$9 Million Marina Palms Penthouse + Yacht Luxury Package a partnership between Marina Palms and Ferretti Group

Marina Palms Penthouse Pool

Marina Palms and Ferretti Group Announce a $9 Million Marina Palms Penthouse & Yacht Luxury Package

A Grand Penthouse designed by Steven G, a 69-Foot Ferretti Yacht and a 70-Foot Wet Slip Offered at Miami’s first new High-Rise Residences with Private Marina in two decades

North Miami Beach, FL (April 23, 2013) – Marina Palms Yacht Club & Residences and Ferretti Group America have announced an exclusive package designed to maximize the project’s unique luxury waterfront lifestyle. The pair is offering a Grand Penthouse – complete with a customized Steven G interior design – a 69-foot Ferretti 690 yacht and a 70-foot wet slip. The price: a mere $9 million.

“We’re extremely excited to offer buyers a unique package that compliments all of the brands involved – Marina Palms, The Ferretti Group and Interiors by Steven G,” said George Helmstetter, principal at The DevStar Group, whose affiliate is co-developing Marina Palms with an affiliate of The Plaza Group. “This is a classic example where the value of the whole is greater than the sum of its parts. We’re taking advantage of our synergies to provide buyers with an option unrivaled by any other project in the market.”
This partnership is a great fit for Ferretti Group and yachting enthusiasts for a variety of reasons, said Brett Keating, VP Marketing with Ferretti Group America, the Fort Lauderdale-based Americas headquarters for the Italian yacht conglomerate. The Ferretti 690 made its US debut this February during the Miami Yacht & Brokerage Show and is undoubtedly one of the most innovative yachts that Ferretti Yachts has produced below 70 feet with a full beam master; and largest in-category salon, cockpit and fly bridge. Other packages can be customized based on a buyer’s individual desires.

“The offer is ideally suited toward those who appreciate South Florida’s boating lifestyle, including Ferretti’s Latin American and international customers who are buying second homes and keeping their boats in a place many call the ‘Yachting Capital of the World,’” Keating said. “Marina Palms’ location on Biscayne Boulevard and the Intracoastal, just minutes from Haulover Inlet, make this project a great location for any boat or yacht owner.”

The Ferretti Group is one of the world’s leading players in the design, construction and sale of motor yachts, with a unique portfolio of eight of the most exclusive and prestigious brands and vessels ranging from 27 to 300 feet in length.

Ferretti 690

Ferretti 690 is characterized by the new design of outer sporty lines, with a continuous glazing from stern to bow, with increased height, reaching the gunwale. Large windows lighting up the VIP fore cabin and the guest cabins have been added to the large open view glazing where the Owner cabin is located.

Ferretti 690 is characterized by the new design of outer sporty lines, with a continuous glazing from stern to bow, with increased height, reaching the gunwale. Large windows lighting up the VIP fore cabin and the guest cabins have been added to the large open view glazing where the Owner cabin is located.

69 feet long and 18' 2" wide - presents two available interior layouts, with three or four cabins

69 feet long and 18′ 2″ wide – presents two available interior layouts, with three or four cabins

The flybridge has been extensively renewed. New generation engines have been selected: twin MAN V8, 1000 mhp in the standard version, with 1200 mhp as an option.

The flybridge has been extensively renewed. New generation engines have been selected: twin MAN V8, 1000 mhp in the standard version, with 1200 mhp as an option.

The galley can be open to the large and social cockpit, and is accessed from the open plan saloon and dining area.

The galley can be open to the large and social cockpit, and is accessed from the open plan saloon and dining area.

There are options for a 3 or 4 cabin layout, both with a large, full beam master cabin.  This master cabin has a large bathroom, walk-in wardrobe, sofa, and furniture with desk.

There are options for a 3 or 4 cabin layout, both with a large, full beam master cabin. This master cabin has a large bathroom, walk-in wardrobe, sofa, and furniture with desk.

For more information on acquiring this Yacht or a different model send us an email.

The Marina Palms Penthouse

The Grand Penthouse is 4,300 sq. ft. with 600 ft. of terrace space and features four bedrooms, 4 1/2 bathrooms and comes standard with secured elevator access, Snaidero cabinetry, stone counter tops, and Wolf, Miele and Sub-Zero appliances including a dual-zoned wine storage unit that holds up to 78 bottles. It also includes two reserved parking spaces.

