Financially backed by the Disney family fund (which is also, by the way, building Palau) Peloro Miami Beach, on a rare large empty lot in North Beach with expansive water frontage on Indian Creek reportedly had 75% of its units on reservation back in March. But although sales seem to be going well, the luxury building designed by Luis Revuelta is still looking around, hoping to find a buyer for its last still-unsold penthouse. Unlike trophy penthouses at other towering buildings that costs tens of million of dollars, the $2 million penthouse is wayyyy less expensive, but also way lower, scoring the top floor on a seven story building (and its private roof deck of course). It's still very nice, and living there will still make you the big cheese of the building, but really a totally different experience than one would get living in a $55 million oceanfront sky-high casbah. Apples and oranges, people.
The unusually low-rise building in condo tower-happy Miami Beach comes with the full roster of typical amenities, including pools, club rooms, a porte cochere, and an impressive lobby. There's an interior atrium, and a large breezeway cutting a hole through the curved building mass.
UPDATE: Peloro is now 90% sold, with about 13 units (one of which is that penthouse) left.
· Peloro sees 75% of units reserved [Real Deal Miami]
· Peloro Miami Beach [peloromiamibeach]