#Acqualina Condominium
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homemaxrealty · 1 year ago
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AI-Powered Property Search for Estates at Acqualina Sunny Isles Beach Real Estate Deals
The prestigious Mansions at Acqualina is world class 47-stories luxury oceanfront condominium tower with just 79 expansive private villa furnished residences. #Acqulina #LuxuryResidences #LuxuryCondos Read the full article
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binaskopo35 · 4 years ago
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bal harbour real estate
A Beautiful Sunny Isles condominium Are Found on the lands of both this Acqualina along with Turnberry Colony. Due to a decline in prices, an oceanfront condo in these areas has had latest sales, making the recessive financial situation anything of their previous year. bal harbour real estate is one of a kind and to delight in most of its beauty and facilities, lots of men and women have manufactured this peaceful village their own home. As soon as the last census took place, it had been unearthed that more than three thousand people have been residing. This provides a rate of almost ten million people for every square mile, even higher than a number of cities.
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miamibeachbroker · 6 years ago
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Acqualina Condominium & Hotel | Ultra-Luxury Residences For Sale & Rent
New Post has been published on https://www.mii.miami/acqualina-17875-collins-avenue-sunny-isles-beach/
Acqualina Condominium & Hotel | Ultra-Luxury Residences For Sale & Rent
Acqualina Ocean Residence
17875 Collins AvenueSunny Isles Beach
Greatness in art, architecture and lifestyle is our commitment at Acqualina Resort and Spa on the Beach. The Mansions at Acqualina take this to an even loftier level. Here you will discover lavishly appointed residences in an exquisitely tall, iconic building. The unparalleled amenities and world-class services include an elegantly designed, amenity-rich pool deck, breathtaking public spaces, eleven private outdoor sanctuaries for homeowners, and thirteen exceptional indoor amenity areas.
Units: 97 Stories: 43
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DESCRIPTION OF ACQUALINA
Acqualina Condo Tower Features
Computerized, security controlled high-speed elevator system, including custom designed elevator CABS with private access to most residences
Grand entry foyer with coffered ceiling
Wine chiller beneath wet bar with matching cabinet panel & granite top
9′ and 10′ ceiling heights
Front load washer and dryer with cabinets above
24-hour security
Ocean to Intracoastal and bay see-through floor plans
Security system with key pad
Solid-core wood entry doors and interior doors
Decorative crown molding and baseboards throughout
Private, oversized balconies with glass and metal railings
Wall safe in master bedroom
Dedicated line for computer
Central water filtering system
Private tenant storage
Bicycle storage
 Acqualina Custom – Designed Kitchen
European cabinets with under counter task lighting
Sub-Zero 48″ built-in refrigerator/freezer with cabinetry front panels
Double bullnose granite countertops with full back splash
Gaggenau oven
Separate microwave
Gaggenau four-burner cook top with custom, stainless steel hood
Gaggenau dishwasher with stainless steel washing compartment and matching cabinet panel
Franke satin-finish, stainless steel sink featuring polished deck and designer faucet with pullout spray and soap dispenser
3/4 HP garbage disposal
Instant hot and cold water dispenser
Acqualina Master Suite Features
Elegantly appointed master baths
European cabinetry with imported, double-bullnose marble countertops
Wainscot high marble walls in master bath
Imported marble flooring throughout bathroom
Luxury Whirlpool tub surrounded in marble
Frameless, glass-enclosed shower with niches and marble bench
Designer faucets and hand held massaging shower head
Architectural niches
Decorative window highlights and ocean views
Kohler elongated toilet
Kohler bidet
Acqualina Resort and Community Features
Elevated winding entry through a grand archway and iron gates
Elegant “sense of arrival” enhanced by an Italian-inspired, European-style piazza featuring bell towers, multi-arched porte-cochère, cascading fountains and antique statuary
Magnificent two-story European Spa overlooking the ocean
A beautiful Fitness Center complimented by a full array of state-of-the-art exercise equipment
His and Her locker rooms, complete with sauna, steam, massage, etc.
Choice of three outdoor pools: an infinity-edge pool reaching out to the ocean, a second pool at the private, on-site Beach Club with attendants available, and a third for private relaxation
Poolside bar & grill
Gourmet signature restaurant with outdoor terrace dining
Board room and meeting room
Multi-function room
Business center
Sundry store
Acqualina Additional Features
Golf and Tennis at the Williams Island Country Club
Williams Island Marina
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CONDOS FOR SALE
CONDOS FOR RENT
RECENTLY SOLD
CONDOS FOR SALE
2 Bedroom Units for Sale in Acqualina 17875 Collins Avenue, Sunny Is
CityCondo NameUnit NumberBedsBathsLiving AreaYear BuiltPriceTotal Pic
Sunny Isles Beach
Acqualina
2503
2
2.5
2035
2006
$2,490,000
21
3 Bedroom Units for Sale in Acqualina 17875 Collins Avenue, Sunny Is
CityCondo NameUnit NumberBedsBathsLiving AreaYear BuiltPriceTotal Pic
Sunny Isles Beach
Acqualina Ocean Residence
3102
3
3
2214
2006
$2,699,000
23
Sunny Isles Beach
Acqualina
2602
3
3
2214
2006
$2,679,000
9
Sunny Isles Beach
Acqualina Residences
1202
3
3
2214
2006
$2,599,000
31
Sunny Isles Beach
Acqualina
1901
3
4.5
2735
2006
$2,499,000
7
Sunny Isles Beach
Acqualina
502
3
3
02006
$2,400,000
11
Sunny Isles Beach
Acqualina Ocean Residence
2605
3
3
2214
2006
$2,350,000
36
Sunny Isles Beach
Acqualina Ocean Residence
3605
3
3
2214
2006
$2,349,000
40
Sunny Isles Beach
Acqualina Ocean Residence
3203
3
3
2031
2006
$2,280,000
35
Sunny Isles Beach
Acqualina
1705
3
3
2214
2006
$2,225,000
35
Sunny Isles Beach
Acqualina
2305
3
3
2214
2006
$2,199,500
35
Sunny Isles Beach
Acqualina Ocean Residence
3305
3
3
2214
2006
$2,190,000
35
Sunny Isles Beach
Acqualina
3105
3
3
2214
2006
$2,155,000
36
Sunny Isles Beach
Acqualina Ocean Residence
702
3
3
2214
2006
$1,999,000
35
Sunny Isles Beach
Acqualina Ocean Residence
3402
3
3
2214
2006
$1,999,000
17
Sunny Isles Beach
Acqualina ocean residence
1905
3
3
2214
2006
$1,998,000
69
Sunny Isles Beach
Acqualina Resort & Spa
4102
3
3
2214
2006
$1,875,000
65
Sunny Isles Beach
Acqualina Ocean Residence
4002
3
3
2214
2006
$1,850,000
28
4+ Bedroom Units for Sale in Acqualina 17875 Collins Avenue, Sunny Is
CityCondo NameUnit NumberBedsBathsLiving AreaYear BuiltPriceTotal Pic
Sunny Isles Beach
Acqualina Resort
PH4601
5
5.5
5775
2008
$6,990,000
28
Sunny Isles Beach
Acqualina Ocean Residence
PH4801
6
6.5
5402
2006
$6,500,000
58
Sunny Isles Beach
Acqualina Residences
3903
4
5.5
4415
2006
$3,899,000
29
Sunny Isles Beach
Acqualina
2306
4
4
2736
2006
$2,900,000
86
Sunny Isles Beach
Acqualina
2501
4
4.5
02008
$2,725,000
40
Sunny Isles Beach
Acqualina
3401
4
4
2736
2006
$2,699,000
24
Sunny Isles Beach
Acqualina
1606
4
4
2736
2006
$2,500,000
61
CONDOS FOR RENT
3 Bedroom Units for Rent in Acqualina 17875 Collins Avenue, Sunny Is
CityCondo NameUnit NumberRent PeriodLiving AreaBedsBathsPets AllowedPriceTotal Pic
Sunny Isles Beach
Acqualina
2306
Month
03
4
Yes
$17,000
85
Sunny Isles Beach
Acqualina
3302
Year
2214
3
3
Yes
$15,700
21
Sunny Isles Beach
Acqualina Ocn Residences
2605
Month
2214
3
3
No
$15,000
36
Sunny Isles Beach
Acqualina Ocean Residence
705
Month
2214
3
3
Yes
$15,000
36
Sunny Isles Beach
Acqualina Ocean Residence
3202
Month
2214
3
3
Yes
$14,500
10
Sunny Isles Beach
Acqualina Ocean Residence
2701
Month
2736
3
4
No
$14,000
35
Sunny Isles Beach
Acqualina Ocean Residence
802
Month
2214
3
3
No
$14,000
10
Sunny Isles Beach
Acqualina Ocn Residences
3203
Month
2031
3
3
No
$13,900
34
Sunny Isles Beach
Acqualina Ocean Residence
3305
Month
2214
3
3
Yes
$13,900
28
Sunny Isles Beach
Acqualina Ocean Residence
1905
Month
2214
3
3
No
$13,500
24
Sunny Isles Beach
Acqualina Ocean Residence
502
Month
2214
3
3
Yes
$13,500
6
Sunny Isles Beach
Acqualina Ocean Residence
1705
Month
2214
3
3
Yes
$13,500
33
Sunny Isles Beach
Acqualina Ocean Residence
702
Month
2214
3
3
No
$13,000
35
Sunny Isles Beach
Acqualina
2702
Month
2214
3
3
Yes
$13,000
38
Sunny Isles Beach
Acqualina Ocean Residence
4302
Month
2214
3
3
Yes
$12,999
39
Sunny Isles Beach
Acqualina Ocean Residence
3103
Month
2031
3
3
Yes
$12,900
44
Sunny Isles Beach
Acqualina Ocean Residence
3102
Month
2214
3
3
No
$12,500
21
Sunny Isles Beach
Acqualina Ocean Residence
4405
Month
2214
3
3
No
$12,000
27
Sunny Isles Beach
Acqualina Ocean Residence
3605
Month
2214
3
3
No
$12,000
40
Sunny Isles Beach
Acqualina Ocean Residence
2105
Month
2214
3
3
Yes
$11,000
20
Sunny Isles Beach
Acqualina Ocean Residence
4102
Month
2214
3
3
No
$10,900
64
Sunny Isles Beach
Acqualina Ocean Residence
3205
Month
2214
3
3
No
$10,000
43
Sunny Isles Beach
Acqualina Ocean Residence
3105
Month
2214
3
3
No
$9,999
8
4+ Bedroom Units for Rent in Acqualina 17875 Collins Avenue, Sunny Is
CityCondo NameUnit NumberRent PeriodLiving AreaBedsBathsPets AllowedPriceTotal Pic
Sunny Isles Beach
Acqualina Ocean Residence
4801
Month
5402
6
6.5
No
$40,000
66
Sunny Isles Beach
Acqualina Ocean Residence
PH4601
Month
5775
5
5.5
No
$35,000
27
Sunny Isles Beach
Acqualina Ocean Residence
3703
Month
4415
5
4.5
Yes
$22,000
18
Sunny Isles Beach
Acqualina
2501
Month
2736
4
5
Yes
$17,000
37
Sunny Isles Beach
Acqualina Ocean Residence
1501
Month
2736
4
4
Yes
$17,000
30
Sunny Isles Beach
Acqualina Ocean Residence
4306
Month
2736
4
4
Yes
$15,000
15
Sunny Isles Beach
Acqualina Ocean Residence
2706
Month
2736
4
4
No
$12,800
35
Sunny Isles Beach
Acqualina Ocean Residence
2806
Month
2736
4
3
No
$12,800
35
RECENTLY SOLD
3 Bedroom Units for Sale in Acqualina 17875 Collins Avenue, Sunny Is
CityCondo NameUnit#BedsBathsLiving AreaYear BuiltSold PriceClosing Date
