The real estate market is constantly changing. At any given time, buyers and sellers may have more questions than answers. In the spring of 2022, many Miami residents are wondering when the housing market will balance out.

What is a balanced market?

First, it’s important to understand what a balanced housing market looks like. Whether it’s a buyer’s market, a seller’s market, or a balanced market has everything to do with the “months supply of inventory” or MSI. To determine the MSI, an individual must estimate how long a home will be on the market before it is sold or absorbed based on the homes currently being sold in the area. The absorption rate is the number of homes sold in a year divided by twelve.

In a buyer’s market, it is estimated that there is more than six months’ worth of inventory. When there is less than six months’ worth of inventory, it is assumed to be a seller’s market. A balanced market is said to occur when there is an estimated six months’ worth of inventory.

When will the Miami real estate market balance out?

Miami is currently experiencing very low inventory, as is most of the country, therefore making it a seller’s market.
“In recent years, it has become very tricky to predict when ‘balance’ will finally occur. However, indications are leading to the possibility of a balanced market by the end of this year,” says Miami Signature Homes President and top producer Mauricio J. Barba.

How has the COVID-19 pandemic affected the Miami real estate market?

At the beginning of 2020, when the COVID-19 pandemic started, national real estate experts projected that the housing market would enter into a depression. Seemingly in defiance of those expectations, by the summer of 2020, the housing market was booming. This phenomenon drove inventory down 32% when compared to pre-pandemic levels.

Locally, Miami experienced some of the highest housing cost increases anywhere in the United States, as reported by CBS4 Miami. Miami has always been attractive to Latin American and European investors, but more recently COVID restrictions in other parts of the United States, and the now ubiquitousness of remote work, have driven up costs as Americans look to relocate to the Magic City.

“They started coming to South Florida in droves,” said Jennifer Wollmann, board chair of the Miami Association of Realtors.

With buyers outnumbering homes for sale, Covid-19 has affected both supply and demand despite inflation rates. Prices in December rose by 29% in Miami-Dade, and by 18% in Broward according to the Miami Herald. Additionally, due to the high demand, buyers had no choice but to offer the listing price if they wanted to acquire a property.

Prior to lockdown restrictions, a poll conducted by Fannie Mae, showed that only 25% of homebuyers thought it was a good time to buy a home, compared to 69% who were convinced it was a good time to sell. A more recent poll showed individuals appeared certain that home prices would go up over the next year and they expressed increased concern about job stability than in the past reports.

“COVID has flipped our life upside-down, disturbed many aspects of everyday life, but the housing market had exceptional performance,” Lawrence Yun, chief economist of the National Association of Realtors, told FOX Television Stations.

Is the Russia-Ukraine Situation Affecting the Miami Real Estate Market?

Another worrying aspect for sellers and buyers is undoubtedly the situation in Ukraine and its effects on housing in the United States. The effects of the Ukraine crisis certainly are impacting oil and energy prices. Until now, we haven’t seen changes in real estate. However, if those energy prices remain elevated for a significant period, the potential effects may hit the housing market. In other words, higher energy prices could make consumers even more apprehensive about making big purchases.

Elevated oil prices, material shortages, distribution delays, and increased shipping costs, all ultimately affect construction prices. Some commodities for new home construction have reached record-high price levels, making experts believe home prices will rise by as much as 22% this spring. In addition, the lack of construction materials has created a new-home construction supply gap of 5.8 million houses as of February 2022.
Although the situation in Russia and Ukraine is creating significant uncertainty, experts are reluctant to change their forecasts for the spring housing market, as the future is more unpredictable than it was before.

“Currently, we are all concerned with Ukraine/Russia's effect on our hyper-local market, but at this moment it doesn’t seem to have noticeably affected the housing market. Prices remain high and buyers are paying, generally speaking,” said Barba. “Even so, the market is continuing to change very quickly making it more important than ever for buyers and sellers to work with a real estate professional to navigate these changes.”

According to industry insiders, changes in inventory aren’t projected to change in Miami in the near future. However, interest rates are already on the rise, which will affect the market.

Speak to a High-End Real Estate Expert

Miami Signature Homes President and top producer Mauricio J. Barba has been a mainstay in Miami’s uber-competitive high-end real estate market since 1994. Respected in his native community by clients and colleagues alike; he has logged top honors for elite performance in his field. Mauricio is connected worldwide but specializes in Coral Gables, Coconut Grove, Key Biscayne, Brickell, Village of Pinecrest, South Miami, Palmetto Bay/Falls area, and the Beaches.
The Miami Signature Homes team is relatively small compared to their sales volume. That has been important in keeping relationships with clients at a very direct level. Mauricio, Tania, Vicky, and Sebastian each maintain strong personal connections and professional relationships with all of their clients, many of which have been with the team for decades.

Because of this personal level of service, they are able to devote individual attention and care to every home sale or search. Assistants are great, but Miami Signature Homes makes sure their principals are the people solely responsible for returning important calls or emails 24/7, 365 days a year.

If you’re passionate about white-glove treatment throughout one of the most important financial experiences of your life, call us at 305.439.8311.

Sources:

https://realtytimes.com/advicefromtheexpert/item/38353-how-to-determine-if-it-s-a-buyers-sellers-or-a-balanced-real-estate-market

https://www.cnbc.com/2021/11/23/rising-inflation-hot-housing-market-what-you-need-to-know-about-buying-a-home.html

htps://dqydj.com/historical-home-prices/

https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/

https://fortune.com/2022/02/28/spring-housing-market-predictions-2022/

https://www.vox.com/22264268/covid-19-housing-insecurity-housing-prices-mortgage-rates-pandemic-zoning-supply-demand

https://www.fox29.com/news/will-real-estate-housing-market-crash-or-cool-off-in-2022-experts-give-their-2-cents

https://fortune.com/2022/02/08/should-i-buy-house-sellers-market-housing-real-estate-fannie-mae/

https://fortune.com/2022/02/17/historic-housing-shortage-more-pain-homebuyers

https://ww.fortunebuilders.com/miami-real-estate-market-trends/

https://www.france24.com/en/live-news/20220130-miami-s-lure-during-covid-sends-housing-prices-through-the-roof

https://www.miamiherald.com/news/business/real-estate-news/article257514504.html

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The Alex And Joe Team presents

Located on an almost 10,000 square foot lot, this charming single-story residence features fantastic indoor and outdoor living spaces, including a large living room and a huge Florida room overlooking the pool. The primary suite includes sliding doors leading to the outdoor backyard, updated bathrooms w/ double-sink vanity, & new closet doors in each bedroom. Outside find a lovely & very private backyard with the most beautiful foliage. This home has it all in the most central Gables location w/ easy proximity to shopping, schools, restaurants, & much more!

4 Bed | 3 Bath

Address: 510 Gerona Ave, Coral Gables, FL 33146

Price: $1,790,000

Photo credit: Bryan Cearra - BEC MEDIA

For more information, please contact The Alex And Joe Team at 305-712-6522 or hello@alexandjoe.com

The Alex And Joe Team represents the Miami Beach, Florida real estate market as a member of the Haute Residence Real Estate Network. View all of their listings here.

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Mauricio J. Barba presents

Casa Roca is one of the Coral Gables’ 27 Coral Rock Residences' Thematic Group and a Historically Designated home. Notably designed by H. George Fink in 1924, this 3 bedroom, 3 bath residence with 2-car garage is sited on one of Coral Gables' most iconic and enchanting streets: Granada Blvd. Filled with such characteristics as a loggia entry, beamed ceilings, transom windows, fireplace, original stone floors, and a built-in grotto spa, this fairytale-like home was built using native coral rock. Casa Roca is worthy of a cultured owner who will cherish its magical essence and be captivated by its beauty and allure. Certainly an offering for the historic home aficionado!

3 beds | 3 baths | 2-car garage

Address: 3903 Granada Blvd, Coral Gables, FL 33134

Price: $2,500,000

Photo credit: James Erwin

For more information, please contact Mauricio J. Barba at 305-439-8311 or mauricio@miamisignaturehomes.com

Mauricio J. Barba is the exclusive agent representing the Coral Gables, FL real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

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In the first quarter of 2022, the Coral Gables residential real estate market has experienced inventory at an all-time low. MG Developer, Coral Gables’ most active real estate developer, can attest to the current demands. Its recently completed Althea Row, located in the historical Biltmore area of Coral Gables, sold 80% of its homes in less than 60 days of completion.

New buyers in South Florida are looking for newly built, high-quality residences. Proximity to restaurants, nightlife, and shopping largely influence buying decisions as well as ‘walkability’. For those who seek a low-density, semi-urban lifestyle, Coral Gables is the perfect fit.

Downtown Coral Gables has expanded in the last two years to keep up with the increasing demand. Retailers are opening more boutiques and shops along Miracle Mile, as well as new restaurants for more dining options. The city government is focused on attracting new, higher-end residential developments to provide more housing options.

As the pandemic is coming to an end, the near-term and long-term outlook for Coral Gables is seemingly brighter now than ever in the city’s 100-year history.

“The pandemic accelerated the demand for homes in South Florida. This was a trend that was building up for over a decade and now that big tech and finance companies are moving here, they are bringing people with higher-paying jobs that are driving the demand for high-end luxury homes, particularly in Coral Gables” said Ron Shuffield, President and CEO of Berkshire Hathaway HomeServices EWM Realty. “Our supply is at a historic low level of two months when we need to have six to nine months of healthy supply. Since the supply is decreasing, and the demand is increasing, we are seeing a significant appreciation of home prices”

MG Developer will soon be delivering 10 more luxurious residences called Biltmore Row. At approximately 6000 square feet, the three-story townhomes will have four to five bedrooms. They are one of a kind beautiful Spanish revival-inspired, contemporary-styled residences in the heart of Coral Gables.

For more information, please visit www.MGDeveloperMiami.com.

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One of Coral Gables most popular and beloved parks, Balboa Plaza, has just received a Coral Carpet to accompany the park's massive stone bench. The addition marks the completion of MG Developer's outdoor “living room” setting. 

The project was initiated in 2018 by the Miami based company MG Developer as a contribution to the city’s Art in Public Places program. MG Developer’s most recent addition to the park coincides with its ongoing mission to cement Miami and the surrounding area as one of the foremost living destinations in Florida, inside and out. 

The Coral Carpet, which spans the length of the 30-foot stone bench behind it, is an inlaid, terrazzo piece that depicts an intricate floral pattern representative of the city’s diverse and rich culture. The technique used in creating this installation was originally developed in Italy and reflects Coral Gables’ fascination with Mediterranean-style architecture. 

Both the terrazzo carpet and the stone bench are situated under one of Balboa Plaza’s massive banyan trees, making these recent additions the perfect place to lounge and take in the scenery with friends and family. 

For MG Developers, the Balboa Plaza project is the latest effort in filling the Coral Gables and Miami area with functional, aesthetically pleasing developments that serve to enrich the city for residents and visitors alike. For those who enjoy a sunny day at the park, Balboa Plaza’s latest addition is a must-see.

For more information on the new installation or MG Developer, visit the company's website here

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Mauricio J. Barba presents

4 BEDS | 4.5 BATHS | 4,111 LA | 5,402 TA Residence LPH03 is a full-floor sky home with 4111 SF of living space + 1291 SF of terraces boasting phenomenal vistas of the golf course, downtown, The Biltmore, Coconut Grove, and even a peek of the bay. Timeless finishes such as limestone floors and marble baths grace the home, while natural light--and views-- filter through the floor-to-ceiling windows. Its floor plan consists of a private elevator vestibule at the center with the main suite + 2nd suite on the east, and kitchen, dining, laundry + 3rd and 4th suites to the west. Why buy here? You can stroll to 40+ restaurants, shops, theatres, and parks. Gables on The Green is undergoing a full modernization to the common areas, exterior, gym, and lobby. The Seller is covering these costs. SF per developer plans.

Address: 626 Coral Way LPH03, Coral Gables, FL 33134

Price: $3,870,000

Photo credit: Faride Ahmad

For more information, please contact Mauricio J. Barba at 305-439-8311 or mauricio@miamisignaturehomes.com

Mauricio J. Barba is the exclusive agent representing the Coral Gables, FL real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

The post Mauricio J. Barba Presents A Charming Full-Floor Sky Apartment In Coral Gables appeared first on Haute Residence by Haute Living.

