New Development Revealed at Miami Worldcenter-600 Miami Worldcenter
Aria Development Group and Merrimac Ventures are partnering for a new construction development located at Miami Worldcenter. The project has officially been dubbed 600 Miami Worldcenter.
600 Miami Worldcenter will rise 32 stories and will feature 579 fully furnished and finished luxury residences ranging from studios to two-bedroom floor plans with no rental restrictions. The studios will start at $400,000.
The Design Agency, a renowned design firm, was selected by the developers to design the residences at 600. The architect for the project is listed as Revuelta Architecture.
Residence Features:
Floor-to-ceiling glass windows with custom window treatment
All residences feature balconies
Finished flooring on all residential interiors
Kitchens and bathrooms feature custom Italian cabinetry and counters
Top-of-the-line, separate, in-unit washers, and dryers
Fully built-out, generous closets
Tower Amenities:
Covered porte-cochère
24-Hour attended lobby
Luxer one automated parcel storage
Dedicated co-working space
Resident lounge and entertaining space
Air-conditioned resident storage
Bike storage
Summer kitchen
Rooftop swimming pool with resort seating
World-class state-of-the-art fitness center with outdoor private training area by Homage Fitness
The 600 Miami Worldcenter will be within a few blocks from the 300,000+ square foot commercial district of Miami Worldcenter, situated in the Park West neighborhood of Miami at 600 NE 1st Ave.
Penthouse Unit at Beach House 8 Sells for $16.66 Million
For $16.66 million, a penthouse at Miami Beach’s beachfront Beach House 8 condo sold to an LLC managed by Greg Raiff of Fort Lauderdale.
The 4,642-square-foot Unit PH at 3651 Collins Ave. was sold by Beach House 8 BH3 LLC, run by Ricardo Ribeiro Da Silva Junior in Miami, to ULA House 8 LLC, ran by Raiff. Private Jet Services Group’s owner, Elevate Aviation Group, based in Boston, is led by Raiff.
In 2016, the same year that the tower was completed, the unit sold for $14 million. For the sell price of $16.66 million, it equates to $3,589 per square foot.
This magnificent 2 full-floor penthouse overlooks the ocean expanding 5,000 square feet with an additional 5,000 square feet of outdoor space with 5 bedrooms and 5 bathrooms. The outdoor rooftop features a private pool with 360 degrees of ocean and Miami Beach views. Yacht-like attention to detail can be seen in the joinery in the staircase and the woodwork in the main hall.
The modern kitchen with quartz counters and high-end stainless steel appliances flow effortlessly to the living room with an abundance of natural light and high-impact floor to ceilings windows.
The master bedroom suite, which takes up an entire floor, has its own spectacular outdoor spaces as well as an opulent bathtub. A staffed beach, a residents’ pool with cabanas, indoor and outdoor lounges, an underground garage, and a fitness center are among the amenities located downstairs.
The tower was created by the renowned architectural firm Arquitectonica and features interior design by Michele Bonan from Italy. One of Miami Beach’s most upscale condos on the water, Beach House 8 features just eight units.
Groundbreaking Scheduled for Aria Reserve Miami
The groundbreaking for the long-awaited Aria Reserve in Edgewater has finally been scheduled. With the announcement of the groundbreaking also comes the announcement of sales launching for the second tower.
Aria Reserve will rise 62 stories tall reaching 627 feet, making it the tallest dual waterfront residential development in the United States. The project will feature two towers, each with 390 units and 1,608 parking spaces.
Sales for Aria began in June 2021 for South Tower and since the launch, its sales have been very successful. According to the Melo Group, over $40 million of all 12 penthouses have sold within the first 90 days of the launch. Now more than 90% of the units have sold with a total sales of over $600 million.
Construction deposits include a 30% deposit for all U.S. buyers and a 40% deposit for all international buyers. According to the developer, more U.S. buyers have purchased penthouses but overall units, the buyers have been half from Latin America and the other US buyers.
