The duplex, combination unit Tower Suite at Mondrian South Beach has hit the market for $7.7 million. The residence is the largest in the building, which operates as The Mondrian Hotel & Residences located on West Avenue and is currently undergoing a $5 million renovation. The Tower Suite unit features 3 bedrooms + Office/Den and 4 bathrooms, spaning 4,100 SF with an open floor plan and a 1,400 SF terrace. The turnkey residence also features Fendi Casa furnishings, modern kitchen outfitted with Miele, Subzero & Wolf, and Grohe appliances; office, expansive master suite with custom leather-lined closets, and a large bathroom with glass walls, Crestron lighting and smart home system. The terrace features a hot tub and overlooks the pool and Biscyane Bay, providing unmatched views of the bay, Star Island, Venetian Islands, and the Downtown Miami, Brickell and Edgewater Skylines. Tower Suite #3 is currently listed for $7.7 million with Dina Goldentayer of the DS Team at Douglas Elliman.
Developer Robert Wennett Sells Iconic Mixed-Use Parking Garage, 1111 Lincoln Road
Bayerische Versorgungskammer (BVK), a German investment fund, has purchased the iconic, mixed-use parking garage from developer Robert Wennett. The deal was reached at $283 million and includes adjacent retail space at 1664 Lenox Avenue and 1666 Lenox Avenue. The total assemblage comes to around 146,327 SF, all roughly equating to around $1,932 SF on the sale. BKV financed the purchase with a $66.85 million mortgage from Universal-Investment-Gesellschaft mBh. Wennett originally purchased the properties for $23.5 million in 2005 before undergoing heavy development. 1111 Lincoln Road is an award-winning, mixed-use parking garage designed by Herzog & de Meuron in 2010, that has become an iconic part of Lincoln Road, Alton Road and South Beach. The 7 story, exposed concreted, mixed-use parking structure itself features 94,488 SF of office space, 51,839 SF of retail space, and a 300 parking spaces which can also be used as event space. Ground floor retail space has floor-to-ceiling glass storefronts with high ceilings along with another retail space located on level 5 that also features floor-to-ceiling glass to provide amazing views of the Miami skyline.
Miami Beach Sunset Island Home Listed by EWM Realty International Selected as Finalist in HGTV's Ultimate House Hunters
2821 Lucerne Ave., listed by EWM Realty International sales associate David Solomon represents a property selected as a finalist in the 2017 HGTV Ultimate House Hunt, a month-long online promotion being held on HGTV.com from June 13 through July 18. During the contest period, consumers vote for their favorite homes among 64 finalists in eight different categories. The listing was selected by editors of HGTV.com as a finalist in the Modern Masterpieces category, based on its extraordinary features and inspirational design, captured by striking photography.
“We have so many beautiful and unique homes across South Florida, and we are glad that one of our modern manses in Miami Beach was selected” said Ron Shuffield of EWM Realty International.
2821 Lucerne Avenue is located on Sunset Island #1. The turnkey home is 5,200 SF featuring 6 bedrooms and 7.5 bathrooms. The home has 5 guest suites, a large master bedroom, staff quarters, art walls for the art lover and a beautifully crafted chef’s kitchen. Lush landscaping throughout the residence offers a calm and tranquil vibe to the living spaces with a tropical lifestyle. Sliding floor-to-ceiling glass optimizes year round living and the ability to blend indoor/outdoor entertainment and living spaces. 2821 Lucerne Ave. is currently listed for $5,999,999 with David Solomon of EWM Realty International. Enjoy the photo tour below.
Tour the W South Beach Penthouse That Just Set The Bar For 2017 Condo Sales
A penthouse at W South Beach just sold for $10.2 million, setting the bar for 2017 condo sales as the highest sale per square foot this year (2017) at $3,502 SF. The residence is 3 bedrooms and 3 bathrooms spread over 2,912 SF with an additional 3,000 SF of outdoor space. The Yabu Pushelberg designed unit features quartz counters, marble bathrooms, Creston smark home system and Lutorn lighting. Outdoors the unit also features a private lap pool, hot tub and lounge area overlooking the beach. The unit was listed with Farid Moussallem and Miltiadis Kastanis of the Miami Lifestyle Team at Compass for $15 million and the buyer was represented by Luis Gonell of Engel & Voelkers. Enjoy the photo tour below.
Tour the Stunning Setai Unit With Views of Atlantic Ocean and Downtown Miami's Skyline That Sold for $5.5 Million
Unit 2802 in the Setai has sold for $5.5 million and the unit is absolutely stunning. The unit is 3 bedrooms, 3.5 bathrooms and covers 2,354 SF. The unit is a rare combination unit which has views that face southwest and southeast, allowing for unique views of the Atlantic Ocean, Miami Beach skyline and Downtown Miami skylines alike. The Setai is a 5-stary, 40-story, glass, beachfront hotel tower with 3 oceanfront pools, beach services, oceanfront grill, 24 hour room service, gym, concierge and full service spa. 101 20th Street Unit 2802 Miami Beach was listed by Eloy Carmenate and Mick Duchon of Douglas Elliman’s Carmenate + Duchon Residential Group. Carmenate and Duchon are no strangers to the ultra-high net worth buyer. They oversee a $300 million portfolio and specialize in top-end luxury homes with architectural significance. Recently adopting a new name, Carmenate + Duchon Residential, the duo have closed on over $70 million worth of deals just this year alone.
