New Luxury Oceanfront Condominium Projects under Construction in Miami

November 9, 2012

We have seen a lot of movement in the luxury waterfront real estate market this past year. Buyers from the United States, Canada, Europe and South America have purchase almost all of the luxury waterfront real estate we have available. Inventory is very low, which is why developers from various parts of the world have come to South Florida to build new luxury waterfront condominiums.

Another reason we are seeing new developments along the coast following the financial crisis we faced is that people are looking for hard assets, according to Argentine developer Manuel Grosskopf. Manuel Grosskopf and his son Sergio are developers of the Chateau Beach Residences soon to be located on Sunny Isles Beach.

5 Luxury Oceanfront Condominiums under Construction in Miami  

1. 4001 North Ocean Condominium-luxury oceanfront condominiums located at 4001 North Ocean Boulevard, Gulf Stream, Florida 33483. A beautiful oceanfront pool and luxurious spa is available for all residents.        
2. Bellini-luxury oceanfront condominiums located at 4100 Williams Island Boulevard, Aventura, Florida 33160.  There are 70 spacious residents throughout the building, 24 floors and only 4 units per floor.
3. Regalia-luxurious oceanfront property located at 19505 Collins Avenue, Sunny Isles Beach, Florida 33160. The beautiful wavy building was designed after the ocean. The building is set right by some of the best shopping and nightlife South Florida has to offer. This unique building has 39 residences with only one residence per floor.
4. Mansions at Acqualina- is a luxury oceanfront condominium located at 17749 Collins Avenue, Sunny Isles Beach, Florida 33160. These luxury waterfront condos have spectacular views and unique floor plans. There are 47 luxurious stories and 79 private villas to choose from.   
5. Chateau Beach-is a uniquely designed luxury oceanfront condominium located at 17475 Collins Avenue, Sunny Isles Beach, Florida 33160. This elegant building houses units from 1,500 to 5,000 square feet. The penthouse and sky units are much larger.

Some real estate investors are concerned that we may be creating another real estate bubble, but Grosskopf told The Real Deal we are building new condominiums but it isn’t nearly what was being proposed or built back in 2003.