Sunny Isles Beach
Acqualina
4301
3
4
2736
2006
$2,200,000
03.01.19
Sunny Isles Beach
Acqualina Ocean Reisdence
1605
3
3
2214
2006
$1,825,000
02.27.19
Sunny Isles Beach
Acqualina
3002
3
3
2214
2006
$2,125,000
05.01.18
2 Bedroom Units for Sale in Acqualina 17875 Collins Avenue, Sunny Is
CityCondo NameUnit#BedsBathsLiving AreaYear BuiltSold PriceClosing Date
Sunny Isles Beach
Acqualina Ocean Residence
1103
2
2.5
2035
2006
$2,000,000
02.01.19
Sunny Isles Beach
Acqualina
2603
2
2
2035
2006
$2,000,000
05.15.18
1 Bedroom Units for Sale in Acqualina 17875 Collins Avenue, Sunny Is
CityCondo NameUnit#BedsBathsLiving AreaYear BuiltSold PriceClosing Date
Sunny Isles Beach
Acqualina Ocean Residence
2010
1
1
709
2006
$560,000
09.17.18
4+ Bedroom Units for Sale in Acqualina 17875 Collins Avenue, Sunny Is
CityCondo NameUnit#BedsBathsLiving AreaYear BuiltSold PriceClosing Date
Sunny Isles Beach
Acqualina
2106
4
4
2736
2006
$2,400,000
10.30.18
Sunny Isles Beach
Acqualina
706
4
4
2736
2006
$2,500,000
08.24.18
Sunny Isles Beach
Acqualina Resort & Spa
601
4
4
2750
2006
$1,850,000
07.20.18
Sunny Isles Beach
Acqualina Ocean Residence
4203
4
5.5
4415
2006
$3,150,000
04.27.18
Acqualina 17875 Collins Avenue – FLOOR PLANS
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sparefreckle · 6 years ago
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Meyer Mansion - An Intro
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The property market for the North Miami region is definitely about to get even more interesting with the brand new residential development project which is sure to bring lots of attention to the Sunny Isles real estate market. With developers such as LPLA Partners alongside FENDI CASA taking charge of the design aspect, the Mansions at Acqualina is definitely going to be one of the most exquisite property options within the entire region.Checkout www.meyermansioncondo.com.sg for more info.
Construction Begins
The development project has entered the early stages of construction; however, many are eager to see how things are going to progress as the high-rise condominium which will be home to 79 mansions which will include a "Palazzo di Oro" penthouse" has already started to grab the spotlight for being among the most illustrious options that city of Sunny Isles Beach has to offer.
Construction is expected to be complete by 2014.
Oceanfront Features
One of the strengths of the Mansions at Acqualina development project is the fact that it is going to provide people with the most exceptional oceanfront lifestyle possible in Miami today.
The 6.75 acre site for the development project along Collins Avenue is certainly one of the most awe-inspiring locations within the city. The fact that residents and guests of the Mansions at Acqualina can expect an exclusive beach area all to themselves is definitely one of the best features of living within such a community.
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Its location makes it possible for people to enjoy unobstructed views of the ocean horizon from within each of the sky mansions that are offered on the Sunny Isles real estate market for prices that start at $5 million.
Furthermore, the fact that the rise of such an ambitious development project will not affect the views of neighboring infrastructures makes it a welcome addition to Sunny Isles Beach City's many superb high-rise buildings.
Pre-Development Success
Many have come to find the development project to easily be a true success as far as development projects are concerned as it has managed to acquire an impressive sales record of $200 million in only one month. Of course, the numbers continue to grow, especially now that foreign property buyers and global reeal estate investors eagerly look into the best opportunities that the Miami real estate market has to offer.
If you happen to be one of the many who would like to be able to become a part of such a luxurious oceanfront community, you should definitely take the time to get in touch with a professional agent that specializes in Sunny Isles real estate to find out more about the Mansions at Acqualina and all of the details on your available options.
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josephpdavis · 4 years ago
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Nuevas construcciones en Miami
Si estás buscando un condominio en Miami, tienes algunas opciones a considerar, y estas incluyen edificios antiguos y establecidos, condominios que han existido desde principios de la década de 2000 y condominios de nueva construcción que se acaban de terminar recientemente.
Los nuevos proyectos de construcción en Miami estan dentro de los mejores vecindarios de Miami como Brickell, Downtown Miami, Edgewater o Sunny Isles.
Si estás buscando ser dueño de un condominio que se completó recientemente, aquí hay una lista de las mejores opciones para ti:
Canvas
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Terminado en el 2018
Canvas Condominiums está ubicado justo en la frontera de Edgewater y el centro de Miami. Este edificio de 37 pisos alberga 513 unidades dentro y en configuraciones que van desde unidades de estudio a unidades de 2 dormitorios.
Las casas cuentan con techos de 9 pies de altura, amplias terrazas y tecnología de construcción inteligente. Los residentes aquí disfrutarán de una larga lista de servicios que incluyen piscinas para el amanecer y el atardecer, salas de spa y tratamiento, gimnasio enorme y muchos más.
Brickell Flatiron
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Terminado en el 2019
El Brickell Flatiron se eleva 64 pisos y alberga 546 unidades dentro, con configuraciones que incluyen residencias de áticos de hasta cinco habitaciones.
Estas casas de lujo vienen con grandes balcones privados, ventanas de vidrio de piso a techo y puertas corredizas y techos de 9 a 10 pies de altura.
Las comodidades que los residentes pueden esperar incluyen una piscina de entrenamiento y una piscina de hidromasaje, una sala de cine, un centro de negocios, un gimnasio e incluso restaurantes, así como tiendas minoristas a nivel del suelo.
Echo Brickell
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Terminado 2018
Otro edificio residencial prometedor en Brickell es esta estructura de 180 unidades a lo largo de la avenida Brickell. El Echo Brickell, que tiene 57 pisos, es uno de los condominios de lujo en aumento en el distrito financiero de Miami.
Las unidades aquí vendrán con características que incluyen cocinas modernas con electrodomésticos de Wolf y SubZero, gabinetes italianos y pisos de mármol.
Las comodidades que vienen con el edificio incluyen una piscina de borde de fuga estilo centro turístico con servicios de alimentos y bebidas, bañeras de hidromasaje, gimnasio y una terraza para tomar el sol.
Aria On The Bay
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Terminado 2017
Uno de los muchos edificios residenciales que se levantan en el vecindario de Edgewater es este edificio de Aria on the Bay el cual posee 53 pisos que alberga 647 unidades dentro.
Las casas aquí tienen configraciones que van desde planos de planta de una a cuatro habitaciones, todas ellas con techos de 9 pies de altura, puertas corredizas de vidrio de piso a techo y amplios balcones.
Las comodidades de clase mundial que se pueden esperar de este edificio incluyen 2 piscinas, terraza y sala de estar, gimnasio y sala de proyección.
The Estates at Acqualina
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Terminado en el 2019
Sunny Isles Beach es otro vecindario en Miami que tiene una gran cantidad de nuevos edificios residenciales que se elevan dentro de él, como es el Estates at Acqualina.
Establecido para ser llamado uno de los edificios de condominios más elegantes y opulentos en el área, con vestíbulos y áreas públicas diseñadas por nada menos que Karl Lagerfeld, este edificio contará con casas muy espaciosas que vienen con planos de planta de tres a siete habitaciones.
Las comodidades aquí incluirán 500 pies de playa privada, numerosas piscinas, cabañas privadas y una casa club que tiene salas de juegos, una bolera y una sala de cine.
Si está interesado en tener más información sobre estos nuevos proyectos en Miami o apartamentos en venta en miami contáctenos!
from Miami https://ift.tt/2ZUIeDi via IFTTT from PFS Realty https://pfsrealtyinternational.tumblr.com/post/623288037264195584 via https://pfsrealtyinternational.tumblr.com/
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mariabwoods · 4 years ago
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Nuevas construcciones en Miami
Si estás buscando un condominio en Miami, tienes algunas opciones a considerar, y estas incluyen edificios antiguos y establecidos, condominios que han existido desde principios de la década de 2000 y condominios de nueva construcción que se acaban de terminar recientemente.
Los nuevos proyectos de construcción en Miami estan dentro de los mejores vecindarios de Miami como Brickell, Downtown Miami, Edgewater o Sunny Isles.
Si estás buscando ser dueño de un condominio que se completó recientemente, aquí hay una lista de las mejores opciones para ti:
Canvas
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Terminado en el 2018
Canvas Condominiums está ubicado justo en la frontera de Edgewater y el centro de Miami. Este edificio de 37 pisos alberga 513 unidades dentro y en configuraciones que van desde unidades de estudio a unidades de 2 dormitorios.
Las casas cuentan con techos de 9 pies de altura, amplias terrazas y tecnología de construcción inteligente. Los residentes aquí disfrutarán de una larga lista de servicios que incluyen piscinas para el amanecer y el atardecer, salas de spa y tratamiento, gimnasio enorme y muchos más.
Brickell Flatiron
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Terminado en el 2019
El Brickell Flatiron se eleva 64 pisos y alberga 546 unidades dentro, con configuraciones que incluyen residencias de áticos de hasta cinco habitaciones.
Estas casas de lujo vienen con grandes balcones privados, ventanas de vidrio de piso a techo y puertas corredizas y techos de 9 a 10 pies de altura.
