The W Hotel is known all over the world for its luxury and style. The same holds true
for its property situated in Miami Beach.
It is the perfect combination of quintessential Miami Beach lavishness and total indulgence of living at the W Hotel and Residences in South
Beach.
Built in 2008, the W South Beach is a glorious condo-hotel with
the most amazing views of the Atlantic Ocean.
With 500 condo-hotel suites on 20 floors made up of studios as well as
one, two and three-bedroom residences, the W South Beach is hands above many
Miami condominiums throughout South Beach and all of Miami-Dade. Additionally,
for elite owners, the bungalows and penthouses are beyond compare.
People Who Made the W South Beach Possible
The W South Beach is owned and operated by Tristar Capital
and RFR Realty. Several heads came
together to make the idea of the W Hotel and Residence in South Beach a
reality. Renowned designers from all
over the world were asked to be part of the process including famed architect, Costas
Kondylis who partnered with NBWW & Associates (Fontainebleau Resort and
Residences and 1080 Brickell) to create the property that now is a South Beach
oceanfront landmark.
Location of the W South Beach
There is no better location than that of the W South Beach –
directly facing the Atlantic Ocean and within blocks of all that South Beach
has to offer. Located at 2201 Collins
Avenue, residents and their guests can walk to Lincoln Road and its top rated
restaurants as well as the best shopping destinations in all of South
Florida. Additionally, a short drive
lands those who want to go at the best golf in all of Miami Beach as well as
just across the bridge is hip and happening Downtown Miami, the Wynwood Arts
District and the up and coming Design District.
Amenities at the W South Beach
Where do we even begin? There are so many amenities in each residence
as well as throughout the entire property.
As for community amenities, first and foremost, there are the 300 feet
of pristine oceanfront land with private beach access; two outdoor
infinity-edge pools; private pool cabanas with flat screen TVs; a secret Garden
with fountains and private outdoor showers; access to the world-famous Bliss
Spa; a door attendant and multilingual staff; foreign currency exchange; 24/7
security; and much, much more. Oh, and
residents and guests are extended the same courtesies as those staying through
the hotel itself.
Inside each residence, property owners can expect to find
perfectly designed and fully furnished residences; spacious glass balconies
with incomparable views of the beach; ceilings that exceed nine feet in height;
a full kitchen with high-end appliances (catering kitchens in some units); wood
and marble flooring throughout each residence; imported cabinetry, spa showers
and beautiful marble sinks in the bathrooms with soaking tubs in the larger
residences; W Hotel signature down bedding (if you have stayed at a W Hotel,
you know how great their beds are); two plasma televisions, CD and DVD player;
state of the art technology including wireless high-speed internet service, and
an iPod docking station, multi-line telephones and Bose wave radios; custom
closets with built-in cabinets and shelves; owner closets with locks; and, so
much more.
Real Estate at the W South Beach
At the W South Beach, accommodations include luxurious
studios along with one, two and three bedroom residences that range in size
from just under 600 square feet to almost 3,000 square feet for an upper level
penthouse with amazing 360-degree views.
With W South Beach real estate, property owners have the ability to
lease their residences on a short or long term basis – or even live there
themselves!
List prices typically start in the mid-$800s and climb to
$15,000,000 for three-bedroom upper floor penthouses. The most recent sales were one-bedroom units
and sold in a couple of months of listing.
Currently, there are about 35 properties listed for sale at the W South Beach.
As for W South Beach rental property, rental rates start at $5,000
and go all the way to $40,000 per month.
The units at the W South Beach are fully furnished and offer everything that
discriminating guests want. Most of the
listed rentals feature short term rates but are also available on a long-term basis.
For investors, another option for leasing is to set up the
leasing through the W’s in-house property management program. Because the W South Beach operates as a hotel
as well, the rates for this plan may be substantially more as they typically
charge anywhere from $700 to over $7,000 per night.
As a gauge, the beautiful Setai is situated next door and
caters to the same discriminating buyers and guests. List prices at the Setai start at over $1
million and exceed the $20 million for upper floor larger residences. As for Setai rentals, monthly rates typically
start around $5,000 and climb to well over $30,000 - $40,000.
Ideal for Discriminating Buyers
The W South Beach is ideal for discriminating buyers or
anyone who has a certain level of expectation for what they need and want in luxury Miami real estate. To own property of
this magnitude that is tied to the reputation of the W Hotel is
incomparable.
