57 Ocean Topping Out

57 OCEAN TOPS OUT AT 18 STORIES, COMMEMORATES WITH GIANT SANDCASTLE FOR A CAUSE

  • Press Release

In the face of COVID-19, the Blue Wellness-focused, ultra-luxury condominium on Miami Beach’s Millionaire’s Row put a traditional event on hold to draw attention to protecting the world’s oceans and preserving the beauty of the beach

MIAMI BEACH, Fla.57 Ocean, the widely-anticipated, new ultra-luxury residential project on Miami Beach’s Millionaire’s Row, has officially topped off construction at 18 stories.

Developer Multiplan Real Asset Management celebrated the milestone today in tandem with the boutique oceanfront project’s exclusive sales broker, Fortune Development Sales, and the general contractor, Moss Construction.  57 Ocean (5775 Collins Ave.), which is now approximately 60% sold, comprises 71 residences and a myriad of five-star, Blue Wellness-inspired amenities and designs, including a holistic spa with products by One Ocean Beauty, a wellness pavilion with a thermal suite and relaxation areas, meditation and hanging gardens, poolside treatment cabanas, and beyond.  Completion of the internationally-lauded project, which broke ground in April 2019, is on-schedule for next fall’s projected delivery date.

In the face of the COVID-19 outbreak, the team of visionaries took the opportunity to forego a traditional celebratory event by building a massive, six-foot-by-20 sand sculpture on the beach, adjacent to the site. The sculpture — featuring a relief of 57 Ocean’s iconic undulating exterior, designed to resemble waves on the water — calls attention to the project’s ongoing support of the Oceana organization, which works to protect the world’s oceans. Passersby are able to admire the whimsical piece while remaining socially distant and wearing complimentary 57 Ocean-branded masks. They are also directed to visit the Oceana website, where they can learn more or contribute to the cause. 57 Ocean’s leaders will additionally host a beach clean-up with the Miami chapter of the Surfrider Foundation once coronavirus cases subside (an event which was initially slated to take place the week of the topping-off) — all to commemorate the momentous occasion and further its support of the surrounding community.

“This is a triumphant day for us,” said Marcelo Kingston, Managing Partner of MultiplanREAM. “Our team has worked tirelessly to ensure that all deadlines were met and expectations of our buyers are exceeded. The global response to our project has been overwhelming. To be more than halfway sold, with dozens of new prospective buyers reaching out to us daily — recognizing the unmistakable value of a project of this size, scope, and setting — is a point of pride to us, as well as to our founder, Dr. José Isaac Peres.”

Dr. Peres, one of the world’s most well-known developers, founded MultiplanREAM and worked tirelessly to create the concept of 57 Ocean. His love of the ocean and first-hand appreciation for the healthful benefits of living on the water — as well as his long-time mantra that wellness is the ultimate luxury — inspired the design. Since its initial unveiling, buyers from across the globe have been flocking to 57 Ocean to purchase homes there. Just this month, for example, the sales team announced the purchase of a $7.8 million Sky Residence to a Miami Beach resident, who singled-out the project for its new construction, amenities, and oceanfront setting.

“57 Ocean is unlike anything that’s currently on the market in Miami Beach,” said Edgardo Defortuna, founder and CEO of Fortune Development Sales. “Our buyers know that this project is rare, offering a lifestyle that surpasses all wants and needs – especially in the wake of COVID-19. These huge interiors, large terraces, the connection to the water, and focus on health and wellness are a winning combination that simply cannot be overlooked.”

“We are proud to be celebrating this milestone today ahead of schedule — a testament to the leadership, expertise, and excellence that have guided 57 Ocean and its rise,” said Scott Moss, CEO of Moss Construction. “This is an absolutely beautiful project that is going to be a huge point of pride for Miami Beach and South Florida, as a whole. The attention to detail is profound — from the unique undulating façade of the building to the stackable sliding doors that seamlessly draw the outdoors in, and the wood-accented ceilings. 57 Ocean is truly a first-of-its kind project for the area with details that will set it apart from all other luxury buildings.”

Designed by award-winning architect Bernardo Fort-Brescia of ARQUITECTONICA, with interiors by Patricia Anastassiadis of Anastassiadis Arquitetos, 57 Ocean will offer two- to four-bedroom residences, starting at $1.5 million, with sizes ranging from 1,245 to 3,474+ square feet. The well-appointed homes will feature expansive terraces, each stretching up to 12 feet deep, as well as contemporary Italian kitchens and baths by Poliform.

In addition to 20 flow-through Sky Residences, starting at $6.95 million, 57 Ocean has one remaining penthouse, priced at $35 million. Additional amenities will include a state-of-the-art fitness center with top-of-the-line MyIsle training equipment by MyEquilibria, and an indoor Technogym fitness center. There will also be a children’s activity room, 24-hour concierge services, pool and beachfront concessions and attendants, direct access to the adjacent Miami Beach Walk, and more. For additional information about 57 Ocean, call 305.800.5775 or visit www.57ocean.com.

About Multiplan Real Estate Investment:
Florida-based Multiplan Real Estate Asset Management was established by José Isaac Peres to pursue real estate development opportunities in the South Florida real estate market. The natural connections between South Florida and Latin America — from business to personal ties — have continuously re-shaped Miami-Dade County, affording unique opportunities within the development arena. Appreciating that unique synergy, Peres has long maintained a deep admiration for the region, having lived part-time in Miami-Dade since 1998. He furthermore developed the highly-acclaimed Il Villaggio residential and retail community, which is located on Miami Beach’s Ocean Drive and faces both Lummus Park and the beach. From its onset, Il Villaggio enhanced the value of the surrounding neighborhood with its record-setting unit values. In the late 1990’s, he acquired a bayfront parcel off Brickell Avenue, known today as Jade Brickell — a luxury residential condominium which Peres conceptualized and designed. Financially secure and stable, Multiplan Real Estate Asset Management has structured a dedicated domestic development team, partnered with distinguished local partners and now looks to further its opportunities in South Florida.

About Fortune Development Sales:
Fortune Development Sales is the premier, exclusive on-site sales and marketing representative for third-party development projects in South Florida, having represented more than 80 of South Florida’s most successful projects. Led by visionary founder Edgardo Defortuna, Fortune has 18 offices around the world, with nearly 1,000 associates and a worldwide brokerage network, reaching prospective buyers in markets as diverse as South Florida, Manhattan, Buenos Aires, São Paulo, Hong Kong and Paris. Fortune Development Sales is an affiliate of Fortune International Group, a recognized leader in development, sales, and marketing since 1983. www.fortuneintlgroup.com.

About Moss:
Moss is a national privately held construction firm providing innovative solutions resulting in award-winning projects. With regional offices across the United States, Moss focuses on construction management, design-build and public-private partnerships. The company’s diverse portfolio encompasses a wide range of sectors, including luxury high-rise residential, landmark mixed-use developments, hospitality, K-12 and higher education, justice, solar energy, and sports. Moss is ranked by Engineering News-Record as one of the nation’s top 75 general contractors. Moss prides itself on a strong entrepreneurial culture that honors safety, quality, client engagement and employee development. Its employees consistently rank Moss as one of the best places to work.