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PROFILEmiami South Florida Real Estate Development News

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300 Costanera Casa Costanera, the Ultra-Private Bacardi Cocoplum Estate, Drops Price to $24,999,999

Casa Costanera, the Ultra-Private Bacardi Cocoplum Estate, Drops Price to $24,999,999

October 12, 2017

Casa Costanera, the ultra-private Bacardi Cocoplum Estate, has dropped the price to $24,999,999. The custom designed home, which is located at 300 Costanera Road in Coral Gables and was completed in May 2016, is owned by the great great granddaughter of Bacardi founder Facundo Bacardí Massó.

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In Featured Listing, Luxury Homes, Coral Gables, News Tags Casa Costanera, Cocoplum, Coral Gables, Luxury Real Estate, Featured Listings, Featured, Estate, Bacardi, Douglas Elliman, News
Three Hundred Collins Penthouse Sells For Record Setting $5.8 Million

Three Hundred Collins Penthouse Sells For Record Setting $5.8 Million

October 11, 2017

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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In News, Miami Beach, South Beach Tags Three Hundred Collins, South Pointe, South Beach, Miami Beach, Penthouse, News
Gary Nader to Sell $100 Million of Art to Fund The Nader Art Museum Latin America

Gary Nader to Sell $100 Million of Art to Fund The Nader Art Museum Latin America

October 10, 2017

Art dealer Gary Nader has decided to sell $100 million of art from his private collection to fund the Nader Art Museum Latin America. Nader's journey to construct the full scale museum has not been without drama as we reported in March 2017 that Nader was still interested in bringing the Nader Art Museum Latin America to Downtown Miami

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In Finance & Banking, News Tags Gary Nader, Nader Art Museum Latin America, News, Art, Museum, Commercial, Finance, Financing
PROFILE Exclusive Interview: Energizing Miami's New Arts + Entertainment District With The Skyline Changing CANVAS

PROFILE Exclusive: Energizing Miami's New Arts + Entertainment District With The Skyline Changing CANVAS

October 9, 2017

PROFILEmiami had the exclusive opportunity to sit down with Ron Gottesmann and Nir Shoshani, founders of NR Investments and the masterminds behind CANVAS as well as Miami's new, burgeoning Arts + Entertainment District.

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In Edgewater, Features, News, PROFILE Exclusive, Arts + Entertainment Dist, Downtown Tags PROFILE Exclusive, CANVAS, Arts + Entertainment District, Edgewater, Nir Shoshani, Ron Gottesmann, NR Investments, Features, Featured, Arts + Entertainment Distr, Downtown
G&G Business Development Announces Aston Martin Residences to Break Ground October 18

G&G Business Development Announces Aston Martin Residences to Break Ground October 18

October 9, 2017

Aston Martin Residences at 300 Biscayne Boulevard Way, under development by G&G Business Development, has announced that they will break ground on October 18, 2017. The news follows last month's announcement that G&G Business Development had filed a Notice of Commencement with Miami-Dade County.

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In Downtown, Construction Update, News Tags Downtown, News, Construction Update, Aston Martin Residences, Aston Martin, Aston Martin Tower, Biscayne Boulevard, G&G Business Development, Revuelta Architecture, BMA Architecture, Featured
Construction on Mixed-Use River Landing Shops and Residences To Begin By End-Of-Year

Construction on Mixed-Use River Landing Shops and Residences To Begin By End-Of-Year

October 8, 2017

Construction on River Landing Shops and Residences is set to begin by the end of the year (2017) in Miami's Health District. Foundation work began earlier this year at the 8.14-acre site on the Miami River located at 1400 NW River Drive.

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In Little Havana, News, Construction Update, Retail Tags News, Little Havana, Miami River, Health District, Construction Update, River Landing Development, River Landing Shops and Residences, Commercial, Retail
Okan Group Proposes The Sterling, A Mixed-Use, Behar Font-Designed Downtown Hotel Tower

Okan Group Proposes The Sterling, A Mixed-Use, Behar Font-Designed Downtown Hotel Tower

October 6, 2017

Turkish developer Okan Group has proposed a 73-story hotel project inspired by a tulip in Downtown Miami. The project is being dubbed The Sterling (although renderings show Okan Tower) and is located at 555 N. Miami Avenue.

