apart as truly one-of-a-kind.”

“This triplex really reflects where Miami’s market is today,” said Kevin Venger of One Thousand Group. “Buyers are looking for ultra-luxury homes with space, privacy, and a true sense of lifestyle—and that’s exactly what we’ve created here. Vicky’s design brings it all together beautifully, making this a one-of-a-kind residence that speaks to how people want to live in Miami now.”

Villa Miami has attracted strong interest from both domestic and international buyers, with residents hailing from the Northeast, California, Canada, Latin America, and Europe. The building appeals to a high net worth demographic that includes professional athletes, CEOs, and top executives in finance and tech, reflecting South Florida’s evolving buyer profile. Miami has become a go-to destination for billionaires, tech moguls, and finance executives, fueling a wave of record-breaking real estate deals and establishing the city as home to some of the country’s wealthiest individuals, including Jeff Bezos and Ken Griffin.

The tower also marks the first branded residential tower by Major Food Group, the acclaimed team behind CARBONE, ZZ’s Club, and Dirty French. The group has curated every aspect of the resident experience, from interiors to culinary programming. At the heart of the tower is The Copper Club, a three-level private amenity suite with private dining, lounges, screening room, salon, wellness facilities, and a rooftop helipad. On the ground floor, a waterfront restaurant by Major Food Group will offer residents VIP access and priority seating.

Terra and One Thousand Group have come together as partners for the first time to present Villa Miami. Led by David Martin, Terra recently delivered Five Park Miami Beach and Mr. C Residences Coconut Grove, and has previously completed residential developments including the Renzo Piano-designed Eighty Seven Park, the Rem Koolhaas/OMA-designed Park Grove, and the Bjarke Ingels-designed Grove at Grand Bay towers. One Thousand Group’s portfolio includes the Zaha Hadid-designed One Thousand Museum tower, Ten Museum Park, and Regalia on the Ocean.

Renderings via Binyan Studio

For more information about Villa Miami Residences or to inquire about purchasing a unit please fill out the form below: