One Ocean

From Related Group, the developers that brought you the Murano, W South Beach, and Apogee, comes the new One Ocean South Beach: a peaceful oasis in the heart of South of Fifth that rivals its sister properties with its modern glass facade. The building will have 46 residences and four oceanside villas with unique living spaces that incorporate nature and art created by architect Enrique Norten. 
Typical units will include oversized balconies, private elevators, and an exclusive beach club membership. Residents can enjoy looking out at the zen garden from the state-of-the-art fitness facility or relax in private cabanas at the Infinity Edge pool. One Ocean South Beach is being designed so that every unit will have a unique, flow-through floor plan, so each will be a one-of-a-kind. The building offers three to five bedroom options which will typically be around 3,000 SF starting at $1000/SF. 

Louver House

South-Of-Fifth continues to deliver some of the most prime real-estate on Miami Beach and in South Florida. Louver House, developed by Mast Capital and designed by Architect Rene Gonzalez hit the market in mid-January for pre-construction reservations. The boutique residential building's design blends glass with stone to create a beach sanctuary that feels like quite luxury away from the hustle and bustle of city life.  

Louver House features 12 units, all in 3 bed/ 3.5 bath layouts across 4 stories with rooftop terraces. Units include oversized balconies, private elevators and 10 foot floor to ceiling glass ranging from 2,088 - 2,432 SF. Units also include high-end kitchen and bathroom fixtures and appliances by Ornare, Wolfe and Sub Zero, smart-technology ready and 2 parking spaces per unit. Pricing starts at $1.9M - $3.6M. The rooftop terrace features an infinity edge pool, BBQ area and garden lounge. Louver House also features 24 hour security, outdoor yoga studio, state-of-the-art fitness center, electric vehicle charging stations and a full-time residential manager. If you are looking to live or invest in South-Of-Fifth and prefer a boutique, quite, unique building with magical layouts, Louver House is worth looking into.   

South-Of-Fifth Miami Beach Overview

One of the most exclusive enclaves, removed from the craziness of Miami Beach is the high-end South-Of-Fifth neighborhood. Starting from fifth street and encompassing everything through Southpointe Park, this area has undergone one of the most extreme transformations of property in the last decade. Consisting of falling apart buildings, criminals, homeless, etc. SOFI was an area to avoid. Real-Estate Developer Thomas Kramer purchased a large portion of what is now modern day SOFI for $45 million in the early 90's. He was able to get zoning permits to build some of the largest buildings in Florida which today stand tall over Miami Beach. SOFI, as it's also known as, is now selling at the highest price-per-square-foot with the most recent sales pushing $4,000 SF. Average pricing for the area has risen from $852 SF in 2009 to well above $1,500 SF in todays market. SOFI is a great place for residents looking for a turn-key unit that in a five-star building or investors looking for a solid rental return with a high-demand unit.   

One of the reasons SOFI is in such demand is due to the location. With South Pointe Park as the most southern tip of Miami Beach, SOFI is surrounded by water on 3 sides. Views consist of the Atlantic Ocean, Fisher Island, Biscayne Bay, Downtown Miami, Brickell, Port of Miami and north towards Miami Beach. SOFI is also very attractive as it is one of the more walkable and safe neighborhoods in Miami. From your doorstep, some of the worlds top restaurant destinations await including Joe's Stone Crab, Milos, Il Mulino, Prime 112, Prime Fish, Prime Italian, Smith & Wollensky, etc. Additionally there is South Pointe Park, which winds around the southern tip of Miami Beach overlooking Fisher Island and provides a beautiful, quite, secluded area for recreation and enjoyment. The 17 acres promenade features running and walking trails, seating, kids areas and beautiful views of Downtown Miami. SOFI is also home to Miami Beach Marina, providing many options for seafaring individuals.     

Top Buildings:

• Apogee
• Icon South Pointe
• Murano Grande 
• Continuum Towers
• Ocean House
• Glass
• Portofino Tower
• South Pointe Tower

New Developments to Watch:

• SOFI House
• Three Hundred Collins 
• 321 Ocean
• Marea South Beach

GLASS Project Southpointe

GLASS Project, formally know as the Glass120 Condominium in Southpointe has just about neared completion, making it the fourth condo project in the South-of-Fifth neighborhood completed since 2011. GLASS is being developed by Terra Group and will be an 18-story condo project located directly on the highly-desirable Ocean Drive. The GLASS name can be attributed to the design, which is meant to "disappear" into the sky as the building rises with smart use of architectural design and glass by architect Rene Gonzalez.  

This high-end area has been on the rise and prices have pushed higher then $2,000 SF with some units selling for over $3,000 SF. Glass120 features 10 units, 8 of which are already purchased at an average of $2,700 SF. Sales started at $3.4 million and have continued on past $20 million. Units feature full-floor layouts with panoramic views of the Atlantic Ocean, Miami Beach and Downtown Miami. Buyers will have a chance to customize their floorpans and make the units "their own." Residents will also get an "estate manager" valet, housekeeping, beach services and gym.

Developers plan to build 11 more condo buildings, totaling about 150 units in the South-of-Fifth area of Miami Beach over the next few years. Pricing in this area is already extremely high per SF but is in extreme demand and the area continues to grow and flourish. South-of-Fifth should be a smart place to invest for years to come.