Step inside this stunning new construction waterfront on the exclusive Belle Meade Island. The home features floor-to-ceiling glass for dramatic, panoramic views of Biscayne Bay, Miami Beach and Downtown Miami. The residence features 7 bedrooms and 6 full bathrooms and 1 half bath spread over 7,171 SF along with a pool with its own waterfall and a private dock. Inside, the home features solid Oak Doors, Italian Cotto D'este porcelain and stunning woodwork along the walls of the living spaces. The kitchen is outfitted with custom Miele appliances and the master suite looks directly into Biscayne Bay for an unparalleled living experience. 7311 Belle Meade Island is listed for $8,695,000 with Chad Carroll and Caroline Nicolai of Douglas Elliman.
Miami Is Back In Business As Miami International Airport & Miami Beach Reopen
Miami International Airport and Miami Beach are once again open. Cars could be seen backed-up waiting to get onto Miami Beach as early as last night. Miami International Airport has resumed flights, although it is a limited schedule and some flights have been cancelled. Flights from London, Paris, Sao Paulo, Buenos Aires, New York and Los Angeles have now arrived into Miami International Airport since reopening this morning. Miami International Airport received some wind damage but not as bad as what could have been. Fort Lauderdale airport is also expecting to resume flights today.
If you are looking for supplies, the following PUBLIX are open and running:
- 15750 SW 72nd St., Miami
- 9755 NW 41st St., Doral
- 2270 SW 27th Ave., Miami
- 9050 Biscayne Blvd, Miami Shores Village
- 1700 Miami Gardens Dr., North Miami Beach
- 8250 Mills Dr., Kendall
- 9041 SW 107th Ave., Kendall
- 11750 SW 104th Ave., Kendall
Featured Listing: Step Inside The Beach House, A South Beach Landmark That Is South-of-Fifth's Most Exclusive Single-Family Residence on Ocean Drive
Located at 222 Ocean Drive, The Beach House is the most exclusive single-family residence in South-Of-Fifth. In fact, it is the only single-family residence on Ocean Drive in the entire neighborhood. Located directly on Ocean Drive, The Beach House is walking distance from all the best South Pointe has to offer including Milos, Prime 112, Il Mulino, and Joe's Stone Crab amongst others. The residence features 4 bedrooms, 4 full bathrooms and 2 half-baths spread over 7,056 SF. The home also features a home theater, wet bar, fireplace, 2 car garage, wine valut, private rooftop sundeck with summer kitchen and pool, along with a Guggenheim-style spiral staircase and 20' ceilings. The Beach House was originally built in 1930 and was renovated by Briggs Edward Solomon. 222 Ocean Drive is currently listed for $13,995,000 with John Sandberg, Ann Nortmann and Tracie Hamersley of Douglas Elliman.
Tour the Carnage That Hurricane Irma Dumped On Miami Including Submerging Brickell
Although Hurricane Irma was not a direct hit to Miami, the storm's massive composition wreaked havoc throughout the world-class metropolitan city's streets. In Brickell and Miami Beach, streets became flooded and turned into rivers including Brickell Avenue, one of Miami's most iconic streets which is lined with luxurious skyscrapers of banks, offices, hotels and residences.Gale force winds could be shown whipping through the city streets, blowing over Palm Trees, signs, trucks and anything in their path. In addition to the storm surge, rain water flooded inland areas and high winds damaged Miami International Airport, which officials have not yet deemed when they will be ready to open. Venetian Causeway was almost completely under water and a sailboat was seen slammed up against the bridges between San Marco Island and Biscayne Island. City officials still cannot confirm how high water levels rose. While some areas have seen water levels pull back, others are still flooded.
Areas to note, Purdy Avenue in Sunset Harbour, one of Miami Beach's most notorius flood zones, survived with little to no flooding. This shows that Miami's commitment to fending off sea level rise can prove to be successful as the city has raised the sidewalks over the years by 2' 5" and Miami Beach has committed over $500 million to raise streets and install pumps to drain floodwaters.
