Okan Group's acquisition of land in Downtown Miami represents a significant milestone in the city's ongoing evolution as a global real estate destination. With its proven track record and unwavering commitment to excellence, Okan Group is well-positioned to make a lasting impact on Miami's skyline and community. As the project takes shape, all eyes will be on Okan Group as it brings its vision to life and contributes to the continued growth and vibrancy of Downtown Miami.
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It is expected to be delivered summer of 2018.
Vice will offer: Studios, 1 BED, 2 BED, 3 BED as well as Junior 4s.
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Previous Purchase price : $440,000 in 1998
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JUST REDUCED >>>> $1,190,000
3 Bedrooms 3.5 Bathrooms | 2,046 SQFT
MLS: A10157147
1100 BISCAYNE BLVD UNIT#1702
MIAMI, FL 33132-1742
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$1,848,800
Price Sq/Ft $538
3 Bedrooms 2.5 Bathrooms | 3,437 Sq.Ft.
Year Built 1978 | Type Condominiums
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"I love helping people find places that match their personalities"
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Gencom has sold the Ritz-Carlton Coconut Grove for $24.63 million. About $214,000 per room, to Hersha Hospitality Trust.
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Russian people searched for South Florida property the most of any other country for the first time since the Realtors’ association began tracking web searches through its portal, Miamire.com, in 2013. Behind Russia was Colombia and Venezuela. In October, Canada topped the list, followed by Colombia and India.
Read More![Dr. Smood opens new location [Aventura Mall]](https://images.squarespace-cdn.com/content/v1/56703520d8af1045cf9bcf0d/1508794965489-6HLQPR6BHPLS5TROKK1Q/IMG_9605.jpg)
The property, which has 150 feet of waterfront, was approved by Bay Harbor Islands for a 30-unit, eight-story building with a pool and cabanas called Akua. The asking price breaks down to $361,800 per approved unit, and about $217 per square foot for the planned 49,909-square-foot building.
The land comes with plans for a project that was designed by Frankel Benayoun Architects, led by architect Markus Frankel. Frankel is designing a number of boutique projects in the two-island town, which has been flooded with proposals for roughly 30 new condo and townhouse projects. Commercial and multifamily development is only allowed on the east island.
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Bal Harbour Mayor Gabriel Groisman made the announcement at Tuesday night’s Village Council meeting, saying he had received a letter from Whitman Family Development withdrawing its proposal and requesting a meeting where new expansion plans could be discussed. Whitman Family Development submitted new plans last Friday for a planned expansion of Bal Harbour Shops. Grossman said his initial impression was that any new plan “would be a smaller plan than before.”
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A duplex penthouse in a new Miami beachfront condominium just chopped its asking price by more than 25% from the $53 million it was first listed for over a year ago.
Penthouse 900 at 321 Ocean Drive in Miami Beach is now listed for $39.5 million, with a price reduction of $13.5 million or over 25%, according to the Multiple Listing Service.
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Metro 1, the commercial real estate brokerage led by Tony Cho, has expanded to Palm Beach County through a merger with Sycamore Realty Advisors, led by Mark Roberto and Frank Fausone.
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A Miami investor paid $8 million for a corner gas station across the street from the Chetrit Group’s $1 billion Miami River project, adding to his holdings in the Brickell area.
Records show broker and investor Simon Karam’s City Block Properties LLC spent $378 per square foot for the 21,158-square-foot corner lot at 720 Southwest Second Avenue near Brickell City Centre. The seller is Five Group Corp., a company controlled by Eduardo Atienza, Manuel Alegria, Antonio Moreno and Basilo J. Folgueira.
The deal is another indication of developers acquiring land amid the slowdown in Miami’s luxury market, with most holding off on launching new projects until sales pick up again.
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