Fabrizio Cacciatore | Come investire a Miami: March 2022

Perigon on the beach

Situated on a tranquil stretch of pristine sands, The Perigon's distinguished façade of cascading lines will rise high above the storied shores of Miami Beach. Panoramic views overlook the soothing tides of the Atlantic, the distinguished waters of Biscayne Bay, and the illustrious Miami skyline.

The visionaries behind this remarkable development include: OMA led by Jason Long as the designers, who designed the expansive two to four bedroom beachfront residences with panoramic ocean and bay views. Mast Capital and Starwood Capital as the developers, London-based Tara Bernerd & Partners as the interior designer and Gustafson Porter + Bowman as the landscape architect.

It's located on 5333 Collins — to the west there is no view obstruction, you look at Pinetree - La Gorce and the bay (Sunset side). To the east you have the direct beachfront.

Some of the services and amenities on property include: over 15,000sf of amenity spaces and fully serviced beach club and pool with food and drink service throughout; fitness studios, social rooms with wine lockers, screening room, game room, breakfast room, spa, small offices, board rooms, kids club, fully-attended beach club. On-site Michelin-starred restaurant with lounge upstairs only for residents & more. The building offers all the services expected in a 5-star hotel property, but without the hotel. Some of these services include: in-room dining, a-la-carte housekeeping services, butler services, a staff of engineers dedicated to the owners, spa services in residence & more.

Renderings: https://www.dropbox.com/sh/4qlm2whdfrj39xg/AABK2HoRRrgEPLUqw8-5yTzra?dl=0

Fact Sheet: https://www.dropbox.com/sh/jdhatkc8ir9sxsg/AABX_oFCumsMmc0yjja43fZ3a?dl=0

At this time, the developer has decided to release residences on floors 3, 4, and 10; one unit on floor 14 and one Penthouse. Availability is limited and inventory will change quickly without notice as residences are being reserved rapidly.

Floor plan: https://www.dropbox.com/s/8bc8ehvtiv7uurk/Residence%2001%20-%204Bed%20%7C%205Bath%20%7C%20Powder%20Room%20%7C%20Den.pdf?dl=0

Price Range: starting at $13.5m & up

Floor plan: https://www.dropbox.com/s/73iy6i27lidp3k1/Residence%2002%20-%203Bed%20%7C%203Bath%20%7C%20Powder%20Room.pdf?dl=0

Price Range: staring at $8.5m & up

Floor plan:https://www.dropbox.com/s/oslxq5jmkwped4z/Residence%2003%20-%202Bed%20%7C%202Bath%20%7C%20Powder%20Room.pdf?dl=0

Price Range: starting at $5.5m & up

Floor plan:https://www.dropbox.com/s/4d7ss6ds7l8pjfb/Residence%2004%20-%202Bed%20%7C%202Bath%20%7C%20Powder%20Room.pdf?dl=0

Price Range: starting at $4m & up

Floor plan:https://www.dropbox.com/s/iv8fk7aqtl9lf13/Residence%2005%20-%202Bed%20%7C%202Bath%20%7C%20Powder%20Room%20.pdf?dl=0

Price Range: starting at $5.3m & up

Residence 06 - 4Bed | 5Bath | Powder Room (floors 4-10) | 3,808sf interior, 2,240sf exterior | Bay & Ocean View Residence

Floor plan: https://www.dropbox.com/s/qwbia5y2rwb6f9o/Residence%2006%20-%204Bed%20%7C%205Bath%20%7C%20Powder%20Room.pdf?dl=0

Price Range: starting at $10.7m & up

I have a few other units with not standard floor plans on floor 3 and larger units on the highest floors. Let me know what you are looking for so I can better assist.

The breakdown of the building is as follows:

73 Units + 10 guest suites
18 Stories

To reserve a residence we ask for a deposit of $200,000 at reservation signing and the balance of 10% of the unit price within 7 days thereafter. Contracts are expected to be ready in the Summer of 2022.

Once contracts are ready, the deposit structure is as follows:

10% reservation deposit applied towards your first deposit
10% signed contract
10% at groundbreaking
10% at top off
60% at balance closing

Expected Delivery: Q1 2025

The Standard in Miami, finally

Available units.

Unit #	Interior SF	Terrace SF	Description	Exposure	List Price
312	817	191	1 Bed/1 Bath	Northeast	$ 695,900
705	598	91	1 Bed/1 Bath	East	$ 599,900
803	598	91	1 Bed/1 Bath	East	$ 619,900
910	598	91	1 Bed/1 Bath	East	$ 619,900
PH04	598	91	1 Bed/1 Bath	East	$ 669,900
204	786	622	1 Bed+Den/2 Bath	East	$ 824,900
302	786	180	1 Bed+Den/2 Bath	East	$ 754,900
305	786	180	1 Bed+Den/2 Bath	East	$ 739,900
507	965	157	1 Bed+Den/2 Bath	East	$ 879,900
201	963	155	2 Bed/2 Bath	Southeast	$ 839,900
327	883	179	2 Bed/2 Bath	East	$ 879,900
801	785	46	2 Bed/2 Bath	Southeast	$ 899,900
PH01	785	46	2 Bed/2 Bath	Southeast	$ 999,900
617	479	0	Studio	West	$ 419,900
721	479	0	Studio	West	$ 429,900
824	479	0	Studio	West	$ 421,900
926	479	0	Studio	West	$ 449,900
PH24	479	0	Studio	West	$ 429,900

