September 20th, 2013
The Icon Brickell provides life and leisure all in one place with the luxurious onsite amenities at Viceroy Spa & Pool deck plus world class dining & Lounging at Cipriani Miami. All units are packed with state of the art amenities for luxury living at its finest
Contact Miami Realtor Sydney Server for more information.
Property Name: Icon Brickell
Address: 475 Brickell Avenue, Miami FL 33131
Year Built: 2008
Type: condo
Units: 1648
Number of Floors: 50-58 (3 Towers)
Developer: The Related Group
Sources: SydneyServerRealEstate.com
Photo Credit: Wikimedia
Daneil Fletcher for SydneyServerRealEstate.com
Brokerage By: Florida Capital Realty
Posted in Brickell Miami Real Estate Luxury Blog | Brickell Blog |
September 20th, 2013
Less than an acre of Sunny Isles oceanfront has been purchased for $30M by New-York based Property Market Group (PMG). The parcel is reportedly 0.85 acres, and is situated at 17141 Collins Avenue. Previous plans by sellers, Palermo Beach LLC., included the development of a 42 story condo named Unique, by Kobi Karp.
S2 Development of Aventura will partner with Property Market Group to fuel a new project, however exact plans remain private, according to The Real Deal. A company representative stated that the interior designer and architect commissioned for their project though, are of world-class caliber.
Palermo purchased the land space in 2012, for a $20M sum, thereby gaining profits. The parcel is nestled between new development Jade Signature and the highly sought after Trump International Resort.
Property Market Group is one of the few developers in Miami to secure construction loans for residential projects. The development firm has recently safeguarded $128.5M for its Echo Brickell and Echo Aventura projects. Commercial loans are notoriously more stringent than other types of loans. Applicants need to have qualifications and field experience in their niche. PMG’s Miami Chief has also described that loan applicants will need to be well-capitalized in order to receive funding. Read more on commercial lending requirements here.
Waterfront locations are typically in high demand. For new pre-construction waterfront properties, contact Sydney Server at 305-562-7363.
Contact Miami Realtor Sydney Server for more information.
Sources: The Real Deal
Photo Credit: The Real Deal
Daneil Fletcher for SydneyServerRealEstate.com
Brokerage By: Florida Capital Realty
Posted in Sunny Isles Beach Miami Real Estate Luxury Blog | Sunny Isles Blog |
September 19th, 2013
ArteCity features stylish Italian kitchens and bathrooms in stylish condos designed with Art Deco designs and a modern twist. Located next to BASS museum of art & Miami City Ballet.
Contact Miami Realtor Sydney Server for more information
Property Name: ArteCity
Address: 2100 Park Ave, Miami Fl 33140
Year Built: 2007
Type: condo
Units: 202
Number of Floors: 3-6
Developer: Artecity Management
Sources: SydneyServerRealEstate.com
Photo Credit: ArteCity
Daneil Fletcher for SydneyServerRealEstate.com
Brokerage By: Florida Capital Realty
Posted in South Beach Miami Real Estate Luxury Blog | South Beach Blog |
September 18th, 2013
Jordache Jeans’ owners have officially purchased the Versace Mansion in South Beach for $41.5M. Now plans are underway to keep it operational as a hotel bearing the licensed Versace name, according to The Real Deal.
Casa Casuarina, as the property is known, was officially listed more than a year ago for $125M. Following numerous price reductions, the property was sent to auction this September. Other high-profile bidders included Donald Trump and Glenn Straub, who is the owner of the Palm Beach Polo and Country Club. One of the prerequisites for bidders was a $3M deposit $40M in liquid assets.
The Nakash family, who are owners of Jordache Enterprises, were also creditors of the estate, which gave them a competitive advantage in the auction. Jordache Enterprises is also a hotel group that’s behind other popular South Beach Miami names like Hotel Ocean, Hotel Barcelona, Breakwater, the Thompson and more.
The sale included furnishings and the original mosaics. Casa Casuarina is additionally famed for its gold-lined swimming pool. The property features 10 bedrooms and 11 bathrooms. Notable guests in the past include Princess Diana and Madonna. Jordache Enterprises is now awaiting a deal with the Versace family to use the same moniker, where it would operate next door to Hotel Victor.
Contact Miami Realtor Sydney Server for more information.
Sources: The Real Deal, Huffington Post
Photo Credit: Huffington Post
Daneil Fletcher for SydneyServerRealEstate.com
Brokerage By: Florida Capital Realty
Posted in South Beach Miami Real Estate Luxury Blog | South Beach Blog |
