Welcome to the Big Bubble MIAMI. The Big Bubble is edited by Sean McCaughan. Sean was the Founding Editor of Curbed Miami at miami.curbed.com, a position he held for three and a half years, and has written extensively about the real estate, development, architecture, design, art, and culture of South Florida and beyond. You can find more of his writing at seanmccaughan.com. For Big Bubble-related inquiries, you can reach him at email@example.com. For other writing and copywriting inquiries, please email firstname.lastname@example.org. Thank you.
Sometimes a property arises that appears to be the absolute definition of obscenely luxurious decadence, to practically an irresponsible degree. That's one way to describe this rental that recently hit the market at 242 Washington Avenue for an absolutely lavish $21,000 a month, in the heart of South Beach's South-of-Fifth enclave.
In April the owners of the Mai-Kai, the iconic and now-shuttered polynesian themed restaurant in Broward County, unveiled their grand plans to the City of Oakland Park and neighborhood residents for the property, including an enhanced entrance experience and banquet hall, along with necessary repairs to the roof and air conditioning systems, a new kitchen, and restoration of the main dining rooms. A part of the 65-year-old building's roof caved in back in October of 2020, leading to the closure of the Mai-Kai and questions as to the venue's future - a future that is increasingly looking to be in safe hands.
The quaint cottage at 3564 Avocado Ave, in the heart of the South Grove, combines a home originally built in 1936, replete with brick walls, a blue front door, Pecky Cypress paneling, and a gabled roof, along with a breezier section with sliding glass doors and a beamed ceiling that may have been added a few decades later to open out to the pool. Containing four bedrooms and four baths in just under 3,000 square feet, the house feels like a charming melange of old-Miami charm from a few different eras, with a huge price tag that seems appropriate for the maniacal post-pandemic housing market of today. Newly listed at $3.5M, the owners are asking more than twice what the house went for merely four years ago. Check out the photos, below.
Just a few months ago, this 10,000 square foot Palm Beach estate on a sweeping piece of property facing Lake Worth sold for a whopping $55 million, which any sane person might think was an impressive enough price tag, after having been on the market for about five months. But this is how over-the-top the current real estate market is. The house appears to have been almost immediately whallopped back onto the market, with a new listing price of $79 million. If that brash of a flip isn't proof we live in truly bizarre real estate times, than what is?
Trader Joe's roomy new Midtown Miami store, which began construction at Gio Midtown back last June, is racing toward completion, as can be seen by a quick stroll by the new space. Peek in the window, and the store looks practically, almost, just barely complete. All that's seemingly missing is perhaps the last of the chain's signature visual flourishes, taking the plastic off the cash registers, and well, stocking the shelves, and boom. Although the store (#794) still hasn't announced an official opening date, the Big Bubble would not be shocked if it happens in the next week or two. Read on for a few interior photos, including a glimpse of the majorly big mural in the soaring entry.