Condo Hotels

Miami Beaches Seville Hotel Gets a Rebirth

by on Aug.06, 2010, under Community Information, Condo Hotels, Condos and Development

The Historic Seville Hotel

The Seville on Miami Beach was listed as one of the last remaining distressed properties back in September 2009. As of August 2010, Ian Shrager’s taking it over through a recent partnership with Marriott turning the now shuttered oceanfront hotel into a luxury boutique ‘Marriott Edition’ brand over these next 3 years.  The 278,000 square foot Seville was built in 1955 with a previous attempt at a comeback in 2005, when developers announced new plans to turn it into a condo and fractional ownership complex under the Ritz-Carlton brand. Part of the old property would have been knocked down to make room for two 21 story towers, but the project couldn’t get off the ground as lenders balked in an unfriendly credit market of 05. Marriott acquired the property in July 2010 in a $57.5 million short sale from owner 2901 Beach Ventures, a partnership between Lionstone Group led by Alfredo Lowenstein and Fortune International Management, County records show, which is nearly $10 million less than a foreclosure lawsuit that had been filed on the property which has since been dismissed.

Ian Schrager Revisits The Beach

Schrager left Miami Beach a few years ago with the sale of his interest in the Morgans Hotel Group which started in 1984. Ian Schrager is well known for the Delano’s “urban resort” style & success (along with Studio 54 and Palladium) introducing the concept of a “boutique hotel” to the world. In recent years, Schrager has focused on luxury residences and a hotel in New York City along with creating the Edition brand, aimed at sophisticated travelers.

Mr. Schrager’s latest venture, a partnership with Marriott International, intends to create a new brand of as many as 100 hotels that will combine the personal, intimate, individualized and unique lodging experience that he created with the operational expertise that Marriott is known for on a global scale.” -IanSchragerCompany.com

Marriott’s Edition Brand in SoBe

Marriott’s portfolio includes the luxury brand Ritz-Carlton, the upscale JW Marriott, quality brands including Marriott and Renaissance and moderate hotels Courtyard by Marriott and Fairfield Inn by Marriott. In addition to Edition, it also recently created the Autograph Collection, currently featuring 10 hotels with an individualistic ambience. Edition seeks to set itself apart by creating individualized hotels in busy markets that reflect the cultures of their surroundings with an emphasis on sophistication and service. Other planned Edition locations include Mexico City, Bangkok, Istanbul and Barcelona. Schrager and Marriott announced the partnership three years ago. Initially, plans called for the South Beach Marriott at 161 Ocean Dr. to become an Edition, but that failed to materialize as the recession hit.

Historic Seville Hotel Miami Beach
Historic Seville Hotel on Miami Beach

South Florida’s historic hotel Seville, which sits on nearly three acres of beachfront property at 2901 Collins Ave., is expected to open in three years after it undergoes significant renovations during a continued market upswing. For more information check back here regularly or sign up for emailed updates or the RSS feed in the upper right column.

Seville Hotel Grounds

Seville Hotel Grounds

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Bal Harbour Real Estate for the Shopaholic

by on Nov.29, 2009, under Bal Harbour Condos, Buyers of South Florida, Condo Hotels, Condos and Development, Luxury Residential Market

Retail addicts around the world know the Bal Harbour Shops as one of the greatest destinations in the world — a true Shopper’s Paradise.

Now, truly dedicated shoppers are about to be presented with an opportunity to have this world-class shopping destination…as their neighbor.

Located directly across the street from the shops on Collins Avenue, the St. Regis Bal Harbour Resort will offer the ultimate home base for dedicated shoppers and luxury lovers.

Developed by Starwood Hotels & Resorts, the St. Regis Bal Harbour Resort is located right on the ocean (for those times when you want to concentrate on pursuits other than shopping) at the northern tip of Bal Harbour. It will be made up of three separate, 27-story towers, each housing ultra-luxurious one, two, three and four-bedroom residences complete with huge balconies, floor-to-ceiling windows and amazing views of the Atlantic and the bay.

The 268 residences will share the space with 37 condo-hotel suites, 183 hotel rooms and 24 fractional suites.

Because mundane tasks like grocery shopping, driving and housekeeping take away from valuable shopping time, the St. Regis will offer its lucky residents the same amenities as hotel guests, including grocery shopping service, room service, housekeeping, a chauffeur and more. There’s also a health spa, several swimming pools, sculptures, water features, lush gardens and more.

