Posts Tagged With 'oceanfront'

New Luxury Waterfront Condominium Buildings in Miami Beach are Selling Fast

New Luxury Waterfront Condominium Buildings in Miami Beach are Selling Fast

Posted in Luxury Real Estate, Miami | No Comments

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

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New Condominium Tower Echo Aventura Makes a Splash in Miami

New Condominium Tower Echo Aventura Makes a Splash in Miami

Posted in Luxury Real Estate, Miami | No Comments

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

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Record Breaking Sale for an Oceanfront Penthouse at the Setai Miami Beach

Record Breaking Sale for an Oceanfront Penthouse at the Setai Miami Beach

Posted in Florida Economy, Luxury Real Estate, Miami | No Comments

Many waterfront estates run over ten million dollars in Miami, but we have never seen prices quite so high for luxury oceanfront condominiums. However, exorbitantly priced penthouses in Miami seems to be the current luxury real estate trend.

The Setai, an exclusive oceanfront condo tower in South Beach, just hit the highest price for a penthouse unit at $27 million. The price tag is the highest ever for a condominium in South Florida, according to real estate records. Located on the 40th floor, with 4 bedrooms, 4.5 bathrooms and 7100 square feet of luxury living space, this penthouse is an undeniably spectacular residence.

The Setai, is a trendy building, featuring 175 residences with floor-to-ceiling glass windows. Residents enjoy panoramic views of the beach, the ocean and Miami.

A close runner up, an oceanfront penthouse located in the Continuum sold for $25 million. The Continuum is also located in South Beach.

 

The Setai

The Setai South Beach

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Palm Beach Billionaire’s Row Estate Home Sells for $23.5 Million

Palm Beach Billionaire’s Row Estate Home Sells for $23.5 Million

Posted in Florida Economy, Luxury Real Estate, Uncategorized | No Comments
Ruby Rinker's Estate Home on Billionaire's Row in Palm Beach

Ruby Rinker’s Estate Home on Billionaire’s Row in Palm Beach

Palm Beach resident Ruby S. Rinker has sold her oceanfront estate home in a private deal for a whopping $23.5 million.  The deed was recorded by the Palm Beach County Clerk’s office.  According to property records, it is the largest single residential sale in Palm Beach in the last year.

The seven-bedroom home is situated on a 2.66 acre estate on the stretch of Palm Beach’s South Ocean Boulevard known as “Billionaire’s Row.”

Built in 1971, the house and a two-bedroom outbuilding have nearly 12,230 square feet of living space, according to Palm Beach property records. The property features a swimming pool and tennis court.

Rinker bought the house for $7.45 million in 1999.

Full Story: Palm Beach Daily News

If interested in more information and future updates, please call or visit our website: www.SeasidePropertiesGroup.com

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South Florida's Luxury Real Estate Is Again in High Demand

South Florida’s Luxury Real Estate Is Again in High Demand

Posted in Florida Economy, Luxury Real Estate | No Comments
The Mansions at Acqualina, Luxury Oceanfront Condos in Sunny Isles Beach

The Mansions at Acqualina (right) is One of Many New Ultra High-End Condos Being Built in the Booming South Florida Luxury Real Estate Market

In South Florida, the luxury real estate market is booming. While Wall Street turmoil kept many potential buyers on the sidelines for years, they’ve reentered the market with  renewed confidence.

Ultra-exclusive properties are in strong demand.

Most buyers are out-of-towners looking for a second, third or fourth home.  Nearly all pay cash — regardless of the price.

In Miami-Dade, the hot spots are well known: South Beach, Gables Estates, Star Island and Key Biscayne. Affluent New York deal-seekers are confidently purchasing these luxury waterfront properties.

Full Story:  The Miami Herald

If interested in more information and future updates, please call or visit our website: www.SeasidePropertiesGroup.com

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