South Beach Condos Blog

Finally, the wait is over.   Apogee South Beach, destined to become Miami’s most prestigious condominium, is here.  Closings began a few weeks ago and sources say that approximately 40 percent of the units are closed.

I’ve been looking forward for Apogee to be completed.  I recently toured the building with my clients and their design and architectural team.  During our conversation, a comparison was made between Apogee and a Park Avenue-type building.  The designer quickly responded “Park Avenue should be this nice.”  

The summer kitchen, a bare necessity

The master bath at Apogee South Beach.

Click here to view more pics of Apogee South Beach

Click here to view available condos for sale at Apogee South Beach at 800 South Pointe Drive, Miami Beach

As you know, I am fascinated with 740 Park. Curbed is reporting that #4/5 A has traded at $32M to an unidentified buyer.

In the past, I have compared 740 Park to Apogee South Beach. I know from being inside Apogee South Beach that it is without peer in Miami Beach real estate, and apparently 740 Park has no peers as well. According to Curbed:

…those looking at 740 Park as a gauge of the luxury market are being quite foolish. This building plays by its own rules.

UPDATE: Ira Rennert is the buyer of #4/5 A and is rumored to have purchased another spread at 778 Park for “around $30M.”  Both apartments are said to be purchased for his daughters.  Sweet! [NYO]

I recently had a client who purchased a large condominium in South Beach.  While doing my research on available inventory of like/kind units in the neighborhood, I came to dissect each one of the luxury buildings to find out how many units were comparable to my buyer-client’s unit.  Here are some interesting real estate tid-bits about large units (over 2500 sq. ft.) in luxury condos in South Beach:

There are a total of 173 units with over 2500 sq. ft. in a total of six buildings:

Portofino Tower-13

Now, in just a few weeks, Apogee South Beach will add 67 condos and Continuum South Beach-North Tower will add approximately 40 condos over 2500 sq. ft. to the South Beach real estate condo inventory.

Use the following links to learn more about available condos for sale at Miami Beach’s most luxurious condos

I’m in the midst of reading 740 Park: The Story of the World’s Richest Apartment Building by Michael Gross. While reading this book, I keep making subconscious references to Apogee South Beach in my head. Given what I know about Apogee, from about the quality of construction to the pedigree of the owners, it isn’t hard to make the connection to 740 Park. The history of 740 Park Avenue, at least for me, is fascinating.

I try to understand why I keep comparing Apogee to 740 Park, and here is what I find:

• Apogee will be very exclusive, with only 64 residences
• Entry-level residences start at about $3.5M
• Gas fireplace in master suite or living room
• Each unit comes with a private, air-conditioned garage
• 11-foot wide terraces
• Each unit will have a “summer kitchen” on the terrace
• This will be the first condominium in Miami Beach to enforce a service entrance for all deliveries. Even real estate agents must use the service entrance.

Apogee South Beach is located in the chic SoFi neighborhood of South Beach, at 800 South Pointe Drive, Miami Beach, Florida.

Above: Here is a shot of the lobby. It is very simple and understated. Notice the huge slabs of walnut travertine marble.

Another shot of the lobby. The pillars are clad in oro nero marble.

This is the south view from the penthouse level of Apogee South Beach.

Above: This is the southwest view toward the city of Miami.

Above: North view over South Beach from the penthouse level.

Above: Pool area of Apogee South Beach. I love those pods that extend into the pool.

Above: Here is a master bathroom from a corner unit in Apogee South Beach. This photo was taken from approximately the sixth floor. This bathroom has incredible views overlooking Government Cut (cruise ship alley) and Fisher Island. Click here for a virtual tour of Apogee South Beach.

Apogee South Beach, South Beach condos, Miami Beach real estate, Miami Beach condos