Tuesday, October 29, 2013

Opportunity Fund Proposes New Boutique Condo Project In Miami Beach


Rendering of planned Ritz Carlton Residences Miami Beach

MIAMI, FL -- As the South Florida housing market increasingly rebounds from the real estate crash of 2007, an opportunity fund with ties to New York City is proposing a new seven-story condo project less than a mile away from the planned Ritz-Carlton Residences going up in the barrier island city of Miami Beach, according to a new report from CondoVultures.com.

Daniel Lebensohn
The boutique project's developer - an entity controlled by BH3 Development with Daniel Lebensohn - plans to build 65-units on a portion of a 2.3-acre site that currently houses Talmudic University in the 4000 block of Alton Road and the Julia Tuttle Causeway in Miami Beach, according to city of Miami Beach and Miami-Dade Property Appraiser records.

The Ritz-Carlon Residences Miami Beach is slated to be developed in the 4800 block of Alton Road in Miami Beach, according to South Florida Business Journal.

In Miami Beach, a combination of domestic and international developers - in unrelated projects - are now proposing to construct at least 20 new towers with more than 1,125 condo units in the barrier island city that is comprised of the neighborhoods of South Beach, Middle Beach, and North Beach as of October 23, 2013, according to the Preconstruction Condo Projects Database™ compiled by the licensed Florida brokerage CVR Realty™.

Talmudic University, Miami Beach, FL
Overall in South Florida, at least 173 new condo towers with more than 22,600 units are proposed, planned, under construction, or recently completed in the tricounty South Florida region of Miami-Dade, Broward, and Palm Beach as of October 23, 2013, according to the Preconstruction Condo Projects Database™ compiled by the licensed Florida brokerage CVR Realty™.

For a complete copy of the company’s news release, please contact:

Condo Vultures® LLC
225 Midtown Building
225 NE 34th St.
 Suite 209B,
Downtown Miami, Florida, 33137
 800-750-0517.


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