November 08, 2013
More information on the Armani House by Cesar Pelli has emerged. The new condo development in Sunny Isles Beach is planned for a 4.9-acre oceanfront lot near 190th Street and Collins Avenue. The project will include two 55-story towers, with a total of 500 luxury condos.
Designed by renowned architect Cesar Pelli, the exclusive Armani House condos will contain 2 to 4 bedrooms and 1,550 to 3,200 square feet of living space. Prices will range from 800 dollars to 1,400 dollars per square foot, putting the beachfront residences at 1.2 to 4.5 million dollars.
Armani is the latest brand to be connected to a residential project in Sunny Isles Beach. Other notable brands include Porsche Design at the Porsche Design Tower Miami and Fendi Casa at the Mansions at Acqualina.
For more information on luxury condos in Sunny Isles Beach, contact Niki Higgins at 1-888-242-4422.
Source: South Florida Business Journal
(Pictured: Mansions at Acqualina)
September 27, 2013
The proof continues to roll in; the real estate market in South Florida is recovering. The Porsche Design Tower Miami just received a 214 million dollar construction loan. It is the largest loan for a new condo project in South Florida since the real estate crash.
The Porsche Design Tower Miami is an ultra-luxury condo tower in Sunny Isles Beach. It features 132 units and one-of-a-kind “auto elevators” to transport cars to “sky garages” located right outside of the exclusive residences. Scheduled for a 2016 completion, the innovative tower already has sales contracts totaling 550 million dollars. This accounts for two thirds of the units.
Developer Gil Dezer stated, “This is extremely positive news for real estate financing and the recovery of the residential real estate market in South Florida.”
After the real estate crash, commercial banks withdrew from construction lending. Now that the market is booming, lenders have started to finance new construction projects again. Lenders are specifically looking to back successful developers with projects in ideal locations. In addition to the Porsche Design Tower Miami, the Mansions at Acqualina in Sunny Isles Beach also received a 160 million dollar loan.
For more information on new construction in South Florida, contact Seaside Properties Group at Douglas Elliman at 1-888-242-4422.
Source: Miami Herald
February 08, 2013
The Mansions at Acqualina luxury oceanfront penthouse is the most expensive penthouse in the country, according to a national market report by the Real Deal. The Penthouse takes luxury to a level we may not have ever seen before.
If you like the finer things in life, the condominiums and penthouse at The Mansions at Acqualina are for you. Located in Sunny Isles Beach, the new hot spot for luxury living, the Mansions at Acqualina are luxurious and nothing less than magnificent.
The Palazzo D’Oro (penthouse), a 15,000 sq. ft., six bedroom and eight bathroom duplex located on the 47th and 48th floor was recently put on the luxury real estate market for fifty five million Dollars.
Fendi Casa, a luxury furniture store in Miami, is furnishing the Penthouse with five million dollars of furniture. The pool will be transparent giving the illusion of dangling over the beach. The front door of the Penthouse is a pivoting wall, there is a stadium-style movie theatre, a 25-foot waterfall, leather and maple walls as well as a glass-encased wine cellar.
The luxury condo building is under construction at this time and will be finished by 2015.
Source: The Miami Herald