China Enters Florida Real Estate Market South Florida is the Nation’s Epicenter in Real Estate to Foreign Buyers
Setai Condo Sells for $7.8 Million

Setai Condo Sells for $7.8 Million

A luxury oceanfront condo residence in the Setai Miami Beach sold for $7.8 million. This is the highest price paid for a non-penthouse unit at the exclusive tower.

The 3-bedroom, 3.5-bathroom condominium contains 2,258 square feet, translating to $3,045 per square foot. The unit has panoramic ocean views, floor-to-ceiling glass and high-end finishes. In January, a Setai penthouse residence sold for a staggering $27 million.

At 40 stories, the Setai is one of the tallest oceanfront, residential towers in Miami Beach. The building offers amenities, such as a spa, staffed fitness center, 3 pools, maid service and room service.

Contact Niki Higgins at 1.888.242.4422 to inquire about other luxury condos for sale in the Setai.

Source: The Real Deal

Setai, Luxury Condos in Miami Beach

Setai, Luxury Condos in Miami Beach

Extensive Renovations Are Complete at Fisher Island Club

Extensive Renovations Are Complete at Fisher Island Club

Renovations on Fisher Island Club’s Racquet Club and Links Golf Club have been completed.

The interior of the 6,000-square-foot golf clubhouse was built out with exquisite millwork and finishes. The space includes an open lobby, pro shop, dining room and a waterfront dining patio. A new roof complements the original design of the building.

The Racquet Club also features extensive millwork and high-end finishes.

These two completed renovations were preceded by another major renovation to Fisher Island Club’s spa and fitness center. The 24,000-square-foot spa was outfitted with a lavish lobby, 6 pools and a state-of-the-art fitness facility.

Fisher Island Club is located on the private island community of Fisher Island, right off the shores of Miami.

Fisher Island Club Spa

Fisher Island Club’s Recently Renovated Spa

Residences in Jade Signature Will Feature Spacious Terraces

Residences in Jade Signature Will Feature Spacious Terraces

Jade Signature will have large terraces that make up approximately a third of the total living space. The 55-story luxury condo building is set to rise in Sunny Isles Beach in Miami.

Units will range from 1,400 to 10,000 square feet, with expansive terraces playing a major part in the total living space. The architectural firm of Herzog & de Meuron designed the building hoping to create a full connection to the land and environment.

“We created deep terraces and living rooms that have simultaneous views to the ocean in the east and to the Intracoastal to the west. We designed common areas to be on the ground level, connected with the beach, just as they were originally conceived for the beachfront hotels that have drawn people to Miami since the early 20th century,” Christine Binswanger, a senior partner with Herzog & de Meuron stated.

Herzog & de Meuron is widely recognized for 1111 Lincoln Road, a mixed-use project in Miami Beach. Jade Signature will mark their first residential development in Florida. Other prominent designers have also been commissioned for the luxury beachfront condominiums. Landscape architect Raymond Jungles will supply landscaping, and interior design firm PYR will outfit the interiors. This is the developer’s third Jade project. Jade Ocean and Jade Beach are also located in Sunny Isles Beach.

Source: South Florida Business Journal

Jade Signature, Luxury Condos in Sunny Isles Beach

Jade Signature, Luxury Condos in Sunny Isles Beach

One Thousand Ocean Closes Two More Units

One Thousand Ocean Closes Two More Units

One Thousand Ocean, a 7-story luxury condominium building in Boca Raton, has closed two more residences. The recently sold units, a beach villa and a penthouse, totaled $11 million.

The beach villa features three bedrooms, four bathrooms, large terraces, an elevator, a pool and a two-car garage. It sold for $5.15 million and was the last remaining beachfront villa at One Thousand Ocean.

The customizable penthouse closed for $5.86 million. The luxury condo residence includes 1,450 square feet of terrace, 14-foot ceilings, a cabana and a private elevator lobby.

The luxurious and modern One Thousand Ocean is comprised of 52 residences and is located on a private peninsula, with views of the Boca Raton Inlet, Intracoastal and Atlantic Ocean. It is adjacent to the Boca Raton Resort and Beach Club. Just a few units remain in the building in what is anticipated to be the final selling season.

Source: The Real Deal

One Thousand Ocean, Luxury Oceanfront Condos in Boca Raton, Florida

One Thousand Ocean

Design for One Thousand Museum Revealed by Zaha Hadid

Design for One Thousand Museum Revealed by Zaha Hadid

Star architect Zaha Hadid revealed the design for her proposed luxury condos in Miami. The 61-story tower, called One Thousand Museum, is her first residential project in the US. The tower is set to rise on Biscayne Boulevard in Downtown Miami.

The residences will start at $4 million, with penthouses costing in excess of $30 million.

A Pritzker Prize-winner, Hadid herself owns a condo in the W South Beach.

She recently told the Wall Street Journal, “I really love Miami, but I don’t think the architecture matches the city. It’s a bit too commercial.”

She is hoping to change that with One Thousand Museum. Hadid’s tower will capitalize on the Miami location, without sacrificing design.