No wonder these luxury condos and homes start at a cool $1.9 million!

Modern technology will be featured throughout the resort, including a state-of-the-art air conditioning system that uses chilled water instead of heat pumps to cool the air.

It all adds up to a shopaholic’s dream home. But you can’t put one on your AmEx card just yet. While top off of the final tower is just around the corner, construction isn’t scheduled for completion until 2011.

by Lisa Canfield

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Luxury Condo-Hotel Analysis South Beach to Sunny Isles Beach

by on May.08, 2009, under Buyers of South Florida, Condo Hotels

Luxury Condo-Hotel Analysis South Beach to Sunny Isles Beach. I was contacted yesterday by a research division aiming to find out more insights to the luxury condo hotel market of South Forida specifically South Beach. I’ve done the numbers for condos and thought it would be helpful to follow up with figures for South Beach condo hotels, Miami Beach, Bal Harbour & Sunny Isles Beach condo hotels. As per MLS (S.East Florida Multiple Listing Service) database. I recently reported a blog post noting Miami Dade as #2 tourist destination with an average room rate at $177/night and occupancy around 68%. I would love to know the “beach” stats regarding this and would expect averages to come closer to $250/night and occupancy closer to 85%.. Anyone know? So here’s the research…

Trump Beach Resort Amenities

Mondrian at 1100 West Avenue (Bayside South Beach)- As of 2009 STATS, 12 units for Sale out of 354 (3% Inventory) with 5 closed in 11/2007. I would imagine the MLS figures are skewed as the developer is sitting on inventory and has the in-house sales office. Average DOM (Days On Market) 24. Sale to List Price Ratio (77%) appears to be a package deal as the 5 that closed all closed at a package price of $410k each (same date of closing). Average List Price Per Square Foot $887. Average Sales Price Per Square Foot (think “package deal”) $653psf. Just released 4Q last year so relatively new with only 4 County recorded Deeds.

Setai at 101 20 Street (Oceanfront South Beach)- As of 2009 STATS, 47 units for Sale out of 163 (29% Inventory) with 2 closed sales in 2009 and 1 pending contract. Average DOM (Days On Market) reflects 224. Sale to List Price Ratio (84%) with the Average Selling Price Per Square Foot  reflecting $982.. This is skewed as one of the sales, a 2 BR closed at $1,252 PSF while the Studio sale closed at $711 PSF. Average List Price Per Square Foot today is $1,697. As of 2008 Sales STATS, we find 17 closed sales occurring with an Average Selling Price Per Square Foot at $1,543, Average List Price per Square Foot at $1,770, Average DOM at 170, Average Sale to list Price Ratio at 88.4%. As of 2007 Sales STATS, we find 12 closed sales occurring with an Average Selling Price Per Square Foot at $2,049, Average List Price per Square Foot at $2,286, Average DOM at 178 and Average Sale to list Price Ratio at 90%. Built in 2004, the Setai is still desirable yet plenty of condo hotel units to choose from today with selling prices coming down 52% over the last 2.5 years…It was a buying frenzy here in 2005 with speculators clearing $600k to $1M within the first 3 months of ownership. Today there is parallel competition on the table as room prices have also dropped. There was to my surprise, a bank owned (REO) unit for sale here Setai #1701 at $1,138 PSF.

Bentley Beach Hilton at 101 Ocean Drive (Oceanfront South Beach) As of 2009 STATS, 5 units for Sale out of 114 (13% Inventory) with 1 closed sales in 2009 and 3 pending contracts. Average DOM (Days On Market) reflects 75. Sale to List Price Ratio (84%) with the Average Sales Price Per Square Foot  reflecting $637..  Average List Price Per Square Foot is $989. As of 2008 STATS, we find 5 closed sales occurring with an Average Selling Price Per Square Foot at $737, Average List Price per Square Foot at $827, Average DOM at 351, Average Sale to list Price Ratio at 91%. As of 2007 Sales STATS, we find 5 closed sales occurring with an Average Selling Price Per Square Foot at $1,067, Average List Price per Square Foot at $1,137, Average DOM at 195 and Average Sale to list Price Ratio at 94%. Built in 2003, Bentley Beach Hilton is a posh condo hotel in a prime location SoFi (South of Fifth), with excellent services and amenities. Prices have come down significantly over the last 2.5 years depreciating 40% (since 2007) and Hilton is now running the show!

