It's rare that we hear of new 5-star oceanfront condos appearing in South Beach. Well, Christa Development Corporation and New York's Bluerock investment firm are bankrolling and building this stunning new project.
The Caribbean Hotel was a landmark structure built in 1941. This 7-story art deco treasure will be completely stripped and rebuilt from the inside out. Another building, 18-stories in height will be built attached to the original structure, thereby giving us two towers of ultra-luxury residences to choose from.
All units will have stunning floor-to-ceiling windows. In fact, both towers will basically be all-glass towers. And the views are just amazing. Practically every room in every apartment will see the ocean. The west-facing views will be of Miami Beach's famed Intercoastal.
Typical ceiling heights will range from 9-feet to 10-feet (penthouses). These are first-class apartments with Subzero and Miele appliances, marble and granite bathrooms and an amazing array of high-end designer finishes.
The project is scheduled to start construction in early 2006, with completion slated for Fall 2007.
Don't let this opportunity pass you! If you're looking for an ultra-luxury apartment and you missed out on some of Caribbean's predecessors, now is your chance to get in early!
37th Street and Collins Avenue - The Neighborhood
This part of South Beach is known as the Historic District. Over the past few years, we've seen an incredible amount of restoration and re-introduction of these classic Miami Beach structures. Also appearing soon in this same neighborhood: WCI's MOSAIC CONDO, the RITZ CARLTON RESIDENCES and THE SAXONY. Marriott recently refurbished and re-introduced the Courtyard tower, and it's simply an amazing example of how some of these buildings have eternal life as luxury destinations.
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The active and sold data in this report is limited to properties with a listed price or sold price of $250,000 or higher.
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