Residential

Living on Brickell Key, Miami

Brickell Key, Miami is an exclusive island with a variety of condos and amenities. With so much to offer, the island is sure to appeal to today's most discerning condo buyer. Consider some of the factors that make this a prime location for a condo investment. Condominiums are the primary component of Brickell Key real estate. Some of the most famous condos include Carbonell, Courvoisier Courts, and Three Tequesta Point. These buildings were constructed in the 1990s, have twenty to thirty floors, and feature nearly three hundred total units. The size of a unit can vary depending on which floor it is on, the developer's floor plans, and development location. Ample distance between each building ensures a peaceful, private environment. Some developments such as the Tequesta condos are connected, which leads to a larger complex with additional features. Newer condos include Asia, Isola, and St Louis.  No matter which development you choose on Brickell Key, you are sure to be pleased with bountiful amenities, facilitating both work and play. Catering to residents' physical and athletic needs, many buildings feature pools, gyms, squash courts, tennis courts, racquetball courts, and more. For convenience and security, developments often feature below-ground parking structures. Conference rooms and banquet halls are ideal for gatherings, movies, and presentations.  Residents in Brickell Key condominium developments often have complimentary access to all of these amenities. Additional amenities such as massages, spa services, and onsite dining are offered by many buildings, but typically have fees associated. Residents can register guests at the front desk for overnight periods to secure parking passes. When you are looking for a condo, make sure to consider which amenities are critical to your goals and lifestyle.  Does it sound like a property on Brickell Key may be ideal for you? Contact us today to discuss what features would make a condo "home" for you. 

Paraiso Bay of Edgewater: Miami Condominium Spotlight

Paraiso Bay is a set of twin, 53-story, luxury high-rise condominium towers in the Edgewater community of Miami, FL. Each of these condominium buildings are host to 325 stunning, waterfront residences on Biscayne Bay. Paraiso Bay has an extraordinary architectural style all its own, designed by Arquitectónica; this exclusive condominium is one of South Florida’s most distinctive high-rise buildings. Paraiso Bay is a masterpiece in the making with interiors designed by United Design of London and landscape architecture by Enzo Enea of Zurich. With the Wynwood Arts & Entertainment District at your doorstep and Biscayne Bay as your backyard, Paraiso Bay has found the perfect balance of relaxation and adventure in the Magic City. Paraiso Bay Amenities: With over three acres of fourth level, elevated amenities this new luxury waterfront condominium is sure to please. Paraiso Bay homeowners can enjoy the circular, zero-entry heated swimming pool, an outdoor spa and lush tropical gardens all along the beautifully landscaped resort terrace deck. There is also an elegant clubroom with billiards, a catering kitchen and multimedia facilities for use by the residents. Other amenities include a tennis center with two courts, a state-of-the-art, fully equipped fitness center overlooking the pool deck resort area and a health spa with men and women’s steam and sauna facilities. Residents and guests can also relax in the private screening room with state-of-the-art audio visual equipment and theater-style seating. With so much to offer, words can't do justice to the elegance found at Paraiso Bay. If you are ready to experience the true South Florida living lifestyle, please contact us today to get a VIP Tour of the condominiums for sale at Paraiso Bay in Miami, FL.   Image Resource from ParaisoBay.com

Miami Real Estate Developer Ugo Colombo Talks Concrete and Condominiums During Brickell Flatiron Foundation Pour