Fontainebleau Resort at 4391, 4401, 4441 Collins Avenue (Oceanfront Miami Beach). As of 2009 STATS, 110 units for Sale with 4 closed sales this year and no pending contracts. Average DOM (Days On Market) reflects 96. Sale to List Price Ratio is at 84% with the Average Sales Price Per Square Foot  reflecting $652..  Average List Price Per Square Foot is $914. As of 2008 STATS, we find 15 closed sales occurring with an Average Selling Price Per Square Foot at $745, Average List Price per Square Foot at $823, Average DOM at 245, Average Sale to list Price Ratio at 91%. As of 2007 Sales STATS, we find 20 closed sales occurring with an Average Selling Price Per Square Foot at $802, Average List Price per Square Foot at $896, Average DOM at 224 and Average Sale to list Price Ratio at 91%. Newly developed towers in 2005 & 2008, Fontainebleau is a historical destination with style & class being a sought after condo hotel with excellent in house services. All inclusive amenities including the resort pools, restaurants and nightclub ‘LIV’. Prices today are attractive with the vast amount of inventory to choose from! Because of the latest addition, Tresor tower, the numbers could be skewed if we were to calculate sales over the last 2.5 years however the depreciation reflects 19%.

Canyon Ranch at 6799, 6801, 6899 Collins Avenue (Oceanfront Miami Beach). As of 2009 STATS, 57 units for Sale out of 450 (~13% Inventory) with 3 closed sales this year and 4 pending contracts. Average DOM (Days On Market) reflects 129. Sale to List Price Ratio is at 85% with the Average Sales Price Per Square Foot  reflecting $677..  Average List Price Per Square Foot is $774. As of 2008 STATS, we find 5 closed sales occurring with an Average Selling Price Per Square Foot at $673, Average List Price per Square Foot at $759, Average DOM at 212, Average Sale to list Price Ratio at 89%. Built new in 2007-2008, Canyon Ranch Living Miami Beach is a top destination with services and amenities catering to the healthy lifestyle. A condo hotel located on (mid) Miami Beach, with exceptional services and amenities including a Spa plus gym and restaurant surely to redirect a life devoted to fitness and longevity.

Regent One Bal Harbour at 10295 Collins Avenue (Oceanfront/Inlet). As of 2009 STATS, 56 units for Sale out of 300 (~19% Inventory) with 5 closed sales in this year and 3 pending contracts. Average DOM (Days On Market) reflects 176. Sale to List Price Ratio is at 82% with the Average Sales Price Per Square Foot  reflecting $727..  Average List Price Per Square Foot is $958. As of 2008 STATS, we find 51 closed sales occurring with an Average Selling Price Per Square Foot at $753, Average List Price per Square Foot at $828, Average DOM at 185, Average Sale to list Price Ratio at 89%. Built in 2007, One Bal Harbour Resort & Spa has the private tower and amenities while the adjacent hotel tower (Regent) overlooks the Bal Harbour Inlet and Atlantic. Location Destination; backed with the prestigious Bal Harbour location. Truly a masterpiece and amongst the BEST of all Condos/condo-hotels with only a 3% depreciation over the last year. Inventory selection looks attractive if this is the condo hotel product your after. {St. Regis Bal Harbour completion date 2010-2011 and will be a story all its own}

Trump International Beach Resort at 18001 Collins Avenue (Oceanfront Sunny Isles). As of 2009 STATS, 74 units for Sale out of 374 (20% Inventory) with 12 closed sales this year and 4 pending contracts. Average DOM (Days On Market) reflects 141. Sale to List Price Ratio is at 91% with the Average Sales Price Per Square Foot  reflecting $424..  Average List Price Per Square Foot is $517. As of 2008 STATS, we find 49 closed sales occurring with an Average Selling Price Per Square Foot at $475, Average List Price per Square Foot at $522, Average DOM at 162, Average Sale to list Price Ratio at 91%. As of 2007 Sales STATS, we find 11 closed sales occurring with an Average Selling Price Per Square Foot at $584, Average List Price per Square Foot at $635, Average DOM at 105 and Average Sale to list Price Ratio at 96%. Over the last 2.5 years, 27% depreciation has occurred. Built in 2003, Trump Sonesta International Beach Resort (Sonesta Mgt. Contract Expired in April 08) is one of the best resorts for families looking for on-site excitement, activities and class. An excellent location in Sunny Isles, Trump Beach Resort offers concierge services, restaurants, a lagoon styled pool and lap pool with waterfalls, jet skis, sailing and more. Child care on site.

