Boulevard 57 To Launch Sales Later This Year, Priced At Nearly $600 Per Square Foot

A 107-unit condo project on Biscayne Boulevard will launch sales on September 1, the developer told The Real Deal.

Boulevard 57, an eight-story project previously known as The Boulevard and Unika, is being developer by Unitas Group, backed by Venezuelan investors. The project is valued at $100 million.

The project will be priced high relative to comparable buildings. Prices will average average $550 to $600 per square foot, with an average unit size of 2,300 square feet.

At the ground-floor level, 40,000 square feet of commercial space is being built. Area resident Lyle Chariff of Chariff Realty Group is handling leasing, and is focusing on bringing in grocer and restaurant tenants.

Construction is expected to be completed by the fourth quarter of 2017.

26 Comments
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MrDreTheOne
5 years ago

That seems rather expensive for such a generic condo with a crowded supermarket at the base…

Anonymous
5 years ago

In an unappealing location

XVS
5 years ago

It would be $1000/sq ft in a better location. Location, btw, is very good. Not excellent, but very good.

Actually...
5 years ago

The location is really good. Panther Coffee will be walking distance, and you’re only 5-10 minutes from Downtown and South Beach. If you enjoy sitting in traffic on Brickell Ave, look elsewhere.

Anonymous
5 years ago

And that’s pretty much the only thing in walking distance….

Anonymous
4 years ago

You’re in South Florida Walking distance is not really something you look for when purchasing a place down here as a top priority but within 15 minutes from key locations is a good deal. ? Jus sayin

Obviously
5 years ago

“Prices will average average $550 to $600 per square foot, with an average unit size of 2,300 square feet.”

Expensive and generic?

Ok, if you say so.

XVS
5 years ago

Beautiful building. If developer does top-notch work, it’s worth it.

marc
5 years ago

This is a beautiful development.

Leon
5 years ago

Centrally located, decent price per SF and the size of the units is generous.

Good development.

anonymous
5 years ago

Lots of traffic, no public transit.

Obviously
5 years ago

Do you think the people who purchase units in this building have to rely on public transportation to get where they want to go?

Actually...
5 years ago

There is a bus station across the street, actually. However, something tells me that if you’re shelling out $1M+, you don’t take the bus/metro/etc.

Anonymous
5 years ago

Some people don’t want to drive everywhere, even if they have the means…

Obviously
5 years ago

Yeah sure, a lot of people shelling out a million plus dollars wouldn’t mind getting on a bus with some obnoxious or smelly characters rather than drive the 60 – 80 thousand dollar car they own. (please)

anonymous
5 years ago

Hence the comment about lack of public transit. The only public transit there are the crowded, congested, late Biscayne Blvd buses. No rail transit.

mondocondo
5 years ago

They should flip the project.

Anonymous
5 years ago

Nothing near apart from the station, motels, houses and strip malls

Anon
5 years ago

Except for restaurants, the design district, Morningside Park, and Panther.

Anonymous
5 years ago

Ya, restaurants in strip malls….

Design District isn’t actually walkable because it’s across the tracks and requires quite a bit of backtracking

Anonymous
5 years ago

Doubt people will spend 1.2-1.5MM in a condo in that location.
Nuts!!

Jz
5 years ago

Just ridiculous…

Gared
5 years ago

There will be happy people living there before you know it.Awesome design,awesome location,great amenities,just look 15 years into the future.

Anonymous
5 years ago

Taking out my crystal ball and looking 15 years into the future…I see this one condo and retail development surrounded by single family homes and strip malls.

Ginger
5 years ago

It’s going to get uglier traffic-wise for the Upper Eastside.

Anonymous
5 years ago

^ Needs light rail on Biscayne.