Mar 03 No Comments

10 Ultra-Luxury Condos for Sale in Miami Beach from 5 to 10 Million in 2021

Author: Ivan & Mike

3315 COLLINS AVE #9C, MIAMI BEACH, FL 33140

Miami Beach, comprised of North Beach, Mid Beach and South Beach, is the top location for those looking for a property with the whole package: comfortable, luxurious, near the beach, with unmatched views of the magical Atlantic Ocean and the city’s skyline, and with supreme amenities that offer a great entertainment experience. Reuniting these requirements, Miami Beach has become a sought-after neighborhood for buying and renting a privileged unit in one of the many luxury condo towers that adorn the transited bayfront strip.

Each condominium high-rise has its own singular characteristics that make it unique, besides an advantaged location, just a few feet from one of the most famous beaches in the world. Likewise, the amenities of each development play an important part when it comes to deciding on buying a home, so each developer has to put a big effort to offer exactly what the residents and potential buyers want and need for their homes to experience the Miami Beach lush lifestyle.

In this selection, we disclose the list of ten of the most attractive and thorough ultra-luxury units for sale in condo developments in Miami Beach, considering several aspects such as budget, locality, features, and amenities in the residences and condominium buildings. This is the definitive list of the best luxury condos for sale in Miami Beach between 5 to 10 Million dollars, as of February 2021.

50 S Pointe Dr #2502, Miami Beach, Fl 33139- $10,000,000

Built in 2008 and located in the impressive Continuum South Beach Condo Tower, this 2,872 Square Feet residence is the expression of a place for those interested in finding a comfortable, luminous home, and a space to live quietly with the family. This oceanfront unit, remodeled in 2019, offers dazzling views of the water from every corner of the condo, and it features an extensive living and dining room next to the floor-to-ceiling windows with amazing French oak floors, custom furnishings and art pieces that make every room a dreamy spot to hang out and relax while watching the unpaired landscape of the lively Miami Beach.

The 4 bedrooms in this home are perfectly situated near a private balcony, making the ocean coastline, Fisher Island and the Port of Miami views the main character in the entire residence; additionally, each room includes walk-in closets and private bathrooms with bathtub which were built to give an atmosphere of calmness. On the other hand, the open kitchen is beautifully decorated and it mixes seamlessly with the dining room and living room.

In terms of amenities within the high-rise, privileged residents can enjoy two garage spaces, 24-hour security, top-choice outdoor restaurants, a fully equipped gym, 2 heated lagoon pools, 3 tennis courts, a kids’ room, a business center, and an impressive 4-story health club and spa.

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7223 Fisher Island Dr #7223, Miami Beach, Fl 33109 – $9,950,000

Built in 1992, this 5-bedroom condo located in the breathtaking Fisher Island Drive is one of the most exclusive residences with a singular tropical style. A spacious waterfront home, inspired by the modern artistry on every corner, gives the impression that entering a room is like entering a whole new world, where everything changes and it has been decorated according to the interests and tastes of each inhabitant. But this potpourri of designs and materials, which include marble floors and other neat textures, is not unpleasant but, in fact, very distinctive and attractive.

This 6,820 Square Feet corner unit offers exciting views of the ocean, Miami Beach and Government Cut, and inside the home, there is a magnificent open dining and living room with a cozy fireplace and large windows to get the exclusive views and fresh air coming from outdoors. Likewise, each bedroom has its own bathroom for a private relaxation experience and amazing walk-in closets.

On the outside, there is a fantastic wraparound terrace with a delightful seating area to enjoy a delicious breakfast watching the calming ocean. As to the amenities, some of the Fisher Island Condo units include a basketball court, boat dock, billiard room, clubhouse, fitness center, laundry, children’s playground, pool, and elevator.

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2201 Collins Ave #Uph6, Miami Beach, Fl 33139- $ 9,800,000

A pleasing sanctuary is what this condo should be called since it is a chic home that exudes refinement and mellowness in every space of the residence. Nested in the W South Beach high-rise, this 2,408 Square Feet Upper Penthouse redefines luxury living in Miami Beach, thanks to the impressive details that welcome both residents and visitors. Some of these aspects include a marvelous kitchen with top-of-the-line appliances, lush marble-tiled bathrooms, and a living room sheltered by gigantic glass windows that offer the best view of the whole building.

Moreover, the direct ocean views residents can get from each rooms’ balconies available in the house, and especially in the amazing 1,745 Square Feet rooftop terrace, are unmatched and definitely worth the price of the property. This inviting terrace fully furnished is the ultimate zone for people who cherish the indoors/outdoors effortless combination, mixed with the landscape of the beach and it includes a private pool and a fantastic BBQ grill for a cool weekend with friends.

Some amenities in the W South Beach include a luxury spa to have a rest from the hectic life in the city, a modern 2,500 Square Foot fitness center, a private beach club for owners with beach butlers for a comforting beach day, a resort pool, and room service from the best onsite restaurants.

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For Ultra-Luxury Condos for Sale in Miami Beach contact Ivan Chorney +1 (786) 863-5900 and Michael Martirena +1 (561) 310-3009

3315 Collins Ave #9c, Miami Beach, Fl 33140 -$7,995,000

A cozy bonfire on the terrace is one of the most striking features of this exclusive unit. With a contemporary design, this waterfront home is the depiction of luxury mixed with the unbelievable landscape that surrounds the 3315 Tower Condo. Fully finished interiors, bathrooms with marble floors that lead to the spectacular ocean view and the green bushes that complete the nature zone of the neighborhood are some of the greatest features of the residence, besides an outstanding terrace with a 180-degree view to the north and west sides.

In terms of amenities and benefits of these 3 bedrooms and 3 1/3 bathrooms home, the condo residents can enjoy a pool surrounded by fresh foliage and a marked path to access exclusively the ocean waters, an artsy lobby, a wonderful spa, and a state-of-the-art gym.

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1100 West Ave #TS2/3, Miami Beach, Fl 33139 – $6,995,000

The only combined Penthouse Tower suite of 4,120 Square Feet located in 1100 West Condo Ultra-modern design, with an ample surface and a vast entrance to this piece of heaven is what best describes this dazzling unit in Miami Beach. A divine open kitchen with natural light entering from the large windows that allow seeing the breathtaking Biscayne Bay and Miami Downtown is one of the most remarkable features of the condo.

Also, this home has great spots with art pieces that make it a sophisticated art gallery, which combines perfectly with exotic details like the eclectic white pillars in the living room and the glamorously decorated bathrooms with exquisite touches of elegance. There are also wide bedroom areas with distinctive decoration, including walk-in closets, and an office space.

On the outside, 1,400 Square Feet of a magnificent outdoor terrace mixes flawlessly with the phenomenal indoors, and it has picturesque furniture that can be used to throw a party with some friends, suntan, or have a meal glancing to the magical horizon since this unit has the best view in the building, wide reach to the blue ocean and the dramatic skyline of the town. As to the amenities, the building offers residents a fantastic spa, a pool, and an exclusive beach club. This condo is just minutes from the center of South Beach, downtown Miami, Miami Design District, Wynwood Arts District, Venetian Causeway, Lincoln Road, Ocean Drive, and Espanola Way, the hottest places of the city.

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400 Alton Rd #606 & 607, Miami Beach, Fl 33139 – $6,500,000

Located in illustrious Alton Road, the Murano Grande South Beach building is home to this distinctive 5- 5-bedroom condo. Recently renovated, this waterfront home with tile and wood floors has an extensive living room for full entertainment and extra space for placing a big instrument or a fun game. It also features large bedrooms with spacious closets and ethereal bathrooms with a modern bathtub, besides the beautiful open kitchen illuminated by the natural light that comes from the massive floor-to-ceiling windows.

This bayfront condo features 4 parking spots, a private elevator, a comfortable terrace fully furnished to have a morning or afternoon meditation by the sea, hearing the sounds of trees and nature. Residents and their guests are also greeted by a massive lobby and lounge, a resort-style pool and sundeck that overlooks the Port of Miami, a state-of-the-art multistory fitness center, a world-class spa, and a lighted tennis court.

For Ultra-Luxury Condos for Sale in Miami Beach contact Michael Martirena +1 (561) 310-3009 and Ivan Chorney +1 (786) 863-5900

4701 N Meridian Avenue #427, Miami Beach, Fl 33140 – $5,950,000

Nested in the Ritz-Carlton Residences in Miami Beach is this charming residence of 3,372 Square Feet designed by renowned Italian designer and architect Piero Lissoni, who made a great job amalgamating expansive living spaces with the natural and fresh atmosphere outdoors.