Photo Credit: Cozy Salazar Interiors

Cozy Salazar Interiors is based and accomplishes plenty of work in the historic and charming Coral Gables area of Miami. Haute Design recently inquired about the tight-rope act of elevating and innovating design in such a historic area.

Haute Design: Working in Coral Gables, how do you maintain the look/feel of a home within the Gables vibe while making it unique as well?

Cozy Salazar: The houses in Coral Gables are all special in their own way! We love working on renovations, specifically in Coral Gables, that restore the charming aspects of a home to its former glory rather than trying to make them look like new construction. Whether that be preserving an old mantle, decorative ceiling, exterior arches etc. There is so much history here and we love playing into that. If we are working on a renovation with French or Spanish architecture and influence, we try to pay homage to that in the interior and respect the intention the original owners had for the space.

Photo Credit: Cozy Salazar Interiors

We do this in several ways by adding millwork that correlates with the style of the home, sourcing specific wallpapers for that space, leaning into furniture and decor that feels relevant, or, when working on the exterior, adding natural stone, updating front doors and windows, redesigning the pool, and/or investing in great landscaping. It saddens me a little to see a charming Coral Gables home renovated either too modern or in a contradicting style to its bones. Paying respect to what is already in place during a renovation is important in maintaining the “City Beautiful’s” rich history and charm.

Photo Credit: Cozy Salazar Interiors

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Lourdes Alatriste presents

The perfect pairing of Palm Beach & Gables Estates. Elegant, private, turn-key & ideally located on 1 acre in one of the most exclusive gated communities. Designed by Briggs Edward Solomon, this masterpiece features 9 beds & 7/3 baths. Sleek, chef’s kitchen, equipped w professional grade appliances features a 15' Nero Marquina marble cooking island, 3 refrigerators, 3 freezers, custom Viking gas stove & ample prep/storage spaces. The serene primary suite includes a sitting area, grand walk-in closets & a luxurious, Carrera marble bathroom. Spa/gym is the epitome of home-wellness w sports sauna, Peleton & top of the line equipment. Home office, playroom & ensuite bedrooms complete this estate. Manicured lawn, saltwater lap pool & new outdoor kitchen satisfying the most discerning of tastes.

Address: 545 Casuarina Concourse, Coral Gables, FL 33143

Price: $24,500,000

Photo credit: Lifestyle Production Group

For more information, please contact Lourdes Alatriste at 305-926-5322 or Lourdes.Alatriste@elliman.com

Lourdes Alatriste is the exclusive agent representing the Coral Gables real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

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Mauricio J. Barba presents

Soul (noun): an emotional or intellectual energy or intensity, especially as revealed in a work of art or an artistic performance.

Welcome to 704 Navarre—a home with Soul. The residence, offering a comforting vibe, embodies architectural elements of a bygone era. It enjoys tall curved ceilings, arched windows (all are impact), restored hardwood floors, wood-burning fireplace, wood shutters, Old Chicago brick patios, and numerous textural details. The 2/2 main home features extra-large bedrooms and baths while the 1/1 casita is accessed via the heavenly loggia. Its refreshing and verdant patio adds a whole new dimension to this home. Location: just a 3-block stroll to the CG Country Club + Golf Course/Tennis Courts and a quick bike ride to downtown Coral Gables. It doesn’t get any better…

2/2 MAIN + 1/1 CASITA | 1 CARPORT

1,752 LA | 1,913 TA | 5,650 SF LOT

Address: 704 Navarre Avenue, Coral Gables, FL 33134

Price: $1,000,000/Sold

Photo credit: Faride Ahmad

For more information, please contact Mauricio J. Barba at 305-439-8311 or mauricio@miamisignaturehomes.com

Mauricio J. Barba is the exclusive agent representing the Coral Gables, FL real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

The post Sold ! Mauricio J. Barba Presents A Spectacular Home In Coral Gables appeared first on Haute Residence by Haute Living.

Located in the Biltmore Square neighborhood in Coral Gables, Florida, Beatrice Row is an enclave of luxury townhomes. This contemporary building’s design was inspired by the most elegant and fashionable Georgian architecture of London, New York, and Boston. Residential property development company MG developer brought Beatrice Row to life along with architectural firm de la Guardia Victoria Architects & Urbanists, Inc. Due to their exceptional work and achievement in traditional design, Beatrice Row was awarded the Palladio Award for most outstanding architecture in a residential multi-unit project.

The 19^th annual Palladio Awards competition honored fourteen architectural firms across the country for their outstanding work in traditional design for commercial, institutional, public, and residential projects. With a façade full of elegant coral stone details, cast stone cornice, and hand-crafted bronze-finished balconies, Beatrice Row was recognized for its beauty and creative interpretation of Georgian design principles. The Palladio Award is not the first award Beatrice Row has won; however, Beatrice Row was previously awarded the Addison Mizner Award and The Congress of New Urbanism Award as well.

The interior of Beatrice Row is just as impressive as its exterior. Standing three stories tall, each townhome offers four bedrooms, four bathrooms, and a powder room. The first level includes a 4-car garage with a service area, a walk-in laundry room, a library, and a full bath. On the second level is the home’s main floor with an entryway and gourmet kitchen. The third level features the master suite with a spa and a full bathroom. Private elevators, smart home automation, and covered terraces can also be found in each townhome.

Maria de la Guardia Chief Architect of de la Guardia Victoria Architects & Urbanists said, “We are very proud to have received the Palladio Award, especially for Beatrice Row. This project was unique in scope and serves a distinct affluent market. When the developer told us they wanted to build a special European-inspired enclave following the footsteps of George Merrick’s vision for the City, we knew right away all of the design elements required to create a luxurious multi-family development worthy of worldly recognition.”

CEO of MG Developer, Alirio Torrealba, and the mayor of the City of Coral Gables, Vince Lago, also commented on Beatrice Row’s Palladio Award.

Torrealba said, “We take great pride in all of the developments we build. They are a true labor of love, and Beatrice Row is one of those luxury developments that not only complements the beautiful aesthetics of the City Beautiful but also inspires creativity in the community.”

Lago added, “MG Developer has built truly exemplary residences in Coral Gables, and Beatrice Row elevated the standard for luxury living in Coral Gables. We are not surprised that this award-winning row of residences has garnered another impressive recognition, with the latest Palladio Award. We are truly proud of this award and international recognition Beatrice Row has brought to our City Beautiful, blending in perfectly with Coral Gables’ rich culture, history, environment, and aesthetic beauty. I congratulate them.”

For more information about MG’s projects, visit http://www.mgdevelopermiami.com/. For sales of MG’s developments, contact Berkshire Hathaway Home Services - EWM Realty at (305) 460- 6719.

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Suzanne DeWitt, David Rousso Jr., Angel Nicolas, April Donelson

Photo Credit: Romain Maurice

Headquartered in Miami, FL, Pedini Miami provides customers with Italian-designed furnishings of the highest standard and style. The Pedini process gives clients the most personalized and trustworthy service in the industry while keeping them informed each step of the way. Throughout 2021, the Pedini team enthusiastically proved their excellent both in their work and in their status throughout the design industry and high society of Miami.

During Art Basel, one of the most highly-anticipated times of the year in South Florida, Pedini was present for one of the most exciting events of the season. Together with esteemed luxury brand Braman Miami, Haute Living celebrated world-renowned artist and Haute Living cover star, Romero Britto. The Brazilian artist was presented with a one-of-a-kind Bentley Continental GT Convertible.

Speaking of events, Pedini Miami collaborated with Haute Living Media Group in two separate Haute Leaders Dinners in 2021. Haute Living and Pedini Miami joined forces at Marion Miami to host the Haute Leaders dinner for the month of July. While Haute Living hosts their Leaders dinners every month, this was the first of which was held in collaboration with Pedini.

Angel Nicolas, David Rousso Jr.

Photo Credit: Romain Maurice

In October, Haute Living presented the latest installment of its Haute Leaders Dinner Series in collaboration with MG Developer and Pedini Miami at the brand-new Althea Row Residences in Coral Gables. MG Developer's recent Coral Gables project, Althea Row, was revealed in full display to all present at the Haute Leaders Dinner. The gorgeous multi-story residence that hosted the event served as the model home for residences in Althea Row. Guests were welcomed with glasses of wine as they appreciated the stunning setting that would serve as the evening's gorgeous backdrop.

Alirio Torrealba, David Rousso Jr., Seth Semilof

Photo Credit: Romain Maurice

Vice President of Pedini Miami, David Rousso Jr., was also in attendance for 2021's Fort Lauderdale Boat Show. FLIBS is recognized as the largest in-water boat show in the world. Located steps from the beach in sunny South Florida, FLIBS spans nearly 90 acres across three million square feet of exhibit space that is connected by an intricate network of water and ground transportation services. Haute Living Media Group, in collaboration with Fraser Yachts and TopDevz, provided a Fort Lauderdale International Boat Show experience that will go down in history.

Photo Credit: Romain Maurice

Pedini Miami also executed several exciting luxury design projects throughout 2021. A few highlights would be their Knoxville Manor, located in the Shenandoah region of Miami, the stunning home provides the feeling of a garden oasis. Additionally, Pedini's collaborations with esteemed design firm, mr Alex TATE and renowned interior designer, Carolina Freyre, truly left a mark on the industry and confirmed Pedini's status in the luxury design landscape.

"All of the hard-earned success we enjoyed last year only makes us all more motivated for all that is to come in 2022," said David Rousso Jr., Pedini Miami Vice President.

Knoxville Manor

Photo Credit: Pedini Miami

Photo Credit: Pedini Miami

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Lourdes Alatriste presents

The perfect pairing of Palm Beach and Gables Estates. Elegant, private, turn-key, and ideally located on one stunning acre in one of the most exclusive gated communities in all of South Florida. Designed by Briggs Edward Solomon, this masterpiece features 9 bedrooms and 7/3 bathrooms. The sleek, chef’s kitchen, equipped with professional-grade appliances features a 15-foot Nero Marquina marble cooking island, 3 refrigerators, 3 freezers, a custom Viking gas stove, and ample prep/storage spaces. The adjacent dining room offers dazzling garden and pool views. The serene primary suite includes a sitting area, grand walk-in closets & a luxurious, Carrera marble-clad bathroom. The spa/gym is the epitome of home-wellness featuring a sports sauna, Peleton, and top-of-the-line equipment. Home office, playroom, and ample ensuite bedrooms complete this classic estate. Outside, create memories to last a lifetime by the manicured lawn, saltwater lap pool, and brand new outdoor kitchen satisfying the most discerning of tastes. When space, location, and privacy matter most, 545 Casuarina Concourse has it all.

Address: 545 Casuarina Concourse, Coral Gables, FL 33143

Price: $24,500,000

Photo credit: Lifestyle Production Group

For more information, please contact Lourdes Alatriste at 305-926-5322 or Lourdes.Alatriste@elliman.com

Lourdes Alatriste is the exclusive agent representing the Coral Gables real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

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Stefano was born and raised in Miami, FL, and is the Vice President of his family’s Design-Build company, Balli Group. He is responsible for Development Opportunities, Construction Management, and Sales. He earned dual Bachelor of Business Administration Degrees from Florida International University, specializing in Finance and Real Estate. He also holds a Florida Real Estate Sales Associate license.

Stefano shares his father’s passion for real estate development and values the importance of the process. His strong appreciation and knowledge of Architecture and Construction allow him to bring unparalleled expertise to his clients. Stefano specializes in luxury single-family residences.

Recently, he shared his expert opinions with Haute Residence regarding his specific market, what has led to his success, and what he sees for the future.

Haute Residence: What were the effects of COVID in the housing market?

Stefano Balli: Over the past two years, we’ve seen a strong migration to Florida. Now, one can say it is primarily from COVID-19, but this migration has always been in place. South Florida, specifically Miami, has always been a vacation or winter trip for thousands of Americans. COVID-19 expedited and amplified it due to certain health and living conditions in other states. Specific areas I’ve seen the most demand in are in the Southern Gables Gated Comminutes such as Gables Estates, Snapper Creek Lakes, and Hammock Lakes. This is primarily due to the average size of the property, privacy, proximity to great schools and local restaurants.