Residential units begin at $750,000. Although sold out, the penthouses started at $12 million. Units will feature 1 to 4 bedroom floorplans with 1,100 to 2,600 square feet of options. The penthouses themselves range from 3,500 to 9,000 square feet with each of them featuring a 3-car garage.
Tower Amenities:
2-acre recreation deck
Lap pool and spa
Gaming center
Playground
Tennis courts
Basketball courts
Paddle courts
Miniature golf course
Wellness center
Gym
Meditation Garden
Residence Features
Unobstructed views of Biscayne Bay and Ocean
Finished residences with two flooring options
All residences include 2 high-speed elevators
All residences include an office/media room
All residences are sunrise-sunset flow-through from East to West
3-month seasonal rentals allowed up to 4 times per year
The Aria Reserve groundbreaking ceremony is set for May 16, 2022. If you or someone you know have an interest in purchasing at Aria Reserve, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at (786)247-6332.
Revealed: The Perigon Miami Beach
Mast Capital and Starwood Capital Group have officially launched sales of The Perigon, a luxury condo development planned for an oceanfront site in Miami Beach located at 5333 Collins Avenue.
After the City of Miami declared the existing La Costa Condo tower unsafe last summer, Mast Capital bought out the remaining units in an effort to move forward with The Perigon. The City of Miami’s declaration came shortly after the collapse of the Champlain Towers South in Surfside. Mast owns approximately 88.5% of the current tower leaving 14 unowned.
In June 2021, Mast filed the development plans for the property and the official approval came in December 2021. Rem Koolhaas is named as the architect for the project while Tara Bernerd is listed as the interior designer. The design resembles a series of towers merged together allowing the residents optimal views of Biscayne Bay, Miami skyline, and the Atlantic Ocean
The development will rise 17 stories and feature 83 total units, with 10 of those units labeled as ‘guest suites,’ which will only be available to purchase by unit owners.
Units will range from 2 to 4 bedroom floor plans with 2,100 to 6,700 square foot options. Units will start at $3 million and will feature a number of luxury amenities and residence features.
Services
Residential butler
Dedicated lifestyle concierge
24-hour security and valet service
House car
On-site general manager
In-residence dining and catering from a signature on-site restaurant
Home management services from cleaning and maintenance to floral and pantry stocking (available for additional costs)
Tower Amenities
Signature oceanfront restaurant by a celebrated chef exclusive to residents
Beachside swimming pool and outdoor spa with sunbeds and cabanas
Pool and beachside food and beverage service
Direct entry to the dedicated beach, equipped with lounge chairs, umbrellas, and service
Sprawling conservatory offering daily breakfast bar
Stylish cocktail lounge and speakeasy
Dramatic double-height lobby with open lounge area
Luxury guest suites for friends and family
Sunrise lounge with catering kitchen for entertaining and events
Private spa with sauna and treatment rooms
A state-of-the-art fitness center with a high-impact training room overlooking the Atlantic Ocean
Bespoke wine room
Private salon for personalized beauty services
Screening room
Imaginative children’s playroom
Intimate garden and meditation lounge areas overlooking the Atlantic
Bicycle storage
Residence Features
Direct, private elevator entry to each residence
Gracious 10-foot ceilings with floor-to-ceiling windows
Private 10- to 12-foot-deep terraces designed to provide direct views of the Atlantic from every residence
Expansive living, dining, and entertaining area accented with linear cove lighting
Custom Italian kitchens designed by Tara Bernerd & Partners featuring honed marble countertops, backsplash, and island
Sub-Zero Wolf Appliance Suite
Primary bathrooms feature natural stone flooring and walls, custom bathtub, bespoke mirrors, and light fixtures
Walk-in wardrobes in each bedroom
The building is expected to top off in 2024 with a completion date in 2025. If you or someone you know have an interest in purchasing at The Perigon Miami Beach, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at (786)247-6332.
