Contact Us
How Can We Help You?

Please, leave us your message.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Two rental towers coming up in Sunny Isles.

Cashflow In Miami
January 31, 2021

100 Kings Point Drive , Sunny Isles Beach

$97 million financing was obtained for the construction of the two rental towers and a parking garage. The financing will be used to develop two 17-story, 128-unit residential towers – Las Marinas Apartments – next to an existing 336-unit, 16-story rental tower, Marina del Mar. The proceeds of the loan also cover construction of an 8-story, 860-space structured parking garage and new seawall.

The Brunetti Organization, a privately owned real estate investment and development firm got the loan.
A life company provided the 15-year, fixed-rate permanent construction loan with five years interest only.
Located at 100 Kings Point Drive in Sunny Isles Beach, the Las Marinas development is on an 8.6-acre site surrounded by the Intracoastal Waterway. The existing residential tower, Marina del Mar, was constructed in 1962. The first phase will involve upgrades to the existing tower, and construction of the parking garage and a seawall for each new apartment tower. Construction on the towers, slated to begin in July 2020 will take a total of 24 months. The towers will offer high-end finishes, an unparalleled amenity package, and walkable access to the beach coupled with Intracoastal views.


Latest Posts

Read More

New 12+ acre development in Delray Beach!

Dallas-based Trinsic Residential wants to rezone the property from “mixed industrial and commercial” to “special activities district.” This would permit 292 multifamily units and 2,000 square feet of commercial space.

Read more
Read More

Large development coming to Delray Beach!

The builder, Dallas-based Trinsic Residential Group, also obtained approval to erect four of the six buildings at a height of 55 feet, seven feet higher than what is permitted. The remaining two buildings will be 35 feet tall.

Read more
Read More

Beachside residences coming soon!

Beachside Residences brings a new brand of modern elegance and luxury living to Hollywood Beach. This boutique condominium of just 36 units features a minimalistic design and breathtaking views of the Atlantic Ocean and the Intracoastal Waterway.

Read more
Read More

Bentley Tower finally announced by Dezer Development!

We have been writing about this future project for a while now, its offically out in the press! It will be the highest tower in Sunny Isles Beach reaching 749-feet with more than 60-stories!

Read more
Read More

Estates of Acqualina announces release of the $59,000,000 penthouse!!

Miami’s most exquisite living experience awaits at The Estates at Acqualina, a dazzling collection of curated homes managed by Acqualina Resort & Residences, ranked by TripAdvisor as the number one luxury beachfront resort in the continental U.S.

Read more
Read More

Terra is doing big things!

16000 Pines Market is a 135,000 sq.ft. mixed-use village center that will include an upscale mix of retail, restaurant, post office and office with connectivity to 122 new urban chic design single family homes, integrated into one of Southwest Florida’s most prominent intersections at Pines Blvd and Dykes Rd, (Signalized Intersection) in beautiful western Pembroke Pines.

Read more