MIAMI JULY CALENDAR OF UNIQUE EVENTS
Hello Readers,
Wishing you a Happy 4th of July !
This month I will be a speaker on a panel for the The Asian Real Estate Association of America (AREAA ). My esteemed colleagues, Richard Silver - Sotheby's Toronto and Kevin Brown - Sotheby's NYC will be joining me on the panel. While in California, I plan to visit our affiliate offices and network with my associates. Of course, I'll be bringing brochures and presenting my listings.
If you're in Miami this summer, make sure to take advantage of Miami Spa Month. Miami Spa Month is an annual event where top-notch resort and hotel spas offer spa treatments from $109 to $159 during the months of July and August. Please see the events section for more details.
On the real estate front:
Miami Agent Magazine reports that Miami was ranked the eighth best large city in the United States, according to a recent study by Resonance Consultancy.
Total Miami luxury home sales rose 24.1 percent year-over-year in May as existing condominium sales rose for the second consecutive month, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
"Miami real estate luxury sales continue trending upward," MIAMI Chairman of the Board George C. Jalil said. "Strong pent-up demand for $1 million-and-above Miami properties, sellers becoming more reasonable with their prices and the federal tax reform leading more home buyers from high-taxed northern states to purchase in Florida, which has no state income tax, are several key factors."
Miami's Cash Buyers Represent almost Double the National Figure. Miami's high percentage of cash sales reflects South Florida's ability to attract a diverse number of international home buyers, who tend to purchase properties in all cash.
I wish you a wonderful month of July.
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FEATURED LISTINGS
 TURNBERRY OCEAN COLONY
SUNNY ISLES BEACH
3BD/4.5BA | 2,775 SF | Direct Ocean & Intracoastal | $2,595,000
Gorgeous, sunny SE direct ocean and bay views from this corner unit. Designer finished and furnished. Huge wrap-around 10' deep terrace. Spacious layout, eat-in kitchen, private elevator, Gaggenau appliances, marble counters, steam showers, and more. 160' of oceanfront in the country club on the ocean. 2 pools, beach service, restaurant, bar, hotel-style spa, full gym with classes, concierge, valet, kids club and 5-star service. Private dinners and functions.
3BD/3.5BA | 3,110 SF |
Intracoastal Views |
$3,250,000
Spectacular residence completely designer remodeled & furnished. Huge wrap-around balcony, Italian Porcelain Carrera floors, Italian cabinets, quartz counter tops, Miele appliances, wine cooler, electric storm shutters. Italian bathroom vanities & plumbing fixtures. Prestigious Palace of Bal Harbour situated directly on the ocean. Services include: beach/pool service, Resistant gym and spa, valet, & concierge. Walk to Bal Harbour shops and houses of worship.
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FEATURED DEVELOPMENT OF THE MONTH
The Ritz-Carlton Residences Sunny Isles Beach
15701 Collins Avenue, Sunny Isles Beach, FL
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DEVELOPER: Fortune Int'l Group & Château Group
ARCHITECT: Arquitectonica
INTERIOR DESIGNER: Michele Bönan
# OF FLOORS: 52
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# OF UNITS: 212
SQUARE FEET RANGE: 1,605 - 6,320
PRICE RANGE: +$2,500,000
COMPLETION DATE: Fall 2018
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Designed by world-renowned architectural firm Arquitectonica and featuring stunning interiors by Italian designer Michele Bönan, the 52-story condominium tower will be comprised of 212 residences, located on 250 linear feet of pristine beachfront amid 2.2 acres of lush landscaping by Arquitectonica GEO. Upon completion in 2018, The Ritz-Carlton Hotel Co. will manage the property, providing residents with the legendary service, quality and personal touch synonymous with The Ritz-Carlton® brand.
The top floors of the property will be home to the most elegant and spacious penthouses in Sunny Isles Beach and include an expansive terrace, summer kitchen, private garden, and an infinity pool ideal for outdoor entertaining. In December 2015, The Residences set a record for Sunny Isles Beach when a full-floor penthouse on the 51st floor sold for $21 million.
Please contact me for additional details.
Joelle Oiknine (305) 491-1885 joellerealtor@gmail.com
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FEATURED ARTICLES OF THE MONTH
The Lincoln Eatery, Miami Beach
By Katherine Kallergis
The Real Deal
June 26, 2018
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Terranova Corp. unveiled a roster of tenants to open at The Lincoln Eatery, a food hall planned for Lincoln Lane in Miami Beach.
