Tag Archives: Surfside real estate

Kushner Proposes Residential Development at 9300 Collins Avenue

Kushner Companies Unveils Plans for an Exclusive Luxury Development in Surfside Miami

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Kushner Proposes Residential Development at 9300 Collins Avenue

Kushner Companies, a prominent New York-based investment firm, is poised to make a strategic expansion in the high-end real estate market with its latest acquisition: a 2.23-acre property in Surfside, purchased for $40 million.

The firm’s plan to develop a luxury housing complex at this prime location is an ambitious project. The proposed 140,637-square-foot apartment building, rising three stories above grade, will offer 87 high-end units. These units, ranging from 1,128 to 2,284 square feet, will provide a mix of one to three-bedroom floorplans, catering to a diverse range of upscale clients.

A key aspect of this development is the integration of a historic building into the modern design, adding a unique appeal to the property. The project will feature over 7,000 square feet of indoor amenities on the ground floor, a rooftop pool deck, and a bespoke 700-square-foot synagogue, enhancing its attractiveness to potential buyers.

Furthermore, the plan includes 194 underground parking spots, addressing a crucial need in the urban landscape. The architectural design, led by Jo Palma & Partners, promises a blend of luxury and functionality, with conceptual renderings showcasing a low-rise building with a swimming pool. The preservation of a 2,250-square-foot historic building, dating back to the 1940s, adds to the project’s exclusivity.

Located at 9300 Collins Avenue, Surfside, Florida, 33154, in Miami-Dade County, this project is not only in a sought-after location but also represents a turnaround story. Previously a distressed development under Eden Surfside LLC, with unfulfilled plans for a townhome and hotel development, Kushner Companies is now revitalizing the site, presenting a potentially high-return investment opportunity.

The Surfside’s Planning and Zoning Board’s upcoming consideration of the proposal on November 30 marks a critical juncture. This project offers a chance to invest in a property with a combination of luxury, historical significance, and strategic location, promising substantial returns in the upscale real estate market.

Surfside Development Announced

New Boutique Development Proposed at Champlain Tower South Site by DAMAC Properties

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Surfside Development Announced

Plans for a beachfront luxury condo complex by Zaha Hadid Architects were submitted by the Dubai developer who purchased the Surfside site last summer.

After the collapse of Champlain Tower South in 2021, the property was listed for sale. Damac purchased the property for $120 million in 2022.

According to a corporate news release, Hussain Sajwani-led Damac Properties plans to erect a 2 tower (each with 12-stories) boutique buildings with 57 units on the 1.8-acre site at 8777 Collins Avenue. Renderings for the property show a 100 foot rooftop glass-bottomed pool that will connect the two towers.

Two significantly different building designs were produced by the late Pritzker Prize-winning architect’s company, reflecting two slightly different interpretations of the Surfside town code. According to renderings, one of the ideas is set back on the project’s south side. The second plan shows a structure without a stepped-back façade.

The statement mentions unit sizes ranging from 4,000 to 15,000 square feet. The amenities will feature a rooftop pool with an indoor exercise pool. It was initially intended to be a Cavalli-branded structure. Damac is currently seeking other brands to collaborate with on this new project.

DAMAC Announces New Boutique Development
DAMAC Properties Reveals New Development
9165 Collins Avenue New Development in Surfside

Fort Partners Purchase Land in Surfside to Build 14-Story Condo

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9165 Collins Avenue New Development in Surfside

A subsidiary of Fort Partners, which constructed the opulent Four Seasons Residences at the Surf Club in Surfside, spent $41.5 million for an oceanfront plot of land in the community where a new condominium will be constructed.

9165 Surfside LLC, acting on behalf of Wexford Real Estate Investors of West Palm Beach, sold the 0.54-acre site at 9163 to 9165 Collins Ave. to Hillcrest Land LLC, acting on behalf of Fort Lauderdale of Fort Lauderdale. 9165 Collins Ave Lender 1 LLC provided the buyer with a $50 million mortgage.

The Hillcrest by the Sea co-op building, which was constructed in 1949, is still located on the land, which is close to the north of the Surf Club. A premium apartment will be built in the place of that 24-unit structure.

The land will be redeveloped with a 14-story condo in 10 levels and 32 spaces in an underground parking garage, according to plans approved by town officials in 2022. Condos would be very big, with 10,000 to 12,500 square feet of space.

The proposal was created by Hollywood firm ODP Architecture.

This continues the pattern of older co-op and condo buildings along South Florida’s coast being purchased and renovated into luxury condos to accommodate the inflow of affluent out-of-state residents.

Just south of Collins Avenue, Fort Partners plans to build another condominium.

Surf Row Residences Surfside

New Renderings Revealed for Surf Row Residences in Surfside

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Surf Row Residences Surfside

In June 2022, Linéaire Group revealed plans for an 8-unit development known as Surf Row Residences. The collection located in the Surfside neighborhood of Miami aspires to usher in the next phase of urban beach life and is inspired by Surfside’s rich legacy and natural beauty.