HR: Why should someone buy in your market?

SB: The quality of life is very high, there are a number of great schools, parks, shops, restaurants, marinas, and parks to support a local lifestyle all while only a 20-minute car ride to Downtown Miami, Brickell, and the sorts.

HR: What sets you apart from other realtors?

SB: Working in the Construction/Development industry for the past 10 years and having a background in Architecture/Design has allowed me to advise and guide my clients on the right purchase. There are several variables when purchasing a home or property that can be costly if not vetted correctly.

HR: What do you see for the future of your market this coming year?

SB: I’m optimistic about what the next couple of years have in store, specifically for the luxury markets in South Florida. Miami is a young city comparatively speaking with much more room to grow, both vertically and horizontally. With limited supply for the foreseeable future and demand continuing through the end of 2021, I believe there’s more room to run.

Stefano Balli is the exclusive agent representing the Ponce-Davis, FL real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

The post Stefano Balli Of The Balli Group On The Housing Migration To Florida And What To Expect In 2022 appeared first on Haute Residence by Haute Living.

Photo Credit: The Balli Group

Stefano Balli, Vice President of Balli Group, recently spoke to Haute Design and explained what sets Balli Group apart and how he approaches his work in Coral Gables area.

Haute Design: How did you get your start in the business?

Stefano Balli: The company began over 40 years ago when my grandfather, Giorgio Balli Sr., first migrated to Miami from Lima, Peru. He designed and worked alongside some of South Florida's most prominent developers throughout the '80s, working on about 80% of Cocoplum, a gated community in South Coral Gables. Years later, my father Giorgio Balli joined the firm, adding new pillars to the Group - architecture, interior design and construction/development. He has since designed and developed over 350 private residences. I have joined the Group, alongside my father, to continue designing and developing luxury residences throughout South Florida. Since then, we've broken records on each development we've completed.

HD: Describe a design-build company and what The Balli Group does. 

SB: I like to label The Balli Group as a vertically-integrated development firm. We have the ability to guide a client based on budget and desires, from conception to reality. Our pillars include architecture, interior design and construction. We connect with our clients to make sure we deliver a product of the highest quality, while maintaining certain budgets and metrics.

Photo Credit: The Balli Group

HD: What is unique about your market?

SB: We approach each project as if it were a work of art. It takes time, but once completed, it exudes luxury, quality and warmth. We approach each product differently and can adapt to any style, design, and/or program. Our primary market focus remains in the gated communities of South Coral Gables, but we currently have over 25 projects throughout the municipalities in Miami as well as Ft. Lauderdale.

HD: Which design trends have caught your eye recently?

SB: We continue to see trends catered to wellness, privacy, space and technology. We foresee these trends continuing into the coming years. The trend for more space has actually reversed its course since 2019, where we saw the consumer requesting less space for both living and total. Whereas now, each home we design and/or develop has a dedicated office space, a gym or spa, large exterior areas for sporting activities, lush landscaping, fully-integrated smart home technology and advanced security. We're interested in the advancement of solar technology and what that may bring in the coming years as well.

The post Balli Group Distinguishes Itself in the Coral Gables Area appeared first on Haute Residence by Haute Living.

Dr. Humza Arif

Photo Credit: kliniko Miami

Dr. Arif recently shared some insight into his exciting new offices and how his practice will be elevating the standard of healthcare in the South Florida region.

Haute Design: You have been generating quite the interest with kliniko Miami. Can you tell us more about what is to be expected from the new-aged dental practice?

Dr. Humza Arif: kliniko Miami Cosmetic & Restorative Dentistry in Coral Gables is an expression of what the standard of dental health should be. Our mission is to elevate our standard of healthcare, specifically within the arts of dentistry. To complement oral care, the space of our craft has been beautifully expressed with the hands of renowned architects. I partnered with Yodezeen architects to help capture the internal vision I had for a space of wellness, health and beauty. I'm happy to know it has been so well-received by our community in Miami.

HD: The photography we have seen so far has been impeccable. It's hard to believe it's even a dental practice at all. 

Dr. HA: Correct! Every experience we have in this world shapes how we live, how we function, and how we interact with one another. At kliniko, patients will feel a rebirth and rejuvenation. It is the care of the soul through dentistry in an environment unlike any other. We are making the metaverse real.

HD: kliniko's space and design does resemble something that one would see in the metaverse. Do you think it would translate to a digital space?

Dr. HA: The beauty of architecture and design is based on the evoked feelings it brings to surface. It is such an exciting world we live in today and the thoughts of the future know no bounds. The moment you step onto our floor in Coral Gables you will be taken into an environment that we are not used to. The tapestry of hospitality, design, and dental arts will formulate into new senses, new experiences, and most importantly new standards of health for our community. We want to be your beacon of what to expect from now on. Our space does just that.

HD: What else can we expect from you in world of design?

Dr. HA: kliniko Miami will forever be in a state of ongoing growth and pushing new architectural boundaries. Miami and the gables are such unique areas to live and practice and we are so fortunate to express ourselves through multiple mediums. I would suggest to follow me on Instagram as well as the kliniko Miami page for the latest. We love sharing with Haute Living and its readers.

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Photo Credit: Cozy Salazar Interiors

Cozy recently shared her thoughts behind separating work life and personal life in a conversation with Haute Design.

Haute Design: As you know, the design and architecture industry's "hours of operation" are anything but standard. How do you find the balance between career and personal life?

Cozy Salazar: I still struggle with this on a daily basis. I really love what I do and sometimes I have a hard time separating my 'work life' with my personal life.  I tend to bring work home with me regularly, but as long as I leave the more stressful aspects of this job at the office, everyone is happy (or at least they pretend to be).

HD: Your children are often featured in your Instagram stories at work. Do they enjoy going to work with mom? Are they old enough to understand your line of work?

CS: I had my first daughter when my career started to pick up and that was tough. At the time, I did not have a full-time nanny, so Gianna went with me everywhere. I think it's because of this that she is so interested in everything I do. I bring her into the office for a couple of hours every week because she loves to be here. There are times where I'll be at a presentation and we find pieces of wallpaper and fabric samples that have little drawings on the back, which always makes me smile. Chiara, my youngest is only two, but I can already tell she has a good eye based off the shoes she picks out of my closet!

Photo Credit: Cozy Salazar Interiors

HD: Did you have a similar experience growing up? Would you ever go to work with your parents?

CS: Yes, my mom was always a working mom. I did not get to spend every minute with her, but the time we spent together was always special. She would take me into her office when I got out of school and I would always find ways to entertain myself there. She would always take me out for dinner afterward or sing in the car with me on the way home, and would always read me a book before bed.

HD: Have your girls expressed any desire to follow in your design footsteps? Do they ever share design input?

CS: They're still very little but I would love for one of them, if not both, to catch the design bug! It would be so special for me to teach them what I know, and to leave this to them one day. My oldest is very opinionated when she comes into the office, and although she may not know what she is doing, she definitely knows what she does and does not like, which is a crucial asset for decision-making in this business.

Photo Credit: Cozy Salazar Interiors

The post Cozy Salazar Shares Her Thoughts Behind A Work-Life Balance appeared first on Haute Residence by Haute Living.

Stefano Balli presents

Amazing opportunity to work alongside the Balli Group in customizing this Tropical Modern Estate designed by renowned Architect, Giorgio Balli. Permit has been APPROVED and PAID; ready to begin construction.

The house will encompass +/- 9,000SF, 7 Bedrooms, 8 Full Baths, 2 Powder Bathrooms, Full-Home Smart System, Generator, Elevator, Climate Controlled Wine Cellar, Office/Media Room, Detached 3-Car Garage w/ Double Height for Lifts, Detached Guest House Suite, Oversized Master-Suite and much, much more!

Snapper Creek Lakes Club is one of the most prestigious gated communities in South Florida with 24/7 Security Guards and a Full-Service Marina. Membership Approval into Snapper Creek Lakes Club is required for the purchase of this property. $37,500 One-Time Fee ; $4,000 Annual Fee.

Address: 10840 Old Cutler Road, Coral Gables, FL 33156

Photo credit: Giorgio Balli AIA Architect

For more information, please contact Stefano Balli at 305-915-2572 or stefano.balli@compass.com

Stefano Balli is the exclusive agent representing the Ponce-Davis, FL real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

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Adriana Pinto-Torres & Tracy Ferrer present

The most coveted line in Park Grove, this corner, the high-floor residence boasts formidable bay and city views.

A keyed elevator opens to a private foyer that leads to a spacious, layout with 12 ft glass walls, separate service entrance, marble flooring, built-in closets, bayfront kitchen with marble counters, Wolf gas range plus Sub-zero and Wolf appliances, pantry, and laundry room. A secondary kitchen can be converted to a den, media room, or entertainment lounge.

Parke Grove is a crown jewel designed by Rem Koolhaas with world-class amenities including a bayfront pool, spa, sauna, wellness lounge with treatment rooms, wine room, and more occupying over 5 acres of Enzo Enea grounds.

Address: 2821 South Bayshore Drive, Coral Gables, FL 33133

Price: $4,850,000

Photo credit: Luxhunters

For more information, please contact Adriana Pinto-Torres & Tracy Ferrer at 786-493-1388 or adriana@theaptteam.com

Adriana Pinto-Torres & Tracy Ferrer are the exclusive agents representing the Hibiscus Island, FL real estate market as a member of the Haute Residence Real Estate Network. View all of their listings here.

The post Adriana Pinto-Torres & Tracy Ferrer Presents A Unique High-Floor Residence In Coral Gables appeared first on Haute Residence by Haute Living.

 Mauricio J. Barba presents 

Ceremoniously crafted in 2021 by the acclaimed Torre Companies, Villa Verano embodies a harmonious fusion of old world architecture with that of today’s modern finishes. The estate enjoys double height ceilings, several sitting rooms, beverage centers/wet bars, wine display, fireplace, summer kitchen, verdant landscaping, large pool, covered patio, semi-detached guest suite “casita”, and an array of windows/doors/balconies which filter light all day long. The luminous kitchen features posh appliances including a chef-worthy Wolf gas range, three sinks and a vast amount of counter space. There are 2 en-suite BR downstairs, 3 upstairs including the expansive main suite. Villa Verano is walking distance to golfing, parks, tennis, library, Venetian Pool, restaurants, shoppes and galleries.

Address: 927 Valencia Avenue, Coral Gables, FL 33134

Price: $5,295,000

Photo credit: Faride Ahmad

For more information, please contact Mauricio J. Barba at 305-439-8311 or mauricio@miamisignaturehomes.com

Mauricio J. Barba is the exclusive agent representing the Coral Gables, FL real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

The post Mauricio J. Barba Presents A Modern Villa Verano In Coral Gables appeared first on Haute Residence by Haute Living.

Luciana Fragali and Andre Wanderley, architect and interior designer, respectively, at Design Solutions Miami, had several sketches for living spaces ready before they were hired any a Los Angeles couple to design their new Coral Gables home. Throughout an interview, Fragali and Wanderley listened to the prospective clients' desires for privacy from adjoining houses, their wish to capture the family's passionate spirit, and  to balance her preference for raw, edgy architecture with his favoring of refined sophistication. The DS Miami duo's sketch pad quickly filled with outlines of what would eventually become the Coral Gables residence, which so effortlessly seems to unite all of the above.

Photo Credit: Design Solutions Miami

The clients were drawn to the structure's architecture - a contemporary gem in a traditional neighborhood - as well as its location. The grounds are lush, and the residence is closely located to prominent schools for their children. That said, the interior still needs plenty of work in order to provide a level of personalization and reflect the owners' fondness for sophisticated, modern design.

"We had to look at every detail in the roman enhance it," said Fragali. "It was a full gut job requiring major renovations." The DS Miami team began by looking up. The interior designers removed the standard recessed lighting, remodeled the soffits for a cleaner look and selected - or designed - sculptural fixtures as statement features throughout the home.