Las comodidades que los residentes pueden esperar incluyen una piscina de entrenamiento y una piscina de hidromasaje, una sala de cine, un centro de negocios, un gimnasio e incluso restaurantes, así como tiendas minoristas a nivel del suelo.
Echo Brickell
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Terminado 2018
Otro edificio residencial prometedor en Brickell es esta estructura de 180 unidades a lo largo de la avenida Brickell. El Echo Brickell, que tiene 57 pisos, es uno de los condominios de lujo en aumento en el distrito financiero de Miami.
Las unidades aquí vendrán con características que incluyen cocinas modernas con electrodomésticos de Wolf y SubZero, gabinetes italianos y pisos de mármol.
Las comodidades que vienen con el edificio incluyen una piscina de borde de fuga estilo centro turístico con servicios de alimentos y bebidas, bañeras de hidromasaje, gimnasio y una terraza para tomar el sol.
Aria On The Bay
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Terminado 2017
Uno de los muchos edificios residenciales que se levantan en el vecindario de Edgewater es este edificio de Aria on the Bay el cual posee 53 pisos que alberga 647 unidades dentro.
Las casas aquí tienen configraciones que van desde planos de planta de una a cuatro habitaciones, todas ellas con techos de 9 pies de altura, puertas corredizas de vidrio de piso a techo y amplios balcones.
Las comodidades de clase mundial que se pueden esperar de este edificio incluyen 2 piscinas, terraza y sala de estar, gimnasio y sala de proyección.
The Estates at Acqualina
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Terminado en el 2019
Sunny Isles Beach es otro vecindario en Miami que tiene una gran cantidad de nuevos edificios residenciales que se elevan dentro de él, como es el Estates at Acqualina.
Establecido para ser llamado uno de los edificios de condominios más elegantes y opulentos en el área, con vestíbulos y áreas públicas diseñadas por nada menos que Karl Lagerfeld, este edificio contará con casas muy espaciosas que vienen con planos de planta de tres a siete habitaciones.
Las comodidades aquí incluirán 500 pies de playa privada, numerosas piscinas, cabañas privadas y una casa club que tiene salas de juegos, una bolera y una sala de cine.
Si está interesado en tener más información sobre estos nuevos proyectos en Miami o apartamentos en venta en miami contáctenos!
from Miami https://ift.tt/2ZUIeDi via IFTTT from PFS Realty https://pfsrealty.blogspot.com/2020/07/nuevas-construcciones-en-miami.html via https://pfsrealty.blogspot.com/
0 notes
pfsrealtyinternational · 4 years ago
Text
Nuevas construcciones en Miami
Si estás buscando un condominio en Miami, tienes algunas opciones a considerar, y estas incluyen edificios antiguos y establecidos, condominios que han existido desde principios de la década de 2000 y condominios de nueva construcción que se acaban de terminar recientemente.
Los nuevos proyectos de construcción en Miami estan dentro de los mejores vecindarios de Miami como Brickell, Downtown Miami, Edgewater o Sunny Isles.
Si estás buscando ser dueño de un condominio que se completó recientemente, aquí hay una lista de las mejores opciones para ti:
Canvas
Tumblr media
Terminado en el 2018
Canvas Condominiums está ubicado justo en la frontera de Edgewater y el centro de Miami. Este edificio de 37 pisos alberga 513 unidades dentro y en configuraciones que van desde unidades de estudio a unidades de 2 dormitorios.
Las casas cuentan con techos de 9 pies de altura, amplias terrazas y tecnología de construcción inteligente. Los residentes aquí disfrutarán de una larga lista de servicios que incluyen piscinas para el amanecer y el atardecer, salas de spa y tratamiento, gimnasio enorme y muchos más.
Brickell Flatiron
Tumblr media
Terminado en el 2019
El Brickell Flatiron se eleva 64 pisos y alberga 546 unidades dentro, con configuraciones que incluyen residencias de áticos de hasta cinco habitaciones.
Estas casas de lujo vienen con grandes balcones privados, ventanas de vidrio de piso a techo y puertas corredizas y techos de 9 a 10 pies de altura.
Las comodidades que los residentes pueden esperar incluyen una piscina de entrenamiento y una piscina de hidromasaje, una sala de cine, un centro de negocios, un gimnasio e incluso restaurantes, así como tiendas minoristas a nivel del suelo.
Echo Brickell
Tumblr media
Terminado 2018
Otro edificio residencial prometedor en Brickell es esta estructura de 180 unidades a lo largo de la avenida Brickell. El Echo Brickell, que tiene 57 pisos, es uno de los condominios de lujo en aumento en el distrito financiero de Miami.
Las unidades aquí vendrán con características que incluyen cocinas modernas con electrodomésticos de Wolf y SubZero, gabinetes italianos y pisos de mármol.
Las comodidades que vienen con el edificio incluyen una piscina de borde de fuga estilo centro turístico con servicios de alimentos y bebidas, bañeras de hidromasaje, gimnasio y una terraza para tomar el sol.
Aria On The Bay
Tumblr media
Terminado 2017
Uno de los muchos edificios residenciales que se levantan en el vecindario de Edgewater es este edificio de Aria on the Bay el cual posee 53 pisos que alberga 647 unidades dentro.
Las casas aquí tienen configraciones que van desde planos de planta de una a cuatro habitaciones, todas ellas con techos de 9 pies de altura, puertas corredizas de vidrio de piso a techo y amplios balcones.
Las comodidades de clase mundial que se pueden esperar de este edificio incluyen 2 piscinas, terraza y sala de estar, gimnasio y sala de proyección.
The Estates at Acqualina
Tumblr media
Terminado en el 2019
Sunny Isles Beach es otro vecindario en Miami que tiene una gran cantidad de nuevos edificios residenciales que se elevan dentro de él, como es el Estates at Acqualina.
Establecido para ser llamado uno de los edificios de condominios más elegantes y opulentos en el área, con vestíbulos y áreas públicas diseñadas por nada menos que Karl Lagerfeld, este edificio contará con casas muy espaciosas que vienen con planos de planta de tres a siete habitaciones.
Las comodidades aquí incluirán 500 pies de playa privada, numerosas piscinas, cabañas privadas y una casa club que tiene salas de juegos, una bolera y una sala de cine.
Si está interesado en tener más información sobre estos nuevos proyectos en Miami o apartamentos en venta en miami contáctenos!
from Miami https://ift.tt/2ZUIeDi via IFTTT
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miamiluxuryre-blog · 5 years ago
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10 Best Boutique Condominiums in Miami🌴 1. Arte Miami Surfside - 16 Units Location: Surfside/Bal Harbour Year Built: 2019 Units: 16 Prices: from $7.9MLN 2. 321 Ocean - 21 units Location: South Beach, South of 5th Year Built: 2015 Units: 21 Prices: from $5.4MLN 3. Palazzo Del Mare - 29 Units Location: Fisher Island Year Built: 2007 Units: 29 Prices: from $5.7MLN 4. Regalia Miami - 39 Units Location: Sunny Isles Beach Year Built: 2014 Units: 39 Prices: from $6.8MLLN 5. Palazzo Della Luna - 40 Units Location: Fisher Island Year Built: 2019 Units: 40 Prices: from $6.5MLN 6. Faena House - 47 Units Location: Miami Beach Units: 47 Year Built: 2015 Prices: from $2.5MLN 7. Fendi - 58 Units Location: Surfside/Bal Harbour Year Built: 2016 Units: 58 Prices: from $5.4MLN  8. Muse - 68 Units Location: Sunny Isles Beach Year Built: 2018 Units: 68 Prices: from $2.5MLN 9. One Thousand Museum - 84 Units Location: Miami Downtown Year Built: 2019 Units: 84 Prices: from $4.5MLN 10.  The Estates at Acqualina, II Tower - 94 Units Location: Sunny Isles Beach Year Built: Under Construction, completion  1 Q 2022 Units:  94 Prices: from $6.1MLN. All units come completely ready with custom finishings and furniture package.  #miami🌴 #Billionaire #miamiluxuryrealestate #1000museum #theestatesatacqualina #fisherislandrealestate #fendiresidences #miamirealestate #palazzodellaluna #321ocean #regaliaresidences #oceanfrontrealestate #museresidences #faenahousemiami #artesurfside (at Miami Beach, Florida) https://www.instagram.com/p/B_5MZkDnBqh/?igshid=lj71wdeucon7
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ericfruits · 5 years ago
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Russians have flocked to Donald Trump’s Florida
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A ROUND a century ago, a furniture magnate from Rochester, New York named Harvey Baker Graves spent a day boating through the estuarine wilds of upper Biscayne Bay, along the southern Atlantic coast of Florida. What today is beach-front property was then a verdant, claustral jungle; in photographs the dinosaurs seem to be lurking just outside the frame. Graves was so enamoured of this landscape and its potential that he bought a large swathe of mangrove forest and tortuous waterways dotted with uninhabitable little islands.
That swamp is now Sunny Isles Beach, a town on a barrier island, just across the Intracoastal Waterway from North Miami Beach. For much of the 20th century it was a modest redoubt far from Miami’s glamour and hustle, with larger hotels on the ocean and longer, lower ones on the inland blocks. Rundown by the 1980s, developers began snapping up properties. In 2001 the city’s first new hotel in more than 30 years opened. Today hotels and condominiums line Sunny Isles’ two-mile beach-front, including three Trump-branded high-rises. And while the previous incarnation of Sunny Isles attracted American snowbirds and the odd ageing celebrity, in its current form it is a magnet for Russians.
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They began arriving—according to Larisa Svechin, the town’s vice-mayor, who was born in Gomel, Belarus—in the late 1980s. Most of them were Jewish, and had left the Soviet Union in the mid-1970s. “Russians,” explains Ms Svechin, “especially Russian Jews, like to congregate by the water.” Some came directly from Russia, while others—like so many other retirees—moved south from New York (perhaps the only neighbourhood on the East Coast as deeply Russian as Sunny Isles Beach is Brighton Beach, on Brooklyn’s southern coast). Florida has no income tax, which makes it popular among seniors—including Mr Trump himself, who has recently changed his official residency from New York to Florida.
Another wave came after the Soviet Union disintegrated; it included Russians, Moldovans, Ukrainians, Belarusians, Kazakhs, Tajiks, Azeris—and another wave of Ukrainians after protests ousted their pro-Russian president in 2014. Now many of the people coming are Russian second- (or third-, or fourth-) home owners rather than immigrants intending to settle.
Birth tourism is also popular. A company called Miami Mama in Hallandale Beach charged expectant Russian women thousands of dollars for south Florida birth packages, though it was raided by the FBI a couple of years ago. These days, says Ms Svechin, “birth tourism is not as open, [but] you’ll see a lot of young ladies with strollers...they think this is prestige” to have a child with an American passport.
