Miami’s New and Pre-Construction Condo Update: January 2020
Feb 13, 2020 February 13, 2020
South of Fifth's Ocean Park became the first preconstruction to launch sales in 2020. North Miami Beach’s Eighty Seven Park started closings. And, Legacy in the Arts & Entertainment District is bringing the first-of-its-kind rooftop atrium to Miami. Read on for details on these and more Miami preconstruction condo updates below:
Residents, including tennis superstar Novak Djokovic, are a step closer to enjoying their units as closings started in January for this oceanfront building. Designed by the Pritzker Prize-winning Renzo Piano, this boutique condo stands 18 stories tall with a total of 70 designer residences. Amenities at this luxury development include a two-acre private park, swimming pool with cabanas and towel service, Enoteca wine lounge, outdoor natural juice bar, salon, full-time botanist, gym and spa.
Prices range from $2 million to $18 million, with a choice of one- to five-bedroom residences.
Developers Multiplan Real Estate Management launched sales for their South of Fifth, boutique luxury condo Ocean Park. The four-story, boutique development will deliver spaces designed by Revuelta Architecture International with interiors by Marcela Lombana. Housing only 10 luxury condos, residents will have access to a second-floor amenity deck featuring a 36-foot pool, poolside summer kitchen, spa, Jacuzzi, and outdoor dining area plus lounge. Planned as a self-funding project, developers are aiming for a December 2021 completion.
Prices range from $1.5 million to $6.8 million, with a choice of two- to three-bedroom residences.
Another offering by Multiplan Real Estate Management, 57 Ocean is already 50% presold as it goes vertical. This Arquitectonica-designed building is set to rise 18 stories along Mid-Beach’s pristine oceanfront. Once complete, residents of the exclusive 81 luxury condos will be privy to a private resort spa, two infinity-edge swimming pools overlooking the beach, a club room with chef’s kitchen and summer kitchen, outdoor bar and lounge, library, a children’s room, indoor Technogym, an outdoor MyEquilibria gym, plus poolside and beachfront concessions service.
Prices range from $6.95 million to $8.5 million, with a choice of two- to four-bedroom residences. Penthouses range between $15 million and $35 million.
With its foundation poured in January, the 57-story waterfront tower is ready for its vertical ascent. This is the first-ever residential project by the Italian fashion house of Missoni. Designed to become one of the tallest in Edgewater, its seven-story parking garage has already topped off. Once complete, residents of this 249-unit high-rise will live surrounded by five swimming pools, a flow-through pool deck with cabanas, an elevated tennis court, one of Miami’s largest spas, a beauty salon, children’s water features, and a bayfront boardwalk, among other amenities.
Prices start at $500,000, with a choice of one- to five-bedroom residences.
This unique Airbnb-backed condo-hotel project is already 50% presold just after a few short months of launching sales. Developed by the co-founders of Newgard Development Group and Crescent Heights, the tower has gained popularity for its flexible rental program that allows buyers to rent out on any home-sharing network like Airbnb.
The 51-story tower is set to feature a total of 604 units, 400 of which will be condo residences. Expected to break ground this year, the mixed-use project will include 137k sq. ft. of office and retail space, a nine-level podium with two lobbies, a restaurant, and a retail component. Residents can expect access to amenities such as an exotic resort pool with cabanas, a Peloton studio, yoga lounge, co-working spaces, private meeting rooms, and much more.
Prices start at $300,000, with a choice of studios to three-bedroom residences.
Want to know more about one of these new Miami condos in development, or interested in getting a place of your own in one of these pre-constructions? Call one of our top Miami realtors today at (786) 930 4220.