Miami Condo Market and Lifestyle Updates
95% of All Units Have Been Sold at the Soon-to-Be-Finished Biscayne Beach Luxury Condo Tower

95% of All Units Have Been Sold at the Soon-to-Be-Finished Biscayne Beach Luxury Condo Tower

by Sep Niakan | May 28, 2015

As the property value of real estate in Miami is constantly going up, a new luxury condo tower is already underway in East Edgewater.

Biscayne Beach, a 51-story, 399-unit condo tower along Biscayne Bay is already passing its fifth floor in construction. Contractors expect to complete one floor every week for the next 40 to 50 weeks. The project is expected to finish construction in 2016.

Eastview Development, a real estate development firm based out of South Florida, and GTIS Partners, a global real estate investment firm based out of New York City, are partnering up for Biscayne Beach.

With 95% of their units already pre-sold, there are only a few penthouses left for sale. At 12,000 square-feet in size, the tower offers the penthouse owners 12 to 14 foot ceilings, outdoor living spaces, excellent views of Miami, and private rooftop terraces with swimming pools and outdoor kitchens. The penthouse units are priced at $2 million and up. 

 

Source: thenextmiami.com

Photo credit: Biscayne Beach - thenextmiami.com

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