Featured Listing: Tour the Newly Unveiled Penthouse 1612 of 1 Hotel & Homes Designed by Artefacto
1 Hotel & Homes unveiled Penthouse 1612 yesterday (June '17) designed by Brazilian design-house Artefacto. The oceanfront penthouse spans 2,810 SF Over 3 bedrooms plus den and 3.5 bathrooms. The unit features a spacious balcony that accentuates the residence’s stunning ocean views and is designed to invite ocean breezes and sunlight into every room. Aguiar’s nature inspired aesthetic and airy interiors epitomizes soothing and splendid living. Penthouse 1612 is listed for $6,195,000 by Douglas Elliman Development Marketing. Enjoy the photo tour below.
Penthouse 1406 in the Miami Beach EDITION has Sold for $5.4 Million
Penthouse 1406 at the Miami Beach EDITION has sold for $5.4 million. The unit features 2 bedrooms and 3 bathrooms over 2,255 SF and 2-stories. It also features breathtaking ocean and bay views, whitewashed teak floors, Smart Home technology, a European Bulthaup kitchen, as well as a private rooftop deck with plunge pool and outdoor kitchen. Both sides of the transaction were overseen by Douglas Elliman, with Eloy Carmenate and Mick Duchon of Douglas Elliman’s Carmenate + Duchon Residential group representing the buyer and Bill Hernandez and Bryan Sereny acting as the list agents. Continue below for a photo tour of the immaculate penthouse.
Construction Update: South-of-Fifth's Louver House from Mast Capital Nears TCO
Mast Capital's Louver House, located in South of Fifth at 3rd and Meridian, is cruising towards completion. Designed by award-winning architect Rene Gonzalez, the four-story boutique property features 12 exclusive luxury residences and is on track to receive its TCO by the end of June 2017. Louver House complements the residential, walking neighborhoods lush, natural environment. The city of Miami Beach asked that the original bungalow that stood on the property be restored in some way, so Mast Capital created a public walking space via a louvered bungalow, paying hommage to the area's original beachside setting.
“Like all of my work, Louver House is designed to both reflect and respond to its environment. The building embraces the tropical qualities of the South of Fifth neighborhood and reinterprets them for contemporary living," said architect Rene Gonzalez.
“Louver House offers everything that today’s buyers are looking for, including luxurious amenities and an extremely desirable location walking distance to some of the best restaurants and our beach club,” said Camilo Miguel Jr., CEO of Mast Capital. “This milestone gets us one step closer to delivering the Louver House lifestyle.”
“This project broke ground in December 2015 and has progressed very nicely, reaching each progress point on target. Our team is excited to reach the next and final step, completion,” said Beauchamps Construction president Dean Thomas.
Louver House features a number of amenities, including a health club with an outdoor yoga area, pool deck with negative edge pool, landscaped lounge area, rooftop terrace, sunken lobby gardens as well as electric vehicle charging stations. Units at Louver House range from 2,088 to 2,432 square feet and prices range from $2.5 million to $3.9 million. All residences will be outfitted with unique kitchens from luxury Brazilian designer Ornare’s new “High Line” collection. Sales and marketing for the Louver House are exclusively handled by ONE Sotheby’s Realty and there are a few units left.
Featured Listing: The Late Leonard Miller's 23 Star Island Lists for $49 Million
The home of the late Susan and Leonard Miller, one of the co-founders of Lennar Corporation, has been listed for $49 million, making it the second most expensive home on Star Island and the 4th most expensive listing in Miami. The home is 10,211 SF and spread over 7 bedrooms and 8 bathrooms. The home features two master bathrooms, stunning landscaping, stunning views, tennis court, separate 2 bedroom guest house, pool and 327 feet of water frontage with private dock. It is currently listed with The Jills at Coldwell Banker Real Estate. Enjoy the photo tour below.
Featured Listing: Zaha Hadid's Personal W South Beach Condo Lists for $10 Million
Zaha Hadid’s personal Miami Beach condo which is located in the W South Beach has been listed for $10 million unfurnished. The oceanfront unit is 2,299 SF featuring 3 bedrooms and 4 bathrooms. The custom furniture by the late "Starchitect" will be sold separately. The number comes to around $4,350 SF, which ranks the listing as one of the five most expensive listings in South Beach per square foot. According to list agent Rex Hamilton, the residence is “presented as a grand main apartment with balconies wrapping the east and south views plus a totally separate guest apartment, which is a one bedroom facing southeast. The main apartment originally combined two-floor plans, which Zaha Hadid then reformatted and customized as a grand one-bedroom residence with a generous oceanfront living room and terraces for entertaining guests.” The unit is listed for $10 million with Rex Hamilton of The Rex Hamilton Corporation. Check-out the video tour below.
