New Luxury Oceanfront Residence planned in North Beach by developer Don Peebles
After seeing the successful sale of projects like Canyon Ranch and Eden House, it was only a matter of time before we would see further new developments come to the neighborhood. This newest project to be presented to the Historic Preservation Board is being developed by the Peebles Corporation and designed by Arquitectonica. When reviewing the proposed plan, what really stands out is the size and number of units. There are only 13 units in total, all with 12 foot ceilings. Ten of them will be one story full floor residences, with an average size of 5620 square feet. These units feature 4BD/5.5BA, and will boast a 360º wrap around terrace with amazing views of the ocean, private elevator foyer, master bedroom suite with his/her baths, open kitchen with island centrally placed between living area, media room and family room, private wine cellar, and a flex room to be used for whatever you’d like. These units are like the perfect 10.
In addition to the perfect 10 residences , the project will include 2 private villas, on the 2nd and 3rd floor of the building. Each 2 story villa will have it’s own private elevator, 8,688 sqft of living area in a flow thru design, a double height living room (24 ft ceiling), huge spacious decks facing the ocean with a summer kitchen, a private lap pool approximately 35 ft in length, and a covered lanai area on the west side. These are truly spectacular residences.
Last but certainly not least is the Penthouse residence, also two stories with over 10,200 sqft of living area boasting views of the ocean and bay, with it’s very own rooftop pool & deck. The plan for this PH was not part of the renderings submitted for approval, as I’m certain this residence can be customized for it’s new owner.
The elegant & reserved lobby will include a business center, while the 4th floor amenity level will feature a screening room, fitness center, wine cellar, and the resident’s lounge overlooking the infinity pool with 13 cabanas, one for each residence. In addition, there’s a larger beachfront pool.
Michael Larkin of Bercow Radell & Fernandez notes in his submission letter that this project completely complies with the Miami Beach development regulations and requires no variances. It replaces the previously approved project Ocean Sound, which stood at 19 stories with a total of 60 units. This new project will offer a smaller footprint and less density than what was previously planned. To hear more about this project or to voice your own opinion, make sure to attend the next Historic Preservation Board meeting on Tuesday, September 10th, 2013.
What do projects like this really say about North Beach? Developers like R. Donahue Peebles see an opportunity to invest in North Beach and develop a property that meets the planning department’s vision of this neighborhood. Instead of adding more units, even keeping the same envelope of the previous project, this seeks to give something unique and minimal, yet expansive for the resident. I wonder who will be the lucky 13 that will reside here?
Given the demand for these amazing residences, we’re certain these will be swooped up rather quickly when they are released for sale for prices sure to start north of $10Million. North Beach luxury – it’s like nothing else!
For more information about this project and Real Estate in North Beach, contact us today!