Miami condo is nearly sold out of its $400K+ beach cabanas

In our latest look into Miami’s expansive condo amenity game, we head to Residences by Armani/Casa in Sunny Isles Beach, where a 308-unit luxury project continues its ascent.

Within the César Pelli-designed development is an interesting new wrinkle: 28 two-story beach cabanas located along the complex’s 300 feet of private shore. We’ve learned all but four have already been sold since launching them at the end of June.

They range in size from 250 to 600 square feet and each features a limited kitchen with Italian Dada cabinets, Estramoz countertops, and a GE Undercounter refrigerator and microwave. There’s also a full bathroom with a glass-enclosed shower.

They start at $400,000, which is more than the current median home value ($390K) in Sunny Isles Beach, per Zillow, and the median sales price for Miami ($289,000), per Trulia.

The 56-story modern tower also features 35,000 square feet of additional amenities, including a fine dining restaurant, a cigar room and wine cellar, a heated swimming pool, an ocean-facing fitness center, a theater, and a two-story revitalization spa with indoor and outdoor treatment rooms.

The project, which is 75 percent sold, is targeting completion in 2019.