Construction Tops Off On 42 Pine At 340 West 42nd Street In Miami Beach

42 Pine, the highly anticipated boutique residential building at the prime intersection of Pine Tree Drive and 42nd Street, has reached its topping-off milestone, signaling significant progress towards its projected completion in Q1 2024. Designed by the esteemed architectural firm Arquitectonica for JP Roosevelt, an entity managed by the Boymelgreen family of real estate developers, this eight-story structure embodies timeless sophistication, poised to become a neighborhood icon. Last year, the project secured $35.5 million in financing from BridgeCity Capital to initiate construction, demonstrating strong investor confidence in the development’s success. Jacob Companies is managing construction.

Newly released photos, provided by the developers’ public relations team, offer a glimpse into the progress of the 8-story structure, revealing that construction has reached its topping-off milestone. AG Contractors is the shell contractor.

42 Pine. Credit: Bill Brothers (Golden Dusk Photography)

42 Pine. Credit: Bill Brothers (Golden Dusk Photography)

“Allan Lebovits, CEO of BridgeCity Capital, expressed his pride in the remarkable pace of construction and the opportunity to be part of a project that brings a new level of luxury to the area. The growing demand for new luxury residences in this highly sought-after pocket of Miami Beach is evident in the impressive sales velocity achieved thus far,” commented Allan Lebovits, CEO of BridgeCity Capital.

As the first full-service boutique condominium in the neighborhood, 42 Pine offers 50 meticulously crafted turnkey residences, ranging from one to four bedrooms, including eight exclusive penthouses. Each residence, spanning from 700 to 2,700 square feet for combined units, embodies a bespoke lifestyle emphasizing community and convenience. Thoughtfully designed by Arquitectonica, the interiors maximize space and seamlessly connect with the outdoors. Sweeping floor-to-ceiling windows and doors invite abundant natural light, while private terraces with glass railings create a seamless indoor/outdoor living experience.

42 Pine. Credit: Bill Brothers (Golden Dusk Photography)

42 Pine. Credit: Bill Brothers (Golden Dusk Photography)

“42 Pine represents a defining project in one of Miami Beach’s most vibrant and walkable neighborhoods,” remarked Jay Phillip Parker, Chief Executive Officer of Douglas Elliman Florida and President of Douglas Elliman Development Marketing, Florida. “We are thrilled to be one step closer to delivering these unparalleled residences and their luxury lifestyle, setting the benchmark for new developments in the renowned 41st Street vicinity.”

Residents of 42 Pine will relish various resort-style amenities and services suitable for all ages. The thoughtfully curated indoor and outdoor spaces include a stunning amenity deck featuring a 52-foot pool, a serene relaxation spa, luxurious cabanas with poolside service, and a tranquil yoga and meditation lawn, all ensconced in lush tropical landscaping. The property boasts a state-of-the-art fitness center equipped with advanced cardio and weight-strengthening equipment, complemented by an outdoor deck. Community-focused social spaces encompass a club and game room, a stylish media lounge, a spacious outdoor terrace, and a children’s playroom. A dedicated team of professionals, including concierge, doorman, valet, and porter service, stands ready to anticipate residents’ needs.

Rendering courtesy of 42 Pine.

Living room. Courtesy of 42 Pine.

Kitchen. Courtesy of 42 Pine.

Conveniently located at 340 West 42nd Street, in one of Miami Beach’s most coveted residential neighborhoods, residents of 42 Pine enjoy easy access to the beach, top-rated schools, upscale dining establishments, houses of worship, and a variety of boutique shopping experiences, all within walking distance.

With limited residences remaining, prices at 42 Pine range from $700,000 to $3,000,000. Mushka Jacobson exclusively manages sales and marketing for this exceptional development with Douglas Elliman, a trusted name in the real estate industry.

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