Le Meridian/M Resort at 18683 Collins Avenue (Oceanfront Sunny Isles). As of 2009 STATS, 45 units for sale out of 210 (21% Inventory) with 2 closed sales this year and no pending contracts. Average DOM (Days On Market) reflects 78. Sale to List Price Ratio is at 87% with the Average Sales Price Per Square Foot  reflecting $375..  Average List Price Per Square Foot is $490. As of 2008 STATS, we find 10 closed sales occurring with an Average Selling Price Per Square Foot at $471, Average List Price per Square Foot at $511, Average DOM at 128, Average Sale to list Price Ratio at 93%. As of 2007 Sales STATS, we find 12 closed sales occurring with an Average Selling Price Per Square Foot at $500, Average List Price per Square Foot at $540, Average DOM at 151 and Average Sale to list Price Ratio at 93%. Over the last 2.5 years, 25% depreciation has occurred. Built in 2005, M Resort Sunny Isles Beach offers 5 Star living with Bice restaurant, liquor lounge and full concierge services expected in a luxury condo hotel.

whew! This research took awhile.. Want more, just ask on whatever topic pertains to the beaches… Have a great weekend. Toll free 1-866-427-4224

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Condo Hotels of Sunny Isles Beach to South Beach Florida.. a Comparison of Values.

by on Mar.11, 2009, under Buyers of South Florida, Condo Hotels

Trump Beach Resort Sunny Isles Hello friends… I’m writing posting today regarding the luxury condo hotels along the Atlantic coastline from Sunny Isles Beach to South Beach. There are many great condo hotels along the Miami Dade Beaches to choose from with each having desirable characteristics such as the Trump International Beach Resort with excellent values and amenities including the lagoon pool, children’s play area  and waterfalls. Location plays a crucial role so I’ll be comparing to South Beaches exclusive condo hotels including the Setai and Bentley Beach Hilton. There are 2 new condo hotels coming very soon which may dominate all others for concierge “white glove” services and these include the St. Regis in Bal Harbour (2011) and the W South Beach Hotel (2009). These will each be a blog post in their own.. I’ll be relaying simple statistics on the very best oceanfront condo hotels in order of location below.

Sunny Isles Beach Condo Hotels

  • Trump International Beach Resort | 18001 Collins Avenue | Price Range $170,000 (450 sf) to $1.090M (1477 sf) | Ave PPSF$535
  • Le Meridian M Resort | 18683 Collins Avenue | Price Range $289,000 (688 sf) to $899,000 (PH 1497 sf) | Ave PPSF$502
  • Acqualina Resort (Rosewood) | 17875 Collins Avenue | Price Range $700,000 (709 sf) to $12.9M (8081 sf) | Ave PPSF$830
  • (Sonesta) Sole on the Ocean | 17315 Collins Avenue | Price Range $259,200 (644 sf) to $720,000 (1201 sf) | Ave PPSF$526
  • Ocean Point Beach Club (DoubleTree) | 17375 Collins Avenue | Price Range $349,000 (960 sf) to $720,000 (1860 sf) | Ave PPSF$370
  • Aventura Beach Club (Ramada) Marco Polo Resort | 19201 Collins Avenue | Price Range $74,000 (360 sf) $319,000 (440 sf) | Ave PPSF$403

Bal Harbour Condo Hotels

Miami Beach Condo Hotels

  • Fountainebleau Hotel (II & III) | 4441&4391 Collins Avenue | Price Range $389,000 (516 sf) to $14.9M (5000 sf)  | Ave PPSF$958
  • Canyon Ranch Living | 6801 Collins Avenue | Price Range $395,000 (960 sf) to $3.750M (2670 sf) | Ave PPSF$811

South Beach Condo Hotels

  • Setai Resort | 101 20th Street | Price Range $1.199M (767 sf) to $7.785M (2354 sf)  | Ave PPSF$1861
  • W South Beach | 2201 Collins Avenue .. coming soon!
  • Bentley Beach Hilton | 101 Ocean Drive | Price Range $359,000 (365 sf) to $1.575M (1050 sf)  | Ave PPSF$1030
  • Roney Palace (Gansevoort) | 2301 Collins Avenue | Price Range $140,000 (760 sf) to $995,000 (1488 sf) | Ave PPSF$445
  • De Soliel Z Hotel South Beach | 1437&1458 Collins Avenue | Price Range $450,000 (500 sf) to $900,000 (500 sf)  | Ave PPSF$1124
  • Shelbourne Hotel | 1801 Collins Avenue | Price Range $79,000 (280 sf) to $649,000 (940 sf)   | Ave PPSF$459

