Mast Capital breaks ground on Louver House

Nearly a year after launching sales, Mast Capital has broken ground on Louver House, a 12-unit boutique condo development in the South of Fifth neighborhood in Miami Beach.

Architect Rene Gonzalez designed the property, which will include a health club with outdoor yoga area, pool deck, landscaped lounge area, rooftop terrace, sunken lobby gardens and electric car charging stations.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

The three-story condo has more than half of the 12 units under contract, according to a press release.

Units will range from 2,088 square feet to 2,432 square feet with prices that initially started at $1.9 million, and now start at $2.5 million, and go up to $3.9 million. ONE Sotheby’s International Realty is marketing and selling the boutique condos, at 311 Meridian Avenue.

Mast Capital is also developing a luxury condo project at 4000 Alton Road, for which the developer acquired the land in October 2014. There, Mast Capital, led by Camilo Miguel, plans to build an 88-foot tall, 162,395-square-foot transparent condominium designed by Ricardo Bofill Talier de Arquitectura, a Barcelona-based architecture firm. – Katherine Kallergis and Sean Stewart-Muniz