Developer Multiplan REAM and exclusive sales and marketing agent The Carmenate/Duchon Team at The Corcoran Group, have announced the $32 million sell-out of Ocean Park, a 4-story luxury boutique condominium under construction at 312 Ocean Drive in Miami Beach’s coveted South of Fifth neighborhood. Situated directly across from Marjory Stoneman Douglas Oceanfront Park, the building yields 10 residences offering the ultimate South Florida lifestyle. Walls of glass will provide views of the park and the Atlantic, and new residents will enjoy generous private outdoor living spaces along with tranquil common areas.
Designed Revuelta Architecture International with interiors by Marcela Lombana, the building was designed for sustainability. Extensive tropical vegetation and a green roof, high-performance glass, low-flow plumbing fixtures, and energy efficient systems and insulation were incorporated into the plans.
“We created Ocean Park to have a connection to the community and an intimate feel,” explained Marcelo Kingston, Managing Partner of Multiplan REAM. “South of Fifth is a true walkable neighborhood, with an upscale ‘beach town’ feel that’s unique in Miami Beach. We wanted our development to celebrate that special atmosphere. The building’s success reflects that there’s a desire from buyers to have privacy and exclusivity, but without living high in a tower.”
Ocean Park’s condominium units are comprised of two-and-three bedroom floor plans ranging from 1,117 to 1,717 square feet, and boast expansive outdoor areas. There are also 2 four-bedroom penthouses, each spanning 2,393 square feet with an additional 2,200 plus square feet of terrace space. Private and semi-private elevators with direct foyer access, floor-to-ceiling windows, solid oak floors, and baths with marble showers and freestanding tubs are key features of each home. Kitchens include Poliform cabinetry, porcelain Calacatta waterfall countertops, and appliances by Wolf and Sub-Zero.
“Ocean Park attracted a diverse array of largely domestic buyers. The appeal was a combination of the unique product, the prime location, and the developer’s strong track record,” reports Eloy Carmenate, who handled sales along with business partner, Mick Duchon. “We were selling from floorplans and in some cases via Zoom calls, but were able to leverage our physical sales gallery to show clients the actual finishes and fixtures. There’s unprecedented demand for Miami real estate, especially for a product this desirable. We are proud to have achieved sales of over $2,000 per square foot, which is remarkably strong for a non-oceanfront property.”
Amenities include a lavishly landscaped tropical outdoor areas, a 36’ pool with Italian-designed poolside chaise lounges and umbrellas, an outdoor relaxation spa with Jacuzzi, poolside summer kitchen and outdoor dining, a relaxation lounge by the sunset pool deck, an outdoor gym deck, and easy access to South Beach, the Atlantic Ocean and Marjory Stoneman Douglas Oceanfront Park.
Preliminary sales for the development launched in January 2020, with construction commencing in February 2021. The building is expected to be completed and ready for occupancy by late summer of this year.
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YIKES; MORE “FLAT SLAB BALCONIES” FOR “THE GREAT FLORIDA COLLAPSE” TO COME…
DON’T LET YOUR GRANDMA SIT ON THOSE BALCONIES !!
Your act is getting old.