South Florida Real Estate Blog

Kai at Bay Harbor Topping Off Ceremony

 

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Kai at Bay Harbor celebrated its official topping off yesterday. The ceremony was attended by the project’s developers, top brokers and a number of VIP guests. This is a very exciting construction milestone for the project, which will now move into is next phase of construction – the interior.

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Designed by renowned architecture firms Arquitectonica and BMA Arqs & Associates, Kai at Bay Harbor will offer 57 luxury waterfront residences along North Miami’s coast. The project is best described as luxury boutique living, worthy of the most exclusive lifestyle. Picturesque interiors finished with marble floors, top-of-the-line equipment and exquisite touches are set in idyllic surroundings, with dazzling views to the canal from each unit.

Learn more about Kai at Bay Harbor here: www.kaibayharbor.com

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Exclusive Developments Team at Expo Real Estate in Argentina

 

The One Sotheby’s International Realty Development Division team recently participated in the Expo Real Estate in Buenos Aires. Led by Executive Vice President Fernando de Nunez y Lugones, the team presented a number of luxury properties located in the South Florida area. Among these were Kai, Riva Fort Lauderdale, Metropica, The Mansions at Doral, and Gale Boutique Hotel & Residences. South America is one of ONE Sir’s primary target audiences for its luxury real estate properties and the team had an excellent time in Buenos Aires.

The Expo Real Estate is held annually as a forum for developers, real estate companies and leading industry vendors to showcase their projects all in one place. There are three formats: exhibition, workshops and 7 minute. Each of these is designed so the properties can be shared in multiple formats.

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One Thousand Museum’s 24-Hour Concrete Pour

 

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On Friday, August 21, One Thousand Museum held a 24-hour concrete pour with approximately 900 truckloads pouring 9,500 cubic yards of concrete. This was a major milestone for the construction of the project and completed the foundation work that began eight months ago. It also signals the beginning of vertical construction on the 62-story building.

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The concrete pour kicked off with a Friday night party, and more than 400 guests gathered to witness the event. Guests enjoyed a live DJ while sipping on cocktails and enjoying a Cuban buffet. Many even posed next to the concrete trucks bearing the One Thousand Museum logo, and it was also broadcast on Periscope for those that could not attend.

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Designed by internationally acclaimed architect Zaha Hadid, One Thousand Museum will feature 83 exclusive units in Miami’s Museum Park neighborhood: half-floor, full-floor and duplex residences. Every residence at One Thousand Museum faces Biscayne Bay, offering residents expansive breathtaking views of both the water and Museum Park.

To see more photos of the event visit our Facebook page.

For more information visit the official website.

Riva Ft. Lauderdale Presents The River Loft

 

We are excited to introduce this very unique unit at Riva with more than 8,500 interior square feet. The most interesting and innovative one-of-a-kind waterfront residence in Fort Lauderdale, The River Loft curves above 250 feet of shoreline on the picturesque Middle River. No other building in Fort Lauderdale can offer a unit like this one.

As the only residence on the entire 2nd and 3rd floors, The River Loft offers the ultimate retreat. A private elevator brings you from the lobby into the large open space with 16-foot high walls of glass facing the park across the river. Or, park in your private two-car garage with direct secure access to the unit.

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The indoor living space with two-story walls of glass extends over 150 feet, including a custom kitchen, dining and entertaining areas. Nearly every room in the unit has large windows featuring river views, which highlight the luxurious finishings found throughout.

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Four spacious bedrooms are spread out between the two floors, each with its own walk-in closet and en suite bathroom. The main level bedroom wing offers a two-story master suite, with an added bonus of his and her closets.

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An 83-foot long terrace, 25 feet above the water creates more than 2700 square feet of terrace space and includes a dining area, summer kitchen and personal pool deck, inviting residents to relax outdoors.

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The River Loft may be purchased ready to move-in or prepared for your custom design. This impeccable unit is truly one of a kind; there is nothing on the water like The River Loft.

ONE Sir Breaks The Mold As Top Real Estate Firm

 

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At ONE Sir we are proud to break the mold once again. The company has recently been named number one in the nation in multiple real estate performance categories that prove that we are the industry leader across the board. Our team of nearly 500 agents keeps breaking records throughout South Florida while simultaneously providing the best service possible service to the luxury clientele sector.

In addition to representing the best developments and luxury homes in Miami-Dade and Broward Counties, our latest accomplishments include:

#1 in the nation by average home price – ONE Sir associates sell homes at the highest average price of any of any brokerage firm in the United States.

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#1 in sales volume per agent – ONE Sir is the top real estate firm by average production per associate in Miami Dade and Broward Counties.

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#1 in luxury condo sales – ONE Sir is the top brokerage firm for all condos sales over $1 million in Miami-Dade and Broward Counties.

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Habitatplus Florida Celebrates One-Year Anniversary

 

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Habitatplus Florida celebrated their one-year anniversary at the Metropica Sales Gallery in Sunrise. It was a great event with more than 300 attendees. The guests were welcomed by Metropica developer Joseph Kavana and the publishers of Habitatplus Florida, and invited to sip on cocktails and nibble appetizers. Inside the Sales Gallery, miniature models of the project and example interior design elements by Yoo Design Studio were on full display. The event spotlighted the urban lifestyle of Metropica.

Habitatplus Florida is a bimonthly publication dedicated to real estate, architecture, design, art and decoration. The magazine offers its readers a variety of content. Featuring interviews, investigations, reports and profiles; Habitatplus seeks to deliver a high quality publication.

