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Rosen Buys Unit 909 at Surf Club Four Seasons

If you have been paying attention to Andrew Rosen, co-founder and CEO of fashion retailer Theory, you might already know that he sold off his luxurious Miami Beach penthouse at Setai Miami Beach last year for a cool $8.5 million. We can now report that Rosen has officially chosen a new base with his recent purchase of an apartment located in the Four Seasons Residences at the Surf Club in Miami, Florida.

Based on insider information and property records, the fashion guru has paid $5.15 million for unit 909 in the south tower of the Four Seasons Residence. This property serves as a luxury condo and hotel based on a nine-acre area and found at 9191 Collins Avenue in Surfside. Rosen also owns a four-bedroom apartment in Manhattan, along with a residence in Southampton.

About Andrew Rosen

For those who are not familiar with Andrew Rosen, he founded the brand Theory back in 1997 with fashion designer Elie Tahari. In 2003, he sold the majority of his shares but retains 11% and continues to run the brand. He continues to have a strong relationship with Theory’s owner, Tadashi Yanai, who also owns J Brand and Uniqlo.

Rosen has since gone on to invest $10 million in emerging designers who include Rag & Bone, Proenza Schouler, and Alice + Olivia. He also has stakes in Gryphon, Aiko, and Kiki de Montparnasse.
Rosen’s Neighbors

In addition to Rosen, Surf Club Four Seasons has recently seen a purchase from another fashion Icon, Albert “Aldo” Bensadoun. Bensadoun is the founder of footwear company Aldo. He paid $10.25 million for his south tower unit 501.

Surf Club Four Seasons

The Surf Club is hardly new, even if its latest iteration is. Back in 1959, an advertisement for the club read “Spectacular is the word for The Surf Club.” The Surf Club opened back in 1930, founded by tire tycoon Harvey Firestone. It was a place for celebrity and excitement, a place where prohibition was might as well not have existed.

Moreover, that could have been the end until earlier this year, when the Surf Club opened again as a hotel, private club, and condominiums.

The Surf Club development has numerous amenities which include two restaurants, a private club, a gym, four swimming pools, numerous cabanas, a spa, adult quiet pool, water sports, and oceanside gardens. The property was designed by Pritzker Prize winner Richard Meier, and Kobi Karp.

Fort Partners development includes two residential towers, each 12 stories high. A 77-room hotel is also on the property. The price of units at Surf Club range from $3.7 million all the way up to $31 million with sizes ranging from 1,800 square feet all the way up to a spacious 7,000 square feet.

No specifics are known about Rosen’s particular unit, but marketing materials show that the condos come in blue, white, and moss green and include custom work by French interior designer, Joseph Dirand.

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Ex-Husband of Ex-Wife of Phil Collins Puts Sunset Islands Mansion on the Market

A luxurious waterfront mansion in Sunset Islands that has been in the middle of a genuinely messy divorce was just placed for sale at a cool $20 million. The divorce proceedings took place between Phil Collin’s ex-wife, Orianne Collins Mejjati Alami, and her ex-husband, Charles Fouad Mejjati Alami.

Messy Divorce Proceedings

Charles Fouad Mejjati Alami was the listed owner of this expansive home with almost 10,000 square feet of space. The mansion is located at 1525 West 24th Street in Miami Beach with a current asking price that averages out to a little over $2,000 a square foot.

It has been reported that Orianne Collins Mejjati Alami is now back together with Phil Collins. She filed for divorce from Charles Fouad Mejjati Alami back in early 2016 with a claim that she owned the home. She further explained that Charles Fouad Mejjati Alami was transferred the title of the beautiful home “through deceit and fraud upon the wife,” according to public court records. The divorced was initially completed in spring of 2017, with an amended final judgment in September.

Most of the court documents related to the messy proceedings are now sealed, but it was reported back in February that Orianne Collins Mejjati Alami was looking to nullify an older settlement agreement made out of court which placed the title for the Sunset Islands home with Charles Fouad Mejjati Alami, to begin with. She explained at the time that she had no memory of signing the property as she was on painkillers prescribed for a painful back operation.

Original Purchase of the Sunset Islands Home

A look at property records shows that in 2014, the mansion’s title was passed over to Charles Fouad Mejjati Alami. He and Orianne Collins Mejjati Alami purchased the property in 2012 for an estimated $8.4 million.