Ugo Colombo is one of South Florida’s most influential developers. From Milan, Italy, he came to the United States in 1983; three years later founding CMC Group, a fully-integrated real estate development company. Colombo has created many luxury properties—Epic Residences and Hotel, a condominium and hotel; the Santa Maria and Bristol Tower; Grovenor House in Coconut Grove; Porto Vita, a Mediterranean-style village in Aventura; and Beach House 8, a boutique condominium on Miami Beach. He owns The Collection, a top performing luxury car dealership housed at 4000 Ponce, an office/retail space. Currently, Colombo is developing Brickell Flatiron, a 64-story glass tower with 549 residences within walking distance from Brickell City Centre – and it’s preparing to go vertical.  Last weekend, Colombo and a crew of about 700 construction workers from general contractor Moss & Associates effectively stopped traffic for 24-hours in the heart of Miami to conduct a massive concrete foundation pour, which paved the way for vertical development to begin. We sat down with Colombo during the massive operation to get his insight on his approach to design and development. Here’s what he had to say: Q:  How would you describe your approach to the development process? A: Maybe it’s my Italian blood, but I prefer to take painstaking measures that ensure every project detail falls into place. I believe that my work is a reflection of my values, so I get very involved in the entire development process and rarely take a back seat. I am committed to seeing a well-thought-out vision executed through quality design. My ultimate goal with any project is to build timeless, livable works of art. Q: What is your favorite part about the development process? A: The process of selecting the materials and finishes. I am a stickler for perfection, so we travel to Italy to hand select interior materials, finishes and customize the cabinetry. Upscale European design, innovative technology, and top-of-the-line appliances is what our customers have come to expect. I appreciate those who appreciate the effort and time we put into our buildings, so I always go the extra mile. Q: What do you think sets your buildings apart from other developments? A: Our commitment to quality & innovation. We take our time on each project, paying attention to every single detail from the finishes to the technology. Attention to the smallest details has become CMC Group’s mark of distinction. Buyers recognize that our projects are built to last. Q: What is your favorite building feature at Brickell Flatiron? A: The 64th floor rooftop amenities level. As one of the tallest residential buildings in Miami, the rooftop at Brickell Flatiron houses an incredible pool, spa and fitness center. Soaring 700 ft in the sky provides spectacular views that can be appreciated even while running on the treadmill. Q: What is your design philosophy? A: I always begin building from the inside-out. I feel that quality & effortless functionality are the essential ingredients of a memorable, elegant living space. Q: What is your vision for Brickell Flatiron A: Once complete, Brickell Flatiron will be a retreat in the center of one of the most desirable parts of Miami. We’re not offering gimmicks; we are offering a high-quality product, timeless design, and an unmatched location. Our buyers will benefit from the prestige of living in Brickell – a brand synonymous with an upscale, urban lifestyle – which is known on an international level and is sure to maintain its reputation and value. Q: Last queston: favorite Brickell eatery? A: Zuma. Not just because it is located in one of my developments (EPIC Residences & Hotel). It really has some of the best sushi I have ever tasted. During the pour, the strip of SE 11th Street between the project site and the sales center was temporary closed and normal traffic flow did not resume until pouring concluded late Saturday evening.  When it was all said and done, nearly 150 mixing trucks carrying 1,250 truckloads rotated in shifts to bring approximately 12,500 cubic yards of concrete weighing more than 50 million pounds into a massive excavated hole for the tower’s concrete mat, which sits on top of 700 100-foot-deep steel pilings. Upon its completion in 2019, Brickell Flatiron will be one of the tallest residential towers in the U.S., Hovering 736-feet above street level. With its distinct flatiron shape and prominent position at the epicenter of downtown Miami’s Brickell Financial District, the 549-unit building was designed by architect Luis Revuelta and interior architect Massimo Iosa Ghini of Italy’s Iosa Ghini Associati.  Units range from 1- to 5-bedroom condos, with a limited collection of penthouse and duplex residences available, measuring up to 6,246 square feet in size. All units will be adorned with the finest materials, including Italian-made custom cabinets, stainless steel appliances, Italian marble floors, high ceilings with recessed lighting, custom Italian doors, energy-efficient windows, and glass balcony railings. Brickell Flatiron’s 64th-floor rooftop Sky Spa, Sky Pool and Sky Gym will offer residents inspiring 360-degree panoramic views of Biscayne Bay and downtown Miami’s glimmering cityscape. Residents will have access to a host of therapeutic services and other offerings including private steam, sauna and locker facilities, and a 6,300 square foot state-of-the-art fitness center with Pilates, yoga and aerobics studios. Additional features will include a resort-style lap pool and children’s pool on the 18th floor, access to the Flatiron Theater with stadium seating, an executive meeting room, a billiard and cigar room, a wine cellar, a 24-hour concierge and parking valet, on-site vehicle washing and detailing, and electric car-charging stations. Unit prices range from $465,000 to $2.5 million, with penthouses priced up to $15.5 million. For more information about Brickell Flatiron, including preconstruction sales opportunities, please contact Cervera Real Estate at 305.400.7400, or visit the project’s sales & design gallery at 1001 South Miami Avenue, Miami, FL 33130. Learn more at www.brickellflatiron.com. 

