Miami Beach

TBT - Scarface Building Turned Into CVS At 728 Ocean Dr To Open This Weekend

CVS at 728 Ocean Drive

CVS at 728 Ocean Drive

TBT (January 31, 2018) - Two years ago the former Sun Ray Apartments was transformed into a completed CVS. The building was used in the movie Scarface with Al Pacino. Demolition began in April 2017.

Demolition started in April 2017 on the building that was used in the famous chainsaw scene in the 80's movie Scarface starring Al Pacino located at 728 Ocean Drive, Miami Beach. The renovation is completed and a brand new CVS will be opening this weekend in February.

Built in 1953 by architect Don Reiff in a post war modern style architecture, the building was used as the Sun Ray Apartments up until the late 1980's when it was converted into a modeling agency office. In recent years the upstairs was vacant and the ground level was used for a Johnny Rocket's Restaurant.

Although much of the back of the building was demolished, the front façade of the structure was saved and renovated to it's original look with brick on the right side of the front. The three Art Deco Portholes have been restored in a white color.

New York based Infinity Group purchased the building in 2015 for $12.4 million.

Monad Terrace Construction Updates

Monad Terrace Construction

Monad Terrace Construction

Most of the glass has been installed at Monad Terrace since we last looked at the project in February of this year and the building topped off.

Developed by JDS Development, Monad Terrace has 59 residential units with a 7 story and 14 story tower.

Construction started on Monad Terrace March 2018 and started going vertical August 2018.

Previous construction photos can be viewed here.

Cavalier and Henrosa Hotels For Sale At A Combined $42M

The Cavalier Hotel located at 1320 Ocean Drive and Henrosa Hotel located at 1435 Collins Avenue are for sale for a combined $42 million, according to The Real Deal.

The hotels are being sold by Orlando J. Valdes for $25 million and $17 million. The Cavalier Hotel was built in 1936 and is 17,000 square feet while the 15,300 square foot Henrosa Hotel was built in 1935.

TBT - Construction Photos Of The Surf Club - Four Seasons Hotel & Private Residences

TBT - Construction Photos Of The Surf Club - Four Seasons Hotel & Private Residences

Construction is moving quickly at The Surf Club - Four Seasons Hotel & Private Residences in Surfside located at 9011 Collins Avenue. Since we last looked three months ago, one crane has been removed and the windows are being installed on the North Tower. 

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Ritz-Carlton Residences Miami Beach Receives TCO

Ritz-Carlton Residences Miami Beach

The Ritz-Carlton Residences Miami Beach has received its temporary certificate of occupancy on the building next to Surprise Lake.

The building has 111 residential units with pricing from $2 million to $40 million.

Previous construction photos of the Ritz-Carlton Residences Miami Beach can be viewed here.

Urbanica Management LLC Purchases Miami Beach Site For $40M

6747 Collins Avenue Site In Red

Urbanica Management LLC has purchased a 1 acre site in Miami Beach located at 6747 Collins Avenue for $40 million, according to The SFBJ.

The vacant property was sold by China City Construction Company.

Urbanica Hotel plan on building a 20 story hotel with 200 rooms and beginning construction at the end of next year.

The Bentley Hotel On Ocean Drive Sold For $28M

The Bentley Hotel Ocean Drive

The Bentley Hotel Ocean Drive

The Bentley Hotel located at 510 Ocean Drive has been sold for $28 million, according to The Real Deal.

The building was sold by JKR Bentley Holdings LLC and purchased by Ocean & 5th Commericial LLC.

The 3 story Art Deco style hotel was built in 1939 and designed by John & Coulton Skinner.

In 1980, there was a Sanchez Restaurant on the ground level that has now become a TGIF Friday’s Restaurant.