Today, Ms Svechin estimates that more than 20% of Sunny Isles Beach’s population of roughly 20,000 is Russian or Russian-speaking. The nearby towns of Aventura, Bal Harbour, Hallandale Beach and Hollywood—all between Miami and Fort Lauderdale—also have sizeable Russian communities, though none of those is as prestigious as Sunny Isles. Igor Fruman, one of two associates of Rudy Giuliani’s recently arrested on campaign-finance charges, owns two units in a Sunny Isles high-rise. Lev Parnas, with whom he was arrested, is a longtime Florida resident.
“Russians love brand names,” explains Ms Svechin. And Sunny Isles offers plenty: not just multiple Trump properties but also, just down the beach, the 60-storey Porsche Design Tower, with its car elevator that lets residents park outside their upper-floor units. There are Armani-branded apartments and a Karl Lagerfeld-designed lobby at the Acqualina. The town’s reputation is so well-known in Russia that many arrive knowing precisely which unit in which building they want to buy.
Across from Mr Trump’s three towers sits the most Russian strip-mall in south Florida. Among its shops are a Russian café, a grocery store with an attached restaurant offering reassuringly and authentically mediocre cuisine, a bookstore, an insurance firm, a couple of beauty salons, a few cafés, a Russian restaurant/nightclub, a Kosher Azeri restaurant/nightclub, an Argentine steakhouse with a trellised awning that looks like something directly transplanted from Odessa, and a travel agent.
Residents boast about their schools (florists know to stock up in late August, because so many students follow the Russian tradition of presenting flowers to the teacher on the first day). The streets are reasonably safe, though domestic violence remains a persistent problem. Russia has no domestic-violence law, and in 2017 decriminalised domestic violence that does not result in a hospital visit.
Ms Svechin sighs that “a lot of people here, the older Americans especially, feel this has been a place for Russians to wash money. I don’t know how true that is.” A Reuters investigation in 2017 found that 63 people with Russian passports or addresses spent more than $98m buying apartments in Trump-branded properties in south Florida, and around one-third of all the owners of properties in Mr Trump’s branded towers were limited-liability companies that can conceal the owner’s identity (Reuters found no wrongdoing by Mr Trump or his organisation).
Sanctions against Russia have slowed the high-end market. Many of the Ukrainians who arrived after the Maidan demonstrations in early 2014 have more modest means; they have flocked to more affordable inland cities such as Hallandale Beach. But south Florida generally—and Trump-branded properties specifically—remain popular with Russians. Your correspondent stayed at one of Mr Trump’s Sunny Isles properties for three days, and heard just one guest speaking any language other than Russian.■
This article appeared in the United States section of the print edition under the headline "Odessa on the Intracoastal"
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Miami Beach Is A Town in Southeast Florida
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Miami Beach is a well-known city in Southeast Florida and a popular tourist destination. It is situated on a 7.1 square mile island where millions bombard its white sandy beaches year in and year out. Recently, Miami Beach is seen as more than a place to get a good suntan, it is an entertainment mecca for the wealthy and those who choose to wallow in the lap of luxury.
Miami Beach is rated the top City Beach in Southeast Florida. This world-class beach is adorned with palm trees, fine promenades and trademark hotels, and the landscape is dominated by high-rises. The refurbished Art Deco Historic District is now known as the heartbeat of Miami Beach, where fashion models and movie stars frequent. This has been a designated area for the shooting of movies, magazine covers and TV ads.
Many have been lured to Miami Beach through its lucrative condo market. Miami condos for sale on this prime piece of real estate boasts of high-rise towers with killer views of the Atlantic Ocean. Miami condos have been plentiful, but in this stabilizing economic climate, they are selling fast. One might wonder what all the fuss is about. Well, you just have to see it to believe it!
You will find a Miami condo in constructions that consist of the top notch amenities found at any 5-star resort hotel. The difference is that people not only visit, but they actually live this alluring lifestyle everyday. There are so many shops, restaurants and nightlife near a Miami condo for sale that offer a choice of non-stop activities. The socialite as well as the homebody will never spend an idle moment.
There are several spectacular properties to be found on Miami Beach that allow for the best luxury living experience that caters to both individuals and families. One of those properties is the Sunny Isles condos which are a string of condominium constructions designed by expert architects that know what high-end living requires. You won't have to lift a finger with full service amenities that are inclusive of a concierge to fulfil your every desire and whim around-the-clock. Stay fit and fresh when you take advantage of the spas and state-of-the-art fitness centers inside your condo complex.
A Sunny Isles condo in Miami Beach almost always offers sunny sky views, plus a city full of a diversified meshing of cultures. As a trend-setting arts and entertainment venue, Miami Beach is a lively area where you can enjoy the outdoor cafes, and shopping along Ocean Drive and the surrounding streets in the Art Deco Historic District. There is something for everyone in the neighboring locations from the ocean to the bay.
Among the Sunny Isles properties, one is known to be outstanding in the Acqualina Resort & Spa. Visitors of the Acqualina have been thoroughly impressed by the incomparable services rendered that made them feel like royalty from the beginning to the end of their stay. Huge, gorgeous rooms and highly trained staff that offer quality customer service is common-place amongst these condo properties in Miami. This kind of lifestyle makes for the sharing of precious memories that last a lifetime.
Other Sunny Isles properties that deserve notable mention are the Jade Beach and Jade Ocean condos. These condo complexes are Miami's most recent accomplishments. They both offer dramatic entrances with lush landscaped gardens and reflecting pools. The ultra luxurious penthouse living spaces can be accessed from security-controlled, high-speed elevators. Both properties are equipped with "Smart Technology" that does everything a butler would do and more.
Most every budget can be accommodated in obtaining Miami Beach real estate. Large condominiums and luxurious villas allow for panoramic views of the ocean, while beachfront homes and townhouses are available to accommodate the modest budget-conscious family. Home values in Miami Beach range from $235,300 upwards to $1,145,100. The high-end buyers of South Beach and Millionaire's Row consider Miami Beach as the ideal real estate destination. The property tax rate of some of the more affordable homes in Miami have not seen an increase in over a decade. Million dollar properties have been recently purchased by the well-to-do global elite clientele.
Miami Beach obviously has  Miami architects  lots to offer in prime real estate and high-end living. If you're seeking a relaxed virtually care-free lifestyle, look no further, Miami Beach has it all!
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walterfrodriguez · 5 years ago
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Jules Trump launches sales of second Estates at Acqualina tower
Jules Trump and the Estates at Acqualina tower
Trump Group is launching sales of the Estates at Acqualina’s second oceanfront tower in Sunny Isles Beach.
The announcement comes after reaching more than 80 percent presales at the luxury condo development’s south tower.
Developer Jules Trump is unveiling a new sales gallery at the site, with a model unit of a four-bedroom 4,385-square-foot residence. And he is promising a Fendi and Baccarat La Maison package of furniture worth $800,000 to buyers who pay preconstruction prices at the second tower, until an unspecified date.
The Estates at Acqualina’s two towers are under construction at 17901 Collins Avenue. The first, a 49-story story building called the south tower, will have 154 units. So far, more than 80 percent of the units are presold, said Michael Goldstein, president of sales at the Estates of Acqualina. Remaining units, ranging from 3,287 square feet to 5,522 square feet, are priced from $4.6 million to $11 million. A two-story, 9,083-square-foot penthouse is available for $31 million, Goldstein said.
Construction of the south tower is now at the 48th floor.
The second, a 52-story tower renamed the “boutique tower,” will have 94 units, with no more than two units per floor and private elevators. So far, 25 units, or 27 percent, are presold, Goldstein said. Prices range from $6.2 million to $32 million for the penthouses.
Construction is now at the sixth floor, said Trump, who is no relation to the president.
Designed by STA Architectural Group, the Estates at Acqualina will also have three villas, priced from $13 million to $21 million, which have all been sold.
Trump said South Florida’s ongoing luxury condo market slowdown has not put a damper on sales. “Sales have been extremely strong, and we are over 80 percent sellout at the [south] tower, and based on that success we went ahead with the boutique tower, which is having an extremely strong reception from buyers,” he said.
“Seventy percent of the business comes from people with some association to the brand — the hotel or residences of other buildings [Acqualina or Mansions at Acqualina] or users of the restaurant,” Trump added.
Overall, buyers have hailed mostly from high-tax states like New York, New Jersey, Connecticut, Illinois, California, Massachusetts, as well as from Canada, Mexico and Brazil, Goldstein said. Rather than the usual 50 percent deposit requirement for new condos in the Miami area, the requirement at the Estates at Acqualina is 45 percent.
The project will be completed in two years, Trump said. It will feature common areas created by the late designer Karl Lagerfeld.
The three- to seven-bedroom units will be equipped with a La Cornue gas range and Sub-Zero appliances, imported stone countertops, smart-home technology and a fireplace.
The Estates at Acqualina will also include 45,000 square feet of amenities, including a spa and fitness center with a boxing ring, an ice-skating rink, bowling lanes, movie theater, golf simulator, a speakeasy and cigar lounge. A restaurant is expected to be announced later this year.
The grounds will include landscaped gardens, infinity pools, a FlowRider for surfers, a basketball court, bocce court, dog park, soccer field and 502 feet of oceanfront.
In October 2018, Trump signed a $600 million contract with Coastal Construction to complete both towers and the amenity villa. Earlier that same month, Trump Group scored a $558 million construction loan from Bank OZK that marked the largest condominium construction loan ever in Miami-Dade County.
The post Jules Trump launches sales of second Estates at Acqualina tower appeared first on The Real Deal Miami.
from The Real Deal Miami & Miami Florida Real Estate & Housing News | & Curbed Miami - All https://therealdeal.com/miami/2020/02/03/jules-trump-launches-sales-of-second-estates-at-acqualina-tower/ via IFTTT
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continuumsouthbeachexpert · 5 years ago
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Continuum South Beach is One of The Best Miami Beach Condos for Tax Refugees
Making a Move to Miami? | The Best Miami Beach Condos For Sale in 2019
Many high-net-worth individuals are leaving the high-tax states behind them and make a move to Miami. As we have dealt with many relocating families we have grown to understand that condos are equally desired as single family homes. Many of those who come and settle in Miami, are global nomads with a mobile and international lifestyle. For this demographic condos are a great option as you can lock them up and leave without worrying. Many individuals who move from NYC to Miami also prefer a condo over a single family home.