Modern kitchen with all the equipment to try and taste new recipes, a spacious living room to gather with the family and some friends, floor to ceiling windows, comfortable wraparound balcony with a waterfront view, elegant wooden floors, stylish bathrooms with wooden details, nice stairs to get to the 1,474 Square Feet terrace with plunge pool overlooking colored Surprise Lake, private elevator and foyer are the best features of this incredible unit.

Moreover, some of the building amenities include a rooftop pool with chic cabanas, a fitness center, spa with sauna room, a lively restaurant, a cozy lounge, and a vivid garden to hang out, a billiard room, a delightful art studio, and a tranquil marina.

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6899 Collins Ave #Uph 2907+2, Miami Beach, Fl 33141 -$ 5,500,000

Located in The Carillon North Tower in Miami Beach, this spectacular Upper Penthouse floor built in 2008 has the best view in the entire building of the Atlantic Ocean, the vibrant South Beach, famous Miami Skyline, and Downtown Miami. Comprised of 6 bedrooms and 5 ½ bathrooms (combined), this home is perfect for families looking for a private place, with awesome 360-degree views of the town and interested in giving the property a creative touch, since it is available for a stylish decoration.

12-foot-high ceilings throughout, plus floor to ceiling windows that come from every corner and allow for natural light to enter flow effortlessly, this 5,105 Square Feet home composed of two units that connect in the same floor, is ideal for getting inspiration of the alluring view and the 4 balconies, each one on a cardinal point, can help to get a sharper glance of the panorama, high impact doors, two garage spaces, a large living room, and a fully-equipped open kitchen right beside the balcony.

On the other hand, some of the condo tower amenities include a fantastic state-of-the-art spa with all the equipment needed to spend a time of serenity and renewal, such as body treatment and massage rooms, saunas, steam rooms, skincare and facial rooms, in addition to men’s and women’s locker rooms and relaxation lounges. Other cool amenities are walking and biking paths along the beach, a 60,000 square-foot fitness facility with ocean views, an ocean-front café with gourmet cuisine, a hip juice bar, and a full-service beauty salon.

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102 24th St #1440, Miami Beach, Fl 33139 -$5,195,000

An amazing view of the deep blue ocean is the first thing residents see when they wake up in this extraordinary property of 2,092 Square Feet. Located in the One Hotel & Homes South Beach, this residence offers the perfect space for a full relaxation experience every day thanks to the features of this home that includes floor to ceiling windows that bring out a huge amount of natural light, beautiful terraces to feel the calming breeze of the ocean, and elegant bathrooms that give sophistication to the whole place, besides total furnishing and equipment by interior designers Meyer Davis Studio.

This gorgeous oceanfront residence is the ideal retreat for those looking for a property that exudes elegance and refinement mixed with sustainability; a place where housekeeping and concierge services are nothing to worry about because they are included by the building management. As to the amenities of this tower, some of them are the 4 pools, especially the tempting rooftop pool with panoramic views, oceanfront Boardwalk, a striking 40,000 Square Foot Spa, valet parking, among others.

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321 Ocean Dr #502, Miami Beach, Fl 33139 -$ 5,000,000

An amazing opportunity located in legendary Ocean Drive is this wonderful residence inside the 321 Ocean condo building designed by famous architect Enrique Norten, who made a terrific job converting this 2,704 Square Feet property into a luminous and comfortable spot. Each room is surrounded by an unpaired serenity; elegant marble bathrooms and floor-to-ceiling windows in the living room are the norms that make this home a very special acquisition.

This condo also includes 10-foot ceilings, and stunning open gourmet kitchen, private elevator, wood floors, and the best part is the 2,000 Square Feet of the expansive outdoor terrace with the most memorable view of the city’s skyline and a cozy space to get a very much needed shot of Vitamin D.

As to the amenities in this urban sophistication style building, the most remarkable is a beachfront (and heated) infinity pool and gorgeous poolside tents, a private beach service, a state-of-the-art fitness center with top modern equipment, a resident lounge that features a select book collection and a plus is a privileged location with a short distance from the hottest restaurants in the neighborhood.

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Other Ultra-Luxury Condos for Sale in Miami Beach below 5 million

The above are the top 10 hand-picked Ultra-Luxury Condos for sale in Miami Beach, but the list of luxury homes doesn’t stop here. Please continue browsing to see all the high-end listings and enjoy the full image galleries:

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Incredible opportunity to own a completely renovated 3 bed/3 full bath residence on the 43rd floor with a private gallery entrance at the prestigious Portofino Tower in the world renowned South of Fifth neighborhood. Offering the pinnacle level of privacy, this residence is the only home on the 43rd floor of Portofino Tower 3.

$5,000,000

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5801 Collins Ave, 1000, Miami Beach, Florida 33140

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1,837Sqft

The Caribbean Residences honors its glitzy Art Deco hotel past with historic architecture, original terrazzo floors, and decor reminiscent of the glamour of postwar Miami Beach. Encompassing an entire beachfront block in the heart of Mid Beach, The Caribbean has since been reimagined as a luxury boutique condominium offering 5 star service and amenities.

$4,995,000

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Feb 24 No Comments

10 Ultra-Luxury Homes for Sale in Coral Gables from 5 to 10 Million in 2021

Author: Ivan & Mike

Categories: Miami Beach Real Estate

10001 Fairchild Way, Coral Gables, FL 33156

Coral Gables is the epitome of luxurious and comfortable homes that exist perfectly next to the freshness and vivacity of nature. Considered one of South Florida’s most attractive neighborhoods, Coral Gables is placed as an important location where people look for their ideal home for their families, thanks to the zone’s high security and the fresh air and calmness of living in a space that cohabits harmonically with Mother Earth. Here it is, our top choice of 10 Ultra-Luxury Homes for Sale in Coral Gables ranging from 5 million to 10 million in exclusive locations like Snapper Creek Lakes, Gables by the Sea, and Cocoplum, among others. This is the list of top homes between 5 to 10 million dollars available as of February 2021:

132 Paloma Dr, Coral Gables, FL 33143 – $8,900,000

Huge glass windows, amazing wooden touches, and modern architecture are the words that best describe this lively waterfront home in the exclusive gated community of Islands of Cocoplum. With an area of 6,338 Square Feet, this stunning property gives residents and visitors an experience of total rest from the hecticness and noise of the town, with the chance of boat getaways to meditate in the calm water.

Bedrooms feature an impressive view of the nourished foliage which is natural to the zone, high ceilings and open spaces on the inside give more amplitude to the home, fresh grass spots and a beautiful pool surrounded by a comfortable wooden deck to take a nap or a natural tan are some of the most interesting characteristics of this incredible home built for families interested in settling in a tranquil spot with unmatched security for them and their children, as well as a strategic location where schools, universities, and malls are very close to this community.

5325 Fairchild Way, Coral Gables, FL 33156 – $8,490,000

Located in Snapper Creek Lakes, this remarkable property of 9,811 Square Feet has a majestic architecture with a classic aesthetic that reminds of better and simpler times. But luxury is not out of the equation, since this gorgeous home is all about the lush and sophisticated life, giving each space both in and out an unprecedented elegance that cannot be found in many places.

This extraordinary estate with a lot of 10,137 Square Feet has a traditional design, giving every room a homemade atmosphere blended perfectly with top-quality finishes and details that make this home an ideal location to grow old. An imponent entrance that evokes the filming location of a classic movie, a captivating, covered terrace to get a starstruck view of the sky and nature, a royal garden, and a pool complete the entertaining experience of living in this memorable home in Coral Gables.

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477 Marquesa Dr, Coral Gables, Fl 33156 -$7,345,000

Located in Old Cutler Bay, this beautiful residence girded by a wide array of plants and bushes perfectly trimmed welcomes both visitors and residents to live an experience of never-ending enjoyment and entertainment. Exquisite wooden and tile floors are the main characters in the decoration and design of this waterfront home with an area of 5,974 Square Feet.

