South Florida Real Estate Blog

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.

Brickell City Centre Celebrates the Urban Side of Swim Week

 

On July 16 Brickell City Centre took part in Miami Swim Week by hosting its own swimwear fashion show, asking attendees to experience the urban side of swim week. Brickell City Centre partnered with local boutiques Nic del Mar and Capretto Shoes to supply top designers looks for the show. The venue was filled with top brokers and trendsetters sipping on summer cocktails and nibbling on light bites while models strutted the runway and presented the latest styles. The show included bathing suits and cover-ups with strong geometric patterns.

Nic del Mar is an online store and a boutique in Coral Gables, created by sisters Jeannette Nicole and Lyanne Marie, as one stop the shopping ground for high-end beachwear. They sell Miami Swim Week notable brands Tori Praver and Mara Hoffman in addition to a number of other designers.

Capretto Shoes, open since 1983, has set itself apart from other South Miami independent boutiques by featuring a curated selection of shoes and handbags from top high-end designers.

This was an incredible opportunity to showcase the type fashion that will live at Brickell City Centre, including brands such as Valentino and Chopard.

Model wears Zimmermann Marisol Bonded Wire One Piece with V-wire neckline, shoestring straps and centre front cutout detail.

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Model wears Oye Bane one piece deep V-neckline with sheer panels in geometric pattern in front and back.

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Brickell City Centre Adds Valentino and Chopard to Retailers

 

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Brickell City Centre has added to its list of retailers, announcing that it will feature lavish stores for Valentino and Chopard. The two luxury brands, iconic Italian fashion house Valentino, and exclusive Swiss watch and jewelry designer Chopard are scheduled to open in Fall 2016. Both stores will have street-accessible first floor locations. Valentino’s store will be approximately 1,800 square-feet, and Chopard will occupy a 1,500 square-foot area. Brickell City Centre’s 500,000 square-foot open air shopping center is anchored by Saks Fifth Avenue and will include exciting entertainment and dining options, such as dine-in movie theater Cinemax and rooftop bar Sugar, with more announcements planned for the near future.

Brickell City Centre is a $1.05 billion, 5.4 million square-foot mixed use project developed by Swire Properties, partnering with the Whitman Family Development and Simon Property Group. The project also includes two condo towers, two office buildings and a hotel in addition to the four-story retail space.

For more information on Brickell City Centre contact our sales team.

Fadia Bassi, Director of Sales

305 297 8727

fbassi@onesothebysrealty.com

ONE Sotheby’s Named Number One Brokerage Firm in America

 

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The 10th annual The Thousand was recently released by REAL Trends in partnership with The Wall Street Journal, and ONE Sotheby’s International Realty was named the top brokerage firm in the nation by average sales price.

In 2014 ONE Sotheby’s achieved record sales, with an average sales price of $1.4 million. The firm was also named on of the nation’s Top Movers by volume due to its 52 percent increase in sales from 2013 to 2014. REAL Trends is the undisputed leader of ranking residential real estate services firms, agents and teams. They require independent verification, making them a trusted source for real estate performance information.

The Thousand is divided into six categories, each listing the top 250 designees. The Thousand designees are recognized as the top one half of one percent of more than 1,100,000 licensed REALTORS® nationwide.

“These leading real estate sales professionals have shown that in up markets, down markets and flat markets, they know how to grow and prosper. 2014 was actually a down year in unit sales, yet these top performing sales agents and teams increased their business and their market share,” said Steve Murray, publisher of REAL Trends The Thousand.

This year’s list included a number of ONE Sotheby’s team members. Congratulations to those individuals and teams on a job well done!

2015 Individuals by Sales Volume

Saddy Delgado

Lana Bell

Jo-Ann Forster

Jorge Uribe

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2015 Teams by Sales Volume

The Waterfront Team – Mirce Curkoski, Albert Justo, Adriana V. Hernandez

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2015 Teams by Average Price

The Waterfront Team – Mirce Curkoski, Albert Justo, Adriana V. Hernandez

The DS Team – Dina Goldentayer, Sladja Stantic

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2015 Individuals by Average Price

Ralph Arias

Anna Sherrill

Silvia Olivera

Albert Justo

Jorge Uribe

Kevin Tomlinson

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One SIR Visits Latin America to Present Exclusive Developments

 

South Florida real estate is a popular market for Latin American buyers. Recently, members of the ONE Sir team visited our Sotheby’s affiliates in Argentina, Peru and Brazil. They met with top brokers and investors to showcase some of South Florida’s prime luxury projects including BBC, Riva, Mansions at Doral and Metropica. We had a great time working with our Latin American affiliates and bringing more attention to these exciting projects in a sophisticated market.