Photo Credit: Design Solutions Miami

One such piece, a custom bar/staircase the duo dreamed up, illuminates the dining and family room, a space that would have been traditionally used for additional storage and often forgotten. "People often pass by the dining room in their home," said Wanderley. "So, to truly use it and not take it for granted, you have to really make it a cool space." In order to do so, Wanderley paired four natural cane-woven Colony armchairs with a vibrant indigo rug and sculptural organic butterfly-shaped glass dining table, all curated by Anima Domus Miami. Wanderley went on to explain, "you see the table from the entry, so I wanted a see-through scene to the living room, but also something sculptural."

Photo Credit: Design Solutions Miami

When designing the interior layout of the space, Fragali wanted to ensure that each space had its purpose while fusing it modern, yet edgy design. The first-floor flows as an elongated tunnel, combing the living room, kitchen and dining room in one lengthened space. The first space to greet you is the lounge area. The family enjoys regularly hosting guests and throwing dinner parties. For that reason, it was essential to have an informal area to hang out and entertain.

Photo Credit: Design Solutions Miami

The DS Miami duo knew the entry lounge would have to be a firm representation of the couple's innovative and edgy style. With the help of trusted partner, Anima Domus, they brought in two vital pieces to the space. The first, being the original 1227 floor lamp in crimson red by George Carwardine, and the second being a 77-inch Odino mirror by Moltenu & Baron, which leans of the 24-foot entry wall. "The mirror is massive," said Fragali. "And it makes the most dramatic first impression."  The former gives an illusion of color and the latter creates an illusion of depth.

Photo Credit: Design Solutions Miami

That same attention to detail inspired the duo's thoughtful use of materials throughout the residence. Walnut paneling, used generously and to great effect, warms this modern kitchen designed with black Marquina marble and top-of-the-line Sub-Zero and Wolf appliances. The same walnut wood was used on the top kitchen cabinets, as well as on the butcher block-topped island. It also presents itself as a "floating frame" around the kitchen, separating the lounge and the living area.

"I love the color, balance and tightness of the walnut's grain," said Fragali. The wood balances sleek counterpoints such as the Venetian plaster encasing the entire floor and the main level's matte black Marquina marble wall.

Photo Credit: Design Solutions Miami

The result is a study in bold yet comfy furnishings, such as the living area's Pixel modular sofa - upholstered in a linen and low-profile chenille blend - adjacent to which, sit two extremely comfortable Belaire armchairs for ultimate relaxation, which add a harmonious contrast as well.

When deciding whom to trust with the furnishings of this magnificent residence, it came as no surprise that the DS Miami team enlisted the help of Anima Domus Miami. After a decade-long friendship and over 100 design collaborations, it was apparent that this partnership was built for success. Design Solutions was tasked to create a modern, edgy and welcoming environment, while Anima Domus would provide the luxurious furnishings seen throughout the spaces.

Photo Credit: Design Solutions Miami

"The point here, was to create drama or a showpiece," Wanderley adds. The living room's TV wall unit was designed with this principle in mind. The black-slatted wood paneling and mirror-backed shelves re as unique as the home itself. Likewise, the house exists to enrich the daily lives of the owners. "When a home is contemporary, you need to be careful not to make it untouchable," Fragali added. "I would call this edgy contemporary, but also, soft. To me, it feels like the right reflection of the people who live here."

The post Thanks To Trusted Partner, Anima Domus, Design Solutions Miami Does It Again With Coral Gables Home Boasting Wood and Metal Accents appeared first on Haute Residence by Haute Living.

Magnus Jennemyr presents

Meticulously updated Historic Masterpiece from 1928, situated on 15,000 sqft of land with +/- 100 lft on the inlet of the Coral Gables Waterway, no bridges to bay. The 2-story home is an excellent example of Mediterranean Revival architecture. Roof with clay barrel tiles, detailed with roof outrigger beams and finished in rough stucco. Our Grand Dame has a well appointed and light filled living room with fireplace, dining room, kitchen, sunroom/enclosed porch/café, half bath and porte-cochere on the 1st Floor. 2nd Floor offers 4BR/2BA, and a south facing balcony from the Master Suite. Preserved and refinished oak floors and original clay tiles. A secluded 1BR/1BA cottage is overlooking the waterway, patio and the beautiful pool. A truly magical home.

Address: 155 Cocoplum Rd, Coral Gables, FL 33143

Price: $6,500,000

Photo credit: Luxhunters

For more information contact Magnus Jennemyr at 786-200-8857 or magnus.jennemyr@engelvoelkers.com and Dana Lund at 703 408 3767 or dana.lund@evusa.com

Magnus Jennemyr is the exclusive agent representing the Coconut Grove, Florida real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

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 Mauricio J. Barba Presents 

Clean, crisp, bright, and the perfect blank canvas for your updates. No need to knock down walls or expand as this Hollub-built, 1-owner custom home already enjoys the most perfect family-friendly floor plan. BRAND NEW ROOF AND IMPACT WINDOWS/DOORS. There are 4 bedrooms, 3.5 baths downstairs while the main suite is upstairs along with its sitting room, 2 walk-in closets, and spacious bath. The suite also features an expansive open-air deck, an ideal place to simply chillax. Its backyard pool, patio, and covered terraces are an absolute dream and perfect for al fresco dining and summer fun! Sited on a 20,000 SF lot with big circular drive + 2-car garage. The Islands of Cocoplum features a host of amenities and stunning streets and gardens. Priced for immediate sale.

Address: 7185 East Lago Dr, Coral Gables, Fl 33143

Price: $2,700,000

Photo credit: iUse Photography

For more information, please contact Mauricio J. Barba at 305-439-8311 or mauricio@miamisignaturehomes.com

Mauricio J. Barba is the exclusive agent representing the Coral Gables, FL real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

The post Sold ! Mauricio J. Barba Presents A Stunning Custom Home In Coral Gables appeared first on Haute Residence by Haute Living.

 Mauricio J. Barba Presents 

(--Sunrise to Sunset--) Dynamic waterfront point lot/cul-de-sac property with 180 ft frontage and deep water! Enjoy phenomenal sunrises over the bay to the east and the sunset up the channel to the west--all while being mesmerized by the watercrafts as they cruise on by. The 2-story Colonial features several sitting areas, elevator and impact windows/doors. It enjoys a downstairs bedroom with en-suite + powder room while the main bedroom is upstairs along with 2 bedrooms + hall bath. The home will merit updating or perhaps tear down and start anew. Items of note are a newer concrete seawall, 2 docks and the obvious NO BRIDGES to bay. Guard-gated Sunrise Harbour, with less than 100 homes, is in Coral Gables yet bordering Coconut Grove with its nearby village center only a bike ride away.

Address: 6938 Sunrise Ct, Coral Gables, FL 33133

Price: $4,500,000

Photo credit: iUse Photography

For more information, please contact Mauricio J. Barba at 305-439-8311 or mauricio@miamisignaturehomes.com

Mauricio J. Barba is the exclusive agent representing the Coral Gables, FL real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

The post Sold ! Mauricio J. Barba Presents A Dynamic Waterfront Home In Coral Gables appeared first on Haute Residence by Haute Living.

Stefano Balli presents

Amazing opportunity to work alongside the Balli Group in customizing this Tropical Modern Estate designed by renowned Architect, Giorgio Balli. Permit has been APPROVED and PAID; ready to begin construction.

The house will encompass +/- 9,000SF, 7 Bedrooms, 8 Full Baths, 2 Powder Bathrooms, Full-Home Smart System, Generator, Elevator, Climate Controlled Wine Cellar, Office/Media Room, Detached 3-Car Garage w/ Double Height for Lifts, Detached Guest House Suite, Oversized Master-Suite and much, much more!

Snapper Creek Lakes Club is one of the most prestigious gated communities in South Florida with 24/7 Security Guards and a Full-Service Marina. Membership Approval into Snapper Creek Lakes Club is required for the purchase of this property. $37,500 One-Time Fee ; $4,000 Annual Fee.

Address: 10840 Old Cutler Road, Coral Gables, FL 33156

Photo credit: Giorgio Balli AIA Architect

For more information, please contact Stefano Balli at 305-915-2572 or stefano.balli@compass.com

Stefano Balli is the exclusive agent representing the Ponce-Davis, FL real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

The post Stefano Balli Presents An Amazing Tropical Modern Estate In Coral Gables appeared first on Haute Residence by Haute Living.

April Donelson and Alirio Torrealba

Photo Credit: Romain Maurice

Haute Living presented the latest installment of its Haute Leaders Dinner Series in collaboration with MG Developer and Pedini Miami at the brand new Althea Row Residences in Coral Gables. Haute Living's exclusive network of the best of the best business leaders from multiple industries throughout the country continues to expand. The Haute Leaders Dinners consistently turn out to be magical evenings where these leaders of their respective industries can connect and network in a laid-back and pleasing atmosphere. The latest installment of the Haute Leaders Dinner, hosted in collaboration with MG Developer and Pedini Miami, was no exception.

MG Developer is based in Coral Gables and has been responsible for the development of "Biltmore Square" since its founding in 2015. MG Developer is committed to excellence and is proud to be part of the growth of "The City Beautiful". Their work with The Biltmore Square is a testament to the enhancement of the traditional beauty of the Coral Gables neighborhood.

Pedini Miami provides customers with Italian-designed furnishings of the highest standard and style. Their process gives clients the most personalized and trustworthy service in the industry while keeping them informed each step of the way. The Pedini Miami design team aims to create the ideal design solution, mixing superlative functionality and design, with top-spec materials for the ultimate living statement.

Alirio Torrealba, David Rousso, Seth Semilof

Photo Credit: Romain Maurice

MG Developer's recent Coral Gables project, Althea Row, was revealed in full display to all present at the Haute Leaders Dinner. The gorgeous multi-story residence that hosted the event served as the model home for residences in Althea Row. Guests were welcomed with glasses of wine as they appreciated the stunning setting that would serve as the evening's gorgeous backdrop.

Chef Manuel Garcia

Photo Credit: Romain Maurice

The gorgeous meal was provided courtesy of ZUCCA's Head Chef, Manuel Garcia. ZUCCA is located in the iconic Saint Michelle Hotel in Coral Gables. The Italian fine dining restaurant offers authentic regional Italian cuisine, artfully executed. As an appetizer, guests were served foie gras cylinders with quince puree, with prune and spiced brioche dust on the side. The entree for the evening was a beautiful braised wagyu beef cheek with truffle polenta. To cap off the spectacular meal, Chef Garcia provided an exquisite "dulce de leche" panna cotta with chocolate and hazelnut soil and coffee mousse.

Photo Credit: Romain Maurice

The evening resulted in a great experience where a community of industry leaders was able to connect and enjoy themselves in one of the most beautiful homes at the heart of Coral Gables.

April Donelson, Anita Tzinker, Daniel Tzinker and Seth Semilof

Photo Credit: Romain Maurice

Kirk Ivy and Elena Ivy

Photo Credit: Romain Maurice

Yvette Horsley, Andrea Gutierrez, Erik Haase, Emily Wriston, Stefano Balli

Photo Credit: Romain Maurice

Peter Ancona, Dr. Paul Durand

Photo Credit: Romain Maurice

Giovanna Ingletto and Guest

Photo Credit: Romain Maurice

MG Developer and Hinda Yassin

Photo Credit: Romain Maurice

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The $50 million development will be completed by 2024

Coral Gables’ most active developer, MG Developer is about to break ground on its newest enclave, Gables Village, a 48-unit Seville-inspired residential community that will pay homage to George Merrick’s legacy and history in the form of shaded tree-lined streets, plazas, parks, and fountains. MG Developer’s CEO, Alirio Torrealba, plans to revive George Merrick’s original vision for this parcel of the City Beautiful in a classic, yet modern way.

Located at 535 Santander Avenue, the $50 million village will consist of duplexes, townhouses, and condominiums set throughout 17 lots, replacing the existing rental apartments bordered by Malaga Avenue, Santander Avenue, Segovia Street, and Hernando Street. Inspired by Merrick’s seven villages, Gables Village will be built in a Mediterranean Revival-style Architecture, designed by De La Guardia Victoria Architects & Urbanists, and bordered by gardens inspired by the alcoves in the Plaza de España.
Now in its planning stage, Gables Village will integrate gardens and courtyards throughout an entire block, with 50 percent of the site expected to include lush landscaping and hidden parking garages featuring an artistic component that complements the entire Coral Gables area. The assembly of the project pays homage to the city’s past while building for modern-day luxurious comforts.

