Poised between the cosmopolitan grace of Miami and the natural beauty of the Atlantic, The Ritz-Carlton Key Biscayne, Miami, is embarking on a new chapter. Nearly 25 years since Gencom co-developed the asset, the iconic resort has begun a transformational improvement plan totaling over $100 million, ushering in a new era of coastal luxury.
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Terra and Fortune Acquire Silver Sands Beach Resort in Key Biscayne For $205 Million, Plan Ultra-Luxury Boutique Oceanfront Condo
Terra and Fortune International Group, two of South Florida’s most active luxury residential development firms, have formed a partnership to acquire the former Silver Sands Beach Resort property in Key Biscayne, Florida for $205 million.
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Key Biscayne Non-Waterfront Home on Mashta Island Sells For $7.3 Million Setting Record Price Per Square Foot
A non-waterfront home on Key Biscayne’s exclusive Mashta Island has sold for $7.3 million, setting an all-time record price-per-square-foot of $1,728 PSF as well as a land value record. Located at 730 N Mashta Drive, the recently listed home was sold in just 4 months by agent Joan Bruggink with ONE Sotheby’s International Realty.
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GENCOM RETAKES MAJORITY OWNERSHIP IN RITZ-CARLTON KEY BISCAYNE RESORT IN MIAMI
Affiliates of Gencom, an international owner, developer and manager of hospitality and residential properties, has retaken majority ownership in the 291-key Ritz-Carlton Key Biscayne. The transaction was financed by Citigroup and affiliates of KSL Capital Partners, LLC for an undisclosed amount.
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ALTARA Properties Oversees Leasing Of Key Biscayne’s “Miami Vice” Estate On Mashta Island For $100,000 Per Month
ALTARA Properties has successfully overseen the leasing of 400 S Mashta Drive on Key Biscayne which was featured in “Miami Vice” for $100,000 per month. The transaction was brokered by Scott Lawrence Porter of ALTARA Properties and Nile Lundgren of SERHANT who represented the tenant and by Brigitte De Langeron of Fortune International Realty Key Biscayne Inc. who represented the landlord.
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Master Brokers Forum Listing: Check Out An Ultra-Luxe Oceanfront Condo At Oceana Key Biscayne Asking $11 Million
Master Brokers Forum: Master Brokers Forum board member Joelle Oiknine presents this ultra-luxe oceanfront condo in Oceana Key Biscayne. The residence features direct ocean and bay views from this oversized southeast corner residence with 3,791 SF of interior space and 2,070 SF of wraparound terrace.
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Step Inside An Exquisite Mansion In The Sky Penthouse Which Just Hit The Market In Key Biscayne's Grand Bay
This mega-condo, essentially a waterfront mansion in the sky at the luxurious Grand Bay community of Key Biscayne. The meticulously finished residence offers 5 bedrooms and 4 bathrooms with 1 powder room, all spread over 5,634 SF; along with a 245 SF studio located downstairs included in the package.
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EWM's Riley Smith and Maria Loughlin Close Record Sale At Oceana Key Biscayne
Last week EWM Realty International’s Riley Smith and Maria Loughlin of The Riley Smith Group announced the record breaking sale of Oceana Key Biscayne NO. 1101S for $7,350,000, the most expensive condo residence sold on Key Biscayne since 2015 (November 17, 2017). The unit spans 4,080 SF spread over 4 bedrooms, 7 full bathrooms and 1 half-bath.
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Featured Listing: Check-Out the Oceanfront Condo In Oceana Key Biscayne That Will Accept Bitcoin
An oceanfront residence at Oceana Key Biscayne is making waves after hitting the market for $5.95 million after the list agent announced that the seller is willing to accept Bitcoin. The list price equates out to roughly 934 bitcoins. Unit 702S is a 4 bedroom, 5.5 bathroom unit spread over 3,603 SF.
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Featured Listing: Video Tour of Buena Vista Estate in Key Biscayne Listed for $33 Million
960 Harbor Drive in Key Biscayne, also known as Buena Vista, has dropped their asking price from $36 million to $33 million. The 1.4 acre estate features a 14,739 SF main house with over 720 feet of water front. It also features a 16-seat movie theater, tennis court, basketball court, saltwater pool and spa, private beach and multiple docks. The home is currently listed for $33 million with The Nash Group and The Keyes Company. Enjoy the video tour below.