Steve Hafner, chief executive of Kayak Software Group, is in contract to buy the penthouse at L’Atelier in northern Miami Beach. L’Atelier is a ONE Sotheby’s International exclusive development slated for completion in the third quarter of 2018. Sales launched in 2015 and to date the building is 87 percent sold.

Hafner bought the unit because he wanted both more space for his family and as a financial move. “North Beach/Surfside is an up-and-coming area, and I think the penthouse is a good investment,” said Hafner in an interview with The Wall Street Journal. Initially shopped for $33 million in 2015, the penthouse was officially listed at $25 million when it was put on the market in February of last year. An impeccably designed unit, it will take up the 17th and 18th floors. Soaring 22-foot-high ceilings in the living and dining rooms, a 40-foot-long pool and exclusive roof access are just some of the impressive features of the 8,000 interior square foot unit, which has an additional 8,500 square feet of exterior space.

I have believed in this project since the beginning and I believed in the vision of the Developers, Architect and Holly Hunt. It is truly rewarding to finally see L’Atelier come to fruition and to be so close to sellout. ONE Sotheby’s represents 65% of the sales and this is a true testament to our success.


Release of The Wealth-X World Ultra Wealth Report 2015-2016

Wealth-X released their much anticipated World Ultra Wealth Report with updated 2015-2016 data. The findings are particularly illuminating in this election year of change. The report found that there are 212,615 ultra high net worth (UHNW) individuals globally holding a combined wealth of US $30 Trillion in assets. This represents flat growth from the prior…Continue Reading

Miami Herald Asks Local Influencers “What will Trump’s Presidency Mean for Miami Real Estate?”

The Miami Herald conducted an interesting and thought provoking audit of local influencers in the wake of the Trump Election (here). Their piece sought to assess the reaction of professionals who are active in local real estate, one of South Florida’s biggest industries. The Herald spoke with realtors, developers, economists, bankers, and lawyers about short…Continue Reading

Q3 Trends Update: Market Strength Spotlight

The ONE Sotheby’s International Realty Q3 Trends Update for Miami-Dade’s single-family home market in its most exclusive neighborhoods is here. The data assessed shows a positive overall snapshot at the health of our luxury market. 4 of the 5 categories in the Waterfront Home segment showed positive change from the same period last year. Average…Continue Reading

Shift Happens in Sunset Harbour – Miami Beach Wellness Spotlight

Sunset Harbour has been evolving steadily into a wellness hub over the past 5 years with a range of fitness club and restaurant options popping up and drawing Miami Beach residents. As a longtime Sunset Harbour fan myself, I have been part of that evolution and am a regular at places like Barry’s Bootcamp, Flywheel,…Continue Reading

The Best of Concierge Service on Miami Beach

The WSJ’s Mansion Global recently did a spotlight on the luxury offerings that top Miami Beach residences can offer and Louver House was featured as the prime example. The piece titled “Concierge Service Brings Miami’s High-End Homebuyers Straight to the Beach” focuses on efforts by condo developers to offer beach service that provides the next…Continue Reading

Anna Sherrill Spotlight: US Mortgages and Foreign Buyers

Global turmoil and economic instability has led foreign buyers to find unique ways of safeguarding their money. Many have determined US real estate to be the ideal safe space but buyers have to be more savvy than ever, especially as foreigners face rising US home prices and a strong dollar. In the past overseas buyers…Continue Reading

Introducing: Palazzo del Sol Fisher Island

The A Team had the pleasure of touring Palazzo del Sol this week and it felt right to share the beauty of the Fisher Island project with you on Waterfront Wednesday. The tower is the only new construction project on the renowned Fisher Island and the live project has brought some of the most desirable…Continue Reading

MID YEAR TRENDS REPORT – Single Family Home Data

My firm has culled through all the data fit to print and has released a mid-year review on Miami’s luxury single family home category. The state of the market shows a residential shift noting a transition that allows buyers a greater selection of inventory and at time – increased negotiating power over sellers. The transition…Continue Reading

Grove at Grand Bay – An Anna Sherrill Spotlight

Coconut Grove has always been a treasured bohemian enclave, and until a year or so ago – remained a local’s secret. But “The Grove” has quietly grown its cache as several significant new developments have emerged (WSJ article chronically its rise). One of the most notable include Grove at Grand Bay (pic above from their Instagram…Continue Reading

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