Therefore The David Siddons Group selected 10 condos on the beach (Miami Beach, Bal Harbour, Surfside and Sunny Isles Beach), that are perfect for those who appreciate spacious floor plans, ocean views, 5 star services, and privacy.  All of these condos are located on oceanfront parcels and are listed in no specific order.
Eighty Seven Park, Miami Beach
87 Park is located in Miami Beach, just meters away from Surfside in a less touristic and more private part of Miami Beach. This condo by architect Renzo Piano offers only 17 floors and to the south of the building there is a large park. The 70 units range from 1 to 5+ bedrooms and from 1,000 SF to 4,140 SF+ of interior space.  Generous wrap-around terraces (Almost all the terraces are 60% to 90% the size of the interior space) create a seamless transition from indoor to outdoor spaces. This is the only building on the Beach that offers water views (The ocean in the east and the intracoastal in the west) as well as views over a park. The location of the park is providing this condo with a 270 degree panoramic view avoiding side views into other buildings. The 02 line is the best line in the building, although this is completely sold out at the moment (Many buyers in the building have bought combined units and included this line). As with most of Miami’s prime buildings, Eighty Seven Park offers a high level of finishes, including high quality kitchens and flooring (the units come finished), 10 ft ceilings and extremely large terraces. The building starts selling at $2.15M for smaller 1 bedroom units and is expected to be delivered by the end of 2019. Saving the best for last, the Eighty Seven Park penthouse is now listed for $68 Million.
Search directly for Eighty Seven Park Units for Sale
Fendi Chateau Residences, Surfside
The condo by the Chateau Group has the Fendi logo and branding. A great project with a genuine high feel of quality with units ranging from 3,325 SF to 7,500 SF. This is not a temporary project, where the shine comes off after a few months.  The best line is the 01 line, which is a large (5,000 SF+) corner unit. As you go up,  the building gets more narrow and therefore the floor plans change slightly. The 06 Line is also a good line to consider, which is the corner unit at the other side of the building. Prices at this condo range between $5.5M and $20M.
Search Directly for Fendi Chateau Residences for Sale
Palazzo della Luna, Fisher Island
Palazzo della Luna is the latest brand new development on ultra-private and luxurious Fisher Island. The condo offers 10 stories with 50 residences that range from 3 to 7 bedroom and 3,724 SF to 10,194 SF of interior. All units come with expansive terraces ranging between 752 and 9,315 SF. The floor plans at Palazzo della Luna are contemporary and spacious and units offer panoramic water, city and island views with deep terraces offering porcelain flooring. Palazzo della Luna is truly high-end living in the US’ most expensive zip code and in Miami’s most exclusive island community. Price Range: $6.5 – 40 million
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Sales Prices are taken over 2018 and 2019
Eighty Seven Park and Palazzo della Luna are Pre-construction condos at the time of publishing this blog and prices indicated here are listing prices!
Oceana Bal Harbour, Bal Harbour
Oceana Bal Harbour offers two condo towers with 240 units that range in size from 1,285 SF to 5,300 SF+. Prices at Oceana range between $2.7M and $15M. Bal Harbour is a beach town and mostly known for the Bal Harbour Shops. A great place to live. The best lines here are the 01 lines in the South and the North Tower; both are large corner residences. Amenities and residences include, but are not limited to a large relaxation pool, olympic-style lap pool, two oceanfront jetted spas, full poolside restaurant (Bar & Grill), fitness center with ocean view, yoga/meditation/pilates area, two tennis courts, a World-class spa, chef’s kitchen & bar within salon and a private climate control wine locker
  Search directly for Oceana Bal Harbour Units for Sale
Faena House, Miami Beach
Faena House in Miami Beach is a 47 units counting ultra-luxury condo that is located in the desired “Faena District“. Units at Faena House range from 1,185 SF to 12,500 SF+.  It has balconies that can be used like Brazilian verandas, connecting the various spaces in your condo. These deep wrap-around balconies (4′ to 37′ depth) are called aleros that feel like rooms really and are interconnected, sort of doubling as hallways. 
Sometimes referred to as the ‘Billionaire Beach Bunker’, because of its attraction to Wall Street’s wealthiest, this already iconic condo offers a prime beachfront location, outstanding architecture and all the amenities desired by today’s super-rich which match the modern-day Miami Beach lifestyle such as a pool, fitness center, spa, children’s room and attended private residential Beach Club (with cabana service)
The best lines (besides the Penthouses) are the A and the B lines (Floor 4-13), which are expansive units with superb water views. Units trade between $2M and $60M, which was paid for Penthouse B. 
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Miami Beach Waterfront Mansions for Sale
Wealthy Individuals or families that move to Miami are often looking for Miami waterfront mansions. We selected the best waterfront communities in Miami Beach
The Best Waterfront Communities on Miami Beach
The Mansions at Acqualina, Sunny Isles Beach
The mansions at Acqualina offer 79 residences over 47 floors. The residences are expansive 3,4 and 5 bedrooms starting from 4,609 Sq.Ft up to 10,000 SF+ and they come with terraces ranging from 461 till 3,000 SF+.  Some floor plans offer two floors of living experience. All Mansions at Acqualina luxury condominium residences and penthouse homes feature “flow-through” floor plans with terraces and room views to the east and west, for morning sunrise over the ocean views and golden sunset views over the Intracoastal Waterway each and every day from your oceanfront condominium home. Interiors are designed by Fendi Casa and include high-end imported appliances, fixtures, cabinetry and flooring. Some of the larger units include a private spa, pool, butler room, theater room and/or a grand salon.
Amenities and services include: a glamorous movie theatre and media center, a grand room exclusively for homeowners, a fitness center, a children’s center, virtual golf, poolside private cabanas, fire pit, reflecting pool, adog park and a Hammam ultra-luxurious spa for the ultimate indulgences. Prices range between $4.45M and $17M
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Regalia in Sunny Isles Beach
Regalia is a 47-floor tower offering just 39 units, with only one residence per floor. Most units offer 5,515 SF, with the smallest unit offering 4,992 SF and Penthouses providing for an incredible 10,755 SF of living space.  All units have wrap-around terraces of 2,100 SF+ and of course 360 degree views! The11-foot deep terraces surrounding the residence on four sides allows light to permeate to the center of the home. Numerous wet walls within each unit allow for limitless floor plan arrangements by bringing plumbing to any place one wishes. The terraces also come with summer kitchen barbeque opening to terrace. Regalia offers very large master suites overlooking the ocean and beach and providing for a 240 SF. oceanfront balcony.  
Services and amenities are flawless with 5 Star international concierge services and building services like a custom designed and branded security system with high-tech access control, Private poolside cabanas equipped with refrigerator and sink, Private beach and poolside service, State of the art fitness center, Yoga/meditation room, a professionally trained spa manager and so much more. 
Regalia units sell between $5.5M and $11M
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Jade Signature in Sunny Isles Beach
Jade Signature was delivered in 2016, offering 192 units (From 1 to 5 bedrooms + PH’s) plus 6 Signature Guest Suites in a 57-floor tower. While there are smaller units ranging between 1,000 and 2,000 SF, most units offer expansive 3,500SF+ floor plans all the way up till 10,000SF+. The best floor plans are the 01 and the 05 lines, which are the corner residences. All units come with private elevators and terraces are expansive, designed for outdoor living (comprising 30% of total livable space). Lots of studies have been done to make this truly a one-of-a-kind building. For example, there are no pillars within the units, all pillars can be found only on the balconies and the architects created all rounded features to create a certain flow within the unit. Also the building is built in such a way that is optimizes the hours of sun per day. Finally the flow from the living room to the balcony is not obstructed by any thresholds, the architects tried to minimize thresholds so the living room and balcony become one. Jewelry glass has been used for the balcony windows in order to avoid sun reflection and to enhance the residents’ view over the ocean.  The larger 3,4 and 5 bedrooms come with service / staff quarters with full bathroom. Services and amenities include (but not limited to) two pools, a health and wellness center with a co-ed hammam, a library, business center and conference rooms, private beach club amenities, a private restaurant at beach level and a “man cave” Sales prices range between $3.75M and $18.5M.
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Continuum on South of Fifth
The resort-style complex offers 521 units divided over the North and the South Tower. Continuum provides for a unique living experience, because of its ideal location on the most southern point of South of Fifth. It enjoys spectacular water views and offers many very large units (3,500SF+), which is desired with buyers. The Continuum condo is known for amazing amenities and first class services. All units are accessed by private or semi private elevator foyers. The north tower opened its doors in 2008, while the south tower has been open since 2002. For the South Tower, the best lines are the large corner units overlooking the government cut and the Atlantic Ocean, which are lines: 06 (Floors 5-21), Line 05 (Floors 22-29) and Line 04 (Floors 30-39). The best line in the North Tower is either the 01 or the 02 line above the 22nd floor. Both are expansive, corner units with superb water views. Continuum units start selling just below the $1M mark, for smaller, low floor units without any spectacular views and go all the way up till opulent $27.5M units.
Search directly for Continuum South Beach Units for Sale
Apogee, South of Fifth
This boutique condo offers 22 stories and 68 residences and is ideally located on the most Southern Point of South of Fifth offering excellent water views. With only four residences per floor this condo is considered a perfect condo for privacy. All residences (there are only three floor plans available apart from the Penthouses) are extremely spacious with either 2,756 SF, 3103 SF or 4145 SF. The penthouses measure 6,853 SF – 8,271 SF. All units at Apogee offer flow-through design to give each unit both a water view and a city view.  Units are accessed via private elevators. Other features that make this condo extremely desirable are the extra large balconies and the concierge level services. Units at Apogee are selling between $7M and $15M. The corner lines 01 and 04 are the largest and most desirable floor plans.
Search directly for Apogee Units for Sale
Contact David Siddons for more information about Continuum on South Beach, moving to Miami or luxury condos in Miami.
David Siddons | [email protected] | +1.305.508.0899
David Siddons is a luxury real estate agent and consultant with nearly $100M in yearly sales. He is known as a market analyst and has been quoted by Bloomberg, Miami Herald, the Real Deal and CNBC. David is the author of several of Miami’s most influential real estate reports and forecasts!
from Continuum On South Beach - Feed http://bit.ly/2IP0qG6 via Continuum on South Beach - Expert
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miamibeachbroker · 6 years ago
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The Estates at Acqualina, 17901 Collins Ave, Sunny Isles Beach, FL 33160
New Post has been published on https://rebroker.miami/the-estates-at-acqualina-17901-collins-avenue-sunny-isles-beach-fl-33160/
The Estates at Acqualina, 17901 Collins Ave, Sunny Isles Beach, FL 33160
The Estates At Acqualina
17901 Collins AvenueSunny Isles Beach
58 stories – 130 sky residences – 3 per floor. Panoramic views of the Miami River, Biscayne Bay, and the Miami skyline. It is the only new residential development to offer luxury waterside living and private boat access inside Miami’s Brickell urban core. Spacious and modern, these exclusive residences offer contemporary finishes, private terraces accessible from living rooms, bedrooms and the distinction of LEED Silver rating.
