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The Best Luxury Condo’s in Miami – Voted by top agents.

October 4, 2016

The Best Luxury condo in Miami

 

Miami is the home of some of the world’s most luxurious condos and in the last few years the bar has been set pretty high with luxurious finishes and over the top services and amenities. Therefore the question: “What is the most luxurious Miami condo?” isn’t a question that is easily answered.

First of all, I should comment that the best or the most luxurious is an opinion and opinions differ. I would however like to comment that I speak with many clients and real estate colleagues on a daily basis and this question comes up rather often. The below “Best and Most Luxurious” condos are therefore not merely my opinion but a shared view of real estate professionals and condo buyers.

1. Park Grove in Coconut Grove

Park Grove is a unique concept in Coconut Grove. One of the first truly luxurious residences in the sky of Coconut Grove.  Park Grove in Coconut Grove is a new architectural masterpiece by Rem Koolhaas’ Office for Metropolitan Architecture. The Park Grove Condo project will feature 3 towers and 298 completely finished residential units located in a 5.2-acre waterfront park with over 50,000 Sq.Ft of amenities and a major collection of Art, displayed throughout the property.

Towers 1 is the most exclusive tower at Park Grove. The condo offers the most expansive units as well as the best bay views.  One Park Grove will have some unique and stunning characteristics like only 3 residences per floor, 12 Ft ceiling, 20 Ft wide balconies, private elevators and some residences will feature private pools. Tower 1 prices are starting from $4,2M.

One Park Grove in Coconut Grove – An independent condo review

There are several factors that make Park Grove a very desired condo

  • There is a limited supply of luxury Coconut Grove condos, but a high demand
  • A true luxury product with high-end finishes and state-of-the-art amenities
  • Park Grove in Coconut Grove is located on 5.2 acres of waterfront parcel with over 50,000 Sq.Ft of amenities
  • Park Grove is designed by a world-class team of leading architects, designers, and developers
  • Tower 1 and 2 have 12ft Ceilings and tower 3 has 10 Ft Ceilings
  • Park Grove is located on the coast line of Coconut Grove, a neighborhood that is extremely desired by high net worth individuals and families.
  • Coconut Grove is known for its excellent location, high-end lifestyle and proximity to Miami’s best private schools

2. Eighty Seven Park in Miami Beach

Eighty Seven Park is one of the last luxury condos to be launched on the Beach. This superb condo is being constructed in North Beach, a newly discovered part of the beach. As many families or investors want to be close to the action, but not within the action North Beach offers the best alternative. You are right on the sand and just a short drive away from nightlife, restaurants, shops and the world’s best hotels. Since 87 Park and the Four Seasons have been announced more wealthy families are moving from the lower parts of the beach up to the newly found heaven in the North.

It is hard to stand out in Miami’s ultra-luxury condo market where one project is more opulent than the next one, but we recognize a great development when we see one.

The Investment Value of Eighty Seven Park, Miami Beach

There are several factors that make Eighty Seven Park (87 Park) a unique and valuable property

87 Park is an oceanfront development by Pritzker award-winning architect Renzo Piano, which offers only 70 residences on 18 floors with private elevator access. Residences range in size from one to five bedrooms (1,018 Sq.Ft to 4,140 Sq.Ft) with expansive terraces. The oceanfront residences are designed to seamlessly embrace park and ocean. The grounds are surrounded by lush, green areas consisting of the redesigned 35-acre North Shore Park to the south and a private garden, designed by renowned landscape architect West 8 for residents to the north.

Located at the gateway to Miami Beach, close to Bal Harbour shopping and Miami’s most exclusive district, Indian Creek, Eighty Seven Park offers unobstructed views of park and ocean in addition to views of Biscayne Bay and the Miami Skyline.

It is this combination of a high-end product with a limited amount of units, located right on the sand with a private park on the premises that attracts a lot of buyers. Residents of Eighty Seven Park can be ensured of unobstructed ocean views, which cannot be said from many other developments. As the park is part of the project, there won’t be any new constructions and your ocean views are safe.

