Luxury

FAA Building Permits Approved For 497-Foot-Tall Structure At 526 NE 34th Street In Edgewater

8:00 am on July 11, 2022 By Oscar Nunez

The Federal Aviation Administration has approved building permits for a 497-foot-tall structure in Edgewater, Miami. According to the included coordinates, the building would occupy a 22,000-square-foot assemblage of lots including 510, 522, 526 and 532 Northeast 34th Streets. The property is located across the street from the Hamilton on the Bay rental tower, and is just steps away from a dead end on Northeast 34th Street fronting Biscayne Bay. Three of the lots are owned by Nardware Properties LLC, and the other by 510 34th LLC; Hamilton on the Bay III, LLC is listed as the applicant, all of which are affiliates of Denver-based real estate developer AIMCO. The permits were applied for on April 13, 2022, and were approved by the FAA on July 8, 2022, lasting only three months for approvals.

Odyssey by Soltura Finishes Construction at 10131 Soltura Drive, Fort Myers, Florida

7:00 am on July 11, 2022 By Colt Dodd

Odyssey by Soltura is now offering in-person tours for its new luxury apartments in Fort Myers, Florida. The venture broke ground in 2021, offering 129 homes on a 12-acre lot. The venture itself required $29 million to complete, and the developer purchased the build site for $650,000 in February 2021. Some homes will become available starting July 15, 2022.

Construction Completes On Villa Valencia At 515 Valencia Avenue In Coral Gables

8:00 am on July 10, 2022 By Oscar Nunez

Construction is complete on Villa Valencia, 13-story luxury residential high-rise building at 515 Valencia Avenue in Coral Gables, Miami-Dade County. Designed by local architect Hamed Rodriguez Architects with Miami-based L&ND as the landscape architect and developed by Miami-based Location Ventures, the approximately 154-foot-tall structure comprises a distinguished collection of just 39 luxury condominiums ranging from two to three-bedroom units. The development integrates the revolutionary Delos’ DARWIN Home Wellness Intelligence network which provides advanced air purification, water filtration, lighting solutions and enhanced sleep systems. Villa Valencia recently received its Temporary Certificate of Occupancy (TCO); closings are currently underway, and residents have begun to occupy their residences. Winmar Construction served as the general contractor.

PMG And Greybrook Shift 49-Story Downtown Miami Project To Condos And Short-Term Rentals, Launched As The Elser Hotel & Residences

8:00 am on July 9, 2022 By Oscar Nunez

National investment and development firm Property Markets Group and Toronto-based real estate private equity firm Greybrook have changed the programming for a newly completed 49-story project once known as Society Biscayne on the southwest corner of Biscayne Boulevard and Northeast 5th Street. The developers rebranded and launched the 571-foot-tall tower as The Elser Hotel & Residences and the property is now addressed as 398 Northeast 5th Street. The newly completed tower offers 646 fully furnished residences, over 19,000 square feet of curated amenities and 5,000 square feet of prime retail space. PMG Residential is the exclusive sales team for the property, with residences priced from the $600,000’s or the equivalent cryptocurrency exchange rate.

OKO Group And Cain International Get $97.2 Million In Construction Financing For 34-Story One River In Fort Lauderdale

8:00 am on July 8, 2022 By Oscar Nunez

OKO Group and Cain International have secured $97.2 million in construction financing for their next joint venture development: One River, a new 34-story luxury multifamily tower located addressed as 629 Southeast 5th Avenue in Fort Lauderdale, Florida. Financing is broken down into two loans, a senior construction loan provided by Bank OZK, and a mezzanine construction loan provided by JVP Management, which will fund the construction of the tower. One River will encompass 251 high-end apartments and 2,600 square feet of ground level retail space. Vertical construction is scheduled to begin this summer, with delivery expected September 2024.

Aventura Park Planned for 17990 West Dixie Highway, Aventura, Florida, 33180

7:00 am on July 8, 2022 By Colt Dodd

Aventura Park is unfolding in Miami-Dade County, Florida. The eight-story building will comprise more than 236,000 square feet of new construction, offering 290 apartments. The South Florida Business Journal reports that the development will also have 1,450 square feet of retail space and 435 parking spots.

The Julia To Offer 15 Luxury Units in St. Petersburg, Florida, in Pinellas County

7:00 am on July 6, 2022 By Colt Dodd

The Julia is now leasing units in St. Petersburg, Florida. The multi-million-dollar venture measures 19 stories above grade and offers lofts, full-estate units, and penthouses. Some units comprise 8,000 square feet of new construction; 6,000 square feet of interior space, and 2,000 square feet of outdoor terraces.

Legacy Hills’ Offers 48 Homes in Apopka, Florida

7:00 am on July 5, 2022 By Colt Dodd

KB Home has a new housing development unfolding in Apopka, Florida. Legacy Hills is a 48-lot community that features homes starting in the mid-$400,000s. GrowthSpotter reports that there are seven floorplans to choose from, measuring from 1,800 square feet to 3,203 square feet each. Homes range from four-bedroom to six-bedroom units.

The Beacon To Offer Luxury Homes at 1243 2nd Street, Sarasota, Florida, 34236

7:00 am on June 27, 2022 By Colt Dodd

Construction’s expected to start on the Beacon later this year in Sarasota, Florida. The luxury housing development will offer six residences, including two penthouses measuring around 7,000 square feet each.

One Park Sarasota Opens Sales Gallery at 20 N. Lemon Ave., Reaches 50% Sold Mark

8:00 am on June 25, 2022 By Oscar Nunez

National developer Property Markets Group (PMG) and Sarasota-based JEBCO Ventures, are pleased to announce the grand opening of One Park Sarasota’s Sales Gallery located at 20 North Lemon Avenue. The sales gallery launches at the heels of astounding sales success, having sold over 50% of its units and slated to break ground in Q1 of 2023. One Park’s experiential sales gallery features a high tech immersive 10’ tall x 16’ wide LED wall that showcases the development and bay area, a full-size model kitchen, and an owner’s suite grand closet. Experience exceptional service and a serene ambiance as you immerse yourself in luxury living reimagined.

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