Tag Archives: four seasons

Four Seaons Private Residences Coconut Grove

Four Seasons Private Residences Coconut Grove Construction Update

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Four Seaons Private Residences Coconut Grove

The highly anticipated Four Seasons Private Residences Coconut Grove is making significant strides towards becoming a new landmark in Miami’s luxury real estate scene. The developers, CMC Group and Fort Partners, recently finalized a deal to connect the upcoming 20-story tower to Miami-Dade’s water and sewer system, a crucial step in the project’s progression.

The construction permit application for this new addition to Coconut Grove’s skyline was submitted in December and is currently under review. Once completed, this will be the first standalone Four Seasons residences in Florida, marking a significant milestone for the brand in the state.

In a notable move, the developers launched sales for the 70 residential units in April, bypassing the traditional reservation stage. The response was immediate and enthusiastic, with buyers going straight to contract, underscoring the strong demand for these exclusive properties.

The residences will offer a range of options from two- to four-bedroom units, with sizes reaching up to 3,980 square feet. For those seeking even more space and luxury, four penthouse residences are available, ranging from nearly 6,430 to a sprawling 9,690 square feet. Each unit will feature private elevators and 11-foot ceilings, providing an unparalleled sense of space and privacy.

The design of the Four Seasons Private Residences Coconut Grove is in expert hands. Renowned Florentine designer Michele Bönan is overseeing the interior design, ensuring a sophisticated and timeless aesthetic. The architectural vision is led by Miami-based architect Luis Revuelta, known for his innovative and elegant designs.

As this project moves closer to realization, it promises to set a new standard for luxury living in Miami. With its prime location, world-class design team, and the prestigious Four Seasons name, these residences are poised to become a sought-after address in Coconut Grove.

For potential buyers and investors, the opportunity to own a piece of this exclusive property is both a lifestyle and an investment opportunity. Stay tuned for more updates as this exciting project continues to take shape.

Four Seasons Residences Miami

Unveiling the Four Seasons Private Residences Coconut Grove: A New Era of Luxury Living in Miami

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Four Seasons Residences Miami

In a landmark collaboration that underscores the future of luxury residential living, CMC Group, led by visionary developer Ugo Colombo, and Fort Partners, spearheaded by CEO Nadim Ashi, have joined forces with the prestigious Four Seasons brand to launch the Four Seasons Private Residences Coconut Grove. This project marks a significant milestone as it introduces the first standalone Four Seasons residential development in Florida, setting a new benchmark for luxury in one of Miami’s most historic neighborhoods.

The alliance of CMC Group and Fort Partners with Four Seasons is not just a partnership but a convergence of philosophies centered around excellence and visionary foresight in luxury real estate. With each entity bringing a unique strength to the table, this project promises to redefine luxury living in Coconut Grove and beyond.

Renowned Florentine designer Michele Bönan is at the forefront of the interior design, bringing his celebrated aesthetic that merges classic elegance with modern luxury. Complementing Bönan’s interiors, the architectural design by Miami-based Luis Revuelta is poised to make a profound impact on the skyline. His design philosophy harmonizes with Coconut Grove’s lush landscapes, featuring a building façade that curves softly, integrating seamlessly with the surrounding environment while offering breathtaking ocean views of Biscayne Bay.

The Four Seasons Private Residences Coconut Grove will stand 20 stories tall, offering 70 luxurious residences ranging from two to four bedrooms and up to 3,980 square feet. The development will also feature four expansive penthouses, with sizes from nearly 6,430 to 9,690 square feet, setting a new standard for opulence.

Michele Bönan’s design philosophy brings a sense of cohesion between the lush outdoor environment and the elegant interiors. Inspired by the rhythmic beauty of the ocean and the natural charm of Miami, his designs promise a serene living experience that blends the outdoors with the indoors in a symphony of style and comfort.

Residents of Four Seasons Private Residences Coconut Grove will enjoy an array of amenities that include a state-of-the-art gym, a luxurious spa, and a sprawling pool deck. True to the Four Seasons promise, the residence will offer comprehensive services such as a dedicated Director of Residences, concierge, in-residence dining, and personalized housekeeping.

The collaboration signals a promising horizon for real estate and hospitality development. With projects under the Four Seasons flag planned across the United States and Europe, this venture is just the beginning of a new chapter in luxury living. The Four Seasons Private Residences Coconut Grove is not just a place to live; it is a lifestyle, an experience, and a promise of living like no other.

