Published by Peter Zalewski
12/29/2023 
3:55:20 PM Project Description:
Introducing Villa Miami, a luxurious waterfront development that redefines opulence in Miami’s vibrant real estate scene. This iconic 55-floor tower comprises 49 residential levels and three levels of private club lifestyle amenities, all meticulously designed by Charles & Co. Villa Miami offers stunning 360° sunrise and sunset views of Biscayne Bay, the Atlantic Ocean, Downtown Miami, and Miami Beach, enveloping residents in a world of unparalleled extravagance.
Curated by a partnership of visionary architects and designers, including Major Food Group, Enzo Enea, and ODP Architects, Villa Miami features a cast bronze exoskeleton and a multifaceted, gemstone-inspired glass amenity podium. Residents can choose from full-floor Villa Piano residences or half-floor Villa Mezzo residences, all with premium bay frontage and world-class amenities serviced by MFG.
Experience a seamless, opulent lifestyle with on-site estate management, an Italian-inspired spa, a state-of-the-art fitness center, fully serviced outdoor pool deck, and a multitude of leisure and entertainment spaces. Villa Miami is truly a masterpiece that brings unparalleled luxury living to Miami.
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CraneSpotters Preconstruction Condo Project Overview |
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| Condo Description | Details |
| PROJECT NAME | Villa |
| ADDRESS | 700 NE 29TH Street Miami, FL 33137 |
| SUBMARKET | Greater Downtown Miami |
| COUNTY | Miami-Dade |
| WATERFRONT PROJECT | Yes |
| TYPE OF WATERFRONT? | Bay |
| NUMBER OF TOWERS | 1 |
| TOTAL FLOORS (BY ELEVATOR) | 55 |
| TOTAL RESIDENTIAL UNITS | 49 |
| BED RANGE | 3 TO 5 |
| RANGE OF SQUARE FEET | 2,939 TO 6,143 |
| 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 | 4,5 Million |
| MONTHLY MAINTENANCE FEE PER UNIT | TBA |
| MONTHLY MAINTENANCE FEE PER SQUARE FOOT | TBA |
| TURNKEY READY | Finished |
| PROPERTY AMENITIES | Amenities for Villa Miami include an elegant lobby, pool, fitness center, elevators, 24-hour concierge service, 193 parking spaces, 16,489 square feet of commercial/retail, a rooftop helipad, and a public baywalk. |
| WATER VIEWS | Yes |
| PETS PERMITTED | Yes |
| MAXIMUM NUMBER OF PETS | |
| RENTAL TIMES PER YEAR | TBA |
| TOTAL ONSITE PARKING SPACES | |
| FIRST DEPOSIT % | |
| SECOND DEPOSIT % | |
| THIRD DEPOSIT % | |
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| UNIT FINANCING AVAILABLE | |
| RECOMMENDED LENDERS | |
| PROJECT STATUS | Approved |
| PRESALES UNDERWAY? | |
| RATIO OF PRESALES | |
| SCHEDULED CONSTRUCTION START | Q4, 2023 |
| SCHEDULED COMPLETION DATE | 2026 |
| YEAR COMPLETED | |
| DEVELOPER | Terra Develpment, One Thousand Group, Major Food Group |
| COUNTRY OF DEVELOPER | United States |
| DEVELOPER FEE % | |
| ARCHITECT | Bjarke Ingels, Rem Koolhaas and Arquitectonica |
| 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 | |
| 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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