Residents can get the best out of the magnificent custom-made pool that includes a fancy cascade and an embedded living room in the middle of it, surrounded by an enviable collection of plants and palm trees that decorate the space beautifully. Moreover, the yard next to the 430 feet boat deck is ideal to enjoy a morning meditation with calming sounds of water and birds. Having a little escapade to the ocean is also a great plan to delight in the stunning panorama. There is plenty of room to live peacefully in this piece of heaven located in Coral Gables.

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For Ultra-Luxury Homes for Sale in Coral Gables contact Ivan Chorney +1 (786) 863-5900 and Michael Martirena +1 (561) 310-3009

6945 Sunrise Ter, Coral Gables, FL 33133 – $6,485,000

Adorned both in and out with a picturesque mixture of diverse styles, this admirable property is the true depiction of the perfect home for an art lover. With an extensive lot of 27,900 Square Feet in the fantastic gated community of Sunrise Harbour in Coral Gables, this home embraces its residents with arms wide open to live a life of serenity and contact with nature, where the main star is the waterfront view with direct access to the ocean and a private dock with boat lift.

The feeling of safety amidst the freedom residents can expect living in this home is one of the greatest characteristics, since full surveillance is 24/7, so residents can spend their valuable time having fun by the pool, reading a book on the peaceful terrace, contemplating the relaxing stone fireplace, cooking a delicious meal on the grill, or playing a game in the lively backyard. There is space for 3 cars, and the backyard has a charming, checkered floor that adds a touch of elegance to the outdoor part of the house.

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441 Ridge Rd, Coral Gables, FL 33143 – $6,250,000

A picturesque, classic ceiling girdled by exotic palm trees and green bushes are the first image people see when they visit this extraordinary residence of 6,365 Square Feet, located in the exclusive gated community of Cocoplum in the vivacious Coral Gables. A dreamy property with an impressive backyard ideal for children and active people; this spot is ideal for a Sunday picnic under the huge trees, or a local football game with some friends, enjoying the great weather and the fresh breeze.

Likewise, this 61,000 Square Feet lot, one of the largest in Cocoplum, has an amazing tennis court to arrange a private match, a nice pool and a gigantic garage with space for more than 4 cars. Additionally, visitors can find amazing wooden and finest marble finishes, high ceilings accompanied by elegant arches, and long impact windows that bring more air and light to every space of the house.

9321 Banyan Dr, Coral Gables, Fl 33156 – $6,000,000

In this top-choice property, residents and visitors can find high ceilings and a spacious living room that contains the home’s essence of freedom and peace. Illuminated spaces are the norm in this modern design home, including a huge floor-to-ceiling window in the dining room that offers a privileged view of the extensive greenery of the lot.

On the other hand, people can find different styles in each room -from the six there are- that can be customized for each inhabitant of the property. Other interesting amenities of this gem are a tempting pool shadowed by a group of palm trees, wooden details on each room to create a rustic atmosphere, marble bathrooms, and a kitchen outside to have a meal with the cool breeze.

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For Ultra-Luxury Homes for Sale in Coral Gables contact Michael Martirena +1 (561) 310-3009 and Ivan Chorney +1 (786) 863-5900

380 Isla Dorada Blvd, Coral Gables, FL 33143 – $5,994,000

European-like arches, a majestic spiral staircase, and glass windows all over the home are the recipe for the success of this fantastic home located in Cocoplum, one of the most respected and safest gated communities of Coral Gables. A wonderful single-family home with an area of 10,009 Square Feet inside a 26,449 Square Feet lot.

The norm in this home is long, extensive marble bathrooms with walk-in closets and fabulous touches that would make anybody believe they are, in fact, living in a Mediterranean villa in Europe. Some ceilings inside the house have elegant finishes made of wood that give a rural but refined look, not common in some homes of the zone. It also includes a warm fireplace in the living room, perfect to gather around with the family. Additionally, the pool is a spectacle to watch, besides the 45 feet dock that has direct access to the hypnotic Coral Gables Waterway.

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6300 Caballero Bl, Coral Gables, Fl 33146 – $5,500,000

This property has the word “modern” written all over: floor-to-ceiling windows, concrete roof, impact glass, and an outdoor dining room with grill and kitchen to switch things up a bit when the conditions are ideal. This spectacular estate built in 2017 in a 13,266 Square Feet lot and located on the Coral Gables Waterway, has two Impressive open terraces on the second floor, a staggering pool, and a green zone way bigger than the usual to spend a moment of relaxation.

In addition, there are high ceilings that give more space to the rooms, wide floor-to-ceiling windows that allow the breeze and the fresh air to enter the property. Moreover, the master bedroom has an exclusive view of the water and wooden touches that give the room a distinctive and elegant look.

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10001 Fairchild Way, Coral Gables, FL 33156 – $5,495,000

A magnificent entrance with nature and trees all around the estate is the first look to this breathtaking property located in the community of Snapper Creek Lakes. 6 bedrooms and 8 ½ bathrooms make this home complete, besides the movie theater for a private screening, the modern kitchen, a cozy bar inside the house to celebrate safely, as well as architectural details made of stone like antique arches columns or pillars that adorn elegantly the dining room and give the estate a whole sophistication mood.

And if this 7,468 Square Feet home is not enough, there is an outside kitchen and living room to hang out, a fun basketball court to practice some great shots; there is also a bonfire in the middle of the foliage to enjoy a cozy time with friends, and a pool with hot tub surrounded by trees, palms and exotic stones with subtle lights that illuminate the scenery and give a romantic mood at night.

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12891 Deva St, Coral Gables, FL 33156 – $5,000,000

High ceilings and wide high-impact windows to get the most out of the amazing weather in the area are the hippest components of this waterfront home built in 2001 and located in the exclusive community of Gables by the Sea. In this magical residence, there is no space nor time for boredom thanks to the array of amenities and fun activities to do every day.

A nice staircase and a huge terrace with wooden floors, a large porch to hang out swinging in a hammock getting amazing views of the water, an inviting heated lap pool, and an elegant deck right beside the boat, where getting to the Ocean or Biscayne Bay is not a problem are just a few of the interesting amenities residents and visitors can find in this charming home.

Residents will not have to imagine what it is like waking up in a room with a direct view of the dazzling sea and green vegetation because they will live this experience settling in this home. Besides, there are two garage spaces, lively fruit trees, and an elevator installed for accessibility, so there is no excuse to live the best experience in this magical 3,896 Square Feet home.

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Other Ultra-Luxury Homes for Sale in Coral Gables below 5 million

The above are the top 10 hand-picked Ultra-Luxury Homes for sale in Coral Gables, but the list of luxury homes doesn’t stop here. Please continue browsing to see all the high-end listings and enjoy the full image galleries:

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2901 Collins Ave, 1205, Miami Beach, Florida 33140

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1,450Sqft

Experience luxury living at its finest in this impeccably upgraded two bedroom residence at The Edition. Every detail of this unit has been carefully curated by Alessandro Isola: the unit features a bespoke use of high quality white leather and brushed white stained oak, seamlessly blending style and comfort.

$4,995,000

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Feb 15 No Comments

10 Ultra-Luxury Homes for Sale in Miami Beach from 5 to 10 Million in 2021

Author: Ivan & Mike

Categories: Miami Beach Real Estate

Ultra-Luxury Homes for Sale in Miami Beach: 2288 SUNSET DR, MIAMI BEACH, FL 33140

Miami Beach is a very well-sought location for people interesting in settling in the city due to its privileged position since many of the properties are dazzling waterfront homes with all the amenities included to spend the best time at home. In the past few years, Miami Beach has positioned itself as one of the top destinations to live and reside, thanks to many benefits such as nice weather and closeness to the beach, besides the proximity to top places. Here we present an exclusive selection of 10 Ultra-Luxury Homes for Sale in Miami Beach ranging from 5 million to 10 million in exclusive locations like Allison Island, Sunset Harbour, Pine Tree, among others. This is the list of top wonderful homes above between 5 to 10 million dollars available as of February 2021:

2288 Sunset Dr, Miami Beach, FL 33140 – $9,600,000

Palm trees and an unsurmountable waterfront view are the top assets this magnificent property has to offer to residents and visitors. With an area of 3,848 Square Feet, this home has some of the most spacious interiors to throw a party with family and friends, relax or just take a nap. The home, which has a modern architecture and style, is in a 14,875 Sq. Ft lot that also features 177 feet of a waterfront site to glance at the surrounding greenery. It is located in the gated community Sunset Island 3, which has a privileged position from the vibrant Sunset Harbour neighborhood.

