Villa Magna, the new development set for construction at 1201 Brickell Bay Drive on the last bay-front site in Miami’s financial district, is a partnership between Florida East Coast Realty and COALCO investment company of New York. The project, with 330 feet of frontage on Biscayne Bay, will create 787 residences and bay-front townhomes that offer unobstructed bay and ocean views from South Beach to Key Biscayne. Villa Magna’s 84 town homes are the only two-story townhomes on the bay with direct-access garage parking and private in-residence elevators.
In addition to the views, the condominium will offer residents Skydeck, a two-acre urban resort perched 150 feet above the bay; smart technology with in-residence concierge panels known as R.I.T.A., an acronym for Resident’s Interactive Technology Assistant; an onsite wine cellar equipped to hold more than 30,000 bottles of wine; and its own mega-watt generator that can provide electricity to the towers and the individual units during a power outage. Additional amenities include a cyber lounge, resident-only movie theater and club lounge. What also distinguishes the condominium is its own on-premise generator. The ground floor will house gourmet shops and restaurants along the bay as part of its block-long retail promenade that links to the Riverwalk.
Each Villa Magna tower will have its own porte-cochere, valet service and lobby entrance. The townhomes will also be accessed via a separate entry.
The area around the development is home to prominent luxury hotels such as The Four Seasons, The Conrad and The InterContinental as well as choice fine restaurants such as Duo, Pericones, Morton’s Steak House, Capital Grill and the Novecento café. Within walking distance is the new Mary Brickell Village, a lifestyle destination with shopping, dining and leisure options for urbanites.
One-, two-, three- and four-bedroom floor plans span from 870 to 2,600 square feet. Prices range from $800,000 to $3 million.
The Villa Magna sales center is located at 1200 Brickell Bay Drive, Suite 100. Vistas International Realty is the exclusive sales agent.
For more information, call 305.503.1500 or visit villamagna.com.
Location 1201 Brickell Bay Drive, Brickell
Housing Type Condo and townhome
Number of Units 787
Number Sold Sales now underway
Delivery Date 2009
Price Range From $800,000 to $3 million
Co-broke 5%
Developer Florida East Coast Realty and COALCO