The 9,600-square-foot hall, at 723 North Lincoln Lane, is set to open in December, according to a spokesperson. Tenants include Necessary Purveyor, a sandwich shop with 136 square feet; Fresh Garden Bowls with 191 square feet; Chill'N nitrogen ice cream with 300 square feet; Marble & Rye, a 123-square-foot modern New York-style deli; TYO Sushi, with 112 square feet; Toast & More, a 141-square-foot french bakery; and Gotam Pizza and Gotam Chimney Cakes with 385 square feet.
The food hall will feature 16 food and beverage vendors and seating for more than 200. Terranova plans to open a rooftop terrace at the building in 2019.
The Lincoln Eatery will join a handful of food halls that have opened recently in South Florida, including St. Roch Market in the Miami Design District, La Centrale at Brickell City Centre and Casa Tua food hall at Saks Fifth Avenue, also at Brickell City Centre.
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Who knew Diddy loved art
this much?
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Grammy award-winning hip-hop producer and rapper Sean "Diddy" Combs has been revealed to be the buyer of Kerry James Marshall's monumental painting Past Times (1997), which sold for $21.1 million at Sotheby's on Tuesday. The result is a world auction record for the artist, and is thought to be the highest price ever paid for an artwork by a living African-American artist.
Jack Shainman-Marshall's long-time gallerist-confirmed the identity of the winning bidder in an article published by the New York Times. "I know that this work has found a home in a collection with purpose and an eye towards preserving legacy," the dealer said. On Friday morning, the gallery congratulated Marshall on Twitter "for making history" and Diddy "for an amazing acquisition."
Speaking to the Times, Shainman said that Diddy was first introduced to Marshall's work by fellow hip-hop producer and art collector Kaseem "Swizz Beatz" Dean. And Diddy reportedly viewed the work at Sotheby's New York headquarters ahead of Tuesday night's auction.
The record price comes amid significant market interest in the artist's work. Marshall views himself as an artist who has dedicated his career to introducing images of people of color into museums and the history of art. His work mimics historic Impressionist painters such as Manet and Seurat though his renditions focus on representations of African Americans.
Building on his record price, Marshall's Untitled (Blanket Couple) (2014) sold at Phillips for $4.3 million on Thursday, cementing his place in the top-end of the auction market.
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View Calendar of Events in the following Areas:
MIAMI JULY EVENTS
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Miami Spa Month is an annual event where top-notch resort and hotel spas offer spa treatments from $109 to $159 during the months of July and August.
See list of participating spas, select your spa and check out their rejuvenating special treatments for as low as $109.
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4th
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BLACK POINT PARK AND MARINA 4TH OF JULY SPECTACLE
Have a boat? You can watch the fireworks from it! At Black Point Park & Marina, the largest marina in Miami-Dade County, spend July 4th on the water or exploring the park. Grab food & drinks right on the water at Black Point Ocean Grill, & stay for the fireworks show at 9 pm.
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PICNIC AND FIREWORKS AT REGATTA PARK
Pack a picnic, bring your blankets and chairs for a spectacular evening from 6 pm to 9 pm at Coconut Grove. This year with live Spam Allstar music!
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MIAMI BEACH FIRE ON THE FOURTH FESTIVAL
Enjoy the Miami Beach Fire on the Fourth Festival from 9 am to 10 pm with a
spectacular fireworks show at 9 pm.
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RACE TO THE 4TH
Fireworks will light up the sky at Homestead-Miami Speedway this Fourth of July, as the "Race to the 4th" Independence Day Bash, returns for the ninth consecutive year.
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THE BARNACLE OLD FASHIONED 4TH OF JULY PICNIC
This Independence Day, head to The Barnacle Historic State Park, in Coconut Grove, for an old-fashioned family picnic! Happening from 11 a.m. to 4 p.m., bring a homemade picnic basket or buy burgers and hot dogs from The Barnacle Society.
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14th
OVERTOWN MUSIC AND ARTS FESTIVAL (OMAF)
This annual festival is meant for festival goers of any age. It is held in the historic Overtown district of Miami on Saturday, July 14, 2018 (11am-7pm)
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26th
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FOOD TRUCK AND MUSIC FESTIVAL
A wonderful place to enjoy live entertainment and cuisine from around the world. Activations include over 15 notable food trucks, street performances, live music, and theatre entertainment. From 5pm to 10pm at the North Beach Bandshell.
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"Working with Joelle was an absolute pleasure. We bought and sold one unit in six months for a substantial gain, Then repurchased a newer, better "off market" unit. She is tenacious and honest and has the utmost integrity.
The key is to trust their ways and it will all come together. She knows the market well and is "in the know" of deals happening. The people that make up this business are hard working and accurate.
I chose Joelle for all these reasons and is my realtor I will continue to use in the future."
- Gary, Los Angeles, CA / The Setai
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