On the other hand, this gorgeous home includes an expansive open living area with natural light everywhere, with wide glass floor-to-ceiling windows that make the property extra-luminous, a private dock for making little trips by boat to the city, a keystone terrace/patio for suntanning or meditating, an expansive backyard, and a refreshing pool.

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6535 Allison Rd, Miami Beach, FL 33141 – $9,300,000

This 5,565 Square Feet Mediterranean-style single-family home which was built in 1942 has been recently remodeled by architect Ralph Choeff. Located in Allison Island, this property is very exclusive since there are only 50 homeowners of the splendid waterfront homes in this hidden gem of Miami Beach. This wonderful, paradisiac home is located inside Indian Creek Sub, a gated community, and it has 2 floors, 6 bedrooms and 6 bathrooms, as well as a parking space, and the greatest view to the city from the pool or even a private boat.

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714 Lakeview Dr, Miami Beach, FL 33140 -$7,950,000

Built in 2007, this waterfront home located on Surprise Lake is inside a 14,410 Square Feet lot, with an impressive 4-car garage. The home’s architectural design is Mediterranean villa inspired, offering an elegant aesthetic and the perfect space to hang out indoors and outdoors thanks to the wide terraces that get the best views of the water and the city’s skyline and taking a shower or having a glass of wine by the pool or in the spacious living room.

This stunning 7,252 Square Feet home has it all: 70 feet of waterfront with incredible open water views, 12-foot ceilings, arched windows, doorways and terraces, a tranquil courtyard to meditate or work out privately, as well as a great kitchen with delightful details, a sensational wine cellar and an entertainment bar that go well with the best gatherings.

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For Ultra-Luxury Homes for Sale in Miami Beach contact Michael Martirena +1 (561) 310-3009 and Ivan Chorney +1 (786) 863-5900

3172 N Bay Rd, Miami Beach, FL 33140 – $6,900,000

Developed with a contemporary design in mind, this sumptuous waterfront single-family home of 3,249 Square Feet is the ideal depiction of luxury mixed with nature, including a private large dock with 100 feet of waterfront, surrounded by the healthy green foliage, trademark of the zone.

This stunning home, located on exclusive North Bay Road, one of the wealthiest communities in South Florida displaying stunning mansions and magnificent estate homes, and one of the most wanted places for people interested in living the lush life in Miami Beach, has a beautiful curve-shaped pool to soak up when the temperature is high, a spacious and luminous living room to enjoy quality time with the family.

94 S Hibiscus Dr, Miami Beach, FL 33139 – $6,490,000

This 4,575 Square Feet home located on the secure gated community of Hibiscus Island steals the show due to the wonderful panoramic views to the water and to the city, as well as the impressive work on the interiors, where bedrooms, bathrooms, living room and the kitchen are comfortable; open spaces that match perfectly with the fresh environment of Miami Beach.

A wide pool surrounded by breathtaking greenery with a direct view of the open bay is one of the greatest amenities of this property, which includes 7 bedrooms and 4 ½ bathrooms. This waterfront home was renovated recently, and it shows thanks to the modern finishes in every space of the house, both in and out, besides the 60 feet water frontage that brings the refreshing breeze that comes from the ocean. On the other hand, Hibiscus Island offers its residents additional amenities to get the best experience at home.

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2914 Alton Rd, Miami Beach, FL 33140 – $6,410,000

With a classic European villa aesthetic, this home is an attractive option for people looking for a permanent location in Miami Beach. It has a privileged position where the city’s luminous skyline is visible from there. The home’s area is 3,995 Square Feet, ideal for wide spaces on the inside, especially in the comfortable living room, which has a great view of the inviting pool. There are hypnotizing wooden finishes all over the house, offering a picturesque style of the property, making it stand out from other homes of the area.

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For Ultra-Luxury Homes for Sale in Miami Beach contact Ivan Chorney +1 (786) 863-5900 and Michael Martirena +1 (561) 310-3009

2499 N Meridian Ave, Miami Beach, FL 33140 – $5,950,000

This two-floor ultra-modern home built on a 10,400 Square Feet lot will be one of the main attractions of the Mid Golf Sub area. The contemporary artwork of 5,151 Square Feet will be finished and delivered in 2022 and it will include elegant finishes indoors and outdoors, featuring a spectacular full-view terrace with glass walls, and some spaces decorated with dramatic climbing plants, giving the whole construction a distinctive style. Other interesting characteristics of this amazing home are the 11 feet high ceilings, a luminous master bedroom with incredible luminosity due to the floor-to-ceiling windows, elegant marble baths, a 45-foot unique heated saltwater pool, surrounded by not one but two dazzling fireplaces, and a surprising rooftop terrace where residents can arrive through the elevator to enjoy the best panoramic views and sunsets Mother Nature can offer.

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5661 Pine Tree Dr, Miami Beach, FL 33140 – $5,600,000

Located in the legendary Pine Tree Drive, this home has an imponent entrance, distinctive of magnificent European and Mediterranean Villas. This staggering estate has an area of 3,194 Square Feet and it was built in 1934, with a total of 13,623 Square Feet lot, 78 feet which are waterfront to Indian Creek, offering a mesmerizing view to Miami’s skyline.

On the inside, this house is a whole new world thanks to an eclectic and artistic style in each room. Some of the finishes include tile mosaics, beautiful stone & woodwork, marble fireplace, archways & unique custom murals signed, making this property a masterpiece on its own, and a sought-after site for art lovers.

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222 S Coconut Ln, Miami Beach, FL 33139 – $5,450,000

Located on Palm Island, between South Beach and Downtown Miami in a community with gated security, this waterfront home is the perfect opportunity for families looking for a complete property in terms of amenities, space and surroundings. This 5-bedroom, 1-office, and 3 ½-bathroom single-family home of 3,686 Square Feet features 50 feet of water frontage with direct ocean access and the hypnotic skyline view, especially at night, with the flashing lights of the buildings.

Its entrance resemblances a villa, mixing luxury with nature; it also features a refreshing pool surrounded by diverse foliage only Miami Beach can grow, a private dock, and high ceilings, accompanied by a cozy fireplace.

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770 S Shore Dr, Miami Beach, FL 33141 -$5,200,000

Nestled in the unperturbed nature that is part of the gated community of Normandy Isle, there is a single-family home with an area of 5,043 Square Feet that stands out thanks to its contemporary architecture, amalgamating perfectly with the greenery that surrounds the property. High ceilings and wide glass windows bring the natural light to every space in the house, so residents can get the best of both worlds in this home: luxury and a natural environment.

Likewise, the effortless transition from indoors to outdoors is one of the most attractive features of this home, including the fact that it has a waterfront location, where the backyard with a large pool and a nice deck amalgamates with a sitting area and 60 feet of water frontage that has direct access to the open bay.

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Other Ultra-Luxury Homes for Sale in Miami Beach below 5 million

The above are the top 10 hand-picked Ultra-Luxury Homes for sale in Miami Beach, but the list of luxury homes doesn’t stop here. Please continue browsing to see all the high-end listings and enjoy the full image galleries:

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Feb 11 No Comments

Baccarat Hotel and Residences to take part in Brickell high-rise development

Author: Ivan & Mike

Categories: Miami Beach Real Estate

Baccarat Hotel and Residences to take part in Brickell high rise development

According to the Miami Association of Realtors, condo sales are on the rise in Miami-Dade County, taking into account that in past December existing condo sales rose by more than 29 percent, compared to December 2019, when there were 1,618 closings.

However, this trend is far from lowering, since there is a new high-rise development under construction in the noteworthy Brickell area, home to the financial district and ultra-luxurious offices and condos. The latest addition will be a multi-tower project that has the whole package: residential units, a glamorous hotel, office spaces, and retail.

This major Brickell high-rise project will be built by the Related Group in partnership with the luxurious hotel brand Baccarat, making a three-tower development with up to 1,400 residential units, an ambitious number of condos, probably never seen before in the county. The high-rise property will be located and built at 444 Brickell Avenue.

The Related Group, a very well-known Miami-based developer, and considered the largest condo developer in the city due to the number of units it has built, is raising the bet with this project, proofing the pandemic situation is not an obstacle to keep building new and attractive real estate projects. In fact, a handful of developers are working on construction projects that will see the light sooner than what people may think; a particular situation stimulated in part by the sales outbreak in single-family homes in the past few months, accompanied by an interesting increase in the high-end condos sales.