The damage assessment will take quite a few days as officials will make sure structures are safe for residents to return, remove debris and begin a clean-up process that at this time appear that it could have been much, much worse. Despite that, until the official reports begin to roll-in, there is just no way to know how much damage was done to the city and region of South Florida. So far, 5.8 million Florida homes and business' lost power and FPL claims that returning to normal operation could take weeks as they expect damage to core company systems. Many resources will need to be dedicated to rescue crews and clean-up so staying away from the city will allow officials budget the necessary resources to the people and areas that need them. Business are not open and returning to the city without essential supplies can hinder the efforts of those working to get the city back up and working on its feet.
Stay tuned to PROFILEmiami for more updates on Hurricane Irma and the clean-up effort.
Hurricane Irma Shifts West as Governor Rick Scott Warns "The Storm Is Here"
Outer bands bringing strong wind and rain from Hurricane Irma began to pound the southernmost reaches of Florida this morning (Saturday 9/9/17). The storm is now a Category 4 with sustained winds of 130 mph which will bring storm surge, rain, flooding and devastating gale force winds. Hurricane conditions are expected to begin Saturday night int he Florida Keys and across the southern and central Florida coasts.
"The storm is here. This is a deadly storm, and our state has never seen anything like it," said Florida Governor Rick Scott.
The eye of Hurricane Irma is expected to hit the Florida Keys Sunday morning before moving up the west coast of Florida including Naples, Fort Myers and Tampa Bay. Officials warn that just because the storm's path has shifted west does not mean that the east coast is safe and is at risk of severe danger of storm surge, flooding and devastating winds which threaten many of the construction cranes in Miami's burgeoning metropolitan areas.
We reported yesterday (Friday 9/8/17) that the largest mandatory evacuation order in the history of the United States are in effect for all of Miami Beach, Brickell and Downtown, amongst others counties. Over 650,000 people in the Miami area are effected by the storm and evacuation orders. Other evacuation orders include Broward County east of US 1, Palm Beach County, parts of Brevard County, coastal Jacksonville and Duval County, and Monroe County, which was among the first as it features the Florida Keys.
Hurricane Irma Barrels Towards South Florida, Mandatory Evacuations in Effect
The largest mandatory evacuation order in the history of the United States are in effect for all of Miami Beach, Brickell and Downtown amongst others counties as Hurricane Irma barrels towards South Florida. Over 650,000 people in the Miami area are effected by the storm and evacuation orders. Other evacuation orders include Broward County east of US 1, Palm Beach County, parts of Brevard County, coastal Jacksonville and Duval County, and Monroe County, which was among the first as it features the Florida Keys.
Terra, New Valley, Great Eagle Holdings and Bizzi & Partners Secure $155 Million In Construction Financing for Eighty Seven Park, Prepare to Commence Vertical Construction
Terra, New Valley, Great Eagle Holdings and Bizzi & Partners, the partners behind Eighty Seven Park, Renzo Piano’s first residential project in the U.S., have finalized a construction loan that will open the door to vertical construction. The loan is for $155 million in construction financing from United Overseas Bank. Terra has reported that the building is now over 60% sold with a sales volume of over $250 million. The start of vertical construction follows initial site work that involved placing 300 foundation pilings into the ground.
“Local and international buyers are responding to Eighty Seven Park’s brand of intelligent luxury, with more than sixty percent of our sixty-six units now sold,” says Terra president and co-founder David Martin. “Eighty Seven Park’s singular location, combined with Renzo Piano’s sophisticated design and the equity we’ve built through pre-construction sales, have created a powerful combination that put us in position to secure construction financing.”
“Buyers seeking oceanfront living in Miami Beach have many options, and Eighty Seven Park is the most desirable among them as evidenced by our sales success,” says Howard M. Lorber, chairman of Douglas Elliman Real Estate and CEO of Vector Group, the parent company of New Valley. “Our project offers the amenities, exclusivity and sophisticated design that today’s most discerning buyers are looking for.”