Sixty Sixty Condo Hotel Sold to Miami-Based Investment Group for $24 Million
In a previous foreclosure fight among owners and developers, the Sixty Sixty condo-hotel in Miami Beach has been sold for $23.5 million to a buyer who intends to repair as well as add to the waterfront development.
The 82-key condo-hotel is located at 6060 Indian Creek Drive along an inlet off of Biscayne Bay but also features views of the ocean. Integra Investments along with Sagar Desai’s Activate Hospitality sold the property to Bloom Hotels, under the umbrella of Bloom Ventures. The founder and CEO of Bloom is David Harari, who is located in Miami.
The CEO of Integra Victor Ballestas stated, “ripe market conditions created an opportunistic circumstance for the sale,” after stating he had no intention of selling the development.
The Schecher Group originally sold a majority of the units in 2020 to Integra and Activate for $15 million, then later bought the rest of the units in 2021. The company was then accused of a takeover although Schecher stated that the unit owners owed $9.4 million in homeowner association fees.
Bloom Hotels utilized Sheridan Capital to finance the property for a loan of $17.3 million. There have been talks of Bloom increasing the room count and bringing Canopy or Tapestry (Hilton brands) to assists with operations. Some plans include modernizing the property as well as adding a marina to the development.
Moishe Mana Expands Portfolio to 3 Buildings for $25.4 Million in Miami
Miami’s biggest landlord, Moishe Mana, has bought three additional buildings to add to his forever expanding portfolio. As part of his aim to convert the Downtown Miami into an innovation and cultural centre, he plans to create, Mana Common. Moishe Mana has spent much of this year investing in commercial properties as well as residential properties in Miami that he has been making a big time profit on!
Mana paid a total of $25.4 million for the three properties at 100 North Miami Avenue, 173 Northeast First Street, and 124 Northeast Second Avenue. The buildings total 50,197 square feet, and are part of Mana’s portfolio of more than 60 properties in and surrounding Downtown Miami.
According to property records, the two-story, 18,535-square-foot structure at 100 North Miami Avenue was built on 0.2 acres in 1941. According to state corporate filings, the seller Flexini Investments is led by Mario Sapoznik. The two-story, 7,200-square-foot building at 124 Northeast Second Avenue, erected in 1922 on less than 0.1 acre, is two blocks west, according to property records. On 0.3 acres, it lies next to the two-story, 24,462-square-foot structure at 173 Northeast First Street. The two buildings were sold by SG & S, which was led by Ana White.
The majority of his properties are older low- to mid-rise buildings with small businesses including clothes boutiques, pawn shops, and cafes.
Mana intends to repair or redevelop his properties to establish Mana Common, a campus-like space aimed at integrating Latin American and American digital companies. Despite the fact that Mana has started work on several of his properties after years of land acquisition, he has run across some roadblocks recently.
Mana had commissioned engineering inspections prior to beginning repairs, which revealed the buildings had “significant structural issues.” Mana Common’s representative declined to provide an update on the buildings. Some of the buildings that he has started repairs include the Nikola Tesla Innovation Hub, a fashion mall, the Flagler Studios, and another building on East Flagler Street.
Another North Bay Road Mansion Sells for $13.6 Million
Photo Credit: Robert Evangelista
North Bay Road mansions have been a hot commodity this year! In January Phill Collins sold his North Bay Road mansion for $39,250,000 and is set to be demolished by buyer Thomas Bravo. In June, Jennifer Lopez and Ben Affleck rented a waterfront mansion for $130,000 monthly. With so much activity, it’s of no surprise how quickly these Miami Beach multimillion-dollar homes sell.
Lawyer Stephen Zack and his wife, Marquerite, also sold their mansion located at 5310 North Bay Road. The couple sold the home for $13.6 million after they originally purchased the home just 3 years ago for $8.5 million. Since 2018, the home has been listed for sale with an original list amount of $21 million.
The buyer for this Miami Beach home is listed in the county records as North Bay Road Developments LLC, a company that is managed by Guillermo Osses, Francisco Perez, and Miguel Yoma.
