Multiplan Real Estate Asset Management Launches Ocean Park South Beach, 10 Magnificent Ocean and Park-Fronting Residences

1/13/20

A perfect 10…Multiplan Real Estate Asset Management (MultiplanREAM) today announced plans to develop Ocean Park South Beach -- an exclusive boutique condominium featuring a limited collection of 10 luxury beach residences in the prestigious South of Fifth (SoFi) enclave. Douglas Elliman top-producers Eloy Carmenate and Mick Duchon -- who have closed more than $1 billion in transactions -- will oversee sales.

The exclusive four-story project will not only be located on the famed Ocean Drive thoroughfare and across from the sparkling Atlantic Ocean and its powder-white beaches, but it will be just steps from the lush green gardens of Marjory Stoneman Douglas Park, which feature paved promenades, outdoor exercise areas, and children’s play areas -- perfect for families, friends, and pets. Thanks to the unparalleled location of the boutique building, both the ocean and the park will double as two of the most coveted and accessible amenities for residents’ year-round enjoyment, essentially giving well-heeled homebuyers the rare ability to enjoy the best of both worlds.

“Ocean Park South Beach is a beautiful addition to the Miami Beach coastline and we look forward to a successful marketing and sales campaign led by two of our finest agents, Eloy Carmenate and Mick Duchon,” said Howard M. Lorber, Executive Chairman, Douglas Elliman.

Industry leaders, Carmenate and Duchon of Douglas Elliman have been touted as top producers for their record-breaking sales, successfully selling out multiple new developments including 1500 Ocean Drive, Il Villaggio and Glass. They have also been a vital part of numerous new development sales at Beachhouse 8, Louver House, L’Atelier, Continuum South Beach, Setai Miami Beach, Murano Portofino, Murano Grande, Icon South Beach, Capri South Beach and Eighty Seven Park.

“Luxury living is defined by tangible and intangible elements and experiences – which will be the very essence of Ocean Park South Beach,” said Marcelo Kingston, Managing Principal of Multiplan Real Estate Asset Management, the visionary developer behind the exquisite 57 Ocean condominium on Millionaire’s Row. “The ability to wake up every morning, take in the sights, sounds, and refreshing breezes of the ocean, and enjoy an invigorating walk along the beach, are truly some of life’s greatest pleasures. A seaside setting as incredible as this one -- coupled with the splendor of the South of Fifth surroundings and the adjacent park -- will epitomize oceanfront living at its finest.”

Designed by globally acclaimed architect Revuelta Architecture International, with interiors by Marcela Lombana and landscaping by Gardner Semler Landscape Architecture, the property, which is slated for completion in December 2021, is already being singled-out for its chic yet relaxed South Beach lifestyle, encapsulated by thoughtfully designed floorplans, sophisticated organic interiors, expansive terraces, and curated amenities.

Two- to three-bedroom residences, starting at $1.5 million, will range in size from 1,117 to 1,715 square feet, with large terraces providing an additional 267 to 1,194 square feet of outdoor living space. Highlights will include private elevators that open directly into home foyers, 10-foot ceilings, floor-to-ceiling windows with 10-foot sliding doors, light solid oak wood and natural stone flooring, and kitchens by Poliform with Matte Touch cabinets, Wolf and Sub-Zero appliances, and Silestone Calcatta Gold stone grooved waterfall edge countertops and backsplashes. Sumptuous master baths will be complete with floating vanities with marble showers, floating European-designed standalone bathtubs and double-sinks.

Two four-bedroom penthouses, priced upwards of $6 million, will comprise 2,393 square feet of interior space as well as 1,564 square feet of expansive terraces. Each will additionally be marked by 12-foot ceilings, floor-to-ceiling windows with 12-foot sliding doors, an upgraded appliance package with a tower wine cooler and double-fridge unit, and a rooftop deck with a private spa pool, summer kitchen, and dedicated powder room.

Features and services throughout Ocean Park South Beach will be lavish and state-of-the-art. In addition to lushly landscaped tropical outdoor areas -- replete with vibrant species of flora and fauna -- there will be a 36-foot pool with Italian-designed poolside chaise lounges and umbrellas, an outdoor relaxation spa with a Jacuzzi, a poolside summer kitchen and outdoor dining area, a relaxation lounge on a sunset pool deck, and beach service. The property’s central location will furthermore put residents well within reach of Oceanfront Park and South Beach’s myriad of gourmet restaurants, nightlife venues, and boutique shops.

The property’s beautifully-appointed sales gallery loft is located at 135 Ocean Drive in Miami Beach. Douglas Elliman is the exclusive residential brokerage. For additional information, call 305.800.SOBE (7623) or visit OceanParkSouthBeach.com.

About Multiplan Real Estate Investment

Florida-based Multiplan Real Estate Asset Management was established by internationally recognized developer Dr. José Isaac Peres to pursue real estate development opportunities in the South Florida real estate market. Dr. Peres began developing in Miami Beach more than two decades ago with the luxurious Il Villaggio on Ocean Drive. Today, the firm is building two of the Beach’s most highly anticipated developments: 57Ocean and Ocean Park South Beach. Dr. Peres is the founder of Multiplan -- the largest developer of real estate in Brazil. Over the course of his career, Dr. Peres has developed more than 35,000 residential condominium units in more than 350 projects throughout Brazil and South Florida, with a particular focus on sustainability.

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