Market Snapshot for 1 Hotel & Homes, Condo/Villa/Townhouses, residential community in Miami Beach, Florida. 1 Hotel & Homes Condo/Villa/Townhouses is located at 102 24th St, Miami Beach, Florida, 33140. This residential community was built in year (N/A) and currently offering (5) Condo/Villa/Townhouses for sale in 1 Hotel & Homes, with price ranges from $4,000,000 to $6,600,000.
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1 Hotel & Homes South Beach, a condo recently renamed from 1 Hotel & Residences South Beach. The property was also once the Gansevoort South Beach and The Perry South Beach Hotel, but after a complete, $250 million renovation, 1 Hotel & Homes will reopen in early 2014 as a LEED-certified “green hotel.” In addition to the name-change, 1 Hotel is being developed by Starwood Capital Group’s highly-acclaimed chairman and CEO, Barry Sternlicht, who is also the former chairman and CEO of Starwood Hotels & Resorts, and creator of the very successful W and St. Regis hotel brands. The project will consist of a 417-room hotel and 163 private ultra-luxury residences and be run by SH Group, which is Starwood’s hotel management company.
Property Details:
Location: Oceanfront
City Neighborhood: Miami Beach
Year Built: 2015
Bedrooms: 1, 2, 3 and 4 bedroom condo residences and duplexes
S.F. Range: 951 - 4,000 sq. ft.
Pet Friendly: Yes
Number of Units: 417 guest rooms 156 private condo residences
Number of Stories: 18
1 Hotel & Homes South Beach: The Residences
The 163 condo units will occupy floors 9 through 16. Initial offerings will include 1, 2, 3 and 4 bedroom floor plans, which will range from 830 square feet to approximately 4,000 sq. ft. The 15th and 16th floors will feature exceptional penthouse residences with a distinctly different look and feel from the other units. Three stunning oceanfront duplex apartments will also be on floors 15 and 16. These are the approximately 4,000 square foot oceanfront residences.
1 Hotel & Homes South Beach: The Condo-Hotel
With the incredible success of Miami Beach condo-hotels such as: W, Canyon Ranch, Fontainebleau, and Mondrian, there will be plenty of interest and potential for 1 Hotel owners to place their condos into the hotel pool. This makes the purchase even more attractive because Miami is consistently one of the top-performing U.S. hotel markets. Buyers will be able to place their units in the rental pool if they purchase the 1 Hotel furniture package.
1 Hotel & Homes South Beach: The Amenities
1 Hotel Miami Beach will continue to feature its now-famous rooftop pool along with three other pools. Owners and guests will enjoy 600 linear feet of oceanfront with private beach club amenities. Additionally, the hotel will have a 40,000-square-foot gym and spa, 24-hour, in-residence dining, and STK from NYC will undergo a major renovation while still calling 1 Hotel & Residences home.
1 Hotel and Homes South Beach – Rental Program Information:
Residences are condos, not condo-hotel units.
Condo owners have the option to purchase a hotel package, which finishes and outfits the unit, and qualifies it to be placed into the hotel rental program
There are No leasing restrictions on condos.
Maintenance will be approximately $1.35 to $1.40 PSF
1 Hotel & Homes South Beach - Building Amenities:
600 linear feet of prime beachfront location in the heart of South Beach, steps from Miami’s best restaurants, cultural centers and retail boutiques
Caringly designed green building improvements focused on water and energy conservation that will enable the property to become LEED-certified
4 swimming pools with the most expansive Atlantic Ocean views in South Beach
South Beach’s only rooftop pool and restaurant bar with panoramic views of the ocean and Miami’s skyline
Furnished private pool deck and sand-filled cabana lounges with over scaled furniture
Full-service oceanfront spa and fitness center with in-house personal trainers
In-residence massage services
Streetscape with a new, vibrant retail hub
Signature farm-to-table restaurant featuring world-renowned chef Tom Colicchio
Natural and reclaimed materials used throughout common areas and in the private, staffed lobby, which features, “living green walls”
Lobby opens to extensively landscaped outdoor spaces and lush tropical gardens
24-hour in-home dining featuring signature menus and private chef services
24-hour security, and concierge and bellman services
24-hour valet-only parking
24-hour, 7 day-a-week service line for general support and assistance
24-hour telephone switchboard system for screening calls, wake-up calls, and taking and delivering messages
Newspapers and packages delivered to your door
Priority status for hotel room reservations at special resident rates
Room upgrades based on availability
Residential VIP signing privileges and direct billing services at the signature restaurant, lounge, pools, spa and other entertainment facilities on the property
Owner privileges at 1 Hotels in other locations
Check cashing privileges, and currency conversion and exchange services
Priority access to all hotel facilities and amenities
Access to hotel meeting rooms and business center
Personal shopping and delivery services, including groceries, dry cleaning and pharmacies
Pre-arrival kitchen and pantry stocking with organic options
Eco-friendly housekeeping and linen services
Turn-down service
Bathroom amenity services
On-demand maintenance services, including painting and repairs
Catering services and event planning for private meetings and events
Technical support services for computers,entertainment centers and telecommunication equipment
In-home botanical service
1 Hotel & Homes South Beach - Residence Amenities:
Open floor plans and large spaces create a contemporary, loft-like lifestyle
Interiors from acclaimed Brazilian designer Debora Aguiar focus on natural materials and textures, adding layers of warmth and sophisticated comfort
Beach-inspired color palettes and expert attention to every detail
Dedicated, residence-only private lobby
Large private balconies featuring spectacular views of the Atlantic Ocean and Miami’s skyline
New floor-to-ceiling sliding glass doors and energy-efficient casement windows
Bosch stacked washing machine and dryer
Entry door hardware with advanced electronic locking system
In-unit heating and air conditioning system with integrated energy management technology
Kitchens:
Custom-designed by Debora Aguiar and manufactured in Italy by Italkraft
Stainless steel appliances by Sub-Zero and Bosch
White quartz kitchen countertops and Yakarta Blanco porcelain backsplash sit atop white, deep-grained wood veneer lower cabinets with seamless white glass upper cabinets
Grohe fixtures and Kohler sink basins
Baths:
Travertine walls and floors with Emperador marble accents
White lacquered oak vanities with travertine counters and ample under-counter storage
Waterworks LEED-compliant bathroom fixtures and dual-flush toilets
1 Hotel and Homes South Beach – Penthouse Units:
Spectacular oceanfront duplexes with expansive terraces
Penthouse B (16th floor) units have 12’ ceilings
Penthouse A (17th floor) units have full-height floor to ceiling glass window walls
Custom-designed Italkraft kitchens with built-in stacked oven, drawer microwave and coffeemaker
Stone and teak islands with wine cooler, built-in shelving and integrated seating
Water filtration system in kitchen
Locally sourced limestone floors and counters with teak accented vanities in bathrooms