All booked up at Disney fund’s condo foray, Palau

TRD MIAMI /
May.May 02, 2013 04:00 PM

While South American investors continue to dominate South Florida’s high-end, pre-construction market, some 90 percent of the reservations for Palau, a 45-unit South Beach condo building being developed by a fund of family of late Disney executive Roy Disney, have been secured by U.S. citizens, according to sales manager Douglas Elliman.

Miami architect Kobi Karp’s design of the four-story building, where units sell between $500,000 and $2.5 million, replete with panaromic views from rooftop terraces and a suspended glass fitness center overlooking the “secret garden,” is meant to emphasize the bright flight and tropical flora of the natural environment.

A quick jaunt from Miami Beach’s primary shopping on Lincoln Road, Ann Nortmann of Douglas Elliman said buyers were drawn to an increasingly urbane section of the city. “The location is appealing to locals and domestic buyers because Sunset Harbour provides a lifestyle similar to New York City,” she said. –Emily Schmall


Related Articles

arrow_forward_ios
From left: Mick Duchon, Eloy Carmenate, Tara West, Alex Sapir, Oren Alexander, Jay Philip Parker, Dean Bloch

Movers & Shakers: Sapir announces sales team for Surfside project, Franklin Street taps retail head & more

Jay Parker and a rendering of CocoWalk

Douglas Elliman, Bluemercury among new tenants at CocoWalk

Howard Lorber and Barry Zubrow with unit 1601 at The Bristol (Credit: Getty Images)

Howard Lorber flips condo at the Bristol to investment banker Barry Zubrow

Nirka Burns Padilla and Martin Conroy 

Movers & Shakers: Palm Beach broker leaves William Raveis for Douglas Elliman & more

South Florida skyline (Credit: iStock)

Resi sales rise throughout South Florida in Q4: Elliman

(Credit: Redwood Media Group)

Developers and brokerages are getting creative for Art Basel

Karen Elmir, Camilo Franco, and Caitlyn Henderson

Movers & Shakers: Elmir Group launches CRE division, Pablo Alfaro team grows

Rendering of Arte by Antonio Citterio, Jay Parker and Alex Sapir (Credit: Blackhaus)

Elliman taking over sales of Alex Sapir’s Arte project in Surfside

arrow_forward_ios
Loading...