Please Allow Javascript and reload this page.Developer Valerio Morabito sold the waterfront estate1510 West 25th Street, Valerio Morabito (inset) and Gianluca Vacchi (Getty, Douglas Elliman)Italian developer Valerio Morabito sold his waterfront Miami Beach mansion to Italian entrepreneur, DJ and Instagram personality Gianluca Vacchi for $24.5 million.Morabito sold the 12,700-square-foot home at 1510 West 25th Street on Sunset Island II to Vacchi, listing agent Eloy Carmenate of Douglas Elliman confirmed. Try again later. And it’s the future of Miami Beach.” The property was purchased in 2013 for $5.6 million by Italian developer Valerio Morabito…
We call it the house of the future because it’s elevated. Morabito said that he could redevelop the site in the long run.Cho said the area had been neglected in the past, but the southeast portion of the artsy neighborhood is starting to see new development, including Records show 2143 Realty LLC sold the building to Morabito Properties.
The The seven-bedroom, seven-bathroom and three half-bath mansion has 7,400 square feet of terraces, a 1,140-square-foot rooftop, and about 150 feet of waterfront. The seller paid $5.7 million for the property in 2013.Round-up of top news and topics for each of the following cities:Editorially-curated headlines and news to know for the following areas:The numbers behind office leases, retail, sales and financing We are having some technical difficulties. With a European eye for detail, and an Italian flair for style, Valerio Morabito comes to the United States via his strong family tradition of development and construction in his native country. The 26,388-square-foot …
Earlier this year, he listed his penthouse at 1800 Sunset Harbour Drive in Miami Beach for $10.9 million.Round-up of top news and topics for each of the following cities:Editorially-curated headlines and news to know for the following areas:The numbers behind office leases, retail, sales and financing We are having some technical difficulties. Developer Valerio Morabito is planning his first project in Wynwood. Please Allow Javascript and reload this page.Morabito signed a long-term lease with an undisclosed co-working companyTony Cho, Andres Nava and Valerio Morabito with 2143 Northwest First AvenueDeveloper Valerio Morabito is planning his first project in Wynwood.His Morabito Properties paid $9.3 million for the building at 2143 Northwest First Avenue, according to Tony Cho, president and CEO of Metro 1. Try again later. The property includes more than $1 million of Bonan’s custom furniture, according to information from Elliman.Records show Morabito’s 1510 West 25 LLC paid $5.6 million for the lot in 2012.Morabito has partnered with developer Ugo Colombo in Miami Beach, where they built the boutique oceanfront condo building called Vacchi previously led his family’s business, IMA Group, which designs and manufactures machines that process and package pharmaceuticals, cosmetics, food, tea and coffee. Italian developer Valerio Morabito sold his waterfront Miami Beach mansion to Italian entrepreneur, DJ and Instagram personality Gianluca Vacchi for …
The two-story, 26,388-square-foot building sold for over $350 per square foot.The property is in the southeast quadrant of Wynwood, and it’s zoned T5-O within the Neighborhood Revitalization District. He has about 16.8 million followers on Instagram, and is known for clips showing him dancing with his girlfriend. The house was built 13 feet above sea level, and features two guest homes, a gym, elevator, wine cellar, screening room, 90-foot pool and an outdoor kitchen.Morabito hired Michele Bonan and Max Strang to design the estate, which was completed late last year. Morabito Properties acquired a property in Miami’s Wynwood for $9.3 million and plans to use it for an entertainment venue. For full functionality of this site it is necessary to enable JavaScript.
Cho and Andres Nava, his vice president, brokered the sale. For full functionality of this site it is necessary to enable JavaScript.
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