If you do a search for new luxury real estate developments in South Florida the overwhelming number of available properties will amaze you. But consider narrowing the search criteria just a bit to hone in on properties with prime amenities, ocean views and free membership to a private jet service all for under a $1M, and that list narrows drastically to just one listing – Aurora Condominiums.
The 61-unit boutique style development in Sunny Isles, just north of Bal Harbour is a seventeen story, mixed use property that will sit on the west side of Collins Ave; Aurora will be the first new development to break ground on that side of the avenue in nearly a decade. The top thirteen floors are designated residential, the ground floor will offer options for commercial use. Parking is reserved for the 2nd and third floors.
Although not directly on the beachfront, the development offers amazing ocean views. With 2 and 3 bedroom floor plans ranging from 1,500 to 2,100 square feet, with private lanais and penthouse options. When asked whether there were concerns about how potential buyers would respond to the indirect ocean access developers expressed confidence in their strategy of focusing on competitive pricing and quality development.
“Our price point is two times less than units of the same quality that are on the ocean. Because we’re across the street, we are able to offer our units for much less.” says Tim Lobanov, Managing Director of Verzasca Group, Auroa’s development company. “With the beach concierge service that we offer and the ocean views that residents still have, they really don’t feel like they’re missing out on anything.”
Luis Revuelta, Principal at Revuelta Architecture, who designed the property, also offered some perspective on the location of the development. “Collins Avenue in Sunny Isles Beach divides areas of low-to-mid-rise density to the west and pronounced high-rise buildings to the east. From an urbanistic, as well as architectural standpoint, our project serves as the proper elegant transitional piece between these two opposing conditions.”
Each residence offers floor-to-ceiling windows, 10’ ceilings, and private elevator entry. Designed with modern finishes, combination of natural stones and woods – the aesthetic is beachy, but still maintains the element of elegance you’d expect from a luxury condominium, the work of renowned interior design team, Antrobus & Ramirez.
The building amenities are world class, but in the highly competitive world of luxury real estate most of these are considered pretty standard: a resort style pool and recreation area, indoor/outdoor entertainment areas designed especially for children and families to enjoy, and a state of the art gym with yoga center. The one amenity that sets Aurora apart is the one-year complimentary membership to JetSmarter that is awarded with every purchase.
“In our efforts to attract buyers from Northern states – New York, Maryland, etc. – we made the decision to partner with JetSmarter to make it easier for them to fly down to their second home in South Florida,” Lobanov explains.
Although the addition of the JetSmarter member has not directly resulted in any sales yet, the feedback and buzz surrounding the membership has been positive, particularly from owners who have already started to use the service. The JetSmarter membership is valued at $9000 and offers flight services to 170 countries.
Aurora will break ground in February 2017, and has already sold 30% of their units.
For more information visit AuroraSunnyIslesBeach.com