Gated Estate in North Pinecrest on a beautiful landscaped, very private one acre flag lot. This contemporary home has been totally updated. Grand spaces, soaring windows and ceilings allowing natural light. Wood and limestone floors, state of the art chefs eat in kitchen. Grand master suite with huge walk-in closets and magnificent bathroom. Sound proof movie theater/media room. Fabulous pool & patio with Cabana bath, waterfall feature and lighted landscaping. Security cameras, exercise room and more! Offered at $2,999,000.
It’s no secret that Miami is undergoing a new condo boom; in fact, Cranespotters reports that more than 145 new condo towers with nearly 20,000 units have been proposed in the tricounty South Florida region of Miami-Dade, Broward, and Palm Beach as of July 31, 2013. Since I am frequently asked about these new projects, I thought it would be helpful to highlight some of the new buildings. This week, I’m kicking things off with one of my favorite new construction condominiums: ECHO Brickell.
Echo Brickell, a boutique luxury development with 180 units and 57 stories, is truly a special project. Located at 1451 Brickell Ave. on the east-side of Brickell Avenue, many of the units will have unobstructed bay views. Developed by New York-based Property Markets Group (PMG), Echo Brickell is the sister project to Echo Aventura, which broke ground last year.
Echo Brickell will feature conceptual design by world-renowned architect Carlos Ott and interior design by yoo Studio. One of the most unique features of Echo is that all units will be delivered “furniture ready” – completely finished! This is a major difference from the standard “designer ready” model of other buildings where units are delivered with kitchens, baths, and bathroom floors, but are otherwise raw and require finishing, from lighting to paint to baseboards and floors.
Units at Echo will be totally finished, complete with a contemporary lighting package, including recessed lighting, dimmers, and lighting control. Buyers will have their choice of paint and gorgeous Italian marble finishings – even on the terraces. And speaking of the terraces (which will be 6′ – 8′ deep), all units feature summer kitchens aka a built-in barbecue on your balcony.
Other residence features include 9′ – 14′ ceilings, 8′ Italian entry doors, fully built-out his and hers walk-in closets in the master suites, semi-private elevators with biometrics technology (facial recognition cameras), custom PMG Smart Home technology, master suites feature Dornebracht and Duravit fixtures, side-by-side paneled Sub-Zero/Wolf appliances, built-in coffee and espresso machine and custom Italian cabinetry.
Building amenities include a vanishing-edge pool and deck with panoramic views of Biscayne Bay, Downtown Miami, South Beach and the Atlantic Ocean, state of the art fitness center and spa overlooking pool, Biscayne Bay and Downtown Miami, resort-style poolside food and beverage service, four hot tubs with bathing deck overlooking the spectacular Brickell skyline, concierge services, and robotic parking. Oh, and if you’re interested in one of the penthouses, your purchase comes with a brand-spankin’-new Tesla Model S. Starting prices for penthouses are around $10 million.
Out of the 180 units, roughly 55 remain available for purchase. Floor plans consist of 1, 2, 3 and 4 bedroom units (you can see the actual floor plans on Echo’s website, here), and prices start around $900/sf and up. Condo fees are priced at $0.99/sf. Ground breaking is expected to take place in the next 30 – 60 days, with completion expected in 2017.
For an awesome virtual tour of Echo Brickell, check out the video below.
For more information on Echo Brickell or any other new construction project, contact me at lindsayrubens@avatarflorida.com or 305.799.2124.
Happy Monday, friends! Tired of reading the same old commentary on the most boring Super Bowl ever? No problem – head on over to Miami Agent Magazine and check out my “Viewpoints” feature! You’ll hear my thoughts on the housing demand of the Miami market, my favorite social networks, and the real estate trends I’m watching in 2014. Click here to read the full post.
Tomorrow is Sunday and you know what that means – open houses! My team holds our listings open nearly every Sunday, so I thought I’d start sharing them with you dear readers. This Sunday we’re having 3 open houses, all taking place from 3-5pm. Feel free to stop by with your friends and family!
Read on to learn about the homes that will be open tomorrow!
30 E. Sunrise Ave., Coconut Grove, FL 33133
4 beds | 3 baths | 1 half bath | 5,016 sf | 13,500 sf lot | Built in 1996 | $2,999,999
This is a gorgeous waterfront home in the Sunrise Harbour neighborhood of Coconut Grove, with no bridges to open bay! The home has 4 bedrooms, 3.5 bathrooms, and 5,016 square feet of living space. Volume ceilings throughout the home show off the formal living room and large formal dining room. An eat-in kitchen with wood cabinets opens up to a beautiful family room with wood burning fireplace. Split floor plan consists of 2 children’s bedrooms and an oversized Master suite on one side, and a large guest room with private bath on the other side. Lovely pool & patio area overlook the water. Hurricane shutters, generator included, 2 A/C zones and more!
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6790 SW 122 Dr., Pinecrest, FL 33156
5 beds | 5 baths | 1 half bath | 4,168 sf | 37,069 sf lot | Built in 1962 | $899,000
This lushly landscaped 37,069 sq ft corner lot in Pinecrest is the perfect setting to build your dream home. The 4,168 sq ft 1960’s inspired 2-story home has an open floor plan with white marble floors, soaring ceilings, fireplace, open kitchen with gas stove and stainless steel appliances. Second level boasts Master suite and bath with private fireplace, two additional bedrooms and baths, and a huge landing. Detached 2Br/2Ba guest house adjoins the pool and patio. Half court basketball and more! Priced for land value.
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3637 Poinciana Avenue, Coconut Grove, FL 33133
7 beds | 6 baths | 1 half bath | 4,909 sf | 14,500 sf lot | Built in 2004 | $2,199,000
You may recall this beautiful property from a post I did earlier this week. Nestled on a lush double lot, this Coconut Grove treasure is move-in ready and includes a charming Key West style 2/2 guest house with porch. Top of the line gourmet kitchen with stainless steel appliances adjoins family room with wetbar, perfect for entertaining. Pool and patio, plantation shutters, impact windows, and marble floors throughout. Unique spire architecture!
Since I live in 1060 Brickell, friends and neighbors often ask me about recent sales in the building. I decided to review and compare the sales data from 2013 and 2012, and I wasn’t surprised to see just how much prices have gone up in such a short time.
In 2013, there were 37 closed sales in 1050/1060 Brickell. The lowest priced sale was unit #2512, a studio that sold for $230,000 or about $383/square foot. The highest priced sale was unit #4507, a penthouse unit with 3 bedrooms and 3.5 bathrooms that sold for $1,275,000 or about $497/square foot.
To get an idea of just how much values have gone up in the building, check out the data from 2012. That year, there were 42 closed sales. However, the lowest priced sale was unit #1509, a studio that sold for $175,000 or about $317/square foot. The highest priced sale was unit #1820, a 2 bedroom/2 bathroom unit that sold for $425,000 or about $333/square foot. What a difference a year makes!
Check out all of the sales data in detail below, and as always, contact me at lindsayrubens@avatarflorida.com or 305.799.2124 for more information.
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