miami beach real estate

Apr
29

The 1800 Club – Miami

By: Ines Hegedus-Garcia on April 29, 2009

1800 Club Condo - viewsWhen it comes to Miami Luxury Condos, The 1800 Club is at the top of the list.  It’s location is perfect with endless bay views that take your breath away.  It’s in the Performing Arts District, within walking distance to Bayside Marketplace, The Miami Airlines Arena, restaurants, cafes and nightlife.  Designed by Bermello & Ajamil, and although I’m not a fan of their architecture, the small design flaws are made up by the views, views and more views of Biscayne Bay, The Port of Miami and Downtown Miami.  The building is located across the street from Margaret Pace Park recently developed by the City of Miami with tennis courts, exercise stations and pedestrian walk-ways, basketball court, soccer fields, cricket fields, playground and barbeque facilities.  (because of the park, the views will never be obstructed).

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The 1800 Club is an exclusive 41-story tower with 469 residences – full service with:

  • concierge staff
  • 24-hour valet parking
  • mail room and package receiving desk
  • 2-story-high recreational floor with Bayfront veranda
  • heated pool
  • state-of-the-art gym with spectacular views
  • yoga/aerobics studio
  • steam and massage rooms
  • shallow pool area with chaise lounges and landscaping
  • billiards room with large screen plasma tv
  • party/events room

There are a number of different floor plans and options for every budget and living style.  From smaller 1 bedroom residences to 2-story townhomes and mixed-use lofts.  Although you would have the tendency to think that the units directly facing the bay would be the best ones, I have to tell you that it’s worth taking a look at the others as well – with spectacular terraces and great ceiling heights, the South facing residences are also stunning.

The 1800 Club CondoThe 01 line is the Southeast corner of the building with rounded balconies and one of my favorite floorplans – These are 3 bedroom/3 bathroom residences with 2,189 square feet of living space and currently priced between $555,000 and $790,000

1800 Club CondosThe 05 line is an open loft-style one bedroom / 1 bathroom residence with exposed ducts and direct bay views – these start at $174,500 to $205,000

Miami Luxury Real Estate
The 11 line had something I love, a covered terrace with amazing views – nothing like a porch to enjoy our South Florida weather – these are 1 bedroom residences with 1.5 bathrooms priced between $247,500 and $292,500. (The terrace alone is spectacular).

1800 Club ViewsMajestic Properties has the left over inventory at The 1800 Club, the inside scoop is that prices were reduced over 30% and they are almost 70% sold and close to being Fannie Mae approved.  Majestic is also working on construction/lender financing with 20% down at a 5% fixed APR for 5 years and also will offer financing for foreign nationals with 30% down @6% APR for 5 years (which is unheard of!).

The noise in the street is that the developer is not very flexible with the current prices and buyers are choosing Quantum next door and other opportunities.  But I will be totally honest with you, if I was given the choice, 1800 Club is a superior building…..but that’s only my opinion and many may disagree with me.

**AFTERNOTE:  I can’t believe I forgot to mention this…..but…..can someone tell me what in the world was the developer thinking when he chose the finishes for the bathrooms?  Gold??  yes….gold fixtures??  GROSSNESS!!**

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4 Responses to “The 1800 Club – Miami”

  1. Gen says:

    The pictures look amazing. Any way to make them bigger? Only thing that bothers me about that building as well as its neighboring buildings is the insane traffic during events and mornings/afternoons.

  2. Ines Hegedus-Garcia says:

    Gen, here’s a link to the Flickr set with all the photos (you can see them bigger there if you want)
    http://www.flickr.com/photos/miamism/sets/72157617495749184/

    This building doesn’t have bad traffic (like 900 Biscayne, Ten Museum or Marina Blue) – that’s what makes the location so desirable….the others are more in the middle of the action and you can feel the energy at certain times of the day.

  3. kellen says:

    how many of the units have delinquent condo association fees? Over 15% and no one’s gonna be able to buy anything….

    and, yes, god those bathrooms are awful. concessions in sales price to pay for the renovation to that god-awful finishing?

  4. Ines Hegedus-Garcia says:

    Kellen, I don’t know how many units have delinquent maintenance fees, but remember that the developer still has control of the condo and has not been turned to a board yet. It’s always a good question to ask when buying anything in Miami – the law is specific about condo docs including financials and that’s the perfect time to scrutinize those #’s.

    The units are all designer finished and most buyers will redo baths and kitchens anyway – it’s a shame that they used gold…as if they forgot to consult their interior designer

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