Tag Archives: Miami Beach

Huge Raw Lincoln Road Triplex Penthouse Lists For $29M

Totally flaunting the traditional mold of the Miami luxury penthouse this 28,000 square foot triplex on Lincoln Road is not waterfront, completely raw inside, smack dab in the middle of South Beach, only on the 6th through 8th floors, and zoned for either residential or commercial use.

Listed for $29 million, an even $5 million less than that record breaking sale at the Marriott Edition, it comes with two ten-thousand square foot interior floors, the upper one with 14 foot ceilings, and an eight thousand square foot roof deck, which brokerbabble claims can be an “expansive garden, pool and/or entertaining area,” …assuming of course the building has been engineered to support the weight of a pool. Renderings of a possible buildout show a skylit atrium and staircase with a vertical garden, a large infinity pool, and soaring views across the rooftops of South Beach. The floating staircase is already there. But the absolute killer amenity is, of course “the option to purchase naming rights for the entire building.” Move in, and name it after yourself.

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Miami Beach residents ‘won’t pay a penny’ for convention center, attorney says

With the Miami Beach City Commission poised to select a winner of two teams vying for its $1.2 billion convention center bid July 8, attorney Al Dotson, who represents South Beach ACE, pledged that residents “won’t have to pay a penny” for the project, Daily Business Review reported.

The city decided last year to partner with a developer to redevelop the city-owned 52-acre site that includes the boxy convention center, the site of Miami’s annual Art Basel; the Jackie Gleason Theater and the city botanical gardens.

The city would issue bonds to pay for half of the project, its share financing the cost of expansion and renovation of the convention center, public parking and landscaping. The bonds would be paid with a 1 percent resort tax, convention center revenue and parking fees.

The private partner will contribute a hotel, retail space and private parking and pay rent on an under the ground lease near the rent-rich outdoor Lincoln Road mall.

South Beach ACE, which consists of New York-based Tishman Hotel & Realty and Miami Beach-based UIA Management, with Rem Koolhaas’ OMA as architects, is competing for the project against Portman CMC, a partnership between Atlanta-based Portman Holdings LLC and Miami-based CMC Group Inc. that boasts Bjarke Ingels Group as its lead architect. [Daily Business Review]Emily Schmall

 

 

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Luxury Miami Real Estate Broker Howard Chase Real Estate Lists Monster 5 Bed Condo at Acqualina

Luxury Miami Beach real estate broker Howard Chase Real Estate listed unit #3903 at the esteemed condo development Acqualina in Sunny Isles today for a whopping $4.3M.

Miami Beach, FL (PRWEB) November 09, 2012

The new listing represents one of the largest available units in the building at 4,415 square feet.Located at 17885 Collins Avenue, Acqualina has gained immense popularity among Brazilian and Russian buyers since the project launched in 2006. Acqualina offers the absolute best in luxury waterfront condos in Sunny Isles, and has supplanted Jade Beach and The Trump Towers for the status as leading luxury building in Sunny Isles among international buyers. Howard Chase Real Estate power agent Lianne Graubart took the listing. Graubart, who also has a $6.9M penthouse listed at The Harbour House at 10275 Collins Avenue in Bal Harbour has seen a growing trend of international buyers looking for luxury condos in the oceanfront areas of Bal Harbour, Sunny Isles Beach and Mid-Miami Beach.

“My clients have often been getting full price for their oceanfront Miami Beach condos because of the quality of the construction in the buildings and our supreme marketing capabilities designed to reach the International buying crowd around the world, particularly Brazil, Argentina and Venezuela.” States Graubart. Howard Chase Real Estate broker Howard Chase also remarks, “Our celebrity clients, including Enrique Iglesias, who recently rented Graubart’s Harbour House Penthouse #1601 listing to shoot the video for his new song Finally Found You, have been buying up as much as they can. They buy, and in turn, encourage their friends to buy Miami Beach oceanfront property as well.”

As Miami and Miami Beach real estate developers continue to capitalize on the South Florida Real Estate recovery with new construction, Brokers like Howard Chase Real Estate are at the forefront, ready to serve the international contingent. Along with Acqualina, Harbour House and numerous other oceanfront condo listings, HCRE has listed and sold more than $11M this year in South Beach’s Continuum and continues to lead the market in South Beach oceanfront luxury real estate.

Howard Chase Real Estate is located at 1354 Washington Avenue in South Beach. Please contact HCRE at 305-532-7470, howard(at)howardchaserealestate(dot)com or http://www.howardchaserealestate.com if you are interested in buying or selling opportunities in Miami and Miami Beach.

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Families Unite to Play Real-Estate Market


A growing player in the real-estate market is the so-called family office, in which an ultra-high-net-worth family joins with another wealthy family to buy investment property.

