Mandarin is obviously one of the best 5 star hotel chains in the world. Then add world class developers and you have actually the best product there is in condo world. To top it off, the location is ridiculously good. It is by far the best product of the past 10-20 years in all of Miami, and probably also the #1 project of the next 10-20 years. At the moment, how many units are sold?
@@Khanfuzed1 It actually starts at 4 i think. Also it starts at like 2300 square foot, thats a size of average usa home. Plus possibly best non beach location in all of the miami, and all made by top designers and actually mandarin hotels are ranked #1 when it comes to 5star hotel chains. This will be one of the most appreciating condos in miami.
@@don_kandon6006 im sure it will be lovely, but im not naive enough to think this benefits miami in any meaningful way. It’s taking prime real estate and basically making it relatively low density for ultra rich part timers. Itd be great to see these people collaborating on a product that would actually benefit a larger group
@@blackbookpropertiesthis doesn’t benefit miami or other brickell key residents very much… kind of silly to keep building these types of buildings. woohoo 10% of people will actually live here. itll cost 5-20mil a unit. No one will care after its built because of that
this would be great… except only 120 units… come on man. Do you have to build this only for the ultra rich? You could do 300+ and still have luxury thats accessible
There are plenty of luxury condos with 300+ units. This more boutique high luxury condo residence like Mandarin Oriental in Brickell Key is very much in demand and supply is very very limited in Miami.
@@blackbookproperties umm… i know you guys know what buildings are coming online over the next few years. The overwhelming majority in prime lots near the water are almost this same model of hyper luxury large units. Then, if it is not this style its the polar opposite end of the spectrum where they do tiny units designed to be STR. Developers are failing the city. You’re highlighting the issue by looking at 1 metric “demand” for ultra rich and solving for that. So, don’t assume the people watching are stupid when you guys talk about how great this is for miami. It’s not. We’ll see minimal tax revenue from the 120 owners that we have to service in these developments and then we’re to be happy with the “exclusivity” that we don’t have access to. In exchange, another part of prime miami locked away from even above average performers indefinitely.
@@Khanfuzed1 I agree that it would be better if they could make more modest-sized or micro-units for primary homeowners. The challenge is that because of the financial requirements of pre-construction (40% down payment over the course of 2-ish years), the developers have to focus on the audiences that have that capability, which are the wealthy and or investors. It would be great if there could be a financial structure that would work for developers and end-users so that pre-construction would be more accessible to local end users, because then certainly developers would be more prone to come up with that product. By the way, that product does exist in the current market as well, but there are some neighborhoods where that is lacking for pre-construction at the moment. That said, the good news is that there is a LOT of existing product, including prime waterfront, that is relatively affordable and that end users can get access to with low down payments. If you or anyone you know wants a list of which buildings you can get into with low down payments (5-10%), just let us know. -Sep
Mandarin is obviously one of the best 5 star hotel chains in the world. Then add world class developers and you have actually the best product there is in condo world. To top it off, the location is ridiculously good. It is by far the best product of the past 10-20 years in all of Miami, and probably also the #1 project of the next 10-20 years. At the moment, how many units are sold?
hope you have 5-10 mil for a 2 bedroom 😞
@@Khanfuzed1 It actually starts at 4 i think. Also it starts at like 2300 square foot, thats a size of average usa home. Plus possibly best non beach location in all of the miami, and all made by top designers and actually mandarin hotels are ranked #1 when it comes to 5star hotel chains. This will be one of the most appreciating condos in miami.
@@don_kandon6006 im sure it will be lovely, but im not naive enough to think this benefits miami in any meaningful way. It’s taking prime real estate and basically making it relatively low density for ultra rich part timers.
Itd be great to see these people collaborating on a product that would actually benefit a larger group
Fantastic all the way around.
Glad you like it!
Gorgeous project!
It really is!
Awesome, I need to get a unit here🔥🔥🔥
Connect with us from condoblackbook dot com, and we will be happy to assist.
Exactly what Miami needs! Another monstrous glass tower for the ultra rich! 🙄
Yes, Miami is attracting more wealthy and high net worth individuals to Miami, and the demand for this kind of condo product is very high indeed.
@@blackbookpropertiesthis doesn’t benefit miami or other brickell key residents very much… kind of silly to keep building these types of buildings.
woohoo 10% of people will actually live here. itll cost 5-20mil a unit. No one will care after its built because of that
this would be great… except only 120 units… come on man.
Do you have to build this only for the ultra rich? You could do 300+ and still have luxury thats accessible
There are plenty of luxury condos with 300+ units. This more boutique high luxury condo residence like Mandarin Oriental in Brickell Key is very much in demand and supply is very very limited in Miami.
@@blackbookproperties umm… i know you guys know what buildings are coming online over the next few years. The overwhelming majority in prime lots near the water are almost this same model of hyper luxury large units.
Then, if it is not this style its the polar opposite end of the spectrum where they do tiny units designed to be STR.
Developers are failing the city. You’re highlighting the issue by looking at 1 metric “demand” for ultra rich and solving for that. So, don’t assume the people watching are stupid when you guys talk about how great this is for miami. It’s not. We’ll see minimal tax revenue from the 120 owners that we have to service in these developments and then we’re to be happy with the “exclusivity” that we don’t have access to. In exchange, another part of prime miami locked away from even above average performers indefinitely.
@@Khanfuzed1 I agree that it would be better if they could make more modest-sized or micro-units for primary homeowners. The challenge is that because of the financial requirements of pre-construction (40% down payment over the course of 2-ish years), the developers have to focus on the audiences that have that capability, which are the wealthy and or investors. It would be great if there could be a financial structure that would work for developers and end-users so that pre-construction would be more accessible to local end users, because then certainly developers would be more prone to come up with that product. By the way, that product does exist in the current market as well, but there are some neighborhoods where that is lacking for pre-construction at the moment. That said, the good news is that there is a LOT of existing product, including prime waterfront, that is relatively affordable and that end users can get access to with low down payments. If you or anyone you know wants a list of which buildings you can get into with low down payments (5-10%), just let us know. -Sep