Miami’s New and Pre-Construction Condo Update: February 2018

Miami’s New and Pre-Construction Condo Update: February 2018

Mar 26, 2018 March 26, 2018

Check out who scored a hat trick of accomplishments, which celebrity-backed pre-construction topped-off and who got approved for more (but smaller) condos. Read on for our February round-up on condo pre-construction news:

Closings Underway

Hyde MidtownMidtown

There was much to celebrate for Dezer Development and the Related Group this February. Not only did their ultra-luxury development start with closings, but also received its TCO and began the installation of curated artwork. A 410-unit and 60-key condo-hotel, residents here have access to a tennis court, bocce court, multiple pools, spa, lounge, private theater, retail spaces, resort’s amenities and more.

Prices for remaining residences start in the low $400s

Hyde Midtown

Jade SignatureSunny Isles Beach

At 96% sold, closings are underway for the 192-unit Jade Signature. The fourth Jade building by Fortune, amenities here include boat slips, private beach access with a full range of services, resort-style pool and deck, entertainment lounge with billiards, exclusive clubroom with kitchen, spa with relaxation zone, a coed Hammam, yoga deck and much more.

Prices for remaining residences begin at $4.8 million and 3,312 sq. ft.

Jade Signature

Top-off

One Thousand MuseumDowntown

The moment is finally here! Zaha Hadid’s last masterpiece just topped-off at 709 feet. The feat was celebrated with an on-site party and flag hoisting ceremony. Full completion is expected to take place by year-end. The ultra-luxury development brings its residents an 8th floor pool deck and fitness center, 9th floor spa and relaxation sky lounge, plus a 5,600 sq. ft. ground-level restaurant, among a host of other special features.

Prices range from $5.5 million to over $20 million, with a choice of half-floor units, two-story duplexes and full-floor penthouses

One Thousand Museum



Construction Underway

One River PointMiami River

Foundation work has begun for the 60-story, twin-tower One River Point. Once complete, this luxury development will be Florida’s tallest. FAA-approved to reach a height of 928 feet above ground; One River Point is all set to surpass its rival, the Panorama Tower at Brickell that stands 868-feet-tall.

Expected to go vertical in 2019, the project is designed by Uruguayan starchitect Rafael Viñoly. Highlights include a dramatic floating Sky Bridge connecting the towers, a signature waterfront restaurant, largest riverfront full-service pool, B&B Italia-furnished cabanas, a sculpture garden, pet spa, curated exhibition spaces and much more.

One river Point


Approvals

Missoni Baia - Edgewater

Developer OKO Group has the Urban Development Review Board’s approval to build a taller Missoni Baia with more units. According to approved design tweaks, buyers will have more choices with the number of units increasing from 146 to 249. The branded building will also feature 76 extra parking spaces bringing the total up to 399. To accommodate these tweaks, the tower’s floor plate will fan out from the current 771,000 sq. ft. to 838,000 sq. ft., and top-off five feet higher. Additionally, residences will go smaller in-keeping with the latest trend and demand for micro units.

Prices start at $500,000, with a choice of one to five bedrooms

Missoni Baia

Planned

Sunset Harbour condos by Deco Capital Group – South Beach

After purchasing the animal clinic at 1730 Bay Road, Deco Capital Group has all the pieces in its assemblage to develop a new mixed-use condo project. Plans for the lot include a structure with 12 condos, 20,000 sq. ft. of retail and parking. Developers intend to break ground some time in 2019.

Other Updates

Privé at Island EstatesAventura

Team Privé’s been on a roll since the beginning of the year. First, they announced the completion of both towers. Then, they won $26 million in litigations (read this blog for details). And now, they’ve nabbed a $50 million loan to finance their unsold inventory. With only 41 units remaining to be sold, developers have their bases covered.

Sitting on a private island, residents at Privé get to enjoy 70,000 sq. ft. of amenities. Highlights include interiors by Steven G, a huge art collection, two fitness centers, multiple pools, Jacuzzis, a café, hobby rooms, and guest suites plus private marina slips available for sale.

Prices for remaining units range from $2.5 million to over $12 million

Prive

Love what you see? Found a pre-construction that has you intrigued? Comment and subscribe to our blog for such updates and more.

Contact Sep Niakan
Founder, Condoblackbook.com & Owner/Broker, HB Roswell Realty
(786) 930-4220
contact@condoblackbook.com
Request Info
By sending you agree to CondoBlackBook's Terms of Use