The team presented to a full room of brokers and investors in Argentina.

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Our team co-hosted a high end wine tasting event with our Sotheby’s Peru affiliate while presenting the South Florida properties to interested parties.

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In Brazil presentations for the properties took place in the in Bossa Nova Sotheby’s office in Sao Paulo.

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Executive Vice President with ONE Sotheby’s, Fernando de Nunez y Lugones prepared for client presentations while admiring the Bossa Nova Sotheby’s International Realty office in Sao Paulo.

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For more information on any of our projects, contact the ONE Sotheby’s Sales Team or visit our website at www.onesothebysrealty.com

ONE SIR to Exclusively Represent The Mansions at Doral

 

ONE Sotheby’s International Realty has been chosen to manage all sales and marketing efforts for The Mansions at Doral. According to The Real Deal, Century Homebuilders Group and Devtov are developing the 66-unit community, which includes eight model home types and 35 floor plans.

JC Tovar, President of Devtov, said of ONE Sotheby’s, “We are certain that the firm’s global reach will be instrumental in The Mansions at Doral gaining International exposure in new markets.”

With over 100 customizable features, unique design, and modern architecture, The Mansions at Doral promises to be unlike any other new luxury residential community in the area.

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Fernando de Nuñez y Lugones, Executive Vice President with ONE Sotheby’s said, “No stone has been left unturned for buyers at the Mansions at Doral, allowing them a large palette of options to customize their home at their discretion.”

Homes will range from 3,300 to 6,425 interior square feet, with four to nine bedrooms, European style bathrooms, and high-quality kitchens. Residents will enjoy a private clubhouse retreat, access to a green park with bike trails, and 24-hour security. Residences at The Mansions at Doral are now available, with prices starting from $1.2 million.

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For more information on The Mansions at Doral, contact the ONE Sotheby’s Sales Team, or visit our website at www.onesothebysrealty.com

ONE Sotheby’s International Realty Evening Soirée Recap

 

Earlier this week, ONE Sotheby’s invited agents to tour four of their current listings throughout Coral Gables and Coconut Grove. A luxurious limo bus provided by Aventura Limo picked up the agents at the ONE Sotheby’s International Realty Coral Gables Office to chauffeur them to each home. At each stop agents enjoyed wine, champagne, sushi, and other light bites while exploring the home. The entire event was covered live via social media, each post with the hashtag #OneSirCrawl.

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The first stop on the tour was 580 Puerta Avenue, represented by Mayi de la Vega and Gabriela Dajer. The Key West style home boasts six bedrooms, five full, and two half bathrooms, an open floorplan, and high ceilings. Sitting on a large, landscaped lot, this home has a listing price of $4,250,000.

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The second property on the tour was 6801 Granada Boulevard, a two-acre corner waterfront lot home designed by architect Alfred Browning Parker. Represented by Dennis Carvajal, this one of a kind home has eight bedrooms, seven full, and one half bathrooms and a listing price of $8,495,000.

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Next up was Al Arostegui’s listing, 3930 Hardie Avenue. Made for entertaining, this home boasts a spacious kitchen and impressive informal dining room. Seven bedrooms, eight full and one half bathrooms, and a three car garage complete this listing priced at $3,500,000.

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Last stop on the tour was Jill Penman’s listing, 3317 Toledo Street. Also know as “Gran Villa Toledo”, this 1928 Mediterranean Estate was designed by legendary architect, Phineas Paist. With six bedrooms, five full and one half bathrooms, the 21 room Coral Gables landmark property is priced at $3,245,000.

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For more information on any of these listings, contact the ONE Sotheby’s Sales Team or visit our website at www.onesothebysrealty.com