Miami’s New and Pre-Construction Condo Update: October 2019

Miami’s New and Pre-Construction Condo Update: October 2019

Nov 13, 2019 November 13, 2019

Supertalls took over pre-construction news this Halloween month. The tallest in the city – Okan Tower won construction approvals. The fourth tallest in Miami, Brickell Flatiron celebrated its completion milestone. The Turnberry Ocean Club, one of the tallest on the Atlantic Coast, topped off. And, the tallest in Edgewater, Missoni Baia snagged a $243 million construction loan. Read on for details on these and other condo pre-construction updates for the month of October below:

Completed

Brickell Flatiron - Brickell

Brickell Flatiron - Brickell


At 736 feet above ground, Brickell Flatiron now
stands complete. It is the fourth tallest building in Miami, just behind Panorama Tower (868 feet above ground), Four Seasons (around 800 feet), and the Southeast Financial Center (764 feet).

With closings beginning shortly, 95% of the tower is already sold out. The 64-story skyscraper is home to 527 ultra-luxury condo residences, offering high-end amenities such as a sky pool with lounge, rooftop gym and spa, urban oasis rooftop garden, billiards room, theater, cigar room, wine cellar, ground-level London-based Japanese entertainment restaurant, retail space, and more.

Prices range between $500,000 and $2.5 million, with a choice of one- to five-bedroom residences

Topped Off

Turnberry Ocean ClubSunny Isles Beach

Turnberry Ocean Club - Sunny Isles Beach


Topping off at 640 feet above ground, Turnberry Ocean Club now ranks amongst the tallest buildings to sit on the Atlantic Coast, according to its developers at Fontainebleau Development. The 54-story tower is home to 154 masterfully designed condo units by Carlos Zapata. With 70,000 sq. ft. of amenities spread across six floors, residents will be treated to a sky club with two pools and spas, a social and dining level, a spa and fitness level, coffee bar and reading lounge, kids' club, stock trading lounge, off-site Turnberry Marina, and much more.

Prices range between $3 million and $35 million, with a choice of three- to six-bedroom residences

Approved

Okan TowerDowntown

Okan Tower - Downtown


Another super-tall getting ready to compete for the crown of 'tallest in Miami' - Okan Tower
won approval on an expedited life and safety review part of its construction permit filed in September. Rising 890 feet above ground, the skyscraper will be home to 399 residential units (of which 236 will be condo-hotel), 316 hotel rooms, 65,828 sq. ft. of office space, and 2,915 sq. ft. of retail space.

Residents of the 70-story tower can expect a full spectrum of amenities including three swimming pools, a pool bar and lounge, a full-service spa with Hammam, screening room, cigar room, co-working spaces, kids' club, and more. The hotel rooms and condo-hotel will be managed by Hilton and be known as the Hilton Miami Bayfront.

Prices start at $359,000, with a choice of studios to three-bedroom residences

Other updates

Natiivo - Downtown

Natiivo - Downtown


As
developers submitted plans to the Urban Development Review Board this October, more details came to light on this Airbnb-backed condo-hotel project. The first-of-its-kind in South Florida, plans for this 51-story tower revealed the following:

  • Rising 588 feet above ground
  • Total of 604 units, of which 400 will be condo, with an average size of 782 sq. ft.
  • Approximately 137K sq. ft. of office and retail space
  • Nine-level podium with two lobbies, restaurant, retail, and driveway on the ground level; service area on the mezzanine level; valet parking on levels 2, 3, and 4; and office spaces on levels 5 to 8

Prices start at $300,000, with a choice of studios to three-bedroom residences

Missoni Baia - Edgewater

Missoni Baia - Edgewater


The OKO Group managed to secure a
$243 million construction loan for the completion of this branded, 57-story, 249-unit tower. Slated to be the tallest in Edgewater, rising 649 feet above ground, this is the first-ever residential project by the iconic, Italian fashion house of Missoni. Residents of this ultra-luxury, waterfront building will get access to 5 swimming pools, a flow-through pool deck with cabanas, one of Miami’s largest spas, a beauty salon, an elevated tennis court, children’s water features, and a bayfront boardwalk, among others.

Prices start at $500,000, with a choice of one- to five-bedroom residences

Park on FifthSouth Beach

The Park on Fifth - South Beach


After getting approvals in order earlier this year, developers have now
secured a $90 million construction loan for this 519-foot, condo-apartment tower. Becoming the second tallest in Miami Beach with a height of 557 feet above ground, the high-rise will house 337 residential units along with 49,360 sq. ft. of amenities. Developers Terra Group and Crescent Heights will also be building a three-acre public park next-door, which will be connected to the city's Baywalk via a pedestrian bridge. The park and condo will also share a 7,880 sq. ft. restaurant between them.



Which of these pre-construction buildings has you interested and why? Leave us a comment below to get the conversation started!

