Sales fly at Argentine real estate giant’s U.S. debut

Miami /
Jun.June 18, 2013 01:00 PM

UPDATED, 5:30 p.m., June 18: Oceana Key Biscayne, the first U.S. development of Argentine real estate mogul and art collector Eduardo Costantini, is more than 90-percent sold-out pre-construction, leaving only 1 penthouse and 6 villas on the market 10 months after sales opened, The Real Deal has learned.

Oceana, the first new development in Key Biscyane in nearly 13 years, is scheduled to receive its final touches in July.

When completed in 2014, the Bernardo Fort-Brescia of Arquitectonica-designed all-glass, 14-story double tower on a 10.3-acre site will constitute a gated community with 142 units and 500 feet of private beach.

Costantini, chairman of the Nordelta gated community outside Buenos Aires and the founder of the Argentine capital’s Malba art museum, may exhibit works from his private collection in the Yabu-Pusehlberg-designed lobby. The community will also feature a social lounge, restaurant, pools, cabanas, a tennis court and a putting green.

The 5,187-square-foot, two-story villas with private pools on expansive private lots will be open for viewings starting August 15. Work is underway at Oceana Bal Harbour, Costantini’s development company, Consultatio, confirmed. –Emily Schmall


Related Articles

arrow_forward_ios
Related Group’s Jorge Pérez and his Apogee Beach penthouse. (Related, Douglas Elliman)
Jorge Pérez sells Hollywood penthouse for $6M
Jorge Pérez sells Hollywood penthouse for $6M
500 South Mashta Drive, Key Biscayne (Google Maps)
Venezuelan oil magnate sells waterfront Key Biscayne mansion for $17M
Venezuelan oil magnate sells waterfront Key Biscayne mansion for $17M
Miami-Dade condo sales map and Oceana Key Biscayne (Google Maps)
$18M Key Biscayne penthouse leads weekly condo sales
$18M Key Biscayne penthouse leads weekly condo sales
(Google Maps)
Weekly condo sales and dollar volume drop in Miami-Dade
Weekly condo sales and dollar volume drop in Miami-Dade
Edward Rose and the unit (Douglas Elliman, iStock)
Maxim Group vice chairman buys Apogee condo
Maxim Group vice chairman buys Apogee condo
Lionel Messi and photos of the Regalia unit (Getty)
Goooooool: Lionel Messi’s family scores condo in Sunny Isles Beach
Goooooool: Lionel Messi’s family scores condo in Sunny Isles Beach
Ryan Shear and Michael Simkins (VC Consulting)
E11even condo tower planned for downtown Miami reaches 90% of units under contract in two months
E11even condo tower planned for downtown Miami reaches 90% of units under contract in two months
Cain International's Jonathan Goldstein, OKO Group's Vlad Doronin and the Brickell condo renderings. (Getty, OKO Group & Cain International)
Billionaire Vlad Doronin, partner score $128M construction loan for Brickell condo tower
Billionaire Vlad Doronin, partner score $128M construction loan for Brickell condo tower
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...