Key Points:
In a strategic move that underscores Miami Beach's thriving luxury real estate market, Trinity Southern has assumed leadership of the long-anticipated 29 Indian Creek project. This development, initially spearheaded by JMH Development, is set to transform the landscape near the esteemed Faena District. With enhanced plans and a prime location, 29 Indian Creek is poised to attract discerning investors and residents alike.
A Fresh Vision for 29 Indian Creek
Project Leadership: New York-based Trinity Southern, led by Bill and Dana Lozito, has taken over the development of 29 Indian Creek, with JMH Development remaining as an investor-partner and adviser. This marks Trinity's inaugural venture into the South Florida market.
Enhanced Development Plans: The revised blueprint features a 20-unit condominium building offering one- and two-bedroom units, alongside two two-story townhouses. Prices are set between $1.4 million and just over $3 million.
Sales Strategy: Renowned real estate firm SERHANT. has been appointed to lead sales efforts, bringing their expertise to this luxury development.
Luxury Features and Amenities
Residence Details: Condominiums range from 820 to 1,750 square feet. The townhouses boast 500-square-foot terraces equipped with summer kitchens and wet bars, catering to upscale living preferences.
Amenities: Residents will enjoy a rooftop pool, a state-of-the-art fitness center, and membership to the nearby Miami Beach Edition's beach club, offering a comprehensive luxury lifestyle.
Construction Timeline and Market Context
Development Schedule: Demolition is slated to begin in April, with construction following shortly thereafter. Completion is anticipated by the end of 2026.
Market Trends: Miami Beach's luxury condo market continues to thrive, with steady demand and price appreciation projected into 2025. The area's appeal to high-net-worth individuals remains robust, positioning developments like 29 Indian Creek favorably in the market.
Strategic Revitalization
Trinity Southern's revitalization of 29 Indian Creek signifies a notable advancement in Miami Beach's luxury real estate sector. With its strategic location, upscale amenities, and alignment with market trends, the development is set to meet the evolving demands of discerning buyers. As Miami Beach continues to attract affluent investors, projects like 29 Indian Creek underscore the city's status as a premier destination for luxury living. 📈
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