Contact Us
Sep Niakan
Broker / Team Lead
(305) 697-7667
sep@blackbookproperties.com
Request Info
By sending you agree to CondoBlackBook's Terms of Use

Your Miami Condo Awaits

Recent Posts

Introducing Downtown Miami’s Okan Tower - Luxury Miami Condos
Preconstruction Introducing Downtown Miami’s Okan Tower - Luxury Miami Condos
Meet Downtown Miami’s latest supertall condo tower that is sure to become an icon of the Magic City’s skyline for years to come - Okan Tower. With sales relaunched in November 2021 and buyers going straight to contract, after putting the project on hold, Turkish developer Okan Group is determined to make up for lost time. Back in action with revamped floor plans and the addition of an all-weather, glass-enclosed rooftop deck and observatory, the Okan Tower will feature 70 stories of luxury Sky Residences, world-class amenities, and 5-star Hilton Hotel & Resort. The Okan Residences Experience - Unfolding the Tulip Tower of Miami On track for a June 2022 opening, the condo-hotel marks Turkey-based Okan Group’s first development in the U.S. Designed by the Coral Gables-based Behar Font & Partners (the architects behind Quadro), the glass tower will feature a tulip-inspired façade as an ode to Turkey’s national flower. Certain to stand out on Downtown’s skyline, the skyscraper...
Video: Take a Walking Tour of Edgewater, Miami
Lifestyle Video: Take a Walking Tour of Edgewater, Miami
Having spent almost 17 years in this mainly residential locale, Blackbook Properties’ luxury condo expert Sep Niakan takes you on his bright and sunny morning walk through this Edgewater, Miami, one of the city’s most popular waterfront neighborhoods.   Filmed in December, with a balmy winter morning temperature of 79° F/ 26° C, this scenic walking tour takes you through Margaret Pace Park and onto the Venetian Causeway. Besides being popular among walkers, joggers, and runners, the bayfront Margaret Pace Park is also a hot favorite among dog lovers, picnickers, and sports enthusiasts. The 8-acre park features two lighted tennis hard courts, two sand volleyball courts, one basketball court, personal fitness equipment, a gated playground, and more. The Venetian Causeway connects the mainland to Miami Beach, and again, makes a scenic seaside escape to clear your mind or simply absorb the sights and sounds of Miami. Watch the video to walk along. If you want see available units...
Miami Condo Development Guide: 52 New Pre-Construction Projects in 2021
Real Estate News Miami Condo Development Guide: 52 New Pre-Construction Projects in 2021
It’s a trend we’ve been talking about since the last quarter of 2020 - waves of buyers are contributing to one of the biggest real estate booms in Miami history. As individuals and businesses escape high tax states like New York and California, and have the freedom to work from any location, luxury condo developers in Miami are announcing new project after new project.   Miami condo developers announced more than xx new and relaunched condo projects last year in 2021. In an attempt to appeal to a wide range of new residents, each new project aims to be taller, more luxurious, and offer the most exciting set of amenities imaginable, and could bring more than 10,000 residential units to Miami over the next few years. With the real estate market in Miami in one of its most lucrative cycles yet, here’s a look at the latest condo projects proposed in Miami in 2021 (till the time of this post): New Miami Condo Development Projects 2021 - Table of Contents New Downtown Miami Condo...
Get to Know Brickell, Miami: Comparing North Brickell vs South Brickell vs Brickell Key
Real Estate News Get to Know Brickell, Miami: Comparing North Brickell vs South Brickell vs Brickell Key
Brickell is one of Miami’s most desirable and popular neighborhoods, known the world over. Starting at the junction of the Miami River and Biscayne Bay, extending from Downtown Miami south along the water to the Rickenbacker Causeway that leads to Key Biscayne, Brickell is now known as the “Manhattan of the South.”  Indeed, Brickell is one of the world’s most important international financial hubs, home to many transnational companies and professionals from around the world. But Brickell is more than just Miami’s Financial District and the largest global banking center in the US south of New York. It’s an ultimate live, work, and play destination, and many celebrities have made their home in Brickell, including such Latin pop icons as Luis Miguel, Jennifer Lopez, and the late José José, as well as salsa legend Marc Anthony. To really get to know Brickell, and also know where you might want to live, Brickell actually consists of subdivisions that exist as distinctly different...
Video: Waldorf Astoria Residences, New Heights of Luxury Comes to Miami
Preconstruction Video: Waldorf Astoria Residences, New Heights of Luxury Comes to Miami
Combining the luxuries of New York City’s oldest hotel brand with Miami's first residential supertall tower, the Waldorf Astoria Residences Miami will transcend and transform luxurious living in Miami – all in the heart of Downtown. Moreover, a joint venture between the developers (PMG) and city will including expanding the green spaces in front of the luxury tower along Biscayne Boulevard, transforming the main boulevard of the Miami.  Waldorf Astoria Residences will be the tallest building south of Manhattan, transcending the skyline here and the heights of Miami luxury as we know it today.  Watch the video for more information.   Waldorf Astoria Residences Miami Key Details Groundbreaking: Early 2022 ​​Completion: 2025 Architecture by: Carlos Ott (conceptual artist) & Sieger Suarez (Miami’s award-winning architects). Designed to look like 9 offset crystal cubes, this sculptural condo-hotel is set to redefine Miami’s skyline. Interiors by: San Francisco’s...
Miami’s New and Pre-Construction Condo Update: December 2021
Real Estate News Miami’s New and Pre-Construction Condo Update: December 2021
Developers have turned bullish in Miami, and not without reason. Considering the booming luxury housing market with heightened buyer demand from the Northeast, California, and other high-tax areas, along with strong international interest as well, developers are on the fast track to bringing condo projects to life. This December, sales for Midtown’s Standard Residences and Smart Brickell’s third tower were launched. Downtown’s Aston Martin Residences topped out, becoming Miami’s tallest-ever condo (at least for the time being, before more supertalls top off). Developers announced a slew of luxury condo projects from Brickell to South Beach. Edgewater’s Aria Reserve and Downtown’s E11even Hotel & Residences filed for construction permits. Also, Melo Group bought an entire block in Downtown Miami, while Little River is ripe for redevelopment. Read on for details on these and more updates in our Miami condo pre-construction market roundup for December 2021:   December 2021 -...