Press Roundup: Flocking to MiamiPosted 11.29.2023
Missoni Baia continues to be the talk of the town, with coverage of these Edgewater condos marking its soaring sales as it passes the halfway mark in construction. The Next Miami reports that construction on the 57-story tower, designed by Asymptote Architecture’s Hani Rashid, continues on pace, with 53 stories already completed and each week adding another story to the tower. Sales at the legendary Italian fashion house’s first branded residential tower have also been making headlines, with a surge in sales in the last 60 days, according to Globe St.
Buyers have been flocking to Missoni Baia in tandem with the white-hot Miami luxury real estate market. Miami continues to attract domestic buyers with its stellar amenities and a lifestyle unlike any on offer in other major US cities. In an interview with Miami Herald, OKO Group’s Vladislav Doronin, who developed Missoni Baia in partnership with Cain International, noted the attraction of Miami, especially after more than a year of living with the pandemic. According to Doronin, “Now also people are coming because Miami has a nice style of living, not only because of the weather but you can live a normal life here.”
The appeal of Miami is universal. “Everyone wants to enjoy life, to go to restaurants, walk on the street, go on the beach,” said Doronin. The luxury Miami waterfront condos for sale at Missoni Baia have a particularly enticing appeal for future residents, thanks to its luxury amenities. As Doronin added, “At Missoni Baia you get five pools, a gym and even a spa for pets. There’s a tennis court. You can’t get that in New York.”
Due to its favorable tax structure and business environment, savvy buyers will continue to flock to Miami long after the pandemic, according to Jonathan Goldstein, CEO of Cain International, which has partnered with OKO Group in the development of Missoni Baia. As Goldstein told The Miami Herald, “Who isn’t going to want outdoor space in a warm place? Miami has every box ticked: the quality of residential real estate, entertainment, sports, business.” According to Goldstein, Missoni Baia’s location and views simply cannot be replicated elsewhere.
Vanessa Grout, CEO of OKO Real Estate, explained to Globe St. that nearly a thousand people have been moving to Florida daily. “The pandemic, coupled with people and businesses looking to relocate to tax-friendly states with reduced business and living expenses, is enticing out-of-state residents to make the move to Florida,” said Grout. Missoni Baia is nearing top-off with an anticipated completion date at the end of the year, as buyers continue to flock to these waterfront homes to take advantage of their unique work and lifestyle offerings.