Designed by award-winning firm Rene Gonzalez Architects (RGA), the development offers refined interiors, the utmost privacy, and unparalleled indoor-outdoor living adjacent to the beach. Only a few residences have been released and sales are currently by invitation only.

Through the careful use of skylights, layered glass, and double-height ceilings, each villa emphasizes the indoor-outdoor link. Three to five-bedroom residences with 3,500 to 5,600 square feet of internal space are available. Each residence will feature almost 2,000 square feet of private outdoor living space, including a rooftop with a plunge pool, a summer kitchen, and a large gazebo. Each property will also include a private garage and a front yard that is enclosed. Prices start at around $5.9 million for a luxury unit.

Residence Features

  • European kitchen with custom-designed wood cabinetry, imported marble countertops, and professional-grade appliances 
  • Large format coral stone flooring with natural wood inlay designs 
  • Floating staircases made with cantilevered solid wood slabs & glass panel railings 
  • Spa-inspired master bathroom furnished with a luxurious rain shower, oversized freestanding tub, and finished with imported fluted marble walls 
  • Skylights flood the interior with natural light via a central light shaft spanning all levels
  • Rooftop with summer kitchen and plunge pool 
  • Two-car indoor garages, plus one open-air parking space 
  • Latest smart home automation by Savant 
  • Top-of-the-line security system with exterior surveillance cameras
  • Private elevator 
  • Service/laundry room Upgrades
  • Kosher kitchen
  • Elevator lift for additional parking 
  • Interior surveillance package

The 0.65-acre development property is located between Collins Avenue and Harding Avenue on 88th Street’s northern frontage. The property was purchased from the previous owner for $7.3 million by an associate of Lineaire Group in August 2021.

The project is slated to break ground in Q2 of 2023 with completion scheduled for Q4 of 2024. If you or someone you know have an interest in purchasing at Surf Row Residences, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Interior Rendering at Surf Row Residences

Gisele Bündchen Buys Southwest Ranches Estate

Supermodel Gisele Bündchen Purchases Surfside Home for $1.25 Million

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Gisele Bündchen Buy Surfside Property

On February 28, supermodel Gisele Bündchen paid $1.25 million for a modest three-bedroom, three-bathroom home in Surfside, a community between Bal Harbour and Miami Beach.

Although Bündchen formally filed for divorce from her famous quarterback husband Tom Brady on October 28, she may have been preparing for the separation.

This residence appears to be smaller among those Bündchen formerly occupied with her soon-to-be ex-husband, at only 1,540 square feet. It is still unclear whether she plans to remodel the interior of the home.

The Art Deco-style cottage, which is only a few blocks from the beach, has white walls and hardwood flooring in all of its common areas. Stainless steel appliances, white cabinets, and a marble waterfall island are all featured in an open-concept kitchen that flows into the living room with ample space for entertainment and comfort.

Two large windows line the modest primary bedroom. The main bathroom has white brick walls and farmhouse-style hardware in a rich gold color, as well as a glass-enclosed stand-alone shower. The little backyard is home to a grassy lawn and a small tiered patio.

The Brazilian beauty and 23-year NFL veteran had been married for 13 years and had two kids together. Tom Brady also has a son from his past relationship with actress Bridget Moynahan.

The former power couple has owned several properties together, including a 14,000-square-foot Brentwood home and their latest mansion still in construction on the ultra-exclusive Indian Creek Island in Miami, which counts Enrique Iglesias and Jared and Ivanka Kushner as residents.

Multiplan New Construction Tower

Plans for a 12 Story Tower in Surfside was Filed

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New Construction Tower in Surfside

This week, developer Multiplan of South Florida filed plans for a 12 story tower that will be located in Surfside.

The architect is listed as Arquitectonica with R Palace Surfside LLC as an additional development entity. The project is proposed to have 27 residential units with 71 parking spaces. There will also be a small number of 2 bedroom floor plans but will mostly consist of 4 bedroom layouts.

Proposed Amenities:

  • Rooftop pool
  • Steam room
  • Sauna
  • Fitness

R Palace Surfside LLC is managed by Vivian Diamond. Owner of Multiplan is José Isaac Peres who is responsible for 57 Ocean as well as multiple other projects in Rio de Janeiro.

On the current site at 9309 & 9317 Collins Avenue in Surfside is the Regent Palace condos. In June, the 34 unit condo building was deemed unsafe after a comprehensive engineering report that flagged the property as uninhabitable.

This building is 70 years old and required a number of updates as well as structural issues. The developer has already purchased 32 of the 34 units at the Regent Palace and terminated the land lease on the property.

New Tower in Surfside Miami
Multiplan New Construction Tower
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.