When the exquisitely wealthy businesswoman and philanthropist Adrienne Arsht listed her magnificent and massive Miami estate for sale in January, spectacularly priced at $150 million, it was a news item significant enough to command splashy spreads on the covers of the Miami Herald and the Wall Street Journal's Mansion section. To put it mildly, it was a major, major news item, not just because it could set a new record for the most expensive residential sale in South Florida, but because of the size, prominence, and history of the property itself.
A fully built-out train depot, including ticket counters, a waiting room, dedicated bathrooms, various other such spaces tailor-made for Amtrak's use, and direct links to a bevy of other transportation options, neglected to collect mothballs by Amtrak for an incredible seven years, may finally be put to use. When the Miami Intermodal Center, also known as the Miami Airport Station (even though technically it's a depot) was completed back in 2015, Amtrak realized a little late that the platforms were too short. Due to what was basically just a mammoth screw-up, the rear end of an Amtrak train would have to stick way out into traffic going along NW 25th Street like a one-thousand-one-hundred-foot-long, metal Kim Kardashian.
Here's a rather pretty space, on the top floor of the Bank, a small condo tower near the corner of Biscayne Boulevard and NE 79th Street that, as the name suggests, used to be a bank. Listed for $750,000 and the biggest penthouse in the building, it was probably once a normal 1,600-foot apartment... you know, with bedrooms and stuff, but at some point converted into just one big room. It's a huge studio.
With just over one acre of land on South Bayshore Drive, the rambling estate of John T. Peacock, a member of Coconut Grove's founding Peacock family, this 111-year-old historic pile is on an unusually large piece of land for a property in the heart of the Grove. Overlooking Kennedy Park, and an old sheltered inlet that practically ends at its front gate, the listing is asking for a healthy $12.9 million.
The legendary Palm Bay Club had its glorious halcyon days in the 1960s, and '70s, when it was the epitome of glamour for the jet-set cafe society glitterati of its day. Not only did residents have to be rich, but they had to be a lot of fun, according to its creator Connie Dinkler.
Omega, the luxury watch brand, is celebrating the 2021 Olympics in Tokyo, which began today, by dressing up their store in the Miami Design District and scattering big Olympic-themed kchotchkies around the neighborhood. One of those is a diorama-like display near the shape of a giant fake pool meant to be an ode to Olympic swimming. Out in the sweltering Miami heat, without water, is it just a big blue tease?
Condo king Jorge Perez, CEO of the Related Group, has listed his longtime home in Coconut Grove, a waterfront villa with over 10,000 square feet of space, for a whopping $33 million. Originally reported by the Wall Street Journal, the listing has now officially hit the MLS along with photos of the exterior and interior of the house. Ever wonder how the guy who built half the condos in Miami actually lives? Well, check it out.
The Dade Commonwealth Building, built in Miami's halcyon 1920s, the year 1927 to be exact, has stood the test of time. Its unique rooftop crenelation, according to historical lore, was due to a hurricane that hit during construction, slicing the building at the eighth floor and causing the builders to just leave it there. Now it's on the market, according to a listing at Loopnet, for a total of $21 million, with permits approved for its demolition with the exception of the first three stories of the facade.
This monolithic three-story concrete bunker-like building, jazzed up with a contemporary wedge-shaped entrance and a scattering of random windows along the facade, is actually a luxurious private parking garage designed to hold a collection of fifty cars. Located at 3070 SW 38th Court, the 12,354 square foot structure, which also contains an office, a lounge area, and an expansive roof deck, has recently been sold for $4.7 million.
A few days after the Big Bubble covered the sale of Brickell Flatiron Park, from the developers of the Brickell Flatiron tower behind it to a new, and as yet undisclosed, contingent of investors, the Miami Herald posted their coverage of the sale. In that Herald article, the Big Bubble's concern that the park could be fully developed over, turning what is one of Brickell's few green spaces into a retail development, seems like it may be answered.