Fortune International Group Announces $6.6 Million Sale Of Move-In Ready Oceanfront Residence

1/12/21

Fortune International Group today announced the $6.6 million sale of move-in ready residence, No. 4901, in the developer’s award-winning Jade Signature condominium tower in Sunny Isles Beach. The transaction represents the sale of the last remaining residence outside of Jade Signature’s “The Collection” – a portfolio consisting of the tower’s most luxurious offerings, including two-story Sky Villas and a soon-to-be-unveiled two-story penthouse, ranging from $11.9 million to $29.5 million.

The sale of the contemporary retreat, No. 4901, which was finished by Fortune International Group Construction Division,is the latest in a string of recent turnkey residence sales at the property --including seven over the past year -- as the pandemic only amplified the demand for fully finished, move-in-ready residences. Created by Pritzker prize-winning architecture firm Herzog & de Meuron, with interiors by Parisian interior design firm PYR and landscaping by architect Raymond Jungles Inc., Jade Signature is widely lauded as Miami’s most architecturally extraordinary oceanfront address -- named by Dezeen magazine in 2018 as one of the world’s top skyscrapers.

With flow-through views of both the ocean and Intracoastal Waterway, the five-bedroom, six-and-a-half-bath home features 4,953 square feet of space as well as 1,454 square feet of sprawling terraces. Stunning accents and finishes abound, including exceptional millwork and an utterly timeless palette of beige and white, complemented by floor to ceiling glass windows and sliding doors throughout and the addition of artfully placed bronze mirrored panels to reflect the beautiful colors of the sea.

“This residence is among the most stunning in Jade Signature – reflective of the building’s overall attention to detail that has made it among the most sought-after in South Florida,” said Edgardo Defortuna, President and CEO of Fortune International Group.“Representing our last residence outside of “The Collection” offerings, the sale of No. 4901 is a testament to the tremendous demand among well-heeled buyers to live in this tower, as each of our turnkey homeshave been met with almost immediate purchase.”

Likened to its own private retreat, the light-filled residence is complemented by 10-foot ceilings, walls of glass, and an open floor plan. Designed for entertaining, the home features a family room, living room, dining room, bar, playroom and service quarters. There is a kitchen with European designer cabinetry handcrafted by Snaidero and appliances by Gaggenau® and Sub-Zero®. The master bedroom boasts a resort-like feel with a separate sitting room and master baths that - dramatically extended by oceanfront terraces -- feature PYR custom-designed cabinetry and modern twin basins.

The listing agent was Fortune Development Sales and the in-house agent assisting the sale was Elizabeth Garcia. The buyer was represented by Saddy Delgado Abuanzawith One Sotheby’s International Realty.

Currently, a limited number of residences remain for sale within the building, including Jade Signature’s “The Collection” – a compilation of two-story Sky Villas and a two-story penthouse, ranging from $11.9 million to $29.5 million. The Sky Villas offer stunning features, such as flow-through views, expansive terraces, private elevators, smart technology, service quarters and PYR-designed bathroom cabinetry. Soon to be unveiled next month, the two-story penthouse boasts all of these world-class features as well as a private pool, gym and 360-degree views.

Fortune International Group

Synonymous with excellence, quality, customer service and unwavering commitment to the highest standards of luxury, Fortune International Group has been a recognized leader in development, sales and marketing since 1983. With over 7,000 units and 9 million square feet of projects delivered, the company’s prestigious development portfolio includes many of the most prominent residential properties in South Florida including Jade Signature, The Ritz-Carlton Residences Sunny Isles Beach, Auberge Beach Residences and Spa Fort Lauderdale, Jade Residences Brickell; Jade Beach, Jade Ocean, and Hyde Resort & Residences Hollywood. In addition, Fortune Development Sales is the premier, exclusive on-site sales and marketing representative for third-party development projects in South Florida, having sold more than 25,000 units and currently representing some of South Florida’s most successful projects such as: Missoni Baia, Una Residences, 57 Ocean, 2000 Ocean, Monaco Yacht Club, 1 Hotel & Homes South Beach, Brickell Flatiron, SLS Lux & Gran Paraiso, among others. Led by visionary founder Edgardo Defortuna, Fortune International Group has 18 offices around the world with nearly 1,000 associates. Fortune’s international broker network reaches legions of prospective buyers from South Florida to Buenos Aires, Hong Kong to São Paolo, and Manhattan to Paris.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.