Nestled on a quiet enclave on Pine Tree Drive in-between LaGorce Island and Allison Island sits this classic Miami Beach Mediterranean which just hit the market for $6.5 million. The home mixes old world charm, including exposed beam cathedral ceilings, with modern design. The main residence is a 3 bedroom 3 bathroom home with an additional attached studio with a 1 bedroom and 1 bathroom residence.
Read MoreArquitectonica-Designed Boutique Condo 42 Pine Launches Sales On Miami Beach's Pine Tree Drive And 41st Street
Sales have launched for 42 Pine, an exquisite collection of residences redefining luxury living in one of Miami Beach’s most sought-after neighborhoods. The boutique building will offer fifty move-in-ready residences ranging from one-to-three-bedrooms, including eight penthouses, meticulously crafted to deliver a bespoke lifestyle rooted in community and convenience.
Read MoreHyatt and Gencom Propose Arquitectonica-Designed Mixed-Use Redevelopment To Activate Downtown Miami Riverfront
Hyatt has teamed up with Miami-based luxury hospitality and residential developer Gencom, with the goal of redeveloping Downtown Miami’s iconic Hyatt Regency Miami, improving access in and out of the urban core, and activating a key piece of Miami’s riverfront. The Hyatt and Gencom venture is proposing a privately funded redevelopment that will comprise a reimagined upscale Hyatt Regency hotel.
Read MoreSt. Regis Residences, Miami Launches Sales At Second Tower Amid Strong Sales At East Tower
A partnership between Related Group and Integra Investments have launched sales at the second tower at The St. Regis Residences, Miami, an uncompromising new condominium set to redefine Miami’s skyline in Brickell. The launch of the western located William Tower comes amid strong sales and buyer response at the eastern Astor Tower which launched earlier this year.
Read MoreDOMO-Designed Sunset Islands Estate Built By Todd Michael Glaser And Staged by Artefacto Trades For $31.5 Million
A contemporary waterfront home on Miami Beach’s prestigious Sunset Islands has sold for $31.5 million. It is the third most expensive home ever sold on all Sunset Islands, behind a recent land sale and 2120 Bay Ave. which traded for $34 million in an off market deal in March. The ultra-modern home is located on the gated Sunset Island 4 at 1635 W 22nd Street.
Read MoreNBA Star Tim Hardaway Jr. Buys Non-Waterfront North Bay Road Home Built By Todd Michael Glaser For Record $9.15 Million
Todd Michael Glaser has broken the record on North May Road for most expensive non-waterfront single-family home purchased to date. NBA star Tim Hardaway Jr. closed on the newly developed 6015 North Bay Road for $9.15 million. Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty represented the seller in the transaction.
Read MoreImage via Daniel Zuliani
Formula 1 Hits Miami Design District With Race Week Experiences Open To The Public
The inaugural Formula 1 Miami Grand Prix take's place Sunday May 8 and Miami is alive for its first ever race week. Miami Design District has been transformed into a petrolhead heaven as the neighborhood has revealed a series of events, activations and one-of-a-kind experiences open to public for Formula 1 weekend.
Read MoreOwner Of The Versace Mansion Acquires 1930's Era Miami Beach Boutique Hotel For $6 Million
The Nakash family, owner of several Art Deco hotels and South Beach’s former Versace Mansion, has acquired a 1930’s era boutique hotel located at 1350 Collins Ave. in Miami Beach. Renowned architect Wallace Tutt, who designed the Versace Mansion a few blocks away, also designed the building’s three villas.
Read MoreShoma Group Acquires 2.5 Acre Transit-Oriented Site in Coral Gables To Develop Shoma One Mixed-Use Multifamily
Miami-based developer Shoma Group has announced its latest acquisition, a 2.5-acre site at 3650 Bird Road, currently home to Deel Volvo, near Coral Gables for $34 million. It will be the site of Shoma One, a mixed-use project with a 391-unit apartment community and a Shoma Bazaar food hall. The development is expected to cost $220 million to build.
Read MorePEBB and Banyan Development Acquire Seven Building Portfolio at the Research Park at Florida Atlantic University® For $37.5 Million
PEBB Enterprises and joint venture partner Banyan Development closed another major office acquisition in the companies’ home base of Boca Raton. The venture paid $37.5 million for a long-term ground leasehold interest position in the Research Park at Florida Atlantic University®, consisting of a portfolio of seven multi-tenant office buildings totaling 308,305 SF.
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