Condo Hotels offer an owner a care free lifestyle with everything awaiting your arrival from fresh linens to coffee filters, maid De Soliel Hotel on Ocean Driveservice to room service and the hotel income split is typically 50% to the hotel management in place. These conveniences allow certain yearly time usage at the owners request along with passive income and the potential for future appreciation unlike a timeshare. Miami is rated#2 in the Nation for hotel occupancy and even so the prices have been adjusted for the economy anywhere from 10-20% from last year. Business is still very good with an overall Miami Dade occupancy average at 68% and average room rate at $177 a night.

I welcome any comments you see useful and informative for the many readers. I welcome accurate information or interesting conversation on Miami Beach condo hotels

Looking for an affordable Vacation Rental on Ocean Drive? Or do you need better management on your Ocean Drive condo ? Visit us at MiamiDreamRealty.com | 1.888.383.7326 (ext 2) and ask for Jennifer!

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Lifestyles of The Rich & Famous (Part 3) Fontainebleau Resort Miami Beach

by on Mar.01, 2009, under Buyers of South Florida, Condo Hotels, Condos and Development, Luxury Residential Market, Miami Beach Condos, South Beach Condos

FONTAINEBLEAU II Fontainebleau II located at 4441 Collins Avenue, has a trophy Penthouse worth making it to the top of the luxury list of all time best properties on Miami Beach. Showcasing unobstructed Northern views of Miami Beach, this 4,500 interior square feet (4 bedrooms and 5 baths) luxury Miami penthouse is for sale today at $13.5M and was just recently reduced in February09 from $16M (16% reduction) coming with 5 parking spaces for your collection or guests. Maintenance fees are approximately $1 per square foot and covers everything including valet, high speed internet services, cable, phone, electric plus the owner’s lounge with daily breakfast and afternoon hors d’oeurves!

The Northern penthouse property was purchased new in 2005 for $3.6M and was completely renovated throughout for a turn key residence dominating the entire northern half of Fontainebleau II (Tresor) with high ceilings, an open floor plan plus windows and light throughout… Fit for a successful superstar looking for an amazing Miami Beach Penthouse residence.

Truly a celebrities trophy penthouse with an amazing skyline span over the blue skys of Miami Beach real estate. The terraces add an additional 2,500 square feet of outdoor living and entertainment area with complete Penthouse privacy. The Fontainebleau hotel & Spa services are are around the clock and essential with easy & private access to the 40,000 square foot spa, excellent restaurants, a nightclub, fitness center, tennis courts, multiple pools, waterfalls, children’s play room, owners lounge area all wrapped into the 22 acres of famous resort amenities including the enjoyment of the recent billion dollar renovation. Rent it with ease while away…

Fontainebleau II aka Tresor Building, was built in 2005 and consists of 37 stories and made up of 460 condo hotel units. Today, there are 57 units for sale or 12%as resales with 8 closed MLS sales in the last 6 months ranging from $315,000 to $700,000 for the average studio suites (520 SqFt) and 1 bedrooms (1,000 SqFt). Last year there were 14 sales with 12 in 2007 selling on an average price per square foot of $714 at 91% of list price.

Fontainebleau II Penthouse Views

Fontainebleau II Penthouse Views

Fontainebleau II Penthouse N TerraceFontainebleau II Penthouse Master BathroomFontainebleau II Penthouse Living RoomFontainebleau II Penthouse Living Room

Fontainebleau II Penthouse Living RoomFontainebleau II Penthouse N Terrace

Buyer’s, ready for a luxury Miami Beach Penthouse? This isn’t my exclusive listing but I’d love to represent you on the purchase. Call or email for the very best properties along Sunny Isles Beach, Bal Harbour & South Beach. If you’d like to receive local Miami Beach FL real estate news via blog postings & updates, you can easily be notified by RSS feed (see upper right column) or by email above each time a new posting occurs. Visit JADECondosSunnyIsles.com website & Blog relaying all new information for JADE Beach & JADE Ocean! Have a great week and call any time toll free 1.888.383.7326 or view new condos here. South Beach to Sunny Isles Real Estate Sales & Marketing at MiamiDreamRealty.com.

