Picture your view of the Miami skyline, Monument Island and the Port of Miami all from your Mondrian South Beach condo. On the bay in South Beach a diverse and charming condo awaits your arrival. With a distinct appeal, the residences at 1100 West Avenue will provide a fantasy lifestyle and a magnificent advantage of living in a Marcel Wanders designed home.
The Morgan Hotel Group saw a need for South Beach. They believed that short-term rentals were in demand. They also realized a condo-hotel would be a benefit to the area. The conception of the Mondrian South Beach condo was the result. However, a bit of a variation from the normal up-scale condos was in the plans. The entryway is suggestive of being in Sleeping Beauty’s castle as was the intention of the designer.
Magnificent settings of the Biscayne Bay are enjoyed with the floor-to-ceilings windows. The décor is custom designed and furnishings are a patterned black and gold welcoming guests as they marvel at the “floating staircase”, that commands the attention as soon as you enter this room.
The Tower Suite, one of only four of this type is quite a one-of-a-kind residence featuring two bedrooms and two and a half bathrooms. This Mondrian South Beach condo has 1,680 square feet of fabulously designed living space. The terrace is 791 square feet and the residence has a wine cooler, washer and dryer and each room has its own flat screen TV. WiFi is available along with all the other wonderful amenities you will enjoy.
Offered at $2,950,000, this condo also has a $1,759.45 per month maintenance fee which provides the amenities including access to the Tower Suite Lounge and a complimentary valet. When you own a Mondrian South Beach condo, the services provided are customized to your lifestyle and the benefits include two swimming pools, a fitness center, 5 Star Asia de Cuba dining, maid service and 24 hour room service.
A variety of choices are available including a two-bedroom bay view at 1,190 square feet which starts at $900,000, a one-bedroom city view at 740 square feet beginning in the $500,000′s range and a studio with 534 square feet, a gorgeous bay view and this luxurious condo starts at around $290,000. They all are designed by the famed Marcel Wanders.
If the purchase of a Mondrian South Beach condo interests you, currently the developer is offering financing. For domestic clients and foreign nationals they are offering a 5 year balloon, requiring 40% for foreign nationals and 80% down for domestic buyers. The requirements for foreign nationals are 7.5% APR along with three credit reference statements. For domestics the APR varies from 7% to 8.75% with 1.5 points and closing in 30 days. The financing of a condo within a condo hotel is not easy to finance in today’s market.
One of the exclusive offerings you will find when purchasing a Mondrian South Beach condo is the use of Monument Island in the future. This will be a private beach club and since the Mondrian was very involved in the island’s restoration, those who live in the Mondrian will have access to the use of this island.
In addition, resident discounts of 10% for spa treatments are available and a parking space which includes complimentary valet parking and a private entrance. The Morgan Group’s answer to the rental needs of South Beach is a Mondrian South Beach condo.