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Forbes Features Wine Cellar SPACiO Built at 321 Ocean

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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

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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 which may be listed on a professional recruiting company site and 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.

Behind the Scenes: Another Build-Out at Oceana Bal Harbour Has Been Delivered

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SPACiO Design Build is happy to announce that another build-out project at Oceana Bal Harbour has been completed. The unit looks spectacular and blends well with the design of the unit, which features a complete flow-through floor plan and unobstructed views. Oceana Bal Harbour is one of the most luxurious development projects in South Florida.

The unit we recently completed arrived decorator-ready, so our work included installing interior hardwood flooring, tile on the large balcony, dropping the ceiling for additional lighting, installing pocket doors and audiovisual equipment, and more. As promised, we delivered the unit in four to six weeks but every unit is different depending on the scope of work.

Working at Oceana is an incredible experience. With floor-to-ceiling windows and extra-deep balconies, the unit boasts some of the most breathtaking views available in Miami. Oceana Bal Harbour’s spacious homes and balconies are designed to offer spectacular views of the Atlantic Ocean to the east, Biscayne Bay and the Bal Harbour Marina to the west and Miami’s skyline to the South.

It took effort not to be distracted by the remarkable views of golden sunlight reflecting on the blue ocean. Now, we move forward to our next build-out project in this incredible building.

Tips for Getting Your Newly Built Condo Ready for Rent

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fMany of the buyers closing on units in recently completed luxury towers across South Florida are investors. Some are domestic and some are foreigners. They all share the same plan: renting the units out until the time arrives to execute an exit strategy. But renting a new condo can be a challenge for two reasons: 1. Hundreds of new condos are hitting the rental market simultaneously. 2. Hundreds of new luxury rental units, complete with modern features such as tilt and turn windows, are either nearing completion or under construction. This is creating intense competition among future landlords. Here are some tips to help investors rent their units faster and generate income sooner rather than later: 1- If the newly-built unit comes ‘decorator ready’ – which means the floor, walls, closets, etc. are not finished – you will need to paint the walls, add flooring and build-out the closets. However, if you require assistance with commercial or industrial painting specifically, you can also seek professional help like hiring a painting company for that particular task. A solution: weeks before the closing date, recruit a general contractor to start planning the build-out of the unit. This way, the GC will start work as soon as the unit becomes yours, saving you weeks of ‘waiting time’ and placing a tenant in the unit much faster. You can find professional help for painting and other services in the West Midlands area by checking out this sites at https://cladding-coatings.co.uk/near-me/west-midlands/. 2 – For the walls, stick to neutral colors. Stay away from bold or ‘white,’ which will make your unit seem dull and potentially scare away tenants who may not have the creativity to envision the unit as their home. 3 – Basic Standard Materials: if your unit requires a build-out, do not use the same type of materials that you would install in your own home. Your tenants are not going to treat it with the same quality of care, so don’t overspend. For flooring, we recommend porcelain tiles because they are stylish, durable and low maintenance. They also work well in balconies and blend with the interior flooring. Contact the industrial flooring installers for more info. 4 – Invest in a practical built in closet system throughout the unit. 5 – Most new units come with the kitchen and bathrooms already finished. But if you plan to upgrade the kitchen, avoid white cabinets. Earth tones are ‘in’. Also consider upgrading fixtures such as door handles, faucets, hot tubs, etc. 6 – Open floor plans: if the unit seems small, consider knocking down walls to open up the floor plan, which usually involves combining the kitchen, dining and living areas into one large space. This will increase the natural light and create the perception of increased square footage. For more ideas, give us a call. We have some great concepts to build out new condos and modernize older units.