Downtown Miami Luxury Condos from $153,900
Greene here from Condo Hotel Center. Today
I’ll be talking about a property in my own backyard,
downtown Miami. Although this is a new
property, I have some personal history with it,
going back about 25 years. (When did I get so old?)
Early in my real estate career, I visited what had
downtown Miami, Everglades Hotel. I was trying
to get information for a buyer who loved massive
renovation projects. Built in 1925, this
former grand dame of a property fit the bill to a
As I recall, it was an old relic of a hotel, boarded
up, with broken windows, beer bottles lying around
and chunks of the floor were missing. The
doors were chained shut to keep out bums and other
unsavory types. It looked like it had been vacant
for decades. The old hotel was in such bad
shape, my buyer felt it was beyond renovation and
decided to pass on it.
Hotel Sat on Prime Real Estate
Everyone knew the old Everglades Hotel should have
been torn down. But that wouldn’t happen for
about 15 years. During that time though, the area
surrounding the hotel improved. A lot.
Downtown Miami grew up and became a thriving
business center with numerous companies opening
offices and a surge in new commercial,
retail and residential
In January 2005, a developer with a vision for the
future finally demolished and imploded the old
Everglades Hotel to make room for two new,
ultra-contemporary towers. They would
primarily be residential condos but with a retail
Vizcayne sits on the site
of the old Everglades Hotel, imploded in 2005.
The timing for a new residential development wasn’t
the best, as I’ll explain later, but the towers were
built and, after the property changed hands a few
times and was renamed Vizcayne, the condos are
The sales and marketing campaign for
Vizcayne will be kicked off in a couple of weeks, so
you have the opportunity to get in early on this
project, before sales take off and prices start
now, after about 25 years, I’ve come full circle.
I finally get a second shot at selling the property
on the site of the old Everglades Hotel. Read
on for more details.
Vizcayne is a $450 million
Contemporary Towers on Miami’s Skyline
Vizcayne consists of twin 49-story towers
overlooking downtown Miami. It is a mixed-use
development that includes condos, as well as a
ground-level promenade of upscale shops and
Besides its great downtown location, this property
has a lot to offer. The mix of available
condominiums includes luxurious penthouse units,
residences, flats and lofts with prices starting at
just $153,900, surprisingly affordable for a
property of this quality.
Vizcayne's two towers
contain 849 condos plus upscale shops & restaurants.
Vizcayne is a $450 million development. The
buildings have a contemporary style with elegant
limestone and granite facades and blue/green glass.
In addition to 849 condos, the development includes
58,000 square feet of retail space that is
accessible via a walkway that runs through the
center of the building, creating a
pedestrian-friendly environment on the ground floor
with high-end shops, restaurants and services open
to the public.
Fully Loaded – Amenities & Services
Vizcayne has an impressive array of amenities
including four swimming pools, an outdoor bar, a
jogging track and a private Residents’ Club. Other
first-class features are:
15,000 sq. ft., private treatment rooms
Sauna, steam room, plunging pool
Exercise areas for yoga, aerobics, etc.
Private residence lounge
Multi-functional party room with kitchen
Billiards and library room
Theater for private showings
Two lagoon-style tropical swimming pools
One lap pool and one quiet pool
Bar overlooking the bay
Tiki bar in pool area with grill
The condos are spacious and
offer magnificent views of the city and Biscayne
Additionally, Vizcayne includes many services for
24/7 attended lobby for each tower
24-hour valet parking
“Smart building” communications system
The kitchens feature
Italian cabinetry and granite countertops.
Aah, the Views & More
Vizcayne, by virtue of its design and height, is
already an icon on Miami’s skyline. Distinctive and
architectural design is by Miami’s
The view to the east from
Vizcayne is of beautiful Biscayne Bay.
The property is situated in a prime location along
Biscayne Boulevard, which offers convenience to both
the Brickell Financial District and to the Arts
Residents of the towers enjoy panoramic
views of the city lights and brilliant sunsets as
well as beautiful Biscayne Bay,
the Port of Miami, Bayfront Park and Bayside
Vizcayne, located just
above the white American Airlines Arena (center), is
near Miami's best attractions.