In life, two families can be joined by marriage. In real estate, two families can be joined to make money.

A growing player in the real-estate market is the so-called family office, in which an ultra-high-net-worth family — typically with more than $100 million in assets — joins with another wealthy family to buy investment property.

Despite having ample cash, these families are looking for partnerships in order to lessen their exposure to risk: If real-estate values were to tank, for instance, losses would be spread out over at least two parties, rather than one family incurring the entire hit. Some families are also concerned about future returns on equities and are investing more cash in tangible assets.

“It’s really in the last 18 months that I’ve seen families articulate this and some of them act out on it,” says Charlie Grace, a senior consultant for the Family Office Exchange, a membership, research and consulting organization for family offices and their advisers.

Globally, 82% of family offices that invest in real estate purchase actual properties, rather than solely investing in real-estate funds, according to Preqin, an alternative-asset data provider. That is slightly up from a year ago. Numbers are scarce for joint ventures, though Regis Metro Associates, a national real-estate investment and advisory firm for family offices, projects that hundreds of these deals will be signed through early next year. Continue reading

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Gorgeous Unit Available Now! 1535 Meridian Ave- Miami Beach


PRICE: $159,000
BEDS: 0 BATHS: 1
SQUARE FT: 403

SAY HELLO TO LINCOLN ROAD! STROLL TO LINCOLN OR THE BEACH FROM THIS TOP FLOOR ART DECO ON 16TH/MERIDIAN. WOOD FLOORS, REMODELED BATH, EAT-IN KITCHEN, WALK-IN CLOSETS AND MORE .. PERFECT FOR INVESTOR – SOLD FULLY FURNISHED! LOW MAINTENANCE, EASY IN, EASY OUT – PICK UP THIS UNIT BEFORE SOMEBODY ELSE DOES!

HOWARD CHASE REAL ESTATE
P: 305 532-7470
F: 305.532-7471
E: howard@howardchaserealestate.com
Address: 1354 Washington Avenue Suite #220
Miami Beach, FL 33139

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Bill Joel’s Miami Mansion On The Market


In the spirit of, er, honesty, we have to lament that Billy Joel’s Miami mansion, which just hit the market for $14.75 million, is a little much. When it comes to the opulent details, our favorite six-time-Grammy-winning “Piano Man” (pictured below) has clearly pulled out all the stops. The sheer amount of marble, limestone, wrought iron — and crystal dripping from the ceilings in chandelier form — almost borders on excessive.

But here at AOL Real Estate, we’re not opposed to a dash of frivolity here and there (who could forget NYC’s penthouse with a slide?). And Billy Joel’s Mediterranean-style manse of is right up there with the best of them. Silk drapes, plush oriental rugs, polished marble floors and dramatic staircases adorn this 8,881-square-foot home. Outside, you can enjoy lush, Spanish-style paved courtyards, a luxury pool and spa with cabana, a deep-water dock, and more than 150 feet of direct water frontage on Biscayne Bay. (It’s built on star-studded La Gorce Island, which has also been home to Shakira and rapper Lil’ Wayne).

Jorge Uribe and Joanna Berg of ONE Sotheby’s International Realty have the listing

House of the Day: Billy Joel’s Miami Mansion, 15 May 2012, By Aol Real Estate Editors, Retrieved from http://realestate.aol.com/blog/2012/05/15/house-of-the-day-billy-joels-miami-mansion/

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Available Now!! The Cosmopolitan-110 Washington- Miami Beach

PRICE: $615,000
BEDS: 2 BATHS: 2.5
110 Washington Avenue #1308
Miami Beach, Florida 33139
SQUARE FT: 1,247

LARGEST FLOOR PLAN IN THE COSMOPOLITAN! SPECTACULAR 2 BED 2.5 BATH PLUS DEN WITH A LARGE PRIVATE TERRACE BOASTING MORE THAN 250 SQ FT OF OUTDOOR SPACE! GORGEOUS LAYOUT FEATURING A WIDE OPEN KITCHEN, STAINLESS STEEL APPLIANCES, GRANITE COUNTER-TOPS  WASHER & DRYER IN UNIT AND MARBLE FLOORS THROUGHOUT. ALSO INCLUDES 2 TANDEM PARKING SPACES AND INVALUABLE STORAGE SPACE. THIS UNIT IS A MUST SEE! LOCATED IN COVETED SOUTH OF 5TH, JUST A 2 BLOCK STROLL TO THE BEACH, THE BEST RESTAURANTS IN SOUTH BEACH AND SOUTH POINTE PARK. A+ ELEMENTARY SCHOOL DISTRICT!

HOWARD CHASE REAL ESTATE
P: 305 532-7470
F: 305.532-7471
E: howard@howardchaserealestate.com
Address: 1354 Washington Avenue Suite #220
Miami Beach, FL 33139

 

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