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Forbes Features Wine Cellar SPACiO Built at 321 Ocean

In case you missed it, Forbes recently published an article featuring a wine cellar we built out in a condo at 321 Ocean, an exclusive collection of 21 luxury residences in South of Fifth, one of Miami Beach’s most upscale neighborhoods. The Forbes article, titled “5 Luxury Homes with Exquisite Wine Cellars,” features five of some of the most impressive in-house wine rooms in homes that are currently on the market across the United States.

Building out the 50-square foot, climate-controlled wine cellar was a treat. It required us to work closely with the interior design firm Associated Design Co. to ensure that we could build out the design and execute the project without a hitch. We built the insulated glass enclosure, using customized acrylic and thermal metal framing, which was power-coated with a matte black finish to match the custom black finish on the rack.

The wine cellar was part of the build-out of the entire condo, which involved installing hardwood flooring throughout the condo, trim window coverings, staircase handrails, millwork and more.

It was a privilege to work with Associated Design Co. on the wine cellar. We’re looking forward to working with this very talented interior design firm again in the near future.

Click here to see the other wine cellars that made the list.

 

Q&A: Prestige’s Broker Tony Rodriguez-Tellaheche Strives to Be Different and Finds Success

Tony Rodriguez-Tellaheche, co-founder and managing broker of Prestige Realty Group, sat down with SPACiO Design Build to discuss today’s luxury real estate market in Miami. The boutique brokerage firm focuses on luxury homes and high-rise condominium sales. As a Miami native, Tony has seen the transformation of Miami from a beachside destination into a bustling and sprawling metropolis attracting buyers from all over the world.

WHY DID YOU DECIDE TO START YOUR OWN BROKERAGE FIRM?

My business partner Christopher Hodgson and I wanted to create more of a boutique real estate firm, offering clients personalized services that the larger firms don’t offer. When someone hires Prestige Realty, they are hiring our entire team of over 23 agents that are available 24/7 to serve our clients. We also wanted to create a firm with an international reach. My partner is from London and I’m from Miami so we really have a global reach. Our approach seems to be working. Last year, we sold more than $50 million in real estate and I was recognized by Real Trends and the Wall Street Journal as one of the America’s best Realtors.

WHAT SHOULD CONSUMERS KNOW ABOUT MIAMI’S REAL ESTATE MARKET?

People always ask me how the market is doing and I always ask which one. Most real estate consumers assume Miami- Dade County is one market but in reality it’s composed of many different markets, all of which have their own character. I take a neighborhood approach to real estate, mostly focusing on single-family luxury homes and condominiums in Coconut Grove, Key Biscayne, Coral Gables, Pinecrest, downtown, South Miami and Miami Beach. Every market is its own special ecosystem. One may be booming while the other is down. Overall, in the submarkets I focus on, the market hasn’t slowed down significantly. It’s a healthy slow-down with plenty of inventory available. People need to realize that the pre-construction condos are different from single-family homes and a slow-down in that particular sector is not an indicator of the overall housing market. Miami’s luxury real estate is very dynamic and can’t be generalized. For example, we have noticed that demand for Mediterranean style homes has decreased while modern and turnkey homes remain hot with buyers.

WHAT IS THE MOST IMPORTANT PIECE OF ADVICE FOR SELLERS?

The most important piece of advice for sellers is to hire a brokerage firm that’s tech savvy and will invest in their listings. You don’t want a realtor who is taking photos of your property with an iPhone. At Prestige Realty Group, we hire professional photographers and videographers who often use drones to get the best visuals possible for our listings. We want prospective buyers to have a 360-degree view of the property they will want to purchase. Sellers should also work with brokers who are advanced on social media. Technology is a major part of our lives now and should be an integral component to any realtor’s strategy for marketing and selling a home.

Another important piece of advice for sellers is to keep their homes clean and free of clutter when it’s on the market for sale.  Many underestimate the power of staging, which is not the same as decorating. You need to stage your home into a place that potential buyers can envision living in. Remove all your personal items including family photos, books and other items that may distract your potential buyer. You want your house to be known as the one with the beautiful kitchen, not the one with the overbearing collection of crystal figurines.

Q&A Guest Contributor: Michael Internoscia Talks About Marina Palms Yacht Club and What Makes It Different

What advice would you give condo sellers seeking to re-sell their newly purchased units in such a competitive condo market?

I would suggest finishing out their condo with flooring, baseboards, paint and build-out closets to show off the unit. It is easier to show an apartment with finishes when the competition has only concrete floors and primer on the walls. Most buyers want to occupy the unit or rent it out right away instead of waiting weeks or months to build-out the space. This strategy can give sellers a competitive edge.

What makes Marina Palms Yacht Club & Residences stand out from many of the other new condo developments in South Florida?

Clearly our marina. We offer amenities for boaters and watersport fans that are hard to find in many other luxury projects in South Florida. Marina Palms offers 40-foot to 100-foot boat slips and plenty of aquatic activities, including jet skis, kayaks, water skiing, windsurfing and snorkeling. We have it all and everything is fully managed. By the way, the 112-slip private marina provides open ocean access for boaters via Haulover Inlet just 20 minutes away. Another unique feature of Marina Palms is the size of the units. The condos are either two or three bedrooms and range in size from 1,821 to 2,500 square feet, providing a mix of luxury and value.

How would you describe the profile of Marina Palms buyers?

Our buyers come from different regions of the world, including South America, Canada and the US. What they all have in common is an affinity for water-based activates and the boating lifestyle.