Another luxury condo under construction in Surfside is FENDI Chateau Residences, which is already topped out at 12 stories and will have 58 residential units. Resident units range from 3,325 to 7,000 square feet with 10 foot ceilings. There are also 3 penthouse units with private swimming pools and sundecks.Read More
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.
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 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 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.
The Ritz-Carlton Residences Miami Beach is getting closer to completion as the final touches are being done on the building.
A year ago, the building was still progressing as the glass was being installed and painting starting on the exterior.
Previous construction photos of The Ritz-Carlton Residences can be viewed here.