ICON South Beach | Miami Condominium Development Spotlight

As construction completed in late 2004, acclaimed architect Phillippe Starck saw his vision for ICON South Beach come to fruition. As the sixth tallest building in Miami, it is designed to promote a luxury lifestyle, enhanced by water and city views from every residence. Nine floor plans featuring one to six bedrooms are offered across the building’s 289 residences, ensuring that there is a layout to suit nearly any taste, goal, or need here. Regardless of which floor plan you choose, you are sure to find only the finest features and materials. Although each unit was constructed to the taste of the original buyer, nearly every residence in the building features high quality porcelain or marble in every room. Residents also enjoy modernized kitchens, with granite countertops and custom cabinetry. The bathrooms have not been overlooked either, with ample marble throughout. The building’s opulence is conveyed upon entering the Starck-designed lobby, which features breathtakingly high ceilings and luxurious finishes. Residents at ICON South Beach enjoy an array of resort-style amenities as well, including two pools, a billiards room, a library, well-equipped fitness center, event rooms, and meeting rooms for business and recreation. There are multiple services accessible to ICON residents as well, such as a concierge, receptionist, 24-hour security, valet parking, and even a dry cleaner service, among others. Pet-lovers will be happy to know that domesticated cats and dogs are welcome in the residences with no size or weight restrictions. Rentals are available at ICON South Beach, with a minimum of six months for any leases, and no more than two leases per year. Does ICON South Beach sound like the luxury Miami condo development for you? Contact us today to learn more about the condominiums for sale at ICON South Beach in Miami, FL.

This Week in Luxury: Cervera's Blanquita Rivero tops list of Miami-Dade's priciest condo sales

At the top of Miami-Dade luxury condo sales last week was unit LPH4S at Oceana Key Biscayne, a lower penthouse with two bedrooms, two bathrooms and ocean views. Listing agent Blanca Rivero of Cervera Real Estate closed the $3.42 million deal after the unit spent 194 days on the market, proving that failure cannot cope with patience and persistence. Its purchase price breaks down to $2,004 per square foot. Oceana Key Biscayne was completed late 2014. The sleek glass tower designed by Arquitectonica sits directly on the beach facing the Atlantic Ocean. Its 142 residences vary in size from 1750 Square Feet to 7500 Square Feet.        

Closings underway at Bjarke Ingels-designed Grove at Grand Bay; Only 1 PH available

Grove at Grand Bay will soon start recording closings, marking the first new condo tower for Coconut Grove in more than a decade and the first in the United States for Danish starchitect Bjarke Ingels. Terra Group completed the 98-unit, twin 20-story development at 2675 and 2669 South Bayshore Drive, developer David Martin told The Real Deal. It’s sold out with the exception of a penthouse currently asking $28 million. Cervera Real Estate is handling sales for Grove at Grand Bay, which launched in 2012. Martin said that about half of buyers are domestic, including empty-nesters looking to leave their homes in the Grove, Coral Gables and Pinecrest. The remaining 50 percent are international buyers relocating to South Florida. Among them are Fortune 100 CEOs, doctors, attorneys and entrepreneurs, Martin said. The building has its temporary certificate of occupancy with closings set for this week. Interior build-outs should be completed within three months, and move-ins expected for the next four to six months, he said. Units range from 1,300 square feet to the 10,000-square-foot, full-floor penthouse. Prices ranged from about $1 million to $14 million, excluding the penthouse. The glass towers are also conducive to art in a project that includes about $1.2 million of artwork in common spaces, he said. Ingels designed the twisting towers along with architect John Nichols of Nichols Brosch Wurst Wolfe & Associates. “Bjarke maybe did 100 study models of the building,” Martin said about the design. Raymond Jungles handled the landscaping, which includes roughly 500 trees and more than 15,000 plants. Amenities will include rooftop pools, a spa and gym, a pet spa and a bicycle space for every resident. The project is aiming for LEED Gold certification. Coconut Grove has come into the spotlight as of late with a focus on commercial activity. The demand for office space outpaces the supply, Martin said, and the restaurant and retail scene is also changing: the Shops at CocoWalk sold to Federal Realty and local partners; and Panther Coffee, Kit and Ace, and Harry’s Pizzeria are all new tenants to Coconut Grove.

