Monaco Yacht Club & Residences Drops Anchor To Celebrate Topping Off

2/18/21

Boutique Bayfront Development Curated by Piero Lissoni and Arquitectonica Celebrates Major Construction Milestone; Slated for Delivery Fall 2021

Monaco Yacht Club & Residences, the widely-anticipated, new boutique Bayfront residences and private marinawell-sited on one of Miami Beach’s last remaining waterfront parcels, has officially topped off construction at 12 stories.

Developer Optimum Asset Management USA celebrated the milestone today in tandem with the boutique Bayfront condominium’s exclusive sales broker, Fortune Development Sales, and the general contractor, Moss Construction. Located at 6800 Indian Creek Drive, Monaco Yacht Club & Residences is an exclusive enclave of thirty-nine luxurious waterfront residences and a private marina in collaboration with two of the most esteemed names in design, Piero Lissoni and Arquitectonica.

To commemorate the topping off, the development team -- including Matthew Barry, Managing Director of Optimum Asset Management USA; Jamie Telchin, Executive Director of Optimum Asset Management USA; Edgardo Defortuna, President and CEO of Fortune International Group; and Andrew McAllister, Co-President of Moss Construction South Florida --took to the top of the building, where they popped champagne and posed for photos against a dramatic background of Biscayne Bay and the city skyline. Moss Construction additionally hosted a celebratory lunch for 250of the company’s construction workers, engineers and other contractors who have been instrumental in the tower’s rise.

Completion of the internationally-lauded project, which broke ground in February 2020, is on-schedule to be delivered in the Fall of this year.

“Seeing Monaco Yacht Club & Residences come to life and now in its final dimensions is an especially proud moment,” said Matthew Barry, Managing Director of Optimum Asset Management USA. “The global response to the tower has been nothing short of compelling and a testament to its international appeal. Now more so than ever before, buyers are recognizing the importance of having the intimacy of a full-service boutique building combined with the exclusivity of being located on one of the last remaining waterfront properties in the area.”

With a coveted location in Miami Beach’s MiMo District, Monaco Yacht Club & Residences introduces a new dimension in sophisticated European design and elegant, waterfront living synonymous with the French Riviera to Miami Beach.

To be delivered fully-finished, each of the modern unit interiors were meticulously curated with precise attention to detail, inclusive of the refined Italian-made fixtures and finishes, with Arrigoni wide plank wood flooring from Austria. The design palette of warm whites and rich woods for the lobby and the premier “Resident’s Lounge” -- featuring a library and breakfast bar for leisurely waterfront dining -- evoke a timeless, classic mood reminiscent of a luxurious Côte d’Azur summer resort and responds to the building’s program of luxury living, fun lifestyle, laid-back environment, and relaxed atmosphere.

“Luxury buyers from across the globe have been specifically seeking this project out for its boutique, full-service offering, unparalleled Bayfront location, and the rare opportunity to dock one’s boat in their very own backyard,” said Edgardo Defortuna, President and CEO of Fortune International Group, the project’s exclusive broker. “Combining the spectacular style and extraordinary talents of Piero Lissoni and Bernardo Fort-Brescia with an array of first-class services and amenities, Monaco Yacht Club & Residences celebrate the very best Miami Beach has to offer.”

Monaco Yacht Club & Residences will include one to four bedroom residences, ranging in size from 918 to nearly 5,000 square feet. A limited collection of two impressive penthouses will offer expansive living areas, including private terraces with summer kitchens, starting at 2,888 square feet. Primed for indoor/outdoor living and entertaining, the meticulously designed homes will feature expansive wraparound terraces – each with finished floors and ceilings and sweeping views of Biscayne Bay, the Atlantic Ocean and the Miami skyline – as well as contemporary Italian kitchens by Boffi. Additional highlights within the residences will include stone countertops, 10-11-foot high ceilings throughout, large walk-in closets, pre-wired for Home Automation systems to accommodate the latest “Smart Building” technology, private elevator entrances, and premium bathroom interiors featuring imported Italian marble flooring, spacious tubs and frameless, glass-enclosed rainfall showers with designer faucets.

Offering the best of a yachtsman’s lifestyle, Monaco Yacht Club & Residences feature a 12 slip marina available exclusively to residents, as well as a yachting concierge for maintenance needs, yacht charters or sailing, and fishing excursions for the day to the Bahamas, the Florida Keys or to enjoy the Atlantic Ocean and the best of South Florida’s coastal living. Other waterfront amenities include paddle boarding, kayaking and more.

A myriad of additional resort-style amenities include a breathtaking rooftop terrace with panoramic views of the Miami skyline featuring a pool with poolside chaise lounge chairs, Jacuzzi and shaded lounge areas with a grill for entertaining; as well as a state-of-the-art fitness center overlooking Biscayne Bay.

With exclusive sales and marketing handled by Fortune Development Sales, Monaco Yacht Club & Residences are priced from $1.1 million. For more information, please call 305.749.9126, visit the website at https://monacoyachtclubresidences.com/, or schedule a showing by appointment only at the sales gallery located at 6897 Collins Avenue in Miami Beach.

About Optimum Asset Management:

Optimum Asset Management is a visionary, fully integrated real estate and development investment firm that specializes in curating, creating and delivering unique, exclusive lifestyle and architecturally distinct properties. Optimum’s very selective investments are comprised of ultra-luxury condominiums, high-end retail, strategically located lifestyle boutique hotels and “Class A” office buildings in some of the best locations in growing, stable cities throughout the globe. Headquartered in Luxembourg, Optimum Group’s U.S. operations are managed in the Miami office, with additional offices and investments located in New York City, Boston and Philadelphia. The firm’s current global real estate portfolio in high barrier to entry markets exceeds $2 billion in both stabilized and projects under development. For more information, please visit http://www.optimumam.com/.

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.www.fortuneintlgroup.com.

Moss:

Moss (www.mosscm.com) is a national privately held construction firm providing innovative solutions resulting in award-winning projects. With regional offices across the United States, Moss focuses on construction management, design-build and public-private partnerships. The company’s diverse portfolio encompasses a wide range of sectors, including luxury high-rise residential, landmark mixed-use developments, hospitality, K-12 and higher education, justice and solar energy. Moss is ranked by Engineering News-Record as one of the nation’s top 100 general contractors. Moss prides itself on a strong entrepreneurial culture that honors safety, quality, client engagement and employee development. Its employees consistently rank Moss as one of the best places to work.

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