One of the most historic estates in Coconut Grove and the former winter retreat of 1920’s actor Rudolph Valentino, has sold off market for $4,500,000. The Moorish Compound, which is located on a rock bluff overlooking the prestigious South Bayshore Drive, was originally built in 1910 and is made up of a main house with three separate cottages on a 25,000 SF lot.
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PARAMOUNT Miami Worldcenter Reveals Urban Villas Starting At $3.5 Million
PARAMOUNT Miami Worldcenter has revealed their exclusive collection of four, two-story urban villas, the most unique residences offered at the massive 27-acre complex, which has been compared to New York’s Hudson Yards as one of the country’s most visionary and largest mixed-use developments.
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The $159 Million Playa Vista Isle Sells At Auction To Teavana Co-Founder Andrew Mack For $42.5 Million
Teavana co-founder Andrew Mack has purchased Playa Vista Isle for a massively discounted $42.5 million. The Versailles-inspired estate in Hillsboro Beach made headlines when it hit auction in November after being listed for $139 million in 2014 and raising to $159 million in 205 before being delisted in 2016.
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Melo Group Launches Pre-Leasing For Art Plaza Apartments In Downtown Miami
The Melo Group, one of Miami’s most prolific residential developers who have quickly transformed Downtown Miami and its Arts & Entertainment District, have launched pre-leasing for Art Plaza, a transit oriented, community minded 667-unit apartment complex walking distance from the School Board Metro Mover Station.
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APEX Capital Realty Signs First Two Tenants At URBAN 75th STREET In Little River
APEX Capital Realty, led by Miguel Pinto, has just signed the first two tenants at URBAN 75th STREET, an innovative warehouse complex located at 300-320 NE 75th Street in Little River. PIXIE Market, a Los Angeles-based fashion e-commerce company, signed a 5-year lease for 3,500 SF in the 320 building and plans to move in January 2019.
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The Agency And The Agency Development Continue To Expand In South Florida
Just two months after Beverly Hills-based real estate brokerage and lifestyle company, The Agency, launched its operation in South Florida, it has announced the opening of its second and third locations and expanded its new development division, The Agency Development Group (TADG).
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Renzo Piano's Eighty Seven Park Reveals Record-Breaking $68 Million Penthouse
Eighty Seven Park by Renzo Piano Building Workshop has revealed its penthouse in record breaking fashion. Priced at $68 million, the penthouse is unlike any other property on the market and is 2018’s most expensive home in Miami.
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Aston Martin Residences Locks Down $200 Million Construction Loan
G&G Business Developments has locked down a $200 million construction loan for Aston Martin Residences, now under construction in Downtown Miami. The financing is being funded by Itaú BBA International plc, a London affiliate of the Brazilian bank, and was borrowed by Riverwalk East Development LLC, an affiliate of G&G Business Developments LLC.
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City National Bank & UBS Lease 142,000 SF Of Office Space Valued At $75.1 Million At Miami Tower
City National Bank of Florida and UBS have inked deals to lease 142,000 SF of office space valued at $75.1 million at Miami Tower, a 47-story, landmark office skyscraper at 100 SE Second St. in Downtown Miami.
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CMC Group Drops Video Tour of A Finished Residence At Brickell Flatiron
Brickell Flatiron, which is the only remaining condo under construction in Brickell, has released a sneak peek of a finished residence showcasing the top-of-the-line materials and finishes hand-picked by developer Ugo Colombo from his native Italy. Hailing from Milan, Ugo is known for his meticulous attention to detail and ability to deliver a bespoke product, whether that means flying in Italian craftsman to lay porcelain tile or importing everything from hardwood doors, marble baths, and terracotta cabinetry from his home country. The interiors are designed by legendary Italian architect, designer and creator Massimo Iosa Ghini of Ferrari and David Bowie fame and the Miami-based Luis Revuelta is responsible for the building’s exterior. Construction crews are aiming to top off the tower in December and will open in mid-2019.
Sales at Brickell Flatiron have been strong as the tower is now 85% sold. In September, a penthouse in the tower sold for a record-breaking $13.2 million, the highest price paid for a condo in the Brickell submarket since 2007. Buyers are coming from major US cities, whereas this time last year, 70% of Brickell Flatiron’s condos were selling to Latin American buyers, whereas today 80% of sales are being inked with local and domestic buyers.
When complete, Brickell Flatiron will stand 736' and will be one of the tallest residential towers in the U.S. Units range from 1 to 5 bedrooms starting at $500,000 and ranging up to $15.5 million for penthouses. Brickell Flatiron's amenities include an 18th floor amenity deck with a resort style pool, 24-hour concierge, billiard and cigar room, wine cellar, valet, electric car charging stations and a 64th-floor rooftop that will feature a Sky Spa, Sky Pool and Sky Gym along with stunning 360 views of Biscayne Bay, Brickell, Downtown Miami, Coral Gables, etc.
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