BRAZILIAN BILLIONAIRE BREAKS GROUND ON 57 OCEAN CONDO TOWER, WHERE UNITS COST UP TO $31 MILLION
07.03.2019 – 57ocean
Construction is now underway on the 57 Ocean condo tower in Miami Beach, after a groundbreaking ceremony held April 4.
A $3 million sales gallery was also inaugurated at the event.
Prices start at $1.5 million, and range up to $31 million for a penthouse. Unit sizes range from 1,200 to over 3,600 square feet, in addition to two penthouses and two beach houses.
57 Ocean is being developed by Multiplan Real Estate Asset Management, which was founded by Brazilian Billionaire José Isaac Peres. The company also built Il Villaggio on Ocean Drive.
Completion is scheduled for September 2021.