“IRR Miami’s market forecasts indicate that the only new projects that will get started over the next 24 months are those sponsored by the strongest developers,” explains Anthony Graziano, chairman of Integra Realty Resources and senior managing director for IRR-Miami/Palm Beach. “The strength of Eighty Seven Park lies in its location, design, and the experience of the development team that Terra has assembled. This is another example of Terra’s ability to deliver bold projects in irreplaceable locations.”
Eighty Seven Park is located on Collins Avenue in North Beach at 87th St. and Collins, which is the northern-most parcel of land in Miami Beach. Eighty Seven Park will be an 18 story glass tower with expansive, unobstructed views of the Atlantic Ocean, Miami Beach and Biscayne Bay. The building was designed by famed designer and Pritzker Prize-winning architect Renzo Piano Building Workshop in collaboration with RDAI, West 8 designed the landscape architecture and Ruben and Isabel Toledo will handle branding and marketing material. Eighty Seven Park will feature 68 residences that range from 1 to 5 bedroom layout and 1,400 SF to over 7,000 SF. Pricing ranges from $1.6 million to $15.2 million. There will also be a full-time concierge and butler service, smart home and building technology and five-star amenities including a salon, resort style pool with full-service bar, valet, security, library and on-site enoteca complete with on-site wine tasting. Eighty Seven Park is expected to be completed in 2018.
Brazillian Billionaire Jose Isaac Peres Sees Backlash to His Proposal for 5775 Collins Ave
Brazillian billionaire Jose Isaac Peres has seen a backlash from neighbors over his proposal for 5775 Collins Ave in Miami Beach. Resident's complain of a "Condo Canyon" effect which is caused by newer building taking up the entire lots they are built on in terms of width. This would block partial views of the ocean as well as limit public access to the beach. The building is being designed by Arquitectonica and would rise 17 stories and feature 89 units. The building would also feature 2 levels of semi-subterranean parking. The proposed tower is outfitted with white stucco-tipped slabs with a glazed glass skin on the units. The balconies appear to be finished with with a warm brown wood, with planks oriented and glass rails. The proposal will head to the Design Review Board in December.
Two Roads Development Celebrates With Top Brokers by Awarding Commission Checks In-Advance of Ground Breaking
On Wednesday, August 30th, Two Roads Development, the developers of Elysee Miami, awarded nearly $400,000 in commission checks to the project’s top-selling brokers in advance of its highly-anticipated groundbreaking this coming fall (2017). The check presentation took place at a special cocktail event at Elysee’s sales gallery on Biscayne Boulevard. Notable guests included Two Roads Development’s Reid Boren and Taylor Collins, as well as members of Cervera Real Estate’s executive leadership team including Alicia Cervera Sr., Veronica Cervera Goeske, Alicia Cervera Lamadrid, Jesse Ottley and Ali Lamadrid. Set to rise along Biscayne Bay at 788 NE 23rd Street in Miami’s East Edgewater neighborhood, the 57-story waterfront tower will feature 100 half-floor and full-floor residences priced from $1.5 million to $14 million. Cervera Real Estate are the exclusive sales team for Elysee.
Construction Update: G&G Business Development Files Notice of Commencement to Break Ground on Aston Martin Residences
G&G Business Developments has filed a Notice of Commencement with the county to break ground on Aston Martin Residences. Aston Martin Residences will rise 66 stories and features 391 units, designed by Revuelta Architecture and Bodas Mian Anger. The tower's interiors will feature lighting and handmade detail based on the car in addition to hand-adorned residence door numbers from the same jewelers that place the logo on the hood of Aston Martin cars. The building will features floor-to-ceiling glass with no visible concrete, including glass encased support beams. Units start at $500,000 and range up to $7,000,000 for the "River and Panoramic Residences" part of the building and $14,000,000 to $35,000,000 for the "Penthouses." The ultimate unit will be a triplex penthouse that comes complete with a private pool, helipad and Aston Martin Vulcan. Amenities include 42,000 SF “Sky Amenity” deck which features a state-of-the-art fitness center, golf simulator, multiple theaters, and a curated art gallery.