Situated in a neighborhood known for its vibrant culture and exceptional quality of life, the residences promise a community-centric lifestyle enhanced by proximity to top-tier schools, quaint boutiques, and gourmet restaurants. The Four Seasons Private Residences Coconut Grove are set to become a cornerstone of the community, offering a lifestyle that is both luxurious and integrated with the spirit of Coconut Grove.

Four Seasons Residences in Miami
Four Seasons Miami Lobby with Beach Few
Four Seasons Residences Miami Lounge
Four Seasons Residences and The Surf Club

Penthouse at Four Seasons Residences in Surfside Sold for 40% More Than the Last Sell Price

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Four Seasons Residences and The Surf Club

A penthouse at the Four Seasons Residences at The Surf Club recently sold for $29.4 million, nearly 40% more than it did just four years prior.

Keyla Holdings LLC sold the penthouse in the south tower at 9001 Collins Avenue in Surfside to EH 2022 LLC. Josh N. Bennett, a real estate lawyer in Fort Lauderdale, is in charge of running Keyla Holdings, while Ackerman, Pachman, Brown & Goldstein LLP, a law firm in East Hampton, is in charge of running EH 2022.

The buyers and sellers for this transaction are still unknown. According to documents, the buyer financed the off-market acquisition with a $20 million mortgage from JPMorgan Chase.

At about $29.4 million the unit equates to $5,180 price per square foot. The sale was mediated by Ximena Penuela of Fort Partners, a developer.

The five-bedroom, eight-bathroom, 5,675-square-foot penthouse was previously sold for $20.8 million in 2018.

After Fort Partners finished building the Surf Club neighborhood in 2017, it attracted a lot of notables including Frank Sinatra, Winston Churchill and many more. The development includes 150 residences, a 72-room Four Seasons hotel, and a restaurant owned by Thomas Keller, the founder of French Laundry.

Actress Lynda Carter, who played Wonder Woman, is one of the current owners after spending $15 million on apartment 903 in the south tower in 2016. Thala and Tommy Mottola, the “Queen of Latin Pop” and former CEO of Sony Music Entertainment, sold their Surf Club condo a few months ago for $10 million.

Pat Riley, a former Miami Heat player, and his wife Christine most recently sold their Surf Club apartment for $22.8 million, a considerable increase from the $8.1 million they initially paid for it in 2018.

If you or someone you know have an interest in purchasing at The Surf Club, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Four Season Hotel and Residences in Brickell

Four Seasons Miami Sold for $130 Million

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Four Season Hotel and Residences in Brickell

Developer for the Four Seasons Surf Club in Surfside recently purchased the Four Seasons Miami in Brickell for $130 Million. With this purchase, Fort Partners (developer for Four Seasons) now have full control over all of the Four Season properties in South Florida.

The deal was financed through a New York company Madison Realty Capital for a $105 million loan. The full purchase price is unknown but according to the press release, the property traded for close to $130 million. This selling price equals $588,000 per room.

1425 Brickell Avenue Four Seasons Hotel and Residences

The hotel located at 1435 Brickell Avenue is a part of a 70-story tower that includes residential units, retail, parking, and a gym. The hotel was completed in 2003 and was considered then the tallest tower in Miami.

According to the Managing Principal and Co-found of Fort Partners, their plans are to renovate the hotel. They also want to ‘modernize’ the hotel rooms, lobby, and pool deck. They are also looking for additional food and beverage restaurants/bars to join the brand.

The sellers for the hotel include Westbrook Partner, a New York-based company. They purchased the property 10 years ago with a 3 part deal to eliminate debt on another Miami Property. They originally acquired the property for $40 million. Fort Partners was represented by JLL’s Jim Dockerty, Kevin Davis, and Mark Fisher.

Last year, the tourism industry stood at a pause as well as a dim future. Now, that states have opened up and are allowing travel, we are seeing more hotel transactions. In June, Pebblebrook Hotel purchased Margaritaville Hollywood Beach Resort for $270 million. Allen Morris Company, Stormont Hospitality, and Black Salmon teamed up to purchase a Miami Beach hotel for $25.5 million. TPG Real Estate Partners have also purchased 2 hotels in Edgewater for $61 million.

Pool Area and Four Seasons Hotel and Residences
Photo Credit: resortpass.com