Arquitectonica-Designed 18-Story ’57 Ocean’ Condominium Sells Out As Development Reaches Completion

Construction is now complete at 57 Ocean, an 18-story condominium tower at 5775 Collins Avenue in Mid Beach, Miami Beach. Designed by renown architecture firm Arquitectonica and developed by Multiplan Real Estate Asset Management, the ultra-luxury residential development yields 69 units featuring interiors by Brazil-based Anastassiadis Arquitetos and penthouse units curated by Sofia Joelsson Design. The project made major headlines recently with the announcement of the sell out of inventory, including the sale of the pristine $36 million full-floor penthouse and in conjunction with obtaining a temporary certificate of occupancy.

The full-floor penthouse, touted as the crown jewel of the project, is comprised of approximately 7,500 square feet of interior space coupled with an additional 7,000+ square feet of outdoor terraces including a panoramic pool, spa pools, summer kitchen and sauna, and features five suites, office, private gym, club room, six full baths, and two powder rooms. Residents will enjoy breathtaking views facing the Atlantic Ocean with 360-degree views of the azure horizon and vibrant cityscape.

57 Ocean. Rendering courtesy of DBOX Global.

“The ocean was always a big reference in driving and creating a sense of place — how it feels to live by the water, how the beautiful ocean can improve lives. By tapping Arquitectonica for the project he not only brought a global perspective of architecture and design, but also an expertise in eliminating the boundaries that separate indoor and outdoor spaces to connect as one with the environment,” said Jose Isaac Peres, Founder of Multiplan Real Estate Asset Management.

57 Ocean. Rendering courtesy of DBOX.

Pools west west. Rendering courtesy of DBOX.

“The caliber of buyers we are seeing truly value wellness and seek to live in places that improve their quality of life and connect them to nature. We will continue developing unique projects in desirable waterfront locations and use the success of 57 Ocean to pave the way for Multiplan to expand and grow its high-end footprint in the U.S.,” said Marcelo Kingston, Managing Partner of Multiplan Real Estate Asset Management.

Balcony View. Rendering courtesy of DBOX.

Lobby. Rendering courtesy of DBOX.

57 Ocean embraces the concept of Blue Wellness, the idea that residing near or on water is good for physical and mental health. The blue mind is defined as the mildly meditative state-of-mind that makes one feel cool, calm, connected, creative, sometimes courageous, and compassionate.

Outdoor treatment area. Rendering courtesy of DBOX.

Pool. Rendering courtesy of DBOX.

“We are delighted to have sold-out the project before start closings on the units. None of this success would have been possible without the winning combination of location, product and execution by Multiplan REAM and our Fortune Sales and Marketing teams,” said Edgardo Defortuna, President and CEO of Fortune International Group, the exclusive residential brokerage for 57 Ocean. “Reaching above $4,500 per square foot is setting a new benchmark and positioning Miami real estate at a new precedent. We were honored to have been a part of this exceptional team.”

Spa. Rendering courtesy of DBOX.

Kids Room. Rendering courtesy of DBOX.

Party Room. Rendering courtesy of DBOX.

Library. Rendering courtesy of DBOX.

Grill Area. Rendering courtesy of DBOX.

Lounge Bar. Rendering courtesy of DBOX.

Relaxation Area. Rendering courtesy of DBOX.

Kitchen. Rendering courtesy of DBOX.

Collins Avenue City View. Rendering courtesy of DBOX.

Master Bathroom. Rendering courtesy of DBOX.

Living Room. Rendering courtesy of DBOX.

Master Bedroom. Rendering courtesy of DBOX.

Terrace. Rendering courtesy of DBOX.

The residential units across levels three through eighteen will come in two through four-bedroom floor plans, ranging from 2,143 square feet to 5,135 square feet of combined interior and exterior space. Aside from the penthouse, the remaining units will come categorized as Beach Houses, Residences and Sky Residences, depending on where in the tower the unit is located. All residences feature expansive terraces, as well as contemporary Italian kitchens and vanities by Poliform and premium appliances by Wolf and Sub-Zero. Five-star amenities include a holistic spa with treatments, a wellness pavilion with a thermal suite, a relaxation and meditation area, poolside treatment cabanas, a state-of-the-art fitness center with Technogym equipment.

Closings and move-ins will commence in October 2021.

Moss Construction is the general contractor for 57 Ocean.

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