EASY LIVING

Miami’s first true pied-à-terre

Located in the bustling Midtown neighborhood at 3100 NE 1^st Avenue, Miami 33137 (Google Earth View)

228 pieds-à-terre from 432 to 965 square feet
12 floors including 34,000 square feet of amenities and 10,000 square feet of ground floor retail
Secure neighborhood with unparalleled connectivity to the Design District, Wynwood, Downtown Miami, and the Beaches
Flexible rental program with 30-day minimum stay, 12 times per year
Estimated maintenance fee of $0.85/SF

A HIGHER STANDARD

A collection of refined studio, one-bedroom, one-bedroom + den, and two-bedroom pieds-á-terre

Custom finishes designed by Urban Robot elevate the human experience and provide a sense of place
Gracious open floor plans and nine-foot ceilings invite natural light through floor-to-ceiling sliding glass doors
Contemporary, open-concept kitchens with top-of-the-line appliances are both sleek and functional
Premium wood-inspired flooring throughout offers timeless sophistication
Custom bathrooms feature coveted double vanities and dual shower heads; all accented by chic brass fixtures
High-efficiency washer and dryer
Private, outdoor terraces in select residences seamlessly connect with the vibrant energy of Midtown Miami

PLAY, RELAX & VIBE

More than 34,000 square feet of delightfully curated amenities infused with the hospitality of The Standard brand

Expansive lobby with soaring double-height ceilings and thoughtfully customized social spaces including The Standard Café
Pet friendly community with grooming spa
Tropically landscaped, resort-style rooftop deck featuring a 60-foot-long swimming pool, whirlpool spa and outdoor rain showers
Global-inspired rooftop restaurant and bar with poolside service and on-demand delivery to residences
High-definition private screening room with cutting-edge audiovisual equipment
Vibrant social floor with spacious lounge, karaoke bar and gourmet kitchen all overlooking the pickleball court, set as the ideal location for any celebration or gathering
Sweat floor with state-of-the-art, fully equipped fitness center, outdoor yoga terrace, indoor yoga and meditation studio, infrared saunas, and pickleball court
Work floor with co working spaces, four zoom rooms and private boardroom with high-speed internet
Bicycle storage spaces
24-hour attended lobby and concierge services
On-demand housekeeping, grocery provisioning services, dry cleaning, shoeshine and tailoring
Private, secure, and air-conditioned storage rooms available to all residents for purchase
Climate-controlled package and mail room
High-speed elevators with controlled property access
24-hour security systems, high speed elevators and controlled property access
High-speed internet access in all public areas

NEIGHBORHOOD

Walk, walk, walk everywhere…in high heels, trainers, or suits. Surrounded by residential buildings and bustling sidewalks 24/7

The Standard Residences Midtown Miami is steps from everything, located in the center of it all. Inspired by New York’s Soho district, Midtown’s bustling sidewalks and electric 24/7 atmosphere is at the heart of Miami’s explosive growth. Midtown is Miami’s most pedestrian-friendly neighborhood, connected to the Design District on the North and Wynwood to the South. Walk downstairs for a bite at Sugarcane, shop at Trader Joe’s, or stop by the new Whole Foods on 29th and Biscayne. The project celebrates Midtown's urban culture with a 4,000 square-foot lobby alongside 10,000 square feet of active ground floor retail.

PAYMENT STRUCTURE & TIMING

10% at Reservation (Immediately)
10% at Contract (est. April 2022)
10% at Groundbreaking (est. Q4, 2022)
10% Six Months After Groundbreaking (est. Winter 2022/23)
10% at Top Off (est. 2023)
50% at Closing ( est Q1, 2024)

The Home Buying Process

Buying a home is one of the most exciting—and complex—transactions of your life. While there are some individuals who will have a different process due to individual circumstances, the typical home buying process includes about 10 steps:

Submit a loan application to a lender with any documentation need to obtain a pre-qualification
Select a real estate agent, find a home, and negotiate the purchase price with the help of your agent
When your offer is accepted, the contract is then sent to the lender, who updates the application and requests updated documentation, if applicable
Home inspection is scheduled and completed
Loan officer submits the file to processing at which time the appraisal, title, and tax certification are ordered and borrower provides insurance information
Final loan approval: File is submitted for Underwriting which may require additional documentation from the borrower to be resubmitted to Underwriting
Closing documents sent to the title company
HUD 1 Settlement Statement is given to borrower, required closing costs are established
It’s time to close! Borrower brings a photo ID, signed closing documents and closing costs in the form of a cashier’s check or wired funds to the title company
Funding – congratulations, you’re a homeowner!