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
Key Biscayne

Key Biscayne voters approve $100M bond tied to climate change

Key Biscayne voters approve $100M bond tied to climate change
Alfonso Munk and 100 Island Drive (Linkedin, Realtor)

Hines exec buys Key Biscayne mansion for $7M

Hines exec buys Key Biscayne mansion for $7M
Richard Swerdlow and Bruce Goldstein 

Betting on distress: Bulk condo website launches, aimed at investors

Betting on distress: Bulk condo website launches, aimed at investors
460 N Mashta Drive & David Siddons of Douglas Elliman

Brazilian family sells waterfront Key Biscayne mansion for $13M

Brazilian family sells waterfront Key Biscayne mansion for $13M
Platinum Equity's Johnny O. Lopez and 7 Harbour Point, Key Biscayne (Realtor)

Platinum Equity founding partner sells Key Biscayne waterfront mansion for $16M

Platinum Equity founding partner sells Key Biscayne waterfront mansion for $16M
Leonard Boord & Phillip M. Jaffe & Ocean Tower Two in Key Biscayne (Credit: Google Maps)

Cryptocurrency exec sells oceanfront Key Biscayne condo for $6M

Cryptocurrency exec sells oceanfront Key Biscayne condo for $6M
A map of Miami condo sales and Ocean Tower Two (Credit: Google Maps)

Miami condo sales decline going into October

Miami condo sales decline going into October
Nick Pérez and Solemar (Courtesy of Related)

Related Group launches sales of first SoFla condo project since 2016

Related Group launches sales of first SoFla condo project since 2016
arrow_forward_ios

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

Loading...