Miami Condo Market and Lifestyle Updates
Miami’s New and Pre-Construction Condo Update: October 2018

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

by Sep Niakan | November 30, 2018

This October, Brazilian billionaire José Isaac Peres launched sales for his waterfront 57 Ocean condos. We had two condo towers receiving their TCOs. And, Derez Development dropped hints of building another condo tower in Sunny Isles Beach, as it picked up waterfront land worth $31.7 million. Read about all this and more, below:

Completed

The Harbour North Miami Beach

The Harbour - North Miami Beach

The Harbour’s 213-unit south tower is ready to receive residents as it acquired its Temporary Certificate of Occupancy this October. The north tower too is expected to get its TCO soon enough. The 32-story, eco-serene towers have a total of 425 luxury condo units between them. Amenities include an aromatherapy trail surrounding the waterfront towers, a full-scale Aqua Club with water sports, private beach club, waterfront restaurant, outdoor Vita Course, playgrounds, indoor-outdoor Lush Spa, social lounge, dog park and much more. With only eight units left to be sold at the south tower, closings will begin this November.

Prices start from the $500,000s and range to $1.2 million, with a choice of one-, two- and three-bedroom residences plus penthouses and two-story villas

Canvas Arts & Entertainment District

Canvas - Arts & entertainment District

Another completed condo project that received its TCO this October is the Canvas. The 513-unit luxury tower is the largest of its kind for this vibrant neighborhood. Amenities at the 37-story tower include sunrise-sunset pools, Zen treatment rooms, a ground-level restaurant, rooftop bar, eco-friendly gardens, yoga gardens, multi-media screening rooms, a sky-high 100-foot dog park and over 200 original works of art by 22 renowned street artists adorning its common spaces. Only 15% of the tower remains unsold and closings are to begin soon enough.

Prices range between $390,000 and $654,000, with a choice of studios, one- and two-bedroom residences

Topped Off

30 Thirty North Ocean Fort Lauderdale

30 Thirty North Ocean

The 5-story, boutique 30 Thirty topped off this October. On track for a June 2019 completion, the 24-unit condo building comes with two parking spaces per residence, a two-story Club House with adjoining resort-style pool, gazebos, spa and membership to the Club at Harbor Beach Marriott Resort & Spa.

Prices range between $1.25 million and $1.55 million, with a choice of 2,100 to 3,100 sq. ft. three-bedroom residences

Concrete Pour

The Fairchild Coconut Grove

The Fairchild - Coconut Grove

After breaking ground this summer, the only new waterfront development in Coconut Grove moved ahead with a concrete pour for its first elevated deck in October. The Max Strang-designed, tropical oasis will come up with 26 residences. Amenities include a rooftop pool with cabanas, wellness spa with Turkish bath, floating dock with paddleboards, private boat slips, bayside lounge, outdoor cinema, private dog park, serenity gardens, rainforest path and more.

Prices start at $1.6 million, with a choice of two- to four-bedroom plus den residences

Sales Launched

57 Ocean Mid-Beach

57 Ocean - Mid-Beach

José Isaac Peres launched sales for Mid-Beach’s newest waterfront condo building this Halloween month. Coming up in place of the Marlborough House, this luxury project will rise 18 stories and house 81 condo units. The $2 million sales center is scheduled for completion in time for Art Basel and the building should break ground somewhere in March 2019. Amenities include an outdoor yoga deck, spa with thermal suite, infinity pools, third floor sundeck, pool bar and lounge, club room, library, vertical gardens, underground parking and more.

Prices range between $1.5 million and $31 million, with a choice of two- to four-bedroom residences

Other Updates

The Estates at Acqualina Sunny Isles Beach

The Estates at Acqualina - Sunny Isles Beach

The ultra-luxury Estates were in the news this October for two reasons. One, its developers have requested the FAA for an approval to build a taller tower at a record-breaking height of 692 feet above ground. And two, the $1.5 billion project secured a $558 million loan from the Bank of the Ozarks. The remainder of the financing will come from buyer deposits and developer equity.

Stellar amenities at this waterfront, two-tower ultra-luxury condo project include a lobby designed by Karl Lagerfeld, an ice-skating rink, golf simulator, Wall Street trader’s clubroom, bowling alley, Formula One racing simulator, FlowRider wave simulator, soccer field, dog park, multiple infinity pools, beachfront restaurant and more.

Prices range between $4.2 million and $14.5 million, with a choice of three- to seven-bedroom residences. Penthouses start at $32 million.

Dezer Development – Sunny Isles Beach

An entity tied to Dezer Development just picked up an acre of waterfront land worth $31.7 million in Sunny Isles Beach. The Publix-owned site at 18320 Collins Avenue sits adjacent to long-time owned properties by the company. This brings up the total waterfront acreage owned by Gil Dezer (including this latest parcel) to 4.5 acres. According to a report, documents filed with Miami-Dade County suggest that Dezer Development could be planning a condo tower with a marina component on the waterfront parcel.

So, would you like to see another luxury condo come up in Sunny Isles Beach? Comment below and let us know!

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