Penthouse buyers at Marina Palms enjoy unobstructed, panoramic waterfront views across the full-service marina and east to the Intracoastal and the Atlantic.
“It is an interesting option for buyers,” said Director of Sales Michael Internoscia. “In Sunny Isles, Penthouses have sold for more than $20 million, but at Marina Palms you get a magnificent Penthouse, a 70 foot boat slip in the newest yacht club in South Florida and your very own Ferretti 690, all for less than half that price.”
Located at 172nd Street and Biscayne Boulevard in North Miami Beach, Marina Palms Yacht Club & Residences will offer amenity-rich living, unparalleled services and a boating lifestyle designed for yachting enthusiasts. With one million sq. ft. of livable space fronting a waterfront promenade, the residential development will entice any buyer in search of luxury waterfront living.

Every two-, three- and four-bedroom residence and penthouse in the two-tower development will offer standard amenities such as butler service, infinity-edge pools, a state-of-the-art gym, a spa, treatment room, sauna, steam room, and workout studios, a news café, club room with bar, billiard table and 100” plus TV, childrens’ playroom and teens’ lounge and secure, gated access with 24-7 valet service. The much anticipated development will be complemented by a full-service yacht club consisting of 112 wet slips – all perched on the Intracoastal a mere 20 minutes from the ocean.

For sales information on Marina Palms Yacht Club & Residences visit Marina Palms page. For more information on acquiring this Yacht or a different model send us an email.

About Marina Palms:
Marina Palms Yacht Club & Residences represents the first luxury high-rise and full-service marina/yacht club development in Miami-Dade County in more than 20 years. Developed by affiliates of The DevStar Group and The Plaza Group, the two residential towers each will have 25 floors with a combined 468 condo units. The marina and yacht club will offer concierge service and 112 slips with mooring for yachts in excess of 90 feet. Click below for sales more information.

About The Ferretti Group:
The Ferretti Group is one of the leading world players in the design, construction and sale of motor yachts, with a unique portfolio of eight exclusive, prestigious brands all having distinctive and yet strongly complementary features: Ferretti Yachts, Pershing, Itama, Bertram, Riva, Mochi Craft, CRN and Ferretti Custom Line. The Group, founded in 1968 by Norberto Ferretti and led by Chairman Tan Xuguang and CEO Ferruccio Rossi, can boast modern production centres in Italy and in the USA. The Group is also present in the USA through its subsidiary Company Ferretti Group America – which manages a network of points of sale specialising in the sale and marketing of the Group’s brands on the entire North American market – and in Asia, through Ferretti Group Asia Pacific Ltd., based in Hong Kong, as well as a representative and promotion office in Shanghai. Moreover, a selected network of approximately 60 dealers guarantees the Ferretti Group’s presence in over 80 countries, thereby ensuring valued clients receive the very best assistance in marinas all over the world. For more information on acquiring this Yacht or a different model send us an email.

About DevStar Group:
The Devstar Group is a development and investment firm headquartered in Miami, FL that focuses on the high-end residential condominium market. DevStar principals have spearheaded the redevelopment and sales efforts of some of South Florida’s most exciting luxury high-rise projects including the 47-story Paramount Bay located in the Edgewater District of Miami and Ocean House South Beach, a collection of boutique oceanfront residences located in the exclusive South of Fifth neighborhood. The principals of The DevStar Group are Anthony Burns and George Helmstetter. DevStar is proud to be in partnership with iStar Financial, a $7 billion dollar finance and investment company focused on real estate and traded on the New York Stock Exchange under the symbol SFI.

About The Plaza Group:
During the past two decades, Neil Fairman, President and Founder of The Plaza Group, has successfully foreseen opportunities that result in world- class real estate developments. From hotels and high-rise, luxury residences to retail shopping centers and commercial space, their diverse portfolio of real estate projects has reshaped communities and spurred real estate trends. Successful projects include The Palms in Fort Lauderdale and Ocean Palms in Hollywood Beach.

About Steven G:
Founded in 1984 by Steven Gurowitz, Interiors by Steven G. is the most celebrated, innovative and experienced interior designer in Florida. With galleries in Florida and New York, its design team brings its talent throughout the Eastern Seaboard, nationally and internationally. Its team members are fluent in Portuguese, Spanish, Russian, French and German with a vast array of design styles to accommodate and fulfill every client’s needs. Its 100,000 sq. ft. main headquarters, located in Florida is a state of the art showroom that will take design fantasies to the next level. Interiors by Steven G. is a member of the American Society of Interior Designers, National Home Builders Association, Gold Coast Builders Association, Builders Association of South Florida, Society for Human Resource Management and the U.S. Green Building Council.

Source: Marina Palms Sales