Marquis Residences Reaches 70 Percent Sold

MIAMI, Aug. 22, 2011 /PRNewswire/ -- Downtown Miami's newest luxury condominium, the magnificent Marquis Residences, recently reached a significant milestone of being 70 percent sold. Located at 1100 Biscayne Boulevard, the 67-story high-rise – the tallest of any residential building on Biscayne – remains red-hot among both brokers and buyers.

"Reaching this remarkable milestone in a short amount of time is a testament to the uniqueness of Marquis Residences," says Alicia Cervera of Cervera Real Estate, the exclusive sales and marketing firm for Marquis. "Between the product that Marquis delivers and the efforts of the onsite sales team – along with technology advances – there was no doubt in my mind that we wouldn't reach impressive numbers with exceptional speed."

With the introduction of the custom-designed iPad Sage app, Marquis Residences' newest high-tech sales tool, brokers can now offer international clients remote, in-depth tours of specific homes, allowing interested buyers to visit Marquis without physically entering the building or even Miami.

"Sage's 3D-generated look creates an up-close, panoramic experience, with vivid views that were previously accessible only in-person," notes Lori Ordover, managing member of The Ordover Group, sales and marketing consultant for Africa-Israel USA. "One recent buyer purchased his residence based solely on experiencing the home – its views, finishes as well as the building's amenities by viewing it on the Sage iPad app."

At Marquis Residences, 60 percent of buyers are foreign, with the bulk being Brazilians. Other buyers hail from Italy, Singapore and France. Although Brazilians are increasingly buying up properties throughout South Florida, Marquis is uniquely attractive because of its relatively small scale – 292 units as opposed to nearby properties which house as many as 1,800 condominiums in one development.

And, with increased interest from the overseas community, Americor Mortgage has begun handling the international loans, providing speedy approval processes and faster closing times. Buyers are now closing in 15-20 days through Americor, compared to the traditional bank route that can take well over a month.

"It's a hassle-free and speedy process that Americor Mortgage has provided for our international buyers and we're delighted to be working with them," continues Ordover. "We are seeing buyers from Venezuela, Columbia, Greece, Italy and many more thanks to the addition of Americor."

Marquis Residences consists of single-level homes, duplex townhouses and suites, all furnished with high-end stainless steel Viking appliances in European-style gourmet kitchens, including a choice of teak, zebrano and other exotic natural wood cabinetry. All bathrooms are by Sand Studio and feature Duravit Starck water closets and double sink.

Residents have access to luxury five-star hotel services, including concierge, security, valet, housekeeping and room service. An 8,000-square-foot spa and fitness center overlooks the Biscayne Bay, while the 14th floor sky pool and private balconies offer stunning views of the city below. There is private elevator access to many of the homes and residents can dine out at Tempo Miami's chic Amuse Restaurant & Lounge, or enjoy their full menu in the privacy of their own homes.

Homes start at $590,000 for a 1,477-square-foot, two-bedroom, two-and-a-half bath residence and go up to $2.2 million for a 3,017-square-foot, two-and-a-half bedroom, two-and-a-half bath duplex penthouse.  

For more information, contact the sales office at 305-571-4000, visit www.Marquis-Miami.com or stop by the sales office at 1100 Biscayne Boulevard.

ABOUT MARQUIS RESIDENCES

A product of prestigious New York-based developer, Africa-Israel USA, Marquis Residences is ideally located at the crossroads of Miami Beach and the burgeoning Downtown Miami Arts & Entertainment district. Marquis' 292 luxury condos offer proximity to sophisticated hotspots and points of interest, including the Adrienne Arsht Center for the Performing Arts, Miami Art Museum, Miami International Airport, Port of Miami, American Airlines Arena and Museum Park, future home to the Miami Science Museum. The 67-story building was designed by the internationally acclaimed architects of Arquitectonica with unmatched 360-degree views of Downtown Miami, Miami Beach and Biscayne Bay. Biscayne Beacon, a 16-story lighting fixture, crowns the tower from sunset to sunrise, making Marquis Residences an enduring landmark of the Miami skyline. The award-winning development offers unparalleled amenities, including a 14th-floor sky pool deck with Asian-inspired gardens, cabanas and juice bar; exclusively designed bathrooms & European-style gourmet kitchens; and the fastest high-speed elevators south of New York. Additional luxuries include a spa with private suites; Amuse, a fine dining restaurant; and Tempo Miami, a 70-suite boutique hotel. Marquis Residences is located at 1100 Biscayne Boulevard, Miami, Florida 33132.

ABOUT LEVIEV BOYMELGREEN MARQUIS DEVELOPERS, LLC.

Leviev Boymelgreen Marquis Developers, LLC ("LBMD") is a wholly owned subsidiary of Africa Israel Investments Ltd. ("AI") USA Corp ("AFI USA"), the international holding and Investment Company controlled by world-renowned businessman Lev Leviev. Most of AFI USA's activity in North America has taken place in the last ten years and has centered on luxury residential real estate in New York, Los Angeles, San Francisco, South Carolina, Texas, Phoenix, Las Vegas and Miami. The parent company, AI, is a global powerhouse with a long history of diverse interests across multiple industry sectors, including telecommunications, commercial construction, media and energy. www.afigroup-global.com

ABOUT CERVERA REAL ESTATE INC.

Cervera Real Estate Inc. was founded in 1969 with a goal to assist developers of multi-family residential projects in South Florida. No other real estate firm can match their depth of local knowledge or preeminent place in Miami's heritage. Their vision has played an instrumental role in the growth of what are today's most sought-after Miami real estate neighborhoods. Led by founder Alicia Cervera Sr. and partners Veronica Cervera Goeseke and Alicia Cervera Lamadrid, they have successfully navigated South Florida's market cycles for nearly half a century, due largely to a foundation of vision, integrity, knowledge and commitment. This resiliency is a Cervera hallmark and provides clients with an assurance that they will be here for a long time.

SOURCE Marquis Residences