According to public records, Osses is the Vice President of Atacama 2108 LLC and is also affiliated with 23 other companies. Yoma is the Manager for San Marino Developments. The partners financed the purchase through Terrabank for $6 million.
The magnificent waterfront estate features 8,148 square feet of living space with 6 bedrooms and 6 full and 2 half bathrooms. The Georgian-style home has been remodeled two times, remarkable mansion features a 5,000 bottle wine cellar, pool. jacuzzi, and expansive home theater.
Stephan Zack is a trial attorney and partner at Bois Schiller Flexner LLP. He was also the lead attorney for former Vice President Al Gore in the Florida recount litigation that took place in 2000. During that time, he was an expert witness for voting accuracy. He is also a past president of the Florida Bar Association as well as the American Bar Association.
The Zacks also have a luxury unit located on the 54th floor of the Four Seasons Residences, which they purchased in July for $8.1 million.
Photo Credit: Robert EvangelistaPhoto Credit: Robert EvangelistaPhoto Credit: Robert Evangelista
Joe Jonas and Sophie Turner Make a Move to Miami with a Purchase of an $11 Million Waterfront Mansion
Joe Jonas and his wife Sophie Turner are the newest celebrity couple that has made the move to Miami along with countless others.
Their recent purchase of a waterfront property located at 4400 Island Road in the Bay Point Community, sits directly on a channel leading to Biscayne Bay. The couple paid $11 million for the 6 bedrooms, 8.5 bathroom estate.
This unique property was inspired by Frank Lloyd Wright, an American architect who has designed over 1,000 structures over his 70-year career. This specific estate was designed with harmonic accents while incorporating outdoor aesthetics. The Island Road mansion utilizes indoor gardens, a koi pond, and a grand salon with 30-foot ceilings to create a tranquil ambiance.
Over the years, this home was renovated with no expenses spared in the designs. Walking through, you’ll find Calcutta baths, Ornare closets, a sauna, gym, and steam room. Other features include a climate-controlled wine cellar and gorgeous cherry hardwood floors. The home also features a 10-foot pool, 94 feet of water frontage, and a boat dock.
The home was previously owned by Cuban-American musician Willy Chirino. Chirino is a Miami native and began his artistic career in Miami, releasing his first album in 1974. Since then, he has recorded over 20 albums and was nominated for multiple awards in 2007 at the Latin Grammy Awards. Chirino sold the home in 2014 for $4.2 million.
According to county records, the current sellers are Luis Arguello Jr. and Sylvia Chamorro. Arguello is the chairperson and CEO of DemeTech, a Miami-based maker of surgical sutures, mesh, and bone wax.
Joe Jonas is known as an American singer-songwriter and boy band member of the Jonas Brothers who debuted in 2006. Their band split in 2014. In more recent years, Joe has reunited with the Jonas Brothers and has created songs that we all know and love, including What a Man Gotta Do, Cake by the Ocean, and Sucker. Joe married Sophie Turner in March 2021.
If you’ve watched Game of Thrones, you know that Joe’s wife, Sophie Turner doesn’t need an introduction. From 2011 to 2014, she played the very difficult role of Sansa Stark. Game of Thrones was her first television role at the age of 14. Her career also placed her in other movies including X-Men, Barely Lethal, and The Prince. She has also modeled for Louis Vuitton and Gucci.
The couple listed their Enchino, California mansion in June for $16.8 million. Their home is still on the market.
This Bay Point community has seen a lot of activity in recent months with a former Goldman Sachs exec purchasing a waterfront mansion for $11.3 million and a record sale of $17.4 million in May 2021.
Photo Credit:Dina Goldentayer
Former Linebacker for the Miami Dolphins Sells Miami Beach Home for $6.25 Million
Photo Credit: Julian Cohen
Orlandus Andre Branch III is a former outside linebacker for the Miami Dolphins, who played from 2016 until his retirement in 2019. Branch recently sold his mansion for $6.25 million after purchases in 2019 for $2.8 million. What an investment!