The extraordinary dwelling features seven bedrooms, eight full baths, and two half baths. It was built in 2005 and includes a two-level foyer with double grand staircase, fireplace, gourmet kitchen, formal dining room, breakfast room, maid’s quarters, and family room complete with wet bar. The master bedroom has two full baths along with his and hers closets with a full-length balcony that overlooks the water nearby.

On the nearly 10,000 square feet, there is also a rooftop terrace, two two-car garages, interior courtyard, private gym, home theater, elevator, clubroom, pool, and an exclusive boat dock. Many one of a kind features abounds in and on the property with custom Fendi design and amenities that discerning buyers will appreciate.

Phil Collin’s Property

As for ex-husband Phil Collins, he owns and lives in a property nearby. It is located at 5800 North Bay Road and is the former home of musician Jennifer Lopez. Collins bought the home in June of 2015 for about $33 million. The mansion includes seven bedrooms, eight full baths, three half baths, pool, jacuzzi, and more.

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Beach Club Hallandale Continues to Offer Luxurious Condos on the Water

Beach Club Hallandale is the tallest building to be found in Broward County and offers over 1,200 oceanfront condos in beautiful Southern Florida. The towers are located in between Fort Lauderdale and Miami Beach and are composed of Tower I, II, and III.

One of the most lauded features at Beach Club’s towers is the pool deck, which allows movement between all three towers. It features many pools, numerous hot tubs, and many outdoor areas to enjoy the sun and shade. In addition, you will find an outdoor restaurant to enjoy so you never need to step back inside.

For those who are interested in a vacation or getaway, Beach Club Hallandale offers short-term rentals of 30 days or more. You also acquire access to a two level fitness center that overlooks the water, along with both men’s and women’s spas.

Those who are searching for waterfront condos will be well matched with the condos available in Tower I. Current options range from a two-bedroom, one-bath dwelling of 1,086 square feet at just over $400,000 to a four-bedroom unit with four-baths and over 3,500 square feet to appreciate. The latter offers granite floors and an open living style. In addition, you’ll have a European kitchen and large balcony for enjoying the views.

Tower II also has openings available with one-bedroom one-bath condos, two-bedroom two bath units, and three-bedroom condos with various numbers of bathrooms. The crown jewel offered right now is unit 103 which has three bedrooms and four baths along with nearly 3,000 square feet of space. This particular townhouse has never been owned and includes a huge terrace with both a summer kitchen and bathroom. It also offers up numerous amenities, marble flooring, two ovens, and a wine refrigerator.

The final tower, Tower III, has a single one-bedroom unit for a price just above $450,000 and over 1,000 square feet of room. It offers an ocean front view and includes a den. You’ll also find an Italian bamboo kitchen and a washer and dryer provided. In addition to the single one-bedroom unit, numerous options are available for those who prefer a bit more space.

Beach Club Hallandale has consistent sales and has averaged 70 sales a year over the last two years. Part of the reason for that may lay in the fact that the area where the property is located is mere miles from places like the Gulfstream Racetrack and Gulfstream Park. Both the Bal Harbor and Aventura Mall are also close by with many great destinations in South Beach, Fort Lauderdale, and Sunny Isles Beach.

The towers exist among four acres of Hallandale Beach and you can expect beautiful landscaping to greet you at the two-story lobby. Amenities that residents can enjoy include redwood saunas, treatment rooms, full service restaurant, cardio theater, sun deck, and a cold plunge. One of the most consistently sold real estate properties in the area, it’s a place that is definitely worth an extra look.

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Miami Real Estate For Bitcoin?

Miami real estate for bitcoin

The cryptocurrency boom with dozens of digital currencies has exploded world-wide. Historians will call today’s cryptocurrency market the biggest BOOM ever. There are dozens of digital currencies and some have exploded as high as several thousand percent in just recent months! Even if you know nothing about cryptocurrencies, by now you’ve at least heard of it and wonder if you should invest in it. No wonder, just one cryptocurrency Bitcoin gained a lot of publicity after it turned many regular folks into millionaires, but there are Etherum, Sibcoin, Verge, Nexus, Litecoin, Bitcash, Digibyte, Stratis, Rubycoin, Monero, Decred, Ether, Golem, Gnosis and the list goes on. To make it even more confusing, each industry will likely have their own ctyptocurrency and specific platform it runs on. Enough to make you crazy, right?

