18501 Collins Ave , Sunny Isles Beach
Construction is completed and buyers have already started closing on their residences! 54-stories and 154 units are awaiting new owners.
The luxury condo tower has been in the works for at least five years, and had an estimated sellout of nearly $1 billion, according to documents filed with the New York Attorney General’s Real Estate Finance Bureau in 2015 for the project’s registration in New York.
Records show five condo sales have been recorded , ranging in price from $3.9 million to $5.8 million.
Soffer financed construction of the oceanfront tower with a $259 million construction loan from Bank OZK in 2017, a year after breaking ground on the tower.
The building has 70,000 square feet of amenities on six floors, a sky club with two swimming pools and two spas, a fitness and spa level, and a dining level. Units range from 2,750 square feet to 10,000 square feet, with three, four, five, and six-bedroom floor plans that extend over two and three levels. Asking prices went up to $35 million.
Contact Andrey 786-942-0502 for best deals direct from Jeffrey Soffer !!