The hotel facilities of the mixed-use luxury condo project will be managed by Baccarat Hotel, known to be a French crystal maker and jeweler, as well as one of the most luxurious hotel brands located in Manhattan, New York, with The Baccarat Hotel & Residences construction. This real estate project is not the first of Baccarat in Miami since there is the Baccarat Boutique B Bar and Lounge in the Miami Design District. However, the Brickell high-rise development will be the perfect chance for Baccarat to be fully known by residents and visitors of Miami, offering them a new experience of elegance, glamour, and art, exclusive for a select group of people.

On the other hand, the high-rise development is set up to include 57-story, 77-story, and 82-story towers with hotel, office, and retail components, bringing four crucial elements people who are moving to Miami look for in one neighborhood. This time, they can get it all in one place, besides being located in Brickell Avenue, the road that reunites and connects the best restaurants, nightclubs, and condo towers of the town.

As to the residential units, according to marketing materials of the project, the plans are that these will range from one to four bedrooms, and the development will have an array of splendid amenities, including a state-of-the-art fitness center equipped with the latest technology, a business center with all the gadgets, a magnificent pool and an impressive riverfront promenade, so residents can enjoy peaceful and private walks with waterfront views.

The architecture firm for the future construction will be Arquitectonica, a usual design partner to the Related Group projects. As to the landscaping of the new Brickell development, this will be in charge of Swiss landscape architect Enzo Enea.

In 2013, The Related Group Related paid $104 million for the 444 Brickell Avenue property with an area of 4-acres. This property is home to an office building with a Capital Grille restaurant on the ground floor and, in fact, it is across the street from another high-rise condo construction also developed by The Related Group: Icon Brickell.

Feb 07 No Comments

The Piero Lissoni Villa Collection at the Ritz-Carlton

Author: Ivan & Mike

Categories: Miami Beach Real Estate

The+Piero+Lissoni+Villa+Collection+At+The+Ritz-Carlton+Residences+Breaks+Ground+And+Launches+Sales

The world-known Ritz-Carlton brand is a synonym of elegance and modernity, of luxury residences and prestige wherever they operate. With a presence on all five continents, the giants of hospitality have set their eyes with a strong focus on Florida, exhibiting incredible properties in Fort Lauderdale, Coconut Groove, Orlando, Sarasota, Singer Island, Sunny Isles Beach, and of course, Miami Beach.

And that’s what brings us here because the waterfront property has entered into another level and the group has raised its stakes. Breaking news report that Lionheart Capital sold the land for the second phase of the Ritz-Carlton Residences, Miami Beach, to a New York development firm in an off-market deal.

Completed in 2019 after construction delays, Lionheart and its partner Elliott Management deliver phase one positioning it as one of the most sought-after places to live in Miami Beach. Set at the prestigious La Gorce Island Miami Beach community, and designed by Master Italian Architect Piero Lissoni, the magnificent Residences offer countless opportunities for the perfect lifestyle.

As proof, it was ranked #1 Residential Development in Miami Beach by Elite Traveler; Adapt Award Winner by Globest.com; IDA Award Winner for Architecture-Swimming Pool and Terrace; and IDA Award Winner for Architecture-Urban Design. So, there is nothing to worry about, it’s at the top of the top.

In the current 2021 New York-based real estate firm, GFI, led by Chairman and CEO Allen Gross, is in charge of the second phase development and according to a press release, it has recently launched sales with Douglas Elliman Development Marketing (owning the exclusive marketing strategy of the project).

Its CEO, Jay Phillip Parker said “Miami is benefitting from a tremendous wave of buyers looking to reestablish here and The Piero Lissoni Villas offer a unique product that blends the amenities, service, and lifestyle of a condominium with the privacy and control of a single-family home. This is all coupled with the exceptional Ritz-Carlton tradition of unrivaled service and quality for owners in an extraordinarily quiet neighborhood”.

This announcement has caught Miami’s attention. The fifteen stand-alone two-story villas designed by Italian Piero Lissoni, and executive architect Ralph Choeff, known as The Villa Collection is described by Ritz-Carlton as “a private and independent sanctuary appointed with world-class amenities and services of The Ritz-Carlton”.

The unique and private Collection displays custom-designed kitchens with expansive stone countertops, Gaggenau built-in fully integrated side-by-side refrigerator and freezer, Elica range hood, Gaggenau stainless-steel wall oven, and wine cooler, and Fantini plumbing fixtures. Bathrooms fully Lissoni designed with oversized glass-enclosed rain shower, and soaking tub.

It also boasts expansive hurricane resistant windows and doors, Lualdi solid-core oversized doors, variable refrigerant flow HVAC system, fenced private yard, private pool, private dockage, air-conditioned two-car garage, and laundry room with Electrolux front-loading washer and dryer.

The day of the release, GFI Development Company’s Andy Ashwal said: “In collaboration with award-winning Miami architecture firm Choeff Levy Fishman Architecture and Design, Lissoni has envisioned each residence as its own concept, and has thought through every space, whether indoors or outdoors, to perfection — opening up the landscape with dramatically framed views that lead the eye to landscaped gardens and beyond”.

There will be five styles of villas (A, B, C, D, E) with different floor plans ranging in size from 3,263 to 4,643 sq. ft. of living space. Seven garden villas will offer scenic secret gardens, and the other eight of the stand-alone waterfront ones will have private boat dockage.

Each one featuring five-star service and resort-style amenities, residents will enjoy a tropically landscaped half-acre, roof-top pool deck with stunning views of Biscayne Bay, Downtown Miami, and scenic Miami Beach. An exclusive helicopter service, Miami Beach concierge services for Beach Club Access, two 24-hour attended lobbies, 24-hour valet parking service, waterfront social room with bar, catering kitchen, and state-of-the-art entertainment system, whirlpool Spa, expansive Infinity-edge pool with waterfall, and spacious private poolside cabanas with Grille restaurant.

Also a state-of-the-art Fitness Center, on-site Spa with Steam Room, Sauna and Treatment Suite, art studio, pet grooming room, cinema-style screening room, carwash facilities, airline/private air reservations, translation services, personal Chef, nanny/childcare arrangements, in-Residence dining/catering, golf tee time reservations, ordering floral arrangements, Notary Public services, function & event planning, and Owner Absentee Program, among many others.

On the press release, Parker said: “We are delighted to launch this superlative collection of Villas in this new year filled with optimism”. This announcement follows last months’ trend where waterfront single-family home sales have raised all through the covid-19 pandemic, due to an increase in out-of-state buyers (Northeast, West Coast, and Midwest) with larger units in more private properties selling faster.

It is about time for everyone to delight their senses with the stunning and full of luxury Piero Lissoni Villa Collection at the Ritz-Carlton Residences, face of the new real estate era of Miami Beach.

Feb 04 No Comments

Big tech and finance companies from Silicon Valley and NY to Miami

Author: Ivan & Mike

Categories: Miami Beach Real Estate

Big-tech-and-finance-companies-from-Silicon-Valley-and-NY-to-Miami

2020 was a total shock for everyone. As long as the Covid-19 pandemic was a reality in more and more countries, regulations in political and economic terms started to affect everybody’s life and everybody’s jobs. And the real estate market has not been the exception. For better? For worst?

There’s no doubt that in the beginning, a break happened (no one expected this situation neither was prepared to deal with it), but as months went by people started to relocate, to really think about how and where they and their families were going to establish. And so did the companies.

Unfortunately, the small businesses were hit harder, and one way or another they are finding their way out, but what happened to big and billionaire companies? What happens when high taxes, onerous Covid restrictions, and rising living costs are on a daily basis? Why big tech and finance companies are leaving high-value regions with strong networking and investment opportunities like Silicon Valley and New York, and moving to Miami?

Here we will talk about this phenomenon that is happening in the opening weeks of 2021 and is already affecting the real estate market in South Florida offering exceptional opportunities across the region. For a company to take the decision to move so drastically, there have to be many factors involved. The interesting fact is that it’s not only a couple of companies doing it.

So can we think about a real social and economic trendsetting in the years to come? Or everything will back to “normal” when all this settles down? The truth is one of those who have been most involved and that has played an essential role in this entire process is the mayor of Miami, Francis Suarez.