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In Downtown, Hotels, News, Office Space Tags News, New Construction, Pre-Construction, Okan Group, Behar & Font, The Sterling, Okan Tower, Downtown, Commercial, Hotel, Office Space
Two Roads Development Locks Down $16.5 Million in Financing for Elysee Miami

Two Roads Development Locks Down $16.5 Million in Financing for Elysee Miami

October 5, 2017

Two Roads Development has secured $16.5 million in initial construction draw from Mosaic Real Estate Credit, LLC. (MREC) for the development of Elysee Miami after announcing they would break ground this fall (2017).

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In Edgewater, Finance & Banking, News Tags News, Elysee, Two Roads Development, Cervera Real Estate, Edgewater, Mosaic Real Estate Credit, Finance, Financing, New Construction, Pre-Construction
CitizenM Hotels Continues Splash in Miami, Buys Perricone's Marketplace Site in Brickell

CitizenM Hotels Continues Splash in Miami, Buys Perricone's Marketplace Site in Brickell

October 4, 2017

Last week we reported that Crescent Heights is aiming to bring a CitizenM Hotel to 1212 Lincoln Road on Miami Beach. CitizenM continues to make a splash in Miami as they have purchased the Perricone's site via the entity CitizenM Miami Brickell Properties at 15 SE 10th St next to Allen Morris Park for $16.18 million.

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In Hotels, Brickell, News Tags Hotel, Citizen M, News, Commercial, Brickell, Perricone's
South Beach's First Food Hall Concept, Time Out Market Miami, Is Revealed

South Beach's First Food Hall Concept, Time Out Market Miami, Is Revealed

October 3, 2017

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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In Miami Beach, News, Restaurants, South Beach Tags South Beach, Restaurants, Commercial, News, New Construction, Miami Beach
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Two Roads Development Reaches and Funds Settlement With Biscayne 21 Owners, Clearing Path Forward for Future Development 1.webp
September 1, 2026
Two Roads Development Reaches and Funds Settlement With Biscayne 21 Owners, Clearing Path Forward for Edition Residences, Miami Edgewater
September 1, 2026

Two Roads Development, a South Florida-based real estate development firm, has reached and fully funded a settlement resolving the remaining litigation related to the Biscayne 21 condominium property at 2121 North Bayshore Drive. The agreement with the remaining owners concludes multi-year legal proceedings, demonstrating the firm's commitment, financial strength and capacity to overcome complex challenges to protect its assets.

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September 1, 2026
Former Site of Al Capone's Historic Palm Island Estate Sells For $21 Million 3.png
August 31, 2026
Former Site of Al Capone's Historic Palm Island Estate Sells For $21 Million
August 31, 2026

The former site of Al Capone’s longtime Miami Beach estate has traded for $21 million, marking the latest chapter for one of the city’s most historically recognizable residential properties. Located at 93 Palm Avenue on Palm Island, the now-vacant waterfront property features 100 feet of frontage on Biscayne Bay. The site was previously home to the sprawling estate once owned by the notorious Prohibition-era crime boss before the residence was demolished in 2023.

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August 31, 2026
Private Island in the Florida Keys With Helipad and Solar Power Lists For $16 Million 9.jpg
August 26, 2026
Private Island in the Florida Keys With Helipad and Solar Power Lists For $16 Million
August 26, 2026

Positioned just off the coast of Marathon, East Sister Rock Island is a rare private sanctuary wrapped in vibrant turquoise waters—accessible by boat or via a private, on-island helipad has hit the market for $16 million. A once in a generation opportunity to own a legacy property, the island spans approximately 6.5 total acres—including 5.8 acres of private surrounding seabed– offering an extraordinary aquatic playground.

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August 26, 2026
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