A boutique development in Bay Harbor Islands sold 17 percent of its units during December 2014 — all to Brazilian buyers.
Three of the Brazilian buyers were on a real estate buying trip and the remaining four signed on the spot, according to O Residences.
The waterfront residential project with 41 units offers buyers access to a range of boats allowing them to participate in recreational water activities, according to a news release.
S2 developers Claudio Stivelman and Marc Schmulian, said the location is key to the project’s success. Bay Harbor currently has more than 18 planned projects. — Katherine Kallergis