Price range: $3,900,000 – $40,000,000 Residences: 264 Stories: 100
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The Estates At Acqualina, Sunny Isles Beach
Redefining Miami’s soaring skyline by adding The Estates at Acqualina to the collection of The World’s Finest Residences, the Acqualina brand remains unprecedented.
The two 51-story oceanfront towers will introduce a new residential experience to Sunny Isles Beach. Each tower will offer exquisite full and half-floor residences with wrap-around terraces framing immense living and entertainment areas as well as a host of amenities and modern luxuries.
The Estates at Acqualina features an impressive Villa Acqualina with more than 45,000 square feet of remarkable facilities including a spa, fitness center and one of a kind dining with a world renowned restaurant. In addition, borrowing a page from Ancient Rome, we’ve recreated a 21st century Circus Maximus, offering audacious amenities to prove us worthy of such a daring comparison. Circus Maximus is outfitted with an Ice Skating Rink, Four Lane Bowling Alley, Movie Theater, Formula One Racing Simulator, Golf Simulator, Kid’s Arcade, Billiard Room, and Wall Street Trader’s Club Room that will ensure no desires are overlooked.
This property’s magnificence also includes beautifully landscaped gardens featuring multiple infinity pools, a FlowRider® for surfers, a basketball court, a romantic beachfront restaurant and bar, and 560 feet of Atlantic oceanfront on a 5.6 acre site with all the benefits of Acqualina resort’s five-star lifestyle.
The Estates at Acqualina is a new luxury oceanfront development planned as a twin tower development with low density at only 95 large condominium residences and penthouse homes in each tower, each of the luxury towers reaching 51-stories making it one of the tallest building in Sunny Isles Beach
The Estates at Acqualina location is the 5.6-acre oceanfront site just North of the Acqualina Resort and Residences, the current Golden Strand Ocean Villa Resort condo-hotel will soon make way for the new construction of the twin towers The Estates at Acqualina in Sunny Isles.
Two additional Ultra-Luxury buildings deserving of the Acqualina name in the city of Sunny Isles Beach. The Acqualina distinct architecture of Italian and Mediterranean style with ultra-luxury lobbies and incomparable amenities levels and top notch service will make The Estates at Acqualina one of a handful of buildings with a 5 Star rating.
AMENITIES
Estates at Acqualina Condominium Property Amenities & Services include:
24-hour valet service attendants, secure parking garage and assistance with packages and deliveries
24-hour security services by highly-trained individuals
A resident concierge to assist in coordinating worldwide travel plans, event reservations and last minute restaurant reservations
House car
Access to the over 45,000 square foot Villa Acqualina wich includes Circus Maximus
Access to 2-acres of beachfront amenities
SELECT SERVICES FOR RESIDENTS (AT ADDITIONAL COST)
Personal touches are never more important than in your home itself, a point that housekeeping consistently strives to achieve. This service will allow for your home to be meticulously cared for when residents are away and prepared to your standards upon your return. Stocking the refrigerator with your favorite foods, and refreshing the floral arrangements are just few ways in which discreet and seamless service can provide effortless living at the Estates at Acqualina.
Housekeeping service
Children’s program
Nanny and child care services
Personalized services for pets
Dry cleaning and laundry service
Personal chauffeur/limousine service
ESPA Spa
Gourmet dining at Acqualina Resort’s two restaurants
ROOF TOP
Pool
Lounge and daybeds
Fireplace
Food and beverage service available, at additional cost
AMENITIES ON THE BEACH
Two acres of waterfront amenities including:
FlowRider® wave simulator
8 Pools include – Zero entry pools with slides, adult pool and childrens pool
Cabanas (Available for sale)
Half court basketball court
Towel and chair service on the beach
Ocean-edge dining at the beach bar and grill
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CONDOS FOR SALE
CONDOS FOR RENT
CONDOS FOR SALE
CONDOS FOR RENT
The Estates At Acqualina, Sunny Isles Beach – FLOOR PLANS
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UNIT 1
UNIT 2
UNIT 3
UNIT 4
UNIT 5
UNIT 1
UNIT 2
UNIT 3
UNIT 4
UNIT 5
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nicolesrollins · 6 years ago
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(Illustration by Nate Kitch)
For more than a year, nearly 850 construction workers have been furiously transforming 27 acres of once-abandoned lots in downtown Miami into one of the biggest developments in city history. Within the sprawling $4 billion Miami Worldcenter project, work crews have completed a 444-unit rental apartment tower called Caoba while putting the finishing touches on the 60-floor luxury condominium Paramount Miami Worldcenter and starting on the first phase of the development’s open-air retail and restaurant complex.
In total, they built about 1.25 million square feet of the Miami Worldcenter development last year, placing a joint venture between Coastal Construction and AECOM Tishman — the general contractors managing the massive project — first among construction firms that built the most square footage in Miami in 2018, according to The Real Deal’s ranking of builders operating in the city. Once completed, the massive project’s first phase will be close to 4 million square feet. It could possibly add 4 million more in subsequent phases on 10 city blocks owned by developers Art Falcone and Nitin Motwani — who have a number of partners that include CIM Group, Paramount developer Dan Kodsi, citizenM and others.
For the big construction firms like the Coastal-Tishman team, 2018 was a very busy year for erecting new buildings in Miami. From Brickell Avenue to Wynwood, the contractors worked on a slew of signature projects, including Brickell Flatiron, the SLS Lux Brickell, Wynwood 25 and the Bradley, to name a few. This month, TRD analyzed all new master building permits issued in 2018 by the city’s Building Department to determine which firms had the most work last year. Only master permits that specifically listed the general contractor were used in the analysis. No phased permits were considered.
Even though announcements for new condo projects have slowed since 2016, general contractors remain bullish about their prospects in 2019 and the following year. They point to a booming U.S. economy, a fairly recent slide in the price of materials and a shift to other real estate sectors aside from condo construction, such as bidding more on institutional, sports and mixed-use projects. However, with skilled labor in short supply and the cost of paying those workers climbing, the building industry could experience some headwinds by mid-2021, according to some general contractors
2020 and beyond
While builders have been busy, some say the pipeline for certain kinds of developments may soon dry up. Some luxury condo projects that have been on the drawing board for four years or more are getting tabled, said Tom C. Murphy, co-president of South Miami-based Coastal. “With the rising cost of construction and labor, something that was conceived four years ago, we can’t do it today,” Murphy said. “The numbers don’t make sense now.”
He is also concerned with how the overall global economy will fare over the next 12 months. “The strength of the international community that travels to South Florida is of great importance to us,” Murphy said. “It is something we are paying attention to.”
Michael Brown, Florida executive vice president and general manager for construction firm Skanska USA, said he expects the momentum from 2018 to barrel along through the end of this year. “The issue will be in 2020 in terms of how many new construction starts we will see,” Brown said. “We are seeing some slowing down on the residential side, particularly with multifamily.”
Brown added that interest rate hikes over the next two years could also deter developers from beginning projects. “All those things working together means we will see fewer construction starts in the second quarter of 2020,” he said. “By 2021, we may be seeing some decline.”
Construction firms had a lot of work in 2018 because those companies are building projects that have presold a significant number of units since launching sales at least two years ago, said Ed Easton, chairman of the Easton Group development firm. “That phase will definitely slow down by early 2020,” he added. “That will be a slower than normal year for construction.”
Coastal has been busy building luxury residential projects that are close to selling out units, Murphy said. The mixed-use Miami Worldcenter, for example, is the biggest construction site in Florida and will remain so until 2021, when the first phase is supposed to be finished. Paramount, the project’s condominium, has sold out 85 percent of its more than 500 units.
“We will see revenues and the square footage under contract increase in 2019, more so than in 2018,” Murphy said. “I still believe Miami is well-positioned. We are fortunate to be working on high-rise [condo] buildings where sales are continuing at a good pace.”
In addition to Miami Worldcenter, Coastal had more than 10 million square feet under contract throughout Miami-Dade County last year, Murphy said. The firm broke ground on the Estates at Acqualina in Sunny Isles Beach and is halfway through construction of Aston Martin Residences in Downtown Miami. In January, Coastal began work on MiMo Bay Apartments in Miami’s Upper Eastside and University Bridge Residences, a student housing apartment tower near Florida International University’s main campus.
“When you have good relationships with experienced developers, you will always have good work,” Murphy said. “Instead of looking to build everything in one particular segment of the market, we diversify by working with good developers in any space.”
In the mix
The big general contractors have learned how to quickly shift to other sectors since the 2008 recession, said Peter Dyga, Florida East Coast chapter president and CEO of the trade group Associated Builders and Contractors, or ABC. “I can’t find a single member who is concerned about this year,” Dyga said. “They all universally say it is strong in terms of the amount of work they have and that the mix of projects is good.”
According to a 2019 construction outlook report by Dodge Data and Analytics, U.S. construction starts for 2019 will be $808 billion, essentially the same as it was in 2018. The Dodge report predicts multifamily and commercial building construction will dip by 8 percent and 3 percent, respectively, compared to 2018. Dodge also said that the construction of offices, warehouses and hotels will also fall back, while the building of educational, health care, public works and amusement-related facilities will experience slight increases.
Bob Moss, CEO and chairman of Moss and Associates, is among the ABC members who are bullish about 2019. “Miami is still a very robust market,” Moss said. “Yes, we will see fewer condo starts, but there are still plenty of other projects to get excited about. We are doing a lot of university work, most of it in housing areas and laboratory spaces. And we are doing quite a bit of medical building work and continue to work in the sports sector.”
Among the projects that made Moss and Associates the No. 4 firm for square footage in 2018 was SLS Lux Brickell, a 57-story luxury tower by the Related Group. Moss finished construction in April. Nine months later, Moss and Associates topped off Brickell Flatiron, Ugo Colombo’s 64-story condominium two blocks south of SLS Lux. Outside Miami’s city limits, Moss and Associates completed the 235-unit Harbour condominium in North Miami Beach and finished construction of the tennis facility at Hard Rock Stadium in Miami Gardens. The facility is the new home for the Miami Open.
“With so much competition in Miami-Dade, we strive to provide strong, effective project management teams and leadership,” Moss said. “We deliver on our promises and maintain close relationships with our clients.”