“As our projects evolve and move through the planning and design phase, we remain committed to working closely with the City of Coral Gables to deliver communities that fall in line with the City’s aesthetic values, which are truly rich in historic and cultural traditions,” added Torrealba. “Furthermore, we create welcoming homes from the inside out, and places that people from the entire community can enjoy and appreciate.”

The development will include townhomes, duplexes, lofts, flats, and an archway with raised residences above ground level, creating a distinct welcoming feeling into the Gables Village enclave. Units will vary in style and sizes including, one-bedroom flats to four-bedroom townhomes that range size, from 1,750 sq. ft. to 3,100 sq. ft. The village will also boast recreational amenities, including a multipurpose room, a pool, and a Wellness Center for residents to enjoy. Construction for the project will start in 2022 and will be completed in 2024.

MG Developer, led by Alirio Torrealba, is the City’s most active residential developer having completed its newest project, Althea Row, which nearly sold out in less than 90 days. MG will soon wrap up its Biltmore Square community, as it completes Biltmore Row, the 10 exclusive townhomes featuring a total of 5,561 square feet each, with elaborate coralina-stoned entryways that trace back to the heritage of classical design elements found in Spanish colonial architecture.

For more information, please visit www.MGDeveloper.com.

About MG Developer
MG Developer is a residential property development company based in Coral Gables, Florida. Led by Alirio Torrealba, the firm is a subsidiary of MG Capital and provides and implements a comprehensive array of real estate-oriented services, from concept creation and property site selection to project advancement. As a member of the Coral Gables community, MG Developer is committed to the beautification of the city and supports its Art in Public Places program, recently commissioning an original stone sculpture at Balboa Plaza called “A Midsummer Night’s Dream.” The firm is an advocate of public exhibitions throughout Coral Gables that enhance the area’s unique lifestyle and design and is also a proponent of philanthropic efforts and organizations that elevate the city’s standard of living, including the Coral Gables Community Foundation and FundaHigado.

The post MG Developer Plans To Break Ground On Gables Village, A 48-Unit Residential Community, Inspired By George Merrick’s Seven Villages appeared first on Haute Residence by Haute Living.

Sandra Fiorenza just closed on her listing 530 Arvida Parkway on Gables Estates on Tuesday, September 7th. The power couple Sandra and Randy Fiorenza started building this two-story Italian marble mansion in 2009 and moved in at the end of 2012. Randy is an aviation executive and owner of Pam Am flight academy. Sandra marketed and sold the house under her brokerage One Sotheby’s Realty.

This two-story Palatial/Neo-Classical Italian-style villa was designed by renowned architect Ramon Pacheco. The property is 43,123 sq. ft comprised of 14,500 square feet of adjusted living area and 4000 Square feet of covered terraces facing south on a wide Gables Estates lagoon with marble veneer walls and custom carved stone elements. The exterior is completely done in marble and custom carved stone elements throughout. The house has 8 bedrooms and 14 bathrooms, a wine cellar, a huge gym, two offices, 
and a covered outside kitchen.

The post Top Agent Sandra Fiorenza Closes On Her Beautiful Italian Marble Mansion In Coral Gables appeared first on Haute Residence by Haute Living.

Magnus Jennemyr presents

Renovated 1927 Historic Waterfront Estate with 100 linear ft on the water and no bridges to ocean. This home is the epitome of character, not the typical white box architecture. While it has all the modern and smart home functionalities along with generator, it was carefully restored keeping in mind its history as one of the first homes in Cocoplum, a Coral Gables premier, waterfront community.

Main house features 4 bedrooms and 2.5 bathrooms that can be easily expanded upon. Guest house features 1 bedroom and bathroom and main living room has the option for additional sleeping area. The combined home is 4,624SF and sits on 15,000SF of land with pool and a sea wall in great condition. Home can be sold turnkey and ready to move in with furniture at an extra fee.

Roof is leak free but should be replaced in the next few years. Home will also benefit from having impact proof windows. Located in phase 1 of Cocoplum, it has the advantage of a gatehouse, but is patrolled by Coral Gables Police Dept. Voluntary civic association with access to tennis courts for $600-$800/year.

Address: 155 Cocoplum Rd, Coral Gables, FL 33143

Price: $6,500,000

For more information contact Magnus Jennemyr at 786-200-8857 or magnus.jennemyr@engelvoelkers.com and Dana Lund at 703 408 3767 or dana.lund@evusa.com

Magnus Jennemyr is the exclusive agent representing the Coconut Grove, Florida real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

The post Magnus Jennemyr Presents A Historic Waterfront Estate In Coral Gables appeared first on Haute Residence by Haute Living.

Most recently, MG Developer partnered with home staging company Artefacto to put together a model apartment at their latest development - Althea Row. A mix of Mediterranean architecture with modernist finishes, Althea Row is a combination of the past and the present, creating a unique residence in the heart of the Gables.

“It's been different working with MG Developer on this,” says Pietro Bacchi, Third Generation of the Bacchi family who founded Artefacto. “And it was nice to see someone stray away from the white box/modern cube and go into the traditional Mediterranean. It was amazing for us because we got to showcase products that we usually wouldn't with finishes that aren't necessarily commercial, but they are beautiful. MG really did an amazing job finishing this as a home instead of a spec for sale.”

Located at 739 Almeria Avenue, Althea Row’s exclusive set of five townhouses is designed by Coral Gables-based De La Guardia Victoria Architects & Urbanists. Having recently opened its European-inspired model unit to much fanfare, Althea Row is inspired by George Merrick and original Gables architects H.George Fink, Phineas Paist, and Richard Kiehnel. The 3-story townhouses include four bedrooms, four bathrooms with one-half bath, a four-car garage, a private elevator, and private terraces with crafted loggias that bring the best of outdoor Gables living. Featuring 7,000 square feet of exceptional modern living, Althea Row starts at $3.8 million and has already sold its model unit.

“We’re thrilled to have introduced Althea Row to Coral Gables, a high-end community for those who appreciate the finest details of luxury living and lush surroundings of the City Beautiful,” said MG Developer CEO Alirio Torrealba. “Our goal is to always bring a sophisticated product that exceeds expectations while also complementing the aesthetic of the local community. It’s simply part of the fabric at MG Developer and a standard that we hold high.”

MG Developer is “building the city beautiful” and enhancing the Coral Gables neighborhoods with their luxurious residences. In all of their projects, they pursue a ceaseless quest for quality, value, and intelligent design which is reflected in the beauty of the Althea Row Residences.

As a member of the Coral Gables community, MG Developer is committed to the beautification of the city and supports its Art in Public Places program, recently commissioning an original stone sculpture at Balboa Plaza called “A Midsummer Night’s Dream.” The firm is an advocate of public exhibitions throughout Coral Gables that enhance the area’s unique lifestyle and design and is also a proponent of philanthropic efforts and organizations that elevate the city’s standard of living, including the Coral Gables Community Foundation and FundaHigado.

Althea Row, designed by Coral Gables-based De La Guardia Victoria Architects & Urbanists, indulges the senses with European-inspired luxury and craftsmanship. Inspired by George Merrick and original Gables architects H.George Fink, Phineas Paist, and Richard Kiehnel, the 3-story townhomes include four bedrooms, four bathrooms with one-half bath, a four-car garage, private elevator, and private terraces with crafted loggias that bring the best of outdoor Gables living. To book a tour, call 305.422.1189

The post MG Developer And Artefacto Come Together For Iconic Coral Gables Townhomes – Althea Row appeared first on Haute Residence by Haute Living.

Lourdes Alatriste presents

2021 Masterpiece located in one of only two private & gated Coral Gables communities. Set on almost 2 acres w 200' of water & direct ocean access, this magnificent estate has been meticulously designed for the most discerning Buyer. Spectacular soaring entry leads to six beds & 7 baths spread over 12,829 SqFt of la. Chef’s kitchen is an epicurean dream w gourmet kitchen featuring gas cook-top, cooking island, food warmer, double ovens & a large window overlooking pool & waterway. Covered terraces, 2nd story terraces, and expansive pool area featuring a fully equipped outdoor kitchen & dining area w a BBQ grill. Gym, indoor rock climbing wall, wine cellar, full home generator & 9car garage (w height for lifts) are some of the luxuries which make this estate one of a kind. (Adj SqFt 13,212)

Address: 9475 Journey's End Road, Coral Gables, FL 33156

Price: $29,900,000

Photo credit: LuxHunters

For more information, please contact Lourdes Alatriste at 305-926-5322 or Lourdes.Alatriste@elliman.com

Lourdes Alatriste is the exclusive agent representing the Coral Gables real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

The post Lourdes Alatriste Presents A Magnificent Meticulously Designed Estate In Coral Gables appeared first on Haute Residence by Haute Living.

Stefano Balli is the exclusive member of the Haute Residence Network representing the area of Ponce-Davis, Florida.

Stefano Balli

How did you get into real estate?

I grew up around real estate and construction. My Father being an architect and builder and my Mother a broker at the time, I would spend every Sunday at open houses or scouring the neighborhoods looking at different properties, and my summers were spent on the construction sites or in my Father's office. I like to say it's in my blood. My upbringing created a strong passion for real estate over the years, specifically for architecturally significant properties. I believe my experience in design and construction has enabled me to stand out in the competitive industry.

 What trends have you seen in South Florida real estate in the past few months?

I think we've seen a significant flocking to South Florida. People are looking for larger spaces, quality construction, thoughtful and unique design, open floor plans, along with at-home amenities such as gyms, offices, and detached guest houses. I think the recent experience has created an entirely new meaning to what "Home" really is. The homes I've had the pleasure of selling create an experience for my clients - they have everything they need at home. 

What has been one of your favorite homes to represent the seller and/or buyer and why?

Hammock House was a very special project for me in representing our Firm. The home was thoughtfully designed around a natural hammock and its surrounding 80+ oak trees. We were able to maximize the lot's usable area and simultaneously maintain its strong connection to nature, preserving most of the vegetation on the property. The home is sprawled on just under an acre and roughly 12,000SF.

The post Get To Know Stefano Balli, Vice President Of Miami Based Design-Build Company Balli Group appeared first on Haute Residence by Haute Living.

Pedini x Carolina Freyre Project

Photo Credit: David Rousso

Pedini Miami is excited to announce its new Modern Farmhouse project in Ponce Davis. The luxury real estate project is being developed as part of a special collaboration with award-winning construction company Mocca Group and renowned interiors designer Carolina Freyre.

The home aims to create a sophisticated yet organic and natural atmosphere with a contemporary take on a traditional, rustic style. Modern Farmhouse will include the latest in design trends for modern living spaces, including open floor plans, large windows to bring plenty of light into every space and outdoor areas, including terraces and garden patios.

Photo Credit: David Rousso

Pedini Miami was tasked with creating a kitchen and dining area that combined the home's unique country-inspired style and modern features for functionality. They delivered with an open kitchen space that features blue matte lacquer with glass features.

In addition to furnishing the kitchen and dining area, the team at Pedini Miami also helped design the home's spacious living room bar, creating a warm and welcoming place to entertain and relax with friends, family and guests.

Photo Credit: David Rousso

Photo Credit: David Rousso

Photo Credit: David Rousso

The luxury home is situated in the Ponce Davis neighborhood, which is considered one of the most exclusive areas in all of South Florida. Known for being home to people like Alex Rodriguez and the Bacardi family, Ponce Davis features beautiful tree-lined streets, majestic architecture and a vast amount of green spaces near beautiful Biscayne Bay.

Once completed, the Modern Farmhouse residence will be a prime example of harmoniously integrating traditional styles and modern architecture while maintaining a sense of uniqueness.

More information about the project can be found by visiting the firms' websites:

PediniMiami.com, CarolinaFreyre.com and moccaconstruction.com.

The post Pedini Miami Announces New Ponce Davis Project appeared first on Haute Residence by Haute Living.

