Mario Chalmers Selling Condo He Bought From Drake at $1.6 Million Markup

Categories: Unreal Estate

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In 2012, Miami Heat point guard Mario Chalmers bought a condo from Drake for $2.4 million. Only two years later, he's put it back on the market for $4 million.

Yes, it is the condo from the "I'm on One" video.

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Stop Erecting Giant Phallic-Shaped Structures in Miami and Calling Them "Legacies"

Categories: Unreal Estate

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When developers Russell Galbut and Jorge Perez revealed their quickly nixed plans to build the largest condo tower on South Beach at 500 Alton earlier this year, they talked about it as their "legacy." That's nothing new. For years South Florida developers have been pretending their business deals are something greater than they are, and that glistening towers meant for the ├╝ber-rich will leave some sort of hallowed legacy for all the citizens of Miami.

But this "legacy" business has gotten out of control. There's a strange new trend of rich Miamians trying to make giant additions of phallic-like structures to our skyline in any way possible and calling it a legacy.

See also: No, Miami Does Not Need a 400-Foot American Flag Downtown

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At Miami's New Science Museum, You Will Literally Be Able to Jump the Shark(s)

Categories: Unreal Estate

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Michael E. Miller
A view of the science museum's central 500,000-gallon aquarium, which will be filled with sharks and (maybe) topped with a zipline. View more photos of the science museum's construction.
From high above Biscayne Boulevard, Frank Steslow peers down into what looks like the world's largest punch bowl. Grown men crawl like insects inside the massive martini-glass-shaped structure. Rebar pokes out at odd angles. Construction cranes swirl. Concrete settles into place.

Steslow is showing off his baby: the brand-new, half-built Patricia and Phillip Frost Museum of Science. As chief operating officer, Steslow knows more about this place than anyone. The punch bowl, for instance, is actually a 500,000-gallon aquarium that will be filled with sharks and other large marine animals, he explains. Naturally, the 10-year-old boy trapped inside this New Times reporter's body can't help but ask: Will visitors really be able to dangle themselves above the open shark pit?

"Gillian keeps talking about that," Steslow says with an uncomfortable smile, referring to the science museum's president, Gillian Thomas. "We are exploring whether or not there is an opportunity to have a zipline over the tank."

One thing is immediately clear here: This is not your childhood science museum.

See also: Photos of the construction at the Patricia and Phillip Frost Museum of Science

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This $4.8 Million South Beach Condo Is Definitely Not a Sex Den

Categories: Unreal Estate

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There's lots of let's say interesting interior decorating choices in Miami Beach, but it's not every day we come across a home that features an honest-to-God stripper pole jutting out of its coffee table.

Today is that day thanks to Curbed, which highlights this $4.88 million condo in the Continuum in South Beach.

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Butterflies Living on Land Sold to Walmart Developer Are Now Officially Endangered

Categories: Unreal Estate

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Photo courtesy of Paul Anthony
A Bartram's scrub-hairstreak butterfly, which will be officially endangered September 11, near the site of the controversial UM sale.
When news broke last month that the University of Miami had sold an 88-acre plot of endangered pine rockland forest to a Palm Beach developer that planned to build a Walmart, environmentalists and activists were outraged. The rare forest is the only habitat of several species, most famously the Bartram's scrub-hairstreak butterfly. At the time, though, the species wasn't officially listed as endangered.

That changed yesterday: The U.S. Fish and Wildlife Service (USFWS) announced the Bartram's, as well as the Florida leafwing, will be designated as endangered beginning September 11. The two species' habitats will also be listed as critical.

"What that does, in effect, is add a layer of protection," Ken Warren, a spokesman for the
USFWS, tells Riptide.

See also: Thousands Sign Petitions Against Walmart Development on Endangered Pine Rockland


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Fisher Family: Destroying Church Courtyard Shows "Lack of Respect for History and Culture"

Categories: Unreal Estate

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Miami Beach Community Church
One of the photos MBCC included in its application to transform the courtyard into a clothing store
Sometime this morning, the Miami Beach Historical Preservation Board will decide whether or not to grant a rehearing on the controversial plan to turn the Miami Beach Community Church courtyard into a clothing store. Church leaders claim the plan will save the struggling parish. Preservationists and some church members, meanwhile, say the plan will be a disaster.

One man who hasn't weighed in until now is Jerry Fisher, the last living relative of Carl Fisher, the man who founded the church and much of Miami Beach.

Destroying the courtyard would show "a lack of respect for history and culture," Fisher says. "Once it's been destroyed you can never go back. That's the problem."

See also: Miami Beach Community Church Controversy: Developer Donated $500,000 Before Key Vote

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Miami Riverfront Is Getting a Restaurant on Top of a Massive Storage Facility

Categories: Unreal Estate

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Courtesy of MV Real Estate Holdings
When local developers Alex Mantecon and Guillermo Vadell bought the property at 123 SW North River Dr., they realized they had something of a logistical problem: The property had a prime location along the Miami River, but it was also sandwiched between massive, looming freeway bridges. "We kind of analyzed it," Mantecon tells Riptide. "Anything that you were to build -- a ground level or one, two, or three stories -- was basically going to be facing the underside of I-95."

Condos were out. Instead the developers came up with another idea: a rooftop restaurant, high enough above the freeway to offer unencumbered views of downtown and the Miami River. On top of a huge storage facility.

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South Beach Is About to Get a Hotel With an Ice Skating Rink Inside

Categories: Unreal Estate

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Photo by AgnosticPreachersKid via Wikimedia Commons
The new Miami Beach Edition hotel will feature an ice rink. It will not look like this.
It was 95 and humid today. It was 95 and humid yesterday. It will be 95 and humid tomorrow. So who's ready to go ice skating? While eating gourmet food at a fancy hotel with exclusive access to the beach?

Soon, you can actually do this! A new South Beach property, the Miami Beach Edition, plans on opening (actually "premiering", according to the hotel's website) at 29th and Collins in November. And because tourists apparently want to ice skate in Miami, they will be building an indoor rink.

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Thousands Sign Petitions Against Walmart Development on Endangered Pine Rockland

Categories: Unreal Estate

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Photo via ramrealestate.com
Coral Reef Commons
Leslye Jacobs is a longtime environmental advocate and a once-proud University of Miami Hurricane. But two weeks ago, when she learned that the university had sold a swath of endangered pine rockland forest to a Palm Beach Gardens-based developer that planned to build a Walmart, Jacobs, the director of an education nonprofit, was disgusted. So she started a petition against the development on MoveOn.org.

"I saw the news and right away I was just so angry," Jacobs tells Riptide. "I was feeling physically sick about it."

See also: Walmart Officially Closes on Midtown Property

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Here's What the Miami Riverwalk Development Replacing Finnegan's Will Look Like

Categories: Unreal Estate

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Yesterday came confirmation of the long-simmering rumor that Finnegan's River will be shutting down to make room for yet more condo development. Today comes images of what the planned development, Miami Riverwalk, will look like.

According to exMiami, Riverwalk will consist of four individual 750-foot high tower, with about 1,772 residential units, 360 hotel rooms, over 100,000 square feet of office space and about 180,000 square feet of retail between them. Though, the crown jewel is the actual walkway along the Miami River.

The project is backed by developers Chetrit Group and designed by local architect Kobi Karp.

See also: Finnegan's River in Brickell Closing

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