Category Archives: English 2017

Miami Agent Magazine

Douglas Elliman’s Jay Parker breaks down Miami’s 2017 luxury market

The Miami luxury market suffered during 2016 for reasons that we believe relate much more to external influences than a slowdown in demand or interest – issues like the election, currency, Zika and the overall extraordinary growth Miami has experienced since the recession contributed to the pause. Additionally, price escalations created hesitancy. Today we are seeing significant movement in the luxury space, and in fact, Douglas Elliman since the start of 2017 has closed on numerous record-breaking single-family home sales, condo sales and new development sales. With that, many ultra-luxury developments have recently hit the market and stirred up buyer interest. Eleven on Lenox, Shoma Group’s first luxury residential development in Miami Beach, is one of those projects. It offers buyers the ultimate coastal retreat with easy, walkable access to shopping, dining, work places and entertainment venues. The project’s footprint is at the center of one of South Beach’s most desirable and emerging neighborhoods, with recently announced dining and shopping offerings, including a Trader Joe’s. Ultimately, I believe that the demand for Miami’s luxury real estate is real and growing, and a big part of that is we remain a discounted market compared to other major metropolitan markets around the country and world.

Metro Citizen

Shoma Group has just released four new renderings of its first residential project in Miami Beach –Eleven on Lenox. A collection of 11 exclusive beach houses, Eleven on Lenox is a celebration of the beach house that combines the spirit of Miami Beach with the style and prestige of an exclusive address.

The new renderings depict several of the development’s luxurious features, including its spacious bedrooms, den, living room, and convenient double private parking garage. Ranging from 4,403 to 4,669 square feet excluding the outside terraces and balconies, the beach houses at Eleven on Lenox are realized over three expansive floors that flow together seamlessly yet stand alone in beauty and purpose. Amenities include a modern summer kitchen and private pool, a glass-enclosed elevator, and a smart lighting system.

Resident.com

Shoma Group, one of South Florida’s leading real estate development firms, is pleased to announce its first residential development in Miami Beach, Eleven on Lenox. A collection of 11 exclusive beach houses nestled in one of South Beach’s most desirable neighborhoods, Eleven on Lenox is a celebration of the beach house that combines the spirit of Miami Beach with the style and prestige of an exclusive address.

Located within walking distance from vibrant Lincoln Road, Eleven on Lenox is surrounded by culture with the area’s chic shopping and dazzling dining destinations and attractions right at your door step. Introducing a more metropolitan feel to private residential living, the project’s neighbors include New World Symphony, The Wolfsonian Museum and Miami’s historic Art Deco district, offering buyers the rewarding benefit of walking to shop, dine and play.

Unique Homes

Eleven on Lenox, which will consist of 11 state-of-the-art beach houses located within walking distance to Lincoln Road, hopes to redefine South Beach living by featuring organic shades and textures inspired by the surrounding environment.

“We focused on a specific palette for the residences, utilizing shades and textures reminiscent of the ocean and sand,” said Charles Allem, Director of Design at CAD International. “The materials we selected – including honed materials, stone and marble –appeal to all senses, particularly sight and touch.”

The environment inspired a unique lifestyle in each of the houses, featuring sand and stone color palettes, and differing greatly from neighboring residences. Each of the homes offer modern landscaping, tranquil water features, spacious and bright bespoke interiors with parchment-colored matte lacquer finishes and wood accents throughout.

Metro Citizen

Shoma Group, one of South Florida’s leading real estate development firms, is pleased to announce its first residential development in Miami Beach, Eleven on Lenox. A collection of 11 exclusive beach houses nestled in one of South Beach’s most desirable neighborhoods, Eleven on Lenox is a celebration of the beach house that combines the spirit of Miami Beach with the style and prestige of an exclusive address.

Located within walking distance from vibrant Lincoln Road, Eleven on Lenox is surrounded by culture with the area’s chic shopping and dazzling dining destinations and attractions right at your door step. Introducing a more metropolitan feel to private residential living, the project’s neighbors include New World Symphony, The Wolfsonian Museum and Miami’s historic Art Deco district, offering buyers the rewarding benefit of walking to shop, dine and play.