They were hosted by Haute Living Senior Vice President April Donelson. Watch the full webinar below.

Highlight quotes:

Howard Levine: “It is an interesting mix of our buyers. A lot of folks relocating from the New York area are coming into Coral Gables right now. What we are seeing is much more velocity and it is also spurring a lot of people looking to jump into that game. There seems to be present demand and people betting on future demand too.”

Dmitry Levkov: “Coral Gables presents an opportunity for families to enjoy what we call an easy living. It is a walkable city and it is very stable city from the economic standpoint. Prices have been very steady throughout its history. What attracted us to particularly to the MG Developer is their ability to create an oasis inside of Coral Gables. We think that they that the developer is very thoughtful and they really take care of every little detail.”

Patrick O'Connell: “The vision was to create a relatively low-density multifamily district adjacent to the downtown core Coral Gables, which created the walkability for the residents. The other components to Biltmore Square right now, Beatrice Row and Althea Rowe are concurrently being built. Those are the next two phases that are under construction and there is tremendous interest in those units right now to replace a single-family home with a large unit in either a condominium or a townhome.”

Julian Perez: “Coral Gables is a plan community in every aspect of the word. Based on the same concept of the late 1890s and early 1900s, the city has a strong financial footing on a city-wide strategic plan for every department. We plan on building upon our strong foundation to enhance the amenities and infrastructure that our residents, visitors and working professional benefit from.”

Aura Reinhardt: “Vibrancy has been one of the key elements here. Many of you know that coral gables continues to be a desirable destination. It always has been and continues to be such and it is based on many unique attributes that both the locals and tourists love, come here for, and enjoy. We need to be innovative and relevant. We have to continue to change with the consumer. Consumers are looking for a combination of creative marketing activities in their town as well as experiences.”

To watch more real estate webinars curated by Haute Residence, visit dev.hauteresidence.com.

The post Haute Residence Presents The Future Of Luxury Real Estate In Coral Gables In A New Era appeared first on Haute Residence by Haute Living.

Dan Hechtkopf & Marci DeClaris present

Located behind the gates of the exclusive Tahiti Beach, this stunning Bayfront Mediterranean estate features unparalleled bay views overlooking Downtown, Key Biscayne and Biscayne Bay. One of 27 homes in this private community, this impressive estate offers 150ft of water frontage, suitable for your 90 yacht. Striking entrance with 23 ceilings & soaring windows looking directly on to the pool & bay. Main level includes an office/library, elevator, media room w/ wet bar, guest bedroom with ensuite bath. Kitchen cabinetry by Clive Christian, Wolf and Sub-Zero appliances, home gym & separate Primary Suite w/ a private terrace overlooking the bay. Resort-style pool with summer kitchen & full cabana bath. A rare opportunity to own directly on the bay with the most breathtaking views in Miami.

6Beds, 7Baths, 1Half Bath

Address: 19 Tahiti Beach Island Rd, Coral Gables, FL 33143

Price: $25,000,000

For more information, please contact Dan Hechtkopf & Marci DeClaris at 305-323-3247 and dan.hechtkopf@elliman.com or 305-498-2755 and marci.declaris@elliman.com

Dan Hechtkopf & Marci DeClaris of the Eklund Gomes Team at Douglas Elliman are the exclusive agents representing the Mid Miami Beach / Sunset Island, FL real estate market as a member of the Haute Residence Real Estate Network. View all of their listings here.

The post Dan Hechtkopf & Marci DeClaris Presents An Exclusive Bayfront Mediterranean Estate appeared first on Haute Residence by Haute Living.

Marc Anthony

Photo Credit: Shutterstock

The three-time Grammy-winning artist purchased his Coral Gables mansion in 2018 for $19 million. Anthony bought the home from Hilda Maria Bacardi, great-great granddaughter to the founder of the titular liquor company, who spent eight years overseeing its construction. In 2016, the finished home was listed on the market for $27.26 million. A year later, the price was reduced to $25 million before Anthony purchased the property at an even lower price of $19 million.

Anthony’s real estate journey has come full circle as he bids farewell to his former home. In September of 2020, the Coral Gables property was listed at $27 million. When the steep asking price failed to attract potential buyers, the cost was lowered to $22.4 million and the deal was closed.

Designed by Rafael Portuondo, the 20,546 square foot mansion spans 1.3 acres and features 12 bedrooms, 13 full bathrooms, and two powder rooms. The Mediterranean style interior highlights a lavish living space, formal dining room, family room, eat-in kitchen with dual islands, and butler’s pantry. The master suite presents a seating area and two bathrooms. Decorative elements of the home include coffered ceilings, arched doorways, and windows with natural lighting pouring into every room. Other perks include an elevator, wine cellar, gym, and staff quarters. The property set on the exclusive Islands of Cocoplum offers scenic views of the Coral Gables Waterway and gardens. Outdoor entertainment options include a summer kitchen, covered terraces, a heated pool, and a spa.

Chad Carroll with Compass represented the buyer while Anamaria Velasquez with Nexxos Realty represented the seller.

For more on the latest in luxury real estate, visit dev.hauteresidence.com.

The post Marc Anthony Sells Coral Gables Estate for $22.4 Million appeared first on Haute Residence by Haute Living.

Photo Credit: Pedini Miami While traditional wood and glass take center stage in most closets today, technology is the star of the Gemini closet collection. Gemini closets offer the latest advancements in functionality and style, from versatile rack solutions to hi-tech lighting, effectively putting them several steps ahead of the competition.

The Gemini collection's most prominent feature is its sophisticated lighting system, which gracefully makes every detail stand out as soon as you walk in. The soft, warm LED lighting is not only stylish and sophisticated, but it's also customizable and energy-efficient as well.

Photo Credit: Pedini Miami In addition to hi-tech lighting, Pedini's new closets also offer extremely versatile rack solutions so that you can adapt your space to your vision and needs. They can be adjusted to any height you need, so they are perfect even if your ceilings aren't high enough. With a Gemini closet, you can easily create the closet of your dreams without sacrificing any space.

Gemini closets perfectly embody Pedini's signature look in terms of style, which combines elegance and luxury in every item. The Gemini collection's closure mechanisms feature sleek sliding doors, while the cabinets are made with Flamed Oak wood accents, which pair beautifully with the metal-grey aluminum finish. This aesthetic is enhanced even further by the large mirrors designed with a smoky glass effect.

Photo Credit: Pedini Miami Ready to Upgrade Your Closet Space Today?

To learn more about Pedini's luxury Gemini closets, call them at 305-998-1417 or visit their showroom in Coral Gables, FL.

Website: http://www.pedinimiami.com
Instagram: @pedinimiami

The post Poise, Sophistication, and Style: The Gemini Collection appeared first on Haute Residence by Haute Living.

Today, they are taking Haute Design through their recent project The Hammock House. 

Photo Credit: Balli Group

Nestled in the gated community of Hammock Lakes lives Hammock House, a stunning Tropical Modern Custom-Home curated by renowned Architect + Builder, Giorgio Balli. The home sits deep into the site surrounded by several mature oak trees and its neighboring Hammock, guarded by a 6’ property wall.

Photo Credit: Balli Group

Hammock House was created with the intent to blend into its native landscape, voiding the line between exterior and interior spaces while prioritizing one’s privacy.

Photo Credit: Balli Group

The home boasts large living spaces embellished with imported marble, granite, and custom woodwork, encased by floor-to-ceiling windows welcoming natural light.

Photo Credit: Balli Group

Photo Credit: Balli Group

To learn more about the Balli Group and their recent projects you can visit their profile here.

The post Balli Group Takes Haute Design Through Their Most Recent Project – The Hammock House appeared first on Haute Residence by Haute Living.

Jay Parker, CEO of Douglas Elliman Florida; Lourdes Alatriste; Gus Rubio, President and COO of Douglas Elliman Florida

Photo Credit: Andres E. Caceres

The Haute Residence Network representative of the Coral Gables and Key Biscayne areas welcomed industry insiders, brokers, and executives to one of the most impressive new constructions to hit the single-family market in quite some time. Francis Suarez, Mayor of the City of Miami, was in attendance virtually and got a personal tour from Alatriste.

Jorge Plasencia, Lourdes Alatriste, Dr. Alfredo Murciano. Mayor Francis Suarez of the City of Miami appears by video call.

Photo Credit: Courtesy of Douglas Elliman

"It's an honor for me to be representing this property," said Alatriste. "Not only does this property offer the Buyer something unique, fresh and chic, it also offers the opportunity to live in one of Miami's most renowned streets. The ability to be at the right location is priceless."

Photo Credit: Courtesy of Douglas Elliman

Photo Credit: Andres E. Caceres

The house is a spectacular Tropical Modern masterpiece set within a lush botanical garden behind a custom coral rock wall and gate. It was designed by acclaimed architect Gabriel Lopez and built by Lucid Design Build.

Photo Credit: Andres E. Caceres

Photo Credit: Courtesy of Douglas Elliman

With top-quality finishes, fixtures, and attention to detail, this home in the northernmost point of the Grove is amply served and detailed by the shades of the trees behind Vizcaya Gardens.

Photo Credit: Courtesy of Douglas Elliman

Double-height ceilings and walls of glass blend together for a perfect indoor/outdoor setting on the upper level that includes a custom Brazilian kitchen by Armazem, and an outdoor barbecue station adjacent to a pool and jacuzzi combo in a design that rivals five-star resorts in the world's most remote locations.

Photo Credit: Andres E. Caceres

Photo Credit: Courtesy of Douglas Elliman

The formal dining table is a work of art, with a canyon-like design that is guaranteed to impress guests of the soon-to-be-determined owners.

Photo Credit: Andres E. Caceres

Photo Credit: Andres E. Caceres

The downstairs features a grand master suite and secondary bedrooms, an ultra-chic living room, gym, and movie theater. Outside is the entrance that allows multiple Haute Autos to park comfortably, and lush gardens in the backyard.

Photo Credit: Andres E. Caceres

Photo Credit: Andres E. Caceres

For more information, please contact Lourdes Alatriste at 305-926-5322 or Lourdes.Alatriste@elliman.com

Lourdes Alatriste is the exclusive agent representing the Coral Gables and Key Biscayne, Florida real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

Jackie Valdes-Fauli, Andrew Rasken of Lucid Developers

Photo Credit: Andres E. Caceres

Photo Credit: Courtesy of Douglas Elliman

Photo Credit: Andres E. Caceres

The post Lourdes Alatriste Hosts Exclusive Open House And Gives Mayor of Miami Francis Suarez A Virtual Tour appeared first on Haute Residence by Haute Living.

In addition to the great wine and food, the event was filled with memorable moments captured in the photos below as well as this video on the Pedini Miami website. We are already looking forward to another amazing event once things go back to normal. We hope you can join us then!

The event was held in our Coral Gables showroom and featured a wine tasting and presentation from Taylor Gang.

Guests were treated to some of the finest European wines while they toured our showroom and met some of the most prominent figures in Miami’s real estate and design industries.

Guests included luxury realtors, a team from Miele Appliances, and renowned designers and architects from South Florida. Pictured above: David Rousso Jr., David Rousso Sr., and Christian Gonzalez.

Of course, no wine night is complete without cheesy bites, cured meats, and finger foods.

To learn more about Pedini Miami, our showroom, and future event opportunities, feel free to get in touch with our customer support team. And make sure to follow us on Instagram @PediniMiami to learn when we’ll host our next social event!

Photo credit: Johanna Altamirano

The post Pedini Miami Celebrates Wine & Bites Event Featuring The City’s Biggest Names In Real Estate And Design appeared first on Haute Residence by Haute Living.

Althea Row interior

Opening soon in the city’s brand-new Biltmore Square community off Anderson Road and Valencia Avenue, Althea Row evokes a new standard of luxury residential living in the City Beautiful that is unmatched in its architectural designs and interior finishes. Offering an exclusive set of five residences that are close enough to Downtown Coral Gables’ renowned amenities yet tucked away near the Granada Golf Course and the city’s tree canopies, Althea Row – named after the mother of Coral Gables founder George Merrick – is a product of the original design and vision for the City Beautiful that honors its past while shaping its future.

