Colombo’s CMC Group is partnering with Ashi’s Fort Partners to develop the Four Seasons Private Residences at 2699 South Bayshore Drive. Sales are already underway at the luxury condo project with buyers skipping reservations and signing contracts for units at the planned 20-story, roughly 70-unit building.
Details, Renderings Revealed Of Planned Four Seasons In Coconut Grove Read More »
The waterfront development, located at 5 Grove Isle Drive, is comprised of three artfully interlinked buildings, now rising one tower at a time to form one unified structure. Vita at Grove Isle, which broke ground in April 2023, is slated for delivery in late 2025.
Construction Passes Halfway Point Of CMC Group’s Vita At Grove Isle In Coconut Grove Read More »
The pandemic accelerated the Grove’s popularity, attracting transplants from New York, Chicago, and California due to its proximity to all things great about Miami — including well-regarded private schools, a relatively quick drive to downtown, sophisticated dining, bayside parks and the revitalized Dinner Key pleasure boat marina.
Why Miami’s Coconut Grove Neighborhood Has Become A ‘Real Estate Hotspot’ Read More »
A court appointed receiver for Send Enterprises LLC, sold a dozen home lots in various stages of development throughout Coconut Grove with the permission from a Miami-Dade judge to Red Treehouse LLC, a company registered in Wyoming.
A Dozen Lots In Miami’s Coconut Grove Sold Out Of Receivership For $16.5 Million Read More »
The construction of Grove Central is finished. The residential tower is open for occupancy, with renters moving in, and the development’s retail component is opening in phases.
23-Story, Mixed-Use Project Grove Central Opens In Coconut Grove Read More »
Bank OZK provided the loan to CMC for the seven-story, 65-unit luxury waterfront condominium that is under construction on Grove Isle in Miami’s Coconut Grove. It’s more than 70 percent presold, according to a CMC press release.
Ugo Colombo Scores $239M Construction Loan For Grove Isle Condos Read More »
In what lawsuits allege was a long-running real estate fraud in Coconut Grove. a judge just approved a settlement among parties with the most money at stake. The $33 million deal omits those who put $20 million down on homes and lots where, their lawsuits allege, the developer fraudulently delayed completion while collecting multiple deposits and obtaining loans on the same properties.
Judge Approves Partial Settlement In Coconut Grove Property Dispute Read More »
In what’s referred to as four- and five-star properties, which are more high-end luxury, there has been a bit of a slowdown in absorption in Miami-Dade County. The one and two stars, and even three stars, which are more entry-level rentals, however, remain a very tight inventory.
Miami-Dade County’s Vacancies Rise In Luxury Residential Rentals Read More »
Lawsuits claim Send Enterprises, the company run by Douglas Cox and Nicole Pearl, intentionally strung buyers along for years, leaving their properties unfinished as they collected multiple deposits for the same parcel. At this time, it’s unclear how much of the down payments will be returned to the would-be buyers. The settlement proposal is set for a hearing before a Miami-Dade Circuit Judge.
A large mixed-use project called Grove Central is getting its finishing touches. The project will be anchored by a Target, and a residential tower is planned to include 400 apartments, with pre-leasing now underway.
Giant Transit-Oriented Development Nearly Complete At Coconut Grove Metrorail Read More »