Recent Posts

Miami Beach Luxury Condo Market Report Q3 2019
Real Estate News Miami Beach Luxury Condo Market Report Q3 2019
In our overall Miami luxury condo market report for Q3 2019, we saw an increase in sales, a decline in median prices, and heavy inventory keeping things in favor of the buyer. This report breaks down how the neighborhoods in Miami Beach and the barrier islands reacted over the quarter individually, as well as against the market as a whole. For the purpose of this report, we’ve included the sub-neighborhoods of South Beach, Mid-Beach, Sunny Isles Beach, Surfside, and Bal Harbour as part of this Miami Beach grouping. Also, this luxury condo market report only features properties priced $1 million and above. Miami Beach Market at a Glance Miami Beach Luxury Condo Market Q3 2019 Highlights: Miami Beach sales almost match Q3 2018 Sales trendline positive for all neighborhoods Year-over-year sales improve in South Beach, Surfside & Bal Harbour  Miami Beach price per sq. ft. is same as Q3 last year Surfside & Bal Harbour report highest jump in quarter-over-quarter median sales...
The Most Luxurious Condo Buildings in Coconut Grove
Real Estate News The Most Luxurious Condo Buildings in Coconut Grove
Coconut Grove is not just about rich foliage, but is also home to quite a few luxury condo residences. To get a taste of this historic neighborhood plus its plush properties, we’ve enlisted the 5 Most Expensive Condo Buildings in Coconut Grove and bonus pre-constructions that set the bar high for phenomenal living in the city. Why Choose Coconut Grove? Coconut Grove Main Highway. Photo courtesy of MiamiAndBeaches.com The partly coastal neighborhood of Coconut Grove is characterized by lush, tropical foliage and a relaxed Bohemian vibe. Its bouquet of rare boutiques, unique shops, colorful cafés, diverse restaurants, historical venues, lush parks, and easy access to water sports plus a nautical lifestyle make it a breezy neighborhood to live in. The Best of the Best Condos in Coconut Grove  Ritz-Carlton Coconut Grove – 3300, 3340, 3350 and 3400 SW 27th Avenue, Coconut Grove Avg. sales price $624 per sq ftBacked by the world-famous hospitality brand, this waterfront complex sits...
The Most Luxurious Condo Buildings in Brickell
Real Estate News The Most Luxurious Condo Buildings in Brickell
The Most Luxurious Condo Buildings in Brickell Brickell is where the business is – so it doesn’t come as a huge surprise that the neighborhood would house some of the finest residences to cater to a wide array of residents, spanning from globetrotting professionals to business moguls plus their families. Curious about the kind of high-end residences available for such global citizens? We’ve ranked the 5 most expensive, thus luxurious, condo buildings in Brickell below: Why Choose Brickell? Brickell is not only the second-largest banking hub in the States, but also home to several consulates, businesses and a majority of the offices in Miami. It is also serviced by all major public transportation systems in the city, giving it one of the highest transit scores of 98. It further ranks second on our most walkable neighborhoods in Miami study, with a near-perfect walkscore of 98, meaning most hotspots and conveniences can easily be reached on foot. In recent times, this financial...
Miami’s Can’t-Miss November, Thanksgiving and pre-Christmas Event List
Lifestyle Miami’s Can’t-Miss November, Thanksgiving and pre-Christmas Event List
This November, fall will be in full swing, and so will your social calendar. There’s a wide range of exciting events to choose from – a plant-based food and wine festival, a three-day music/party getaway, Miami’s signature auto show, the annual book fair, a jazz weekend, and more. Not to forget, Thanksgiving comes with its own delicious set of things to do. And, all the pre-Christmas wonderlands and staples will be opening up just in time to get you in the festive mood. Here are the details: Miami Entertainment Month: November 1 - November 30 Various venues across Miami If you didn’t get a chance last month, don’t worry! There’s one whole month of special discounts and offers to enjoy, as you check out the entertainment scene in Miami. Save on tons of things to do all month long - from jazz festivals to opera performances, sports events to nightlife specials, and tastings to shopping sprees. With discounts on plenty of events both in and out of the shade, have fun adding to your...
Miami Luxury Condo Market Report Q3 2019
Real Estate News Miami Luxury Condo Market Report Q3 2019
Covering the neighborhoods of Greater Downtown Miami (inclusive of Edgewater and Brickell), Miami Beach (inclusive of Surfside, Bal Harbour and Sunny Isles Beach), Coconut Grove and Coral Gables, plus Fisher Island, this luxury condo market report only features properties priced $1 million and above. Overall Luxury Condo Market Q3 2019 Highlights: Overall sales match Q3 2018 levels Sales trendline positive across neighborhoods, except Edgewater Year-over-year sales improve in South Beach, Surfside, and Bal Harbour Overall price per sq. ft. stays close to lows of 2018 Surfside and Bal Harbour report biggest jump in Quarter-over-quarter median sales prices Months of inventory fall short on momentum and match June-end levels, with Mid-Beach, Sunny Isles Beach, Greater Downtown, Coconut Grove and Coral Gables reporting declines Overall Luxury Condo Market Summary - Fig. 1.1 Overall Luxury Condo Sales Up Q3 sales trend positive with a boost in July, outperforming 2016 and 2017. For...
The Most Luxurious Condo Buildings in Sunny Isles Beach
Real Estate News The Most Luxurious Condo Buildings in Sunny Isles Beach
Sunny Isles Beach has been dubbed the branded-condo corridor of Miami, and not without reason. Pick up the list of its recent condo developments and you will find major global brands peppered through such as Porsche, Armani and Ritz-Carlton. Being curious about the kind of luxuries and amenities such major brand names bring to the neighborhood, we decided to list the five most expensive condo buildings in Sunny Isles Beach, along with an introduction to their world-class amenities. As a bonus, we’ve also listed the most highly anticipated pre-construction condos that could soon become one of the most expensive addresses in this coastal community. Why Choose Sunny Isles Beach? Sunny Isles Beach’s pristine white sand shoreline and casual, family-oriented vibe has always made it a top choice for exclusive living away from the city core. Locals have plenty of options to enjoy the great outdoors with the at-home Newport Fishing Pier to drop a line, next-door Haulover Beach Park for...