Althea Row is more than just a beautiful living space that includes three floors with a private elevator and 4 car garage. Each 4-bed and 4.5-bath residence makes it unique and functional with an array of high-end finishes. A practical layout starting with a beautiful front garden, a coralina porch, balconies and an expansive terrace flow from an elegant kitchen in the heart of your home. Transitioning to the outdoors from its luxurious dining area, the majestic loggia set along the home’s terrace allows you to enjoy Coral Gables’ tropical weather, placing you in a relaxing and secluded retreat.

Built with sophisticated stone coral architecture, brown clay barrel roof tile, a cast aluminum balustrade in a dark walnut finish and exterior copper lanterns that greet residents with the warmest of welcomes, Althea Row’s elements derive from the distinct Spanish colonial architecture designed by the award-winning Maria de la Guardia. Drawing upon traditional and streamlined classical, regional and contemporary influences to reflect authentic details and proportions, each residence brings a sophisticated sense of place for the 21^st century.

Coral Gables, FL

Taking it beyond anything else offered in Coral Gables, Althea Row is only a few minutes away from the celebrated Gables Waterway, originally navigated by George Merrick. This, and other recreational amenities abound near Althea Row, such as the elegant Biltmore Hotel and its 23,000-square-foot swimming pool along with its 18-hole championship golf course designed by Donald Ross. Also, just a short distance is the historic Venetian Pool, designed with a Mediterranean Revival style and serving as the largest freshwater pool in the United States.

Whether out on the town or at home, Althea Row’s dynamic location and thoughtful design easily complement the city’s appeal and a lifestyle that modern urban dwellers look for in a home. With so much to offer, Althea Row truly raises the standard in classic Gables living.

Once you take a look, you’ll agree… the renderings are worth 1,000 words, but the real thing says everything. To book your tour of Althea Row’s new model residence, call 305.422.1189 or visit MG Developer’s sales office at 718 Valencia Avenue, Coral Gables, FL 33134. Follow on Instagram at @BiltmoreSquare and @MGDeveloper, Facebook @MGDeveloperCoralGables, and Twitter @MG_Developer.

Photos courtesy of MG Developer

The post Raising The Standard In Classic Coral Gables Living appeared first on Haute Residence by Haute Living.

"One of the most interesting aspects of this deal was that it was all done virtually with both the buyer and seller," says Ingletto. "We literally sold it over Facetime. This shows how being efficient and tech-savvy, combined with having a team of professionals, can go a long way nowadays. With that combination, we are able to execute the sale of any type of property, and the clients don't need to be present at all. They can be anywhere in the world... as long as they have strong wifi and a phone!"

About the home:

On a 45,738 SF lakefront lot sits a stunning 8,909 SF Mediterranean-type home. This special home is located in the sought-after, private gated community of Hammock Lakes. With breathtaking views of the tranquil lake as soon as you walk into the foyer. Stunning custom-built house with 6BD/7.5BA, gorgeous pool, summer kitchen, cabana, private dock, children's play area, terrace, 3-car garage. Other amazing finishes include surround sound throughout & Lutron lighting system.

6 Beds | 7.5 Baths | 7,623 Living Sqft | 45,738 Lot Sqft | 3-car garage

For more information, please contact Roberta Ingletto at 305.778.7343 or roberta@rgirealty.com

Roberta Ingletto is the exclusive agent representing the Pinecrest / South Miami, FL real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

Photos courtesy of RGI Realty

The post Roberta Ingletto Sells $6 Million Lakefront Home In Coral Gables appeared first on Haute Residence by Haute Living.

Jennifer Nicole Lee presents

This two-story neo-classical Italian-style villa can be described as nothing short of palatial. Designed by architect Ramon Pacheco, the Florida dream home was custom-built by the current owners to a whopping 18,000 square feet. Its width spans the waterfront of the Gables Estates lagoon, with marble-veneer walls and custom carved stone elements throughout. In fact, there's so much marble that $3 million of it was installed, along with amenities like a huge master suite with dual two-person baths, with huge walk-in closets, five additional en-suite bedrooms, and a two-bedroom "staff quarter" you can call a guest suite.

Check out the custom-crafted kitchen with "butlers pantry," the 600-bottle custom wooden wine cellar, and library-office with a fireplace and private side entry. There's also an enormous gym with a full bath. The 200 feet of seawall leads to a 140-foot dock. The home is listed by the owner, Sandra Fiorenza of One Sotheby's International Realty, by appointment only.

Address: 530 Arvida Pkwy, Coral Gables, FL 33156

Price: Available upon request

Photo credit: Courtesy of Sandra Fiorenza

For more information, please contact Jennifer Nicole Lee at 786-516-6636 or jlee@onesothebysrealty.com

Jennifer Nicole Lee is the exclusive agent representing the Downtown Miami, FL real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here

The post Jennifer Nicole Lee Presents A Waterfront Coral Gables Estate appeared first on Haute Residence by Haute Living.

Marulanda, CEO of Luxury Homes Connect at ONE | Sotheby’s International Realty, says, “these are deals that mark the start of a new era in Miami. It’s exhilarating to represent America’s wealthiest individuals and help them navigate this new landscape while achieving record-breaking sales for our sellers in Miami, which seems to be the world’s hottest city for relocation right now.”

The new owners will enjoy over 6,000 of indoor square feet of this South Florida gem while having access to the services and amenities of a 5-star resort at the Ocean House. With five bedrooms and six bathrooms, the home is on 7,197 square feet of lot size. It also has two sunrise terraces, one sunset terrace, a movie theater, and a glass-encased Wine Vault enclosing a hidden home office.

"The Beach House is a two-story residence within a boutique building that has the whole space and feel of a single-family home," adds Marulanda. "It's what I call the ultimate hybrid property because it can satisfy the safety, privacy, and amenities of a secure building. As much as the single-family market is absolutely killing it and stealing the show, there are a lot of people who come from cities used to being in condos and the families sometimes don't feel as secure and comfortable without having the assets that a building has. This property, you cannot make it up. There is nothing like it in South of Fifth which is such an elite neighborhood.”

For more information, please contact Paola Marulanda at +1 305 496 0359 or paola@paolamarulanda.com

Paola Marulanda is the exclusive agent representing the Miami Beach Islands, FL real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

Photo credit: Lifestyle Production Group

The post Paola Marulanda Closes Sale Of The Beach House In SoFi appeared first on Haute Residence by Haute Living.

As a sponsor of Illuminate Coral Gables, MG Developer is honored to help elevate the city’s culture and history while setting it apart from any other place else in South Florida.

Photo Credit: MG Developer

Illuminate Coral Gables (ICG), one of South Florida’s most transformative public art initiatives with gleaming art, is that bit of magic. Operating under the Coral Gables Community Foundation and supported by MG Developer, ICG takes the intentional use of light and technology to transform public art by day into inspiring works at night. Curated by Lance Fung with Catherine Cathers, Jennifer Easton and Rosie Gordon-Wallace, ICG is created for specific outdoor locations throughout Coral Gables, adding an element of intrigue and sophistication that residents can enjoy during an evening stroll or meeting with friends and family for a night out.

“Coral Gables has always had something different that makes it one of the most dynamic and interesting places to live, work and play,” says MG Developer CEO Alirio Torrealba. “We’re here to build beautiful residences that complement the city’s design, but we’re also here to create world-class communities and support local businesses that make this The City Beautiful. The people are what make this community, and it’s our pleasure and honor to be a part of this initiative that elevates the city’s culture and history while setting it apart from any other place else in South Florida.”

Photo Credit: MG Developer

On display from February 12 to March 14, ICG brings eight fantastic projects including video projections, sculpture and art installations by a stellar group of 15 local, national and international artists including Kiki Smith and Cai Guo-Qiang.

Smith’s project, Blue Night, brings 42 suspended mirrored renderings of animal constellations from both the Northern and Southern Hemispheres over Giralda Plaza, a pedestrian-centric shopping corridor with unforgettable restaurants and music performances. Reflecting light through transparent blue backgrounds and holographic vinyl that denotes the stars comprising each constellation, the piece has an Augmented Reality (AR) component that enables viewers to see ghosted constellation images and asterism on their devices throughout the day and night, offering a unique conversation piece before or after dining at Giralda’s fine restaurants.

Cai Guo-Qiang’s Fireflies, making its debut in South Florida, is an interactive and mesmerizing public artwork with lighted pedicabs that roam through the city’s downtown, adding color and joy with handmade Chinese silk lanterns. Based out of Giralda Plaza and Miracle Mile, guests can enjoy riding through a mobile work of art and seeing Coral Gables from a new perspective, taking in its classic architecture, modern boutiques, and effortless lifestyle.

With an extensive variety of functional art in and around the city’s business district, Coral Gables is having a shining moment in culture and community, inviting everyone to visit and make their home in what continues to be the City Beautiful.

Photo Credit: MG Developer

MG Developer is a residential property development company based in Coral Gables, Florida. Led by Alirio Torrealba, the firm provides and implements a comprehensive array of real estate-oriented services, from concept creation and property site selection to project advancement. MG Developer has reignited George Merrick’s vision of Building Beautiful as a member of the Coral Gables community and is committed to the beautification of the City and supports its Art in Public Places program.

In December of 2018, MG Developer dedicated an original stone bench, “A Midsummer Night’s Dream” to the City of Coral Gables at the inaugural dedication to the City’s Art in Public Places, Public Art in Private Development program, furthering MG’s mission of enhancing arts and culture in the community. Soon, it will add another piece of public art in the City’s Balboa Plaza. With a resurgence of art and culture, Coral Gables is showing its neighboring cities and global guests that it can also offer a trove of creativity that produces an array of works found nowhere else in South Florida. For additional information, visit www.mgdevelopermiami.com.

The post Radiating Light in Coral Gables! appeared first on Haute Residence by Haute Living.

Sandra Fiorenza present

Two-story Palatial Italian marble Mansion in prominent Gables Estates, Coral Gables, Florida. This 43,123 sq. ft property faces south out onto a large Lagoon opening. The property is 18,073 total sq. ft, comprised of 14,443 adjusted living area, 2,888 sq. ft first floor covered terrace and 1,122 sq. ft second floor covered terrace area, and an 847 sq. ft garage. This amazing residence was designed by famed architect Ramon Pacheco. The exterior is completely done in marble and custom carved stone elements throughout. Specifications for the property are as follows:

• Huge Master Suite with his/her bathrooms with large walk-in closets and wet bar
• Additional 5 en suite bedrooms and another 2 bedrooms separate staff quarters
• Total of 9 Full Bathrooms and 5 Half bathrooms
• 3 car air-conditioned garage
• Exquisite Venetian Plaster with carved plaster moldings throughout
• Large Double Gate entrance driveway with 2” thick marble pavers on concrete slab
• Entry courtyard with wall fountains and matching large planters
• 2 Story grand foyer with grand stairs and double crystal chandeliers
• Formal living room with covered terrace and fireplace
• Formal dining room with covered terrace
• Family room with adjacent study and powder bathroom
• Custom crafted kitchen with butlers pantry open to family room, Viking and Sub Zero appliances
• Service entrance and stairs off kitchen
• Covered outside kitchen with powder bathroom and storage
• 600 bottle custom wine cellar off foyer with Sub Zero’s.
• Library/Office with fireplace and powder room with private side entry, open terrace with walk-up ramp
• Gym with full bath, covered terrace, overlooking a 12 person spa, fireplace with custom marble mantel
• Piano bar and media area with adjacent powder bath
• Upstairs intimate family/playroom with powder bath
• Separate laundry with two huge staff bedrooms
• Infinite edge pool overlooking an oversize gas fire pit and elegantly designed landscape by Architect Orlando Comas
• 200 Feet of new seawall with elevated cap and 140 feet of dock, (2) 200 amp electric service.
• Huge Air Condition attic for storage use
• Swarowsky Crystal chandeliers and Imported Alabaster light fixtures and throughout with LED bulbs
• Entire house on a Lutron lighting system
• Lutron automatic blackout shades in all bedrooms
• Sophisticated security system with 32 cameras and water sensors
• Phylrich elegant gold bathroom fixtures
• 12 zone air conditioning, high-efficiency Trane 2 speed unit, with Clean Effects (removes 99.98 of airborne allergens), UV bulbs, build to commercial standard with metal ducts
• 800 amp electric service, with a back up 125 KW whole house generator, 2,000-gallon propane supply with auto switch over
• Concrete Roof System by WRCS (Wind Resistance Concrete Systems)
• Italian windows by Korus with 7 point locking doors and increased glass thickness to 9/16 UV glass
• Oversized Residential Elevator
• Marble floors throughout entire house

The post A Neoclassical Marble Mansion In Coral Gables By Sandra Fiorenza appeared first on Haute Residence by Haute Living.

