HFZ Capital Group has canceled the Fasano Residences Miami Beach, a 67-unit luxury condo project planned for the Shore Club Hotel property, which is currently managed by Morgans Hotel Group and owned by HFZ Capital Group. HFZ is currently in the process of returning deposits to buyers and began alerting their clients on Friday (10/2717) of the news.
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Shoma Group Unveils Its Eleven on Lenox Sales Gallery In South Beach
Real estate development firm Shoma Group announced the opening of its new on-site sales gallery at Eleven on Lenox on October 23, 2017. Located in South Beach on Fifteenth Street and Lenox Avenue, Eleven on Lenox will be an ultra-luxe boutique project that will feature a bespoke collection of 11 beach-inspired homes
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Featured Listing: Kick-Back In The Duplex Penthouse Which Is The Venetian Islands Priciest Condo Listing
There's nothing like living right in the middle of Miami's beautiful Biscayne Bay on the coveted Venetian Islands with panoramic water views. Unit 2502 at 10 Venetian Way is the most expensive condo currently for sale on the Venetian Islands, asking $6.495 million.
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JDS Development Group Secures $62.5 Million Construction Loan For Monad Terrace, To Go Vertical in Early 2018
JDS Development Group has secured a $62.5 million construction loan For Monad Terrace in South Beach. The developer has already broken-ground and is completing foundation work, they expect to go vertical in March 2018.
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Pitbull to Open iLov305 Restaurant and Cocktail Bar in Former Bon Air Hotel on Ocean Drive
Pitbull is bringing a restaurant to Ocean Dirve. The singer has announced that he will launch a new concept, iLov305, in the former Bon Air Hotel at 1600 Ocean Drive. iLov305 will be a restaurant and cocktail lounge with daiquiri bar.
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Featured Listing: Tour the Lavish Oceanfront Foster + Partners-Designed Faena House Condo Asking $9.5 Million
This lavish oceanfront Faena House condo, which is on the market asking $9.5 million, is the ultimate place to enjoy all the luxuries South Beach has to offer. The residence features 4 bedrooms, 5 full-bathrooms and 1 half-bath spread over 4,165 SF with an additional 1,301 SF lanai.
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Three Hundred Collins Penthouse Sells For Record Setting $5.8 Million
The crown-jewel penthouse at Three Hundred Collins has sold for a record setting $5.8 million, $1,845 SF, the highest price-per-square-foot sale for a non-waterfront condo in South Beach. Penthouse 1 features 3,150 SF of interior space and 1,580 SF of outdoor terrace space.
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South Beach's First Food Hall Concept, Time Out Market Miami, Is Revealed
Time Out Market Miami has revealed their first renderings of the open food hall concept, the first of its kind in South Beach. The eatery will feature 17 restaurants in total and has announced commitments by multiple local Miami restaurant brands including KUSH, Coyo Taco, Jugofresh, Paradigm Kitchen, and BUHT-ER.
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Crescent Heights Aims to Bring Citizen M Hotel to 1212 Lincoln Road
Crescent Heights is aiming to bring a Citizen M Hotel to 1212 Lincoln Road. The developer recently applied to the city for approval to modify the existing proposal by bumping the room count up to 168 from 100 by creating "pod" style rooms, some of which are under 218 SF. They also requested a variance to operate 2 LED billboards which would display graphics that are inspired by the murals that currently exist on the current building.
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1 Hotel & Homes Appoints Douglas Elliman's Tracy Galya As New Residential Sales Director
1 Hotel & Homes South Beach, the trailblazing, eco-friendly, LEED-certified oceanfront property inspired by nature and crafted from sustainable materials, announced today (September 27, 2017) that Tracy Galya, a 1 Homes top-producer, has been promoted to Residential Sales Director.
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