The truth is, very few people understand it now, but those who understand are already making a fortune. Just Bitcoin alone had made a whopping 25,000 percent! Think about this – if you had bought $5 of Bitcoin 7 years ago, you would be $16.8 million richer today! But wait, there is more! Bitcoin had already reached $20,000 mark but the truth of the matter is, it’s just the beginning. It could reach $1 million by 2020. But how you may ask? Well, there are 15 million millionaires around the globe. It is likely that by 2020 most of their financial advisors will advise them to buy Bitcoin for some exposure. However, there’s only going to be 21 million Bitcoins minted ever in history. Do the math, even if they own 1 Bitcoin it is set to trade at very high numbers. In addition, Bitcoin could potentially replace all money transferring entities such as PayPal, Western Union, Moneygram etc., American Express, Visa, Master Card, etc. Some even talk about Bitcoin replacing all the currencies in the world!

What is Bitcoin? Bitcoin operates through a technology known as blockchain, which is an undeniably ingenious invention of our time – the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. It allows digital information to be distributed but not copied, thus blockchain technology created the backbone of a new type of internet. It was originally devised for the digital currency Bitcoin, but today it finds other potential uses for this technology, such as real estate blockchain. This technology uses a completely decentralized system, where a global network of computers uses blockchain technology to jointly manage the database that records Bitcoin transactions. Bitcoin is managed by its network, and not by any one central authority, so there is no Bitcoin headquarters, not even a Bitcoin server!

But how is it going to affect the Miami real estate market you will ask. Well, it’s already happening. Earlier this month a condo hit the market accepting only Bitcoin. Previously a Venezuelan family has accepted a Bitcoin for a four-bedroom condo in Key Biscayne and another high-end property was purchased by a Bitcoin investor in Miami Beach. The benefit with this type of transaction is there is no need to rely on an intermediary – a bank, which makes it very cumbersome for foreign buyers to transfer money between accounts, open new accounts in a local bank and wire the money between accounts. Buying real estate using cryptocurrecy is easy and allows buyers to not disclose their sources of wealth and not having to transfer the money back-and-forth between accounts.

Cryptocurrency is not bound by interest rates, exchange rates, or other inflationary charges of any nation. It can be used internationally to avoide a lot of international regulations, without experiencing any troubles and in a very quick and safe manner. This saves lots of money and time spent by investors.

For more information on how to buy Miami real estate with bitcoin please contact Sunny Realty office at (305) 998-9922.

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South Beach Miami Homes

Are you thinking about moving to the Miami area? While you have a number of areas from which you can choose for your new home or for a vacation home, one of the locales you will want to consider heavily is South Beach. This is easily one of the best locations, and you may want to start looking at the properties here for a range of different reasons.

Many Types of Properties

When you start to look at the options for South Beach homes – www.sunnyrealty.com/South-Beach/Homes-For-Sale, you will discover that you have plenty of different options. There are plenty of large and impressive towers in the area that are right on the beach and that offer condos and penthouses. These are very popular and for good reason. It is possible to find smaller units with just one or two bedrooms, as well as much larger units.

The different condominium towers also have a range of different features, including private beaches, onsite eateries, gyms, theaters, and much more. You can find a tower and a unit that matches the needs of you and your family. They tend to have great locations, as well, so you can get to all the other areas that you need to visit.

Of course, the towers are just one of the many options. You can find some incredible boutique buildings, too. These tend to be smaller, but they have some impressive features. One of these options might suit you better.

However, if you want something a bit larger than a condo, you can find that as well. Different sized single-family homes are available. Some of these are even on some of the manmade islands in the area, such as Palm Island and Hibiscus Island. Some of the homes are right on the water, too, which is nice if you have a boat, or if you are considering getting a boat. You can find just what you need.

You are never at a loss for options when it comes to finding great property in the area, so make a list of the things you would like from a home and then start looking.

A Wonderful Location

South Beach also happens to be a great location. The South Beach homes tend to be just a short distance from just about anything that you might want to see or do. You are only a few minutes from the water and the beaches, as well as places such as Aventura and Bal Harbour Shops. There are plenty of places to enjoy some nice meals or to have a drink. You are also only a short distance from all of the interesting things the Miami area offers, such as the zoo, the aquarium, museums, and theaters.

If you want to live in one of the most vibrant and culturally diverse places in the United States, you will want to make sure you start looking at some of the South Beach homes available. There is something for everyone here.

