Penthouse for Sale in Coconut Grove | 2675 S Bayshore Drive

Great Penthouse for sale in Coconut Grove

Penthouse for sale  | 2675 South Bayshore Drive

Coconut Grove | Miami Real Estate Gem

In the heart of swanky Coconut Grove, footsteps away from couture shopping and exquisite dining sit this magnificent, fully-furnished 10,180 square foot penthouse in the sky. Surrounding this generous living space, is an expansive veranda, capturing majestic views of Biscayne Bay. Renowned, award-winning designer, Steven G, created exquisite spaces throughout this substantial home, including, 6 bedrooms, 7.5 bathrooms, 2 offices, a bar, wine cellar, entertainment space, and much more, including a private plunge pool and a 4 car private garage. A unit you’ll have to see to believe.

Amenities:
  •  Bar, Elevator, Exercise Room, Extra Storage, Pool, Private Pool
  • Room Count: 0
  • Equipment Appliances:
  • Circuit Breaker, Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Elevator, Fire Alarm, Washer/Dryer Hook-Up, Other Equipment/Appliances, Refrigerator
  • Floor Description: Ceramic Floor
  • Interior Features: Bar, Built-Ins, Closet Cabinetry, Cooking Island, Elevator, Fire Sprinklers, Walk-In Closet

About Coconut Grove

Coconut Grove is Miami’s oldest neighborhood and traces of the district’s colorful past are evident on every street corner. Blanketed by tropical greenery, Coconut Grove features plentiful wildlife and ebullient natural beauty. Between bricks of coral and limestone, ivy-coated walls, ample shade, and historic architecture that references its roots as a hippie commune in the ‘60s, its distinctively vibrant ambiance are unmistakable.

Tropical living in a historic neighborhood. Coconut Grove was the first settled area in South Florida, with communities surrounding the Cape Florida Lighthouse as early as 1825. Some of Miami’s oldest structures are preserved here, and even the newer parts of town conjure images of the hotels and plantations of its past.

Living in Miami

If you are looking for a place to invest in real estate, Miami, Florida is a top choice. In fact, Miami is considered one of the best American cities for a real estate investment. Located on the southeastern tip of the Florida peninsula, Miami is a major transportation and business hub. In addition, Miami is home to tons of luxury homes, resorts, and more. Are you looking for a dream home in Florida? If so, keep reading below to learn all about Miami Real Estate. Your dream home in paradise could be closer than you think.

Miami Real Estate – Luxury Investment

Right now, buying Miami real estate is a wise investment. Currently, properties are showing an  18.6 percent return each year. In addition, local real estate prices are still affordable compared to other major coastal cities in the US. Likewise, real estate experts recommend purchasing a home in the area as opposed to renting. Also, for individuals who want to buy a vacation home to earn rental income, experts indicate it is 23 percent cheaper to buy a property as opposed to renting it. Specifically, for homeowners that buy-in Miami Beach, it is 43 percent cheaper to buy a property than to rent.

Beautiful South Florida

Miami-Dade county is regarded to have some of the most beautiful neighborhoods in South Florida. There, residents and homeowners are able to enjoy a variety of activities all year round. For example, there is world-class golfing, sailing, boating, luxury shopping, fine dining, natural parks, and exciting nightlife. In terms of real estate options, there is everything from beachfront condos to luxury family homes on the Bay. Many new developers are in the process of constructing new condo buildings throughout Miami-Dade County. Whether you want a family home, a second home, or a rental property, you can find it all in Miami.

Excellent Climate

One of the best parts about living in Miami is the amazing weather. The climate of Miami is considered tropical. There, the region enjoys pleasant and sunny winters and summer months bring more heat and humidity.

On average, temperature ranges from 20 °C (68 °F) in January to 29 °C (84 °F) in July and August. As a result, visitors and residents can enjoy the miles of Miami’s incredible beaches all year round. Plus, there are wonderful restaurants and international cuisine so that everyone can find something they enjoy.