According to the TRD analysis of permits, John Moriarty and Associates, a New England-based company that does work throughout Florida, took second place by completing 974,700 square feet in 2018. Third-place finisher Turner Construction completed 361,400 square feet. Fort Lauderdale-based Moss and Associates and Miami-based Beauchamp Construction round out the top five with 286,300 square feet and 281,700 square feet, respectively. Executives for John Moriarty, Turner and Beauchamp did not respond to requests for interviews.
Parts and labor
Another indicator that bodes well for the construction industry is the cost of construction materials, ABC’s Dyga said. While construction input prices increased 1.6 percent year over year in 2018, the last three months have shown a decline in prices, according to the association’s most recent analysis of U.S. Bureau of Labor statistics released in February.
In a statement, Anirban Basu, ABC’s chief economist, said the average price for steel and softwood lumber, two products impacted by U.S. tariffs implemented by the Trump administration last year, decreased by 1 percent and 0.8 percent, respectively, in January. Prices for natural gas and unprocessed energy materials slipped 32.2 percent and 19 percent, respectively, Basu added. That puts builders on a better footing than where they were at this time last year.
“In early 2018, contractors and their customers were being hammered by rapid increases in materials prices,” Basu said. “Not only were prices rising, but there were concerns about the availability of certain precious commodities, including domestically produced steel.”
By the second half of 2018, the global economy softened, helping to push down the prices for oil, copper and other key construction-related commodities, Basu explained. It has also helped that President Donald Trump continues to delay increasing tariffs to 25 percent from 10 percent.
“For contractors, this helps sustain profit margins at a time of rapidly growing worker compensation costs,” he said. “For consumers of construction services, this should help lead to more favorable bids and greater likelihood that projects, whether publicly or privately financed, will move forward.”
Yet if the construction industry doesn’t figure out how to recruit more skilled laborers into the fold, it could spell trouble. Skanska’s Brown said finding enough construction workers at a time when business is strong is his biggest concern. “There is no doubt, labor is a big issue,” Brown said. “When the market does well, it creates upward pressure on costs and challenges in finding people to do the work.”
Dyga, ABC’s Florida chapter president, concurred. “Going forward, any labor shortage can negatively impact the market more than anything else,” he said. “Nationwide, we are short about a half million skilled labor workers. We are only seeing a 2 percent annual growth.”
To attract new workers into construction trades, general contractors will have to increase wages, which in turn means projects could become more expensive to build. “It could lead to either a slowdown or an inflation in construction prices,” Dyga said.
The construction industry could tackle labor shortages through technology. “In the past we have been guilty of being slow adopters,” Dyga said. “But I think the adoption of robotic building and other technology to counter the labor crunch will accelerate.”
In addition, Dyga said, ABC is working on ways to recruit and retain the industry’s future workforce. For example, the trade group is engaging in a public relations campaign to promote construction apprenticeships as being just as good as a four-year degree, Dyga said. “Historically, we have not done a good job promoting quality jobs in construction,” he said. “As a result, we don’t have enough skilled folks to do the work.”
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alfredrserrano · 6 years ago
Text
These are the busiest construction firms in Miami
(Illustration by Nate Kitch)
For more than a year, nearly 850 construction workers have been furiously transforming 27 acres of once-abandoned lots in downtown Miami into one of the biggest developments in city history. Within the sprawling $4 billion Miami Worldcenter project, work crews have completed a 444-unit rental apartment tower called Caoba while putting the finishing touches on the 60-floor luxury condominium Paramount Miami Worldcenter and starting on the first phase of the development’s open-air retail and restaurant complex.
In total, they built about 1.25 million square feet of the Miami Worldcenter development last year, placing a joint venture between Coastal Construction and AECOM Tishman — the general contractors managing the massive project — first among construction firms that built the most square footage in Miami in 2018, according to The Real Deal’s ranking of builders operating in the city. Once completed, the massive project’s first phase will be close to 4 million square feet. It could possibly add 4 million more in subsequent phases on 10 city blocks owned by developers Art Falcone and Nitin Motwani — who have a number of partners that include CIM Group, Paramount developer Dan Kodsi, citizenM and others.
For the big construction firms like the Coastal-Tishman team, 2018 was a very busy year for erecting new buildings in Miami. From Brickell Avenue to Wynwood, the contractors worked on a slew of signature projects, including Brickell Flatiron, the SLS Lux Brickell, Wynwood 25 and the Bradley, to name a few. This month, TRD analyzed all new master building permits issued in 2018 by the city’s Building Department to determine which firms had the most work last year. Only master permits that specifically listed the general contractor were used in the analysis. No phased permits were considered.
Even though announcements for new condo projects have slowed since 2016, general contractors remain bullish about their prospects in 2019 and the following year. They point to a booming U.S. economy, a fairly recent slide in the price of materials and a shift to other real estate sectors aside from condo construction, such as bidding more on institutional, sports and mixed-use projects. However, with skilled labor in short supply and the cost of paying those workers climbing, the building industry could experience some headwinds by mid-2021, according to some general contractors
2020 and beyond
While builders have been busy, some say the pipeline for certain kinds of developments may soon dry up. Some luxury condo projects that have been on the drawing board for four years or more are getting tabled, said Tom C. Murphy, co-president of South Miami-based Coastal. “With the rising cost of construction and labor, something that was conceived four years ago, we can’t do it today,” Murphy said. “The numbers don’t make sense now.”
He is also concerned with how the overall global economy will fare over the next 12 months. “The strength of the international community that travels to South Florida is of great importance to us,” Murphy said. “It is something we are paying attention to.”
Michael Brown, Florida executive vice president and general manager for construction firm Skanska USA, said he expects the momentum from 2018 to barrel along through the end of this year. “The issue will be in 2020 in terms of how many new construction starts we will see,” Brown said. “We are seeing some slowing down on the residential side, particularly with multifamily.”
Brown added that interest rate hikes over the next two years could also deter developers from beginning projects. “All those things working together means we will see fewer construction starts in the second quarter of 2020,” he said. “By 2021, we may be seeing some decline.”
Construction firms had a lot of work in 2018 because those companies are building projects that have presold a significant number of units since launching sales at least two years ago, said Ed Easton, chairman of the Easton Group development firm. “That phase will definitely slow down by early 2020,” he added. “That will be a slower than normal year for construction.”
Coastal has been busy building luxury residential projects that are close to selling out units, Murphy said. The mixed-use Miami Worldcenter, for example, is the biggest construction site in Florida and will remain so until 2021, when the first phase is supposed to be finished. Paramount, the project’s condominium, has sold out 85 percent of its more than 500 units.
“We will see revenues and the square footage under contract increase in 2019, more so than in 2018,” Murphy said. “I still believe Miami is well-positioned. We are fortunate to be working on high-rise [condo] buildings where sales are continuing at a good pace.”
In addition to Miami Worldcenter, Coastal had more than 10 million square feet under contract throughout Miami-Dade County last year, Murphy said. The firm broke ground on the Estates at Acqualina in Sunny Isles Beach and is halfway through construction of Aston Martin Residences in Downtown Miami. In January, Coastal began work on MiMo Bay Apartments in Miami’s Upper Eastside and University Bridge Residences, a student housing apartment tower near Florida International University’s main campus.
“When you have good relationships with experienced developers, you will always have good work,” Murphy said. “Instead of looking to build everything in one particular segment of the market, we diversify by working with good developers in any space.”
In the mix
The big general contractors have learned how to quickly shift to other sectors since the 2008 recession, said Peter Dyga, Florida East Coast chapter president and CEO of the trade group Associated Builders and Contractors, or ABC. “I can’t find a single member who is concerned about this year,” Dyga said. “They all universally say it is strong in terms of the amount of work they have and that the mix of projects is good.”
According to a 2019 construction outlook report by Dodge Data and Analytics, U.S. construction starts for 2019 will be $808 billion, essentially the same as it was in 2018. The Dodge report predicts multifamily and commercial building construction will dip by 8 percent and 3 percent, respectively, compared to 2018. Dodge also said that the construction of offices, warehouses and hotels will also fall back, while the building of educational, health care, public works and amusement-related facilities will experience slight increases.
Bob Moss, CEO and chairman of Moss and Associates, is among the ABC members who are bullish about 2019. “Miami is still a very robust market,” Moss said. “Yes, we will see fewer condo starts, but there are still plenty of other projects to get excited about. We are doing a lot of university work, most of it in housing areas and laboratory spaces. And we are doing quite a bit of medical building work and continue to work in the sports sector.”
Among the projects that made Moss and Associates the No. 4 firm for square footage in 2018 was SLS Lux Brickell, a 57-story luxury tower by the Related Group. Moss finished construction in April. Nine months later, Moss and Associates topped off Brickell Flatiron, Ugo Colombo’s 64-story condominium two blocks south of SLS Lux. Outside Miami’s city limits, Moss and Associates completed the 235-unit Harbour condominium in North Miami Beach and finished construction of the tennis facility at Hard Rock Stadium in Miami Gardens. The facility is the new home for the Miami Open.
“With so much competition in Miami-Dade, we strive to provide strong, effective project management teams and leadership,” Moss said. “We deliver on our promises and maintain close relationships with our clients.”
According to the TRD analysis of permits, John Moriarty and Associates, a New England-based company that does work throughout Florida, took second place by completing 974,700 square feet in 2018. Third-place finisher Turner Construction completed 361,400 square feet. Fort Lauderdale-based Moss and Associates and Miami-based Beauchamp Construction round out the top five with 286,300 square feet and 281,700 square feet, respectively. Executives for John Moriarty, Turner and Beauchamp did not respond to requests for interviews.
Parts and labor
Another indicator that bodes well for the construction industry is the cost of construction materials, ABC’s Dyga said. While construction input prices increased 1.6 percent year over year in 2018, the last three months have shown a decline in prices, according to the association’s most recent analysis of U.S. Bureau of Labor statistics released in February.
In a statement, Anirban Basu, ABC’s chief economist, said the average price for steel and softwood lumber, two products impacted by U.S. tariffs implemented by the Trump administration last year, decreased by 1 percent and 0.8 percent, respectively, in January. Prices for natural gas and unprocessed energy materials slipped 32.2 percent and 19 percent, respectively, Basu added. That puts builders on a better footing than where they were at this time last year.
“In early 2018, contractors and their customers were being hammered by rapid increases in materials prices,” Basu said. “Not only were prices rising, but there were concerns about the availability of certain precious commodities, including domestically produced steel.”
By the second half of 2018, the global economy softened, helping to push down the prices for oil, copper and other key construction-related commodities, Basu explained. It has also helped that President Donald Trump continues to delay increasing tariffs to 25 percent from 10 percent.
