Miami Beach is getting a brand new condo building called 57 Ocean.
A groundbreaking ceremony is scheduled for April 4, the developers announced yesterday in a press release. A $3 million sales gallery also recently opened.
The 18-story tower will include 81 units ranging in price from from $1.5 million to $31 million.
An older condo building, the Marlborough House, was purchased and demolished to make way for the new project.
Multiplan Real Estate Asset Management, owned by Brazilian billionaire José Isaac Peres, is the developer.
Miami’s Arquitectonica is the architect. Interior design is by Brazilian architect and designer Patricia Anastassiadis, of Anastassiadis Arquitetos. Fortune Development Sales is handling sales and marketing.