Murano 308 Re-Imagined

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A one of a kind 2BR/2.5 Bath, Lanai level unit at the Murano, which is among the most sought after buildings in the South of Fifth neighborhood. Unit 308 boasts a large private terrace plus an oversized balcony off the Primary bedroom. The spacious living room opens to the Terrace through a full width glass wall, and with 1791 SF of Living area, it is the largest unit in Tower 1. Murano provides a golf cart for South of Fifth service and a Van for longer trips, Beach Chairs and Umbrellas at the Beach, a Pool, a Call Me Gaby restaurant at the Murano Beach Club, an upgraded 2-story Gym, and coming soon is a new Pool deck that will feature Padel, Pickle and Tennis courts plus a second Pool, Hot Tub and Cold Plunge, Cabanas and a Summer Kitchen.  A seasoned staff provides front desk, valet, security and trainer services.  Arrange for a private showing and make it yours for the asking price of $3,250,000.00

 

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Furnishings in both of the photos above were virtually generated, but do reflect the size and proportions of the rooms.

Raised Pavillion

Yoga on Pool Deck

Entry from Tower

The three photos above are architectural renderings of the Pool Deck renovation currently underway on the same Lanai Level as the unit.

 

South of Fifth Market Stats

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Luxury Living in South Beach is largely synonymous with living in the South of Fifth neighborhood. Multiple waterfront towers often designed by world-reknown architects, within walking distance  to some of the best restaurants, and adjacent to the Beach, Marina, and South Pointe Park. It’s pretty special!  Sales in the neighborhood vary from building to building for a variety of reasons ranging from purchase price, to amenities, to impact of large construction projects and related special assessments, and even to then location within the neighborhood. A balanced Real Estate market is generally considered one where there is an inventory of properties that can generally be absorbed within 6-9 months.  When it takes longer for properties to be absorbed (sold) it is generally considered to be a Buyers market, and when it takes less time, a Seller’s market. The chart below shows in blue, how many units are currently on the market in each building, and in green, how many have been sold in the past 6 months. So if the bar chart for each building showed two columns of equal height it would be indicative of a balanced market. As you can see by clicking the first link below, there is a significant disparity among the buildings.  Clicking on the second link will give a clearer picture of the range of disparity among the buildings which goes from a few months to more than a few years.

 

WaterfrontStats

AbsorptionRate

 

 

Murano Grande Price Adjustment

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Perhaps the best opportunity to own a renovated 3/3/1 waterfront condominium in the South of Fifth neighborhood of Miami Beach. Now with a $150,000 price reduction, it can be yours for just $3,599,000.  Created by combining 2 smaller units, it now boasts 2,643 SF of Living Space, features 4 parking spaces (2 assigned and 2 Valet), and is temperature controlled by two separate systems. The Flo-thru unit is located on the Lanai level with an expansive Terrace providing easy access to to the Pool, Tennis Court and Restaurant. The interior space is well thought out with a formal Living/Dining area and Primary Bedroom Suite at one end and a Family Room with two en-suite Bedrooms separated by a large kitchen, at the other.  The building remains as one of the most desirable in the neighborhood for its broad amenity mix which includes Valet Parking, on-Site Management, a modern Gym, Pool, and Tennis Court  and more. MLS# A11714759

The unit is easy to show and available to view by appointment

Murano Grande

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There are currently 11 Waterfront Tower units on the market in the South of Fifth neighborhood.  Priced at just over $1400/SF, unit 509 is about $200/SF less expensive than the next highest price similar unit in the neighborhood.  Additionally, with over 2600 SF of Living Area it is the largest 3/3  unit on the market in the neighborhood for under $5,000,000.  Offered at $3,750,000, unit 509 is unique opportunity to get an ungraded unit at a competitive price.  Take a look at the link below and see for yourself.

https://portal.onehome.com/en-US/share/2902112D53799

SUNDAY OPEN HOUSE AT MURANO GRANDE

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Sunday, July 13, 2025
12:00 – 2:00

This impeccable 3 Bedroom 3.5 Bath unit at the Lanai level the Murano Grande Condominium at 400 Alton Road  in Miami Beach is a “Must See.” Carefully reconfigured from two smaller units, it features a thoughtfult balance of formal and family space by having the Primary Bedroom and formal living/Dining room at one end, and another two Bedrooms and family room at the other, separated by a great kitchen, Gallery and entertaining space. It also boasts 4 parking spaces for Valet and Self Parking. The new Flo-thru design features a sunrise balcony at one end and an oversized terrace at the other just steps up to the Pool Deck, Tennis Court, and Restaurant.  If you can’t make the Open House let me know to arrange for a private showing at your convenience.