In 2015 a new developer to Coral Gables broke ground on his first luxury project, Biltmore Parc. In 2017, it announced that one of the first of a number of their Coral Gables-based developments, the townhouse community on Valencia Avenue was 100 percent sold out. In December of 2020, MG Developer, a company founded by Alirio Torrealba, began building its 8th property in the city and despite the pandemic, MG’s mission for the City Beautiful never wavered. In fact, MG Developer remained focused on building beautiful homes that provide authentic sophisticated luxury living without compromising any detail. Since the company’s first project, they have been creating a number of new developments that not only complement the city’s character, but that truly elevate its standard of living in a variety of ways.

Biltmore Row’s distinct façade

Photo Credit: MG Developer

During these changing times, the company has been diligently working at finalizing its master-planned community -- Biltmore Square, a modern addition to the classic charm of Coral Gables, which will be completed in 2022. “Our new townhome residences in Coral Gables’ Biltmore Square enclave are the perfect place for newcomers to settle in and enjoy warm weather, ample indoor and outdoor space, all while being in proximity to the city’s core of luxury lifestyle amenities,” says Alirio Torrealba, CEO and Founder of MG Developer. From golf to shopping and dining, residents of Biltmore Square get to enjoy all the privileges of sophisticated living.

Ron Shuffield, President and CEO of Berkshire Hathaway Home Services (BHHS) EWM Realty, the highly-respected realty company now leading sales and marketing for MG’s Althea Row and Biltmore Row, said, “MG Developer has done remarkable things and is an integral part of the Coral Gables community. We look forward to watching the company’s vision for the city evolve.” The realty company that has been seeing a great deal of interest from Northerners, believes MG’s developments are a match for those looking for an ideal location, luxury living, privacy as well as access to shopping, dining and cultural attractions.

MG Developer has reignited George Merrick’s vision of Building Beautiful with the dedication of “A Midsummer Night’s Dream” to the City of Coral Gables. This original stone bench is the inaugural dedication to the City’s Art in Public Places, Public Art in Private Development program, furthering MG’s mission of enhancing arts & culture in the community. Balboa Plaza, where the bench is located, is situated across from the Biltmore Square community. In the background is MG’s award-winning Beatrice Row development.

Photo Credit: MG Developer

MG’s stunning residences at Biltmore Square include: the 32-unit Biltmore Parc, the award-winning nine-unit Beatrice Row, the five-unit Althea Row (coming this year) and the 10-unit Biltmore Row (coming 2022), are all within walking distance of Downtown Coral Gables yet secluded enough to enjoy the area’s lush landscapes and quaint neighborhood. Offering a modern, yet classic flair to the city’s international architecture, Biltmore Square’s Georgian-style blocks mark the community’s latest addition of luxury townhomes in Coral Gables.

The latest collection of combined 15, 4-bedroom/4.5 bath elevatored residences – ten at Biltmore Row, and five at the adjacent Althea Row, are ideally located on the tree-lined Anderson Road in Coral Gables. The grand, oversized townhomes range from 4,500 square feet to 5,500 square feet, and are priced starting from $3.4 million. These residences present a unique opportunity to enjoy living in walking distance to the Giralda Plaza, Miracle Mile, Riviera Country Club, and The Biltmore Hotel.

All of MG’s contemporary enclaves offer their own unique charm and distinct design elements. In Coral Gables, MG developed Valencia Townhomes, The Ponce, Villa Blanc, and the first phase of Biltmore Square, which includes Biltmore Parc and the award-winning Beatrice Row residences. MG is now building Biltmore Row and about to finalize construction on Althea Row.

Biltmore Row’s kitchens seamlessly transition outdoors

Photo Credit: MG Developer

Currently, MG Developer is the most active developer in Coral Gables. Most recently, Colliers International announced that a finance team led by Jeffrey Donnelly and Dmitry Levkov structured more than $16 million in equity financing for the combined 15 residences of Biltmore Row and Althea Row.

MG Developer’s role in supporting the Coral Gables lifestyle through distinct residences and unique art has brought an added layer of originality to the city’s charm and appeal for all residents to enjoy. It’s all part of the vision to building beautiful. “Our vision was and still is to establish enclaves within this historic city and create the next chapter for residents to take part in” concludes Torrealba.

For more information, visit: www.mgdevelopermiami.com or 718 Valencia Avenue, Coral Gables, FL 33134, 305.460.6719 #BuildingCityBeautiful

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Roberta Ingletto presents

Situated on a 45,738 SF lakefront lot sits this beautiful 7,623 SF Mediterranean home. From the moment you walk into the home you are welcomed with a stunning view of the tranquil lake, instantly bringing you a sense of peace and awe.

Custom-built, this home has an amazing layout with 6 bedrooms and 7.5 baths, walk-in closets, luxurious master bath, terraces, 3-car garage, Lutron lighting system & surround sound. The perfect home to entertain friends and family with a gorgeous pool, cabana, summer kitchen, children's play area, private dock, and access to the lake where you can swim, paddleboard or kayak!

The Neighborhood:
Located in one of Coral Gables' most sought out neighborhoods, Hammock Lakes: a private, gated community, with security 24/7. Ideally situated, the house is minutes away from top schools, local hotspots, shops, Coconut Grove, and more.

Address: 8817 Hammock Lake Dr, Coral Gables, FL 33156

Price: $6,495,000

For more information, please contact Roberta Ingletto at 305.778.7343 or roberta@conciergebrokers.com

Roberta Ingletto is the exclusive agent representing the Pinecrest / South Miami, FL real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here. 

Photo Credit: Courtesy of Concierge Realty Brokers

Photo Credit: Courtesy of Concierge Realty Brokers

Photo Credit: Courtesy of Concierge Realty Brokers

Photo Credit: Courtesy of Concierge Realty Brokers

Photo Credit: Courtesy of Concierge Realty Brokers

The post A Lakefront Home In Coral Gables By Roberta Ingletto appeared first on Haute Residence by Haute Living.

Photo Credit: World Red Eye

With a select number of brokers and agents present and under safety guidelines, Marulanda presented the two-story home in all its splendor on a classic Miami Beach afternoon.

No expense was spared for the event. Marulanda paired with local legendary restaurant Joe's Stone Crab for catering, Dom Perignon for the toasts, and World Red Eye to record and publish the festivities, ensuring maximum property exposure. Custom invitations were sent out for the curated guest list. Marulanda, the listing agent of The Beach House, is the founder and CEO of Luxury Homes Connect, presenting top properties in Miami.

"The Beach House is a two-story residence within a boutique building that has the whole space and feel of a single-family home," she says. "It's what I call the ultimate hybrid property because it can satisfy the safety, privacy, and amenities of a secure building. As much as the single-family market is absolutely killing it and stealing the show, there are a lot of people who come from cities used to being in condos and the families sometimes don't feel as secure and comfortable without having the assets that a building has. This property, you cannot make it up. There is nothing like it in South of Fifth which is such an elite neighborhood."

Photo Credit: World Red Eye

About The Beach House

Welcome to The Beach House at Ocean House, the Crown Jewel of SoFi. The Beach House is a 2-story property unlike any you have seen in Miami’s most coveted neighborhood, designed and decorated by the world-renowned Steven G, and filled with permitted upgrades that were grandfathered in and will never be approved again while offering unparalleled surveillance, security, and privacy unlike any other property in the area. With over 6,000 square feet under AC, this hidden gem has the space and feel of a single-family home with the services and amenities of a 5-star resort. The property boasts 30 feet of glass that opens just steps from the private beach services awaiting you and features 2 sunrise terraces, 1 sunset terrace, a movie theatre and a glass-encased Wine Vault enclosing your hidden home office.

5 bedrooms, 6 bathrooms, 6,009 sq. ft. of living area, 7,197 sq. ft. lot size, MLS #A10867064MLS

Address: 125 Ocean Dr #U-0201, Miami Beach, FL 33139

Price: $15,000,000

Photo Credit: World Red Eye

For more information, please contact Paola Marulanda at +1 305 496 0359 or paola@paolamarulanda.com

Paola Marulanda is the exclusive agent representing the Miami Beach Islands, FL real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

Photo Credit: World Red Eye

Photo Credit: World Red Eye Photo Credit: World Red Eye Photo Credit: World Red Eye Photo Credit: World Red Eye Photo Credit: World Red Eye

Photo Credit: World Red Eye

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"Simplicity is the keynote of all true elegance."

With those words, fashion designer Coco Chanel once famously described her brand’s unique style, which was responsible for inspiring an entire generation of designers and artists around the world. Decades later, her groundbreaking vision is still inspiring people across multiple industries—including our own. 

Photo Credit: Courtesy of Pedini Miami

Pedini Miami’s new multi-million dollar project in West Palm Beach is the latest to draw inspiration from the French fashion house. With Chanel-inspired closet designs and furnishings, the 19,000 sq. ft. waterfront property exemplifies all that the Chanel name stands for— simplicity, elegance, and comfort.

Photo Credit: Courtesy of Pedini Miami

Some of the project’s most prominent features include monochromatic color schemes and simple, straight lines that combine to create that modern, sophisticated look that is unmistakably Chanel. The house also boasts $1.3 million in Pedini custom cabinetry, and the kitchen is from Pedini Miami’s signature Arke collection, which perfectly complements the simple elegance of Pedini Miami designs.

Photo Credit: Courtesy of Pedini Miami

In addition to all the elegant features, other important highlights make this home one of South Florida’s most impressive luxury properties today. These include 14ft ceilings, a 6-car garage, a custom boomerang-shaped bar, and interior walls covered in the finest marble. Oh, and did we mention that it is a waterfront property? So, you can get vacation-like views from dusk ‘till dawn all year long.

Photo Credit: Courtesy of Pedini Miam.i

This new waterfront home will be listed on the market at $19,900,000. To learn more about the property, location, and specific features, contact David J. Rousso from Compass at 305-915-8994. For more information about Pedini Miami, visit PediniMiami.com or visit their Miami showroom at 250 Altara Avenue, Coral Gables, FL 33146.

The post Pedini Miami Lands $1.3 Million Furniture Deal For Chanel-Inspired Waterfront Property appeared first on Haute Residence by Haute Living.

Haute Residence: What should potential clients know about you?

Paola Marulanda: My strategies have been very successful and I have revived and sold many stale listings with my marketing shake-ups and tactics.

I pride myself in delivering a comprehensive and curated real estate service to Hight Net Worth and Ultra HNW families and now have a rental division to serve the influx of Americans relocating for Tax Relief and Pandemic Shelter who want to get to know Miami before committing to a purchase.

Photo Credit: Photostetic305

HR: What South Florida markets do you service the most?

PM: I concentrate on Miami Beach, Coral Gables, Coconut Grove, Key Biscayne, and Brickell. I also have a good crowd in Bal Harbour, Sunny Isles, and Aventura.

HR: How do you segment your target clients?

PM: I have programs for my relocation division, billionaire division, first-time buyer division, and divorce division. I recently added the rental division.

All of these have evolved as a result of identifying a great need for these niches, which revolves more around the type of client versus the property price range or zip code.

Photo Credit: Photostetic305

HR: What is your biggest strength?

PM: My biggest strength is my ability to connect deeply with and understand buyers and sellers, all of which also allows me to tap into my marketing and negotiating expertise by positioning myself as a buyer/seller and developing my targeted marketing/negotiating strategies. Tactical empathy is one of the strongest tools for both negotiating and marketing and it is a skill I have been honing and mastering from a very young age.

Click on "Learn More" above to get in touch with Paola Marulanda.

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