As proof, we got what happened last year when he gave a tweet response to Delian Asparouhov, a principal at renowned venture-capital firm Founders Fund, by offering his support with a possible move out of Silicon Valley; it triggered more than 2 million impressions and a cascade of thousands of likes on the bluebird social network.

This subtle interaction opened the door to have frequent meetings with major venture tech executives and capitalists from all around the US, top directors who are very interested in relocating to Miami and other regions of the sunny State. Does it mean that Miami could become the next Big Tech mecca?

Another big announcement has been dropped by the Goldman Sachs Group which is considering relocating its asset management division ($8 billion estimated annual amount) to South Florida (recently has looked at spaces in Fort Lauderdale and Palm Beach County) in order to join other financial giants who have left The Big Apple for the Miami area. Like the billionaire Paul Singer who is moving the headquarters of his hedge fund, Elliott Management Corp., from Midtown Manhattan to West Palm Beach.

So does the private equity giant, Blackstone Group, and Ken Griffin’s Citadel, following the exodus started in recent years by notable billionaires Barry Sternlicht (Starwood Capital Group), David Tepper (Appaloosa Management), and Carl Icahn (Icahn Enterprises). One of the main reasons why New York-based firms found this as an attractive option is due to Florida’s lack of state income tax.

Of course, the new offices must fulfill high standards, that’s why projects such as the forthcoming 57-story 830 Brickell tower at the heart of Miami’s financial center is currently being explored for giants like Microsoft (aiming for 30.000 sq. ft.), international law firm Baker McKenzie, and the already mentioned Citadel (80.000 sq. ft.).

Developed by Vlad Doronin and his joint venture partner Cain International, and designed by Adrian Smith + Gordon Gill Architecture (the world-known firm behind the Burj Khalifa, and Jeddah Tower), this gorgeous construction would become the first major new office tower to go up in Miami in the last decades and will feature luxury amenities for its tenants, and high-tech health and safety systems.

Displaying 724 ft. in height, LEED Gold certification, and 8 stories of parking wrapped in a dynamic kinetic wall, the 1.030.000 sq. ft. of uninterrupted glass is leading the way for the future of Miami’s office market.

Not to mention the growing number of private equity investors (like Lee Scott Millstein), fashion designers (Sylvie Millstein), entrepreneurs (Jared Kushner and Ivanka Trump), and many celebrities and sports superstars, who are setting their roots on South Florida. But according to Forbes, it’s not only the wealthy residents fleeing increased taxes, but lower to middle-class income earners are also leaving New York and the costly Northeast, most of them choosing Florida. In fact, an estimated number of 270 people is currently leaving the New York metro area each day, looking for the sun and beach.

The final ingredient is the increased proliferation of startups and the massive investment big companies like the SoftBank Group are making on them. On January the 28th, a couple of days ago, its COO Marcelo Claure said that the Group will invest $100 million into venture capital-backed tech companies in Miami, this will represent an incentive for potential entrepreneurs and their teams to relocate to the Magic City.

There are some issues that the city has to solve in order to welcome such amount of people, companies and investment. Experts like Bernard Zyscovich, urban planner and architect, states that it’s mandatory to develop an efficient large-scale public transit as well as improved tech hubs on health care and education.

In the meantime, the whole situation presents a promising outlook for the real estate market, since the second half of 2020, residential brokers received large quantities of requests for luxury waterfront rentals and for-sale homes, as proof, there were more than 3.000 sales of single-family homes priced at over $1 million (an increase of 99%) according to Analytics Miami. So if the city really wants, and is on its way, to becoming the next Big Apple, Boston, or Silicon Valley, this 2021 could bring more surprises than the unforgettable past year.

Jan 28 No Comments

Best Gated Communities in Coral Gables

Author: Ivan & Mike

Categories: Miami Beach Real Estate

In Coral Gables, people can find the most beautiful waterfront houses with the best view ever. And even though there are many charming places in this vibrant neighborhood, these properties are almost impossible to ignore. These gorgeous waterfront homes are situated in exclusive gated communities that offer the ultimate experience of safety, comfort, and sophistication, all in one place.

Here are some of the gated communities that reunite the best of Coral Gables’ Waterfront Homes, distinguished by their privacy and exclusiveness, and the plethora of places inside the community such as children’s playgrounds, clubhouses, fitness centers, tennis courts, swimming pool, etc., for the residents to enjoy so they can feel they have everything they need at home.

Coral Gables Gated Communities Map

See what is the exact location of each one of the Gated Communities in the map below. On each location, you can find a link to see the homes on that community, images, descriptions, prices, and amenities.

Sunrise Harbor

Sunrise Harbor is a waterfront gated community located just a few steps away from South Coconut Grove. The waterfront community is very exclusive since it only has 80 homes and many of them have direct access to the Biscayne Bay or small canals that lead to the open bay, so they are the perfect property for sailing and water lovers.

This ultra-private location is comprised of very large homes (areas range from 2,000 up to 6,800 Square Feet and even more), which are the perfect development for residents to enjoy the fantastic weather and green zones safely. Besides, these exclusive homes are very near the most distinctive schools, making it a great investment for families.

On top of this, the architecture of the homes at Sunrise Harbor is majestic inside and out since they were designed and built by top creative and influential architects, creating a singular space for each resident and taking the best of the wide space and the elegant details, making Sunrise Harbor one of the most attractive gated communities in Coral Gables.

Price range: 2,1M to 12M+
Median Listing Price: $4,967,500
Average days on the market before sold: 145
Sunrise Harbor: Single-Family Homes for sale

Cocoplum

Placed in the heart of Coral Gables, Cocoplum positions itself as one of the most known and illustrious gated communities in the lively neighborhood, due to its privileged location between east of Old Cutler Road and south of Coconut Grove. The spectacular waterfront gated community puts its magnificent homes above Biscayne Bay, making it a dreamy enclave of privacy, security, luxury, and nature, all in one place.

Cocoplum has more than 400 splendid homes, each one with a special characteristic for every kind of resident, including families with children, boaters, and water sports enthusiasts.

Moreover, residents of Cocoplum can enjoy some of the great amenities the community has to offer, like 24-hour security, a clubhouse, a state-of-the-art fitness center, tennis courts, a playground for the fun of the little ones, a yacht club, and beautifully landscaped parkways and common areas that match perfectly with the overall exclusive tropical lifestyle the community depicts.

Price range: 2,3M to 45M+
Median Listing Price: $ 4,322,500
Average days on the market before sold: 150
Cocoplum: Single-Family Homes for sale

Gables By The Sea

Located just off the scenic tree-lined Old Cutler Road, Gables by the Sea is the perfect depiction of the natural park-like landscaping mixed with the exclusiveness and elegant architecture of Coral Gables, also known as the ‘City Beautiful’. Only the waterfront and canal front homes of this gated community can offer tropical scenery that gives residents a unique experience of lushness, family atmosphere and charm, making Gables by the Sea a truly fantastic place to call home.

Being situated on Biscayne Bay has been a plus for Gables by the Sea residents because most of them own a boat. However, there are many other benefits for visitors and locals of the community thanks to the privileged location, since Gables by the Sea is surrounded by Chapman Field Park, R Hardy Matheson County Preserve, and the Fairchild Tropical Gardens, three of the most visited places in Coral Gables, and confirming the tropical essence of the gated community.

Gables by the Sea has some of the best amenities for residents, making it a great option for families and children of all ages, who will get the chance to practice different sports in and out of the water.

Price range: 1,1M to 5M
Median Listing Price: $2,062,500
Average days on the market before sold: 86
Gables By The Sea: Single-Family Homes for sale

Deering Bay

Deering Bay brings the ultimate resort-style experience to Coral Gables, not only because the homes and common areas have an attractive Mediterranean-style, but also because they are located on the water’s edge of the mesmerizing Biscayne Bay.

There is a wide variety of residences at Deering Bay: from single-family homes, 5 condominium buildings, and townhome villas, all built to meet the needs of interested people looking for a perfect place for them and their families; a safe place for playing or practicing a sport, enjoying the fresh breeze of the sea and the luxury of walking or driving a golf cart to travel the entire gated community.

Price range: 1M to 2,7M+
Median Listing Price: $1,380,000
Average days on the market before sold: 97
Deering Bay: Single-Family Homes for sale

Gables Estates

Comprised of 192 stunning homes, Gables Estates is a waterfront home community that has green all over the place, making it an ideal place for residents who look for a very much needed contact with nature, far away from the noise and chaos of crowded Downtown.