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Canyon Ranch Living Miami Beach -New Lawsuit Over Name

by on Jan.31, 2009, under Buyers of South Florida, Condo Hotels, Condos and Development, Miami Beach Condos, Seller's of South Florida

Canyon Ranch Miami Beach

Canyon Ranch Miami Beach

News came across the internet via PR Newswire this week relaying unhappy buyers who are now suing the developer of the famous mid-beach Canyon Ranch Living development for alleged deceptive and unfair trade practices in the promotion & sales of condominium units. Apparently, it is not permissible to use the Canyon Ranch name upon the purchase of the new Canyon Ranch residence in Miami Beach. According to the projects website CanyonRanchMiamiBeach.com, Canyon Ranch Living Miami Beach was designed to meet very high quality standards of its destination resorts.

The lawsuit asserts that the Canyon Ranch brand name is temporary at best and that purchasers were induced into purchasing units at the project due to the alleged deception that it was part of the Canyon Ranch brand and family, when in fact, there was nothing more than a phantom management agreement through which Canyon Ranch partially operates the project for a limited term and unit owners are restricted from trading on the Canyon Ranch name. - SOURCE Aaron Resnick www.recovermydeposit.com

The complaint filed by Resnick notes that the developer spent millions of dollars advertising and promoting Canyon Ranch Living Miami Beach to consumers with the expectations of purchasing an exclusive Canyon Ranch unit. The article goes on the mention the developers attorneys refusing to turn over the management contract with Canyon Ranch yet did provide a written statement that the management contract only applies to “spa related services” and is not a “management agreement.”

Hmmm, I was under the impression these are exclusive Canyon Ranch units with the management operation, similar to Canyon Ranch in Arizona, and functioning as a Canyon Ranch Resort. However, in this current real estate market, buyer remorse is abundant with unhappy flippers speculators looking for any way out and seeking legal advice for contract loopholes. I’ve heard mostly great things about the new Canyon Ranch Living Miami Beach development and know the values, location and amenities to be improving. I’d like to hear from other residents or anyone “in the know” on the opinions and facts related to this great new Miami Beach FL real estate development.

Here’s the real estate scoop at Canyon Ranch Miami Beach.

MLS data: 59 condos for sale (ranging $400k – $3.750M) out of ~431 total condos (14% inventory) {+150 Canyon Ranch Hotel Suites} with average asking price per square foot at $788 and average (6 month history) selling price per square foot at $658. It takes 80 days on average for a condo to sell at Canyon Ranch and they’re selling at (sale price to list price ratio) 92.2% of list! There are 2 condos under contract today, each above $1M.

My personal opinion on the 3 best deals at Canyon Ranch Miami Beach

  1. 6801 COLLINS # 1604
  2. 6801 Collins Avenue # C1217
  3. 6801 Collins Av # 1505

Let the readers know what you know!?! If you’re thinking of placing your luxury condo residence on the market, contact me today for a pricing band analysis and marketing overview to determine the proper selling price & let’s get started marketing your condo. Ready to buy? Call me for the very best deals in Sunny Isles & South Beach. If you’d like to receive the latest local real estate news via blog postings & updates, you can easily be notified by RSS feed (see upper left column) or by email above every time a new posting occurs. Visit JADE Condos Sunny Isles.com website & Blog relaying all new information for JADE Beach & JADE Ocean! Have a great week and call any time toll free 1.888.383.7326 or view new condos here. South Beach to Sunny Isles Real Estate Consultant, Micro Economist.

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Sonesta SOLE in Sunny Isles Beach is Announced

by on Oct.18, 2008, under Buyers of South Florida, Community Information, Condo Hotels, Sunny Isles Beach Condos

SOLE on the Ocean
SOLE on the Ocean

Sonesta International Hotels Corporation

is finally coming back to Sunny Isles Beach real estate. What was once the Trump International Sonesta Resort fell out of contract in April 08 as International Resorts Corporation took over the Trump Sunny Isles Beach Resort.

Sonesta International Hotels announced this month that they are back and now representing the new SOLE on the Ocean (Sonesta Sole). The completion of the new Sonesta addition is scheduled for the winter 08 as the new luxury resort, developed by Wavestone Properties, is in it’s final building stages.