It’s only a minute’s drive to major arteries such as
I-95, and to the Port of Miami, Miami International
Airport and the beaches. The location is
within a couple miles of Miami’s best attractions:
The Adrienne Arsht Center for the Performing
– Florida’s largest performing arts center, home
of the Florida Grand Opera and Miami City
American Airlines Arena
– Home to the Miami HEAT and the “Big Three:”
LeBron James, Chris Bosh and Dwayne Wade. As
Florida’s largest arena, it offers top shows and
concerts all year.
Bayside Marketplace –
Bayside Marketplace is known for the best food,
fun, and shopping Miami has to offer, attracting
nearly 12 million people per year.
Bayfront Park –
32 acres of lush greenery on Biscayne Bay, plus
an amphitheater, large pavilion, small sand
beach, tropical rock garden and waterfall, a
cascading fountain, a Light Tower, and many
different monuments commemorating events and
people throughout history.
– A 29-acre park with an event capacity of
45,000 for outdoor events like the Lollapalooza
Music Festival and the Grand Chapiteau of Cirque
– A 1925 landmark building that serves as a
cultural and educational center memorializing
Cuban immigration to the United States.
Miami Design District
– The Design District is home to over 130 art
galleries, showrooms, creative services, stores,
antiques dealers, eateries and bars.
– A local attraction with animals and shows,
also a popular venue for weddings, birthday
parties and corporate events.
How Vizcayne Came to Be
I mentioned early on that the timing for building
Vizcayne wasn’t great. Originally known as
Everglades on the Bay, the Miami condo project
opened in 2008. It soon fell victim to the bad
real estate market, as did so many other South
Florida properties. Project developer Cabi
Downtown LLC went bankrupt, defaulted on the loan,
and the property went to its lenders, a syndicate of
banks led by Bank of America.
In November 2010, Rockwood Capital, a $4 billion
private real estate investment firm, along with
partners Duncan Hillsley Capital and Fortune Capital
Management Services, purchased Everglades on the
The new owners invested millions of dollars on
completing and upgrading the property. They renamed
it Vizcayne, and very shortly, they will re-launch
sales with a massive advertising and marketing
campaign. And that’s where we are today.
Prices for the condos at
Vizcayne start at just $153,900.
What’s Available at Vizcayne
At Vizcayne the 849 condominium residences, flats
and lofts are spread between the two buildings: 409
units in the North Tower and 440 in the South Tower.
Buyers have the choice of ready-to-occupy units or
investment units, which come with tenants.
Closings on the condos can
take place in as little as 30 days.
Floors 2-7 are flats and lofts, and floors 8-49 are
units range in size from flats at 563 sq. ft. to
two-bedroom-plus-den residences at 1,970 sq. ft.
Prices range from $153,900 to $717,900. There
are also some beautiful penthouse units from about
$1,100,000 to $1,850,000. Specific details
available upon request.
Request the free Vizcayne
Data Sheet for unit prices, sizes, fees and other
If you want more information, I’ve got plenty.
Request our Vizcayne Data Sheet below. You’ll
just need to provide your full name and contact
information per the developer’s requirements and it
will be sent to you immediately.
Please send me the Vizcayne Data Sheet
Miami Heating Up
It’s exciting watching the real estate opportunities
unfold in downtown Miami. The real estate
market is heating up. With favorable pricing,
properties are selling again.
We see developments having close-outs, so you can be
sure that today’s opportunities won’t last forever.
If you’ve ever dreamed of a home in the sunshine
state, this is your time.
Downtown Miami has become
one of South Florida's most desirable residential
Thank you for your interest in the properties we
showcase at Condo Hotel Center and also for
indulging me as I replay some of the memories from
my early days in real estate.
If I can answer any questions for you or take you to
visit any South Florida properties, please be in
Have a great day!
Licensed Real Estate Broker
Condo Hotel Center
1368 NW 165th Ave.
Pembroke Pines, FL 33028
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