Located in South Coral Gables and off the scenic Old Cutler Road, Gables Estates is close, by walking distance, to the most iconic places in the neighborhood like the Fairchild Tropical Botanic Garden and Matheson Hammock Park.

The private community is bordered by the shores of Biscayne Bay, bringing residents the most astounding sunrises and sunsets, as well as the refreshing sea breeze, the ideal elements to have a complete relaxation experience. Likewise, residents will not have to worry about their children’s education because Gables Estates is located close to excellent schools in the nearby areas of Pinecrest and South Miami, and just a 15-minute drive away from the University of Miami.

Price range: 2,9M to 49M+
Median Listing Price: $17,900,000
Average days on the market before sold: 122
Gables Estates: Single-Family Homes for sale

Hammock Lakes

Considered a hidden gem within South Florida, Hammock Lakes is a gated community located just off the scenic tree-lined Old Cutler Road, comprised of lushly landscaped homes made to bring residents the ultimate comfort and sophistication experience.

The gated entryway of Hammock Lakes leads to east and west sections of homes built around 2 winding lakes that give the properties a tropical touch mixed with elegance and exclusiveness; a dream come true for the residents of these beautiful, gated community.

Moreover, Hammock Lakes is very close, in fact just blocks away, to the emblematic Matheson Hammocks and Fairchild Tropical Gardens.

Price range: 2,9M to 6,4M+
Median Listing Price: $4,875,000
Average days on the market before sold: 111
Hammock Lakes: Single-Family Homes for sale

Hammock Oaks

Hammock Oaks is the perfect place for families who deeply enjoy nature and the tropical atmosphere only Coral Gables offers to a whole new level. This incredible gated community of 107 picturesque and spacious villas is a great option for people looking to live a more relaxed lifestyle without forgoing the elegance and sophistication.

Several homes are located on the lake and homes located on the east side of Hammock Oaks feature a dock with bay access and only one bridge to the bay, to feel closer to the inspiring sea. Residents will feel the peaceful sound of the sea and will also be at a very safe and private place to enjoy with their loved ones and recharge their energy from the noise of Downtown Miami and Brickell, the financial district of the city.

Price range: 1,5M to 14M+
Median Listing Price: $2,600,000
Average days on the market before sold: 101
Hammock Oaks: Single-Family Homes for sale

King’s Bay

King’s Bay has been considered one of the more affordable gated communities in Coral Gables, without diminishing its status of being one of the most complete and secure gated communities in the ‘City Beautiful’. This community is located to the north of Deering Bay Yacht and Country Club and it is comprised of 150 magnificent homes, some of them even more astonishing since they are located on waterfront lots, offering the best views of the sea.

King’s Bay offers a private park and boat ramp with “no bridges” access to Biscayne Bay; besides, it is situated near some of Miami’s most coveted neighborhoods: Pinecrest and Palmetto Bay, making it an ideal gated community for those who value proximity to business centers and Downtown while living in a peaceful and relaxing property.

Price range: 3,3M
Median Listing Price: $ 3,300,000
Average days on the market before sold: 24
King’s Bay: Single-Family Homes for sale

Snapper Creek

Known for its tropical environment and strict exclusivity -since it only has 124 homes-, Snapper Creek is one of the most coveted gated communities in Coral Gables. Its privileged location makes residents feel very close to the Montgomery Botanical Center and The R Hardy Matheson County Preserve, having the perfect excuse to live surrounded by the quietness of nature, a place where chaos and hecticness do not exist.

However, luxury and elegance are an important part of the aesthetic of the homes at Snapper Creek, which have many different design styles, including the fantastic Mediterranean. Some houses have private docks to complete the nature experience, getting direct access to Biscayne Bay or the lake.

The private marina is one of the greatest features of the gated community, giving families a perfect venue to spend some quality time.

Price range: 7,7M
Median Listing Price: $7,750,000
Average days on the market before sold: 136
Snapper Creek: Single-Family Homes for sale

Old Cutler Bay

Old Cutler Bay’s stunning homes were designed and built from 1964 to 2020 by different architects since many of the owners wanted to have a unique place to live with their particular style and aesthetic. Some of the houses have direct access to the Atlantic Ocean from wide winding canals, making it an ideal place for water and boating lovers.

This waterfront community of just 136 homes offers the utmost in family living, ensuring 24-hour guard-gated security and roving patrol, offering residents calmness and the confidence of living in one of the safest communities in Coral Gables.

Additionally, Old Cutler Bay has a favored location: within minutes, residents will be in some of the top Miami’s places for shopping, dining, and entertainment.

Price range: 5,2M to 13M+
Median Listing Price: $7,350,000
Average days on the market before sold: 62
Old Cutler Bay: Single-Family Homes for sale

Jan 27 No Comments

Eighty Seven Park stirs up the Real Estate scene in Miami Beach

Author: Ivan & Mike

Categories: Miami Beach Real Estate

Comprised of 64 exclusive residences over 18 stories, Eighty Seven Park is the hottest high-rise located in North Beach, more specifically in 8701 Collins Avenue. Designed and developed by world-class architect Renzo Piano, in collaboration with Terra Group, creating a masterpiece that took luxury residences and condos to a whole new level.

Eighty Seven Park is a magnificent place made of private oceanfront residences that are the perfect representation of the place where the park meets the ocean, and where people get an incomparable chance to live the dream lifestyle in Miami Beach. The green surroundings give the tower a special touch, perfectly mixing the lush life with the fresh nature and breeze coming from the Atlantic Ocean.

Fortunate residents can enjoy spectacular views of the ocean, park, and city skyline, besides getting the best out of the amenities the tower has, including a full-service concierge, two elegant pools, a state-of-the-art spa, ocean-view gym, and wine bar.

In the past few months, some of the most stunning residential units of Eighty Seven Park have been sold and rented by Ivan and Mike, taking over the iconic development. Here are some of the sold and rented units.

Unit 1505

Located on the 15^th floor of Eighty Seven Park, the 3,460-square-feet unit was sold on January 8, 2021, for $8,000,000. This residence has 3 bedrooms, 3.5 bathrooms, and two covered parking spaces. It features an astounding wooden floor, cooking island, high-end appliances, closed cabinets, and doors on the interior.

As for the exterior, it has a large terrace of 2,867 square-feet with magnificent security high impact doors that make every space in the unit extra luminous thanks to the natural light that comes from outside. The wraparound terrace has a 180° view so residents and visitors can enjoy lovely landscapes of the ocean, park, city, and Downtown Miami skyline to the North, West, and South.

The residence was sold for $2,312 per square foot, and it includes built-in features, walk-in closets, and a separate tub & shower to live the ultimate relaxation experience. Additionally, owners of the 1505 unit have access to the fitness center, pools, private garden, juice bar, wine bar, and library that are part of the construction’s charm.

Unit 1101

Sold on December 18^th, 2020 for $5,350,000, this 3-bedroom and 3.5-bathroom residence is the perfect depiction of luxury and comfort. It includes a sundeck and a fantastic master sundeck with exclusive direct views of the ocean from the eleventh floor. With a front exposure to the Northeast, the terrace is spacious enough to have outdoor dining and living spaces to enjoy the breathtaking scenery and a fresh and breezy atmosphere.

The property also has one parking space, with a covered garage and valet, security high impact doors, and a delightful porch on the outside. On the interior, the condo has central and electric heating and cooling systems, a splendid family dining room, walk-in closets, and high-quality appliances such as a built-in oven, dryer, dishwasher, electric range, electric water heater, disposal, microwave, refrigerator, self-cleaning oven, washer, and an inviting wall oven to bake some homemade goods for family and friends.

The unit has a total area of 2,421 Square Feet in the interior space and 1,715 Square Feet in the exterior; besides, the price per Square Foot of the condo is $2,209. The residents of the high-rise that was built in 2019 have several amenities including an alluring bar, a relaxing picnic area, business center, private elevator, library, bike storage, and ocean access for boats.

Unit 802

Recently sold off the market for $8,000,000, this stunning property located on the 8^th floor is one of the latest sold residences of the ultra-luxurious building. Ivan and Mike represented the buyers.

This exceptional three-bedroom condo has 2,467 Interior Square-Feet that features three-bathrooms and an elegant powder room. It also has a 1,715 Square-Feet wraparound terrace with enough space to have some outdoor dining and living furniture to have a quiet breakfast by the ocean, enjoying endless views of the water, park, and Downtown Miami skyline.

