For the past several years, in the South Florida oceanfront condominium market there has been virtually no new construction under way. That has recently changed. New construction has emerged in the ultra luxury market. There are several eye opening projects underway that are very unique properties targeted to the very high end market.
Regalia in Sunny Isles. The location of this ultra luxury property is outstanding. It sits at the Southern most point of Golden Beach which is a small city composed of only homes. The views of any of the units in Regalia would be unobstructed looking north. It is the northern most point of Sunny Isles. This is a boutique building consisting of just 39 residences. Each residence has an entire floor with 360 degree views and wrap around balconies. Truly an exceptional property. Prices range from $6 million. Construction is well underway.
Porsche Design Tower in Sunny Isles- An exclusive offering of just 132 units in the heart of Sunny Isles. Each unit will have large living spaces, high ceilings, very large balconies and a very unique feature; a car elevator that will that offers security and privacy.
Mansions at Acqualina in Sunny Isles. The amenities of the luxury hotel are on property and offer large, over 4000 square feet oceanfront condominiums. The spaces are unique and the services available include fine dining, white glove hotel service and much more. Amongst the offering is a 15,000 square foot penthouse offered at $50 million. There are 74 Sky Mansions offered. Prices start at $5.9 million and over $270 million in sales has been reported to date.
Chateau Beach Residences- A single tower rising 33 floors from an elevated podium. An exclusive 84 residences designed by the internationally renowned Uruguayan sculptor Pablo Archugarry. Residneces range from a 2 bedroom 2 bath 1557 square foot unit to a four bedroom 6 and one half direct ocean masterpiece.
The construction cranes are appearing along the coast once again but for now they are focused on the ultra luxury oceanfront condo market.