Kallisto South Beach Ultra Luxurious Residences SoFi

Kallisto which means “most beautiful,” was the nymph who was seduced by Zeus and bore him a son, Arcas. Anger or jealousy led to her transformation into a bear and eventually she became the heavenly constellation Ursa Major (the Great Bear) — a South Beach styled drama if there ever was one.

The upscale neighborhood South of Fifth “SoFi” in the Art Districtis about to see a new uber luxury condo project bearing this name (KALLISTO on South Beach). It will be a tall thin building of 19 stories and only TEN residences. Each consisting in price between $4.8 and $13.5M with eight single floor residences spanning 4,399 to 7,947 square feet along with two duplex Penthouses, one of which boasts it’s own outdoor bar and private swimming pool. The front entry will consist of the beautiful lobby and business center moving into a four floor parking deck and a sixth floor sun deck featuring an Infinity Edge Pool, Spa, Private Bar and Lounge area overlooking the ocean & city of SouthBeach. Kallisto Resident features “smart building” technology allowing the owner to control everything from the stereo to lighting, window coverings, HVAC, as well as direct communication with concierge. Other interior features include fingerprint entry, floor to ceiling wrap around glass walls, massive terraces, personal exercise room and only the best in luxury finishes. 24 hour valet and concierge are standard along with wireless internet connections.

VIDEO: http://www.youtube.com/watch?v=rbz9CBDf0BI

Developing this luxury project at 120 Ocean Drive is none other than The Congress Group, a Boston based company known for it’s overtaking assistance of Bentley Bay construction struggles in 2003 along with the Miami based Architect Bermello Ajamil & Partners Inc. Kallisto at SoFi is scheduled for completion in NOV 2010 and construction will begin 4Q this year.

“This kind of product is not affected by the real estate crisis,” says Fabiana A. Bosca, director of project sales for Kallisto, when asked about developing such a project during the multifamily sector slump. “If you look at the statistics as to where sales are-and where sales are not-in this vast inventory of condominiums in Dade County, you will learn at the very high end of the market, units at $5 million plus, sales are moving along very briskly,” says Stephen Nostrand, executive vice president of Colliers Abood Wood-Fay in Miami. “The folks looking to buy those types of residences are typically insulated from most and any economic issues that the rest of the market is feeling.” – GlobeSt.com

We all know this will be a highly desirable building and surely to succeed in selling out as we found with Apogee Condos (Apogee “Sold” Price Per Square Foot Averages $1,239!) who many speculated would not do well based on the price and location (not even oceanfront). For more info on this new development or to schedule a meeting with the sales team, simply call the toll free number below or direct 1.305.978.7704. Oh btw, if you haven’t subscribed to this blog yet, do it now! If you’d like new blog updates once available, you can be notified by email or by RSS feed (see upper left column) every time a new posting occurs. 1.888.38.DREAM