Source: The Miami Herald


One Thousand Museum, luxury condominiums in Miami

New Luxury Waterfront Condominium Buildings in Miami Beach are Selling Fast

New Luxury Waterfront Condominium Buildings in Miami Beach are Selling Fast

Many luxury beachfront condominiums in Miami have been selling before construction begins. Peloro, a new waterfront condo project set for construction in Miami Beach, has had great success selling units prior to construction. Sales started about three months ago, and seventy five percent of the proposed 115 units are already reserved.

Construction is set to begin in a few months. The oceanfront condo development has a planned completion date of 2014. The luxury residences will be located on Indian Creek, just minutes away from Bal Harbour and South Beach.

Located on the Intracoastal, Peloro will be seven stories high, with two and three bedroom units, a penthouse and a 2-story townhouse. The condominiums will range in size from 635 to 2,268 square feet.

Source: The Real Deal

peloro, luxury, waterfront, condos, miami beach, collins avenue, bayfront

Peloro, Luxury Waterfront Condo Tower in Miami

Historic Waterfront Home in Miami Beach is approved for Demolition

Historic Waterfront Home in Miami Beach is approved for Demolition

The Real Housewives of Miami star Lisa and her husband Dr. Leonard Hochstein recently received approval to tear down their Star Island home. They bought the 8,117-square-foot home for $7.6 million. The Hochsteins believe there are many issues with the house, such as cracks in the outside walls. According to them, the historic waterfront mansion cannot be salvaged.

The Miami Design Preservation League has been fighting to keep their home intact. The home was  built in 1925 and has recently been noted as historic, thanks to the preservation league’s efforts. The original house was designed by Walter DeGarmo, a prominent Miami-based architect.

William Cary, the city’s historic preservation director, states that the house wasn’t declared historic until after the Hochsteins purchased the home, making it unethical to deny their application.

“This is the most God-awful position that our staff can be placed in,” Cary said. “It would be ethically inappropriate for another board to intervene at this time.”

The new owners of the luxury waterfront estate plan on replacing the current home with a 14,000 square-foot mansion.

“I’m ecstatic,” Lisa Hochstein said after the approval. “I’m hopeful it will be done before this summer.”

The Hochsteins still need to receive building permits.

Source: The Miami Herald

New Condominium Tower Echo Aventura Makes a Splash in Miami

New Condominium Tower Echo Aventura Makes a Splash in Miami

Lavish parties for new construction appears to be back in style again in Miami. Last week, JDS Development Group and Property Market Group threw a soiree for their new condo project Echo Aventura, a luxury waterfront condominium tower located on Biscayne Bay in Miami.

JDS Development Group and PMG, both New York developers, introduced the $160 million Miami condo building last week, with women in pastel chiffon and Cirque du Soleil acrobats pouring the champagne. Construction on the waterfront development is set to start in June.

Echo Aventura will consist of 2 eleven story towers, featuring eighteen floorplans. The luxury condos will range in size from 1,510 to 4,020 square feet. Each condo will have a flow-through design, with spacious balconies.

Architect Carlos Ott and design firm Yabu Pushelberg are collaborating to create unrivaled style.


Source: The Real Deal


Echo Aventura

Echo Aventura Located in Biscayne Bay

Hollywood Beach Is a New Hot Spot for Luxury Beachfront Condos

Over the past couple of years Bal Harbour and Sunny Isles Beach have seen an influx of new waterfront development. Now, Hollywood Beach is seeing an increase in proposed oceanfront condo buildings.

New condos in Sunny Isles Beach include the Mansions at Acqualina, Porsche Design Tower, Regalia and Turnberry Ocean Colony. In Bal Harbour, luxury condos like Bellini, One Bal Harbour and St. Regis Bal Harbour have seen invigorated sales.

Now, developers are proposing 1,450 new condo units in the Hollywood and Hallandale Beach areas.

Waterfront and Oceanfront Condominium Towers Planned for Hollywood/Hallandale Beach Area:

Apogee-under construction

Sage Beach-planned

Beach One Resort-planned

Sky Harbor-planned

La Riviera-planned

Oceana-under construction


Positano Phase II-pre-construction

Faena District Planned to Put Miami Beach on Cosmopolitan Map

Faena District Planned to Put Miami Beach on Cosmopolitan Map

Alan Faena, a prominent Argentinean hotelier and developer, has aimed to revitalize Miami’s beachfront. His starting point is the Faena House Residences, a luxury oceanfront condominium complex on Collins Avenue.

“I’m working on one of the best projects in all of the Americas,” Faena stated. “We are creating a whole district.”

His plans for Miami include a five block district featuring a luxury condo building,  theater, cultural center and parking garage. Star architect Rem Koolhaus will create a structure containing a hotel and ballroom, retail space and robotic garage. The Miami Beach project will also include a 300-person theater, intimate cabaret and a possible redesign of the beach boardwalk at the Faena House site.

The Faena House is at the center of the district and is planned to be on the same scale as The Setai, The Continuum and Apogee. This luxury oceanfront condo building will consist of 19 stories, with three full-floor penthouses. Each condo will be fully furnished, with 1-5 bedrooms. Each oceanfront condo will have a custom-designed floor-to-ceiling window wall system. Sales at the Faena House started this week, and the building broke ground just last month.

Source: Forbes Magazine

Faena House

Faena House Residences Miami Beach