Published by Peter Zalewski
12/28/2023 
1:00:58 PM Project Description:
Designed by renowned architect Carlos Zapata, Turnberry Ocean Club in Sunny Isles Beach brilliantly combines modern architectural clean lines with classic ideas of intimate home living. Expertly using glass as a primary medium, Zapata has created a stunning jewel in Sunny Isles Beach. Turnberry Ocean Club soars to 54-stories above the Atlantic Ocean, and features 154 units designed with a beautiful flow through open layout, and each featuring fantastic ocean or bay views. The community amenities include 3 separate swimming pools, private dining options, and 3 bar and lounge venues. Residents at Turnberry Ocean Club are offered the opportunity to have membership privileges at Turnberry Isle Resort, where members can enjoy golf and tennis at their leisure, as well as access to the exclusive marina. Turnberry Ocean Club is also home to a sky pool, suspended 333 feet above the ground, with a pool bar and restaurant. Residents also have access to private beach services and amenities, a state of the art oceanfront gym, nail salon, and spa. Turnberry Ocean Club is truly elevated luxury living.
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CraneSpotters Preconstruction Condo Project Overview |
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| Condo Description | Details |
| PROJECT NAME | Turnberry Ocean Club |
| ADDRESS | 18501 Collins Avenue |
| SUBMARKET | Sunny Isles Beach |
| COUNTY | Miami-Dade |
| WATERFRONT PROJECT | Yes |
| TYPE OF WATERFRONT? | Ocean |
| NUMBER OF TOWERS | 1 |
| TOTAL FLOORS (BY ELEVATOR) | 54 |
| TOTAL RESIDENTIAL UNITS | 154 |
| BED RANGE | 3 TO 6 |
| RANGE OF SQUARE FEET | 2,589 – 10,750 |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 1 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 2 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 3 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 4 BED – XX – X,XXX SF |
| MINIMUM PRICE PER UNIT | |
| MONTHLY MAINTENANCE FEE PER UNIT | |
| MONTHLY MAINTENANCE FEE PER SQUARE FOOT | $ 1.50 |
| TURNKEY READY | Finished |
| PROPERTY AMENITIES | Bar, Cabana, Spa, Private Restaurants, Beach Serice, Concierge,Gym, movie theater,Beach service |
| WATER VIEWS | Yes |
| PETS PERMITTED | Yes |
| MAXIMUM NUMBER OF PETS | |
| RENTAL TIMES PER YEAR | 2 |
| TOTAL ONSITE PARKING SPACES | |
| FIRST DEPOSIT % | |
| SECOND DEPOSIT % | |
| THIRD DEPOSIT % | |
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| TOTAL DEPOSIT % | |
| UNIT FINANCING AVAILABLE | |
| RECOMMENDED LENDERS | |
| PROJECT STATUS | Completed |
| PRESALES UNDERWAY? | |
| RATIO OF PRESALES | |
| SCHEDULED CONSTRUCTION START | |
| SCHEDULED COMPLETION DATE | |
| YEAR COMPLETED | 2021 |
| DEVELOPER | Turnberry Associates & Fontainbleu Development |
| COUNTRY OF DEVELOPER | United States |
| DEVELOPER FEE % | |
| ARCHITECT | Carlos Zapata/Robert Swedroe |
| ARCHITECTURAL FIRM | |
| GENERAL CONTRACTOR | |
| DATE OF GROUNDBREAKING PARTY | |
| NOTICE OF COMMENCEMENT FILED | |
| DATE CRANE ERECTED | |
| DATE OF CONDO DECLARATION FILING | |
| DATE OF CONDO LAUNCH PARTY | |
| DATE OF TOPPING OFF | |
| DATE OF FIRST RECORDED TRANSACTION | |
| LEAD LENDER | |
| LEAD LOAN AMOUNT | |
| DATE OF LEAD LOAN | |
| SECONDARY LENDER | |
| SECONDARY LOAN AMOUNT | |
| DATE OF SECONDARY LOAN | |
| CONDO PROJECT WEBSITE | |
| INHOUSE SALES BROKERAGE | |
| INHOUSE SALES REPRESENTATIVE | |
| INHOUSE SALES REP TELEPHONE | |
| INHOUSE SALES REP EMAIL ADDRESS | |
| INHOUSE SALES BROKERAGE ADDRESS | |
| BUYSIDE COMMISSION % | |
| PRICING SURVEY DATE | |
| MINIMUM PRICE PER DOOR | 5.5 million |
| MINIMUM PRICE PER SQUARE FOOT | $ 1,768 |
| SALES RATION | |
| COMMISSION % | |
| INCENTIVES | |
Condo Market Inventory Tracker
A Snapshot Of Tricounty South Florida Region Of Miami-Dade, Broward And Palm Beach
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| Condos | 24,016 | 10.2 |
| Luxury Condos | 3,740 | 15.1 |
| Shortsales | 30 | 15.0 |
| REOs | 126 | 6.6 |
| Rentals | 21,476 | 3.9 |
Peter Zalewski is a licensed real estate broker and consultant focused on the South Florida condo market. Zalewski is a former special contributor to the Miami Herald and a former real estate columnist for The Real Deal magazine. Zalewski now hosts the Miami Real Estate Investing Podcast that is available in audio and video wherever you get your podcasts.
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