A tropical modern mansion on Palm Island designed by Choeff Levy Fischman has sold for $20.5 million. Located at 19 Palm Avenue, the two-story home spans 9,386 square-feet complete with a $500,000 custom Fendi kitchen.
Read MoreCheck Out This Miami Beach Home Built By Lawrence Murray Dixon, The Architect Behind the Historic Art Deco District
Miami Beach has been known for it's historic Art Deco architecture since the movement began in the 1930's. One of the most crucial figures responsible for the development of "Tropical Art Deco" style was architect Lawerence Murray Dixon.
Read MoreWeWork Leaves Lincoln Road Location As Landlord Seeks $19.5 Million In Unpaid Rent
WeWork’s trouble’s due to COVID-19 continue as the landlord of their 350 Lincoln Road location has sued the co-working giant in Miami-Dade Circuit Court. SML 350 Lincoln Inc., an entity controlled by Shaul Levy and Meir Levy, alleges that WeWork breached their lease by failure to pay rent in April, May and June.
Read MoreTerra And Crescent Heights Break Ground On Canopy Park In South Beach
Terra and Crescent Heights, along with development partner New Valley, have broken ground on Canopy Park, located at the gateway to South Beach at after winning approval from the Miami Beach City Commission last year.
Read MoreStar Island Spec Mansion Sells For $49.5 Million In Off-Market Deal
22 Star Island has sold for $49.5 million in an off-market deal after making waves through the Miami real estate community with its whisper price of $65 million. The buyer has requested to remain unnamed. The 17,000 SF spec mansion sits on the northern tip of Miami Beach’s Star Island, an exclusive enclave off of MacArthur Causeway on Biscayne Bay.
Read MoreOwner of Bâoli, Massa Investment Group, Acquires Miami Beach's Paris Theater For $13 Million
Massa Investment Group has acquired Miami Beach’s Paris Theater, located at 550 Washington Ave., for $13 million; $508 per square foot. The Art Deco building, which was first built in 1935, spans 25,589 SF. The building was designed by architect Henry Hohauser and has operated over time as a cinema, adult movie house, nightclub and film studio.
Read MoreStep Inside A Newly Revealed Venetian Islands Spec Mansion Asking $23.5 Million
Miami Beach ultra-luxury developer, Ramin Designs, in partnership with the top luxury broker, Nelson Gonzalez, have created a contemporary masterpiece on the premier southern lot of Miami-Beach’s Venetian Islands.
Read MoreGoddard Investment Group Moves To Evict WeWork From South of Fifth Location
WeWork’s landlord at 429 Lenox Avenue, Goddard Investment Group, has moved to evict WeWork from their South of Fifth location at 429 Lenox Avenue in South Beach. The 43,500 SF building is fully leased by WeWork who skipped out on rent payments for April, May and June.
Read MoreCitizenM Coming To 1212 Lincoln After Acquiring Hotel Piece From Crescent Heights
CitizenM is coming to South Beach after the Dutch hotel group purchased the hotel portion of Crescent Height’s 1212 Lincoln at the junction of Lincoln Road and Alton Road in South Beach. CitizenM paid $9 million for the 50 room hotel which is a part of the 1212 Lincoln mixed-use project which also includes over 70,000 SF of retail and 400 parking spaces.
Read MoreAn Iconic Lincoln Road Book Store and Cafe Is Closing After 30 Years
Lincoln Road has been hit by yet another closure as Books & Books has shut its doors after more than 30 years. Located at 927 Lincoln Road in The Sterling Building, the asking rents were too high for the independent bookstore which also has several other locations including Coral Gables, Coconut Grove, Downtown and Bal Harbour.
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