The views from the balcony are to the South and Southeast and the crystal-clear glass walls make the rooms luminous and ethereal, creating a subtle transition from indoor to outdoor spaces and giving each place the illusion of infinite space. This apartment has a private elevator, and the master bedroom points directly to the ocean, getting access to a master ocean deck to get the perfect view of the sunset or the sunrise.

Unit 601

This enchanting residence was recently rented on January 15, 2021, for $75,000 a month. Renters will get the chance to enjoy the 3 extraordinary bedrooms and 3.5 bathrooms of the corner unit, which has an area of 2,233 Square Feet.

The expansive open balcony is one of the greatest features of the property, since it has clear views of the Atlantic Ocean, the 35-acre park, and the vibrant city skyline, pointing to the North, East, and Northeast directions. Likewise, this stunning home includes floor-to-ceiling glass windows, high-end kitchen appliances (dishwasher, microwave, electric range, refrigerator, wall oven, and washer), and Italian cabinetry with clear glass doors.

Jan 22 No Comments

One Brickell Files For Construction Permit

Author: Ivan & Mike

Categories: Miami Beach Real Estate

One Brickell Files For Construction Permit

The explosion of the real estate market in South Florida happened many years ago. Still, if we focus on Miami’s city, it can be seen that nowadays, we are witnessing another boom of the industry where it’s obvious that the high predominance of luxury condos, penthouses, mansions, and villas has captured the attention of developers, investors, and buyers.

To maximize space, bring award-winning architectural firms to create marvelous designs, and offer dream-like views of the Atlantic Ocean, Biscayne Bay, and the Miami Beach skyline, every year new projects and developers start their pursuit for touching the sky.

And with more and more people setting their roots in Florida’s most important city, feeling attracted by the wide and powerful business and entrepreneurial environment, and getting delighted by the tropical weather and scenic life, the demand for more residential buildings has increased.

As a sample of this phenomenon, leaving off some very tall towers that are being built in Miami Beach, Sunny Isles, Fort Lauderdale, the Wynwood area, and South Miami; there are currently more than twenty tall buildings being constructed or will begin in 2021, and we are talking only in Miami’s urban core. Don’t be surprised by the vast number of cranes around town buildings.

Among them is the first of three towers at One Brickell, previously known as 444 Brickell, located at 77 SE 5th St. Its developer, the Related Group, has filed for a construction permit to get the job done and has announced Joh Moriarty & Associates as the contractor.

The upcoming 47-story tower with a projected 506 residences has plans to begin to work this first quarter of 2021 after the approval for the demolition of the current four-story office tower by the Related Group. With an estimated budget of $86 million for its construction, the One Brickell would be among the tallest buildings in town, exhibiting 476 feet high, as the permit states. A total of 416 plan sheets comprised the application submitted on December 22nd and were in review as of last week.

We mentioned that just one of three towers has now entered the permitting process, that’s the building known as Tower II. Two additional towers will be built later, at heights of 828 feet and 877 feet. The full three-property project can be seen on an imposing wavy design which is shown by high-quality renders of the Related Group. The company is known worldwide for its unique and beautiful creations, all of them offering state-of-the-art amenities, the finest accessories, exclusive services, and top brand appliances.

We can expect they will be responsible for advanced energy-efficient air conditioning, heating, security, and fire systems, “Smart Building” wiring – allowing multi-jack data and voice, high-speed internet, and cable TV access, a gorgeous lobby, high-end fitness center, recreational and lap pools, and more stunning features.

The One Brickell is now part of Miami’s future landscape and the Related Group is ahead of the new face of the city. With the financial district of Brickell and Downtown leading the race for newer, taller, and exquisite projects, we are about to climb another step in the residential real estate market.

Jan 18 No Comments

Miami Real Estate Market in 2020: an era of growth despite strong events in the worldwide economy

Author: Ivan & Mike

Categories: Miami Beach Real Estate

Miami Real Estate Market in 2020: Why did the market kept on growing?

The current events worldwide have been hitting hard the different sectors all over the world, especially the real estate market in the big cities of the United States like New York, where the situation for investors and realtors became critical in the last year due to the pandemic. However, Miami and South Florida went through a different situation, despite having fewer tourists and high numbers of unemployment, just like the rest of the states across the country.

Surprisingly, Miami and South Florida got a brighter outlook in the real estate market in 2020 “because of and not despite the pandemic”, as said by Fortune Builders, since “demand remained strong for industrial properties due to the surge in e-commerce, and wealthy out-of-state buyers scooped up multimillion-dollar waterfront homes for some very pricey privacy”. This was the case of Ivanka Trump and Jared Kushner, as well as Tom Brady and Giselle Bundchen, to name a few of the big names that packed their bags and moved to Florida on a more permanent scale to live in their luxurious private waterfront homes, far away from the ultra-expensive North cities.

Likewise, local and foreign investors and well-recognized leading companies, like JP Morgan Chase and Goldman Sachs, decided to transfer their operations to Florida, taking advantage of the great tax benefits the state of Florida provides to investors. Besides, due to the COVID-19 pandemic situation, working in big companies can be done remotely more than ever before, without having to spend so much money on a costly office.

For these and other reasons, Miami Real Estate Market stayed afloat and even grew in 2020, despite all the odds.

2020 Investment Overview

The 2020 overview puts the Miami real estate market as one of the most wanted locations for people and investors on different fronts, but especially in the luxury house sales. According to Mansion Global, Miami Luxury House sales doubled in October 2020 thanks to the million-dollar-plus deals across South Florida.

South Florida’s luxury real estate market was hot during 2020. In Miami, luxury single-family home sales rocketed 76.7% in September compared to the previous year, and luxury condo sales jumped 34.9% in comparison to 2019. Also, homes were sold 44% quicker than last year, as stated by the Mansion Global report,

Additionally, the luxury real estate market in South Florida grew considerably faster than the rest of the market in this zone, which results very contradictory to the situation of the state’s economy during the last year, where unemployment numbers rocketed due to the pandemic situation.

Taking statistics from the Miami Association of Realtors, million-dollar-plus house sales in Miami-Dade County more than doubled year-over-year, while overall single-family sales rose by a much more moderate 15.7% during that same timespan. Moreover, existing-home sales increased in both condo and house market, but the biggest growth in the market was brought by high-end properties that allow people to maintain a large social distancing and more space to spend more time at home due to the pandemic.

Other reasons for the great demand of buyers and investors despite the COVID-19 were the fact that mortgage rates are much lower than last year (down to record lows in the 2.8% area), as well as the interest of the millennials to buy a home, having the necessary resources to seal the deal.

COVID-19 Impact

It is no secret that the real estate market across the country was affected by the arrival of the COVID-19 in the world, and restrictions like quarantine orders issued on every state contributed to the negative impact on this sector, including the Miami real estate and housing market.

Luckily, this standstill proved to be temporary, and the Miami real estate market gained its momentum back as the Federal Reserve System has kept interest rates low, favoring millions of Americans to buy their own house. However, this benefit will not last for too long because prices in Miami are expected to increase by 6.6% over 2021.

On the other hand, COVID-19 has had an impact on workers and independent business owners who are looking to leave the big towns where a business rental place can have an over-the-top price. Also, the number of work-at-home workers increased significantly due to the social distancing restrictions, and their priority now is to find a cheaper place, with more room and even nice weather to work in, since they spend more time at home now.

That is why so many people are leaving the North cities like Manhattan, Boston, and Chicago to find a new space in the warm and lovely Florida, where people can get more spacious accommodations for way less money than they had to pay for in their previous homes. In brief, buyers and renters are receiving more value for their purchase.

Finally, the latest unemployment rate in Miami is 10.1%, which is expected to moderate buying activity across the city. This means that now may be the perfect time to buy a house in Miami or South Florida because it is only a matter of time until Miami catches up to national averages.

Conclusion

The extraordinary results of the Miami real estate market in a very hard year for the economy is linked to the high interest of real estate investors who see in Miami and South Florida a golden opportunity to grow and build their rental properties, as well as benefit from the low borrowing costs, increasing demand, growing demographic buyer changes, an improving state economy, and low Florida taxes.

As for the buyers, Miami offers them a greater square footage living, low mortgage rates, and great year-round weather to work from a spacious home.