Mar ‘24 - Major Companies Securing Key Commercial Leases In Miami Beach

Hello Friends! This year's March is certainly getting a new marketing facelift. If you've been online, it's hard to miss the concept of "demarketing" Miami Beach as a Spring Break destination. You may have seen some of these ads where it specifically statess, "It's not us, it's you. We clearly want different things." A message to share the locals aren't seeking the rowdy spring breakers. Luckily Miami Beach has so much to offer beyond the spring breaker crowd. As Miami Beach can be crowned as a leisure destination, some of the latest blue chip tenants in commercial buildings are gaining some attention as well. Luxury watch brand Audemars Piguet signs a lease at the one of a kind Eighteen Sunset in Sunset Harbour. With 40,000 SF of Class A office space, this mixed use building will have retail on the ground floor, office space, and a penthouse with a roof top deck. New York based hedge fund J Goldman & Co just locked in one of Miami Beach's most expensive lease to be expected to come onto market. Located in the South of Fifth district, the Class A office building is expected to have five floors encompassing a total of 60,000 SF at an average rent of $170/SF. As more companies continue to open office spaces in Miami, the market continues to point towards an optimistic future. -Thanks for Linking Up with Lily-

🏡 FOR SALE 🏡

Miami Beach 4812 Pine Tree Drive, Unit 207 List Price: $360,000

Welcome to Pine Tree Condo Place. A charming 3 story Spanish building, located on the prestigious Pine Tree Drive. You'll be greeted with an archway entrance and a cozy courtyard with lush landscaping, allowing natural light flow into each unit. Follow the beautifully tiled stairway, which will guide you to unit located on the 2nd floor. This sun-kissed unit offers 1 Bed, 1 Bath + den. The living room seamlessly blends with the flexible den. Kitchen features white granite countertops, stainless steel appliances including a gas stove and washer & dryer. Plenty of storage available with linen closet and walk in closet from suite. Amenities include storage for your kayak/paddle board, swimming pool overlooking the tranquil canal, shaded social area, outdoor grilling, and 1 assigned parking.

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📰 Miami in the News 📰

Ken Griffin's Citadel Headquarter is beginning to take shape Read Here

🔦 Hospitality Highlight 🔦

Wind Addict: Kiteboarding School (Pictured here: Before I hit the water with my super cool polarized sunglasses 😎 check out the kites in the back that's set up for the riders) Let me introduce you to Wind Addict, a full service kiteboarding school with IKO certified instructors. This past weekend, I had the chance to experience my third lesson with them and they really deserve a shout out. Taking off from the Rickenbacker Causeway, the crew will take you out into Stiltesville to provide a safe setting for beginners. With water that reaches hip length, this helps create the perfect atmosphere for intermediate level learners. The instructors will teach you about kite control, increase your knowledge about the equipment and how to read the atmosphere and conditions of the wind. They provide you with all the gear (excluding wetsuits) and radio headset so you're in constant communication with your instructor. This experience has unlocked a whole new part of the Miami, but also the world. I hope to see you out there in the water 🤙🏼 Kiteboarding Lessons

🎟 Local Happenings 🎟

March 17 - 31 Miami Open 2024 Held at the Hard Rock Stadium, this eventful series will leave something to do for everyone as special activities have been curated around the games. Book a single day, group, or even duration packages to watch some of the most competitive matches this year. Miami Beach Convention Center

March 22 - 24 ULTRA Music Festival Get ready for an electric music dance festival coming to Biscayne Boulevard. Returning for the 23rd time, the festival is now SOLD OUT. Featuring world class DJs from Tiesto to Calvin Harris, this will be another festival drawing thousands of attendees from all across the world.

This Month Home Inspiration Art Deco Light Fixtures Lily's Pinterest Inspo

🏗 New Development Spotlight 🏗

Ora by Casa Tua Building Highlights - Soaring 76 Stories high - Each unit will be delivered turn key from studio to four bedroom - 10ft height ceilings heights with floor to ceiling windows - Panoramic views of Brickell, Biscayne Bay and Coconut Grove - Developers: Fortune International Group - Architecture: Arquitectonica - Landscape Architecture: Arquitectonicageo - Interior Designer: m2 Atelier - Brand: Casa Tua - Minimum 3 Day Rental Restriction with dedicated on site operator (short-term rentals are welcome) - Studios (487 sf) to Four Bedrooms (2,302 SF) Amenities Include: - Three exceptional dining options, a 24 hour gourmet marketplace, and dedicated rooftop owner's lounge called Vento - Bosco: A 40 foot sky park, soaring 500 ft high. An ideal place for tranquility and for fitness activities for performance focused programs. - State of the art fitness and wellness center. Juice bars, co-ed steam and saunas, and offering indoor and outdoor work out areas - Social Lounge: Equipped with working lounges both indoor and outdoor, private meeting spaces, reading library, and open workspaces. - Resort style pool with cabanas and food and beverage service. Offers towel and chair service. I'd Like to Know More

Have a question on real estate? Reach out to chat!

Lily Choi Real Estate Advisor M: 213.284.5954 lily.choi@compass.com

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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