Virginia Gardens
REAL ESTATE
372-condo tower coming to Miami’s Overtown
PMG Residential, Lion Development Group and LNDMRK Development are building a 372-condominium tower in Miami’s Overtown neighborhood, One West Twelve Residences (ONE W12). Over half of the property’s units were sold in the first month of sales, which are being led by PMG Residential. Residences start at $300,000 and include fully furnished studio and one-bedroom units, plus a limited number of one-, two- and three-bedroom townhomes. Features include integrated kitchens with custom countertops, backsplashes and under-mount sinks; custom shades; Miele appliances; and Italkraft kitchen and bathroom cabinetry.
Miami Penthouse Hits Market at $75 Million
A stunning Miami penthouse in the 54-unit Rivage Bal Harbour is listed at $75 million, one of the most expensive to hit the market. The Miami penthouse at 10245 Collins Ave. in Bal Harbour features five bedrooms, seven bathrooms and three powder rooms. The interior space measures 12,603 square feet, while the exterior covers 4,918 square feet, totaling 17,521 square feet. Unique features include a multi-level terrace, a private outdoor pool, a media room, a game room, a library/lounge, a fitness studio, an outdoor kitchen and a private elevator.
This Colossal 100-Story Building Will Soon Become Miami’s Tallest Skyscraper
As it stands now, Brickell’s Panorama Tower is the tallest skyscraper in the whole of Miami. In fact, the impressive 868-foot-tall structure holds the title for the tallest in Florida and the tallest residential building south of New York. Talk about a bird’s eye view!. However, among the...
Real Estate Mogul Stephen Ross Steps Down: Related Companies CEO Announces Retiremen
Stephen Ross, the principal owner of the Miami Dolphins NFL team and the Hard Rock Stadium in Miami, is stepping down as the head of the real estate firm he founded Related Companies. The 84-year-old billionaire said he will now concentrate on working in the South Florida real estate market.
Pools with a View - Summer’s Favorite Amenity
Amid the array of amenities that modern condos offer, one feature stands out as the ultimate offering for basking in the sun and glorious freedom of summer: a pool with a view. Four new South Florida properties are upping the ante on the season’s favorite amenity, offering an experience that blends relaxation, aesthetic pleasure, and a sense of escape that is unparalleled.
Major Downtown Miami Redevelopment Sites Up For Grabs
Colliers has been named exclusive listing broker for 2200 Biscayne, a one-of-a-kind 2.04-acre prime covered land opportunity for high-density redevelopment in the epicenter of Edgewater. Colliers Vice President Virgilio Fernandez and his team represent the owner in marketing the property. 2200 Biscayne is a premier redevelopment opportunity in Edgewater, Miami’s...
UDRB to Review Plans for 39-Story Residential Tower at 2534 North Miami Avenue in Wynwood
Miami’s Urban Development Review Board has received an application for a 39-story multifamily residential tower at 2534 North Miami Avenue in Wynwood. The approximately 437-foot-tall building, proposed by 2534 N Miami Associates, LLC, an affiliate of New York-based Hidrock Properties led by Abraham J. Hidary, is designed by Arquitectonica and will feature landscape design by Gardner + Semler Landscape Architecture. The development aims to rise under the Live Local Act, featuring 364 residential units, 781 square feet of commercial space, and 326 parking spaces, yielding a total floor area of 436,934 square feet.
Lee & Associates South Florida Welcomes Oscar Musibay as Vice President
Getting your Trinity Audio player ready... Lee & Associates South Florida strengthened its team of office real estate specialists with the arrival of Oscar Musibay as Vice President. Based in Miami, Musibay focuses on office landlord agency and tenant representation throughout the tri-county area. Musibay will work closely with Lee...
PROFILE Exclusive: 12 Questions With Developer of ELLE Residences Robert Thorne of UNCG
It is not every day that a globally renowned fashion and lifestyle media brand teams up with a Miami-based real estate developer to bring a world class luxury condo to the Magic City. Real estate developer Robert Thorne, CEO of Urban Network Capital Group (UNCG), recently teamed up with Elle, in partnership with Vertical Developments, to launch Elle Residences Miami, a luxury condo combining the brand’s signature Parisian influence with Miami’s vibrant culture. Robert has nearly 20 years of experience in the Florida real estate housing market in Florida, catering to demand for condo-hotels and flexible homeownership investments, with new construction properties in Brickell and Orlando. PROFILEmiami had the exclusive opportunity to sit down with Robert Thorne, CEO of Urban Network Capital Group (UNCG) and developer of Elle Residences Miami to delve into his background, his philosophy on development, and the exciting projects he is currently working on in Florida:
Developer Group Given Go-Ahead for N. Miami 11-Story Apartments/Retail
NOMI Holdings Group 2 LLC has been granted North Miami’s approval to build an 11-story, 103-foot tall tower with 90 one-bedroom apartments, 150 two-bedroom apartments, about 22,000 square feet of retail space, 339 parking spaces, and about 11,000 square feet of green space. The mixed-use project, called Urbania NoMi...
39-Story Tower Wynwood Tower Approved
Hidrock Properties and Robert Finvarb Cos. plan to build a 39-story tower on the 0.55-acre site at 2534 N. Miami Ave. The group bought the site for $13 million, which currently has a two-story commercial building. The 39-story tower, totaling 436,934 square feet, would have 336 apartments, 7,781 square feet...
Florida reverse mortgage lender opens new office in Miami
Florida’s Best Reverse Mortgage Company has opened a new office in Miami, expanding its presence in Southeast Florida. The office, located at 4300 Biscayne Blvd, Suite 203, will serve as a hub for current and prospective clients to learn about and utilize reverse mortgages. The lender said the expansion is part of its effort to better serve senior homeowners in Miami and Southeast Florida.
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