“The resort will offer a swimming pool on the beach overlooking the ocean, a health club with several private treatment rooms, boutique shopping, a fine-dining ocean-view restaurant, and pool bar & grille. The resort also features 5,000 square feet of meeting and event space. Guest rooms will highlight contemporary decor and luxurious amenities. 147 of the 249 guest rooms are two rooms with full kitchens. Guest rooms are steps to the ocean. A soft opening is planned in January.” MarketWatch.com

Sonesta SOLE

will be a great new vacation destination in Miami with 249 condo hotel rooms and 4 diamond service and amenities. The new SOLE is 23 stories featuring a world famous beach known as “The Florida Riviera”, a dramatic 2 story lobby, destination restaurant, rooms with floor to ceiling windows with individual balconies capturing panoramic views of the ocean & intracoastal waterways. The Sonesta Colletion is a distinctive international collection of upscale hotels & resorts offering the best in luxury resort living.

Here are available Sole condo hotel suites for sale through the MLS (Multiple Listing Service).

For more information on The Sonesta Sole Resort, call or write. If you’d like to receive the latest local real estate news via blog postings & updates, you can easily be notified by RSS feed (see upper left column) or by email above every time a new posting occurs. Have a great week and call any time toll free 1.888.383.7326 or view new condos here.

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Gansevoort Hotel & Condo Residences Open it's Doors in Miami Beach

by on Apr.17, 2008, under Buyers of South Florida, Condo Hotels, Condos and Development, South Beach Condos

Gansevoort Hotel Rooftop Pool Deck

The Gansevoort

has now opened it’s doors to the affluent and alike for South Beach Miami guests looking for the newest in oceanfront luxury living. The Gansevoort South Hotel Spa Residence located at 2377 Collins Avenue is the new southern outpost of New York City’s Hotel Gansevoort. The hotel boasts 334 guestrooms averaging over 730 square feet with perfect ocean views and shining South Beach skyline.

Gansevoort South’s landscaped showcases three oceanfront pools with a remarkable 110 foot rooftop pool with bar & lounge, an infinity edge at the plaza level, a family friendly south pool, a mezzanine with private cabanas, and an exclusive beach club. Accompanying the new vibe are fine boutiques, restaurants, lounges, and the first ever David Barton Gym & Spa spread over more than 100,000 square feet of luxury retail space. STK by The ONE Group and Philippe Chow offer a combination of the sexy New York steakhouse and exquisite Asian cuisine, while the 50 foot long shark tank dramatically divides the lobby and Opium Group’s new VIP Lounge, Louis.

Come and enjoy this new paradise playground with playful amenities, family friendly surroundings, indoor and outdoor activities, spectacular views and a South Beach location like no other.  Hotels.com have rooms starting at $375 night click here

Gansevoort Shark Tank

On the North side of the building are the Gansevoort residences consisting of 259 condos and features a modern design by the same New York team that stylized the first Gansevoort in the Big Apple. Unlike it’s predecessor, Miami Beach’s Gansevoort is larger. Eighteen stories with a 26,000 square foot rooftop area for lounging and entertaining with all the amenities for the hotel guests at your convenience. Private Condo Residences will be found from floors 9 through 17 with studios through 3 bedrooms ranging from 800 to over 5000 square feet. Lower penthouses at Gansevoort will enjoy 11 foot ceilings while other floors at 9 feet. Prices start in the 600′s.

Amenities Include Magnificent lobby and common areas designed by world renowned Interiors by Steven G, Elegant Porte Cochere entrance, Roof level Sky Pool and Sky Playroom, 110 foot ocean view heated rooftop pool on 24,000 square feet palm tree fringed teak rooftop deck, second infinity edge heated pool surrounded by a 12,000 square foot VIP lounge with views of the 50 foot shark tank, Private Beach Club with resort styled environment surrounded by lounging areas, a sunrise pool and cabanas on the ocean, Signature Cafe and Restaurant, indoor and outdoor bar, State of the Art David Barton Health Club with high tech equipment, His & Hers Spa with lounge area, massage and treatment rooms, sauna and steam rooms, Business Center and Conference Rooms, Wine and Cigar Lounge with temperature controlled cellars and humidors, valet parking and surveillance, concierge & security, Boutique Retail Environment, Modern Design Party Room, High Speed Elevators with electronic card access

Call or comment for more information 1.888.383.7326 on the Gansevoort Miami Beach

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