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New Construction Projects in Miami are about to get very popular.

🏡 Single Family Inventory in Miami and across South Florida is Extremely Low

🏙 Condo Inventory is starting to move. I.e. Paramount Bay in Edgewater has 13 Condos Active | 3 Active w/ Contract | 6 Pending

✈️ The migration of people to Sout Florida has not slowed down.

🤔 While re-sales are traditionally a safer bet, bidding wars, and vanishing inventory in re-sales make new construction a more attractive option. Now is a great time to consider buying a a new Construction Condo.

Top picks:

57 Ocean

57 Ocean Miami Beach ⛱

Beachfront Location, BeachfrontModern Architecture, and South American Inspiration Indulge in boutique Miami Beach oceanfront lifestyle. 🌊 Be a part of Miami’s most exclusive and beautiful stretches of beachfront. Enjoy wide spans of sand and the breathtaking views to the South of iconic Millionaire’s Row.

Arte

See Arte boutique oceanfront residences with Ultra Luxurious finished throughout. FL residents pay no state income tax.

Missoni Baia

Enjoy the comforts of a luxurious waterfront resort in a private family setting, inspired by art, boating, and fitness. 🎨 🚤 ⛵️ OKO Group’s Vladimir Doronin is an accomplished international investor who has developed over 71 projects totaling 75 million square feet. Vladimir has partnered with Missoni the legendary Italian Fashion house and Hani Rashid of Asymptote Architecture to create a tower converging in a colorful palette of art and nautically inspired modern architecture. ⚓️ Upon completion the building will rise 57 stories and 649 feet matching the tallest building in Edgewater. 🏗 Amenities will include a flow through deck designed for all-day sunbathing, 5 swimming pools, an elevated tennis court, and a fitness center with spa overlooking Biscayne Bay. 👙 ⛱ 🏊🏾‍♂️ 🎾 🏋🏻‍♀️ 🧘🏻‍♀️

Elysee

This ultra luxury tower has crushed the record books as the tallest building in Edgewater at 57 stories and nearly 650 feet. The shining centerpiece 💎 of the Edgewater skyline is the masterpiece of architect Bernardo Fort-Brescia of Arquitectonica and world renown interior designer Jean-Louis Denoit. Interiors promise to be serene, elegant, and dramatic for this exclusive enclave of only 100 half floor and full floor residence. Last summer the 3 story, 11,625 square foot penthouse at Elysee went under contract for nearly $13 million. To the envy of its ultra luxury peers in Brickell, Downtown, and Sunny Isles, Elysee owners will enjoy unobstructed views of Biscayne Bay and panoramic views no less than 180 degrees of bay, barrier island, ocean, and the city. 🛥 🌅 🌊 🌃 For my fellow gourmet cooks, Elysee even has Wolf Gas cooktops! 👨🏻‍🍳

Aston Martin

Shaken not stirred may be famous with Bond, but Miami’s Aston Martin Residences in Brickell will stir emotions, even from the likes of 007. Call me today while prime units are still available!

1000 Museum

One Thousand Museum is a very special ultra luxury tower in the Park West section of Downtown Miami developed and completed by Louis Birdman, Gilberto Bomeny, Gregg Covin, Kevin Veneger, and Todd Michael Glaser in 2019. 💎 💎 💎 💎 💎 Its architect Zaha Hadid passed away in 2016 of a heart attack before project completion. Baghdad born Zaha Hadid, was the first woman and first muslim to win the prestigious Pritzker Architecture Prize. Her designs are famous for their bold, sweeping curves and include:

  • The London Aquatics Centre
  • The Guangzhou Opera House
  • The National Museum of the XXI Century Arts

One Thousand Museum has earned the nickname “Scorpion Tower” for its distinctive exo-skeleton construction. It removes the need for columns within the residences and was the subject of an Impossible Builds’ episode on PBS. The 62 story, 709 foot tower includes 10 full floor penthouses, 70 half floor condos, and 4 townhomes. David Beckham ⚽️ and his wife, former Spice Girl now fashion designer Victoria, paid $19.8 million for a 10,000 square foot full-floor penthouse at the tower. Amenities include Miami’s first rooftop residential tower helipad, sky lounge, bank vault 💍, wellness center 🏋🏻‍♀️ 🧘🏻‍♀️, spa 💆‍♀️, spin studio 🚴‍♂️, multiple pools 👙, al fresco sundeck, and indoor lap pool 🏊🏾‍♂️ on the 61st floor. Residences include one touch concierge service and full automation for lighting, shades, and climate control.

Brian C. Smith
Realtor
Berkshire Hathaway HomeServices- EWM Realty
Edgewater 🛥 | Miami Beach ⛱ | Luxury Real Estate 🍾 | Commercial Real Estate 🏗
📲 305.318.8200
BrianSmithSouthFlorida.com



 

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Brian C. Smith
Realtor
Berkshire Hathaway HomeServices- EWM Realty
Edgewater 🛥 | Miami Beach ⛱ | Luxury Real Estate 🍾
📲 305.318.8200
BrianSmithSouthFlorida.com



 

Last year was a buyer's paradise in South Florida. Single Family Home and Condo inventories were high across the board in Miami Dade, Broward, and Palm Beach counties. As COVID-19 impacted our lives condos lost their appeal, demand for single family homes spiked, and over the course of several months single family homes became a seller's market. About a year ago I went onto YouTube and announced to buyers this great opportunity to buy condos.

Some of the best buildings in Edgewater along Biscayne Bay and Park West in Downtown such as Paramount Bay, 900 Biscayne, and Marquis saw 2 bedroom condos dip into the mid $500K range and 3 bedroom condos dip into the mid $800K range. Single family home inventory has dried up. Record numbers of people are moving to South Florida from New York, California, and other high tax states. Miami is being dubbed "Wall Street South" as forms such as BlackRock and Goldman Sachs put down roots and "The New Tech Startup Capital of the US" with emerging tech startups such a Reef Technologies in Brickell Key . Miami Mayor, Francis Suarez has contributed to the movement by placing a billard in Silicon Valley encouraging Tech Startups to move to Miami. As a result condos are once again gaining popularity.

If you are looking to buy interest rates are still very low and compared to 2014 prices, condos are still a great deal. Condos offer proximity to parks, the ocean, and the bay along with amazing views, amenities, and modern design including large balconies and floor-to-ceiling glass doors and windows.

If you wanted to sell in the past, but were waiting for prices to rise, let's talk. Last year, during a very challenging seller's market I developed proprietary tools for selling real estate. I achieved record sales in multiple building in terms of price and speed. As demand is rising, I can put your property in the optimal position to sell quickly for the highest price.



 

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