South of Fifth’s Louver House condos launch sales

Miami /
Jan.January 15, 2015 12:00 PM

Louver House, a planned 12-unit building in the South of Fifth neighborhood on Miami Beach, launched sales Wednesday.

Mast Capital, the real estate investment firm developing the project, hired architect Rene Gonzalez to design the project. Louver House is located in an area known for its art deco and mid-century architecture.

“I wanted to develop a luxury residential building that is elegant, warm, and forward thinking,” Camilo Miguel Jr., CEO of Mast Capital, said in a statement. “Louver House presents a design without compromise that reflects the vibrancy and charm of Miami’s exclusive South of Fifth neighborhood.”

Units will range from 2,088 square feet to 2,432 square feet with prices ranging from $1.9 million to $3.6 million. One Sotheby’s is marketing and selling the boutique condos.

In October, Mast Capital bought nearly two acres at 4000 Alton Road, the current site of Talmudic University. The company also purchased a Coconut Grove office building for $29.5 million in April and a Key West multi-family community for $39.5 million in June.

Other developments South of Fifith include Aria Development Group’s 321 Ocean, Terra Group’s Glass at One Ocean Drive, and the Continuum Miami Beach, where units on the market range from nearly $28 million to just under $1 million.


Related Articles

arrow_forward_ios
(Photo Illustration by The Real Deal with Getty Images)
Want more South Florida land? Buy out your neighbors
Want more South Florida land? Buy out your neighbors
A photo illustration of 12203 Tillinghast Circle in Palm Beach Gardens (top) and 6300 North Bay Road in Miami Beach (Getty Images, Old Palm Golf Club, Coldwell Banker)
Flipping crazy: South Florida’s top resi flips of the year so far, ranked
Flipping crazy: South Florida’s top resi flips of the year so far, ranked
Ken Griffin in the center, with Brickell (right) and Palm Beach (below)
Ken Griffin’s Citadel comes to Brickell — and supercharges the market
Ken Griffin’s Citadel comes to Brickell — and supercharges the market
Companies principal Alan Macken with Koya Bay
Macken scores $16.5M construction loan for Koya Bay townhome development in North Miami Beach
Macken scores $16.5M construction loan for Koya Bay townhome development in North Miami Beach
Austin Rosen and 6417 Pine Tree Drive Circle (Zillow, Getty)
Hit repeat: Music exec Austin Rosen buys next-door waterfront Miami Beach home for $12.5M
Hit repeat: Music exec Austin Rosen buys next-door waterfront Miami Beach home for $12.5M
Frist Cressey Ventures Bryan Cressey with the property at 2315 S Ocean Blvd. in Palm Beach (Zillow, FCVentures, Illustration by Priyanka Modi for The Real Deal with Getty)
Venture capitalist sells oceanfront Palm Beach compound for $49M
Venture capitalist sells oceanfront Palm Beach compound for $49M
Clockwise from top left: One Sotheby’s Jorge Uribe, Compass' Ida Schwartz, Fortune International Group's Edgardo Defortuna and Royal Palm Companies' Dan Kodsi (Illustration by Kevin Rebong for The Real Deal)
Slowdown hits South Florida’s hot resi market: Here’s what that means
Slowdown hits South Florida’s hot resi market: Here’s what that means
12203 Tillinghast Circle (Illustrated Properties)
Palm Beach Gardens mansion flips for record $22.5M, doubling in price in a year
Palm Beach Gardens mansion flips for record $22.5M, doubling in price in a year
arrow_forward_ios

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

Loading...