Tag Archives: Miami Condo Sales

ORA by Casa Tua Outdoor Dining

Sales Launch for ORA By Casa Tua in Brickell

ORA by Casa Tua Outdoor Restaurant

Sales have begun for ORA by Casa Tua, the newest development of short-term rentals in Brickell, located at 1210 Brickell. The 76-story mixed-use building being built by Edgardo Defortuna’s Fortune International Group will have 540 units with 25,000 square feet devoted to four new concept eateries. The restaurants include a Mediterranean restaurant-UVA, a dining experience Fuoco, a 24 hour bakery and market-Terra, and a rooftop bar and lounge.

The ORA’s design was created by the internationally renowned and award-winning architecture firm Arquitectonica. The company drew inspiration from today’s constantly changing culture to design numerous outdoor levels at ORA that connect to nature and the environment, with the goal of allowing visitors to enjoy and experience the city of Miami from a unique angle.

The interiors of the residential and amenity areas are being designed by m2atelier, a company founded by Marco Bonelli and Marijana Radovic and renowned for its personalized approach.

Amenities:

  • Private office spaces
  • Conference rooms
  • Content production rooms
  • Bar lounges
  • Outdoor seating
  • Second Pool with sun deck, loungers, cabanas, and a jacuzzi
  • Show kitchen
  • Private event space
  • Lush green vegetation
  • Three-story open sky garden
  • Two-floor fitness and wellness facility with a harman and couples treatment rooms
  • Entertainment bar

Residence Feature:

  • Floor-to-ceiling windows
  • 10 foot ceilings
  • Italian-designed kitchen with premium appliances
  • Italian-designed bathrooms with imported fixtures
  • Smart home technology
  • Pre-wired for high-speed internet
  • Roomy walk-in closets
  • Washers and dryer
  • Views of Brickell, Biscayne Bay, and Coconut Grove

Residences at ORA will start at $800,000 and range from 500 square foot studio homes to 2,400 square foot, four bedroom fully furnished residences that will be ready for immediate listing as short-term, seasonal, or long-term rentals.

Edgardo Defortuna, the creator of Fortune International Group, is a pioneer in real estate development, financing, construction management, sales, and marketing. In addition to others, they are currently building the Nexo Residences in North Miami Beach, The Ritz-Carlton Residences in Pompano Beach, and the St. Regis Residences in Sunny Isles Beach. They most recently built The Ritz Carlton Residences Sunny Isles Beach and the renowned Jade Signature, designed by Herzog & de Mueron.

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

ORA by Casa Tua Bar and Pool Deck
ORA by Casa Tua Lobby
ORA by Casa Tua Outdoor Dining
ORA by Casa Tua Outdoor Pool Deck
Miami Dade Weekly Condo Sales September 12th-18th

Total Number of Transactions Increased for this Week’s Miami Dade Condo Sales

Miami Dade Weekly Condo Sales September 12th-18th

Over the past few weeks, we have seen a steady incline in overall condo sales including volume and number of sales. This is of no surprise with the increase of companies, execs, and people taking up residency in Miami-Dade County.

Coming in at $123 million, this week’s condo sales volume increased from $85.3 million in the week prior. The total number of sales has risen to 198 for this week, up from 128.

The average price for condo sales reached $622,000 which has actually decreased from $666,000 then the week prior.

Leading this week’s condo sales in a luxury unit at Continuum South Beach that sold for $8 million or $2,708 per square foot. This luxury property located at 100 S Pointe Dr. Unit #3507 was sold to tech entrepreneur Hari Ravichandran, who is the CEO of Jump Ventures and Aura.

Last week’s highest condo sale was lead by Lucas Lechuga (Luxe Living Realty-Miami Condo Investments) with the sale of a Setai Miami Beach condo that sold for $12.3 million.

The sale coming in second includes a luxury unit at Palazzo Della Luna on Fisher Island. The property sold for $7.5 million or $2,045 per square foot and was on the market for 324 days. Luxe Living Realty’s Dora Puig represented the seller.

Miami Condo Sales Sore for August 2021

$12.3 Million Setai Sale Leads Miami Condo Weekly Sales

Miami Condo Sales Sore for August 2021

Sales for Miami-Dade once again surged this past week with the most expensive condo sale closing at Setai Miami Beach. According to the MLS, residential sales totaled $2.7 billion for all of July 2021, reaching 67 percent higher than the previous year.

Condo sales totaled a staggering $148 million compared to last week’s $131 million. The previous week’s volume rose from 208 to a total of 226. The average condo sales price also rose from $632,000 to $640,500.

The most expensive condo sale that occurred was a luxury condo at Setai, which sold for $12.3 million. After 39 days on the market, the unit sold for close to $3,391 per square foot. Our very own, Lucas Lechuga brought in the buyer for this property.

The second-highest and fewest days on the market condo sale occurred at One Thousand Museum for $5.6 million at $1,212 per square foot. This property was on the market for 1 day.

July Sales

Residential sales rose 58% in July with 3,632 closings, which consist of mostly condominium transactions. Single-family sales increased by 15% to 1,373 and condo sales increased by 104% to 2,259 sales.

The luxury market also experienced a leap in sales rising 110% for single-family homes compared to July 2020. For luxury condo sales, an increase of 323% compared to last July.