Published by Peter Zalewski
12/4/2023 
12:39:45 PM Project Description:
– An expanse of 200 linear feet of pristine private shoreline.
– A comprehensive amenity program offering the best of beachfront living.
– 73 plus 10 suites for owner only signature OMA designed homes oriented to provide views of the Atlantic Ocean from each residence.
– Residences ranging from 2,100 to 6,700 square feet
– Gold level LEED certification
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CraneSpotters Preconstruction Condo Project Overview |
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| Condo Description | Details |
| PROJECT NAME | The Perigon |
| ADDRESS | 5333 Collins Avenue, Miami Beach, FL 33140 |
| SUBMARKET | Miami Beach |
| COUNTY | Miami-Dade |
| WATERFRONT PROJECT | yes |
| TYPE OF WATERFRONT? | Oceanfront |
| NUMBER OF TOWERS | 1 |
| TOTAL FLOORS (BY ELEVATOR) | 18 |
| TOTAL RESIDENTIAL UNITS | 73 plus 10 guest suites |
| BED RANGE | 2 TO 4 |
| RANGE OF SQUARE FEET | 2,100 TO 6,700 |
| 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 | 3 Million |
| MONTHLY MAINTENANCE FEE PER UNIT | |
| MONTHLY MAINTENANCE FEE PER SQUARE FOOT | $ 2.00 |
| TURNKEY READY | Finished but not furnished |
| PROPERTY AMENITIES | Five Stars amenities, exclusive oceanfront restaurant, pools, spa, exercise rooms |
| WATER VIEWS | Yes |
| PETS PERMITTED | Yes |
| MAXIMUM NUMBER OF PETS | |
| RENTAL TIMES PER YEAR | 2 |
| TOTAL ONSITE PARKING SPACES | |
| FIRST DEPOSIT % | |
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| THIRD DEPOSIT % | |
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| UNIT FINANCING AVAILABLE | |
| RECOMMENDED LENDERS | |
| PROJECT STATUS | Under Construction |
| PRESALES UNDERWAY? | |
| RATIO OF PRESALES | |
| SCHEDULED CONSTRUCTION START | 2023 |
| SCHEDULED COMPLETION DATE | 2025 |
| YEAR COMPLETED | |
| DEVELOPER | Mast Capital and Starwood Capital |
| COUNTRY OF DEVELOPER | United States |
| DEVELOPER FEE % | |
| ARCHITECT | OMA – Office of Metropolitan Architecture |
| ARCHITECTURAL FIRM | OMA |
| 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 | |
| MINIMUM PRICE PER SQUARE FOOT | |
| SALES RATION | |
| COMMISSION % | |
| INCENTIVES | |
Miami Condo Inventory Report
This is a snapshot of the tricounty South Florida region Of Miami-Dade, Broward And Palm Beach.
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| South Florida | 25,314 | 11.4 |
| Miami-Dade County | 10,322 | 12.5 |
| Broward County | 9,049 | 11.5 |
| Palm Beach County | 6,083 | 10.1 |
Peter Zalewski is a former financial journalist, condo consultant, expert witness, licensed Florida real estate broker and the founder of the Miami Condo Investing Club™ (MiamiCondo.Club).
Confused about whether it is the appropriate time to buy or sell a condo in South Florida? The experts at CVR Realty are here to assist you in crafting a strategy during this uncertain time. Unlike many brokers offering services, our organization has been through the cycles and can assist you to capitalize on the situation.
For a free consultation, please contact the South Florida Condo Experts
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