“For contractors, this helps sustain profit margins at a time of rapidly growing worker compensation costs,” he said. “For consumers of construction services, this should help lead to more favorable bids and greater likelihood that projects, whether publicly or privately financed, will move forward.”
Yet if the construction industry doesn’t figure out how to recruit more skilled laborers into the fold, it could spell trouble. Skanska’s Brown said finding enough construction workers at a time when business is strong is his biggest concern. “There is no doubt, labor is a big issue,” Brown said. “When the market does well, it creates upward pressure on costs and challenges in finding people to do the work.”
Dyga, ABC’s Florida chapter president, concurred. “Going forward, any labor shortage can negatively impact the market more than anything else,” he said. “Nationwide, we are short about a half million skilled labor workers. We are only seeing a 2 percent annual growth.”
To attract new workers into construction trades, general contractors will have to increase wages, which in turn means projects could become more expensive to build. “It could lead to either a slowdown or an inflation in construction prices,” Dyga said.
The construction industry could tackle labor shortages through technology. “In the past we have been guilty of being slow adopters,” Dyga said. “But I think the adoption of robotic building and other technology to counter the labor crunch will accelerate.”
In addition, Dyga said, ABC is working on ways to recruit and retain the industry’s future workforce. For example, the trade group is engaging in a public relations campaign to promote construction apprenticeships as being just as good as a four-year degree, Dyga said. “Historically, we have not done a good job promoting quality jobs in construction,” he said. “As a result, we don’t have enough skilled folks to do the work.”
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juditmiltz · 6 years ago
Text
These are the busiest construction firms in Miami
(Illustration by Nate Kitch)
For more than a year, nearly 850 construction workers have been furiously transforming 27 acres of once-abandoned lots in downtown Miami into one of the biggest developments in city history. Within the sprawling $4 billion Miami Worldcenter project, work crews have completed a 444-unit rental apartment tower called Caoba while putting the finishing touches on the 60-floor luxury condominium Paramount Miami Worldcenter and starting on the first phase of the development’s open-air retail and restaurant complex.
In total, they built about 1.25 million square feet of the Miami Worldcenter development last year, placing a joint venture between Coastal Construction and AECOM Tishman — the general contractors managing the massive project — first among construction firms that built the most square footage in Miami in 2018, according to The Real Deal’s ranking of builders operating in the city. Once completed, the massive project’s first phase will be close to 4 million square feet. It could possibly add 4 million more in subsequent phases on 10 city blocks owned by developers Art Falcone and Nitin Motwani — who have a number of partners that include CIM Group, Paramount developer Dan Kodsi, citizenM and others.
For the big construction firms like the Coastal-Tishman team, 2018 was a very busy year for erecting new buildings in Miami. From Brickell Avenue to Wynwood, the contractors worked on a slew of signature projects, including Brickell Flatiron, the SLS Lux Brickell, Wynwood 25 and the Bradley, to name a few. This month, TRD analyzed all new master building permits issued in 2018 by the city’s Building Department to determine which firms had the most work last year. Only master permits that specifically listed the general contractor were used in the analysis. No phased permits were considered.
Even though announcements for new condo projects have slowed since 2016, general contractors remain bullish about their prospects in 2019 and the following year. They point to a booming U.S. economy, a fairly recent slide in the price of materials and a shift to other real estate sectors aside from condo construction, such as bidding more on institutional, sports and mixed-use projects. However, with skilled labor in short supply and the cost of paying those workers climbing, the building industry could experience some headwinds by mid-2021, according to some general contractors
2020 and beyond
While builders have been busy, some say the pipeline for certain kinds of developments may soon dry up. Some luxury condo projects that have been on the drawing board for four years or more are getting tabled, said Tom C. Murphy, co-president of South Miami-based Coastal. “With the rising cost of construction and labor, something that was conceived four years ago, we can’t do it today,” Murphy said. “The numbers don’t make sense now.”
He is also concerned with how the overall global economy will fare over the next 12 months. “The strength of the international community that travels to South Florida is of great importance to us,” Murphy said. “It is something we are paying attention to.”
Michael Brown, Florida executive vice president and general manager for construction firm Skanska USA, said he expects the momentum from 2018 to barrel along through the end of this year. “The issue will be in 2020 in terms of how many new construction starts we will see,” Brown said. “We are seeing some slowing down on the residential side, particularly with multifamily.”
Brown added that interest rate hikes over the next two years could also deter developers from beginning projects. “All those things working together means we will see fewer construction starts in the second quarter of 2020,” he said. “By 2021, we may be seeing some decline.”
Construction firms had a lot of work in 2018 because those companies are building projects that have presold a significant number of units since launching sales at least two years ago, said Ed Easton, chairman of the Easton Group development firm. “That phase will definitely slow down by early 2020,” he added. “That will be a slower than normal year for construction.”
Coastal has been busy building luxury residential projects that are close to selling out units, Murphy said. The mixed-use Miami Worldcenter, for example, is the biggest construction site in Florida and will remain so until 2021, when the first phase is supposed to be finished. Paramount, the project’s condominium, has sold out 85 percent of its more than 500 units.
“We will see revenues and the square footage under contract increase in 2019, more so than in 2018,” Murphy said. “I still believe Miami is well-positioned. We are fortunate to be working on high-rise [condo] buildings where sales are continuing at a good pace.”
In addition to Miami Worldcenter, Coastal had more than 10 million square feet under contract throughout Miami-Dade County last year, Murphy said. The firm broke ground on the Estates at Acqualina in Sunny Isles Beach and is halfway through construction of Aston Martin Residences in Downtown Miami. In January, Coastal began work on MiMo Bay Apartments in Miami’s Upper Eastside and University Bridge Residences, a student housing apartment tower near Florida International University’s main campus.
“When you have good relationships with experienced developers, you will always have good work,” Murphy said. “Instead of looking to build everything in one particular segment of the market, we diversify by working with good developers in any space.”
In the mix
The big general contractors have learned how to quickly shift to other sectors since the 2008 recession, said Peter Dyga, Florida East Coast chapter president and CEO of the trade group Associated Builders and Contractors, or ABC. “I can’t find a single member who is concerned about this year,” Dyga said. “They all universally say it is strong in terms of the amount of work they have and that the mix of projects is good.”
According to a 2019 construction outlook report by Dodge Data and Analytics, U.S. construction starts for 2019 will be $808 billion, essentially the same as it was in 2018. The Dodge report predicts multifamily and commercial building construction will dip by 8 percent and 3 percent, respectively, compared to 2018. Dodge also said that the construction of offices, warehouses and hotels will also fall back, while the building of educational, health care, public works and amusement-related facilities will experience slight increases.
Bob Moss, CEO and chairman of Moss and Associates, is among the ABC members who are bullish about 2019. “Miami is still a very robust market,” Moss said. “Yes, we will see fewer condo starts, but there are still plenty of other projects to get excited about. We are doing a lot of university work, most of it in housing areas and laboratory spaces. And we are doing quite a bit of medical building work and continue to work in the sports sector.”
Among the projects that made Moss and Associates the No. 4 firm for square footage in 2018 was SLS Lux Brickell, a 57-story luxury tower by the Related Group. Moss finished construction in April. Nine months later, Moss and Associates topped off Brickell Flatiron, Ugo Colombo’s 64-story condominium two blocks south of SLS Lux. Outside Miami’s city limits, Moss and Associates completed the 235-unit Harbour condominium in North Miami Beach and finished construction of the tennis facility at Hard Rock Stadium in Miami Gardens. The facility is the new home for the Miami Open.
“With so much competition in Miami-Dade, we strive to provide strong, effective project management teams and leadership,” Moss said. “We deliver on our promises and maintain close relationships with our clients.”
According to the TRD analysis of permits, John Moriarty and Associates, a New England-based company that does work throughout Florida, took second place by completing 974,700 square feet in 2018. Third-place finisher Turner Construction completed 361,400 square feet. Fort Lauderdale-based Moss and Associates and Miami-based Beauchamp Construction round out the top five with 286,300 square feet and 281,700 square feet, respectively. Executives for John Moriarty, Turner and Beauchamp did not respond to requests for interviews.
Parts and labor
Another indicator that bodes well for the construction industry is the cost of construction materials, ABC’s Dyga said. While construction input prices increased 1.6 percent year over year in 2018, the last three months have shown a decline in prices, according to the association’s most recent analysis of U.S. Bureau of Labor statistics released in February.
In a statement, Anirban Basu, ABC’s chief economist, said the average price for steel and softwood lumber, two products impacted by U.S. tariffs implemented by the Trump administration last year, decreased by 1 percent and 0.8 percent, respectively, in January. Prices for natural gas and unprocessed energy materials slipped 32.2 percent and 19 percent, respectively, Basu added. That puts builders on a better footing than where they were at this time last year.
“In early 2018, contractors and their customers were being hammered by rapid increases in materials prices,” Basu said. “Not only were prices rising, but there were concerns about the availability of certain precious commodities, including domestically produced steel.”
By the second half of 2018, the global economy softened, helping to push down the prices for oil, copper and other key construction-related commodities, Basu explained. It has also helped that President Donald Trump continues to delay increasing tariffs to 25 percent from 10 percent.
“For contractors, this helps sustain profit margins at a time of rapidly growing worker compensation costs,” he said. “For consumers of construction services, this should help lead to more favorable bids and greater likelihood that projects, whether publicly or privately financed, will move forward.”
Yet if the construction industry doesn’t figure out how to recruit more skilled laborers into the fold, it could spell trouble. Skanska’s Brown said finding enough construction workers at a time when business is strong is his biggest concern. “There is no doubt, labor is a big issue,” Brown said. “When the market does well, it creates upward pressure on costs and challenges in finding people to do the work.”
Dyga, ABC’s Florida chapter president, concurred. “Going forward, any labor shortage can negatively impact the market more than anything else,” he said. “Nationwide, we are short about a half million skilled labor workers. We are only seeing a 2 percent annual growth.”
To attract new workers into construction trades, general contractors will have to increase wages, which in turn means projects could become more expensive to build. “It could lead to either a slowdown or an inflation in construction prices,” Dyga said.
The construction industry could tackle labor shortages through technology. “In the past we have been guilty of being slow adopters,” Dyga said. “But I think the adoption of robotic building and other technology to counter the labor crunch will accelerate.”
In addition, Dyga said, ABC is working on ways to recruit and retain the industry’s future workforce. For example, the trade group is engaging in a public relations campaign to promote construction apprenticeships as being just as good as a four-year degree, Dyga said. “Historically, we have not done a good job promoting quality jobs in construction,” he said. “As a result, we don’t have enough skilled folks to do the work.”
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