87 Park is truly a unique combination and most buyers value the fact that they invest in Miami Beach, but they buy a very private residence that offers tranquility and luxury, just outside of Miami Beach’s very busy core.

3. Porsche Design Tower in Sunny Isles Beach

The Porsche Design Tower is Sunny Isles Beach is the first Porsche Condo ever built in the world, appropriately named P001. The Porsche Design Tower is unique in its kind with its Robotic parking system that will allow its residents to transport and park their cars in their own private Garage (2 -4 Car Garage) at the door step of their residence. This basically means that nobody ever needs to see you coming in and out of your unit. This privacy aspect makes the building highly desired by high profile people. The tower is the first Porsche Designed Tower in the world and in case you are interested: 2% of the world’s billionaires own in this building (that will be some impressive networking). The tower is expected to be delivered in 2016

the-worlds-billionaires-are-flocking-to-miamis-luxurious-porsche-design-tower-where-they-can-use-an-elevator-for-their-cars

Why do buyers prefer the Porsche Design Tower in Sunny Isles?

  • The tallest building in the Sand in the USA (60 Floors and 649′ Height)
  • The tower will feature a robotic parking system that will allow its residents to transport and park their cars in their own private Garage (2 -4 Car Garage)
  • The Porsche Design tower will only have 2 or 3 units per floor and Residences rang from 4750 Sq. Ft. to over 9,000 Sq. Ft.
  • Private swimming pool and summer kitchen on oversize terraces creating a luxurious outdoor living environment[except on P’0393 model].
  • Elegant smooth ceilings rising to 10’ clear and 20’ clear on the duplex units. Floor-to-ceiling windows optimizing views.
  • Private Elevators
  • The amenities include amongst others a private restaurant, a hair salon, a gaming room, a movie theater, a golf simulation room and a spa equipped with a snow room

4. Faena House in Miami Beach

Faena House Miami Beach is located in the heart of Miami Beach and is a real find. The Lord Norman Foster-designed condo tower next to the Faena Saxony hotel, is designed to be aerodynamic and above the flood plane. It has balconies that can be used like Brazilian verandas, connecting the various spaces in your condo. These deep wrap around balconies are called aleros that feel like rooms really and are interconnected, sort of doubling as hallways.It will have really, really wide pieces of glass for windows and sliding doors. The super-minimalistic kitchens will be fancy and futuristic as a kitchen can be. Faena House is the first luxury tower in the Faena District. A district known for its art, culture and luxury living right on the beaches of Mid Miami Beach. Faena House has attracted many wealthy individuals.

Faena Mar Miami Beach

5. The Miami Beach Edition

The residences at the Miami Beach EDITION are the embodiment of the South Beach Good Life. 26 Luxurious homes next to the beach where one can live with pleasure and without effort. The Residences are designed to meet the needs of modern, sophisticated people who understand the art of living and share the desire to enjoy the freedom of a well-run, well-designed, uncluttered life.

Edition is a Marriott hotel brand with individualized hotels that offer a hip, hotel experience. Developer Ian Schrager was the brains behind Miami’s Delano Hotel and Shore Club, plus a series of equally-successful and hip hotels in New York.

The Residences at EDITION are not merely residences with hotel services. Onsite lifestyle managers cater to the residents’ needs with concierge services, housekeeping and room service as well as more special tasks like renovations and party planning.

Residents will also enjoy priority access to all hotel services and amenities, including VIP restaurant reservations and exclusive access to a private beach

PHOTO CREDIT: Courtesy of Edition Hotel

David Siddons is a top performing Miami real estate agent.  Ranked for production within the top 1/2 of 1% of agents nationwide. He is also an industry analyst and creator/author of several real estate guides – The most recent being the end of year 2016 Miami Real Estate Report. He has previously reported Miami Real Estate news for CNN, The BBC, Miami Today and The Real Deal to name a few.

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