Cervera CEO inks record-breaking $23 million sale for vacant land on Indian Creek Island

Veronica Cervera Goeseke, CEO of Cervera Real Estate, represented the buyer, along with her son Nickel M. Goeseke. The $23 million sale of the vacant lot at 2 Indian Creek Island Road marks the highest price ever paid for vacant land on Indian Creek Island. Indian Creek is a private playground for the ultra-wealthy, with just about three dozen homes, each with waterfront views on lots in excess of an acre. Among its residents are some of America’s 500 wealthiest people, according to Forbes, including activist investor Carl Icahn, car dealership mogul Norman Braman and hedge fund manager Eddie Lampert. Still other residents include singer Julio Iglesias, retired Dolphins coach Don Shula, Colombian banker Jaime Galinski, Turnberry Associates co-CEOs Jackie Soffer and brother Jeffrey Soffer and Spanish-language TV personality “Don Francisco,” whose real name is Mario Kreutzberger.

Cervera's Le Parc in Brickell receives Fannie Mae approval, making home ownership easier for first-time buyers

Le Parc, a luxury condo tower in the Brickell neighborhood, has received conditional Fannie Mae approval in an attempt to open the project to local buyers.  Qualified buyers at Le Parc can now purchase units with as little as 10 percent, sales director Jacqueline Regnault of Cervera Real Estate toldThe Real Deal. Cervera is handling sales for Le Parc, a 12-story, 128-unit tower.

Cervera brings on new exec to help corner Asian market

In a bid to further tap markets abroad, Cervera Real Estate has hired Frank Peng as its new vice president of Asian business development. Peng is a veteran of the cruise industry, where he helped leisure giants like Royal Caribbean International and Norwegian Cruise Line expand their businesses as a corporate strategist. Most recently, he started his own firm facilitating Chinese investment with a focus on U.S. real estate. His new role at Cervera will be much the same: Peng will lean on his existing contacts to bring in business for the brokerage. He’ll also help lay the groundwork for Cervera to open a pipeline to China, making sure that a potential buyer’s cultural needs are met, Jesse Ottley, Cervera’s president for development sales told The Real Deal. The hire comes amidst economic turmoil in Asia, where a volatile stock market has brought the health of China’s economy into question. That in turn has bred fear of Chinese investment dollars drying up after two years of heavy outflow into U.S. markets like New York City.  Ottley said the opposite could be true. He said the “true motivators” — security, quality education for their children and economic stability — will continue to drive Chinese buyers into the U.S. “The second there was a bump in the markets we saw a significant jump in interest,” Ottley said. “For the real buyer, this country represents tremendous stability.” In Miami, brokerages and developers had turned their attention toward China as a possible replacement for weakening South American markets — though the region has not yet seen the flood of activity that New York has. Cervera’s Peng hopes to change that. He said in a news release that he’ll work to improve Miami’s popularity among Asian buyers, enough so to rival major markets like San Francisco and New York City.

Veronica Cervera lists full floor of St. Regis Bal Harbour for $28M

The entire 26th floor of the north tower at the St. Regis in Bal Harbour is on the market for $28 million. It’s also for sale as three separate units, for $12 million, $11 million and $6 million, totaling $29 million, said Cervera Real Estate CEO Veronica Cervera Goeseke, who has the listing. “It’s one of the rare opportunities where you can buy an entire floor in South Florida,” Cervera Goeseke told The Real Deal. In all, the full-floor condominium has 13 bedrooms, 13 bathrooms and five half-baths, with panoramic views of the ocean and Intracoastal Waterway, according to the listing. The 14,420-square-foot property, which includes units 2601N, 2602N and 2604N at 9705 Collins Avenue, also has 4,323 square feet of terraces. The price breaks down to $1,942 per square foot. “It can work well for a family, and it’s a great way to have the ability to have the family together, and have their own apartments,” Cervera Goeseke said. Cervera Real Estate had handled pre-construction sales and marketing for the St. Regis four years ago, with sales totaling $1.2 billion, she said.

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