VistaBlue Singer Island is 60 percent sold, and construction of the 19-story condominium is expected to conclude in March. The developer, Third Palm Capital, has found buyers for 34 of the 58 units at VistaBlue, the first luxury condominium built on Singer Island in Riviera Beach in a decade. Construction of VistaBlue started in late…
The Orlando multifamily developer sold the 188-unit Delray Preserve for $321,000 per apartment to IMP Delray LLC, an affiliate of the Boston-based partnership between GID and CalPERS. No financing was recorded. Delray Preserve, at 2001 North Federal Highway, includes eight three-story buildings that were completed in 2016 on about 8.5 acres of land. Zom paid…
A 4-foot-high, 30-foot-long bench made of oolite stone will soon decorate Balboa Plaza in Coral Gables. The massive sculpture, called “A Midsummer Night’s Dream,†was commissioned by MG Developer, a company building three mid-rise luxury boutique townhouses near Balboa Plaza. Jenny Ducret, MG Developer’s chief operating officer, recently boasted that the installation will add value to…
Battle for the $1B Island Gardens project. For well over a decade, Turkish entrepreneur Mehmet Bayraktar has been on a seemingly quixotic quest to transform a barren patch of prime waterfront land in Miami into a billion-dollar ultraluxury resort with a supersized wharf accommodating the 1 percent’s titanic yachts. But the mixed-use project known as…
A condo for sale in Miami hit the market earlier this month accepting only Bitcoin, grabbing headlines as one of the only U.S. real estate listings to limit itself to the cryptocurrency. The one-bedroom pad at 480 Northeast 30th Street listed on Dec. 8 for 33 Bitcoin, or about $550,000 at the time, according to…
After a two-week standoff, Miami-Dade county officials agreed Tuesday to move the Miami Open from the Crandon Park tennis complex in Key Biscayne to Hard Rock Stadium in 2019. Mayor Carlos Gimenez and IMG, the sports giant that runs the tennis tournament, agreed earlier this month to make the move to the Miami Dolphins stadium…