Located just a couple blocks from Biscayne Bay in the Nautilus neighborhood at 4535 Nautilus Court in Miami Beach. The modern mansion features 6,000 square feet of professionally designed living space.
The 6 bedroom, 6.5 bathroom new construction home features European oak and marble floors throughout and high-end kitchen appliances. The home is completely finished with a steam room, media area, and tall ceilings throughout.
Photo Credit: Julian Cohen
The exterior is perfect for entertaining with an expansive backyard with lush Florida landscaping featuring an outdoor kitchen, oversized terraces, pool, and jacuzzi. The mansion is perfectly located near South Beach, Bal Harbour, and the Design District.
According to Miami-Dade tax records, the home closed on September 3rd, to buyers Bryant M. Yunker Jr. and wife Nancy. Bryant is a retired Wall Street Broker. The Yunker’s also own Sway Lounge, located in Naples, Florida.
This property is the highest-priced sale for a non-waterfront home in the Nautilus neighborhood. This record-breaking sale is just one of the many that have occurred in Miami in 2021.
In July, a waterfront mansion sold as the highest-priced home sale ever in all of Miami-Dade. Bay Harbor Islands also had a record-breaking sale of $12.75 million on a recent waterfront home, making it the highest-priced sale in all of Bay Harbor. Our very own, Lucas Lechuga, also sold one of the highest-priced condo sales for the month of August 2021 at Setai South Beach for $12.3 million.
Bentley Residences Unveils New Renderings and More
Bentley…the name alone is enough to make you think of exclusivity, luxury, and performance. Mix that in with high-end luxury development and you have a world-class residential tower that offers more than a living space, but an experience.
Bentley Motors has partnered with Dezer Development to bring residents the very best of the iconic brand by incorporating everything that a 5-star hotel has to offer without the continuing cycle of guests.
Dezer and architect Sieger Saurez spent several months perfecting the exterior diamond-shaped design. Dezer adds, “When we developed plans for the Bentley, we immediately thought of the triangular windows… It’s going to be a diamond that they can see all the way from Cuba when the sun hits on it. It’s going to be amazing. ” He adds, “we’re going to have a hard time outdoing ourselves.” Just from the renderings, we couldn’t agree more!
On September 14th, Dezer met with the City Commission to consider expanding the original site plan as well as reviewing additional transfer of development requests. The expansion would increase the square footage of the building to 616,185 square feet rising 62 stories (instead of the original 60). Two hundred and sixteen condos would along with 821 parking spaces are anticipated.
The most unique concept of Bentley Residences will be the car elevators that lift your car to your condo (very similar to the Porsche Design Tower) or as Dezer refers to it “Dezervator.”
Bentley Development Information
Location: 18401 Collins Avenue
Developer: Dezer Development (Gil Dezer
Architect: Sieger Suarez Architects
Building Amenities:
State-of-the-art fitness center
2 pools with cabanas
Spa
2 Restaurants
Whiskey bar
Cigar lounge
Cinema
Landscaped gardens
Dezervator car elevator
Kid’s lounge
Residence Features:
Seamless indoor-outdoor living floorplans
In-unit multi-car garage with a car elevator directly to each residence
Private balcony, pool, sauna, and outdoor shower
Floor-to-ceiling windows with ocean and bay views
Florida Green Building Council (FLGC) certification
Construction on Bentley Residences will begin in 2023 with an unveiling in 2026. “These buildings are complicated; they take time,” says Charles M. Sieger, President of Sieger Suarez Architects. “It’s not like working on a single-unit family house. They’re very technical and, at the same time, very artistic. You need some experience doing these things. We worked with Bentley to pick up their esthetic, the way they do their stitching, and diamond-shaped signature visual items,” Sieger adds. With more photos and information being released, we can’t wait to see what else Bentley has in store!
