Last Oceanfront Parcel of Sunny Isles Beach Purchased for $9.6M

Aerial Oceanfront Image

Aerial Oceanfront Image

Sky Development who is known for Da Vinci on the Ocean and City Park in Aventura, has just announced the purchase of what may be the last remaining parcel of Atlantic oceanfront land in Sunny Isles Beach. The plans are to build a 300 room full service hotel that had recently been slated for a 69 unit condo tower. Gavin Susman, cheif executive officer of the Aventura based devloper, said the company paid $9.6 M on July 14th, for an .88 of an acre (38,332 Sq Ft.) parcel right on Sunny Isles Beach. Gavin Susman said Sky Development Inc. bought it because of it being such a great deal. The hotel is going to be built in partnership with R.K. Properties which dominates the commercial sector in Miami Beaches. ~ Sky Development

Heard it through the grapevine (Update on JULY 22nd). The oceanfront parcel purchased IS the Da Vinci on the Ocean project. The developer MAY be turning this parcel into a Nikki Beach Club style public beach club… my sources are not 100% but knows inside information as to R.K. Properties and new developments. If this rumor is true, Sunny Isles Beach would get outstanding new attention with this new public beach club. It would be amazing for this area slightly lacking in the “fun factor”. If anyone knows the facts or has additional insights, please advise the readers!

About Ashton Coleman

Ashton is a tech & social media savvy professional who understands the industry providing white-glove service with a wealth of experience, an impeccable reputation, and a keen ability to efficiently handle all facets of real estate. Ashton’s territory has grown significantly since 2002, marketing & selling extraordinary South Florida coastal real estate from Miami Beach to Lighthouse Point. A Certified Luxury Homes Marketing Specialist (Million Dollar Guild), with a multitude of other residential certifications, Ashton provides both exceptional service and unique selling techniques. His success is attributed to an unparalleled work ethic with years of experience including top-tier professional services where the ‘art of the deal’ is mastered in contract negotiations, deal-making intricacies and the end, results-driven real estate.

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