Similarly, there is world-class shopping so that fashionistas will be able to find the latest styles. Miami is a wonderful place to live. The area’s excellent weather creates an ideal location to enjoy a luxury outdoor lifestyle.

One Metropica Residential – Penthouse

One Metropica, designed by the famous YOO Design Studio by Philippe Starck and John Hitchcox based in London. They have already developed projects in more than 52 countries around the world. The developer, Mr. Joseph Kavana, has owned the land for over 25 years and has a great track record in construction with projects in the USA (YOO on the Park, Atlanta) and South America (YOO Punta del Este, Uruguay; Nordelta, Buenos Aires, Argentina).

TOP TIER ONE architectural design: world-class London – based interior designer YOO Studio (Echo Brickell and Icon Brickell, Miami, FL USA, Dihanie, Moscow Russia, Aqua Boracay, Boracay Philippines, Dwell95 in New York USA, YOO Pune in India, The Lakes by YOO in Gloucestershire UK, etc) and star architect Chad Oppenheim (Net Metropolis, Manila, Philippines, Marina Beach Towers, Dubai, United Arab Emirates, Ilona, Miami Beach, FL USA, Dune, Harbor Island, Bahamas).

INCOMPARABLE LOCATION: METROPICA is centrally located in West Broward County, adjacent to the world renowned Sawgrass Mills Mall (2.5 million sqft of shopping with 23 million visitors per year) and to the concert arena BB&T Center (3 million attendees to events per year), at the very heart of the Sawgrass Shopping and Entertainment District; in a traffic congestion-free neighborhood at a crossroads for international trade with easy access to major employment centers (with top local, regional, national and international corporations such as Microsoft, Citrix, Magic Leap, Motorola Solutions, Ultimate Software, HBO Latin America, American Express, etc.) and key transportation routes, just a few minutes from South Florida’s major highways, including I-75, I-95, I-595 and the Florida Turnpike, 15 minutes away from Fort Lauderdale International Airport (one of the fastest growing airports in the USA – 26.9 million passengers in 2015) and 35 minutes away from Miami International Airport (2nd airport in the US for international travel – 44.3 million passengers in 2015), 30 minutes from Port Everglades, Florida’s #1 container cargo port and one of the top 3 passenger cruise ports in the world, 30 minutes from the pristine beaches of Boca Raton, Fort Lauderdale or Hollywood

Product appealing to different demographics: young couples, empty nesters, snowbirds, retirees, local/national and international investors.

Our 3 bed/3.5 bath Penthouse collection is loft-style and out of the initial 10, there are 6 Penthouses left between 1,700 sqft – 2,250 sqft ( 160m² – 227m² ) in the $1.4 million – $2 million price range.

Amenities:

  • 1 assigned parking/ unit, with the option of purchasing an additional parking spot at $35,000
  • Residences can be rented out up to 4 times a year for a minimum of 3 months.
  • The HOA (Home Owners Association) includes water, sewer,  garbage, structural insurance for the building, access and maintenance of all common areas, access to high-speed wifi in all common areas, basic cable & internet package, 24/7 security,  management, and concierge services, butler.
  • Construction has completed, we are now delivering the residences to their owners.

We are offering a TRY BEFORE YOU BUY Program:

  • 10% as a credit at closing
  • 3% will be reimbursed by the developer at the end of the first year to cover 12 months of HOA and the property tax
  • 3% will be reimbursed by the developer at the end of the second year to cover 12 months of HOA and the property tax We are currently offering an 8% Guaranteed Return Program per year for 2 years on specific lines: 02, 07, 08, and 11. It will be covered by the developer as follows: 
  • 10% as a credit at closing
  • 3% will be reimbursed by the developer at the end of the first year to cover 12 months of HOA and the property tax
  • 3% will be reimbursed by the developer at the end of the second year to cover 12 months of HOA and the property tax
  • For those out-of-country clients who travel to see the project and end up buying at Metropica, the developer will reimburse up to $3,000 for travel expenses. 

Contact us today to see how we can add value to your real estate needs 305.979.7650

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