Louver House, a 12-residence boutique development by Mast Capital, broke ground this December and is set to be complete in the first quarter of 2017. Designed by award-winning architect Rene Gonzalez, the luxurious three-story condominium also announced its sales success with over 50 percent of the residences under contract.
The ceremonial groundbreaking took place on the construction site and was an intimate, shovel-in-hand celebration among the development, design, contracting and sales teams.
“Louver House stands out because it has a single-family home feeling, where you have the benefits of privacy in an intimate community,” said Camilo Miguel Jr., founder and CEO of Mast Capital. “It’s humbling that buyers have been so receptive to that vision.”
Lead by ONE Sotheby’s Realty, sales for the project launched in January 2015. Louver House is located in the historic South of Fifth Street neighborhood of Miami Beach with prices ranging from $2.5 million to $3.9 million.
“We have very diverse buyers,” said Anna Sherrill, director of sales, “Many are looking to move to Miami Beach permanently, so we’re thrilled that they saw that opportunity in Louver House and in South of Fifth.”