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How To Use Your Sunny Isles Beach, Miami Investment Property

Buying real estate in Sunny Isles Beach, Miami has been a popular option for many investors over the course of the last several years. Investors love the area because more and more people are coming to Sunny Isles Beach, Miami to live and to vacation. Having investment properties in the area makes a lot of sense, if you know what you are doing when you are buying.

Be Careful Where You Buy

When you are buying an investment property, you need to do a bit of research. Some areas in Miami are not zoned for rental properties and vacation properties, which means you won’t be able to rent out your unit. If you do, you will be subject to some large fines. These fines have gotten bigger this year – as much as $20,000 for the first offense. Therefore, you need to be very careful when you buy and make sure you are choosing a property in an area that will allow for rentals. Be sure to understand what type of rentals are allowed as well – short-term, long-term, or both. If you are uncertain, you can speak with your Sunny Isles real estate agent, who can help you find a property that will work for your investment needs.

Investment Property Options

When it comes to using your investment property, you have two basic options. You could opt for short-term rentals, which are ideal for renting out to vacationers who will be in the area for a week or two at most. You could also choose to rent to tenants who are looking for a longer-term solution. Some might be looking for a place to stay while they are working in the area for a few weeks or a few months. Others might be looking for a rental where they can raise their family.

You will want to think about the best way to rent out your property to receive the maximum benefit. If you have property that’s right on the beach, for example, having a vacation rental property tends to make the most sense. If you buy a single family home in the suburbs, it might work better as a long-term rental.

Full-Time Property

Of course, you might find that you don’t necessarily want to use the unit you buy as an investment property. Instead, you might find that it makes a good option as a place where you and the family can live full-time. Whether you are retired or you are still raising a family, Miami can be a great place to call home for the same reasons people love to vacation there – great weather, always close to the beach, great shopping, and always something interesting to see and do. If you don’t want to live in the area full-time, you could always use the property as a vacation home for you, your family, and your friends.

You can find some great possibilities when it comes to your property in Florida. Miami is a great state that is going to be popular for many years to come, so take advantage of that popularity now.

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Luxury Amenities Growing in Sunny Isles Beach

Sunny Isles Condos

In the past, Sunny Isles Beach was a good vacation destination. It was a strip of beach filled with bright and colorful motels and families coming from all around the country to enjoy the beach and the ocean. As time wore on though, the motels fell out of use. People still loved the beach, but they wanted something new. Architects and builders saw the potential in the area and they helped to create the Sunny Isles Beach that we know and love today.

As the building boom started, more and more saw Sunny Isles Beach as the perfect area to start building. This was especially true after Miami Beach started to get crowded. Once the building started in Sunny Isles Beach, the price per square foot started to rise. In fact, over the course of the last four years or so, it has risen by about 55% and it’s still going strong.

Today, it is a place for the wealthy, for those who are making more than $200,000 a year and who like the idea of living in true luxury. When you start to look at the various options available, you will find that the buildings today have more amenities than ever before, and they are starting to become just as important as the residence spaces.

More Luxury Amenities for You

Many of the condo complexes that have been built and that have been remodeled in recent years have put much more of an emphasis on the idea of luxury amenities. Turnberry Ocean Club residences is a good example. They removed residences from floors 30 through 32 and provides amenities that encompass several levels and more than 72,000 square feet. The Sky Club includes an infinity edge swimming pool, spas, fitness centers indoors and outdoors, treatment rooms, a lounge, and even a treatment room for the pets.

Some of the other features added to buildings in the Sunny Isles Beach area include game rooms, playrooms, stock trading lounges, board rooms, and meeting rooms. Residents of the aforementioned building will also have access to the Turnberry Isle Resort and Golf Club, which has restaurants, a marina, golf facilities, tennis facilities, and more.

Porsche Design Tower is adding more space for amenities as well. They are adding a restaurant, a bar and lounge, a fitness room, ballroom, and more. Armani/Casa and plenty of other buildings in the area are putting a greater emphasis on the luxury amenities as well.

Why Is Luxury So Important?

When people are buying properties in Sunny Isles Beach, they are looking for more than just a place to call home. While they certainly want a nice place to live with plenty of features in the unit, they also want a building that’s truly special. This means they need to have the right luxury amenities. Why would they choose a building that doesn’t have these features when they could live in a building that can cater to their every desire? You will start to see more of these luxury features added, even if it means including fewer residences in the building.