Newgard Development Group’s LOFTY Brickell continues to be a big hit with all kinds of luxury condominium buyers – including a three-time World Series winner. Baseball star Pablo Sandoval, who won the 2012 World Series Most Valuable Player award while with the San Francisco Giants, purchased two LOFTY residences for $2 million.
Sandoval, who also made two All-Star teams during his 13-year Major League Baseball career, seized the opportunity to own two condos at the most elevated offering in Newgard’s flexible ownership concept. His purchase is another shining endorsement of one of the Miami condo market’s most successfully sold buildings and the continued maturation of Brickell as one of the nation’s most vibrant modern metropolises.
“We are thrilled to welcome Pablo Sandoval to the LOFTY Brickell family,” Newgard CEO Harvey Hernandez said. “He and many others are recognizing that our project offers an unmatched combination of luxury, flexibility, location and amenities. LOFTY is truly a grand slam for condo buyers.”
LOFTY Brickell sales executives Jeffrey Abreu and Dali Hernandez of Cervera Real Estate represented the developer in the transaction. Karyna Texeira of Brokers LLC represented Sandoval. Cervera is the exclusive sales and marketing company for Lofty.
Another internationally famous professional athlete, Canadian tennis star Leylah Fernandez, is also a LOFTY Brickell buyer.
Located directly across from Brickell City Centre on a waterfront site on the Miami River, the 44-story LOFTY is the next evolution of condo ownership, conceived to bring a 5-star alternative for the traveler of today that might prefer to stay in a residence – yet does not want to compromise on the services and amenities of a hotel. Each residence will be delivered fully finished and furnished and, with professional management, will permit short-term rentals. Newgard has successfully introduced flexible ownership concepts at numerous past projects in Florida and Texas and is now bringing its most elevated vision to the heart of Miami’s Financial District.
The 362-unit LOFTY features 309 tower residences including studio, one- and two-bedroom units alongside 40,000 square feet of thoughtfully curated amenities, including a private marina, a world-renowned waterfront dining destination to be announced later this year, a members-only social club, resort pool deck and fitness center, indoor/outdoor cigar lounge, co-working lounge and meeting rooms. LOFTY’s 53-unit Penthouse Collection offers spacious two, three and three-bedroom plus den residences that are curated and will be furnished by revered design firm Artefacto.
LOFTY’s Penthouse collection also gives exclusive access to a “Penthouse Observatory,” a 2,000-square-foot private serviced VIP amenity lounge on the 35th floor, exclusive to the penthouse homeowners and their guests. Penthouses are priced from $1.95 million to $3.5 million.
Nearly 90% of the project’s condos are sold, so the window for buyers to be part of Miami’s residential equivalent of a 5-star boutique hospitality brand is rapidly closing.
LOFTY is the next evolution of condo ownership, delivering luxury, fully finished and furnished turn-key residences. The tower will feature the first-ever NFT art collection designed for condo owners, integrating digital art into the DNA of the new residential building, while transferring ownership of a custom NFT to each unit owner at closing.
INC, the multi-disciplinary INC Studio responsible for LOFTY’s 44 stories of swanky interiors. Urban Robot Associates is the landscape architect.
For more information visit: https://www.loftybrickell.com/.
About Newgard Development Group
As leaders in residential lifestyle development across the US, Newgard Development Group represents 50 plus years of innovative real estate design, marketing, and construction – assuring excellence from concept to completion. With a forward-thinking approach to development and architecture, Newgard transforms the way buildings and spaces come to life with a passionate commitment to enhancing and elevating its surrounding communities. CEO, founder and visionary, Harvey Hernandez, has fueled Newgard’s projects, from luxury buildings with cutting-edge amenities, to revitalizing high-end residential markets and pioneering the category of flexible ownership. Newgard has developed and managed projects ranging from $20 million to $500 million in key markets with a focus on Florida, Texas, and Tennessee. Recent notable projects include Lofty Brickell, Natiivo Austin, Natiivo Miami, Gale Residences Ft. Lauderdale Beach, Gale Hotel, BrickellHouse, Centro and One Flagler, among others.
About Cervera Real Estate
Cervera Real Estate is a Miami-based, family-owned and operated, full-service international real estate brokerage founded in 1969. Since then, Cervera has played a role in every Miami real estate cycle and closed more than $16 billion in sales. The Cervera name has represented over 115 luxury high-rise condos across the region – more than any other brokerage in South Florida – and played an integral role in the revitalization of neighborhoods across the region, including the Brickell financial district, Miami Beach’s South of Fifth, Downtown Miami and East Edgewater. As the first agency to exclusively represent developers in the sales and marketing of their projects, Cervera created a specialized field within the brokerage industry; and was the first to market extensively in international markets. Today, Cervera continues to broaden its international relationships, while expanding its global reach. In 2021, the firm was selected for membership in Leading Real Estate Companies of the World ™ and Luxury Portfolio International ™.