A master-planned community in West Broward, Metropica is a vibrant, dynamic, urban neighborhood that redefines the metropolitan hub in a tropical-chic setting all its own.

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New Renderings of One Thousand Museum

 

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One Thousand Museum presents its latest renderings. An ultra luxury high-rise, One Thousand Museum sits at the nexus of South Florida’s most desirable destinations, just minutes from South Beach and the Brickell financial district.

The 62-story building, designed by internationally acclaimed architect Zaha Hadid, is currently under construction. It will feature only 83 total units on Miami’s Museum Park: half-floor, full-floor and duplex residences. Every residence at One Thousand Museum faces Biscayne Bay, offering residents expansive breathtaking views of both the water and Museum Park.

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One Thousand Museum will be the only residential tower in Florida with a helicopter pad on its rooftop. Private security concierges will also be assigned to the units at One Thousand Museum. Other amenities available to residents include a screening room, event spaces, indoor pool and a cigar lounge and more on the top of tower amenity zone. The Sunrise and Sunset pools are on the podium amenity level, embracing the 360-degree nature of One Thousand Museum.

For more information visit the official website.

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2015 Trends Mid-Year Update Now Available

 

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ONE Sotheby’s International Realty released the 2015 Trends Mid-Year Update Real Estate Report. Created to provide updated insight into key luxury markets, the 2015 Trends Mid-Year report is a snapshot of South Florida real estate. The comprehensive report examines Miami-Dade and Broward County markets in depth, including short descriptions of YTD trends by specific neighborhood, statistics and prices.

In Miami-Dade a diverse array of housing options are available from single-family homes to townhomes and condominium properties. Miami-Dade continues to prove itself a globally significant property market attracting buyers from throughout the Americas and beyond. To date, 935 transactions have occurred, with an average price per square foot of $445. Fifteen homes were sold for $10M+, with an average price in that category of approximately $15.96M. Reports for Miami-Dade County are centered in Miami’s North End, South End and Downtown, Miami Beach and Miami Islands.

The Broward County reports include Western Suburbs, North End, South End and East Fort Lauderdale. Overall, the luxury market in Broward County had a large number of single-family home transactions, reflecting its size and suburban character. It is seen as a more affordable alternative to Miami-Dade. To this date, 193 homes were sold for between $1M and $5M, accounting for 9.8% of total transactions.

For more detailed information on specific properties or to find out about the current state of our high-end markets reach out to our ONE Sir realtors.

Read the full individual reports here:

Broward: Western Suburbs 

Broward: North End

Broward: South End

Broward: East Ft. Lauderdale

Miami-Dade: North End

Miami-Dade: South End

Miami-Dade: Downtown Miami

Miami-Dade: Miami Beach

Miami-Dade: Miami Islands

First Round of Contemporary Brands Announced for Brickell City Centre

 

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Brickell City Centre has announced its latest retailers – Cole Haan (footwear, outerwear, accessories), lululemon athletica (fitness apparel), Illesteva (handmade sunglasses), Harmont & Blaine (casualwear) and OndadeMar (swimwear), who will join other luxury tenants in a 500,000 square-foot shopping center. The contemporary retailers will occupy spaces on the second and third floors. Approximately 90 percent of the shopping center is in advance negotiations, says the developer.

A mix of American and international brands addresses one of the key goals of Swire Properties Inc. in developing Brickell City Centre. Swire hopes to create an integrated collection of luxury and contemporary brands to appeal to the diverse mix of shoppers found in Miami, from international visitors to locals.

“Announcing this next round of retailers demonstrates how great our reach is in meeting the needs of both our luxury-minded shoppers as well as our local shoppers who desire more contemporary brands,” Debora Overholt, senior retail director at Swire Properties, said in statement.

The next wave of announcements will include a portion of the food and beverage tenants set to open at Brickell City Centre. There will be fine dining, casual fare and new international brand options, keeping with Swire’s objective to create an unprecedented mix of offerings.

Read the Miami Herald article here.

The Philanthropic Side of Real Estate

 

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JMH Development LLC has embraced and advanced a new trend in the real estate market for selling high-end properties. The developer, currently working on the Three Hundred Collins project in Miami, has pledged to donate to charity for each unit sold. JMH has partnered with charity: water, a nonprofit organization providing clean water to communities in developing countries, pledging to donate $20,000 for each seven-figure condominium sold at Three Hundred Collins. Specifically, the donations will go to the Relief Society of Tigray (REST) in Ethiopia and Splash (formerly A Child’s Right) in Nepal. Through this partnership JMH Development is bringing clean, safe water to more than 650 Ethiopian and Nepalese locals. Previously, companies have donated a lump sum upon completion of a project; JMH is one of the first to base donations off individual unit sales. As a selling strategy, charitable donations make projects and their developers stand out to the community. Socially conscious buyers will appreciate this move toward global responsibility, while those drawn to the building already are given extra incentive to purchase units.

Jason Halpern is the Founder and Managing Partner of JMH Development. In his personal life Halpern commits time and resources to charitable programs. He is heavily invested in the Joel A. Halpern Trauma Center at Westchester Medical Center, a Level I Trauma Center. The Trauma Center offers a number of services including open-heart surgery, orthopedic surgery and care for burn victims and pregnant women.

JMH Development was featured in a Wall Street Journal article about donating to charity: water. Read the full article here.

For more information on Three Hundred Collins visit: http://300collins.com.